GBIntroduction to Alpha Capital Group
Alpha Capital Group is a UK-based prop firm founded in November 2021 by George Kohler and Andrew Blaylock. With 1.2 million+ traders across 140+ countries and $100M+ in performance fees paid out, it is one of the largest prop firms by trader count outside of FTMO. The firm offers four evaluation paths — Alpha One, Alpha Pro, Alpha Swing, and Alpha Three — each with distinct drawdown structures and profit target sequences, giving traders more genuine program diversity than most competitors.
The firm’s broker arm, ACG Markets, is licensed in Seychelles, providing the regulated infrastructure behind the simulated trading environment. Note: Alpha Capital Group does not accept US residents or citizens.
Who Is Alpha Capital Group For?
Alpha Capital Group suits non-US forex and multi-asset traders who want to choose between trailing and static drawdown structures based on their strategy. The Alpha One trailing drawdown — which locks permanently at the starting balance once you are 6% in profit — is one of the most trader-friendly trailing drawdown structures in the industry: the trailing period ends once you clear the threshold, removing the risk of giving back gains indefinitely.
The three Alpha Pro variants (6%, 8%, 10% targets) also give traders genuine control over the difficulty/cost trade-off, rather than a single fixed evaluation path.
Challenge Programs
Alpha Capital Group offers four evaluation paths:
- Alpha One (1-Step): 10% profit target. Trailing drawdown at 6% — once your account reaches +6% profit, the trailing floor locks permanently at your starting balance. 4% daily drawdown. Minimum 1 trading day. Fees from $50 ($5K account), $297 for $50K.
- Alpha Pro (2-Step, 3 variants):
- Pro 6%: Phase 1: 6%, Phase 2: 6%. Static 6% max drawdown. 3% daily drawdown.
- Pro 8%: Phase 1: 8%, Phase 2: 5%. Static 8% max drawdown. 4% daily drawdown.
- Pro 10%: Phase 1: 10%, Phase 2: 5%. Static 10% max drawdown. 5% daily drawdown.
- All Pro variants: minimum 3 trading days per phase. $197 for $25K account.
- Alpha Swing (2-Step): Phase 1: 10%, Phase 2: 5%. Static 10% max drawdown. 5% daily drawdown. Minimum 3 days per phase. $577 for $100K account. Designed for swing traders holding positions longer-term.
- Alpha Three (3-Step): Phase 1: 8%, Phase 2: 4%, Phase 3: 4%. Static 6% max drawdown. 4% daily drawdown. Minimum 3 days per phase. Three-phase progression for the most conservative evaluation path.
Trading Rules
- Best Day Rule: No single trading day can exceed 40% of total cumulative profit — applies to on-demand payout requests
- On-demand payouts: Require minimum 2% gross profit on the account and must pass the 40% Best Day Rule
- Bi-weekly payouts: $100 minimum, 5 trading days required before first request
- No time limits on any evaluation phase
- US residents/citizens: Not eligible for any program
- Max allocation: $400,000 across all accounts combined
Platforms and Instruments
Three platforms supported: MT5, cTrader, and DXtrade — covering the full range of preferences from legacy MetaTrader users to modern platform traders. Instruments include forex pairs, metals, indices, and commodities. Spreads from 0 pips with zero commission.
Payouts
- Profit split: 80% on all programs
- Frequency: On-demand or bi-weekly
- Methods: Bank wire (Rise), crypto
- Payment accepted: Crypto, credit/debit card, PayPal
- Total paid out: $100M+ in performance fees
Our Verdict
Alpha Capital Group earns an 8.0 BestProp score. The 1.2M+ trader base and $100M+ in payouts establish it as one of the most proven mid-tier prop firms available. The program diversity — four evaluation paths with three Pro variants — is genuinely useful rather than marketing noise, and the Alpha One trailing drawdown lock is one of the most intelligent trailing structures we have seen.
The 80% maximum split (no path to 90%+) and the Best Day Rule on on-demand withdrawals are the main limitations. For non-US traders who want program flexibility and a proven track record at competitive fees, Alpha Capital Group is a strong choice.
