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 powered 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.

Pramish Pokhrel

Alpha Capital Group