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Head-to-head comparison

Alpha Capital Group vs FTMO: Which Is Better?

Alpha Capital Group and FTMO are both well-established forex/CFD prop firms that refund your fee on a first payout. The decision comes down to FTMO’s longer record and higher split versus Alpha’s top-tier reviews and flexible drawdown options.

By the TradingVerdict deskUpdated

The short answer

Both are legitimate, well-reviewed forex/CFD prop firms, and neither serves US retail clients on CFDs. FTMO (since 2015) has the longer, more documented track record, a split up to 90% and four platforms including MT4. Alpha Capital Group (a London firm since 2021) holds a higher ~4.7 Trustpilot score, refunds the evaluation fee, and lets you pick a 6/8/10% drawdown — but its split tops out at 80%. FTMO edges it overall; Alpha wins on rating and drawdown flexibility.

Alpha Capital Group vs FTMO, side by side

FeatureAlpha Capital Group logoAlpha Capital GroupFTMO logoFTMO
Founded2021 — London-based, strong reputation2015 — the longest, most documented track record
Evaluation modelAlpha One (1-step), Alpha Pro (2-step), SwingTwo-step: FTMO Challenge then Verification
Profit split80% on funded accountsUp to 90% on a funded FTMO Account
Refundable feeYes — typically refunded with your first withdrawalYes — one-time fee refunded on first payout
Drawdown choiceAlpha Pro lets you pick 6%, 8% or 10% toleranceStatic daily loss limit + overall max loss limit
Swing / weekend holdsYes — dedicated Alpha Swing formatSupported within the standard rules
PlatformsMT5, cTrader, DXtrade, TradeLockerMetaTrader 4, MetaTrader 5, cTrader, DXtrade
Reputation~4.7 Trustpilot across 20,000+ reviewsThe benchmark name; longest documented payout history
US clients acceptedNo — CFD products not available to US retailNo — FTMO does not accept US-based clients
Best forTop reviews, refundable fee and flexible drawdownThe most proven all-rounder, a higher split and MT4

Evaluation, fees and drawdown

Both refund the evaluation fee on a first payout, so a passed account is good value either way. FTMO runs a single, consistent two-step path. Alpha Capital Group offers more shapes: Alpha One (1-step), Alpha Pro (2-step) and Alpha Swing, on accounts from $5K to $300K.

Alpha’s standout is drawdown choice — on Alpha Pro you select a 6%, 8% or 10% tolerance to match your style, where FTMO applies a fixed static daily plus overall max loss structure. Traders who want to tune their risk buffer will appreciate Alpha’s flexibility; those who prefer one well-understood rulebook may prefer FTMO.

Split, reputation and track record

On the split, FTMO leads with up to 90% versus Alpha’s flat 80% — a meaningful difference over time. On reputation, the two are both excellent, with Alpha slightly ahead on the score (~4.7 on 20,000+ reviews) and FTMO ahead on longevity (the longest documented payout history in the space, since 2015).

We have not tested either firm’s payouts ourselves and report reputation as the public record. If you weight the most proven track record and a higher split, FTMO wins; if you weight the highest review score and flexible rules, Alpha is right there with it.

Platforms, and who each suits

Platform choice marginally favours FTMO: MT4, MT5, cTrader and DXtrade versus Alpha’s MT5, cTrader, DXtrade and TradeLocker. If you need MetaTrader 4, FTMO is the one; both otherwise cover the forex/CFD mainstream.

Pick FTMO for the most proven all-rounder, a higher split and MT4. Pick Alpha Capital Group for the highest review score, a refundable fee and the ability to choose your drawdown or trade a dedicated swing format. Both restrict US retail on CFDs.

Alpha Capital Group vs FTMO: FAQ

01Alpha Capital Group vs FTMO — which is better?
FTMO edges it overall for its longer documented track record (since 2015), an up-to-90% split and MT4 support. Alpha Capital Group is a close, excellent alternative with an even higher ~4.7 Trustpilot score, a refundable fee and flexible 6/8/10% drawdown options, though its split tops out at 80%. Both are legitimate forex/CFD firms that do not serve US retail on CFDs.
02Do both firms refund the evaluation fee?
Yes. FTMO refunds its one-time challenge fee on your first payout, and Alpha Capital Group typically refunds the evaluation fee with your first withdrawal — so a passed account effectively costs nothing at either firm. Confirm current refund terms before buying.
03Which has the higher profit split?
FTMO, with up to 90% versus Alpha Capital Group’s 80%. The exact split can depend on your program and payout preference, so verify it for your specific plan.
04Which has better reviews?
Both are strongly reviewed. Alpha Capital Group is slightly ahead on the headline score (~4.7 across 20,000+ Trustpilot reviews), while FTMO has the longer and more documented payout history. We report these as the public record, not our own payout test.
05Do Alpha Capital Group or FTMO accept US clients?
No. Neither offers CFD products to US retail clients. US-based traders should consider a futures-focused prop firm instead. Always verify current eligibility on each firm’s own site.
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