Alpha Capital Review | ThePropFirmGuide
Alpha Capital
Trustpilot · reviews
Get Funded
Alpha Capital
Forex Prop Firm

A flexible multi-path prop firm — instant, 1-Step and 2-Step evaluations, up to 90% profit split and on-demand payouts.

CEO
George Kohler
Country
United Kingdom
Trustpilot
reviews
Founded
Nov 2021
In Op.
4 yrs
GET FUNDED
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Profit Split
Up to 90%
Payouts
Every 3 Days
Starts From
$18.00

Trading Platforms

cTradercTrader
DXTradeDXTrade
MT5MT5
TradeLockerTradeLocker

Payout Methods

🏦Bank Transfer
RiseworksRiseworks
WiseWise
CryptoCrypto

About Alpha Capital Group

Founded in 2021 and based in the UK, Alpha Capital Group is a proprietary trading firm offering traders access to capital up to $2,000,000 with up to a 90% profit split. The firm has paid out millions to traders worldwide and maintains a strong 4.7 TrustPilot rating with over 18,343 reviews.

Challenge Programs

Alpha Direct (Instant)

Instant qualified account — no evaluation phase. 5% EOD trailing drawdown, 3% daily loss and the highest profit split in the lineup at 90%. Sizes from $2.5K. From $18.00.

Profit Split: 90%

Leverage: 1:30 | Daily Loss: 3% | Max Loss: 5% (EOD Trailing)

Alpha One 6% (1-Step)

Single-phase evaluation with a 6% profit target and the tightest 4% EOD trailing drawdown. On-demand payouts. From $29.60.

Profit Split: 80%

Leverage: 1:30 | Daily Loss: 3% | Max Loss: 4% (EOD Trailing)

Alpha One 10% (1-Step)

Single-phase evaluation with a 10% profit target and 6% EOD trailing drawdown. On-demand payouts. From $37.60.

Profit Split: 80%

Leverage: 1:30 | Daily Loss: 4% | Max Loss: 6% (EOD Trailing)

Alpha One 12% (1-Step)

Single-phase evaluation with a 12% profit target and the widest 8% EOD trailing drawdown. Sizes up to $100K. From $40.00.

Profit Split: 80%

Leverage: 1:30 | Daily Loss: 5% | Max Loss: 8% (EOD Trailing)

Alpha Pro 6% (2-Steps)

Phase 1: 6% → Phase 2: 6%. Static 6% max loss — the cheapest entry into the two-step range. From $21.60.

Profit Split: 80%

Leverage: 1:100 | Daily Loss: 3% | Max Loss: 6% (Static)

Alpha Pro 8% (2-Steps)

Phase 1: 8% → Phase 2: 5%. Static 8% max loss with a 4% daily limit. From $29.60.

Profit Split: 80%

Leverage: 1:100 | Daily Loss: 4% | Max Loss: 8% (Static)

Alpha Pro 10% (2-Steps)

Phase 1: 10% → Phase 2: 5%. Static 10% max loss — the widest buffer of the Pro range. From $26.40.

Profit Split: 80%

Leverage: 1:100 | Daily Loss: 5% | Max Loss: 10% (Static)

Alpha Swing (2-Steps)

Phase 1: 10% → Phase 2: 5%. Built for swing traders with weekend holding and news trading permitted, on a static 10% max loss. On-demand payouts. From $40.00.

Profit Split: 80%

Leverage: 1:30 | Daily Loss: 5% | Max Loss: 10% (Static)

Key Features

• No Time Limit: Complete evaluation phases at your own pace

• Up to 90% Profit Split: 90% on Alpha Direct, 80% on Alpha One, Alpha Pro and Alpha Swing

• Multiple Platforms: Trade on cTrader, MT5, DXTrade, or TradeLocker

• Copy Trading Allowed: Trade using copy trading strategies

• EAs Allowed: Expert Advisors permitted for trading

• On-Demand Payouts: 3 days — 40% best-day rule, min 2% gross profit (Alpha Direct: 7 days, 15% best-day rule, 4% buffer)

• Bi-weekly Payouts: Alpha Pro cycle every 14 days with a $100 minimum gross withdrawal

Leverage

AssetAlpha DirectAlpha OneAlpha ProAlpha Swing
Forex
1:30
1:30
1:100
1:30
Metals
1:9
1:9
1:30
1:9
Indices
1:10
1:10
1:20
1:10
Energy
1:10
1:10
1:10
1:10
Crypto
1:2
1:2
1:2
1:2

Commissions

AssetCommission
Forex (Raw)$5/lot commission
Forex (Standard)No commission
Metals (Raw)$5/lot commission
Metals (Standard)No commission
IndicesNo commission
EnergyNo commission

Restricted Countries

Afghanistan • Belarus • Burundi • Central African Republic • Chad • Crimea • Cuba • Democratic Republic of Congo • Donetsk • Eritrea • Iran • Iraq • Libya • Luhansk • Myanmar • North Korea • Republic of Congo • Russia • Somalia • South Sudan • Sudan • Syria • Venezuela • Vietnam • Yemen
SizeProgramProfit TargetMax LossDaily LossDrawdownProfit SplitPayoutLoyaltyActivation FeePrice
40% OFF

40% Off Alpha Direct Accounts

Use code GUIDE for 40% off every Alpha Direct instant account — the $2.5K drops to $18.00.

BEST VALUE

Any $10K Account for $40

Use code 10KFOR40 to get any $10,000 account for a flat $40. On Alpha Pro 6% the standard 20% off is cheaper at $37.60 — use GUIDE there instead.

20% OFF

20% Off All Challenges

Use code GUIDE for 20% off every other Alpha Capital challenge — Alpha One, Alpha Pro and Alpha Swing.

Allowed Restricted Prohibited

Daily Loss Limit Allowed

Maximum loss allowed in a single trading day. 3% on Alpha Direct, Alpha One 6% and Alpha Pro 6% • 4% on Alpha One 10% and Alpha Pro 8% • 5% on Alpha One 12%, Alpha Pro 10% and Alpha Swing.

Expert Advisors (EA) Allowed

Expert Advisors are allowed on all Alpha Capital accounts. Both trade-management and fully automated EAs are permitted.

News Trading — Evaluation Allowed

News trading is allowed in every evaluation program with no restrictions. Restrictions only begin once you are a Qualified Analyst.

News Trading — Qualified Analyst (Funded) Restricted

Only Alpha Swing accounts may trade news on funded accounts, and any trade opened within 2 minutes before or up to 2 minutes after a release (a 4-minute window) must last longer than 2 minutes to count. Alpha Pro 8% and 10%: no trading within 2 minutes either side of high-impact news. Alpha Direct, Alpha One and Alpha Pro: no trading within 5 minutes either side of high-impact news.

Maximum Loss Restricted

Static max loss on Alpha Swing and all Alpha Pro accounts: 6% (Pro 6%), 8% (Pro 8%) or 10% (Pro 10% and Swing). End-of-day trailing max loss on Alpha Direct (5%) and all Alpha One accounts: 4% (One 6%), 6% (One 10%) or 8% (One 12%).

Inactivity Rule Restricted

Account deactivation risk — deactivation is permanent

Accounts are deactivated after 30 days of inactivity and cannot be restored. Log in and maintain an active connection to keep the account alive.

Average Trade Duration Restricted

The average duration of all your trades must exceed 2 minutes, and at least 50% of your requested profit must come from trades that lasted longer than 2 minutes.

Consistency Rule — Best Day Restricted

Applies to funded (Qualified Analyst) accounts

Alpha One, Alpha Pro and Alpha Swing funded accounts: 40% best-day rule — no single trading day may account for more than 40% of your total profit. Alpha Direct: a tighter 15% best-day rule applies.

Max Risk Per Asset Restricted

Accounts below $50,000 ($5K, $10K, $25K): 3% • Accounts of $50,000 and above ($50K, $100K, $200K): 2% • Alpha Direct (all sizes): 1%.

Maximum Lot Size (Funded) Restricted

Alpha Swing — $5K: 1.25 • $10K: 2.5 • $25K: 5 • $50K: 10 • $100K: 20 • $200K: 40 lots. Alpha Direct, Alpha One and Alpha Pro — $5K: 2.5 • $10K: 5 • $25K: 10 • $50K: 20 • $100K: 40 • $200K: 80 • $300K: 120 lots.

Drawdown Adjustment (Alpha One) Restricted

On Alpha One accounts the trailing max drawdown resets to your initial balance once you reach the program’s profit threshold. After the reset you must keep a profit buffer in the account — withdrawing all profits will close the account.

Qualified Analyst Allocation Restricted

The maximum allocation per trading strategy on a Qualified Analyst account is $300,000, where "strategy" is defined by the assets themselves.

Weekend & Overnight Holding Restricted

Positions may be held over the weekend on Alpha Swing accounts. Other programs follow program-specific rules.

KYC Verification Restricted

KYC verification is required before you receive a funded account. Alpha Capital may also run a risk interview to review your trading strategy.

Copy Trading Restricted

Allowed on personal accounts only, MT5 only. If your Alpha Capital account is the slave account you must provide proof of ownership of the master. Copying from accounts at other prop firms is prohibited.

All or Nothing Prohibited

All-or-nothing practices are prohibited across every Alpha Capital account.

Order Block Spamming Prohibited

Entering multiple orders within a short period of time is prohibited.

Account Rolling Prohibited

Taking full risk on assessment or qualified accounts purely to pass or fail, and/or passing and failing a large quantity of accounts within a short timeframe, is prohibited. Previously failed accounts are taken into consideration.

Restricted Countries

Afghanistan • Belarus • Burundi • Central African Republic • Chad • Crimea • Cuba • Democratic Republic of Congo • Donetsk • Eritrea • Iran • Iraq • Libya • Luhansk • Myanmar • North Korea • Republic of Congo • Russia • Somalia • South Sudan • Sudan • Syria • Venezuela • Vietnam • Yemen

Live On-Chain Payouts — Last 30 Days

Loading…
30D Total
30D Payouts
Largest Single
Last Payout

RISEPAY on-chain data only. Some firms also pay via wire or other crypto — figures are a partial view.

Payout Overview
80% profit split across all programs • Minimum $100 • Processing within 24–48 business hours

Bi-weekly Payout (Alpha Pro)

Every 14 days • 80% profit split • $100 minimum gross profit • A minimum of 5 trading days using the same trading strategy is required before your first performance fee. Performance fees can then be requested every 14 days. Choose Bi-weekly or On-Demand at checkout.

On-Demand Payout (Alpha Pro, Alpha Swing & Alpha One)

Request a performance fee at any time • 80% profit split • Comply with the 40% best-day rule — no single day may exceed 40% of total profit, so 3 profitable trading days minimum • Achieve a minimum of 2% gross profit on the account balance.

On-Demand Payout (Alpha Direct)

Request a performance fee at any time • 90% profit split • Reach a 3% profit buffer, then earn an additional 1% gross profit on top — effectively 4% total profit before your first payout request • Comply with the 15% best-day rule — no single day may exceed 15% of total profit, so 7 profitable trading days minimum.

Payout Methods
Bank Transfer • Riseworks • Wise • Crypto

Available Markets & Leverage

Forex

Alpha Direct
1:30
Alpha One
1:30
Alpha Pro
1:100
Alpha Swing
1:30

Metals

Alpha Direct
1:9
Alpha One
1:9
Alpha Pro
1:30
Alpha Swing
1:9

Indices

Alpha Direct
1:10
Alpha One
1:10
Alpha Pro
1:20
Alpha Swing
1:10

Energy

Alpha Direct
1:10
Alpha One
1:10
Alpha Pro
1:10
Alpha Swing
1:10

Crypto

Alpha Direct
1:2
Alpha One
1:2
Alpha Pro
1:2
Alpha Swing
1:2

Commissions

Forex (Raw)

$5/lot commission

Forex (Standard)

No commission

Metals (Raw)

$5/lot commission

Metals (Standard)

No commission

Indices

No commission

Energy

No commission

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Alpha Capital Reviews & Ratings

Rated by our community & expert team

Alpha Capital Group stands out as a reliable UK-based prop firm with a strong reputation backed by thousands of TrustPilot reviews. Led by George Kohler, the firm offers four routes to funding — the instant Alpha Direct account at a 90% split, 1-step Alpha One, 2-step Alpha Pro and the swing-focused Alpha Swing — so traders can pick the drawdown model and profit target that suit their style. Payouts can be taken on demand and paid out by bank transfer, Riseworks, Wise or crypto.

4.7 / 5
Payout Speed
4.7 / 5
Customer Support
4.8 / 5
Platform & Tools
4.7 / 5
Transparency
4.6 / 5

Summary

Alpha Capital Group is a UK-based proprietary trading firm that has built a solid reputation since its founding in November 2021 under CEO George Kohler. With the large majority of TrustPilot reviews at 5-star, the firm is praised for its professional approach, responsive support team, and reliable payouts processed within 48 business hours. Accounts run from $2,500 to $200,000, with a 90% profit split on the instant Alpha Direct account and 80% on Alpha One, Alpha Pro and Alpha Swing. Traders appreciate the range of evaluation routes, the choice of four trading platforms including cTrader, MT5, DXTrade and TradeLocker, and four payout rails — bank transfer, Riseworks, Wise and crypto. While some traders note strict KYC enforcement, the overall consensus is that Alpha Capital Group delivers on its promises for funded traders who follow the rules.

Deep Dive

More About Alpha Capital

Is Alpha Capital Group Legit?

Alpha Capital Group is a legitimate proprietary trading firm headquartered in the United Kingdom, founded in 2021. The firm has earned a strong 4.7 TrustPilot rating from over 18,343 reviews, the large majority of them 5-star. They offer transparent rules, multiple payout options through bank transfer, Riseworks, Wise and crypto, and profit splits of 80% across the evaluation programs rising to 90% on the instant Alpha Direct account. The firm requires KYC verification and may conduct risk interviews, demonstrating their commitment to compliance and legitimacy.

Alpha Capital vs Other Forex Prop Firms

Alpha Capital vs FTMO: FTMO is the most established prop firm with a 4.8 TrustPilot rating since 2014. Alpha Capital offers competitive pricing and newer programs. FTMO has higher brand recognition while Alpha Capital provides flexible evaluation options at lower entry prices — and a 90% split on Alpha Direct that FTMO does not match.

Alpha Capital vs Blueberry Funded: Both firms offer straightforward evaluation paths. Blueberry Funded provides competitive splits and simple rules. Alpha Capital counters with flexible program options and competitive pricing for traders seeking an alternative to the bigger names.

Alpha Capital vs BrightFunded: BrightFunded offers a clean evaluation experience with competitive splits. Alpha Capital provides similar accessibility with different program structures. Both firms target traders looking for reliable alternatives to the major prop firms.

Alpha Capital Frequently Asked Questions

What is the profit split at Alpha Capital Group?

Alpha Capital Group pays a 90% profit split on the instant Alpha Direct account and 80% on Alpha One (1-Step), Alpha Pro (2-Steps) and Alpha Swing. This applies to both bi-weekly and on-demand payout cycles.

What evaluation options does Alpha Capital offer?

Alpha Capital offers four routes: Alpha Direct (instant qualified, no evaluation), Alpha One (1-step, with 6%, 10% or 12% profit targets), Alpha Pro (2-step, with 6%, 8% or 10% max loss variants) and Alpha Swing (2-step, built for swing traders at 1:100 leverage). All have no time limit.

How much does an Alpha Capital account cost?

Account fees start at $30 for a $2,500 Alpha Direct account, which drops to $18 with code GUIDE for 40% off Alpha Direct. Every other program is 20% off with code GUIDE, and any $10,000 account is a flat $40 with code 10KFOR40.

What is the drawdown type at Alpha Capital?

Alpha Swing and all Alpha Pro accounts use a static max loss measured from the starting balance. Alpha Direct and all Alpha One accounts use an end-of-day trailing max loss that follows your end-of-day equity highs.

Does Alpha Capital allow Expert Advisors?

Yes, Expert Advisors (EAs) are allowed on Alpha Capital Group accounts. Both trade management and automated trading EAs are permitted.

How do Alpha Capital payouts work?

Alpha Pro offers bi-weekly payouts every 14 days with a $100 minimum and 5 trading days on the same strategy before your first payout. On-demand payouts are available on Alpha One, Alpha Pro and Alpha Swing with a 40% best-day rule and 2% minimum gross profit. Alpha Direct uses a 15% best-day rule and requires a 3% profit buffer plus 1% further profit before the first request.

How does Alpha Capital pay traders?

Alpha Capital pays performance fees by bank transfer, Riseworks, Wise or crypto, typically processed within 48 business hours.

What platforms does Alpha Capital support?

Alpha Capital supports four trading platforms: cTrader, MT5, DXTrade and TradeLocker. Traders choose their preferred platform when purchasing an account.

What is the maximum allocation at Alpha Capital?

Max allocation runs to $2,000,000, and the maximum allocation per trading strategy on a Qualified Analyst account is $300,000. Account sizes range from $2,500 to $200,000.

Is copy trading allowed at Alpha Capital?

Copy trading is allowed on personal accounts only and on MT5 only. If your Alpha Capital account is the slave account, proof of ownership of the master account is required. Copying trades from accounts at other prop firms is prohibited.

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