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Alpicap review

Alpicap review

Trading Platforms

MetaTrader 4

 

Deposit Methods

Credit / Debit Card

Crypto

 

Withdrawal Methods

Bank Transfer

Crypto

Forex Commission

Eightcap spreads

CEO

-

Weekend Holding

Yes

Copy Tading

Yes

Payout time

30 days

Country

Switzerland

News Trading

Yes

Refund Fee

No

Trustpilot

4.5

Expert Advisors

Yes

Max Allocation

$200K

Instruments

Forex, Indices, Commodities, Metals and Crypto

🚩 A Fake AI Generated Review on Trustpilot.com

Review

Alpicap review

As you can see, this positive review on Trustpilot was generated by AI, according to two major AI detector websites. At the same time, that review is the only one published by that Trustpilot user.

AI Detector

Alpicap review
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🚩🚩 No Negative Reviews on Trustpilot

Here are five reasons why it is not good for a prop firm to have only positive reviews and no negative reviews on Trustpilot, especially when there are only 18 reviews:

  • Lack of Credibility 📉: A perfect score with no negative reviews can appear suspicious to potential clients. People are naturally skeptical of companies that seem too good to be true, and the absence of any negative feedback might lead them to question the authenticity of the reviews.

  • Perceived Manipulation 🤔: If there are only 18 reviews and all are positive, it might give the impression that the reviews are manipulated or fabricated. 

  • Lack of Transparency 🔍: Honest businesses usually have a mix of positive and negative reviews because no company is perfect. A diverse range of feedback shows that the firm is open to criticism and is committed to transparency and improvement. 

  • Missed Opportunities for Improvement 🚀: Negative reviews provide valuable insights into areas where the firm can improve. Without constructive criticism, the firm might miss opportunities to enhance its services and address potential issues that could affect customer satisfaction in the long run.

  • Diminished Trust 🤝: Potential clients may find it difficult to trust a firm with only positive reviews, as it does not reflect the varied experiences of all customers. Trust is built on authenticity, and a mix of reviews often portrays a more genuine and trustworthy image.

  • Not Enough Clients 📉: Having only 18 reviews indicates that the firm may not have a substantial client base. A small number of reviews, even if positive, might suggest the firm lacks significant experience or has not yet established a strong market presence, which can be a red flag for potential clients.

⚠️ A warning on Propfirmmatch.com

Even though the company Alpicap has only positive reviews on Trustpilot, which is quite suspicious because no company can have only satisfied customers, I found a negative review on the site Propfirmmatch.com. Two months ago, a user named “mustapha” wrote, “it’s big scam this firm,” and this comment received one like. However, the issue is that he did not provide detailed reasons for why it is a scam. We do not know if this “mustapha” was a customer or just a hater of Alpicap.

Putting this negative comment aside, Alpicap has 173 likes on Propfirmmatch.com, which suggests it is a trustworthy service. However, we cannot be sure if the founders of Alpicap created multiple accounts on Propfirmmatch to like their own service.

🕵️‍♂️ Anonymous CEO

The CEO is not specified on the website in any section, which raises some concerns about this property firm. The only faces we see representing this service are the curly-haired woman and two other men. You can find them on Alpicap’s Instagram page. Reputable proprietary trading firms typically disclose the identity of their CEO.

🔍 Conclusion of the Alpicap review

We’ve reached the end of this review feeling as gloomy as the night. So let’s recap what we’ve learned about Alpicap today.

  1. Fake reviews written with AI
  2. Lack of negative reviews on Trustpilot. (Remember, Trustpilot is a platform where many unhappy users usually vent their frustrations about the service they use.)
  3. Negative review on Propfirmmatch.com.
  4. Unknown CEO (usually trustworthy prop firms mention who their CEO is).

After these four reasons, I believe we’ve all drawn a conclusion. Now, if I haven’t convinced you and you really want to give Alpicap a try, I recommend trying their smallest and cheapest challenge ($15K for $99) to test the service. My team and I still consider this service unreliable.

Until next time, I bid you farewell with respect and lovely kisses, dear traders 🥰📈

PRICING & ACCOUNT SIZES

$15,000

$ 99
  • 2 Steps
  • Profit Split: 80%
  • Profit Target: 1: 10%; 2: 5%
  • Max. Daily Loss: 5%
  • Max. Total Drawdown: 12%
  • Trading Leverage: 1:100

$25,000

$ 149
  • 2 Steps
  • Profit Split: 80%
  • Profit Target: 1: 10%; 2: 5%
  • Max. Daily Loss: 5%
  • Max. Total Drawdown: 12%
  • Trading Leverage: 1:100

$50,000

$ 299
  • 2 Steps
  • Profit Split: 80%
  • Profit Target: 1: 10%; 2: 5%
  • Max. Daily Loss: 5%
  • Max. Total Drawdown: 12%
  • Trading Leverage: 1:100

$100,000

$ 499
  • 2 Steps
  • Profit Split: 80%
  • Profit Target: 1: 10%; 2: 5%
  • Max. Daily Loss: 5%
  • Max. Total Drawdown: 12%
  • Trading Leverage: 1:100

$200,000

$ 977
  • 2 Steps
  • Profit Split: 80%
  • Profit Target: 1: 10%; 2: 5%
  • Max. Daily Loss: 5%
  • Max. Total Drawdown: 12%
  • Trading Leverage: 1:100

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