Alpha Swing $50K challenge
The $50K size of Alpha Capital's Alpha Swing program: a 2-step evaluation with a 10% max loss and a 80% profit split. Every limit below is shown as a percentage and as an amount.
6.6 out of 10PropFirmly score for Alpha CapitalRanked 6 of 14 forex firmsThe numbers
- Account size
- $50K
- 2-step
- Price
- $357
- One-time fee
- Phase 1 target
- 10%
- $5,000
- Phase 2 target
- 5%
- $2,500
- Daily loss limit
- 5%
- $2,500
- Max loss
- 10%
- $5,000, static
- Profit split
- 80%
- Payouts
- On demand
- Minimum trading days
- 3 per phase
- Time limit
- Unlimited (30-day inactivity limit)
- Fee refunded
- No
How it compares
Combined phase target-to-loss ratio
1.50
10% + 5% targets ÷ 10% max loss. Lower asks for less profit per unit of allowed loss; it is not an estimate of your chance of passing.
Break-even return
0.89%
Return needed on the funded account, at the starting split, for your share to cover the fee.
Cost per $100K
$714
More expensive than the $606 median for $50K forex challenges at other firms.
What the rules mean in practice
- There are 2 phases. Phase 1 needs $5,000 profit (10%); Phase 2 needs $2,500 profit (5%). The loss limits apply in every phase.
- On any single day you can lose up to $2,500 (5%). Check Alpha Capital's rules for whether that is measured from the day's starting balance or equity, because open trades count.
- The account fails if you lose $5,000 (10%). This is static drawdown: the loss limit is fixed at a set distance below your starting balance and never moves.
- Consistency rule: 40% best-day rule on the qualified account for on-demand payouts
- At the starting 80% split, you need about 0.89% return on the funded $50K account to earn back the $357 fee, before any other charges.
- Payouts: on demand only (40% best-day rule and 2% minimum profit)
- Weekend holding is allowed at all stages; news trading is allowed if trades opened within 2 minutes of a release last longer than 2 minutes.
- Leverage is 1:30 on FX and lot exposure limits are half those of Alpha Pro.
- The 90% split add-on is not offered on this plan.
This is our reading of Alpha Capital's published rules. The firm's own terms always take priority. See the full Alpha Capital rules.
Other Alpha Swing sizes
| Loss limits | Buy | ||||
|---|---|---|---|---|---|
| $5K2 StepsAlpha Swing | 10%5%1.50× loss | 10% max5% daily · Static | 80% | $49$70 | Buy |
| $10K2 StepsAlpha Swing | 10%5%1.50× loss | 10% max5% daily · Static | 80% | $102.90$147 | Buy |
| $25K2 StepsAlpha Swing | 10%5%1.50× loss | 10% max5% daily · Static | 80% | $172.90$247 | Buy |
| $50K2 StepsAlpha Swing | 10%5%1.50× loss | 10% max5% daily · Static | 80% | $249.90$357 | Buy |
| $100K2 StepsAlpha Swing | 10%5%1.50× loss | 10% max5% daily · Static | 80% | $403.90$577 | Buy |
| $200K2 StepsAlpha Swing | 10%5%1.50× loss | 10% max5% daily · Static | 80% | $767.90$1,097 | Buy |
No challenges match these filters. Pick another size or clear a filter.
Other Alpha Capital programs
Each at the size nearest $50K.
Similar $50K challenges
Same account size at other forex firms, cheapest first.
| Loss limits | Buy | |||||
|---|---|---|---|---|---|---|
 Blue GuardianSince 2021 | $50K2 Steps2 Step Nano | 8%5%1.30× loss | 10% max3% daily · Static | 80%to 100% | $95.25$127 | Buy |
 AquaFundedSince 2023 | $50K2 Steps2 Step Pro | 10%5%1.50× loss | 10% max5% daily · Equity trailing | 90%to 100% | $93.08$143.20 | Buy |
 MavenSince 2022 | $50K2 StepsStandard 2-Step | 8%5%1.63× loss | 8% max4% daily · Static | 80%to 90% | $209$220 | Buy |
 FundedNext4.582.2K | $50K2 StepsStellar Lite | 8%4%1.50× loss | 8% max4% daily · Static | 80%to 95% | $154.09$229.99 | Buy |
Blue GuardianSince 2021 | $50K2 Steps2 Step Standard | 8%4%1.50× loss | 8% max4% daily · Static | 85%to 90% | $174$232 | Buy |
AquaFundedSince 2023 | $50K2 Steps2 Step Elite | 8%5%1.08× loss | 12% max4% daily · Static | 90%to 100% | $154.70$238 | Buy |
MavenSince 2022 | $50K2 StepsOmo 2-Step | 6%8%1.75× loss | 8% max4% daily · Static | 80%to 90% | $226.10$238 | Buy |
 The5ers4.740.5K | $50K2 StepsHigh Stakes (New) | 10%5%1.88× loss | 8% max4% daily · Static | 80%to 100% | $249 | Buy |
No challenges match these filters. Pick another size or clear a filter.
More featured challenges
Alpha Swing $50K questions
How does Alpha Capital score on PropFirmly?
6.6 out of 10, ranked 6 of 14 forex firms we track. The score rates the firm, not this one account: trader reputation, track record, profit split, pricing, rule flexibility and platform choice, weighted as described on our methodology page.
How much is the Alpha Swing $50K challenge?
The list price is $357, before any discount code. At the time of our check a 30% discount was available.
What is the profit target?
Phase 1: 10% ($5,000). Phase 2: 5% ($2,500).
What is the maximum loss?
10%, or $5,000, using static drawdown. The loss limit is fixed at a set distance below your starting balance and never moves.
Is there a daily loss limit?
Yes, 5% ($2,500).
What profit split does it pay?
80%. Payouts: on demand.
Still have a question?
Ask about a firm, a rule or a number that looks wrong. A link to the firm's own page helps us re-check it quickly.
support@propfirmly.comContact page