Part of our country guides. Start with where Alpha Capital works, then compare the guides for Pakistan, India, Spain, and South Africa.
Quick answer: Australia is an eligible country on Alpha Capital. Traders can buy a forex and CFD evaluation, trade on a USD simulated account through MetaTrader 5, cTrader, DXtrade, or TradeLocker, and request performance fees in USD after qualifying. The practical questions are the USD account, the late New York cash open on Australia's east coast, and which plan permits the holds your strategy needs.
Australian traders comparing prop firms usually need three answers before they pay: is the country accepted, is the account balance in Australian dollars, and what time do London and New York actually open in Sydney or Perth? Alpha Capital accepts Australian traders. Its simulated account balances and performance fees are in USD. Session times depend on where you live and when each country changes clocks.
Note: Evaluations use simulated funds. Performance fees are performance-based and outcomes are not guaranteed. Confirm the live plan price and rules on the product page and in the help centre before you buy.
How Alpha Capital works from Australia
Alpha Capital Group is available in more than 150 countries, and Australia appears in its published Oceania country list. Sign up with your legal name, set Australia as your country of residence, and complete identity checks with a government photo ID and selfie when required. Use your real location so the verification matches your account.
- Choose Alpha One, Alpha Pro, or Alpha Swing for an evaluation, or Alpha Direct to start on a Qualified Account without an evaluation.
- Pick MetaTrader 5, cTrader, DXtrade, or TradeLocker.
- On One, Pro, or Swing, meet the profit target while staying inside the loss rules.
- Become a Qualified Analyst on a Qualified Account, then request eligible performance fees from the dashboard.
A “$100K account” is a $100,000 simulated account denominated in USD. It is not A$100,000 in an Australian bank account.
What Australian traders get
| Feature | How it works |
|---|---|
| Eligibility | Australia is eligible. Identity verification is required; the account name must match your ID. |
| Markets | Forex including EURUSD, metals including XAUUSD, oil, and index CFDs such as NAS100, US500, and GER30. |
| Platforms | MetaTrader 5, cTrader, DXtrade, and TradeLocker. |
| Plans | Alpha One (one step), Alpha Pro (two steps), Alpha Swing (two steps with swing rules), and Alpha Direct (no evaluation). |
| Performance split | 80% standard. An optional 90% add-on is available at purchase on Alpha One and on-demand Alpha Pro. Alpha Direct is 90% standard. |
| Request timing | Eligible requests are processed and paid within two business days, in USD. |
| Payment methods | Rise, Wise, or bank transfer (WIRE / ACH / SWIFT). Performance fees are denominated in USD, not AUD. |
London and New York on Australian clocks
Australia does not share one time zone. These examples are for late September 2026, while the United States and United Kingdom are on daylight time and Sydney and Melbourne are still on AEST. Sydney and Melbourne change to daylight saving on 4 October 2026; the UK and US change clocks later. Recheck the time for the date you intend to trade.
| Session | Sydney / Melbourne (AEST, UTC+10) | Perth (AWST, UTC+8) |
|---|---|---|
| London open, 8:00 a.m. UK time | 5:00 p.m. | 3:00 p.m. |
| New York cash open, 9:30 a.m. US Eastern | 11:30 p.m. | 9:30 p.m. |
The New York cash open falls late at night on Australia's east coast. Perth's evening start is earlier. If you cannot sit through the US open, consider whether a plan that permits overnight and weekend holds fits your strategy.
Gold and EURUSD also trade during the London afternoon, which falls in the Sydney evening and Perth afternoon. You do not have to trade the US open to have a market session.
Which plan fits your schedule?
- Alpha One: a single evaluation stage if you can trade London afternoon or a planned New York window.
- Alpha Pro: a two-step evaluation if you already know the daily loss limit your strategy can tolerate.
- Alpha Swing: a two-step evaluation designed for longer holds if your routine runs on Australian business hours.
- Alpha Direct: no evaluation stage, with its own published rules and a higher upfront fee.
Compare the stages in Alpha One vs Alpha Pro vs Alpha Swing. Check the loss limits in Alpha Capital rules explained.
USD fees, not AUD
Plan prices, drawdown limits, and performance fees are in USD. An Australian card payment may be converted at your bank's rate, and the bank may charge a conversion fee. Account for that before comparing plan costs. A performance fee received in USD is not an AUD salary; ask a qualified Australian tax professional how it applies to your circumstances.
Alpha Capital states that eligible performance fee requests are processed and paid within two business days. That is different from promising a same-day local bank transfer. Read what affects performance fee timing and the current payment methods.
Frequently asked questions
Does Alpha Capital work in Australia?
Yes. Australia appears on the published country list. Select Australia as your residence at signup and complete identity verification in your own name.
Can I use MT5 from Australia?
Yes. MetaTrader 5 is offered alongside cTrader, DXtrade, and TradeLocker. See the MT5 setup guide.
Is the account in Australian dollars?
No. Simulated account balances and performance fees are denominated in USD.
What time is the New York open in Sydney?
In late September 2026, the 9:30 a.m. US Eastern cash open is 11:30 p.m. in Sydney and Melbourne and 9:30 p.m. in Perth. Recheck after daylight saving changes in October and November.
Where is the full country list?
See where Alpha Capital works and the help centre's current restrictions.
Related reading
- Alpha One vs Alpha Pro vs Alpha Swing
- Alpha Capital rules explained
- Prop firms that allow swing trading
- MT5 on Alpha Capital
- Country availability
Start an Alpha Capital evaluation
Simulated evaluations, simulated funds. Performance fees are performance-based. Outcomes are not guaranteed. Confirm live rules before you buy. This is not tax or financial advice.
Author: Alpha Capital Research Team · Updated: September 29, 2026
