Based on checking the website, Alpicap.com is a proprietary trading firm that offers funded accounts to traders who successfully pass their evaluation challenges.

The platform aims to provide capital to skilled traders, allowing them to trade various financial instruments without risking their own personal funds, with a focus on a “Swiss tradition of trustworthy trading.” This review will delve into the specifics of Alpicap’s offerings, challenges, profit-sharing models, and overall transparency to help potential traders determine if this platform aligns with their trading goals and risk tolerance.

We’ll break down the mechanisms, assess their claims, and provide a comprehensive overview of what you can expect from Alpicap.

Alpicap positions itself as more than just a prop firm.

It claims to be a “community of passionate traders.” They emphasize equipping traders with the necessary tools, support, and freedom to achieve their financial objectives.

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The core of their service revolves around funding traders, which means if you prove your trading prowess through their evaluation phases, they provide you with capital to trade, and you earn a percentage of the profits you generate.

This model is highly appealing to those who possess trading skills but lack the substantial capital required to generate significant income.

The allure lies in the potential for substantial earnings without the personal capital risk that often accompanies high-leverage trading.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

Understanding the Alpicap Model: How Prop Firms Work

Proprietary trading firms like Alpicap operate on a simple, yet powerful, premise: they identify talented traders and provide them with capital to trade financial markets.

In return, the firm takes a percentage of the profits generated. This is a win-win scenario, theoretically.

The trader gets access to significant capital and doesn’t risk their own funds, while the firm leverages the trader’s skills to generate revenue. However, accessing this capital isn’t a handout.

It requires passing rigorous evaluation processes designed to filter out inconsistent or high-risk traders.

The Core Concept of Prop Trading

Prop trading is fundamentally about risk management and capital allocation. Firms manage large pools of capital and seek to deploy it efficiently through skilled traders. Think of it like a venture capital firm, but instead of investing in startups, they’re investing in human capital – your trading abilities. The firm benefits from successful trades, while mitigating their overall risk by diversifying across multiple traders and implementing strict risk parameters. Homefieldgrange.co.uk Reviews

Benefits for Traders

Access to significant capital: This is the primary draw. Many aspiring traders have excellent strategies but limited personal funds. Alpicap offers account sizes ranging from $2,500 up to $200,000 for their two-step assessment, and up to $100,000 for their one-step assessment.
No personal capital risk: Once funded, any losses incurred are absorbed by the firm, not your personal savings. This removes a huge psychological barrier for many traders.
Professional infrastructure: Firms often provide advanced trading platforms, data feeds, and sometimes even educational resources or mentorship, though Alpicap specifically highlights “Cutting-Edge Trading Platform” and “24/7 Dedicated Support.”
Performance-based payouts: Your earnings are directly tied to your success, with Alpicap offering “up to 90%” profit share, and a standard 80% for funded traders, which is quite competitive in the industry.

The Catch: Evaluation Challenges

Before you get your hands on firm capital, you must prove your worth. This is where the challenges come in. These evaluations are designed to test your consistency, discipline, and ability to adhere to risk management rules. Failing to meet the profit targets or exceeding the loss limits means you don’t get funded, and you typically lose the fee paid for the challenge. This is where a significant portion of the firm’s revenue often comes from, as many traders fail the evaluations. For instance, industry data suggests that only 10-20% of traders successfully pass prop firm evaluations. This highlights the difficulty and the stringent requirements.

Alpicap’s Challenge Models: Two-Step vs. One-Step Assessment

Alpicap offers two distinct pathways to becoming a funded trader: the Two-Step Assessment and the One-Step Assessment. Each model has its own set of rules, profit targets, and fees, designed to cater to different trading styles and risk appetites. Understanding these differences is crucial for choosing the right challenge for your approach.

The Two-Step Assessment

This is the more common model in the prop firm industry.

It involves two distinct phases, each with its own profit target and drawdown limits.

Phase 1: The Consistency Test

Profit Target: Alpicap sets a 10% profit target for Phase 1 across all account sizes. For example, on a $100,000 account, you need to make $10,000 in profit.
Max Daily Loss: This is a crucial risk management parameter. Alpicap enforces a 5% max daily loss. If your account equity or balance drops by more than 5% of the initial balance in a single trading day, you fail the challenge. On a $100,000 account, this means a $5,000 daily loss limit.
Max Total Loss Overall Drawdown: This limit is designed to prevent significant capital erosion over the entire challenge. Alpicap has an Up To 12% max total loss. If your account drops by more than 12% from the initial balance at any point, you fail. For a $100,000 account, this is a $12,000 maximum loss.
Minimum Trading Days: You need to trade for at least 5 days in Phase 1. This prevents traders from getting lucky with one large trade and ensures some level of consistency.
Trading Leverage: Alpicap offers a 1:100 leverage for the two-step assessment. This allows traders to control larger positions with relatively smaller capital, but also amplifies both profits and losses.
Fees: Fees vary by account size, ranging from $25 for a $2.5k account to $977 for a $200k account. These fees are non-refundable if you fail.

Phase 2: The Verification Stage

Profit Target: The target is reduced to 5% for Phase 2. For a $100,000 account, this means needing to make $5,000 in profit.
Max Daily Loss: Remains 5%.
Max Total Loss: Remains 12%.
Minimum Trading Days: Again, 5 minimum trading days.
Trading Leverage: Remains 1:100.

Successful completion of both phases leads to a funded account. Buy.fans Reviews

The two-step model is favored by firms because it provides a more comprehensive assessment of a trader’s ability to consistently generate profits while managing risk over a longer period.

The One-Step Assessment

This model is designed for traders who prefer a faster evaluation process, condensing the requirements into a single phase.

Profit Target: A 10% profit target in a single phase. This is the same target as Phase 1 of the two-step, but it’s the only target you need to hit.
Max Daily Loss: Slightly tighter at 4%. For a $100,000 account, this means a $4,000 daily loss limit. This requires stricter daily risk management.
Max Total Loss: Tighter as well, at 6%. For a $100,000 account, this is a $6,000 maximum loss. This significantly reduces the room for error compared to the two-step model.
Minimum Trading Days: 5 minimum trading days.
Trading Leverage: Reduced to 1:50. This means less amplification of both gains and losses compared to the two-step.
Trading Period: Unlimited. This is a key advantage, as it removes the time pressure often found in two-step challenges that have time limits.
Fees: Fees for the one-step assessment range from $39 for a $2.5k account to $599 for a $100k account. Generally lower than the two-step for comparable account sizes.

Who is it for?

The one-step assessment is often appealing to experienced traders who are confident in their ability to hit a single profit target quickly and manage tighter drawdowns. The unlimited trading period is a significant benefit, removing the pressure of hitting targets within a strict timeframe. However, the tighter drawdown limits mean less room for error. A single significant loss can end the challenge.

Comparative Glance:

Feature	Two-Step Assessment	One-Step Assessment
Phases	2 Phase 1 & Phase 2	1
Total Profit Target	15% 10% + 5%	10%
Max Daily Loss	5%	4%
Max Total Loss	Up To 12%	6%
Leverage	1:100	1:50
Trading Period	Implicitly time-bound by firm rules	Unlimited
Fees for $100k	$499	$349

Choosing between the two depends on your trading style, risk tolerance, and confidence. Inshur.com Reviews

If you prefer more buffer for drawdowns and are comfortable with a two-phase process, the two-step might be suitable.

If you’re a disciplined trader with a tight risk management plan and prefer a quicker path with an unlimited time frame, the one-step could be a better fit, despite the tighter drawdown limits.

Profit Sharing and Payout System: Rewarding Success

One of the most attractive aspects of proprietary trading is the profit-sharing model.

Once a trader becomes funded, they are entitled to a significant portion of the profits they generate.

Alpicap emphasizes a “Transparent and Rewarding Payout System,” which is a critical factor for any trader considering a prop firm. Myfabulosa.co.uk Reviews

Alpicap’s Profit Split

Alpicap states they offer a competitive 80% profit split for all their funded traders, with the possibility of “up to 90%” profit share mentioned under challenge details. The standard 80% is considered very good in the industry. many firms offer 70% or 75%. A higher profit split means more earnings for the trader, which is a significant incentive. For example, if a funded trader generates $10,000 in profit on their funded account, they would receive $8,000, and Alpicap would retain $2,000.

Payout Frequency and Process

Alpicap states, “As a live funded trader, you can process your payout anytime after your first 30 days.” This indicates that there’s an initial waiting period of 30 days from when you become funded before you can request your first payout.

After this initial period, the flexibility to request payouts “anytime” is a positive feature, as some firms have fixed payout cycles e.g., bi-weekly or monthly.

The process is stated to be “easily through your dashboard,” which suggests a streamlined, user-friendly approach for requesting funds.

This is important for liquidity and access to your earnings. Wegottickets.com Reviews

Importance of Clear Payout Rules

Clarity around payout rules is paramount. Traders need to understand:

Minimum Payout Thresholds: While not explicitly detailed on the homepage, prop firms often have a minimum amount of profit that must be accumulated before a payout can be requested e.g., $100 or $500.
Payout Methods: How will the money be transferred? Common methods include bank wire transfers, cryptocurrencies, or third-party payment processors. While not specified, these details are usually found in the FAQ or terms and conditions.
Fees Associated with Payouts: Some firms charge withdrawal fees. It’s crucial to confirm if Alpicap has any such fees.
Consistency Clause: Some firms require traders to maintain certain performance metrics even after being funded to qualify for payouts. Alpicap’s “anytime after your first 30 days” suggests a more flexible approach, but detailed terms should always be reviewed.

A good payout system is not just about the percentage. it’s about reliability, speed, and transparency. Traders rely on these payouts for their income, so any ambiguity or delay can be a significant point of frustration. The 80% profit split is a strong selling point for Alpicap, positioning them competitively in terms of potential earnings.

Platform and Support: Tools for Success

Beyond the challenge structure and profit split, the quality of the trading platform and the responsiveness of customer support are critical components of a successful prop firm experience.

These elements directly impact a trader’s ability to execute trades efficiently and resolve any issues that may arise.

Cutting-Edge Trading Platform: Eightcap Integration

Alpicap explicitly mentions leveraging Eightcap’s renowned trading platform. Eightcap is a well-known and regulated forex and CFD broker, offering access to popular trading platforms like MetaTrader 4 MT4 and MetaTrader 5 MT5, and potentially their own proprietary platform. Asdatyres.co.uk Reviews

Key Features of a Reputable Trading Platform like Eightcap’s:

User-Friendly Interface: Essential for seamless navigation, order entry, and chart analysis.
Real-Time Data Analysis: Accurate, up-to-the-second market data is non-negotiable for making informed trading decisions. Delays can lead to significant losses.
Advanced Features: This typically includes:
- Multiple Order Types: Market, limit, stop, OCO One Cancels the Other orders.
- Charting Tools: Customizable charts, technical indicators, drawing tools.
- Automated Trading Capabilities: Support for Expert Advisors EAs or trading bots, which is crucial for many systematic traders.
- Risk Management Tools: Features like stop-loss and take-profit orders integrated into the platform.
Reliability and Stability: The platform must be robust enough to handle high trading volumes without crashing or experiencing significant latency, especially during volatile market conditions.

The integration with a reputable third-party broker like Eightcap can lend credibility to Alpicap, as it suggests they are using established technology rather than an untested proprietary solution.

Traders familiar with MT4/MT5 will find the transition straightforward, which is a major benefit.

24/7 Dedicated Support

Alpicap highlights “24/7 Dedicated Support,” stating, “Our dedicated support team is available 24/7 to answer your questions, provide guidance, and help you navigate the markets.”

Importance of Robust Customer Support:

Issue Resolution: Trading involves technical glitches, platform issues, and account inquiries. Round-the-clock support means problems can be addressed quickly, minimizing downtime for the trader.
Guidance for Newbies: For traders new to prop firm challenges or even specific trading platforms, readily available support can be invaluable.
Emergency Situations: In highly volatile markets, immediate support might be needed for critical issues like incorrect order execution or platform freezing.
Trust and Reliability: Responsive and knowledgeable support builds trust between the trader and the firm. Lack of support can be a major red flag for a scam.

While 24/7 availability is excellent, the quality of support is equally important. Traders often look for:

Multiple Communication Channels: Email, live chat, phone support.
Knowledgeable Staff: Agents who understand trading and the firm’s rules.
Fast Response Times: Especially for live chat or phone.

Alpicap’s commitment to 24/7 support is a strong positive, especially for traders operating in different time zones or those who trade during unconventional hours. Ukaspirevendor.co.uk Reviews

This level of accessibility suggests a commitment to trader success and operational reliability.

Alpicap’s Affiliate Program: An Additional Income Stream

Beyond direct trading opportunities, Alpicap offers an Exclusive Affiliate Program. This program provides an alternative or supplementary income stream for individuals who can refer skilled traders to the platform. For those with a network in the trading community or a significant online presence, this could be a lucrative opportunity.

How the Affiliate Program Works

The fundamental principle of an affiliate program is simple: you promote a product or service, and for every successful referral in this case, a trader who signs up and potentially takes a challenge, you earn a commission.

Alpicap states, “Earn generous commissions and be part of a revolution that rewards your efforts as you help others discover the path to profitable trading.

Our innovative affiliate portal makes it easy to track your referrals and commissions.” Zoofy.nl Reviews

Key Aspects and Considerations:

Commission Structure: While “generous commissions” are mentioned, the specific percentage or flat fee per referral isn’t detailed on the homepage. This is a critical piece of information for potential affiliates. Typically, prop firm affiliate programs offer a percentage of the challenge fee paid by the referred trader. For example, some firms offer 10-20% of the initial challenge fee.
Tracking and Reporting: The mention of an “innovative affiliate portal” for tracking referrals and commissions is a good sign. A robust dashboard allows affiliates to monitor their performance, understand their earnings, and optimize their promotional efforts. Key metrics usually include:
- Number of clicks on referral links.
- Number of sign-ups.
- Number of challenge purchases.
- Total commissions earned.
Payouts for Affiliates: Similar to trader payouts, affiliates need to understand the frequency and methods for receiving their commissions. Are there minimum thresholds? What are the payment options?
Marketing Resources: Reputable affiliate programs often provide marketing materials such as banners, unique tracking links, and content suggestions to help affiliates promote effectively.

Who Benefits from an Affiliate Program?

Trading Educators: Individuals or companies who teach trading can refer their students to Alpicap’s challenges.
Trading Community Leaders: Those who run forums, Discord servers, or social media groups focused on trading.
Content Creators: Bloggers, YouTubers, podcasters who review prop firms or provide trading insights.
Networkers: Anyone with a broad network of aspiring or experienced traders.

Ethical Considerations for Affiliates:

It’s crucial for affiliates to promote responsibly.

Given the inherent risks and challenges of prop firm evaluations as discussed, a significant percentage of traders fail, affiliates should:

Be Transparent: Clearly disclose their affiliate relationship.
Provide Balanced Information: Highlight both the opportunities and the risks involved in prop firm challenges.
Avoid Misleading Claims: Do not guarantee success or overstate the ease of passing evaluations.

For Alpicap, an affiliate program is a powerful marketing tool, leveraging word-of-mouth and influencer marketing to expand their user base.

For individuals, it presents an opportunity to monetize their network within the trading space without actively trading themselves. Fabricwholesaledepot.com Reviews

Price Comparison: Alpicap Against Competitors

Alpicap directly addresses competitiveness by providing a comparison chart against several other well-known prop firms.

This transparency, allowing potential traders to see how Alpicap stacks up, is a positive indicator.

However, it’s essential to critically evaluate such comparisons, as firms naturally highlight areas where they excel.

Alpicap compares its 100K account offering $499 against:

Goat Funded Trader $549 for 100K
E8 Markets $706 for 100K
Funded Next $561 for 100K

Let’s break down the key comparison points provided by Alpicap for a $100,000 account Two-Step Assessment implicitly, given the “2 Phase” evaluation type, using Alpicap’s own data: Rowenhomes.co.uk Reviews

Indicator	Alpicap 100K	Goat Funded Trader 100K	E8 Markets 100K	Funded Next 100K
Price USD	$499	$549	$706	$561
Maximum Drawdown	Up to 12% Total	5% Daily \| 10% Total	5% Daily \| 10% Total	5% Daily \| 10% Total
Payout Split	Up to 90% Advertised / 80% Standard	80%	80%	80%
Min Trading Days	0 implies this refers to funded stage, not evaluation	0 implies this refers to funded stage, not evaluation	5	0 implies this refers to funded stage, not evaluation
Evaluation	2 Phase	2 Phase	2 Phase	2 Phase
Targets	8% Phase 1 \| 5% Phase 2	10% Phase 1 \| 5% Phase 2	10% Phase 1 \| 5% Phase 2	10% Phase 1 \| 5% Phase 2
Hold Trade On Weekends	Yes	Yes	Yes	Yes
Payout Frequency	14 Days	30 Days	30 Days	14 Days

Alpicap’s Stated Advantages:

Lower Price: At $499 for a $100K account, Alpicap positions itself as more affordable than its listed competitors.
Higher Maximum Drawdown: Alpicap states “Up to 12%” total drawdown, while competitors are listed with “10% Total.” This extra 2% buffer can be significant, offering more room for trades to move against you before hitting a total loss.
Lower Profit Target Phase 1: Alpicap’s 8% Phase 1 target is lower than the 10% required by Goat Funded Trader, E8 Markets, and Funded Next. A lower target can make the initial evaluation phase easier to pass.
Faster Payout Frequency: Alpicap lists 14 days for payout frequency, compared to 30 days for Goat Funded Trader and E8 Markets, and matches Funded Next. Quicker access to profits is always desirable.

Points for Deeper Scrutiny:

Minimum Trading Days: Alpicap, Goat Funded Trader, and Funded Next list “0” minimum trading days in their comparison table. This contradicts the “5 Days” minimum trading days stated for their own challenge details earlier on the homepage. This discrepancy needs clarification. Typically, minimum trading days apply to the evaluation phase to ensure consistency, not the funded phase. If it indeed means zero minimum days during evaluation, it’s a significant flexibility advantage. However, the stated challenge details say 5 days minimum. This suggests the comparison table might be referring to something else, or there’s a misunderstanding. It’s crucial to verify actual minimum trading days for the evaluation phases.
Maximum Drawdown Nuances: While Alpicap states “Up to 12%,” it’s important to understand how this drawdown is calculated e.g., relative to initial balance, or trailing drawdown. The competitors specify “5% Daily | 10% Total,” which is a common and stringent measure. Alpicap’s daily drawdown for the two-step is 5%, similar to competitors, but the total drawdown of 12% is indeed more generous.
Profit Split “Up to 90%”: While advertised, the standard payout is 80%. This “up to” figure usually means it’s for exceptional, long-term profitable traders who meet specific criteria. The consistent 80% is what most funded traders will experience.

Conclusion on Comparison:

Based on Alpicap’s own presented data, they appear to offer a compelling package, particularly regarding lower fees, a more forgiving total drawdown, and a slightly lower Phase 1 profit target. The faster payout frequency 14 days is also a strong competitive point. However, the inconsistency regarding “Minimum Trading Days” in their comparison versus their challenge details warrants further investigation. Always consult the firm’s official terms and conditions for the most accurate and up-to-date information.

Red Flags and Areas for Due Diligence

While Alpicap presents itself as a legitimate prop firm with competitive offerings, it’s crucial for any potential trader to conduct thorough due diligence.

The online trading world, especially in the prop firm space, can be rife with scams or firms that make it exceedingly difficult to succeed or withdraw profits.

Here are some red flags and areas where you should dig deeper before committing your funds. Onemanshobby.com Reviews

1. Discrepancies in Stated Rules

As highlighted in the price comparison section, there’s a notable discrepancy between the “Minimum Trading Days” stated for their own challenges 5 days and the “0” days listed in their competitor comparison table. Such inconsistencies, even if minor, can indicate:

Outdated Information: The website might not be perfectly updated.
Lack of Attention to Detail: Suggests carelessness in presenting crucial information.
Intentional Ambiguity: Designed to make their offering seem more appealing than it truly is.

Action: Always cross-reference information on different parts of the website, their FAQ, and their official terms and conditions. If possible, contact their support to clarify such points.

2. Lack of Transparency on Payouts and Fees

While Alpicap mentions “easy payouts through your dashboard” and an 80% profit split, critical details are missing:

Minimum Payout Threshold: Is there a minimum amount of profit you need to accumulate before you can withdraw?
Payout Methods: What are the actual withdrawal options bank wire, crypto, etc.?
Withdrawal Fees: Are there any fees associated with withdrawing your profits?
Payout Proof: Does the firm publicly share payout proofs or success stories with verifiable details? While individual success stories are great, sometimes firms can fabricate these.

Action: Check their FAQ section thoroughly. If not there, directly ask customer support about these specific details. Look for independent reviews where traders discuss their payout experiences.

3. Limited Public Information and History

The website offers basic information about their “Swiss tradition of trustworthy trading” but lacks deeper details about the company’s background, founding team, or specific regulatory information if any. Squishysquashyslimes.com Reviews

Who is behind Alpicap? Transparency about leadership can build trust.
Company Registration: Where is the company officially registered?
Years in Operation: How long has Alpicap been actively operating and funding traders? Newer firms may lack a long track record of consistent payouts.

Action: Search for their company registration details. Look for independent reviews on platforms like Trustpilot which they link to or FPA Forex Peace Army to gauge community sentiment and longevity. A general Trustpilot score is good, but look into individual reviews and firm responses.

4. Overly Aggressive Marketing or Guarantees Though not heavily present here

While Alpicap’s homepage doesn’t make outlandish claims of guaranteed wealth, it’s worth noting for any prop firm:

Beware of “Too Good to Be True” Promises: If a firm implies that passing is easy or guarantees massive returns without effort, it’s a major red flag.
Lack of Risk Disclosure: Prop trading involves significant risk. A reputable firm will clearly state the risks involved. Alpicap does mention “Max Daily Loss” and “Max Total Loss” which are crucial risk parameters, which is good.

Action: Critically evaluate all marketing claims. Understand that trading is inherently risky, and prop firm challenges are designed to be difficult.

5. Terms and Conditions T&Cs – The Small Print

The most important due diligence step is to read the entire Terms and Conditions document before signing up. This is where firms often hide crucial clauses. Look for:

Inactivity Fees: Do they charge fees if your funded account is inactive?
Rules for News Trading, HFT, or Specific Strategies: Are there any restrictions on trading styles? Some firms prohibit high-frequency trading HFT, tick scalping, or trading during major news events.
IP Address Restrictions: Some firms restrict traders from using VPNs or multiple IP addresses, which can lead to account termination.
Scaling Plan Details: While they offer various account sizes, the details of their scaling plan how you get access to larger capital are usually in the T&Cs.
Dispute Resolution: How are disputes handled?

Action: Do not skip reading the T&Cs. If anything is unclear, ask support for clarification. Globalflightcatchers.co.uk Reviews

By meticulously examining these areas, potential traders can make a more informed decision about whether Alpicap.com is a suitable and trustworthy platform for their trading ambitions. Trust but verify.

Final Verdict and Recommendations for Aspiring Traders

Alpicap.com positions itself as a competitive proprietary trading firm with a strong emphasis on empowering skilled traders through funded accounts.

Based on the information presented on their homepage, they offer compelling features such as a competitive 80% profit split, two distinct challenge models Two-Step and One-Step Assessment, and integration with a reputable trading platform like Eightcap.

Their stated lower fees and more generous total drawdown limits for certain account sizes, when compared to competitors, are attractive selling points.

The 24/7 support and affiliate program further enhance their appeal. Simcardchina.com Reviews

However, as with any online financial service, especially in the prop trading space, due diligence is paramount. The slight discrepancy regarding “Minimum Trading Days” in their comparison table versus their challenge details serves as a reminder to always verify information. Comprehensive transparency regarding payout methods, associated fees, and the specific history of the company would further solidify trust.

Recommendations for Aspiring Traders:

Read the Fine Print Seriously!: Before committing any money, download and thoroughly read Alpicap’s complete Terms and Conditions. This document will contain the definitive rules regarding risk parameters, payout policies, prohibited trading strategies, inactivity clauses, and dispute resolution. Do not rely solely on homepage marketing claims.
Understand the Risk: Prop firm challenges are designed to be difficult. The fees you pay for challenges are generally non-refundable if you fail. A significant portion of traders do not pass these evaluations. Understand that you are paying for an opportunity, not a guarantee of funding or profit.
Assess Your Trading Style:
- If you’re disciplined and can manage tighter drawdowns for a faster path, the One-Step Assessment might appeal, especially with its unlimited trading period.
- If you prefer more buffer for daily and total drawdowns and are comfortable with a two-phase process, the Two-Step Assessment could be more suitable.
Practice Risk Management Religiously: No matter which challenge you choose, strict risk management is crucial. The daily and total drawdown limits are non-negotiable. One significant breach can lead to failure.
Utilize Demos First: If possible, practice your strategy on a demo account with similar parameters to Alpicap’s challenges before investing in a real challenge. This helps you get accustomed to the rules without financial risk.
Seek Independent Reviews: While Alpicap links to Trustpilot, look for broader reviews and discussions on reputable trading forums like Forex Peace Army, although be cautious of overly positive or negative unverified claims to get a more balanced perspective from actual users about their experiences, especially concerning payouts and support responsiveness.
Start Small: If you’re new to prop firms or Alpicap, consider starting with a smaller account size challenge to test the waters, understand their specific rules in practice, and get a feel for their platform and support without a large upfront investment.

Alpicap appears to be a legitimate contender in the prop firm space, offering a viable pathway for skilled traders to access significant capital.

However, success hinges entirely on the trader’s ability to consistently adhere to strict trading rules and risk management parameters.

Approach with a clear understanding of the challenges, the risks involved, and a commitment to disciplined trading.

Frequently Asked Questions

What is Alpicap.com?

Alpicap.com is a proprietary trading firm that offers funded trading accounts to individuals who successfully pass their evaluation challenges. Faunasports.uk Reviews

They provide capital for traders to trade various financial instruments, and in return, share a percentage of the profits generated.

How does Alpicap’s funding model work?

Alpicap provides capital to traders who demonstrate consistent profitability and adherence to risk management rules during their evaluation challenges.

Once funded, traders manage the firm’s capital and earn a profit share, without risking their own personal funds.

What are the different types of challenges offered by Alpicap?

Alpicap offers two main challenge models: the Two-Step Assessment requiring 10% profit in Phase 1 and 5% in Phase 2 and the One-Step Assessment requiring 10% profit in a single phase with tighter drawdown limits.

What is the profit split offered by Alpicap?

Alpicap offers a competitive 80% profit split for all funded traders, with the possibility of earning “up to 90%” based on performance and specific criteria typically found in their scaling plan.

How much does it cost to join an Alpicap challenge?

The fees vary depending on the account size and the challenge type.

For example, a $100,000 Two-Step Assessment costs $499, while a $100,000 One-Step Assessment costs $349. These fees are typically non-refundable.

What are the maximum daily loss and total loss limits?

For the Two-Step Assessment, the maximum daily loss is 5%, and the maximum total loss is Up To 12%. For the One-Step Assessment, the maximum daily loss is 4%, and the maximum total loss is 6%.

What is the minimum trading days requirement?

Alpicap states a minimum of 5 trading days for both phases of the Two-Step Assessment and for the One-Step Assessment. This ensures some level of consistency in trading.

What trading platforms does Alpicap use?

Alpicap states they leverage Eightcap’s renowned trading platform, which typically includes access to industry-standard platforms like MetaTrader 4 MT4 and MetaTrader 5 MT5.

Can I hold trades over the weekend with Alpicap?

Yes, according to their comparison chart, Alpicap allows traders to hold trades over the weekend.

How often can I request a payout from Alpicap?

As a live funded trader, you can process your first payout anytime after your first 30 days of being funded.

Details on subsequent payout frequency are typically outlined in their full terms.

Is Alpicap suitable for beginners?

While Alpicap provides capital, prop firm challenges are generally rigorous and require a solid understanding of trading and risk management.

Beginners should gain significant experience on demo accounts first before attempting these challenges.

Does Alpicap offer an affiliate program?

Yes, Alpicap offers an exclusive affiliate program, allowing individuals to earn commissions by referring skilled traders to their platform.

Are there any restrictions on trading strategies?

While not explicitly detailed on the homepage, prop firms often have rules against specific strategies like high-frequency trading, tick scalping, or hedging.

It is crucial to review Alpicap’s full Terms and Conditions for any such restrictions.

What happens if I fail an Alpicap challenge?

If you fail a challenge by hitting the maximum daily loss or total loss limit, or by not meeting the profit target within the allowed rules, you will lose the challenge fee paid.

You would then need to purchase a new challenge to try again.

What is the maximum leverage offered by Alpicap?

Alpicap offers 1:100 leverage for the Two-Step Assessment and 1:50 leverage for the One-Step Assessment.

Is Alpicap a regulated firm?

The homepage doesn’t explicitly state any specific regulatory body that oversees Alpicap as a prop firm.

While they mention “Swiss tradition of trustworthy trading,” this does not imply specific financial regulation.

Traders should research this aspect independently if regulatory oversight is a concern.

Can I trade news events with Alpicap?

Prop firms often have specific rules regarding trading during major news events.

It is essential to check Alpicap’s comprehensive terms and conditions to understand their policies on news trading.

What account sizes does Alpicap offer?

Alpicap offers a range of account sizes from $2,500 up to $200,000 for their Two-Step Assessment, and up to $100,000 for their One-Step Assessment.

Does Alpicap offer 24/7 customer support?

Yes, Alpicap states that their dedicated support team is available 24/7 to assist traders with questions and guidance.

What is the purpose of the minimum trading days requirement?

The minimum trading days requirement ensures that traders demonstrate consistency and discipline over a period, rather than achieving a profit target with a single lucky trade.

It helps the firm assess a trader’s ability to manage risk and generate profits over time.

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