FTUK
FTUK is a UK-based prop firm providing traders with access to funded accounts without initial deposits, focusing on transparent evaluations and diverse trading instruments to foster trader success.
Code:Ā “PROP20″
FTMO
FTMO is a prop trading firm offering traders up to $200,000 in simulated funds and the opportunity to earn up to 90% of profits.
Are you searching for the best alternatives to Audacity Capital for your forex trading needs? Look no further. Having access to the correct proprietary trading business can make all the difference in your trading success in the fast-paced world of foreign exchange. Even if Audacity Capital is well-known, astute traders understand that it is worthwhile to investigate the competition.
From firms offering higher profit splits and more flexible trading parameters to those providing top-notch educational resources and one-on-one mentoring, the alternatives to Audacity Capital are well worth considering. Whether you’re just starting or are a seasoned pro looking to take your trading to the next level, finding the best Audacity Capital alternative for your unique needs is key.
So, buckle up and get ready to discover the platforms that could potentially take your forex trading game to new heights!
How Did We Choose the Best Audacity Capital Alternatives 2024?
Here are the key factors considered in choosing the best Audacity Capital alternatives for 2024:
Profit Split
Evaluated prop firms offering similar or higher profit splits compared to Audacity Capital’s up to 90% payout.
Trading Platforms
Prioritized firms providing access to popular platforms like MetaTrader 4/5, cTrader for forex trading, and platforms like NinjaTrader for futures trading.
Funding Requirements
Considered firms with reasonable funding requirements, such as lower participation fees and no challenging tests compared to FTMO’s difficult challenges.
Trading Conditions
Focused on firms offering conducive trading conditions like deep liquidity, institutional liquidity providers, and flexible leverage options.
Support and Education
Included prop firms providing educational resources, webinars, and community support to help traders improve their skills.
List of 11 Best Audacity Capital Alternative
| Prop Firm | Features |
|---|---|
| The Funded Trader | The Funded Trader offers up to an 80% profit split, rewarding your trading acumen |
| Skilled Funded Traders | Traders can jump straight into trading with real funds, bypassing the often rigorous evaluation process |
| FTUK | Offers an extensive library of educational materials, catering to both novice and experienced traders, ensuring a steep learning curve |
| FTMO | FTMO provides traders with up to $200,000 in trading capital after successfully passing their evaluation process |
| Topstep | Supports 14 trading platforms, including NinjaTrader, TradingView, and TSTrader, catering to various trading preferences |
| Fidelcrest | Competitive profit splits up to 80%, rewarding successful traders with a substantial share of the profits |
| SurgeTrader | Access to cutting-edge trading platforms like MetaTrader 4 and Sterling Trader, ensuring a seamless and efficient trading experience |
| Earn2Trade | A structured program that guides traders from a virtual funded account to potentially managing portfolios as large as $400,000, offering a clear progression ladder |
| Lux Trading Firm | Offers a 75% profit split to traders, ensuring they reap the rewards of their successful trades |
| My Forex Funds | Offers a wide range of financial instruments including Forex, metals, crypto, CFDs, and indexes, catering to various trading preferences |
| City Traders Imperium | Allows the use of EAs for trade optimization |
1. The Funded Trader
Are you a passionate forex trader looking to take your skills to the next level and trade with significant capital? Look no further than The Funded Trader, an innovative proprietary trading firm that is shaking up the industry. With a unique challenge model, The Funded Trader offers traders the opportunity to manage accounts up to a staggering $600,000, with the potential to scale even higher.
What sets The Funded Trader apart is their commitment to providing a supportive and thriving community for their traders. Beyond the impressive profit splits of up to 90%, The Funded Trader fosters a vibrant environment where traders can connect, learn, and grow together. From engaging competitions to educational resources, they go above and beyond to set their traders up for success.
The Funded Trader is a beacon for those looking to navigate the high seas of currency exchange with a sturdy ship. As we dive into the depths of what makes The Funded Trader stand out in the crowded marketplace of proprietary trading firms, we’ll explore how it positions itself as a formidable alternative to Audacity Capital.
Key Features of The Funded Trader
- Generous Profit Splits: Enjoy a lucrative share of the profits, with The Funded Trader offering up to an 80% profit split, rewarding your trading acumen.
- Flexible Trading Strategies: Freedom to employ your trading strategies without stringent restrictions, allowing for creativity and personal flair in trading.
- Comprehensive Educational Resources: Access a treasure trove of learning materials, from webinars to e-books, catering to both novices and experts.
- Robust Risk Management Tools: Benefit from advanced risk management features, ensuring you stay protected while navigating the volatile Forex market.
- Prompt Payouts: Experience swift and hassle-free withdrawals, ensuring your hard-earned profits are easily accessible.
Pros and Cons of The Funded Trader
Pros
Cons
2. Skilled Funded Traders
Skilled Funded Traders is a proprietary trading firm that offers a unique opportunity for experienced and profitable traders to access substantial funding. Unlike many other prop firms, Skilled Funded Traders does not require traders to pass a challenging evaluation phase. Instead, the firm conducts a straightforward interview process to assess the trader’s skills, experience, and trading strategy.
Skilled Funded Traders was established with the aim of empowering talented traders by providing them with the capital they need to maximize their potential. The firm recognizes that many traders possess exceptional trading abilities but lack the necessary funds to fully leverage their strategies.
By partnering with Skilled Funded Traders, traders gain access to funded accounts ranging from $5,000 to $200,000, without having to go through grueling challenge phases. The application process is simple and efficient, allowing traders to quickly secure funding and start trading with real capital.
Skilled Funded Traders, a beacon of hope for ambitious traders. Among these, Skilled Funded Traders shines as a noteworthy platform, promising to bridge the gap between talent and opportunity.
Key Features of Skilled Funded Traders
- Generous Profit Sharing: Offers an attractive profit split, rewarding traders for their success.
- Flexible Trading Strategies: Allows the use of most trading strategies, including scalping and swing trading.
- No Evaluation Phase: Traders can jump straight into trading with real funds, bypassing the often rigorous evaluation process.
- Educational Resources: Provides access to a wealth of educational materials to help traders refine their strategies.
- Supportive Community: Boasts a vibrant community of traders, offering peer support and networking opportunities.
Pros and Cons of Skilled Funded Traders
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Cons
3. FTUK
FTUK one of the leading prop trading firm based in London, offers a unique opportunity to trade with up to Ā£4.48 million of their capital. With instant funding programs and a straightforward one-step evaluation process, FTUK makes it easy for profitable traders to access high-level funding and keep up to 80% of profits.
Their innovative scaling plan allows you to rapidly grow your account balance as you hit profit milestones. Plus, FTUK provides expert support, training resources, and a thriving trader community to help you succeed. In this article, we’ll take an in-depth look at the key features, advantages, and potential drawbacks of trading with FTUK. Get ready to discover if this could be the game-changing opportunity you’ve been seeking to accelerate your forex trading career.
FTUK provides a compelling opportunity for profitable traders to access significant capital and scale quickly while retaining the majority of profits. Their instant funding, one-step evaluation, and flexible trading parameters set them apart. However, the sizable buy-in fee and account gaps may be limitations for some. As with any prop firm, it’s crucial to thoroughly understand the rules and ensure the offering aligns with your trading style before signing up.
Key Features of FTUK
- Comprehensive Educational Resources: FTUK offers an extensive library of educational materials, catering to both novice and experienced traders, ensuring a steep learning curve.
- Advanced Trading Tools: Equipped with cutting-edge trading tools and analytics, FTUK empowers traders to make informed decisions and strategize effectively.
- Flexible Funding Options: With a variety of funding options, FTUK ensures that traders can easily manage their capital and trading activities without hassle.
- Robust Risk Management: FTUK emphasizes strong risk management protocols, helping traders minimize losses and protect their investments.
- Personalized Support: Traders benefit from personalized support and mentorship, enhancing their trading journey with expert guidance and insights.
Pros and Cons of FTUK
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4. FTMO
FTMO is one of the leading proprietary trading firms that offers funded accounts of up to $400,000 to qualified traders. With a rigorous yet rewarding evaluation process, FTMO aims to find the best trading talent worldwide and provide them with the tools and environment to succeed.
What sets FTMO apart is its trader-centric approach, offering industry-leading profit splits of up to 90%, a diverse range of tradable assets, and a robust educational and support system. Whether you’re an experienced trader seeking higher capital or a rising star ready to showcase your skills, FTMO provides a unique opportunity to trade for a living. In this article, we’ll dive into the key features, benefits, and inner workings of FTMO’s proprietary trading program.
FTMO offers a compelling proposition for skilled traders seeking funding and support to take their trading to new heights. With its high-profit split, diverse assets, educational resources, and scaling opportunities, FTMO has established itself as a leading player in the prop trading space
Key Features of FTMO
- Trading Capital: FTMO provides traders with up to $200,000 in trading capital after successfully passing their evaluation process.
- Profit Split: Generous profit sharing, with traders keeping up to 90% of the profits made.
- Evaluation Process: A two-step evaluation challenge designed to assess traders’ skills and risk management.
- Educational Resources: Access to a comprehensive educational suite, including webinars, courses, and coaching.
- Trading Platform Options: Freedom to trade using multiple platforms, including MetaTrader 4, MetaTrader 5, and cTrader.
- Support System: Dedicated support team and a community of traders for networking and sharing strategies.
- Risk Management: FTMO implements strict risk management rules to protect traders and the firm’s capital.
Pros and Cons of FTMO
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5. Topstep
\With programs like the Trading CombineĀ®, Topstep evaluates traders’ performance in simulated environments, rewarding those who demonstrate consistent profitability and sound risk management with funded accounts. Traders can earn payouts multiple times a month and benefit from a simple payout policy, while also having the option to trade on various platforms, including TradeStation and TradingView.
Topstep’s commitment to trader development is evident in its free educational offerings, live coaching sessions, and a supportive community that encourages accountability and growth.
Key Features of Topstep
- Funded Account Opportunity: Pass Topstep’s two-step evaluation to access a funded account with up to $150,000 in buying power, allowing you to trade without risking your own capital.
- Wide Range of Trading Platforms: Supports 14 trading platforms, including NinjaTrader, TradingView, and TSTrader, catering to various trading preferences.
- Educational Resources: Offers extensive educational content, including live webinars, video courses, and trading ebooks, to help improve your trading skills.
- Flexible Trading Options: Trade a variety of futures contracts, including E-mini S&P 500, NASDAQ 100, Crude Oil, and Gold, among others.
- Simple Payout Policy: Achieve 5 winning days with profits over $200 each to earn your payout, with fast processing times.
- Community and Support: Access to a robust trading community and customer support to assist with any queries or issues.
Pros and Cons of Topstep
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6. Fidelcrest
Fidelcrest, a proprietary trading firm established in 2018, has carved a niche in the Forex trading landscape by offering traders the chance to manage significant capital, ranging from $10,000 to $2 million. This firm is not just about providing capital; it’s about nurturing trading talent, whether you’re a novice or a seasoned trader. With competitive profit shares, a variety of trading instruments, and a supportive environment, Fidelcrest is designed to align with traders’ aspirations and styles.
The firm’s flexible trading programs and transparent fee structure, complemented by promotional discounts, make it an attractive platform for those serious about their trading careers. Traders can benefit from up to 90% profit splits, depending on the chosen program, and have the opportunity to trade a wide array of instruments, including forex, indices, metals, commodities, stocks, and cryptocurrencies.
Key Features of Fidelcrest
- Capital Offering: Fidelcrest provides traders with capital ranging from $10,000 to $2 million, allowing for significant trading flexibility.
- Trading Instruments: Offers a wide range of CFDs and currency pairs, including Forex, stocks, indices, metals, commodities, and cryptocurrencies.
- Profit Split: Competitive profit splits up to 80%, rewarding successful traders with a substantial share of the profits.
- Flexible Trading Challenges: Tailored challenges with reasonable trading objectives, catering to different experience levels and risk appetites.
- Support and Training: Comprehensive support and training resources are available, ensuring traders are well-equipped to succeed.
- Promotional Offers: Attractive promotional offers, including discounts and the possibility of account scaling, enhance the trading experience.
Pros and Cons of Fidelcrest
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7. SurgeTrader
SurgeTrader emerges as a beacon for traders aiming to leverage their skills for maximum gain. Established with a vision to simplify the path to funded trading, SurgeTrader has quickly carved out a niche for itself, offering a unique blend of simplicity, flexibility, and opportunity.
Whether you’re a seasoned trader or just starting out, SurgeTrader promises an engaging platform where your trading acumen can truly shine. This introduction sets the stage for an in-depth exploration of SurgeTrader, a prop firm that’s not just about trading, but about empowering traders to reach new heights with their trading strategies.
SurgeTrader stands out as a prop trading firm that offers a blend of flexibility, opportunity, and support, designed to cater to the needs of a diverse range of traders. Its simplified audition process, wide range of tradable assets, and generous profit-sharing model make it an attractive option for traders looking to maximize their potential.
Key Features of SurgeTrader
- Simplified Audition Process: SurgeTrader’s one-step evaluation process is designed to fast-track your journey to becoming a funded trader, making it significantly more straightforward than many of its competitors.
- No Minimum Trading Days: Achieve your profit targets at your own pace without the pressure of meeting a minimum number of trading days, offering unparalleled flexibility.
- Wide Range of Tradable Assets: From forex and cryptocurrencies to oil, metals, and indices, SurgeTrader supports a diverse array of assets, allowing traders to diversify their strategies.
- Advanced Trading Technology: Access to cutting-edge trading platforms like MetaTrader 4 and Sterling Trader, ensuring a seamless and efficient trading experience.
- Comprehensive Educational Resources: SurgeTrader provides a wealth of educational materials and resources, catering to both new and experienced traders looking to enhance their trading skills.
- Responsive Customer Support: Known for its efficient customer service, SurgeTrader ensures traders have the support they need for a smooth trading experience.
Pros and Cons of SurgeTrader
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8. Earn2Trade
Earn2Trade is a proprietary trading firm that specializes in educating and evaluating futures traders, offering them a pathway to trade with firm capital upon successful completion of their programs. The platform is designed to cater to individuals aiming to become professional traders by providing them with educational resources, practical trading simulations, and a supportive community.
With a focus on futures trading, Earn2Trade presents a structured approach to trading education through its Trader Career Path and Gauntlet Mini examinations, which are rigorous and may not be suitable for those with limited trading experience or those interested in other markets like Forex.
Earn2Trade’s educational offerings are backed by instructors who are professionals in derivatives trading, having passed tests at the National Futures Association. The company has been operating for over five years and provides clients with the opportunity to manage accounts ranging from $25,000 to $200,000 after an initial deposit. The firm emphasizes the importance of risk management, as futures trading involves substantial risk and the potential to lose more than the initial investment.
Key Features of Earn2Trade
- Comprehensive Educational Resources: Offers a wide array of learning materials, including webinars, blogs, and a Beginner Crash Course, catering to both new and experienced traders.
- Trader Career Path: A structured program that guides traders from a virtual funded account to potentially managing portfolios as large as $400,000, offering a clear progression ladder.
- Practical Trading Simulations: Features realistic trading simulations through programs like the Gauntlet Mini, allowing traders to apply their knowledge in a risk-free environment.
- Community Engagement: Maintains active forums and webinar sessions, fostering a supportive trading community for continuous learning and exchange of strategies.
- High User Ratings: Earn2Trade enjoys positive feedback and high ratings from users, particularly for its customer support and educational content.
Pros and Cons of Earn2Trade
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9. Lux Trading Firm
Lux Trading Firm, a London-based proprietary trading firm that has garnered a reputation for empowering traders to reach new heights. With a philosophy rooted in nurturing talent and providing substantial trading capital, Lux Trading Firm has emerged as a beacon for those seeking to scale their strategies and unlock their full potential.
What sets Lux Trading Firm apart is its unwavering commitment to fostering a symbiotic relationship between the firm and its traders. By offering generous profit splits, diverse trading instruments, and a robust scaling plan, Lux Trading Firm incentivizes traders to push the boundaries of their capabilities.
Moreover, the firm’s educational resources, including daily workshops, market analysis, and personalized mentorship, ensure that traders are equipped with the tools and knowledge to navigate the intricate world of forex trading with confidence.
Lux Trading Firm’s approach extends beyond mere financial gain, cultivating an environment where traders can thrive, learn, and grow. With a focus on transparency, risk management, and a commitment to trader success, Lux Trading Firm stands as a beacon for those seeking a partner in their trading journey, one that understands the nuances of the market and the importance of nurturing talent.
Key Features of Lux Trading Firm
- Generous Profit Split: Lux Trading Firm offers a 75% profit split to traders, ensuring they reap the rewards of their successful trades.
- Diverse Trading Instruments: Trade Forex, indices, metals, energies, stocks, ETFs, and cryptocurrencies across various platforms.
- No Time Limit on Profit Targets: Traders can take the time they need to reach profit targets without the pressure of a ticking clock.
- Multiple Trading Platforms: Choose from MT5, Lux Trader, and other platforms linked directly to liquidity providers.
- Robust Scaling Plan: Traders can grow their accounts up to $10 million, with each 10% profit leading to a doubling of the account size.
- Educational Support: Access to daily workshops, market analysis, and a personal mentor to enhance trading skills.
- Responsive Customer Service: Quick and attentive service, with a high rate of replies to negative reviews.
Pros and Cons of Lux Trading Firm
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10. My Forex Funds
My Forex Funds is a platform that has quickly garnered attention for its innovative approach to empowering traders. With a focus on providing immediate funding options, a generous profit-sharing structure, and a commitment to trader success, My Forex Funds stands out as a beacon for those looking to elevate their trading journey.
Whether you’re just starting out or looking to expand your trading capabilities, My Forex Funds offers a unique blend of opportunities designed to match your trading expertise with their capital. Let’s dive into what makes My Forex Funds a noteworthy option for traders seeking to maximize their potential in the Forex market.
My Forex Funds offers a compelling proposition for traders looking to leverage a prop firm’s capital to enhance their trading opportunities. With its generous profit-sharing model, support for various trading strategies, and a wide range of financial instruments, it caters to a diverse audience of traders.
However, potential clients should carefully consider the platform’s recent regulatory challenges and mixed user feedback. As with any trading endeavor, it’s crucial to weigh the benefits against the risks and conduct thorough research before committing to a partnership with a prop trading firm.
Key Features of My Forex Funds
- Diverse Trading Instruments: Offers a wide range of financial instruments including Forex, metals, crypto, CFDs, and indexes, catering to various trading preferences.
- Flexible Leverage Options: Leverage up to 1:500 for basic currency pairs, allowing traders to amplify their trading positions.
- Profit Sharing: Traders can earn up to 85% of the profit from their transactions, providing a substantial incentive for successful trading.
- No Trading Restrictions: Supports various trading strategies including scalping, swing trading, and holding trades over weekends, giving traders the freedom to employ their preferred tactics.
- Multiple Withdrawal Methods: Offers several withdrawal options, including cryptocurrency, facilitating easy access to funds.
- 24/7 Support: Provides round-the-clock technical support and a live chat feature on the website, ensuring traders have assistance whenever needed.
- Educational Resources: Although primarily aimed at experienced traders, the platform’s blog and interviews section offer valuable insights and tips.
Pros and Cons of My Forex Funds
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11. City Traders Imperium
City Traders Imperium (CTI) is a London-based proprietary trading firm that has been empowering traders since its establishment in 2018. Founded with a commitment to integrity, long-term success, and fostering a skilled trading community, CTI offers a supportive environment that is conducive to both novice and experienced traders. The firm provides educational resources, user-friendly trading platforms, and flexible trading conditions that allow traders to use their own styles, including holding trades overnight and on weekends.
CTI offers various funded trader programs with no time limits, instant funding, and no daily drawdown restrictions, catering to different trading styles and goals. Traders can choose from account sizes ranging from $4,000 to $2,000,000, with profit targets and profit shares that scale with account size. The firm also introduces the concept of a monthly salary for dedicated traders, emphasizing their commitment to rewarding consistent profitability.
The firm’s culture is built on collaboration, teamwork, and adaptability, with a focus on mutual growth and achievement within the trading community. CTI’s Discord community serves as an educational hub where traders can exchange strategies and insights. The firm values feedback from its community, which it uses to refine its offerings and align them with traders’ needs.
Key Features of City Traders Imperium
- Established in 2018: A relatively new but rapidly growing prop firm.
- Comprehensive Educational Resources: Offers trading courses and webinars.
- Profit Split Up to 100%: Traders can earn a significant share of the profits.
- Support for Various Trading Styles: Welcomes day traders, swing traders, and more.
- Instant Funding: Provides immediate access to trading capital
- Diverse Tradable Products: Includes Forex, indices, metals, commodities, and crypto.
- Expert Advisors (EAs) Supported: Allows the use of EAs for trade optimization.
- Safety and Security: Prioritizes the trust and security of its traders.
Pros and Cons of City Traders Imperium
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FAQs on Best Audacity Capital Alternatives
How do prop firms like Audacity Capital make money?
Prop firms typically earn from profit splits with traders and may charge fees for access to their programs.
Can I trade on weekends with a Forex prop firm?
Trading on weekends depends on the firm’s policy; some may allow it while others may not.
What is the typical profit split in a Forex prop firm?
Profit splits can range up to 90%, depending on the firm and the trader’s performance.
Are there any alternatives to Audacity Capital that offer instant funding?
Yes, some prop firms offer instant funding options to traders.
What trading platforms do Forex prop firms typically use?
Common platforms include MetaTrader 4, MetaTrader 5, and cTrader.
Do Forex prop firms allow all trading strategies?
Most prop firms support various strategies, but some may have restrictions.
What are the benefits of trading with a Forex prop firm?
Benefits include access to larger capital, professional platforms, low transaction costs, and growth potential.
What educational resources do Forex prop firms offer?
Many prop firms provide educational materials, webinars, and mentorship programs.
Can U.S. traders join Forex prop firms?
Yes, many prop firms accept traders from the United States.
Are there any risks involved in trading with a Forex prop firm?
Yes, trading involves risk, and prop firms often have specific rules and targets that traders must meet.
Ending Note
In the fast-paced arena of forex trading, finding the right proprietary trading firm can significantly impact your trading success. Audacity Capital is recognized as a leading option for traders seeking alternatives to manage substantial capital and leverage professional trading conditions.
Audacity Capital stands out for its straightforward evaluation process, offering up to a 75% profit split, and supporting various trading strategies without stringent restrictions. Among the best alternatives to Audacity Capital, The Funded Trader, Skilled Funded Traders, FTUK, FTMO, Topstep, Fidelcrest, SurgeTrader, Earn2Trade, Lux Trading Firm, My Forex Funds, and City Traders Imperium are notable.
For those exploring Audacity Capital alternatives, it’s essential to consider factors such as profit split, trading conditions, educational support, and platform accessibility. Each firm has its unique offerings, from higher profit splits and flexible trading strategies to comprehensive educational resources and supportive trading communities. Whether you’re a beginner or an experienced trader, selecting a firm that aligns with your trading style and goals is crucial for advancing your trading career.
