The verdict
How it scored
- Trust & track record
- 9.0/10
- Pricing & value
- 8.5/10
- Account & platform choice
- 8.4/10
- Payouts
- 8.2/10
- Rules & flexibility
- 8.0/10
What we liked
- Excellent reputation: ~4.7 Trustpilot across 20,000+ reviews
- Evaluation fee is typically refunded with your first withdrawal
- Flexible formats: 1-step and 2-step (Pro 6/8/10%, Swing), $5K–$300K
- Four platforms: MT5, cTrader, DXtrade and TradeLocker
- Established London firm (2021) with published trading objectives
Worth weighing up
- CFD products are not available to US retail clients
- Accounts are simulated; payouts still depend on following the rules
- Profit split sits at 80% — solid, but some rivals go higher
- Consistency and minimum-day requirements apply before payout
- Pricing and rules change with frequent promos — verify before buying
Pricing & plans
Prices change often and discounts are common, always check the current promo before you buy.
| Plan | Account size | Profit target | Price |
|---|---|---|---|
| Alpha One (1-Step)Simplest path; fee refunded with first withdrawal. Verify current pricing. | $5K–$300K | Single phase · 6% max / 4% daily DD | From ~$50 |
| Alpha Pro (2-Step)Most popular format; choose your drawdown tolerance. | $5K–$300K | Two phases · drawdown 6% / 8% / 10% options | One-time fee |
| Alpha SwingFor traders who hold over news and weekends. | $5K–$300K | Swing-friendly rules | One-time fee |
How Alpha Capital Group works
Alpha Capital Group is a London-based forex/CFD prop firm founded in 2021. You pick an evaluation — Alpha One (1-step), Alpha Pro (2-step), Alpha Swing or Alpha Three — hit the target within the drawdown rules, then trade a simulated funded account and request payouts. Account sizes run from $5K to $300K across MT5, cTrader, DXtrade and TradeLocker.
A standout detail: the evaluation fee is typically refunded with your first profit withdrawal, which effectively makes the challenge free for traders who pass and get paid. The profit split is 80% across funded accounts.
Reputation and payouts
Alpha Capital’s biggest asset is its track record. It holds a ~4.7 Trustpilot rating across 20,000+ reviews — one of the strongest in the prop space — with a public help centre and clearly published trading objectives. We have not tested payouts ourselves, so we report this as the public record rather than our own proof.
Payouts are processed bi-weekly or on demand depending on the plan. As with any firm, withdrawals still depend on meeting the consistency and minimum-day rules, so follow the rulebook to keep payouts smooth. Confirm the current thresholds in your dashboard before trading.
Drawdown, rules and pricing
Funded-account rules centre on a 6% maximum loss and a 4% daily loss limit, with the 2-step Alpha Pro letting you choose a 6%, 8% or 10% drawdown tolerance to suit your style. The Swing format allows holding over news and weekends.
On price, evaluations start around $50 for a $5K account and scale with size, and the refundable fee is a genuine value lever if you pass. Alpha runs frequent discounts, so always check the current price and rules before buying — the firm updates its plans regularly.
Who Alpha Capital Group is for
Alpha Capital Group is a strong pick for forex/CFD traders who prioritise a trusted, well-reviewed firm with refundable fees and flexible drawdown options. The 4.7 Trustpilot score and 2021 track record make it one of the safer choices in a space full of newer firms.
It is a weaker fit if you want a split higher than 80% or if you are a US retail client (CFD products are not available to you) or a futures-only trader. Risk note: accounts are simulated, payouts depend on the firm’s rules, and no prop firm fee is guaranteed income — treat it as risk capital.