Alpha Futures Direct Qualified — trailing drawdown — 150k
Alpha Futures Direct Qualified's trailing drawdown limit is 3% of the account balance, and the floor never moves below the highest point reached. The rule above is fixed; what it means for your account is not — run your own win rate and average R against Alpha Futures's full published rule set in the free calculator at run your own book against Alpha Futures — free.
Alpha Futures's Direct Qualified (instant-funded: skips the Evaluation stage, starts directly on a Qualified/funded account) models its maximum drawdown as a trailing floor at the 150k account size: the threshold tracks the highest end-of-day closed balance and never moves back down. The floor stops trailing once it locks; the corpus records a lock condition for this program.
| Field | Value |
|---|---|
| Allowance | 3% ($4,500) |
| Basis | end-of-day balance |
| Includes unrealized P&L | Yes |
| Evaluated | intraday, continuously |
| Locks / freezes | Locks at the initial account balance |
Unresolved in Alpha Futures's own documentation (read, not reconciled): whether the drawdown floor is tested continuously through the day or only at the end-of-day close.
How large is Alpha Futures Direct Qualified's trailing drawdown?
Alpha Futures Direct Qualified allows a trailing drawdown of 3% of the account balance.
What does Alpha Futures Direct Qualified's trailing drawdown track?
It tracks the highest end-of-day closed balance, and the floor never moves back down.
Does Alpha Futures Direct Qualified's trailing drawdown stop trailing?
Yes — the corpus records a lock condition, so the floor stops trailing once it locks.
See this rule against your own numbers
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