Apex vs Alpha Futures

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

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

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Comparisons › Apex vs Alpha Futures

The rules, side by side

RuleApexAlpha Futures
Drawdown typeIntraday trailingIntraday trailing
Daily loss limitno limit in the presetno limit in the preset
Consistency rule30%no limit in the preset
Minimum trading days1none
Account sizes$25K · $50K · $100K · $150K · $250K · $300K$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

AccountApexAlpha Futures
$50K$2,500
target $3,000 · 1.20 to make per $1 of room		$2,500
target $3,000 · 1.20 to make per $1 of room
$100K$3,000
target $6,000 · 2.00 to make per $1 of room		$3,000
target $6,000 · 2.00 to make per $1 of room
$150K$5,000
target $9,000 · 1.80 to make per $1 of room		$4,500
target $9,000 · 2.00 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

One big day

Alpha Futures allows your best day to be any share of total profit; Apex caps it at 30%. If your edge comes from a few large sessions, the tighter rule is what will hold your payout back.

Time to payout

Alpha Futures asks for 0 trading days before you can be paid, Apex for 1. On speed alone Alpha Futures is ahead, but the days only matter once the target is cleared.

Trading both? Track both.

Propbook holds a Apex and a Alpha 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.

Open the free journal →Apex rulesAlpha Futures rules

FAQ

Which is easier to pass, Apex or Alpha Futures?

Neither is easy, and the honest answer depends on how you trade. Alpha Futures allows your best day to be any share of total profit; Apex caps it at 30%. If your edge comes from a few large sessions, the tighter rule is what will hold your payout back.

Can I run a Apex and a Alpha 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. Apex: the line follows every tick of unrealised profit, so giving back an open winner tightens it immediately. Alpha Futures: the line follows every tick of unrealised profit, so giving back an open winner tightens it immediately.

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 Apex's and Alpha Futures's own sites before you buy an evaluation — and every value stays editable in the app.

Keep reading

Apex vs Take Profit TraderApex vs FundedNext FuturesApex vs Earn2TradeTopstep vs Alpha Futures

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