Alpha Capital Group Review 2026: Is It Legit? Challenge Rules, Drawdown Limits and Payouts

What it is

Alpha Capital Group is a prop firm operating since 2020. Jurisdiction: United Kingdom, London. Legal entity: Alpha Capital Group Ltd, London. You pay for an evaluation, prove you can respect risk limits, and get a funded account with most of the profit paid to you.

Figures below come from the company's public data as of this page's update date. Prop firms change terms more often than brokers, so verify them on the Alpha Capital Group site before paying.

Challenge conditions

Account sizes: $10 000 – $200 000. Fee: from ~$69 per attempt. Structure: one-phase and two-phase models. Drawdown limits: 5% daily, 10% overall; some programmes measure drawdown from balance rather than equity. Platforms: MT5, cTrader, DXtrade.

Payouts

Up to 90% profit split. Payouts every 14 days; crypto and bank transfer.

Drawbacks

• Young company — since 2020
• Terms vary between models
• Instrument commissions above average on some accounts

The calculation most people get wrong

The cost of access to capital is not the challenge fee — it is the fee multiplied by the average number of attempts. Published industry pass rates run from a few percent to around 10%. Multiply from ~$69 per attempt by a realistic number of attempts and compare it with trading your own deposit at the same risk — position size calculator.

Availability

Accepts clients from most cis countries.

Other prop firms

Hash Hedge, FTMO, FundedNext, The5ers, Topstep, E8 Markets, MyFundedFX, Funded Trading Plus

If the prop model does not suit you, compare regulated brokers instead.