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Alpha Capital · 2 ladders, 6 rungs

The number in the name is the target, not the drawdown

Alpha Capital Group sell the same evaluation at three sizes, twice over. The percentage in each product name is the profit target of its first phase — so Alpha One 12% reads as the hardest thing on its ladder, and models as the easiest of the three by 16 points.

The reason is the rule underneath. Buying a larger overall drawdown also buys a larger daily limit — 3%, 4%, 5% as you climb — and the daily limit is what ends the attempt. An extra point of target is a linear cost. An extra losing trade absorbed is not.

Alpha One · 16 points across the ladder

Variant Target Daily Overall Ends after Fails If it only pauses
Alpha One 6% 6% 3% 4% 3 losses 86% 64%
Alpha One 10% 10% 4% 6% 4 losses 84% 43%
Alpha One 12% 12% 5% 8% 5 losses 70% 20%

Alpha Pro · 20 points across the ladder

Variant Target Daily Overall Ends after Fails If it only pauses
Alpha Pro 6% 6% + 6% = 12% 3% 6% 3 losses 98% 49%
Alpha Pro 8% 8% + 5% = 13% 4% 8% 4 losses 91% 22%
Alpha Pro 10% 10% + 5% = 15% 5% 10% 5 losses 78% 9%

The firm does not say what breaching the daily limit does

Which is awkward, because everything above rests on that rule. 8 of Alpha Capital Group’s programmes publish a daily limit and not one says whether breaching it ends the attempt or pauses the account until the next session.

So the last two columns of each table are the same question answered both ways. Under the strict reading the ordering holds and the ladders spread 16 and 20 points. Under the lenient one it holds and they spread 44 and 40. The conclusion is the same in both directions, and the build fails if it ever stops being.

That is the only reason this page is worth publishing. An argument that held under one reading of a sentence the firm has not written would be a fact about the assumption, not about the product.

Why the naming matters

A buyer scanning a page of variants reads Alpha One 6%, Alpha One 10% and Alpha One 12% as increasing difficulty, because on every other product in this market the percentage on the card is the drawdown. Here it is the target, and the drawdown moves with it in the buyer’s favour.

So the instinct — take the smallest number, ask for the least — picks the variant that fails most, on both ladders, under both readings. It is not a trick; every figure is published. It is a label that means the opposite of what the market has trained people to expect it to mean.

What this does not measure

Where these rules were read

Questions

What do the percentages in Alpha Capital’s product names mean?
The profit target of the first phase, not the drawdown. Alpha One 6% asks 6% behind a 4% cap; Alpha One 10% asks 10% behind a 6% cap; Alpha One 12% asks 12% behind a 8% cap; Alpha Pro 6% asks 6% + 6% behind a 6% cap; Alpha Pro 8% asks 8% + 5% behind a 8% cap; Alpha Pro 10% asks 10% + 5% behind a 10% cap.
Which Alpha Capital variant is easiest to pass?
The one asking the most profit, on both ladders. Alpha One 12% at 70% against Alpha One 6%'s 86%, and Alpha Pro 10% at 78% against Alpha Pro 6%'s 98% — at 1% risk per trade. The gap is 16 points and 20 points. Assumes each trade is independent. Correlated positions — three majors against the dollar — lose together and count as one.
Why does a bigger drawdown make a harder target easier?
Because the daily loss limit rises with it, and the daily limit is what ends the attempt. Across both ladders it climbs 3%, 4%, 5% as the overall cap grows. Extra profit to make is a linear cost; an extra losing trade absorbed changes the shape of every run.
Does Alpha Capital say what happens if you hit the daily limit?
No — 8 of their programmes publish a daily limit and none says whether breaching it ends the attempt or pauses the account. This page therefore computes both readings, and the ordering is the same under each: strict gives spreads of 16 and 20 points, lenient 44 and 40.
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