What is Alpha Capital? (2026)
Alpha Capital is the forex-focused prop firm in our ecosystem. Founded in London in 2021, it lets traders take an evaluation, and those who pass progress to a Qualified Account where they earn performance fees on simulated profits under published rules. It is the original brand the wider ecosystem grew out of, including Alpha Futures, ACG Markets, and Alpha Prime.
Last verified: June 2026
General information only. This is not financial advice. Trading is simulated and performance fees are performance-based, so outcomes are not guaranteed.
Is Alpha Capital legit?
It is a real, established company, and that is verifiable. Alpha Capital Group Limited is registered in the UK, founded in November 2021, and headquartered in London. It has a public leadership team, a published rulebook, a help centre, and a long Trustpilot record (20,000+ reviews around 4.7), with $100M+ in performance fees reported as paid to traders.
The honest caveat: like nearly all prop firms, the trading is simulated, and the rules are enforced strictly. "Legit" does not mean "easy," it means the company and its process are real and documented. For the wider trust question, see are futures prop firms legit.
How does Alpha Capital work?
You buy an evaluation, hit the objectives under the rules, and progress to a Qualified Account. The model in plain steps:
- Choose an evaluation type and an account size (sizes run from $5K up to $200K).
- Trade toward the profit objective while staying inside the drawdown and rule limits.
- Pass, and progress to a Qualified Account that earns performance fees on simulated profits.
A few rules genuinely catch people out, so know them before you buy: a minimum trade duration, a consistency rule on your best day, and news-trading restrictions on some account types. Our breakdown of Alpha Capital drawdown rules and why most traders fail evaluations will save you a failed account.
What can you trade on Alpha Capital, and on which platforms?
Alpha Capital is forex and CFD focused. You can trade:
- Forex pairs
- Indices
- Commodities
- Metals
Platforms include MetaTrader 5, cTrader, DXTrade, and TradeLocker. You can execute through our own platform too, explained in what Alpha Trader is.
Please note that for U.S. residents, the available platforms are cTrader*, DX Trade and Tradelocker.
Traders travelling to the U.S. must refrain from using their MetaTrader 5 accounts while staying there.
* cTrader is currently not accepting new U.S. customers. If you are a U.S. customer who already has a cTrader account, you can continue trading and purchase new evaluations. This restriction applies only to new U.S. customers.
What is the difference between Alpha Capital and Alpha Futures?
The market you trade. That is the core split.
Brand | Market focus | Platforms |
|---|---|---|
Forex, indices, commodities, metals | MT5, cTrader, DXTrade, TradeLocker | |
Futures | Tradovate, NinjaTrader, Quantower and more |
Same ecosystem and same general idea of evaluation then Qualified Account, different instruments. Pick by what you actually trade. The execution and liquidity behind the scenes come from our broker, ACG Markets.
Can you progress beyond a Qualified Account?
Yes. Consistent Qualified Account traders can be reviewed for selection into Alpha Prime, the professional tier of the ecosystem. It is selection-based, not something you buy. To understand what selection looks for, read what qualified traders do differently.
FAQs
Is Alpha Capital a scam?
No. It is a UK-registered company, founded in 2021, with a public team, published rules, and a long Trustpilot history. Trading is simulated, which the firm states openly.
Is Alpha Capital regulated?
Alpha Capital Group runs a simulated evaluation model and is not itself a retail broker. The connected broker, ACG Markets, holds a Seychelles FSA licence. See our ACG Markets explainer.
Is Alpha Capital the same as Alpha Futures?
No. Alpha Capital is forex-focused; Alpha Futures is futures-focused. Same ecosystem, different markets and platforms.
Is trading on Alpha Capital simulated?
Yes. Trading is simulated, and performance fees are paid on simulated profits under published rules.
What can I trade on Alpha Capital?
Forex, indices, commodities, and metals, on MT5, cTrader, DXTrade, or TradeLocker.
What can I trade on Alpha Capital from US?
The available platforms are cTrader*, DX Trade and Tradelocker.
Traders travelling to the U.S. must refrain from using their MetaTrader 5 accounts while staying there.
Always confirm current plan rules, objective parameters, fees, and eligibility on the official help centre before purchase.
