Alpha Capital Group
Trust: MediumSpecifications
| Profit split | Up to 80% |
|---|---|
| Max funding | Up to $400,000 (combined across all accounts) |
| Challenge fee | $50 – $577 (published examples) |
| Payout track record | Over $100M in cumulative payouts claimed (self-reported) |
| Payout cycle | Bi-weekly or on-demand (processed within 2 business days of request) |
| Platforms | MT5 · cTrader · DXtrade · TradeLocker |
| Evaluation | Multiple |
| Drawdown model | Mixed |
| Daily loss limit | 4% |
| Max drawdown | 6% |
| Max leverage | 1:100 |
| Sources | [1][2][3][4][5][6][7] |
| Website | https://alphacapitalgroup.uk/ |
Trustpilot: 4.7 (19,815 reviews) — third-party, as of 2026-06-22
Strengths
- Evaluation models to choose from, spanning 1 to 3 steps
- Flexible bi-weekly plus on-demand payouts (processed within 2 business days)
- Affordable evaluation fees from $50 (Alpha One $5K)
- Strong Trustpilot rating of 4.7/5 (roughly 17,000–20,000 reviews)
Watch-outs
- Profit split capped at 80%
- Recurring third-party reports of withdrawal denials citing the 2-minute news rule and similar fine print
- June 2024 mass suspension of around 150 accounts (the firm later acknowledged false positives and announced reinstatements)
- New US signups paused since mid-February 2024
What Alpha Capital Group is
Alpha Capital Group is a London-based proprietary trading firm that launched in November 2021. A prop firm, in this model, allocates firm capital — usually simulated funds — to traders who pass an evaluation, then pays out a share of the profits they generate.
The firm’s contact address is Tower 42 in London (25 Old Broad Street, London EC2N 1HN). Its founders are George Kohler (Managing Director & Founder) and Andrew Blaylock (Co-Founder & Director).
By its own account, the company has served more than 1.2 million traders across 140+ countries and paid out over $100M in rewards. All of these are self-reported figures.
On the regulatory side, the firm announced in November 2023 that its partner broker, ACG Markets, had been approved by the Seychelles FSA (Financial Services Authority). Note that the licence sits with the partner broker, not with the prop firm itself.
Evaluation models
There are three evaluation tracks: Alpha One (1-step), Alpha Pro (2-step, with 6%, 8%, 10% and Swing variants), and Alpha Three (3-step).
| Item | Details |
|---|---|
| Evaluation models | 1-step (Alpha One) / 2-step (Alpha Pro, Swing) / 3-step (Alpha Three) |
| Account sizes | $5,000 – $200,000 |
| Max allocation | $400,000 total (combined across all accounts) |
| Evaluation fee (published examples) | $50 (Alpha One $5K) – $577 (Alpha Swing $100K) |
| Profit split | Up to 80% |
| Platforms | MT5 / cTrader / DXtrade / TradeLocker (an in-house “Alpha Trader” with TradingView integration is announced as coming soon) |
| Payouts | Bi-weekly or on-demand, processed within 2 business days of request |
Alpha One (1-step) has a 10% profit target, a 6% trailing maximum drawdown, and a 4% daily drawdown, with a minimum of 1 trading day and no time limit. Drawdown is the cap on how far the account balance may fall; “trailing” means that threshold ratchets upward as the balance reaches new highs.
Alpha Pro (2-step) lets you choose a static maximum drawdown of 6%, 8%, or 10%, with daily limits of 3%, 4%, and 5% respectively, and a minimum of 3 trading days per phase. Alpha Swing uses a static 10% maximum and a 5% daily limit, and allows overnight and weekend holding.
Always confirm the latest exact numbers on the official site.
Strengths
1. Evaluation models spanning 1 to 3 steps
From the 1-step Alpha One to the 3-step Alpha Three, you can pick your own balance of difficulty and cost. Account sizes are also broad, running from $5,000 to $200,000.
2. Flexible bi-weekly plus on-demand payouts
Payouts run on a bi-weekly cycle, with on-demand requests also supported, and the firm states they are processed and paid within 2 business days. Withdrawal methods are Rise, Wise, and bank transfer; crypto is not supported directly but can be received via Rise (Riseworks).
3. Affordable evaluation fees from $50
Published examples start at $50 for the Alpha One $5K, with even the Alpha Swing $100K at $577 — a price range that makes it easy to start small.
4. Strong Trustpilot rating
As of mid-2026, the Trustpilot score is 4.7/5 across roughly 17,000–20,000 reviews, with about 85–86% of them 5-star. One-star reviews still account for 7–8%, so it is worth reading through the negative ones as well.
Weaknesses and caveats
1. Fine-grained invalidation rules and reported withdrawal disputes
Positions opened within 2 minutes of a news release are not counted as valid trades unless held for more than 2 minutes. Third-party sites carry recurring reports of withdrawal denials and account closures citing this 2-minute rule, lot-sizing requirements, and violations of the firm’s internal news calendar.
The review site BestPropFirms scores the firm a low 43/100 and does not recommend it — a sharp split from the broadly favourable Trustpilot picture.
2. The June 2024 mass account suspension
In June 2024, after more than 300 accounts were found linked to the same device ID, around 150 traders had their accounts suspended over group-trading allegations (Finance Magnates coverage). The firm later acknowledged that its Myfxbook integration may have caused the false positives and announced it would reinstate wrongly suspended accounts.
3. Extra conditions on on-demand payouts, plus an inactivity rule
On-demand withdrawals come with a 40% Best Day rule — no single day’s profit may exceed 40% of cumulative profit — and a minimum threshold of 2% total profit (the Best Day rule does not apply to bi-weekly payouts). In addition, Alpha Pro accounts are closed after 30 consecutive days without trading.
4. Profit-split ceiling, and regulation / US access
The profit split tops out at 80%. In mid-February 2024 the firm also stopped accepting new US customers, in response to MetaQuotes-driven regulatory pressure on the industry as a whole (not an enforcement action against the firm itself).
Operations began in November 2021, so it does not yet have a decade-scale track record like FTMO (2015–).
Who it fits / who it does not
A good fit for:
- Traders who want to pick an evaluation model anywhere from 1 to 3 steps
- Anyone who values on-demand withdrawals and the 2-business-day processing speed
- Traders who want to test the firm with small tickets from $50
- Users of MT5 / cTrader / DXtrade / TradeLocker
Not a fit for:
- Traders who prioritise a 90%-class profit split above all else
- Styles that lean heavily on short-hold trades around news releases
- US residents looking to open a new account (signups paused; check the official site for the latest status)