Alpha Futures vs TradeDay
Side-by-side rules, fees and payout terms. Rows with differences are highlighted; anything we could not verify is marked as such.
| Rule | Alpha Futures | TradeDay |
|---|---|---|
| Drawdown modelⓘ | Trailing end-of-day | Trailing intraday |
| Profit splitⓘ | 90/10 | 90/10 in Funded Live; |
| Payoutsⓘ | Up to 4 requests per month after 5 winning days of at least $200; | Day-one payouts on Quick Pay, no buffer; |
| Consistency ruleⓘ | 50% best-day cap | 30% best-day cap |
| Daily loss limitⓘ | Unverified | Unverified |
| News tradingⓘ | Unverified | Unverified |
| Weekend holdingⓘ | Unverified | Unverified |
| Min. trading daysⓘ | 2 days | 5 days |
| Activation / PA feeⓘ | None | None |
| Data feed feeⓘ | Unverified | Unverified |
| Reset feeⓘ | Varies / unverified | Varies / unverified |
| Payout bufferⓘ | MLL stays intact after withdrawal | No buffer on Quick Pay; |
| Contract scalingⓘ | Fixed max position per size | Fixed max position per size on Quick Pay Intraday: 2/5/10/15 contracts |
| Platforms | AlphaTrader, TradingView (Plus500), WealthCharts, Quantower, DeepChart | Tradovate, Rithmic, NinjaTrader |
| Entry price | from $64.50 / month | from $40 / month |
| Promo code | ALPHA50 (50% off) | FLASH (60% off) |
| Last verified | 2026-10-07 | 2026-10-07 |
Highlighted rows differ between firms. Green = trader-friendly, red = restrictive, “Unverified” = we could not confirm it from the firm’s public rules.
True cost to first payout
Alpha Futures
100K Standard Evaluation — true cost to first payout
Assumes you pass without resets and reach your first payout in about 2 months.
- Evaluation fee × 2 mo · 119.5/mo subscription, with code ALPHA50 (list 239)
- $239
- Activation / PA fee · none
- $0
- Data feed
- Unverified
- Total (known costs only)
- $239
Not included — unverified: data feed fee.
Reset fee: unverified / varies by size. Payout buffer: MLL stays intact after withdrawal (no buffer reset); payout cap per cycle Standard $3,000/$4,000/$5,000 for 50K/100K/150K; Advanced up to $15,000.
TradeDay
100K Quick Pay Intraday — true cost to first payout
Assumes you pass without resets and reach your first payout in about 2 months.
- Evaluation fee × 2 mo · 96/mo subscription, with code FLASH (list 240)
- $192
- Activation / PA fee · none
- $0
- Data feed
- Unverified
- Total (known costs only)
- $192
Not included — unverified: data feed fee.
Reset fee: unverified / varies by size. Payout buffer: No buffer on Quick Pay; minimum payout request $250 (homepage summary, not verified on rendered page).
FAQ
Does Alpha Futures have a trailing drawdown?
Alpha Futures uses a trailing drawdown that updates at end of day (EOD) on its main program.
Does Alpha Futures have a consistency rule?
Yes — 50% best-day cap. Standard eval 50%;
Is news trading allowed at Alpha Futures?
This depends on program and phase; we could not verify a single answer.
Does TradeDay have a trailing drawdown?
TradeDay uses a trailing drawdown that updates intraday on its main program.
Does TradeDay have a consistency rule?
Yes — 30% best-day cap. Quick Pay 30%
Is news trading allowed at TradeDay?
This depends on program and phase; we could not verify a single answer.