Alpha Capital Overview
| Founder | Kenneth Serrao, Sandeep Somani, Vishal Ramesh Ootam |
| Founded | 2021 (Rebranded in 2024) |
| Headquarters | London, United Kingdom |
| Evaluation Models | 1-Step, 2-Step, and 3-Step (Alpha Three) |
| Max Allocation | $200,000 per account, scalable up to $2,000,000 |
| Assets | Forex, Cash Indices, Commodities, Metals (CFDs via ACG Markets) |
No commissions, solid safety, fair prices, flexible evaluation models, and a range of trading platforms! All these features together might sound like a dream, right? But at Alpha Capital Group, you get all of them rolled into one prop firm.
But hold on! What does Alpha Capital actually do? Is Alpha Capital legit? And is that $2 million trading account even real?
In this Alpha Capital review, I’ll walk you through everything you need to know about this platform. I’m not just answering the usual questions! I’m going a step further and digging into the stuff most Alpha Capital Group reviews totally skip. Let’s get started!
- Alpha Capital is a London-based prop trading firm founded in 2021, operating with over 750,000 traders and powered by ACG Markets, a regulated broker.
- It offers multiple evaluation models: Alpha One (1-step), Alpha Pro & Swing & Free Trial (2-step), and Alpha Three (3-step), with flexible account sizes and profit targets starting from $5K.
- Traders can scale their funded accounts up to $2 million by consistently hitting profit targets and following the rules.
- Five trading platforms are supported: MT5, cTrader, DXtrade, TradeLocker, and Alpha Capital’s own upcoming platform with custom analytics and TradingView charts.
What Is Alpha Capital?
Alpha Capital Group is a prop trading firm built “for traders, by traders.” It was founded in 2021 in London and powered by ACG Markets, a regulated broker made just for Alpha Capital. Since launching, the firm has brought on over 750K traders and 65,000 qualified analysts, paying out up to $100 million in performance fees across 140 countries.
Alongside big names like FTMO, Funding Pips, and others, Alpha Capital has earned its spot as a trusted name in the prop trading world. It currently holds a solid 4.6 out of 5 rating on Trustpilot.
Want to join the Alpha Capital Community? You’ll need to pass one of their trading challenges first. Stick around as I’ll break down everything you need to know about challenges and trading rules in the following sections of this Alpha Capital review.
Alpha Capital Evaluation Models
If you’ve visited the Alpha Capital website, you might’ve felt a bit overwhelmed by the different evaluations and steps. Don’t worry! It’s totally normal to feel unsure about which option fits you best at first. That’s exactly why I’ve put together this simple Alpha Capital review! To help you understand each plan clearly and confidently.
Step 1 (Alpha One Evaluation)
This is a one-step challenge, and the account is called Alpha One. Here’s what it offers:
- Account sizes: $5K, $10K, $25K, $50K, $100K, $200K
- Profit target: 10%
- Max trailing drawdown: 6% (moves up as you gain profits)
- Daily loss limit: Around 4%
- Leverage: Up to 1:30
- Payouts: You can request payouts anytime once you meet two conditions, or just go with a fixed bi-weekly payout every 14 days
- Price: Starts from $50
Simple setup, good for getting started without too much pressure.
Step 2 (Alpha Pro – Swing and Free Trial)
This stage has two steps, and you get to choose between Alpha Pro, the Swing account, or a Free Trial. Let’s break them down and start with Alpha Pro:
- Account sizes: $5K, $10K, $25K, $50K, $100K, $200K
- Profit targets: Step 1: 6%, 8%, or 10%. Step 2: 6%, 5%, or 5% (based on what you picked in Step 1)
- Max loss limit: From 6% up to 10%, depending on your chosen profit target
- Daily loss limit: Ranges from 3% to 5%
- Leverage: 1:100
- Payouts: On-demand or bi-weekly
- Price: Starts from $40
Swing
If you go with the Swing account, the rules are slightly different:
- Account sizes: $5K, $10K, $25K, $50K, $100K, $200K
- Profit target: 10% and 5%
- Max loss: 10%
- Daily loss limit: 5%
- Payout: On-demand
- Leverage: 1:30
- Pricing: Starts from $70
Free Trial
There’s also a Free Trial version with no cost and the following rules:
- Account sizes: $5K, $100K, $200K
- Profit target: 10% and 5%
- Max loss: 10%
- Daily loss limit: 5%
- Payout: Not available
- Leverage: 1:100
- Pricing: Free
Step 3
The account for this challenge is called Alpha Three, and it includes three profit target levels:
- Account sizes: $10K, $25K, $50K, $100K, $200K
- Profit target: 8%, 4%, 4%
- Max loss: 6% for all steps
- Daily loss limit: 4% for all steps
- Payout: On-demand or bi-weekly
- Leverage: 1:50
- Pricing: Starts from $67
Alpha Capital Group Scaling Plan
Now that you’ve read through this Alpha Capital review, you should have a clear idea of how their evaluation models work. I already mentioned the account sizes above, but that’s not the whole story! You can actually grow your account even further.
The maximum virtual capital growth on Alpha plans can reach a total of $2! If you achieve 10% virtual growth on your account, you can request scaling. This means your account balance can be increased by 10% of the original amount, and you can request performance fees and scale your account at the same time. Pretty sweet, right?
And the accounts eligible for scaling are:
- Alpha Pro
- Alpha Swing
- Alpha Three
Alpha Capital Available Trading Tools
At the beginning of this Alpha Capital review, I mentioned that the platform is one of the most popular prop firms out there. One of the main reasons for that is its powerful trading tools. These tools are designed to make your trading easier and help you make better decisions along the way. Let’s take a quick look at what Alpha Capital offers:
Autochartist Partnership: Alpha Capital has teamed up with Autochartist, a leading tool that provides real-time technical and statistical analysis. It spots trade setups as they happen and highlights both new and completed opportunities, which can really save you time.
Market Screener: With features like Volatility Analysis, Forex Matrix, and Ticker Tape, the market screener gives you a detailed view of what’s going on in the markets. It helps you figure out the best times to enter or exit a trade.
Economic Calendar: The economic calendar keeps you updated on major financial events that could affect your trades. This helps you plan ahead and adjust your strategy as the market reacts to big news.
Live Market Data: Whether you’re trading forex, stocks, or commodities, Alpha Capital offers live market data so you can make quick and informed decisions.
Trading Journal: This tool lets you track your past trades, review your performance, and improve your approach over time. It helps you see what you’re doing right, and what could use a bit of work.
Alpha Capital Review on Trading Platforms and Assets
Alpha Capital supports a wide range of assets, including Forex currencies, cash indices, metals, and commodities. If you’re reading this Alpha Capital Group review, make sure to check their website for the full list of tradable symbols. It may change from time to time.
Just a heads up: If you’re interested in futures trading but can’t find them on Alpha Capital, you might find your perfect match in our blog about the best futures prop firms.
Well, when it comes to trading platforms, Alpha Capital gives you options. They support five different platforms: MT5, cTrader, DXtrade, TradeLocker, and Alpha Trader. Here’s a quick look at what each one offers:
MT5
MT5 is the upgraded version of the well-known MT4 platform. It offers deeper market insights and more advanced tools.
- Key Features: Better charting tools, depth-of-market view, more order types, and a multi-threaded strategy tester.
- Best For: Traders who like to dig into technical analysis and run backtests.
- Available On: Windows, macOS, Android, iOS, Web Browser
cTrader
cTrader is known for its smooth, easy-to-use interface and powerful charting options.
- Key Features: Advanced charting, fast execution, cTrader Automate for algorithmic trading, and a customizable layout.
- Best For: Pro traders and algo strategists who want precision and speed.
- Available On: Windows, macOS, Android, iOS, Web Browser
Dx Trade
Dx Trade is built for flexibility, offering tools for both manual and algo traders.
- Key Features: Customizable interface, advanced order management, depth-of-market view, and real-time data.
- Best For: Institutional traders or anyone who wants more control over their trading setup.
- Available On: Web Browser
TradeLocker
TradeLocker is a modern, stylish platform featured with TradingView-powered charts and smart risk tools.
- Key Features: On-chart trading with SL/TP and lot calculators, advanced chart tools, trailing stop-loss, partial close options, and access to 500+ instruments.
- Best For: Traders who make quick decisions based on charts and need risk control on the fly.
- Available On: Web Browser, Android, iOS
Alpha Trader
Besides the platforms listed above at this Alpha Capital Group review, they are also developing their own unique platform. Here’s what you can expect:
- TradingView-powered charts and execution panel
- Custom risk tools for everyday use
- In-depth trading and performance analytics
- Built-in economic calendar and news updates
Alpha Capital Payout
Alpha Capital offers two payout methods:
- Bi-Weekly: Automatically paid out every 14 days.
- On-Demand: You can request a payout whenever you like, as long as two conditions of your evaluation are met.
Payments can be made through Nuvei, Visa, or CoinPayments. The crypto options include USDT-TRON, USDC-TRON, COIN-ETH, COIN-USDT, and COIN-USDC.
Alpha Capital Reviews on Trustpilot
If you’re thinking about trying out Alpha Capital, don’t just rely on this review. It’s a good idea to read other reviews too, especially real user feedback on platforms like Trustpilot.
To make things easier for you, I’ve gathered some of the pros and cons here.
First of all, Alpha Capital has a 4.6 out of 5 rating on Trustpilot, with up to 11,000 reviews, which shows it’s one of the more popular prop firms out there.
Some of the positive comments:
- Friendly and helpful customer support
- Clear and transparent rules
- Competitive funding options
- Handy tools for traders
On the flip side, some users mentioned:
- Poor support experience
- Slow payout process
- No replies to emails
Every trader’s experience can be different, so it’s worth reading through recent reviews to get a full picture.
| Pros | Cons |
|---|---|
| ✅ Friendly and helpful customer support | ❌ Poor support experience |
| ✅ Clear and transparent rules and competitive funding options | ❌ Slow payout process |
| ✅ Handy tools for traders | ❌ replies |
Alpha Capital Prop Firm Rules
Apart from talking about evaluation models and other key features, there’s one more thing I really want to highlight in this Alpha Capital review, and that’s what not to do.
If you’ve checked out our other reviews, you probably already know that every prop firm, whether it’s Bright Funded, E8 Markets, Maven, My Funded Futures or others, has its own set of rules and restrictions. Alpha Capital is no different. Here’s a quick summary of what’s not allowed:
- You can’t use tricks like arbitrage, super-fast trading, or front-running.
- Trading the opposite way on purpose (reverse trading) or teaming up with others to hedge is not allowed.
- You’re not allowed to spam the order book (putting in lots of fake orders to mess with the market).
- No copy trading, group trading, or using outside signals. (Not sure what I’m talking about? Check out our article called “What Is Copy Trading”.
- Only you, I mean the person named on the account, can trade. No one else is allowed to manage it for you.
- Your trades should stay open for more than 2 minutes on average.
- At least 50% of your total profits should come from trades that last over 2 minutes.
- Now, here’s the kicker: if you break any of these rules during the evaluation phase, your progress will reset back to Phase 1. And if you’re on a funded account and still violate the rules, you’ll lose all your profits and possibly get your account reset.
- Also, if you don’t trade for 30 days in a row, your assessment will reset automatically. So don’t ghost the platform for too long!
Alpha Capital Coupon Codes
Thinking about joining Alpha Capital and want to save some cash with a discount code? Here are a few codes I found recently:
- IRD50: 50% off
- DIGGER: 10% off
- CTERRA: 10% off
- EID300: 6% off
Heads-up: By the time you read this Alpha Capital review, some of these discount codes might not work anymore. Be sure to check Alpha Capital communities or channels like Reddit, where people often share fresh, working codes. Above all, you will find the latest and updated Alpha Capital discount codes on Traders Fund Hub channel. Join now and start your journey at the lowest possible price!
Is Alpha Capital legit?
As I mentioned earlier in this Alpha Capital review, this prop firm is powered by ACG Markets, a unique broker that works exclusively with Alpha Capital.
Now, I get it: when you’re thinking of joining a prop firm, one of your biggest concerns is whether it’s legit. Here’s what you should know:
According to their website, Alpha Capital doesn’t provide real financial services or investment advice, so they’re not required to be licensed by the UK’s financial regulator (the FCA).
However, ACG Markets, the broker behind them, is regulated by the FCA, which adds a layer of trust. Plus, Alpha Capital has a solid rating on Trustpilot; around 4.6 out of 5, based on over 11,000 reviews, with lots of users sharing positive experiences.
That said, let me say this again: Although I tried to share all details at this Alpha Capital Group review, don’t just take my word for it. Do your own research, check out online discussions, and see if real users have actually received payouts. It’s always smart to double-check before jumping in.
How to Get Started with Alpha Capital Group
After reading this Alpha Capital review, you might feel ready to give the platform a shot and start your trading journey. If so, here’s a quick guide to help you get started:
- Understand Their Model & Choose Your Challenge: First, take a look at the different trading challenges Alpha Capital offers, like Alpha One, Pro, or Three. Each has its own rules and funding levels, so choose the one that fits your trading style and goals.
- Sign Up & Pay the Fee: Once you’ve chosen a challenge, go to their website, sign up, and pay the entry fee. Make sure to use a card that matches your KYC (identity verification) info.
- Complete the Evaluation: After payment, you’ll get access to a demo account. You’ll need to hit a profit target while staying within the drawdown limits. If you pass, you move on to the next step.
- Get Funded & Start Live: Once you pass the evaluation, you’ll receive a live funded account with up to 80% profit share. You’ll also be able to withdraw your profits every two weeks or at the current time.
And here’s the cool part: if you keep trading well, your account can grow over time, with funding going up to $2 million.
Conclusion
That’s all for our look at Alpha Capital Group! If you’ve visited the Traders Hub Fund, you’ve probably seen that we review different prop firms, and I hope this Alpha Capital review helped you out. It’s one of the most popular prop firms in recent years, and its popularity is growing.
Tried this prop firm before? Let us know what you think. And if you’ve got any questions, just leave a comment below!
Is Alpha Capital Funding Legit?
Yes, it’s legit and has thousands of positive reviews from traders.
Does Alpha Capital Pay Out?
Yes, they offer two payout methods: Bi-weekly and On-demand.
Who Is the Owner of Alpha Capital?
Alpha Capital was founded in 2021 by Kenneth Serrao, Sandeep Somani, and Vishal Ramesh Ootam.
