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Prop Firm Evaluations

Trade with an Account Built Around You

Choose your Alpha Capital account, access competitive trading conditions, and trade across global markets with clear rules, flexible options, and no activation fees.

Start here:

Complete guide to prop firms (2026), covering evaluations, simulated funds, and performance splits before you choose a plan.

Promo codes:

Active Alpha Capital discount codes for evaluations, updated when new promotions run.

Before you buy:

prop firm red flags · choose by trading style · are prop firms legit?
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Compare firms:

Published side-by-side guides based on each firm's own rules: vs FTMO, vs FundedNext, and vs The5ers.

Shared Rules

Trading objectives and account rules may change. Always refer to the latest official Alpha Capital rules before purchasing or trading.

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Choose Your Evaluation

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Step 1
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Step 2
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Choose your Step

Choose your preferred evaluation programme and continue through the setup in a few simple steps.

Account Size

Pick the account balance you want to trade with based on your experience and risk preference.

Platform

Choose the trading platform you are most comfortable using for execution and analysis.
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Order Summary
Discount Code
Step
Step 1
Account
Alpha One
Size
$5,000
Platform
MT5
Total due
One-time payment
$0.00
Support
FAQs

Evaluation FAQs

Quick answers before you choose a plan. For live rule tables and edge cases, see our rules guide or the help centre.

How much does a prop firm evaluation cost at Alpha Capital?

Evaluation fees start from $50 on the smallest Alpha One tier and scale with simulated account size and programme. Alpha One, Alpha Pro, Alpha Swing, and Alpha Three-Step each have different price points from $5K to $200K simulated balances. The fee is the only capital at risk — trading uses simulated funds.

What are simulated funds in a prop firm evaluation?

Simulated funds are virtual capital in a demo trading environment. During an evaluation and on a qualified account, you trade against simulated balances — not your personal savings beyond the one-time evaluation fee. Performance fees paid to Qualified Analysts are real money based on eligible simulated results.

What is the performance split at Alpha Capital?

Qualified Analysts earn an 80% performance split as standard on eligible simulated profits, rising to 90% on Alpha Direct or with the optional 90% split add-on on eligible plans. We call this a performance fee; many traders call the same payment a payout.

What is the difference between Alpha One and Alpha Pro?

Alpha One is a one-step evaluation with trailing drawdown — the fastest path. Alpha Pro is two steps with static drawdown and three risk variants (6%, 8%, 10%) so you pick targets that match your strategy. Read our trading evaluation guide for detail.

Which evaluation programme should I choose?

Alpha One for speed and intraday strategies. Alpha Pro for static drawdown and a two-phase path. Alpha Swing if you hold overnight or through weekends. Alpha Three-Step for smaller per-phase targets across three steps.

Is ACG Markets regulated?

Yes. ACG Markets is an FSA-regulated brokerage.