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Alpha Capital Group Prop Firm Review

Alpha Capital Group Prop Firm Review bestfxbrokers

Coupon Code for Alpha Capital Group Prop Firm

For those exploring cost-saving options, a discount code is accessible. Insert ACGWIN at the time of transaction completion for a lower price.

Diving into Alpha Capital Group Prop Firm’s Details

Alpha Capital Group operates as a prop trading firm in London. Initiated in November 2021 by founders Andrew Blaylock and George Kohler, its registration is held in the UK.

Alpha Capital Group’s Official Company Name

The legal name is Alpha Capital Group matching the brand name.

The Address of Alpha Capital Group Prop Firm

10 Lower Thames Street, Billingsgate, London, England, EC3R 6AF

Establishment Date: Alpha Capital Group Prop Firm

November 2021

Registration Location of Alpha Capital Group Prop Firm

The firm functions within the UK’s jurisdiction, complying with its regulatory frameworks.

Alpha Capital Group Prop Firm’s Founders/Owners

Owners are Andrew Blaylock and George Kohler.

Trading Platforms at Alpha Capital Group

The array of instruments offered at Alpha Capital Group is broad, catering to a spectrum of trading strategies, from day trading to long-term positions, ensuring traders can find their niche.

Range of Instruments by Alpha Capital Group Prop Firm

The array of instruments offered at Alpha Capital Group is broad, catering to a spectrum of trading strategies, from day trading to long-term positions, ensuring traders can find their niche.

Payment Methods at Alpha Capital Group

Alpha Capital Group’s payment methods span traditional and digital, offering credit card facilities, alongside the convenience of e-wallets and the option of cryptocurrencies, targeting to a tech-savvy trading audience.

Available Account Sizes at Alpha Capital Group Prop Firm

Traders can choose from account sizes varying from $10K to $200K at Alpha Capital Group, accommodating a broad spectrum of trading approaches and capital investments. Larger account sizes are ideal for traders looking to leverage more substantial capital.

Profit Split Structure at Alpha Capital Group

The 80% profit sharing for traders at Alpha Capital Group ensures they receive a large percentage of their earnings, which can be a strong motivator for achieving trading success. This high percentage of profit share serves as an incentive for traders to perform well.

Targeting Profits with Alpha Capital Group Prop Firm

The firm sets profit targets at 8% for phase one and 5% for phase two, creating clear benchmarks for traders.

Daily Loss and Drawdown Rules at Alpha Capital Group

Alpha Capital Group’s policy of a maximum daily loss of 5% and a total loss limit of 10% serves to safeguard traders against extreme losses. These measures help in maintaining a balance between seeking profit and managing potential risks.

Minimum and Maximum Days for Trading at Alpha Capital Group

For phase 1 and phase 2 assessments at Alpha Capital Group, the virtual trading requirement is a minimum of 3 days, with a 5-day minimum for those operating a Qualified Analyst account.

While traders can engage in unlimited virtual trading days during the assessment phases, this is not applicable for Qualified Analyst accounts.

Alpha Capital Group Prop Firm: Challenges & Compliance

Challenges are organized in a two-tiered approach, intended to gauge and cultivate trading competencies.

Alpha Capital Group Prop Firm’s Challenges

Pricing for Challenges

Challenge fees at Alpha Capital Group range from $97 to $997, catering to traders with varying financial capacities. This pricing flexibility allows individuals to participate according to their budget, making trading more accessible.

Fees and Commission Structure

Alpha Capital Group implements a $0 commission policy for all types of accounts and challenges. This is aligned with their strategy of assessing traders’ virtual strategies and risk management skills, providing a uniform benefit for all traders.

They also offer Free Monthly Trading Competitions as an additional incentive.

Refund Conditions at Alpha Capital Group Prop Firm

Alpha Pro Assessments are non refundable.

Free Trials at Alpha Capital Group Prop Firm

Alpha Capital Group’s free trial allows traders to test the waters of their trading environment and sophisticated dashboard & trading analytics. This trial, combined with Free Monthly Trading Competitions, presents a comprehensive introductory experience for traders.

How Often Does Alpha Capital Group Prop Firm Pay Traders?

Alpha Capital Group offers a convenient payout schedule with bi-monthly same-day performance fee payments. Qualified analysts can withdraw their earnings from ACG Markets every two weeks, with the processing of these payments done promptly via bank transfer or Deel.

The Good and Bad of Alpha Capital Group Prop Firm

Alpha Capital Group stands out with a 4.6 rating on Trustpilot, accumulated from 1,453 reviews, underscoring their competent customer service and accessible platform. Yet, reviewers consistently recommend enhancing the diversity of available trading assets.

Pros

  • Consistent commendation for the support team’s prompt and effective assistance.
  • Positive feedback on personalized support from certain team members.
  • General contentment with the payout procedure, though there are minor delays.
  • The customer service experience is often highlighted as both professional and patient.
  • The trading platform is recognized for favorable conditions, such as low spreads and fast execution.
  • The no commission fee policy and reasonable spreads on assets like gold receive appreciation.

Cons

  • Delays and complications in phase changes and payouts have been reported by some users.
  • Instances of delayed responses from the official email, in contrast to efficient live chat support.
  • Concerns regarding account security issues, particularly when substantial profits are involved.
  • Dissatisfaction related to the KYC process, including challenges and rejections.
  • Complaints about slippage and potential manipulation in price feeds.
  • Some clients have voiced concerns about the firm’s lack of transparency and fairness.

Alpha Capital Group FAQ

What are the rules for qualified traders?

The rules on a Qualified Trader account closely mirror those during the Assessment stages. However, we recommend thoroughly reviewing the Qualified Trader Help Centre section for comprehensive guidance. It’s essential to understand that the same risk parameters apply to both Assessment and Qualified accounts.
The only notable difference is the removal of the virtual profit target rule. Moreover, qualified trader accounts introduce a maximum lot exposure limit.


Which broker do we use?

We exclusively use ACG Markets, a 3rd party FSA Regulated Brokerage.
ACGMARKETS gives us the opportunity to provide you with a Simulated Institutional environment for your assessment with Alpha Capital Group.
ACG MARKETS offering our traders an assessment environment which replicates:
– Extensive Institutional Trading Experience
– Prime or Prime Liquidity
– Ultra-low latency
– Targeted execution time of less than 30ms


Are there Commission Fees?

At Alpha Capital Group we currently offer 2 account types. Standard Assessment and Raw assessment. You can select which one you require at Checkout.
For our Standard Assessment, please note that there are no commission fees applicable to trades across all asset classes.
For our RAW Assessment, a charge of $2.5 per lot will be incurred for each transaction in both directions.
Please note; Indices are commission free across both account types.+


What happens if I violate a rule?

This depends on which rule you violate, some rules we classify as a soft breach, others are a hard breach and result in account failure, some rules if broken can result in a complete ban from our platform & funding.
We recommend thoroughly reading through our help centre to ensure you understand the requirements and rules.
Remember, real capital is at stake, if you are attempting to achieve funding of any level up to $200,000, it is imperative you take this seriously, and put the time in to understand the rules, objectives & requirements.


Free Monthly Trading Competition Rules

Our Free monthly Trading competitions are to allow traders to:
– Compete against other traders in a free competition to win discounts, free accounts.
– Try our platform before proceeding to a funding evaluation.
We have implemented the below rules to keep a level playing field, these restrictions do NOT apply to Alpha Pro funding plans, ONLY the free monthly trading competition.
Rule 1: No EA use.
Rule 2: Lot size limit per trade
– 10 lots FX / XAUUSD / XAGUSD
– 30 lots max Oil / CFDs / Indices
To provide clarification:
The maximum permissible exposure for FX & Metals is capped at 50 lots, which equates to the ability to maintain 5 positions with 10 lots each, whether on the same asset or across different assets simultaneously.
Again, the maximum exposure allowable for Oil/CFDs/Indices stands at 150 lots. This translates to the capacity to uphold 5 positions, each comprising 30 lots, either on a singular asset or spanning multiple assets concurrently.
Rule 3: Max number of open consecutive trades at any one time: 5
Rule 4: Max Daily Drawdown: 5%
Rule 5: Max total Drawdown: 10%
Rule 6: No taking advantage of unrealistic fills in the demo environment
Rule 7: Free entry (1 entry per person)
Rule 8: Max $$$ gain wins
https://help.alphacapitalgroup.uk/en/

Contact:

[email protected]
https://www.instagram.com/alphacapitalgroupuk


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