Prop Trading Firm Alpha Capital Blocks US Clients (2024)

FAQs

Does Blue Guardian accept US clients? ›

The restriction, affecting both US residents and individuals with dual citizenship residing in the US, signifies a broader trend of upheaval within the industry. Despite the restriction, Blue Guardian reassured its existing US clients and those outside the US that services would continue uninterrupted.

Update: FundedNext do not longer accept new clients from the US.

Find out why you should be wary of dealing with this unauthorised firm and how to protect yourself. Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised or registered by us. This firm is not authorised by us and is targeting people in the UK.

Alpha Capital Group has suspended services for US clients due to regulatory pressure.

Trading period – unlimited. Minimum trading days – 0 days, indefinite (trader phase) Profit target – 8% (1st phase), 4% (2nd phase), none (Guardian trader) Maximum loss – 8% at all stages and phases.

To be eligible for a payout on funded accounts, your account balance must be above initial account balance and no violations recorded. All of the trader's positions must be flat (no open trades and no open orders) to receive a payout. The payouts are processed within 1-2 business days.

Please note that FTMO does not provide services to persons in/from (both nationals and residents) Iran, Syria, Myanmar, North Korea and USA, persons listed on sanction lists, persons with criminal records related to financial crime or terrorism, and persons previously banned because of breach of contract.

RoboForex Ltd and it affiliates don't work on the territory of the USA, Canada, Japan, Australia, Bonaire, Brazil, Curaçao, East Timor, Indonesia, Iran, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, Micronesia, Northern Mariana Islands, Svalbard and Jan Mayen, South Sudan, and other restricted ...

It accepts clients from all over the world including the USA. LQDFX offers high leverage and lower spreads. The broker allows all trading styles including scalping, hedging, copy trading, news trading, EA trading etc.

We exclusively use ACG Markets, a 3rd party FSA Regulated Brokerage. ACGMARKETS gives us the opportunity to provide you with a Simulated Institutional environment for your assessment with Alpha Capital Group.

Is alpha Capital regulated? ›

Alpha Capital is not a trusted broker because it is not regulated by a financial authority with strict standards.

Tyler Smith - Alpha Capital Funds | LinkedIn.

requests will be processed and paid within 3 business days. All virtual trades must be closed within your Alpha Pro Account at the time of making a withdrawal request, virtual trading can resume once the withdrawal amount has been withdrawn from the Alpha Pro Account balance.

FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.

Unlimited Guardian Account Fees:

For a $10,000 account, the funding fee amounts to $87. A $25,000 account incurs a slightly higher fee of $187. With a $50,000 account, the fee is $297. Opting for a $100,000 or $200,000 account results in fees of $497 and $947, respectively.

Overall, Blue Guardian is a legit prop firm with several advantages that I have noted. They have a transparent fee structure and a wide range of different account types that every trader would definitely benefit.

All Funded Traders can request payouts through their dashboard. Withdrawals are made through Riseworks.io which allow you to withdraw to Bank and Crypto. We also allow payments under $1000 to be withdrawn to crypto. Minimum funded account withdrawal is $100.