Frequently asked questions

Profit withdrawals on funded accounts are available bi-weekly. There is no minimum withdrawal requirement.

Please submit a withdrawal request in the form of an invoice addressed to Alpha Capital Group limited on the 14th & 28th of each month.

All withdrawals will be processed and paid within 5 business days.

All trades must be closed on the account at the time of making a withdrawal request, trading can resume once the withdrawal amount has been withdrawn from the trading account balance.

Please submit all withdrawal requests toaccounts@alphacapitalgroup.uk

Profit withdrawals will be sent via bank wire transfer.

We have partnered with a deliverable FX institution meaning our clients can benefit from 0.3% exchange rate fees when receiving profit withdrawals in your domestic currencies.

Please submit all withdrawal requests toaccounts@alphacapitalgroup.uk

Each individual trader is limited to 1 evaluation account at any one time.

Each separate account must be traded with a different strategy, you cannot duplicate trades on 2 funded accounts (or do the opposite trade on each funded account)

$400k is the max capital allocation per individual trader (before capital growth)

Each separate account must be traded with a different strategy, you cannot duplicate trades on 2 funded accounts (or do the opposite trade on each funded account)

After purchasing an evaluation programme, account credentials are instant

If purchased via our sales page, account credentials are sent within 24hours, usually within a few hours.

Yes, If a trader reaches the time limit but hasn’t reached the required profit target and all other trading rules have been met. Then the trader will be eligible for a free attempt.

There is no limit on the number of free retries, as long as the account is in profit and no other rules have been breached, you will automatically qualify.

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Max capital growth is $2m on the Alpha Pro Plan

Traders who achieve a 10% growth on their trading account can request for scaling.

The scaling amount will be 10%.

This allows the trader to withdraw full profits made, scale simultaneously and compound grow the trading account.

Please refer to the scaling plan found in the funding tab of our website.

No, you can withdraw the profits after requesting scaling.

We will then deposit 10% into the trading account for the capital growth.

Yes, there is no secondary review or consistency rule.

If the trader has met all of the required trading objectives within the set time frame and hasn’t breached any rules, then the trader will pass the evaluation phase and move onto a live funded account.

Yes, once the trader has passed the evaluation phase, a trader’s agreement between alpha capital group limited and the trader will be signed prior to receiving the live funded account.

Please emailaccounts@alphacapitalgroup.ukfor a copy of this agreement.

Currently we only offer Meta Trader 5 platform, however, we do allow you to copy from your own Meta trader 4 or C trader account.

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.

FX

Commodities

Indices

The trading rules are the same on live funded account the that of the evaluation.

Depending on the plan you have selected, the same risk parameters will apply for both the evaluation phase and live funded.

The only rule that is removed is the profit target rule.

No, Martingale strategies or Martingale EAs are not allowed.

Alpha Capital Group consider Martingale strategies to be the following:

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.

Yes, Hedging and stacking trades is allowed.

Hedging Is classified as the following: having trades running in both directions on the same instrument.

Stacking is classified as the following: opening 3 or more trades on the same instrument at the same time at the same price.

No, stop loss and Take profits are not necessarily required, however, we do strongly recommend the use of them.

EAs which use virtual or hidden stop loss & take profit levels are also allowed.

You must continue to trade until you meet the minimum trading days requirement.

We understand that if you have reached the profit target you may not want to risk taking a loss and having to regain profit require to pass.

With the above in mind, you can reduce your lot by a maximum of 75% (and no more) in order to finish the remaining trading days requirement.

No, once you are a funded trader with Alpha Capital Group, there are no profit requirements or pressure to make X amount each month.

You are required to maintain the same level of risk in accordance with the funding plan.

Please submit all withdrawal requests toaccounts@alphacapitalgroup.uk

No, there is no minimum or maximum withdrawal limit. Any profit made on the account is available for withdrawal on the 14th and 28th of each month.

Please submit all withdrawal requests toaccounts@alphacapitalgroup.uk

Daily loss limit is calculated based on 5% of the starting balance of each trading day.

This is the Account balance at the close of the daily candle on broker time.

For example, if the account balance is $100,000 and your equity is $101,000 (at the close of the daily candle), then your max daily risk for the following day will be 5% of the starting balance of the day $100,000 = $5000, and the profits on your P/L carried over from the previous trading day will be added to your daily loss limit. in this case, $5000 + $1000 = $6000.

The daily loss limit for this given day would still be $5000, but you’re allowed to lose $1000 more of the floating profits for a total of $6000.

Alternatively, if the account balance is $100,000 and your equity is $99,000 (at the close of the daily candle) then the max daily risk for the following day would be 5% of the starting balance of the day $100,000 = $5000, and the losing positions on your P/L results carried over from the previous trading day will be deducted to your daily loss limit, in this case, $5000 – $1000 = $4000.

The daily loss limit for this given day would still be $5000 initially, but since there’s a carried loss of -$1000 then will be deducted from the daily loss limit, and now a remainder of $4000 is left to lose before the account is flagged as Failed as per the daily loss limit.

Experience is not required to purchase and attempt a funding evaluation.

However, without experience your chance of passing an evaluation is very unlikely.

For those who are new to trading and would like to gain an understanding, we recommend going to our academy section and completing an educational course built by industry professionals.

No, we are a proprietary trading company.

A minimum lot rule only applies once profit target has been reached (before the minimum trading days.

This is to ensure we collect sufficient trading data on the strategy (placing 0.1 lot trades defeats the reason for having a minimum trading days rule)

For example:

  • – Total Lots: 523lots

  • – Total Trades: 75

  • – Average Lot (total lots/total trades): 6.97 lots

Min Lot (75% reduction) Avg lot x 0.25: 1.74 Minimum lot

We appreciate that different lots will be used depending on the asset class i.e., FX, Indices, commodities, and this is taken into consideration.

This rule is only in place to ensure that traders do not fulfil the minimum trading days requirement using micro lots. As we are ultimately looking for consistent traders.

ALPHA PRO

Profit withdrawals on funded accounts are available bi-weekly. There is no minimum withdrawal requirement. Please submit a withdrawal request in the form of an invoice addressed to Alpha Capital Group limited on the 14th & 28th of each month. All withdrawals will be processed and paid within 3 business days. All trades must be closed on the account at the time of making a withdrawal request, trading can resume once the withdrawal amount has been withdrawn from the trading account balance. Please submit all withdrawal requests toaccounts@alphacapitalgroup.uk</a >

Phase 1: 8% total profit target.

Phase 2: 4% total profit target

Calculated on the initial starting balance of the account.

For example, $100,000, 8% Profit target =$8,000.

The account balance must be equal to $108,000, including account equity, meaning all positions must be closed.

All available assets can be traded: FX, Indices, Commodities

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Daily loss limit is calculated based on 5% of the starting balance of each trading day.

This is the Account balance at the close of the daily candle on broker time.

For example, if the account balance is $100,000 and your equity is $101,000 (at the close of the daily candle), then your max daily risk for the following day will be 5% of the starting balance of the day $100,000 = $5000, and the profits on your P/L carried over from the previous trading day will be added to your daily loss limit. in this case, $5000 + $1000 = $6000.

The daily loss limit for this given day would still be $5000, but you’re allowed to lose $1000 more of the floating profits for a total of $6000.

Alternatively, if the account balance is $100,000 and your equity is $99,000 (at the close of the daily candle) then the max daily risk for the following day would be 5% of the starting balance of the day $100,000 = $5000, and the losing positions on your P/L results carried over from the previous trading day will be deducted to your daily loss limit, in this case, $5000 – $1000 = $4000.

The daily loss limit for this given day would still be $5000 initially, but since there’s a carried loss of -$1000 then will be deducted from the daily loss limit, and now a remainder of $4000 is left to lose before the account is flagged as Failed as per the daily loss limit.

Maximum of 10% loss on the initial starting balance.

For example, on a 100k evaluation, the maximum loss is $10,000. This rule is breached if the account balance or equity drops below $90,000.

Phase 1: minimum trading days = 10

Phase 2: minimum trading days = 10

The total evaluation is a max of 90 calendar days.

Phase 1 is a max of 30 calendar days.

Phase 2 is a max of 60 calendar days

Max capital allocation is $2m

At every 10% gain, the trader can submit the account for capital growth.

Please see the scaling plan under the funding tab for further info on growth stages.

Yes, EAs are allowed.

EAs are also allowed to use virtual/hidden stop losses.

Yes, you can hold your positions over night and over the weekend

Yes, there are no trading restrictions around news or high impact news releases

No, Martingale strategies or Martingale EAs are not allowed.

Alpha Capital Group consider Martingale strategies to be the following:

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.

Yes, Hedging and stacking trades is allowed.

Hedging Is classified as the following: having trades running in both directions on the same instrument.

Stacking is classified as the following: opening 3 or more trades on the same instrument at the same time at the same price.

Taking advantage of unrealistic fills is not allowed and will lead to account failure.

Strategies that are prohibited:

  • – Latency Trading

  • – Arbitrage Trading

  • – High Frequency trading

If you’re average trade duration across all trades is under 2 minutes, the team till need to review your strategy to ensure we can support it in live markets. *Note, you will not be penalised for a few trades being under 2 minutes duration, we take into account the average of every trade placed.

If you are unsure as to whether your EA or manual scalping strategy will be prohibited, please create a free trial account in our dashboard, and let us know the account number, we can review and approve the strategy

for you before proceeding with an evaluation.

There are no max lot size limits during the challenge.

A minimum lot size rule does apply if you meet the profit target before completing the minimum trading days.

The rule is that the minimum lot size must not be less than 75% of your max lot.

For instance, if you average a 1 Lot per position, a 75% reduction of this would be 0.25 lot, so this would be your minimum lot.

We appreciate that different lots will be used depending on the asset class i.e., FX, Indices, commodities and this is taken into consideration.

This rule is only in place to ensure that traders do not fulfil the minimum trading days requirement using micro lots. As we are ultimately looking for consistent traders.

This is to ensure we collect sufficient trading data on the strategy (placing 0.1 lot trades defeats the reason for having a minimum trading days rule)

For example:

  • – Total Lots: 523lots

  • – Total Trades: 75

  • – Average Lot (total lots/total trades): 6.97 lots

Min Lot (75% reduction) Avg lot x 0.25: 1.74 Minimum lot

$50k = Max 20 lots

$100k = Max 40 lots

$200k = Max 80 lots

Yes, If a trader reaches the time limit but hasn’t reached the required profit target and all other trading rules have been met. Then the trader will be eligible for a free attempt.

There is no limit on the number of free retries. If the account is in profit and no other rules have been breached, you will automatically qualify.

Schedule a call

We pride our selves on our services provided to our traders, if there is something you feel that would benefit your trading career that you cannot find on our site, please fill out the below form, we would love to hear from you!

Location
10 Lower Thames Street, Billingsgate, London, England, EC3R 6AF
Location
Info@alphacapitalsgroup.uk
Location
Mon – Fri: 8am – 8pm (GMT)