Alpha Futures vs The5ers Futures: 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 The5ers Futures' $2,000 (end-of-day trailing), 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 bi-weekly (every 14 days) at The5ers Futures.
| Rule (evaluation phase) | AFAlpha FuturesZero model | |
|---|---|---|
| $25,000 account | ||
| Profit target | $1,500 | $1,500 |
| Daily loss limit | $500 (soft pause) | None |
| Max drawdown | $1,000 | $1,000 |
| $50,000 account | ||
| Profit target | $3,000 | $3,000 |
| Daily loss limit | $1,000 (soft pause) | None |
| Max drawdown | $2,000 | $2,000 |
| Firm-wide | ||
| Drawdown model | End-of-day trailing, locks at breakeven | End-of-day trailing |
| Consistency rule | None | not verified — check the firm's site |
| Minimum trading days | 1 trading day | None |
| Profit split | 90/10 | 80/20 |
| Payout frequency | Up to 4 requests/month after 5 winning days of $200+ | Bi-weekly (every 14 days) |
| Account sizes offered | $25,000 · $50,000 · $100,000 | $25,000 · $50,000 |
| Rules confidence | Rules verified | Rules approximate |
Alpha Futures figures are for the Zero model; it also sells: Standard, Advanced.
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 The5ers Futures' site. Spotted a rule that changed? Tell us.
Where Alpha Futures and The5ers Futures differ
- Daily loss limit
- Alpha Futures: Soft pause, $1,000 at $50K on Zero; none on Standard and Advanced
- The5ers Futures: None
- Minimum trading days
- Alpha Futures: 1 trading day on Zero; 2 trading days on Standard; 3 trading days on Advanced
- The5ers Futures: None
- Plans sold
- Alpha Futures: 3 plans: Zero, Standard and Advanced
- The5ers Futures: One evaluation model
- Account sizes, all plans
- Alpha Futures: $25K · $50K · $100K · $150K
- The5ers Futures: $25K · $50K
- Profit split
- Alpha Futures: 90/10
- The5ers Futures: 80/20
- Payouts
- Alpha Futures: Up to 4 requests/month after 5 winning days of $200+
- The5ers Futures: Bi-weekly (every 14 days)
Alpha Futures and The5ers Futures 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.
The5ers Futures
One evaluation, Day Trade or Swing. A 6% profit target and a 4% end-of-day trailing max loss, with no published daily loss limit. A 40% consistency rule delays the pass but is never a breach. BlackArrow only; no Rithmic.
How these rules play out
On Alpha Futures and The5ers Futures 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 The5ers Futures a $50,000 account starts with its floor at $48,000, $2,000 under the start.
On Alpha Futures 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. Alpha Futures' Standard and Advanced plans and The5ers Futures have no daily loss limit, so a losing day is bounded only by the max drawdown.
Alpha Futures starts the trading day at 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 applies 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; The5ers Futures sets no minimum number of days.
Choosing between Alpha Futures and The5ers Futures
Alpha Futures and The5ers Futures differ on 2 of the evaluation rules compared here: daily loss limit and minimum trading days. 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; The5ers Futures has no daily loss limit. To finish in as few sessions as possible, compare the minimum days: Alpha Futures needs 1 to 3 trading days, depending on the plan, The5ers Futures sets no minimum.
Once funded, the profit split is 90/10 at Alpha Futures and 80/20 at The5ers Futures. Payout terms — Alpha Futures: Up to 4 requests/month after 5 winning days of $200+; The5ers Futures: Bi-weekly (every 14 days). Alpha Futures sells 3 plans: Zero, Standard and Advanced; The5ers Futures sells one evaluation model. Each plan carries its own version of the rules above, which is why they are listed plan by plan.
Read both rule sets against your own average day, then confirm the current terms on Alpha Futures' site and The5ers Futures' site. PassTraq tracks challenges at both firms using the same rule presets shown here.
Alpha Futures vs The5ers Futures: quick answers
Which has the larger drawdown at $50K, Alpha Futures or The5ers Futures?
Neither: both allow $2,000 on a $50,000 evaluation (Alpha Futures: end-of-day trailing; The5ers Futures: end-of-day trailing).
Which has a daily loss limit, Alpha Futures or The5ers Futures?
Alpha Futures: a soft limit that pauses the day ($1,000 at $50K) on Zero; no daily loss limit on Standard and Advanced. The5ers Futures: no daily loss limit.
How many trading days do Alpha Futures and The5ers Futures require?
Alpha Futures: 1 trading day on Zero; 2 trading days on Standard; 3 trading days on Advanced. The5ers Futures: no minimum.
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.