Alpha Capital Group is a UK-registered funded trader programme offering challenge-based evaluation across accounts from $10,000 to $200,000, an instant funding option for traders who want to skip the evaluation, and a scaling programme that can reach up to 100% profit split. The 100% split figure is the headline marketing hook; the conditions attached to reaching it — milestones, consistency requirements, and the specific drawdown definition — matter far more than the number itself. An evaluation fee or instant funding fee is money at risk and is not a regulated investment. Verify the entity, read the full rule set, and confirm payout history independently before paying.
What Alpha Capital Group is — and the 100% split claim
Alpha Capital Group is a UK-registered funded trader programme offering challenge-based evaluation with account sizes from $10,000 to $200,000. The firm also offers an instant funding option — access to a funded account without a challenge phase, in exchange for a fee and typically stricter drawdown conditions. The headline claim of up to 100% profit split applies specifically to the scaling programme, not the entry-level funded account.
A 100% profit split means the firm retains nothing from your simulated profits on that account tier. This is a genuinely attractive proposition, but it requires reaching a scaling milestone — a performance threshold that typically takes multiple consistent payout cycles to achieve. Evaluate the firm on its entry-level split and the conditions on the first scaling milestone. The 100% figure is the top of a ladder; what matters for most traders is how the first few rungs are structured.
Instant funding: what it offers and what it costs
Alpha Capital Group's instant funding option allows traders to access a funded account without completing a challenge evaluation phase. The model trades the screening process for immediate access, typically at a higher fee or with stricter ongoing drawdown rules. The economic logic matters here: instant funding removes the risk of failing a challenge, but the fee is paid upfront regardless of trading performance, and if the account is breached, the fee is lost without the partial recovery that a successful challenge refund provides.
Before choosing instant funding over a challenge, calculate the break-even. On a standard challenge, passing and receiving a first payout often triggers a fee refund — the challenge cost is effectively zero if you succeed. On instant funding, the fee is sunk from day one. For traders with high confidence in their consistency, a challenge with a fee refund on first payout may be the lower net cost. For traders who want to avoid the psychological pressure of a challenge evaluation, the premium on instant funding may be worth paying. Verify current instant funding fees, split, and drawdown terms at alphacapitalgroup.uk.
Challenge structure, drawdown rules, and account conditions
Alpha Capital Group uses a challenge-based evaluation structure. Account sizes run from $10,000 to $200,000 with challenge fees varying accordingly. The profit split on the standard funded account is below the 100% scaling level — confirm the entry-level split at alphacapitalgroup.uk, as we do not publish figures we cannot verify in real time.
The drawdown rules are the operative terms that determine whether you pass the challenge and whether payouts are triggered on the funded account. Confirm: whether the maximum drawdown is static or trailing, whether it follows closed P&L or real-time floating equity, whether daily drawdown is calculated on the start-of-day balance or end-of-day balance, and what consistency conditions — if any — apply to profit distribution across trading days. These are the rules that end challenges; they are more important than the headline profit split or account size.
- Account sizes $10k to $200k — verify current challenge fees at alphacapitalgroup.uk
- Instant funding available — calculate the net cost vs a challenge with fee refund on first payout
- Scaling programme up to 100% split — verify milestone conditions and timeline before using this as a deciding factor
- UK registration — confirm entity details at Companies House before paying
- Drawdown definition: confirm static vs trailing, and whether floating equity is counted
UK registration, operational history, and counterparty risk
Alpha Capital Group is UK-registered. Verify the company name and registration number at Companies House before paying — a UK company register entry is the floor of legitimacy, not a guarantee of solvency or longevity. The funded-account product is not a regulated investment under FCA rules; UK registration does not change this.
The industry contraction of 2024–2025 — in which an estimated 80–100 prop firms ceased operations, many after MetaQuotes revoked their MT4/MT5 licences — is the relevant context for any newer prop firm. Before paying any fee to Alpha Capital Group, find at least five independently verified payout records from identifiable accounts on Reddit r/Forex or r/ForexFunding (filtered to the last 90 days), check Trustpilot for volume and the firm's response pattern to negative reviews, and confirm which trading platform the firm uses and whether it controls its own platform access. Platform dependency was the primary cause of closures in the 2024–2025 shakeout. An evaluation fee or instant funding fee is money at risk and there is no compensation scheme covering it.
Frequently asked questions
Is Alpha Capital Group legitimate?
Alpha Capital Group is a UK-registered funded trader programme. Verify the company registration at Companies House before paying. It is not a regulated financial product under FCA rules — the funded-account challenge model is not a regulated investment. Verify payout history independently (five confirmed payouts from identifiable accounts on Reddit or Trustpilot) and check for any payout delay reports in the last 90 days before committing a fee.
Can I really get a 100% profit split with Alpha Capital Group?
The 100% split applies specifically to Alpha Capital Group's scaling programme, reached after hitting performance milestones over multiple consistent payout cycles. It is not the entry-level split. Evaluate the firm on its initial funded account split and the conditions attached to the first scaling milestone — these are the terms you will trade within at the outset. Verify current scaling milestones and split tiers at alphacapitalgroup.uk.
How does Alpha Capital Group's instant funding work?
Instant funding at Alpha Capital Group provides access to a funded account without a challenge evaluation phase, in exchange for a fee and typically stricter drawdown conditions. The fee is sunk from day one — unlike a challenge fee, which may be refunded on first payout if you pass. Calculate the net cost of both options before deciding: instant funding removes evaluation risk; a challenge with a fee refund removes the sunk-cost element if you succeed. Verify current instant funding terms at alphacapitalgroup.uk.
What account sizes does Alpha Capital Group offer?
Alpha Capital Group offers challenge-based and instant funding accounts from $10,000 to $200,000. Challenge fees vary by account size. Verify current tiers and fees at alphacapitalgroup.uk — do not rely on third-party sites for current pricing, as these change with promotions.
Is Alpha Capital Group regulated by the FCA?
The funded-account challenge product is not a regulated investment under FCA rules — this is true across the funded trader industry. A UK registration confirms the legal entity exists and is subject to UK company law; it does not make the product a regulated financial instrument. Verify the firm's current status at alphacapitalgroup.uk and at the FCA register.
Sources & further reading
An independent, regulation-first guide to proprietary trading firms. Our editorial desk verifies every factual claim against primary sources and regulators' own publications, and never accepts payment for a better listing. Nothing we publish is financial or legal advice.