Not sure which prop firm to choose among Funding Pips and ACG?
Our comprehensive comparison of Funding Pips vs Alpha Capital Group breaks down everything serious forex traders need to know. Both firms have gained popularity for their trader-friendly evaluation programs, but which one aligns better with your trading style?
In this analysis, we'll examine their profit targets, loss limits, platform options, profit splits, and payout structures side by side.
Funding Pips is rated 4.4/5 on Trustpilot, providing a wide range of trading instruments including crypto. Alpha Capital Group, with a Trustpilot rating of 4.5/5, provides a free trial account and personalised risk assessments.
Funding Pips vs Alpha Capital Group
| Parameter | Funding Pips | Alpha Capital Group |
|---|---|---|
| Profit Share | Up to 100% | Up to 80% |
| Evaluation Process | Single-phase evaluation | Standard evaluation |
| Max Capital | $300,000 | $200,000 |
| Payout Frequency | Flexible (weekly, bi-weekly, monthly) | Bi-weekly |
| Trading Instruments | CFDs, FX, metals, indices, energy, crypto | CFDs, FX, metals, indices |
| Deposit Methods | Skrill, Neteller, crypto, credit/debit cards, PayPal, Google Pay | Crypto, credit/debit cards, PayPal |
| Trustpilot Rating | 4.4/5 | 4.5/5 |
| Key Rules | Minimum trading days: 3, Maximum daily loss: 5%, Maximum loss: 10% | Unlimited trading days, Maximum daily loss: 5%, Maximum loss: 10% |
| Support | Email (support@fundingpips.com) /Discord | Email info@alphacapitalgroup.uk |
Funding Pips
Funding Pips, a Dubai-based firm, earns a 4.4/5 Trustpilot rating, reflecting its appeal among traders. It provides access to platforms like cTrader, MT5, and Match Trader. Traders can fund their accounts using Skrill, Neteller, crypto, or credit/debit cards.
Offering CFDs on FX, metals, indices, energy, and crypto, Funding Pips accommodates diverse trading interests.
Alpha Capital Group
Alpha Capital Group, have a 4.5/5 Trustpilot rating, offers traders a professional setup. Trading happens through ACG Markets and platforms like cTrader, DXTrade, and MT5. Buying option include crypto, credit/debit cards, and PayPal.
Payouts are available via bank transfer, RiseWorks, and Wise. Trade CFDs, FX, metals, and indices. Key firm rules include an inactivity policy, minimum trade duration, and risk management protocols.
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Funding Pips vs Alpha Capital Group Comparison
To help you make an informed decision, let's go through a detailed comparison of Funding Pips and Alpha Capital Group, highlighting their unique strengths and approaches to trader preferences, funded account growth, and risk tolerance.
Flexibility and Accessibility
Funding Pips, led by CEO Khaled Ayesh and based in the UAE, is known for providing a supportive atmosphere and a simplified evaluation process.
- Transparency is one of their core values, ensuring traders are confident and secure in their journey to becoming a funded trader.
- They also have weekly payouts, so traders can get their payouts every week.
Alpha Capital Group, under the leadership of CEOs Andrew Blaylock and George Kohler, based in the UK, offers a more structured approach with a focus on various account types.
- Fast-track your success by skipping the evaluation process and start earning profits within hours of opening your account.
- Demonstrate your trading prowess and retain the majority of your profits—all at the lowest cost.
- They also provide trader-friendly features such as: unlimited time to complete evaluations and no minimum trading days for the one-step evaluation.
Risk Management
Effective risk management is vital for sustaining funded account growth. Here’s how each firm approaches it:
Funding Pips
FundingPips enforces strict risk management rules to protect capital and encourage disciplined trading. On master accounts, no single trade loss may exceed 3% of the initial account size, with violations resulting in immediate account closure. Traders are limited to opening a maximum of 10 lots per day, and any breach will lead to all trades being closed and trading disabled until midnight CE(S)T.
Additionally, no single trade can exceed 20 lots per click. To support swing traders while discouraging news-driven gambling, trades opened at least 5 hours prior to high-impact news events are exempt from restrictions during the prohibited window, and their profits are counted toward performance metrics.
Alpha Capital Group
Alpha Capital Group adopts a more dynamic risk management approach, emphasizing consistency and controlled exposure. Traders are prohibited from consistently risking or losing 3.5-5% in a single trade or a sequence of trades closed around the same time. This rule ensures sustainable growth while discouraging over-leveraged or impulsive trading behavior.
Unlike FundingPips, Alpha Capital Group focuses on broader risk patterns rather than imposing specific lot size or timing restrictions, offering traders more flexibility but requiring greater responsibility in managing their risk exposure.
FP vs ACG Evaluation Processes
The evaluation phase is where traders demonstrate their abilities.
Funding Pips
Alpha Capital Group
Profit Share and Payouts
Funding Pips Payout Terms
Alpha Capital Group Payout Terms
Who Should Choose Which Firm?
When deciding between Funding Pips and Alpha Capital Group, several factors should influence your choice based on your individual trading profile and preferences.
Trading Style Considerations
Different trading styles align better with specific prop firm features:
Scalpers and Day Traders may prefer Funding Pips due to its multiple platform options (cTrader, Match-Trader, TradeLocker, MT5), which provide flexibility for executing quick trades. The scalable daily drawdown limits (up to 7% from the standard 5%) also accommodate the volatility inherent in short-term trading strategies.
Swing Traders might find Alpha Capital Group more suitable with its dedicated Alpha Swing Challenge that features a 10% profit target and 4% maximum daily loss limit. This program is specifically designed for traders who hold positions for several days.
Algorithmic Traders should consider Alpha Capital Group's zero commission structure through their in-house broker, which can significantly reduce costs for high-frequency trading systems.
| Trading Style | Recommended Firm | Key Advantage |
|---|---|---|
| Scalping/Day Trading | Funding Pips | Multiple platforms, scalable drawdown limits |
| Swing Trading | Alpha Capital Group | Dedicated swing program with appropriate targets |
| Algorithmic Trading | Alpha Capital Group | Zero commission structure |
| News Trading | Funding Pips | Flexible platform options for quick execution |
Risk Tolerance Factors
Your comfort with risk should guide your decision:
Conservative Traders might prefer Alpha Capital Group's straightforward 10% maximum loss limit without the complexity of scaling options. Their consistent 80% profit split also provides predictability.
Moderate Risk-Takers would benefit from Funding Pips' standard parameters (5% daily loss, 10% maximum loss) which align with industry standards while offering room for occasional volatility.
Aggressive Traders could leverage Funding Pips' scaling system that allows maximum loss limits to increase up to 14% as you progress, providing more breathing room for volatile trading strategies.
Experience Level Recommendations
Different experience levels have distinct needs from prop firms:
For traders with specific platform preferences, Funding Pips offers more options with cTrader, Match-Trader, TradeLocker, and MT5 support, while Alpha Capital Group primarily focuses on MetaTrader.
Additionally, those concerned with withdrawal frequency should note that Alpha Capital Group offers bi-weekly payouts, while Funding Pips provides weekly options.
Prop Firms Quizzing Corner
What Profit Share does Funding Pips and ACG Offer?
Funding Pips offers flexible profit sharing up to 100%. Alpha Capital Group provides up to 80% of the profits.
What are the Evaluation Processes Like?
Funding Pips offers a 2-step evaluation process with clear targets. Alpha Capital Group provides options to skip evaluations for faster funding.
What is the Maximum Capital Offered?
Funding Pips provides a maximum capital of $300,000. Alpha Capital Group offers up to $200,000 in funding.
How Often can I get Payouts?
Funding Pips offers flexible payouts, including weekly options. Alpha Capital Group offers bi-weekly payouts after an initial period.
What Instruments can I Trade?
Funding Pips offers CFDs on FX, metals, indices, energy, and crypto. Alpha Capital Group focuses on FX, metals, and indices.
What Trading Platforms are Supported?
Funding Pips supports cTrader, MT5, and Match Trader platforms. Alpha Capital Group provides cTrader, DXTrade, and MT5.
What are the Key Risk Management Rules?
Funding Pips has rules regarding maximum lot sizes and single trade loss limits. Alpha Capital Group focuses on daily loss limits and average trade duration.
Are there any Prohibited Trading Strategies?
Funding Pips prohibits hedging and certain automated strategies. Alpha Capital Group restricts arbitrage, high-frequency trading, and order book spamming.
How do their Trustpilot Ratings Compare?
Funding Pips holds a Trustpilot rating of 4.4/5. Alpha Capital Group has a slightly higher rating of 4.5/5.
What Support Options are Available?
Funding Pips offers support via email and Discord. Alpha Capital Group provides email support.
Whose the Boss AGC Vs Funding Pips?
So, when it comes to Funding Pips vs Alpha Capital Group, there's no one-size-fits-all answer. Funding Pips shines with its flexible payout options and diverse range of tradable assets.
If you value straightforward processes, Funding Pips is worth considering. On the other hand, Alpha Capital Group presents a structured environment with options to bypass evaluation, and remember to use code ‘fxparkey‘ for a 10% discount if you choose Alpha Capital Group!
Ultimately, the best “proprietary trading firms” choice depends on your goals. Analyze your needs and preferences to select the ideal platform to start your journey.
