Alpha Capital Review – Suspiciously Impressive Reviews Raise Doubt

The Alpha Capital prop firm is a UK-established company with a seemingly spotless reputation. Their generous funded program is sure to attract many talented Forex investors and traders that manage their risks professionally well.

However, there’s some things we’d like to express our concern about. They’re all listed in the following Alpha Capital review.

Type of Company	Proprietary Firm
Regulated by:	No regulation expected
Is This Company Safe?	Despite promising ratings, we advise caution.
Known Websites:	alphacapitalgroup.uk
Have Warnings from:	N/A
Registered in:	UK
Operating since:	2021
Trading Platforms:	MT5, cTrader
Maximum Leverage:	1:100
Minimum Deposit:	$297
Deposit Bonus:	Not available
Trading Assets:	Forex, CFDs on Indices, CFDs on Energies, Metals
Free Demo Account:	Available
How to  Withdraw from This Company?	Withdrawals are promised to be hustle-free, but if you experience trouble let us know via our online chat feature.

Combo of UK and Offshore Setups

The Alpha Capital Group prop firm was legally registered with the UK Companies House as an “other information technology service activities” business. Since this sort of conduct doesn’t require a financial permit from FCA, they didn’t acquire one.

However, the company itself has established their own brokerage brand in the offshore zone. ACG Markets – proprietary brokerage platform owned by the firm is registered and regulated in the Seychelles by FSA. It is well-known that offshore Forex dealers aren’t even remotely as safe as their competition with a Tier 1 license. Therefore, we still advise caution.

Many illicit Forex providers pick tax havens for conducting their brokerage activities. AlgoTech Trade is another suspected fraudster that’s probably hiding in such a country.

Flawless Ratings – Or Are They?

After exploring Trustpilot in search of the Alpha Capital reviews we were impressed with the number of positive reviews and the current average rating. Out of a total of almost 1.500 reviews, the firm sports a stark reputation of 4.5 out of 5 stars.

Naturally, we immediately thought it strange not to see the same scores on other popular review sites like Sitejabber, Reviews.io, TrustedReviews and 99Consumer – quite the contrary!

There’s either only several negative opinions or no reviews posted at all. If you think that’s unnatural, that’s because it is. This points at potential involvement of review selling networks and artificial boost to the overall trust score, so don’t trust these impressive ratings much.

Social Networks Propaganda

As the majority of prop firms do today, this one also uses social platforms as a means of reaching their targeted audience. The firm has profiles registered on X, Youtube, Discord and Instagram.

All of these sites have thousands of followers and subscribers, so you can immediately tell their marketing campaign is quite efficient.

It wouldn’t be a surprise to see engagement of boiler room operators in the scheme, as well. After all, such campaigns help companies get new registrants literally overnight, all by promising unrealistic trading conditions and huge pools of money.

Targeted Audience

Ever since the initial launch in November, 2021, the company has been focused on offering their services to English speaking areas:

• United Kingdom
• United States

Whether you reside in any of these countries or not, doesn’t particularly matter. If you find yourself struggling to make a withdrawal, our recovery experts are at your disposal.

MT5 and cTrader Exclusively

The same Alpha Capital trading platforms available for all registrants. Whether you’re an owner of the Alpha Capital funded account or free trial program participant, MetaTrader 5 and cTrader are the default options. As widely known, these software solutions are regarded as premium technological innovations in the field of online trading.

Sporting a rich choice of indicators and other advanced tools, platforms allow in-depth technical and fundamental analysis for the best strategy building.

Mobile App Also Available

Since both of these trading portals support trading on other devices than just PC, their mobile variants are present in the app stores.

Users can trade on the go and whenever they wish, without worrying about the app’s performance. With highest scores and number of downloads, these apps are the current industry leaders among all other trading terminals.

Poor Choice of Assets

Around 40 tradable instruments are available for trading in total, with special emphasis on Alpha Capital FX pairs. Quite a narrow choice compared to other prop firms and especially other regulated brokerages. Here’s some of the more popular ones:

• Forex – EUR/USD, EUR/AUD, GBP/JPY
• CFDs on Indices – NAS100, HK50, JPN225
• CFDs on Energies – UKOil, USOil
• Metals – Silver, Gold

Assessment Options – Funded Accounts

The Alpha pro accounts feature three variants, depending on the total amount available for funded trading. Each has two phases with an unlimited number of days for trading.

Also, each package has a target goal of 8% for the first phase and 5% target profit goal for the second phase, as well as a max drawdown of 10%. Here’s the participants fee required to obtain the package:

• $ 200K – $997
• $ 100K – $497
• $ 50K – $297

Trial Accounts

Free trial accounts are only available for a period of 14 days. Virtual profit target isn’t set and the maximum loss allowed is 10%. As for the virtual funds available, the variants are the same as in the Alpha Capital funding pro phase.

Trading Parameters

As previously noted, the maximum allowed leverage during both funded or trial phase is 1:100. As for the trading commissions, 0$ is charged on fx/metals/commodities with standard spreads but $5 with raw spreads. Indices always feature no commission and the same spreads as with aforementioned.

Beware of the high leverage however, as illicit portals like Ocean Markets are known to feature incredibly high exposure as a bait.

Profit Payouts

The Alpha Capital withdrawal works through these options:

• Rise
• Wise
• Bank Transfer

Using these methods, applicants get 80% split of the profit accumulated, commonly referred to as performance fees. However, according to many users complaining on missing payouts, we’d advise our audience to be careful and consider our chargeback options in case of trouble.

Final Advice From Recovery Experts

Whatever platform may promise and however attractive their score may seem, there’s always space for misuse and withdrawals being blocked. That’s why we have employed chargeback experts that are always at your disposal. In order to book your free consultation, contact our chat agents.