Alpha Capital Group vs Blue Guardian

Incorporation ๐Ÿ
Alpha Capital Group
November 2021
Blue Guardian
June 2019
Pros โœ…
Alpha Capital Group
- Excellent Trustpilot rating of 4.6/5 and Free Trial - $2,000,000 max capital with 80% profit share and bi-weekly payouts - Overnight, weekend, and news trading permitted - Scaling option with 1:100 leverage - Professional trading dashboard.
Blue Guardian
- $400,000 standard account cap with potential to scale to $2,000,000. - Exceptional 4.8/5 Trustpilot rating with 85% profit share. - Leverage up to 1:100 and minimal evaluation goals of 8% and 4%. - Supports overnight, weekend positions, and news trading. - Comprehensive user interface with diverse trading tools (forex, commodities, crypto, etc.).
Cons โŒ
Alpha Capital Group
- Limited trading instruments: Forex pairs, commodities, indices - Lot size limit & consistency rule - Minimum average trade duration of 2 minutes rule
Blue Guardian
- Mandatory 5 trading days for Elite Guardian - Absence of a free trial
Rules ๐Ÿ“‹
Alpha Capital Group
Lot Size Limit, Maximum Daily Loss, Maximum Loss, Minimum Trading Days, No Martingale Allowed, Profit Target, Third Party Copy Trading Risk, Third Party EA Risk
Blue Guardian
Maximum Daily Loss, Maximum Loss, Maximum Trading Days, Minimum Trading Days, Profit Target, Third Party Copy Trading Risk, Third Party EA Risk
Deposit ๐Ÿง
Alpha Capital Group
Credit/debit cards
Blue Guardian
Credit/debit cards, Crypto
Withdrawal ๐Ÿ’ฐ
Alpha Capital Group
Bank Wire Transfer, Deel
Blue Guardian
Bank Wire Transfer, Crypto, Deel
Account Size ๐Ÿช™
Alpha Capital Group
"$10,000 USD", "$100,000 USD", "$200,000 USD", "$25,000 USD", "$50,000 USD"
Blue Guardian
"$10,000 USD", "$100,000 USD", "$200,000 USD", "$25,000 USD", "$50,000 USD"
Instruments ๐Ÿ“ˆ
Alpha Capital Group
Commodities, Forex, Indices
Blue Guardian
Commodities, Crypto, Forex, Indices, Metals
Currencies ๐Ÿ’ฑ
Alpha Capital Group
USD
Blue Guardian
USD

Introduction

Retail traders in search of suitable proprietary trading firms face a plethora of options, each with unique offerings and limitations. To assist in the decision-making process, we present a comprehensive review of two noteworthy firms: Alpha Capital Group and Blue Guardian. Our goal is to dissect their services, scrutinize their benefits and drawbacks, and juxtapose these features to provide an unfiltered perspective that can help traders determine the optimal fit for their trading strategy and growth plans.

Alpha Capital Group Overview

Alpha Capital Group commands attention with an excellent Trustpilot rating of 4.6 out of 5, which serves as a strong testament to their reliability and customer satisfaction. Their enticing promise of a $2,000,000 max capital allocation combined with an 80% profit share rightly catches the eye of ambitious traders. Bi-weekly payouts ensure fluid access to the fruits of their labor, while the freedom to engage in overnight, weekend, and news trading adds layers of strategic possibilities. A scaling option with a leverage ratio of 1:100 sweetens the pot further, amplified by the allure of a professional trading dashboard that supports informed decision-making.

Blue Guardian Overview

In the other corner, we have Blue Guardian shining with an exceptional Trustpilot score of 4.8 out of 5, edging out Alpha Capital Group by a small yet potentially influential margin. Although their standard account cap starts at $400,000, traders with the Midas touch can elevate it to the same lofty $2,000,000 height as their rivals. An 85% profit share is alluring, and the minimal evaluation goals of 8% and 4% are enticing for traders confident in their abilities. Blue Guardian empowers its clients with versatile trading tools across various asset classes, including forex, commodities, and crypto, all effortlessly accessible through a comprehensive user interface.

Comparative Analysis

Upon delving into the details, we notice friction points with each firm's offerings. Alpha Capital Group's decision to limit trading instruments to forex pairs, commodities, and indices may impede traders accustomed to a wider canvas. The presence of rules such as lot size limits and minimum average trade durations erect barriers that could stifle certain trading styles or strategies. Conversely, Blue Guardian's mandate of 5 trading days to qualify for their Elite Guardian program signals a commitment to consistent engagement, though it may deter those seeking rapid results. The conspicuous absence of a free trial could be a stumbling block for skeptics who prefer to test waters before diving in headlong.

Rules and Regulations

Traders must also navigate a landscape of rules, some shared, like maximum daily loss constraints and profit targets, others unique, such as Alpha's prohibition of Martingale strategies. The presence of these regulations ensures a level of risk management for the firms but potentially hampers traders' full expression of tactical flexibility.

Financial Transactions

The facilitation of deposits and withdrawals often swings trader preferences. Blue Guardian edges forward here, accepting crypto transactions alongside traditional credit/debit cards, while offering withdrawals via bank wire, crypto, or the Deel platform. Alpha Capital Group's more conservative approach might repel the crypto-enthusiast trader demographic, dwindling its appeal in a market that grows ever more digital by the day.

Account and Instrument Diversity

Both Alpha Capital Group and Blue Guardian offer multiple account sizes to cater to different levels of trader expertise and investment capacity, but Blue Guardian gives its clients the additional leverage of trading metals alongside the usual commodities, forex, and indices, further diversifying potential trading strategies.

Conclusion

Choosing between Alpha Capital Group and Blue Guardian is not a matter of clear superiority, but rather of fit. For the crypto-savvy, diversification-seeking trader, Blue Guardian may beckon more loudly, while those enticed by fewer initial barriers and a solid trust score might lean towards Alpha Capital Group. Ultimately, the contentment of retail traders and potential users will pivot on personal preferences, trading strategies, and risk appetites โ€“ criteria only they can measure against the profiles of these distinguished proprietary firms.