Alpha Capital Group is a proprietary trading firm that has garnered attention in the trading industry, particularly for its challenge accounts and prop trading opportunities. Established in November 2021 and based in the UK, the firm offers various account sizes for traders, ranging from $10K to $200K, with each size having its own pricing structure. Traders can participate in these challenge accounts to potentially access larger capital for trading, subject to meeting certain profit targets and risk management criteria.
The firm boasts features like personalized 1-on-1 risk reviews and the use of the MetaTrader 5 platform, which is known for its customizable trading platform and advanced tools for technical analysis and fundamental research. They offer zero commission fees across all phases of their challenge accounts and allow flexibility such as trading through news events and holding positions over weekends. The profit split in the funded phase is notably generous, offering traders an 80% share.
Use promo code: ‘STT101’ to get 5% off!
- Solid Reputation with a strong Trustpilot rating of 4.8/5
- Traders can manage up to $2,000,000 with an 80% profit share
- Flexible Trading Conditions
- Offers leverage up to 1:100 and a scaling option for growing accounts
- Professional Trading Dashboard
- No Commission on Trades
- Offers 1-on-1 mentoring sessions for trader development
- Limited Trading Instruments
- Restrictive Trading Rules
- Lot Size Limit
What Sets Alpha Capital Group Apart From Other Proprietary Trading Firms?
Alpha Capital Group distinguishes itself from other proprietary trading firms in several ways. Established in November 2021, Alpha Capital Group has quickly become a notable player in the prop trading arena, particularly in the forex market. Their London location strategically places them at the heart of financial activity, enhancing their appeal and capabilities in the global trading community.
One of the primary features that set Alpha Capital Group apart is their meticulous evaluation program. This program consists of a two-step process with five distinct account sizes, ranging from $10,000 to $200,000. The evaluation phases are designed with specific profit targets and loss thresholds, offering flexibility in trading days, which is a crucial aspect for many traders. Upon successful completion of the evaluation phases, traders are granted a funded account without specific profit targets but with adherence to daily and overall loss rules.
In terms of technology and support, Alpha Capital Group uses the award-winning MetaTrader 5 platform, known for its customizability and a wide array of trading tools. Additionally, they are set to launch Alpha Academy, a platform offering educational courses and strategies to nurture traders’ growth. This initiative highlights their commitment to providing not just a trading platform but also educational resources and support.
Another standout aspect is their Scaling Plan under the Alpha Pro Plan, which allows for maximum capital growth of $2 million. Traders can request scaling once their account experiences a 10% growth, enabling them to compound account growth while taking full profits. This feature is particularly attractive for traders looking for substantial capital allocation and growth opportunities.
Alpha Capital Group also offers various account features like a maximum daily loss cap, a 10% maximum loss from the initial starting amount, and bi-weekly profit withdrawals with no minimum withdrawal amount. They also provide a retry option for traders who meet all other trading requirements but haven’t achieved the desired profit aim, with the Aggressive plan offering an unlimited number of free retries.
In comparison to other prop firms like Funding Pips, Alpha Capital Group offers a solid Trustpilot rating of 4.6/5 and manages up to $2,000,000 in capital with an 80% profit share, disbursed bi-weekly. Their trading conditions include allowing trades during news, overnight, and over the weekends, which adds flexibility for traders. However, they do have certain restrictions like limits on trading instruments and a minimum average trade duration of 2 minutes, which could impact traders with specific strategies.
Use promo code: ‘STT101’ to get 5% off!
What Are The Options For Funded Accounts?
At Alpha Capital Group, one of the standout features is the diversity in the range of funded account options they offer to traders. Catering to a wide spectrum of trading strategies and experience levels, Alpha Capital Group ensures that every trader finds a suitable match for their needs. Here’s an overview of the different types of funded accounts available:
- Beginner Accounts: Tailored for those new to trading, these accounts offer a lower risk threshold with smaller balance sizes. This is ideal for individuals looking to get a feel for real-market trading without the pressure of managing a large fund.
- Standard Accounts: Aimed at traders with a moderate level of experience, Standard Accounts balance risk and reward effectively. They offer larger capital than Beginner Accounts but still maintain a safety net for less experienced traders.
- Professional Accounts: For seasoned traders, Professional Accounts provide higher capital and more freedom in trading strategies. These accounts are designed for individuals who are confident in their trading skills and understand market dynamics deeply.
- Customizable Accounts: Recognizing that each trader has unique needs, Alpha Capital Group offers the option to customize accounts. Traders can negotiate terms like balance size, risk level, and profit sharing based on their track record and preferences.
- Specialized Accounts: For those focusing on specific markets or instruments, such as Forex, commodities, or indices, Alpha Capital Group offers specialized accounts. These accounts come with tailored tools and analytics suited for the chosen market.
- Demo Accounts: Before committing real funds, traders can opt for Demo Accounts to test strategies and get familiar with Alpha Capital Group’s platform. This risk-free option is a valuable tool for both beginners and experienced traders looking to refine their approaches.
Each of these accounts comes with comprehensive support, including access to educational resources, trading tools, and dedicated account managers. The emphasis at Alpha Capital Group is on flexibility and support, ensuring traders at all levels can maximize their potential while aligning with their individual risk tolerance and trading style.
Is Getting Funded On Alpha Capital Group Realistic?
Alpha Capital Group offers traders the opportunity to manage substantial capital. They provide different account sizes with a maximum funding of $2 million under the Alpha Pro Plan. Traders need to adhere to specific rules such as a 10% maximum drawdown and position size limitations based on the account type. Profit withdrawals are possible every two weeks, with no minimum withdrawal amount required. The firm uses the Meta Trader 5 platform, facilitating technical and fundamental analysis with various tools.
Their funding process includes a two-stage evaluation for traders, which upon successful completion, allows access to the funded accounts. Traders who meet all trading requirements except the profit target may qualify for a free retry, especially under the Aggressive plan.
Overall, while the process may be challenging, Alpha Capital Group’s structured approach and the scaling plan provide realistic avenues for traders to get funded, provided they meet the firm’s criteria.
Alpha Capital Group Customer Support and Help
Email: info@alphacapitalgroup.uk
Social Media Profiles
Alpha Capital Group Trust Pilot Reviews
Alpha Capital Group has received great customer feedback from its traders on Trust Pilot. With an overall score of 4.8 out of 5 from 2,060 reviews.
Conclusion
Alpha Capital Group is a proprietary trading firm that has carved a niche in the trading world. Known for its zero percent commissions and excellent trade execution, it stands as a reliable funding option for traders. At Alpha Capital Group, traders can access a range of funded accounts, starting at $247, with potential access to up to $200,000 in trading capital. This section will explore the terms and conditions associated with these accounts. Alpha Capital Group’s evaluation process is a two-step journey, focusing on profit targets and drawdown limits. This ensures only the most skilled traders qualify for the funding and scaling opportunities.
FAQ's
What is Alpha Capital Group?
Alpha Capital Group is a UK-based proprietary trading firm, notable for its zero-commission policy across a wide range of trading instruments, including forex pairs, commodities, and indices. They offer funded trading accounts, utilizing the MetaTrader 5 platform to ensure excellent trade execution and provide traders with the opportunity to manage significant capital.
How does fund withdrawal work at Alpha Capital Group?
Traders can request withdrawals every two weeks with no minimum withdrawal limit. Withdrawals are processed within three business days via bank wire transfers. The firm has also partnered with a deliverable FX institution to minimize exchange rate fees for international traders.
How do you pass funded accounts on Alpha Capital Group?
The evaluation process involves two phases:
- Phase 1: Achieve an 8% profit target.
- Phase 2: Attain a 5% profit target. Both phases have a maximum daily loss limit of 5% and an overall maximum loss limit of 10%. There’s a requirement of a minimum of three trading days, but no maximum trading period is set, offering flexibility to traders.
Is the Martingale strategy allowed in Alpha Capital Group?
No, the Martingale strategy, which involves incrementally increasing bet sizes following losses, is prohibited. This is due to the high risk and significant downside potential associated with the strategy.
How does the scaling plan work at Alpha Capital Group?
Their scaling plan allows for capital growth up to $2 million. Traders can request scaling when their account grows by 10%, with a corresponding 10% scale applied. This feature enables traders to compound their account growth while taking full profits.
