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FP·EDITORIAL · VOL. III · ISSUE 14 · UNITED KINGDOM · MAY 2026 last sweep 2026-05-14 · 1 programs scored · 0 defunct

Prop trading · United Kingdom

methodology v3.2 · audited apr '26

iso 27001 · CompaniesHouse #OC4451x

Rank

Ranked number 8

Prop firm · Forex evaluation

Alpha Capital Group

CompaniesHouse
Commission
15% CPS (split-shareable with audience)
Cookie
30d
12m EPC
$4.40
Payout rel.
100
Clawback
Alpha Capital Group's FCA Register entry for the parent entity (Alpha Capital (UK) Limited #13719951) is unique in the UK cut — the only program with a citable FCA Register record. The customisable discount-split lever is a real conversion advantage, but the 15% rate and USD pricing land the EPC at mid-cohort.

Pros

  • FCA Register entry for parent entity Alpha Capital (UK) Limited is unique in the cohort
  • Companies House #13719951 plus London Lower Thames Street physical address
  • Customisable affiliate-discount split is a rare conversion lever
  • Up to $200K simulated account size is competitive at mid-cohort
  • Trustpilot 4.5/5 across 6.8K reviews is a clean reputation profile

Cons

  • USD challenge pricing despite UK identity creates FX-overlay friction for GBP audiences
  • ACG Markets FSA Seychelles execution tie undermines the pure-UK trust narrative
  • 15% flat CPS without a tier ladder caps top-affiliate ceiling vs. The5%ers' 40%

† Long-form review body pending — editorial expansion scheduled for the next Issue sweep.

Annex · How we scored it

Every factor, every value, every note.

base_payout
$80.00
cookie_decay
0.55
attribution_factor
1.00
reliability_factor
1.00
conversion_rate_estimate
0.10
payment_threshold_friction
1.0
12m true-EPC (computed)
$4.40
relative grade (vs top in cell)
C− · 48/100

Adjacent · same cell

Rank

Ranked number 1

Prop firm · Forex evaluation + scaling program

The5%ers

CompaniesHouse

Rank

Ranked number 3

Prop firm · Forex/crypto evaluation + instant funding

Blue Guardian

† none on file

Editorial signatures and issue metadata

Edited by

Maren Holst

Senior Editor

Signed · M.HOLST

Fact-checked by

Asha Devi

Standards Desk (Fact-Checker)

Signed · A.DEVI

Issue meta

vol iii · iss 14

published 2026-05-18

last sweep 2026-05-22

methodology v3.2 · audited apr '26

Companies House #OC4451x