Alpha Capital Group Review – The Best Trading Conditions? (Coupon Inside)

There are so many generic prop firms today that focus solely on roping the traders in, without thinking so much about how to provide them with the best service.

That’s why I wanted to review Alpha Capital Group. These guys have great credentials with tons of experience at the institutional level.

What’s more, they are putting this experience into providing the best possible trading conditions and support to give their traders the best possible chances of success.

Read on to find out what this firm can do to improve your chances of becoming a profitable trader.

Earnings Study – How Much Can I Make?

One major factor people consider when choosing a prop firm to partner with is the earning potential and the financial rewards for their efforts.

Alpha Capital Group offers a generous 80% profit split with its members and a performance-based scaling plan to reward profitable traders.

The following table shows what a trader will earn based on an average of 5% returns per month after passing the $100k Alpha Pro Challenge.

Month	Capital ($)	Profit ($)	Your Share ($)	Culm. Profit ($)
1	100000	5000	4000	4000
2	100000	5000	4000	8000
3	110000	5500	4400	12400
4	110000	5500	4400	16800
5	121000	6050	4840	21640
6	121000	6050	4840	26480
7	133100	6655	5324	31804
8	133100	6655	5324	37128
9	146410	7321	5856	42984
10	146410	7321	5856	48841
11	161051	8053	6442	55283
12	161051	8053	6442	61725

As you can see, the trader will have earned over $60,000 over the course of the first year. Furthermore, should the trader continue to profit into year 2, the returns will be substantially more due to the exponential growth.

By the end of year two, the total profit will have exceeded $170,000.

Meet the Team Behind Alpha Capital Group

I first wanted to shine a light on the guys running this firm as they have a huge amount of industry experience which is fantastic.

Alpha Capital Group – The Pros and Cons

The Trading Environment – The Best in the Industry?

Thanks to their vast experience in the finance industry, this firm has managed to create fantastic trading conditions for their members.

The Trading Platform

Alpha Capital Group uses the popular MetaTrader 5 platform for all its traders. MetaTrader 5 is a popular option for many prop firms. There are tons of features such as:

• Dozens of in-built indicators and many more are available to download.
• Create custom indicators and expert advisors using the MT5 language.
• Backtest your strategy using the strategy tester.
• Fully customizable UI – create your ideal dashboard.

The Broker

This firm uses a proprietary brokerage, ACG Markets.

They provide an institutional-grade experience with access to tier-1 bank liquidity via Prime of Prime.

For more information on their brokerage, visit: About us – ACG Markets (acg-markets.com)

Commissions and spreads

Some prop firms in the industry expect their traders to fork out up to $7/lot in commissions. For many traders, this can turn their winning strategy into a losing one. At the very least, it eats away at the trader’s profits.

At Alpha Capital Group, the commission rate is 0%.

In terms of spreads, Alpha Capital Group offers raw spreads from 0.1 pips.

Furthermore, you can try out their platform with a free trial to explore the particular spreads for your chosen instrument.

Tradeable Assets

In terms of instruments, the following are available to trade:

• Forex
• Indices
• Commodities

The leverage across all instruments is set at 1:100.

Dashboard

This is where Alpha Capital Group shines. The dashboard has tons of features including:

• Trade Journal – A free in-built trade journal.
• Account Metrics – Explore how your challenges are going with clear metrics.
• Account Analysis tools – Find out which of your trades are winning. Find weak spots in your strategy.
• TradeMate – All-in-one market data solution. Includes an economic calendar.

Furthermore, the team are not finished yet! They have even more features planned, keep an eye out!

The Alpha Capital Group Trading Competition

Every month, this firm runs a free-to-enter trading competition. The prizes include Alpha Pro challenges ranging from $25,000 to $100,000.

To enter, simply sign up and head to the “Competitions” tab in the dashboard.

What’s more, you can use all the same tools to track and analyse your trading as the challenges.

The Alpha Pro Challenge

At the time of writing, this firm offers the standard two-phase challenge model with four different starting capital options. This challenge is called the “Alpha Pro”.

Profit Targets

The team has pulled out all the stops here and undercut most of its rivals. Take a look at the profit targets for each phase:

As you can see, the profit targets are below that of even My Forex Funds, one of the leaders in the industry.

With these targets, Alpha Capital Group is allowing far more traders to make it into the live-funded account stage. As a result, this means less time in demo accounts and more time earning real money.

Drawdown Allowances

In terms of drawdowns, Alpha Capital Group operates with the standard daily and overall drawdowns.

The daily drawdown is set at 5%. It’s important to note, the daily loss is based on the account balance at the start of the day. let’s look at a couple of examples to make this clear:

The maximum drawdown is much simpler. It is set at 10% of the starting balance. For example, with the $100,000 challenge, the maximum drawdown will be $10,000.

Getting Paid – Profit Share and Pay-out Schedule

As we have covered, the profit share for this firm is set at 80% for the trader.

Traders can request a payout every two weeks, on the 14th and the 28th of each month.

Furthermore, there is no minimum withdrawal amount.

All payments are sent using wire transfer.

Scaling and Max Capital Allocation

In order to reward profitable traders, Alpha Capital Group offers a performance-based scaling program. Each time the trader hits a profit of 10% they will be entitled to scale up the account.

Each time the account is scaled, the capital will increase by 10%.

The chart below shows the potential of this program, based on beginning with a $100,000 funded account.

As for the maximum capital that can be allocated to a single trader, the limit is $2,000,000.

Rules and Restrictions Overview

As with any prop firm, it’s vital that the trader has a full understanding of the rules, restrictions, and guidelines of the company.

Am I allowed to use Expert Advisors?

The use of expert advisors is allowed. The firm requests for anyone using EAs contact them via email to approve it before taking the challenge.

What are the Rules on Copy Trading?

As with many firms, Alpha Capital Group does not allow any type of copy trading. Copy trading increases the risk of the firm’s capital and does not accurately depict the trader’s personal ability.

To be clear, here is what Alpha Capital Group say on the matter:

No, we do not allow copy trading from other groups.

We don’t not allow traders to copy other traders’ trades either.

No Group copy trading is allowed.

The only copy trading allowed is that from your own external account to your account with Alpha capital group limited.

Any traders found copy trading other traders’ trades will be subject to review and potential breach of agreement, meaning you will lose the funded account.

Retries and extension options

Unlimited retries are allowed on all challenges, should the trader run out of time, providing that the following conditions are met:

• The account is in profit.
• All rules have been followed.

Martingale Strategies

As with many firms, Alpha Capital Group does not allow the use of martingale systems. Such systems considerably increase the risk for both the trader and the firm. To be clear, the definition of a martingale strategy is as follows:

Opening a position in the same direction whilst the first position opened is in drawdown. If the consecutive position is opened at an exponent more than 1x we consider this to be martingale strategy. For example, if you open a 1lot buy on GBPUSD, and this position goes into open drawdown, you can open additional buys on GBPUSD as long as the lot size is the same or smaller, you cannot increase the position size. – Once all buys are closed on GBPUSD, you can then open a new first trade on GBPUSD at a position size of your choice unrestricted.

Hedging and Stacking

Hedging and stacking-based strategies are allowed with this firm.

Minimum Trading Days

In order to pass on to the next phase of the challenge or funded account, the trader must have a minimum of 5 trading days.

Importantly, there is a rule set for if the trader completes the challenge before the 5 minimum days:

The trader cannot place “token” trades for the remainder of the challenge (i.e., 0.01 lots). However, the trader may reduce the lot size by up to 75% of their average trade.

What Are The Other Reviews on Alpha Capital Group Like?

Alpha Capital Group has clearly impressed their traders as they have earned a 4.6 TrustPilot rating (which would be higher if it wasn’t for some unjustified reviews).

Reading through the reviews on this firm, there are some recurring points, specifically:

• Great Support – Many reviewers praise the professionalism and helpfulness of the support team, particularly on the discord server.
• Commissions and Spreads – Similarly, reviewers are pleased with the trading conditions, particularly the zero commissions and tight spreads.
• Dashboard – Like us, a lot of the Trustpilot reviewers are impressed with the dashboard Alpha Capital has created.

Let’s take a look at some of the actual reviews from Trustpilot.

Getting Started with Alpha Capital Group

So, if after reading what this firm has to offer, you feel you would like to partner with Alpha Capital Group, here’s how to get started.

Step 1 – Sign Up (Use our link for a 10% discount on the signing fee)

Simply head over to the Alpha Capital Group website by clicking here.

When signing up, be sure to use the promo code: PROPTRADERSCLUB

This will give you 10% off any challenge fee.

Step 2 – Download the Alpha Capital Group MetaTrader Platform

Within your welcome email, you will receive links to download the MetaTrader platform on your particular device.

Step 3 – Login to Your Trading Account

Included in the welcome email will be your login details for your trading account. Use these to log into the MetaTrader platform.

Step 4 – Begin Your Challenge

You’re all set! Make sure you have read and understood all the rules and restrictions. Other than that, good luck on your journey!

For a bit more info, check out their video below:

Conclusion

Overall, this firm has plenty to offer traders. The trading environment is certainly one of this firm’s best features. For anyone who has seen high commissions and spreads eats away at their profits, make sure to check Alpha Capital out.

Furthermore, you can take comfort in the fact that the company is being run by industry professionals who also play an active role in their trader’s success.

With reasonable profit targets, fair rules and a bunch of educational and analytical tools at hand, this firm is certainly one to consider partnering with.

Alpha Capital Group – Frequently Asked Questions