Alpha Capital is a scam, Must read this how they denied my 2 payouts back to back
Payout 1 — $1,545 denied, $226 profit deducted
They cited NZD bank news out of New Zealand, released around 3–4am UK on 31st July. My trade: XAU/USD, entered 6:30am UK. So the news was (a) 2.5+ hours before my entry and (b) about a currency that has nothing to do with gold vs the dollar.
Payout 2 — denied again, $689 profit deducted
This time the news they cited came out at 3pm UK. My entry: 5:59pm UK. Nearly 3 hours after release.
On their official website the rule says you can opened a trade 5 minutes before or after a high impact news and on whatsaApp they told me to wait at least 20-25mins and here the difference in my trades is hours because I never trade news
Stop it ACG stop ripping off people 😡
The part that actually worries me
I formally asked them for the specific news items, the exact release times, and the timezone reference they used to make both decisions. Their “proof”: a link to the Forex Factory homepage and a link to Myfxbook. Not the news item. Not a timestamp. Homepages.
If your risk team is confident enough to confiscate $915 in profits, you should be able to screenshot the exact calendar event you’re basing it on. That takes 30 seconds.
They have been shady for a while , that’s the reason their Instagram account got suspended recently an Indian trader made a video on them and everyone reported their page , that’s what I’m gonna do now I’ve got 600K audience which doesn’t belong to trading niche but I’ll try my best to take down their insta page at least and also I’ll keep exposing them by making videos on how they are scamming people