What is Alpha Capital?
Alpha Capital is a proprietary trading firm that provides capital to skilled traders through evaluation programs. Like other prop firms, they offer traders the opportunity to trade with larger accounts while splitting profits. Founded in 2023, Alpha Capital has gained attention for its unique feature, flexible trading rules, high profit splits.
Alpha Capital’s Funding Programs
Alpha Capital offers several account sizes with different evaluation requirements:
| Account Size | Evaluation Fee | Profit Target | Max Drawdown | Profit Split |
|---|---|---|---|---|
| $10,000 | $99 | 10% | 5% | 80/20 |
| $25,000 | $199 | 10% | 5% | 80/20 |
| $50,000 | $299 | 8% | 5% | 80/20 |
| $100,000 | $499 | 8% | 5% | 80/20 |
Alpha Capital Legit or a Scam? Key Considerations
Evidence Suggesting Alpha Capital is Legit
- Verified payouts: Multiple traders have shared proof of withdrawals on forums and social media
- Clear terms: Trading rules and profit splits are transparently documented
- Positive reviews: Many traders report positive experiences with the evaluation process
- Established presence: The company has been operating since 2023 with consistent offerings
Potential Red Flags to Consider
- High evaluation fees: Some competitors offer lower-cost challenges
- Limited withdrawal options: Currently only supports paypal and bank
- Mixed reviews: Some traders report difficulties with account verification
- Newer player: Less established than firms like FTMO or Topstep
For traders considering Alpha Capital, we recommend comparing multiple prop firms before making a decision.
Alpha Capital vs Other Prop Firms
| Feature | Alpha Capital | FTMO | Topstep |
|---|---|---|---|
| Minimum Evaluation Fee | $99 | $155 | $165 |
| Profit Split | Up to 80% | Up to 90% | Up to 80% |
| Maximum Account Size | $100,000 | $400,000 | $150,000 |
| Trading Platforms | MetaTrader | Multiple | NinjaTrader |
Essential Tools for Alpha Capital Traders
TradingView for Advanced Chart Analysis
Successful Alpha Capital traders often use TradingView for its superior charting capabilities. The platform offers:
- Real-time market data across multiple asset classes
- Advanced technical analysis tools
- Customizable indicators and strategies
- Social trading features to learn from others
TradeZella for Performance Tracking
TradeZella is an excellent journaling solution for Alpha Capital traders who want to:
- Analyze trading performance in depth
- Identify patterns in winning/losing trades
- Track emotional states during trading
- Improve consistency over time
Alpha Capital FAQ
How long does it take to get funded with Alpha Capital?
The evaluation process typically takes 2-4 weeks depending on your trading strategy and how quickly you reach the profit target.
What markets can I trade with Alpha Capital?
Alpha Capital currently offers forex and commodities trading, with plans to expand to other markets in the future.
Does Alpha Capital allow scalping?
Yes, Alpha Capital permits scalping strategies, though all trades must comply with their minimum duration rules.
How often can I withdraw profits?
Funded traders can request withdrawals every 14 days after reaching the minimum threshold.
Final Verdict: Is Alpha Capital Worth It?
After thorough research, Alpha Capital appears to be a legitimate proprietary trading firm with competitive offerings. While not as established as some competitors, they provide reasonable profit splits and transparent evaluation processes. The decision ultimately depends on your trading style and goals.
Before committing, we recommend reading more prop firm reviews and testing their free resources. For traders who prefer more flexible rules or higher account sizes, exploring alternatives might be beneficial.
Ready to start your funded trading journey? Use FundedScore to compare Alpha Capital with other top prop firms and find your perfect match.