Alpha Futures Trading Rules Explained
UK futures prop firm with Zero, Standard, Advanced and Direct plans and EOD drawdown.
We don't recommend this firm, so we don't list a code.
Alpha Futures rules: what you can and can't do
News trading: Not allowed
Trading close to high-impact news is restricted. Check the firm's news window before CPI, NFP or FOMC.
Holding overnight: Not allowed
Close every position before the end of each trading day.
Holding over the weekend: Not allowed
Close every position before the market closes on Friday.
EAs, bots & algorithms: Not allowed
Trade manually. Automated strategies are not allowed.
Copy trading: Allowed
You may copy your own trades between accounts at this firm.
Hedging: Not allowed
Hedging (opposite positions) is not allowed.
Loss limits by plan
Zero
- Daily
- 2%
- Max
- 4%
- Min days
- 1
Trailing (end of day). Your loss limit follows your highest end-of-day balance. Swings during the day don't move it.
Standard
- Daily
- None
- Max
- 4%
- Min days
- 2
Trailing (end of day). Your loss limit follows your highest end-of-day balance. Swings during the day don't move it.
Advanced
- Daily
- None
- Max
- 3.5%
- Min days
- 3
Trailing (end of day). Your loss limit follows your highest end-of-day balance. Swings during the day don't move it.
Direct
- Daily
- 2%
- Max
- 4%
- Min days
- 0
Trailing (end of day). Your loss limit follows your highest end-of-day balance. Swings during the day don't move it.
Fine print
- Consistency rule: Evaluation: Zero none, Standard 50%, Advanced 40%. Qualified: Zero and Standard 40%, Direct 20%, Advanced none. How consistency rules work →
- Scaling plan: Contract-size scaling on Zero and Standard Qualified accounts; none on Advanced or Direct