Alpha Capital Group offers a straightforward approach to proprietary trading, providing forex traders with accessible evaluation programs and fair trading conditions. Founded in 2021, the firm has positioned itself as a reliable mid-tier option in the competitive prop trading landscape, offering standard two-phase challenges with 80% profit splits and reasonable drawdown parameters.
| Platform Comparison | Alpha Capital | Industry Average | Premium Alternative |
|---|---|---|---|
| Profit Split | 80% | 70-85% | 80-90% |
| Evaluation Fee | $40-$200 | $50-$1,500 | $155-$1,080 |
| Account Minimum | $5,000 | $5,000 | $10,000 |
| Maximum Funding | $200,000 | $200,000-$400,000 | $2,000,000 |
| Evaluation Steps | 2-step | 1-3 steps | 2-step |
| Profit Target | 8% + 5% | 8-12% | 10% + 5% |
| Daily Drawdown | 5% | 4-6% | 5% |
| Overall Drawdown | 10% | 8-12% | 10% |
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Note on fees: Alpha Capital offers competitive pricing with evaluation fees ranging from $40 for the smallest accounts to $200 for larger sizes. The standard two-phase challenge requires 8% profit in phase one and 5% in phase two, with standard drawdown limits.
Alpha Capital appeals to traders seeking straightforward, no-frills prop trading without complex rules or gimmicks. The firm provides reliable service and fair conditions for forex traders ready to demonstrate their skills.
Company History & Development
Alpha Capital Group was established in 2021, entering the prop trading market during a period of rapid industry expansion. The company launched with a focus on providing reliable, straightforward funding programs without the marketing hype characterizing some competitors.
The firm has maintained steady operations since launch, building a trader base through consistent service delivery rather than aggressive promotional campaigns. This approach has attracted traders valuing substance over marketing.
Throughout 2022-2023, Alpha Capital refined its offerings while maintaining core program stability. The company has focused on operational reliability and customer service quality as its primary differentiators.
Business Model & Core Services
Alpha Capital operates a standard two-phase evaluation model. Phase one requires achieving an 8% profit target within 30 days, while phase two requires 5% within 60 days. Standard 5% daily and 10% overall drawdown limits apply.
Account sizes range from $5,000 to $200,000, providing options for traders at various experience levels. The firm supports forex pairs, indices, and commodities through MetaTrader 4 and MetaTrader 5 platforms.
Funded traders receive 80% profit splits with bi-weekly payout processing. While not the highest in the industry, this rate remains competitive and is delivered reliably.
Regulatory Compliance & Trust
Alpha Capital operates as a proprietary trading firm with standard business registration. The company has built trust through consistent operations and reliable payout processing since its 2021 founding.
The firm maintains transparent terms and responsive customer support. While lacking the extensive track record of older competitors, Alpha Capital has demonstrated reliability within its operational period.
Economics & Value Proposition
Alpha Capital's competitive advantage lies in affordable, straightforward pricing. Evaluation fees are among the lower options in the market, making prop trading accessible without significant upfront investment.
The 80% profit split, while not industry-leading, provides fair compensation for successful traders. The company's straightforward approach avoids complex scaling rules or conditional profit share adjustments.
Technology & User Experience
Trading occurs through MetaTrader 4 and MetaTrader 5, providing familiar interfaces for most forex traders. The company's dashboard offers standard account monitoring and performance tracking features.
Customer support is available through standard channels with reasonable response times. The user experience prioritizes functionality over flashy interfaces.
Scalping-Friendliness (Commissions, Leverage & Slippage)
Alpha Capital permits scalping and various trading strategies within standard rules. Leverage offerings align with industry norms for forex trading. No minimum holding times or restrictive trading style rules apply.
Execution quality and spreads are reported as acceptable, though experiences vary based on market conditions.
Security & Risk Management
Standard security measures protect trader accounts and information. Risk management is enforced through the defined drawdown limits with position closure when parameters are breached.
Market Position & Suitability
Alpha Capital suits traders seeking reliable, affordable prop trading without premium pricing or complex features. The firm appeals to practical traders who prioritize substance over marketing.
Beginners may appreciate the lower entry costs and straightforward rules. Experienced traders comfortable with standard terms will find consistent service.
Traders seeking maximum profit splits, innovative features, or extensive educational resources might find better fits elsewhere. Alpha Capital's strength lies in reliable simplicity.
Conclusion
Alpha Capital Group provides solid, straightforward prop trading services without unnecessary complexity. The firm's affordable pricing and reliable operations create value for traders seeking practical funding options.
Key strengths include competitive fees, straightforward rules, and consistent service. The 80% profit split and standard features may not excite traders seeking premium options.
For traders valuing simplicity and reliability at accessible price points, Alpha Capital represents a reasonable choice in the prop trading market.
Last updated: November 29, 2025