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Cheaper
Base price: $397With code CRITIC: $277.90

30% off with CRITIC · saves $119.10

Base price: $499

Base price · no live code

Cost

Base price
$397
$499
Price with code
$277.90
30% off with CRITIC
No live code
Account size
$100K
$100K
Profit split
80%; optional 90%
80% (90% with the Profit Split 90% add-on at +25% of the price, or through scaling)

Evaluation rules

Profit target
6% / 10% / 12% by variant
10% in one phase, with all trades closed; no time limit
Max drawdown
4% / 6% / 8% trailing by variant
6% trailing the highest closed balance; locks at the starting balance once the balance reaches +6%
Daily loss limit
3% evaluation / 4% funded (6% target); 4% (10% target); 5% (12% target)
3% of the starting balance, balance-based: the floor is the 5 PM ET end-of-day balance minus 3%, and equity is checked against it in real time
Min trading days
1
3 trading days; no maximum

Funded rules

Funded drawdown
4% / 6% / 8% trailing by variant
3% daily and the same 6% trailing floor, locking at the starting balance
Consistency rule
Not recorded
None
Consistency rule (funded)
On-demand payouts: 40% best-day rule and 2% gross profit
None
News trading (challenge)
Not recorded
Not allowed: no trades or order fills, including stop loss and take profit, from 2 minutes before to 2 minutes after red-folder news on any pair, unless the News Trading add-on is bought
News trading (funded)
Not recorded
Not allowed: no trades or order fills, including stop loss and take profit, from 2 minutes before to 2 minutes after red-folder news on any pair, unless the News Trading add-on is bought
Max live balance
$400,000 shared allocation
$600,000 in funded accounts per trader across all programs, Bolt included; scaling up to $1.5M overall (the program pages say $1M)
Scaling plan
Not recorded
+20% of the starting balance per 3-month review with 10% profit and 4 successful payouts; request it by email. Up to $1.5M overall.

Options & add-ons

Choices at this size
Max loss
  • 4%$397
  • 6%$477(+$80)
  • 8%$587(+$190)
Not recorded
Add-ons
Not recorded
Profit Split 90% +25%Weekly Payouts +25%Allow News Trading +25%
Customizable at checkout
90% profit split and swap-free add-ons
Add-ons at checkout only, +25% of the price each: Profit Split 90%, Weekly Payouts, Allow News Trading.

Payouts

Payout frequency
On-demand
Every 14 days from the first funded trade (weekly with the +25% add-on), with 3 profitable days in each cycle
First payout
14 daysfirm-level
14 days, 3 profitable days, $100 minimum
Min days to payout
Not recorded
3 profitable days per payout cycle: each closes 0.5%+ up on the day's opening balance while above the starting balance
Processing time
Not recorded
Processed within 3 business days, then 24–48 hours to arrive (bank transfers up to 5 business days)
Refund policy
Not recorded
Refundable within 14 days of purchase if the account has not been traded. Otherwise the fee is refunded with the 3rd payout, on the challenges and on Bolt. A $20 admin fee may be withheld from any refund.
Payout methods
Not recorded
Crypto (USDT TRC-20 / ERC-20)Rise ($50 monthly fee)ThinkMarkets live account (not US)

Trading rules

Weekend holding
Allowed
Allowed in the challenge and funded stages
Overnight holding
Allowed
Allowed on every account
Hedging
Not recorded
Allowed within one account. Hedging or opposite positions across accounts, or with other users, is prohibited.
Copy trading
Not recorded
Only between your own ThinkCapital accounts, with ThinkCapital as the master account. Copying other prop or personal accounts, other traders or signal services is prohibited.
Expert advisors (EAs)
Not recorded
Allowed with written approval from the risk team (email support first), for ThinkTrader-compatible tools only: risk or trade managers and bots. ThinkTrader has no MT5-style EAs.
Other restrictions
Size-based lot caps
Prohibited: copying other traders, signal services or account management (copiers only between your own ThinkCapital accounts), grid or reverse trading, hedging or opposite positions across accounts or with other users, latency arbitrage, HFT, delayed or external data feeds, gap trading within 15 minutes of a market closing or reopening around scheduled events, and gambling-style risk (sustained 60–70%+ margin use, martingale, all-in trades, account rolling, bursts of sub-60-second scalps). VPN and VPS access is not allowed except ForexVPS. 30 days without a trade breaches the account.
Commission / lot
No commission fees on Standard Evaluation · Raw Evaluation costs $2.5 per lot for each transaction, in both directionsfirm-level
Commission-free on every asset on ThinkTrader; spreads only. Overnight swaps at ThinkMarkets' published rates.

Platforms

Platforms
cTraderDXTradeMT5TradeLocker
firm-level
ThinkTraderTradingView

Copies code CRITIC

Full review

Where they differ

Alpha Capital leads 3 of 4

Alpha Capital

Alpha One

ThinkCapital

Lightning

Base price
Winner: $397
$499
Price with code
Winner: $277.90
$499
Max drawdown
4%
Winner: 6%
Funded drawdown
Winner: 4%
3%

Only rows whose two values share a unit are ranked — a percentage is never ranked against a dollar figure, and a monthly fee is never ranked against a one-time one. Every row named here is highlighted in the table above.

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Alpha Capital payouts