Alpha Capital Review

Four families spread across 35 variants: Alpha One (one-step), Alpha Pro (two-step, sold in 6%, 8%, and 10% drawdown versions), Alpha Swing (two-step, built around holding positions longer), and Alpha Three (three-step). All are one-time purchases with no subscription.

Alpha Capital supports cTrader, DXTrade, MetaTrader 5, and TradeLocker. Available markets are forex, metals, indices, and energies — it is a CFD offering rather than futures.

On the standard two-step route the target is 10% in Phase 1 and 5% in Phase 2, and you need a minimum of three trading days in each phase. Combined targets differ by plan — Alpha One asks 10%, Alpha Pro 6% totals 12%, Alpha Pro 8% totals 13%, and Alpha Pro 10% and Alpha Swing total 15%.

Each Pro plan is named after its own limit: Alpha Pro 8% carries an 8% max drawdown with a 4% balance-based daily limit, and Alpha Pro 10% carries 10% max with 5% daily. Alpha Pro 6% uses 6% max and 3% daily, while Alpha One runs 6% max and 4% daily. The max drawdown is static — measured from your starting balance rather than trailing your equity.

Up to 80%. Payouts run on a 14-day cycle, with the first available 14 days in. You request through the dashboard under 'Payout and Achievements', and every trade on the account must be closed first. Approved requests are paid within two business days. Your account stays locked while the payout processes and reopens once the balance is reset, and a performance-fee bonus is added automatically on your fourth successful withdrawal.

Yes, but the restricted window depends on your plan. Alpha Pro 8% and 10% use a four-minute window — no opening or closing trades on the affected instrument from two minutes before to two minutes after a release. Alpha Pro 6%, Alpha One, and Alpha Three widen this to ten minutes (five minutes either side). Alpha Swing permits news trading outright, but a trade opened inside the four-minute window must be held for a minimum duration.

If your stop-loss or take-profit triggers inside the restricted window it counts as a soft breach: the profit from that trade is not eligible for withdrawal, but your account is not closed. Any losses taken during news remain your responsibility. Where a breach surfaces during payout analysis, either the profits from the invalid trades or the entire payout window's profits are removed, depending on the type of breach.

A consistency requirement: no single trading day may contribute more than 40% of your total profits. The score is your best day's net profit divided by the account's total net profit — anything above 0.40 fails. Making a partial withdrawal resets the score to zero, and your next trade opens a fresh consistency window. If a payout is rejected for a rule breach, the score only recalculates once you place a new trade.

During Phase 1 and Phase 2, yes. On the funded Qualified Analyst account, holding positions over the weekend is not allowed.

A temporary group that Qualified Analyst accounts may be moved into depending on trading style and risk approach. Inside it, leverage drops to 1:30 across FX, metals, indices, and oil with capped lot exposure, and further limits can apply — a 1% single-position cap and a cooling-off period after any loss of 1% or more. Accounts in the group cannot be scaled or merged until they leave it. After two successful payouts you can be reviewed for a return to Pro leverage of up to 1:100, though that decision is discretionary rather than automatic.

Yes — maximum lot exposure scales with account size, so a $5K account is capped at 1.25 lots. Violations are counted per position rather than per trade idea, meaning a series of oversized trades can trigger several at once. On a first violation the performance fee earned from the excess lots is not withdrawable; on a second it is forfeited entirely. You can request a higher limit, but only with enough trading history from your Qualified Analyst account to justify it.

The maximum allocation is $400,000, and it is shared across all four plans — Pro, Swing, One, and Three — rather than applying to each one separately.