Prop Firm Pick

Alpha Capital Discount Code

Alpha Capital Group is a London‑based proprietary trading firm founded in November 2021. They operate a two-phase evaluation model, where traders attempt to hit profit targets—typically 8% in Phase 1 and 5% in Phase 2—while adhering to strict risk limits (e.g., 5% daily drawdown, 10% overall). Upon success, traders can access funded accounts (ranging from $5K up to $200K or more), keep 80% of profits, and benefit from bi-weekly withdrawals

Country
UK
Review
Year Created
3 Years
CEO
Andrew Blaylock and George Kohler

Firm Overview

Broker:
ACG Markets
Platforms:
cTrader
MT5
DXTrade

Consistency Rules

The on-demand payout option includes a 40% consistency rule requirement and a minimum of 2% gross profit.

Firm Rules

Inactivity Rule

  • 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.

All or Nothing

  • All or nothing practices are prohibited.

Average Trade Duration

  • Traders must ensure that the average duration of all their trades exceeds 2 minutes.
  • At least 50% of the requested profit must come from trades that exceed 2 minutes.

Order Block Spamming

  • Entering multiple orders in a short period of time is prohibited.

News Trading on Qualified Analyst Accounts

  • 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 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.

Drawdown Adjustment Rule for Alpha One Accounts

  • If your 6% trailing Max Drawdown resets to the initial balance after reaching a 6% profit, maintain a profit buffer to keep trading.
  • Withdrawing all profits will result in account closure.

Risk Management

  • Consistently losing or risking 3.5-5% in a single trade or sequence of trades closed around the same time is prohibited.

Qualified Analyst Allocation Rules:

  • $300,000 is the MAXIMUM allocation per trading strategy on a Qualified Analyst Account

Maximum lot allowed (Funded)

  • Alpha Swing:
    $5k = Max 1.25 lots
    $10k = Max 2.5 lots
    $25k = Max 5 lots
    $50k = Max 10 lots
    $100k = Max 20 lots
    $200k = Max 40 lots
    $300k = Max 60 lots
    Alpha One, Alpha Pro 6%, Alpha Pro and Alpha Three:
    $5k = Max 2.5 lots
    $10k = Max 5 lots
    $25k = Max 10 lots
    $50k = Max 20 lots
    $100k = Max 40 lots
    $200k = Max 80 lots
    $300k = Max 120 lots

Payout Policy

  • You can select either Biweekly Payout or 2% On Demand at checkout for the Alpha Pro, Alpha Pro 6% and Alpha Three plans.
  • For the Alpha Swing and Alpha One plan only the 2% On Demand option is available.

Biweekly Payout Value:

  • Payouts every 14 days.
  • Minimum withdrawal: $100 in gross profits.

Two Percent on Demand Value:

  • Traders can request payouts anytime, provided they:
  • Achieve the 40% Best Day Rule.
  • Have at least 2% of gross profits in the account balance.
  • 40% Best Day Rule: No single trading day can contribute more than 40% of total profits.