Alpha Futures is the futures arm of Alpha Capital Group, and it runs the same two-code structure as its parent: a standing affiliate code that works year-round, and campaign codes that change with whatever promotion is running. The listing above this article shows which is live.
The distinction matters more for futures than it does for forex. Futures challenges are usually cheaper than CFD evaluations to begin with, so a campaign discount can move the entry price by a meaningful amount relative to the total — and the difference between the two codes is often larger than the difference between two account sizes.
Futures challenges work differently from forex evaluations
Alpha Futures is CME-only — ES, NQ, CL, GC, RTY and YM, in both mini and micro contracts — and it runs one-step evaluations on a monthly subscription rather than the one-off fee most forex firms charge. That subscription model is the biggest structural difference and it interacts with discounts in a way worth understanding.
If you have traded a forex prop challenge before, the futures model will still feel familiar, but the mechanics underneath are not the same. The three differences that matter most:
- You trade real exchange-traded contracts. CME futures rather than CFDs on spot forex. Fixed contract sizes, exchange trading hours, and a defined tick value instead of a lot-size calculation.
- Drawdown is measured end-of-day and freezes. Alpha's Maximum Loss Limit trails on closing balance rather than intraday equity, so a spike against your position does not immediately tighten your failure line. It also stops trailing once it reaches your starting balance — after that, your cushion cannot shrink further.
- Platforms are different and not interchangeable. Alpha Futures uses its own AlphaTrader plus TradingView, WealthCharts, Quantower and Deepchart. You pick one, and you cannot switch after purchase. If you are migrating from forex, budget time to learn the order-entry workflow before you need it.
None of these are reasons to avoid futures challenges. They are reasons not to assume your forex habits transfer cleanly.
A monthly subscription also changes the maths on a discount. A percentage off a recurring fee compounds over every month you stay subscribed, so the saving is larger than the same percentage off a one-time evaluation — but it only accrues if you actually stay. If you expect to pass inside the first month, the discount is worth roughly what it looks like.
Applying the code
- Copy the code from the listing above.
- Follow the link through to Alpha Futures' account selection.
- Pick your account size and plan.
- Paste the code into the promo code field at checkout.
- Confirm the order total drops before you pay.
If the total does not change, the code you have does not apply to that plan or has expired. Campaign codes in particular are date-bound — a code that worked last month will usually fail without warning.
What to check on an Alpha Futures challenge
The discount reduces your entry cost. Whether the challenge is worth entering at all depends on rules it does not touch:
- Trailing or static drawdown, and whether the trailing line follows unrealised profit as well as realised. Alpha's Maximum Loss Limit is end-of-day and freezes at your starting balance, which makes it more forgiving than a purely trailing line.
- Daily loss limit basis — balance or equity, and whether it resets on a session or calendar day. Note that Alpha's Standard evaluations and its Advanced plan carry no daily loss guard, while its other plans do.
- Payout conditions. Alpha requires a set number of winning days before you can withdraw rather than a minimum dollar amount, and it caps how much you can take per cycle.
- Platform and data fees. Some firms pass exchange data costs to you separately from the challenge price — which can partly undo what the discount saved.
- Subscription versus one-time pricing. Because Alpha Futures bills monthly, confirm whether the code applies to every billing cycle or only the first.
PFTrace tracks the firm's current offer and pricing on the Alpha Futures discount code page, and the glossary covers the terminology if you need it.
Frequently asked questions
Is Alpha Futures a separate company from Alpha Capital Group?
It is a separate brand and a separate futures programme, operating as the futures division of Alpha Capital Group rather than as an independent firm.
Do the same codes work for both Alpha Futures and Alpha Capital Group?
Not necessarily. Each brand runs its own listings, and a code for one does not automatically apply to the other. Check the listing for the brand you are actually buying from.
Are there discounts on reset fees?
Sometimes — some campaigns include resets, and some exclude them. The listing above reflects what is currently covered.