Alpha Futures 150K Advanced: Complete Evaluation & Funded Account Rules

Alpha Futures 150K Advanced: Complete Evaluation & Funded Account Rules

The Alpha Futures 150K Advanced is a futures trading evaluation designed for traders who want access to a $150,000 simulated trading account with a clear path toward becoming funded.

The Advanced plan combines a defined profit target with a trailing drawdown and additional account-specific trading requirements. Traders need to reach the required profit while keeping the account within its risk limits and following the applicable Advanced rules.

Key Specifications

• Account Size: $150,000
• Plan: Advanced
• Evaluation: One-step
• Profit Target: $9,000
• Maximum Loss Limit: $4,500
• Drawdown: Trailing
• Daily Loss Limit: Depends on the current Advanced account rules
• Time Limit: Unlimited
• Minimum Trading Days: None
• Consistency Rule: 20%
• Maximum Position Size: 12 Minis / 120 Micros
• Scaling: Subject to the Advanced account rules
• Profit Split: Up to 90%
• Activation Fee: Depends on the current account offer

How the 150K Advanced Evaluation Works

The Alpha Futures 150K Advanced evaluation gives traders a $150,000 account balance to trade futures.

The primary objective is to reach the required profit target without violating the maximum loss limit or any additional Advanced account restrictions.

The larger nominal account size provides more trading capacity, but the actual drawdown available remains the key factor when planning position size and risk.

Once the evaluation requirements are met, the account can progress according to the current Alpha Futures funded-account process.

No Time Limit

The 150K Advanced evaluation does not require traders to complete the evaluation within a fixed number of calendar days.

This allows traders to wait for quality setups and trade according to their strategy rather than forcing trades to meet a deadline.

There is also no minimum trading-day requirement unless otherwise specified under the current account rules.

Maximum Loss Limit

The Maximum Loss Limit (MLL) for the 150K Advanced account is $4,500.

The account uses a trailing drawdown structure. As the account reaches new equity highs, the applicable drawdown threshold can move higher according to the account's rules.

For risk management, traders should focus on the $4,500 drawdown rather than treating the full $150,000 account size as available risk capital.

What Happens When You Hit the Maximum Loss Limit?

If the account reaches or falls below the applicable maximum loss threshold, the account can be breached.

Once breached, the evaluation cannot continue normally.

Traders should therefore avoid risking a large portion of the available drawdown on a single trade and leave enough room for normal market fluctuations.

Daily Loss Limit

The Advanced account may have additional daily risk-management requirements depending on the current Alpha Futures rules.

Traders should check the specific daily loss conditions attached to the 150K Advanced account before trading.

Even when the firm's daily restriction provides flexibility, maintaining a personal daily loss limit can help keep risk under control.

Maximum Position Size

The maximum position size for the 150K Advanced account is:

• 12 Mini contracts
• 120 Micro contracts

This provides flexibility across different futures markets and allows traders to adjust their exposure according to their strategy.

Micro contracts can also be useful when traders want more precise risk control or prefer to build positions gradually.

Scaling Rules

Scaling conditions depend on the specific Advanced account structure and the current Alpha Futures rules.

Traders should not assume that the maximum position size automatically increases after generating additional profit.

The applicable contract limit should always be followed unless Alpha Futures specifically permits a larger position under the account's scaling rules.

Profit Target

The profit target for the 150K Advanced account is $9,000.

Starting from a $150,000 account balance, the trader needs to generate $9,000 in profit while remaining within the account's drawdown and consistency requirements.

For example:

• Starting balance: $150,000
• Required profit: $9,000
• Target balance: $159,000

Reaching $159,000 alone does not necessarily complete the evaluation. The trader must also satisfy the remaining account requirements.

Consistency Rule

The 150K Advanced account uses a 20% consistency rule.

The consistency requirement is designed to prevent traders from reaching the target primarily through one unusually large winning day.

A more balanced distribution of profits can make it easier to remain within the consistency requirement.

If one trading day accounts for too much of the total profit, the trader may need to continue trading until the required consistency level is reached.

Passing the Evaluation

To complete the 150K Advanced evaluation, traders generally need to:

1. Reach the $9,000 profit target
2. Stay above the applicable maximum loss limit
3. Respect the maximum position size
4. Satisfy the applicable consistency requirement
5. Follow all Advanced account trading restrictions

After these requirements are satisfied, the account can progress according to the current Alpha Futures program.

Profit Split

Alpha Futures offers traders a profit split of up to 90%, subject to the applicable funded-account payout rules.

This allows traders to retain the majority of eligible profits once they become eligible for withdrawals.

The exact profit split and payout conditions can depend on the account type and current program rules.

Payout Rules

Once the account reaches the funded stage, traders can request withdrawals after meeting the applicable payout requirements.

These requirements may include:

• Minimum profit requirements
• Minimum withdrawal amount
• Maximum withdrawal amount
• Required trading or winning days, if applicable
• Maintaining an account buffer
• Payout frequency
• Account-specific withdrawal conditions

The current Alpha Futures payout rules should be checked before submitting a withdrawal request.

Payout Example

Suppose a trader grows the 150K Advanced account from $150,000 to $162,000.

That represents:

$12,000 in profit

At a 90% profit split, the trader's share would be:

$10,800

The actual amount available for withdrawal may still depend on the account's specific payout limits, buffer requirements, and other conditions.

News Trading

News trading is subject to Alpha Futures' current rules.

Major economic events that traders should monitor include:

• CPI
• FOMC decisions
• Nonfarm Payrolls
• Interest-rate decisions
• PCE inflation data
• Other high-impact economic releases

Before trading during major news events, traders should verify the current Advanced account rules to make sure their strategy is permitted.

Overnight and Weekend Trading

Overnight and weekend trading are subject to the applicable Alpha Futures account rules.

Futures markets have scheduled maintenance periods and market closures, so traders should understand whether positions can remain open during these periods.

Before holding a position overnight or through the weekend, check the current rules for the 150K Advanced account.

Account Limits

Alpha Futures may limit the number of accounts a trader can purchase, operate, or combine.

Traders planning to operate multiple 150K accounts should review the current account-limit policy before opening additional evaluations.

Account Rules at a Glance

The Alpha Futures 150K Advanced can be summarized as follows:

• $150,000 account size
• $9,000 profit target
• $4,500 maximum loss limit
• Trailing drawdown
• Advanced risk-management rules
• Unlimited evaluation time
• No minimum trading days
• 20% consistency requirement
• Maximum 12 Minis or 120 Micros
• Scaling subject to current Advanced rules
• Up to 90% profit split
• News trading subject to Alpha Futures rules
• Overnight and weekend trading subject to account rules

Final Thoughts

The Alpha Futures 150K Advanced provides a $150,000 nominal account size with a $9,000 profit target and a $4,500 maximum loss limit.

The unlimited evaluation period gives traders room to wait for quality setups, while the consistency requirement encourages a more balanced approach to reaching the target.

The most important number to focus on is the $4,500 maximum loss limit, rather than the $150,000 nominal account balance. Position sizing and risk management should be based around the actual drawdown available.

Because the Advanced plan can include account-specific conditions, traders should review the latest Alpha Futures rules before purchasing or trading the evaluation.