Alpha Capital Review: Forex Prop Firm

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โš ๏ธ Affiliate Disclosure: CoinCodeCap may earn a commission through links on this page. Read our full disclosure. Risk Disclaimer: Prop trading involves simulated capital. Challenge fees are non-refundable if you fail. Past payout figures don’t guarantee your results.

๐Ÿ“‹ How We Review Prop Firms: CoinCodeCap evaluates prop trading firms across five weighted criteria: Payout Reliability (35%), Evaluation Fairness (25%), Pricing Value (20%), Platform & Tools (10%), and Support & Transparency (10%). We research payout histories, Trustpilot reviews, community feedback, and official rule documentation before scoring. All facts are verified against primary sources at time of publication.

Alpha Capital Group is a London-registered prop firm that has funded 30,000+ traders, verified $48M+ in payouts via Payout Junction, and built a 4.4/5 Trustpilot rating from 14,000+ reviews. That’s a serious track record for a firm founded in November 2021. The main tension in community feedback: the rules are clear, but enforcement is strict โ€” payout denials for violations traders didn’t fully anticipate happen often enough to warrant careful pre-trade reading of the rulebook.

โšก TL;DR โ€” Alpha Capital Group
Alpha Capital Group is a London-registered prop firm founded November 2021 โ€” 200+ employees, 30,000+ funded traders, $48M+ verified payouts. Multiple challenge programs from $40 entry fee. 80% profit split, bi-weekly or on-demand payouts.

  • ๐Ÿ“… Founded: November 2021, London, UK (registered England & Wales)
  • ๐Ÿ’ฐ Entry Fee: $40โ€“$997 (one-time, refundable)
  • ๐Ÿ“Š Account Sizes: $25Kโ€“$200K ยท scales to $2M
  • ๐Ÿ’ธ Profit Split: 80% (fixed)
  • โฐ Payouts: Bi-weekly OR on-demand (2% minimum) ยท processed within 2 business days
  • ๐Ÿ† Trustpilot: 4.4/5 โ€” 14,000+ reviews ยท $48M+ verified payouts (Payout Junction)
  • โš ๏ธ Key Rule: 40% best-day rule ยท average trade >2 minutes ยท strict KYC enforcement
  • โœ… Best For: Disciplined Forex traders comfortable with strict but clearly documented rules

Alpha Capital Group at a Glance

๐Ÿ“Š FeatureDetails
โญ CoinCodeCap Rating4.0 / 5
FoundedNovember 2021, London, UK โ€” CEO: Andrew Blaylock
Best ForDisciplined Forex traders who read and follow rules carefully
MarketsForex, metals, indices, crypto, stocks
ProgramsAlpha Pro ยท Alpha One-Step ยท Alpha Swing ยท Alpha Pro 6% ยท Alpha Three
Account Sizes$25Kโ€“$200K ยท scales to $2M
Entry Fee$40โ€“$997 (one-time, refundable)
Profit Split80% (fixed)
Payout OptionsBi-weekly OR on-demand (2% min gross profit) ยท processed in 2 business days
Profit Target8% Phase 1 ยท 5% Phase 2 (Alpha Pro)
Daily Loss Limit5%
Max Drawdown10%
Best-Day Rule40% โ€” no single day >40% of total profits
Min Trade DurationAvg >2 min ยท 50% of profits from trades >2 min
PlatformsMT5, cTrader, DXTrade (US traders)
Funded Traders30,000+ since launch
Trustpilot4.4/5 โ€” 14,000+ reviews ยท $48M+ verified (Payout Junction)
๐Ÿ‘‰ Start Alpha Capital Challenge โ†’

โšก Bottom Line (Up Top): Alpha Capital Group has built a real track record โ€” 30,000+ funded traders, $48M+ in verified payouts, 14,000+ Trustpilot reviews, 200+ staff, and a London company registration. The 80% profit split is fixed and the rules are genuinely strict: the 40% best-day rule, 2-minute minimum trade duration, and strict KYC enforcement after passing catch traders off guard. Read the entire rulebook before purchasing. For disciplined, rule-following Forex traders, Alpha Capital is credible and competitively priced.

What Is Alpha Capital Group?

Alpha Capital Group (ACG) is a UK-registered proprietary trading firm founded November 2, 2021. It is registered in England and Wales under company number 13719951 and headquartered in London with 200+ employees. CEO Andrew Blaylock leads the firm alongside co-founder George Kohler. ACG operates its own regulated broker โ€” ACG Markets โ€” registered with the Financial Services Authority of Seychelles (FSA), which provides the execution infrastructure behind funded accounts.

The firm serves traders in 140+ countries including the United States (via DXTrade platform). In 2024, Alpha Capital paid out $80 million in performance fees. Payout Junction independently verified $48M+ in payouts including one single payout exceeding $109,000 โ€” giving it a verifiable institutional-grade track record for a firm less than 4 years old.

Challenge Programs

ProgramPhasesProfit TargetsPayout OptionBest For
Alpha Pro2-step8% Phase 1 ยท 5% Phase 2Bi-weekly OR on-demandStandard 2-phase evaluation โ€” most popular
Alpha One-Step1-stepSingle targetOn-demand onlyFaster path to funding, single target
Alpha Swing2-step8% + 5%On-demand onlyTraders who hold overnight/weekend positions
Alpha Pro 6%2-step6% Phase 1 ยท 5% Phase 2Bi-weekly OR on-demandLower profit target challenge
Alpha Three3-stepThree phasesBi-weekly OR on-demandExtended, lower-target evaluation path

The Alpha Swing program is ACG’s answer to traders who need overnight and weekend holding. Standard Alpha Pro accounts don’t permit weekend positions โ€” Swing accounts do, with leverage capped at 1:30 (vs 1:100 on Pro). News trading is also exclusively permitted on Swing accounts in funded mode; all evaluation accounts allow news trading without restriction.

Key Trading Rules โ€” Read These Carefully

โš ๏ธ Common Payout Denial Reasons: The most frequent causes of payout rejections at Alpha Capital Group are: (1) violating the 40% best-day rule, (2) trades averaging under 2 minutes in duration, (3) news trading on non-Swing funded accounts, and (4) strict KYC enforcement after passing. Read each rule completely before trading the funded account โ€” evaluation rules differ from funded account rules in important ways.

RulePolicyImpact
Best-Day RuleNo single day >40% of total profits in qualification periodHigh โ€” catches traders who hit one large win and try to withdraw
Min Trade DurationAvg trade duration >2 min ยท 50% of profits from trades >2 minHigh โ€” eliminates scalpers with very short trade durations
News Trading (Funded)Only on Swing accounts ยท 4-min window restriction (2 before/2 after)High โ€” non-Swing funded traders cannot news trade
Weekend HoldingSwing accounts onlyMedium โ€” affects standard Pro accounts
InactivityAccount closed after 30 days of no activityMedium โ€” easy to avoid but important to track
Max Drawdown10% of balanceStandard across the industry
Daily Loss Limit5% of balanceStandard โ€” most common challenge failure point
EAs / Botsโœ… Allowed โ€” 1 trade per month minimum activity requiredLow โ€” permissive for automated traders
Hedgingโœ… Allowed (long + short same instrument)Low โ€” helpful for complex strategies
Min Trading DaysNonePositive โ€” no minimum days required

โšก Expert Tip: The 40% best-day rule is ACG’s most misunderstood requirement. If you make $5,000 on Monday and that’s your only profit so far, that $5,000 represents 100% of your total โ€” you can’t withdraw yet. Keep trading to reduce the ratio below 40% before submitting a payout request. The firm’s Consistency Rule Calculator is available on their site to track this in real time.

Payouts and Scaling

Alpha Capital offers two payout structures depending on the program selected at checkout. Bi-weekly payouts process every 14 days. On-demand payouts process anytime you hold at least 2% gross profit in your account and your best day stays below 40% of total profits. Both process within 2 business days via the dashboard โ€” Tuesday requests complete by Thursday.

The scaling plan runs to $2M in total allocated capital. Each scale-up requires 10% profit on the account since the original balance โ€” prior withdrawals don’t count toward eligibility. The firm has funded 30,000+ traders and distributed $80M in performance fees in 2024 alone, signalling genuine scale and payout capacity.

How We Rate Alpha Capital Group

CriteriaWeightScoreNotes
Payout Reliability35%4.0 / 5$48M+ verified (Payout Junction), $80M paid in 2024, 14,000+ Trustpilot reviews. Payout denial complaints exist but relate to rule violations.
Evaluation Fairness25%3.5 / 5No minimum trading days is excellent. But 40% best-day rule, 2-min trade duration, and strict news/weekend rules in funded accounts catch traders out.
Pricing Value20%4.5 / 5$40โ€“$997 one-time, refundable. Five program types give flexibility. No commissions on standard accounts.
Platform & Tools10%4.0 / 5MT5 + cTrader + DXTrade (US). Advanced dashboard with real-time analytics. Custom Alpha Trader platform in development.
Support & Transparency10%4.0 / 5200+ staff, 24/7 support, London registration, FSA-regulated broker (ACG Markets). Clear rules โ€” but enforcement is strict.
Overall: 4.0 / 5

Pros and Cons

โœ… ProsโŒ Cons
  • $48M+ verified payouts ยท $80M paid in 2024
  • 14,000+ Trustpilot reviews at 4.4/5
  • 30,000+ funded traders since 2021
  • 200+ employees โ€” serious operational scale
  • 5 distinct programs for different trader profiles
  • No minimum trading days
  • On-demand payout option
  • Scales to $2M in allocated capital
  • EAs, hedging, and VPS/VPN all allowed
  • ACG Markets regulated by FSA Seychelles
  • London-registered company โ€” verifiable legal entity
  • 80% profit split โ€” fixed, no path to 90% or 100%
  • 40% best-day rule catches traders on payout requests
  • 2-min minimum trade duration limits ultra-short scalping
  • News trading restricted on non-Swing funded accounts
  • Weekend holding: Swing accounts only
  • Strict KYC enforcement after passing (some find this unexpected)
  • Account closed after 30 days of inactivity
  • Not regulated by FCA or top-tier authority

Alpha Capital vs FTMO vs FundedNext vs The5ers

FeatureAlpha CapitalFTMOFundedNextThe5ers
Founded2021201520222016
Entry Fee$40โ€“$997$183โ€“$1,080~$99From $39
Profit Split80% (fixed)Up to 90%Up to 95%Up to 100%
Min Trading DaysNone4 daysNoneNone
Payout OptionsBi-weekly + on-demandBiweeklyEvery 5โ€“14 daysBiweekly
Consistency Rule40% best-day0.5โ€“1% risk/tradeNoneNone explicit
News Trading (Funded)โš ๏ธ Swing onlyโš ๏ธ Restrictedโœ… Allowedโœ… Allowed
Scaling Cap$2,000,000$2,000,000$4,000,000$4,000,000
Trustpilot4.4 / 54.8 / 54.6 / 54.8 / 5
Total Payouts$80M (2024 alone)$500M+$261M+$43M+

Who Should Use Alpha Capital Group?

Alpha Capital suits you if: You want on-demand payout flexibility with no fixed schedule. You’re a Swing trader โ€” ACG’s Swing program explicitly permits weekend holding and news trading at 1:30 leverage. You trade Forex and need a London-registered, verifiable firm with strong payout statistics. You use EAs and need a firm that explicitly allows automated trading.

Look elsewhere if: You need a profit split above 80% โ€” use FTMO (90%) or FundedNext (95%). You trade news events on standard (non-Swing) funded accounts โ€” ACG restricts this. You’re a very short-term scalper with trades under 2 minutes. You want the highest Trustpilot rating โ€” FTMO at 4.8/5 from 25,000+ reviews edges it.

โšก Bottom Line: Alpha Capital Group delivers on its core promise โ€” 30,000+ funded traders, $80M paid in 2024, 14,000+ Trustpilot reviews, and a London-registered company with a regulated broker behind it. The 40% best-day rule and 2-minute trade duration requirement are strict and regularly cause payout denials for traders who don’t read the funded account rules carefully. The 80% split is fixed. For disciplined Forex and swing traders who study the rulebook and stay compliant, Alpha Capital is a credible, competitive option in 2026.

๐Ÿ“ Reviewed by the CoinCodeCap Editorial Team โ€” Our prop firm reviews are researched and written by analysts with direct experience evaluating funded trading programs, payout structures, and challenge rule sets across 20+ firms. All scores and comparisons are updated quarterly or when firms announce material changes.

FAQs

Is Alpha Capital Group legit?

Yes. Alpha Capital Group is registered in England and Wales (company number 13719951), operates with 200+ employees, has funded 30,000+ traders, and verified $48M+ in payouts via Payout Junction with a single top payout of $109,000+. It holds a 4.4/5 Trustpilot rating from 14,000+ reviews. Payout denials do occur โ€” but they relate to rule violations, not dishonesty.

What is Alpha Capital’s 40% best-day rule?

No single trading day can account for more than 40% of your total accumulated profits during the payout qualification period. If you make $4,000 in one session and your total profits are $5,000, that day represents 80% โ€” you cannot withdraw until more trading days balance the ratio below 40%. This rule resets after each approved payout.

Which Alpha Capital program allows news trading in funded accounts?

Only the Alpha Swing program permits news trading in funded accounts โ€” with a 4-minute restriction window (2 minutes before and 2 minutes after the release), and any trade opened in that window must last longer than 2 minutes. All evaluation accounts (any program) allow news trading without restrictions.

What is the payout frequency at Alpha Capital?

Two options depending on your program: bi-weekly (every 14 days) or on-demand (anytime you hold 2%+ gross profit and pass the 40% best-day rule). On-demand is available for Alpha Swing and Alpha One. Both process within 2 business days via the dashboard โ€” requests submitted Tuesday process by Thursday.

Related articles: FTMO Review | FundedNext Review | The5ers Review | E8 Markets Review

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