Overview
Alpha Capital Group is a proprietary trading firm that stands out for its competitive pricing and generous profit split. Founded in 2021 in the United Kingdom, the firm offers a range of assets and platforms, including Forex, Indices, Metals, Crypto, and Energy, on both MT4 and MT5. With a strong focus on beginner-friendly features, Alpha Capital Group has established itself as a notable player in the prop trading industry.
Challenge Structure & Pricing
The firm's 2-step challenge is priced at $40, with a maximum allocation of $2M. The challenge structure is relatively standard, although some traders may find the 2-step process more time-consuming than a single-step evaluation. The pricing, however, is competitive, especially considering the potential for a $5K challenge with a low $50 entry. The firm's no-commission policy is also a significant advantage, allowing traders to retain more of their profits.
Profit Split & Payouts
Alpha Capital Group offers an 80% profit split, which is relatively standard in the industry. The firm's payout frequency is every 14 days, with an average payout speed of 16 hours. Over the last 30 days, the firm has made 290 payouts, totaling $22.0M in volume. This track record suggests that the firm is reliable and efficient in processing payouts.
Trading Conditions
The firm supports both MT4 and MT5 platforms, offering a range of assets, including Forex, Indices, Metals, Crypto, and Energy. The spreads are competitive, with EUR/USD at 0.2 pip, Gold at 20 pip, and NAS100 at 1.1 pts. Notably, the firm allows news trading and weekend holding, providing traders with more flexibility in their strategies.
Trust & Reputation
Alpha Capital Group has an impressive Trustpilot score of 4.7/5, based on 17,289 reviews. This suggests a high level of customer satisfaction and trust in the firm. The firm's payout track record, with 290 payouts over the last 30 days, further reinforces its reputation as a reliable and efficient prop trading firm.
Who Is It Best For?
Alpha Capital Group is best suited for traders who value a competitive pricing structure, generous profit split, and flexible trading conditions. The firm's beginner-friendly features, including a low $50 entry for a $5K challenge, make it an attractive option for new traders. However, traders seeking a more extensive instrument selection may find the firm's offerings limited.
The Bottom Line
Alpha Capital Group is a reputable prop trading firm that offers a competitive pricing structure, generous profit split, and flexible trading conditions. While the firm's 2-step challenge may take longer to complete, and the instrument selection is limited, the firm's strengths make it an attractive option for traders seeking a reliable and efficient prop trading experience. Overall, Alpha Capital Group is a solid choice for traders looking to grow their capital with a trusted and established firm.
This review was generated by AI based on publicly available data and may not reflect the most recent changes.
