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Astra Capital Funding

Forex, Crypto, Indices, Metals, Energies

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DE

2024

CEO: Yehya Al Khateeb

Coupon Code:

This firm is not listed on our Trusted or Affiliate list.

We have not evaluated this firm yet.

Trading Platforms:
Withdrawal Method:
Crypto

Crypto

Wire Transfer/ Bank Transfer

Wire Transfer/ Bank Transfer

Payment Method:
Crypto

Crypto

Credit/Debit Card

Credit/Debit Card

Coinbase

Coinbase

Wire transfer/ Bank Transfer

Wire transfer/ Bank Transfer

Brokers:
Liquidity Providers

Liquidity Providers

IC Markets

IC Markets

Overview of Astra Capital Funding Prop Firm

Overview of Astra Capital Funding Prop Firm
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In this article

Overview of Astra Capital Funding Prop Firm

Astra Capital Funding, legally recognized as Astra Capital Group LLC, is a proprietary trading firm headquartered in United States of America.

8/23/2024

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Overview of Astra Capital Funding Prop Firm

8/23/2024

 

Astra Capital Funding, legally recognized as Astra Capital Group LLC, is a proprietary trading firm headquartered in United States of America. This firm provides traders with an opportunity to showcase their trading skills through a structured evaluation process. With its main office located at 1207 Delaware Ave, #1329, Wilmington, DE 19806, and a registration number of 4043187, Astra Capital Funding offers a unique two-phase challenge for traders.

 

The Two-Phase Challenge

 

Phase 1: Beginner

In the first phase, traders are required to achieve a profit target of 8%. This phase is designed to assess the trader’s ability to generate consistent profits while adhering to the firm's risk management rules.

 

Phase 2: Intermediate

The second phase lowers the profit target to 5%, allowing traders to demonstrate sustained performance. Successfully completing this phase qualifies traders for a funded account with Astra Capital Funding.

 

No Time Pressure

One of the standout features of Astra Capital Funding’s challenge is the absence of time limits. Traders can take as long as they need to complete each phase, promoting thoughtful and strategic trading rather than rushed decisions.

 

 

Risk Management Rules

 

Daily and Overall Loss Limits

To ensure disciplined trading, Astra Capital Funding imposes strict risk management rules. The maximum daily loss limit is set at 5%, and the overall maximum loss limit is 10%. Breaching these limits results in the termination of the challenge, requiring the trader to start over.

 

 

Account Sizes and Options

 

Available Account Sizes

Astra Capital Funding offers a range of account sizes to cater to different trading strategies and experience levels. The available account sizes include $15,000, $25,000, $50,000, $100,000, and $200,000.

 

Free Retakes

If a trader breaches the maximum drawdown limit, they are eligible for a free retake of the challenge. However, if any other rules are violated, such as using banned trading strategies, a free retake is not granted. During a free retake, the account size, maximum drawdown, and profit share are halved, but the profit target remains unchanged.

 

 

Astra X: The In-House Trading Platform

 

Zero Spreads and Commissions

Astra Capital Funding uses its own proprietary trading platform, Astra X, to provide traders with optimal trading conditions. The platform is designed to eliminate spreads and commissions, ensuring that traders can focus solely on their strategies without worrying about additional costs.

 

Why Astra X Stands Out

Built on proprietary technology, Astra X does not rely on traditional brokers. This setup ensures a seamless trading experience, with minimal disruptions and maximum efficiency.

 

 

Payouts and Profit Sharing

 

Profit Split Details

Once traders successfully pass the challenge and start trading on a funded account, they are entitled to request a payout every 15 days. Astra Capital Funding offers an 80% profit split, allowing traders to retain the majority of their earnings.

 

Multiple Payout Options

Payouts can be received via cryptocurrency, bank transfer, or a Visa card, providing flexibility for traders.

 

 

Refunds and Account Inactivity

 

Fee Refund After Success

Traders who successfully pass both phases of the challenge will receive a refund of their fees with their fourth payout. This policy makes the challenge a low-risk investment for those who can meet the targets.

 

Inactivity Policy

If a trading account remains inactive for 28 days, it will be automatically suspended. Traders need to maintain some level of activity to keep their accounts active.

 

 

Important Trading Rules

 

The 1-Day + 50% Rule

Astra Capital Funding has a specific rule for funded traders called the 1-day + 50% rule. This rule ensures that no single trade accounts for 50% or more of the total profit, and no more than 50% of profits are made in one day. This prevents traders from relying on a single trade to achieve their profit targets.

 

Consistent IP Address Requirement

Traders are required to maintain a consistent IP address when accessing the Astra Capital Funding platform. If the system detects a change in region, traders may be asked to verify their identity to ensure compliance.

 

Prohibited Strategies

Certain trading strategies, such as copy trading, high-frequency trading, and latency arbitrage, are strictly prohibited. Violating these rules can lead to disqualification and account termination.

 

 

Tradable Instruments

Astra Capital Funding allows traders to trade a wide range of instruments, including Forex, Cryptocurrencies, Indices, Metals, and Energies. This diversity enables traders to apply their strategies across different markets, increasing their chances of success.

 

Requesting a Payout

Payouts can be requested through the trader’s dashboard. Once the request is made, the payment is processed within 24 hours, ensuring quick and efficient access to profits and trader can withdraw their trades on Bi-Weekly Basis.

 

Partnership Opportunities

For traders with large communities, Astra Capital Funding is open to discussing custom partnership deals. However, the firm requires first-hand experience with the partner before moving forward.

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