MyFxBots In-Depth Review of Alpha Capital

Overview

• Alpha Capital runs assessment → qualification workflows (single‑phase and two‑phase options depending on plan). Evaluation rules are precise, enforcement is strict, and breaches can reset an evaluation or remove profits on qualified accounts.

Profit targets and time limits

• Plan targets are plan‑specific (examples: Pro, Swing, One, Three) and vary by account size; typical targets are percentage‑based of initial balance rather than fixed dollar amounts.
• Minimum trading‑day requirements apply for some payout types (e.g., bi‑weekly requires a minimum number of trading days before first payout).
• Time windows: evaluations have maximum trading days on some trial products and staged deadlines across Phase 1 and Phase 2.

Drawdown rules (max daily / overall)

• Daily loss limits are enforced per plan and calculated from the starting balance and/or equity at the start of the daily candle (00:00 GMT+3). Examples by plan: Alpha Pro (balance‑based 5% or 4% depending on subplan), Alpha One/Three (4% based on balance or equity whichever greater), Alpha Pro6 (3% based on greater of balance/equity). Breaching daily minimum equity causes hard breach, auto‑close of trades, and account termination.
• Maximum total loss is fixed or trailing by plan: static drawdowns (6% or 10% depending on plan) or trailing drawdown for some plans (e.g., One has a 6% trailing drawdown tied to a high‑water mark). If equity/balance falls below the maximum drawdown threshold, all trades are closed and the account is terminated.

Allowed and disallowed strategies

• Allowed: hedging (both directions on same instrument), stacking (3+ same‑direction positions), EAs (on MT5; EA enable option at checkout; virtual/hidden SL/TP allowed), VPS/VPN use for trading execution.
• Disallowed or restricted: group trading and copying others' trades (strictly prohibited and causes account closure and forfeiture of profits), hedging across multiple accounts (prohibited), tick scalping and extreme high‑frequency strategies designed to exploit simulated feeds (mitigated by 2‑minute rule and enforcement), gambling or “all‑or‑nothing” trading styles (will trigger profit removal/termination).
• News trading: allowed during assessments but restricted for Qualified accounts with time windows by plan — Pro 8%/10%: no opening/closing 2 minutes before/after high‑impact releases; Pro 6%/One/Three: no opening/closing 5 minutes before/after releases; Swing: more permissive but trades opened in a 4‑minute news window must exceed 2 minutes duration.

2-minute average trade duration rule

• The average duration of all trades must exceed 2 minutes and at least 50% of gross requested profits (or evaluation target) must come from trades longer than 2 minutes. If >50% of profits come from trades under 2 minutes the rule is breached. Passing stage breaches force a restart of evaluation or reset of qualified accounts; enforcement aims to prevent tick scalping and HFT manipulation.

Position-sizing and risk constraints

• Maximum lot exposure caps are set per account size and plan (examples: for Pro/One/Three a $100k account max 40 lots; Swing has lower caps). Violations are assessed per open position; repeated breaches remove performance fees and can deactivate the account. Single position loss rules apply in Risk Management Group (max 1% of initial balance per single position under additional restrictions).
• Changing lot size unusually vs account’s average can be flagged as gambling behaviour. Account rolling, excessive margin usage, and repeated large losses can trigger risk‑grouping and restrictions.

EAs, automation and VPS/VPN

• EAs permitted on MT5 with virtual/hidden SL/TP; EA enablement must be selected at purchase and EAs require pre‑approval. cTrader, DX Trade and TradeLocker have limited or no EA support. Using VPS and VPN is allowed for trading but prohibited during KYC; account holder must maintain exclusive control (no group trading).

Enforcement, breaches and consequences

• Breaches are categorised as soft or hard depending on severity: soft breaches (e.g., news window TP/SL fills) may remove profits for that payout window; hard breaches (daily/total drawdown breach, prohibited group trading) result in auto‑closure and account termination. Repeated rule violations escalate to performance fee forfeiture and account deactivation.
• If the 2‑minute rule or gambling policy is breached post‑qualification, profits can be removed and accounts reset to initial balance.

Transparency and reporting

• Traders can view average trade duration, daily loss metrics, and consistency scores on the dashboard (“account metrics” > “insights”). The firm provides examples and worked scenarios for drawdown and daily loss calculations to help traders understand enforcement thresholds.

Practical compliance checklist for applicants

1. Ensure average trade duration > 2 minutes and >50% of profits come from trades > 2 minutes.
2. Use EA only on MT5 after pre‑approval and enable EA at checkout.
3. Avoid copying other traders or group trading; provide proof of account ownership for any copy setups using external masters.
4. Observe news windows per plan; do not open/close trades inside restricted windows.
5. Respect lot exposure caps and single position risk limits; monitor daily/equity start values at 00:00 GMT+3.

Overview

• This section details how traders receive earnings, fee mechanics, and scaling incentives at Alpha Capital, presented from a reviewer’s non‑promotional perspective.

Profit split and payout cadence

• Standard split: Qualified traders typically receive 80% of profits as a performance fee share; reviewer note: this is competitive versus many peers but subject to strict rule compliance.
• Payout cadence options: On‑Demand (request anytime subject to consistency and the 40% Best Day Rule) and Bi‑Weekly (automatic window every 14 days after the account starts trading). Bi‑weekly accounts require minimum trading days before first payout.

Minimum payout, payment methods, and taxes

• Minimum payout threshold: $100 virtual profit required for payout eligibility on bi‑weekly accounts (net to trader after split). On‑demand requests also require minimum profit percentages and consistency compliance.
• Payment methods: third‑party processors such as Rise, Wise, and Bank Transfer (WIRE/ACH/SWIFT); Riseworks may process alternative rails including crypto conversions but the firm does not pay direct crypto withdrawals.
• Taxes: reviewers recommend traders check local tax obligations; payouts are processed gross but any tax liabilities rest with the trader.

Fee refunds, reimbursements, or guarantees

• Refund policy: assessment fees are non‑refundable; performance fee reimbursements occur only in rare, documented exceptions.
• Performance fee bonus: discretionary bonus on the 4th successful withdrawal (0.25% of initial account size) for qualifying traders.
• If rule breaches are detected during payout analysis, invalid profits from the window may be removed and the remaining payout delayed.

Scaling and growth plans

• Scaling eligibility: traders who achieve 10% virtual capital growth can request scaling; scaling increments are 10% of the initial balance and capped cumulatively (platform cap example: $2 million total across scaled accounts).
• Merge and scale rules: merging qualified accounts allowed up to $300k per merged allocation; merged accounts cannot be scaled and scaled accounts cannot be merged.
• Alpha Prime pathway (career progression): top performers may be reviewed for live opportunities, salary options, and larger fund allocations.

Consistency and risk gating for payouts

• On‑demand consistency rule: 40% Best Day Rule — no single trading day may account for more than 40% of total profits in the payout window. Traders must reach 2.5× their best‑day profit in that window to withdraw.
• Partial withdrawals: a partial payout resets the consistency window; remaining funds are locked to that window until new rules are satisfied.
• Payout rejections: if a breach is found, payouts may be reduced or postponed; traders are advised to close positions when submitting payout requests.

Practical tips for maximizing take‑home pay

• Track the dashboard metrics (consistency score, best day, payout window) before requesting on‑demand withdrawals.
• Maintain conservative position sizing near payout windows to avoid slippage‑driven breaches or daily drawdown hits.
• Keep clear KYC documentation and ensure no pending rule investigations before requesting funds.

Market structure and spreads

• Alpha Capital simulates live market spreads that mirror typical liquidity conditions for majors and indices; spreads widen during low liquidity and high‑impact news events. Typical instrument availability includes FX majors/minors, US/EU/UK indices, XAU/XAG and oil; swap/triple‑swap rules apply for overnight holds.

Commissions, swaps and fees

• Spreads are the primary cost; commissions apply on some instrument types depending on the selected account model and platform. Swap rates are shown in MT5 Specification / MT5 Properties and are quoted in points; triple swap on Wednesday for weekend carry is enforced for positions held through rollovers.

Execution model, slippage and re‑quotes

• Execution is market‑style with realistic slippage during volatility and news; the simulated environment reproduces live fills but enforces rules to prevent exploitation (no unrealistic demo fills). Slippage can be positive or negative; re‑quotes are not promoted but large volatility may affect execution quality.

Platforms and tooling

• Supported terminals: MT5 (primary EA support), cTrader (limited EA features), TradeLocker (proprietary workflow) and web clients; platform availability depends on chosen plan at purchase. MT5 is the only platform that supports EAs fully; cTrader/DX Trade/TradeLocker have functional constraints for automated systems.

Liquidity, routing and latency

• Liquidity is modelled to reflect aggregated market conditions; during high impact news, spreads and latency can increase and slippage may be more pronounced. Traders should assume simulated but realistic route behaviour and plan order sizes accordingly to avoid max lot exposure or margin hits.

Practical execution checklist

• Verify platform choice (MT5 vs cTrader vs TradeLocker) before purchase to ensure EA and order type compatibility.
• Expect wider spreads and potential slippage around economic releases; avoid tight SL/TP during known high‑impact windows.
• Monitor swap schedules for overnight holdings; account types like Swing accept weekend holds but carry swap costs.
• Respect max lot exposures per account size to avoid position rejections or breach counts.

Overview

• A neutral reviewer finds Alpha Capital enforces rules actively using automated monitoring plus manual risk-team reviews; enforcement is structured, documented, and escalates from soft adjustments to hard account terminations.

Monitoring tools and dashboards

• Real‑time account metrics: dashboard shows equity, balance, open‑trade exposures, max lot usage, average trade duration, daily drawdown, consistency score, and best‑day contribution.
• Historical audits: full trade history is available for withdrawal reviews and appeals.
• Automated flags: rule triggers for daily/total drawdown, max lot caps, 2‑minute average duration breaches, and news‑window infringements generate automated alerts for the risk team.

Rule enforcement process and exceptions

• Tiered enforcement:
  1. Soft action — warnings, removal of performance fee entitlement for the affected payout window, or temporary hold on withdrawals.
  2. Hard action — performance fee forfeiture, account deactivation, and closure for severe or repeat violations.
• Violations counted per open position not per trade idea; overlapping positions can multiply breach counts.
• Case review: the risk team reviews contextual evidence (slippage, feed issues, platform errors) and may apply discretionary exceptions when verifiable technical faults exist.

Dispute resolution and appeals

• Appeal pathway:
  • Submit evidence via support/risk email with trade IDs, timestamps, and platform logs.
  • Initial review by risk operations; if upheld, escalation to senior review with documented rationale.
  • Resolution outcomes include reinstatement, partial reinstatement of fees, or affirmation of original sanction.
• Timelines: reviewers note response windows are stated but discretionary; traders should expect multi‑stage reviews and keep records.

Account suspension and termination policies

• Common triggers: hard drawdown breaches, copying/group trading, repeated max‑lot violations, fraud, and KYC failures.
• Consequences: suspended accounts are restricted from purchases, scaling, merging, and payouts until cleared; termination is final and may include permanent bans for egregious abuse.
• Cooling periods and re‑enablement: some restrictions allow conditional re‑enablement after compliance actions or after meeting payout‑based review criteria (e.g., two successful payouts to request leverage re‑review).

Transparency and trader obligations

• Traders must keep KYC documentation current, maintain single‑user control of accounts, and provide requested logs for appeals.
• Rule changes and added restrictions are communicated by email; however discretionary emergency restrictions may be applied with follow‑up notification.

Practical compliance checklist

• Keep average trade duration and consistency metrics within limits.
• Respect per‑position lot caps and do not open overlapping positions that exceed limits.
• Save platform logs and trade IDs immediately after suspected incidents.
• Use the official support/risk email channel for disputes and include full evidence.

Overview

• Alpha Capital applies multi‑layered risk controls combining automated margin checks, lot‑exposure caps, daily and maximum drawdown limits, and a manual risk‑team review during payout and account audits. Enforcement includes conditional restrictions (risk management groups) and re‑enablement criteria.

Built‑in risk controls and margin rules

• Daily and total drawdown: per‑plan daily loss ceilings and overall maximum drawdowns are enforced from the account starting balance or equity (whichever the plan specifies). Hard breaches auto‑close positions and may terminate accounts.
• Leverage and margin adjustments: when accounts are moved to the risk management group, leverage is reduced (examples: up to 1:30 for Pro/One/Three; up to 1:15 for Swing) and margin requirements rise accordingly.
• Single‑position and lot caps: explicit maximum lots per account size are enforced; breaches are counted per open position and can result in disqualification of performance fees or account deactivation.
• 2‑minute average trade rule and best‑day consistency: rules to prevent tick‑scalping and single‑day profit concentration protect capital and ensure consistent performance sampling.

Insurance, capital protection, and firm liability

• No client capital guarantee: funding is simulated and the firm does not accept client deposits; the firm’s model emphasises virtual capital assessments rather than insured client funds.
• Performance fee review: profits are audited at withdrawal; any profits resulting from breached rules, excessive lot usage, or prohibited group behaviours can be invalidated.
• Discretionary protections: documented exceptions may be applied where verifiable platform or liquidity faults occurred, subject to risk‑team adjudication.

Corporate solvency signals and disclaimers

• Regulatory and legal positioning: the firm positions itself as an educational and simulated funding provider with UK registration and terms that disclaim regulated investment services; traders should note the firm’s stated non‑regulated status and read T&Cs carefully.
• Transparency signals: public terms, KYC requirements, and visible audit trails on the trader dashboard serve as solvency and procedural transparency indicators but do not substitute for formal deposit insurance.

Risk‑grouping, cooling‑off and remediation

• Risk management groups: accounts demonstrating risky styles (large single‑trade risk, extreme scalping, repeated max lot breaches, account rolling) may be moved to a restricted group with lower leverage, stricter lot caps, and other conditions such as cooling‑off periods or temporary pause of service.
• Remediation path: eligible traders can request discretionary reviews after demonstrating compliant performance (for example, two successful payouts) to regain normal leverage or restore full account capabilities.

Practical takeaways for traders

• Always monitor per‑position lot caps and daily drawdown windows on the dashboard.
• Keep average trade durations and consistency metrics within limits to avoid being risk‑flagged.
• Save logs and evidence of platform anomalies promptly for any payout audits or appeals.
• Treat the funding model as simulated capital with strict risk‑management controls rather than insured client funds.

Overview

• Alpha Capital combines basic educational content, promotional competitions, and practical onboarding tools aimed at helping candidates pass assessments and manage qualified accounts. Support is primarily email‑driven with a documented risk review workflow and community engagement via competitions and promos.

Educational resources

• Structured resources: free trial accounts, monthly competitions with real account prizes, and published help‑center articles covering rules, drawdown examples, and payout mechanics.
• Live & recorded formats: periodic webinars and weekly calls for Alpha Prime candidates; reviewer note: these are more frequent for qualified/live pathways than for basic trial users.
• Practical documentation: detailed FAQs, step‑by‑step walkthroughs for passing evaluations, glossary entries, and sample calculation examples for drawdown and consistency rules.

Trading tools and analytics

• Dashboard analytics: real‑time metrics (equity, balance, consistency score, best‑day share, average trade duration, max lot usage) useful for monitoring compliance and payout readiness.
• Platform toolset: MT5 (full EA support), cTrader (limited EA), TradeLocker/proprietary clients and web dashboards; downloadable MT5 spec pages show swaps and trading hours.
• External tool friendliness: allowed use of VPS/VPN for reliable execution; EA automation is allowed only when explicitly enabled and pre‑approved on MT5.

Community and mentorship

• Competition ecosystem: monthly free contests, prize accounts, and promotional 5k giveaways foster community engagement and provide hands‑on practice.
• Peer channels: public leaderboards and community forums are referenced in the help center; reviewer note: explicit Discord/Telegram links are not published in the T&Cs but community features are promoted through the dashboard and social pages.
• Mentorship & manager access: qualified traders can access weekly calls with fund managers and potential mentorship via Alpha Prime progression.

Customer support and response expectations

• Support channels: primary emails include accounts@alphacapitalgroup.uk, risk@alphacapitalgroup.uk, support@alphacapitalgroup.uk, and info@alphacapitalgroup.uk for general queries.
• Response times and SLAs: risk review and leverage‑reinstatement requests specify up to 48 hours for review; other support responses are discretionary and may vary by load.
• Evidence requirements: appeals require trade IDs, timestamps, and platform logs; keep exports ready to speed resolution.

Practical tips for traders

• Use the free trial and competitions to familiarise yourself with the dashboard metrics before buying an assessment.
• Keep KYC and platform logs ready; save MT5/TradeLocker logs immediately when disputing fills or slippage.
• Choose MT5 for automation needs and ensure EA approval at checkout to avoid later compliance issues.

Overview

Alpha Capital offers a structured onboarding flow that mirrors industry assessment journeys, from purchase and KYC to platform selection and dashboard familiarisation. The process emphasises clarity on rules, visible metrics, and fast access to trial environments.

Account setup flow and KYC requirements

• Signup and purchase: create account on the dashboard, select plan size and platform, choose EA enablement if required.
• KYC: identity and address verification required before first payout; failure to complete KYC may block withdrawals and certain account actions.
• Account provisioning: live demo/trial credentials issued by email; MT5/TradeLocker/cTrader options are provisioned depending on purchase.

Dashboard usability and reporting

• Key panels: real‑time metrics (balance, equity, max lot usage, average trade duration, consistency score, best day) are central to the dashboard.
• Reporting exports: full trade history, downloadable logs and insight panels for drawdown and consistency calculations support appeals and payout requests.
• Clarity: rules, news‑windows, and lot limits are displayed in the help section and inside account metrics to reduce surprises at withdrawal.

Mobile experience and app availability

• Mobile access: web dashboard is mobile responsive; MT5 mobile is supported for order execution and monitoring.
• Feature parity: not all dashboard analytics have full mobile functionality; complex reports and appeals are easier via desktop.
• Alerts: email notifications for payout reviews and risk escalations; traders should enable verified email and keep contacts updated.

Practical UX tips

• Complete KYC early to avoid payout delays.
• Use the free trial and monthly competitions to get comfortable with the dashboard metrics before purchasing a paid assessment.
• Export platform logs immediately after any anomalous fill to simplify disputes.

Overview

• Alpha Capital positions its service as an educational, simulated‑funding provider under UK registration; legal boundaries, T&Cs, Privacy and Disclaimer pages frame user obligations and risk disclosures.

Regulatory status and licensing

• Company registration is UK‑based and the offering is presented as simulated training and virtual funding rather than a regulated investment service.
• No FCA investment license claims are made in public materials; traders should treat funding as non‑custodial, simulated capital.

KYC, AML and data protection

• KYC and address verification are mandatory before payout eligibility; incomplete verification can block withdrawals and certain account operations.
• AML controls and transaction reviews are applied during payout audits and suspicious‑activity investigations.
• Personal data is processed under the firm’s Privacy Policy and stored on UK servers; users should review retention and transfer clauses.

Key legal clauses and user obligations

• Acceptance of Terms: use of the dashboard constitutes acceptance of the published Terms of Use and related policies which may be updated.
• Submissions and IP: user contributions remain the user’s property but the company reserves rights to use feedback/submissions per the Terms.
• No refunds: assessment and challenge fees are final under the published Return Policy.

Risk disclosures and disclaimers

• The site explicitly states simulated performance is not indicative of future results and that virtual trading carries risk; capital protections or deposit insurance do not apply.
• The firm reserves the right to change rules, impose emergency restrictions, suspend accounts, and enforce penalties for rule breaches.

Dispute resolution and jurisdiction

• Governing law: Terms specify English law and courts of England and Wales as the primary jurisdiction for disputes.
• Dispute process: appeals and evidence (trade IDs, timestamps, platform logs) should be submitted via official support/risk channels for manual review.

Practical compliance checklist

• Complete KYC and keep copies of identity/address documents.
• Export and archive full trade logs and platform timestamps for dispute support.
• Read and save the current Terms, Disclaimer and Return Policy before purchase.
• Consult local legal/tax advice if regulatory certainty or tax treatment is required.

Overview

• A third‑party reviewer finds Alpha Capital presents a mixed but documentable public record: clear published rules, visible T&Cs and KYC requirements, active community promotions, and a pattern of policy updates that signal operational maturation rather than full regulatory parity.

Public track record and longevity

• Company presence: active product pages, monthly promotions, and evolving rule sets indicate ongoing operation and product iteration.
• Longevity signals: established help‑center documentation, recurring competitions and free‑trial flows show sustained marketing and product activity over multiple release cycles.

Payout reviews and real‑world case studies

• Payout mechanics: documented bi‑weekly and on‑demand payout options, consistency gating (40% Best Day Rule), and third‑party processors are described openly; review samples from community threads show successful payouts when rules are followed.
• Failure modes: common complaint patterns include declined payouts after post‑withdrawal audits, strict enforcement of lot caps, and cases where rule interpretation required appeals.

Community sentiment and independent ratings

• Community feedback is mixed: active community channels and competitions create engagement and positive anecdotes, while forum/review threads note disputes over enforcement, KYC delays, and isolated customer‑service latency.
• Trust indicators: public Terms, visible audit metrics on dashboards, and documented appeals channels weigh positively; traders should look for consistent payout confirmations and transparent customer replies as trust signals.

Red flags and scam indicators to watch for

• No automatic refunds on assessment fees; non‑refundable fee model is standard but increases risk for buyers who don’t read T&Cs.
• Aggressive rule enforcement without clear, timely communication and missing or delayed KYC replies are recurring user grievances that merit caution.
• Watch for inconsistent public evidence of rapid, repeated account reinstatements without clear remediation steps; ask for written audit outcomes when contesting a closure.

Practical validation checklist before applying

1. Verify you understand the consistency, drawdown and lot‑cap rules in writing on your dashboard.
2. Complete KYC before trading and keep copies of all submitted documents.
3. Run a Free Trial or enter a competition to see real dashboard metrics and payout flows in practice.
4. Save full trade logs and timestamps for every session to support appeals.
5. Seek peer feedback on recent payouts in live trader communities and compare multiple independent reviews.

Final reviewer note

• Alpha Capital is operationally transparent in many respects yet enforces conservative risk rules; traders seeking simulated funding should weigh the documented rule clarity and community evidence of payouts against the firm’s non‑regulated, non‑refundable fee model.

Overview

• Neutral reviewer summary of strengths and weaknesses for Alpha Capital, plus who the service fits best.

Pros

• Clear rule documentation and visible dashboard metrics that help traders monitor consistency, drawdowns, and lot exposure.
• Multiple funding paths (trial, challenge, on‑demand, bi‑weekly) that suit different trading rhythms.
• EA support on MT5 and platform options (MT5, cTrader, TradeLocker) for discretionary and algorithmic traders.
• Competitive profit split for qualified traders with explicit scaling and Alpha Prime career pathways for top performers.
• Active community engagement via monthly competitions and free trial promos that lower entry friction.

Cons

• Non‑refundable assessment fees increase financial risk for inexperienced applicants.
• Strict enforcement and discretionary reviews can lead to declined payouts unless traders document compliance and preserve logs.
• Platform differences (EA availability, lot caps) create planning friction; choose platform carefully before purchase.
• KYC and support latency reported in some cases; appeals require detailed logs and may take discretionary time to resolve.
• Simulated funding model means no client deposit insurance or regulated custody protections.

Ideal trader archetypes

• Best fit: disciplined swing and discretionary traders who follow clear risk rules, maintain average trade durations >2 minutes, and prefer structured payout cadence.
• Good fit: systematic traders and EA users who run approved EAs on MT5 with pre‑approval and consistent lot sizing.
• Not recommended: traders seeking guaranteed regulated custody, instant refunds, or those relying on ultra‑short HFT/tick scalping strategies.

Actionable decision tips

1. Run a Free Trial or join a competition to test dashboard metrics and execution.
2. Use MT5 and request EA enablement before buying if you need automation.
3. Keep KYC up to date and archive platform logs for every session.
4. Before requesting payouts, verify the 40% Best Day consistency and lot‑cap compliance on the dashboard.

Key scorecard (weighted)

• Price (25%): Challenge fees non‑refundable; competitive vs peers but cost risk for beginners.
• Rules strictness (20%): High — clear rules, 2‑minute average trade rule, strict lot/exposure enforcement.
• Payout reliability (20%): Documented bi‑weekly and on‑demand paths; payouts succeed when rules followed.
• Platform & execution (15%): MT5 best for automation; cTrader/TradeLocker have limitations.
• Support & transparency (20%): Public T&Cs and dashboards score positive; KYC and appeal latency reduce score.

Weighted checklist for decision

1. Run a Free Trial to validate execution and dashboard metrics.
2. If you need EA automation, select MT5 and enable EA at checkout.
3. Budget for non‑refundable fees and prepare full logs for disputes.
4. Confirm lot caps and leverage for your preferred account size before purchase.
5. Maintain KYC and have appeal evidence ready.

Final verdict

• Use case: Alpha Capital suits disciplined swing and systematic MT5 traders who accept non‑refundable challenge fees and can operate within strict risk controls.
• Caution: Not ideal for ultra‑short scalpers, traders seeking regulated custody, or those unwilling to document every trade.