- What is Alpha Capital Group?
- Alpha Capital Group Pros Cons
- Is Alpha Capital Group Legit?
- Alpha Capital Group Challenge
- Funded Account
- Account Conditions
- Payout
- Alpha Capital Group Alternative
Our Review Method
- 55Brokers Financial Experts with over 15 years of experience in Trading check and verify carefully Proprietary Trading Firm offerings and what the challenge you have to pass to become a Funded Trader to give an expert opinion on Alpha Capital Group and its reliability
What is Alpha Capital Group?
Alpha Capital Group is a trading education and training platform that offers simulated or virtual trading experiences to its customers. It focuses on helping traders learn effective trading strategies without engaging in actual financial transactions, thus not requiring authorization for regulated investment activities. Alpha Capital Group seeks to fund talented traders with live trading accounts, offering up to $200,000 with the potential for capital growth plans up to $2,000,000 for those demonstrating effective risk management and market responsiveness.
Alpha Capital Group, as a proprietary trading firm, provides a distinctive opportunity for individuals to participate in actual trading with minimal personal funds required. To become a funded trader, which means trading with the company’s funds, all a trader needs to do is successfully complete a test or challenge to gain access to a funded account. Once achieved, they can trade with a company account like a professional trader. Read more about Prop Trading here.
| Alpha Capital Group Advantages | Alpha Capital Group Disadvantages |
|---|---|
| Lower Profit Target | No Strict Overseeing |
| Good Pricing | It is hard to become Funded Trader |
| Great variety of Balances with Low Registration Fees | Limited Instrument Range |
| Profit Share from Challenge | Only MetaTrader Platform |
| MT5 and MT4 with EAs | |
| Refundable Fee once you become Funded Trader | |
| Good range of Challenge Models | |
| Free Competitions |
Is Alpha Capital Group Legit?
Alpha Capital Group is based in the United Kingdom, which indicates its operations and services are rooted in a major financial hub. The company’s UK base adds to its credibility, offering a strategic location known for strict financial regulations and a strong legal framework.
- However, as a typical rule, compared to Forex Brokers, Prop Trading firms are not operating under the Forex Broker license, therefore, are much less regulated and are not overseen by the industry regulators, as such are not highest level safe, since company is the one who maintains the whole operation and giving Funds to run Trading activity, so is important to understand all risks involved.
Is Alpha Capital Group Scam?
We examined the official information concerning Alpha Capital Group and found no evidence suggesting that the company operates as a scam. However, it’s important to note that proprietary trading firms generally do not fall under strict regulation by financial authorities, making it challenging to categorically determine the legitimacy or the true nature of such firms.
As our professional advise, it is best to learn well about Prop Trading, understand risks and choose Company with a good reputation also one operate for many years so the proposal is more stable. Yet, since you do not invest much money to trading but just pay subscription fees the potential losses still considered lower if compared to engaging into Real Trading with your own funds.
Alpha Capital Group Challenge Evaluation Rules
Getting to the most important point in our Alpha Capital Group Review is to check how the evaluation challenge is established and what are the conditions to sign-in for trading challange. It means what kind of test you have to pass in order to obtain Funded Trading Account and become a Proprietary Trader, also what are your costs as a trader to become one typically based on Registration Fee.
- The main goal of Challange or Test to prove your trading ability, while theEvaluation divided in 2 phases at Alpha Capital Goup with profit targets based on the Account Size you choose. Typically 1 Phase rules are more tight, while Phase 2 gives slightly wider conditions alike to Drawdown mainly caters to prove the sustainability of your trading activity along the time.
Account Balance and Registration Fee
Before you get started for Alpha Capital Group login you will need to select the Model and Account Balance for which you would like to qualify for, based on the size you choose the conditions of the challenge are slightly different. Besides it reflects on registration fee, which you have to pay to the company to participate into the challenge, yet Alpha Capital Groupoffers a refund of the fee once you become Funded Trader.See our Registration Fee comparison table below:
- Alpha Capital Group’s evaluation process is designed to assess and qualify traders before providing them with funded trading accounts.
- Overall, Alpha Capital Group Fee conditions and Account Balances are quite attractive, we found account size and fees starts from lower than competitors’ level, which is a plus.
- Alpha Capital Grou provides quite a diverse range of starting balance options which includes from $10,000 to $200,000
| Fees | Alpha Capital Group | FTMO | The Funded Trader |
|---|---|---|---|
| Minimum Account Size | $25,000 | $10,000 | $50,000 |
| Fee | $250 | €155 | $289 |
| Maximum Account Size | $2,000,000 | $200,000 | $400,000 |
| Fee | $15,000 | €1 080 | $1,869 |
| Reset or Test Retake | Yes | Yes | Yes |
| Is Fee Refundable? | Yes | Yes | Yes |
Profit Target
So the challenge itself includes numerous rules you have to follow to prove your sucessful strategy and performance, one the most important parameters is Profit Target, which is set based on the challenge you select. The firm’s evaluation program aims at a 10% profit target, with rules in place to manage risk effectively
Maximum Loss
That is another challanging rule included in ever Prop Trading test, it is important to clarify there are two Loss levels important to follow, one is Maximum Daily Loss set to 5% for all Account and Maximum Overall Loss set to 6%.
- To clarify well All set rules have to be in line at the stage of challenge, otherwise your test will be canceled and you will either have to reset it, meaning pay another reset fee to participate to challenge from the beginning.
Minimum Trading Period
Alpha Capital Group evaluation process for traders looking to manage funded accounts does not impose a minimum trading period requirement.
See detailed table with Alpha Capital Group Challenge conditions based on Account Size:
Free Trial
Alpha Capital Group does not offer a free trial for their evaluation program. This is consistent with some proprietary trading firms that provide free trials, but Ment Funding is not among them according to a recent comparison of prop firms and their offers regarding free trials.
Alpha Capital Group Funded Account
Once the test or the challenge is successfully passed trader will get his Funed Account set, which may typically take few business days to activate. It is important to note, that the account conditions and balance will be exactly as the one you qualify for in your test, in case you would like to change Account to higher grade there will be a need to pass test from the very beginning for the Account Balance you prefer to trade with.
Profit Split
At Alpha Capital Group once the targets achieved and Funded Account been granted, you will start trading on Alpha Capital GroupAccount with an 80% profit split which along the successful performance can be increased all the way up to 90% based on your performance, that we found in our evaluation quite attractive porposal.
Payout and Withdrawals
Payouts after the first can be requested monthly, and the process for withdrawing profits involves submitting a request to the company, which then deposits the trader’s share of the profits into their account, allowing for various withdrawal methods
Withdrawal Method
Alpha Capital Group handles the management of trader agreements and profit withdrawals. When traders are ready to withdraw their earnings, they initiate the process by emailing Ment Funding with the withdrawal amount request. The company then deposits the trader’s share of the profits into their Deel account. From there, traders can withdraw their funds through various methods available on the Deel platform, including wire transfer, PayPal, Payoneer, Coinbase, Revolut, ACH, and other popular payment methods.
Account Conditions
For Account Conditions themselves, we check carefully whether Broker has various account preferences, also what Platforms, Instruments and Trading Costs are applicable. It is also important to check Leverage levels and Trading conditions offered, since some Brokers may restrict some startegies and do now allow specific practices in Funded accounts, which may result in loss of Account therefore to regain it you will need to pass the test again. See detailed breakdown below:
Trading Instruments
Trading Instruments Range offered by Alpha Capital Group is quite modest and includes only Currency Pairs, Commodities and Indices, however these are mostly traded instruments by majority of Forex Traders so we consider offering still favorable. Nevertheless, if you prefer other Instruments like Stocks or Futures to trade better to consider alternative Prop Firm.
Alpha Capital Group Commission
The platform promotes a $0 commission policy on trades, real-time pricing for strategy assessment, and offers unlimited trading days to optimize trader performance without time constraints
Leverage
Alpha Capital Group Leverage which you can use to the trading account in both stages under the Challenge and once you become Funded trader is offered up to 1:100 for all instruments.
Alpha Capital Group App Platform
We found Ment Funding offerings popular MetaTrader platforms, including both verstions MT5andMT4 also company cooperates with MetaQuotes and other technology providers, which is quite good. However, there is no any other Platform offered, so if you prefer different software good to consider Alternative proprietary Trading Companies.
Trading Conditions
Based on our findings, the Alpha Capital Group broker offers two account conditions eith Swap Accounts suitable for swing trading or swap free accounts available in all challenges available for trader who prefer to avoid overnight charges.
- Popular conditions like News Trading, Swing Trading, EA Trading and Weekend Holding are all Permitted in Alpha Capital Group. Besides, trader can use Copy Trading from another Alpha Capital Group account, which is an extra benefit for various strategy traders. Yet, important to note there are some restrictions too like HighFrequency Trading, Latency Trading and Arbitrage are not permitted.
- As for Alpha Capital GroupSlippage typically it does not occur, however during News Trading company restricts open and close of any trade 5 minutes before and after the news, since that is a typical time slippage may happen.
Alpha Capital Group Promotions
As we noticed, the company runs some promotions with available Alpha Capital Group discount code available from time to time, as well may include some Alpha Capital Group discounts alike Reset Discount. Yet, conditions usually provided on a temporary basis so good to verify this upon your signing in.
Alpha Capital Group Alternative Brokers
Considering all finds about Alpha Capital Group we conclude Firm to be quite an attractive opportunity for Funded Traders, company offers very good costs compared to industry competiton and opportunities to engage with various programs with lower programs and costs to choose from, which opens up more opportunities for traders with less costs.
Yet, is always good to consider and compare proposal to other Prop Trading Firms, so some of the popular ones may offer similar conditions or might be more suitable for particular traders alike for better choice of instruments and other than MetaTrader platforms. Yet, there are some obvious advantages of Alpha Capital Group exists too, see our selection of alternatives below also table comparing Alpha Capital Group to other Companies:
- FTMO — Great Swing Trading Prop Firm
- Lux Trading Firm —Good for USA Trading on Funded Accounts
- True Funded Trader — Best for Higher Account Size
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