Alpha Futures Daily Loss Guard: Liquidation, Lockout and Reset Rules

Quick answer

Alpha Futures' Daily Loss Guard is a session lockout control. On accounts that use it, reaching the threshold triggers liquidation, cancels working orders and prevents new trades until the next trading day. It is separate from the maximum-loss boundary that can end the account.

Coupon code: COMPARE. PFA lists up to 50% off Alpha Futures account purchase fees. View the Alpha Futures offer.

Official documentation reviewed: 15 October 2026.

Guard availability depends on plan and stage

The Daily Loss Guard guide identifies Zero's guard as 2% of starting balance and says Advanced has no preset guard. The Standard product table distinguishes its evaluation from qualified stage.

Do not apply Standard's evaluation exemption to the qualified account. The account stage is part of the rule.

Realized and unrealized losses are counted together

For an invented Zero $25,000 account, 2% corresponds to $500.

Suppose the session record contains $220 realized loss, $260 unrealized loss and $15 commission and fees. The combined negative session result is $495, leaving only $5 before the $500 trigger in this simplified ledger.

A closed-trade report showing only the $220 realized loss would miss most of the current exposure.

Use the platform's actual accounting so that a fee included in reported P&L is not deducted twice. The purpose of this example is to reconcile the inputs.

What liquidation and lockout do

The official guide sets the reopening point at the next trading day, 6 PM ET. It also explains that the threshold sends market liquidation orders; it does not guarantee an exact fill at the threshold.

After a trigger, inspect the executed close, canceled order records and account state. An order's intended close price is not a substitute for the actual execution report.

A lockout is not a fresh maximum-loss allowance. If the hard loss floor has also been touched, waiting until the next session does not undo that event.

Compare the guard with remaining hard-floor room

Consider an account whose guard still has $400 of unused room, while current equity is only $150 above the active maximum-loss floor. The hard floor can be reached first.

The reverse is possible as well: a session guard can trigger while considerable room remains above the hard floor. Both values belong in the pre-session record.

Keep the session guard, current equity and active maximum-loss level in separate columns. Combining them into one daily limit can produce the wrong response after a loss.

The existing intraday equity guide explains the hard floor's end-of-day update and intraday enforcement.

COMPARE purchase savings

The official Standard page lists the $50K evaluation at $129 monthly. PFA's maximum 50% offer yields a calculated $64.50 initial base fee when that rate applies.

That arithmetic is for purchase cost. It neither changes the guard nor establishes a recurring subscription discount.

Choose the account and stage, enter COMPARE in the coupon field and apply the listed account-specific rate before payment. Keep renewal and reset charges as separate budget lines.

Read the Alpha Futures review and DCA conduct guide to connect session controls with the trading policy. Prop Firm Audit may receive a referral commission from qualifying purchases.