Alpha Capital Group Review – Are They Legit? My Honest Take

Hi, welcome to my Alpha Capital Group review.

They are a major prop trading firm with a generous profit split that goes up to 80%. I have come across multiple prop firms but not all of them have such an attractive set of offerings.

But are they legit? What’s their challenge like?

In this review, I have gone over Alpha Capital Group’s various aspects to help you determine if this prop firm is worth your money or not.

Alpha Capital Group Pros and Cons

Pros

• Free trial with a highly rated Trustpilot score of 4.6/5
• Offering a substantial capital allocation of up to $2,000,000
• Zero commission costs
• An 80% profit share
• Bi-weekly payouts
• Permission for overnight and weekend holdings
• News trading
• A scaling account option
• A professional trading dashboard with 1:100 leverage

Cons

• Restricted trading options include Forex pairs
• Commodities
• Indices with lot size limits
• Minimum average trade duration requirement of 2 minutes

What is Alpha Capital Group?

Alpha Capital Group was established on November 2, 2021, and its principal address is 10 Lower Thames Street, Billingsgate, London.

The business is privately held and is based in London, England (EC3R 6AF). Dealers can get up to $2,000,000 in cash from Alpha Capital Group, with 80% of all profits going to them.

They take great pride in ACG Markets, their proprietary in-house execution brokerage that guarantees the greatest trading circumstances for its clients. To assist traders in becoming funded, the website offers educational resources, market data, trading techniques, coaching, and specialized technology.

Traders can deal with indices, commodities, and FX pairs. Account holders up to $200,000 are eligible for an 80% return split. 

Some similar prop firms include Funding Pips and FXIFY.

Alpha Capital Group Broker: Do They Use a Reliable Platform? 

It’s crucial to determine whether a prop firm’s trade requirements are reasonable before choosing one that fits the forex trading style. For a well-funded account, a firm might provide a fair profit split, but if it needs to earn large monthly profits while minimizing losses, it might not be able to succeed.

Obtaining funding from Alpha Capital Group is a practical option, particularly since its Assessment program considers it. The reasonable standards for the largest losses are 5% per day and a maximum of 10% and the modest profit targets of 8% in phase one and 5% in phase two increase the likelihood of receiving funding.

Alpha Capital Group offers a variety of ways to earn money, including five distinct account sizes with varying trade objectives and compensation structures. 

Which brokers does Alpha Capital Group use?

Alpha Capital Group’s trade server is ACG Markets. They are a brokerage with an emphasis on making investing extremely simple that is fully owned by Alpha Capital Group.

ACG Markets provides the following to traders:

• Trading Expertise in a Commercial Environment Prime Liquidity Extremely Minimal Latency
• It is intended to take fewer than 30 milliseconds to execute.
• At 0.1, the raw spreads begin.
• Commodities, indices, and Forex pairs are all available for trading.

Trading is available on cTrader and MetaTrader 5 through Alpha Capital Group.

Alpha Capital Group Funding Programs and Challenges: Rules and Requirements 

Alpha Capital Group gives traders a choice of five different account sizes for their review programs.

Evaluation Program Accounts

Phase 1

• Max Trading Days: Unlimited
• Profit Target: $16,000 (8%)
• Profit Share: N/A
• Max Drawdown: $20,000 (10%)
• Max Daily Drawdown: $10,000 (5%)
• Max Capital Growth: $2,000,000
• Minimum Trading Days: 3 Days
• 0% Commission: Yes
• Trade Through News: Yes
• Hold Over The Weekend: Yes
• Fee Fully Refunded: N/A

Phase 2

• Max Trading Days: Unlimited
• Profit Target: $10,000 (5%)
• Profit Share: N/A
• Max Drawdown: $20,000 (10%)
• Max Daily Drawdown: $10,000 (5%)
• Max Capital Growth: $2,000,000
• Minimum Trading Days: 3 Days
• 0% Commission: Yes
• Trade Through News: Yes
• Hold Over The Weekend: Yes
• Fee Fully Refunded: N/A

Funded

• Max Trading Days: N/A
• Profit Target: N/A
• Profit Share: 80%
• Max Drawdown: $20,000 (10%)
• Max Daily Drawdown: $10,000 (5%)
• Max Capital Growth: $2,000,000
• Minimum Trading Days: 5 Days
• 0% Commission: Yes
• Trade Through News: Yes
• Hold Over The Weekend: Yes
• Fee Fully Refunded: Yes

The goal of Beta Capital Group’s assessment program account is to identify knowledgeable and committed traders who will be recognized for their steady performance throughout the two-phase evaluation period. Leverage ratios up to 1:100 are permitted when handling the account for the evaluation program.

• Account Size: $10,000
  • Assets: $97
• Account Size: $25,000
  • Assets: $197
• Account Size: $50,000
  • Assets: $297
• Account Size: $100,000
  • Assets: $497
• Account Size: $200,000
  • Assets: $997

There are no minimum or maximum trading day limitations, so I am free to trade at my own pace. By finishing assessments, I can win awards with an enormous 90% profit split. For someone like me, who is searching for attainable objectives and favorable terms to be eligible for rewards, AquaFunded is a great option.

ThinkMarkets has collaborated with AquaFunded to serve as its broker. ThinkMarkets is a premier online brokerage with offices in Melbourne and London that handles a variety of assets. It is renowned for offering simple access to several markets via its top-notch trading platforms, which include ThinkTrader, MetaTrader 4, and MetaTrader 5.

Evaluation Program Account Scaling Plan

There is a scaling option in the assessment tool that can be employed when a trader’s account increases by 10%. 10% of the balance in a trader’s paid account may be scaled up.

Above all, traders can withdraw all of their winnings from a funded account and still grow it. In this manner, they can increase the money in their account without having to forfeit profits.

Commodities, indices, and FX pairings can all be used as trading instruments in program accounts. 

Evaluation Program Account Rules

• Profit target: The precise amount of profit required to close an assessment, deduct expenses, or expand an account. There are no profit goals for sponsored accounts, an 8% profit goal for phase one, and a 5% profit goal for phase two.
• Maximum daily loss: This figure indicates the maximum amount of money that could be lost each day up until the account is compromised. They are only allowed to lose 5% of their account balance per day, regardless of its size. The maximum loss, which is 10% for all account types, is the largest loss that can occur to any account.
• Minimum trading days: This indicates to traders the number of trading days they must complete to get a refund or complete an assessment phase. They require a minimum of three trading days for each step. Conversely, funded accounts are exempt from daily trading requirements.
• Lot size restrictions: These restrictions restrict traders to specific lot sizes for various trading instruments and depend on the trader’s initial account balance.
• No martingale allowed: Due to policy, traders are not permitted to employ martingale strategies.
• Average trade duration: Two minutes is the time limit that traders must hold trades according to regulation.
• The risk associated with third-party copy trading: It states that traders risk having their accounts or withdrawals refused if they utilize copy trading services and exceed the maximum capital allocation rule.
• Third-party EA risk: This illustrates the same risk that traders have when using external EAs in conjunction with identical trading strategies. This risk may result in a funded account being declined or a withdrawal being made. 

Alpha Capital Group Proof of Payment:

On November 2, 2021, Alpha Capital Group was established. As soon as they have funding, traders will receive rewards every two weeks, and there are no minimum profit thresholds. Traders can request a specific withdrawal on the 14th and 28th of each month.

Alpha Capital Group Fees: How Much Do They Charge? 

Trading Commission

• Assets:
  • Forex: 0 USD/LOT
  • Commodities: 0 USD/LOT
  • Indices: 0 USD/LOT
• Fee Terms:
  • No fees for Forex, Commodities, and Indices trading.

Education & Support for Traders

Alpha Capital Group is going to help traders reach their full potential by giving them training courses and strategies. Interested people can join a school called Alpha Academy. 

In addition, they have several Automated Trading Systems that are made just for their users. On Forex Factory, there is a thread where people can talk about Alpha Capital Group and what it does. 

Unfortunately, Alpha Capital Group does not have a thread on Forex Factory. Instead, they are talked about in a thread by MasterrMind called “PROP FIRM HUB.” This thread talks about them several times.

Additionally, this prop firm stands out by offering me a rare opportunity for a free trial before I engage in the evaluation challenge. This allows me to adequately prepare myself and minimize the likelihood of errors when I eventually opt to purchase the challenge. They offer a meticulously organized dashboard that is accessible to all clients, which facilitates the management of risk according to our statistical goals.

What Makes Alpha Capital Group Unique? 

Unlike other well-known prop firms, Alpha Capital Group provides five distinct account sizes for two-step reviews, each with explicit guidelines. These accounts allow traders to trade on news, hold positions overnight, and trade on the weekends, all with very low-profit targets.

The review program of Alpha Capital Group is divided into two sections. Traders have to hit 8% profit targets in the first section and 5% profit targets in the second. In addition, the maximum loss and highest daily loss restrictions are set at 10% and 5%, respectively.

There must be a minimum of three trading days before funding is available to either party. There is a proposal for program expansion as well. Unlike other top prop businesses, Alpha Capital Group has transparent trade goals, profit targets, and procedures that are easy for everyone to grasp.

To have a more comprehensive understanding, traders ought to examine the distinctions between Alpha Capital Group and E8 Funding. 

Alpha Capital Group

• Phase 1 Profit Target: 8%
• Phase 2 Profit Target: 5%
• Maximum Daily Loss: 5%
• Maximum Loss: 10%
• Minimum Trading Days: 3 Calendar Days
• Maximum Trading Period: Unlimited (Phase 1 and Phase 2)
• Profit Split: 80%

E8 Funding (Normal)

• Phase 1 Profit Target: 8%
• Phase 2 Profit Target: 5%
• Maximum Daily Loss: 5%
• Maximum Loss: 8% (Scaleable to 14%)
• Minimum Trading Days: No Minimum Trading Days
• Maximum Trading Period: Unlimited (Phase 1 and Phase 2)
• Profit Split: 80%

Alpha Capital Group Reviews: What Do Their Customers Say?

Trustpilot:

Alpha Capital Group has a rate of 4.6 out of 5 stars on Trustpilot, which means that customers are very happy with them. Comes with 771 customer reviews.

#1. Everything from a prop firm is as expected; I received my funded accounts in 6 business days, however, I’m okay with that as their assistance is usually very helpful. Special thanks to Nathan for a job well done! I got all I needed today in a matter of minutes thanks to him!

#2. There was a small issue with the account I had bought, but as soon as I posted a case on Discord, Diogo, a great man who finds solutions quickly and effectively, fixed it in about five minutes. Diogo, thank you so much.

#3. Criminals! They are anxious to grab everything from you and have no heart. I only made it through. I didn’t have to spend a lot of time with Eli Teech Elon because I was already in with them. I’m excited to succeed with them now that I’ve already received three paychecks.

Alpha Capital Group Customer Support: 

Alpha Capital Group is aware of the value of being reachable and active in the trading industry. This is demonstrated by its robust presence across numerous social media networks.

There are various ways to find and get in touch with Alpha Capital Group, including 

I. Twitter: 

Alpha Capital Group is a group on Twitter with 27.6K followers. Through this website, users can connect with other traders in real-time and receive news and updates. Traders: By following Alpha Capital Group on Twitter, one can connect with like-minded individuals and remain informed about recent developments. 

II. YouTube:

Alpha Capital Group is an entertaining and educative YouTube channel with 5.37k subscribers. With seven films on this channel that are available to the public, traders of all skill levels can benefit greatly from it.

III. FAQs Page and Support:

• The frequently asked questions (FAQ) page of Alpha Capital Group contains a wealth of guidelines and details regarding the trading company and funding program.
• Customers can contact their live chat support staff on the company website if they have any additional inquiries. They can get assistance from their dependable customer service personnel for any issue.
• The company’s email addresses for customer care and social media platforms are support@alphacapitalgroup.uk.
• Lastly, they have access to their Discord channel, where they may communicate with other members of their group and their support team. 

Conclusion

It is evident from this post that Alpha Capital Group is a legitimate private trading firm that offers traders five distinct two-step evaluation account sizes with uncomplicated trading guidelines.

One of the assessment programs offered by Alpha Capital Group requires traders to complete a two-part challenge to get payment and be qualified for profit sharing.

With restrictions in place to limit daily losses to 5% and overall losses to 10%, it is believed that the profit targets of 8% in phase one and 5% in phase two may be met.

With these review programs, traders have the option to increase the size of their accounts in addition to receiving an 80% profit share.

If you want to begin your trading journey, I recommend going with The Trading Pit’s Scaling Plan. Not only will you get instant funding with them but also get access to their vast selection of tools & resources.