Alpha Futures vs. The 5%ers: A Detailed Comparison

Alpha Futures vs. The 5%ers

Alpha Futures and The 5%ers are two prop trading firms catering to different types of traders with unique evaluation processes, trading rules, and market specializations. This in-depth comparison explores their features, rules, trading platforms, payout systems, and more to help traders determine the best fit for their goals.


1. Company Overview

Alpha Futures

  • Founded: 2024
  • Headquarters: London, United Kingdom
  • Specialization: Futures trading
  • Leadership: CEO Ben Chaffee, who also leads Alpha Capital Group, focused on forex trading.
  • Mission: To expand access to futures trading, catering to international markets outside the U.S.

The 5%ers

  • Founded: 2016
  • Headquarters: Israel
  • Specialization: Forex and CFDs
  • Leadership: Founded by Gil Ben Our and Snir Achiel, experienced traders with a mission to empower global traders.
  • Mission: To offer scalable growth opportunities to traders with diverse programs tailored to different skill levels.

2. Evaluation Programs

Alpha Futures

  • Evaluation Type: One-step evaluation.
  • Profit Target: Achieve a 6% profit target during the evaluation.
  • Drawdown Limits:
    • Maximum Drawdown: 4% of the account balance, based on daily balance (not equity highs).
    • Daily Drawdown: None, allowing greater flexibility for traders.
  • Consistency Rule: 50% of profits must come from consistent trading, ensuring steady performance.
  • Minimum Trading Days: None, allowing traders to complete the evaluation at their own pace.
  • Maximum Trading Days: Unlimited.
  • Account Sizes and Fees:
    • $50,000 account: $79/month.
    • $100,000 account: $159/month.
    • $150,000 account: $239/month.

The 5%ers

  • Evaluation Types:
    • Bootcamp Program:
      • Three-step evaluation, requiring a 6% profit target at each step.
      • Maximum Loss: 5%.
      • Leverage: 1:10.
      • Account Sizes: $5,000 to $250,000.
      • Time to Complete: Unlimited.
    • High Stakes Program:
      • Two-step evaluation:
        • Phase 1: Profit target of 8% with a maximum loss of 10%.
        • Phase 2: Profit target of 5% with a maximum loss of 10%.
      • Leverage: 1:100.
      • Account Sizes: $10,000 to $100,000.
      • Time to Complete: Flexible.
    • Hyper Growth Program:
      • Instant funding without evaluation.
      • Profit Target: 10%.
      • Maximum Loss: 6%.
      • Account Sizes: $10,000 to $40,000.
      • Scaling: Up to $4 million.
  • Profit Split: Starts at 50% and scales up to 100%.

Key Differences:

  • Alpha Futures has a simpler one-step evaluation process with no time limits but stricter profit and drawdown rules.
  • The 5%ers offer multiple evaluation options, including instant funding, making them more accessible to traders with different goals.

3. Trading Platforms

Alpha Futures

  • Proprietary Platform: AlphaTicks
    • Integrated with TradingView for advanced charting and analysis.
    • User-friendly interface, supporting up to 8 chart windows.
    • Built-in technical indicators and drawing tools.
  • Platform Restrictions: Does not allow external platforms like NinjaTrader or MetaTrader.

The 5%ers

  • Platforms:
    • MetaTrader 5 (MT5): A widely used platform for forex and CFD trading.
    • Match-Trader: Advanced features for high-frequency and professional traders.
    • Proprietary dashboard for account monitoring and performance analytics.

Key Differences:

  • Alpha Futures’ AlphaTicks is tailored specifically for futures trading, while The 5%ers provide MT5 and Match-Trader, which are preferred for forex and CFD traders.

4. Tradable Instruments

Alpha Futures

  • Specialization: Futures trading.
  • Available Instruments:
    • Equity Futures
    • Forex Futures
    • Agricultural Futures
    • Energy Futures
    • Metals Futures
    • Interest Rate Futures

The 5%ers

  • Specialization: Forex and CFDs.
  • Available Instruments:
    • Forex pairs
    • Indices
    • Commodities
    • Metals
    • Cryptocurrencies
    • Stocks (through a partner platform)

Key Differences:

  • Alpha Futures is ideal for traders exclusively focused on futures markets, while The 5%ers provide broader access to forex, indices, and stocks, appealing to multi-asset traders.

5. Profit Splits and Payouts

Alpha Futures

  • Profit Split: Up to 90%.
  • Payout Frequency: Bi-weekly payouts.
  • Conditions: Traders must meet profit thresholds before requesting withdrawals.

The 5%ers

  • Profit Split: Ranges from 50% to 100%, depending on performance and the chosen program.
  • Payout Frequency: Flexible, depending on the program.
  • Conditions: No minimum thresholds; payouts are performance-based.

Key Differences:

  • Alpha Futures’ profit split is fixed at 90%, whereas The 5%ers offer scalability to 100%, providing higher long-term earning potential for consistent traders.

6. Red Flags and Concerns

Alpha Futures:

  1. Limited Track Record:
    • As a newly established firm, Alpha Futures lacks an extensive reputation for payouts and transparency.
  2. Platform Limitations:
    • Traders are restricted to using AlphaTicks, which may not suit those accustomed to more widely used platforms.
  3. Subscription Fees:
    • Monthly fees continue even if traders fail the evaluation, adding ongoing costs.
  4. Consistency Rule:
    • The 50% consistency rule may penalize traders who rely on high-profit trades for success.

The 5%ers:

  1. High Initial Costs:
    • Bootcamp and High Stakes programs can be expensive, especially for smaller accounts.
  2. Scaling Challenges:
    • While scaling opportunities are extensive, meeting the required milestones may be difficult for some traders.
  3. Strict Risk Management Rules:
    • Drawdown limits and leverage constraints may be restrictive for high-risk strategies.

7. Scaling Opportunities

Alpha Futures

  • Scaling Plan: Limited details on scaling beyond initial account sizes ($150,000 cap).

The 5%ers

  • Scaling Plan: Structured growth to $4 million through consistent performance.

Key Differences:

  • The 5%ers provide a well-defined scaling plan, making them ideal for traders seeking long-term growth.

Conclusion

Alpha Futures

  • Best For: Futures traders who value simplicity and want a firm focused solely on their niche.
  • Strengths: Straightforward evaluation, competitive profit split, and no daily drawdown limits.
  • Weaknesses: Limited track record, proprietary platform restrictions, and monthly subscription fees.

The 5%ers

  • Best For: Multi-asset traders looking for flexible evaluation options, extensive scaling opportunities, and access to forex and CFDs.
  • Strengths: Multiple evaluation paths, high potential profit splits, and a well-established reputation.
  • Weaknesses: Higher costs for advanced programs and stricter drawdown limits.

Recommendation:
Choose Alpha Futures if you specialize in futures trading and want a streamlined evaluation process.
Opt for The 5%ers if you value flexibility, access to multiple asset classes, and long-term scaling potential.

about The Firm ​

Alpha Futures

Alpha Futures, launched in July 2024 in the UK, is a prop firm focused on futures trading. They offer simulated accounts with funding up to $450,000 and a 90% profit split. Traders qualify by hitting a 6% profit target while staying within a 4% loss limit. Using the AlphaTicks platform, integrated with TradingView, traders access CME Group products like indices, currencies, and commodities. The firm supports traders with education and tools to expand futures trading globally.

View More in Alpha Futures

The 5%ers

The 5%ers is a proprietary trading firm offering funded accounts with profit splits up to 100%. Traders can qualify by completing evaluation programs that test their consistency and risk management skills. Account sizes and evaluation models vary, catering to different trading styles. The firm supports trading on MT5, providing access to forex, indices, commodities, stocks, and cryptocurrencies. With strict rules on daily loss and overall drawdown, The 5%ers focuses on disciplined trading. They also offer educational resources and a supportive community to help traders develop their skills and succeed in the program.

View More in The 5%ers

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