Alpha Futures Review for 2025: Comprehensive Insights

Last Updated: January 1, 2025

Editorial Note: Although we are committed to strict Editorial Integrity, this post could contain references to products made by our partners. This is how we make money. According to our Disclaimer, none of this web page's information or data as investment advice. Learn more about our affiliate policies and how we get paid.

Key Takeaway:

 Account Size:  $50,000-$450,000

 Profit Target for Standard Account:  6%

 Profit Target for Advanced Account:  8%

 Max Position Size per $50K Account:  5 minis or 50 micros

 Evaluation Profit Split:  Starts at 70%, up to 90% after five payouts

 Standard Account Reset Fee:  $79

 Advanced Account Reset Fee:  $139

 Weekly Withdrawal Opportunity:  After 5 winning days of $200+ profit

 Initial Daily Loss Guard for $50K:  -$1,000

 Maximum Loss Limit for Standard:  4%

 Maximum Loss Limit for Advanced:  3.5%

Alpha Futures is a relatively new futures prop trading company, but the phrase “new kid on the block” is inappropriate for it. This is because the firm, under the stewardship of CEO Ben Chaffee, is in the hands of veteran futures traders. Headquartered in London, England (and also registered in Wales), the company has a simple but ambitious goal: to provide traders with substantial capital, robust tools, and the support they need to achieve consistent profitability.

What is Alpha Futures?

Alpha Futures is the sister company of the well-regarded Alpha Capital Group, which focuses on forex prop trading and is operated by Alpha Futures Limited. This firm approaches funded trading accounts innovatively: the evaluations are extremely straightforward and there are restrictions like daily drawdown. Even better, you only have to hit a 6% profit target when evaluating for the Standard account. This rule is not there once you graduate to the “Qualified” status.

The company's commitment to trader development extends beyond just providing capital. It maintains a wealth of educational material that helps traders with market analysis and much more. Some of the educational resources available include trading webinars, a FAQ section, and blog posts. Besides that, there is a community of experienced professionals ready to answer questions as they arise. This ecosystem approach demonstrates the firm's understanding that successful prop trading requires more than capital—it needs a supportive environment where traders can grow and refine their strategies.

What are Alpha Futures' Account Sizes?

The prop trading firm takes a streamlined approach to account sizing, starting traders at a base account size of $50,000. This standardized starting point applies to both their Standard and Advanced evaluation paths, providing a solid foundation for traders to demonstrate their skills.

From this initial $50,000 base, traders can scale their accounts in $50,000 increments, with the firm offering a maximum allocation of up to $450,000 for qualified traders. Each $50,000 increment allows for up to 5 contracts of trading capacity, enabling traders to gradually increase their position sizes as they grow their accounts.



This structured approach to account sizing reflects the company's commitment to sustainable growth, allowing traders to build their way up from the base $50,000 account to larger capital allocations. Whether choosing the Standard or Advanced path, all traders begin with the same account size foundation, ensuring a level playing field while maintaining clear pathways for account growth.

Pros and Cons

When considering the firm, it's essential to weigh its advantages and limitations to assess if it aligns with your trading approach and goals.

What Can You Trade With Alpha Futures?

The company’s traders can curate their portfolios with several instruments, which they can access through the CME Group exchanges. They can diversify their strategies across multiple asset classes as follows:

Equities futures:

• E-mini S&P 500 (ES) and its micro counterpart (MES)
• E-mini NASDAQ (NQ) and Micro E-mini NASDAQ (MNQ)
• Mini-DOW (YM) and Micro Mini-DOW (MYM)
• E-mini Russell (RTY) and its micro version (M2K)
• Nikkei (NKD)

Foreign exchange futures:

• Euro FX (E) and E-mini Euro FX (E7)
• British Pound (B)
• Japanese Yen (J)
• Australian Dollar (A) and its micro version (M6A)
• Swiss Franc (S)
• Canadian Dollar (C)
• Mexican Peso (M)
• New Zealand Dollar (N)

Commodities futures:

• Energy products like Crude Oil (CL), Natural Gas (NG), and their micro variants
• Agricultural futures including Corn (ZC), Wheat (ZW), Soybeans (ZS)
• Metals such as Gold (GC), Silver (SI), and Copper (HG), including micro contracts

Additionally, traders can access various interest rate futures and even cryptocurrency futures like Micro Bitcoin (MBT) and Micro Ether (MET), providing ample opportunities for diversification and strategy implementation.

What are Alpha Futures' Trading Platforms?

Alpha Futures Reviews: Who Is It For?

What Is The Alpha Futures Leverage?

This firm takes a measured approach to leverage through its innovative scaling plan, focusing on earned position size increases rather than fixed leverage ratios. This "earn your large positions" philosophy demonstrates their commitment to sustainable trading growth.

The leverage structure works on a tiered system based on account performance:

For a $50K account:

• Initial position limit: 2 minis or 20 micros
• At $1,500-2,000 profit: Increases to 3 minis or 30 micros
• At $2,000-3,000 profit: Maxes at 5 minis or 50 micros

For a $100K account:

• Initial position limit: 3 minis or 30 micros
• At $1,500-2,000 profit: Increases to 4 minis or 40 micros
• At $2,000-3,000 profit: Increases to 5 minis or 50 micros
• At $3,000-4,500 profit: Increases to 10 minis or 100 micros

For a $150K account:

• Initial position limit: 3 minis or 30 micros
• At $1,500-2,000 profit: Increases to 4 minis or 40 micros
• At $2,000-3,000 profit: Increases to 5 minis or 50 micros
• At $3,000-4,500 profit: Increases to 10 minis or 100 micros
• At $4,500+ profit: Maxes at 15 minis or 150 micros



This progressive scaling system encourages traders to prove their profitability before accessing larger position sizes, aligning with the firm's focus on sustainable trading practices.

Alpha Futures' Payout System

The prop trading firm maintains two distinct payout structures, varying between Standard and Advanced plan accounts. The goal is to reward consistent performance while encouraging sustainable trading practices.

Standard Plan Payouts:

The company implements a tiered profit-split system that rewards trader longevity:

• First two payouts: 70% profit split
• Third and fourth payouts: 80% profit split
• Fifth payout and beyond: 90% profit split

Traders can request withdrawals every 14 days from their first qualified trade, provided they satisfy the 40% Consistency Rule. The minimum withdrawal amount is set at $200, and all payout requests are processed within 48 hours.

Advanced Plan Payouts:

This plan offers more frequent access to profits with unique features:

• Weekly withdrawal opportunities
• Requires 5 winning trading days with $200+ profit between requests
• Initially allows withdrawal of up to 50% of profits
• After 30 trading days with $200+ profit, enables 100% profit withdrawal
• Maintains a consistent 90% profit split from day one



A key consideration for both plans is the Maximum Loss Limit (MLL). For instance, with a $50,000 account grown to $55,000, traders can withdraw the $5,000 profit (subject to their profit-split tier), but doing so would bring the account to MLL and result in closure. The firm encourages traders to prioritize account longevity over maximum withdrawals, promoting sustainable trading practices.

Alpha Futures' Pricing Information

The company employs a transparent pricing structure that varies based on account size and evaluation type. It divides costs into three main categories: monthly subscription fees, reset fees, and activation fees.

Monthly evaluation fees:

• $50K Account
• Standard Evaluation: $79/month
• Advanced Evaluation: $139/month

• $100K Account
• Standard Evaluation: $159/month
• Advanced Evaluation: $279/month

• $150K Account
• Standard Evaluation: $239/month
• Advanced Evaluation: $419/month

The subscription automatically rebills monthly from the signup date until the trader passes the evaluation, at which point it automatically terminates. If a trader fails their evaluation, they receive a fresh account with the original starting balance upon rebill, effectively serving as a free reset.

Reset options:

Traders can purchase resets at any time during their subscription period, with costs matching their monthly evaluation fee. For example, a $50K Standard account reset costs $79. These resets:

• Can be used unlimited times
• Don't affect the monthly rebill date
• Can be purchased directly through the dashboard
• Return the account to default settings, including starting balance and maximum loss limits

Qualified account activation:

Once traders pass their evaluation, they move to a simpler pricing model:

• One-time activation fee of $149 per Qualified Account
• Must be paid within 30 days of passing evaluation
• Account access granted within 1-2 business days after payment
• No monthly subscription fees for qualified traders

This pricing structure encourages traders to maintain consistent performance while providing flexible options for account resets and progression to funded status.

What are Alpha Futures' Scaling Plans?

What is Alpha Futures' Consistency Rule?

Qualified account rules:

• Standard Accounts: Operate under a 40% consistency rule

1. Single trading day profits cannot exceed 40% of total profits
2. Rule resets between withdrawal requests
3. Violation doesn't breach the account but requires additional trading to satisfy the ratio
4. Formula: Biggest Day/Total Profit ≤ 40%

• Advanced Accounts: No consistency rule applies



Traders can monitor their consistency ratio through their dashboard, where the payout feature remains inactive until the rule is satisfied. This structured approach reinforces the trading provider's emphasis on consistent performance over occasional big wins.

What are Daily Loss Guard and Maximum Loss Limit?

The company implements two distinct risk management features: the Daily Loss Guard (DLG) for qualified accounts and the Maximum Loss Limit (MLL) for both evaluation and qualified phases.

Daily Loss Guard (Qualified Accounts Only):

This 2% protective measure serves as a "soft breach" rule:

When a trader hits the DLG:

• All open positions are automatically flattened
• Pending orders get canceled
• Trading is suspended until the next day (6 pm ET)
• Account remains active (not terminated)

Traders using AlphaTicks can customize their DLG to implement even stricter risk parameters if desired.

Maximum Loss Limit:

The MLL functions as a trailing drawdown mechanism:

• Standard Accounts: 4% drawdown limit
• Advanced Accounts: 3.5% drawdown limit

How MLL Works:

• Calculated from end-of-day balance highs, not intraday peaks
• Example with $50K Standard Account:
• Initial MLL: $48,000 ($2,000 below starting balance)
• After $500 profit: New MLL becomes $48,500
• After subsequent $500 loss: MLL remains at $48,500
• MLL stops trailing once it reaches the initial starting balance

Consequences of breaching limits:

• MLL Breach in Evaluation: Account loses funding eligibility
• Solution: Purchase reset or wait for monthly rebill
• MLL Breach in Qualified Account: Account closes at day's end
• DLG Breach: Trading pauses until the next day; the account remains active



This dual-layer risk management system reflects the organization's commitment to protecting both trader and company capital while fostering disciplined trading habits.

Is Alpha Futures a Scam or Legit?

In a market where new prop firms appear regularly, evaluating legitimacy becomes crucial for traders seeking reliable funding partners. Several factors indicate Alpha Futures operates as a legitimate proprietary trading firm.

First, the company is exceptionally transparent in its operations. It has clear and detailed documentation of all policies—the evaluation rules, risk management protocols, pricing structure, profit-sharing model, and trading requirements are openly displayed and consistently enforced. This level of transparency is only possible when a company runs legitimate operations.

Second, Alpha Futures implements robust risk management tools. Rather than promising unrealistic returns, the organization has developed structured scaling plans that reward proven performance. The inclusion of well-defined daily loss guards and maximum loss limits shows a serious approach to capital preservation. Their automated system protections for trading hours compliance reflect a professional understanding of market operations.

Third, the trader-centric features of their business model point to legitimate operations. The company offers multiple evaluation paths through Standard and Advanced options, indicating an understanding that different traders require different approaches. Their proprietary AlphaTicks platform, designed specifically for futures trading, represents a significant investment in trader success. The reasonable reset fees and progressive profit splits encourage long-term relationships rather than quick profits.

Perhaps most telling is their approach to trading environment integrity. The firm maintains strict policies against market manipulation, clearly prohibiting algorithmic trading abuse and exploitative practices like tick scalping. Their prevention of account rolling and group trading, along with protection against simulation environment exploitation, shows a commitment to maintaining a fair trading environment.



While relatively new to the prop trading space, Alpha Futures has established itself through professional operations, transparent policies, and a clear focus on developing sustainable trading practices rather than promoting get-rich-quick schemes. Their structured approach to trader development and emphasis on risk management aligns with legitimate prop firm practices, making them a credible option for serious traders seeking funding opportunities.

Alpha Futures Reviews and Social Media Presence

Alpha Futures Review: Final Thoughts

The prominent theme throughout this review is that Alpha Futures is a noteworthy contender in the prop trading space. The company may be a new player in the field, but it has quickly established itself through a combination of innovative features and trader-centric policies.

The firm’s standout attributes include its dual evaluation paths (Standard and Advanced), which cater to different trading styles and risk appetites. Their scaling system, which allows traders to grow from an initial $50K to a substantial $450K account, indicates that this prop firm wants to establish a long-term relationship with its funded traders. Most importantly, the proprietary AlphaTick platform is evidence that the company is willing and able to invest in traders.

Risk management is a key pillar of Alpha Futures’ operations, as evidenced by the thoughtfully structured daily loss guard and maximum loss limit systems. The 2% daily loss guard on qualified accounts protects traders from significant drawdowns, while the trailing maximum loss limit of 4% for Standard and 3.5% for Advanced accounts provides reasonable risk parameters without being overly restrictive.

The firm's profit-sharing model is competitive, with qualified traders earning up to 90% of profits. Their transparent approach to consistency rules – 50% during evaluation and 40% for qualified accounts – helps maintain disciplined trading practices while still allowing for profitable opportunities.

However, potential traders should carefully consider certain aspects. The evaluation profit targets (6% for Standard and 8% for Advanced) represent significant hurdles, and the position size limitations of 5 contracts per $50K might restrict certain trading strategies. Additionally, as a newer firm, they have a shorter track record compared to some established competitors.



Overall, Alpha Futures appears to have struck a balance between providing attractive trading opportunities and maintaining necessary risk controls. Their growing social media presence and positive trader reviews suggest they're building a sustainable operation focused on long-term success rather than short-term gains. For traders willing to adapt to their structured approach, this prop firm offers a viable path to funded trading.