EthicalxTrader - Chase

As a Propfirm Owner, Affiliate and Largest mover of Propfirm Accounts in this Industry... ALPHA Futures 100% owed Tradovate Money, Alpha was pushing thier own platform to get traders off Tradovate, Alpha was delaying payouts for months and trying to slow down the bleed. 100% THEY TURNED OFF THE PRO PLANS BLAMING TRADOVATE BECAUSE THEY WERE LOSING TOO MUCH MONEY Theres nothing else to argue or say. Alpha was losing MONEY faster than they could bring it in so they had to cut off the bleeding.

Addressing the Tradovate email that went out this evening: We did not throw any punches at Tradovate on the way out, unfortunately they have not done the same, and have made an ambiguous statement regarding funds over due. We were prepared to just split ways but now are forced to provide more insight to the situation that should have been private but has since been made public by NinjaTrader. Alpha raised a dispute with Ninja in November 2025 on believing current invoice structure lead to over $2.4M in overcharges. We were not happy with the outcome of the disputes, but settled in cash from Alpha and credits from Ninja in Feb 2026. An amount of $225,700 was left in limbo during this settlement to what we believed to be credit. After all payments were made in cash by Alpha in February 2026, the understanding over the next few months was as long as all invoices were paid in full on time, the partnership would continue, which we have done on every month following (including this month) At this time, all conversations changed to only revolving around AlphaTrader and Ninja’s concerns on both platforms co-existing. All payments have been made on time, the one most recently being $1.2M paid on July 6, 2026. (as shown with proof here in this post) There was no further mention of this additional “outstanding balance” until 30 days ago via email, to which Alpha responded asking for clarity as we believed this amount was part of the credit applied and resolved with the settlement and continued partnership. We received no reply for 25 days until the termination notice sent to us on July 9th last week. Alpha representatives asked what the path forward was with this requested payment of $225,700 was, to which Ninja replied the services would be terminated regardless of the payment being made or not and we would not be able to create accounts on ninja trader during the next 90 days starting on July 12, 2026. So, per their termination and instructions we removed it from our site that day. To be clear, we have paid all invoices, including the last month in full of $1.2M. Our termination was due to an unhealthy relationship rooted in our development of AlphaTrader as was detailed to us in our termination. The thread below shows further details on invoices and proof of payments.

Alpha Futures is hiding something. "Removed from NinjaTrader (Tradovate)... competing platforms" Lucid, Tradeify, and MFFU all have or have developed 'competing platforms'. Scummy move to issue refunds on pending payouts.

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Please read below for some very important announcements Firstly, Alpha and NinjaTrader (Tradovate) are parting ways. Since the launch of AlphaTrader, our partnership with NinjaTrader has been difficult due to the view that we now own and operate a competing platform, throughout discussions over the past 3 months we have not been able to come to an adequate agreement regarding 1) signing our platform AlphaTrader onto the NinjaTrader back end 2) their concerns that we would promote both platforms fairly and equally. They have ultimately decided to terminate our contract effective 12th July, this further results in us not being able to issue new accounts on the ninja trader platform from the 12th (today) This termination was ninjas decision, whilst this was not the outcome we wanted, we also respect their decision in putting their business and platform interests first as we have also done. Next, the Premium Plan: we launched a plan that was a requested style as popular among the industry- we paid out more than $25m on this plan alone over the last two months, and at a significant loss. As you have all seen, we were making tweaks to try to continue to offer this plan sustainably, however paired with this termination of our contract with ninja trader and the fact that the majority of premium plan accounts are on the Tradeovate platform, it is simply not possible to continue to run a plan that was already at a loss without this popular platform choice. This would have only accelerated this plans losses over the coming weeks and months. As a result, All active Premium Accounts will be refunded and closed. This includes all pending/unpaid payouts on the premium plan beyond the $25m + paid already on this plan. All we can do is deeply apologise and refund users that have an active account on the premium plan. We made a mistake launching a plan we thought would be great, and unfortunately it was not. We are going back to our roots that made us a successful and leading futures firms for 2 years. We are the first firm to ever payout $100m + in CFDs and $100m in Futures, we did not want it to come to this, but it is truthfully the best path forward to make sure we payout another $100m to our traders. All other plans and accounts remain unaffected - service will resume as normal but with a change in platform. All existing Zero, Advanced, and Direct Accounts on Ninja Trader /Tradovate will be transferred to AlphaTrader this week. We will be getting back to same day payouts, our typical 5 star services, continuing to invest in our own ecosystem and support our healthy partnerships with other third party platforms. We had every intention to continue the partnership with NinjaTrader as a typically offered 3rd party platform, but we respect their decision and wish them the best in future endeavors. We will follow up with several updates throughout the week confirming successful completion of migrated accounts which we will aim to do fast in the coming days along with refunding active accounts on the premium plan (no need to create a ticket and request a refund, this will be automatic)

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