Alpha Capital
Alpha Capital Group (Alpha Capital) is a UK-based CFD prop firm (founded 2021) that provides simulated-funded "Qualified Analyst" accounts via ACG Markets and lets traders choose between a 1-step (Alpha One), multiple 2-step options (Alpha Pro 6% / 8% / 10% and Alpha Swing) and a 3-step (Alpha Three) evaluation. Traders get access to FX, indices, metals and oil across MT5, cTrader, DXTrade and TradeLocker, earn an 80% performance fee on eligible profits, and can scale eligible plans by 10% per 10% virtual capital growth up to a cumulative $2,000,000 across all scaled accounts, with a maximum qualified allocation of $400,000 per household before capital growth.
Program Type & Scaling
• Alpha One (1-step evaluation: 10% profit target, 4% max daily drawdown, 6% trailing max drawdown; minimum 1 trading day; leverage up to 1:30 on FX)
• Alpha Pro 6% (2-step evaluation: 6% Phase 1 and 6% Phase 2 profit targets, 3% max daily drawdown, 6% static max drawdown; minimum 3 trading days per phase; leverage up to 1:100 on FX)
• Alpha Pro 8%/10% (2-step evaluation with either 8% or 10% Phase 1 target + 5% Phase 2 target; daily loss 4% (Pro8) / 5% (Pro10); static max drawdown 8% (Pro8) / 10% (Pro10); leverage up to 1:100 on FX)
• Alpha Swing (2-step evaluation: 10% then 5% targets, 5% daily loss, 10% static max drawdown; leverage up to 1:30 on FX; designed for longer-term trading with weekend holds and relaxed news rules)
• Alpha Three (3-step evaluation: 8% then 4% then 4% targets, 4% daily loss, 6% static max drawdown; leverage up to 1:50 on FX)
• Payout options depend on plan: Pro and Three can be purchased with Bi-Weekly or On-Demand performance fees; Swing and One are On-Demand only. Scaling is available on Pro, Swing and Three up to a cumulative $2,000,000 across scaled accounts.
Scaling Plan
Alpha Capital Group offers a Scaling Plan on eligible Alpha Plans (Alpha Pro, Alpha Swing and Alpha Three). Traders who achieve a 10% virtual capital growth on their qualified account can request a scale up.
The scale amount is 10% of the initial account balance, and scaling is available up to a cumulative total of $2,000,000 across all scaled accounts.
Scaling requests are made at the withdrawal stage (profits withdrawn and the account reset to its initial balance) via the Performance Fee Request notes and by emailing support. New scaled accounts require a minimum of 5 trading days before the first performance fee is applicable.
Daily Loss Limit
Maximum Daily Loss
Alpha Capital Group enforces a plan-specific daily drawdown limit that is measured from defined daily reference points (based on balance or equity, depending on the plan). The daily loss limit is evaluated against the current equity value, and breaches are treated as a hard breach (trades are closed automatically).
- Alpha Pro 10%: 5% balance-based daily drawdown.
- Alpha Pro 8%: 4% balance-based daily drawdown.
- Alpha Pro 6%: 3% daily drawdown calculated over the higher of end-of-day balance or equity.
- Alpha Swing: 5% balance-based daily drawdown.
- Alpha One: 4% daily drawdown calculated over the higher of end-of-day balance or equity.
- Alpha Three: 4% daily drawdown calculated over the higher of end-of-day balance or equity.
Maximum Overall Loss
Maximum Overall Loss
Maximum total loss is defined by the plan’s maximum drawdown model and is set as a percentage of the initial starting balance. If balance or equity drops below the maximum drawdown threshold, the account is breached and trades are closed automatically.
- Alpha Pro: static max drawdown of 10% (Pro10) / 8% (Pro8) / 6% (Pro6).
- Alpha Swing: 10% static max drawdown.
- Alpha Three: 6% static max drawdown.
- Alpha One: 6% trailing max drawdown based on the high-water mark (maximum balance achieved).
Drawdown Model
Drawdown Model
Alpha Capital Group uses both static and trailing drawdown models depending on the plan:
- Static max drawdown: Used on Alpha Pro (6% / 8% / 10%), Alpha Swing (10%) and Alpha Three (6%). The maximum-loss line is fixed from the initial starting balance and does not move up as the account grows.
- Trailing max drawdown (high-water mark): Used on Alpha One (6%). As new balance highs are made, the trailing drawdown line moves up; once the account reaches a high-water mark equal to the trailing drawdown distance (e.g., +6% on Alpha One), the trailing drawdown becomes fixed at the initial balance.
Daily drawdown calculations also vary by plan: Pro8/Pro10 and Swing use balance-based daily limits, while Pro6, One and Three calculate daily drawdown over the higher of end-of-day balance or equity.
Leverage
| Forex | 100 |
| Crypto | N/A |
Broker
ACG Markets (FSA-regulated brokerage providing pricing and execution in Alpha Capital's simulated environment)
Commissions
Commissions
Alpha Capital Group offers both Standard (no-commission) and RAW commission models. Standard accounts do not charge commission across asset classes.
RAW accounts charge $2.50 per lot per side (about $5 per round turn) for each transaction, with indices remaining commission-free on both account types.
Tradable Assets
FX, Metals, Indices, Oil (Energy)
News & Event Trading
News trading is permitted, but Alpha Capital applies plan-specific rules around certain high-impact announcements on Qualified Analyst accounts.
- Alpha Pro 8%/10% Qualified: no executing trades (opening or closing, including pending orders, stop-loss or take-profit fills) on targeted instruments within 2 minutes before and 2 minutes after the specified news releases.
- Alpha Pro 6% / Alpha One / Alpha Three Qualified: the same restriction applies within 5 minutes before and 5 minutes after the specified releases.
- Alpha Swing: trading during major news is allowed; however, if a trade is initiated within 2 minutes before or up to 2 minutes after a release, its duration must exceed 2 minutes for the trade to be valid.
If a stop gain / take-profit is filled during the restricted window, it is treated as a violation and profits from that activity are not eligible for a performance fee.
Payouts & Profit Split
| Profit Split Start (%) | 80% |
| Minimum Payout Amount | $100 |
| Payout Frequency | Payout FrequencyAlpha Capital offers two payout schedules for qualified accounts, depending on the payout type selected at checkout:
Plan availability: Alpha Pro and Alpha Three can be purchased with Bi-Weekly or On-Demand payouts; Alpha Swing and Alpha One are offered with On-Demand payouts. |
| Payout Methods | Bank Transfer (WIRE/ACH/SWIFT), Wise, Rise (Riseworks) |
| Payment Methods | Credit/Debit Card, Crypto, PayPal |
Evaluation & Account Rules
| Challenges | Alpha Capital Group offers five evaluation tracks, each with defined profit targets, drawdown limits and minimum trading-day requirements:
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Trading Permissions
| Weekend Trades | Weekend holding rules depend on the plan and stage.
Swap/rollover charges still apply when positions are held over weekends. |
| Copy Trading | Copy trading is allowed but tightly controlled. Alpha Capital permits copy trading only where the trader can provide proof of ownership of the master account (e.g., account number/investor password/server) when requested. Copy trading between two Alpha Capital accounts can also be permitted with both account numbers disclosed. Copy trading is currently supported on MT5 only; copying trades on or from cTrader, DXTrade or TradeLocker is not possible. Only one master account can be connected at a time, and copying other traders or group trading arrangements is prohibited. |
| EA Allowed | Expert Advisors (EAs) are permitted on MT5 accounts, provided they comply with Alpha Capital’s rules. Traders must enable the EA feature at checkout and contact support for approval; Alpha Capital may request the EA's EX5 file and MQ5 market link for review. EAs are not supported on TradeLocker, DXTrade or cTrader accounts. Automated strategies that attempt to exploit unrealistic fills or use high-frequency/latency-style execution are prohibited. |
| Prohibited Strategies | Alpha Capital prohibits strategies and behaviours that are designed to exploit pricing/execution or that breach its fair-use and risk policies, including:
Violations can result in profit removal, assessment failure, qualified account termination and/or a platform ban, depending on severity. |
Other Details
| Refund Policy (Code) | Refund PolicyAlpha Capital Group states that all assessment plans are non-refundable, including after successfully passing an evaluation. |
| 3 Percent Rule (Notes) | 3 Percent RuleAlpha Capital Group does not advertise a fixed "3% per trade" rule. Instead, it controls risk through its daily drawdown and maximum drawdown limits and through behaviour-based monitoring. In particular, qualified accounts can be moved into a Risk Management Group if the trading approach is deemed high-risk (including consistently losing or risking 2% or more in a single trade or in a sequence of trades closed around the same time). The firm also enforces an anti-gambling policy against "all or nothing" behaviour and sudden, outsized lot-size changes relative to the account’s normal average. |
| Consistency Rule (Notes) | Consistency RulesAlpha Capital’s main consistency requirements are tied to its performance-fee (payout) options:
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| Indices Leverage Max | 20 |
| Metals Leverage Max | 30 |
| Days to First Payout | 14 |
| Payout Processing Time (Days) | Payout ProcessingPerformance-fee requests are submitted via the Alpha Capital dashboard and are processed and paid within about 2 business days once approved. Traders must close all trades before requesting, and the account remains locked while the balance is reset. Scaling requests (where applicable) are handled separately and are typically completed within 24–48 business hours. |
| Account Merge Allowed | No |
| Max Accounts per Trader | Account limits: Alpha Capital states there is no purchase limit for assessment accounts, but qualified funding is capped at $400,000 per household across Alpha Pro, Swing, One and Three plans. Strategy-based cap: on Qualified Analyst accounts, the maximum allocation per trading strategy is $300,000, where a "strategy" is defined by the assets traded (and Alpha Capital may treat correlated assets as the same strategy). Account merging: accounts can be merged after at least one successful payout (plan-dependent), up to a maximum of 3 accounts, and only within the same plan type. Accounts in the Risk Management Group are not eligible for merging. |
| KYC Required | No |
| KYC Stage | Alpha Capital requires identity verification (KYC) after passing an assessment and before issuing Qualified Analyst account credentials. Traders complete KYC via a third-party provider (Veriff) and must also provide the necessary withdrawal/payment details; qualified credentials are typically issued within a maximum of 2 working days after completing KYC. Payment details may be cross-checked against the verified identity, and third-party payments are not accepted. |
| Restricted Countries | Afghanistan, Belarus, Burundi, Central African Republic, Chad, Cuba, Democratic Republic of the Congo, Eritrea, Iran, Iraq, Libya, Myanmar (Burma), North Korea, Regions of Ukraine: Crimea, Donetsk and Luhansk, Republic of the Congo (Congo Brazzaville), Russia, Somalia, South Sudan, Sudan, Syria, Venezuela, Vietnam, Yemen |
| Scaling Plan Availability | No |
| Other Risk Rules | Other Risk Rules
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| Spread Quality | Through ACG Markets, Alpha Capital Group advertises an institutional-style simulated environment with ultra-low latency execution and RAW spreads starting from around 0.1 (plus commission on RAW accounts). Standard accounts are commission-free but typically have wider all-in spreads. As with any CFD environment, live spreads can widen during illiquid sessions and around major news events. |
| Slippage Policy | Orders are executed in ACG Markets' simulated institutional trading environment, designed to mirror real-market liquidity and execution conditions. Slippage can occur, particularly during high-impact news and fast markets, and losses incurred during news-related volatility remain the trader’s responsibility. Trades deemed to be exploiting unrealistic fills/prices (e.g., latency/arbitrage-style execution) can be invalidated and profits removed. |
| Martingale Allowed | Alpha Capital does not list "martingale" as a standalone permitted strategy. In practice, martingale-style progression systems (increasing risk aggressively after losses) can fall under the firm’s anti-gambling / "all or nothing" policy and risk monitoring (e.g., significant lot-size changes vs. the account’s average), which may lead to profit removal or account termination. |
| Lot Size Limits | Alpha Capital applies maximum lot exposure limits on Qualified Analyst accounts (assessed per open position, not per trade idea). Limits depend on plan and account size:
Accounts placed into the Pro Risk Management Group have reduced lot exposure limits (e.g., matching the lower Swing-style ladder). Repeated lot-limit violations can result in performance-fee forfeiture and account deactivation. |
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