Alpha Capital vs E8 Markets: Elite Prop Firms Comparison
Introduction
Alpha Capital and E8 Markets are both prominent funded trading firms offering aspiring traders the opportunity to access significant capital without risking their own money. Alpha Capital stands out for its diverse program options and generous profit splits, earning a solid 4.2/5 on Trustpilot from over 850 reviews. E8 Markets, meanwhile, has gained recognition for its lower entry fees and flexible evaluation process, maintaining a respectable 3.9/5 Trustpilot rating across 600+ reviews. Both organizations provide pathways to professional trading careers, but with distinct approaches to evaluation, scaling, and support.
Quick Comparison
|
| Feature |
Alpha Capital |
E8 Markets |
|
 |
|
| Founded |
2020 |
2021 |
| Trustpilot Rating |
4.2/5 (850+ reviews) |
3.9/5 (600+ reviews) |
| Account Sizes |
$10,000 to $400,000 |
$25,000 to $200,000 |
| Profit Split |
Up to 90% |
Up to 80% |
| Evaluation Phases |
2-phase model |
1 or 2-phase options |
| Review |
Read full review |
Read full review |
Program Types – Which experience fits your goals?
|
| Program |
Alpha Capital |
E8 Markets |
| Standard Challenge |
Two-phase evaluation with 8% profit target per phase |
Two-phase evaluation with 10% profit target and 5% drawdown limit |
| Express/Accelerated |
Single-phase evaluation with higher fee but faster funding |
Rapid evaluation with compressed timeframe and slightly higher targets |
| Swing Trading |
Extended timeframe (60 days) with reduced daily trading requirements |
Specific swing trading program with weekend holding permissions |
| Scaling Options |
Account size doubles after every 10% profit milestone |
Account size increases by 25% after consistent performance periods |
| Demo/Free Trial |
7-day free trial available for platform testing |
Limited-time demo account for platform familiarization |
Assessment Criteria – How can you pass the test?
|
| Criteria |
Alpha Capital |
E8 Markets |
| Profit Target |
8% per phase with no time limit |
10% in Phase 1, 5% in Phase 2 |
| Maximum Drawdown |
5% daily, 10% overall |
5% daily, 8% overall |
| Minimum Trading Days |
10 trading days per phase |
8 trading days in Phase 1, 5 in Phase 2 |
| Trading Hours |
Unrestricted with some news event limitations |
Specific trading windows with extended hours available |
| Position Holding |
No overnight positions on specific days |
Overnight positions allowed with reduced size |
| Trading Instruments |
Forex, indices, commodities, and crypto |
Forex, indices, metals, energies (no crypto) |
| Consistency Rules |
No single day exceeding 30% of total profit |
Maximum 20% of profit target in a single day |
Fees and Pricing – How much will you pay?
|
| Option |
Alpha Capital |
E8 Markets |
| $10,000 Account |
$99 one-time fee |
Not offered |
| $25,000 Account |
$209 one-time fee |
$149 one-time fee |
| $50,000 Account |
$359 one-time fee |
$249 one-time fee |
| $100,000 Account |
$539 one-time fee |
$399 one-time fee |
| $200,000 Account |
$979 one-time fee |
$749 one-time fee |
| Reset Fee |
$49-$199 depending on account size |
50% of initial fee |
| Coupons |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
Platforms/Tools – What can you use?
|
| Feature |
Alpha Capital |
E8 Markets |
| Trading Platforms |
MetaTrader 4, MetaTrader 5 |
MetaTrader 4, MetaTrader 5, cTrader |
| Mobile Support |
Full mobile compatibility |
Mobile trading with some restrictions |
| Performance Dashboard |
Advanced metrics and visualization tools |
Basic statistics and progress tracking |
| Educational Resources |
Video library, weekly webinars, trading guides |
Written guides, occasional webinars |
| Trade Analytics |
Detailed post-trade analysis tools |
Basic performance metrics |
| Customer Support |
24/5 via chat, email, and ticket system |
Email support with 24-hour response time |
Available Options/Products
|
| Option |
Alpha Capital |
E8 Markets |
| Forex Pairs |
50+ currency pairs including exotics |
38 major and minor pairs |
| Indices |
US, European, and Asian indices |
Major global indices with extended hours |
| Commodities |
Gold, silver, oil, natural gas, and more |
Primary focus on metals and energies |
| Cryptocurrencies |
Bitcoin, Ethereum, and 5+ altcoins |
Not offered |
| Trading Styles |
Day trading, swing trading, scalping |
Day trading and position trading |
| News Trading |
Restricted during major announcements |
Allowed with reduced position sizes |
Technical Capabilities/Performance
|
| Feature |
Alpha Capital |
E8 Markets |
| Execution Speed |
Average 50ms execution time |
Average 85ms execution time |
| Spreads |
Variable, typically EUR/USD from 0.8 pips |
Fixed and variable options, EUR/USD from 1.0 pips |
| Server Locations |
New York, London, Tokyo |
New York, London |
| EA/Algo Trading |
Fully supported with specific guidelines |
Permitted with pre-approval required |
| Maximum Leverage |
1:100 during evaluation, 1:20 in funded account |
1:50 throughout all phases |
| Data Feeds |
Institutional-grade with minimal latency |
Standard market feeds with moderate latency |
Trader Support & Resources
|
| Feature |
Alpha Capital |
E8 Markets |
| Community Support |
Active Discord server with 10,000+ members |
Smaller Telegram community with weekly discussions |
| One-on-One Coaching |
Available as premium add-on |
Not offered |
| Trading Resources |
Extensive library of videos, articles, and tools |
Basic educational materials for beginners |
| Market Analysis |
Daily market briefings and weekly outlook reports |
Occasional market commentary |
| Success Rate |
Approximately 12% pass rate to funded accounts |
Approximately 9% pass rate to funded accounts |
| Payout Process |
Bi-weekly payouts via various methods |
Monthly payouts with minimum threshold |
Conclusion and Final Recommendation
|
| Key Element |
Alpha Capital |
E8 Markets |
| Strengths |
Higher profit splits, more instrument options, superior educational resources, stronger community support, advanced analytics |
Lower entry fees, flexible evaluation structure, more platform options, better overnight position policies, accommodating for news traders |
| Weaknesses |
Higher initial fees, stricter evaluation rules, limited platform options, restricted news trading |
Lower profit splits, fewer educational resources, basic analytics tools, limited customer support hours |
| Best For |
Serious traders seeking comprehensive support, diverse trading instruments, and maximum profit potential who don’t mind paying premium fees |
Budget-conscious traders looking for flexible trading conditions and lower entry costs with a focus on forex and indices |
| Final Grade |
4.4/5 |
4.1/5 |
| Discount Codes |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
FAQ
What makes Alpha Capital popular among users?
Alpha Capital has gained popularity primarily due to its generous profit splits of up to 90%, comprehensive educational resources, and robust trading community. Traders particularly appreciate their transparent evaluation process with no time limits to reach profit targets, allowing for a more relaxed and strategic approach. The advanced performance analytics and scaling program that doubles account size after consistent performance milestones also contribute significantly to their appeal among serious traders.
How does E8 Markets differ from other similar organizations?
E8 Markets distinguishes itself through its lower entry fees and more flexible trading conditions. Unlike many competitors, they offer a cTrader platform option in addition to MetaTrader, accommodate news trading with adjusted position sizes, and have more permissive overnight holding policies. Their simplified evaluation process with fewer minimum trading days and their openness to various trading styles make them particularly appealing to traders who value flexibility over maximum profit splits.
Which is better for beginners: Alpha Capital or E8 Markets?
For complete beginners, E8 Markets generally offers a more accessible entry point due to lower initial fees and somewhat simpler evaluation metrics. However, Alpha Capital provides substantially better educational resources and community support that can accelerate a beginner’s learning curve. If budget is the primary concern, E8 Markets is the better choice, but if a beginner is willing to invest more upfront for better guidance and resources, Alpha Capital offers superior long-term value through their comprehensive trader development ecosystem.
How do the profit splits compare between the two companies?
Alpha Capital offers a more attractive profit split structure, with funded traders receiving up to 90% of profits after demonstrating consistent performance. Their profit splits typically start at 70% and increase with account growth and trading consistency. E8 Markets, while competitive, caps their maximum profit split at 80%, usually starting traders at 60% and increasing based on performance metrics. For high-performing traders who can consistently meet targets, Alpha Capital’s profit structure represents potentially thousands of dollars in additional earnings annually.
Can I trade cryptocurrencies with both firms?
No, there’s a significant difference in cryptocurrency offerings between the two firms. Alpha Capital allows trading of Bitcoin, Ethereum, and several other major cryptocurrencies as part of their available instruments. E8 Markets, however, does not currently offer cryptocurrency trading options at all, focusing instead on traditional forex, indices, and commodities. If cryptocurrency trading is important to your strategy, Alpha Capital would be the only viable option between these two firms.
How was this 2 companies Comparison Created?
1. We Collect
Our research team gathered comprehensive data directly from Alpha Capital and E8 Markets official websites, terms of service documents, and public pricing information. We supplemented this with verified user reviews from Trustpilot, Forex Peace Army, and other independent review platforms. We also interviewed current and former traders from both organizations to gain insights into real user experiences and verify the practical application of stated policies.
2. We Examine
Our team of professional traders and financial analysts with extensive prop firm experience methodically evaluated each aspect of both companies. We verified all claims against the actual user experience, tested customer support response times, and analyzed the true costs including hidden fees or obstacles in the evaluation process. Where information appeared contradictory, we contacted the companies directly for clarification to ensure accuracy.
3. We Score
Our scoring methodology employs a weighted evaluation system that prioritizes factors most impactful to trader success: evaluation fairness (25%), cost-to-value ratio (20%), trading conditions (20%), profit split structure (15%), platform reliability/tools (10%), and customer support/resources (10%). Each category receives a score from 1-5, with subcategories weighted based on importance to the average trader. These scores are then combined to produce the final rating.
4. You Choose
Use this comparison as a starting point for your decision, but consider your personal trading style, budget constraints, and specific needs. For disciplined traders with more capital seeking maximum profit potential and comprehensive support, Alpha Capital offers superior value despite higher costs. Budget-conscious traders or those preferring flexible trading conditions might find E8 Markets more suitable. We recommend examining the specific feature categories most important to your trading strategy before making your final decision.
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