The Alpha Pro plan is the standard Alpha Capital Group's 2 steps evaluation.
Key Features:
• Profit Targets, Drawdown Limits:
· Phase 1 profit target: 8% or 10% selectable at checkout
· Phase 2 profit target: 5%
· Max Drawdown (static): 10%
· Max Daily Drawdown (balance-based): 5%
· Minimum trading days (for each phase): 3
· For more information on how the daily drawdown works, please refer to https://help.alphacapitalgroup.uk/en/articles/6934210-what-are-the-daily-risk-limits-and-how-do-they-work
• Leverage & Lot Exposure:
· The Alpha Pro plan offers a leverage of up to 1:100 across different asset classes, giving traders the power to manage larger positions relative to their account size:
FX: 1:100
Metals: 1:30
Indices: 1:20
Oil: 1:10
· Alongside leverage, the maximum lot exposure on Pro 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, the max 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 adhere to a rigorous procedure.
Upon the initial instance of violating this rule, Performance bonus acquired through lot sizes exceeding the permissible limit will not be eligible for withdrawal.
Upon the second instance of violating this rule, This will lead to the performance bonus being forfeited and the analysis account being 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 account's closure.
• Additional Features:
· News Trading: Trading during major news events is allowed, with a 2-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 in the window of 2 minutes before until 2 minutes after the release of the news announcements
For more information about news releases and targeted instruments please refer to https://help.alphacapitalgroup.uk/en/articles/9293522-can-i-trade-news-pro-one-three-plans
· Weekend Hold:
Phase 1/2: Holding trades over the weekend allowed
Qualified Analyst Account: Holding trades over the weekend is not allowed
• Maximum allocation
The maximum allocation is $400,000, which is shared across all four plans Pro, Swing, One and Three.