Alpha Capital vs Alpha Futures — Which Should You Pick in 2026?
- Alpha Capital40% off every account (all plans and sizes, two uses)
DIWALI40Review → - Alpha Futures50% off Advanced, Standard & Direct accounts
ALPHA50Review →
Live codes at similar Forex/CFD firms
- FundingPips (opens FundingPips, affiliate link, and copies code FHFUNDED)20% off
FHFUNDEDGet deal - FundedNext (opens FundedNext, affiliate link, and copies code PFDEALS)30% off
PFDEALSGet deal - Finotive Funding (opens Finotive Funding, affiliate link, and copies code PFDEALS)50% off
PFDEALSGet deal
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Same first word, different firms and different markets — this pair is mostly a name-confusion check. Alpha Capital is a Forex/CFD firm selling 1-step, 2-step and instant programs with 4-8% trailing or 6-10% static drawdown depending on model and an 80% base split; Alpha Futures is a CME futures firm whose drawdown is a dollar threshold that trails end-of-day and locks at your starting balance, paying 90% on every Qualified account. If you searched for one and landed on the other, the market row in the table below is the fastest way to tell which one you meant.
Quick verdict
Pick Alpha Capital if: UK-based 2-step value.
Pick Alpha Futures if: Clean futures rule sets with EOD-locking drawdown; Advanced for experienced traders wanting 90% split, no consistency rule and $15K payouts; Direct for skipping the evaluation entirely.
Highest Trustpilot rating goes to Alpha Futures.
Read the Alpha Capital review → · Read the Alpha Futures review →
Side-by-side comparison
| Alpha Capital | Alpha Futures | |
|---|---|---|
| Cheapest challenge | $27 | $89/mo |
| Account model | 1-step / 2-step / instant | 1-step evaluation (Zero / Standard / Advanced, monthly subscription) or Direct (instant funded, one-time fee, skips the evaluation) |
| Profit target | 6-12% varies by variant (One 6/10/12, Pro 6/8/10); Alpha Direct has no target (instant qualified) → 5% (6% on Pro 6%) | 1-Step Evaluation Zero 6%; 1-Step Evaluation Standard 6%; 1-Step Evaluation Advanced 8% |
| Max drawdown | Trailing 4/6/8% (Alpha One 6/10/12% variants), 6-10% static (Alpha Pro 6/8/10%), 10% static (Swing), 5% trailing (Alpha Direct) | EOD trailing, locks at start balance. Standard $2K/$3K/$4.5K (50/100/150K); Advanced 3.5% = $1.75K/$3.5K/$5.25K; Zero $1K/$2K/$3K (25/50/100K); Direct $1K/$2K/$3K/$4.5K (25/50/100/150K) |
| Daily drawdown | 3-5% depending on model | 1-Step Evaluation Zero 2% Daily Loss Guard; Direct 2% Daily Loss Limit |
| Consistency rule | Payout rule only, none on the evaluation: an on-demand performance fee on Alpha One, Pro or Swing needs no single trading day above 40% of total profit and at least 2% profit on the account (Alpha Pro's Bi-Weekly schedule has no consistency rule; Alpha One and Swing are on-demand only); Alpha Direct: 15% best day + 1% minimum profit on top of a 3% profit buffer, on every on-demand request. | Eval: Standard 50%, Advanced 40%, Zero none. Qualified: Standard 40% (none with the +$70-$110 No Consistency Rule add-on), Zero 40%, Direct 20%, Advanced NONE |
| Profit split | 80% (90% via add-on; Alpha Direct 90% base) | 90% on all Qualified account types |
| Payout schedule | On-demand only · Bi-weekly or on-demand · On-demand (15% best-day + 1% min profit; 3% buffer before first payout) | Zero/Standard/Advanced: up to 4 requests per month, unlocked after every 5 winning days of $200+; max 50% of profit per request; minimum request $200 (Zero) / $500 (Standard) / $1,000 (Advanced). Direct: no winning-day requirement - instead a withdrawal profit target of 6% (first) then 4%, plus the 20% consistency rule; minimum request $500. Approved payouts are currently paid within five business days or less (the firm's payout update of 15 Sep 2026); the Qualified consistency counter resets after each successful withdrawal. |
| EA / bots | Trade-executing EAs prohibited; only pre-approved risk-management EAs on MT5 (lot size, SL/TP, break-even); none on Alpha Direct, Swap-Free or Focused Trader Group accounts | Fully automated bots/EAs/AI prohibited on all account types; semi-automated execution with active oversight allowed; HFT (~100+ trades/day) restricted (T&C, 2026-07-31) |
| Trustpilot | — (22,038) | 4.3 (6,272) |
| Best discount code | DIWALI40 (40% off every account (all plans and sizes, two uses)) | ALPHA50 (50% off Advanced, Standard & Direct accounts) |
| PropfirmDeals tier | Tier A | Tier A |
Price ladder — cheapest challenge per account size
Lowest price across every plan each firm sells at that size, including any fee charged on passing; discontinued plans are left out and '/mo' marks a monthly fee. Green marks the cheaper firm; discount codes lower both further.
| Account size | Alpha Capital | Alpha Futures |
|---|---|---|
| $25K | $117 | $89/mo |
| $50K | $217 | $129/mo |
| $100K | $397 | $239/mo |
Discount codes
Lower your entry cost with a current verified code (see the full prop firm discount codes list):
- Alpha Capital: DIWALI40 (40% off every account (all plans and sizes, two uses)) — Read the Alpha Capital review →
- Alpha Futures: ALPHA50 (50% off Advanced, Standard & Direct accounts) — Read the Alpha Futures review →
Alpha Capital vs Alpha Futures — FAQ
Which is cheaper, Alpha Capital or Alpha Futures?
It depends on how long you take to pass. Alpha Futures' cheapest challenge is a monthly subscription at $89/mo, billed until you pass; Alpha Capital's cheapest is a one-time $27. Compare the monthly fee times the months you expect to need with the one-time price, before discount codes.
Which pays out faster, Alpha Capital or Alpha Futures?
Alpha Capital: On-demand only · Bi-weekly or on-demand · On-demand (15% best-day + 1% min profit; 3% buffer before first payout) — Alpha Futures: Zero/Standard/Advanced: up to 4 requests per month, unlocked after every 5 winning days of $200+; max 50% of profit per request; minimum request $200 (Zero) / $500 (Standard) / $1,000 (Advanced). Direct: no winning-day requirement - instead a withdrawal profit target of 6% (first) then 4%, plus the 20% consistency rule; minimum request $500. Approved payouts are currently paid within five business days or less (the firm's payout update of 15 Sep 2026); the Qualified consistency counter resets after each successful withdrawal. Always confirm the current payout policy on the firm's official terms before buying.
Does Alpha Capital or Alpha Futures have a consistency rule?
Alpha Capital: Payout rule only, none on the evaluation: an on-demand performance fee on Alpha One, Pro or Swing needs no single trading day above 40% of total profit and at least 2% profit on the account (Alpha Pro's Bi-Weekly schedule has no consistency rule; Alpha One and Swing are on-demand only); Alpha Direct: 15% best day + 1% minimum profit on top of a 3% profit buffer, on every on-demand request. Alpha Futures: Eval: Standard 50%, Advanced 40%, Zero none. Qualified: Standard 40% (none with the +$70-$110 No Consistency Rule add-on), Zero 40%, Direct 20%, Advanced NONE. A consistency rule caps how much of your total profit one day may contribute — a real constraint if your profit comes in bursts.
What discount codes work for Alpha Capital and Alpha Futures?
Alpha Capital: code DIWALI40 (40% off every account (all plans and sizes, two uses)); Alpha Futures: code ALPHA50 (50% off Advanced, Standard & Direct accounts). Codes rotate — every code on this site is re-checked against the firm's own site on a rolling cycle, and a code checked in the last 30 days shows that date.
Do Alpha Capital and Alpha Futures trade the same markets?
No — Alpha Capital funds Forex/CFD traders and Alpha Futures funds Futures traders, so the account you get is not the same product. That also explains why the rule tables look different: futures programs express drawdown and daily limits in dollars per account size and run on CME data feeds, while Forex/CFD programs express the same limits as a percentage of the account. Pick the market you actually trade first; the firm comparison only matters inside that choice.
Bottom line
Both Alpha Capital and Alpha Futures are reputable choices in 2026 — the right pick depends on your strategy, drawdown tolerance and budget. Use the table above to match each firm's rules to how you actually trade, then grab the current code before checkout.
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