Fact checked by Flexible Challenges with Payout Concerns
Alpha Capital Group offers a range of challenge programs, including instant funding, 1-step, and 2-step evaluations, catering to different trading styles. The firm provides a competitive profit split of up to 90% and allows for account scaling up to $2 million. However, some traders have publicly alleged payout denials and retroactive rule changes, which are important considerations.
While the firm is transparent with its company registration and Trustpilot score, potential traders should weigh the flexibility of its programs against these reported issues.
Pros
- Multiple challenge types
- Up to 90% profit split
- Scaling up to $2M
- No time limits on challenges
Cons
- Allegations of payout denials
- Trailing drawdown on some plans
- News trading restrictions on funded
Challenge & fees by account size
Alpha Capital Group offers a diverse lineup of challenge programs, including Alpha Direct (Instant Funding), Alpha One (1-step), and Alpha Pro (2-step). Fees vary by account size and program, with the Alpha Pro $10,000 account costing $97.00. While the firm states fees are one-time payments, all evaluation plans are non-refundable, which is a common industry practice.
The firm has removed time limits on evaluations, offering unlimited trading days, but some programs like Alpha One use a trailing drawdown, which can be a tighter restriction for traders.
Instant Qualified, no evaluation.
Compare all account sizes
| Size | Fee | Phase 1 | Phase 2 | Daily loss | Max loss |
|---|---|---|---|---|---|
| $2.5K | $30 | — | — | $75 | $125 |
| $5K | $67 | — | — | $150 | $250 |
| $10K | $97 | — | — | $300 | $500 |
| $25K | $197 | — | — | $750 | $1,250 |
| $50K | $257 | — | — | $1,500 | $2,500 |
| $100K | $457 | — | — | $3,000 | $5,000 |
| $200K | $897 | — | — | $6,000 | $10,000 |
Standard 2-phase evaluation.
Compare all account sizes
| Size | Fee | Phase 1 | Phase 2 | Daily loss | Max loss |
|---|---|---|---|---|---|
| $10K | $97 | $1,000 | $500 | $500 | $1,000 |
| $25K | $197 | $2,500 | $1,250 | $1,250 | $2,500 |
| $50K | $297 | $5,000 | $2,500 | $2,500 | $5,000 |
Trading rules, plainly
Alpha Capital Group offers varied rules across its programs, with Alpha One using a trailing drawdown that locks at the original balance once 6% profit is reached. Alpha Pro and Alpha Swing, however, use a static maximum drawdown. News trading is unrestricted during evaluation phases, but on Qualified Analyst accounts, a 5-minute either-side news window applies to most programs, except Alpha Swing.
The firm does not enforce a consistency rule across its 24 challenge plans, but a “40% Best Day Rule” applies for on-demand payouts, meaning your most profitable day cannot account for more than 40% of your total profit balance.
Payouts
Alpha Capital Group offers flexible payout cycles, including bi-weekly (every 14 days) or on-demand requests. The firm states that performance fee requests are processed within 2 business days. The first eligible payout can be requested after one trading day on 1-step plans or three trading days on 2-step and 3-step plans.
While the standard profit split is 80%, Alpha Direct offers 90% as standard, and an add-on for 90% is available for other plans. Payouts are available via Rise, Wise, traditional bank transfers, and crypto through Rise.
MethodsRise (e-wallet)Wise (bank transfer)traditional bank transfersCrypto
Profit split scaling
Trust & legitimacy
Alpha Capital Group, legally ALPHA CAPITAL GROUP LIMITED, was founded in 2021 and is registered in England and Wales with company number 13719951. The firm reports having paid over $120 million to traders, a figure stated by the company itself. On Trustpilot, Alpha Capital Group holds a strong score of 4.7/5 from over 15,000 reviews.
However, there are documented red flags, including public allegations of payout denials and retroactive rule changes, where reasons varied from IP addresses to news trading or risk limits.
- UK-registered company
- Publicly listed address
- High Trustpilot score
- Large number of Trustpilot reviews
- Payout denials: Traders allege rejected payout requests due to compliance or rule reviews.
- Retroactive rule changes: Complaints question late identification of alleged rule violations.
ALPHA CAPITAL GROUP LIMITED, England and Wales, 1 Allied Business Centre, Coldharbour Lane, Harpenden, England, AL5 4UT
Platforms & support
Alpha Capital Group provides multiple trading platforms, including MetaTrader 5, cTrader, TradeLocker, and DX Trade, offering flexibility for traders. These platforms support a range of instruments such as Forex, metals, indices, and commodities. Leverage varies by program and asset class, with FX leverage up to 1:100 on Alpha Pro.
While the firm offers a good selection of platforms, specific instrument classes per platform were not verified in our research. An optional add-on is available to turn off overnight swap fees.
| Platform | Devices | Instruments | Leverage |
|---|---|---|---|
| MetaTrader 5 | Desktop, web, mobile | Forex, metals, indices, commodities | FX 1:100, Metals 1:30, Indices 1:20, Oil 1:10 (Alpha Pro) |
| cTrader | Desktop, web, mobile | Forex, metals, indices, commodities | |
| TradeLocker | Web, mobile | Forex, metals, indices, commodities | |
| DX Trade | Web, mobile | Forex, metals, indices, commodities |
Score breakdown
Our scores for Alpha Capital Group are based on a thorough analysis of its published rules, fees, and available payout evidence. The overall score is an average of six key categories: Rules fairness, Payout reliability, Value for money, Trust & transparency, Platforms, and Support. This firm’s main strength lies in its diverse challenge offerings and high profit split, but its primary weakness is the reported payout issues.
- Multiple challenge types
- Up to 90% profit split
- Scaling up to $2M
Trading involves significant risk. Past performance is not indicative of future results.
