Alpha Futures vs Elite Trader Funding: prop firm rules compared

At the $50,000 account size, Alpha Futures' evaluation allows a $2,000 max drawdown (end-of-day trailing, locks at breakeven) against Elite Trader Funding's $2,000 (intraday trailing, locks at breakeven), with the same $3,000 profit target. Both allow the same dollar drawdown at that size. Payouts are up to 4 requests/month after 5 winning days of $200+ at Alpha Futures and approved daily, paid in monday / wednesday batches at Elite Trader Funding.

Rule (evaluation phase)
AFAlpha FuturesZero model
ETElite Trader Funding1-Step (Live Trailing) model
$50,000 account
Profit target$3,000$3,000
Daily loss limit$1,000 (soft pause)None
Max drawdown$2,000$2,000
$100,000 account
Profit target$6,000$6,000
Daily loss limit$2,000 (soft pause)None
Max drawdown$3,000$3,000
Firm-wide
Drawdown modelEnd-of-day trailing, locks at breakevenIntraday trailing, locks at breakeven
Consistency ruleNoneNone
Minimum trading days1 trading day5 trading days
Profit split90/10100% of sim profits up to $25K
Payout frequencyUp to 4 requests/month after 5 winning days of $200+Approved daily, paid in Monday / Wednesday batches
Account sizes offered$25,000 · $50,000 · $100,000$50,000 · $100,000 · $150,000
Rules confidenceRules verifiedRules verified

Alpha Futures figures are for the Zero model; it also sells: Standard, Advanced.

Elite Trader Funding figures are for the 1-Step (Live Trailing) model; it also sells: End of Day, Static.

Rules last checked against each firm's own documentation on . Firms change their rules often, so confirm the current terms on Alpha Futures' site and Elite Trader Funding's site. Spotted a rule that changed? Tell us.

Where Alpha Futures and Elite Trader Funding differ

Drawdown model
Alpha Futures: End-of-day trailing on every plan
Elite Trader Funding: Intraday trailing on 1-Step; end-of-day trailing on End of Day; static on Static
Daily loss limit
Alpha Futures: Soft pause, $1,000 at $50K on Zero; none on Standard and Advanced
Elite Trader Funding: None on 1-Step and Static; hard, $1,100 at $50K on End of Day
Consistency rule
Alpha Futures: None on Zero; max 50% of total profit from one day on Standard; max 40% of total profit from one day on Advanced
Elite Trader Funding: None on any plan
Minimum trading days
Alpha Futures: 1 trading day on Zero; 2 trading days on Standard; 3 trading days on Advanced
Elite Trader Funding: 5 trading days on every plan
Plans sold
Alpha Futures: 3 plans: Zero, Standard and Advanced
Elite Trader Funding: 3 plans: 1-Step, End of Day and Static
Account sizes, all plans
Alpha Futures: $25K · $50K · $100K · $150K
Elite Trader Funding: $10K · $25K · $50K · $100K · $150K
Automated trading
Alpha Futures: No written answer on record
Elite Trader Funding: Not allowed in the evaluation or on a funded account
Profit split
Alpha Futures: 90/10
Elite Trader Funding: 100% of sim profits up to $25K
Payouts
Alpha Futures: Up to 4 requests/month after 5 winning days of $200+
Elite Trader Funding: Approved daily, paid in Monday / Wednesday batches

Alpha Futures and Elite Trader Funding in brief

Alpha Futures

Every plan trails at end of day and locks at the starting balance. Zero has a soft Daily Loss Guard; Standard has a 50% consistency rule in the evaluation, Advanced a 40% one. Trades on AlphaTrader, TradingView and WealthCharts; no Rithmic, NinjaTrader or Tradovate.

Elite Trader Funding

Three evaluations: 1-Step (intraday trailing), End of Day (end-of-day trailing with a hard daily loss limit) and Static. Minimum 5 trading days, no consistency rule in the evaluation.

How these rules play out

Elite Trader Funding's 1-Step plan trails the drawdown intraday: the floor follows the highest balance the account reaches during the session, open profit included, and never moves back down — a winning trade given back before it is closed still lifts it. For example, at Elite Trader Funding's 1-Step plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.

On Alpha Futures and Elite Trader Funding's End of Day plan the drawdown trails at end of day: the floor is recalculated once, from the closing balance, so open profit given back during the session does not raise it — but equity touching the floor during the session still counts. For example, at Alpha Futures and Elite Trader Funding's End of Day plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.

Elite Trader Funding's Static plan uses a static drawdown: the floor is set once, the drawdown below the starting balance, and does not move for the whole evaluation. For example, at Elite Trader Funding's Static plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.

On Alpha Futures and Elite Trader Funding's 1-Step and End of Day plans the trailing floor stops rising once it reaches breakeven and stays there.

A soft daily loss limit pauses the day instead of failing the account: reach it and open positions are flattened, trading stops until the next session, and the account stays open. Alpha Futures' Zero plan sets it at $1,000 on $50,000. A hard daily loss limit ends the evaluation: one day that loses that much fails the account. Elite Trader Funding's End of Day plan sets it at $1,100 on $50,000. Alpha Futures' Standard and Advanced plans and Elite Trader Funding's 1-Step and Static plans have no daily loss limit, so a losing day is bounded only by the max drawdown.

Alpha Futures and Elite Trader Funding start the trading day at the same moment, 6:00 PM ET (5:00 PM CT); a daily loss limit counts from that reset, not from midnight.

A consistency rule caps how much of the total profit one day may carry. Alpha Futures' Standard plan caps any single day at 50% of total profit, so it takes at least 2 profitable days to finish inside the rule. One day may then carry at most $1,500 of a $3,000 target. Alpha Futures' Advanced plan caps any single day at 40% of total profit, so it takes at least 3 profitable days to finish inside the rule. One day may then carry at most $1,600 of a $4,000 target. Alpha Futures' Zero plan and Elite Trader Funding apply no consistency rule in the evaluation, so one large day can count in full.

Alpha Futures requires at least 1 trading day on Zero, 2 on Standard and 3 on Advanced before a pass; Elite Trader Funding requires at least 5 trading days before a pass.

On automated trading — a strategy or bot sending the orders — Alpha Futures has no written answer on record; at Elite Trader Funding it is not allowed in the evaluation or on a funded account. Written answers: Elite Trader Funding (read ).

Choosing between Alpha Futures and Elite Trader Funding

Alpha Futures and Elite Trader Funding differ on 4 of the evaluation rules compared here: drawdown model, daily loss limit, consistency rule and minimum trading days. If your trades often run into open profit that you give back before closing them, start with the drawdown: Alpha Futures trails at end of day, while Elite Trader Funding trails intraday or at end of day or holds a static floor, depending on the plan. If one or two large days make up most of your profit, the consistency rule sets how fast you can finish: Alpha Futures caps one day at 40–50% of total profit on some plans and has no cap on others; Elite Trader Funding has no consistency rule. If you keep trading after a losing morning, look at what the daily loss limit does: Alpha Futures pauses the day at its daily loss limit on some plans and has no limit on others; Elite Trader Funding fails the account at its daily loss limit on some plans and has no limit on others. To finish in as few sessions as possible, compare the minimum days: Alpha Futures needs 1 to 3 trading days, depending on the plan, Elite Trader Funding needs at least 5 trading days.

Once funded, the profit split is 90/10 at Alpha Futures and 100% of sim profits up to $25K at Elite Trader Funding. Payout terms — Alpha Futures: Up to 4 requests/month after 5 winning days of $200+; Elite Trader Funding: Approved daily, paid in Monday / Wednesday batches. Alpha Futures sells 3 plans: Zero, Standard and Advanced; Elite Trader Funding sells 3 plans: 1-Step, End of Day and Static. Each plan carries its own version of the rules above, which is why they are listed plan by plan. If a strategy or bot will send your orders, Alpha Futures has no written answer on record, and Elite Trader Funding's written answer is not allowed in the evaluation or on a funded account.

Read both rule sets against your own average day, then confirm the current terms on Alpha Futures' site and Elite Trader Funding's site. PassTraq tracks challenges at both firms using the same rule presets shown here.

Alpha Futures vs Elite Trader Funding: quick answers

Which has the larger drawdown at $50K, Alpha Futures or Elite Trader Funding?

Neither: both allow $2,000 on a $50,000 evaluation (Alpha Futures: end-of-day trailing; Elite Trader Funding: intraday trailing).

Does Alpha Futures or Elite Trader Funding have a consistency rule?

Alpha Futures: none on Zero; max 50% of total profit from one day on Standard; max 40% of total profit from one day on Advanced. Elite Trader Funding: none on any plan.

Which has a daily loss limit, Alpha Futures or Elite Trader Funding?

Alpha Futures: a soft limit that pauses the day ($1,000 at $50K) on Zero; no daily loss limit on Standard and Advanced. Elite Trader Funding: no daily loss limit on 1-Step and Static; a hard limit that fails the account ($1,100 at $50K) on End of Day.

Can you trade with a bot or strategy at Alpha Futures or Elite Trader Funding?

Alpha Futures: no written answer on record. Elite Trader Funding: not allowed in the evaluation or on a funded account.

More comparisons

Rules are sourced from each firm's official help centre and can change without notice — always confirm on the firm's site before buying an evaluation. Where a link is a partner link, it is marked as such.