27. Alpha Capital Group

Alpha Capital Group provides global funding opportunities to traders with the goal of discovering undiscovered talents within their community. Their primary focus is on generating distinctive funding prospects, ensuring that individuals from all backgrounds have the opportunity to pursue a career as a professional trader.

Alpha Capital Group equips traders with a comprehensive platform comprising educational videos, market insights, trading strategies, mentorship, and tailor-made trading technology. This platform aids traders in their quest to secure funding and join the ranks of Alpha Capital Group's proprietary traders. Traders are empowered to operate with account sizes of up to $200,000 and enjoy profit splits of 80%. They have the opportunity to achieve these rewards by engaging in trading activities involving forex pairs, commodities, and indices.

Who are Alpha Capital Group?

Established on November 2nd, 2021, Alpha Capital Group is a proprietary trading firm headquartered in London, UK. They provide traders with an opportunity to operate with capital up to $2,000,000, while enjoying 80% profit splits.

Alpha Capital Group takes pride in the introduction of their proprietary execution brokerage, ACG Markets, which offers traders exceptional trading conditions.

The primary office of Alpha Capital Group is situated at 10 Lower Thames Street, Billingsgate, London, England, with the postal code 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 Size - Prices

$10,000 - $97

$25,000 - $197

$50,000 - $297

$100,000 - $497

$200,000 - $997

Alpha Capital Group's evaluation program account is designed to identify dedicated and skilled traders who are rewarded for their consistency throughout the two-phase evaluation period. The evaluation program account allows traders to trade with leverage of 1:100.

During evaluation phase one, traders must achieve a profit target of 8% without exceeding the 5% maximum daily loss or 10% maximum loss rules. This profit target must be reached within 35 calendar days from the date of placing the first position on the evaluation account. Additionally, traders must fulfill a minimum requirement of three trading days to proceed to phase two.

In evaluation phase two, traders need to attain a profit target of 5% while adhering to the 5% maximum daily loss and 10% maximum loss rules. This profit target should be reached within 60 calendar days from the date of placing the first position on the evaluation account. Similarly, traders must meet a minimum requirement of three trading days to advance to a funded account.

Successful completion of both evaluation phases grants traders a funded account without profit targets. Traders are only obligated to adhere to the 5% maximum daily loss and 10% maximum loss rules. The first payout is scheduled for 14 calendar days from the date of placing the first position on the funded account. Subsequent payouts can be submitted bi-weekly on the 14th and 28th of each month. Traders will receive an 80% profit split based on the profit generated from their funded account.

Evaluation program account scaling plan

The evaluation program accounts at Alpha Capital Group incorporate a scaling plan, which allows traders to request for scaling when they achieve a 10% growth on their trading account. It's important to note that the scaling amount will be 10% of the balance on the funded account. Moreover, traders have the flexibility to withdraw their full profits earned from the funded account while simultaneously scaling their trading account. This means that traders do not need to sacrifice profits in order to increase their account balance.

For instance:

If the scaling profit target for evaluation program accounts is 10%:

During the first bi-weekly payout, if you gain 6% in profits, you can withdraw 80% of that profit.

During the second bi-weekly payout, if you gain 5% in profits, you can also withdraw 80% of that profit.

With a total profit of 11%, you become eligible for scaling since you have surpassed the 10% profit target.

The trading instruments available for evaluation program accounts include forex pairs, commodities, and indices.

Evaluation program account rules

• In the evaluation program, a profit target represents a specific percentage of profit that traders must achieve in order to complete an evaluation phase, withdraw profits, or scale their account. The profit target for phase one is set at 8%, while phase two requires a profit target of 5%. On the other hand, funded accounts do not have any profit targets associated with them.

• The maximum daily loss refers to the highest allowable loss that a trader can incur within a single day before their account is considered violated. For all account sizes, there is a uniform maximum daily loss limit of 5%.

• The maximum loss represents the maximum cumulative loss that a trader can reach before their account is considered violated. Across all account sizes, there is a consistent maximum loss limit of 10%.

• Minimum trading days refer to the mandatory duration for which traders must engage in trading activities before they can successfully complete an evaluation phase or request a withdrawal. Both evaluation phases, phase one and phase two, have a minimum trading day requirement of three days. However, once traders have transitioned to a funded account, there are no minimum trading day requirements to fulfill.

• Maximum trading days represent the upper limit of the timeframe within which traders must achieve a specific profit target or withdrawal target. In phase one of the evaluation program, traders have a maximum of 35 trading days to reach their target. Similarly, in phase two, the maximum trading days allowed is 60.

• The lot size limit refers to the requirement for traders to adhere to predetermined lot sizes for different trading instruments. These lot sizes are typically determined based on the initial account balance of the proprietary firm account. Traders can ascertain the maximum number of lots they can open for all currency pairs at any given time, depending on the size of their funded account.

• $10,000 – 5 lots

• $25,000 – 10 lots

• $50,000 – 20 lots

• $100,000 - 40 lots

• $200,000 – 80 lots

• The restriction on using martingale strategy implies that traders are prohibited from employing any form of martingale strategy during their trading activities.

• The average trade duration rule mandates traders to establish a predetermined time limit for holding their trades before closing them. As per the rule, traders are required to maintain an average trade duration of 2 minutes.

• The risk associated with third-party copy trading refers to the potential implications of utilizing copy trading services offered by external providers. When engaging in such services, it is important to consider that other traders may already be employing the same trading strategy through the third-party platform. As a result, utilizing a third-party copy trading service may pose a risk of being denied a funded account or facing restrictions on withdrawals if it exceeds the maximum capital allocation rule.

• The risk associated with third-party Expert Advisors (EAs) arises from the possibility that other traders may already be utilizing the same trading strategy through the same third-party EA. If you choose to employ a third-party EA, it is important to note that there is a potential risk of being denied a funded account or encountering limitations on withdrawals if your usage exceeds the maximum capital allocation rule.

What makes Alpha Capital Group different from other prop firms?

Alpha Capital Group stands out among industry-leading proprietary firms by offering a selection of five distinct evaluation account sizes, each following a two-step evaluation process with clear rules. Notably, Alpha Capital Group allows traders to have relatively modest profit targets in both evaluation phases, along with the flexibility to trade during news events, hold trades overnight, and even throughout weekends.

The evaluation program at Alpha Capital Group consists of a two-phase evaluation process that traders must successfully complete to become eligible for payouts. In phase one, the profit target is set at 8%, while in phase two, it is lowered to 5%. Traders must adhere to the 5% maximum daily loss and 10% maximum loss rules throughout both phases. Additionally, there is a requirement of a minimum of three trading days in each phase before progressing to a funded account.

Moreover, Alpha Capital Group's evaluation program accounts include a scaling plan, offering further opportunities for growth. When compared to other prominent proprietary firms, Alpha Capital Group sets relatively achievable profit targets, providing traders with straightforward trading objectives and rules.

A comparative example between Alpha Capital Group and FTMO:

A comparative example between Alpha Capital Group and True Forex Funds:

A comparative example between Alpha Capital Group and My Forex Funds:

Is getting Alpha Capital Group capital realistic?

When assessing proprietary firms that align with your forex trading style, it is crucial to evaluate the realism of their trading requirements. While a company may offer an attractive profit split on a generously funded account, it is essential to consider whether they expect excessively high percentage gains per month alongside minimal percentage maximum drawdowns. Such expectations could significantly diminish your chances of success.

In this regard, receiving capital from Alpha Capital Group's Evaluation program accounts appears realistic due to their relatively low profit targets of 8% in phase one and 5% in phase two. These accounts also feature reasonable maximum loss rules, with a 5% maximum daily loss and a 10% maximum overall loss.

Considering these factors, Alpha Capital Group presents an excellent choice for obtaining funding. The availability of five different two-step evaluation account sizes ensures that traders can select options that come with realistic trading objectives and conditions for receiving payouts.

Payout proof

Which brokers does Alpha Capital Group use?

Alpha Capital Group operates its trading server through its exclusive proprietary brokerage called ACG Markets. ACG Markets provides traders with exceptional trading conditions, offering the following features:

• Institutional Trading Experience: ACG Markets ensures traders have access to a professional trading environment.

• Prime Liquidity: Traders can benefit from high-quality liquidity for efficient order execution.

• Ultra-low Latency: ACG Markets aims to provide minimal delay in order execution.

• Sub 30ms Targeted Execution Time: Traders can expect fast and timely execution of their trades.

• Raw Spreads from 0.1: ACG Markets offers competitive spreads starting from as low as 0.1 pips.

• Trading Instruments: ACG Markets supports trading in a range of instruments, including Forex pairs, commodities, and indices.

Regarding trading platforms, Alpha Capital Group allows traders to utilize MetaTrader 5. It's important to note that traders also have the option to copy trades from their personal MetaTrader 4 or cTrader accounts, providing flexibility and convenience in trading across different platforms.

Trading instruments

Traders’ Comments about Alpha Capital Group

Summary

To summarize, Alpha Capital Group is a reputable proprietary trading firm that provides traders with the opportunity to select from five different two-step evaluation account sizes featuring clear trading rules.

The evaluation programs at Alpha Capital Group follow the industry-standard two-phase evaluation structure, which must be successfully completed to become funded and eligible for profit splits. Traders are required to achieve profit targets of 8% in phase one and 5% in phase two, which are realistic objectives, especially when considering the 5% maximum daily loss and 10% maximum loss rules that need to be adhered to. By participating in the evaluation programs, traders can earn 80% profit splits and have the option to scale their accounts.

I highly recommend Alpha Capital Group to individuals seeking a proprietary trading firm with transparent trading rules. Despite being a relatively newer firm, they offer excellent conditions that cater to a wide range of traders with diverse trading styles. After evaluating all aspects of Alpha Capital Group, it is evident that they are one of the top-tier proprietary trading firms in the industry.