Futures · 1-step · Instant · Since 2023

Alpha Futures Review: rules, challenges and payouts

Name: Alpha Futures Review (2026): Rules, Payouts & Code ALPHA50 | XSR
Item: Alpha Futures
Rating: 4
Author: XSR Trading Community

Suits — A UK-run futures firm with a 90% split on every plan.

CEO: George Kohler
Headquarters: Harpenden, England
Founded: 2023· 3 yrs
Access: HKOpenTWOpen

Platforms

AlphaTrader
TradingView
WealthCharts
Volumetrica
Quantower

Discount code

Official code

up to50%OFF

Open Alpha Futures

Ends 31 Oct 2026Seen live 7 Oct 2026

1Copy the code
2Open the firm's checkout
3Paste it before you pay

What it covers

From the firm's promo page: ALPHA50 takes 50% off Standard, Advanced and Direct; for Zero use ALPHA40 (40% off). Both run 6–31 October 2026 and cover evaluation fees only; the firm does not say whether monthly rebills keep the discount.

The firm's own public code. Anyone can use it and XSR earns nothing from it.

XSR score

From

$89

per month · $25K

Max allocation

$750K

5 Qualified Accounts × $150K (Standard). Zero and Direct also allow 5; Advanced allows 3, and holding any Advanced Qualified Account caps you at 3 in total.

Sizes

$25K–$150K

Programs 4

First payout

5days

up to 4 a month, each after 5 winning days

Trustpilot

4.4/5

What Alpha Futures is, and who it suits

What the firm is, who it suits, and what you will trade it on.

XSR summary

Alpha Futures is the futures firm of the UK's Alpha Group, home of Alpha Capital Group, led by founder and managing director George Kohler. It sells three monthly evaluations — Zero, Standard and Advanced — plus Direct, a one-time fee that starts you on a Qualified Account. Every plan uses an end-of-day trailing Maximum Loss Limit that stops at the starting balance and stays put when you withdraw, and every plan pays 90%. Payouts need five winning days of $200 and are capped per request ($15,000 on Advanced). The caveat: in July 2026 NinjaTrader/Tradovate ended the partnership, Alpha closed and refunded its Premium plan, and payouts that used to be same-day now take up to five business days after approval.

Written by XSR from the firm's own pages — not generated, not paid for.

Suits

A UK-run futures firm with a 90% split on every plan.

Watch out for

NinjaTrader/Tradovate ended the partnership in July 2026 and PropFirmMatch delisted the firm; payouts now take up to 5 business days.

Platforms5

AlphaTraderAlphaTrader
TradingViewTradingView
WealthChartsWealthCharts
VolumetricaVolumetrica
QuantowerQuantower

The details

Data feed / broker: dxFeed (Volumetrica) · Plus500 (TradingView connection)
Assets: IndicesFXRatesEnergyMetalsAgricultureCrypto
Instruments: CME Group futures (CME, CBOT, NYMEX, COMEX): equity indices (ES, NQ, RTY, YM, NKD and micros), Micro Bitcoin and Micro Ether (MBT, MET), energy (CL, MCL, QM, QG, NG, MNG, RB, HO), metals (GC, MGC, SI, SIL, HG, MHG, PL), FX (6A, 6B, 6C, 6E, 6J, 6S, 6M, 6N, E7 and micros), Treasuries (ZT, ZF, ZN, ZB, UB, TN) and agriculture (ZC, ZW, ZS, ZM, ZL, HE, LE).
Leverage and limits: Contract caps: Zero 1 / 3 / 6 minis (25K / 50K / 100K); Standard and Advanced 5 / 10 / 15 (50K / 100K / 150K); Direct 2 / 4 / 8 / 10. Micros count 10 to 1, but each MBT or MET counts as a full mini. Zero (50K, 100K) and Standard Qualified Accounts follow a scaling plan that starts smaller and grows with profit; Advanced, Direct and Zero 25K do not scale.
Commissions: Simulated: $0.99 per side on a standard contract or $0.29 on a micro, plus exchange and NFA fees — $4.78 round trip all-in on ES or NQ, $1.32 on MES or MNQ, $5.02 on CL, $5.22 on GC. The full table is in the firm's Permitted Products and Fees PDF.
Max allocation: $750K5 Qualified Accounts × $150K (Standard). Zero and Direct also allow 5; Advanced allows 3, and holding any Advanced Qualified Account caps you at 3 in total.
Legal entity: Alpha Futures Limited

Alpha Futures challenges and prices

Pick a program and a size. Every number is the firm's list price and rule before any code.

The cheapest evaluation and the only one with a $25K size; never an activation fee. No consistency rule on the evaluation, so one day can pass it — but both stages carry a 2% Daily Loss Guard and the payout caps are the lowest. Rebills every month until you pass or cancel.

Account size

Terms of this account

Zero · $50K

$139per month

up to −50% · With ALPHA50

Activation fee: None
Profit target: +$3,0006%
Max loss: −$2,0004%
Daily loss limit: −$1,0002%
Max contracts: 3 minis / 30 micros
Min. trading days: 1
Time limit: None
Consistency (test): None
Profit split: 90%.

Target against room to lose

Trailing · EOD

$670 of room leftPass

Loss floor: −$2,0004%
Start: $50K
Target: +$3,0006%

The loss limit trails your closing balance once a day. Overnight profits raise your floor; intraday swings do not.

Illustration: a made-up path held to this account's real limits.

Once you are funded

No activation fee. The Qualified Account keeps the same MLL and 2% Daily Loss Guard and adds a 40% consistency rule (since your last request), a scaling plan on 50K and 100K, and no orders within 2 minutes of high-impact news. Request after every 5 winning days of $200+, up to 4 times a month, up to 50% of account profit: $200 minimum, $1,000 / $1,500 / $2,500 maximum.

Alpha Futures rules, in plain words

Most dangerous first. Each one says what the rule is, how it is measured, and what it looks like on a real account.

2 Strict5 Watch out1 Good to know

Maximum Loss Limit: end-of-day trailing, breached intraday
Strict
On every account the MLL follows your highest end-of-day balance, ignores open profit during the day, and stops at the starting balance. It does not move when you withdraw. But if floating equity or closed balance touches it at any moment, the account is liquidated: an evaluation is void, a Qualified Account is closed.
Example
A $50K Zero starts with the MLL at $48,000. Close day one at $50,500 and it moves to $48,500; lose $500 the next day and it stays at $48,500. Once a close reaches $52,000 the MLL locks at $50,000.
Prohibited practices
Strict
Banned: AI, bots and full automation (signal indicators with manual orders are fine), high-frequency strategies over 100 trades a day, a pattern of sub-10-tick, sub-2-minute scalps, all-or-nothing max-size bets that use the Daily Loss Guard as a stop, hedging across or within accounts, group trading, stockpiling passed accounts to roll through, and VPNs (VPS is fine). Profits are voided and the contract can be ended.
Example
Long 1 NQ while short 5 MNQ in the same account counts as banned hedging.
Daily Loss Guard
Watch out
Zero (evaluation and Qualified), Standard Qualified and Direct carry a Daily Loss Guard: when the day's P&L, open and closed, including commissions, reaches it, everything is flattened, orders are cancelled and the account is locked until the new day at 6 PM ET. It is a pause, not a breach. Standard evaluations and Advanced have none.
Example
On a $50K Zero the guard is $1,000: down $600 closed with an open trade at –$400, you are flattened and locked out until 6 PM ET.
Flat by 4:20 PM ET
Watch out
The trading day runs 6 PM to 5 PM ET and every position must be closed before 4:20 PM ET — nothing overnight or over the weekend. If you forget, Alpha closes it for you, at whatever fill the market gives, which can still take you through the MLL or the guard.
Qualified: no orders 2 minutes either side of major news
Watch out
Evaluations and Advanced Qualified Accounts have no news rule. Zero, Standard and Direct Qualified Accounts may not have any order executed from 2 minutes before to 2 minutes after a red-folder ForexFactory event for the asset, though you may hold through it. First offence: a warning, the trade's profit voided and that payout denied. Second: the account is closed.
Example
CPI at 8:30 AM ET: no ES fills between 8:28 and 8:32, but a position opened at 8:20 may be held through the release.
Consistency, for passing and for payouts
Watch out
Evaluations: Standard 50% of net profit, Advanced 40%, Zero none. Qualified: Zero and Standard 40%, Direct 20%, measured on net profit since your last request and reset after each payout; Advanced none. Going over never breaches the account — you keep trading until the ratio comes down before you can pass or withdraw.
Example
A $50K Zero Qualified Account has $2,000 net profit since the last payout, $1,000 of it on one day (50%). Net profit must pass $2,500 before that day is under 40% and you can request.
Qualified scaling plan
Watch out
Zero (50K, 100K) and Standard Qualified Accounts start with only part of their contract allowance and unlock more as profit grows; trading above your current tier is a violation. Advanced, Direct and Zero 25K get the full limit from day one.
Example
$50K Standard Qualified: 2 minis (20 micros) below $1,500 profit, 3 from $1,500 to $2,000, and the full 5 only from $2,000.
Trade at least once every 10 trading days
Good to know
The platforms archive an account after 10 trading days without a trade. One trade of any size every 10 trading days keeps it active.

Trading styles

News trading
With conditions
Free on evaluations and Advanced Qualified; Zero, Standard and Direct Qualified Accounts may not fill orders 2 minutes either side of red-folder events, but may hold through them.
EAs / bots
Not allowed
AI, bots and full automation are banned; signal-only tools with manual orders are allowed.
Copy trading
With conditions
Only one person copying across their own accounts; group and reverse copying are banned.
Hedging
Not allowed
Opposite positions across accounts, or within one (NQ against MNQ), are banned.
Holding overnight
Not allowed
Flat before 4:20 PM ET; only invited live-capital accounts may hold overnight.
Holding over the weekend
Not allowed
Scalping
With conditions
No minimum hold, but making your profit mainly from trades under 10 ticks and under 2 minutes is banned tick scalping, and over 100 trades a day is not accepted.

Alpha Futures payouts: when, how much and how

When you can withdraw, how much, and how the money reaches you.

01 · First payout
Zero, Standard, Advanced: after 5 winning days of $200+ on the Qualified Account. Direct: once the first withdrawal profit target and 20% consistency are met.
02 · After that
Up to 4 a month, each after a fresh 5 winning days (Direct: a fresh withdrawal target). Per the firm's September 2026 update, approved payouts are paid within five business days, with same-day as the goal.
03 · Profit split
90% on every Qualified plan; the invitation-only Live programme pays 80%.

Minimum: Zero $200; Standard and Direct $500; Advanced $1,000.
Caps: At most 50% of account profit per request, and: Zero $1,000 / $1,500 / $2,500; Standard $3,000 / $4,000 / $5,000; Advanced $15,000 on every size; Direct $1,000 / $2,000 / $2,500 / $3,000.
Payout methods: ACH (US banks)
Bank wire
SWIFT
Wise
Rise
Before you can request: Pass Veriff KYC (government ID plus selfie, no VPN or VPS during it) and sign the contract within 30 days of passing.
The amount requested leaves the account and you receive 90% of it; the MLL stays where it was.
The request button appears only once the dashboard shows the consistency rule met.
The card used to buy must be in the KYC name; third-party payments are refused.

From Hong Kong or Taiwan

Everything is paid in USD. Hong Kong and Taiwan traders can use a SWIFT wire, Wise or Rise; ACH is for US banks. Mainland China is restricted; Hong Kong and Taiwan are not. Since the July 2026 platform change, payouts take up to five business days after approval instead of same day.

Can Hong Kong and Taiwan traders use Alpha Futures?

Read from the firm's own list. A firm that bans Hong Kong or Taiwan is not listed on XSR at all.

Hong Kong

Not restricted

Taiwan

Not restricted

Mainland China is on the restricted list; Hong Kong and Taiwan are not. Hong Kong residents holding PRC-issued documents should confirm with support before buying.

Hong Kong and Taiwan are not on the list; China is. You must be a resident or citizen of a non-restricted country, and you may not trade while even visiting or passing through a listed one. Identity is checked through Veriff KYC (government ID plus selfie).

Read it on the firm's site

Sources and checks

Checked against the firm's own pages on 7 Oct 2026.

Could not be confirmed on the firm's own pages

These are printed from recent third-party coverage. Confirm them with the firm before you buy.

Founding date: the firm's About page says Q3 2023, while Companies House shows Alpha Futures Limited incorporated on 17 April 2024.
The firm does not say how it treats Hong Kong residents who hold PRC-issued documents; the list names only 'China', not Hong Kong.
Direct 50K per-request cap: one help article says $1,500; the price card and two other articles say $2,000, which this page uses.
The HQ city is the registered office printed in the site footer (Harpenden); the firm names no operating city, and its Alpha Prime trading floor is in London.
Payout speed is the firm's 15 September 2026 statement (within five business days of approval); third parties reported delays before that, and pending Premium payouts are still paid in batches.

What we read

Spotted something out of date? Tell us on Discord and we will re-check it.

Report on Discord

XSR may earn a commission when you buy with a partner code; it never changes the order of firms. Prop-firm evaluations are simulated accounts sold as a product — most buyers do not pass, and no firm is regulated as a category. Nothing here is investment advice.

The firms most often weighed against Alpha Futures.

All 20 firms