Alpha Capital Group vs Funded Trading Plus

Capital and Profit Share Comparison

While both Alpha Capital Group and Funded Trading Plus offer substantial maximum capital for traders – up to $2,000,000 and $2,500,000 respectively – they distinguish themselves in their approach to profit-sharing and payouts. Alpha Capital Group extends an 80% profit share to its traders with bi-weekly payouts, creating a steady income stream for successful traders. In contrast, Funded Trading Plus eclipses Alpha with an impressive 90% profit split. This higher percentage can significantly impact earnings, especially for traders who generate substantial profits. However, the bi-weekly payout system of Alpha Capital Group might be more appealing to those relying on a consistent cash flow.

Trading Experience and Dashboard Utility

Both firms allow overnight, weekend, and news trading, a boon for traders who capitalize on events triggering market volatility. This flexibility is vital for those employing strategies that do not fit the 9-to-5 mold. Alpha Capital Group's professional trading dashboard is a point of differentiation, providing robust tools and analytics that may cater to the needs of professional traders seeking comprehensive oversight of their activities. Conversely, while Funded Trading Plus does not boast about its dashboard features, they compensate with a broader range of trading tools and instruments, opening up more opportunities.

Trading Instruments and Opportunities

Alpha Capital Group's limited trading instruments could be a drawback for traders looking for diversity or who specialize in markets other than Forex, commodities, and indices. Funded Trading Plus counters this by embracing a variety of tradable instruments, including metals and cryptocurrencies, which have become essential assets in contemporary trading strategies. This expansion into vibrant markets positions Funded Trading Plus as a more versatile option for traders seeking to explore different financial landscapes.

Rules and Restrictions

Trading with Alpha Capital Group and Funded Trading Plus comes with a set of rules that traders must abide by. Both have mandatory restrictions like maximum daily loss limits and prohibitions on third-party copy trading and EA risk, but Alpha Capital Group imposes additional constraints like minimum average trade duration and lot size limitations, which might hinder quick scalping strategies. These might be seen as overbearing for more experienced traders who are confident in their risk management. Funded Trading Plus's trailing drawdown and no weekend holding could be viewed as less restrictive, arguably allowing more agility in trading styles.

Deposits and Withdrawals

Both Alpha Capital Group and Funded Trading Plus embrace credit and debit cards for deposit methods, but Funded Trading Plus goes a step further by including cryptocurrency payments. This could reflect a more progressive and accommodating stance towards modern transaction methods. As for withdrawals, both firms operate with comparable methods, although the inclusion of cryptocurrencies by Funded Trading Plus may offer faster and more flexible options for some traders.

Account Sizes and Currencies

When it comes to account sizes, Alpha Capital Group's structured tiers spanning from $10,000 to $200,000 provide clear pathways for traders scaling their operations. While it's unclear how Funded Trading Plus structures its account sizes within their capital limits, it's evident that they offer the larger potential account size. The common ground lies in the account currency, with both firms conducting their balances in USD, simplifying the process for US-based traders or those familiar with USD trading accounts.

Broker Oversight and Support

Both firms being incorporated in November 2021 suggests that they may be relatively new to the scene and have less historic credibility. Despite this, they have both managed to secure high Trustpilot ratings, with Funded Trading Plus at the lead with a stellar 4.9, suggesting an exceptionally positive reception from users. Customer support is a crucial aspect of trading services, and Funded Trading Plus's emphasis on excellent support may translate into more direct and responsive assistance to its clients. In summary, while Alpha Capital Group provides a professional trading dashboard and sufficient conditions for various trading strategies, Funded Trading Plus seems to cater to a broader audience with its eclectic range of trading instruments and more generous profit split. Prop firm selection ultimately hinges on the individual trader's preferences, strategies, and comfort with specific trading rules and restrictions. Both Alpha Capital Group and Funded Trading Plus offer compelling options for retail traders in a market that values diversity and adaptability.