
Alpha Capital Group
Total Paid Out
$70M+
Trustpilot
4.7★ (16.0K reviews)
Traders
300K+
Established
2021
Our Review
What Alpha Capital Group offers traders
Alpha Capital Group has evolved into one of the UK's most prominent proprietary trading firms since its November 2021 launch. Founded by George Kohler and Andrew Blaylock, the firm operates from London and provides simulated funded accounts through six distinct evaluation pathways. With over 250,000 registered traders across 180+ countries and more than $70 million in reported payouts, Alpha Capital has established meaningful scale in the competitive prop trading landscape.
The firm differentiates itself through breadth of choice. Where most...
At a Glance
Trading Rules
Key Numbers
Programs & Pricing
| Program | Size | Fee | Phase 1 | Phase 2 | Daily DD | Total DD | Split |
|---|---|---|---|---|---|---|---|
| Alpha Pro 10% $5K | $5,000 | $50 | 10% | 5% | 5% | 10% | 80% |
| Alpha Pro 8% $5K | $5,000 | $77 | 8% | 5% | 4% | 8% | 80% |
| Alpha Swing $5K | $5,000 | $70 | 10% | 5% | 5% | 10% | 80% |
| Alpha One $5K | $5,000 | $50 | 10% | — | 4% | 6% | 80% |
| Alpha Pro 6% $5K | $5,000 | $40 | 6% | 6% | 3% | 6% | 80% |
| Alpha Pro 10% $10K | $10,000 | $97 | 10% | 5% | 5% | 10% | 80% |
| Alpha Swing $10K | $10,000 | $147 | 10% | 5% | 5% | 10% | 80% |
| Alpha Pro 6% $10K | $10,000 | $67 | 6% | 6% | 3% | 6% | 80% |
| Alpha Pro 8% $10K | $10,000 | $147 | 8% | 5% | 4% | 8% | 80% |
| Alpha One $10K | $10,000 | $97 | 10% | — | 4% | 6% | 80% |
| Alpha Three $10K | $10,000 | $67 | 8% | 4% | 4% | 6% | 80% |
| Alpha Pro 8% $25K | $25,000 | $247 | 8% | 5% | 4% | 8% | 80% |
| Alpha Three $25K | $25,000 | $157 | 8% | 4% | 4% | 6% | 80% |
| Alpha Pro 6% $25K | $25,000 | $137 | 6% | 6% | 3% | 6% | 80% |
| Alpha One $25K | $25,000 | $197 | 10% | — | 4% | 6% | 80% |
| Alpha Pro 10% $25K | $25,000 | $197 | 10% | 5% | 5% | 10% | 80% |
| Alpha Swing $25K | $25,000 | $247 | 10% | 5% | 5% | 10% | 80% |
| Alpha Swing $50K | $50,000 | $357 | 10% | 5% | 5% | 10% | 80% |
| Alpha Pro 10% $50K | $50,000 | $297 | 10% | 5% | 5% | 10% | 80% |
| Alpha Three $50K | $50,000 | $247 | 8% | 4% | 4% | 6% | 80% |
| Alpha Pro 6% $50K | $50,000 | $237 | 6% | 6% | 3% | 6% | 80% |
| Alpha Pro 8% $50K | $50,000 | $357 | 8% | 5% | 4% | 8% | 80% |
| Alpha One $50K | $50,000 | $297 | 10% | — | 4% | 6% | 80% |
| Alpha Pro 8% $100K | $100,000 | $557 | 8% | 5% | 4% | 8% | 80% |
| Alpha Pro 6% $100K | $100,000 | $427 | 6% | 6% | 3% | 6% | 80% |
| Alpha Pro 10% $100K | $100,000 | $497 | 10% | 5% | 5% | 10% | 80% |
| Alpha One $100K | $100,000 | $497 | 10% | — | 4% | 6% | 80% |
| Alpha Three $100K | $100,000 | $397 | 8% | 4% | 4% | 6% | 80% |
| Alpha Swing $100K | $100,000 | $557 | 10% | 5% | 5% | 10% | 80% |
| Alpha Three $200K | $200,000 | $697 | 8% | 4% | 4% | 6% | 80% |
| Alpha One $200K | $200,000 | $997 | 10% | — | 4% | 6% | 80% |
| Alpha Pro 6% $200K | $200,000 | $847 | 6% | 6% | 3% | 6% | 80% |
| Alpha Pro 8% $200K | $200,000 | $1097 | 8% | 5% | 4% | 8% | 80% |
| Alpha Pro 10% $200K | $200,000 | $997 | 10% | 5% | 5% | 10% | 80% |
| Alpha Swing $200K | $200,000 | $1097 | 10% | 5% | 5% | 10% | 80% |
35 programs available
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Pros & Considerations
Strengths
- Six distinct evaluation programs offering exceptional flexibility for different trading styles
- No time limits on any evaluation phase (only 30-day inactivity rule)
- Zero commission on Standard accounts and commission-free index trading on all accounts
- Competitive pricing — $40 entry point for the cheapest $5K evaluation
- In-house regulated broker (ACG Markets) with sub-30ms execution
- 4-hour average payout processing with multiple withdrawal methods (Rise, Wise, bank wire)
- Scaling plan up to $2,000,000 with straightforward 10% achievement triggers
- Free trial accounts and monthly trading competitions available
Considerations
- FCA has issued a formal warning about the firm operating without authorization
- All evaluation fees are non-refundable, even after passing
- All trading occurs in a simulated demo environment — no real market execution
- 40% Best Day consistency rule adds an extra barrier to payouts on funded accounts
- EA approval requires submitting full proprietary source code (MQ5 files)
- Alpha Pro funded accounts cannot hold trades over weekends despite evaluation allowing it
- Only 41 instruments available on funded accounts (not 160+ as marketed)
- Risk Management Group can be imposed at the firm's discretion, drastically restricting trading conditions
Alpha Capital Group traces its origins to 2018 when George Kohler, then a young investor studying banking, finance, and investments at BPP University, approached Andrew Blaylock with an idea. Kohler had discovered proprietary trading while at university and noticed a gap in the market — no single firm offered a complete trading experience combining fair evaluations, excellent technology, and genuine trader support. Blaylock, who had nearly two decades in financial services and had launched his own successful brokerage, saw the potential immediately.
The pair spent three years developing the concept before formally incorporating Alpha Capital Group Limited on November 2, 2021, with Companies House registration number 13719951. The company initially registered at Unit 8, Thrales End Business Centre in Harpenden, Hertfordshire, reflecting its modest beginnings.
Growth came rapidly. The firm relocated to 6-7 Waterside Station Road in Harpenden in December 2021, then to the prestigious 10 Lower Thames Street in London's Billingsgate area in March 2024 — positioning itself in the heart of the City's financial district. The team expanded from its two co-founders to include Alex Hagan (Director of partnerships), Jonathan "Planty" (senior market advisor with 30 years' experience), Gerard (Director of Education), and Danny (CMO with 13+ years in digital marketing).
A pivotal moment came in April 2023 when Alpha Capital acquired the intellectual property of Traders Central Fund Corp (TCF), a third-party intermediary providing global funding to traders. This acquisition expanded the firm's capabilities and trader base significantly. In November 2023, the firm launched ACG Markets — an in-house proprietary broker regulated by the Financial Services Authority of Seychelles — giving it control over trade execution rather than relying on third-party brokers.
By 2024, Alpha Capital had paid $60 million in performance fees and surpassed 250,000 registered traders. The firm expanded its product line with Alpha Futures (futures trading), Alpha Prime (live prop trading in London for elite traders), and the Alpha Trader platform with TradingView integration.
February 2024 brought a challenge when the firm suspended US services due to MetaQuotes regulatory tightening around prop trading platforms. Alpha Capital later returned to the US market through its Seychelles-regulated broker and alternative platforms (DXTrade and TradeLocker). The June 2024 mass ban incident, where approximately 150 traders were incorrectly flagged for group trading, tested the firm's reputation but was ultimately addressed with reinstatements.
Entering 2026, Alpha Capital Group has established itself as one of the UK's largest prop trading firms with over $70 million in total payouts, a 4.7 Trustpilot rating, and a community exceeding 300,000 across platforms. The company restructured its ownership in mid-2025, with Kohler Investment Group Ltd and AMGP Consulting Limited becoming the new persons with significant control, reflecting the business's maturation from startup to established financial services company.
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