Alpha Capital Group (founded November 2021, London) is UK-based — which does NOT mean its product is FCA-regulated. E8 Markets (founded late 2021, Dallas, with a Saint Lucia entity) reports paying over $68m to traders, a firm-reported figure we have not audited. Neither funded-account product is a licensed investment, and an evaluation fee is at risk with either. We publish no profit split, fee or rating until verified.
Prop firm comparison
Alpha Capital Group vs E8 Markets: an honest, facts-only comparison
By Prop Firm Atlas Editorial Team · Last updated 23 June 2026
Alpha Capital Group vs E8 Markets: the verified facts
| Prop firm | Entity & regulation | account-sizes | profit-split | Actions |
|---|---|---|---|---|
| Alpha Capital Group Founded 2021 | Based in London, United Kingdom | — | — | |
| E8 Markets Founded 2021 | Based in Dallas, Texas, USA (entity also in Saint Lucia) | — | — |
- Entity & regulation
- Based in London, United Kingdom
- account-sizes
- —
- profit-split
- —
- Entity & regulation
- Based in Dallas, Texas, USA (entity also in Saint Lucia)
- account-sizes
- —
- profit-split
- —
Only fields we can verify (entity registration, confirmed details, founding year) are shown.
How do they compare on the facts?
Both were founded in late 2021, so they share a similar continuity record. The instructive difference is entity structure and how it can mislead. Alpha Capital Group is based in London — and the key point is that a UK base does not make the funded-account product FCA-authorised; the FCA regulates the underlying CFD activity, not the challenge. E8 Markets operates from Dallas with a related entity in Saint Lucia, so the question of which entity is your counterparty, and under which law, is live.
E8 reports paying over $68 million to traders. We record that as a firm-reported figure, not an audited one. The table below shows only fields we can confirm; we publish no profit splits, fees or payout figures for either firm.
Who suits whom?
Alpha Capital Group may appeal to a trader who values a London base — provided they understand it confers no FCA protection on the challenge. E8 Markets may appeal to a trader reassured by a large reported payout total — provided they read it as self-reported and confirm which entity processes withdrawals. Neither product is regulated; weigh the entity structure and the payout-voiding rules over any headline.
Frequently asked questions
Which is better, Alpha Capital Group or E8 Markets?
Both were founded in late 2021 and neither offers a regulated or protected product. Alpha Capital Group is London-based (but not FCA-regulated for the challenge); E8 Markets is US/Saint Lucia-structured and reports a large payout total (firm-reported, not audited). 'Better' depends on your strategy and the rules you accept — verify the current terms on each firm's own site.
Is Alpha Capital Group FCA-regulated because it is UK-based?
No. A London base does not make the funded-account product FCA-authorised. The FCA regulates the underlying CFD exposure and the solicitation of UK retail clients, not the challenge product. There is no FSCS protection for an evaluation fee. Read Alpha Capital Group's own terms before paying.
Related