Alpha Capital Group is launching Alpha Prime, a trading program that offers selected traders access to a professional London trading floor, marking a return to the traditional proprietary trading model. The Alpha Capital trading program aims to provide traders with a structured, professional environment, moving away from the widely used “challenge” format in prop trading.
This initiative shifts away from the recent dominance of the “challenge” format in prop trading, which has been primarily based on demo accounts and simulated market environments. Instead, the Alpha Capital trading program provides traders with live market exposure, professional support, and a structured trading ecosystem.
Alpha Capital’s Professional Trading Program
The program is led by a trading veteran with over 30 years of experience, who has managed global trading desks at major financial institutions. The goal is to restore the original proprietary trading model that prevailed before the rise of retail-focused, remote trading firms.
“For the first time, the top traders from Alpha Capital & Alpha Futures will get the chance to trade on a live professional floor in London,” the company stated.
Alpha Capital Group reported that in 2024, it paid out $60 million to its traders, and it is on track to reach $100 million in Q1 2025 since its inception. This reinforces the credibility of the Alpha Capital trading program as an opportunity for serious traders.
How Alpha Prime Works
The Alpha Capital trading program offers additional support, including a monthly base salary and funded trading accounts for selected traders. Participants will have access to multiple financial instruments, such as:
- Futures
- Foreign Exchange (FX)
- Bonds
- Commodities
Traders will benefit from risk management training, strategy sessions, and continuous mentorship, emphasizing consistency over absolute returns. The firm states that traders with a proven edge will be eligible for selection, regardless of their profit levels.
“It will be accessible to all consistent traders with a proven edge,” the company added. “Whether you make 50K or 3K—it’s not just about profit, but how consistent your edge is.”
Platform Expansion and Challenges
In January, Alpha Futures announced plans to expand its trading ecosystem, integrating platforms such as TradingView, Tradovate, and NinjaTrader into its existing infrastructure.
However, the firm has faced challenges, including account restrictions for approximately 150 users due to suspected policy violations related to “group trading” and “account management practices.” Additionally, last year, the company dealt with regulatory setbacks linked to MetaQuotes’ compliance measures, leading to a temporary suspension of its U.S. services. By May, it had recovered, planning to launch futures trading and a regulated brokerage platform in Seychelles by June.
With Alpha Prime, the Alpha Capital trading program is positioning itself at the forefront of a potential shift back to professional, in-person proprietary trading, signaling an evolution in the modern prop trading industry.