✅ Verdict: I think Alpha Capital is one of the most reliable and well-rounded prop firms out there. It delivers fair pricing, flexible payouts, and strong platform options, even if the limited instrument range and lack of instant challenges hold it back slightly.
⭐ Reputation: Trustpilot rating of 4.6, known for reliability and timely payouts.
💸 Payouts: 80% profit split across all accounts.
1-Step & 2-Step Swing: On-Demand only.
2-Step Pro & 3-Step Alpha Three: Bi-weekly or On-Demand.
📊 Trading Conditions: MT5, cTrader, DXTrade, and TradeLocker platforms.
Leverage up to 1:100 with around 40 instruments. Competitive spreads.
💰 Pricing: Challenges range from $40 to $1,097, matching industry averages across 1-, 2-, and 3-step programs.
🔑 Standout Features: On-Demand payouts, scaling up to $2M, fixed salary on live accounts, and access to multiple trading platforms.
| Pros | Cons |
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Prop firms often advertise flexible trading styles, but the fine print typically reveals hidden restrictions. In my opinion, Alpha Capital supports nearly all legitimate trading styles, with only minor restrictions on scalping. Overall, the trading conditions are quite favorable.
News trading is allowed during evaluation. In the funded phase, a 4-minute window applies to Alpha Pro 8% and 10%, and a 10-minute window to Alpha Pro 6%, One, and Three. For the (2-Step) Swing plan, news trading is permitted, but trades opened within 2 minutes before or after a release must stay active for at least 2 minutes.
Alpha Capital allows swing trading, enabling positions to be held overnight and over weekends. However, the swap fees applied to overnight positions and the triple-swap charge applied on Wednesday for weekend holdings may pose a drawback. Traders must manage these costs carefully, along with the risks associated with volatility, liquidity, and spread fluctuations.
Alpha Capital permits scalping; however, the average trade duration must exceed two minutes. In my opinion, this could be a minor limitation for scalpers using 1-minute timeframes, as trades often close very rapidly.
Alpha Capital is suitable for day traders, offering competitive spreads, fast execution, leverage up to 1:100, and access to more than 40 instruments.
Alpha Capital Group allows automated trading; however, traders must obtain prior approval for their Expert Advisors (EAs) by submitting the EX5, MQ5, and set files for review. Once approved by Alpha Capital, the EA can be used on the account. In my opinion, this requirement may be restrictive, as some traders prefer not to disclose their code to a third party. As long as the strategy adheres to the rules, prior code submission should not be necessary. Currently, EA functionality is supported only on the MT5 platform and is not available on cTrader, TradeLocker, or DXTrade.
Traders may use their own external accounts as the Master account for copy trading. Proof of ownership is required, including the Account Number, Investor Password, and Server details. Once verified, copy trading will be approved.
Copy trading is not supported on cTrader, DXtrade, or TradeLocker accounts at this time.
Alpha Capital offers access to around 40 tradable instruments, including forex, metals, indices, and commodities, allowing traders to diversify their strategies across multiple markets. I think the absence of crypto assets is a slight drawback.
| 🏢Headquarters | UK |
| 📅Foundation Year | 2021 |
| ⚖️Regulations | - |
| 🏆Challenge Types | 1-Step, 2-Step, 3-Step |
| 💲Challenge Price | $40 – $1,097 |
| 💼Account Size | $5K – $200K |
| 💰Maximum Capital | $2 million |
| 📈Scaling Plan | Yes |
| 💸Profit Split | Up to 80% |
| 🎯Profit Target Range | 4% – 10% |
| ⚠️Maximum Daily Loss | 3% – 5% |
| 💻Trading Platforms | MetaTrader 5, Trade Locker, cTrader, DXtrade |
| 📊Tradable Instruments | Forex, Metals, Energies, Indices |
| 📏Maximum Leverage | 1:100 |
| 🎮Demo Account | Yes |
| 🧑💻Customer Support | Chatbot, Email, Live Chat |
| ⭐Trustpilot Rating | 4.6 |
In my opinion, Alpha Capital has built a strong reputation for transparency and reliability, with over $48 million distributed across more than 21K verified payouts through Payout Junction. The firm holds a solid 4.2 Trustpilot rating, with 85% of reviews being five-star. In my own testing, Alpha Capital delivered consistent and timely payouts, transparent rules, and responsive support. Both the AI chatbot and live chat provided accurate, prompt assistance, aligning with Trustpilot feedback praising reliable payouts, fair policies, and 24/5 customer service. The platform is user-friendly, with a smooth funding process.
Alpha Capital is a proprietary trading firm established in 2016, led by CEO Andrew Blaylock and George Kohler. The company is registered in England and Wales as Alpha Capital Group Limited under company number 13719951 and is based in London. It has over 200 employees, which adds to its stability and operational strength.
Alpha Capital holds an impressive 4.6 Trustpilot rating based on over 14K reviews, with approximately 85% of them being five-star.(Check date 30 Oct 2025).
Most prop firms aren’t fully transparent, which makes it hard to know what the real rules are. Here’s the straightforward version without the hidden details.
Alpha Capital provides clear and transparent trading rules, including defined profit targets, drawdown limits, and guidelines for news trading and EA usage. However, there are some strategy-related restrictions that are easily available on the Prohibited Trading Section, which traders should always consider before joining.
Payout Junction verifies that Alpha Capital has distributed over $48 million across more than 21K payouts, including one exceeding $109K, demonstrating the firm’s fairness and commitment to transparent, trader-focused payout practices. (Check Date: 30 Oct 2025)
Note: Payout Junction only tracks payments made through Riseworks, so it doesn’t provide the full picture, but it still serves as a useful metric for evaluation.
Website: The Alpha Capital website features a clean, professional, and user-friendly design that makes navigation effortless. Challenges, rules, and FAQs are clearly presented, while the terms and client agreement are easy to locate, reflecting the firm’s commitment to transparency. With a trader-focused layout, integrated AI chatbot, intuitive search function, and responsive support, the platform provides an efficient and trustworthy user experience.
Social Media: Alpha Capital maintains a strong online presence, with over 82K followers and more than 1,800 posts on Instagram. Its YouTube channel has over 34K subscribers and more than 1K videos, while its Twitter account boasts around 78K followers. Additionally, the firm’s active Discord community further reinforces its strong digital footprint and engagement with traders.
Risk Management: Alpha Capital enforces strict risk management policies to ensure fair and consistent trading conditions. The rules prohibit gambling behavior and promote trading consistency by not allowing traders to lose or risk 2% or more in a single trade or in a group of trades closed around the same time. It also enforces that at least 50% of profits must come from trades held longer than 2 minutes to avoid High Frequency Trading. In addition, practices such as latency trading, arbitrage, reverse trading, group hedging, order book spamming, and coordinated group or signal trading are strictly forbidden.
Alpha Capital offers 1-Step, 2-Step, and 3-Step challenges, each designed to accommodate different trading styles. The profit target is slightly higher than the average in the 2-Step (Alpha Pro & Swing) and 3-Step challenges, making them a bit more challenging to pass, while the 1-Step challenge provides profit and drawdown parameters aligned with industry standards. All challenges include standard parameters such as Maximum Drawdown, Daily Drawdown, and a Profit Target. A minimum of three trading days is required for each phase, except for Alpha One, which requires only one trading day. News trading, Expert Advisors (EAs), and copy trading are permitted, giving traders added flexibility in their approach.
| Challenge Name | Alpha One (1-Step) | Alpha Pro 6%(2-Step) |
Alpha Pro 8%(2-Step) |
Alpha Pro 10%(2-Step) |
Swing (2-Step) |
Alpha Three (3-Step) |
| Profit Share | 80% | 80% | 80% | 80% | 80% | 80% |
| Minimum Trading Days | 1 Day | 3 Days for each phase | 3 Days for each phase | 3 Days for each phase | 3 Days for each phase | 3 Days for each phase |
| Profit Target | 10% |
P1: 6% P2: 6% |
P1: 8% P2: 5% |
P1: 10% P2: 5% |
P1: 10% P2: 5% |
P1: 8% P2: 4% P3: 4% |
| Maximum Drawdown | 6% | 6% | 8% | 10% | 10% | 6% |
| Maximum Drawdown Type | Trailing (Account balance) | Static | Static | Static | Static | Static |
| Daily Loss Limit | 4% | 3% | 4% | 5% | 5% | 4% |
| Daily Drawdown Type | Trailing (Balance or equity, whichever is greater) | Trailing (Balance or equity, whichever is greater) | Trailing (EOD – Balance based) | Trailing (EOD – Balance based) | Trailing (EOD – Balance based) | Trailing (Balance or equity, whichever is greater) |
| News Trading Allowed | Yes | Yes | Yes | Yes | Yes | Yes |
| Expert Advisor | Yes | Yes | Yes | Yes | Yes | Yes |
| Copy Trading | Yes | Yes | Yes | Yes | Yes | Yes |
| Consistency Rule | No | No | No | No | No | No |
| Weekend Holding | Yes | Yes | Yes | Yes | Yes | Yes |
| Payout | On Demand | Bi-weekly or On Demand | Bi-weekly or On Demand | Bi-weekly or On Demand | On Demand | Bi-weekly or On Demand |
💵 Accounts: $5K ($50) → $200K ($997)
🎯 Target: 10%
📉 Drawdown: 4% Daily Drawdown (Trailing EOD – Balance or equity, whichever is greater) | 6% Maximum Drawdown (Trailing – Account balance)
💰 Profit Split: 80%
⚡ Trading: ✅ News | ✅ EAs | ✅ Copy trading | ✅ Weekend
📅 Funded Stage: No Scaling Plan | No Challenge Fee Refund | Consistency Rule: 40% (On-demand payout)
⚙️ Challenge Parameters: 🟢Consistency Rule: None | 🔴Minimum Trading Days: 1
💵 Accounts: $5K ($40) → $200K ($847)
🎯 Target: 1 Step = 6% | 2 Step = 6%
📉 Drawdown: 3% Daily Drawdown (Trailing EOD – Balance or equity, whichever is greater) | 6% Maximum Drawdown (Static)
💰 Profit Split: 80%
⚡ Trading: ✅ News | ✅ EAs | ✅ Copy trading | ✅ Weekend
📅 Funded Stage: Scaling up to $2 million | No Challenge Fee Refund | Consistency Rule: 40% (On-demand payout)
⚙️ Challenge Parameters: 🟢Consistency Rule: None | 🔴Minimum Trading Days: 3
💵 Accounts: $5K ($77) → $200K ($1,097)
🎯 Target: 1 Step = 8% | 2 Step = 5%
📉 Drawdown: 4% Daily Drawdown (Trailing EOD – Balance based) | 8% Maximum Drawdown (Static)
💰 Profit Split: 80%
⚡ Trading: ✅ News | ✅ EAs | ✅ Copy trading | ✅ Weekend
📅 Funded Stage: Scaling up to $2 million | No Challenge Fee Refund | Consistency Rule: 40% (On-demand payout)
⚙️ Challenge Parameters: 🟢Consistency Rule: None | 🔴Minimum Trading Days: 3
💵 Accounts: $5K ($50) → $200K ($997)
🎯 Target: 1 Step = 10% | 2 Step = 5%
📉 Drawdown: 5% Daily Drawdown (Trailing EOD – Balance based) | 10% Maximum Drawdown (Static)
💰 Profit Split: 80%
⚡ Trading: ✅ News | ✅ EAs | ✅ Copy trading | ✅ Weekend
📅 Funded Stage: Scaling up to $2 million | No Challenge Fee Refund | Consistency Rule: 40% (On-demand payout)
⚙️ Challenge Parameters: 🟢Consistency Rule: None | 🔴Minimum Trading Days: 3
💵 Accounts: $5K ($70) → $200K (1,097), Scalable up to $2 million
🎯 Target: 1 Step = 10% | 2 Step = 5%
📉 Drawdown: 5% Daily Drawdown (Trailing EOD – Balance based) | 10% Maximum Drawdown (Static)
💰 Profit Split: 80%
⚡ Trading: ✅ News | ✅ EAs | ✅ Copy trading | ✅ Weekend
📅 Funded Stage: Scaling up to $2 million | No Challenge Fee Refund | Consistency Rule: 40% (On-demand payout)
⚙️ Challenge Parameters: 🟢Consistency Rule: None | 🔴Minimum Trading Days: 3
💵 Accounts: $10K ($67) → $200K ($697), Scalable up to $2 million
🎯 Target: 1 Step = 8% | 2 Step = 4% | 3 Step = 4%
📉 Drawdown: 4% Daily Drawdown (Trailing EOD – Balance or equity, whichever is greater) | 6% Maximum Drawdown (Static)
💰 Profit Split: 80%
⚡ Trading: ✅ News | ✅ EAs | ✅ Copy trading | ✅ Weekend
📅 Funded Stage: Scaling up to $2 million | No Challenge Fee Refund | Consistency Rule: 40% (On-demand payout)
⚙️ Challenge Parameters: 🟢Consistency Rule: None | 🔴Minimum Trading Days: 3
At least 50% of profits must come from trades held longer than 2 minutes. If trades under 2 minutes generate more than 50% of the profit in either funded or evaluation accounts, the rule is violated.
Alpha Capital’s pricing is generally competitive, with most programs offering true capital per dollar rates that are close to or better than industry benchmarks. The 1 Step and 3 Step challenges perform especially well, coming in above their respective benchmarks. The 2 Step programs with 6% and 8% drawdown are also reasonably aligned with the standard 14.39 benchmark. Only the 10% drawdown options fall noticeably below the benchmark, offering less capital value per dollar spent.
| Account Size | Alpha One (1-Step) | Alpha Pro 6%(2-Step) | Alpha Pro 8% (2-Step) | Alpha Pro 10% (2-Step) | Swing(2-Step) | Alpha Three (3-Step) |
| $5K | $50 (6.0 per $1) | $40 (7.50 per $1) | $77 (5.19 per $1) | $50 (10.0 per$1) | $70 (7.14 per $1) | – |
| $10K | $97 (6.18 per $1) | $67 (8.95 per $1) | $147 (5.44 per $1) | $97 (10.30 per $1) | $147 (6.80 per $1) | $67 (8.95 per $1) |
| $25K | $197 (7.61 per $1) | $137 (10.94 per $1) | $247 (8.09 per $1) | $197 (12.69 per $1) | $247 (10.12 per $1) | $157 (9.55 per $1) |
| $50K | $297 (10.10 per $1) | $237 (12.65 per $1) | $357 (11.20 per $1) | $297 (16.83 per $1) | $357 (14.0 per $1) | $247 (12.14 per $1) |
| $100K | $497 (12.07 per $1) | $427 (14.05 per $1) | $577 (13.86 per $1) | $497 (20.12 per $1) | $577 (17.33 per $1) | $397 (15.11 per $1) |
| $200K | $997 (12.03 per $1) | $847 (14.16 per $1) | $1,097 (14.58 per $1) | $997 (20.06 per $1) | $1,097 (18.23 per $1) | $697 (17.21 per $1) |
True Capital per Dollar (TCPD)
Prop firm account sizes can look impressive, but they’re deceptive. The advertised balance isn’t real money you can trade; your usable capital is limited by the firm’s maximum drawdown.
That means if a $100,000 account has a 10% drawdown, you can only risk $10,000 before losing the account. The rest is just display, not actual capital.
True Capital per Dollar (TCPD) shows how much real, usable capital you get for every $1 you spend.
Formula:
TCPD=(Account Size×Max Drawdown %)÷Challenge Price
Example:
| Account | Max DD | Price | TCPD |
| $100,000 | 10% | $500 | $20 |
| $100,000 | 6% | $350 | $17 |
Even if one challenge costs less, the higher TCPD tells you which option gives more usable capital for every dollar spent. It cuts through the marketing hype and shows what you’re actually paying for, not the illusion of a bigger account.
| Challenge Type | Funded Drawdown | Average Funding Per Dollar | Industry Benchmark |
| 1 Step (Alpha One) | 6% | $10.96 | 7.9 |
| 2 Step (Alpha Pro 6%) | 6% | $13.33 | 14.39 |
| 2 Step (Alpha Pro 8%) | 8% | $12.47 | 14.39 |
| 2 Step (Alpha Pro 10%) | 10% | $18.26 | 14.39 |
| 2 Step (Swing) | 10% | $15.63 | 14.39 |
| 3 Step (Alpha Three) | 6% | $14.76 | 13.74 |
Alpha Capital does not refund challenge fees upon successful passing of a challenge, unlike many other prop firms.
Overall, Alpha Capital offers solid trading conditions that are consistent with industry standards. The spreads are favorable, and traders can choose between the Raw or Standard assessment accounts. Multiple platforms are supported, including MT5, DXTrade, TradeLocker, and cTrader, allowing traders to access forex, energies, metals, and indices. The maximum leverage is set at 1:100, and swap-free accounts are not available. However, the range of just 40 trading instruments may feel somewhat limited for those seeking broader market exposure.
Alpha Capital offers two account types: Standard assessment and Raw assessment, both with favourable trading conditions
Alpha Capital offers two account types with competitive trading conditions:
Alpha Capital provides different leverage levels across its funding programs, with a maximum leverage of 1:100, consistent with industry standards. The table below outlines the leverage available for each asset class:
| Alpha Capitals Challenges | Alpha One (1-Step) & Swing (2-Step) | Alpha Pro 6%-8%-10% (2-Step) |
Alpha Three (3-Step) |
| FX | 1:30 | 1:100 | 1:50 |
| Indices | 1:10 | 1:20 | 1:10 |
| Metals | 1:9 | 1:30 | 1:9 |
| Oil | 1:10 | 1:10 | 1:10 |
Trading fees at Alpha Capital include spreads, commissions, and swaps, with a transparent and favorable cost structure that aligns closely with industry standards.
The spread is the difference between the bid and ask price for any instrument. The table below highlights the spreads for key instruments and compares them to the industry average, giving you a clear view of Alpha Capital’s favorable spreads.
| Instruments | Standard Assessment Account |
Industry Average (Standard Assessment ) |
Raw Assessment Accounts |
Industry Average (Raw Assessment) |
| EUR/USD | 0.3 pips | 0.8 pips | 0.1 pips | 0.2 pips |
| WTI | 0.045 pips | 0.047 pips | – | 0.03 pips |
| Gold | 29 Cents | 28 Cents | 24 Cents | 26 Cents |
| US30 | 1.5 points | 3.14 points | – | 2.2 points |
Alpha Capital’s Standard Assessment features a no-commission structure across all asset classes, providing a straightforward pricing model. The Raw Assessment charges a $5 commission per round lot on Forex and Metals, while indices and commodities remain commission-free, making it a cost-effective choice for diversified trading.
| Instruments | Alpha Capital Account (Round Turn) | Industry Average (Round Turn) |
| EURUSD | $5/Lot | $4/Lot |
| WTI | $0/Lot (*Zero commission instrument*) | $0/Lot |
| XAUUSD | $5/Lot | $4/Lot |
| US30 | $0/Lot (*Zero commission instrument*) | $0/Lot |
Alpha Capital does not offer swap-free accounts. Swap fees are charged or credited nightly, depending on the asset, position size, and whether the trade is long or short. Triple swaps are applied on Wednesdays for Forex and Metals, and on Fridays for Indices and Oil.
My cost analysis includes both spreads and commissions. Alpha Capital’s overall trading fee structure is competitive, with trading costs generally better than the industry averages across forex, commodities, metals, and indices.
| Instruments | Trading Fee (Standard Assessment) Alpha Capital |
Trading Fee (Standard Assessment) Industry Average |
Trading Fee – Raw Spread Alpha Capital |
Trading Fee – Raw Spread Industry Average |
| EUR/USD | $3 | $8 | $6 | $6 |
| WTI | $4.5 | $4.70 | – | $8.80 |
| Gold | $29 | $28 | $29 | $30 |
| US30 | $1.5 | $3.14 | – | $6.20 |
| Strategy | Interpretation |
| Latency Trading | Latency trading is a strategy that exploits small timing delays between trading systems to profit from short-lived price discrepancies. |
| Arbitrage Trading | Arbitrage trading is a strategy that profits from price differences of the same asset across different markets or platforms. |
| High-Frequency Trading (HFT) | High-frequency trading is a strategy that uses powerful algorithms and high-speed systems to execute a large number of trades within milliseconds to capitalize on small market movements. |
| Reverse Trading or Group Hedging | Reverse trading (group hedging) involves multiple traders or accounts taking opposite positions on the same asset to offset risk or manipulate results, which is prohibited. |
| Order Book Spamming | Order book spamming refers to placing numerous orders in the market’s order book to create a false impression of trading activity or liquidity. |
| Group Trading/Signal Following | Group trading (signal following) occurs when multiple traders replicate the same trades or follow identical signals, often resulting in coordinated positions that can affect market integrity. |
Alpha Capital offers access to more than 40 trading instruments across forex, indices, commodities, and metals. While the number of assets is slightly below the industry average, it still allows for solid portfolio diversification through popular and highly liquid instruments. Below is a detailed breakdown of the available trading instruments:
| Instrument | Number | Examples |
| Forex | 29 | EURUSD | GBPJPY |
| Indices | 8 | EUSTX50 | UK100 |
| Commodities | 2 | UKOIL | USOIL |
| Metals | 2 | XAUUSD | XAGUSD |
Alpha Capital offers four powerful trading platforms: MT5, DXTrade, cTrader, and TradeLocker. Each platform provides fast execution, advanced charting tools, and a professional yet user-friendly interface. All platforms support both manual and automated trading, making them suitable for traders of all experience levels.
Alpha Capital does not offer swap-free accounts, also known as Islamic or interest-free accounts.
In swap-free accounts, traders are not charged overnight swap fees for holding positions beyond a trading day, making them compliant with Islamic finance principles.
Alpha Capital does offer demo accounts, so traders can practice before purchasing a challenge.
Alpha Capital has a 30-day inactivity rule. The account will be suspended if a trader does not place a trade in an account for 30 consecutive days.
After successfully passing the challenge, you will receive a funded account that includes the following features, based on your selected account type.
| Challenge Type | Alpha One (1-Step) |
Alpha Pro 6%(2-Step) |
Alpha Pro 8%(2-Step) |
Alpha Pro 10%(2-Step) |
Swing (2-Step) |
Alpha Three (3-Step) |
| Profit Share | 80% | 80% | 80% | 80% | 80% | 80% |
| Maximum Drawdown | 6% | 6% | 8% | 10% | 10% | 6% |
| Daily Loss Limit | 4% | 3% | 4% | 5% | 5% | 4% |
| News Trading Allowed | No (10 minutes window) | No (10 minutes window) | No (4 minutes window) | No (4 minute window) | Yes | No (10 minutes window) |
| Expert Advisor | Yes (on MT5 only) | Yes (on MT5 only) | Yes (on MT5 only) | Yes (on MT5 only) | Yes (on MT5 only) | Yes (on MT5 only) |
| Trade Copier | Yes | Yes | Yes | Yes | Yes | Yes |
| Consistency Rule | Yes | Yes (with on-demand payout) | Yes (with on-demand payout) | Yes (with on-demand payout) | Yes | Yes (with on-demand payout) |
| Weekend Holding | Yes | No | No | No | Yes | Yes |
| Payout | On-Demand | Bi-weekly or On-Demand | Bi-weekly or On-Demand | Bi-weekly or On-Demand | On-Demand | Bi-weekly or On-Demand |
Alpha Capital keeps the same trading conditions from evaluation to funded status, unlike firms that tighten rules after funding. The only exception is the 2-Step Alpha Pro accounts, which do not permit weekend positions at the funded stage, and triple swaps are applied on Wednesday. News-trading limits vary by program, with either a 4-minute or 10-minute restriction window depending on the account type. In the Alpha Swing Plan:Trading during major news events is allowed. However, if a trade is initiated within 2 minutes before or up to 2 minutes after a news release (a 4-minute window), its duration must exceed 2 minutes for the trade to be valid.
The consistency rule in the funded stage applies only to On-Demand payout accounts. Both the Alpha One and Swing (2-Step) programs offer only the On-Demand payout option. Leverage, copy trading, EAs, and drawdown limits remain unchanged between the evaluation and funded phases.
Alpha Capital does not apply a consistency rule during the evaluation phase or for traders using the Bi-Weekly payout option. It applies only to accounts with the On-Demand payout option. For the Alpha One and Swing plans, the On-Demand payout is mandatory, so the consistency rule must be followed. Traders must ensure that no single trading day contributes more than 40% of total profits.
Alpha Capital’s scaling plan lets traders grow their virtual capital up to $2 million by achieving a 10% gain on their account balance. Eligible plans include Alpha Pro, Swing, and Three. After a payout and account reset, traders can request scaling, with each scale increasing the balance by 10% of the original amount. A 10% lot size increase is added from the second scale onward.
Alpha Capital requires all traders to complete KYC verification before receiving a funded account. A valid government-issued ID (passport, driver’s license, or national ID) must be submitted; residence permits and digital or laminated copies are not accepted. A selfie is required for facial verification, and the account holder must complete the process personally. The use of VPS or VPN during KYC is prohibited, and verification is typically completed within 24–48 working hours. Traders from banned countries may onboard only if residing in a non-banned country with a valid passport, while those from non-banned countries living abroad may use their original ID.
Alpha Capital offers flexible payouts with no lock, letting traders choose bi-weekly or on-demand withdrawals. The rules are fairly standard and mainly aimed at preventing payout-gaming, while still being easy to meet for steady traders. I think the 80/20 split, zero fees, and ~2-day processing, makes their payout terms solid and competitive.
Alpha Capital offers a standard profit split of 80% to the trader and 20% to the firm.
| Profit Split | 80% |
| Payment Method | Riseworks, Wise, Bank Transfer |
| Fees | $0 |
| Processing Time | 2 business days |
| Payout Frequency | On Demand, Bi-weekly |
| Minimum Withdrawal | $100 |
Alpha Capital rewards successful traders with a 0.25% bonus on their fourth payout, added directly to the payout amount. The firm also runs contests, offers an affiliate program, and occasionally provides discounts or special promotions during specific events.
In my experience, Alpha Capital offers decent customer support through multiple channels, including an AI chatbot, live chat, email, ticketing, and a detailed FAQ section. Their educational resources are also helpful for new traders. While the AI chatbot can be somewhat limited in accuracy, the live support team is responsive, knowledgeable, and efficient.
| Live Chat | Monday to Friday (08:00 am to 08:00 pm GMT). |
| info@alphacapitalgroup.uk | |
| Tickets | https://alphacapitalgroup.uk/contact-us/ |
I contacted Alpha Capital’s live chat multiple times and consistently received quick, helpful responses. Their support team is available Monday to Friday (08:00 am to 08:00 pm GMT), and based on my experience, I can confirm that Alpha Capital’s customer service is reliable and responsive.
Alpha Capital offers valuable educational content through its YouTube channel, featuring trading tips and platform insights. It also has a blog with prop trading tutorials and industry updates.
In my view, Alpha Capital operates as a structured and reputable proprietary trading firm, offering clear rules, tight spreads, and low commissions. It provides flexible challenge models, access to 40+ instruments, and supports all major trading styles, including day trading, swing trading, scalping, news trading, and algorithmic strategies.
Pricing across account types is competitive, and traders can use DXTrade, cTrader, TradeLocker, and MT5. The firm offers profit splits up to 80% and a scaling plan up to $2 million, making it attractive for traders focused on long-term growth. The main limitations are the absence of crypto and stock trading, and a consistency rule that may constrain certain strategies.
Overall, Alpha Capital appeals to traders seeking flexibility, scalable capital, fast payouts, and strong performance incentives within a professional trading environment.
Leveraging years of hands-on experience, Soban provides in-depth reviews of proprietary trading firms, carefully evaluating their models, rules, and impact on traders.
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