![Alpha Capital Group Prop Firm Review [2024 Challenges] (1)](https://i0.wp.com/www.forexbonuses.org/wp-content/uploads/2024/04/review-002-1024x594.webp "Alpha Capital Group Prop Firm Review [2024 Challenges] (1)")
Alpha Capital Group offers trading challenges tailored for different skill levels and capital requirements. Their challenges start at $10K with a price tag of $97 and extend up to $200K for a $997 fee. Each challenge maintains an 80% profit share for the trader and offers leverage of 1:100.
Alpha Capital Group Coupon Code Discount
For those interested, a coupon code is available. Use ACGWIN at checkout for a discount.
About Alpha Capital Group
Alpha Capital Group is a prop trading firm based in London. It was established in November 2021 by Andrew Blaylock and George Kohler and is registered in the UK.
What is Alpha Capital Group’s company name?
Alpha Capital Group.
What is Alpha Capital Group’s address?
10 Lower Thames Street, Billingsgate, London, England, EC3R 6AF.
When was Alpha Capital Group established?
November 2021.
Where is Alpha Capital Group’s prop firm business registered?
Alpha Capital Group is registered within the jurisdiction of the United Kingdom, adhering to its regulatory frameworks.
Who is the owner of Alpha Capital Group’s prop firm?
Andrew Blaylock and George Kohler.
Explore Alpha Capital Group’s opportunities — Visit Now
Alpha Capital Group TrustPilot Reviews
With a 4.6 rating on TrustPilot from 1,453 reviews, feedback for Alpha Capital Group is generally positive, highlighting supportive customer service and a user-friendly platform. Some suggestions for improvement include expanding the range of assets available for trading.
Pros
- Support team is highly praised for their assistance and responsiveness.
- Personalized support from specific team members mentioned positively.
- Clients report satisfaction with receiving payouts, though sometimes with slight delays.
- The overall customer service experience is described as professional and patient.
- The platform is recognized for good trading conditions, including low spreads and fast execution.
- Zero commission accounts and reasonable spreads on instruments like gold are appreciated.
Cons
- Some clients experienced delays and complications with phase transitions and payouts.
- Instances of slow responses from the official email, despite prompt live chat communication.
- Reports of accounts being closed or breached, particularly when large profits are involved.
- KYC process challenges and rejections have led to some dissatisfaction.
- Complaints about slippage and manipulation of price feeds.
- A few clients felt the firm was not transparent or fair in their dealings.
Trading Platforms at Alpha Capital Group
Alpha Capital Group supports multiple trading platforms and virtual trading environment similar to live environments, each with its own set of features. TradeLocker, their proprietary platform, stands out for its low-latency trading and advanced tools.
Instruments at Alpha Capital Group
Traders can choose from a wide selection of instruments, with a number that caters to various trading preferences and strategies.
Payment Options at Alpha Capital Group
Payment methods include traditional options like credit cards, as well as e-wallets and cryptocurrency, accommodating a range of preferences.
Alpha Capital Group Challenge Structure
The challenges are two-step processes designed to assess and advance trading skills.
Challenge Pricing at Alpha Capital Group
Challenge fees range from $97 to $997, providing entry points at various levels for traders.
Account Sizes at Alpha Capital Group
Account sizes offered range from $10K to $200K, allowing for scalable growth in trading.
Profit Sharing at Alpha Capital Group
Alpha Capital Group offers an 80% profit split, providing a significant share of profits to traders.
Profit Targets at Alpha Capital Group
Profit targets are set at 8% for the first phase and 5% for the second phase, offering clear goals for traders.
Max Drawdown and Loss at Alpha Capital Group
A max daily loss of 5% and total loss limit of 10% are in place to encourage responsible trading.
Trading Days at Alpha Capital Group
Minimum Virtual Trading Days: 3 days (for phase 1 and phase 2 assessments) and 5 days when operating a Qualified Analyst account.
Maximum Virtual Trading Days: Unlimited (for phase 1 and phase 2 assessments) and N/A for Qualified Analyst account.
Fees and Commissions at Alpha Capital Group
$0 commission all accounts and challenge sizes – at Alpha, they evaluate how well your virtual strategies risk management and performance, this means all traders benefit from the same 0 commission accounts.
Keep in mind they also offer Free Monthly Trading Competitions.
Refundable Fees at Alpha Capital Group
Alpha Pro Assessments are non refundable.
Free Trial at Alpha Capital Group
Alpha Capital Group offers a free trial, allowing traders to test the execution environment and also market leading dashboard & trading analytics. They also offer Free Monthly Trading Competitions.
Payout Frequency at Alpha Capital Group
Bi-monthly same-day performance fee payment. Every 2 weeks their partner broker ACG Markets allows qualified virtual analysts to withdraw from their accounts. performance fees are processed same day via bank transfer or Deel.
FAQ from Alpha Capital Group
The FAQ section on their website answers common questions, providing clarity on their rules and procedures:
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 winshttps://help.alphacapitalgroup.uk/en/
Contact:
[emailprotected]
https://www.instagram.com/alphacapitalgroupuk
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