Alpha Capital

Headquartered in United Kingdom Founded in 2021
Updated December 24, 2025

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.

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Max Allocation $400,000 Capital Profit Split 80% Payout structure Platforms Alpha Capital MT5MT5 Alpha Capital cTradercTrader Alpha Capital DXtradeDXtrade Alpha Capital TradeLockerTradeLocker

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 Frequency

Alpha Capital offers two payout schedules for qualified accounts, depending on the payout type selected at checkout:

  • Bi-Weekly: performance-fee requests are available every 14 days (starting 14 days after the initial trade on the qualified account). The first request requires a minimum of 5 trading days using the same trading strategy, and the minimum withdrawal is $100 gross profits.
  • On-Demand: traders can request a payout at any time once they have at least 2% gross profit in the account and meet the 40% Best Day Rule (no single day contributes more than 40% of total profits).

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:

  • Alpha One (1 Step): 10% profit target, 4% daily drawdown and 6% trailing max drawdown (high-water mark model). Minimum 1 trading day to complete the evaluation. Weekend holds are allowed, and performance fees are On-Demand.
  • Alpha Pro 6% (2 Step): 6% profit target in Phase 1 and 6% in Phase 2, with a 3% daily drawdown (calculated from the higher of end-of-day balance or equity) and a 6% static max drawdown. Minimum 3 trading days per phase. Weekend holds are allowed in evaluation, but not on the qualified stage. Bi-Weekly or On-Demand performance fee options at checkout.
  • Alpha Pro 8% / Pro 10% (2 Step): Phase 1 target is either 8% (Pro8) or 10% (Pro10), Phase 2 target is 5%. Daily drawdown is balance-based (4% Pro8 / 5% Pro10) with static max drawdown (8% Pro8 / 10% Pro10). Minimum 3 trading days per phase. Weekend holds are allowed in evaluation, but not on the qualified stage. Bi-Weekly or On-Demand performance fee options at checkout.
  • Alpha Swing (2 Step): 10% Phase 1 and 5% Phase 2 targets, 5% daily drawdown (balance-based) and 10% static max drawdown, with reduced lot exposure versus Pro. Designed for longer-term trading with weekend holds allowed and a more permissive approach to news trading. Swing accounts are offered with On-Demand performance fees.
  • Alpha Three (3 Step): 8% / 4% / 4% targets across three phases, 4% daily drawdown (from the higher of end-of-day balance or equity) and 6% static max drawdown. Minimum 3 trading days per phase. Weekend holds are allowed. Bi-Weekly or On-Demand performance fee options at checkout.

Trading Permissions

Weekend Trades

Weekend holding rules depend on the plan and stage.

  • Alpha Pro: holding trades over the weekend is allowed during the Evaluation phase, but is not allowed on the Qualified Analyst account stage (treated as a soft breach with profits removed).
  • Alpha Swing / Alpha One / Alpha Three: weekend holding is allowed during both the Evaluation phase and on the Qualified Analyst account 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:

  • Arbitrage, latency trading, front-running and other attempts to exploit unrealistic fills or price feeds.
  • High-frequency trading and ultra-short-term execution patterns that do not reflect sustainable trading.
  • Reverse trading and group hedging (including coordinated trading across multiple accounts).
  • Order-block / order-book spamming (entering multiple orders in a short period of time).
  • Group trading, signal-following schemes, or account-management services.
  • Hedging across separate Alpha Capital accounts (hedging is only allowed within the same instrument on the same account).
  • "All or nothing" / gambling behaviour, including sudden outsized lot-size changes relative to the account’s normal average.

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 Policy

Alpha Capital Group states that all assessment plans are non-refundable, including after successfully passing an evaluation.

3 Percent Rule (Notes)

3 Percent Rule

Alpha 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 Rules

Alpha Capital’s main consistency requirements are tied to its performance-fee (payout) options:

  • On-Demand payouts: require the 40% Best Day Rule (no single trading day can contribute more than 40% of total profits) and a minimum of 2% gross profit in the account before requesting a withdrawal.
  • Bi-Weekly payouts: are available every 14 days, and the first performance-fee request requires a minimum of 5 trading days using the same trading strategy. The stated minimum withdrawal is $100 in gross profits.
Indices Leverage Max 20
Metals Leverage Max 30
Days to First Payout 14
Payout Processing Time (Days)

Payout Processing

Performance-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

  • Inactivity: accounts are deactivated after 30 consecutive days without trading activity.
  • 2-minute trade duration rule: the average duration of all trades must exceed 2 minutes, and at least 50% of targeted (evaluation) or requested (qualified) profits must come from trades held longer than 2 minutes; breaches can trigger a reset or profit removal depending on stage.
  • News restrictions on qualified accounts: Pro accounts have a no-execution window around specific high-impact announcements (2 minutes each side for Pro8/10; 5 minutes each side for Pro6, One and Three). Swing accounts allow news trading but trades initiated inside a 4-minute window must last longer than 2 minutes.
  • Weekend rules: weekend holding is allowed on evaluation accounts, but Alpha Pro qualified accounts do not allow holding trades over the weekend (violations are treated as a soft breach with profits removed). Swing, One and Three allow weekend holds on qualified accounts.
  • Prohibited behaviours: the firm prohibits strategies that attempt to exploit unrealistic fills or prices (e.g., arbitrage/latency/front-running/high-frequency trading), order-book spamming, reverse trading/group hedging, and group trading or signal-following patterns.
  • Hedging & stacking: hedging is allowed within the same instrument on the same account, but hedging across two Alpha Capital accounts is prohibited; opening 3+ trades (stacking) is permitted.
  • Payments & compliance: third-party payments are not accepted, and payment details are cross-checked against the trader’s verified identity during KYC.
  • Allocation controls: while there is no purchase limit for evaluation accounts, qualified accounts are capped at $400,000 per household before capital growth, with a $300,000 per-strategy (asset-based) cap.
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:

  • Alpha Pro / Alpha One / Alpha Three: $5k=2.5 lots, $10k=5, $25k=10, $50k=20, $100k=40, $200k=80, $300k=120.
  • Alpha Swing: $5k=1.25 lots, $10k=2.5, $25k=5, $50k=10, $100k=20, $200k=40, $300k=60.

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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