Copy Trading
Path To Live Many platforms have built in trade copiers such as AlphaTicks(ProjectX) and Tradovate. Copy trading in general is permitted as long as it is a single user executing the trades, and it is the single individual listed on the Alpha Futures Accounts. Automated, Group, and Reverse Trading are strictly prohibited. To avoid complications with copy trading, use your smallest account/one with the least amount of profit or leverage as your leader account. If the accounts have different leverage or buying power trades may not copy. Please be aware these copying services are provided by 3rd parties, even if they are available directly on your trading platform, so Alpha Futures is not liable or able to fix any issues you may face while using a trade copying software. This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord Please note that all accounts we provide to our clients are demo accounts with simulated funds and any trading is conducted in a simulated environment. More details can be found in the FAQ Ok, I understand.
Path To Live
Path To Live Alpha Futures mission is to find talented traders, and retain them. We call our most impressive and most consistent traders up to live funds to trade alongside our team at Alpha Prime. The professional traders at the Alpha Prime Trading Floor in London have been in the Traditional Prop space for more than 30 years, and are eager to bridge the gap between retail prop firms (sim props) and Traditional. The maximum balance a trader can achieve on a simulated Qualified Account is +$40,000 per account, or 5 payouts. Once achieved, or if the Alpha Futures team decides to take action before these thresholds, the trader will be called up to LIVE. Once a trader’s simulated Qualified Accounts are closed, Alpha Futures will process 50% of the account(s) profit, up to max withdrawal of $15k per account, immediately as a withdrawal request (trader is paid 70-90% of this balance depending on their chosen Account and payout tier). With other firms, the other 50% (or more) is either voided (lost), and/or becomes the risk on the live account; with the firm contributing nothing. We believe Live Traders should be treated much more like a partnership with both firm and trader benefitting. So, we split the risk with you! Trader contributes $5,000 from their leftover balance, the firm contributes $5,000, and trader receives a $10,000 static drawdown account (with opportunities to scale). The rest of your leftover balance (remaining profit minus $5,000 allocated to risk) is split into a 12 month, MONTHLY SALARY, as long as the trader is a live trader with Alpha. What are the benefits of the LIVE program for traders? Monthly Salary Weekly Calls with Alpha Prime Managers for strategy development, refinement, risk management, and market analysis. We want to see you win! No consistency rule No news trading restrictions No maximum withdrawal request Static, non trailing drawdown Opportunities to visit the Alpha Prime trading floor in London Opportunities to scale monthly salary as well as fund allocation Terms and rules of Live Accounts Live traders receive a $10,000 static drawdown account with a Daily Loss Limit of $3,000. The DLL scales similar to our Advanced Account, the trader can earn more risk each day as they gain. There are no consistency rules or news trading restrictions on Live Accounts. The profit split on Live Accounts, in addition to the Monthly Salary, is 60%. As opposed to others in industry withdrawing 50% with a 90% split, the trader only receives 45% of their profits. The uncapped withdrawals with 60% split + monthly salary and support from Professional Traditional Fund Traders, the earning potential and career opportunities for Alpha Prime Live Traders are unmatched. Traders that excel in our program will be considered to increase their monthly salary as well as their fund allocation. This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord Please note that all accounts we provide to our clients are demo accounts with simulated funds and any trading is conducted in a simulated environment. More details can be found in the FAQ Ok, I understand.
Maximum Withdrawal Request
Maximum Withdrawal Request Also included in the Alpha Futures Payout Policy, but the maximum withdrawal request a trader can make on any Qualified Account is $15,000. This is per request, per account, more than 3x the industry standards of $1200-5000. Traders in our LIVE program do not have any maximum withdrawal requests. This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord Please note that all accounts we provide to our clients are demo accounts with simulated funds and any trading is conducted in a simulated environment. More details can be found in the FAQ Ok, I understand.
Payout Methods
Payout Methods Alpha Futures is dedicated to convenience and flexibility for their traders, offering multiple payment options. The available payout methods are: – ACH (US bank accounts)– Wire Transfer (UK bank accounts)-SWIFT– Wise – Rise If Rise is selected, user will be emailed an agreement they must sign before receiving first payout. This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord Please note that all accounts we provide to our clients are demo accounts with simulated funds and any trading is conducted in a simulated environment. More details can be found in the FAQ Ok, I understand.
How to trade with TradingView
How to trade with TradingView To use this integration, you must have an Evaluation, or Qualified Account utilizing Tradovate. First, log in to Tradovate using the username and password provided in your dashboard in Account Information. Be sure to select the ‘Simulation’ when prompted to select a Trading Mode. Once logged in, click Application Settings in the top right corner of the platform. Within the Application Settings, click on Add-Ons and then select TradingView. Now, you will need to sign in to TradingView with your personal TradingView account credentials. If you do not have a username with TradingView you will need to first create an account to use the integration. As the Tradovate website indicated, an active TradingView subscription is needed. Once logged into TradingView, navigate to a Chart, select the Trading Panel tab, and click on the Tradovate broker icon. Next, select Demo, input your Tradovate login information in your Alpha Futures Dashboard, and click the Connect button. At this point, you are successfully connected and can enjoy trading your Alpha Futures Account(s) on TradingView through Tradovate integration! This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord
Trading Platforms
Trading Platforms We offer some of the top platforms available in the futures trading space. At Alpha Futures, our traders have their choice of using: AlphaTicks developed by the ProjectX team Tradovate your login credentials will be the same whether you choose NinjaTrader or Tradovate. Tradovate is web based, NinjaTrader is a desktop application. NinjaTrader your login credentials will be the same whether you choose NinjaTrader or Tradovate. NinjaTrader is a desktop application TradingView traders can use the add on in their Tradovate account to integrate and trade on TradingView. More information here. This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord
Level 2 Data
Level 2 Data Level 1 data, Top of Book data, includes the best bid and best ask. If you are chart trading, this is the data you are using. Level 2 data, Depth of Market data, includes 5-10 of the best bid and ask prices so you can see sell and buy orders waiting to be placed. If you are DOM or Matrix trading, this is the data you are using.The CME charges fees for all data provided to accounts. Alpha Futures includes your Level 1 (Top of Book) data fees with your Monthly Evaluation Subscription Fee along with Activation Fees, there is no additional charge for this. Traders who would like to receive Level 2 (Depth of Market) Data for all exchanges can upgrade from their dashboard for $39 per month.The $39/month is per USER, not per account. You can find your market data subscription in the Billing Details section of your dash and upgrade or cancel at any time. This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord
Third Party Payments
Third Party Payments We would like to emphasize that we do not accept payments made via a third-party card or account. All transactions related to assessment purchases and account trading must be conducted in the name of the cardholder. As part of our onboarding process for qualified trader accounts, we conduct cross-verification of the name on the payment card with the KYC (Know Your Customer) profile to ensure consistency. This precautionary measure is implemented to mitigate the risk of credit card fraud and safeguard the integrity of our platform. This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord
Standard Plan vs. Advanced Plan
Standard Plan vs. Advanced Plan We offer two Evaluation types here at Alpha Futures. Our Standard Accounts and our Advanced Accounts.Standard Accounts are a fantastic offer, and if it’s your first time trading futures, it is where you should start. These accounts will help you form good habits as a trader with an inexpensive barrier to entry.The cheaper resets, larger drawdown, and lower profit target on the Standard Evaluation Accounts reinforce this idea.The Advanced Accounts are more expensive, and were created with the more seasoned prop trader in mind. Someone who knows what they are looking for and is willing to pay a higher price for it.Some major differences as well as pricing listed below:– No Consistency Rule on the Qualified stage of the Advanced Plan– No Scaling Plan on the Advanced Accounts– No News Trading Restrictions on Advanced Accounts-The ability to pay yourself weekly on the Advanced Plan. Payout Policy– Daily Loss Guard scales with the account on the Advanced Plan. Evaluation Account Size Standard Plan Price Advanced Plan Price 50k $79/month $139/month 100k $159/month $279/month 150k $239/month $419/month This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord
Price Limit Trading
Price Limit Trading At Alpha Futures, we prioritize protecting our traders from high volatility and hazardous market conditions. To achieve this, we enforce strict guidelines to prevent trading when a product is within 2% of a CME price limit. This policy ensures our traders are not exposed to extreme market fluctuations that could lead to significant losses, or run the risk of their trades being open while markets are halted. A price limit is the maximum price range permitted for a futures contract in each trading session. When markets hit the price limit, different actions occur depending on the product being traded. Markets may temporarily halt until price limits can be expanded, remain in a limit condition, or stop trading for the day based on regulatory rules. This prohibited conduct is enforced on ALL Alpha Futures Accounts, not just Evaluations. How do I know what the CME Price Limits are for the contracts I trade? Price limits are calculated based on the end-of-day settlement price and vary by product, contract month, and time of day (i.e., overnight price limits differ from the price limits used during business hours). The price limits are updated at 5:05 PM EST after each trading session and can be found on the CME Price Limits page. Equity Products ES, MES, NQ, MNQ, RTY, M2K, YM, and MYM overnight price limits are 7%. One of the most effective ways to ensure you are not trading within 2% of any price limit is to monitor the % Net Change for the contract you are participating in via your trading platform’s quote board. For example, if you are trading one of the assets above or any other with a price limit up or down of 7%, it would be time to stop trading if that asset reach a 5% net gain or loss on the day, because any larger net change would be within 2% of a Price Limit. How to find the % Net Change for the contract I am trading? Your trading platform’s quote board/radar screen not only displays the “Net Change” on the day as prices move but can also display “Net Change” as a percentage or “% Net Change.” If the “% Net Change” is not currently displayed on your quote board, simply add that column to display how close your product is to the price limit. Example: In this picture taken on August 4th, 2024 directly on CME Price Limits Page we see that the reference price is 18,556.00 and the 7% limit is up and down are said to be 19846.75 and 17265.25. So, for the 2% price limit rule calculation is done on these premises. Stop trading when market priced above: 18556 x (1 + 0.07 – 0.02) = 19483 (+5%) Stop trading when market priced below: 18556 x (1 – 0.07 + 0.02) = 17628 (-5%) Why is this Prohibited Conduct at Alpha Futures? To protect our firm and our traders, we do not allow market participation when a product is trading within 2% of a price limit. This could run the risk of an order being filled then getting “trapped” in a halt. This prohibited conduct is enforced on all Alpha Futures Accounts. Moreover, all speculators assuming risk in a market should have intimate knowledge of that market. It is crucial to be aware of the contract specifications and price limits for any product you trade. For more information about your favorite products, please reference the CME Group website. Click on your product from the home page for detailed information. This Is Your Chance To Trade Among The Elite Start Now Join Our Discord This Is Your Chance To Trade Among The Elite Start Now Join Our Discord