Astra Capital Funding, is a new prop firm. It is based in Germany, and it follows all German laws and regulations. The firm’s official address is at Rathausplatz, 66333 Völklingen, Hohenzollernstr/Saarland, Germany. The venture started in February 2024 under the ownership of Yehya AI Khateeb and Mohammad Saad. Astra Capital Funding uses a precise evaluation process that helps them in selecting truly remarkable and gifted traders.
What Trading Platforms Does Astra Capital Funding Offer?
Astra Capital Funding provides 2 trading platforms: MT4 and Astra X which is their proprietary platform..
- MT4 was developed by MetaQuotes Software in 2005.
- MT4 offers over 80 markets for trading, including FX, commodities, indices, and crypto.
- MT4 key features: advanced charting tools, auto trading, copy trading and sophisticated tools for technical analysis.
Trading Instruments at Astra Capital Funding
Astra Capital Funding offers trading instruments such as Forex, Crypto, Indices, Metals, and Energies at Astra Capital Funding. The instrument type you chose to trade with will dictate your commission, leverages and lot sizes.
Tradable Instrument | Leverage |
---|---|
Forex | 1:30 |
Indices | 1:20 |
Metals | 1:30 |
Energies | 1:10 |
Crypto | 1:2 |
Payment Methods at Astra Capital Funding
You can buy any challenge at Astra Capital Funding by using two different payment options:
- Stripe
- Credit card/Crypto (Coinbase Commerce)
Once you start getting profits, you can get paid by:
- Cryptocurrency
- Bank transfer
- Revolut.
Exploring Account Size Options at Astra Capital Funding
Challenge Size | $5,000 | $6,000 | $6,000 | $10,000 | $15,000 | $15,000 | $25,000 | $25,000 | $25,000 | $50,000 | $50,000 | $50,000 | $100,000 | $100,000 | $100,000 | $200,000 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Steps | NOVA | 2-steps | 1-step | NOVA | 2-steps | 1-step | 2-steps | 1-step | NOVA | 2-steps | 1-step | NOVA | 2-steps | 1-step | NOVA | 2-steps |
Phase 1 profit target | 8% | 8% | 2.5% | 8% | 8% | 2.5% | 8% | 2.5% | 8% | 8% | 2.5% | 8% | 8% | 2.5% | 8% | 8% |
Phase 2 profit target | 5% | 5% | N/A | 5% | 5% | N/A | 5% | N/A | 5% | 5% | N/A | 5% | 5% | N/A | 5% | 5% |
Max daily loss | 5% | 5% | 5% | 5% | 5% | 5% | 5% | 5% | 5% | 5% | 5% | 5% | 5% | 5% | 5% | 5% |
Max total loss | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
Minimum trading days | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
Maximum trading days | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
Refundable fees (yes/no) | YES (After 3rd Payout + free account) |
How Astra Capital Funding Shares Profits
Astra Capital Funding has fair profit shares. They allow you to keep 80% of your profit while they get the remaining 20%. Although it’s a reasonable profit distribution, it’s not the highest when you check the industry standard. Other prop firms offer a profit share that ranges from 85-90%.
Setting the Bar: Profit Targets at Astra Capital Funding
At Astra Capital Funding, they have high standards. In the first milestone you’ll need to have an 8% profit target in phase 1. The second phase will require you to validate that your success wasn’t just a fluke, by achieving a 5% profit target. And while you are doing this, you can’t break any rules.
Drawdown Rules and Loss Limits at Astra Capital Funding
A maximum daily loss is considered the maximum amount you can lose in one trading day. At Astra Capital Funding, the maximum daily loss is 5%. The maximum loss limit means the maximum amount you can lose based on your account balance. Astra Capital Funding set this to 10%.
Number of Trading Days Allowed
Unlimited. This option shows Astra Capital Funding’s commitment to support their traders’ success.
Cost of Entry for Astra Capital Funding Prop Firm’s Challenge
Challenge Size | $5,000 | $6,000 | $6,000 | $10,000 | $15,000 | $15,000 | $25,000 | $25,000 | $25,000 | $50,000 | $50,000 | $50,000 | $100,000 | $100,000 | $100,000 | $200,000 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Steps | NOVA | 2-steps | 1-step | NOVA | 2-steps | 1-step | 2-steps | 1-step | NOVA | 2-steps | 1-step | NOVA | 2-steps | 1-step | NOVA | 2-steps |
Price | $32 | $59 | $59 | $60 | $119 | $119 | $199 | $199 | $139 | $299 | $299 | $239 | $499 | $499 | $399 | $989 |
Fees and Commissions: What to Expect at Astra Capital Funding
All traders who pass Phase 1 and Phase 2 will receive a refund of their fees with their 4th payout.
Trading Instrument | Commission Fee |
---|---|
FOREX | $5 per lot |
METALS | $5 per lot |
INDICES | $0 per lot |
ENERGIES | $0 per lot |
CRYPTO | $0 per lot |
Information on Refunds at Astra Capital Funding
Astra Capital Funding provides initial fee refunds. All traders who pass Phase 1 and Phase 2 successfully will receive a refund of their fees with their 4th profits payout.
Free Trials
No. Astra Capital Funding doesn’t offer free trials.
Payout Timeline at Astra Capital Funding
You can request a payout every 30 days after the first successful trade on your live funded account. You need to have in mind that before payout of your profits, the 80% profit split will be applied. This means the company will get 20% of your profits.
Weighing the Pros and Cons of Astra Capital Funding (According to Trustpilot reviews)
Astra Capital Funding has a 4.2 stars on Trustpilot but you need to have in mind they are a new prop firm so that score is based on just 6 reviews.
- Good customer support
- Free retry option
- 24h payout
- Giveaways
- No hidden rules
- New prop firm
Astra Capital Funding FAQ
Yes. You can sign up for more challenges, but the total funded capital can’t go over $400.000
Expert Advisor (EA) usage on Evaluation and Expert Account
You can use Expert Advisors (EAs), hold positions during news events, keep trades open over the weekend, and trade with leverage-appropriate lot sizes.
But, during the expert account phase, you are not permitted to use an EA (Expert Advisor), as the company wants to assess your skills rather than rely on a random bot.
Is Astra a credible company?
Yes. They are registered in Germany and follow their regulations.
Is there a second chance,”Free Retry”?
Yes. You are eligible for a free retake if you breach the rules related to maximum drawdown or daily drawdown. But, you won’t get the free retake if you breach any other rules, such as: using pass challenge services, changing your IP address, or engaging in practices like gap trading, high-frequency trading, server spamming and others.
During a free retake, you will get an identical account, but with half the maximum drawdown and daily drawdown limits. The profit targets will stay the same.
No. There is No Free Retake on the Funded Account.
News Trading during the expert phase (also known as funded)
You are allowed to hold trades over the weekend and trade during the news in the evaluation stage.
Is there a scaling plan?
No. But the company promises they will work on it.