Accelerated Prop Group Forex prop firm review – Scam Alert!!!

Accelerated Prop Group prop firm offers funded challenge accounts, with funding options ranging from 10k to 350k USD. There are two challenge types, and the firm promises a 90% profit share on all of its challenges. There are two account types, 1-step, and 2-step, allowing traders to select the referable challenge type. The firm offers its own proprietary trading platform for trading, which is disadvantageous for traders who seek advanced platforms.

In this Accelerated Prop Group review, we are going to assess the firm’s most important features, such as safety, rules, funded options, assets, fees, support, and more.

Pros & cons of Accelerated Prop Group prop firm

Quick rating of Accelerated Prop Group and its features

Safety of Accelerated Prop Group – 0

There are no Accelerated Prop Group reviews on the FPA, which is a red flag. On Trustpilot, the firm has around 100 reviews, and 31% of these reviews are 1-star evaluations, which is a huge red flag. It indicates the firm has issues with safety and reliability and is potentially a scam. When it comes to experience, the firm was launched in 2023, which makes it young and inexperienced in its field, and it shows with a multitude of negative reviews.

The firm gets a 0 score in this section as it lacks safety and has many negative trader reviews, which indicates it might be a scam.

Accelerated Prop Group Funding and Maximum Capital Allocation – 2

Accelerated Prop Group funded programs are two, Evaluation (2-step challenge) and Accelerated (1-step). The Accelerated Prop Group funding program offers the following funding options: 10k, 20k, 50k, and 100k USD amounts. The Evaluation Prop Group Challenge offers 15k, 35k, 65k, 115k, 225k, and 350k USD amounts. Evaluation requires traders to hit the profit target in two phases, while accelerated only requires one profit target hit to get funded.

The Accelerated Prop Group scaling plan allows traders to increase their maximum funding to 700k USD, which is a good number but still lower than 1 million USD. Overall, the firm gets a 2 score in this section.

Accelerated Prop Group Assets – 2

Accelerated Prop Group prop trading is possible by speculating on a number of markets, including Forex pairs, indices, and commodities. There are no cryptos offered, and socks and futures are not available either, which is a big downside for this firm. The maximum leverage is capped at 1:60, which is decent.

Overall, for lacking many popular assets, the firm gets only a 2 score in this section.

Accelerated Prop Group Trading rules and limitations – 1.2

Accelerated Prop Group rules are slightly different for each funded account type. The Accelerated Challenge requires the following:

• Profit target – 10%
• Daily loss limit – 3%
• Maximum drawdown – 6%
• Minimum trading days – 3
• Maximum leverage – 1:60

The evaluation challenge has the following rules:

• Profit target – 8%
• Daily loss limit – 5%
• Maximum drawdown – 10%
• Minimum trading days – None
• Maximum leverage – 1:60

As we can see, the accelerated challenge has stricter rules while evaluation offers a better maximum drawdown.

Overall, the firm gets a 1.2 score in this section.

Accelerated Prop Group Fees – 2

The pricing starts at 99 USD for both Accelerated 10k USD and Evaluation 15k USD challenges. Let’s compare fees to see how competitive the firm really is.

The Accelerated Challenge has the following one-time fees:

• Funded amount: 10k – One-time fee: 99 USD
• 20k USD – 179 USD
• 50k USD – 299 USD
• 100k USD – 499 USD

The evaluation challenge requires the following one-time fees:

• 15k USD – 99 USD
• 35k USD – 289 USD
• 65k USD – 359 USD
• 115k USD – 499 USD
• 225k USD – 999 USD
• 350k USD – 1449 USD

As we can see, the pricing starts below 100 USD, which is competitive. However, many reliable firms offer 10k USD and higher challenges cheaper.

Accelerated Prop Group free trial is not offered, and the Accelerated Prop Group free repeat is not available either, which is a serious downside for the firm. Not being able to test trading conditions before purchasing challenges is a big disadvantage.

Overall, the firm gets a 2 score in this section.

Accelerated Prop Group Platforms – 2.1

Accelerated Prop Group offers its own proprietary trading platform, which is far inferior to advanced platforms like MT4 and MT5. There are both web and desktop versions, and mobile trading is available, but the features are lacking. There are no custom indicators and automated trading systems available.

Overall, the firm gets a 2.1 score in this section for offering inferior platforms.

Accelerated Prop Group Profit-Sharing – 2.5

Accelerated Prop Group profit split is set at 90% for all challenges, which is very competitive. However, withdrawals are a nightmare, and many traders claim the firm never paid them profits. There are too many negative comments for us to ignore. Stay away from this firm!

The firm gets a 2.5 score in this section.

Education and trading tools at Accelerated Prop Group – 0

The firm offers educational resources and trading courses with 1-on-1 mentorship. There are no video guides, and traders should register and start scaling plans to access these resources, which is a huge disadvantage. Traders needing to already pass the challenge to access educational resources does not make any sense, and the firm gets a 0 score in this section.

Customer Support at Accelerated Prop Group – 1.2

Customer support is provided only via email and the Discord channels. There is no live chat built inside the website, which is a huge downside. The website and support are only available in the English language, which is also a downside.

Overall, the firm gets a 1.2 score in this section.

Frequently Asked Questions on Accelerated Prop Group