Alpha Futures vs FundedNext Futures

Alpha Futures vs FundedNext Futures: the same trade, two different rule sets

Both fund futures traders and both cap what you can lose — but they do it differently. Alpha Futures runs intraday trailing, FundedNext Futures runs end-of-day trailing. That single line decides which of the two you can actually trade.

Track either one free →Test the drawdown

Comparisons › Alpha Futures vs FundedNext Futures

The rules, side by side

RuleAlpha FuturesFundedNext Futures
Drawdown typeIntraday trailingEnd-of-day trailing
Daily loss limitno limit in the presetno limit in the preset
Consistency ruleno limit in the preset40%
Minimum trading daysnonenone
Account sizes$50K · $100K · $150K$25K · $50K · $100K · $150K

Typical values for each firm's standard accounts. "No limit in the preset" means Propbook's default account for that firm carries no such rule — other plans from the same firm may, and firms change their terms, so check your own contract.

Account by account

AccountAlpha FuturesFundedNext Futures
$50K$2,500
target $3,000 · 1.20 to make per $1 of room
$1,500
target $2,500 · 1.67 to make per $1 of room
$100K$3,000
target $6,000 · 2.00 to make per $1 of room
$2,500
target $5,000 · 2.00 to make per $1 of room
$150K$4,500
target $9,000 · 2.00 to make per $1 of room
$4,000
target $7,500 · 1.88 to make per $1 of room

Drawdown room and profit target for each firm's account of that size. The last figure is how many dollars of target you must make for every dollar of room you are given — the lower it is, the more forgiving the account.

What actually separates them

Trading style

Alpha Futures uses intraday trailing: the line follows every tick of unrealised profit, so giving back an open winner tightens it immediately. FundedNext Futures is the one to pick if you scale out of winners or hold through a pullback — with Alpha Futures, that same pullback eats your room.

One big day

Alpha Futures allows your best day to be any share of total profit; FundedNext Futures caps it at 40%. If your edge comes from a few large sessions, the tighter rule is what will hold your payout back.

Trading both? Track both.

Propbook holds a Alpha Futures and a FundedNext Futures account side by side, each with its own rules. After every day you log, it recalculates the drawdown, the daily loss, the consistency rule and the payout conditions of each one, and warns you on Telegram while you can still stop. The journal is free, with no card.

FAQ

Which is easier to pass, Alpha Futures or FundedNext Futures?

Neither is easy, and the honest answer depends on how you trade. Alpha Futures uses intraday trailing: the line follows every tick of unrealised profit, so giving back an open winner tightens it immediately. FundedNext Futures is the one to pick if you scale out of winners or hold through a pullback — with Alpha Futures, that same pullback eats your room.

Can I run a Alpha Futures and a FundedNext Futures account at the same time?

Yes — they are separate firms with separate rules. What trips traders up is tracking two different rule sets at once. Propbook holds every account of every firm in one place and recalculates each rule the moment you log a day.

Does the drawdown type really change that much?

It changes what you can do with an open position. Alpha Futures: the line follows every tick of unrealised profit, so giving back an open winner tightens it immediately. FundedNext Futures: the line only moves when the session closes, so an open winner you give back does not tighten it.

Are these numbers current?

They are the rule sets Propbook ships as presets, checked against each firm's public pages. Firms change their terms without notice, so confirm on Alpha Futures's and FundedNext Futures's own sites before you buy an evaluation — and every value stays editable in the app.

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