Alpha Futures has announced the end of its partnership with NinjaTrader, resulting in the discontinuation of new accounts on the Tradovate platform and the closure of its Premium Plan.
In a statement posted on X, the proprietary trading firm said NinjaTrader decided to terminate the agreement following discussions over the past three months. Alpha Futures said the talks focused on integrating its proprietary AlphaTrader platform with NinjaTrader’s backend and concerns over operating what it described as a competing platform.
The agreement ended on July 12, preventing the firm from issuing new accounts through NinjaTrader and Tradovate from that date.
Alpha Futures also said it will close all active Premium Plan accounts and automatically refund customers with active subscriptions. The company attributed the decision to the plan’s financial performance, stating it had paid out more than $25 million over the past two months while operating at a loss. Pending payouts under the Premium Plan will also be refunded as part of the account closures.
Other account types, including Zero, Advanced, and Direct accounts, will continue operating. Existing NinjaTrader and Tradovate accounts under those plans will be migrated to AlphaTrader during the coming week, according to the company.
Founded in 2024, Alpha Futures operates proprietary trading evaluation programs for futures traders. The firm has increasingly invested in its in-house AlphaTrader platform as proprietary trading companies continue to develop their own trading infrastructure rather than relying solely on third-party technology providers.
