Alpha Futures is proud to offer a flexible Live Trader Program and the Opportunity to work beside our Professional Trading Floor, Alpha Prime.
Unlike an Evaluation or Qualified Account, the Traders called to LIVE are trading real live capital and markets.
All of our live traders enjoy:
Daily Payouts
No Consistency Rule
No news trading restrictions
No maximum withdrawal request
EOD Style Drawdown
NO Daily Loss Limit
The Alpha Futures Risk and Alpha Prime Teams constantly watch trader performance to determine if a trader is ready for live capital.
A trader may be reviewed or called to live immediately if they have met one or more of the following conditions:
5 performance fees on a single Qualified Account
A significant amount of lifetime performance fees
Outstanding performance in a Qualified Account
Former member of the Generic Live Program or Alpha Prime Program
Transition to Live
When a trader is called to live, all Qualified Accounts are closed
Traders receive one live account per eligible Qualified Account
Eligible Qualified Account = a Qualified Account that has reached at least one payout.
Eligible Qualified Account | Live Account Start Balance
| Live Account EOD Drawdown
| Contracts (before MLL reaches $0 balance)
| Contracts (after MLL reaches $0 balance)
|
25K Qualified Account | $0 | $1,500 | 1 mini / 10 micro | 2 mini / 20 micro |
50K Qualified Account | $0 | $2,000 | 2 mini / 20 micro | 4 mini / 40 micro |
100K Qualified Account | $0 | $3,000 | 4 mini / 40 micro | 8 mini / 80 micro |
150K Qualified Account | $0 | $4,500 | 6 mini / 40 micro | 12 mini / 120 micro |
From here, it is the Trader's choice how they would like to continue:
1.) Alpha Prime Program
This is best for traders that are looking to develop into true professionals and build a career out of trading, not just a hobby. 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..
As mentioned, all Qualified Accounts are closed at their current balance when a trader is called to live. 50% of the existing Qualified Account(s) sim profit (max $75,000) will be split into a 12 MONTH SALARY as long as the Trader remains a part of the Alpha Prime Program.
What are the benefits of the Alpha Prime program for traders?
Monthly Salary
Weekly Calls with Alpha Prime Team for strategy development, refinement, risk management, and market analysis. Alpha Prime is ACTIVELY invested in your success.
Developing automated strategies with our in house Quantitative Team
Opportunities to visit the Alpha Prime trading floor in London to continue to learn from 7+ figure Professional Traders in person.
Scaling Opportunities: performance based increase in fund allocation and/or salary.
Traders that excel in the Alpha Prime Program will be considered to increase their monthly salary as well as their fund allocation, and even full time employment.
If an individual selects to go with the Alpha Prime Program, they will receive all of these resources above and a 60% profit split on all profits withdrawn from their live account. Both firm and trader deeply invest in the trader's success and enable the trader to truly grow into a professional.
2.) Generic Live Program
Traders that are looking for a more relaxed environment or would rather opt out of our development program may select to continue on their live account(s) at an 80% profit split, sacrificing any Qualified Account sim profits, salary, as well as forgoing any of the Alpha Prime resources.
Traders that deny our live program will receive their final payout and sacrifice any additional relationship with any branch of the Alpha Group.