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FXVeritas Research Desk
FXVeritas Research Desk maintains broker files from primary and attributable sources. Not a ranking or recommendation.
Methodology review: Research methodology v1 · Last reviewed 23 Aug 2026. Corrections follow the published corrections policy.
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Prop research records
Recorded firm rules and program terms from existing public research. These are source records, not a change history.
All research recordsAlpha Capital Group · Alpha Direct
Program-level record; not an exact account-size SKU or a firm-wide rule.
Profit target: None
Max daily loss: 3%
Max total loss: 5%
Drawdown type: Trailing
No evaluation. Weekend no. On-demand 3% buffer + 1% gross. Best Day Rule 15%.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · Alpha One 10
Program-level record; not an exact account-size SKU or a firm-wide rule.
Profit target: 10%
Max daily loss: 4%
Max total loss: 6%
Drawdown type: Trailing
Minimum trading days: 1
Weekend hold yes.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · Alpha One 12
Program-level record; not an exact account-size SKU or a firm-wide rule.
Profit target: 12%
Max daily loss: 5%
Max total loss: 8%
Drawdown type: Trailing
Minimum trading days: 1
Weekend hold yes.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · Alpha One 6
Program-level record; not an exact account-size SKU or a firm-wide rule.
Profit target: 6%
Max daily loss: 3%
Max total loss: 4%
Drawdown type: Trailing
Minimum trading days: 1
Weekend hold yes.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · Alpha Pro 10
Program-level record; not an exact account-size SKU or a firm-wide rule.
Profit target: 10% / 5%
Max daily loss: 5%
Max total loss: 10%
Drawdown type: Static
Minimum trading days: 3 per phase
Weekend: evaluation yes, QA no. QA news window 2 minutes.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · Alpha Pro 6
Program-level record; not an exact account-size SKU or a firm-wide rule.
Profit target: 6% / 6%
Max daily loss: 3%
Max total loss: 6%
Drawdown type: Static
Minimum trading days: 3 per phase
Weekend: evaluation yes, QA no. QA news window 5 minutes.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · Alpha Pro 8
Program-level record; not an exact account-size SKU or a firm-wide rule.
Profit target: 8% / 5%
Max daily loss: 4%
Max total loss: 8%
Drawdown type: Static
Minimum trading days: 3 per phase
Weekend: evaluation yes, QA no. QA news window 2 minutes.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · Alpha Swing
Program-level record; not an exact account-size SKU or a firm-wide rule.
Profit target: 10% / 5%
Max daily loss: 5%
Max total loss: 10%
Drawdown type: Static
Minimum trading days: 3
Weekend evaluation + QA yes. On-Demand payouts only.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · Alpha Three
Program-level record; not an exact account-size SKU or a firm-wide rule.
Profit target: 8% / 4% / 4%
Max daily loss: 4%
Max total loss: 6%
Drawdown type: Static
Minimum trading days: 3 per phase
Weekend hold yes.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · Arbitrage
Firm-level rule; do not assume it applies to every program.
Prohibited
Unrealistic prices, latency, front-running, and reverse/group hedging are prohibited.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · Copy trading
Firm-level rule; do not assume it applies to every program.
Conditional
Group trading/signals and account management prohibited; only self-copy from an own external account is allowed.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · EA
Firm-level rule; do not assume it applies to every program.
Unknown
Not isolated as a single yes/no. Schedule 3 focuses on HFT, arbitrage, and group trading.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · Hedging
Firm-level rule; do not assume it applies to every program.
Prohibited
Reverse/group hedging prohibited.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · High-frequency trading
Firm-level rule; do not assume it applies to every program.
Prohibited
HFT prohibited (Schedule 3).
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · News trading
Firm-level rule; do not assume it applies to every program.
Conditional
QA news windows 2 or 5 minutes by plan (PDF schedules).
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · Overnight holding
Firm-level rule; do not assume it applies to every program.
Conditional
Follows the plan-specific weekend / holding schedules in the PDF.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rulesAlpha Capital Group · Weekend holding
Firm-level rule; do not assume it applies to every program.
Conditional
Plan-specific: Pro QA no; Swing yes; Direct no.
Recorded check date: 2026-08-23
Company-published terms do not establish a financial licence, regulatory protection, or independently verified payout performance.
SourceOpen firm rules
Recently checked files
How the desk works
Public file principles
These rules apply to every FXVeritas public research page. They are not a ranking.
- Research Confidence is not a safety rating.
- Regulator verified does not mean a broker is safe.
- Unknown does not mean unsafe. Unverified does not mean fraudulent. Unregulated does not automatically mean a scam.
- Protection unknown does not mean no.
- Commercial or affiliate relationships do not change research labels, verification status, Research Confidence, or editorial conclusions.
- FXVeritas does not recommend a broker because data has been verified.
Checks, changes and publication
A source check records what was examined and when. It is not a publication date, proof of a material change, or a finding that an entity became safer.
A material update needs an exact subject, evidence of what was previously recorded and what is recorded now, source attribution, checked dates and an important limitation. Formatting edits, source-title edits and unchanged rechecks are not material updates.
Where paired historical evidence is unavailable, FXVeritas does not reconstruct it from a current record. UNKNOWN, explicit absence and conflicting evidence remain distinct. A source URL or content-hash change alone does not prove that the underlying fact changed.
Publication decisions must depend on reader value and evidence. Affiliate status, commission, discounts and commercial relationships must not determine a finding or publication priority.
What we research
- Legal entities
- Regulatory licences
- Licence status
- Client protection
- Broker disclosures
- Regulatory actions
- Material changes recorded on file
Source hierarchy
Primary sources are preferred where they can be attributed.
- Regulator registers
- Official corporate registers
- Broker legal documents
- Regulator notices
- Official disclosures
Verification principles
- Unknown is not treated as No
- Unverified is not treated as false
- Brand names are separated from legal entities
- Licences are tracked at legal-entity level where the file supports it
- Commercial relationships do not change research findings
Limits of the file
A recorded check date means that item was reviewed against sources then on file. It does not mean every field is continuously monitored in real time.
A verified licence is a register match for a named legal entity. It is not a finding that the broker is safe.
FXVeritas does not guarantee completeness or accuracy of every public record.
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Prop firm rule guides
- FTMO daily loss: count equity, then check midnight
The daily limit counts open losses and trading costs. A profitable day does not let you carry the same extra loss allowance past the reset.
- FTMO: choose the rules before the account size
FTMO 1-Step has fewer evaluation phases; 2-Step gives a larger daily loss allowance and offers Swing. Neither route makes the displayed CFD balance withdrawable cash.