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%. Live Traders are eligible for weekly payouts, very simple rules: if you made money that week, you can request a payout!
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.