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Alpha Capital Group Review
Alpha Capital Group is a UK prop trading firm that only offers simulated evaluations. The FCA has published an official warning that it may promote financial services without permission.
Min Deposit
N/A
Spreads From
Not applicable; all trading is simulated, not real market execution
Max Leverage
Up to 1:30 on some plans, set per evaluation plan, not real market leverage
Platforms
MetaTrader 5, cTrader
Pros
- UK registered company since November 2021, with a clear public FAQ on how it works
- Passing traders can earn up to 90 percent of simulated profits on some plans
- Choice of MetaTrader 5, cTrader, TradeLocker, and DX Trade platforms
- Related group company ACG Markets holds a real Seychelles FSA broker license
Cons
- FCA published an official warning in 2023 about unauthorised promotion of financial services
- Not a broker, by its own FAQ, so all trading happens in a simulated environment
- Traders report payouts denied over retroactive or disputed rule violations
- Support only runs Monday to Friday, not 24 hours a day
Alpha Capital Group Limited is a UK company, registered under number 13719951 since November 2021. By its own FAQ, it is not a broker. Traders pay once for an evaluation, then trade only simulated funds, never real money placed in the market.
In November 2023, the FCA published an official warning that Alpha Capital Group may be providing or promoting financial services without its permission, and told consumers to be careful. A related company in the same group, ACG Markets, does hold a real Seychelles FSA broker license, but that license covers ACG Markets, not Alpha Capital Group itself.
Traders choose from Direct, one step, or two step evaluation plans, with account sizes up to 200,000 dollars and a one time fee. Passing traders can earn up to 90 percent of simulated profits on some plans, using MetaTrader 5, cTrader, TradeLocker, or DX Trade. Support runs Monday to Friday, not around the clock.
Max Leverage
Up to 1:30 on some plans, set per evaluation plan, not real market leverage
Spreads From
Not applicable; all trading is simulated, not real market execution
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
