Audacity Capital Review (10% Discount Code: FOREXPROPREVIEWS)
4.0

Audacity Capital Review (10% Discount Code: FOREXPROPREVIEWS)

The prop firm has earned several awards, including the International Investor Award Winner 2020, and has been seen on a variety of media such as the Daily Mail and The Europe Financial Review. They provide traders with funding by completing an interview and being accepted or by passing their evaluation challenge.
Home » Audacity Capital Review (10% Discount Code: FOREXPROPREVIEWS)
Pros
  • Excellent Trustpilot Rating of 4.6/5
  • Four Unique Funding Programs
  • Two Unique Assessment Management Funding Programs
  • Professional Trader Dashboard
  • A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices)
  • Leverage up to 1:100
  • No Maximum Trading Period
  • First Payout After 14 Calendar Days on Ability Challenge
  • Bi-weekly Payouts on Ability Challenge
  • Scaling Plan
  • Profit Share of 50% up to 85%
  • Overnight & Weekend Holding Allowed
  • News Trading Allowed
Cons
  • Minimum Trading Day Requirements of 4 Days on Ability Challenge
  • Minimum Trading Day Requirements of 5 Days on Funded Trader Program
  • Maximum Daily Equity-based Drawdown
  • Withdrawal Target of 10% on Funded Trader Program

Audacity Capital encourages its traders to succeed in their careers. They enable them to earn more profits by trading up to $2,000,000 in balance. To become funded, you have four options, an instant funding program, a two-step evaluation challenge, or two unique assessment processes, which include an interview with the company. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $240,000 and receive up to 85% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, and indices.

Who are Audacity Capital?

Audacity Capital is a proprietary trading firm with the legal name Audacity Global Limited that was incorporated in 2012, while the official incorporation took place on the 28th of January, 2014. They are located in London, UK, and are being managed by CEO Karim Yousfi. Audacity Capital provides traders with the opportunity to choose between four account types, a two-step evaluation, instant funding, and two unique assessment management programs while being partnered with a tier-1 liquidity provider with the best simulated real market trading conditions as their broker.

Audacity Capital’s headquarters are located at One Canada Square, Level 8 Office 8.05, London E14 5AA, England – United Kingdom.

Who is the CEO of Audacity Capital?

Karim Yousfi is the CEO of Audacity Capital. Note that we will be adding more information about their CEO in the future. Stay tuned!

Funding Program Options

Audacity Capital provides its traders with two industry-standard funding program options:

  • Ability Challenge
  • Funded Trader Program

Additionally, Audacity Capital also provides its traders with two unique Assessment Management funding program options:

Ability Challenge

Audacity Capital’s Ability Challenge account provides traders the opportunity to manage account sizes ranging from $10,000 up to $240,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Ability Challenge allows you to trade with up to 1:100 leverage.

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

Evaluation phase one requires a trader to reach a profit target of 10% while not surpassing their 7.5% maximum daily loss or 15% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to trade a minimum of four trading days in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase two. However, you are required to trade a minimum of four trading days in order to proceed to a funded account.

By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position and after you complete 4 active days on your funded account, while all other withdrawals can also be submitted bi-weekly. Your profit split will be 75% up to 85% based on the profit you make on your funded account.

Ability Challenge Scaling Plan

The Ability Challenge also has a scaling plan. If a trader is profitable in the last three months with a return of 2.5% during each month of the three-month period and at least one successful withdrawal, then you will become eligible for an account size double.

Ability Challenge Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 10%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 7.5% during phase one and a maximum daily loss of 5% during phase two and once funded.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 15% during phase one and a maximum daily loss of 10% during phase two and once funded.
  • Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. Both evaluation phases have a minimum trading day requirement of 4 days.

Funded Trader Program

Audacity Capital’s Funded Trader Program provides traders with the opportunity to manage account sizes ranging from $7,500 up to $60,000. The aim is to allow traders to skip the evaluation altogether and start earning from the start. The Funded Trader Program allows you to trade with up to 1:30 leverage.

Account sizePrice
$7,500$329
$15,000$649
$60,000$2,399

By purchasing the Funded Trader Program, you are awarded a funded account with a 10% minimum withdrawal requirement. You must also respect the 5% maximum daily and 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements. However, you are required to trade a minimum of five trading days, where three must be profitable in order to qualify for a withdrawal and scaling. Your first payout is when you manage to hit your 10% profit target, while all other withdrawals can also be submitted every time you manage to generate a profit of 10%. Your profit split will be 50% up to 80% based on the profit you make on your funded account.

Funded Trader Program Scaling Plan

The Funded Trader Program also has a scaling plan. If a trader manages to reach a 10% profit target, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits.

Account SizeStage 1Stage 2Stage 3Stage 4Stage 5Stage 6Stage 7Stage 8
$7,500$15,000$30,000$60,000$120,000$240,000$480,000$960,000$1,920,000
$15,000$30,000$60,000$120,000$240,000$480,000$960,000$1,920,000
$60,000$120,000$240,000$480,000$960,000$1,920,000

Example:

The profit target for the $60,000 funded account is 10%.

Week 1: Generate a profit of 4%.

Week 2: Generate a profit of 6%.

The total generated profit from the last two weeks is 10%, which makes the account eligible for a withdrawal and scaling since it has reached the required 10% profit target. Additionally, keep in mind that if you manage to reach the 10% profit target within 30 calendar days, you will be eligible for a profit split 10% higher than if you reach the profit target after the 30 calendar days. For example, if you reach a 10% profit target and qualify for a payout of 50% in 2 weeks, you will receive a profit split of 60% since it was achieved in less than 30 calendar days.

Funded Trader Program Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target is 10% for each withdrawal/scaling cycle.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%.
  • Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. Each withdrawal/scaling cycle has a minimum trading day requirement of 5 days, where three calendar days are required to be profitable.

What Makes Audacity Capital Different From Other Prop Firms?

Audacity Capital differs from most industry-leading prop firms due to offering two unique account types, a two-step evaluation and an instant funding program. In addition, they also provide numerous favorable features, such as an unlimited trading period, reduced minimum trading days, quarterly scaling, which doubles your initial account balance, and a profit split of up to 85% if certain criteria are met. Additionally, they also provide you with an opportunity to participate in two unique Assessment Management funding program options, the Flex Trader Program and the Pro Trader Program.

Audacity Capital’s Ability Challenge is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 10% in phase one and 5% in phase two, with a 7.5% maximum daily and 15% maximum loss rules in phase one and a 5% maximum daily and 10% maximum loss rules in phase two. You also have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 4 calendar days in each evaluation phase. The Ability Challenge also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Ability Challenge stands out mainly for having an unlimited trading period, reduced minimum trading days, quarterly scaling, which doubles your initial account balance, and a profit split of up to 85% if certain criteria are met.

Example of comparison between Audacity Capital & FundedNext

Trading ObjectivesAudacity CapitalFundedNext (Stellar)
Phase 1 Profit Target10%8%
Phase 2 Profit Target5%5%
Maximum Daily LossPhase 1: 7.5%
Phase 2/Funded: 5%
5%
Maximum LossPhase 1: 15%
Phase 2/Funded: 10%
10%
Minimum Trading Days4 Calendar Days5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split75% up to 85%80% up to 95%

Example of comparison between Audacity Capital & True Forex Funds

Trading ObjectivesAudacity CapitalTrue Forex Funds (Standard)
Phase 1 Profit Target10%8%
Phase 2 Profit Target5%5%
Maximum Daily LossPhase 1: 7.5%
Phase 2/Funded: 5%
5%
Maximum LossPhase 1: 15%
Phase 2/Funded: 10%
10%
Minimum Trading Days4 Calendar Days5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: 30 Calendar Days
Phase 2: 60 Calendar Days
Profit Split75% up to 85%80%

Example of comparison between Audacity Capital & E8 Markets

Trading ObjectivesAudacity CapitalE8 Markets
Phase 1 Profit Target10%8%
Phase 2 Profit Target5%4%
Maximum Daily LossPhase 1: 7.5%
Phase 2/Funded: 5%
4%
Maximum LossPhase 1: 15%
Phase 2/Funded: 10%
8% (Scaleable up to 14%)
Minimum Trading Days4 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split75% up to 85%80%

Audacity Capital’s Funded Trader Program is a direct funding account that allows traders to skip the evaluation altogether and start earning from the start. There is a 10% withdrawal requirement, with a 5% maximum daily and 10% maximum loss rules. You also have no maximum trading day requirements. However, you are required to trade for a minimum of 5 calendar days, where a minimum of three days must be profitable. Funded Trader Program also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Funded Trader Program stands out mainly for having an unlimited trading period, no evaluation phases, high drawdown limitations, and a profit split of up to 80%.

Example of comparison between Audacity CapitalFinotive Funding

Trading ObjectivesAudacity CapitalFinotive Funding (Standard)
Profit Target10% (Withdrawal + Scaling)
Maximum Daily Loss5%5%
Maximum Loss10%8%
Minimum Trading Days5 Calendar Days (3 Profitable)No Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split50% up to 80%55% up to 75%

Example of comparison between Audacity Capital & Funded Trading Plus

Trading ObjectivesAudacity CapitalFunded Trading Plus
Profit Target10% (Withdrawal + Scaling)
Maximum Daily Loss5%6%
Maximum Loss10%6% (Trailing)
Minimum Trading Days5 Calendar Days (3 Profitable)No Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split50% up to 80%80% up to 100%

Example of comparison between Audacity Capital & The5ers

Trading ObjectivesAudacity CapitalFunded Trading Plus
Profit Target10% (Withdrawal + Scaling)10%
Maximum Daily Loss5%3% (Daily Pause)
Maximum Loss10%6%
Minimum Trading Days5 Calendar Days (3 Profitable)No Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split50% up to 80%50% up to 100%

In conclusion, Audacity Capital differs from other industry-leading prop firms by offering two unique account types, a two-step evaluation and an instant funding program. In addition, they also provide numerous favorable features, such as an unlimited trading period, reduced minimum trading days, quarterly scaling, which doubles your initial account balance, and a profit split of up to 85% if certain criteria are met. Additionally, they also provide you with an opportunity to participate in two unique Assessment Management funding program options.

Is Getting Audacity Capital Capital Realistic?

It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.

  • Receiving capital from the Ability Challenge is realistic primarily due to its slightly above-average profit targets (10% in phase one and 5% in phase two) coupled with slightly above-average maximum loss rules (7.5% maximum daily and 15% maximum loss in phase one and 5% maximum daily and 10% maximum loss in phase two). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 4 calendar days. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 75% up to 85%.
  • Receiving capital from the Funded Trader Program is realistic primarily due to a 10% profit target requirement coupled with above-average maximum loss rules (5% maximum daily and 10% maximum loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 5 calendar days, where a minimum of three days must be profitable. Furthermore, upon successfully generating a profit, participants qualify for payouts featuring an advantageous profit split of 50% up to 80%.

After considering all the factors, Audacity Capital is highly recommended since you have two unique funding programs to choose from, which both feature realistic trading objectives and conditions for qualifying for payouts. Additionally, they also provide you with an opportunity to participate in two unique Assessment Management funding program options, which both feature realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

Audacity Capital is a proprietary trading firm that was incorporated on the 28th of January, 2014. They have a large community of traders who have reached funded status and successfully qualify for a profit split.

While working with Audacity Capital and reaching funded status with the Ability Challenge, you will be eligible to receive your first payout after 14 calendar days. Additionally, after your first payout, you will also be eligible to receive payouts if you exceed your initial account size every 14 calendar days. Your profit split will consist of a generous 75% up to 85% based on the profit that you have generated on your funded account.

However, while working with Audacity Capital and purchasing the Funded Trader Program, you will be eligible to receive your first payout after you manage to hit your 10% profit target and a minimum of 5 calendar days, where a minimum of three days must be profitable. However, after your first payout, you will be eligible to receive your payout and scale your funded account every time you secure a 10% profit. Your profit split will consist of a generous 50% up to 80% based on the profit that you generated on your Funded Trader Program account.

When it comes to Audacity Capital, you can find it on numerous websites. One example is Trustpilot, where their traders comment regarding their experience while working with the company as well as the process of how they successfully received payouts. Another source of payment proof for Audacity Capital is their YouTube channel, where you can find numerous interviews of the most successful traders.

Examples of successful Trader Interviews can be seen below.

Which Broker Does Audacity Capital Use?

Audacity Capital doesn’t trade with any of the common broker brands. They are partnered with a tier-1 liquidity provider with the best simulated real market trading conditions.

As for trading platforms, while you are working with Audacity Capital, they allow you to trade on MetaTrader 4 and MetaTrader 5.

Trading Instruments

As mentioned above, Audacity Capital is partnered with a tier-1 liquidity provider with the best simulated real market trading conditions, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, and indices with a leverage of up to 1:100, depending on the trading instrument that you are trading and the funding program that you are participating in.

Forex Pairs

AUD/CADAUD/CHFAUD/JPYAUD/NZDAUD/USDCAD/CHF
CAD/JPYCHF/JPYCHF/SGDEUR/AUDEUR/CADEUR/CHF
EUR/CNHEUR/CZKEUR/DKKEUR/GBPEUR/HKDEUR/HUF
EUR/JPYEUR/MXNEUR/NOKEUR/NZDEUR/PLNEUR/RON
EUR/RUBEUR/SEKEUR/SGDEUR/TRYEUR/USDEUR/ZAR
GBP/AUDGBP/CADGBP/CHFGBP/CZKGBP/DKKGBP/HKD
GBP/HUFGBP/JPYGBP/MXNGBP/NOKGBP/NZDGBP/PLN
GBP/SEKGBP/SGDGBP/TRYGBP/USDGBP/ZARNOK/JPY
NOK/SEKNZD/CADNZD/CHFNZD/JPYNZD/SGDNZD/USD
SEK/JPYSGD/JPYUSC/USDUSD/CADUSD/CHFUSD/CNH
USD/CZKUSD/DKKUSD/HKDUSD/ILSUSD/JPYUSD/MXN
USD/NOKUSD/PLNUSD/RONUSD/RUBUSD/SEKUSD/THB
USD/TRYUSD/ZARUSD/SGDUSD/HUF

Commodities

XAG/USDXAU/EURXAU/USDXNG/USDXAL/USD
XCU/USDXPB/USDXNI/USDXZN/USDXAG/AUD
XAU/AUDXAU/USDmXAG/USDm

Indices

UK100AUS200EUR50FCHIHSI
J225IND50CHA50SPN35GER30m
SPX500mTECH100mWS30m

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX 5 USD / LOT
COMMODITIES 5 USD / LOT
INDICES 5 USD / LOT

Spread Account

To check the live spreads, log in to the trading account below.

PlatformServerLogin NumberPasswordDownload Platform
MetaTrader 4AudaCity-LIVE74084931Q2veixkClick here
MetaTrader 5AudaCityGlobal-Live52304R@Sp2dRiClick here

Education

Audacity Capital provides its community with a detailed Guides section with educational content, such as the following four categories:

  • Best Forex Trading Tools in 2024
  • The Best Forex Currency Pairs to Trade
  • Best Forex Strategy for Consistent Profits
  • Forex Trading for Beginners

Additionally, Audacity Capital also provides all clients access to a professionally designed trader dashboard. This feature streamlines risk management by offering constant access to detailed statistics and objectives while ensuring real-time updates.

Trustpilot Feedback

Audacity Capital has gathered an excellent score on Trustpilot based on their community’s feedback.

On Trustpilot, Audacity Capital has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.6 out of 5 from a substantial pool of 1,233 reviews. Notably, 85% of these reviews have awarded Audacity Capital the highest rating of 5 stars.

The client expresses a positive view of Audacity Capital, describing it as a serious company with a dedicated team committed to helping traders achieve their goals. They convey confidence in Audacity Capital’s longevity and reliability, suggesting that the company is trustworthy and likely to endure in the long term.

The client shares a positive experience with Audacity Capital, noting the absence of trading problems. They highlight the convenience of holding positions over the weekend through a quick form submission. Efficient customer service is emphasized, with prompt responses to emails. The client celebrates reaching a 10% profit target, expressing satisfaction with the ease of submitting a profit withdrawal form while being informed about the processing schedule for the next working day.

Social Media Statistics

Audacity Capital can also be found on numerous social media platforms.

Facebook6,700 Followers & 6,200 Likes
Instagram19,100 Followers
LinkedIn4,496 Followers
Twitter7,223 Followers
YouTube6,270 Subscribers

Customer Support

Live Chat
Email[email protected]
Phone+44 20 8050 1985
Discord
Telegram
FAQ
Help CenterHelp Center Link
WhatsApp
Messenger
Supported LanguagesEnglish, Arabic, German, Spanish, French, Indonesian, Malay, Italian

Account Opening Process

  • Registration Form – Register with Audacity Capital through our affiliate link by filling out the registration form with your personal details and logging into the trading dashboard.
  • Choose Your Account – Choose your account type, trading platform, currency in which you will purchase the account, and account size.
  • Choose Your Payment Method – Choose between a credit/debit card, PayPal, and cryptocurrency payment methods.
  • Request Cashback – You simply register and purchase the challenge through our affiliate link. 30 calendar days after your purchase, you must send us a confirmation on our email: [email protected], and after we check and approve the confirmation that you bought the account through our affiliate link, we send you cashback through PayPal or BTC wallet.

Conclusion

In conclusion, Audacity Capital is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between two unique funding programs, the Ability Challenge, which is a two-step evaluation, and the Funded Trader Program, which is an instant funding program. Additionally, they also provide you with an opportunity to participate in two unique Assessment Management funding program options, the Flex Trader Program and the Pro Trader Program.

Audacity Capital’s Ability Challenge is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 75% up to 85% profit splits. Traders must reach profit targets of 10% in phase one and 5% in phase two to become successfully funded. These are realistic trading objectives, considering you have to follow a 7.5% maximum daily and 15% maximum loss rules in phase one and 5% maximum daily and 10% maximum loss rules in phase two. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 4 calendar days in each evaluation phase. Finally, it’s essential to note that the Ability Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.

Audacity Capital’s Funded Trader Program is a direct funding account that allows traders to skip the evaluation altogether and start earning 50% up to 80% profit splits from the start. Traders have a 10% profit target requirement, with a 5% maximum daily and 10% maximum loss rules, which are realistic trading objectives. Regarding time limitations, you have no maximum trading day requirements. However, you are required to trade for a minimum of 5 calendar days, where a minimum of three days must be profitable. Finally, it’s essential to note that the Funded Trader Program features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend Audacity Capital to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with favorable features, such as an unlimited trading period, reduced minimum trading days, quarterly scaling, which doubles your initial account balance (Ability Challenge), and a profit split of up to 85% if certain criteria are met. Additionally, they also provide you with an opportunity to participate in two unique Assessment Management funding program options. After considering everything Audacity Capital offers to traders all across the globe, they are indeed a desirable choice within the prop trading industry.

Our detailed review of Audacity Capital was last updated on 29.05.2024 at 07:21 (CE(S)T).

What are your individual opinions on Audacity Capital and the services they offer? Do they align with the trading conditions and services you’ve been seeking?

Let us know if you enjoyed our detailed Audacity Capital review by commenting below!

Audacity Capital Review (10% Discount Code: FOREXPROPREVIEWS) Details

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4.0
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