Alpha Capital Group Review
Multi-platform simulated prop firm offering evaluations up to $200,000 with static drawdown limits and bi-weekly or on-demand payout schedules.
- HQ
- Harpenden, UK
- Founded
- 2021
- Regulation
- Unregulated
Operated by Alpha Capital Group Limited
Written by the Proptary Team · Updated 27 Oct 2026
Researched with AI assistance and verified by our editors
Overview
Alpha Capital Group is a UK-based proprietary trading firm offering simulated evaluations across foreign exchange and CFD markets, with the two-step Alpha Pro program priced in the table below. This Alpha Capital Group review covers the Alpha Pro two-step rules, payouts, and pricing, plus the Trustpilot suspension traders should know about before buying.
Alpha Capital Group Limited was incorporated in England and Wales on November 2, 2021, and its registered office is at Allied Business Centre in Harpenden. Companies House lists George Kohler and Andrew Blaylock as the two current directors, appointed in November 2021. Trading accounts operate exclusively within simulated environments connected to brokerage affiliate ACG Markets Ltd, which holds a securities dealer license in Seychelles. Alpha Capital Group Limited itself does not hold a financial regulator's license, and its terms state it is not required to be authorized by the UK Financial Conduct Authority. The address in the firm's terms (6-7 Waterside Station Road) differs from its Companies House registered office.
Review summary
Pros and cons
What works
5 strengths
- Static maximum drawdown structure ensures the capital loss floor never trails upward with account profit.
- Broad platform support including MetaTrader 5, cTrader, DXtrade, and TradeLocker terminals.
- Payout options provide flexibility between standard 14-day bi-weekly requests and an on-demand withdrawal path.
- Scaling plan lets eligible traders scale simulated accounts up to a cumulative $2 million across all scaled accounts.
- UK company registration with two named directors on the public Companies House register.
What doesn't
6 to plan around
- Trustpilot shows no public rating for the firm, citing a breach of its guidelines.
- Strict 40% consistency rule limits single-day profit concentration when requesting on-demand withdrawals.
- Weekend holding is strictly prohibited on funded Alpha Pro accounts despite being permitted during evaluation.
- Position spamming policy penalizes executing three or more separate orders for the same setup within 60 seconds.
- Maximum leverage of 1:100 magnifies losses, and an 8% leveraged loss breaches the maximum drawdown and costs you the evaluation fee.
- Expert Advisors are allowed on MetaTrader 5 only for trade management, need email pre-approval, and fully automated EAs lead to immediate account closure.
Cost of entry
Alpha Capital Group pricing
| Account Size | Assessment Fee | Evaluation Model | Refundable |
|---|---|---|---|
| $5,000 | $37 | 2-Step (Alpha Pro 8%) | No |
| $10,000 | $57 | 2-Step (Alpha Pro 8%) | No |
| $25,000 | $177 | 2-Step (Alpha Pro 8%) | No |
| $50,000 | $297 | 2-Step (Alpha Pro 8%) | No |
| $100,000 | $527 | 2-Step (Alpha Pro 8%) | No |
| $200,000 | $997 | 2-Step (Alpha Pro 8%) | No |
Our Alpha Capital Group review found that fees start at about $37 for the $5,000 Alpha Pro evaluation (confirm at checkout). The fee is a one-time payment. On the $5,000 account, it provides access to a two-phase evaluation where traders work toward an 8% Phase 1 profit target and a 5% Phase 2 target with a static loss floor. Choosing add-ons such as the 90% profit split or swap-free trading increases the checkout total by approximately 10% each. According to the firm's help center, evaluation fees are non-refundable, so only buy a plan you plan to finish. Free retries are also no longer offered, so traders must pay standard rates to buy a new evaluation if they breach risk parameters.
Rule clarity
Alpha Capital Group rules
Score95 / 100Maximum leverage is 1:100, so a small price move can erase a large share of your account balance. On an evaluation account, a leveraged loss of 8% breaches the maximum drawdown limit and costs you the evaluation fee. In this Alpha Capital Group review, the rules that matter most are the static drawdown, the 4% daily loss limit, and the position spamming policy. On the smallest $5,000 evaluation account, the 4% daily loss limit equals $200, while the 8% maximum loss creates a fixed $4,600 floor that never trails unrealized gains.
- Profit target
- 8%
- Max daily loss
- 4%
- Max total drawdown
- 8%
- Drawdown type
- Static (Balance-based)
- Min trading days
- 3
- Time limit
- None
- Consistency rule
- Best trading day net profit must not exceed 40% of total accumulated profits when requesting on-demand withdrawals.
- Max leverage
- 1:100
- Scaling plan
- Yes, up to $2,000,000
- Platforms
- MT5, cTrader, DXtrade, TradeLocker
- Instruments
- Forex, Metals, Indices, Commodities
- Not accepted from
- Afghanistan, Belarus, Burundi, Central African Republic, Chad, Democratic Republic of the Congo, Republic of the Congo, Cuba, Eritrea, Iran, Iraq, Libya, Myanmar, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Venezuela, Vietnam, Yemen, Region of Crimea, Sanctioned areas of Ukraine (currently Donetsk, Luhansk, Kherson, and Zaporizhzhia)
What a static drawdown means for you
The limit is fixed against the account starting balance and does not move as the account grows or shrinks. It is the most forgiving type: once you are in profit, the same dollar buffer stays in place rather than trailing up behind your equity.
What changes once you are funded
News trading and weekend holding are allowed during evaluation. Once funded as a Qualified Analyst, holding positions over the weekend is strictly prohibited on Alpha Pro accounts, and opening or closing trades within five minutes of high-impact news on listed assets is banned. Violating weekend or news rules results in profit confiscation rather than account termination, while on-demand withdrawals introduce a 40% consistency requirement. Alpha Swing, the firm’s other two-step plan, allows weekend holding and offers on-demand payouts only.
Strategy rules
- News trading
- Not allowed
- EAs / bots
- Not allowed
- Weekend hold
- Not allowed
- Hedging
- Not allowed
- Copy trading
- Allowed
- HFT / tick scalping
- Not allowed
Payout reliability
Alpha Capital Group payouts
Score70 / 100Alpha Capital Group pays an 80% performance split by default, either every 14 days or on demand. For this Alpha Capital Group review, we compared the 14-day bi-weekly cycle with the on-demand option and its 40% consistency test. On the $5,000 Qualified account, bi-weekly requests have a $100 minimum, while the on-demand schedule requires at least 2% in profit. Alpha Capital Group states that approved rewards are paid through Rise, Wise, direct bank wire transfer, or cryptocurrency facilitated via Riseworks within two business days. The catch is strict oversight. On-demand withdrawals require passing a 40% consistency test, where no single day can exceed 40% of your total profits. Traders in community reports say the firm’s risk team reviewed their trade records before approving some payouts.
- Profit split
- 80%
- Payout cycle
- Every 2 weeks
- Reported payout speed
- 1-2 business days
- Withdrawal fee
- None stated
- Minimum withdrawal
- $100 (bi-weekly); on-demand requires 2% minimum profit
- Payout methods
- Wise, Bank Wire, Rise, Crypto via Rise
Customer support
Customer support
Score80 / 100Alpha Capital Group provides customer assistance through an Intercom live chat widget embedded on its website and dashboard, an active community Discord server, and direct email communication. Support agents are available on weekdays from 8:00 a.m. to 8:00 p.m. GMT, so expect slower replies outside European business hours and on weekends. According to public reports on Trustpilot as of October 2026, live chat agents handle basic technical questions during business hours, while account investigations and payout disputes go to specialized email teams.
- Channels
- Live chat, Email, Discord
- Availability
- Business hours
- Reported response time
- Not enough reports
- Reports collected
- 27 Oct 2026
Track record
Track record and transparency
Score100 / 100Over its operating history, the firm has partnered with brokerage affiliate ACG Markets to provide dedicated simulated data feeds across multiple terminals, and it publishes a country availability list for traders. It has also published formal position spamming rules to limit split-order execution.
Community sentiment
Community sentiment
Score45 / 100Traders point to the predictability of the static drawdown structure. We found too few reports to rate support response times. Trustpilot shows no public rating for Alpha Capital Group, noting that it is unavailable due to a breach of its guidelines, with 22,015 reviews listed as of October 2026. Furthermore, community discussions on Reddit document payout disputes where traders report five-figure profits withheld following discretionary risk reviews concerning position spamming and execution hold times.
Decision
Final verdict
Alpha Capital Group offers a competitive evaluation framework highlighted by static drawdown limits, broad platform integration, and a choice between bi-weekly and on-demand payouts. The fixed drawdown baseline gives traders a tangible mathematical advantage over trailing drawdown structures. However, strict operational hurdles exist on funded accounts, including weekend holding bans on Alpha Pro, an on-demand 40% consistency rule, and vigorous enforcement of position spamming policies. Because Trustpilot has suspended the firm's public rating and community reports describe strict payout reviews, follow the rulebook closely and expect payout approval to stay subject to the firm's risk review. Our Alpha Capital Group review found a clear published rulebook, while community reports describe strict payout reviews.
Is Alpha Capital Group right for you?
Alpha Capital Group suits disciplined intraday forex traders seeking static drawdown risk and flexible platform selections like MetaTrader 5 or cTrader. It is unsuited for swing traders who require weekend holding on standard funded accounts, traders using commercial expert advisors, or those uncomfortable with stringent back-end compliance reviews at the payout stage.
Who should trade with Alpha Capital Group?
You should trade with Alpha Capital Group if you are a manual day trader executing low-frequency setups who can benefit from fixed loss limits and bi-weekly payouts. Traders relying on high-frequency scalping, rapid multi-order execution within seconds, or position holding across major economic news events should look elsewhere.
Questions
FAQ
What is Alpha Capital Group?
Alpha Capital Group is an evaluation firm providing simulated trading accounts up to $200,000 for retail forex and CFD traders seeking performance fee rewards based on their simulated trading results.
When was Alpha Capital Group founded?
Alpha Capital Group Limited was incorporated in England and Wales on November 2, 2021. Traders use simulated accounts governed by fixed risk parameters before advancing to funded stages.
What broker does Alpha Capital Group use?
Alpha Capital Group says its simulated accounts use execution feeds from its affiliated brokerage partner, ACG Markets. Simulated execution connects to MetaTrader 5, cTrader, DXtrade, and TradeLocker without routing orders to interbank exchanges, and trades remain subject to the firm's published execution rules.
Who owns Alpha Capital Group?
Companies House lists George Kohler and Andrew Blaylock as the two current directors of Alpha Capital Group Limited. It also lists Alpha Group UK Holdings Ltd as the only active person with significant control, holding 75% or more of the shares since April 1, 2026.
Where is Alpha Capital Group based?
Alpha Capital Group is based in the United Kingdom, with its registered office at Allied Business Centre in Harpenden. Companies House shows the company as active and incorporated in England and Wales. The firm does not serve residents of the restricted countries listed in the Not accepted from field.
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Before you pay
Many prop firms operate without a financial services license. They argue that traders use simulated accounts and the firm risks its own capital, so no client money is held and no license is required. That arrangement is common in this industry, but it also means no regulator supervises the firm and there is no compensation scheme if it stops paying. What matters instead is whether the company behind the brand is named and traceable, and whether it has a payout record you can check.
This page is for information only and is not investment or trading advice. Trading through a funded or proprietary trading program carries real risk, including the loss of evaluation fees and any funded account. Rules, pricing, and payout terms vary by firm and can change without notice. A Proptary Grade reflects our most recent check and may not capture very recent changes, so confirm current terms directly with the firm before buying an evaluation.
Before you pay
Many prop firms operate without a financial services license. They argue that traders use simulated accounts and the firm risks its own capital, so no client money is held and no license is required. That arrangement is common in this industry, but it also means no regulator supervises the firm and there is no compensation scheme if it stops paying. Proptary is not a financial institution, not an investment adviser, and is not supervised by any financial regulator.
Nothing here is advice. Our grades, scores and write-ups are information only. They are not investment or trading advice, not a recommendation to buy an evaluation, and not tailored to your circumstances. Read the firm’s own terms and decide for yourself.
A grade is not a guarantee. A Proptary Grade summarises the evidence we were able to verify on the date shown. It is not a measure of the firm’s financial strength, not a promise that it will pay you, and not an assurance that it will still be operating next month. Payout records, review scores and support times we cite are historical evidence, never a forecast.
The fee is at risk from the moment you pay it. An evaluation buys an attempt, not an account. Most traders do not pass. Breaching a drawdown or consistency rule can cost you the entire fee and any funded account, with no refund.
Prices and rules change without notice. Firms change fees, rules and payout terms, sometimes days after we check. Confirm the current terms on the firm’s own site before you pay for anything. Proptary is not liable for losses arising from reliance on information published here.
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