Alpha Futures opened a no-evaluation product on July 7, 2026. The Direct Account puts a trader into a Qualified account from day one for a one-time fee, with no monthly subscription and no challenge to pass. Payouts require hitting a withdrawal profit target and clearing a 20% consistency rule, and each request is capped between $1,000 and $3,000 depending on account size.
What changed
The firm’s help center dates the product plainly: “The Direct Account is available as of July 7th, 2026.” There is no evaluation phase, and the same page says traders start in a Qualified Account from day one and that every Direct plan is a one-time fee with no monthly subscription. The accounts are simulated, so the fee buys a simulated-trading service.
Alpha’s launch post names the line Direct Qualified and lists four sizes, $25K, $50K, $100K and $150K, with a 35% launch discount on all four under the code DIRECT35 (Alpha Futures, July 7, 2026).
Direct plan prices and loss limits
Alpha’s plan page lists the fee, the maximum loss limit measured at the end of the day, the daily loss limit and the cap on a single payout request (Alpha Futures).
| Account | One-time fee | End-of-day max loss | Daily loss limit | Payout cap per request |
|---|---|---|---|---|
| 25K | $349 | $1,000 | $500 | $1,000 |
| 50K | $519 | $2,000 | $1,000 | $2,000 |
| 100K | $689 | $3,000 | $2,000 | $2,500 |
| 150K | $859 | $4,500 | $3,000 | $3,000 |
How Direct payouts work
The profit split is 90%, with up to four payout requests a month (Alpha Futures Help Center). Before a request qualifies, the account has to reach a withdrawal profit target and satisfy a 20% consistency rule, and the firm says Direct has no scaling plan.
The first withdrawal target is $1,500 on the 25K, $3,000 on the 50K, $6,000 on the 100K and $9,000 on the 150K. After the first payout the targets fall to $1,000, $2,000, $4,000 and $6,000 (Alpha Futures). The help center adds that the target resets after each withdrawal and that leftover profit does not carry over to the next one.
What to check before buying
The per-request cap and the withdrawal target are separate numbers, and on the larger plans they do not match. A 100K account has to reach $6,000 in profit for its first payout, but one request tops out at $2,500, so clearing the target does not mean moving all of it out at once.
The 20% consistency rule is an eligibility condition for every withdrawal, not a one-time hurdle, and the profit reset means a strong run above the target is not banked toward the following payout. Traders should read Alpha’s own rule pages for how each is measured.
