This comprehensive article aims to compare two prominent proprietary trading firms, FundedNext and Alpha Capital Group, offering insights into their services for forex traders globally. We’ll cover company details, funding programs, trading rules, platforms, instruments, community feedback, and conclude with exclusive discount codes.
Company Overview
Understanding the background of each firm:
- Establishment: FundedNext began in March 2022, while Alpha Capital Group was founded in November 2021.
- Leadership: Abdullah Jayed heads FundedNext, and George Kohler leads Alpha Capital Group.
- Location: FundedNext operates from the UAE & Bangladesh, and Alpha Capital Group is based in London, UK.
- Maximum Funding: FundedNext offers up to $300,000, and Alpha Capital Group up to $400,000.
Both firms are known for their reliability and trustworthiness in the trading community.
Funding Program Varieties
Comparing the funding program options available:
- FundedNext provides both one-step and two-step evaluation programs.
- Alpha Capital Group offers exclusively a two-step evaluation.
Two-Step Evaluation Detailed Comparison
Breaking down the two-step evaluation programs:
- Profit targets, drawdown limits, leverage, trading days, period, and profit splits vary between the two firms.
Account Sizes and Pricing
Examining the account sizes and their corresponding prices:
- Account sizes range from $6,000 to $200,000, with specific prices for each category.
Brokers and Trading Platforms
Looking into the brokers and platforms each firm collaborates with:
- FundedNext: Partners with Incenteco and GrowthNext, using MetaTrader 4 and 5.
- Alpha Capital Group: Works with ACG Markets and provides MetaTrader 5 and cTrader.
Trading Instruments
Understanding the trading instruments available with each firm:
- Both firms offer Forex Pairs, Commodities, and Indices, providing traders with a diverse range of options.
Community Feedback
Exploring community feedback based on Trustpilot reviews:
- FundedNext: Has a rating of 4.7/5 from 7,049 reviews, indicating a strong and positive community presence.
- Alpha Capital Group: Also rated 4.7/5 but from 545 reviews, showing growing trust and satisfaction among its users.
Conclusion: FundedNext vs Alpha Capital Group
In conclusion, both FundedNext and Alpha Capital Group stand out as excellent choices for traders, each with distinct advantages in terms of trading rules, objectives, prices, and community feedback. FundedNext’s diverse range of funding program options contrasts with Alpha Capital Group’s focused two-step evaluation approach.
Special Discount Codes
As a final note, we are pleased to offer special discount codes for both FundedNext and Alpha Capital Group:
- FundedNext Discount Code: [APTF05]
- Alpha Capital Group Discount Code: [APTF_2024]
For more insights and deals on forex prop firms, visit All Prop Trading Firms or check out our detailed list of forex funded programmes.