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Alpha Capital Reviews

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Overall Rating

4.3
9 Reviews
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About Alpha Capital

Alpha Capital Group is a proprietary trading firm that offers a platform for traders to develop their skills and achieve success in the financial markets. The firm provides a range of products and services, including:

  • Trading Challenges: These challenges are designed to assess and qualify a broad range of virtual strategies. They offer traders a range of products to apply their virtual strategy to, including Forex, Commodities, Gold, and Indices.
  • Advanced Dashboard and Analytics: This feature allows traders to assess their trading stats and performance in depth, highlighting key areas that need improving and areas of consistent performance.
  • 1-on-1 Risk Reviews: Traders who have failed 2 evaluations are eligible for a free 1-on-1 risk call. This provides support and success in the forex markets with accredited market experts.
  • Real-Time Pricing: Virtual strategies are assessed on real-time price feeds, qualifying the virtual strategy right down to the millisecond.
  • Unlimited Trading Days: There are no time constraints, allowing traders to adapt virtual strategies within risk levels and optimize performance.
  • $0 Commission on All Accounts: All traders benefit from the same 0 commission accounts, allowing for an accurate assessment of virtual strategies' risk management and performance.

The firm is officially recorded in the UK’s business registry and operates within the legal boundaries of its jurisdiction. It aims to empower traders with the tools and resources to achieve unprecedented success in the financial markets.

Alpha Capital Pros & Cons

Pros of Alpha Capital Group:

  • Zero Commission Fees: No commission fees for trading across all asset classes.
  • Supportive Customer Service: Highly praised for their assistance and responsiveness.
  • Intuitive Trading Platform: TradeLocker, their proprietary platform, offers low-latency trading and advanced tools.
  • Diverse Trading Instruments: Wide selection of instruments including forex pairs, commodities, and indices.
  • Flexible Account Sizes: Account sizes range from $10K to $200K, allowing for scalable growth in trading.
  • Bi-weekly Payouts: Performance fees are processed same day via bank transfer or Deel, with bi-weekly payouts.
  • Personalized Risk Assessments: Receive tailored risk assessments to manage your risk.
  • Unlimited Trading Period: No maximum trading day requirements during evaluation phases.

Cons of Alpha Capital Group:

  • Slippage Issues: Reports of higher slippage compared to other firms.
  • Account Closure Issues: Instances of accounts being closed or breached, particularly when large profits are involved.
  • KYC Process Challenges: Some traders experienced difficulties with the Know Your Customer (KYC) process.
  • Delays in Payouts: Some clients reported delays and complications with phase transitions and payouts.
  • Limited Flexibility in Trading Strategies: No news trading allowed, with a 4-minute break window.

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Alpha Capital Customer Reviews (9)

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Faith Doherty
Faith Doherty
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Jul 20, 2024
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James Row
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Jul 19, 2024
John Fischer
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Jul 19, 2024
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Domenico Trevisano
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Rita Swiney
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Jul 16, 2024

Alpha Capital Customer’s Q&A

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Alpha Capital Features and Benefits

Alpha Capital Group offers a range of features and benefits to its traders. Here are some key points:

  • No Time Limit: Traders can adapt their virtual strategies within risk levels and optimize performance without time constraints.
  • $0 Commission on All Accounts: All traders benefit from the same 0 commission accounts, allowing for an accurate assessment of virtual strategies' risk management and performance.
  • Real-Time Pricing: Virtual strategies are assessed on real-time price feeds, qualifying the virtual strategy right down to the millisecond.
  • Advanced Dashboard and Analytics: Traders are offered advanced trading analytics, allowing them to assess their trading stats and performance in depth. This helps highlight key areas that need improving and also areas of consistent performance.
  • 1-on-1 Risk Reviews: If a trader fails 2 evaluations, they will be eligible for a free 1-on-1 risk call. This provides unrivaled support and unparalleled success in the forex markets with accredited market experts.
  • Institutional Trading Environment: Strategies are assessed within a virtual trading environment similar to live environments used by institutions around the world.
  • Products for All Traders: Alpha Prop assesses and qualifies a broad range of virtual strategies by providing traders with a range of products to apply their virtual strategy to. This includes Forex, Commodities, Gold, and Indices.
  • Competitive Challenge Fees: Alpha Capital has extremely competitive challenge fees with up to 30% discounts.
  • Fast Payouts: Payouts are paid within 48 hours and reach the bank account within minutes of being approved.

These features and benefits make Alpha Capital Group a compelling choice for traders looking for a comprehensive and supportive trading environment.

Alpha Capital Pricing

Alpha Capital Group offers a range of trading challenges suitable for various experience levels and financial commitments. These challenges begin with a $10,000 option, costing $97, and scale up to a $200,000 option, priced at $997. Traders participating in these challenges retain an 80% share of the profits and are given a leverage option of 1:100.

For those seeking savings, a promotional code is offered. Apply ACGWIN at the payment stage for a reduction in price.

Alpha Capital Group provides a variety of trading platforms, each featuring unique capabilities. Their platform, TradeLocker, is notable for its high-speed trading functionality and sophisticated tools.

A broad array of instruments is available for traders, catering to diverse trading styles and strategies. Alpha Capital Group accommodates a broad spectrum of payment methods, including conventional credit cards, innovative e-wallets, and cryptocurrency options.

The firm offers accounts ranging in size from $10K to $200K, facilitating progressive trading growth. Traders at Alpha Capital Group receive an 80% share of their profits, which is a significant portion and incentivizes performance.

The profit objectives are set at 8% for the initial phase and 5% for the subsequent phase, establishing clear targets for traders. Alpha Capital Group sets a maximum daily loss limit of 5% and an overall loss cap of 10%, fostering a disciplined trading environment.

These limits help traders in managing risk and preventing significant financial setbacks. Alpha Capital Group operates within the legal boundaries of its jurisdiction. The firm is officially recorded in the UK’s business registry.

At Alpha, all traders benefit from the same 0 commission accounts. Have your virtual strategy assessed on real time price feeds, allowing to qualify your virtual strategy right down to the millisecond. No time constraints allows traders to adapt virtual strategies within risk levels and optimise performance.

If you have failed 2 evaluations with Alpha Capital Group, you will be eligible for a free 1-1 risk call.

Payment Method

Alpha Capital Group offers multiple methods for payment. These include:

  • Rise
  • Wise
  • WIRE (Bank Transfer)
  • Cryptocurrency
  • Credit/debit cards
  • Paypal

Please note that this information is based on the process last updated on January 20, 2024. It's always a good idea to check the latest process on their official website.

Alpha Capital FAQs

FAQ

Alpha Capital Alternatives

Based on the provided sources, here are the top 10 alternatives to Alpha Capital Group:

  1. FXIFY - Known for its flexible rules and lenient drawdown limits, allowing for greater risk management.
  2. FundedNext - Offers competitive profit splits up to 90% and a flexible drawdown policy.
  3. TopStep - Provides a straightforward two-step evaluation process and frequent payouts.
  4. E8 Markets - Offers rapid onboarding and a generous profit split of up to 80% with relaxed drawdown limits.
  5. Ascendx Capital - Focuses on flexible trading conditions and a profit split of up to 85%.
  6. The Trading Pit - Emphasizes diversification and disciplined trading strategies with profit splits up to 80%.
  7. Fintokei - Offers competitive conditions with a streamlined evaluation process and minimal trading restrictions.
  8. Monevis - Provides a customizable evaluation process and personalized trading environments with profit splits up to 90%.
  9. The 5%ers - Known for its competitive profit splits and flexible trading rules.
  10. Funding Pips - Offers a user-friendly platform with evaluation challenges and flexible profit splits.

These alternatives cater to different trader needs, including flexible rules, competitive profit splits, and streamlined evaluation processes.

FAQ

How To Open A Alpha Capital Account?

To open an account with Alpha Capital Group, follow these steps:

  1. Visit the Alpha Capital Group website.
  2. Click on the "Start Now" button.
  3. Fill in the registration form with your First Name, Last Name, Contact Number, Email, Country, and Password.
  4. After successful registration, you will have access to a Free Trial Account to place virtual trades and test your strategy.
  5. If you decide to upgrade to an Alpha Pro Account, complete your payment by providing all the necessary details and information.
  6. Upon successful completion of payment, you will receive your login credentials and can start your journey as an Alpha Trader.

Please note that this information is based on the process last updated on January 20, 2024. It's always a good idea to check the latest process on their official website.

FAQ

Alpha Capital Return Policy?

The return policy of Alpha Capital Group states that all sales are final and no refund will be issued. If there are any questions concerning the return policy, one can contact them at their support email. Please note that this information is based on the policy last updated on December 21, 2021. It's always a good idea to check the latest policy on their official website.

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