Alpha Futures drawdown rules
When the loss limit rises, what it is measured against, where it stops rising and what a payout does to it, in the firm’s own words.
What makes the loss limit rise · phase 1, funded
Our reading
It rises with the day's closing balance
“How is it calculated? The MLL is calculated from your Alpha Futures Account balance high at the end of each trading day, not intraday equity high.”terms · alpha-futures.com/terms-and-conditions · 2026-08-04 · saved copy
Plans: Zero, Standard, Advanced, Direct
What the limit is measured against · phase 1
Our reading
Live equity, open trades included
“What happens if I hit the MLL? If you break MLL at any time, your Alpha Futures Account will be liquidated. This means any attempted orders after the breach will not execute. Hitting the MLL on an Analyst Account means that account will no longer be eligible for funding opportunities.”terms · alpha-futures.com/terms-and-conditions · 2026-08-04 · saved copy
Plans: Zero, Standard, Advanced
What the limit is measured against · funded
Our reading
Live equity, open trades included
“What happens if I hit the MLL? If you break MLL at any time, your Alpha Futures Account will be liquidated. This means any attempted orders after the breach will not execute. Hitting the MLL on an Analyst Account means that account will no longer be eligible for funding opportunities. You may try again by purchasing a Reset or wait for your monthly rebill to return the account to the original starting balance to try again. Hitting MLL on a Qualified Analysts Account means such account has been breached and will be closed at the end of that trading day.”terms · alpha-futures.com/terms-and-conditions · 2026-08-04 · saved copy
Plans: Zero, Standard, Advanced, Direct
Where the limit stops rising
Our reading
At your starting balance
“Once the MLL reaches the initial starting balance, it won’t continue to trail. Meaning, if your EOD balance reaches $52,000 (+4%) your MLL will now be $50,000 and remain there for the account lifespan.”terms · alpha-futures.com/terms-and-conditions · 2026-08-04 · saved copy
Plans: Zero, Standard, Advanced, Direct
What taking a payout does to the limit
Our reading
Nothing — the limit stays where it was
“Your Maximum Loss Limit stays intact from the date of your withdrawal, so you keep your runway after you receive your performance fee. Most futures prop firms reset your buffer the second you withdraw. We don't.”marketing · alpha-futures.com/ · 2026-08-04 · saved copy
Plans: Zero, Standard, Advanced, Direct
Daily limit · phase 1
“There is no Daily Loss Guard on Advanced Evaluations, but there is on Zero Evaluations.”help centre · help.alpha-futures.com/en/articles/9492014-daily-loss-guard · 2026-08-04 · saved copy
Plans: Advanced
Daily limit · funded
“Advanced Accounts, there is no preset Daily Loss Guard, but traders may set one themselves at any time in their trading platform.”help centre · help.alpha-futures.com/en/articles/9492014-daily-loss-guard · 2026-08-04 · saved copy
Plans: Advanced
See Alpha Futures’s full page →Alpha Futures payout rules →
This is what the firm publishes, not our opinion. When a firm changes a sentence we see it, and the date moves.