FAQ – Alpha-Futures

Our Trading Evaluation is meant to help traders build their skills and habits as they hope to gain funding opportunities. Those that pass will become Alpha Futures Qualified Traders.

In order to take a Trading Evaluation, a monthly subscription is required. Evaluations may be reset at any time.

In order to pass, the trader must reach and maintain the profit target. The Profit Target is 6% on all account sizes.

There is only one way to fail on Evaluation Accounts, do not allow the Account Balance to hit or exceed the Maximum Loss Limit. Check this link here for more information on how the Maximum Loss Limit is calculated, but MLL is 4% on all Evaluation Accounts.

No Daily Loss Limit on Evaluation Accounts.

All trades must be closed before 4:59 ET each day on both Evaluation and Qualified Accounts. Our system will automatically close them for you if you forget, but we recommend the trader closes themselves so they are aware of their P&L.

See the differences below between Evaluation and Qualified Trader Accounts below:

	Evaluation	Qualified Trader
Minimum Trading Days	None	None
Profit Target	6%	None
Maximum Position Size	5 contracts/50k (50 micros)	Scaling Plan to 5 contracts/50k
Maximum Loss Limit	4%	4%
Profit Split	None	Up to 90%
Resets	Unlimited, same as monthly fee	None
Daily Loss Guard	None	2%. This is NOT a fail, it just locks your account for the day. We do not want to see our Qualified Traders lose their accounts in one day
Consistency Rule	50% One trading day cannot amount to more than 50% of your overall profit before payout request. This is tracked on your dashboard.	40% One trading day cannot amount to more than 40% of your overall profit before payout request. This is tracked on your dashboard.
Max Allocation	No limit	$450k

The main differences between Evaluation Accounts and Qualified Accounts will be Daily Loss Guard, Scaling Plan, Consistency Rule, and of course the ability to be paid out. We are looking to fund consistent, disciplined traders, not gamblers.

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

What are the Trading Hours?

Trading hours are 6PM EST to 5PM EST the next day in Futures. For example, the E-Mini S&P 500 Futures (ES) open Sunday night at 6PM EST, the daily candle then closes at 5PM EST on Monday. They are not open from Friday 5PM EST until Sunday at 6PM EST.

You may begin trading at 6PM EST to start a new trading day, but all trades must be closed before 4:59PM EST every day. We will close the trades for you if you forget, but we recommend the trader closes themselves so they know their P&L in real time.

What Products Can I Trade?

The CME Group Products are available to trade here at Alpha Futures. CME Group is made up of 4 major exchanges Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), and Commodity Exchange Inc (COMEX).

See Permitted Products and Fees below. We offer commission free trading on AlphaTicks, but there are regulatory fees.

Permitted-Products-Alpha-Futures.pdf

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”

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.

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!

Your Monthly Evaluation Fee will rebill monthly from the sign-up date until you pass. The Evaluation subscription automatically ends once you pass.

Monthly Evaluation Fee by account sizes:

50k Standard Evaluation $79/month, Advanced Evaluation $139/month

100k Standard Evaluation $159/month, Advanced Evaluation $279/month

150k Standard Evaluation $239/month, Advanced Evaluation $419/month

Qualified Traders do not pay a monthly subscription, only a one time Activation Fee for their account.

What happens to my subscription if I fail my Evaluation?

Your subscription will rebill the same day each month until you pass your Evaluation or cancel. You can cancel your subscription in the Billing section of your dashboard. After rebill, your failed Evaluation Account will be reset and you will receive a fresh account with the original starting balance so you may try again.

If your Evaluation Account is in profit however on rebill date, the balance of the account will be carried over to the new account to not erase any of the progress you made on your Evaluation. Your Consistency Rule will reset however on the new account.

If you do not want to wait for the rebill date to try again, you may purchase a Reset or another Evaluation, but this does not affect your current rebill date.

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.

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.

The Maximum Loss Limit (MLL) is a trailing drawdown set at 4% of all account sizes here at Alpha Futures. This allows traders to pick whichever account size they please without having to change their style. Most of the industry operates with a 3% MLL on accounts larger than $50k.

How is it calculated?

The Maximum Loss Limit is calculated from your account balance high at the end of each trading day, not intraday equity high like many others out there. See the example below to understand.

You start with a $50k account, your starting MLL will be $48,000 ($2,000 or 4%).

If you make $500 on the first trading day in the $50K account, your account balance will be $50,500, which will make your Maximum Loss Limit $48,500 ($2,000 from the account balance high).

If you lose $500 the next day, your account balance would go back to $50,000, but your MLL will remain $48,500. This MLL will not go below $48,500 for the remainder of that account lifespan.

Once the Maximum Loss Limit reaches the initial starting balance, it won’t continue to trail. Meaning, if your EOD balance reaches $52,000 (+4%) your MLL will now be $50,000 and remain there for the account lifespan.

You can monitor your MLL on your dashboard.

The Daily Loss Limit also referred to as the Daily Loss Guard is a soft breach rule on Qualified Accounts only. If you hit the Daily Loss Guard, you do not lose your Qualified Account, but your account will be locked until the next trading day (6PM ET).

The Daily Loss Guard is 2% of account balance on all of our account sizes. If your open or closed (unrealized or realized) P&L at any point reaches -2% during the trading day, all open positions will be flattened, any pending orders will be canceled, and your account will be prevented from placing any new trades until the start of the next trading day.

This is in place because we don’t want to see our Qualified Traders losing their accounts in one day. We want to help them build consistency and discipline.

The Daily Loss Guard is based on each trading day’s P&L, which includes simulated commissions, fees, and both unrealized and realized trade P&L.

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.
Read More

We are firm believers here at Alpha Futures in “earn your large positions”. There is a time and place to size up as a trader, no doubt, but you should only begin doing it once you have built up some profit on your account. The Scaling Plan ensures you do not over leverage the account, and increase your buying power as the account grows.

Evaluations
The Consistency Rule on Evaluations is 50%. This means that during your Evaluation, profits from one single trading day cannot be larger than 50% of your total profits made.

You will not pass your Evaluation until this rule is satisfied. Your largest day cannot be more than half of your total profit.

While we don't recommend trying to pass your Evaluation as fast as possible. Below are the largest/best day amounts to be able to satisfy the 50% rule as quickly as 2 days.
Account Size
Profit Target
Recommended Best/Largest Day
50k
$3,000
$1,500 or less
100k
$6,000
$3,000 or less
150k
$9,000
$4,500 or less

Qualified Accounts
There is a 40% Consistency Rule on Qualified Accounts however.

The 40% Consistency Rule means that during the simulated funded stage, profits from one single trading day cannot be greater than or equal to 40% of total profits made.

You will not be eligible for a payout if any of your trading day profits are greater than 40% of total profits made. This value will always be visible in your dashboard, and your payout button/feature will not be available until this rule is satisfied.

This rule resets in between each successful withdrawal request.

If you make more than 40% in a single day, your account will NOT be breached, but you will need to continue to trade and make more profit until the rule is satisfied.

The equation is as follows: biggest day/total profit = 40%

Read More

Maximum Allocation on 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.

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.
Read More

Alpha Futures payout policy is extremely straight forward; follow the rules and you will be paid out. No additional hoops to jump through or hidden denials. Make sure to review our News Trading Policy.

There are no limits or thresholds that must be met for withdrawals, but we reward consistency. Traders can earn up to a 90% profit split with a tiered system:

payouts 1 and 2: 70% profit split

payouts 3 and 4: 80% profit split

payouts 5+: 90%

The minimum payout request is $200.

Traders may request payouts from their dashboard every 14 days from the first trade placed on their Qualified Account as long as the 40% Consistency Rule is satisfied. Payouts will be processed in 48 hours or less.

Realize your withdrawals contribute towards your Maximum Loss Limit. For example, let’s say you have grown your $50k account to $55,000, your MLL is $50,000. If you want to, you may withdraw all $5,000 of your profit and receive $3,500-4,500 (70-90%) depending on which tier you fall in above.

However, your account balance will now be $50,000 which would breach MLL and effectively close your account.

We encourage traders to focus on longevity and pay themselves as they profit, rather than trying to catch one big day or week then close out the account.

There are no news trading restrictions for Evaluation Accounts. There are however for Qualified Accounts.

You may hold through news releases following your trading plan, but no orders may be executed within 2 minutes before or after high impact news events.

Here at Alpha Futures we refer to the Economic Calendar in your Trader Hub on our platform, AlphaTicks. Anything with a red icon is considered high impact and this rule applies.

If you are on another platform, this Calendar is pulled from Financial Juice.

High Impact Events will be marked directly on the chart of the asset they affect. For example, the UK GDP will obviously affect /6B and it will be marked on the chart as shown below.

This event would not affect /ES however, and there would be no indication on the chart.

Speeches

You will notice speeches are indicated by a blue dot on Financial Juice. The blue DOES NOT indicate impact on Financial Juice, this simply means there is a live stream/live updates available for the event.

The high impact speeches will be marked directly on the chart of the assets they affect, just like other High Impact Events. The 4 minute window only applies to the start time listed of the speech event, not its entirety.

If you violate this policy, your profits on the trade within the 4 minute window will be void, your payout will be denied, and you will have to wait until the next payout date to request again. We understand people make mistakes, and a few times violating this rule will be treated as honest accidents, but if the team starts to recognize a pattern with a trader purposely not following this policy, Alpha Futures reserves the right to close the account.

The Affiliate Program at Alpha Futures is one of the best in industry. Recurring 15% commission on subscriptions purchased through your link or use your code for their first purchase, 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.

What can the Alpha
Futures support team help you with today?

What can the Alpha Futures support team help you with today?

Popular Articles

Alpha Futures Evaluation & Qualified Trader Overview

Maximum Loss Limit (MLL)

Daily Loss Guard

Payout Policy

Scaling Plan

Consistency Rule

Didn't find what you were looking for?

FAQs

What are the Trading Hours?

What Products Can I Trade?

Required Documents for KYC Verification

KYC Screening Support

What happens to my subscription if I fail my Evaluation?

How is it calculated?

Can I automate my trading?

What is the prohibited conduct when executing my trades?

What happens if I violate any of these?

Evaluations

Qualified Accounts

How do I know what the CME Price Limits are for the contracts I trade?

How to find the % Net Change for the contract I am trading?

Why is this Prohibited Conduct at Alpha Futures?

Speeches

This Is Your Chance To Trade Among The Elite

This Is Your Chance To Trade Among The Elite

Mon – Fri: 8am – 8pm (GMT)
[email protected]

10 Lower Thames Street, Billingsgate London, England, EC3R 6AF

Quick Links

Register your Email below to receive updates, trading information and offers

Account Size	Profit Target	Recommended Best/Largest Day
50k	$3,000	$1,500 or less
100k	$6,000	$3,000 or less
150k	$9,000	$4,500 or less

What can the Alpha Futures support team help you with today?

What can the Alpha Futures support team help you with today?

Popular Articles

Alpha Futures Evaluation & Qualified Trader Overview

Maximum Loss Limit (MLL)

Daily Loss Guard

Payout Policy

Scaling Plan

Consistency Rule

Didn't find what you were looking for?

FAQs

What are the Trading Hours?

What Products Can I Trade?

Required Documents for KYC Verification

KYC Screening Support

What happens to my subscription if I fail my Evaluation?

How is it calculated?

Can I automate my trading?

What is the prohibited conduct when executing my trades?

What happens if I violate any of these?

Evaluations

Qualified Accounts

How do I know what the CME Price Limits are for the contracts I trade?

How to find the % Net Change for the contract I am trading?

Why is this Prohibited Conduct at Alpha Futures?

Speeches

This Is Your Chance To Trade Among The Elite

This Is Your Chance To Trade Among The Elite

Mon – Fri: 8am – 8pm (GMT) [email protected] 10 Lower Thames Street, Billingsgate London, England, EC3R 6AF

Quick Links

Register your Email below to receive updates, trading information and offers

What can the Alpha
Futures support team help you with today?

Mon – Fri: 8am – 8pm (GMT)
[email protected]

10 Lower Thames Street, Billingsgate London, England, EC3R 6AF