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Alpha Capital Group is a UK company and a well-renowned name in the prop firm sector, offering unique opportunities for traders to grow their capital. This firm provides a dynamic platform for traders seeking a fair, flexible, and rewarding trading environment. Let’s delve into the details of the Alpha Capital Group, its pricing models, and its evaluation program account rules.
Having 2 accounts myself (1x $200k, 1x $100k), I feel I can provide a very fair review of their offering.
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The price structure of Alpha Capital Group is based on the account size. Here’s a breakdown:
- For $10,000, you pay $97
- For $25,000, you pay $197
- For $50,000, you pay $297
- For $100,000, you pay $497
- For $200,000, you pay $997
The pricing model is designed to cater to diverse traders with varying capital sizes.
In the wake of the recent challenges faced by the prop trading industry, such as the unexpected offline status of My Forex Funds, the question of trust and reliability becomes paramount. Amidst this uncertainty, Alpha Capital Group (ACG) stands as a beacon of trustworthiness and dependability for several reasons.
- Transparency: ACG operates with a high level of transparency, providing all the necessary information traders need to make informed decisions. The firm’s clear and straightforward trading rules are a testament to this commitment.
- Achievable Profit Targets: ACG sets realistic profit targets in its evaluation programs. These targets, 8% in phase one and 5% in phase two, are achievable, building trust between the firm and its traders.
- Fair and Flexible Evaluation Program: The firm’s two-phase evaluation challenges are standard in the industry. Traders have the opportunity to earn up to 80% in profit splits, and they can scale their accounts, offering flexibility and potential for growth.
- Broad Market Reach: Despite being relatively new, ACG caters to a wide array of traders with different trading styles, demonstrating its adaptability and commitment to serving diverse market needs.
- Positive Reviews and Reputation: ACG has garnered positive reviews and built a solid reputation in the prop trading industry. This positive feedback from traders boosts trust in the firm.
With these factors in mind, it’s clear that Alpha Capital Group has built a reliable and trustworthy platform for prop trading. Amidst the turbulence in the industry, ACG offers a stable and secure environment for traders to grow their careers.
The evaluation program of Alpha Capital Group is an integral part of its operations.
The profit target is a specific percentage of profit that a trader must achieve before they can complete an evaluation phase or withdraw profits. The profit target for phase one is 8%, and for phase two, it’s 5%. Funded accounts have no profit targets.
The maximum daily loss is set to 5% for all account sizes. This refers to the most significant loss a trader can incur in a day before violating account rules.
The maximum loss limit is 10% for all account sizes. Once this limit is exceeded, the account gets violated.
The minimum trading days rule requires you to trade for at least three days before completing an evaluation phase or requesting a withdrawal.
Lot size limit is another crucial rule. Depending on the account size, the maximum lot sizes are set as follows:
- $10,000–5 lots
- $25,000–10 lots
- $50,000–20 lots
- $100,000–40 lots
- $200,000–80 lots
No martingale strategies are allowed. Meaning, traders cannot double their bet after a loss in the hope of an eventual win.
The average trade duration set by Alpha Capital Group is 2 minutes. All trades must be held for at least this period before they can be closed.
Copy trading is a method where traders copy the strategies of other successful traders. But using third-party copy trading services has its risks. Other traders might already be using the same strategy, leading to potential account denial or withdrawal rejection if you exceed the maximum capital allocation rule.
EA or Expert Advisor is a software that automates trading decisions. Similar to copy trading, using a third-party EA also carries risks. If other traders are already using the same EA, you might run the risk of being denied a funded account or withdrawal if you exceed the maximum capital allocation rule.
Alpha Capital Group boasts an impressive 4.7 rating on Trustpilot from over 500+ customers, a clear indication of the firm’s commitment to quality, reliability, and customer satisfaction.
Quick Payouts
Many reviewers highlight the promptness of Alpha Capital Group’s payouts. This swift turnaround time is not only appreciated, but it also instills confidence in the firm’s financial processes and reinforces their reputation as a trustworthy trading platform.
Exceptional Support
The firm’s exceptional customer service is another frequently mentioned positive aspect in customer reviews. Alpha Capital Group’s support team has been rated as A+, with numerous traders commending their responsive, helpful, and professional approach. This level of excellent service further cements the firm’s position as a top choice among proprietary trading platforms.
Learning from Negative Reviews
While the majority of feedback is overwhelmingly positive, there are a few less favorable reviews, often from traders who did not adhere to the firm’s trading rules. These instances underline the importance of understanding and following Alpha Capital Group’s guidelines to ensure a positive trading experience.
Alpha Capital Group’s high ratings and positive reviews are a testament to the firm’s reliability, excellent customer service, and commitment to providing a smooth and rewarding trading experience for its users.
This correlates to my own experience with ACG, I have also had a positive experience.
- Incorporated: November 2021
- Location: United Kingdom
- Trading Platforms: MT5
- Broker
- Deposit Methods: VISA, Crypto (Need to message support)
- Withdrawal Methods: Paypal, Wise, Bank Transfer
- Account Sizes: $10,000, $25,000, $50,000, $100,000, $200,000
- Tradable Instruments: Commodities, Forex, Indices
- Rules: Lot size limit, Maximum daily loss, Maximum loss, Minimum trading days, No martingale allowed, Profit target, Third-party copy trading risk, Third-party EA risk
- Account Currencies: USD
- Trading Programs: Two-step Challenge
- Max Capital Allocation: $2,000,000
See Also: What is a Prop trading firm?
In wrapping up, Alpha Capital Group stands out as a bona fide proprietary trading firm that offers traders a golden opportunity to select from five distinct two-stage evaluation account sizes, all guided by clear and simple trading rules.
The firm’s evaluation programs adhere to the industry-standard two-phase evaluation challenges.
These challenges necessitate the completion of two stages before qualifying for funding and eligibility to earn profit splits. Alpha Capital Group sets achievable trading targets, requiring traders to attain 8% profit in the first phase and 5% in the second phase to secure funding. These targets are practical considering the 5% maximum daily loss and 10% maximum loss rules.
Through these evaluation programs, traders can earn up to 80% in profit splits and have the privilege to scale their accounts.
Alpha Capital Group is a highly recommended choice for anyone in search of a proprietary firm characterized by straightforward trading rules. Despite being relatively new in the sector, the firm offers superb conditions that cater to a broad spectrum of individuals with unique trading styles. Considering all that Alpha Capital Group brings to the table, the firm positively stands as one of the superior proprietary trading firms in the industry.
Therefore, don’t hesitate! Embrace the opportunity to grow your trading career with a firm that offers you both the environment and the tools to succeed.
