This article was written with AI assistance and reviewed by our editorial team. It is for informational purposes only and does not constitute financial advice.
Alpha Capital Group is one of the most established prop firms in the UK, with a 4.7/5 Trustpilot rating from over 16,800 reviews. Unlike many competitors that focus on futures, Alpha Capital Group specializes in forex, indices, and commodities, offering both 1-step and 2-step evaluations. In this review, we cover their challenge structure, platform options, [drawdown rules](/en/blog/ftmo-drawdown-rules-2026), and how to save with the promo code PFK.
Exclusive Deal: Use code
PFK for a discount on all Alpha Capital Group challenges.
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What Is Alpha Capital Group?
Alpha Capital Group is a UK-based proprietary trading firm that provides funded accounts for forex and CFD traders. Founded with a focus on transparency and trader success, the firm has grown rapidly and now has one of the largest review counts on Trustpilot in the prop trading industry (16,849 reviews).
The firm offers funding up to $2,000,000 — one of the highest max allocations available from any prop firm, making it particularly attractive for experienced traders looking to scale. Alpha Capital Group operates under UK regulations, which adds a layer of credibility compared to firms based in less regulated jurisdictions.
Challenge Options: 1-Step, 2-Step, and 3-Step
Alpha Capital Group offers multiple evaluation paths. This flexibility lets you choose the challenge structure that best fits your trading approach:
Alpha One (1-Step Evaluation)
| Account Size | Price | Profit Target | Max Drawdown | Daily Loss Limit |
|---|
| $10,000 | $97 | 10% | 6% | 4% |
| $100,000 | $497 | 10% | 6% | 4% |
The Alpha One plan is the fastest path to funding — pass a single evaluation with a 10% profit target and you are funded. The 6% max drawdown and 4% daily loss limit are standard for the industry. With only 1 minimum trading day, you can theoretically [pass the challenge](/en/blog/how-to-pass-prop-firm-challenge) in a single session if your strategy delivers.
Alpha Two (2-Step Evaluation)
| Account Size | Price Range | Profit Target | Max Drawdown | Daily Loss Limit |
|---|
| $10,000 | $67 | 6-10% | 6-10% | 3-5% |
| $100,000 | $427 – $577 | 6-10% | 6-10% | 3-5% |
The 2-step evaluation has a lower entry price ($67 for $10K vs. $97 for the 1-step). The tradeoff is that you must pass two phases instead of one. Some 2-step plans offer higher drawdown limits (up to 10%) for a higher price, which can be worthwhile for strategies that need more breathing room.
Alpha Three (3-Step Evaluation)
Alpha Capital Group also offers a 3-step evaluation starting at $397 for a $100K account. This option features an 8% profit target with a 6% drawdown and 4% daily limit. The 3-step is typically chosen by traders who want the lowest possible per-step profit target.
Supported Platforms
Alpha Capital Group supports four trading platforms:
- MetaTrader 5 (MT5) — the most widely used forex trading platform
- cTrader — popular for its clean interface and advanced order types
- DXTrade — web-based platform, no download required
- TradeLocker — modern, mobile-first trading platform
The inclusion of both MT5 and cTrader covers the vast majority of forex traders. TradeLocker is a newer addition that appeals to traders who prefer mobile trading.
Profit Split and Scaling
Alpha Capital Group offers a profit split starting at 80%, which can scale up to 90% through their [scaling plan](/en/blog/ftmo-scaling-plan-2026). The maximum allocation of $2,000,000 is among the highest in the industry — significantly more than futures-focused firms like TakeProfitTrader ($150K max) or Bulenox ($250K max).
For traders with proven strategies looking to manage serious capital, Alpha Capital Group's scaling potential is a major draw.
Pros and Cons
Pros
- 16,800+ Trustpilot reviews at 4.7/5 — strong social proof
- $2,000,000 max allocation — one of the highest in the industry
- Multiple evaluation paths (1-step, 2-step, 3-step)
- UK-based firm with regulatory credibility
- MT5 and cTrader support — covers most forex traders
- 1 minimum trading day on Alpha One — fastest possible evaluation
- Forex, indices, and commodities — not limited to futures
Cons
- Profit split starts at 80% (some competitors offer higher)
- Multiple plan tiers and pricing can be confusing
- Higher challenge prices compared to futures firms
- Daily loss limit applies on all plans
Alpha Capital Group vs. Competitors
Alpha Capital Group competes in a different segment than futures firms. For forex traders, it offers one of the best combinations of platform support, high max allocation, and evaluation flexibility. The $2M max allocation dwarfs most competitors.
However, if you trade futures, firms like Bulenox (90% OFF with PFK), TakeProfitTrader (40% OFF with WIN), or My Funded Futures (50% OFF with WIN) will serve you better since Alpha Capital Group does not offer CME futures.
How to Use the Promo Code
- Visit Alpha Capital Group on PropFirmKey
- Choose your preferred evaluation plan (Alpha One, Two, or Three)
- Enter code PFK at checkout
- Your discount will be applied automatically
Verdict: Is Alpha Capital Group Worth It in 2026?
Alpha Capital Group is a top-tier choice for forex and CFD traders who want a trusted, UK-based prop firm with serious scaling potential. The 16,800+ Trustpilot reviews, $2M max allocation, and flexible evaluation paths make it one of the strongest options in the forex prop firm space. Use code PFK at checkout to save on your evaluation.
For full pricing and challenge details, visit Alpha Capital Group on PropFirmKey.
