Data verified with source and date

Firm health

Warning-only, with the evidence behind each one. Not a score — the reason, dated and sourced. Silence is a good sign.

alpha-futures

Crisis
Updated Jul 21, 2026Full firm page
Reason

Premium payouts confiscated; Premium Plan closed; platform termination (Jul 2026).

The evidence behind it
Sep 14, 2026Alpha Futures says the first 10% of outstanding Premium payouts has been paid and that it is selling evaluations again on a different platform — its account of July, in its own words

A post on Alpha Futures' own site, "Alpha Futures Update: Partner Exit, Invoices, and Premium Accounts (July 2026)", was not on our record. Read first-hand today it says: "all of you in 'approved for pay' on Premium Plans will be paid", "The first batch which equates to 10% of outstanding Premium Account payouts have been made today", and "Active Premium Account users are still receiving refunds as well, that has not changed." On the platform it says its former partner gave notice that "services would be terminated regardless of the payment being made or not and we would not be able to create accounts on their platform during the next 90 days starting on July 12, 2026" — a 90-day window, not a permanent shutdown — and attributes the split to "an unhealthy relationship rooted in our development of AlphaTrader". It describes a dispute over "over $2.4M in overcharges" settled in February 2026, "$225,700 was left in limbo", and "$1.2M paid on July 6, 2026". The firm's homepage today is live and selling evaluations under the banner "TRADINGVIEW POWERED BY PLUS500 · 50% OFF ALL EVALUATIONS USE CODE: TRADINGVIEW", with AlphaTrader, WealthCharts and Quantower listed alongside. Two things we are not doing with this. We are not treating a firm's statement that it is paying people as evidence that anyone was paid: it is the firm's claim and it is published here as the firm's claim. And we are not dating it: the post's footer reads "June 15, 2026" while its own text describes events of 6, 9 and 12 July 2026, so we record both and resolve neither. Alpha Futures' health state is unchanged by this entry.

Source

Alpha Capital Group

Watch
Updated Jul 23, 2026Full firm page
Reason

Its own CFD operation runs normally (active payouts ~$2.15M/30 days, Trustpilot 4.5, no closures). On watch as a precaution: its sister brand Alpha Futures collapsed in July 2026 (payouts confiscated, platform termination) and both share the ACG Markets broker. No confirmed impact on Alpha Capital.

The evidence behind it
Sep 25, 2026Correction: Alpha Capital's $297 is Alpha One, not the Alpha Pro 10% we attached it to

Our Alpha Capital Group pricing summary said "$50K Alpha Pro (10%, 2-step): one-time $297 (~$252 with a code), no activation." The $297 is a real, primary figure — but it belongs to a different product. Our record has it as the Alpha One $50K spot price, read from their own product page on 2026-07-21. Alpha Pro 10% is a separate line, and we hold its ladder only as a range across every size, with no $50K point isolated. Attaching a verified price to the wrong product line is the kind of error that survives review precisely because the number itself checks out. The "~$252 with a code" comes from affiliate codes of about 15% that our record describes as observed in the affiliate channel, not offered by Alpha Capital; the same note records no sitewide promo on the product page that day. And "no activation" states an absence the record explicitly does not hold: the flag reads that none was found stated and that no activation-fee claim was captured either way. That is the not-stated case, and publishing it as a confirmed zero is exactly the merge our own write contract forbids. The summary now names Alpha One as the product the $297 belongs to, attributes the discount to affiliates rather than to the firm, and says the activation question is unestablished. No structured value changed and the verification date did not move.

Source
Sep 15, 2026Correction: Alpha Capital pays up to 90%, not the 80% we published, and has a fourth product line we did not cover

We published Alpha Capital''s split as a fixed 80%, not varying. Its own product page says otherwise: "Qualified Analysts earn an 80% performance split as standard on eligible simulated profits, rising to 90% on Alpha Direct or with the optional 90% split add-on on eligible plans." The homepage repeats it in its own words: you can "earn up to 90% of your simulated profits", and it lists the "90% performance fee split" as a paid add-on. The 80% remains the standard and is still the figure to plan around, so this does not by itself lower anyone''s cost: the 90% is bought, or comes with one specific product. But publishing 80% as a fixed ceiling was saying that the 90% does not exist, and it does. The line that carries it as standard, Alpha Direct, was also missing from our record: Alpha''s product page now lists four evaluations — Alpha One, Alpha Pro, Alpha Swing and Alpha Direct — and our daily loss section covers only the first three and their variants. Its on-demand performance fee help article, last updated 22 July 2026, adds that on Alpha Direct a 3% profit buffer must be reached first, that a minimum of 1% of gross profits must be left in, and that its best-day rule is 15%, not the 40% of the others. We have not written those rules yet: it is a new line that needs a full section pass, not a patch. A note on price: the Alpha Pro 200K we rank could not be re-verified today. The product page serves no price table at all, only "Evaluation fees start from $27", so the $847 list and $677.60 with ALPHA20 remain the 14 September reading. The three codes were confirmed verbatim, with their declared window "1 Sept – 30 Sept 2026".

Source
Sep 11, 2026Correction: we published a $20,000 drawdown for the Alpha Pro 200K; by Alpha's own rules it is $12,000

Our Alpha Pro 200K (6%) record carried a maximum drawdown of $20,000. That is our error, not a change at Alpha. The firm's own rules page orders the Alpha Pro plans by drawdown and describes ours as "6% static", with a "3%" daily loss; its own cost post names the product "Alpha Pro 200K 6%" at a $847 fee, which is exactly the fee we track. 6% of $200,000 is $12,000. The $20,000 we published is 10%, i.e. the Alpha Pro 10% variant: a different product. Anyone sizing risk off our figure would believe they had 67% more room than they do and would breach far earlier than planned. Corrected to $12,000 and published as a dated entry rather than edited silently.

Source

What the signals mean

● Watch

Something to watch; no confirmed impact on payouts or operations.

● Amber

Verified material risk. Excluded from cost rankings.

● Crisis

Serious ongoing issue (e.g. payouts). Excluded from cost rankings.