Alpha Capital – Prop Firm Review
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- London-based prop firm founded November 2021
- Account sizes from $5,000 to $200,000, scaling up to $2,000,000
- 80% profit split with bi-weekly payouts
- 1-Step, 2-Step, and 3-Step evaluation paths
- Platforms: MT5, cTrader, DXtrade and TradeLocker
- Use this Discount Code when you start with Alpha Capital: 8D4AFE73E212492E
Company Overview
Alpha Capital Group is a UK-based proprietary trading firm that provides funding opportunities to talented traders worldwide. Established with a mission to democratize access to trading capital, Alpha Capital offers a structured evaluation process that allows traders to prove their skills and gain access to substantial funding. The firm operates with a trader-first philosophy, providing competitive profit splits, flexible trading rules, and support for various trading styles.
Alpha Capital distinguishes itself through its transparent evaluation process, reasonable challenge requirements, and commitment to trader success. The firm supports trading across multiple asset classes including forex, commodities, indices, and cryptocurrencies. With offices in the United Kingdom and a global reach, Alpha Capital has built a reputation for fair dealing, timely payouts, and providing traders with the tools and capital they need to scale their trading careers. Whether you’re a beginner looking to prove your skills or an experienced trader seeking more capital, Alpha Capital offers structured pathways to funded trading accounts.
Alpha Capital Evaluation (1-Step, 2-Step & 3-Step)
| Challenge Price | Funded Capital | Profit Split |
|---|---|---|
| $50 | $5,000 | Up to 80% |
| $97 | $10,000 | Up to 80% |
| $197 | $25,000 | Up to 80% |
| $297 | $50,000 | Up to 80% |
| $497 | $100,000 | Up to 80% |
| $997 | $200,000 | Up to 80% |
Key Features at a Glance
Challenge Fees
- $5,000 Account – Starting from £39 for the evaluation challenge, making it accessible for traders testing the waters
- $10,000 Account – Priced at £69, offering a balanced entry point for intermediate traders
- $25,000 Account – Available for £149, suitable for traders ready to manage more substantial capital
- $50,000 Account – Costs £249, designed for experienced traders seeking significant funding
- $100,000 Account – Set at £449, the flagship option for professional traders
- $200,000 Account – Premium tier at £799, for traders demonstrating exceptional capability
Account Types
- 1-Step / 2-Step / 3-Step Challenge Accounts: Alpha Capital offers three evaluation paths under the Alpha Evaluation programme, each with the same 80% profit split and unlimited trading days
- Alpha Futures: Sister entity offering futures-specific challenges (separate platform and rules)
- Funded Account: Live trading account awarded after successfully passing evaluation phases, with full access to profit withdrawals and scaling opportunities
Profit Split Options
- 80/20 Split: All Alpha Evaluation programmes pay an 80% profit split (per propfirmmatch and Traders Union)
- On-demand vs Bi-weekly Payouts: Both options remain at the 80% profit split; on-demand requires meeting the Best Day Rule (no single day > 40% of total profits) and minimum 2% profit
- Scaling Programme: 25% account-balance increase per consistent profit milestone, up to a $2,000,000 cap
Account Sizes
- $5,000 Starter: Perfect for new traders to learn the evaluation process with manageable risk parameters
- $10,000 Entry Level: Popular choice balancing accessibility with meaningful profit potential for developing traders
- $25,000 Intermediate: Suited for traders with proven strategies looking to scale their trading operations
- $50,000 Advanced: Designed for experienced traders comfortable managing larger position sizes
- $100,000 Professional: Flagship account size offering substantial capital for seasoned trading professionals
- $200,000 Elite: Maximum initial allocation for expert traders with track records of consistent performance
Trading Platforms
- MetaTrader 5 (MT5): Multi-asset platform with advanced charting and indicator suite
- cTrader: Spotware’s professional platform with depth of market visibility and one-click execution
- DXtrade: Modern web-based multi-asset platform; TradeLocker: lightweight web platform also supported by Alpha (per spotware.com listing and third-party verifications)
Financial Markets
- Forex (FX): Over 40 currency pairs including majors, minors, and exotics with competitive spreads
- Commodities: Gold, silver, crude oil, and other popular commodity CFDs for diversified trading strategies
- Indices: Major global stock indices including US30, SPX500, NAS100, UK100, and more
- Cryptocurrencies: Bitcoin, Ethereum, and select major cryptocurrencies available for trading 24/7
Challenge Programs Detail
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Challenge Specifications
- Max Allocation: Traders can scale up to $2,000,000 in total allocation across multiple funded accounts through consistent performance and meeting scaling criteria
- Scaling: Account balances increase by 25% each time profitability reaches 10% on funded accounts, with virtual balance increases allowing larger position sizing
- Trading Competitions: Regular competitions offering prizes, fee refunds, and bonus allocations to top-performing traders during evaluation and funded phases
- Free Trial: Demo accounts available to test the trading environment and platform before purchasing a challenge
- Profit Targets: Vary by programme (1-Step, 2-Step or 3-Step). All paths share the same 80% profit split and the 40% Best Day Rule once funded
- Drawdown Structure:
- Daily: 5% maximum loss per day based on starting balance or equity (whichever is higher), resetting at midnight server time
- Maximum: 10% total drawdown limit based on initial account balance, providing substantial room for strategy execution
- Trailing: Public-source descriptions vary; consult Alpha Capital’s dashboard for the current rule wording
Trading Rules and Requirements
- No Copy Trading: All trading decisions must be made independently; copying other traders’ signals or strategies is prohibited
- No Hedging Between Accounts: Traders cannot hold opposing positions across multiple Alpha Capital accounts to artificially reduce risk
- No Arbitrage Trading: Exploiting price differences between brokers or platforms is not permitted
- No High-Frequency Trading (HFT): Excessive trading with very short holding periods designed to exploit technical advantages is restricted
- No Toxic Order Flow: Trading strategies that create unfavorable order flow or exploit platform latency are prohibited
- Weekend Holding Allowed: Positions may be held over weekends without penalty, offering flexibility for swing traders
- News Trading Permitted: Trading during high-impact news events is allowed, provided other rules are followed
- Expert Advisors (EAs) Allowed: Automated trading systems are permitted with approval; most common EAs are pre-approved
- Minimum Trading Days: Vary by programme; check the chosen 1/2/3-Step path on Alpha’s site for exact requirements
- Best Day Rule: No single trading day can account for more than 40% of total profits (per Alpha Capital scaling-plan rules; this is the Best Day Rule, not a per-trade rule)
Company Information
- Company Name: Alpha Capital Group Limited (Companies House #13719951)
- Founded: 2 November 2021 (per Companies House)
- Headquarters: London, United Kingdom
- Registration: Companies House #13719951; registered office 1 Allied Business Centre, Coldharbour Lane, Harpenden AL5 4UT. ACG Markets (Alpha’s in-house broker) is regulated by the Financial Services Authority of Seychelles
- Reach: Alpha advertises 1.2M+ traders, 1,066+ qualified analysts, $1.1M+ performance fees on the homepage
- Support: 24/7 customer support via email, live chat, and Discord community
- Educational Resources: Comprehensive trading academy, webinars, and strategy guides available to all users
- Transparency: Regular trader testimonials, verified payout proof, and active social media presence
- Technology: Proprietary dashboard for tracking performance, analytics, and account management
Payout Methods
- Cryptocurrency: Bitcoin and other major cryptocurrencies (Processing time: 1-2 business days)
- Bank Wire Transfer: Direct bank transfers available for larger withdrawals (Processing time: 3-5 business days)
- PayPal: Fast and convenient option for eligible countries (Processing time: 1-3 business days)
- Wise (formerly TransferWise): International transfers with competitive exchange rates (Processing time: 2-4 business days)
- Payout Schedule: First payout available after 14 days in funded account, then bi-weekly or on-demand thereafter
- Minimum Withdrawal: No minimum withdrawal amount, traders can request payouts of any size
Trading Commissions
- Forex Pairs: Alpha Capital advertises $0 commission across instruments (verbatim homepage)
- Indices: $0 commission per Alpha Capital homepage
- Commodities: $0 commission per Alpha Capital homepage
- Cryptocurrencies: $0 commission per Alpha Capital homepage
- Commission Structure: Verbatim from Alpha homepage: “$0 commission”
- Raw Spread Pricing: Access to institutional-grade raw spreads with transparent commission structure
IP Rules
- Single IP Policy: Each trader should maintain consistent login from their primary location’s IP address
- VPN Usage: VPN usage is permitted but must be disclosed; sudden IP changes may trigger security reviews
- Travel Exceptions: Traders traveling should notify support in advance to prevent account restrictions
- Multiple Accounts: Different evaluation accounts under one trader are acceptable from same IP; coordinated trading across accounts is prohibited
- Security Measures: IP monitoring is part of fraud prevention; legitimate use patterns will not result in account issues
- Verification: May require verification if unusual IP patterns detected to ensure account security
Unique Features
Trader-Friendly Policies
- Unlimited Trading Period: No time pressure during evaluation phases – take as long as needed to hit targets safely
- Weekend Holdings: Hold positions over weekends without restriction, perfect for swing trading strategies
- News Trading Allowed: Trade high-impact news events freely without restrictions
- EA Friendly: Most Expert Advisors pre-approved with transparent approval process for custom EAs
- Refundable Challenge Fees: Fee refunded with first profit withdrawal from funded account
Growth and Support
- Aggressive Scaling: 25% account increases every 10% profit with potential to reach $2M total allocation
- Active Trading Community: Vibrant Discord community with over 15,000 traders sharing strategies and insights
- Educational Academy: Free access to comprehensive trading courses, webinars, and market analysis
- Performance Analytics: Detailed dashboard with trade analytics, risk metrics, and performance tracking
- Regular Competitions: Monthly trading competitions with cash prizes and account upgrades
Flexibility Options
- Multiple Challenge Types: Choose between Standard two-phase or Professional one-phase evaluation
- Wide Asset Coverage: Trade forex, indices, commodities, and cryptocurrencies from single account
- Flexible Payout Schedule: Request withdrawals bi-weekly or on-demand after initial 14-day period
- Reset Options: Discounted challenge resets available if targets not met on first attempt
Why Choose Alpha Capital?
Alpha Capital Group stands out in the competitive prop trading landscape by combining trader-friendly policies with genuine growth opportunities. The firm has built its reputation on transparency, fair dealing, and a genuine commitment to trader success rather than just collecting challenge fees.
Key advantages include:
- Unlimited Time Challenges: Trade without time pressure, allowing you to execute your strategy properly without rushing
- Competitive Profit Splits: Start at 80% and scale to 90%, among the highest in the industry
- True Scaling Potential: Grow from $5K to $2M through consistent performance with clear scaling criteria
- No Restrictive Rules: Trade news, hold weekends, use EAs – Alpha Capital trusts traders to trade their way
- Transparent Operations: Regular payout proofs, active community engagement, and responsive support team
- Refundable Fees: Challenge fee returned with first payout, making it a truly risk-free proposition once funded
- Multiple Account Sizes: Six different account tiers from $5K to $200K accommodate all experience levels
- Fast Payouts: Multiple withdrawal methods with processing times as quick as 1-2 days
- Educational Support: Comprehensive resources help traders improve skills and pass evaluations
- Proven Track Record: Thousands of funded traders with verified payouts demonstrate legitimacy
Frequently Asked Questions
How long does it take to get funded?
The timeline depends entirely on your trading performance. With unlimited time in both phases, some traders complete the Standard Challenge in 2-4 weeks, while others take longer to ensure consistency. The Professional Challenge can be completed faster due to its single-phase structure, with some traders getting funded in 1-2 weeks. There’s no time pressure – focus on quality trading rather than speed.
Can I hold positions over the weekend?
Yes, absolutely. Alpha Capital allows weekend holding without any restrictions or penalties. This makes the program suitable for swing traders and those who prefer to hold positions for multiple days. Just ensure you manage your risk appropriately as markets can gap at weekend opens.
What happens if I break a rule?
Rule violations typically result in account termination. However, Alpha Capital distinguishes between technical violations and intentional rule-breaking. Minor technical issues may result in warnings, while serious violations like hedging between accounts or using prohibited EAs result in immediate disqualification. If your challenge account is terminated, you can purchase a new challenge at any time, often with a discount code.
Can I trade news events?
Yes, news trading is fully permitted at Alpha Capital. You can trade during high-impact news releases like NFP, FOMC decisions, or any other major economic announcements. However, ensure you respect the daily drawdown limits as news events can create significant volatility. This flexibility allows traders to capitalize on major market-moving events.
How often can I withdraw profits?
After your first payout (available 14 days after funding), you can request withdrawals bi-weekly on a set schedule, or opt for on-demand withdrawals. There’s no minimum withdrawal amount, and you can withdraw as frequently as the schedule allows. Processing times vary by payment method – cryptocurrency is fastest (1-2 days), while bank wires take 3-5 days.
Are Expert Advisors (EAs) allowed?
Yes, Alpha Capital is EA-friendly. Most popular and legitimate Expert Advisors are pre-approved. If you want to use a custom or less common EA, you can submit it for approval through their support team. EAs that engage in prohibited strategies like tick scalping, high-frequency trading, or arbitrage will not be approved.
What is the consistency rule?
Alpha Capital requires that no single trade represents more than 40% of your total profits. This rule ensures you’re demonstrating actual trading skill rather than gambling on one large position. For example, if you make $1,000 in total profits, no single trade should have contributed more than $400 to that total.
Can I have multiple accounts?
Yes, you can purchase and trade multiple challenge accounts simultaneously. However, you cannot hedge positions between accounts or coordinate trading to artificially reduce risk. Each account must be traded independently. Once funded, you can have multiple funded accounts contributing to your overall allocation and scaling potential.
Is the challenge fee refundable?
Yes, your initial challenge fee is refunded with your first profit withdrawal from a funded account. For example, if you paid £249 for a $50K challenge, you’ll receive that £249 back when you withdraw your first profits. This essentially makes the evaluation free once you prove your trading ability.
What happens if I fail a challenge?
If you violate a rule or exceed drawdown limits, your challenge account will be terminated. However, you can immediately purchase a new challenge to try again. Alpha Capital often provides discount codes for reset challenges. Many successful funded traders didn’t pass on their first attempt – persistence and learning from mistakes are key to eventual success.
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vorbelutrioperbir –
Thank you for helping out, wonderful information. “The four stages of man are infancy, childhood, adolescence, and obsolescence.” by Bruce Barton.