Alpha Futures

JULY 2026: NINJATRADER SPLIT, PREMIUM PAYOUTS DISPUTED, THEN PARTIALLY REVERSED

Update, July 2026: NinjaTrader sent Alpha Futures a termination notice on July 9, 2026, alleging an invoice balance over 3 months overdue; the partnership ended July 12, days after Alpha launched its own competing platform, AlphaTrader. Alpha publicly disputed NinjaTrader's account, stating a prior $2.4M overcharge dispute was settled in Feb 2026 and that the disputed $225,700 was believed to be settlement credit rather than new debt (source: Alpha Futures on X). Regardless of who was right, the fallout was real: Alpha's NinjaTrader-dependent Premium Plan became unviable and was closed, and Alpha initially converted affected traders' already-earned Premium payouts into account refunds instead of paying them out. Prop Firm Match delisted Alpha Futures the same day, July 12, citing traders losing payouts they'd already earned without breaking any stated rule (source: Prop Firm Match on X). On July 15, under trader and review-site pressure, Alpha reversed course - announcing an initial batch payment of 10% of outstanding Premium payouts, same-day payouts resuming on Zero/Advanced accounts, and that remaining Premium traders would be contacted by email about further timelines (source: Alpha Futures on X and its official site). As of July 25, 2026, we have found no public update on further payout batches or on whether Prop Firm Match has relisted Alpha Futures since that July 15 announcement - we will keep monitoring and update this page as soon as either happens. We are disclosing this prominently because it directly affects trust in a firm we have an active affiliate relationship with - we have not removed Alpha Futures as a partner, but you should weigh this incident heavily before funding an account, especially given the Premium Plan is now closed entirely. Full timeline on our Investigations page. Beyond this incident: Trustpilot independently shows a strong ~4.9/5 rating across a large review volume, with common 1-star complaints centered on disputed rule enforcement and account terminations following payout requests - the same complaint categories seen across most prop firms. We found no lawsuits or regulatory action against Alpha Futures. Sister brand Alpha Capital Group (same parent company, forex side) separately mass-banned roughly 150 trader accounts in June 2024 over suspected group-trading violations. Confirm current rules directly on alpha-futures.com before funding an account.