Alpha Futures Direct plan: qualified account with no evaluation

Rules

How the Direct plan drawdown works

Direct uses the same model as the rest of Alpha Futures: an EOD trailing Maximum Loss Limit. The limit moves with your end-of-day balance, not your intraday equity high, and only moves up. It stops trailing once it reaches the account starting balance.

On a Direct 50K the MLL starts at $48,000. Once you close a day at $52,000, the limit locks at $50,000 and behaves like a static floor from then on.

The difference against the evaluation plans is that here the MLL coexists with a Daily Loss Guard from day one: $500 on 25K, $1,000 on 50K, $2,000 on 100K and $3,000 on 150K. Hitting the Daily Loss Guard does not breach the account; it flattens open positions, cancels pending orders and locks trading until the next trading day starts. Hitting the MLL does end the account.

If you want to see how EOD trailing behaves against other models, the static vs trailing vs EOD drawdown guide works through examples and the drawdown calculator lets you simulate your own case.

Rules

Direct plan consistency rule: 20%

Direct applies the strictest consistency rule at Alpha Futures: 20% across all four sizes. No single trading day can account for 20% or more of the net profit accumulated since your last withdrawal request.

The maths is straightforward: biggest day divided by cycle net profit has to come out at 20% or below. With a $3,000 target on a Direct 50K, that means your best day of the cycle cannot go past $600. If a day does go over, the account is not breached: the payout button simply stays locked until you keep trading and that day falls under the threshold.

This 20% is the real trade for not having to pass an evaluation. Against the 40% Zero and Standard apply between payouts, or the fact that the Advanced plan applies no consistency rule at all on the qualified account, Direct asks you to spread profit across many more sessions. The consistency rule calculator gives you the exact number before you start the cycle.

Payouts

Direct plan payouts and cycle targets

To request a payout on Direct you need two things: reach the cycle withdrawal target and satisfy the 20% consistency rule. There is no winning-day requirement and no fixed payment dates.

The first payout target is $1,500 on 25K, $3,000 on 50K, $6,000 on 100K and $9,000 on 150K. From the second onwards it drops to $1,000, $2,000, $4,000 and $6,000 respectively. The target resets after every payout: leftover profit from the previous cycle does not carry over, so it has to be built again from new trades.

The minimum per request is $500 and the cap depends on the size: $1,000 on 25K, $2,000 on 50K, $2,500 on 100K and $3,000 on 150K. Up to 4 requests per month are allowed and Alpha Futures processes them in 48 business hours or less. The split is 90% to the trader.

If your priority is the amount per payout rather than the speed of getting the account, the Direct caps fall short: the Standard plan reaches $5,000 and the Advanced plan $15,000 per request. To compare timelines with other firms, the fastest paying prop firms ranking puts the conditions side by side.