Alpha Futures

Direct is the exception

Zero, Standard and Advanced evaluations are billed monthly and keep billing until the account passes or the trader cancels - $89 a month for a Zero 25K up to $489 for an Advanced 150K. Direct accounts, which start Qualified with no evaluation, are a single payment of $349 to $859 by size.

In the evaluation only

The Zero tier has no consistency rule during the evaluation, no activation fee and a one-day minimum, so a trader can qualify in a single session at any size they like. Once Qualified, the 40% consistency rule applies to every Alpha account, Zero included - the largest day is measured against profit in the payout cycle.

Zero only in the evaluation

Zero evaluations carry a Daily Loss Guard of $500 on a 25K, $1,000 on a 50K and $2,000 on a 100K. Standard and Advanced evaluations have none, and pick up a daily limit only once the account is Qualified.

Evaluation and Qualified

Alpha publishes separate reset prices for the two stages of the same account. A Zero 25K costs $79 to reset in the evaluation but $399 once Qualified; a Standard 50K is $109 and $599. A reset returns the account to its starting conditions.

And need 40% consistency

Maximum payouts are published per plan and size - $1,000 on a Zero 25K, $1,500 on a Zero 50K, $2,500 on a Zero 100K and $3,000 on a Standard 50K. The split is 90% to the trader on every plan, and the 40% consistency rule has to hold at the moment of the request.

8% against a smaller buffer

Advanced asks for $4,000 on a 50K, $8,000 on a 100K and $12,000 on a 150K - an 8% target rather than Zero and Standard's 6% - while shrinking the maximum drawdown to $1,750, $3,500 and $5,250 respectively. It is the most expensive tier at $209 to $489 a month.