Alpha Capital Max Risk Rule Audit: Per-Asset Limits, 10-Minute Clause and Sizing + COMPARE50

Alpha Capital's Max Risk Rule closes a Qualified account when combined losing exposure on a single asset reaches 3% on $5K–$25K accounts, 2% on $50K–$200K accounts, or 1% on any Alpha Direct account. It applies to accounts purchased after the 21 July 2026 announcement, sits on top of the daily and overall drawdown floors, and is the rule most often missed by traders who scale into positions.

This audit explains how the rule is measured, works through the dollar thresholds for every size, shows the 10-minute reopen clause, and gives a sizing method that keeps each asset under the limit. Source: Alpha Capital's official Max Risk Rule article and plan pages, reviewed on 1 November 2026. Coupon codes COMPARE50 (50% off a first purchase) and COMPARE (30% off later purchases) do not change this rule.

In this audit:

1. The rule in one table
2. How exposure is combined
3. The 10-minute reopen clause
4. Worked examples
5. Max Risk vs daily loss vs lot cap
6. Sizing method
7. Which accounts are exempt
8. Coupon codes

The rule in one table

Reaching the threshold closes the account. It is not a soft breach or a warning.

How exposure is combined

• All open losing positions on the same asset are summed.
• Winning positions on that asset do not offset the losers.
• The measure is floating loss on the asset, not margin or lot size.
• Different assets are measured separately; EURUSD and GBPUSD are not combined, even though they are correlated.

Example on a $100K Pro (2% = $2,000): three EURUSD longs at −$900, −$700 and −$500 total −$2,100 and breach the rule, even though a fourth EURUSD short at +$1,200 would net the asset to −$900.

The 10-minute reopen clause

Closing a position on an asset and reopening in the same direction within 10 minutes combines the closed loss with the new position's loss for the purpose of the rule. A trader who takes a −$1,200 loss on GBPUSD, re-enters long two minutes later and goes −$900 on the new trade is at −$2,100 on a $100K standard account and breaches.

Waiting more than 10 minutes, or re-entering in the opposite direction, starts a fresh measurement.

Worked examples

Max Risk vs daily loss vs lot cap

On a $100K Pro 8%, the daily floor allows $4,000 of total loss, but the Max Risk Rule allows only $2,000 of it on any single asset. A trader fully concentrated in one pair effectively has a 2% daily limit, not 4%.

Sizing method

1. Take the account's threshold (e.g. $2,000 on a $100K standard).
2. Decide how many entries you may add to the asset (e.g. 3).
3. Set each entry's maximum loss to threshold ÷ entries, minus a slippage margin (e.g. $600 each).
4. If you scale in, do not add a position whose stop would push combined floating loss past the threshold.
5. After a stop-out, wait more than 10 minutes before re-entering in the same direction.

Which accounts are exempt

The official article applies the rule to accounts purchased after 21 July 2026. Accounts acquired before that date keep their original terms. Evaluation accounts are not subject to the Qualified Max Risk Rule, but the daily and overall floors apply at every stage, and Alpha Direct, which is Qualified from purchase, is covered at 1% from day one.

Alpha Capital coupon codes

Coupon code COMPARE50 gives 50% off a first purchase and COMPARE gives 30% off a later purchase on Pro 6%, Pro 8%, One 10% and Swing base fees: Pro 6% $5K $27 → $13.50 / $18.90, One 10% $100K $477 → $238.50 / $333.90, Swing $25K $247 → $123.50 / $172.90. Direct is not covered. The codes change the purchase price only.

See the Alpha Capital coupon page, the lot cap guide, the daily drawdown guide, the Alpha Direct rules and the Alpha Capital audit.

Coupon recap: COMPARE50 50% off first purchase; COMPARE 30% off later purchases. Rules checked on 1 November 2026. Prop Firm Audit may earn a referral commission from partner links or codes. Evaluation fees are purchase costs and can be lost; a discount does not change trading rules.