Details About Astra Capital Funding
Legal Name: Astra Capital Group LLC
Company Number: 4043187
Country of Registeration: DE
CEO: Yehya Al Khateeb
Support Mail: [email protected]
Phone: Not available
Payment Modes: Crypto, Credit/Debit Card, Coinbase, Wire transfer/ Bank Transfer
Withdrawal Methods: Crypto, Wire Transfer/ Bank Transfer
Website: https://www.astracapitalfunding.com
Banned Countries:
Challenge Details at Astra Capital Funding
Types of Challenges: Two Phase Challenge
Trading Platforms: Metatrader 4
Trading Instruments: Forex, Crypto, Indices, Metals, Energies
Broker: Liquidity ProvidersIC Markets
Max Allocation: $600,000
Scaling: $600,000
Trading Competitions: Does not organize Trading Competitions
Free Trials: Does not offer free Trials
About Astra Capital Funding
Astra Capital Funding is gaining attention in the trading world with its straightforward rules and a special two-phase challenge that lets traders work with up to $600,000 in capital. Whether you're just starting out or have lots of experience, knowing their rules is key to doing well. Astra stands out by promoting disciplined trading, clear guidelines, and plenty of opportunities for traders to grow and succeed.
Company Information
Company Legal Name: Astra Capital Group LLC
Company Registration Number: 4043187
Country of Registration: Delaware, USA
CEO: Yehya Al Khateeb
Support Email: [email protected]
Website: Astra Capital Funding
This proprietary firm offers a solid opportunity for traders looking to gain access to significant capital. With multiple payment and withdrawal methods, it's convenient and flexible for traders from different parts of the world.
Background
Astra Capital Funding may be relatively new in the market, but it is rapidly growing thanks to its competitive funding opportunities and transparency. Unlike many other prop firms, Astra offers clear rules and trading opportunities that ensure both the trader and the firm benefit from successful trading strategies.
Challenge Details
Astra Capital Funding’s main offering is the Two-Phase Challenge. Here’s a breakdown:
Types of Challenges:
Two-Phase Challenge
Trading Platforms:
MetaTrader 4 (MT4)
Trading Instruments:
Forex, Crypto, Indices, Metals, Energies
Broker:
Liquidity Providers via IC Markets
Max Allocation:
Up to $600,000 with scaling opportunities
A basic overview
The Two-Phase Challenge is designed to assess a trader’s skills over two stages. You’ll start with a simulated account where you must hit profit targets while adhering to strict rules. This ensures that only disciplined, consistent traders reach the funded stage.
Let’s dive into the specifics of the challenge.
One Phase Challenge
Challenge Name: 2-Step Challenge
Pricing & Account Sizes:
$15,000 ($115)
$25,000 ($250)
$50,000 ($345)
$100,000 ($539)
$200,000 ($1080)
Rules:
Profit Target: Phase 1: 8% | Phase 2: 5%
Total Loss Limit: 10%
Daily Loss Limit: 5%
Profit Share: 80% after funding
Drawdown Type: Equity-based
Time Limit: Phase 1: 30 days | Phase 2: 60 days
Leverage: 1:100
Max Lot Size: Depends on account size
Payout Frequency: Every 15 days after the first trade in the funded account
Allows Copy Trading: Yes
Minimum Trading Days: No minimum
A trader must hit an 8% profit target in the first phase without exceeding the maximum loss limits. Upon passing, they move on to Phase 2, which requires a 5% profit target.
Scaling Plan
If you're successful in both phases and prove consistent, your account can be scaled up to $600,000, allowing you to trade with even greater capital. It’s an excellent opportunity for traders looking to grow their accounts rapidly.
Spreads
Astra Capital Funding uses brokers with tight spreads, giving traders an edge. Spread costs can significantly affect profitability, so this is a plus for traders focused on maximizing returns.
News Trading Rules
You can trade through news events, but there's a catch. If you place a trade within 4 minutes before or after a high-impact news release, and it profits within that window, the profits won’t count toward your evaluation.
Other Things to Keep in Mind
How is Daily Drawdown Calculated?
The daily drawdown is based on the higher value of either your balance or equity. Each day, you are allowed a maximum loss of 5%. This resets daily, ensuring you always have a fresh start.
Countries Banned from Purchasing
Angola, Benin, Burkina Faso, Burundi, Central African Republic, Chad, Comoros, Congo (Democratic Republic of the), Djibouti, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mozambique, Niger, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, Somalia, South Sudan, Sudan, Tanzania, Togo, Uganda, Zambia, Zimbabwe, Afghanistan, Bangladesh, Bhutan, Cambodia, Laos, Myanmar, Nepal, North Korea, Timor-Leste, Yemen, Bolivia, El Salvador, Guatemala, Haiti, Honduras, Nicaragua, Paraguay, Afghanistan, Antigua and Barbuda, Belarus, Belize, Bhutan, Bouvet Island, Burundi, Cape Verde, Central African Republic, Chad, Cook Islands, Comoros, Republic of the Congo, Cuba, iran, Syria, Myanmar, North Korea, Nigeria, South Africa, Vanuatu, Lebanon, Mauritania, Cape Verde, Equatorial Guinea, Guinea-Bissau, São Tomé and Príncipe, Malawi, Botswana, Eswatini (formerly Swaziland), Gabon, Ghana, Ivory Coast (Côte d'Ivoire), Kenya, Mauritius, Namibia, Seychelles, and South Sudan.
Gambling Rules
Trading shouldn’t be treated like gambling. Taking excessive risks is a surefire way to fail the evaluation. Stay within the drawdown limits and follow the guidelines to ensure you pass.
Strategies that Are Not Allowed
Astra is clear about the strategies they won’t tolerate. Techniques that exploit platform inefficiencies, such as gap trading, high-frequency trading, latency arbitrage, and tick scalping, are banned. Engaging in such practices will lead to immediate disqualification.
Payout Methods
Payouts are made every 15 days and can be processed via cryptocurrency, bank transfer, or Visa card. The profit split is 80% for the trader.
Trading Commissions
Astra’s brokers offer competitive trading commissions, allowing traders to keep more of their profits. There are no hidden fees, making it easier to calculate trading costs.
IP Rules
Your IP address must remain consistent throughout the evaluation. Any sudden changes in location could raise red flags and result in further verification.
Company Registration Number: 4043187
Country of Registration: Delaware, USA
CEO: Yehya Al Khateeb
Support Email: [email protected]
Website: Astra Capital Funding
Two-Phase Challenge
MetaTrader 4 (MT4)
Forex, Crypto, Indices, Metals, Energies
Liquidity Providers via IC Markets
Up to $600,000 with scaling opportunities
$15,000 ($115)
$25,000 ($250)
$50,000 ($345)
$100,000 ($539)
$200,000 ($1080)
Profit Target: Phase 1: 8% | Phase 2: 5%
Total Loss Limit: 10%
Daily Loss Limit: 5%
Profit Share: 80% after funding
Drawdown Type: Equity-based
Time Limit: Phase 1: 30 days | Phase 2: 60 days
Leverage: 1:100
Max Lot Size: Depends on account size
Payout Frequency: Every 15 days after the first trade in the funded account
Allows Copy Trading: Yes
Minimum Trading Days: No minimum