Alpha Trader: A Closer Look at Unlisted Firms on Prop Firm Match

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Alpha Trader

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alphatraderfirm.com
Alpha Trader
is an unlisted firm. To see the listed firms, click here.
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guardiol
February 13, 2024
Initial Requester
good trading features

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Share your experience with this firm (0)

guardiol
February 13, 2024
Initial Requester
good trading features

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Sorry, we couldn't find any reviews for this firm.
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Frequent Reviewer
Meet Patel X Reviews
India
Trader
@m_eetpatel
Account Size
5k
Steps
2 Steps
Funding Period
< 1 Month
Reach Payout
Yes
Payout Count
0
Firms Count
2
Submitted:
February 12, 2024

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Top Firm Aspect

The Price is Cost Effective.

Least Liked Aspect

The Slippage is more as compared to other firms and also they dont allow news trading they have a 4 minutre break window

Trading Conditions
4.0
Customer Care
4.0
Dashboard
4.0
Payout Process
4.0
Overall
4.0
Certificates and Payouts

The firm's response was hidden as Prop Firm Match couldn't verify their claim. If you believe this is an error, please contact our support.

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Edit
Edited • Show Edited
Report
Solved
Denied Amount
$1,659
Denied Reason
Unjustified Breach
Mark as Solved

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Reason

My funded account of almost 5 months was breached unexpectedly.

Summary

My funded account of almost 5 months was breached unexpectedly. My last payout was received at the beginning of December, after waiting 3 weeks. Since then, I've only placed small 0.01 lot trades due to their 30-day inactivity rule and haven't engaged in any other trading. I received an email regarding the termination of my funded account after I reached out to their email support. This was because I qualified for their newly introduced growth plan and requested a 10% account balance increase. A few minutes later, I received the account termination email. This can be verified by looking at the times the emails were sent. My emails were never answered when I inquired about the reason for my account's termination. It seems like the company may have financial issues, based on website traffic and the most recent payout issues/delays

Images from reporter:
Disclaimer from Prop Firm Match

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Thank you! Your submission has been received!
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Alpha Capital
replied:
Verified Firm Profile

Thank you for sharing your experience with Alpha Capital. It's reassuring to hear that the dashboard was intuitive and provided all the necessary stats for your trading needs. However, high commissions and delays in receiving credentials post passing Phases 1 and 2 can be frustrating. It's commendable that you didn't experience any slippage in your trades.

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Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Meet Patel
India
Trader
@m_eetpatel
Account Size
5k
Steps
2 Steps
Funding Period
< 1 Month
Reach Payout
Yes
Payout Count
0
Firms Count
2
Submitted:
February 12, 2024

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Top Firm Aspect

The Price is Cost Effective.

Least Liked Aspect

The Slippage is more as compared to other firms and also they dont allow news trading they have a 4 minutre break window

Trading Conditions
4.0
Customer Care
4.0
Dashboard
4.0
Payout Process
4.0
Overall
4.0
Certificates and Payouts
Edited • Show Original
Report
Solved
Denied Amount
$1,659
Denied Reason
Unjustified Breach
Mark as Solved

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Reason for Denial

My funded account of almost 5 months was breached unexpectedly.

Denial Summary

My funded account of almost 5 months was breached unexpectedly. My last payout was received at the beginning of December, after waiting 3 weeks. Since then, I've only placed small 0.01 lot trades due to their 30-day inactivity rule and haven't engaged in any other trading. I received an email regarding the termination of my funded account after I reached out to their email support. This was because I qualified for their newly introduced growth plan and requested a 10% account balance increase. A few minutes later, I received the account termination email. This can be verified by looking at the times the emails were sent. My emails were never answered when I inquired about the reason for my account's termination. It seems like the company may have financial issues, based on website traffic and the most recent payout issues/delays

Images from reporter:
Disclaimer from Prop Firm Match

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Alpha Capital
replied:
Verified Firm Profile

Thank you for sharing your experience with Alpha Capital. It's reassuring to hear that the dashboard was intuitive and provided all the necessary stats for your trading needs. However, high commissions and delays in receiving credentials post passing Phases 1 and 2 can be frustrating. It's commendable that you didn't experience any slippage in your trades.

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