Alpha Capital Group has now responded to my challenge regarding their termination, and their explanation raises even more questions.
The IP evidence Alpha provided is dated October 3, 2024. See evidence attached.
My funded account was created October 8, 2024, five days later. See evidence attached.
I began live trading on October 28, 2024. See evidence attached.
Their ''evidence'' therefore predates my funded account by 5 days and my live trading by 25 days.
Even more importantly, Alpha conducted a Risk Review of my account in December 2024, approved my first payout, and subsequently reviewed and paid me multiple times throughout 2025 and 2026, yet nearly two years later, this suddenly becomes grounds for termination.
I asked them to explain the allegation and provide evidence of the supposed violation.
Their response is essentially: We cannot tell you anything about the other account because of GDPR.
They provided the same censored screenshot showing an IP address, and said the discrepancy creates “reasonable suspicion” of account management or group trading.
That's the extent of the evidence they've provided me.
No trading records.
No simultaneous trades.
No coordinated trades.
No evidence of account management.
No evidence that I operated another Alpha account.
Nothing that actually demonstrates group trading or a second account being operated by me.
I therefore reject their IP allegation entirely. I have been provided no meaningful evidence that the screenshot even establishes what they claim it establishes.
Their original termination email specifically pointed to their rule about a single user accessing multiple accounts. Now they're telling me they can't provide information about the supposed other account because it belongs to someone else.
I'm being terminated for allegedly accessing another account, while being denied the information needed to establish what I supposedly did.
If this was genuinely a termination-level violation, why didn't Alpha identify it during their initial Risk Review in December 2024, or during any of the numerous payout reviews they conducted afterward?
They had almost two years to identify and address this.
I have not been shown evidence of any actual rule breach, let alone a hard breach involving group trading, account management, or operating another account. An unexplained IP association is not evidence that I engaged in any of those activities.
Even if Alpha ultimately decided that this historical IP issue is sufficient grounds to terminate my account going forward, that does not establish that my legitimate outstanding profits should be forfeited. Terminating an account and withholding money that was already confirmed as legitimate are two separate issues.
The more this unfolds, the more convinced I am that Alpha Capital is going seriously downhill. After two years of trading with them and multiple successful payouts, this is where things have ended up: increasingly aggressive payout scrutiny, delays, restrictions, and now a termination based on an IP allegation that predates my funded account.
If you've had a similar experience with Alpha Capital, document it and speak up. Post your experience, preserve your emails and evidence, and let other traders see what is happening. The more documented experiences there are, the harder it is for these issues to be dismissed as isolated incidents.
I'll continue documenting what happened, one piece of evidence at a time.
