Alpha Capital Group
Company Background: Alpha Capital Group aims to provide traders with the tools and capital they need to succeed in the financial markets. They focus on helping traders develop their strategies and skills.
Year Established: November 1, 2021
Head Office Location: London, United Kingdom.
Prohibited Countries: North Korea, Iran, Syria, Sudan, Other countries under international sanctions
Associated Brokers: No specific broker association mentioned.
Evaluation Description: The evaluation process consists of two phases. In Phase 1, traders have unlimited days to achieve an 8% profit target with a maximum daily loss of 5% and a maximum total loss of 10%. In Phase 2, the profit target is 5% with the same loss limits.
Funded Trader Benefits: Funded traders can trade with the firm’s capital and earn performance fees based on their trading success.
Profit Split: The profit split for traders who pass the evaluation is 80%.
Account Size (USD): N/A
Max Trading Days: N/A
Min Trading Days: N/A
Max Daily Loss: 5%
Max Total Loss: 10%
Profit Target: 8%
Challenge Fee (USD): $299 - $899 depending on the account size
Fee Refundable: Yes, upon successful completion
News Trading Allowed: Yes
EAs Allowed: Yes
Copy Trading Allowed: Yes
Describe Scaling Plan: Alpha Capital Group offers a scaling plan where traders' accounts can be increased based on consistent performance.
Scaling Plan Requirements:
Min Months Prior to Scaling: 4 months
Total Minimum Profit Percentage Achieved: 10%
Positive Account Balance Required: Yes
Increased Profit Split: Yes, up to 90%
Max Account Value: Up to $1,000,000
Trading Platforms Used: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Tools & Services Provided by the Prop Firm: Proprietary trading tools, educational resources, and performance analytics.
Prop Firm Trading Educational Material Provided: N/A
Testimonials:
Trustpilot Rating: 4.4
Number of Trustpilot Reviews: 120
Prop Firm Social Presence: - Instagram (15k followers) - Facebook (10k followers) - Twitter (5k followers)
Online Opinion of Prop Firm: Alpha Capital Group is considered trustworthy based on positive testimonials and transparent operational details.