Trading Terms and Conditions

You can find everything you need to know about us, Alpha Capital Group Limited, and our services on our website Alpha Capital (alphacapitalgroup.uk) before you sign up for an Alpha Pro Account. We also confirm the key information to you in writing after you order within your online account.

These Virtual Trading Terms and Conditions are supplemental to, and form part of, the General Services Agreement which is entered into by you when you sign up for an Alpha Pro Account.

1. Changes to these Virtual Trading Terms and Conditions

We reserve the right, in our sole discretion, to update, change or replace any part of these Virtual Trading Terms and Conditions by posting updates to these Virtual Trading Terms and Conditions on our website.

These Virtual Trading Terms and Conditions were last updated on [20-01-2024], for a list of changes and when they were made, see [https://alphacapitalgroup.uk/trading termscondition/].

It is your responsibility to check our website periodically for changes to these Virtual Trading Terms and Conditions and the Services (as defined below). We reserve the right to modify the contents of our website at any time, but we have no obligation to update any information on our website. You agree that it is your responsibility to monitor changes to our website.

Your continued use of the Services following the posting of any changes to these Trading Terms and Conditions constitutes acceptance of those changes.

Subject to Users signing up to our General Services Agreement, we provide Users with the opportunity trade in a virtual capacity where live market conditions are simulated offering you the opportunity to gain experience of trading risking only virtual funds. We also provide a knowledge base which includes several online resources as well as email and live chat support (the “Support”). The provision of the Virtual Account and the Support being collectively the “Services”.

You acknowledge that: (i) any trading that you perform as part of the Services is not real but simulated; (ii) the funds provided to you within an Alpha Pro Account are virtual funds which are not real and that you have no right to possess those virtual funds beyond the scope of their use within the Services; (iii) the virtual funds within your Alpha Pro Account may not be used for any actual trading; and (iv) you are not entitled to the payment of the virtual funds generated within your Alpha Pro Account, nor will you be required to pay any virtual losses.

The Services are only intended for persons over the age of 18 residing in the country for which the Services are available. By registering for an account on our site, you confirm that you are over 18 years of age. If you are under 18 years of age, you may not use the Services.

We offer a Free Trial Account. Following your registration as a Trial User, you may access and use your Free Trial Account to place virtual trades to test your strategy and determine whether you wish to purchase an Alpha Pro Account. Further details can be located here:

We offer two Alpha Pro Accounts:

Following your registration as a User, you will be eligible for an Analyst Account. You will be required to complete two challenge phases, with the exact challenge requirements dependent on the Analyst Account chosen. Further details can be located here: . For the avoidance of doubt, no [Virtual Performance Fees] are payable in respect of activity undertaken through an Analyst Account.

If you successfully complete the two challenge phases associated with an Analyst Account you will be eligible for a Qualified Analyst Account. A Qualified Analyst Account does not here: Alpha Capital (alphacapitalgroup.uk).

1. Virtual Performance Fees

order to generate sufficient profits to make any Virtual Performance Fees, or we may simply fund such Virtual Performance Fee from our own funds. For the avoidance of doubt, you will never be provided with access to the live market through your use of the Services.

You will have the opportunity to make withdrawals bi-weekly. Please submit a performance fee request via the dashboard platform https://app.alphacapitalgroup.uk/profile  .

To receive any Virtual Performance Fee under this clause, you must request payment by wire transfer within the dashboard of your Alpha Pro Account. An exchange rate fee, as set by the provider from time to time, applies when receiving Virtual Performance Fees in your domestic currencies. A link to the provider’s terms is set out in the General Services Agreement;

requests will be processed and paid within 3 business days.

All virtual trades must be closed within your Alpha Pro Account at the time of making a withdrawal request, virtual trading can resume once the withdrawal amount has been withdrawn from the Alpha Pro Account balance.

2. Virtual Trading Rules

• the Alpha Pro Account and all virtual funds within it remain the property of Alpha Capital Group Limited (the “Account Owner”);
• Analysts and Qualified Analysts may receive account credentials, trade execution rights and statements for their Alpha Pro Account account on behalf of the Account Owner, yet are prohibited from any direct contact with, or instruction to any Account Owner broker or any other intermediary. Any such direct and non-Account Owner sanctioned contact with any Account Owner broker or intermediary will result in instant termination of the Services to the User and Alpha Pro Account closure;
• each Analyst is limited to one active Alpha Pro Account at any one time (such account having a maximum nominal capital allocation of $400,000);
• no Group copy trading is allowed. The only copy trading allowed is that from your own external account to your Alpha Pro Account. Any Analysts found copy trading other traders’ trades will be subject to review and if found to be in breach of these Virtual Trading Terms and Conditions, revocation of your Alpha Pro Account;

• Tradeable Assets: Alpha Pro: FX/Indices/Commodities;
• Martingale Strategies are not allowed. We 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 1.1x we consider this to be martingale strategy. If an Analyst breaches this rule, it will result in a failure of the challenge phase of the Analyst Account;
• the in phase one and 3 minimum trading days in phase two. Analysts must continue to trade until they meet the minimum trading days requirement. We understand that if an Analyst has reached the Virtual Profit Target they may not want to risk taking a loss and having to regain the virtual profit required to pass the challenge phases.
• Once an Analyst becomes a Qualified Analyst and is provided with a Qualified Analyst Account there are no Virtual Profit Targets that need to be met nor does a Qualified Analyst have to reach a minimum Virtual Profit Target before requesting on a Qualified Analyst Account;
• A Qualified Analyst is required to maintain the same level of risk on a Qualified Analyst Account in accordance with the funding plan, a breach of the risk will result in account closure and termination of the [General Services Agreement]; and
• Position Size limits. Analyst Account: There is no max position size exposure during the evaluation. Qualified exposure 2.5 lots. $10k = Max exposure 5 lots. $25k = Max exposure 10 lots. $50k = Max exposure 20 lots. $100k = Max exposure 40 lots. $200k = Max exposure 80 lots. $300k = Max exposure 120 lots.

3. Professional Disclaimer

Alpha Pro Accounts are not live trading accounts, they are fully simulated accounts utilising real market quotes from liquidity providers. The traders featured are representative only and include selected traders who allow their names to be publicly disclosed. Trader performance quoted represents past performance in a simulated environment and does not guarantee current or future performance. Further, actual financial instrument trading involves substantial risk of loss and is not suitable for every investor.  The virtual trading activities referenced by or undertaken utilising Alpha Capital Group Limited are designed as an educational service but are not intended to promote or encourage you to engage in live trading activity and may not be suitable for all persons.

Ultimately, trading in financial markets is a high-risk activity and it is advised not to risk more than one can afford to lose.

Information and materials provided by Alpha as part of the Services is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments.

4. Qualified Analyst Account Disclaimer

Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading activity. Also, because the trades are virtual (i.e, they have not actually been executed), the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any Alpha Pro Account will or is likely to achieve virtual profit or losses similar to those shown.