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Getting to Know Alpha Capital Group Prop Firm
In London, Alpha Capital Group functions as a prop trading firm. Launched in November 2021 by Andrew Blaylock and George Kohler, it’s officially registered in the UK.
Alpha Capital Group’s Corporate Name
Alpha Capital Group
Company Street Address
10 Lower Thames Street, Billingsgate, London, England, EC3R 6AF
Starting Year for Alpha Capital Group Prop Firm
November 2021
Business Location Registry for Alpha Capital Group
The firm abides by the regulations of the United Kingdom, operating within its legal frameworks.
Alpha Capital Group Prop Firm’s Ownership Explained
The executive management is ran by: George Kohler and Andrew Blaylock
What Trading Platforms Does Alpha Capital Group Offer?
A diverse and extensive selection of trading instruments is provided by Alpha Capital Group, accommodating a wide range of trading strategies and preferences, thereby offering a versatile trading environment.
Trading Instruments at Alpha Capital Group Prop Firm
At Alpha Capital Group, traders can choose from a comprehensive selection of instruments, providing options for every type of trader, from the novice experimenting with different strategies to the seasoned professional with specific preferences.
Payment Methods at Alpha Capital Group Prop Firm
Alpha Capital Group’s payment methods span traditional and digital realms, offering credit card facilities, alongside the convenience of e-wallets and the innovative option of cryptocurrencies, catering to a technologically-savvy trading audience.
Exploring Account Size Options at Alpha Capital Group
The variety in account sizes, from $10K to $200K, at Alpha Capital Group offers flexibility for traders at various points in their career. This approach enables traders to select an account size that aligns with their current trading strategy and growth objectives.
How Alpha Capital Group Prop Firm Shares Profits
With a policy of distributing 80% of profits to traders, Alpha Capital Group ensures significant financial rewards for successful trading activities. This approach aligns the interests of the traders with those of the firm, promoting better performance and higher profits.
Setting the Bar: Profit Targets at Alpha Capital Group
Clear profit goals are in place: 8% for the initial phase and 5% for the following phase, guiding traders.
Drawdown Rules and Loss Limits at Alpha Capital Group Prop Firm
The company has a 5% maximum daily loss rule and a 10% overall loss cap, which helps in curbing excessive risk-taking. This structure aids traders in maintaining control over their trades and in making more calculated decisions.
Trading Day Guidelines for Alpha Capital Group Prop Firm
The minimum virtual trading days for phase 1 and phase 2 assessments are set at 3, and it increases to 5 days for Qualified Analyst accounts.
In contrast, while there’s no maximum limit on virtual trading days for the assessments, this criterion is not relevant for Qualified Analyst accounts.
Overview of Alpha Capital Group Prop Firm’s Challenges and Rules
Navigating Challenges at Alpha Capital Group Prop Firm
A bi-level challenge system is in place, structured to appraise and bolster trading expertise.
Cost of Entry for Alpha Capital Group Prop Firm’s Challenge
The fee structure for challenges at Alpha Capital Group, starting from $97 to $997, caters to traders with different investment preferences. Lower fees encourage newcomers, while higher fees align with the needs of more committed traders.
Fees and Commissions: What to Expect at Alpha Capital Group
The company maintains a zero commission fee on all accounts and challenge sizes, focusing on assessing traders’ virtual strategies and risk management proficiency.
This uniform approach helps traders to benefit equally from the platform’s offerings. Moreover, Alpha Capital Group organizes Free Monthly Trading Competitions.
Information on Refunds at Alpha Capital Group Prop Firm
Alpha Pro Assessments are non refundable.
Free Trials
A free trial is available at Alpha Capital Group, giving traders the opportunity to familiarize themselves with the execution environment and advanced dashboard & trading analytics.
The company further enhances trader engagement with Free Monthly Trading Competitions.
Payout Timeline at Alpha Capital Group Prop Firm
Qualified virtual analysts at Alpha Capital Group benefit from bi-monthly same-day payouts for performance fees. Through ACG Markets, they can access their earnings every two weeks, with a streamlined payment process using bank transfer or Deel, ensuring timely and efficient access to funds.
Weighing the Pros and Cons of Alpha (According to Trustpilot reviews)
Receiving a commendable 4.6 out of 5 Trustpilot rating based on 1,453 reviews, Alpha Capital Group is frequently lauded for its effective customer service and the platform’s ease of use. Here are the pros and cons based on community feedback.
Plus side:
- Clients frequently praise the support team for their timely and effective help.
- Personalized assistance from specific team members receives positive feedback.
- Satisfaction with the payout process is noted, despite occasional delays.
- The customer service is often described as both professional and understanding.
- Traders appreciate the platform for its advantageous trading conditions, including low spreads and quick execution.
- Zero commission accounts and favorable spreads on products such as gold are well-regarded.
Negative side:
- Some clients have experienced delays and issues in phase transitions and payouts.
- Cases of slow email responses, in contrast with efficient live chat service, have been reported.
- Concerns have been raised about account security, especially in high-profit scenarios.
- The KYC process has led to dissatisfaction for some, due to challenges and rejections.
- Issues like slippage and questions about the integrity of price feeds have been noted.
- A few clients have expressed concerns over the firm’s transparency and fairness in their dealings.
Alpha Capital Group FAQ Section
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 doNOTapply to Alpha Pro funding plans,ONLYthe 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 forFX & Metalsis capped at50 lots, which equates to the ability to maintain5 positionswith 10 lots each, whether on the same asset or across different assets simultaneously.
Again, themaximum exposureallowable forOil/CFDs/Indices stands at 150 lots. This translates to the capacity to uphold5 positions, each comprising30 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:
[emailprotected]
https://www.instagram.com/alphacapitalgroupuk
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