The Alpha Three plan is Alpha Capital Group's 3-step evaluation.
Key Features:
Profit Targets, Drawdown Limits:
Phase 1 profit target: 8%
Phase 2 profit target: 4%
Phase 3 profit target: 4%
Max Drawdown (static): 6%
Max Daily Drawdown (calculated over the highest end-of-day balance or equity, whichever is greater): 4%
Minimum trading days (for each phase): 3
For more information on how the daily drawdown works, please refer to our dedicated article.
Leverage & Lot Exposure:
The Alpha Three plan offers leverage of up to 1:50 across different asset classes, giving traders the ability to manage larger positions relative to their account size:
FX: 1:50
Metals: 1:9
Indices: 1:10
Oil: 1:10
Alongside leverage, the maximum lot exposure on a Three account is adjusted based on account size, as follows:
$5k = Max 2.5 lots
$10k = Max 5 lots
$25k = Max 10 lots
$50k = Max 20 lots
$100k = Max 40 lots
$200k = Max 80 lots
$300k = Max 120 lots
Please note that the maximum lot exposure will depend on your leverage requirements and available margin.
During the account review at the withdrawal stage, should any violations of this rule be identified, we follow a strict procedure:
Upon the first instance of violating this rule, the performance fee earned through lot sizes exceeding the permitted limit will not be eligible for withdrawal.
Upon the second instance of violating this rule, the performance fee will be forfeited and the Qualified Analyst Account will be deactivated.
Please note that violations are assessed per position, not per trade idea. Therefore, a sequence of trades can result in multiple violations of this rule. For example, if the maximum lot limit for an account is 10 lots, a single trade of 11 lots followed by another trade of 1 lot, while the first trade remains open, will result in two breach counts and the closure of the account.
Additional Features:
News Trading: Trading during major news events is allowed, with a 5-minute window on both sides of the event. You are NOT allowed to execute any new trade, or close an existing trade, on the targeted instrument from 5 minutes before until 5 minutes after the release of the news announcement.
For more information about news releases and targeted instruments, please refer to our news trading article.
Weekend Hold:
Phase 1/2/3: Holding trades over the weekend is allowed.
Qualified Analyst Account: Holding trades over the weekend is also allowed.
Maximum allocation
The maximum allocation is $400,000, which is shared across all four plans: Pro, Swing, One, and Three.