Coupon Codes for Alpha Capital Group Prop Firm
For users interested in financial savings, a discount code is here. Add the code ACGWIN during the billing process for a deduction in the total cost.
Alpha Capital Group: Company Details:
Operating out of London, Alpha Capital Group is engaged in prop trading. This firm was created in November 2021 by Andrew Blaylock and George Kohler and is on the UK’s business registry.
Legal Name
It’s Alpha Capital Group.
Alpha Capital Group Prop Firm’s Address
10 Lower Thames Street, Billingsgate, London, England, EC3R 6AF.
Date of Establishment
November 2021.
Where is Alpha Capital Group Prop Firm Registered?
Within the regulatory scope of the United Kingdom, Alpha Capital Group follows its legal requirements.
Who Leads Alpha Capital Group Prop Firm?
Leadership is compromised of George Kohler and Andrew Blaylock.
Alpha Capital Group Prop Firm’s Trading Platform Choices
At Alpha Capital Group, traders can choose from a comprehensive selection of instruments, providing options for every type of trader, from the novice experimenting with different strategies to the seasoned professional with specific preferences.
The Instruments You Can Trade with Alpha Capital Group Prop Firm
Traders can explore a comprehensive range of instruments, fitting a multitude of trading preferences and strategies. For specifics, best to contact the company.
How to Pay at Alpha Capital Group Prop Firm
Payment methods include conventional credit cards, e-wallets, and emerging cryptocurrency options. For more information, visit the official website for the newest changes.
Alpha Capital Group Prop Firm’s Array of Account Sizes
With account sizes starting at $10K and extending to $200K, Alpha Capital Group caters to both new and experienced traders. This range provides an opportunity for traders to choose an account size that matches their risk appetite and investment capacity.
The Profit Sharing System at Alpha Capital Group Prop Firm
By sharing 80% of the profits with traders, Alpha Capital Group provides a major incentive for traders to optimize their trading strategies. This high profit share ratio encourages traders to actively engage and improve their trading skills for better outcomes.
Profit Targets at Alpha Capital Group Prop Firm
Profit targets are specified at 8% for the opening phase and 5% for the latter phase, offering clear aims for traders.
Loss Rules and Daily Drawdown
By enforcing a 5% limit on daily losses and a 10% cap on total losses, Alpha Capital Group promotes risk-aware trading. These thresholds ensure that traders remain vigilant about their investment decisions and manage their portfolios responsibly.
Maximum/Minimum Trading Days at Alpha Capital Group
Alpha Capital Group stipulates a minimum of 3 virtual trading days for initial assessment phases and 5 days for Qualified Analyst accounts.
As for the maximum, traders have unlimited virtual trading days for the assessment phases, but this does not apply to the Qualified Analyst accounts.
General Rules & Challenges
A bi-level challenge system is in place, structured to appraise and bolster trading expertise.
How to Pass Alpha Capital Group Prop Firm’s Challenges
Alpha Capital Group Prop Firm Challenge Fee Breakdown
At Alpha Capital Group, the challenge costs span from $97 to $997, ensuring affordability for beginners and value for seasoned traders. This tiered pricing structure allows traders to choose challenges that align with their financial goals and experience levels.
Alpha Capital Group Prop Firm’s Fee and Commission Details
Traders at Alpha Capital Group enjoy the advantage of $0 commission on all account types and challenge sizes. This approach is aimed at fair evaluation of virtual strategies and risk management skills across the board.
To further engage traders, the company offers Free Monthly Trading Competitions.
Alpha Capital Group Prop Firm and Their Refund Policy
Alpha Pro Assessments are non refundable.
Does Alpha Capital Group Prop Firm Offer Free Trials?
Offering a free trial, Alpha Capital Group enables traders to sample their high-quality execution environment and leading trading analytics tools. In addition, traders can participate in Free Monthly Trading Competitions, adding an extra dimension to the trading experience.
Trader Payout Schedule at Alpha Capital Group
Every two weeks, Alpha Capital Group provides same-day payment of performance fees, a system that benefits qualified virtual analysts using ACG Markets.
This bi-monthly payout schedule ensures earnings are quickly accessible, with payments processed on the same day either through bank transfer or Deel, offering prompt financial management.
Community Reviews Assessment of Alpha Capital Group Prop Firm: Pros & Cons
Alpha Capital Group, backed by 1,453 reviews, has achieved a noteworthy Trustpilot rating of 4.6. This rating reflects the firm’s commitment to providing quality customer service and maintaining a platform that is user-friendly.
Pros
- The support team is often commended for their assistance and quick responses.
- Positive mentions of personalized support from individual team members are common.
- Many clients are satisfied with the payout process, although there are sometimes minor delays.
- The overall customer service experience is frequently highlighted as professional and understanding.
- Good trading conditions on the platform, such as low spreads and fast execution, are valued by traders.
- The absence of commission fees and competitive spreads, particularly on gold, are appreciated.
Cons
- Issues with delays and complications in phase transitions and payouts have been noted by clients.
- Instances of slower email response times, despite more efficient live chat communication, have been reported.
- Reports of account security issues, particularly in situations involving large profits.
- The KYC process has caused some dissatisfaction due to challenges and rejections.
- Complaints about slippage and manipulation in price feeds have been raised.
- Concerns regarding the firm’s transparency and fairness have been expressed by some clients.
Alpha Capital Group Prop Firm Website FAQ
The FAQ section on their website answers common questions, providing clarity on their rules and procedures:
What are the rules for qualified traders?
The rules on a Qualified Trader account closely mirror those during the Assessment stages. However, we recommend thoroughly reviewing the Qualified Trader Help Centre section for comprehensive guidance. It’s essential to understand that the same risk parameters apply to both Assessment and Qualified accounts.
The only notable difference is the removal of the virtual profit target rule. Moreover, qualified trader accounts introduce a maximum lot exposure limit.
Which broker do we use?
We exclusively use ACG Markets, a 3rd party FSA Regulated Brokerage.
ACGMARKETS gives us the opportunity to provide you with a Simulated Institutional environment for your assessment with Alpha Capital Group.
ACG MARKETS offering our traders an assessment environment which replicates:
– Extensive Institutional Trading Experience
– Prime or Prime Liquidity
– Ultra-low latency
– Targeted execution time of less than 30ms
Are there Commission Fees?
At Alpha Capital Group we currently offer 2 account types. Standard Assessment and Raw assessment. You can select which one you require at Checkout.
For our Standard Assessment, please note that there are no commission fees applicable to trades across all asset classes.
For our RAW Assessment, a charge of $2.5 per lot will be incurred for each transaction in both directions.
Please note; Indices are commission free across both account types.+
What happens if I violate a rule?
This depends on which rule you violate, some rules we classify as a soft breach, others are a hard breach and result in account failure, some rules if broken can result in a complete ban from our platform & funding.
We recommend thoroughly reading through our help centre to ensure you understand the requirements and rules.
Remember, real capital is at stake, if you are attempting to achieve funding of any level up to $200,000, it is imperative you take this seriously, and put the time in to understand the rules, objectives & requirements.
Free Monthly Trading Competition Rules
Our Free monthly Trading competitions are to allow traders to:
– Compete against other traders in a free competition to win discounts, free accounts.
– Try our platform before proceeding to a funding evaluation.
We have implemented the below rules to keep a level playing field, these restrictions do NOT apply to Alpha Pro funding plans, ONLY the free monthly trading competition.
Rule 1: No EA use.
Rule 2: Lot size limit per trade
– 10 lots FX / XAUUSD / XAGUSD
– 30 lots max Oil / CFDs / Indices
To provide clarification:
The maximum permissible exposure for FX & Metals is capped at 50 lots, which equates to the ability to maintain 5 positions with 10 lots each, whether on the same asset or across different assets simultaneously.
Again, the maximum exposure allowable for Oil/CFDs/Indices stands at 150 lots. This translates to the capacity to uphold 5 positions, each comprising 30 lots, either on a singular asset or spanning multiple assets concurrently.
Rule 3: Max number of open consecutive trades at any one time: 5
Rule 4: Max Daily Drawdown: 5%
Rule 5: Max total Drawdown: 10%
Rule 6: No taking advantage of unrealistic fills in the demo environment
Rule 7: Free entry (1 entry per person)
Rule 8: Max $$$ gain winshttps://help.alphacapitalgroup.uk/en/
Contact:
[emailprotected]
https://www.instagram.com/alphacapitalgroupuk
