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Amar P.

India

Contributor Level

Total Points
267

2 Reviews by Amar

  • App.alphacapitalgroup.uk

7/18/23

My account number ******* status is still showing as failed, I haven't even breached my daily stop loss limit and the account is paused. On contacting support staff via online chat and email no resolution to date.

Tip for consumers:
Don't ever trade with these junkies, no support, no trading just your account being paused.

Products used:
AlphaCapital Group's 100K account.

  • FundedNext

3/9/23
Verified purchase

A glitch in FundedNext Platform!

I had subscribed to a FundedNext $******* evaluation account with a daily loss limit of $750 and max monthly loss of $1500.

I traded for 7 days and every day ensured I never violated any rules.

On the 7th day of trading my account was paused saying my monthly loss limit exceeded $1500.

I personally closed my orders before it reached the $1500 drawdown threshold. The account balance never went below $*******. My account balance is $*******.48. My dashboard shows the loss as $1486.52. Technically speaking I still have $13.48 max permitted loss remaining before my account should be paused. There is a glitch in FundedNext system. On speaking with the account manager, he randomly picked my trades and showed my floating loss exceeded the monthly loss limit which is untrue.

My daily loss limit was $697 at the time of closing my trades. Even my daily loss limit was within limits ($750) or the floating loss should have shown in my daily loss limits as well.

I requested the account manager to fix this glitch and let me resume trading but he didn't want to listen.

Tip for consumers:
Beware of the Glitch which can cost you your account.

Products used:
Evaluation Account Top-up Reset

Amar Has Earned 7 Votes

Amar P.'s review of FundedNext earned 7 Very Helpful votes

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