Think your trading dreams are too big? Audacity Capital Review laughs in the face of doubt. 😏 This UK prop firm fuels traders with high capital!

With a decade of excellence funding over $2.4 billion in volume, Audacity Capital has hit the big time! Its rocket-like scaling program sends funded accounts soaring to $480,000

Yet for all its institutional-grade power, Audacity Capital nurtures budding talent too. New traders can prove themselves and secure funding through evaluation programs!

This prop firm turns dreams into reality – if you dare to dream big!

Excited to know more?! Join me as I dissect the Audacity Capital prop firm! A comprehensive review that includes the funding programs, brokers, ratings and reviews and so much more!

Audacity Capital Review | Unveiled

Something about their websites makes me think, they’re journal lovers like me, or maybe notπŸ₯΄ Anyway! Let’s dive into this review!

Audacity Capital is a leading online forex prop trading firm founded in 2012 and headquartered in London, UK. With over a decade of experience funding traders globally, Audacity Capital empowers traders by providing capital to maximize their potential.

As one of the most well-established prop firms in the industry, Audacity Capital has funded over $2.4 billion in trading volume with an average monthly payout of $2.8 million to its traders. The company offers funding up to $480,000 in capital with 1:100 leverage and a generous up to 85% profit split.

With a presence in over 140 countries, Audacity Capital aims to develop long-term mutually beneficial partnerships with talented traders. The company provides a superior trading infrastructure through its partnership with an institutional liquidity provider, ensuring tight spreads and fast execution.

Key InformationDetails
CEOKarim Yousafi
Key featuresEducation and Support, Trading Infrastructure, Account Progression, and Mobile Social App
Brokerinstitutional liquidity provider
Trading PlatformMetaTrader4 and MetaTrader5
Payout Split85%
First Payout30 days
Subsequent PayoutsFlexible 
Daily DrawdownDifferent for different funding programs
HeadquartersEngland, United Kingdom
Expert AdvisorsAllowed
Max Funding$480,000
Funding ProgramsThe Ability Challenge, Funded Trader Program, Flex Trader Program, and Pro Trader Program
Leverage1:100
Weekend HoldingAllowed
ContactCall on +44 20 8050 1985 or email us: support@audacitycapital.co.uk.

Audacity Capital Key Features

Key features of Audacity Capital are as follows:

  • Education and Support: Audacity Capital provides educational resources, daily webinars, and 24/7 support. It aims to help traders succeed through community and networking.
  • Trading Infrastructure: Audacity Capital has a partnership with an institutional liquidity provider to ensure tight spreads and fast execution, and it uses the trusted MetaTrader 4 platform initially.
  • Account Progression: Accounts can scale quickly as traders hit 10% profit targets. Also, it has access to more assets like indices and commodities unlocked at higher levels.
  • Mobile Social App: One of the key features also allows traders to network and engage with others which is useful for sharing ideas and analyses.

Audacity Capital Pros and Cons

Pros

  • Low spreads and fast execution
  • No minimum trading days
  • Generous profit split
  • Large capital allocation

Cons

  • Only forex trading initially
  • No transparency with respect to the brokerage

How to Sign Up for Audacity Capital? Step-by-Step Guide

This is a step-by-step guide on how to sign up for Audacity Capital's Funded Forex Trader Program:

  • Step 1: Go to Audacity Capital's website (www.audacitycapital.co.uk) and click on “Get Funded” at the top right.
  • Step 2: On the next page, click on “View All Funding Programs“. This will show you the available funding options.
  • Step 3: Choose your preferred program. Read the details of each to decide which fits you best.
  • Step 4: Click “Apply Now” or “More About” to start the application process.
  • Step 5: Fill out the online registration form with your trading experience details. This takes about 3 minutes.
  • Step 6: Attend a phone or in-person interview so Audacity Capital can evaluate your trading strategy and skills.
  • Step 7: Within 24 hours, you'll receive a decision on whether you are accepted into the program.
  • Step 8: If approved, sign the contract sent via email and pay the one-time fee to secure your place.
  • Step 9: Once payment is received, Audacity Capital sends your login details to access the funded trading account.
  • Step 10: You can now start trading on the account. Be sure to follow risk rules to meet targets and unlock higher funding tiers.

Audacity Capital Funding Programs

The Audacity Capital offers four funding options: The Ability Challenge, Funded Trader Program, Flex Trader Program, and Pro Trader Program.

1. The Ability Challenge

The Ability Challenge is a two-phase evaluation process suited for new or less experienced traders to prove themselves. There is a 30-day challenge phase followed by a 60-day verification phase where traders must meet specific profit targets and adhere to risk limits. Those who succeed receive funding up to $120,000 and a favorable 75/25 profit split with the company.

Account SizePrice
$10,000$129
$15,000$189
$30,000$339
$60,000$459
$120,000$779
$240,000$1,559

Ability Challenge Scaling Plan

Traders in the Ability Challenge can qualify for account size increases if they demonstrate consistent profitability. Specifically, if a trader generates positive returns of at least 2.5% per month over a 3-month period AND makes one successful withdrawal in that timeframe, they become eligible for a 100% account balance increase.

In other words, by compounding steady monthly returns of 2.5% or more for 3 consecutive months while taking out profits at least once, traders unlock the next funding tier. This account doubling allows them to scale up as they prove their skills in the Ability Challenge evaluation program.

2. Funded Trader Program

Funded Trader Program provides instant funding up to $480,000 to experienced, profitable traders after a brief interview process. Traders receive a 50/50 profit split with Audacity Capital and there is no trading challenge or verification required.

Funded Trader Scaling Plan

The Funded Trader Program account starts with $15,000 in funding and a maximum lot size of 0.5. Traders can progress through the scaling plan by hitting incremental profit targets. Specifically, they must achieve 10% profit growth to move up each tier. So if a trader grows the initial $15,000 account balance to $16,500, they unlock the next level.

Upon hitting each new target, the account balance doubles – so in the example, reaching $16,500 would result in capital increasing from $15,000 to $30,000. In addition, the drawdown limit allowed also rises by 25% alongside each balance increase. So if the initial maximum loss was $1,500, at the next tier it would go up to $1,875.

This pattern continues as traders scale their accounts higher through consistent profitability. Each further 10% profit target triggers a fresh capital increase of 100% the preceding level (e.g. $30k to $60k) paired with a 25% jump in drawdown allowance. Using this model, traders could grow accounts exponentially to as high as $1.5 million in funding.

Audacity Capital's scaling progression incentivizes traders to compound returns over time. Meeting profit targets unlocks more trading capital and proportional expansion of risk limits. This allows funded traders to rapidly scale their accounts as they demonstrate consistent profitable performance.

3. Flex Trader Program

The Flex Trader Program offers experienced traders similar instant funding and profit split as the Funded Trader program but with more flexibility to customize parameters like higher risk limits and access to more trading assets.

Flex Trader Scaling Program

The Flex Program provides experienced traders with an initial $15,000 account balance. To progress to higher funding tiers, traders must achieve set profit targets. Specifically, a 20% return unlocks the next level – for example, growing the starting $15,000 balance to $18,000.

Upon hitting each incremental profit target, the account balance doubles. So in the example, the $15,000 account would scale up to $30,000 after the 20% growth target is reached. Alongside this capital increase, the maximum lot size allowed also doubles at each new tier, starting from 1 lot initially.

Additionally, the drawdown limit is set at 20% of the account balance at any given time. This means the maximum loss allowed is dynamic – always 20% of the current tier balance. So at $30,000, the max drawdown would be $6,000.

Right from the initial stage, the Flex Program allows trading in forex, indices, and commodities. Using this exponential scaling progression, traders could grow accounts up to $1.92 million in funding as they demonstrate steady profitability.

In essence, the Flex Trader scaling plan incentivizes consistent returns by granting exponentially more capital and proportional expansion of risk allowances upon hitting incremental profit targets.

4. Pro Trader Program

Pro Trader Program provides seasoned traders instant access to six-figure account funding from the start, bypassing any verification requirements. This exclusive program is targeted at professional traders who can handle tighter risk management rules.

Pro Trader Scaling Plan

The Pro Trader Program provides instant access to sizeable six-figure funding between $100,000 to $480,000 for seasoned professionals who have a proven track record of profitable trading. Given the higher account balances from the start, the program has tighter risk management rules compared to Audacity's other options.

Experienced traders bypass any demo or evaluation phases and immediately begin actively managing their funded accounts. To progress to higher tiers, traders must achieve set profit targets – specifically 20% account growth milestones. Meeting these incremental profit goals doubles the account balance each time.

For example, a trader who starts with $200,000 funding and grows that to $240,000 would trigger the next level of $400,000 in trading capital. The maximum risk allowance is also dynamic – set at 10% of the current tier's balance.

Hitting key profit milestones results in exponential account scaling. Qualified traders could rapidly compound accounts up to the maximum $480,000 funding allotment as they continue demonstrating expert-level trading consistency.

Audacity Capital Payouts

Audacity Capital offers traders the ability to withdraw profits on a regular basis across all of its funding programs. Payouts vary from 50%- to 75% and are issued quickly thanks to their proprietary portal which allows near-instant processing. 

For the Funded Trader and Flex Trader programs, traders can request daily, weekly, bi-weekly, or monthly profit withdrawals. As long as open trade risk is covered, there are no restrictions on the frequency or amount of profit payouts. These flexible options ensure traders have access to their earnings when needed.

The Ability Challenge program has a minimum 3-month term, so payouts align with this timeline. Traders must make at least one withdrawal every 3 months to be eligible for potential account size increases. Payouts are still processed rapidly though – within 24 hours during weekdays.

Across all programs, Audacity Capital issues trader profits directly to their bank account or e-wallet. Their dedicated support team and custom portal make submissions effortless. Payouts hit trader accounts typically in 1-3 business days.

Audacity Capital offers traders in its funding programs flexible and frequent access to their profits. Their streamlined payout system combined with strong liquidity ensures traders can withdraw money hassle-free. This allows them to realize earnings rapidly from funded accounts.

Does Audacity Capital Partner With a Legit Broker?

Legit Broker? Let’s seeπŸ€”

Audacity Capital does not disclose the specific broker it utilizes for trade execution. Rather than using a traditional retail forex broker, Audacity Capital states that they partner with an unnamed “institutional liquidity provider” to offer traders tight spreads and fast execution. 

But, what is this “institutional liquidity provider”?

Institutional liquidity providers act as market makers or intermediaries between buyers and sellers across different markets like equities, derivatives, forex, etc. Liquidity providers may include banks, hedge funds, trading firms, or other capital markets institutions that trade on a principal basis using their own capital.

While Audacity Capital does not reveal its liquidity provider publicly, some online forums speculate that they may route trades through an entity called “Hermes Market.” However, there is very little verifiable information available about Hermes Market or its services. The lack of transparency from Audacity Capital regarding the exact brokerage is an area of concern that potential traders have pointed out.

Why Should You Choose Audacity Capital over Other Prop Firms?

While there may be some concerns around the brokerage part, there are still many upsides of this prop firm! Take a look:

1. Generous funding and scaling opportunities:

Audacity Capital offers funding up to $480,000 to start which is almost half a million! With the ability to rapidly scale accounts higher through their structured progression plan. Each profit target met leads to a doubling of capital! This incentive allows traders to exponentially grow accounts as they demonstrate consistent profitability.

2. Multiple program options to match experience levels: 

Beginner πŸ˜‡ or an experienced trader πŸ’ͺ?! Audacity Capital caters to traders at all skill levels with choices like the Funded Trader program for experienced traders or the Ability Challenge for new traders to prove themselves. This versatility makes their offering accessible to a wider audience.

3. Ongoing education and support:

From daily webinars to one-on-one mentorship options, Audacity Capital emphasizes continued learning. Their tools aim to develop the talents of tomorrow's trading superstars! ⭐Hello, future superstar of the prop firms!

FeaturesAudacity CapitalFunderProFunding PipsE8 Funding
Trustpilot Rating4.6/54.4/54.3/54.8/5
Max Funding480,000$200,000$400,000$100,000
Profit SplitUpto 85%Upto 90%Upto 80%Upto 80%
Trading InstrumentForex, Currencies, Indices, CommoditiesForex, Commodities, Indices, and CryptocurrenciesForex, Commodities, Indices, and CryptocurrenciesForex, commodities, indices, and equities
Platforms and ToolsMetaTrader4 and MetatRader5TradeLockerMetaTrader4 and MetaTrader5MetaTrader 5

Audacity Capital Ratings and Reviews on Trustpilot

Audacity Capital rates a whopping 4.6/5 on Trustpilot! Great number! Are you curious to know what people have to say about this prop firm?! Let’s dive right into it!

Review 1: This user says Audacity is the β€œbest prop firm” that he has traded with! Now, that’s a flattering compliment!

Review 2: This client talks about the long experience Audacity has in the world of prop trading firms! That’s another reason why you should opt for audacity, isn’t it?

Review 3: This particular client has been working with them for the past year! According to his experience, Audacity has been very helpful, and they’ve been there for him!

Audacity Capital LOGO

Wrapping Up

So, what do you think about Audacity Capital? Wait 😠, first I’ll tell you what I thinkπŸ₯°

For ambitious traders hungry to unlock their true potential, Audacity Capital offers the ultimate springboard to success. Their proven funding programs provide the rocket fuel to ignite your profitability into the stratosphere.

The key ingredients have been assembled – cutting-edge technology, invaluable education, and a thriving community. Now the final step falls on driven individuals willing to seize the opportunity before them.

Audacity Capital brings together the financial markets' most talented minds under one banner, providing strength in numbers on the path to victory. 

So why wait on the sidelines? Step into the arena and realize your dreams today!

FAQs Audacity Capital Review

Is there a challenge or test traders must pass to get funded?

Yes, the Ability Challenge has a 2-phase evaluation requiring profit targets and risk rules to 0. be met. The Funded Trader Program has no test.

What is the maximum drawdown or loss allowed?

Drawdown limits start at 10% of the account balance and increase by 25% at each new funding tier.

How long is the contract period for funded accounts?

There is no minimum contract period. Traders can withdraw daily profits as long as open trade risk is covered.

Can traders use EAs and hold trades over weekends?

Yes, the use of EAs is permitted. Holding trades over weekends is allowed.

What trading platform does Audacity Capital use?

Funded traders access markets via the popular MetaTrader 4 platform.

Is Audacity Capital regulated?

No, as a prop firm Audacity Capital does not require direct regulation. However, their liquidity providers are regulated entities.

How can I get in touch with Audacity Capital's support team?

Contact options include phone, email, social media, and an online chat portal available during business hours.

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