Alpha Capital is a prop firm, based in Harpenden, England, UK. Markets: Forex, Indices, Commodities. Evaluation types: 1-step, 2-step, instant. Published fees start at $27; account sizes run from $2.5K to $200K. Profit split: up to 90%.
Alpha Capital scores 6.2/10, ranked #17 of 20. Its strongest area is cost (9.2, driven by fee per $1K of account); the weakest is track record (4.0). Best fit: traders on a budget, traders who want frequent withdrawals. Missing inputs (trust, track record) score 4/10 by rule.
One-time evaluation fee per program, as listed by the firm. The cheapest option at each size is marked.
| Account | Alpha One (10%) | Alpha Pro 6% | Alpha Direct |
|---|---|---|---|
| $2.5K | - | - | $30 |
| $5K | $47 | $27 | $67 |
| $10K | $87 | $47 | $97 |
| $25K | $187 | $117 | $197 |
| $50K | $277 | $217 | $257 |
| $100K | $477 | $397 | $457 |
| $200K | $947 | $797 | $897 |
Plug these into the true-cost calculator to see the cost to your first payout.
Drawdown trailing (locks at initial balance)
| Account | Fee | Per $1K |
|---|---|---|
| $5K | $47 | $9.4 |
| $10K | $87 | $8.7 |
| $25K | $187 | $7.48 |
| $50K | $277 | $5.54 |
| $100K | $477 | $4.77 |
| $200K | $947 | $4.73 |
Drawdown static
| Account | Fee | Per $1K |
|---|---|---|
| $5K | $27 | $5.4 |
| $10K | $47 | $4.7 |
| $25K | $117 | $4.68 |
| $50K | $217 | $4.34 |
| $100K | $397 | $3.97 |
| $200K | $797 | $3.98 |
Drawdown trailing (locks at initial balance)
| Account | Fee | Per $1K |
|---|---|---|
| $2.5K | $30 | $12 |
| $5K | $67 | $13.4 |
| $10K | $97 | $9.7 |
| $25K | $197 | $7.88 |
| $50K | $257 | $5.14 |
| $100K | $457 | $4.57 |
| $200K | $897 | $4.49 |
No changes recorded since we started tracking this firm. Every future change to its rules, fees or payout terms will appear here with the date.
Alpha Capital lists a profit split of up to 90% (80% standard; 90% via add-on or Alpha Direct), per its website as of 2026-10-26.
The lowest published fee is $27 for a $2.5K account.
Daily loss limit: 3%-5% by plan; maximum drawdown: 5%-10% by plan (static (Pro/Swing); trailing (One/Direct)).
Payout cycle: bi-weekly or on-demand (by plan).
MT5, cTrader, DXtrade, TradeLocker.
Partly. News trading is restricted on some programs or windows; check the firm's rules page.
We score firms on published data, not opinions. Alpha Capital has a PA Score of 6.2/10. Check the rule history on this page for recent changes.
Every figure above was read from these pages on . Firms change rules often, so confirm before you buy.
Data notes. Alpha One/Pro fees from firm's own pricing post (checkout as of 21 Sep 2026); Alpha Direct fees from live product page. Product page lists Alpha One 6/10/12% variants but rules guide says only 10% sold; Alpha Pro also 8%/10% variants and Alpha Swing (2-step, 10%/5%, 10% static) exist, fees not captured. Trustpilot shows rating unavailable (guidelines breach notice), 22,010 reviews. Other active codes: MYALPHA 30% (ends 26 Oct), FUNDED40 40% Direct, 10KFOR40. US: no MT5/new cTrader. Founded year not found.