Alpha Futures: why we flag it
UK futures firm — plan retirements and NinjaTrader split; platform migrating to AlphaTrader.
Why it's on the watchlist
Earned payouts were not honored. On 12 July 2026 Alpha closed its Premium plan and converted pending, already-earned payouts into refunds of the account fee — traders who had qualified were handed their evaluation cost back instead of the money they had made. The same week NinjaTrader terminated Alpha's contract after Alpha launched its own competing platform, forcing a migration to AlphaTrader; Premium was the second plan retired in roughly ten weeks, after Standard ended on 1 May. Prop Firm Match, PropFirmWise and PickAPropFirm all delisted the firm within days. We removed our affiliate link and do not recommend starting an evaluation here. Refunding a fee is not the same as paying what was owed.
Fine print & rules (10)
- Activation fee
- Yes (waived on Zero)
- Reset fee
- Monthly sub; 2 Qualified Resets (Zero)
- Daily loss limit
- Daily Loss Guard (some plans)
- Min payout
- $200 (Standard)
- Premium plan discontinued July 12, 2026 — pending Premium payouts converted to fee refunds
- Standard plan retired May 1, 2026 — second plan retirement in ~10 weeks
- NinjaTrader terminated Alpha's contract; migrating to in-house AlphaTrader
- 40% consistency rule (Zero)
- No bots/EA, hedging, weekend holds, HFT
- EOD drawdown only
Quick answers
Is Alpha Futures recommended on PropFirmQuiz?
No. Earned payouts were not honored. On 12 July 2026 Alpha closed its Premium plan and converted pending, already-earned payouts into refunds of the account fee — traders who had qualified were handed their evaluation cost back instead of the money they had made. The same week NinjaTrader terminated Alpha's contract after Alpha launched its own competing platform, forcing a migration to AlphaTrader; Premium was the second plan retired in roughly ten weeks, after Standard ended on 1 May. Prop Firm Match, PropFirmWise and PickAPropFirm all delisted the firm within days. We removed our affiliate link and do not recommend starting an evaluation here. Refunding a fee is not the same as paying what was owed. It's listed here for transparency, without an affiliate link.
How much does Alpha Futures cost?
Alpha Futures sits in our mid entry-cost tier. We don't publish exact dollar prices because firms move them with every promo — check live pricing at the firm's checkout, which is current by definition.
What is Alpha Futures's profit split?
90% (Zero/Advanced)
What drawdown model does Alpha Futures use?
EOD trailing MLL (locks at start)
How fast are Alpha Futures payouts?
Weekly (Zero/Advanced)
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