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#7 in our comparison

Alpha Capital Group review

Very good

Verdict on Alpha Capital Group

Alpha Capital Group is a UK forex prop firm registered in 2021, running eight programs that span a $27 two-phase challenge through to accounts funded at purchase. The rulebook is permissive — news, weekend and overnight holding allowed, four platforms — but the tradable universe stops at forex, indices and metals, and Trustpilot has suspended the rating over fake reviews.

  • No time limit
  • Rules published
Alpha Capital Group Alpha Capital Group

Forex / CFD

Max profit split
90 %
Max allocation
400 K $
Founded
2021
  • Founded 2021 · United Kingdom
  • CEO: Andrew Blaylock
  • 23 countries excluded
  • Verified on August 28, 2026

About Alpha Capital Group

Alpha Capital Group works for forex traders who want to pick their platform and drawdown type, with no time limit and no news ban. Look elsewhere if you trade crypto, need high leverage, or won't deal with a firm whose Trustpilot rating is suspended.

Platforms and instruments: MT5, cTrader, DXtrade, TradeLocker.

Learn more about Alpha Capital Group
Alpha Capital Group homepage: headline "Trade with an Industry-Leading Prop Firm" over a dark cityscape, evaluation button and Trustpilot rating
Alpha Capital Group Official website, captured on September 02, 2026 alphacapitalgroup.uk

Alpha Capital Group programs at a glance

Rule Alpha One 6% 1 step Alpha One 10% 1 step Alpha One 12% 1 step Alpha Pro 6% 2 steps Alpha Pro 8% 2 steps Alpha Pro 10% 2 steps Alpha Swing 2 steps Alpha Direct (instant funding) Instant funding
Account sizes 5 K – 200 K 5 K – 200 K 5 K – 100 K 5 K – 200 K 5 K – 200 K 5 K – 200 K 5 K – 200 K 2.5 K – 200 K
Profit target 6 % 10 % 12 % 6 % / 6 % 8 % / 5 % 10 % / 5 % 10 % / 5 % —
Max daily loss 3 % 4 % 5 % 3 % 4 % 5 % 5 % 3 %
Max total drawdown 4 % trailing (end of day) 6 % trailing (end of day) 8 % trailing (end of day) 6 % static 8 % static 10 % static 10 % static 5 % trailing (end of day)
Min trading days 1 1 1 3 3 3 3 —
Time limit Unlimited Unlimited Unlimited Unlimited Unlimited Unlimited Unlimited Unlimited
Consistency rule None None None None None None None 15 %
Price $37 – $647 — $57 – $587 $27 – $797 $37 – $997 $33 – $897 $70 – $1,097 $30 – $897
Refundable fee — — — — — — — —

Alpha Capital Group pros

  • Eight separate programs, from a one-phase 6% evaluation to accounts funded at purchase, with entry tickets starting at $27.
  • Permissive rulebook: news trading, weekend holding and overnight positions are allowed across the whole range.
  • Four platforms to choose from — MT5, cTrader, DXtrade and TradeLocker — where many competitors ship only one.
  • Alpha Pro and Alpha Swing use a static drawdown, easier to manage than the trailing rule applied on Alpha One.
  • Payouts bi-weekly or on demand, picked by the trader at checkout and paid through Rise or Wise.

Points to consider

  • Trustpilot has suspended the rating for a platform rules breach, after removing fake reviews across 21,613 published reviews.
  • No crypto at all: 29 forex pairs, 10 index and oil CFDs, gold and silver — a narrow universe.
  • Consistency rule at payout: the best day must stay under 40% of total gains, and 15% on Alpha Direct.
  • Leverage capped at 1:30 on Alpha One, Alpha Swing and Alpha Direct; 1:100 covers forex on Alpha Pro only.
  • First payout timing is not published, and 23 countries are excluded, among them Russia, Ukraine and Vietnam.

Available markets

  • Forex
  • Indices
  • Metals
  • Energy

Alpha Capital Group plans and pricing

Reset price
—
Activation fee
—
Drawdown type
Trailing (end of day)
Refundable fee
—
Reset price
—
Activation fee
—
Drawdown type
Trailing (end of day)
Refundable fee
—
Reset price
—
Activation fee
—
Drawdown type
Trailing (end of day)
Refundable fee
—
Reset price
—
Activation fee
—
Drawdown type
Static
Refundable fee
—
Reset price
—
Activation fee
—
Drawdown type
Static
Refundable fee
—
Reset price
—
Activation fee
—
Drawdown type
Static
Refundable fee
—

One-time payment · No subscription

Alpha Capital Group trading rules

  • News trading Yes
  • Weekend holding Yes
  • Overnight holding Yes
  • Expert Advisors —
  • Copy trading Restricted
  • Hedging —
  • Scalping —
  • KYC required Yes
Leverage
Up to 1:30 on Alpha One (FX), 1:9 metals, 1:10 indices and oil
Spread type
—
Commission
—

Alpha Capital Group payouts

Profit split
80 %
Max profit split
90 %
First payout
—
Payout frequency
Bi-weekly or on demand (chosen at purchase); processed within 2 business days
Max allocation
400 K
Payout methods
Rise and Wise

Scaling plan: Yes

Alpha Capital Group platforms and instruments

Platforms and instruments

MT5cTraderDXtradeTradeLocker

Instruments

ForexIndicesMetalsEnergy

Countries accepted by Alpha Capital Group

Accepts traders from your country: Yes

Restricted countries

Afghanistan, Belarus, Burundi, Central African Republic, Chad, Congo - Kinshasa, Congo - Brazzaville, Eritrea, Iran, Iraq, Cuba, North Korea, Libya, Myanmar (Burma), Somalia, Sudan, Russia, South Sudan, Syria, Yemen, Venezuela, Vietnam, and Ukraine

KYC required: Yes

Our full Alpha Capital Group review

Eight plans from a single operator is the first obstacle at Alpha Capital Group. Between Alpha One and Alpha Pro in three variants each, Alpha Swing and Alpha Direct, two buyers starting from the same budget end up with risk rules that bear no relation to each other. Our overall score of 80 out of 100 hides marked internal gaps: 98 on rule fairness, 62 on support.

Alpha Capital Group: a British company registered in late 2021, with named directors

Alpha Capital Group Limited has been registered in England since 2 November 2021, under number 13719951, with “Active” status at Companies House. The registered office is in Harpenden, Hertfordshire — 1 Allied Business Centre, Coldharbour Lane, AL5 4UT — and not in London, contrary to what several circulating write-ups imply. Andrew Blaylock is CEO, alongside co-founders George Kohler and Alexander Hagan. A verifiable registration and named directors guarantee nothing, but their absence remains the sector’s first warning sign; here that signal does not exist.

Finance Magnates reports around $60M in performance commissions paid in 2024 and close to $100M in cumulative payouts claimed in the first quarter of 2025, for an average evaluation pass rate of 20%. That last figure is the most instructive: four buyers out of five fail, so the business model rests first and foremost on entry fees.

Trailing versus static at Alpha Capital Group: the choice that decides your run

Alpha One is the one-phase evaluation, with a trailing drawdown calculated at end of day on the high-water mark. Three variants: a 6% target for a 3% daily loss and 4% total drawdown; 10% for 4% and 6%; 12% for 5% and 8%. One minimum trading day, no time limit. The 6% and 10% variants go up to $200,000, the 12% stops at $100,000.

Trailing changes everything in practice. On an Alpha One 6% at $100,000, your loss budget is $4,000 for a $6,000 target: you have to make one and a half times what you can lose. And every day that closes at a new high lifts the floor by the same amount. A trader who climbs to +$4,000 then gives the whole gain back does not return to their starting point, they arrive at the breach threshold. The margin for error never widens, it follows you.

Alpha Pro moves to two phases and a static drawdown: the floor is set at purchase and does not move again. Pro 6% asks for 6% then 6%, with a 3% daily loss and 6% drawdown; Pro 8% asks for 8% then 5%, at 4% and 8%; Pro 10% asks for 10% then 5%, at 5% and 10%. Three minimum trading days per phase. This is the family to favour for a first attempt: static allows a recovery after a losing run, which trailing does not forgive.

The catalogue starts at $27, for the Alpha Pro 6% on $5,000. At $100,000, that same Pro 6% costs $397 — exactly the price of the Alpha One 6%: two phases for the price of one, with a more comfortable drawdown. Alpha Swing shows parameters identical to Alpha Pro 10% at a much higher price, $70 against $33 on $5,000. Since weekend and overnight holding are allowed across the whole range, what that premium buys does not appear in our records: get it clarified before paying.

Our grid remains incomplete: the Alpha One 10% prices were removed, the figures collected having turned out identical across all six sizes to those of a competing firm. Since the site’s configurator loads its prices in JavaScript, no external verification is possible. Hence our “medium” confidence index: the risk rules are verified in the official help centre, the pricing much less so.

Alpha Direct, the funded account bought outright at Alpha Capital Group, and what it costs in rules

Alpha Direct removes the evaluation: the account is qualified at purchase, from $2,500 to $200,000, for $30 to $897. No profit target, but a tight envelope — 3% daily loss, 5% end-of-day trailing drawdown — and the strictest consistency rule in the catalogue, 15% at payout. The split rises to 90%, against 80% as the base elsewhere, and a 3% buffer must be built before the first withdrawal.

That 15% rule is the heaviest constraint in the range. On a $5,000 payout request, no single day may have produced more than $750. A strategy that concentrates the gain across two or three strong sessions does not pass that filter: the account is not eliminated, but the withdrawal stays blocked until it smooths out. Elsewhere the threshold is 40% — on the same $5,000, the best day must stay below $2,000.

Alpha Capital Group payouts: fast processing, unknown first delay

The trader chooses at purchase between a bi-weekly cycle and payment on demand, with processing advertised within two business days. Payments go through Rise and Wise, with bank transfer (WIRE, ACH, SWIFT) and crypto via Rise. The split starts at 80% and reaches 90% through the scaling plan, whose maximum allocation is set at $400,000.

The weak point is elsewhere: the delay before the very first payout is not published. Yet that is the figure that measures your exposure to counterparty risk, since it covers the period during which you trade without having cashed anything. Add mandatory KYC, to be sorted before the first request rather than at the moment of withdrawal.

What the Trustpilot suspension and the 150 blocked accounts say about Alpha Capital Group’s risk

As of 28 August 2026, the Trustpilot rating for alphacapitalgroup.uk is suspended by the platform for breaching its guidelines, after fraudulent reviews were removed. The profile still carries 21,613 published reviews, 9,094 of them in the last twelve months, but no TrustScore is calculated. You lose the sector’s most consulted reputation source, and the reason for the suspension does not invite falling back on the remaining reviews.

Second element: in 2024, the firm blocked around 150 accounts for “group trading”, after identifying more than 300 accounts attached to a single machine identifier. Detection proves active monitoring, which protects honest traders. But it is a reminder that a shared identifier — a workstation used by two people, a shared VPS — can be enough to trigger a procedure. If you trade from shared infrastructure, settle the question with support before opening an account, not after a refused payout.

Those two points explain our trust score of 74, while rule fairness reaches 98.

What Alpha Capital Group does not document

Several parameters are absent from the official sources we checked: Expert Advisors, hedging, scalping, spread type, commission level, reset price, activation fees. Copy trading, for its part, is explicitly restricted. Nothing proves these rules do not exist, only that they are not published. For an automated strategy, the grey area is blocking as things stand.

Alpha Capital Group: who it suits, and who it certainly does not

It is a coherent choice for the discretionary forex trader who wants to pick their platform — MT5, cTrader, DXtrade or TradeLocker — and keep positions over the weekend as well as through announcements. With no time limit and a $27 ticket, experimenting costs little: our 90 on trading conditions rewards that latitude.

It is a poor choice if you trade crypto, which is entirely absent, the universe being limited to 29 forex pairs, 10 CFDs on indices and oil, plus gold and silver. A poor choice too if your strategy rests on leverage: capped at 1:30 on Alpha One, Alpha Swing and Alpha Direct, with 1:100 applying only to forex on Alpha Pro, alongside 1:9 on metals and 1:10 on indices and oil. And a poor choice, finally, if your performance is concentrated in a few big sessions.

The four things to check at Alpha Capital Group before paying

Check the price in the configurator for the exact plan you are after, our grid being incomplete on Alpha One 10%. Verify how that plan’s drawdown is calculated, trailing or static: that is what decides the difficulty. Ask support for the delay before the first payout, and for their official position on EAs and shared VPS. Finally, check your eligibility: 23 countries are excluded, including Russia, Ukraine and Vietnam — France is not among them. US residents only have access to cTrader, which is closed to new US clients, as well as DX Trade and TradeLocker.

Data verified as of 28 August 2026.

Alpha Capital Group in numbers

Overall rating

Very good

Updated on

Trust and track record 25 % 74
Trading conditions 20 % 90
Payouts 20 % 80
Rules fairness 15 % 98
Pricing and value 10 % 70
Support and UX 10 % 62

How we score

Alpha Capital Group incidents and controversies

  • Trustpilot rating suspended by the platform for a rules breach, after fraudulent reviews were removed. The profile keeps 21,613 published reviews with no overall score.

Alpha Capital Group change history

No rule change recorded since this profile opened.

Alternatives to Alpha Capital Group

What verified sources say

Our take

« Alpha Capital Group works for forex traders who want to pick their platform and drawdown type, with no time limit and no news ban. Look elsewhere if you trade crypto, need high leverage, or won't deal with a firm whose Trustpilot rating is suspended. »

Profile verdict · score 80/100

Frequently asked questions about Alpha Capital Group

Is Alpha Capital Group a reliable prop firm?
Alpha Capital Group has been operating since 2021, which is a meaningful track record in an industry where most firms are younger than three years. We score it 80/100, with 74/100 on the trust and track record pillar specifically.
How much does a Alpha Capital Group challenge cost?
The cheapest Alpha Capital Group evaluation starts at $27. Account sizes range from 5 K to 200 K, and the fee scales with the size.
How do Alpha Capital Group payouts work?
Payouts are then Bi-weekly or on demand (chosen at purchase); processed within 2 business days. The trader keeps 80 % of profits, rising to 90 % with scaling. Available methods: Rise and Wise.
What drawdown rules apply at Alpha Capital Group?
Alpha Capital Group uses a trailing (end of day) drawdown. The maximum total loss is 4 % of the account. The daily limit is 3 %. A trailing drawdown follows the account equity upward, so the loss threshold rises with your gains — check exactly when it updates before trading.
Does Alpha Capital Group accept US traders?
Yes. Alpha Capital Group does not list the United States among its restricted countries. It does exclude AF, BY, BI, CF, TD, CD, CG, ER, IR, IQ, CU, KP, LY, MM, SO, SD, RU, SS, SY, YE, VE, VN, and UA. Restriction lists change, so confirm on the firm's terms page before paying.
What are the main rules of the Alpha Capital Group challenge?
There is no time limit to complete the evaluation phases. A minimum of 1 trading days is required.

Alpha Capital Group sources