FundedNext & Alpha Capital Group Two-step Comparison

In this article, we will be making a general and two-step comparison between FundedNext and Alpha Capital Group. We will compare the two mentioned proprietary trading firms in general and what they are offering to forex traders worldwide.

Company Details

Company Details	FundedNext	Alpha Capital Group
Incorporation Date	March 2022	November 2021
CEO	Abdullah Jayed	George Kohler
Office Location	United Arab Emirates & Bangladesh	London, UK
Maximum Allocation Capital	$300,000	$400,000

FundedNext and Alpha Capital Group are both reliable and trustworthy proprietary trading firms. FundedNext was incorporated in March 2022, while Alpha Capital Group started operating in November 2021. When it comes to CEOs, Abdullah Jayed is the CEO of FundedNext, while Alpha Capital Group is being run by George Kohler. FundedNext has offices located in the United Arab Emirates and Bangladesh, while Alpha Capital Group has its headquarters in London, UK. And lastly, when it comes to the maximum allocation capital, traders can manage $300k two-step evaluation accounts with FundedNext, while with Alpha Capital Group, traders can obtain funding up to $400k. Note that both proprietary trading firms also have a scaling plan.

Funding Program Options

Funding Program Options	FundedNext	Alpha Capital Group
One-step Evaluation	✅	❌
Two-step Evaluation	✅	✅

FundedNext and Alpha Capital Group both offer multiple funding programs to forex traders worldwide. FundedNext offers two one-step evaluations and two two-step evaluations. Alpha Capital Group, on the other hand, offers a two-step evaluation.

That being said, let’s take a look at the comparison of the two-step evaluation programs.

Two-step Comparison:

Trading Rules/Objectives	FundedNext (Evaluation)	FundedNext (Stellar)	Alpha Capital Group
Phase 1 Profit Target	10%	8%	8%
Phase 2 Profit Target	5%	5%	5%
Daily Drawdown	5%	5%	5%
Overall Drawdown	10%	10%	10%
Leverage	1:100	1:100	1:100
Minimum Trading Days	5 calendar days	5 calendar days	3 calendar days
Trading Period	Step 1: 30 calendar days Step 2: 60 calendar days	Step 1: Unlimited Step 2: Unlimited	Step 1: Unlimited Step 2: Unlimited
Profit Split	80% up to 90%	80% up to 90%	80%

Now that we have covered all the rules and guidelines of the two-step evaluation. Let’s take a closer look at prices.

Account Size	FundedNext (Evaluation)	FundedNext (Stellar)	Alpha Capital Group
$6,000	$49	$59	❌
$10,000	❌	❌	$97
$15,000	$99	$119	❌
$25,000	$199	$199	$197
$50,000	$299	$299	$297
$100,000	$549	$519	$497
$200,000	$999	$999	$997

Brokers & Trading Platforms

After covering all the trading objectives, rules, and pricing, let’s take a closer look at brokers and trading platforms that we can use with each proprietary trading firm.

	FundedNext	Alpha Capital Group
Broker	Incenteco, GrowthNext	ACG Markets
Trading Platform	MetaTrader 4, MetaTrader 5	MetaTrader 5, cTrader

Trading Instruments

Another important factor when comparing proprietary trading firms is trading instruments. Below you can see which trading instruments we can trade with FundedNext and Alpha Capital Group.

Trading Instrument	FundedNext	Alpha Capital Group
Forex Pairs	✅	✅
Commodities	✅	✅
Indices	✅	✅

Community Feedback

The last topic we will go through is community feedback from FundedNext and Alpha Capital Group. We will be looking at feedback from Trustpilot regarding both proprietary trading firms.

Trustpilot Statistics	FundedNext	Alpha Capital Group
Rating	4.7/5	4.7/5
Number of Reviews	7,049	545

FundedNext has a rating of 4.7/5 out of a total of 7,049 reviews, while Alpha Capital Group has a rating of 4.7/5 out of 545 reviews. Based on the statistics, we can clearly see that FundedNext is the more popular proprietary trading firm at the moment.

Conclusion

In conclusion, FundedNext and Alpha Capital Group are two excellent proprietary trading firm choices for any trader. We can see some clear differences regarding the trading rules and objectives, prices, and community feedback. In addition, we can also see that there is a difference regarding funding program options since FundedNext offers the following four: two one-step evaluations and two two-step evaluations. On the other hand, Alpha Capital Group offers a two-step evaluation.

We will be ending the comparison with our special discount codes for each of the two compared proprietary trading firms. You can find both discount codes below!

FundedNext 10% discount code: FOREXPROPREVIEWS

Alpha Capital Group 15% active discount code: FOREXPROPREVIEWS

This comparison was lastly updated on 04,10.2023 at 10:21 (CE(S)T).