Update (August 2026): Alpha Three is no longer available for new purchases. Alpha Capital's current evaluation line-up is Alpha One, Alpha Pro, Alpha Swing, and Alpha Direct (instant funding) — see the product page for live plans. Alpha Three sections below are kept for reference.
Which Alpha Capital evaluation should you choose?
If you searched AlphaOne, alphaone, or Alpha One, you are in the right place. This guide compares the four main Alpha Capital evaluation paths on the product page: Alpha One, Alpha Pro, Alpha Swing, and Alpha Three.
Quick answer:
- Alpha One (AlphaOne) is our 1-step evaluation family (One 6%, One 10%, One 12%), with trailing drawdown, 1 minimum trading day, and on-demand performance fees only.
- Alpha Pro is our 2-step path (Pro 6%, Pro 8%, Pro 10%) with up to 1:100 FX leverage, static drawdown, and a choice of bi-weekly or on-demand performance fees. Weekend holds are not allowed on the Qualified Account.
- Alpha Swing is a 2-step path built for longer holds: 10% static drawdown, weekend holds at every stage, relaxed news rules, and on-demand only.
- Alpha Three is our 3-step evaluation (8% / 4% / 4%) with 6% static drawdown, weekend holds allowed, and bi-weekly or on-demand at signup.
Maximum allocation across Alpha Capital plans (including Alpha Direct / Instant Funding) is $400,000 shared.
Related: Alpha Capital rules explained · Product page · What is a prop firm?
Last updated: August 2026
General information only, not financial advice. Simulated accounts and simulated funds only. Performance fees are performance-based. Outcomes are not guaranteed. Always confirm the live grid and rules on the product page before you buy.
Alpha Capital Group is a UK prop firm. We use evaluation for the assessment stage. Pass and you become a Qualified Trader on a Qualified Account. Eligible simulated profits can earn performance fees at a standard 80% performance split, or up to 90% with the optional 90% performance split add-on on eligible plans (or as standard on Alpha Direct).
Want Instant-Qualified access with no evaluation phase? See Instant Funding (Alpha Direct). Direct sits beside these four evaluation paths; it does not replace them.
Side-by-side overview
Alpha One | Alpha Pro | Alpha Swing | Alpha Three | |
|---|---|---|---|---|
Steps | 1 | 2 | 2 | 3 |
Variants | One 6% / 10% / 12% | Pro 6% / 8% / 10% | Single Swing path | Single Three path |
Phase targets | 6%, 10%, or 12% by variant | 6/6, 8/5, or 10/5% by variant | P1 10%, P2 5% | P1 8%, P2 4%, P3 4% |
Max drawdown | 4% / 6% / 8% trailing by variant | 6% / 8% / 10% static | 10% static | 6% static |
Max daily drawdown | See One table below | Pro 6%: 3% · Pro 8%: 4% · Pro 10%: 5% | 5% (balance-based) | 4% (higher of EOD balance or equity) |
Min trading days | 1 (evaluation) | 3 per phase | 3 per phase | 3 per phase |
Max FX leverage | 1:30 | 1:100 | 1:30 | 1:50 |
Weekend hold (Qualified) | Allowed | Not allowed | Allowed | Allowed |
Performance fee schedule | On-demand only | Bi-weekly or on-demand | On-demand only | Bi-weekly or on-demand |
Alpha One / AlphaOne (1-step evaluation)
Looking for AlphaOne or alphaone? Same product family: Alpha One, Alpha Capital’s 1-step evaluation.
Best fit if you want: one phase, one minimum trading day, trailing drawdown, weekend holds on the Qualified Account, and on-demand performance fees only.
Alpha One is no longer a single rule set. Help and the live product grid list three Alpha One variants:
Variant | Phase 1 target | Max drawdown (trailing) | Max daily drawdown | Min trading days |
|---|---|---|---|---|
One 6% | 6% | 4% trailing | 3% in evaluation · 4% on Qualified | 1 |
One 10% | 10% | 6% trailing | 4% | 1 |
One 12% | 12% | 8% trailing | 5% | 1 |
Shared Alpha One rules:
Rule | Detail |
|---|---|
Leverage | FX 1:30 · Metals 1:9 · Indices 1:10 · Oil 1:10 |
News window | 5 minutes before and after release (no new trade or close on the targeted instrument inside the window) |
Weekend hold — evaluation | Allowed |
Weekend hold — Qualified Account | Allowed |
Performance fees | On-demand only |
Account size range | One 6% and One 10% up to $200K · One 12% up to $100K |
90% performance split add-on | Available on all Alpha One plans at purchase |
Trailing drawdown example (One 10% on a $100K simulated account): initial floor $94,000. If balance reaches $102,000, the floor moves to $96,000. Once balance hits $106,000, the floor locks at $100,000 and does not trail further.
Important: If trailing max drawdown has locked at initial balance (profits equal your plan’s max drawdown %) and you request all eligible profits, the account closes after the performance fee is paid. If profits are still below that lock level, you can request all eligible profits and the trailing floor stays where it is (example on One 10%: $102K balance, $2K paid → you continue at $100K with a $96K floor).
Start Alpha One here: product page.
Alpha Pro (2-step evaluation, three variants)
Best fit if you want: the highest published FX leverage (1:100), static drawdown, and a choice of bi-weekly or on-demand performance fees at signup.
Variant | Phase 1 | Phase 2 | Max drawdown | Max daily loss |
|---|---|---|---|---|
Pro 6% | 6% | 6% | 6% static | 3% (higher of EOD balance or equity) |
Pro 8% | 8% | 5% | 8% static | 4% (balance-based) |
Pro 10% | 10% | 5% | 10% static | 5% (balance-based) |
Shared Alpha Pro rules:
- Minimum trading days: 3 per phase
- Leverage: FX 1:100 · Metals 1:30 · Indices 1:20 · Oil 1:10
- Weekend hold — Phase 1 / Phase 2: Allowed
- Weekend hold — Qualified Account: Not allowed
- News window (all Pro variants): 5 minutes before and after on the targeted instrument
- Performance fees: choose bi-weekly or on-demand at signup (methods are mutually exclusive)
- 90% performance split add-on: available on on-demand Alpha Pro at purchase
If you need weekend holds after you become qualified, pick Alpha One, Alpha Three, or Alpha Swing instead of Alpha Pro Qualified.
More on news and overnight behaviour: News trading and overnight rules.
Alpha Swing (2-step evaluation)
Best fit if you want: multi-day and weekend holds on the Qualified Account, a 10% static drawdown buffer, and Swing’s news rule.
Rule | Detail |
|---|---|
Phase 1 / Phase 2 targets | 10% / 5% |
Max drawdown | 10% static |
Max daily drawdown | 5% (balance-based) |
Minimum trading days | 3 per phase |
Leverage | FX 1:30 · Metals 1:9 · Indices 1:10 · Oil 1:10 |
News | If a trade is opened within 2 minutes before or after a release (4-minute window), duration must exceed 2 minutes |
Weekend hold — all stages | Allowed (evaluation + Qualified Account) |
Performance fees | On-demand only |
Other | Subject to our gambling policy and the Focused Trader Group rules for Swing |
→ Alpha Swing account explained
Alpha Three (3-step evaluation)
Best fit if you want: smaller per-phase targets across three phases, 6% static drawdown, weekend holds on the Qualified Account, and a choice of bi-weekly or on-demand performance fees.
Rule | Detail |
|---|---|
Phase targets | 8% · 4% · 4% |
Max drawdown | 6% static |
Max daily drawdown | 4% (higher of EOD balance or equity) |
Minimum trading days | 3 per phase |
Leverage | FX 1:50 · Metals 1:9 · Indices 1:10 · Oil 1:10 |
News window | 5 minutes before and after |
Weekend hold — all stages | Allowed |
Performance fees | Bi-weekly or on-demand (choice at signup) |
Max lot exposure (all evaluation plans)
Lot caps scale by simulated account size. Swing is tighter than One / Pro / Three. Example at $100K:
Plan | Max lots ($100K) |
|---|---|
Alpha One | 40 |
Alpha Pro | 40 |
Alpha Three | 40 |
Alpha Swing | 20 |
Full size ladder runs from $5K upward on each plan. Violations are assessed per position. A second violation can forfeit the performance fee and deactivate the Qualified Account.
Performance fees: 80% standard, up to 90%
On Qualified Accounts for these evaluation paths, the standard performance split is 80% of eligible simulated profits.
You can raise that to 90% with the optional 90% performance split add-on:
- Available on all Alpha One plans
- Available on on-demand Alpha Pro
- Selected at purchase only (cannot be added later)
- Priced at about 10% of the base plan price
Alpha Direct (Instant Funding) uses a 90% performance split as standard and is a separate Instant-Qualified path: Instant Funding (Alpha Direct).
Nothing here guarantees a pass or performance fees. Results depend on your trading and the live rules.
Decision guide (match rules to your style)
Your priority | Start here |
|---|---|
Fastest path (1 step, 1 min trading day) | Alpha One / AlphaOne (pick 6%, 10%, or 12%) |
Highest FX leverage + static drawdown | Alpha Pro (6% / 8% / 10%) |
Hold through weekends after qualification | Alpha One, Alpha Three, or Alpha Swing (not Alpha Pro Qualified) |
Swing / multi-day holds + on-demand only | Alpha Swing |
Lower per-phase targets, 3 steps | Alpha Three |
Bi-weekly performance fee schedule | Alpha Pro or Alpha Three (if chosen at signup) |
On-demand only at signup | Alpha One or Alpha Swing |
No evaluation phase (Instant-Qualified) | Alpha Direct / Instant Funding |
Shared limits (Alpha Capital plans)
- Maximum allocation: $400,000 shared across Pro, Swing, One, Three, and Direct
- Standard performance split: 80% on Qualified Accounts (unless you buy the 90% add-on or choose Direct)
- Daily risk limits and programme rules apply on every path
- 2-minute average trade duration and prohibited strategies apply across programmes
- Confirm current prices and sizes on the product page
What about Alpha Direct (Instant Funding)?
Alpha Direct is the Instant-Qualified path next to these four evaluations. You start on a Qualified Account without passing an evaluation first. It uses a 90% performance split as standard, on-demand performance fees under Direct rules, and counts toward the same $400,000 shared allocation.
Full explainer: Instant Funding Is Here (Alpha Direct).
Article FAQs
What is AlphaOne / alphaone / Alpha One?
AlphaOne, alphaone, and Alpha One are the same 1-step Alpha Capital evaluation family. Variants are One 6%, One 10%, and One 12%. See the Alpha One section above, then buy on the product page.
Alpha One vs Alpha Pro: which should I pick?
Choose Alpha One for one step, one minimum trading day, trailing drawdown, and weekend holds on the Qualified Account. Choose Alpha Pro for 1:100 FX leverage, static drawdown, and bi-weekly or on-demand fees, if you can trade without weekend holds after qualification.
Can I switch from Alpha Pro to Alpha Swing after purchase?
Programme choice is made at checkout. Confirm any upgrade or change options with support before you buy.
Does Alpha Pro allow weekend holds at all?
Yes on Phase 1 and Phase 2. No on the Qualified Account for Pro 6%, Pro 8%, and Pro 10%.
Which plan has the fewest trading days to pass?
Alpha One: 1 minimum trading day on the evaluation.
Which plans offer bi-weekly performance fees?
Bi-weekly is available on Alpha Pro and Alpha Three when you choose that method at signup. On-demand and bi-weekly cannot both apply to the same account. Alpha One and Alpha Swing are on-demand only.
Can I get a 90% performance split on Alpha One?
Yes, with the 90% performance split add-on on all Alpha One plans at purchase. Standard without the add-on is 80%. Alpha Direct includes 90% as standard.
Is Alpha Capital a UK prop firm?
Yes. Alpha Capital Group is a UK prop firm running simulated evaluations and Qualified Accounts. Platform availability for U.S. residents does not change that model. See platforms and country availability.
Related reading
- Alpha Capital product page (Alpha One, Pro, Swing, Three, Direct)
- Instant Funding (Alpha Direct)
- Alpha Capital rules explained
- How do prop firms work?
- Evaluation fee and refund policy
- Alpha Swing account explained
- News trading and overnight rules
- Homepage
Compare plans · Start an evaluation
Simulated evaluations and simulated funds only. Performance fees are performance-based. Outcomes are not guaranteed. Confirm live rules and prices on alphacapitalgroup.uk/product before purchase.
