Detailed Guide On The Alpha Capital Group Trading Challenge

Navigating the world of funded trading accounts can be overwhelming, with prop firm challenges often standing between you and your trading goals. These challenges can make or break your success, determining whether you’ll flourish or fumble in the fast-paced trading environment. In this guide, we'll explore how Alpha Capital Group can help you tackle these challenges, equipping you with the knowledge and confidence needed to successfully navigate the world of funded trading accounts.

The funded trading program by AquaFunded provides a tailored solution to overcome prop firm challenges and reach your trading objectives.

What Is The Alpha Capital Group?

Alpha Capital Group, officially Alpha Capital Group Limited, is a proprietary trading firm based in London, UK. Established on November 2, 2021, it operates under the leadership of CEO George Kohler. The firm offers traders options between two account types and two-step evaluations as they build their ACG Markets brokerage. With headquarters at 10 Lower Thames Street, Billingsgate, London, Alpha Capital Group is a critical player in the trading sector.

What Alpha Capital Group Offers

Alpha Capital Group provides traders a robust platform with educational videos, market insights, mentoring, trading strategies, and custom-built technology. This comprehensive toolkit aims to assist traders in securing funding and transitioning into proprietary traders within the group. Traders can earn significant profits by managing account sizes up to $200,000 and enjoying an 80% profit split. This is achievable by trading various financial instruments such as forex pairs, commodities, and indices.

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Key Features of Alpha Capital Group Trading Challenge

1. Account Sizes and Fees

Alpha Capital Group offers a range of account sizes for its evaluation program, catering to various trader preferences. You can start with a $10,000 account for a fee of $97, or choose from more extensive options like $25,000 for $197, $50,000 for $297, $100,000 for $497, and $200,000 for $997.

2. Phase 1 Details

The evaluation program's first phase is about proving your trading skills with unlimited trading days. You need to hit an 8% profit target, which translates to $16,000 on a $200,000 account. The maximum drawdown is capped at $20,000 (10%), with a daily limit of $10,000 (5%). You must trade for at least three days and enjoy perks like zero commission, trading through news, and holding positions over the weekend.

3. Phase 2 Requirements

Phase 2 continues with unlimited trading days but with a lower profit target of 5%, or $10,000 on a $200,000 account. The drawdown limits remain at 10% overall and 5% daily. As with Phase 1, trade for at least three days, with the same benefits of no commission, trading during news events, and holding over the weekend.

4. Funded Account Perks

Once funded, traders have no profit target but must adhere to the drawdown rules: 10% overall and 5% daily. With a required minimum of five trading days, you get an 80% profit share. Enjoy the same benefits as the evaluation phases, with a fully refunded free bonus.

5. Scaling Up

The program offers a scaling plan once your account grows by 10%. This means your funded account can increase by 10%, allowing you to withdraw profits while growing your account balance.

6. Trading Instruments

Trade commodities, indices, and FX pairings in the evaluation program accounts.

AquaFunded: Where Ambition Meets Opportunity

AquaFunded is a Dubai-based funded trading program that allows traders to access large capital accounts and earn up to 95% profit splits. The company provides a unique funding model with easy-to-achieve 8% profit targets and fast bi-weekly payouts, with an option for the first payout in just seven days. 

AquaFunded caters to traders of all experience levels, from beginners to those with a few years of experience, who want to trade with reduced risk using the firm's capital instead of their own. With its competitive features and UAE-based operations, AquaFunded aims to stand out in the crowded prop trading market and provide a trustworthy platform for traders looking to scale their profits. Get started with AquaFunded's funded trading program today!

Alpha Capital Group Challenge Vs. AquaFunded Challenge

Funding Structure: Starting Strong

AquaFunded and Alpha Capital Group provide various pathways for traders to demonstrate their skills before receiving funding. AquaFunded presents a range of challenge types, including 1-step, 2-step, 2-step pro, and 3-step challenges. Their account sizes range from $25K to $200K, emphasizing flexibility in trading styles and leverage. On the other hand, Alpha Capital Group offers account sizes from $10,000 to $200,000, with scaling plans that allow successful traders to climb to higher levels based on their performance.

Profit Targets: Achievable Goals

Profit targets are a crucial aspect of any trading challenge. AquaFunded sets moderate profit targets based on account size and challenge type. In their one-phase challenge, traders must reach a 9% profit target without breaking the rules. The two-phase challenge requires traders to achieve an 8% profit target in phase one and a 5% target in phase two. Similarly, Alpha Capital Group sets profit targets of 8% in phase one and 5% in phase two.

Drawdown Rules: Keeping It Safe

Both firms have specific drawdown rules to encourage risk management. AquaFunded has total drawdown limits ranging from 6% to 8%. Alpha Capital Group typically sets a maximum drawdown rule of around 10%, with daily drawdown limits of around 5%.

Leverage: Potential in Your Hands

Leverage is a tool that can significantly impact trading strategies. AquaFunded generally offers flexible leverage, with account leverage set at 1:100 for all evaluations and funded accounts. Alpha Capital Group authorizes leverage ratios of up to 1:100 to manage evaluation program accounts.

Challenge Fees: Paying to Play

The cost of participating in these challenges can vary. AquaFunded’s fees depend on the account size and level of funding targeted. Prices for 1-step challenges start at $50 for a $5K account, rising to $762 for a $200K account. The 2-step challenges begin at $42 for the most minor account, increasing to $920 for the largest. Alpha Capital Group’s challenge fees vary based on account size, with ranges like $97, $197, $297, $497, and $997.

Trading Platforms and Instruments: The Right Tools

Both firms utilize the MetaTrader 5 (MT5) platform for trading. MT5 is known for its advanced features, tools, and multi-asset support, making it a popular choice among traders.

Profit Split: What's Yours Is Yours

AquaFunded offers a competitive profit split, with traders keeping 95% of their profits, among the highest in the industry. Once funded, Alpha Capital Group typically starts profit splits at 80% to the trader and 20% to the firm.

7 Tips On How To Pass The Alpha Capital Group Challenge

1. Start with AquaFunded

Consider AquaFunded as you explore funded trading programs. AquaFunded stands out with its Dubai-based operations, giving traders access to significant capital accounts. You can earn up to 95% profit splits. The program sets an achievable 8% profit target and offers quick payouts. 

You can even get your first payout in just seven days. AquaFunded is designed for traders at all levels who want to trade with less risk by using the firm’s capital. Its unique features aim to provide a reliable platform for those looking to scale up profits.

2. Master Risk Management

Risk management is crucial when taking on any prop trading challenge. Show how well you can handle risk by using stop-loss orders and adjusting position sizes. Differentiate your trades to minimize risk. This protects your capital and shows you how to keep losses in check. Many prop firms offer tools like margin calculators to help you, so make sure you use them.

3. Tap into Educational Resources

Prop firms often provide a wealth of educational materials. Use these resources to boost your trading skills. Webinars and tutorials can help you understand market dynamics and refine your strategies. Engaging with these materials shows you’re committed to learning and improving, traits that prop firms' value.

4. Seek Out Mentorship

If the prop firm offers mentorship, don’t hesitate to reach out. Experienced traders can provide insights and feedback that can refine your approach. Engaging with mentors shows you’re open to learning from experts and willing to adapt to their advice.

5. Maintain Consistency and Profitability

Prop firms look for both consistency and profitability in traders. Consistency means maintaining stable performance over time, not just hitting big profits on a few trades. Focus on building a record that proves you can generate profits consistently.

6. Keep a Detailed Trading Journal

Recording and analyzing your trades is key during a prop trading challenge. Document each trade, noting your decisions, entry and exit points, and any key observations. This helps you spot patterns and make informed adjustments to your strategy.

7. Stick to Your Trading Plan

A well-defined and tested trading strategy is essential before starting a challenge. Once you’re trading, stick to this plan. Avoid impulsive or emotional decisions. This shows discipline and consistency, which prop firms highly value.

Pros and Cons of Alpha Capital Group Trading Challenge

Pros of Alpha Capital Group

1. Fantastic Customer Support  

Many clients love the support team for being quick and helpful. They often mention individual team members who go the extra mile to make things personal. It's nice to know someone has your back and can fix it quickly when you're in a jam.

2. Smooth Payout Process  

Despite some hiccups here and there, most traders find the payout process works well. They appreciate that the team is professional and patient when dealing with issues.

3. Great Trading Conditions  

Traders have good things to say about the platform's trading conditions. They like the low spreads and how fast trades get executed, which lets them take advantage of market moves without worrying about costs or delays.

4. Zero Commission Fees  

The lack of commission fees is a big draw for many traders. They also appreciate the reasonable spreads on popular products like gold, which can save them money in the long run.

Cons of Alpha Capital Group

1. Transition Delays and Payout Issues  

Some users report delays and issues with moving from one phase to the following or receiving payouts. This can be frustrating when trying to stay on top of your game.

2. Slow Email Responses  

While live chat support is generally quick, some traders find email responses slow. This contrast in service can be jarring when you're used to getting help quickly.

3. Account Compromises  

A few traders have raised concerns about their accounts being compromised or even closed, especially after making big profits. This can be severe if you rely on your account to make a living.

4. Complicated KYC Process  

The Know Your Customer (KYC) process can be a headache for some traders. They report challenges and occasional rejections, making starting or continuing trading tough.

5. Slippage and Price Feed Concerns  

Some traders have complained about slippage and suspected manipulated price feeds. These issues can mess with your trading strategy and make it hard to trust the platform.

6. Transparency Issues  

A few clients question the firm's transparency and fairness in its operations. They worry that they might only get part of the story and that there could be hidden fees or other surprises.

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Join Our Funded Trading Program Today - Trade with our Capital and Keep 90% of the Profit.

AquaFunded, rooted in the vibrant hustle of Dubai, is like a breath of fresh air for traders seeking actual funding. Consider this: Up to 95% profit splits, and you only need to hit an 8% profit target to get there. That’s a deal you don’t see every day. And the best part? You can start cashing out your profits in as little as seven days. It’s fast, efficient, and confidence-boosting in a world where speed and trust are everything.

From Newbies to Pros: A Fit for All Traders

Whether you’re just starting or have a few years under your belt, AquaFunded’s model caters to you. New traders can learn to manage risk without losing sleep, while seasoned traders can leverage their capital to amp up their strategies. It’s a win-win that lets you focus on what’s essential: trading successfully. AquaFunded offers an appealing path, whether you’re just dipping your toes in or ready to swim with the big fish.

The AquaFunded Advantage: Why Choose Them?

Choosing AquaFunded is about more than just numbers; it’s about peace of mind. Their UAE base offers a level of credibility and stability that’s crucial in today’s trading markets. Combined with their unique features, like easy targets and quick payouts, they’re not just another player but a leader. AquaFunded allows traders to reach new heights without the typical hurdles or headaches.

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