Does Alpha Futures Have a Daily Loss Limit?
The Simple Answer
Only on Zero accounts, and it is a soft breach. Alpha calls it the Daily Loss Guard. Hitting it does not lose you the account, it locks the account until the next trading day at 6 PM ET. Advanced evaluations have no preset daily loss limit at all.
Below is a breakdown of how the Alpha Futures daily loss limit applies across every account type the firm offers.
Daily Loss Limit by Account Type
Breakdown by Account Type
Zero accounts
Zero accounts carry the Daily Loss Guard, set at 2 percent of the starting account balance: $500 on the 25K, $1,000 on the 50K and $2,000 on the 100K. It is measured on each trading day P&L including simulated commissions, fees, and both unrealised and realised trade P&L, so an open losing position counts toward it. If your P&L reaches minus 2 percent at any point during the day, Alpha flattens all open positions, cancels any pending orders and blocks new trades until the next trading day starts at 6 PM ET.
Advanced accounts and Advanced evaluations
There is no Daily Loss Guard on Advanced evaluations or Advanced accounts. Alpha states that traders may set one themselves at any time in their trading platform, which is the sensible move given nothing will stop you otherwise.
Why it is a soft breach
This is the part that separates Alpha from most firms. Hitting the Daily Loss Guard does not fail the account. You keep it, you are simply locked out until the next session. Alpha explains the reasoning directly: it does not want to see qualified traders losing their accounts in a single day, and would rather help them build consistency and discipline.
The warning Alpha gives about it
Alpha is blunt that the Daily Loss Guard is not a stop loss and should not be used as one. It states that using maximum leverage on a single position and treating the daily loss limit as your stop will not be tolerated, and lists that behaviour under prohibited conduct as an all or nothing approach. It also warns that the Guard will not return exact fills at a 2 percent loss: it is a threshold that triggers liquidation market orders, and fills will vary with volatility.
Final Comments
You can monitor the Daily Loss Guard on your Alpha dashboard, and you can set a smaller value for yourself inside your chosen trading platform, which is worth doing since the Guard fires at a level rather than a price.
A daily loss limit is the rule most traders breach first, usually on a day they were already losing. Know your number before the session starts, and check it against your own platform rather than assuming the firm will stop you in time.
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FAQ
Does Alpha Futures have a daily loss limit?
Only on Zero accounts, and it is a soft breach. Alpha calls it the Daily Loss Guard. Hitting it does not lose you the account, it locks the account until the next trading day at 6 PM ET.
What is the daily loss limit on a 25K Zero Account account?
Yes, $500 (2% of starting balance, soft breach). Zero accounts carry the Daily Loss Guard, set at 2 percent of the starting account balance: $500 on the 25K, $1,000 on the 50K and $2,000 on the 100K. It is measured on each trading day P&L including simulated commissions, fees, and both unrealised and realised trade P&L, so an open losing position counts toward it.
What is the daily loss limit on a 50K Zero Account account?
Yes, $1,000 (2% of starting balance, soft breach). There is no Daily Loss Guard on Advanced evaluations or Advanced accounts. Alpha states that traders may set one themselves at any time in their trading platform, which is the sensible move given nothing will stop you otherwise.
What happens if I hit the Alpha Futures daily loss limit?
Alpha is blunt that the Daily Loss Guard is not a stop loss and should not be used as one. It states that using maximum leverage on a single position and treating the daily loss limit as your stop will not be tolerated, and lists that behaviour under prohibited conduct as an all or nothing approach. It also warns that the Guard will not return exact fills at a 2 percent loss: it is a threshold that triggers liquidation market orders, and fills will vary with volatility.
How can I track my Alpha Futures daily loss during the session?
Most futures platforms show realised and unrealised profit and loss live, and commissions usually count toward the limit. Set your own alert well before the number rather than trusting the platform to stop you at it.
