Alpha Futures is a UK-based futures prop firm operated by Alpha Futures Limited (Companies House #15655643, incorporated April 2024) and part of the Alpha Group, alongside forex firm Alpha Capital Group and FSA-regulated broker ACG Markets. Founded by CEO George Kohler, it runs a one-step evaluation across three programs — Zero, Premium, and Advanced — that share an end-of-day (EOD) trailing Maximum Loss Limit which trails up to your starting balance and then locks, a 90/10 performance split, and performance fees processed in 48 business hours or less. The firm reports 175,000+ Qualified Analysts across 140+ countries, $70M in performance fees paid, and a 4.9/5 Trustpilot rating from 17,000+ reviews, with simulated funding up to $750K.
Alpha Futures is best for traders who want flexibility. The Premium path removes the Daily Loss Guard entirely — in both evaluation and the qualified account — the closest thing to unrestricted prop trading in the futures space. Advanced lets experienced traders trade full position size from day one — no scaling plan — with the firm’s highest payout cap. Zero is the lowest-cost entry, with a Daily Loss Guard on every size and capped performance fees ($1,000–$2,500).
The 30-second verdict
Want the cheapest entry? Go Zero (from $79/mo, no activation fee — but performance fees are capped at $1,000–$2,500 and Zero Qualified accounts can’t trade within 2 minutes of high-impact news). Want the most rule freedom? Go Premium (no Daily Loss Guard, no consistency rule once qualified, $6,000 max payout, dual Standard/No-Activation pricing). Want the highest payouts and full position size from day one? Go Advanced (no scaling plan, $15,000 max payout, $149 activation). All three are one-step evaluations sharing EOD trailing drawdown and a 90/10 split.
Our scoring breakdown
Alpha Futures scored exceptionally well across our six evaluation criteria, with payout speed, profit split, and platforms leading the way.
Tradovate
TradingView
NinjaTrader
Quantower
WealthCharts
Deepchart
- Industry-leading 90% / 10% profit split across all account types
- Payouts typically processed in ~48 business hours after approval
- End-of-day trailing drawdown across all accounts
- $100 drawdown lock — once locked, it stays put
- Up to 5 funded accounts per trader
- Three one-step programs: Zero, Premium, and Advanced
- News trading and copy trading both allowed
- All trading platforms included free (6-platform ecosystem)
- Fast payouts with a ~4.9-star trader rating
- Path to Alpha Prime after $40K payable or 5 payout cycles
- Advanced has no resets — breach = dead account
- 50% eval consistency on Premium & Advanced; Zero has none in eval but a 40% rule once qualified
- Zero carries a daily loss limit from $50K and up
- Hedging strategies not permitted
- No refunds on account purchases
Alpha Futures vs. its closest competitors
How Alpha Futures stacks up against Topstep and Tradeify — the two firms we most often recommend alongside it.
| Metric | Alpha Futures | Topstep | Tradeify |
|---|---|---|---|
| $50K Eval Fee | $140$70 | $165$85 | $145$87 |
| Profit Split | 90% / 10% | 90% / 10% | 90% / 10% |
| Days to Payout | 5 winning days | 5 winning days | 5 winning days |
| Drawdown Type | EOD Trailing | EOD Trailing | EOD Trailing |
| Max Funded Accounts | 5 | 5 | 5 |
| Max Payout / Cycle | $15,000 | — | — |
| CPF Score | 4.9 | 4.8 | 5.0 |
💡 Bottom line: Alpha Futures wins on its $15K payout cap and 90% split; Tradeify wins on payout speed and instant funding; Topstep wins on brand recognition. All three are top-tier — your pick depends on which dimension matters most.
- 1-step evaluation
- Pass in as little as 1 day
- No consistency rule during eval
- Path to Alpha Prime
- Performance fees in ≤48 business hours
- Traders new to prop firms
- Those who want lowest entry cost
- Traders who prefer a DLL safety net
- Traders who want uncapped payouts (use Premium/Advanced)
- News traders (Zero Qualified blocks ±2 min)
- High-frequency scalpers
Alpha Futures is the rare prop firm that lives up to its marketing. Across Zero, Premium, and Advanced, payouts arrived in 48 business hours or less of approval. That's not normal. Most firms in this space promise fast payouts and deliver slow ones. Alpha Futures reverses the pattern, and it backs it with end-of-day trailing drawdown so a single intraday spike can't end your account.
Zero Accounts: where most traders should start
Their Zero Accounts are designed for traders who want to scale gradually. The 1-step evaluation can be passed in as little as one trading day, with no consistency rule during the evaluation phase. This is among the most permissive eval structures in the industry. The Daily Loss Guard prevents catastrophic losses while you're learning the firm's rhythm. For traders new to prop firms, this is a much gentler on-ramp than Topstep's Trading Combine.
Premium: the standout for funded traders
For my own trading, I run Premium. The no-Daily-Loss-Guard qualified environment changes how you can manage positions through news, gap openings, and volatile sessions. It's the closest thing to trading without a safety net — which sounds scarier than it is, because you still have the EOD trailing Maximum Loss Limit underneath you at all times. The 50% consistency rule during evaluation disappears entirely once you're qualified.
Advanced: highest payouts, full size
For experienced traders, Advanced is the standout. It's still a one-step evaluation, but you trade full position size from day one (no scaling plan) and it carries the firm's highest payout cap at $15,000 per cycle. The trade-offs: a one-time $149 activation fee, and once qualified there are no resets — a breached account is a dead account, and you purchase again at full price.
Where Alpha Futures isn't perfect
Cost and rigidity are the main friction points. Premium (Standard) and Advanced carry a one-time $149 activation fee, and once qualified there are no resets, so a breach ends the account. Hedging is not permitted, which closes off some strategies other firms allow. And there's no refund policy — if you change your mind after purchase, you're stuck with the account.
But for the typical futures trader — someone who wants to pass an evaluation once, get funded, and start collecting consistent payouts — Alpha Futures is the most direct route there is. Its combination of competitive pricing, market-leading split, and a payout track record that actually delivers is hard to beat.
What you need to know
Four key rules that govern how eligibility works in practice.
How fast does Alpha Futures actually pay out?
Payouts are processed quickly — typically in 48 business hours or less after approval. All funded accounts run a 90/10 profit split. Exact timing can vary with your payment provider (Alpha Futures uses providers such as Rise and Plane).
What's the difference between Zero, Premium, and Advanced?
Zero is a one-step evaluation with a Daily Loss Guard and the lowest entry cost, but capped payouts ($1,000–$2,500). Premium is a one-step evaluation with no Daily Loss Guard and no consistency rule once qualified (50% applies during the evaluation only), capped at $6,000. Advanced is a one-step evaluation with full position size from day one (no scaling plan) and the highest cap at $15,000; it carries a $149 activation fee.
What's the consistency rule and how does it work?
The consistency rule limits how much of your total profit can come from a single trading day. A 50% rule applies during the evaluation on Premium and Advanced; Zero has no eval consistency and can be passed in a single day. Once qualified, Premium and Advanced have no consistency rule, while Zero applies a 40% consistency rule on qualified accounts.
What platforms does Alpha Futures support?
All platforms are included free: WealthCharts, Deepchart (by Volumetrica Trading), Quantower, NinjaTrader, and Tradovate (TradingView is available via Tradovate).
Can I trade news events on Alpha Futures?
Yes on Premium and Advanced, which carry no news-trading restriction. On Zero Qualified accounts you cannot enter trades within 2 minutes before or after a tier-one (high-impact) news event; there is no restriction during the Zero evaluation. Scaling/DCA and copy trading are allowed; full automation (bots, EAs, AI) is not — only semi-automated trading with manual execution. Hedging is prohibited on all account types (and by CME rules on live accounts).
Can I hold positions overnight or over the weekend?
No. Overnight and weekend holding is not permitted on any Alpha Futures account, regardless of program. All positions must be closed by 4:45 PM EST each trading day.
How many funded accounts can I have?
Up to 5 funded accounts per trader, with a combined maximum balance of $750,000. You can mix and match across Zero, Premium, and Advanced. Each account is treated independently for drawdown, daily loss limits, and consistency calculations.
What happens if I breach my account?
For Zero and Premium accounts, resets are available — you can purchase a reset to continue. Advanced accounts have no resets. A breached Advanced account is permanently dead and you'd need to purchase a new one at full price.
Is Alpha Futures legit?
Yes. Alpha Futures (Alpha Futures Limited) is a UK-based futures prop firm founded by George Kohler in 2024. It has quickly built a strong reputation for EOD trailing drawdown and fast (48-business-hour) payouts, with a 4.9/5 trader rating across 17,000+ reviews.