Alpha Capital Review 2026
CFD / ForexEst. 2021United Kingdomdata verified Aug 9, 2026#8 of 16 CFD / Forex firms · Reviewed by Ayub Rana, CA
Verdict
Our verdict on Alpha Capital
Draft: pending reviewUpdated
Squad score
Trustpilot: rating restricted
What makes up that score
- Pricing & value
- 3.7
- Rules fairness
- 3.3
- Payout reliability
- 4.3
- Support
- 4.4
- Platforms
- 4.5
Scored by Ayub Rana against our published methodology.
Alpha Capital Group is a UK-based prop firm whose flagship Alpha Pro 2-step evaluation runs $97 (10K) to $997 (200K), using a static 10% maximum drawdown with a 5% balance-based daily limit and 10%/5% phase targets. It also sells Alpha One (1-step, 6% trailing), Alpha Swing (weekend holding permitted), and Alpha Three (3-step) variants. The performance split is 80% (90% via paid add-on), payouts are bi-weekly or on-demand via Rise, Wise, or bank transfer, and on-demand withdrawals require a 40% best-day rule plus at least 2% profit. News trading is restricted in 2-5 minute windows on funded accounts and 3 minimum trading days apply per phase.
- News trading allowed
- EAs allowed
- 40% consistency cap
- 3 minimum trading days
- Weekend holding allowed
Pros & Cons
Alpha Capital pros & cons
The strengths and trade-offs our editors weigh when scoring this firm.
What traders like
- Six evaluation routes across 1-step, 2-step and 3-step formats, so traders can pick the drawdown model that suits them rather than one fixed challenge.
- Weekend and overnight holding is allowed at every stage on Alpha One, Alpha Three and Alpha Swing, which many competitors restrict to a paid swing add-on.
- Payouts can be taken bi-weekly from a $100 minimum profit, or on-demand, and the firm states performance fees are processed within 2 business days.
- Leadership is publicly named on the firm's own about page (founder and MD George Kohler, co-founder Andrew Blaylock) and the UK company is registered at Companies House.
What to watch
- The rulebook is dense: a 2-minute average trade duration rule requiring at least 50% of profit from trades held over 2 minutes, per-plan lot caps, an IP rule, and a 30-day inactivity deactivation.
- On-demand withdrawals are gated by a 40% best-day rule, so no single day may account for more than 40% of cumulative profit.
- Qualified Analyst accounts on Alpha Pro, One, Three and Direct face a 10-minute news blackout (5 minutes either side of high impact releases) that also catches stop-loss and take-profit triggers as a soft breach.
- Expert Advisors are limited to non-executing risk and trade management tools; fully automated execution, third-party bots, HFT and latency arbitrage are prohibited, and EAs are unavailable on cTrader, DXtrade and TradeLocker.
- Alpha Pro does not allow weekend holds on the Qualified Account stage, unlike the other plans.
- The Trustpilot profile carries a platform guidelines warning, recorded separately.
Pricing
Alpha Capital challenge pricing
Every account size and step count Alpha Capital sells, with targets and drawdown limits in one table.
| Program | Account size | Price | Profit target(s) | Max daily loss | Max drawdown | Drawdown type | Split | Refundable |
|---|---|---|---|---|---|---|---|---|
| Alpha Pro 6% 5KCheapest | $5,000 | $40 | 6% / 6% | 3% | 6% | Static | 80% | No |
| Alpha One 5K | $5,000 | $50† | 10% | 4% | 6% | — | 80% | No |
| Alpha Three 10K | $10,000 | $67 | 8% / 4% / 4% | 4% | 6% | Static | 80% | No |
| Alpha Pro 6% 10K | $10,000 | $67 | 6% / 6% | 3% | 6% | Static | 80% | No |
| Alpha One 10K | $10,000 | $99 | 10% | 4% | 6% | — | 80% | No |
| Alpha Three 25K | $25,000 | $157 | 8% / 4% / 4% | 4% | 6% | Static | 80% | No |
| Alpha Pro 6% 25K | $25,000 | $137 | 6% / 6% | 3% | 6% | Static | 80% | No |
| Alpha One 25K | $25,000 | $197 | 10% | 4% | 6% | — | 80% | No |
| Alpha Three 50K | $50,000 | $247 | 8% / 4% / 4% | 4% | 6% | Static | 80% | No |
| Alpha Pro 6% 50K | $50,000 | $237 | 6% / 6% | 3% | 6% | Static | 80% | No |
| Alpha One 50K | $50,000 | $297 | 10% | 4% | 6% | — | 80% | No |
| Alpha Swing 100K | $100,000 | $577‡ | 10% / 5% | 5% | 10% | Static | 80% | No |
| Alpha Three 100K | $100,000 | $397 | 8% / 4% / 4% | 4% | 6% | Static | 80% | No |
| Alpha Pro 6% 100K | $100,000 | $427 | 6% / 6% | 3% | 6% | Static | 80% | No |
| Alpha One 100K | $100,000 | $497 | 10% | 4% | 6% | — | 80% | No |
| Alpha Three 200K | $200,000 | $697 | 8% / 4% / 4% | 4% | 6% | Static | 80% | No |
| Alpha Pro 6% 200K | $200,000 | $847 | 6% / 6% | 3% | 6% | Static | 80% | No |
| Alpha One 200K | $200,000 | $997 | 10% | 4% | 6% | — | 80% | No |
Read the fine print
- †Evaluation fee is not refunded on passing; the firm states the fee buys platform access and evaluation, and passing leads to performance fees rather than a fee refund.
- ‡Swing plan permits overnight and weekend holds at every stage; payouts on Alpha Swing are on-demand only.
Rules
Alpha Capital rules, explained
The rules that actually get traders breached: what they are and how this firm sets them.
| Rule | Alpha Capital | Why it matters |
|---|---|---|
| Drawdown type | Hybrid | Trailing drawdown follows your equity peak and is the #1 cause of surprise breaches; static drawdown is fixed from starting balance and far more forgiving. |
| Consistency rule | 40% cap per day | Caps how much of your total profit can come from a single day. A strict cap can delay or void payouts for traders with a few big wins. |
| News trading | Allowed | Some firms void trades placed around high-impact news releases, which is critical if you trade NFP, CPI, or rate decisions. |
| Expert advisors (EAs) | Allowed | Determines whether automated strategies and copiers are permitted, and whether an EA can get your account flagged. |
| Minimum trading days | 3 days | The floor on how fast you can pass a phase, which matters if you trade infrequently or want to pass quickly. |
| Weekend / overnight holding | Allowed | Swing traders need positions to survive the Friday close. Where holding is barred, open trades are closed for you and gaps cannot be traded. |
| Copy trading | Not allowed | Decides whether you can mirror one strategy across several accounts. Most firms that allow it restrict it to accounts you own yourself. |
| High-frequency trading | Not allowed | Firms police latency arbitrage and tick scalping hard, and an HFT breach is one of the most common reasons a passed account is voided. |
We track every rule change Alpha Capital makes and log it here with dates and sources. No changes recorded yet.
Payouts
Alpha Capital payout data
Advertised terms plus what we can verify from dated community payout proofs.
- Profit split
- 80%
- Payout frequency
- Bi-weekly (every 14 days) or on-demand
- Avg. payout time (tracked)
- 2 days
- Payout methods
- Wise, Bank transfer, Other
- First payout after
- 14 days
- Minimum payout
- $100
How the split scales
80% standard on Qualified Analyst accounts, rising to 90% with the paid 90% performance fee split add-on or on Alpha Direct
We publish payout-speed distributions from dated community proofs rather than trusting advertised numbers. Alpha Capital's tracker goes live once we have enough verified data points.
Trust & Company
Is Alpha Capital legit? Trust & company facts
Who runs Alpha Capital, how long they have operated, and what independent review platforms say. Check availability for your country below.
| Established | Nov 2, 2021 |
|---|---|
| Headquarters | United Kingdom |
| Founder and Managing Director | George Kohler |
| Ways to pay | Credit / debit card, Crypto |
| Registered entity | ALPHA CAPITAL GROUP LIMITEDCompanies House 13719951 |
| Trustpilot score | Restricted by Trustpilot (see notice above) |
| Squad score | 4.0/5 across 5 criteria |
| Max allocation | $400K |
| Status | Listed |
| Data last verified | Aug 9, 2026 |
Official websiteTrustpilot profileCommunity Discord
Platforms & Conditions
Platforms, assets & trading conditions
The platforms Alpha Capital supports, the markets you can trade, and the leverage and commissions that set the real cost of a strategy.
Platforms
- TradeLocker
- cTrader
- DXTrade
- MT5
Assets
- Forex
- Indices
- Metals
- Energy
Program types
- 1-step
- 2-step
- 3-step
Broker / liquidity provider
ACG Markets
Who actually executes your fills sets your spreads, your slippage, and how closely the evaluation matches live conditions.
Maximum leverage
| Asset | 1-step | 2-step | 3-step |
|---|---|---|---|
| Forex | 1:30 | 1:100 | 1:50 |
| Indices | 1:10 | 1:20 | 1:10 |
| Metals | 1:9 | 1:30 | 1:9 |
| Energy | 1:10 | 1:10 | 1:10 |
Leverage caps your position size, so it decides which strategies fit this firm at all. Some firms reduce it once you are funded.
Commissions
| Asset | Cost per trade |
|---|---|
| Forex | None, raw spread pricing |
| Indices | None, raw spread pricing |
| Metals | None, raw spread pricing |
| Energy | None, raw spread pricing |
Commission is the recurring cost of trading here, charged on every lot whether the trade wins or loses. It matters most if you scalp or trade high volume.
FAQ
Alpha Capital: frequently asked questions
Short, direct answers to what traders ask most before buying a challenge here.
Is Alpha Capital legit?
Alpha Capital has operated since 2021, holds a 4.7/5 Trustpilot rating, scores 4.4/5 across 978 trader reviews on our platform. We track its rules, payouts and Trustpilot trend continuously and flag any firm that stops paying traders.
How much does a Alpha Capital challenge cost?
Challenges start around $40 for the smallest account size. See the pricing table above for every size and step count.
What profit split does Alpha Capital offer?
Alpha Capital pays funded traders up to 80% of profits.
How fast does Alpha Capital pay out?
Alpha Capital pays Bi-weekly (every 14 days) or on-demand, and community payout proofs we track average 2 days from request to receipt.
What trading platforms does Alpha Capital support?
Alpha Capital supports TradeLocker, cTrader, DXTrade, MT5.
What is the maximum funding at Alpha Capital?
Alpha Capital advertises up to $400,000 in trading capital through account scaling.
Alternatives
Alternatives to Alpha Capital
Top-rated firms traders compare against this one.
| Metric | Alpha Capital | The5ers | Hola Prime |
|---|---|---|---|
| Squad score | 4/5 | 4.3/5 | 4/5 |
| Trustpilot | 4.7/5 | 4.7/5 | 4.5/5 |
| Max funding | $400K | $4M | $800K |
| Profit split | 80% | 80% | 80% |
| Cheapest challenge | $40 | $19 | $9 |
