Alpha Capital

Evaluation Phases

Alpha Capital offers 1-Step (Express), 2-Step (Alpha Pro / Swing) and 3-Step (Alpha Three) challenge types.

There is no Instant Funding model – all accounts must go through evaluation.

Account sizes in challenge range from $5,000 to $200,000.

Profit Targets

• Alpha One (1-Step): Typically 10% profit target.
• Alpha Pro / Swing (2-Step): Phase 1 target 10%, Phase 2 target 5%.
• Alpha Three (3-Step): Phase 1 target 8%, then 4% in Phase 2 and Phase 3.

Drawdown Rules

• Max Daily Drawdown: Usually around 4-5% of account balance depending on challenge type.
• Maximum Total (Overall) Drawdown: Typically 6-10% depending on the program. 

Strategy Rules

Copy Trading: Copy trading or mirroring trades across multiple accounts is strictly prohibited. Traders must operate accounts independently without using third-party signals or group trading setups.

Expert Advisors (EAs): EAs are permitted if disclosed and approved by Alpha Capital. However, third-party bots, unregistered systems or automation that exploits latency, arbitrage, or tick data are banned.

News Trading

• Swing Program: Allowed, provided trades opened within ±2 minutes of a high-impact release remain active for at least 2 minutes.
• Other Programs: Trading is restricted within 5 minutes before and after major economic events.

Overnight & Weekend Positions: Holding trades overnight or through weekends is permitted on most accounts. The exception is the Alpha Pro-funded account, where all positions must be closed before the weekend.

Multiple Accounts: Traders may hold more than one account but cannot copy trades between them or use mirrored strategies to bypass risk limits.

Prohibited Tactics

• Arbitrage, latency exploitation, spoofing and front-running.
• Order spam or rapid-fire entries to manipulate the market.
• Gambling-style tactics such as Martingale, all-in trading or excessive lot-size jumps.
• Offset trades across different accounts designed to neutralize drawdowns.

Profit Split

Traders receive up to 80% profit share, with the remaining portion going to the firm as a performance fee.

Payout Frequency

• Alpha Capital supports on-demand payouts, allowing traders to withdraw profits anytime once requirements are met.
• Alternatively, traders can opt for a bi-weekly payout cycle (every 14 days).

Withdrawal Conditions

• All open positions must be closed before requesting a payout.
• The 40% Best Day Rule applies, no single day’s profit can exceed 40% of the total period’s profit.
• For on-demand withdrawals, a minimum 2% gross profit is required.
• For bi-weekly withdrawals, at least 3 active trading days are required within the cycle.
• The minimum withdrawal amount is $100.

Scaling Plan

• Once a funded trader achieves a 10% profit on their account, they can request scaling.
• Each scale-up increases account capital by 10% of the initial balance (not of accumulated profits).
• After each withdrawal, the account is reset to the new scale balance.
• Maximum account size per trader through scaling is $2,000,000.
• Scaling applies across programs such as Alpha Pro, Swing and Alpha Three challenges.