Alpha Capital, the UK prop trading firm trading as Alpha Capital Group Limited, runs a discount code that takes 40% off all trading evaluation accounts. The code is AQM74, entered in the coupon or promo code field at checkout. The value of that 40% depends entirely on which evaluation you were already going to buy, so the only sensible way to judge it is to run the numbers against your own basket rather than the headline percentage.
Pricing on the Alpha Capital product page starts from $27. On a fee at that entry level, a 40% reduction is worth $10.80, bringing the total to $16.20. The same proportion applied to a larger fee scales up in a straight line: every $100 of listed evaluation fee becomes $60, saving $40.
That matters because account sizes run from $5,000 to $200,000, and the fee ladder rises with the balance. The absolute saving is therefore smallest on the cheapest small-balance plan and largest on a $200,000 evaluation. If you are choosing between two account sizes, the discount narrows the cash gap between them by 40%, which is worth factoring into the decision rather than treating the code as a flat rebate.
One further pricing variable is the payout timing choice. Alpha Capital offers bi-weekly or on-demand payouts, and that choice affects the base plan price. Since the discount is a percentage of the plan price, the option you select changes the size of the saving as well as the amount you pay.
The code reduces the entry fee and nothing else. Specifically, the discount does not change profit targets, daily loss limits or maximum drawdown. A cheaper Alpha Pro two-step evaluation is exactly as difficult to pass as a full-price one. That is the single most important caveat: the 40% improves the cost of an attempt, not the probability of success, and a cheaper attempt is only good value if the programme suited your strategy in the first place.
It also does not alter the structure of the product. Alpha Capital is a prop firm, not a broker. You pay a one-off fee to sit an evaluation on a simulated account, and traders who meet the published objectives move to a qualified account with a share of simulated profit generated.
Add-ons. Apply the code before adding optional extras and check the order summary. The sensible order of operations is to confirm the discounted total first, then decide whether any add-on is worth its own cost.
Programme choice. The code applies to all evaluation accounts regardless of size or programme, covering Alpha One (1-step), Alpha Pro (2-step), Alpha Swing and Alpha Direct. Because nothing is excluded, there is no reason to switch programmes chasing the discount.
Unpublished detail. Profit split by plan and payout schedule should be checked on the plan page, and the exact drawdown calculation method on the official rules page. Minimum trading requirements are not specified, and rules on news trading or weekend holding vary by plan. None of these are fixed by the code.
The fee is still spent. A 40% reduction on a failed evaluation is still money gone.
Open the product or plans page at alphacapitalgroup.uk.
Pick the programme, then the account balance and platform — MT5, cTrader or DXTrade.
Create an account or log in.
Enter AQM74 in the coupon or promo code field and apply it.
Confirm the order summary shows the reduced total before paying.
Pay; credentials are issued after payment.
Useful context sits outside the price: leverage up to 1:100 with a scaling plan for consistent performers, and permitted styles including day trading, swing trading, scalping, automated trading, copy trading and news trading. The firm is registered with UK Companies House under company number 13719951 at 10 Lower Thames Street, Billingsgate, London. Weigh those against the discounted fee, not against the pre-discount one.
Web page: Alpha Capital Discount Code AQM74: A First-Timer's Checkout Walkthrough
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Gamma doc: Alpha Capital Discount Code AQM74: Your Questions Answered
NotebookLM report: Alpha Capital Discount Code AQM74: Your Questions Answered
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