Alpha Capital Group
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Reviewed by PropFirm201 Research Team·At a Glance
Alpha Capital Group Homepage
Pricing & Challenge Types
Alpha Pro 10% (2-Step)
2 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $10,000 | $97 | 10% | 5% | 5% | 10% |
| $25,000 | $197 | 10% | 5% | 5% | 10% |
| $50,000 | $297 | 10% | 5% | 5% | 10% |
| $100,000 | $497 | 10% | 5% | 5% | 10% |
| $200,000 | $997 | 10% | 5% | 5% | 10% |
Alpha Pro 8% (2-Step)
2 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $10,000 | $97 | 8% | 4% | 4% | 8% |
| $25,000 | $197 | 8% | 4% | 4% | 8% |
| $50,000 | $297 | 8% | 4% | 4% | 8% |
| $100,000 | $497 | 8% | 4% | 4% | 8% |
| $200,000 | $997 | 8% | 4% | 4% | 8% |
Alpha One (1-Step)
1 phase · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $10,000 | $97 | 10% | 4% | 6% |
| $25,000 | $197 | 10% | 4% | 6% |
| $50,000 | $297 | 10% | 4% | 6% |
| $100,000 | $497 | 10% | 4% | 6% |
| $200,000 | $997 | 10% | 4% | 6% |
Alpha Swing (2-Step)
2 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $10,000 | $97 | 10% | 5% | 5% | 10% |
| $25,000 | $197 | 10% | 5% | 5% | 10% |
| $50,000 | $297 | 10% | 5% | 5% | 10% |
| $100,000 | $497 | 10% | 5% | 5% | 10% |
| $200,000 | $997 | 10% | 5% | 5% | 10% |
Alpha Three (3-Step)
3 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $10,000 | $97 | 6% | 6% | 4% | 6% |
| $25,000 | $197 | 6% | 6% | 4% | 6% |
| $50,000 | $297 | 6% | 6% | 4% | 6% |
| $100,000 | $497 | 6% | 6% | 4% | 6% |
| $200,000 | $997 | 6% | 6% | 4% | 6% |
Pros & Cons
Pros
- Zero commission on standard assessments
- Multiple challenge types (1-step, 2-step, 3-step, swing)
- No time limits on evaluation phases
- Free trial available to test conditions
- Strong Trustpilot rating of 4.7 with 18,000+ reviews
- UK-headquartered with transparent company registration
- Supports MT5, cTrader, and DXTrade platforms
Cons
- Fixed 80% profit split with no scaling to higher percentages
- 40% best day rule limits on-demand payouts
- EA approval requires submitting source code for review
- Average trade duration must exceed 2 minutes (limits scalping)
- Some reports of unexpected account closures
Trading Rules
About Alpha Capital Group
Alpha Capital Group is a proprietary trading firm founded on November 2, 2021, by George Kohler. The firm is headquartered at 10 Lower Thames Street, Billingsgate, London, United Kingdom, and is registered as Alpha Capital Group Limited with UK Companies House (company number 13719951). This UK registration provides a level of corporate transparency that many offshore prop firms cannot match.
Since its founding, Alpha Capital Group has grown rapidly, accumulating over 18,000 Trustpilot reviews with an excellent 4.7-star rating. The firm offers six distinct challenge types -- Alpha Pro 10%, Alpha Pro 8%, Alpha One, Alpha Swing, and Alpha Three -- giving traders significant flexibility in choosing an evaluation path that matches their trading style and risk tolerance.
Alpha Capital Group differentiates itself through its zero-commission standard assessments, competitive pricing (starting at $97 for a $10,000 account), and support for multiple trading platforms including MT5, cTrader, and DXTrade. The firm allows trading across forex pairs, indices, and commodities.
The firm is best suited for forex traders who appreciate having multiple challenge options and want to trade on a well-established platform with transparent UK company registration. Swing traders will particularly appreciate the Alpha Swing challenge, which allows weekend holding. However, the fixed 80% profit split (with no scaling to higher percentages) is a notable drawback compared to competitors that offer up to 90-100%.
How Alpha Capital Group Works
Alpha Capital Group offers six different evaluation programs:
Alpha Pro 10% (2-Step): The firm's flagship challenge with a 10% Phase 1 target and 5% Phase 2 target. Features a 10% static maximum drawdown and 5% balance-based daily drawdown. This provides the best value and highest amount of "true backing" for the evaluation fee.
Alpha Pro 8% (2-Step): A slightly easier variant with an 8% Phase 1 target and 4% Phase 2 target. The maximum drawdown is 8% static and daily drawdown is 4%.
Alpha One (1-Step): A single-phase evaluation requiring a 10% profit target with a 6% trailing maximum drawdown and 4% daily drawdown. Faster path to funding but with tighter trailing drawdown.
Alpha Swing (2-Step): Designed for long-term position traders, mirroring the Pro 10% targets (10%/5%) and drawdown limits (10% static). The key advantage is that weekend holding is fully permitted on funded accounts. Entry prices are higher and leverage is limited to 1:30.
Alpha Three (3-Step): A three-phase evaluation with 6% profit targets per phase, a 6% static maximum drawdown, and 4% daily drawdown. Offers a more gradual evaluation process.
All challenges have unlimited trading days and require a minimum of 3 trading days per phase. Once funded, traders must complete 5 trading days with consistent strategy before their first bi-weekly payout.
Pricing & Plans
All challenge types share the same base pricing structure:
| Account Size | Fee |
|---|---|
| $10,000 | $97 |
| $25,000 | $197 |
| $50,000 | $297 |
| $100,000 | $497 |
| $200,000 | $997 |
Standard assessments are commission-free, while RAW assessments incur a $2.50 per lot commission. The challenge fee is refundable upon successfully passing and receiving a funded account. A free trial is also available for traders who want to test the platform conditions before committing.
Discounts of up to 15% are frequently available through promotional codes.
Rules & Restrictions
Risk Management:
- Daily loss limit: 4-5% depending on challenge type (balance-based)
- Maximum drawdown: 6-10% depending on challenge type (static or trailing)
- 40% best day rule: No single trading day's profit can exceed 40% of total profits for on-demand payouts
Trading Rules:
- Minimum 3 trading days per evaluation phase
- Minimum 5 trading days with consistent strategy before first funded payout
- No time limits on any evaluation phase
- Average trade duration must exceed 2 minutes (limits high-frequency scalping)
- News trading is permitted
- Weekend holding varies by challenge type (fully allowed on Swing, soft breach risk on Pro Qualified)
- EAs are allowed but must be pre-approved by submitting the EX5 (Set File) and MQ5 (Source Code) to support
- Copy trading is permitted but only from accounts you own (master account proof required)
- High-frequency, arbitrage, and latency-based EAs are strictly prohibited
Leverage:
- Up to 1:100 on standard challenges
- 1:30 on Alpha Swing
Payouts
- Frequency: Bi-weekly or on-demand (trader's choice via dashboard)
- Processing: Via Wise, Rise, or bank wire transfer
- Profit Split: 80% fixed
- Scaling: 10% account growth triggers scaling option; accounts can scale up to $2 million
- Commission on Payouts: $0 -- Alpha Capital covers transaction fees
- On-Demand Payout Requirement: Subject to the 40% best day rule
Is Alpha Capital Group Legit?
Alpha Capital Group benefits from its UK company registration (Companies House number 13719951), which provides a verifiable corporate identity. The firm's 4.7-star Trustpilot rating from 18,000+ reviews is one of the strongest in the prop trading industry, with 86% of reviews being 5-star. The company responds to approximately 78% of negative feedback, typically within one week.
However, the firm is not regulated by the Financial Conduct Authority (FCA) or any other financial regulator. Around 9% of reviewers have reported issues with account closures or withdrawal problems. Some traders have accused the firm of backend interference affecting payouts, though these claims represent a small minority of overall reviews.
Alpha Capital Group's transparent UK registration, high review volume, responsive customer service, and consistent payout processing make it a generally well-regarded option in the prop trading space. The free trial offering also allows traders to test conditions before committing real money.
FAQ
What is Alpha Capital Group?
Alpha Capital Group is a UK-based proprietary trading firm founded in 2021 that offers six different evaluation challenges (1-step, 2-step, and 3-step) for forex, indices, and commodities traders. The firm provides funded accounts up to $200,000 with scaling potential to $2 million, and processes payouts via bank transfer or Wise.
How much does Alpha Capital Group cost?
Challenge fees range from $97 for a $10,000 account to $997 for a $200,000 account. Standard assessments are commission-free. The fee is refundable upon successfully passing the evaluation and receiving a funded account.
What is Alpha Capital Group's profit split?
Alpha Capital Group offers a fixed 80% profit split to funded traders. Unlike some competitors, this percentage does not increase based on performance or tenure. The firm covers all transaction fees on payouts.
Does Alpha Capital Group allow EAs/bots?
Yes, but with restrictions. Traders must submit their EA's source code (MQ5) and set file (EX5) for review and pre-approval before use. Personal or custom-built EAs for standard trade execution are permitted, but high-frequency, arbitrage, copy trading, and latency-based EAs are strictly prohibited.
Is Alpha Capital Group available in the US?
Alpha Capital Group does not explicitly market to US traders and availability may be restricted. US-based traders should contact the firm's support team directly to verify eligibility before purchasing a challenge.