
Alpha Capital
Alpha Capital Group is a London‑based proprietary trading firm launched in November 2021. The company’s mission is to build a transparent environment where market analysts can trade with simulated capital and keep a large share of virtual profits. The firm has attracted over 100k active analysts and holds a 4.6/5 Trustpilot rating with many reviewers praising customer support and fast withdrawals.





Daily drawdown
The daily loss limit is calculated as a percentage of starting balance/equity at 00:00 GMT+2. It ranges from 5 % for Pro 10 % and Swing plans, 4 % for Pro 8 % and Three plans, 3 % for Pro 6 %, and 4 % for Alpha One. Breaching the limit closes the account.
Overall drawdown
Most plans use a static drawdown based on the initial balance: 10 % (Swing and Pro 10 %), 8 % (Pro 8 %), 6 % (Pro 6 % and Three). The Alpha One plan uses a 6 % trailing drawdown that resets when the account has gained 6 %.
Profit targets
- Pro 10 %: 10 % in phase 1 and 5 % in phase 2.
- Pro 8 %: 8 % in phase 1 and 5 % in phase 2.
- Pro 6 %: 6 % in both phases.
- Swing: 10 % in phase 1 and 5 % in phase 2.
- Three: 8 %, 4 % and 4 % across three phases.
- One: 10 % single‑phase target.
Minimum trading days
Two‑step and three‑step evaluations require at least 3 trading days per phase. The Alpha One plan requires at least 1 trading day.
Max evaluation days
The help centre does not impose a time limit; traders can take as long as needed.
Consistency and best‑day rule
For on‑demand payouts, no single day’s profit may exceed 40 % of total profits and a minimum 2 % overall profit is required. Bi‑weekly payouts require at least US$100 profit and 5 trading days with genuine activity.
News trading
Traders can hold trades during economic news but must avoid opening or closing positions within the specified window. Pro and Three accounts require a two‑minute window around news; Swing accounts must leave trades open for at least two minutes if entered around news.
Weekend/overnight rules
- Evaluation accounts may hold positions overnight and through weekends.
- Funded Pro and Three accounts must close all trades by Friday before 19:55 GMT+2; Swing accounts may hold positions over weekends.
- EAs and copy trading: Expert Advisors are allowed on MT5 only when pre‑approved; high‑frequency, latency arbitrage, group trading and signal‑copying are prohibited.
- Lot size limits: Maximum lot exposure scales with account size; for example, the Pro plan allows roughly 2.5 lots on a US$5 k account and up to 40 lots on a US$100 k account.
Scaling rules
Once a qualified account grows by 10 %, traders may request scaling and an accompanying payout. Each scale adds 10 % of the initial balance, and after two scales the lot limit increases by 10 %; scaling can continue until the total virtual capital reaches US$2 million.
Trading Rules
Daily drawdown
The daily loss limit is calculated as a percentage of starting balance/equity at 00:00 GMT+2. It ranges from 5 % for Pro 10 % and Swing plans, 4 % for Pro 8 % and Three plans, 3 % for Pro 6 %, and 4 % for Alpha One. Breaching the limit closes the account.
Overall drawdown
Most plans use a static drawdown based on the initial balance: 10 % (Swing and Pro 10 %), 8 % (Pro 8 %), 6 % (Pro 6 % and Three). The Alpha One plan uses a 6 % trailing drawdown that resets when the account has gained 6 %.
Profit targets
- Pro 10 %: 10 % in phase 1 and 5 % in phase 2.
- Pro 8 %: 8 % in phase 1 and 5 % in phase 2.
- Pro 6 %: 6 % in both phases.
- Swing: 10 % in phase 1 and 5 % in phase 2.
- Three: 8 %, 4 % and 4 % across three phases.
- One: 10 % single‑phase target.
Minimum trading days
Two‑step and three‑step evaluations require at least 3 trading days per phase. The Alpha One plan requires at least 1 trading day.
Max evaluation days
The help centre does not impose a time limit; traders can take as long as needed.
Consistency and best‑day rule
For on‑demand payouts, no single day’s profit may exceed 40 % of total profits and a minimum 2 % overall profit is required. Bi‑weekly payouts require at least US$100 profit and 5 trading days with genuine activity.
News trading
Traders can hold trades during economic news but must avoid opening or closing positions within the specified window. Pro and Three accounts require a two‑minute window around news; Swing accounts must leave trades open for at least two minutes if entered around news.
Weekend/overnight rules
- Evaluation accounts may hold positions overnight and through weekends.
- Funded Pro and Three accounts must close all trades by Friday before 19:55 GMT+2; Swing accounts may hold positions over weekends.
- EAs and copy trading: Expert Advisors are allowed on MT5 only when pre‑approved; high‑frequency, latency arbitrage, group trading and signal‑copying are prohibited.
- Lot size limits: Maximum lot exposure scales with account size; for example, the Pro plan allows roughly 2.5 lots on a US$5 k account and up to 40 lots on a US$100 k account.
Scaling rules
Once a qualified account grows by 10 %, traders may request scaling and an accompanying payout. Each scale adds 10 % of the initial balance, and after two scales the lot limit increases by 10 %; scaling can continue until the total virtual capital reaches US$2 million.
Commissions
Commissions
On the Raw account type, Alpha Capital charges US$5 per 100 k (round‑turn) on FX and metal trades; indices and energy CFDs carry no commission. Standard accounts (larger spreads) have no commission.
Spreads
Spreads vary by asset and platform. PropFirmMatch reviewers praise the competitive spreads, noting minimal slippage and tight pricing.
Leverage
- Pro (2‑step) plans: up to 1:100 on FX, 1:30 on metals, 1:20 on indices and 1:10 on oil.
- Swing (2‑step) plans: 1:30 FX, 1:9 metals, 1:10 indices, 1:10 oil.
- Three (3‑step) plans: 1:50 FX, 1:9 metals, 1:10 indices and 1:10 oil.
One (1‑step) plan:1:30 FX, 1:9 metals and 1:10 for indices and oil.
Payout Policy
Payout frequency
Qualified traders can choose bi‑weekly or on‑demand payouts. Bi‑weekly payouts are available for Pro and Three plans; the first payout requires five trading days and a minimum of US$100 profit. On‑demand payouts apply to Pro, Swing, One and Three accounts and require adherence to the 40 % best‑day rule and at least 2 % profit.
Payout methods
All requests are processed within two business days and paid via Rise (Riseworks), Wise or bank transfer. Traders must close all trades before requesting a withdrawal. Payouts are not sent directly in cryptocurrency, but crypto conversions can be performed via Rise.
Profit split
Qualified accounts earn 80 % of profits. If rules are breached, profits may be reduced or revoked.
KYC and verification
Alpha Capital verifies the payment card and KYC profile to prevent fraud. Reviewers note that KYC and risk interviews can delay payouts or lead to account suspension.
Key Benefits
Multiple evaluation formats
One‑step, two‑step and three‑step challenges let traders choose between quick funding and gradual progression, catering to both scalpers and swing traders.
Transparent risk parameters
Clear drawdown limits, profit targets and rule descriptions help traders plan their strategies and avoid hidden traps.
Zero‑commission trading
Commission‑free execution through ACG Markets reduces trading costs and improves potential profitability.
Flexible payout options
Bi‑weekly and on‑demand payouts give traders control over when to withdraw profits, with payments processed in as little as two business days.
Scaling opportunities
The ability to grow funded accounts by 10 % after achieving consistent profits allows dedicated traders to access up to $2 million in virtual capital.
Strong customer support
Trustpilot reviews highlight knowledgeable and responsive support staff who resolve issues quickly and assist with account questions.
User‑friendly platforms
Support for MT5, cTrader, DX Trade and TradeLocker, along with a modern dashboard and mobile app, provides flexibility and convenience.
Educational environment
The firm positions traders as “Analysts” and offers webinars, one‑on‑one risk reviews and a community to promote skill development.
Wide market access
Trading on major currency pairs, popular indices and precious metals provides diversification opportunities without unnecessary exotic products.
Community and transparency
Regular updates, milestone announcements and open communication foster trust and engagement among traders.
Final Verdict
Alpha Capital Group has quickly established itself as a reputable proprietary trading firm with a clear, trader‑centric ethos. Its suite of evaluation programmes allows individuals to choose between a fast‑track one‑step challenge or more conservative multi‑step approaches. The firm’s transparent rulebook, zero‑commission trading, wide platform support and responsive customer service create a supportive environment for both new and experienced traders. Trustpilot sentiment over the last three months is largely positive, with traders applauding smooth payouts and helpful staff; however, a few complaints about promotions and occasional payout delays show that it is not without flaws. Overall, Alpha Capital Group is a strong choice for traders seeking a balanced mix of flexibility, fairness and growth potential, particularly those comfortable with slightly stricter consistency rules and moderate leverage.
We're working on putting together our reviews. We'll let you know when it's been launched!
We're working on putting together our reviews. We'll let you know when it's been launched!
We're working on putting together challenges from all prop firms. We'll let you know when it's been launched!
Restricted Countries
Other restrictions
Age requirement
The site is intended for users 18 years or older.
Third‑party payments
Payments must be made using a card in the trader’s own name; third‑party payments are not accepted.
Prohibited strategies
Arbitrage, latency trading, high‑frequency trading, order‑book spamming and group trading are banned.
We're working on putting together announcements from all prop firms. We'll let you know when it's been launched!








