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Price Limit Trading

Price Limit Trading At Alpha Futures, we prioritize protecting our traders from high volatility and hazardous market conditions. To achieve this, we enforce strict guidelines to prevent trading when a product is within 2% of a CME price limit. This policy ensures our traders are not exposed to extreme market fluctuations that could lead to significant losses, or run the risk of their trades being open while markets are halted.   A price limit is the maximum price range permitted for a futures contract in each trading session. When markets hit the price limit, different actions occur depending on the product being traded. Markets may temporarily halt until price limits can be expanded, remain in a limit condition, or stop trading for the day based on regulatory rules.   This prohibited conduct is enforced on ALL Alpha Futures Accounts, not just Evaluations.   How do I know what the CME Price Limits are for the contracts I trade? Price limits are calculated based on the end-of-day settlement price and vary by product, contract month, and time of day (i.e., overnight price limits differ from the price limits used during business hours).   The price limits are updated at 5:05 PM EST after each trading session and can be found on the CME Price Limits page.​ Equity Products ES, MES, NQ, MNQ, RTY, M2K, YM, and MYM overnight price limits are 7%.   One of the most effective ways to ensure you are not trading within 2% of any price limit is to monitor the % Net Change for the contract you are participating in via your trading platform’s quote board.   For example, if you are trading one of the assets above or any other with a price limit up or down of 7%, it would be time to stop trading if that asset reach a 5% net gain or loss on the day, because any larger net change would be within 2% of a Price Limit.     How to find the % Net Change for the contract I am trading? Your trading platform’s quote board/radar screen not only displays the “Net Change” on the day as prices move but can also display “Net Change” as a percentage or “% Net Change.” If the “% Net Change” is not currently displayed on your quote board, simply add that column to display how close your product is to the price limit.   Example:   In this picture taken on August 4th, 2024 directly on CME Price Limits Page we see that the reference price is 18,556.00 and the 7% limit is up and down are said to be 19846.75 and 17265.25. So, for the 2% price limit rule calculation is done on these premises. ​   Stop trading when market priced above: 18556 x (1 + 0.07 – 0.02) = 19483 (+5%)   Stop trading when market priced below: 18556 x (1 – 0.07 + 0.02) = 17628 (-5%)   Why is this Prohibited Conduct at Alpha Futures? To protect our firm and our traders, we do not allow market participation when a product is trading within 2% of a price limit. This could run the risk of an order being filled then getting “trapped” in a halt. This prohibited conduct is enforced on all Alpha Futures Accounts.   Moreover, all speculators assuming risk in a market should have intimate knowledge of that market. It is crucial to be aware of the contract specifications and price limits for any product you trade.   For more information about your favorite products, please reference the CME Group website. Click on your product from the home page for detailed information.   This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord

Activating your Qualified Account

Activating your Qualified Account You just passed your evaluation, now what? ​Your account will be closed after reaching your Profit Target. ​There are 3 steps you need to take to activate your Qualified Account and start earning performance fees. ​​1.) Complete KYC. This is in your Dashboard in the Profile section. We recommend this be done DURING or BEFORE your Evaluation since our Compliance Team needs to manually approve. ​ Follow the Veriff Prompts and upload required documents.   2.) Sign the contract in your dashboard. This is between the Qualified Trader and Alpha Futures. ​​3.) Pay the Activation Fee.​You will receive your Qualified Account in 24 hours or less after these steps are completed! This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord

Completing KYC

Completing KYC Before we issue any Qualified Trader Account or process Performance Fees, we require you to verify your identity and pass our KYC screening. Here is what is you need to know   Required Documents for KYC Verification Government issued ID: Upon successful completion of the assessment, you must submit a valid form of ID, such as a driver’s license, passport or ID card. (Please note that we DO NOT accept paper forms of Identification or any type of permit.   Selfie: After uploading the documents, you’ll be required to take a selfie for facial matching.   Please Note​During the KYC process, it is mandatory that the account holder personally completes the KYC requirements. This ensures that we stay compliant with our security protocols. Any attempt to circumvent this requirement will be considered a breach of our terms and conditions.   The use of VPS/VPN during the KYC process is not permitted. The usage of one of these devices can lead to account closure.​Allow the Compliance team 24 hours to review your KYC submission. We recommend you complete it at or before first purchase with us, so you don’t face any delays receiving your Qualified Account.     KYC Screening Support Should you encounter any challenges during the KYC screening process, please do not hesitate to contact our Support Team for assistance. You can reach us via email at [email protected] or engage with us through our Discord and Live Chat platforms to facilitate the verification procedure.   Please remember that if you are unable to pass the screening then you will not be eligible for the Qualified Trader account and instead be issued a full refund for your Evaluation. This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord

Affiliate Program

Affiliate Program The Affiliate Program at Alpha Futures is one of the best in industry. Recurring 15% commission on all subscriptions that are purchased through your link, and recurring as long as those subscriptions stay live. Affiliates will also receive a 15% commission on resets from accounts that have signed up with their link. The number of commissions you may earn is uncapped!   You may create your unique link in the “Affiliate” section of your dashboard and begin sharing it on socials.   Your link and code will default to 15% off for customers, but customers will have access to whatever promo is actively running so you don’t have to compete for the best discount in order to make conversions.   You may request Affiliate payouts from your dashboard whenever you would like. Limit one Affiliate payout request per day. Requests will be processed within 48 hours.   You MAY NOT run ads with your affiliate link or pose as a staff member/employee of Alpha Futures. This will result in you no longer being an affiliate with us. This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord

Getting Started with AlphaTicks

Getting Started with AlphaTicks Let’s walk through how to access your AlphaTicks account and start trading. AlphaTicks is a web based platform developed by the Sim2Funded team. This platform is designed with futures prop traders in mind specifically. First step: login to your Dashboard. You can open AlphaTicks here, or go to Account Metrics in your Dashboard and push the button “Launch AlphaTicks” Next Step: Signing Into AlphaTicks Username: email you signed up with Password: master password from your Dashboard (shown below) Final Steps: Start Trading! Check out these videos below for a walk through the platform! https://youtu.be/kLWrxSUXKBc?si=Vejj_i4AFp9NNN8Yhttps://youtu.be/5l3LRKfk4BY?si=KOUtOHHwgYXMU1YAhttps://youtu.be/uffDEf15obE?si=Us7Vz5BlKRJXdwIR This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord

Countries with Limitations

Countries with Limitations Alpha Futures is available in more than 150 countries however we do have some limitations to countries that we can not provide our services to.​To be able to trade with us, you need BOTH a residency & citizenship from a non-restricted country (they do not have to be the same country, but they do need to both be unrestricted). ​List of restricted countries below: Afghanistan Albania Belarus Bosnia and Herzegovina Bulgaria Burkina Faso (Upper Volta) Burma/Myanmar Croatia Cuba Democratic Republic of Congo Ethiopia Haiti Iran Iraq Jamaica Kenya Kosovo Lebanon Libya Malaysia Mali Montenegro Mozambique Namibia Nigeria North Korea North Macedonia Pakistan Philippines Romania Russia Senegal Serbia Slovenia Somalia South Africa South Sudan Sudan and Darfur Syria Tanzania Turkey Ukraine Venezuela Vietnam Yemen Zimbabwe         This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord

Prohibited Trading Practices

Prohibited Trading Practices Certain trading practices can exploit the simulated environment, but lose when transferred to live markets. We intend to maintain the integrity of our simulated markets here at Alpha Futures. A small subset of traders, either inadvertently or with the intent to manipulate the system, engage in these practices, which are strictly prohibited at Alpha Futures. We are committed to creating a sustainable and fair trading environment for all here at Alpha Futures, in which traders can build their skills and learn to become profitable.   Can I automate my trading? Alpha Futures enforces the following guidelines on automation to maintain a fair and transparent trading environment: Alpha Futures restricts the use of automated systems designed for high-frequency trading (HFT), particularly those resulting in over 100 trades per day. The use of AI, bots, and other automated trading mechanisms is strictly prohibited across all account types. Semi-Automated Trading is permissible under the condition that traders actively monitor, manually manage, and understand the system and semi-automation’s purpose. Any form of hands-off, continuous day and night trading, or any other type of full automation is strictly forbidden. What is the prohibited conduct when executing my trades? Alpha Futures emphasizes ethical trading practices and order management to ensure a stable and reliable trading environment:​ At Alpha Futures, we are looking for traders to develop and practice strategies that can eventually translate to a live trading environment. Some of these practices that do not represent this goal would be: “Tick or Micro Scalping” (trades less than 10 ticks) Consistently just opening and closing positions less than 2 minutes to make profits without any plan. There is no “must hold past X minutes” rule, and we understand that market volatility takes over sometimes. This is only an issue when it is a large sum of the trader’s profit. Taking max leverage positions then quickly closing with a favorable fill is taking advantage of the sim environment. Exploiting the absence of slippage and utilizing tight brackets to gain from favorable fills are not permitted. Simultaneously placing multiple limit orders at the same price to manipulate order fills is prohibited. Gambling tendencies or “account rolling” meaning taking max leverage positions with no plan, no stop loss, and hitting max loss on the account then buying more accounts and repeating the process until a trade hits. “Reverse Trading”, meaning going short on one account, and long on the other is strictly prohibited at Evaluation and Qualified Phase. Initiating trades to profit from isolated fills in gapped or illiquid markets is not allowed. All trading activities must adhere to CME Group’s rules and regulations. Collaborating with others to execute identical or opposite strategies across unconnected accounts is prohibited. Also referred to as “Group Trading”. What happens if I violate any of these? Alpha Futures holds the right to enforce strict consequences in the event of policy violation: Alpha Futures reserves the right to terminate agreements immediately in the event of any breach by the trader. Profits generated from prohibited trading practices will be void. All passed Evaluations are subject to review, and traders found guilty of policy ignorance or abuse will not advance to the Qualified phase. This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord

Max Allocation

Max Allocation Maximum Allocation is 3 Qualified Accounts per user up to $450k since our largest account is $150k.   There is no maximum amount of Evaluations you may have at once, but you may only have 3 Qualified Accounts at one time. This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord

Activation Fee

Activation Fee Alpha Futures Qualified Traders pay a one time activation fee of $149 per Qualified Account.​ The Activation Fee must be paid within 30 days after passing the Evaluation in order to receive access to a Qualified Account.   After paying the Activation Fee, the Qualified Trader will receive access to their account in 1-2 business days.   This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord

Reset

Reset A Reset allows you to return your trading account to the default settings. This includes starting Account Balance, Maximum Loss Limit, and Trading Days.   Traders may purchase a Reset at any point during their subscription; unlimited amount of uses. You can purchase Resets directly on your dashboard.   Reset Fees are the same price as your Monthly Evaluation Fee, so they differ based on account size. Resets DO NOT affect your monthly rebill date. This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord

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Website Disclaimer: 

Alpha Futures Risk Disclosure:
Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing your financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure:
Hypothetical performance results have many significant performance and other limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown on the website or any promotional material.
CFTC Rule 4.41:
Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success. No representation is being made that any evaluation account will achieve profit or losses similar to those shown here.