HQ United Kingdom
Alpha Futures Review 2026
Alpha Futures is a UK-based futures prop firm operated by Alpha Futures Limited, selling challenges for 2 years, rated 3.9/5 by our formula (#42 of 90) and 4.4/5 on Trustpilot from 6,025 reviews. It is best for skipping the evaluation with an instant account; skip it if you dislike trailing drawdown (all accounts use end-of-day trailing).
- Trader reviews
- 70
- Price per $10K
- 48
- Rules & drawdown
- 55
- Payouts & split
- 92
- Track record
- 42
- Platforms & programs
- 83
Best for skipping the evaluation with an instant account.
Skip if you dislike trailing drawdown (all accounts use end-of-day trailing); you prefer a one-time fee over a monthly subscription; you live in Nigeria, Pakistan and Kenya or another restricted country.
Score breakdown
Alpha Futures scores highest on payouts & split and platforms & programs, and lowest on track record.
It ranks #42 of the 90 firms we track and #15 of 30 futures firms.
Companies House incorporation date of Alpha Futures Limited (17 April 2024); the firm's About page says it was founded in Q3 2023.
Price vs the futures market
Alpha Futures's median price per $10K of funding is $34.90, cheaper than 47% of futures firms. The cheapest single account costs $89 per month.
Alpha Futures challenges and prices
Price by account size
$100K 1-Step: targets and limits
| Account | Program | Price | Target | Daily | Max | Drawdown | Split |
|---|---|---|---|---|---|---|---|
| $25K | 1-StepZero | $89/mo | 6% | 2% | 4% | End-of-day trailing | 90% |
| $25K | InstantDirect | $349 | None | 2% | 4% | End-of-day trailing | 90% |
| $50K | 1-StepStandard | $129/mo | 6% | 2% | 4% | End-of-day trailing | 90% |
| $50K | 1-StepZero | $139/mo | 6% | 2% | 4% | End-of-day trailing | 90% |
| $50K | 1-StepAdvanced | $209/mo | 8% | — | 3.5% | End-of-day trailing | 90% |
| $50K | InstantDirect | $519 | None | 2% | 4% | End-of-day trailing | 90% |
| $100K | 1-StepStandard | $239/mo | 6% | 2% | 3% | End-of-day trailing | 90% |
| $100K | 1-StepZero | $279/mo | 6% | 2% | 3% | End-of-day trailing | 90% |
| $100K | 1-StepAdvanced | $349/mo | 8% | — | 3.5% | End-of-day trailing | 90% |
| $100K | InstantDirect | $689 | None | 2% | 3% | End-of-day trailing | 90% |
Showing 10 of 13 accounts.
Alpha Futures rules
- Daily loss limit
- 2%
- Maximum loss
- 3–4%
- Drawdown model
- End-of-day trailing
- Profit target (phase 1)
- 6–8%
- Minimum trading days
- 1–3
- Consistency rule
- None on 23% of accounts
- Profit split
- 90%
- Payout frequency
- from weekly
- Payout threshold
- $200–$1,000
- Four account types: Zero, Standard and Advanced (single-stage evaluation billed monthly until passed, then a qualified account with no monthly fee) and Direct (one-time fee, straight to a qualified account).
- Evaluation minimum trading days: Zero 1, Standard 2, Advanced 3; no stated time limit (the subscription simply rebills monthly).
- Maximum Loss Limit (MLL) on every account is end-of-day trailing, based on the closing balance high (not intraday equity); it stops trailing once it reaches the starting balance. Account fails if the balance touches the MLL.
- Daily Loss Guard (soft breach, locks trading until the next session, does not fail the account): Zero eval and qualified 2%; Standard qualified 2% (none in Standard eval); Direct 2%; Advanced has none.
- Consistency: Standard eval 50%, Advanced eval 40%, Zero eval none; Zero/Standard qualified 40% and Direct 20% of profit since last payout request (only blocks payouts); Advanced qualified none.
- Scaling plan (contract limits grow with profit) on Zero 50K/100K and Standard qualified accounts; none on Advanced or Direct.
- All positions must be flat by 4:20 PM ET daily; no overnight or weekend holding.
- News: free in evaluations and on Advanced qualified; Zero/Standard/Direct qualified may not trade 2 minutes before/after red-folder news (first offence voids profits from the window, repeat offence breaches).
- Prohibited: fully automated/AI/bot trading and HFT (100+ trades/day), hedging across or within accounts (e.g. long NQ/short MNQ), tick scalping (<10 ticks and <2 minutes), order-book spamming, group trading, VPN use. Semi-automated signals with manual execution are allowed.
- Copy trading allowed only between accounts owned by the same person.
- Account limits: up to 5 qualified Zero/Standard/Direct accounts (3 if an Advanced qualified account is held), stated maximum $750K simulated capital.
- At least one trade every 10 trading days or the account is archived.
- Evaluation resets available any time (do not change rebill date); Zero/Standard qualified resets ($399-$999) usable twice per account if no payout has been requested yet.
Alpha Futures rules explained: every account, drawdown model, permissions and payout rules →
Payouts and payments
- 90% profit split on all qualified accounts; up to 50% of account profit can be withdrawn per request, the rest stays as buffer.
- Zero, Standard, Advanced: request after every 5 winning days (+$200 or more each), up to 4 requests per month.
- Direct: no winning-day requirement; must hit a withdrawal profit target (6% of size first, then 4% of new profit each time) and the 20% consistency rule.
- Per-request limits: Zero $200 min / $1,000-$2,500 max; Standard $500 min / $3,000-$5,000 max; Advanced $1,000 min / $15,000 max; Direct $500 min / $1,000-$3,000 max.
- Processing: homepage says within 48 business hours; How It Works page says within five business days.
- Payout methods: ACH (US), wire, SWIFT, Wise, Rise; paid in USD.
- The MLL is not reset by a withdrawal.
- Strong qualified traders (e.g. 5 payouts on one account) may be invited to Alpha Futures Live (80% split, uncapped daily withdrawals) or Alpha Prime (60% split plus salary and support).
- KYC (Veriff) and a signed contract are required before the qualified account is issued.
Pay for a challenge
Receive payouts
Payout cycle
Requests from weekly; split up to 90%.
Verified payout data from traders will appear here once our payout tracker launches.
Where Alpha Futures is available
Alpha Futures restricts 61 countries. Of the 20 markets we cover in detail, it accepts traders from 13 and blocks Nigeria, Pakistan, Kenya, Malaysia, Philippines, Vietnam, Turkey.
Nigeria ✕
Pakistan ✕
Kenya ✕
Malaysia ✕
Philippines ✕
Vietnam ✕
Turkey ✕All restricted countries (61)
Afghanistan
Albania
Belarus
Bosnia and Herzegovina
Bulgaria
Burkina Faso
Myanmar
Chad
China
Côte d'Ivoire
Croatia
Cuba
Democratic Republic of the Congo
Djibouti
East Timor
Ethiopia
Guinea-Bissau
Haiti
Iran
Iraq
Jamaica
JordanKenya
Kosovo
Kyrgyzstan
Laos
Lebanon
Lesotho
Libya
MalawiMalaysia
Mali
Montenegro
Mozambique
NamibiaNigeria
North Korea
North MacedoniaNorthern Cyprus
PalestinePakistanPhilippines
Romania
Russia
Rwanda
Senegal
Serbia
Sierra Leone
Slovenia
Somalia
South Sudan
Sudan
Syria
Tajikistan
TanzaniaTurkey
Ukraine
VenezuelaVietnam
Yemen
ZimbabwePlatforms and markets
Platforms
Markets
Simulated trading on CME Group futures (CME, CBOT, NYMEX, COMEX): equity indices, currencies, energy, metals, agriculture, interest rates and micro Bitcoin/Ether (MBT/MET count as full-size contracts). Trading 6 PM-5 PM ET; all positions closed by 4:20 PM ET.
What traders say about Alpha Futures: real reviews and rating
- Replies to negative reviews
- 79.6% of 568
- Average reply time
- 15.9 days
- Profile claimed
- Jul 2024
- Invites customers to review
- Yes
86% of Alpha Futures's Trustpilot reviews are 5-star and 9% are 1-star. A low share of 1-star reviews compared with most prop firms. The company invites customers to leave reviews, which tends to lift the share of 5-star ratings. Trustpilot labels this category as high-risk investment, a generic notice shown on trading-related companies.
Snapshot of the public Trustpilot page on 2026-09-29. We show ratings only, not review texts. Verified reviews from traders on this site are coming soon.
Pros and cons
Pros
- Profit split up to 90%
- Weekly payout requests
- 5 platforms incl. AlphaTrader and TradingView
Cons
- No static-drawdown accounts
- Monthly subscription pricing
- Restricts 61 countries
Trader reviews
No verified reviews yet. Reviews on this site require proof of purchase or payout. Submit yours.
How we reviewed Alpha Futures
We researched Alpha Futures by hand from its own pricing pages, terms and public records; every source is listed below. Trader ratings come from a public Trustpilot snapshot taken on September 29, 2026. Scores are calculated with the formula on our methodology page; affiliate commissions do not change them.
Alpha Futures FAQ
Is Alpha Futures legit?
Alpha Futures is operated by Alpha Futures Limited (England and Wales, United Kingdom) and has been selling challenges for about 2 years. It is rated 4.4/5 on Trustpilot from 6,025 reviews. We found no public warnings about it.
Does Alpha Futures pay out, and how fast?
Alpha Futures's rules allow payout requests weekly on its fastest accounts, with a profit split of up to 90% and a minimum payout from $200. Payout methods: ACH (US bank), Wire transfer, SWIFT and Wise. We do not verify individual payouts; the trader reviews section shows what customers report.
Who owns Alpha Futures?
The company behind Alpha Futures is Alpha Futures Limited, registered in England and Wales, United Kingdom. Its CEO is George Kohler (Managing Director & Founder).
Can US traders use Alpha Futures?
Yes. The United States is not on Alpha Futures's restricted-country list in our data.
How much is a $50K account at Alpha Futures?
$129/month for the 1-Step and $519 for the Instant, at list price without promo codes.
What is the daily loss limit at Alpha Futures?
2% of the account; the maximum loss is 3–4% (end-of-day trailing).
Does Alpha Futures have a consistency rule?
Yes, on 13 of its 13 accounts: the best day may not exceed 20–50% of total profit.
Sources
This dossier was researched from the firm's own pages and public records on September 29, 2026:
- alpha-futures.com/: Plan cards for all plans and sizes: prices, targets, MLL, Daily Loss Guard, min days, contract limits, payout caps, $750K max allocation, APP50 promo, 48-business-hour processing claim
- alpha-futures.com/how-it-works: Minimum trading days per plan, payout eligibility, 5-business-day processing statement, Daily Loss Guard by plan
- alpha-futures.com/about-us: Founders/leadership, Q3 2023 founding claim, Alpha Group relationship
- alpha-futures.com/terms-and-conditions: Legal entity, registration number, address, governing law, payment gateways, 18+ requirement
- alpha-futures.com/assets: Tradable products and asset classes
- alpha-futures.com/contact-us: Support channels
- alpha-futures.com/alpha-trader: APP50 promo and AlphaTrader app
- alpha-futures.com/posts/alpha-futures-plans-compared-zero-vs-advanced-: Current plan line-up (Zero, Standard, Advanced, Direct); Premium discontinued July 2026
- help.alpha-futures.com/en/articles/11771813-zero-account-overview: Zero plan parameters
- help.alpha-futures.com/en/articles/11632512-standard-account-overview: Standard plan parameters and reset fees
- help.alpha-futures.com/en/articles/11634907-advanced-account-overview: Advanced plan parameters and reset fees
- help.alpha-futures.com/en/articles/15838742-direct-account-overview: Direct plan parameters, withdrawal profit targets
Data last checked September 29, 2026. Source: the firm's official website, terms and help centre, Trustpilot and company registers. Found an error? Tell us.