Accelerated Prop Group Review: Why are Traders Not Paid?

Among plenty of proprietary trading platforms emerging in the last few years, this one doesn’t particularly stand out. Although they represent a legal entity, the platform described in this Accelerated Prop Group review has partnered up with an offshore broker with weak security measures. 

Furthermore, the opposing opinions of traders make their entire prop trading proposal overall suspicious. Read on for more details. 

Who Owns Accelerated Prop Group Brand?

According to the legal documents found on the website, the proprietary trading firm we’re reviewing today is registered in the UAE under the name of Accelerated Prop Group FZE-LLC. This entity has been legally incorporated, as the Ministry of Economy website shows:

The company was registered in August 2023 for conducting several activities, among which is also educational consulting and guidance, as well as educational testing evaluation services:

Unlike wealth management companies like Nuveen, prop firms don’t need strict regulations, so this conduct isn’t obligated to have a financial services license.

Although the firm is relatively recently registered, they’ve established social media profiles, such as X, Instagram, TikTok, YouTube, LinkedIn and Facebook, but their following isn’t big.

The only place online where Accelerated Prop Group reviews could be found is Trustpilot. It seems somewhat suspicious that out of 96 reviews, 72% are 5-star ratings and 25% are 1-star. Is this the work of paid reviews or are traders extremely divided when it comes to their experiences with this firm?

There are clients that speak highly of the platform, claiming that their payouts were quick and fair, while the trading circumstances are transparent and lucrative. 

On the other hand, some investors have complained about being accused of breaching the rules without any proof. Others have made even more serious accusations:

Accelerated Prop Group Platform Overview

Since this firm’s broker partner is ECG Brokers, and they offer MT5, that is the chosen trading technology available. ECG Brokers operate under weak offshore supervision, however, as they’re regulated by FSC in Mauritius and don’t own a premium regulation:

Offshore brokers aren’t considered safe as Tier 1 regulated entities, so it would perhaps be wise to choose a more reliable companion which our prop trading firm definitely is.

Accelerated Prop Group prop trading account can be acquired in many forms. The site presents an exhaustive choice of evaluation packages from $15k to $300k:

Fees for buying the evaluation package range from $99 for the $15k account to $1.449 for the most expensive version.

In order to gain access to the Accelerated Prop Group funded account, traders can also try out the accelerated challenges that also require minimum fees from $99 to $499:

Don’t forget that if you don’t like the current trading circumstances and want to increase leverage or perhaps Accelerated Prop Group profit split, you can do so, but at a cost:

Lastly, being funded by a reputable prop firm combined with useful trading tools like CoinMarketCal can significantly boost your performance and provide an edge. For that, we recommend you to check out our prop trading offer.

How to Request a Payout?

In order to register for membership, interested traders are immediately required to share billing information and purchase a package. Without that, you won’t be able to gain access to the user dashboard where you can request a payout. 

The firm claims to allow a monthly Accelerated Prop Group payout via credit and debit cards, while you can also unlock the bi-weekly payouts if you pay extra. First withdrawal can be performed after 14 days of activity on the platform.

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