- 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.
FTUK
- Instant funding with a single-phase evaluation and 4.6/5 Trustpilot rating.
- Supportive team allowing weekend/overnight positions and news trading.
- Zero commission on various assets, no swap charges, and swift payouts.
- 80% profit share, 1:100 leverage, and manage up to 3x $5,760,000.
Cons ❌
Alpha Capital Group
- Limited trading instruments: Forex pairs, commodities, indices
- Lot size limit & consistency rule
- Minimum average trade duration of 2 minutes rule
FTUK
- Starting leverage of 1:10
- 2% Max stop loss risk limit
- Lot size consistency rule
Rules 📋
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
FTUK
Lot Size Consistency, Maximum Loss, No Martingale Allowed, Profit Target, Stop Loss Required, Stop Loss Risk Per Position, Third Party Copy Trading Risk
Comparative Review of Alpha Capital Group and FTUK for Retail Traders
Trading Opportunities and Profit Sharing
Retail traders are always scouting for platforms that maximize their trading potential and profit splits. Alpha Capital Group offers traders a commendable profit share of 80% with the possibility to manage substantial capital of up to $2 million. This, paired with bi-weekly payouts, caters well to ambitious traders looking to scale up quickly. FTUK matches this with their 80% profit share, and traders may find the option to manage three times the capital of Alpha Capital Group at $5,760,000 more alluring. Both firms are on par with competitive profit sharing and leverage options but FTUK expands the horizon for growth with the higher cap on managed funds.
User Experience and Support
User experience is paramount in trading, where milliseconds can make a difference. Alpha Capital Group's professional trading dashboard is designed to enhance this experience, giving traders the tools they need to succeed. FTUK counters with a supportive team and instant funding options that minimize downtime for traders. Both firms have high Trustpilot ratings, ensuring potential users that they are choosing firms that are trusted by their existing client base.
Trading Conditions and Flexibility
The freedom to trade under various market conditions is a feature that day traders in particular covet. Both Alpha Capital Group and FTUK authorize overnight, weekend, and news trading, which amplifies the trading window for active traders. However, when it comes to trading instruments, FTUK offers a larger variety, including metals on top of the standard commodities, forex, and indices, which could be a critical factor for traders seeking diversified portfolios.
Funding and Withdrawal Options
Ease of transaction is vital for traders who need quick movement of funds. FTUK provides the convenience of deposits via crypto and traditional credit/debit cards, while Alpha Capital Group sticks to credit/debit cards. Withdrawal methods are similar with both offering traditional bank wire and Deel, but FTUK additionally supports crypto withdrawals. This can be seen as a major plus for FTUK users preferring the anonymity and rapidness of cryptocurrency transactions.
Account Sizes and Currencies
Alpha Capital Group offers a range of account sizes from $10,000 to $200,000, catering to traders of different scales, but they are tied to USD. On the other hand, FTUK offers accounts in multiple currencies which is ideal for traders aiming to reduce currency conversion costs and manage funds more effectively in either EUR, GBP, or USD.
Trading Constraints and Risks
Keen traders need to pay special attention to the constraints imposed by their trading platform. Alpha Capital Group sets limits on trading instruments, imposes a lot size limit, and mandates a minimum average trade duration, rules that may affect high-frequency scalpers. FTUK's 1:10 starting leverage may seem conservative, but it also has a stringent 2% max stop loss risk limit which could deter traders with a more aggressive risk appetite despite their level playing fields in other rule aspects.
Incorporation and Market Presence
With incorporation dates only a month apart (Alpha Capital Group in November 2021, and FTUK in December 2021), both entities are relatively new to the market. This means they are likely to be agile and responsive to the ever-changing dynamics of the trading environment, but they may lack the long-term proven track record of some established players.
Conclusion
Both Alpha Capital Group and FTUK provide compelling offerings to the retail trader with nuanced differences that cater to varying trader profiles. While Alpha Capital Group presents a polished interface and straightforward trading options, FTUK stands out with higher capital management possibilities, inclusivity of crypto transactions, and account diversity. Ultimately, the choice between these two firms will depend on trader preferences for leverage, risk management, and the kind of assets the users intend to trade.
