Alpha Capital Review 2026, Our Verdict in Numbers

Name: Alpha Capital prop firm challenge
Brand: Alpha Capital

Our formula rates Alpha Capital at 4.3/5, #4 among 90 prop firms, while 21,783 Trustpilot reviews average 4.6/5. The firm sells forex challenges from the UK through Alpha Capital Group Limited and has been in the challenge business for 4 years. It ranks this high mainly on payouts & split, at 100/100. Its weakest criterion is rules & drawdown, at 56/100. It stands out for a drawdown floor that stays put instead of trailing and starting funded without passing an evaluation. Pass on it if you are based in Vietnam. Read the 1 warning we flag further down before paying.

By Prop Firms Top Research DeskEditorial teamOfficial site checked October 5, 2026List prices, no promo codes

Why pick it

a drawdown floor that stays put instead of trailing; starting funded without passing an evaluation; cashing out whenever you ask.

Look elsewhere if

you are based in Vietnam.

Where Alpha Capital stands out

86%

Share of 5★ reviews

across 21,783 Trustpilot reviews; the firm answers 51% of the negative ones

Top profit share90%

Alpha CapitalTypical firm

its best split; the median across 90 firms is 80%

Cheap way to start$27

its lowest upfront price undercuts 68% of tracked firms

Years in business4 years

has operated longer than 79% of tracked firms

Entry price: $27
Sizes: $2.5K–$200K
Top split: 90%
Payout cycle: On request
Blocked countries: 24

Alpha Capital4.3/5 · accounts from $27Open site

⚠ Red flags on record

Trustpilot shows a warning that it detected and removed fake reviews on this company's profile (checked 2026-09-29)

Recorded from public sources on October 5, 2026. They are reported facts, not a legal ruling. While a warning stays open, the firm is kept off our beginner and most-established lists.

How Alpha Capital scores

4.3/5 overall, computed as 2 + 3 × the weighted mean of seven criteria (details in our methodology).

Its strongest criteria are payouts & split and countries accepted; its weakest is rules & drawdown.

That puts it #4 overall out of 90, and #4 among the 53 firms selling forex accounts.

Brand demand: people search Google for Alpha Capital about 30,490 times a month worldwide (Ahrefs data). ⓘ

How Alpha Capital prices compare with other forex firms

Grey dots: each forex firm's median cost per $10K of buying power. Gold: Alpha Capital.

For each $10K of buying power, Alpha Capital charges a median of $53.70, which beats 89% of forex firms. Its cheapest account costs $27. Per $1K of maximum loss, one of the two inputs of our cost score, it charges $80.19 at the median, less than 89% of forex firms. The other input is the cheapest all-in way to get funded, $27.

Alpha Capital accounts and what they cost

Cost at each account size

Lowest list price for every size, split by program.

$100K 2-Step account drawn to scale

Green bars are the phase targets, red is the overall loss cap and the dashed line is the daily cap.

Account	Program	Price	Target	Daily	Max	Drawdown	Split
$2.5K	InstantAlpha Direct - Instant Funding	$30	None	3%	5%	Balance-trailing	90%
$5K	2-StepAlpha Pro 6% - 2-Step 5K	$27	6% / 6%	3%	6%	Static	80%
$5K	2-StepAlpha Pro 10% - 2-Step 5K	$33	10% / 5%	5%	10%	Static	80%
$5K	1-StepAlpha One 6% - 1-Step 5K	$37	6%	3%	4%	Balance-trailing	80%
$5K	2-StepAlpha Pro 8% - 2-Step 5K	$37	8% / 5%	4%	8%	Static	80%
$5K	1-StepAlpha One - 1-Step 5K	$47	10%	4%	6%	Balance-trailing	80%
$5K	1-StepAlpha One 12% - 1-Step 5K	$57	12%	5%	8%	Balance-trailing	80%
$5K	InstantAlpha Direct - Instant Funding	$67	None	3%	5%	Balance-trailing	90%
$5K	2-StepAlpha Swing - 2-Step 5K	$70	10% / 5%	5%	10%	Static	80%
$10K	1-StepAlpha One 12% - 1-Step 10K	$40	12%	5%	8%	Balance-trailing	80%

First 10 of 48 accounts shown.

Trading rules at Alpha Capital

Daily loss cap: 3–5%
Overall loss cap: 4–10%
Drawdown type: Static and Balance-trailing
Phase 1 target: 6–12%
Fewest trading days: 1–3
Best-day cap: 15–40% cap on 32 of 48 accounts; not stated for 16
Trader share: 80–90%
Quickest payout cycle: On request

Alpha Capital measures drawdown as static or balance-trailing across its 48 accounts. On 50% of them, the overall loss cap is fixed (static). The most lenient account needs 1 trading day.

These numbers come from the firm's own terms, which change frequently. Double-check them on its website before you pay.

Asset	Instant	1-Step	2-Step
Indices	—	1:10	1:20
FX	—	1:30	1:100
Metals	—	1:9	1:30
Energy	—	1:10	1:10

Highest leverage per asset class and program.

Asset	Commission
FX	Raw: $5; Standard: $0
Metals	Raw: $5; Standard: $0

Getting paid by Alpha Capital

Alpha Capital releases profit on request, paying by Bank Transfer, Riseworks and Wise. The trader keeps up to 90%. Before you can ask for money, you need a gain of 1%–2% or more.

How often you get paid: Instant: on request · 1-Step: on request · 2-Step: on request or every 14 days
Your profit share: 80%–90%
Paid out via: Bank TransferRiseworksWise
Conditions to withdraw: A gain of 1%–2% or more
Best-day cap: 15–40% cap on 32 of 48 accounts; not stated for 16
Ways to buy a challenge: Apple PayCredit/Debit CardCryptoGoogle PayPayPal

Countries Alpha Capital accepts and blocks

Traders from 19 of the 20 markets we profile can sign up with Alpha Capital; Vietnam cannot. In total, 24 countries are on its blocked list.

United Arab Emirates ✓

Vietnam ✕

Full blocked list (24)

Afghanistan

Belarus

Burundi

Central African Republic

Chad

Crimea (Region of Ukraine)

Cuba

Democratic Republic of the Congo (Congo Free State)

Eritrea

Iran

Iraq

Libya

Myanmar (Burma)

North Korea

Regions of Ukraine: Crimea, Donetsk, and Luhansk

Republic of the Congo (Congo Brazzaville)

Russia

Somalia

South Sudan

Sudan

Syria

Venezuela

Vietnam

Yemen

What you can trade, and where

Trading platforms

cTrader DXTrade MT5 TradeLocker

Instruments

FX Indices Metals

Traded as: CFD.

Alpha Capital on Trustpilot: how traders rate it

Fake reviews flagged: Trustpilot reports that it found and deleted fake reviews on the Alpha Capital page and may hide the TrustScore. Read the figures below with care. In our score, this rating counts at half the normal weight.

TrustScore

4.6/5

21,783 reviews in total, 8,754 from the past year

Open the Trustpilot page ↗

Star distribution

5★

86%

4★

3★

2★

1★

Alpha Capital's response to reviews

Negative reviews answered: 51.4% of 490
Typical response time: 7.7 days
Claimed by the company: Feb 2022
Asks customers for reviews: Yes

On Trustpilot, Alpha Capital collects 86% five-star and 7% one-star ratings. That one-star share is low by prop firm standards. Because the firm actively asks customers for reviews, its five-star share is likely pushed up.

Figures taken from the public Trustpilot page on September 29, 2026. We display the ratings, never the review texts.

Traded with Alpha Capital? Email us your experience with a purchase or payout screenshot; the address is on our contact page. Verified reports help us keep this review accurate.

Alpha Capital: strengths and drawbacks

Strengths

You keep up to 90% of profits
Withdrawals on request
A fixed, non-trailing floor on most accounts
Permits news trading, weekend holding, hedging and EAs
Choice of 3 program types: Instant, 1-Step, 2-Step

Drawbacks

Our data shows no notable weak spots

Firms similar to Alpha Capital

Hola Prime

rated 4.1 · from $39 · $77.40 per $10K

The5ers

rated 4.3 · from $22 · $65.80 per $10K

FXIFY

rated 4.1 · from $19 · $75.80 per $10K

Fintokei

rated 4.0 · from $44 · $72 per $10K

Our method for this Alpha Capital review

Account data, prices and rules come from aggregated public comparison data, which is drawn from Alpha Capital's own pricing pages and terms. The trader rating is a Trustpilot snapshot from September 29, 2026. The score follows the formula on our methodology page, and affiliate payments never move it.

Questions traders ask about Alpha Capital

Is Alpha Capital a legitimate prop firm?

Alpha Capital belongs to Alpha Capital Group Limited (England and Wales), and it has sold evaluations for roughly 4 years. Trustpilot users give it 4.6/5 across 21,783 reviews. Go through the 1 warning on this page before you pay.

How fast does Alpha Capital pay out?

On its quickest accounts, Alpha Capital pays on request and lets you keep up to 90% of the profit. Money goes out by Bank Transfer, Riseworks and Wise. For customer experience with payouts, see the Trustpilot breakdown above.

Who owns Alpha Capital?

Alpha Capital is run by Alpha Capital Group Limited, a company registered in England and Wales. Andrew Blaylock and George Kohler leads it as CEO.

Does Alpha Capital accept US traders?

Yes. In our data, the US is not among the countries Alpha Capital blocks.

What does a $100K Alpha Capital account cost?

At list price, before any promo code, the 2-Step costs $397, the 1-Step costs $397 and the Instant costs $457.

What daily drawdown does Alpha Capital allow?

The daily cap is 3–5% of the account, set by the program you pick. Over the life of the account you can lose 4–10%, tracked as static or balance-trailing drawdown.

Is there a consistency rule at Alpha Capital?

32 of its 48 accounts cap your best day at 15–40% of total profit. For the other 16, the terms we hold do not state a rule.

Last data check: October 5, 2026. Based on firm pricing pages and terms, public review platforms and aggregated public comparison data (Sep 2026). Spotted a mistake? Let us know.