Alpha Capital Group Review

Alpha Capital Group built a strong following among forex traders, then ran into a reputational problem that has nothing to do with its trading rules. This Alpha Capital Group review separates the two: first the evaluation menu, which is broad and fairly conventional, and then the trust questions that a buyer should weigh in late 2026.

Background

The firm was founded in 2021 in the United Kingdom by Andrew Blaylock and George Kohler, with Kohler serving as managing director. It is a CFD and forex evaluation business; a sister brand, Alpha Futures, handles futures traders. There is no financial licence, and funded “Analyst” accounts are simulated, with traders receiving a performance fee rather than trading their own capital.

Choosing a Plan

Instead of one flagship challenge, Alpha offers five variants across account sizes from $5,000 to $200,000:

• Alpha One: a single phase with a 10% target, 4% daily limit and a 6% drawdown that trails the high-water mark. Only one trading day is required.
• Alpha Pro 8: two phases at 8% and 5%, 4% daily, 8% static maximum loss.
• Alpha Pro 10: 10% then 5%, with 5% daily and 10% static limits.
• Alpha Swing: the Pro 10 structure plus permission to hold over nights and weekends.
• Alpha Three: three steps of 8%, 4% and 4% with a 6% static ceiling.

All two- and three-step plans need at least three trading days per phase, and none impose a time limit. In July 2026 the firm extended daily drawdown limits to every plan, so older descriptions that mention plans without a daily cap are out of date.

What It Costs

Published list prices for Alpha Pro start at $50 for $5,000 and climb to $297 for $50,000, $497 for $100,000 and $997 for $200,000. Alpha Swing costs more, from $70 up to $1,097. Discounts of around 20% to 25% have appeared regularly. We could not confirm whether fees are refunded with the first payout, so ask support before buying.

Payout Terms

The profit split is a flat 80% across plans, below the 90% or more that several competitors now advertise. Requests can be made on demand or on a bi-weekly basis, subject to two filters: no single day may account for more than 40% of profit, and gross profit must reach at least 2% of the account. A scaling path adds capital after 10% growth, up to a cumulative $2 million across Alpha plans.

Platforms

Traders can choose MetaTrader 5, cTrader, DXtrade or TradeLocker. US residents are limited to the non-MT5 options, and cTrader is not accepting new US clients. Copy trading is not supported on cTrader, DXtrade or TradeLocker.

The Trust Question

This is the section that matters most this year. On 22 August 2026, Trustpilot restricted Alpha Capital Group’s profile for a breach of its guidelines, clearing a rating that had stood around 4.7. Comparison site PropFirmMap downgraded the firm’s safety grade from A+ to D the next day. Trustpilot did not publish details, and Alpha had previously told Finance Magnates that it works within the platform’s processes and had dealt with fake negative reviews in the past. A restriction of this kind does not prove that payouts are failing, and we found no regulatory action, but it removes one of the main public signals traders rely on.

Who Should Consider It

Alpha suits forex traders who want plan flexibility, unlimited time and a choice of four platforms, particularly swing traders who need weekend holding. Those prioritising the highest split, or who treat review-platform standing as a deciding factor, may prefer to wait for clarity on the Trustpilot matter before committing a large fee.

Leveraged CFD trading carries a high chance of loss, and an evaluation fee should be money you can afford to lose.

Alpha Capital Group FAQ

Risk warning: Trading forex and CFDs on margin carries a high level of risk. Bonus terms are set by each broker and may change; always check the broker's official terms before claiming.