Alpha Capital
Alpha Capital is a UK-based proprietary trading firm offering simulated evaluations of up to $200,000 and distributing up to 90% of simulated profits to traders who pass the program.
About Alpha Capital
Alpha Capital, a proprietary trading firm with simulated evaluations
Alpha Capital is a proprietary trading firm (prop firm) based in the United Kingdom that operates through simulated evaluations. Traders who pass the program can access an analyst account with up to $200,000 in simulated funds and receive up to 90% of the simulated profits generated. The company presents itself as a proprietary trading company, not as a broker, and clarifies that it does not accept deposits for trading with the client's own funds.
Evaluation model and accounts
Access is structured through a paid evaluation process. The catalog shows account plans starting at $5,000, with a multi-step purchase structure: plan selection, account type, size, platform, and payment method. Configurable options include commission (raw spread or no commission), payout schedule (bi-weekly or on-demand), profit split (80% standard or 90% via add-on), and swap exemption (optional). The company states that evaluation account funds are simulated and that simulated results do not reflect real trading results.
Available platforms and markets
Alpha Capital offers access to several trading platforms: MetaTrader 5, cTrader, TradeLocker, DX Trade, and Alpha Trader, the latter announced as coming soon. The company highlights that traders can access forex, metals, indices, and commodities from a single account, with symbols such as EUR/USD, GBP/USD, XAU/USD, XAG/USD, GER/30, JPN/225, NAS/100, US/SOIL, EUST/X50, HK/50, and US/500, among others. It also mentions institutional access to global markets and advanced tools for professional traders.
Firm structure and backing
Alpha Capital is part of Alpha Group, a trading group that includes ACG Markets, presented as the regulated broker behind the firm. According to published information, ACG Markets provides the market infrastructure designed for speed, stability, and professional trading conditions. The company claims to have more than 1.2 million traders and to have distributed over $100 million in performance fees to its analysts worldwide. It also states that its services are available in more than 140 countries.
Qualified Analyst program
Traders who pass the evaluation phases can obtain Qualified Analyst status and access an account with a 0% profit target and up to 90% performance fee split. The company describes this pathway as a route for progression and certification within its ecosystem. It also mentions an academy and educational resources, although it does not detail specific content in the material analyzed.
Market analysis and editorial content
The firm publishes interviews and analyses with traders, covering topics such as personal evolution in trading, the impact of global politics on markets, networking, and the usefulness of a trading journal. This content is presented under the heading of expert market analysis and aims to illustrate the experiences of traders associated with the firm.
Frequently asked questions and clarifications
In its FAQ section, Alpha Capital insists that it is not a broker, that evaluation accounts use simulated funds, and that no income is guaranteed. The company emphasizes that passing the evaluation requires real trading skill, risk management, and consistency, and that simulated results should not be confused with real results. It also warns that registering with personal details that do not match the user's identification may lead to suspension of performance fees and closure of accounts.
Simulated evaluations for traders