Alpha Capital

A balance-based daily loss: floating losses do not trip it

As the firm’s own rules explainer describes it (and as we encode it), Alpha Pro’s daily drawdown is measured from your balance at the daily reset, and the daily check looks at closed results: a position floating $5,500 against you mid-session does not by itself end the account on the daily rule, where an equity-based check at another firm would have. Worked example: from a $100,000 day-start balance the daily floor sits at $95,000; what matters is where you close, not where you traveled. Two honest caveats. First, the overall 10% floor still stands beneath everything: the daily rule being lenient does not make the account unbreakable. Second, whether the 5% allowance is computed on the day-start balance (as we encode) or on the initial balance is flagged in the dataset as needing first-party verification.

What the balance-vs-equity distinction is worth, and when it is not worth much

At the simulator’s trade-by-trade granularity, where each trade resolves at its close, Alpha Pro’s daily rule prices out almost identically to an equity-checked anchor rule with the same numbers: its simulated pass rates match FundingPips’ 2-Step Standard to the decimal. The difference lives inside the trading day, which the engine flags rather than models: a scale-in trader or a wide-stop trader who routinely floats large intraday losses will find equity-checked rules fail them on days balance-checked rules would not. If that describes you, the encoded numbers here understate the difference in your favor; if you flatten losers quickly, the two rule styles are equivalent for you.

The static floor, and the failure arithmetic

The maximum loss is 10% measured from the initial balance: a $90,000 floor that never moves, so profit banks as cushion. In the 10,000-path run of the developing archetype the account failed at the daily line 55.7% of the time and at the static floor 44.3%; per phase, that profile cleared the 8% step 71.2% of the time and the 5% step 77.3%, compounding to 55.0% per attempt. The $497 recorded fee does not refund, so the marginal trader’s expected cost across an average 1.82 attempts is $904.

Payouts, and the parts we flag instead of simulate

As encoded and last verified 2026-01-15: an 80% performance split with a biweekly cycle whose first payout comes roughly a week (about five trading days) into the funded account, or an on-demand option gated by a 40% best-day consistency condition, which the engine flags and does not simulate. In the 90-trading-day funded simulation under maximum withdrawals, 74.2% of developing-profile funded accounts collected at least one payout and 87.6% eventually breached; the consistent profile collected 98.0% of the time. The dataset also records a tighter Alpha Pro 8% variant (8% max, 4% daily). These numbers are for the 10% variant only. Pricing and rules change; the firm’s product pages are authoritative.

Copy Trading

Copy trading is permitted on Alpha Capital accounts with conditions:

• You must provide proof of ownership for the external Master account
• Only one Master account can be used at a time
• Copying trades from other groups or duplicating other traders' strategies is prohibited (considered Group Trading)

News Trading

News trading rules vary by account type:

• Alpha Swing: News trading is allowed without restrictions
• Alpha Pro (during Evaluation): News trading is NOT allowed
• Alpha One: News trading is NOT allowed
• Funded Accounts: Trading is restricted 2-5 minutes before and after high-impact news events (soft breach - profits excluded but account remains active)

Account Types

Alpha Capital offers multiple challenge types:

Alpha One (1-Step):

• Single evaluation phase
• Profit target: 10%
• Maximum drawdown: 6% (static)
• Daily drawdown: 4%

Alpha Pro (2-Step):

• Phase 1: Varies by challenge type
• Phase 2: Varies by challenge type
• Maximum drawdown: 10% (static)
• Daily drawdown: 5%

Alpha Swing (2-Step):

• Phase 1: 10% profit target
• Phase 2: 5% profit target
• Maximum drawdown: 10% (static)
• Daily drawdown: 5%

Alpha Three (3-Step):

• Phase 1: 8% profit target
• Phase 2: 4% profit target
• Phase 3: 4% profit target
• Maximum drawdown: 10% (static)

Complete all required phases to receive your funded account.

Profit Targets

Alpha Capital offers various challenge types with different profit targets:

1-Step Challenges (Alpha One):

• Profit target: 10% of initial account balance

2-Step Challenges (Alpha Pro, Alpha Swing):

• Phase 1: 10% (Alpha Swing) or varies by challenge type
• Phase 2: 5% (Alpha Swing) or varies by challenge type

3-Step Challenges (Alpha Three):

• Phase 1: 8%
• Phase 2: 4%
• Phase 3: 4%

Complete all required phases to receive your funded account.

Expert Advisors

The use of Expert Advisors (EAs) and automated trading systems is permitted on Alpha Capital accounts, provided they:

• Align with ethics and risk management
• Do not exploit system inefficiencies
• Are not used for high-frequency trading or arbitrage

Inactivity Rule

Alpha Capital has a 30-day inactivity rule:

• Accounts are permanently deactivated after 30 consecutive days of no visible activity (no executed trades or balance changes)
• Reactivation is not possible after deactivation

Make sure to place at least one trade every 30 days to keep your account active.

Consistency Rule

For on-demand payouts, Alpha Capital enforces a 40% Best Day Rule:

• Your most profitable trading day cannot account for more than 40% of your total profit balance
• This ensures consistent trading performance

This rule applies when requesting on-demand payouts.

Maximum Daily Loss

The maximum daily loss limit varies by account type:

• Alpha One: 4% of the initial account balance
• Alpha Pro: 5% of the initial account balance
• Alpha Swing: 5% of the initial account balance

This is calculated based on the highest equity of the day (balance/equity - highest at EOD).

Maximum Total Loss

The maximum total loss (drawdown) varies by account type:

• Alpha One: 6% static drawdown (measured from initial balance)
• Alpha Pro: 10% static drawdown (measured from initial balance)
• Alpha Swing: 10% static drawdown (measured from initial balance)
• Alpha Three: 10% static drawdown (measured from initial balance)

Minimum Trading Days

A minimum of 1 trading day is required for 1-step challenges, and 3 trading days for 3-step challenges. A trading day is defined as a day where at least one position is opened.

Prohibited Practices

Alpha Capital prohibits the following practices (hard breaches leading to immediate account cancellation):

• Arbitrage or latency exploitation (tick scalping)
• Using trading signals from third parties or copying other users
• Group trading or operating multiple accounts as a coordinated team
• High-frequency trading bots or API trading
• Executing trades via fund managers or external operators

Stop Loss Requirements

Stop losses are NOT required on Alpha Capital accounts. Traders have the freedom to manage their positions without mandatory stop loss orders.

Trade Duration Restrictions

Alpha Capital has trade duration restrictions:

• Average trade duration must exceed 2 minutes across all trades
• No more than 50% of total profits can come from trades shorter than 2 minutes

Violating this rule results in profits from violating trades being excluded from payouts.

Weekend and Overnight Holding

Weekend and overnight holding rules vary by account type:

• Alpha Swing, Alpha One, Alpha Three: Weekend holding is permitted at all stages
• Qualified Analyst Accounts: Weekend holding is NOT permitted (profits from held trades will be removed)
• Overnight holding is generally permitted, subject to swap fees

Fee Refund

The evaluation fee is NOT refundable with Alpha Capital.

Profit Split

Alpha Capital traders receive 80% of profits generated on their funded accounts.

Payout Frequency

Alpha Capital offers flexible payout options:

• On-Demand Payouts: Available after having at least 2% of gross profits in the account balance (subject to 40% Best Day Rule)
• Bi-Weekly Payouts: Every 14 days (standard schedule)
• Minimum Withdrawal: $100 in gross profits

All positions must be closed when requesting a payout.

Payout Processing

Performance fee requests are reviewed and paid within two business days. Payouts are processed via:

• Rise (e-wallet)
• Wise (bank transfer)
• Traditional bank transfers (WIRE, ACH, or SWIFT)
• Cryptocurrency (via Rise, not directly supported)