Alpha Futures Discontinues Premium Plan, Voids Pending Payouts

Alpha Futures has announced major structural changes following the termination of its partnership with NinjaTrader (and Tradovate) on July 12, 2026. This has resulted in the immediate closure of their popular "Premium Plan".

What Happened with NinjaTrader?

NinjaTrader severed its relationship with Alpha Futures following a dispute over the launch of Alpha Futures' proprietary platform, "AlphaTrader," which was seen as a competitor. NinjaTrader also alleged disputes regarding outstanding balances, though Alpha Futures has contested this. Because the Premium Plan relied heavily on the NinjaTrader backend, Alpha Futures was forced to discontinue the product entirely.

Premium Plan Discontinuation & Payout Voiding

The Premium Plan was known for highly trader-friendly rules (no daily loss limit, no consistency rules, non-sliding drawdown) that created an unsustainable business model for the firm. Facing mounting liquidity issues, Alpha Futures used this platform disruption as a catalyst to completely liquidate the unprofitable Premium Plan.

While the firm is automatically refunding Premium account subscription fees, they have made the highly controversial decision to void all pending and unpaid performance payouts for Premium users.

Other Plans Migrating

Traders on the "Zero," "Advanced," and "Direct" plans are reportedly unaffected and are being migrated to the firm's new AlphaTrader platform. However, the refusal to honor pending payouts for Premium traders has caused severe industry backlash and raises serious questions about the firm's liquidity and integrity.

Our Take

We have moved Alpha Futures to our Not Recommended list. When a firm voids earned payouts—regardless of the reason for a product closure—it breaks the fundamental trust required for prop trading. We strongly advise traders to exercise extreme caution if continuing to trade on their migrating platforms.