Alpha Futures Review for 2025: Comprehensive Insights

Last Updated: November 19, 2025

Author: Day Trading Insights Research Team

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 Sizes:  From $50,000 all the way up to $450,000 in simulated funds.
• Largest Payout Cap: $15,000, which is 3X the industry average.
• 1-Step Evaluations: Just don't hit your Maximum Loss Limit of 4% which is calculated at the end of the day (unrealized profits intraday).
• 3 Tier Profit Split: Payouts 1 and 2 get 70%, 3 and 4 get 80%, 5 and above get 90%.
• Very Competitive Pricing: Accounts starting at $79/month with resets as low as $59.

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. The company has been able to establish themselves as a solid future prop firm and has solid reputation within the trader community as well.

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 no 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 all three of their trader funding routes: their Zero, Standard and Advanced evaluation paths. The lowest plan is the Alpha Futures Standard 50K plan that starts at $79 before any discounts are applied.

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. To get to the $450K, a trader would need to have 3 accounts with $150K each.

If you choose to go with the Alpha Futures Zero Plan, you will not need to pay any activation fee. That's right, the activation fee to go with the Zero plan, is actually zero. Other two plans do require $149 one time activation fee per qualified account.

Alpha Futures Trading Tools

What Assets Can You Trade With Alpha Futures?

There are 6 main assets classes that Alpha Futures Trader Funding programs allow: Equity & Index, Currency, Commodities & Agricultural, Metals, Financial Interest Rates, and Crypto.

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)

Currency

Commodities & Agricultural

Metals

• GC: Gold
• MGC: Micro Gold
• SI: Silver
• SIL: Micro Silver
• HG: Copper
• MHG: Micro Copper
• PL: Platinum

Financial Interest Rate

• ZT: 2-Year Note
• ZF: 5-Year Note
• ZN: 10-Year Note
• ZB: 30-Year Bond
• UB: Ultra-Bond
• TN: Ultra-Note

Crypto

• MBT: Micro E-mini Bitcoin
• MET: Micro E-mini Ether

What are Alpha Futures' Trading Platforms?

What are Alpha Futures' Scaling Plans?

What is Alpha Futures' Consistency Rule?

Qualified account rules:

• Standard Plan 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 Plan Accounts: No consistency rule applies
• Zero Plan Accounts: 40% consistency rule after qualification, identical to the Standard Plan Accounts

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
• Zero Accounts: 4% trailing  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.