REVIEW SUMMARY
Audacity Capital is a Forex prop firm, located in London, UK. It was founded in 2012.
FEATURES
Instruments: Forex, Indices, Metals, Commodities.
Max balance: $2,000,000
Profit split: up to 85%
Cost: from $129
Platforms: MT4, MT5.
PROS & CONS
What I like:
What could be improved:
Audacity Capital is a prop trading firm located in the UK.
In this article, you’ll get a review of this prop firm, including analysis and instructions to get funded with an account from Audacity Capital.
Here’s what you’re going to learn:
Audacity Capital is a prop firm located in London, UK. It was founded in 2012 so it already has some experience with funding traders.
Audacity Capital is a prop firm that funds traders to trade mainly Forex but other CFDs assets are available after a few stages.
Here’s a list of all of the instruments:
Audacity Capital funds traders with account balances that go from $10,000 up to $240,000. These accounts can be scaled up to $2,000,000 as you keep having good results trading.
Depending on the product that you choose, you may get immediate funding, which applies to the Funded Trader Program, or you may need to pass a 2-phase evaluation process, which applies to the Ability Challenge.
The prices of the products are different according to the account size that you are applying to.
The prices of the smaller funded account start at $129 and go up to $2,399 for the bigger account.
The leverage provided by the prop firm depends on the challenge that you’re taking. Here’s the list of leverage by category:
Funded Trader Program:
Ability Challenge:
The profit split is different according to the product that you chose.
Here’s the payout for each product:
There are other prop firms with higher payouts, but we can say that this is pretty much the industry standard. The options with instant funding give you a smaller payout compared to the one with evaluation, but that’s understandable.
According to Trustpilot, Audacity Capital is classified as excellent. It’s scoring an impressive 4.7/5.0 after almost 1,000 reviews from users.
The Funded Trader program was made for traders who already know how to trade and want to get immediate funding.
You just need to achieve a target without reaching a maximum drawdown to start making withdrawals.
Here are all the details:
When trading the Ability Challenge you must prove your experience in a 2-phase evaluation process.
During this phase, you need to achieve a profit target without any time limit. Here are all the details:
After you complete the phase 1 challenge, you’re ready to start phase 2.
This phase also doesn’t have any time limit. Just achieve the profit target while not breaking any rules to pass this phase. The profit target is the same as phase 1. The maximum drawdown and the maximum daily drawdown are reduced. Here are all the details:
If you like to use EAs to trade, Audacity Capital is a great prop firm for you. They allow EAs to trade, just make sure that it will not breach any rule.
Yes, Audacity Capital offers a free trial. Click the button below the next paragraph to get it.
Audacity Capital provides free repeats for traders who want to take on the challenges again.
The only requirement is that you are profitable at the end of the trading period (although you didn’t achieve the profit target), and of course, that you didn’t violate any rule.
Use the promo code link below to get unlimited free repeats. Don’t forget to delete your cookies if you already visited the website and want to take on the challenges again.
Audacity Capital gives you access to the most popular trading platform used by Forex brokers.
You can use:
Holding trades overnight is allowed on all programs. You can have your positions open for as long as you want according to your own trading style. Just be careful with daily and gaps.
Regarding holding trades during the weekend, you can also hold open trades during the weekend. Make sure you use a proper lot size, to keep your account safe during potential weekend gaps.
You are not allowed to trade news with Audacity Capital. Make sure that you have all your positions closed when there are important news releases.
Here are all the payment types accepted by Audacity Capital:
Yes, Audacity Capital is a legit company.
Here are the contacts to reach them:
Here’s the list of the best Audacity Capital alternatives:
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View Comments
I've been trading for 5+ years now and I'm glad that I found Audacity Capital as a prop firm for all the benefits that the company offer to the traders.
They provide an excellent environment for us to reach our goals and progress through our trading journey, the team support is amazing as well as the platform and the market conditions.
Audacity Capital is a professional, fair, serious, and transparent company.
Thank you for your feedback, Benjamin.