This comparative analysis focuses on the trading objectives of Alpha Capital Group and Funding Pips, two leading figures in the proprietary trading industry. By examining their policies and offerings, we gain insights into what differentiates them.
Trading Objectives: A Detailed Comparison
Let’s explore the specifics of their trading objectives to understand their similarities and differences:
- Profit Targets for Phases: Both the prop firms have aligned profit targets in Phase 1 and Phase 2, each set at 8% and 5% respectively.
- Maximum Daily Loss: Both firms impose a 5% maximum daily loss, indicating a shared approach to risk management.
- Maximum Loss: A uniform policy exists with a maximum loss limit of 10% for both firms.
- Minimum Trading Days: Alpha Capital Group requires a minimum of 3 calendar days, while Funding Pips does not specify a minimum.
- Maximum Trading Period: Both firms offer unlimited trading periods for both phases, showcasing their flexible trading environments.
- Profit Split: While Alpha Capital Group offers a consistent 80% profit split, Funding Pips presents the potential to increase the split to up to 90%.
Distinguishing Factors of Alpha Capital Group
Alpha Capital Group stands out in the industry by offering a variety of evaluation account sizes, straightforward rules, and the flexibility for traders to trade during news events, hold positions overnight, and over weekends. This flexibility is a significant factor in differentiating it from other forex funded programs.
