Alpha Futures review

Alpha Futures prohibits trading practices that exploit the simulated environment or do not reasonably translate to live markets. These rules apply in both the Evaluation and Qualified stages.

• High-frequency trading is restricted, especially strategies resulting in over 100 trades per day.

• Alpha Futures and Alpha Prime are not interested in working with strategies taking 100+ trades per day, automated or not.

• The use of AI, bots, or other automated trading mechanisms is strictly prohibited across all account types.

• Semi-automated trading is allowed only when:

  • A custom indicator provides buy or sell signals.

  • The trader manually places, monitors, and manages the trade.

  • The trader understands the system and the purpose of the semi-automation.

• Any form of hands-off, continuous day-and-night trading or full automation is strictly forbidden.

• VPS use is permitted.

• VPN use is not permitted when used to hide or change a trader’s IP address.

1. All-or-nothing trading:
   - Using maximum leverage on a single position and relying on the Daily Loss Guard as a stop loss is not tolerated.

2. Order book spamming:
   - Excessively stacking orders is prohibited. Reasonable DCA is allowed, but abusive order stacking is not.

3. Tick or micro scalping:
   - Trades that are both less than 10 ticks and less than 2 minutes are prohibited when they become a clear pattern of profit.

4. Rapid open-and-close trading without a plan:
   - Consistently opening and closing positions in under 2 minutes to make profits without a clear plan is considered tick scalping.

5. Max-leverage quick flips:
   - Taking max leverage positions and quickly closing them for favorable fills is considered an abuse of the simulated environment.

6. Exploiting favorable fills:
   - Exploiting the absence of slippage or using tight brackets to benefit from favorable fills is not permitted.

7. Duplicate limit orders at the same price:
   - Simultaneously placing multiple limit orders at the same price to manipulate order fills is prohibited.

8. Account rolling / gambling behavior:
   - Taking max leverage trades with no plan or stop loss, hitting max loss, buying more accounts, and repeating until a trade works is prohibited.

9. Account stacking:
   - Excessively purchasing Evaluations and storing multiple passed accounts so a trader can roll into another Qualified Account after a withdrawal or max loss is prohibited.

10. Reverse trading / hedging:
    - Going short on one account and long on another is strictly prohibited in both Evaluation and Qualified phases.

11. Same-account hedging:
    - Examples such as going long NQ and short MNQ on the same account are strictly prohibited.

12. Gap or illiquid market fill exploitation:
    - Initiating trades to profit from isolated fills in gapped or illiquid markets is not allowed.

13. Group trading:
    - Collaborating with others to execute identical or opposite strategies across unconnected accounts is prohibited.

14. CME rule violations:
    - All trading activity must comply with CME Group rules and regulations.

If a trader violates these rules, Alpha Futures reserves the right to:

• Immediately terminate the trader’s agreement.

• Void profits generated from prohibited trading practices.

• Review all passed Evaluations.

• Prevent traders from advancing to the Qualified phase if policy ignorance or abuse is found.

Alpha Futures payout policies are 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 and Prohibited Practices.
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There are core similarities in the payout policy across all 2 account types (Advanced, and Zero) at Alpha Futures:

1. Traders have the ability to pay themselves up to 4 times a month. Request every 5 winning trading days of $200 profit or more.

2. The winning trading days do not need to be consecutive, but 5 need to be accumulated between each payout request.

3. You may request up to 50% of the profit in your account each payout request (up to withdrawal limit), the rest of the balance stays on the account for drawdown or future withdrawals.

4. All withdrawal requests are the amount that will be removed from your trading account, trader received 90% of this request.

Payout minimum, maximum, and consistency rule will depend on the account type chosen (outlined below)

The minimum withdrawal request on Advanced Accounts is $1,000, maximum is industry leading $15,000 on all Advanced Account sizes.

There is no Consistency Rule on Advanced Qualified Accounts but 5 profitable trading days of minimum profit are required.

Traders that choose the Zero Account must also adhere to a 40% Consistency Rule to be eligible for a withdrawal request.
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The minimum withdrawal request on Zero Accounts is $200, maximum on 25k Zero Account is $1,000, maximum on 50k Zero Account is $1,500, maximum on 100k Zero Account is $2,500.
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5 profitable trading days of minimum profit are required.