Alpha Capital Group Review (15% discount code: FOREXPROPREVIEWS)
4.0

Alpha Capital Group Review (15% discount code: FOREXPROPREVIEWS)

Alpha Capital Group offers funding up to $2,000,000 for profitable traders who can demonstrate an ability to react to the markets, manage risk and most importantly generate profits.
Home » Alpha Capital Group Review (15% discount code: FOREXPROPREVIEWS)

Alpha Capital Group offers to fund traders worldwide with the intention of identifying hidden talents in their community. They focus on creating unique funding opportunities, so anyone is given a chance to become a professional trader.

Pros
  • Free Trial
  • Excellent Trustpilot rating of 4.6/5
  • Unlimited evaluation free retries
  • Maximum allocation capital of $2,000,000
  • Profit share 80%
  • Bi-weekly payouts
  • Overnight and weekend holding allowed
  • News trading allowed
  • Scaling account option
  • Leverage 1:100
  • Professional trading dashboard
Cons
  • 10 Minimum trading days
  • Limited trading instruments: Forex pairs, commodities, indices
  • Lot size limit & consistency rule
  • Minimum average trade duration of 2 minutes rule

Traders at Alpha Capital Group are provided with a platform that includes educational videos, market insights, trading strategies, mentoring, and custom-built trading technology to assist traders on their journey to becoming funded and becoming one of their proprietary traders. They allow them to trade account sizes up to $200,000 and take home profit splits of 80%. They can achieve this by trading forex pairs, commodities, and indices.

Who are Alpha Capital Group?

Alpha Capital Group is a proprietary firm incorporated on the 2nd of November, 2021. They have offices located in London, UK while offering traders a chance to work with capital up to $2,000,000 with 80% profit splits. They pride themselves on the launch of their own in-house proprietary execution brokerage, ACG Markets, which offers traders excellent trading conditions.

Their headquarters are located at 10 Lower Thames Street, Billingsgate, London, England, EC3R 6AF.

Funding program options

Alpha Capital Group offers its traders the following five evaluation program account sizes to choose from.

Evaluation program accounts

Account sizePrice
$10,000$97
$25,000$197
$50,000$297
$100,000$597
$200,000$997

Alpha Capital Group’s evaluation program account aims to identify serious and talented traders who are rewarded for their consistency in the two-phase evaluation period. The evaluation program account allows you to trade with 1:100 leverage.

Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. You are required to hit your profit target in 30 calendar days from the day you place your first position on your evaluation account. In addition, you also have a 10 minimum trading days requirement in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 4% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. You are required to hit your profit target in 60 calendar days from the day you place your first position on your evaluation account. In addition, you also have a 10 minimum trading days requirement in order to proceed to a funded account.

By completing both evaluation phases, you are awarded a funded account where you have no profit targets. You are only required to respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account. All the following payouts can also be submitted on a bi-weekly basis, on the 14th & 28th of each month. Your profit split will be 80% based on the profit you make on your funded account.

Evaluation program account scaling plan

Evaluation program accounts also have a scaling plan. You can request for scaling when you achieve a 10% growth on your trading account. Note that the scaling amount will be 10% of the balance on your funded account. In addition, the trader is able to withdraw full profits that were made on the funded account while simultaneously scaling the trading account. This means that you aren’t required to give up profits in order to scale your account balance.

Example:

The scaling profit target for evaluation program accounts is 10%.

First bi-weekly payout: You gain 6% and withdraw 80% of your profits.

Second bi-weekly payout: You gain 5% and withdraw 80% of your profits.

Your total profits have reached 11%, which makes you eligible for scaling since you have reached the 10% profit target.

Trading instruments for the evaluation program accounts are forex pairs, commodities, and indices.

Evaluation program account rules

  • Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. Phase one profit target is 8%, while phase two has a profit target of 4%. Funded accounts have no profit targets.
  • Maximum daily loss is the maximum loss a trader can reach on a daily basis before the account is violated. All account sizes have a maximum daily loss of 5%.
  • Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 10%.
  • Minimum trading days is the minimum period which you are required to trade for before you can complete an evaluation phase, or request a withdrawal. Both phases have a 10 minimum trading day requirement. However, you have no minimum trading day requirements on a funded account.
  • Maximum trading days are the maximum period in which you are required to hit a specific profit target or withdrawal target. Phase one has a maximum of 30 trading days, while phase two has a maximum of 60 trading days.
  • Lot size limit requires traders to follow specified lot sizes for specific trading instruments. These are usually set based on the initial account balance of the prop firm account. The maximum lot size is 4 lots per $10k of account capital.
  • Lot size consistency is a rule that requires traders to use similar lot sizes on the positions that they open. It is usually specified by a certain percentage of how much the lot sizes can differentiate from each other. If you reach your profit target before the minimum trading days, you can reduce your lot by a maximum of 75% (not more) in order to finish the remaining minimum trading days requirement.

Example of the Lot size consistency rule:

Total lots traded: 200 lots

Total trades: 20 trades

Average lot (Total lots traded/Total trades): 10 lots

Minimal lot requirement (75% reduction): Average lot x 0.25 = 2.5 lots

  • No martingale allowed means that traders are not allowed to use any type of martingale strategy while trading.
  • Average trade duration is a rule that requires traders to set a specific time limit for their trades to be held before closing them. The average trade duration required is 2 minutes.
  • Third-party copy trading risk means that if you intend to use copy trading services, you should keep in mind that by using a third-party copy trading service, there might be other traders that are already using it and therefore exactly the same trading strategy. By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
  • Third-party EA risk means that if you intend to use an EA, you should keep in mind that by using a third-party EA, there might be other traders that are already using it and therefore using exactly the same trading strategy. By using a third-party EA, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.

What makes Alpha Capital Group different from other prop firms?

Alpha Capital Group is different from most industry-leading prop firms due to offering five different two-step evaluation account sizes with straightforward rules. You have relatively low profit targets for both evaluation phases while also being able to trade during news, hold trades overnight, and during the weekends.

Alpha Capital Group evaluation program accounts have a two-phase evaluation that requires traders to complete two phases before being eligible for payouts. The profit target is 8% in phase one and 4% in phase two, with a 5% maximum daily and 10% maximum loss rules. In addition, you also have a 10 minimum trading days requirement in both phases before becoming funded. Evaluation program accounts also have a scaling plan. Compared to other industry-leading prop firms, they have relatively low profit targets with straightforward trading objectives and rules.

Example of comparison between Alpha Capital Group & E8 Funding

Trading ObjectivesAlpha Capital GroupE8 Funding
Phase 1 profit target8%8%
Phase 2 profit target4%5%
Maximum daily loss5%5%
Maximum loss10%8% (Scaleable to 14%)
Minimum trading days10 calendar daysNo minimum trading days
Profit split80%80%

Example of comparison between Alpha Capital Group & FundedNext

Trading ObjectivesAlpha Capital GroupFundedNext
Phase 1 profit target8%10%
Phase 2 profit target4%5%
Maximum daily loss5%5%
Maximum loss10%10%
Minimum trading days10 calendar days5 calendar days
Profit split80%80% up to 90%

Example of comparison between Alpha Capital Group & My Forex Funds

Trading ObjectivesAlpha Capital GroupMy Forex Funds
Phase 1 profit target8%8%
Phase 2 profit target4%5%
Maximum daily loss5%5%
Maximum loss10%12%
Minimum trading days10 calendar days5 calendar days
Profit split80%75% up to 90%

In conclusion, Alpha Capital Group is different from other industry-leading prop firms by offering four different evaluation account sizes with straightforward rules. In addition, traders are also able to trade during news, hold trades overnight, and during the weekends.

Is getting Alpha Capital Group capital realistic?

It’s essential to see how realistic the trading requirements are when looking at prop firms that best suit your forex trading style. For example, a company offering a high % profit split on a highly funded account sounds great, but if they expect high % gains per month with low % maximum drawdowns, your chances of success become close to zero.

Receiving capital from the Evaluation program accounts is realistic mostly since they have relatively low profit targets (8% in phase one and 4% in phase two) with average maximum loss rules (5% maximum daily and 10% maximum loss).

After considering all of that, Alpha Capital Group is an excellent choice to get funded since you have five different two-step evaluation account sizes you can choose from that have realistic trading objectives to follow and conditions to receive payouts.

Payment proof

Alpha Capital Group was incorporated on the 2nd of November, 2021. After getting funded, traders are eligible for bi-weekly payouts with no minimum profit targets. To be exact, withdrawals can be requested on the 14th & 28th of each month. You can see two examples of payout proof below:

Payout proof 1

Payout proof 2

Note that you can find more payout proof, as seen above, by joining their Discord channel under the ”payout proof’ channel.

Which brokers does Alpha Capital Group use?

Alpha Capital Group has its broker named ACG Markets as their trading server. They are a proprietary brokerage exclusively made for Alpha Capital Group that offers excellent trading conditions.

ACG Markets offers traders the following:

  • Institutional Trading Experience
  • Prime Liquidity
  • Ultra-low Latency
  • Sub 30ms Targeted Execution Time
  • Raw Spreads from 0.1
  • Trading Instruments: Forex Pairs, Commodities, and Indices

As for trading platforms, they allow you to trade on MetaTrader 5. However, you should note that you are able to copy trades from your personal MetaTrader 4 or cTrader accounts.

Trading instruments

Alpha Capital Group allows you to trade forex pairs, commodities, and indices with 1:100 leverage.

FOREX:AUD/CADAUD/CHFAUD/JPYAUD/NZDAUD/USD
CAD/CHFCAD/JPYCHF/JPYEUR/AUDEUR/CADGBP/USD
EUR/USDEUR/CHFEUR/GBPEUR/JPYEUR/NZDGBP/AUD
GBP/CADGBP/CHFGBP/JPYGBP/NZDGBP/SGDNZD/CAD
NZD/CHFNZD/JPYNZD/USDUSD/CADUSD/CHFUSD/JPY
COMMODITIES:XAU/USDXAG/USDUSOilUKOil
INDICES:US500EUSTX50GER30HK50JPN225
NAS100UK100US30

Trading fees

Trading commission:

AssetsFee terms
FOREX0 USD / LOT
COMMODITIES0 USD / LOT
INDICES0 USD / LOT

Spread:

In order to check the live spreads login to the trading account below:

PlatformServerLogin numberPasswordDownload platform
MetaTrader 5ACGMarkets-Live111245787ForexpropreviewsClick here

Education & Support for traders

Alpha Capital Group is planning on offering traders educational courses and strategies to develop all of their potential traders. To acquire this, an individual will be able to join Alpha Academy. In addition, they also offer numerous Automated Trading Systems tailored for their traders.

On the other hand, they have a thread about them on Forex Factory to discuss details about the firm and the features they provide to other users.

Alpha Capital Group doesn’t have its own thread on ForexFactory.However, they can be found on another thread on ForexFactory named ‘’PROP FIRM HUB’’ made by MasterrMind, where Alpha Capital Group gets mentioned numerous times.

To see the mentioned thread click here.

They are also one of the few prop firms that have an option of a free trial before starting with the evaluation challenge so you can prepare yourself and reduce the chances of errors happening when you do decide to purchase the challenge.

They provide a well-structured dashboard that all of their clients can access, making it easier to manage risk with all the objectives of their statistics.

Traders’ comments about Alpha Capital Group

Alpha Capital Group has excellent feedback from reviews.

On Trustpilot, they have a large variety of their community commenting and giving positive feedback with a great score of 4.6/5 out of 134 reviews. They also have a fast and reliable support team that will provide you with all the necessary information you require from them. Additionally, they will also help and guide you to a solution if you encounter any type of problem.

A member of their community also stated that their support team is incredibly helpful. They are fast and prompt with their replies while always guiding you to the solution to the problem or simply the answer that you require.

A vast majority of the community praises Alpha Capital Group’s well-structured dashboard and the fact that they charge no commissions while trading with them.

Social media statistics

Alpha Capital Group can also be found on social media.

They have a:

  • Instagram account with 3,739 followers,
  • Facebook page with 40k followers,
  • Youtube channel with 517 subscribers and 102 uploaded videos, and
  • Discord channel with 2,145 members.

Support

Alpha Capital Group has a FAQ page where you can find the most general information and rules regarding their proprietary trading firm and funding program rules.

However, if you have additional questions, be sure to contact them on their live chat support team through their website. They have a very reliable support team that will help you come to a conclusion no matter the problem.

The support team is available on their social media, or you can directly contact them by their email at support@alphacapitalgroup.uk.

And lastly, you can also contact their support team through their Discord channel, where you can also communicate with other members of their community.

Conclusion

In conclusion, Alpha Capital Group is a legitimate proprietary trading firm that offers traders a chance to choose between five different two-step evaluation account sizes with straightforward trading rules.

Evaluation programs are industry-standard two-phase evaluation challenges that require the completion of two phases before becoming funded and being eligible to earn profit splits. Alpha Capital Group requires traders to reach profit targets of 8% in phase one and 4% in phase two before becoming funded. These are realistic trading objectives considering you have a 5% maximum daily and 10% maximum loss rules to follow. With evaluation programs, you can earn 80% profit splits while also being able to scale your accounts.

I would recommend Alpha Capital Group to anyone who is looking for a prop firm with straightforward trading rules. While they are still a relatively new firm, they offer excellent conditions for a big pool of individuals with unique trading styles. After considering everything Alpha Capital Group has to offer, they are for sure one of the better proprietary trading firms in the industry.

This review about Alpha Capital Group was lastly updated on 20.01.2023 at 09:59 (CE(S)T).

So, what do you think about the layout of the Proprietary Trading firm? Does Alpha Capital Group have the instruments that you want to trade?

Let us know if you enjoyed our Alpha Capital Group Proprietary Trading firm review!

Alpha Capital Group Review (15% discount code: FOREXPROPREVIEWS) Details

Trading platform
Deposit Methods
Withdrawal Methods
Tradable instruments
Brokers
Account Currencies
Leverage
Maximum capital allocation
Account size up to:
$200,000
Use code for 10% discount: FOREXPROPREVIEWS
*Choose your account type and start trading
4.0
Fees
4.0
Trading platform
4.0
Deposit and withdrawal
4.0
Customer Support
4.0 Overall Rating

Leave a Reply

Your email address will not be published. Required fields are marked *

Forex Prop Reviews
© 2021 Forex Prop Reviews. All rights reserved. Created with ❤️ for trading