Comparing Alpha Capital Group with FundedNext (Stellar) in terms of trading objectives sheds light on the nuances that set these two renowned prop trading firms apart.
Trading Objectives: A Side-by-Side Overview
Let’s delve into the key trading objectives of both firms to discern their similarities and differences:
- Profit Targets in Phases: Both firms align on their Phase 1 and Phase 2 profit targets, set at 8% and 5% respectively.
- Maximum Daily Loss: They share a common policy with a 5% cap on the maximum daily loss.
- Maximum Loss Limit: Identical maximum loss limits are seen, pegged at 10% for both.
- Minimum Trading Days: A distinction arises in the minimum trading days – Alpha Capital Group requires 3 calendar days, while FundedNext stipulates 5 calendar days.
- Maximum Trading Period: Both firms offer unlimited trading periods in both phases, indicating flexibility.
- Profit Split: Starting at an 80% profit split, Alpha Capital Group maintains this rate, whereas FundedNext offers the potential to increase up to 90%.
Key Differences Highlighted
The differences, especially in minimum trading days and the profit split potential, demonstrate each firm’s unique approach to forex funded programs and reward structures.