Details About Alpha Capital Group
Legal Name: Alpha Capital Group Limited
Company Number: 13719951
Country of Registeration: GB
CEO: George Kohler
Support Mail: [email protected]
Phone: Not available
Payment Modes: Crypto, Wire transfer/ Bank Transfer, PayPal
Withdrawal Methods: Crypto, Wire Transfer/ Bank Transfer
Website: https://alphacapitalgroup.uk
Banned Countries:
Challenge Details at Alpha Capital Group
Types of Challenges: Two Phase Challenge
Trading Platforms: Metatrader, MatchTrader
Trading Instruments: Forex, Metals
Broker: ACG Markets
Max Allocation: $200,000
Scaling: $2,000,000
Trading Competitions: Does not organize Trading Competitions
Free Trials: Offers free Trials
About Alpha Capital Group
Alpha Capital Group is one of major prop firms in the whole prop firm space and most liked and trusted by traders in the community, Established in November 2021, Alpha Capital Group is based in England, United Kingdom and led by CEO Andrew Blaylock and George Kohler. Alpha Capital Group is also one of the few prop firms who are backed by their own broker ACG Markets. With Alpha Capital Group, Traders also get free trial and monthly free competitions which anyone can join and test their skills for rewards. Traders are allowed to have a max capital allocation of $400,000 which traders can scale up to $2 million.
Company Information
Company Name : Alpha Capital Group
Company Legal Name and Registration No. : Alpha Capital Group Limited (13719951)
Company CEO : Andrew Blaylock and George Kohler
Company Address : 10 Lower Thames Street, Billingsgate, London, England, EC3R 6AF
Challenge Details
Alpha capital Group offers 2 type of challenge accounts, Alpha Pro which is more suitable towards Day Traders and an Alpha Swing which cater the traders who usually take swing trades.
Alpha Pro Details :-
Prices :
$5,000 : $50
$10,000 : $97
$25,000 : $197
$50,000 : $297
$100,000 : $497
$200,000 : $997
Rules:
- Profit Target(Phase 1): 10%
- Profit Target(Phase 2): 5%
- Total Loss: 10%
- Daily Loss: 5%
- Profit Share: 80%
- Drawdown Type: Static
- Time Limit: Unlimited
- Leverage: 1:100 on Forex, 1:30 on Metals, 1:20 on Indices and 1:10 on Oil.
- Max Lot Size: Based on account size and up to 120 Lots, Click here for detailed info
- Payout Frequency: 14 days
- Allows Copy Trading: Yes
- Min Trading Days: 3 Days
Alpha Swing Details :-
Prices :
$5,000 : $70
$10,000 : $147
$25,000 : $247
$50,000 : $357
$100,000 : $577
$200,000 : $1097
Rules:
- Profit Target(Phase 1): 10%
- Profit Target(Phase 2): 5%
- Total Loss: 10%
- Daily Loss: 5%
- Profit Share: 80%
- Drawdown Type: Static
- Time Limit: Unlimited
- Leverage: 1:30 on Forex, 1:9 on Metals, 1:10 on Indices and 1:10 on Oil.
- Max Lot Size: Based on account size and up to 40 Lots, Click here for detailed info
- Payout Frequency: 14 days
- Allows Copy Trading: Yes
- Min Trading Days: 3 Days
Scaling Plan
Scaling in Alpha Capital Funding is very easy, Traders can request their account to be scaled up as soon as they reach a total of 10% profit in their funded account.
For the first time scaling, account size will only increase by 10% of the initial balance and in the second time scaling, account will again get a 10% increase based on the initial balance and max lot size will also be increased.
With this approach, Traders will be able to scale up their capital up to $2,000,000.
Spreads and News Trading Rules
Spreads
Alpha Capital Group offers raw spreads as they are backed by their own broker ACG Markets.
News Trading Rules
For News Trading, Alpha Capital Group has different rules for both Alpha Pro and Alpha Swing plans.
For Alpha Pro - Traders are allowed to trade news freely in evaluation phases but traders are not allowed to trade during news once they are funded, for funded accounts, Traders are not allowed to trade before and after 2 minutes of a high impact news. Doing so will lead to profit removal if any and also it will be considered a soft breach.
For Alpha Swing - Due to the nature of swing trading, traders are allowed to trade during news without any restrictions in Alpha Swing Accounts.
Other Important Rules :-
Daily Drawdown Calculation
For Daily Drawdown, Alpha Capital Group uses balance based drawdown which means whenever a trader grows their account the drawdown increases with it, the percentage of the drawdown will remain the same but in size the daily drawdown will keep increasing based on the highest amount of balance has reached.
Countries Banned from Purchasing
Alpha Capital Group is open to over 150 countries. Although there are few countries that are still not allowed by Alpha Capital Group and these countries are:-
- Afghanistan
- Belarus
- Burundi
- Central African Republic
- Chad
- Democratic Republic of the Congo
- Region of Crimea
- Eritrea
- Iran
- Iraq
- Cuba
- North Korea
- Libya
- Myanmar
- Somalia
- Sudan
- Russia
- Republic of South Sudan
- Syria
- Yemen
- Venezuela
- Vietnam
Prohibited Strategies
Alpha Capital Group restrict few trading strategies that are not allowed and these strategies are :
- Latency arbitrage
- Front Running Trades
- Arbitrage
- High-Frequency Trading
- Reverse Trading
- Spamming Order Books
Payout Methods :
Alpha Capital Group offers three methods for payout request and these methods are -
- Riseworks
- Wise
- Wire/Bank Transfer
Trading Commissions :
Alpha Capital Group offer 2 types of assessments, Standard Assessment and Raw Assessment. In Both of them the commissions vary.
For Standard Assessment - Commissions are set to $0 for all the assets.
For Raw Assessment - Commissions are set to $2.5 per lot for all assets except Indices.
$5,000 : $50
$10,000 : $97
$25,000 : $197
$50,000 : $297
$100,000 : $497
$200,000 : $997
$5,000 : $70
$10,000 : $147
$25,000 : $247
$50,000 : $357
$100,000 : $577
$200,000 : $1097
For the first time scaling, account size will only increase by 10% of the initial balance and in the second time scaling, account will again get a 10% increase based on the initial balance and max lot size will also be increased.