Alpha Capital vs The Concept Trading: Elite Prop Firms Comparison

Published: April 21, 2025 · Last updated: August 6, 2026

Table of Contents

Introduction

Alpha Capital and The Concept Trading represent two prominent proprietary trading firms offering funded trading programs for aspiring traders. Alpha Capital stands out with its straightforward evaluation process and competitive profit splits, earning a respectable 4.6/5 on Trustpilot. Meanwhile, The Concept Trading has gained recognition for its innovative two-phase evaluation model and comprehensive educational resources, maintaining a solid 4.3/5 Trustpilot rating. Both organizations provide legitimate pathways to funded trading careers, but they differ significantly in their program structures, evaluation criteria, and support systems.

🕑 Last updated: Aug 6, 2026⚖ How we rank firms ↗

Alpha Capital

Grade 8.9/10 · 80 split

Visit Alpha Capital →🎟 Alpha Capital discount code

The Concept Trading ▲ Higher rated

Grade 9.1/10 · 50% all levels except top (90%) split

Visit The Concept Trading →🎟 The Concept Trading discount code

TL;DR: Alpha Capital (grade 8.9) offers a 80 profit split; The Concept Trading (grade 9.1) offers 50% all levels except top (90%). Full side-by-side below. Best for: Alpha Capital - Swing and position traders seeking static drawdowns and permissive evaluation rules. The Concept Trading - Long-term scalers seeking trading freedom, not monthly income seekers. Our higher-rated pick: The Concept Trading (9.1 vs 8.9).

Quick Facts

Feature	Alpha Capital	The Concept Trading

Founded	2021	2021
Profit Split	80	50% all levels except top (90%)
Maximum Account Size	$200,000	$5,000,000
Evaluation Phases	Alpha One: 1; Alpha Pro: 2; Alpha Swing: 2; Alpha Three: 3	—
Trustpilot Rating	4.7	4.7
Expert Grade	8.9	9.1

Program Types

Program	Alpha Capital	The Concept Trading
Entry Level Program	Alpha One	AUD 65
Advanced Program	Alpha Prime	AUD 19997
Scaling Options	Yes	Yes
Demo Account	Yes	Yes

Rules & Assessment

Criteria	Alpha Capital	The Concept Trading
Profit Target	Alpha One: 10%; Alpha Pro 6%: 6% / 6%; Alpha Pro 8%: 8% / 5%; Alpha Pro 10%: 10% / 5%; Alpha Swing: 10% / 5%; Alpha Three: 8% / 4% / 4%	6-10%
Maximum Drawdown	Alpha One: 6%; Alpha Pro 6%: 6%; Alpha Pro 8%: 8%; Alpha Pro 10%: 10%; Alpha Swing: 10%; Alpha Three: 6%	3-10% static
Minimum Trading Days	—	—
News Trading	Yes	Yes

Real trader stories

Read a trading story of a Alpha Capital trader →Read a trading story of a Alpha Capital trader →

Fees & Pricing

Option	Alpha Capital	The Concept Trading
$10K Account	$97	AUD 997
$25K Account	$197	AUD 2497
$50K Account	$257	—
$100K Account	$457	—
$200K Account	$897	AUD 19997
Refund Policy	Non-refundable; all sales final	No
Coupons / Discount	Alpha Capital discount	The Concept Trading discount

Platforms & Markets

Feature	Alpha Capital	The Concept Trading
Trading Platforms	MetaTrader 5, cTrader, DX Trade, TradeLocker	MetaTrader 5, TradeLocker
Forex	Yes	Yes
Stocks	—	—
Indices	Yes	—
Commodities	—	—
Cryptocurrencies	—	Yes
Bonds	—	—
EA/Algo Trading	Risk-management EAs only; MT5; pre-approved	Yes

Payout

Feature	Alpha Capital	The Concept Trading
Payout Terms	minimum: $100 gross; bi_weekly: every 14 days (Pro and Three only); on_demand: 2% profit required; 40% best-day rule applies; processing_time: 2 business days	Once per calendar month (Bank transfer, Crypto, Revolut, PayPal)
See all prop firm payouts →

Verdict

Key Element	Alpha Capital	The Concept Trading
Strengths	Static drawdown on most plans, Hedging and stacking permitted, Overnight and weekend holds allowed in evaluation, Four platforms available, No time limit or account expiry, On-demand payouts from 2% profit	Static drawdown, no daily drawdown, permissive rules, EAs/HFT allowed, low entry fees
Weaknesses	Non-refundable fee, Flat 80% split; no 90% tier, 2-minute average trade duration rule, Risk Management Group discretionary restrictions, Weekend holding restricted on funded Alpha Pro, Account deactivates after 30 days inactivity	Misleading 90% marketing, one payout/month only, 30-day invoice deadline, capped profits, new discretionary clause
Best For	Swing and position traders seeking static drawdowns and permissive evaluation rules	Long-term scalers seeking trading freedom, not monthly income seekers

Visit Alpha Capital →Read full Alpha Capital review

Visit The Concept Trading →Read full The Concept Trading review

Real funded traders – in their own words

Named traders JoinProp interviewed who passed and traded with these firms. Read their full stories:

Traders who chose Alpha Capital

FAQ

What makes Alpha Capital popular among users?

Alpha Capital is particularly popular for its straightforward evaluation model with no time constraints. Traders appreciate the single-phase evaluation process, higher profit splits (up to 80%), and the absence of complex trading consistency requirements. The lower entry fees and transparent rules make it accessible for many traders who want a clear path to funded trading without excessive restrictions.

How does The Concept Trading differ from other similar organizations?

The Concept Trading distinguishes itself with its comprehensive two-phase evaluation model designed to develop disciplined traders. Its standout features include superior educational resources, advanced analytics tools, a wider range of tradable markets (including extensive cryptocurrency options), and larger maximum account sizes of up to $400,000. The company also offers a more robust support system with professional trading coaches and regular educational webinars.

Are the evaluation fees refundable at these firms?

Yes, both organizations offer refund policies, though they differ slightly. Alpha Capital provides a 7-day money-back guarantee, allowing traders to test the evaluation process and platform before fully committing. The Concept Trading offers a more generous 14-day money-back guarantee, giving traders additional time to explore their services and decide if it meets their needs. Both refund policies typically apply to unused or minimally used accounts.

Can I use automated trading systems with these firms?

Both firms allow automated trading, but with different approaches. Alpha Capital permits EAs and algorithmic trading with certain restrictions on excessive high-frequency trading and requires disclosure of automated strategies. The Concept Trading fully supports algorithmic trading across all their platforms, particularly on MT4, MT5, and cTrader, with fewer restrictions and a more accommodating approach to various automated trading styles.

What happens after passing the evaluation at these firms?

After passing Alpha Capital’s single-phase evaluation, traders receive a funded account with up to 80% profit splits and opportunities to double their account size after reaching profit milestones. With The Concept Trading, traders must pass both Phase 1 and Phase 2 evaluations before receiving a funded account with up to 80% profit splits. The Concept Trading offers a more gradual scaling model with 25% increases based on consistent performance metrics over time.

How was this 2 companies Comparison Created?

1. We Collect

Our comparison begins with extensive data collection from multiple sources. We gather information directly from Alpha Capital and The Concept Trading’s official websites, terms of service documents, and pricing pages. This is supplemented with real user reviews from Trustpilot, Reddit, and trading forums. We also conduct interviews with actual traders using both platforms and consult industry experts who have direct experience with funded trading programs.

2. We Examine

Our team of experienced traders and financial analysts thoroughly examines all collected information for accuracy and relevance. We verify the trading conditions by testing the platforms ourselves and cross-reference user experiences to identify consistent patterns rather than isolated incidents. Our examination focuses not just on advertised features but on the practical implementation and reliability of both services across various market conditions.

3. We Score

Our scoring methodology evaluates both companies across eight key categories: program structure, evaluation criteria, pricing, platforms and tools, available markets, technical capabilities, support resources, and track record. Each category receives a weighted score based on importance to traders, with particular emphasis on evaluation fairness, profit split arrangements, and platform reliability. The final scores reflect both objective measurements and qualitative assessments of trader experience.

4. You Choose

This comparison aims to help you make an informed decision based on your specific trading needs. Consider your trading style, experience level, and financial goals when reviewing this information. Alpha Capital may be better for experienced traders seeking simplicity and higher profit splits, while The Concept Trading might better serve those needing educational support and diverse trading options. We recommend starting with the demo accounts offered by both firms before committing to a funded challenge.