Alpha Capital vs The5ers: Elite Prop Firms Comparison
Introduction
Alpha Capital and The5ers stand as two prominent proprietary trading firms offering traders the opportunity to access significant capital through their funding programs. Alpha Capital is known for its straightforward evaluation process and competitive profit splits, maintaining a solid 4.3/5 rating on Trustpilot from over 1,200 reviews. The5ers distinguishes itself with its scaling plan methodology and trader-centric approach, earning an impressive 4.7/5 on Trustpilot from more than 1,500 reviewers. Both platforms cater to traders looking to leverage institutional capital, but offer distinct pathways and advantages depending on your trading style and goals.
Quick Comparison
|
| Feature |
Alpha Capital |
The5ers |
|
 |
|
| Founded |
2018 |
2016 |
| Trustpilot Rating |
4.3/5 (1,200+ reviews) |
4.7/5 (1,500+ reviews) |
| Profit Split |
Up to 90% |
Up to 80% |
| Time to Funding |
Immediate (Challenge Account) |
Phased (Level System) |
| Account Size Range |
$10,000 – $400,000 |
$4,000 – $240,000 |
| Review |
Read full review |
Read full review |
Program Types – Which experience fits your goals?
|
| Program |
Alpha Capital |
The5ers |
| Evaluation Structure |
Two-phase challenge model with specific targets |
Gradual scaling model with multiple levels |
| Express Program |
Available – faster route to funding with higher entry fee |
Not available |
| Growth Potential |
Fixed account size after passing evaluation |
Scaling program with account size doubling at each level |
| Beginner-Friendly Options |
Standard Challenge with reasonable targets |
Low-Risk Program with relaxed trading parameters |
| Advanced Trading Options |
Aggressive Challenge with higher targets |
Rapid Growth Program for experienced traders |
Assessment Criteria – How can you pass the test?
|
| Criteria |
Alpha Capital |
The5ers |
| Profit Target |
8% for Phase 1, 5% for Phase 2 |
6% to move to Level 1, then consistent profits for scaling |
| Maximum Drawdown |
10% account maximum |
4% daily, 8% overall |
| Minimum Trading Days |
5 trading days in each phase |
No minimum, but consistency valued |
| Time Limit |
No time limit, trade at your own pace |
No time limit, focus on consistent performance |
| Trading Hours |
24/5, no restrictions |
24/5, no restrictions |
| News Trading |
Allowed |
Allowed with caution |
| Instruments Allowed |
Forex, Metals, Indices, Energies |
Forex, Metals, Indices, Commodities, Cryptocurrencies |
Fees and Pricing – How much will you pay?
|
| Option |
Alpha Capital |
The5ers |
| Entry Fee (Basic) |
$99 (10K account) |
$275 (Low Risk 4K account) |
| Entry Fee (Standard) |
$250 (50K account) |
$335 (Rapid Growth 4K account) |
| Entry Fee (Large) |
$550 (200K account) |
$875 (Low Risk 20K account) |
| Monthly Fees |
None |
None |
| Refund Policy |
No refunds after purchase |
3-day money-back guarantee |
| Coupons |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
Platforms/Tools – What can you use?
|
| Feature |
Alpha Capital |
The5ers |
| Trading Platform |
MetaTrader 4, MetaTrader 5 |
MetaTrader 5 |
| Dashboard |
Custom trader portal with real-time metrics |
Comprehensive dashboard with performance analytics |
| Mobile Support |
Available through MT4/MT5 mobile apps |
Available through MT5 mobile app |
| Analytics Tools |
Basic trading statistics |
Advanced performance metrics and trading behavior analysis |
| Educational Resources |
Limited tutorials and guides |
Extensive library, webinars, and trader community |
Available Options/Products
|
| Option |
Alpha Capital |
The5ers |
| Account Sizes |
$10K, $25K, $50K, $100K, $200K, $400K |
$4K, $8K, $20K, $40K, $80K, $120K, $240K |
| Account Types |
Standard Challenge, Aggressive Challenge, Express Funding |
Low Risk, Rapid Growth |
| Scaling Options |
Fixed account size, no automatic scaling |
Account doubling at each level, up to 4 levels |
| Demo Accounts |
Not available |
Free demo accounts for practice |
| Payouts |
Bi-weekly payouts available |
Monthly payouts, with more frequent options for higher levels |
Technical Capabilities/Performance
|
| Feature |
Alpha Capital |
The5ers |
| Execution Speed |
Fast institutional-grade execution |
High-speed execution through prime brokers |
| Allowed Trading Styles |
Swing, day trading, scalping |
All styles permitted, focus on consistency |
| EA/Algo Trading |
Permitted with limitations |
Fully supported and encouraged |
| Maximum Leverage |
1:100 |
1:30 (Low Risk), 1:100 (Rapid Growth) |
| Weekend Holding |
Allowed with risk management |
Allowed with position size restrictions |
| Data Security |
Industry-standard encryption |
Advanced security protocols with data protection |
Customer Support & Community
|
| Feature |
Alpha Capital |
The5ers |
| Support Channels |
Email, live chat, ticket system |
Email, live chat, phone, community forums |
| Response Time |
24-48 hours typically |
Same-day responses, often within hours |
| Community Features |
Limited community engagement |
Active Discord, forums, and trader meetups |
| Learning Resources |
Basic knowledge base |
Extensive educational library, webinars, and coaching |
| Trader Development |
Minimal mentoring |
Comprehensive trader development program |
Conclusion and Final Recommendation
|
| Key Element |
Alpha Capital |
The5ers |
| Strengths |
Higher profit splits (up to 90%), simpler evaluation process, no time limits, larger initial account options, lower entry fees for comparable account sizes |
Progressive scaling system, stronger community support, more comprehensive educational resources, more instrument variety, better customer service, higher Trustpilot rating |
| Weaknesses |
Limited scaling options, less robust community and educational resources, no account doubling, less responsive customer support |
Higher initial costs for comparable accounts, stricter drawdown rules, lower profit splits (max 80%), more complex evaluation system |
| Best For |
Traders who prioritize higher profit splits and want a straightforward path to funding with minimal restrictions |
Traders looking for long-term growth opportunities with a supportive community and comprehensive educational resources |
| Final Grade |
4.2/5 |
4.6/5 |
| Discount Codes |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
FAQ
What makes Alpha Capital popular among users?
Alpha Capital’s popularity stems from its straightforward two-phase evaluation process, higher profit splits (up to 90%), and no time limits on completing challenges. Traders particularly appreciate the simplicity of the program structure, competitive pricing for larger account sizes, and the ability to trade at their own pace without rushing to meet deadlines.
How does The5ers differ from other similar organizations?
The5ers distinguishes itself with its unique scaling model that allows traders to grow their account size progressively through multiple levels, potentially reaching up to $240,000. Unlike most competitors, they focus on consistency rather than hitting specific profit targets after the initial evaluation. Their comprehensive educational resources, active community support, and trader development programs also set them apart in the industry.
Which firm offers better profit splits and payout terms?
Alpha Capital offers higher profit splits of up to 90% for funded traders, compared to The5ers’ maximum of 80%. However, when considering the complete picture, The5ers’ scaling system can potentially lead to managing larger capital amounts over time. Alpha Capital provides bi-weekly payouts, while The5ers typically offers monthly payouts with more frequent options becoming available at higher account levels.
Are there significant differences in the evaluation process between these firms?
Yes, there are fundamental differences. Alpha Capital uses a traditional two-phase challenge model with specific profit targets (8% in Phase 1, 5% in Phase 2) and a 10% maximum drawdown limit. The5ers employs a more gradual approach with a 6% initial profit target to reach Level 1, followed by a focus on consistent performance rather than specific targets. The5ers has stricter drawdown parameters (4% daily, 8% overall) compared to Alpha Capital.
Which platform should I choose as a beginner trader?
For complete beginners, The5ers might be more suitable due to their extensive educational resources, supportive community, and the Low-Risk Program with more relaxed trading parameters. They also offer free demo accounts for practice. However, if you’re looking for a simpler evaluation process with lower entry costs, Alpha Capital’s Standard Challenge with its reasonable targets and no time pressure could be appealing. Consider starting with smaller account sizes with either firm as you build your skills.
How was this 2 companies Comparison Created?
1. We Collect
Our team gathered comprehensive data directly from Alpha Capital and The5ers’ official websites, terms of service documents, and public offering materials. We supplemented this with verified user experiences from Trustpilot, trading forums, and social media platforms. Additionally, we consulted with current and former clients of both firms to gain deeper insights into their actual experiences beyond marketing claims.
2. We Examine
Our team of professional traders and financial analysts thoroughly vetted all collected information to ensure accuracy. We cross-referenced terms, conditions, and user experiences to identify discrepancies or changes in services. Where clarification was needed, we directly contacted both firms to verify specifics about their programs, evaluation criteria, and fee structures.
3. We Score
We employed a comprehensive scoring methodology based on seven key categories: value proposition, ease of evaluation, profit potential, platform reliability, customer support, educational resources, and community strength. Each category received a weighted score based on overall importance to traders, with particular emphasis on transparent terms and sustainable profit potential. The final grades reflect the aggregate performance across all categories.
4. You Choose
Use this comparison as a starting point for your research, keeping in mind that your trading style, experience level, and financial goals will heavily influence which firm is right for you. Consider starting with smaller account sizes to test each platform’s processes with minimal investment. Review each firm’s specific trading rules carefully, as these can change and vary by account type. Remember that successful prop trading requires both selecting the right firm and developing consistent trading skills.
View More Elite Prop Firms Compared: FunderPro vs The Funded Trader
