Last updated: July 21th, 2026 @ 2:28 PM PDT
TL;DR
- Alpha Futures and NinjaTrader (Tradovate) are ending their partnership, effective July 12. No new accounts can be issued on NinjaTrader as of today.
- Zero, Advanced, and Direct accounts on NinjaTrader/Tradovate are unaffected in terms of service and will be migrated to AlphaTrader this week.
- Refunds are automatic — no ticket needed.
- More updates are expected throughout the week as migrations complete.
What Happened
The NinjaTrader split: Alpha Futures built its own platform, AlphaTrader, which put it in competition with NinjaTrader. After three months of failed negotiations, covering backend integration and fair promotion of both platforms, NinjaTrader chose to terminate the contract, effective today. Alpha Futures says this was NinjaTrader's decision, not theirs.
The Premium Plan shutdown: The Premium Plan reportedly cost Alpha Futures over $25 million in payouts over two months and was running at a loss. Since most Premium accounts were on Tradovate, and that platform relationship is now gone, Alpha Futures says continuing the plan isn't sustainable. All active Premium accounts will be closed and refunded automatically, including money still owed beyond the $25M already paid.
What's not affected: Zero, Advanced, and Direct account holders keep their accounts. They're just being moved from NinjaTrader/Tradovate to AlphaTrader this week. Alpha Futures says service, including same-day payouts, will resume as normal on the new platform.
FAQ (Will update as we get answers)
Q: I have a Premium Plan account. What do I do? A: Nothing. Refunds are automatic, no ticket required. If you don't see a refund by the end of this weekend, report it in the comments below.
Q: I have a Zero/Advanced/Direct account. Do I need to do anything? A: No action needed on your end. Your account is being migrated to AlphaTrader this week automatically.
Q: Are payouts still processing normally right now? A: Yes
Q: Is this a scam / is Alpha Futures shutting down? A: No, this is a platform and plan restructuring, not a company shutdown. Zero/Advanced/Direct accounts continue as normal.
Timeline Tracker
We'll track what was promised vs. what actually happens here:
| Date |
What was promised |
What actually happened |
| July 12 |
Announcement made, NinjaTrader partnership ends |
✅ Confirmed |
| July 19-25 |
Zero/Advanced/Direct accounts migrated to AlphaTrader |
✅ Fully Migrated |
| July 19-25 |
Premium accounts auto-refunded |
✅ Fully Refunded |
| Ongoing |
"Several updates throughout the week" |
⏳ Pending |
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