1 Star – Extremely disappointing experience
I had a very disappointing experience with Alpha Futures. My payout was denied because of their tick scalping rule, and I strongly disagree with the way they interpreted and applied this rule to my trades. My trades were less than 2 minutes in duration, but they were all more than 10 ticks. From my understanding, this should comply with their tick scalping requirements. However, Alpha Futures still rejected my payout based on tick scalping. What is especially frustrating is that, in my experience, the rules seem to be interpreted differently depending on the situation. They initially gave me the impression that trades meeting the 10+ tick requirement were acceptable, but when it came to my payout, the interpretation suddenly changed. This situation has cost me time, money and a lot of frustration. I spent time trading and following their rules, only to have my payout rejected afterwards. I am sharing my experience to warn other traders: read the rules very carefully, keep records of all your trades, and make sure you understand exactly how Alpha Futures applies its tick scalping rule before putting your money and time into their platform. Based on my experience and what I have seen recently, I am also becoming increasingly concerned about the company's financial situation and whether they will continue operating normally. I cannot verify that they are close to shutting down, but this is honestly the impression I have from my experience.