Alpha Futures Review 2026
Alpha Futures is a United Kingdom-based futures proprietary trading firm. Evaluation accounts start at $89, currently 10% off with code Siraj025236.
Alpha Futures
Alpha Futures is a UK-based futures prop trading firm offering traders the opportunity to trade up to $750K in simulated funds. They have awarded $70M in performance fees and are part of the Alpha Group.
Affiliate link — FundedEnigma may earn a commission if you sign up, at no extra cost to you. The code Siraj025236 applies the firm's current discount. Disclosure.
Quick Facts
Profit Split
90/10
Max Allocation
$150K (Alpha Prime up to $750K)
First Payout
5 days
Payout Frequency
Every 5 winning days of $200+ (up to 4 per month)
Company Information
Features & Rules
Payment Methods
Overview
Enigma Rating
100% data confidence
Follows the best-rated of 13 plans, each scored on its own rules and price against plans with the same drawdown type.
Net first payout you can expect per dollar spent (repeat your eval result once, after the split and any cap) — vs. plans with the same drawdown type. — ≈ $23.3 first payout / $1 spent · Standard Evaluation (monthly) 50K
How much loss buffer (max drawdown) you get for the price — vs. plans with the same drawdown type. — ≈ $17.2 buffer / $1 spent · Standard Evaluation (monthly) 50K
How quickly you reach a first withdrawal — eval days, funded days, the profit buffer and the payout cycle — and how cheaply. — ≈ 7 trading days to a first payout · $116 all-in · Standard Evaluation (monthly) 50K
How few restrictive rules stand between you and getting funded — scored per plan from its own eval and funded rules. — Friction: 50% consistency rule in eval · Standard Evaluation (monthly) 50K
Aggregated trader ratings and review reputation. — 4.4/5 Trustpilot (5,953 reviews) · recent 60 reviews average 3.2 · praised: Fast payouts (7%) · complaints: Scam accusations (12%), Account blocks / KYC disputes (8%)
Rating by plan
All-in price includes the live discount| Plan | Account | Total cost | Value | Cushion | Payout | Ease | Rating |
|---|---|---|---|---|---|---|---|
| Zero Evaluation (monthly) | 25K | $80.10−10% | |||||
| Direct Qualified (one-time) | 25K | $314.10−10% | |||||
| Standard Evaluation (monthly)Best | 50K | $116.10−10% | |||||
| Zero Evaluation (monthly) | 50K | $125.10−10% | |||||
| Advanced Evaluation (monthly) | 50K | $188.10−10% | |||||
| Direct Qualified (one-time) | 50K | $467.10−10% | |||||
| Standard Evaluation (monthly) | 100K | $215.10−10% | |||||
| Zero Evaluation (monthly) | 100K | $251.10−10% | |||||
| Advanced Evaluation (monthly) | 100K | $314.10−10% | |||||
| Direct Qualified (one-time) | 100K | $620.10−10% | |||||
| Standard Evaluation (monthly) | 150K | $314.10−10% | |||||
| Advanced Evaluation (monthly) | 150K | $440.10−10% | |||||
| Direct Qualified (one-time) | 150K | $773.10−10% |
Why the best plan scores well
- +End-of-day drawdown in eval
- +End-of-day drawdown once funded
- +No daily loss limit
- +Higher first-payout return per $ than most end-of-day plans
- +Bigger loss buffer per $ than most peer plans
What holds it back
- −50% consistency rule in eval
What recent reviews say
- +Fast payouts (7%)
- −Scam accusations (12%)
- −Account blocks / KYC disputes (8%)
- −Payout problems (7%)
Trading Platforms
Tradable Assets
Payment Methods
Payout Methods
Key Features
Risk-Reward Profile
Trading Flexibility Score
Based on Alpha Futures's trading rules, this firm offers a moderate trading environment. Suitable for most trading styles with balanced risk management.
Indicative classification derived from the firm's published rule flags (scalping, news trading, consistency rules, etc.). Not part of the Enigma Score — see our methodology page for how firms are actually scored.
Market Position
Alpha Futures at a glance
Challenge Plans & Pricing
Cost Calculator
Evaluation vs Funded Account
What Changes When You Get Funded
Key rule differences between evaluation and funded phases
Payout Journey
Pass Evaluation
Complete all evaluation phases and meet profit targets
KYC Verification
Submit identity documents for verification
Receive Funded Account
Get access to your live funded trading account
First Payout Eligible
Meet the minimum trading period before first withdrawal
Request Payout
Submit withdrawal request and receive your profits
Pass Evaluation
Complete all evaluation phases and meet profit targets
KYC Verification
Submit identity documents for verification
Receive Funded Account
Get access to your live funded trading account
First Payout Eligible
Meet the minimum trading period before first withdrawal
Request Payout
Submit withdrawal request and receive your profits
Trading Rules
Trading Permissions
Trading Requirements
Additional Rules
Evaluation: Zero none, Standard 50%, Advanced 40%. Qualified: none on Zero/Standard/Advanced; Direct 20% per withdrawal cycle.
Place at least one trade every 10 trading days or the platform archives the account.
Evaluation Guidelines
Monthly-subscription one-step evaluations with end-of-day max loss limit: Zero ($25K–$100K, one-day pass, no consistency, daily loss guard, $0 activation ever), Standard ($50K–$150K, 50% consistency, no daily loss guard in eval), Advanced ($50K–$150K, 40% consistency, no daily loss guard, no scaling, $15,000 max withdrawal); plus Direct ($25K–$150K one-time fee, straight into a Qualified account, 20% consistency). 90/10 split from the first payout; withdraw every 5 winning days of $200+, up to 4 times a month, up to 50% of profit; MLL does not slide on payout.
Futures; EOD max loss limit is the only way to fail an evaluation. Daily Loss Guard on Zero (and Standard/Direct Qualified). Scaling plan on Zero/Standard Qualified accounts (none on Advanced/Direct). No orders within 2 minutes of red-folder news on Zero/Standard/Direct Qualified. Price-limit and prohibited-practice rules apply; copy trading only by the same individual; automated/group/reverse trading prohibited. Place a trade at least every 10 trading days. Payouts by ACH, wire, SWIFT, Wise or Rise.
Restricted Countries
Alpha Futures is not available in 45 countries
Traders from these countries cannot participate in evaluations
This list may change. Please verify eligibility directly with Alpha Futures before purchasing.
Trust & Track Record
Reviews & Verdict
The Upside
What we love
Traders keep 90/10 of their profits.
EOD trailing drawdown allows for intraday flexibility.
Payouts processed within 5 days.
Skip evaluation with instant funding options.
No restrictions on trading during news events.
The Downside
Room for improvement
Evaluation: Zero none, Standard 50%, Advanced 40%. Qualified: none on Zero/Standard/Advanced; Direct 20% per withdrawal cycle.
Not available in 45 countries.
Identity verification required before trading.
Positions must be closed before weekends.
Trustpilot Reviews
View AllTrustpilot Rating
Community Reviews
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Frequently Asked Questions
About Alpha Futures
Funded traders keep a 90/10 profit split. Capital can scale up to $150K (Alpha Prime up to $750K). Payouts: Every 5 winning days of $200+ (up to 4 per month), with a first withdrawal available after 5 days. Risk is managed using the EOD drawdown model, and a consistency rule applies: Evaluation: Zero none, Standard 50%, Advanced 40%. Qualified: none on Zero/Standard/Advanced; Direct 20% per withdrawal cycle. Trading is available on TradingView, Tradovate, NinjaTrader across Futures. On Trustpilot it holds 4.4/5 from 5,953 reviews. Compare Alpha Futures on FundedEnigma and check out with code Siraj025236 to get the firm's current public discount while the sale is attributed to FundedEnigma.
Trustpilot rating: 4.4 / 5 from 5,953 reviews
Alpha Futures plans
Alpha Futures — Frequently asked questions
- How much does Alpha Futures cost?
- Alpha Futures evaluations start at $89 (base price). Use code Siraj025236 for the current 10% discount.
- What is Alpha Futures's profit split?
- Alpha Futures offers a 90/10 profit split.
- What is Alpha Futures's payout policy?
- Alpha Futures's payout policy is: Every 5 winning days of $200+ (up to 4 per month).
- Does Alpha Futures have a consistency rule?
- Yes — Alpha Futures applies a consistency rule: Evaluation: Zero none, Standard 50%, Advanced 40%. Qualified: none on Zero/Standard/Advanced; Direct 20% per withdrawal cycle.
- What drawdown type does Alpha Futures use?
- Alpha Futures uses EOD drawdown.
- Which countries does Alpha Futures restrict?
- Alpha Futures does not accept traders from 45 countries, including Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Bulgaria, Burkina Faso, Burma (Myanmar), Croatia and 37 more. The full list is on this page under Restricted Countries.
- What are Alpha Futures's payout rules?
- At Alpha Futures, payouts are every 5 winning days of $200+ (up to 4 per month); the first payout can be requested after 5 days; payout methods are ACH, Wire, SWIFT, Wise, Rise.
Reviewed by the FundedEnigma Editorial Team · Methodology · Editorial policy · Last updated September 16, 2026