Alpha Direct is now live. Skip the evaluation.
Start on a Qualified Account from purchase with a 90% performance split and on-demand fee requests. Account sizes from $2,500 to $200,000 on simulated funds. Trading uses simulated funds only; performance fees on eligible profits are not guaranteed.
Why Traders Choose Alpha Capital
Advanced
Account Analysis
Real-time
Market Insights
100K+ Qualified Analysts
Wide Market Access
Global Access
in 140+ Countries
$100,000,000
Performance Fees
Choose Your Evaluation
Choose your Step
Account Type
Assessment Target & Limits
Account Size
Platform
Payment Method
1. Payout schedule
2. Performance fee split (add-on)
3. Swap Free (add-on)
Customer Information
Alpha Direct Account Features
A straightforward account structure designed for traders who want immediate access and clear performance requirements.
No Evaluation
Start Qualified from day one
No Profit Target
No target to hit first
90% Performance Split
90% of approved performance fees
On-Demand Requests
Request once eligible
3% Daily Drawdown
A 3% daily drawdown limit applies
5% Trailing Drawdown
5% trailing loss limit
1% Max Risk
1% max risk per asset
Up to $200K
Account sizes up to $200K
Trusted by Qualified Analysts
Alpha Direct FAQs
What is Alpha Direct?
Alpha Direct is an instant-access programme. You purchase a Qualified Account on simulated funds with no evaluation phase. Trading rules, drawdown limits, and performance fee eligibility apply from day one. Leverage is up to 1:30 on FX. You cannot open or close trades on listed instruments for 5 minutes before and 5 minutes after listed news events. Weekend holding is not allowed. Results are simulated and performance fees are not guaranteed.
Do I need to hit a profit target?
No. Alpha Direct has no profit target to qualify. You start on a Qualified Account after purchase. You must follow the published risk rules, including the 3% daily drawdown, 5% trailing drawdown, and 1% maximum risk per asset.
When can I request a performance fee?
Alpha Direct is on-demand only. You may request a performance fee after you have a 3% profit buffer above the starting balance, a further 1% of gross profits, and you meet the 15% Best Day Rule. There is no minimum trading-day count for on-demand requests. Requests are reviewed against simulated results. Approval is not guaranteed.
What is the maximum drawdown?
Alpha Direct applies a 3% daily drawdown (highest end-of-day balance or equity), a 5% trailing drawdown, and a 1% maximum risk per asset on open drawdown. Breaching any published risk rule can end the account. Limits are applied to simulated balances.
What is the 15% Best Day Rule?
Your largest profitable day cannot exceed 15% of your total simulated profit when requesting a performance fee. You also need at least a 3% profit buffer above your starting balance and a further 1% of gross profits. These eligibility checks apply before any fee is approved.
How much of my performance fee do I keep?
Qualified Analysts on Alpha Direct keep 90% of approved performance fees on eligible simulated profits. The remaining 10% is retained by Alpha Capital. Actual fees depend on meeting all eligibility and compliance requirements.
