Alpha Capital Review: Offer and Rule Fit
Alpha Capital is listed on FundCoupon as a forex prop firm for traders comparing challenge pricing, current discounts, platform fit, and rule constraints. Alpha Capital, based in the United Kingdom, was established in November 2021. It operates as a CFD firm and offers 1 Step, 2 Steps, and 3 Steps programs. Account sizes range from $25,000 to $200,000. Platforms supported include MT5, cTrader, DXTrade, and TradeLocker. Tradable instruments include forex, commodities, and indices, with leverage options up to 100:1. The firm has a review score of 4.4/5 based on 811 reviews. Overall, Alpha Capital presents multiple program step options, several platform choices, and a range of instruments and leverage levels. Verified by FundCoupon for prop trading excellence.
Verdict: Consider Alpha Capital only after the offer, account rules, payout terms, and trading platform match your strategy. A coupon lowers entry cost; it does not reduce evaluation risk.
Firm Snapshot
Alpha Capital, based in the United Kingdom, was established in November 2021. It operates as a CFD firm and offers 1 Step, 2 Steps, and 3 Steps programs. Account sizes range from $25,000 to $200,000. Platforms supported include MT5, cTrader, DXTrade, and TradeLocker. Tradable instruments include forex, commodities, and indices, with leverage options up to 100:1. The firm has a review score of 4.4/5 based on 811 reviews. Overall, Alpha Capital presents multiple program step options, several platform choices, and a range of instruments and leverage levels. Verified by FundCoupon for prop trading excellence.
Key Details to Verify
- Founded: 2021-11
- Platforms: cTrader, DXTrade, MT5, TradeLocker
- Instruments: Forex, Metals, Indices, Energy
- Broker: Alpha Capital
- Leverage: Detailed in Report
Notable Features
- 200000 Alpha Capital - Alpha Pro 10% - 2-Step 200K
- 100000 Alpha Capital - Alpha Pro 10% - 2-Step 100K
- 50000 Alpha Capital - Alpha Pro 10% - 2-Step 50K
- 25000 Alpha Capital - Alpha Pro 10% - 2-Step 25K
Trading Rules to Check
- copy Trading: Allowed, personal accounts only. Proof of ownership is required if Alpha capital account is to be treated as slave. MT5 only. Alpha Capital's partnership with Prop Firm One enables you to extend your copy trading capabilities even further. PF1 allows traders to seamlessly copy trades across different proprietary firm accounts within a single platform, offering increased flexibility and a broader range of opportunities. This means that, in addition to Alpha Capital's internal copy trading feature, PF1 empowers users to manage trades across multiple firms, enhancing scalability and trading efficiency without breaching Alpha Capital's core rules. For more details on this enhanced functionality, visit PropFirmOne.com. https://help.alphacapitalgroup.uk/en/articles/8786973-is-copy-trading-allowed
- ea: Allowed, follow terms & conditions. (Verify details in source).
- news Trading: Allowed only for Swing accounts. If a trade is initiated within 2 minutes before or up to 2 minutes after a news release (a 4-minute window), its duration must exceed 2 minutes for the trade to be valid. For Alpha Pro 8/10% accounts, trading around high-impact news is restricted to 2 minutes before or after the news release. For Alpha One, Alpha pro 6% and Alpha Three accounts, trading around high-impact news is restricted to 5 minutes before or after the news release. News trading is allowed in all evaluation program without any restriction.
- weekend Holding: Allowed only for Swing accounts. (Verify for others).
- inactivity: All accounts will be deactivated after 30 days of inactivity. To avoid deactivation, log in and maintain an active connection. Once deactivated, accounts cannot be restored.
Payout Notes
Two payout options available: Biweekly Payout (every 14 days, first payout requires minimum 5 trading days) or 2% On Demand (anytime, provided 40% Best Day Rule is met and account holds at least 2% gross profit). Biweekly available for Alpha Pro 8/10%, Alpha Pro 6%, and Alpha Three plans. Only On Demand available for Alpha Swing and Alpha One plans. Profit split is scalable.
Discount and Buying Caveat
FundCoupon tracks Alpha Capital offer information, but promotions, prices, eligibility, and checkout behavior can change. Use the saved offer button when available, then verify the final price and terms on the official checkout before paying.
Final Recommendation
Alpha Capital is worth shortlisting if its rules fit your existing trading process. Skip it if the discount is the main reason you are buying or if the drawdown, payout, platform, or strategy restrictions are unclear.