United KingdomSummary
Alpha Futures is the futures arm of a UK group. It stands out with no activation fees at all and an end-of-day drawdown on every plan.
A transparent futures prop firm, with no hidden fees when you get funded.
Overview
Based in Harpenden, England, Alpha Futures reports $70M in rewards paid and more than 175,000 qualified traders in over 140 countries.
Plans
Three monthly subscription plans: Zero (the most accessible, $139/mo for 50K), Standard ($129/mo for 50K, $239/mo for 100K) and Advanced (for withdrawals of up to $15,000). A one-off Direct plan lets you get funded with no evaluation.
The drawdown follows your highest end-of-day balance, so an intraday wick cannot knock you out.
Payouts
90% of profits, up to four withdrawals a month, after five winning days of at least $200. Requests are reported as processed the same day, and within five business days at most.
Challenges and conditions
- Price
- $129/mo
- Target
- $3,000
- Daily loss
- —
- Max loss
- $2,000 EOD
- Profit split
- 90%
- Price
- $239/mo
- Target
- $6,000
- Daily loss
- —
- Max loss
- EOD
- Profit split
- 90%
| Payout frequency | Up to 4 withdrawals a month |
|---|---|
| Payout speed | Same day to 5 days |
| Markets | Futures, Indices, Commodities |
| Platforms | AlphaTrader, TradingView, Quantower |
Public prices excluding promotions, verified in October 2026. Conditions change: check the official site before buying.
Trading rules
| News trading | Allowed (Advanced unrestricted) |
|---|---|
| Minimum days | 5 winning days of $200 |
Rules checked in October 2026. Check any point not listed here in the firm's official terms.
Strengths and weaknesses
Strengths
- No activation fees
- End-of-day drawdown
- Up to 4 withdrawals a month
- Direct plan with no evaluation
Weaknesses
- Monthly subscription until funded
- Consistency rules vary by plan
- Futures only
Who is it for?
A good fit if you…
- Are a futures trader who wants clear rules
- Want to avoid activation fees
- Want to withdraw often
Avoid if you…
- Prefer a one-off payment (except the Direct plan)
- Trade Forex/CFDs
Alpha Futures against competitors
 Alpha Futures |  FundedNext |  Topstep | |
|---|---|---|---|
| YourFunding score | 8.4/10 | 9.0/10 | 8.8/10 |
| From | $129/mo | $549 | $49/mo |
| Profit split | 90% | 80 → 95% | 90% |
| Payout frequency | Up to 4 withdrawals a month | Guaranteed within 24h | After 5 winning days |
| Max capital | $150K | $300K | $750K |
| Founded | 2024 | 2022 | 2012 |
| Platforms | AlphaTrader, TradingView, Quantower | MT4, MT5, cTrader, Match-Trader | TopstepX, NinjaTrader, Quantower |
| Payouts | 8.6 | 9.6 | 8.8 |
| Rules | 8.4 | 9.0 | 8.4 |
| Price | 8.4 | 8.2 | 8.6 |
| Support | 8.0 | 9.0 | 8.8 |
| Reputation | 8.0 | 9.1 | 9.6 |
Score breakdown
FAQ Alpha Futures
Are there activation fees?
No, no Alpha Futures plan has activation fees.
How is the drawdown calculated?
End of day, from your highest closing balance.
How many withdrawals a month?
Up to four, after five winning days of at least $200.
