Audacity Capital Review – Scam or Legit? My Honest Take

If you’re looking for a reliable prop firm, you might have come across Audacity Capital.

But are they truly worth your money?

This prop trading review will help you find the answer:

Audacity Capital Unique Features Overview:

Aspect	Details
Funding Programs	– Ability Challenge (2-step evaluation) – Funded Trader Program – Flex Program – Pro Program
Account Sizes	$10,000 to $480,000 (scalable up to $2,000,000)
Profit Split	50-85% (starts at 75% for Ability Challenge)
Broker/Liquidity	Partners with Institutional Liquidity Providers
Trading Platforms	MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Tradable Instruments	Forex, Indices, Commodities
Leverage	Up to 1:100 (Ability Challenge), 1:30 (Funded Trader Program)
Online Reviews	4.7/5 stars on Trustpilot (based on ~1,000 reviews)
Years of Experience	Established in 2012 (11+ years)
Unique Features	– Account doubling after 10% profit target – No time restrictions on challenges – Flexible daily drawdown limit (10%)
Headquarters	London, UK

Pros

• Outstanding 4.6/5 Trustpilot rating
• Up to $500,000 in capital
• Ability Challenge Trading Period: Unlimited
• Ability Challenge profit share 75%–85%
• Flexible, time-free scaling
• Monday-Friday overnight holding allowed.
• Trade with a fixed drawdown of 10 and comprehensive guidance. Trade overnight.
• Achieving 10% profit doubles the amount and allows withdrawals. 

Cons

• There is no free trial.
• Weekend holding and new trade restrictions
• The Funded Trader Program has a 50% profit split and monthly platform fees. 

What is Audacity Capital?

Established in 2012, Audacity Capital is a privately held trading company that obtained official registration on January 28, 2014. With its main office in London, United Kingdom, the company provides traders with a unique opportunity to use up to $2,000,000 in funds.

The company trades using a broker that replicates real market trading conditions, including tight spreads, and partners with a top-tier liquidity provider.

The primary goal of Audacity Capital is to enable traders to succeed in their career pursuits. The opportunity to deal with a sizeable sum of up to $2,000,000 is provided to traders, giving them the possibility to make larger gains.

Traders must successfully navigate Audacity Capital’s distinct three-step assessment phase or finish a two-step evaluation challenge to obtain money. This sets Audacity Capital apart from traditional proprietary corporate chores.

After fulfilling the requirements and finishing the evaluation procedure, traders qualify for significant rewards. The profit margins range from 50% to 85%, contingent on the funding scheme used. Audacity Capital’s unique approach is a prime example of its commitment to supporting and rewarding traders’ successes. 

Also check out: Elite Trader Funding Review

Audacity Capital Funding Programs and Challenges: Rules and Requirements

Audacity Capital offers traders a choice between two different funding programs, which include: 

• Funded Trader Program 
• Ability Challenge

Funded Trader Program account

First Stage

• Account Size: $15,000
• Lot Size: 0.5
• Drawdown: 10%
• Target: 10% Target- $1,500
• Tradable Assets: Forex
• Weekend Positions: Available on request
• News Events: No
• Time Restrictions: Not Applicable
• Minimum Trading Days: NIL

Second Stage

• Account Size: $30,000
• Lot Size: 1
• Drawdown: 10%
• Target: 10% Target- $3,000
• Tradable Assets: Forex
• Weekend Positions: Available on request
• News Events: No
• Time Restrictions: Not Applicable
• Minimum Trading Days: NIL

Third Stage

• Account Size: $60,000
• Lot Size: 2
• Drawdown: 10%
• Target: 10% Target- $6,000
• Tradable Assets: Forex, Indices & Commodities
• Weekend Positions: Available on request
• News Events: No
• Time Restrictions: Not Applicable
• Minimum Trading Days: NIL

Fourth Stage

• Account Size: $120,000
• Lot Size: 4
• Drawdown: 10%
• Target: 10% Target- $12,000
• Tradable Assets: Forex, Indices & Commodities
• Weekend Positions: Available on request
• News Events: No
• Time Restrictions: Not Applicable
• Minimum Trading Days: NIL

Fifth Stage

• Account Size: $240,000
• Lot Size: 8
• Drawdown: 10%
• Target: 10% Target- $24,000
• Tradable Assets: Forex, Indices & Commodities
• Weekend Positions: Available on request
• News Events: No
• Time Restrictions: Not Applicable
• Minimum Trading Days: NIL

Sixth Stage

• Account Size: $480,000
• Lot Size: 16
• Drawdown: 10%
• Target: 10% Target- $48,000
• Tradable Assets: Forex, Indices & Commodities
• Weekend Positions: Available on request
• News Events: No
• Time Restrictions: Not Applicable
• Minimum Trading Days: NIL

A unique opportunity is presented by Audacity Capital’s sponsored trader program, which is available to traders. Through the program’s three-step evaluation process, participants can actively engage in trading at a 1:5 leverage ratio.

Some similar prop firms include Bespoke Funding Program and Traddoo.

To be eligible for the funded trader program, applicants must complete an extensive questionnaire that includes questions about their trading strategy and level of experience. Anyone who submits their application will move on to the next phase, which is a tailored interview.

Anyone who happens to be in London can choose to take part in a face-to-face interview on their trading floor. Nevertheless, a phone interview will be conducted to learn more about their trading experience if they are located outside of London.

The last phase of the funded trader program requires results to be distributed as soon as possible that is, within 24 hours of approval. A contract will be sent out to complete the documentation after it has been authorized.

Everyone will receive their account credentials at the same time, have money transferred to their trading account, and be ready to trade. They will have to pay a £298 one-time membership cost and a £99 monthly fee to start this process.

I will be given access to trade with a $15,000 account once I have finished all three processes, which include managing the necessary paperwork and paying the associated costs. As long as I follow the guideline of not taking on more than a 10% loss, I have the benefit of no restrictions on the minimum or maximum number of trades I may make on a given day.

I can withdraw profits after reaching the 10% profit target, and they will be split equally, with 50% going to the funded account’s earnings. This all-inclusive approach gives me a unique framework to participate in trading, manage risk, and achieve success.

Funded Trader Program Account Scaling Plan

The scaling plan is included in the funded trader program account. Everyone must reach a level of profitability that enables them to withdraw their share of the profits and double their account balance to meet the 10% profit target. 

First Stage

• Account Size: $15,000

Second Stage

• Account Size: $30,000

Third Stage

• Account Size: $60,000

Fourth Stage

• Account Size: $120,000

Fifth Stage

• Account Size: $240,000

Sixth Stage

• Account Size: $480,000

The trading instruments utilized in the sponsored trader program are FX pairs. After an individual’s account balance reaches $120,000, they will be able to request permission to trade indexes and commodities.

Also read: Earn2Trade Review

Rules for Funded Trader Program Accounts

1. Profit Target: A fixed percentage of profit that traders must hit to go on to the evaluation stage, take profits out of their accounts, or increase the size of their accounts. For traders to be eligible for scaling and withdrawal requests, they must all meet the 10% profit threshold.
2. Maximum Loss: This is the maximum allowable loss that a trader may incur without violating the terms of their account. With a maximum potential loss cap of 10%, effective risk management is ensured within predefined bounds.
3. Lot Size Limit: For certain trading instruments, traders are required to adhere to pre-established lot sizes. The beginning account balance of the proprietary company account is frequently used to determine lot sizes.
4. No News Trading: Traders are not allowed to execute trades during times when there are significant news releases. strictly enforced to lower the dangers associated with erratic market conditions after significant news events.
5. No Weekend Holding: Traders are not permitted to keep open positions on weekends; this is a prohibition. Weekend holding is usually not permitted, however on request, exceptions may be granted. 

Ability Challenge Account

Challenge

• Period: Unlimited
• Minimum Trading Time: 4 Days
• Maximum Daily D.D: 7.5%
• Maximum Absolute D.D: 15%
• Target: 10%
• Profit Share: –

Verifications

• Period: Unlimited
• Minimum Trading Time: 4 Days
• Maximum Daily D.D: 5%
• Maximum Absolute D.D: 10%
• Target: 10%
• Profit Share: –

Live Account

• Period: Unlimited
• Minimum Trading Time: 4 Days
• Maximum Daily D.D: 5%
• Maximum Absolute D.D: 10%
• Target: 10%
• Profit Share: Upto 85%

The ability challenge account offered by Audacity Capital is intended to identify traders who exhibit reliable and methodical trading techniques. Based on their success throughout the two-phase evaluation period, these traders get awards. The ability to take on challenges provides the chance to trade at a 1:100 leverage ratio.

Account Size: $15,000

• Price: $129

Account Size: $30,000

• Price: $189

Account Size: $60,000

• Price: $339

Account Size: $120,000

• Price: $459

Account Size: $240,000

• Price: $779

Account Size: $480,000

• Price: $1,559

Traders must meet a profit target of 10% in the first section of the ability challenge without going over their maximum daily loss restriction of 7.5% or their maximum loss limit of 15%.

People who trade for at least four calendar days in a row and meet their profit target during an unrestricted trading session are eligible to move on to phase two on their ability challenge account.

Traders must reach a profit target of 10% in the second portion of the ability challenge without going over their daily loss cap of 5% or their overall loss cap of 10%. For clients’ ability to challenge accounts to get funded, they need to trade for a minimum of 4 calendar days in a row and make their profit target during an unrestricted trading session.

After finishing the ability challenge’s two stages, participants receive a funded account that is not dependent on them reaching any earnings goals. Their only responsibility is to follow the rules, which set a 10% ceiling on total losses and a 5% cap on daily losses.

Thirty days after I open my first position on my funded account, I will receive my first payment. To comply with the current requirements, I must trade with stable lot sizes for at least four consecutive calendar days. Seventy-five percent of the earnings I make on my financed account will go toward my profit allocation.

However, if I can turn a profit of at least 10% over a trading period of one month, my profit share will be increased to 85% for that specific trading month.

Ability challenge Account Scaling Plan

The capacity to dispute accounts has a scalability approach as well. Every three months, traders can add more funds to their accounts up to a $2,000,000 maximum.

To achieve this, the trader must make at least one payout and have a monthly profit of more than 2.5 percent.

For difficult accounts, trading goods includes indices, commodities, and currency pairs.

Ability Challenge Account Rules

Profit objective: A trader needs to hit this predefined profit target to grow the size of their account, extract earnings, or complete an evaluation period. Phase one profit targets are established at 10%, and phase two targets are set at 5%. Accounts that are funded lack predefined profit targets.

Maximum Daily Loss: This is the most money a trader can lose in a single day without going over the allotted amount on the account. 7.5% is the maximum daily loss restriction in phase one. It is lowered to 5% in phase two. Furthermore, their financed account has a daily maximum loss limit of 5%.

Maximum Loss: The highest loss a trader may sustain financially before an account breach. 10% in phase two, 15% in phase one, and 10% for their funded account are the maximum loss thresholds.

Minimum Trading Days: This is the smallest amount of time that they have to trade before they can complete an evaluation phase or withdraw money. A minimum of four trading days are needed for both the funded account and the ability challenge phases.

No News Trading: This is the prohibition placed on traders, which keeps them from trading during times when important news is released. Trading news is only allowed in the first two stages of the ability challenge.

Weekend holding: This is the rule that traders are not allowed to keep open positions on the weekends. Please be advised that arrangements for weekend holding may be made upon request. People can only hold onto their spots for the duration of the two ability challenge phases throughout the weekend.

The Consistency Rule requires traders to handle both gains and losses consistently, use efficient risk management techniques, and maintain consistent position sizes. It is implied that there shouldn’t be any appreciable differences in the characteristics of the account results.

NOTE: It is crucial to note that Audacity Capital has a dedicated website for both its Funded Trader Program, which entails a three-phase review, and its Ability Challenge, which entails a two-step challenge. 

Audacity Capital Broker: Do They Use a Reliable Platform? 

It’s critical to consider the viability of a proprietary trading firm’s trading requirements when evaluating it to fit the forex trading style. For a well-funded account, a company may provide an attractive profit split percentage; nevertheless, this appeal vanishes if the corporation imposes low maximum drawdown percentages and significant monthly percentage increases. This drastically lowers the likelihood of success.

It is very possible to obtain funds through Audacity funds’s Funded Trader Program, especially for experienced traders. In an interview, just presenting the trading strategy and historical performance boosts the chances of getting funds and approval without running into extra problems.

Likewise, obtaining funds via the Ability Challenge is a viable prospect, given its conformity to industry norms. Along with restrictions that set the maximum allowable loss at levels higher than the average, the program includes profit targets that are thought to be within the average range (10% in Phase One and 5% in Phase Two) (Phase 1: maximum daily loss of 7.5% and maximum loss of 15%; Phase 2: maximum daily loss of 5% and maximum loss of 10%).

In light of these factors, Audacity Capital sticks out as a superb financing choice. Two distinct financing plans, each with realistic trading objectives and payment requirements, underscore Audacity Capital’s appeal as a top option for traders.

I don’t use mainstream broker brands for trading at Audacity Capital. Instead, I’ve partnered with a highly respected liquidity provider to create the most precise and realistic trading conditions available in the industry. This supplier also offers competitive spreads.

Audacity Capital Fees: How Much Do They Charge? 

Regarding trading platforms, one has the option to engage in trading activities using MetaTrader 4.

Trading Fees 

Assets

• Forex
  • Fee Terms: 5 USD/LOT
• Commodities
  • Fee Terms: 5 USD/LOT
• Indices
  • Fee Terms: 5 USD/LOT

Audacity Capital Proof of Payment:

Founded in 2012, Audacity Capital obtained its legal registration on January 28, 2014.

They interview successful traders on their YouTube channel, where payment proof is mostly displayed. 

Audacity Capital Customer Support: 

Audacity Capital is present on other social media platforms.

They possess a:

• Facebook page with 6.7 thousand followers and 6.2K likes. 

• 2,794 people are following this Twitter account.
• a LinkedIn page with a sizable 4,332 follower count and 200–500 staff members employed by the company.  

• The account on Instagram has 10,600 followers.
• The YouTube channel has 778 videos uploaded to it and 6.19K subscribers. 

• FAQs

A Frequently Asked Questions (FAQ) page from Audacity Capital might have the answers you’re looking for.

You can get in touch with the support team by using their social media accounts, or you can send them an inquiry right away by using the link provided to submit an inquiry on their official website.

People can use email to get in direct contact with them at [email protected].

If you would like to speak with them over the phone, you can reach them at +44 20 8050 1985.

What Makes Audacity Capital Unique? 

Audacity Capital sets itself apart from other well-known private companies by providing two different funding options: the Ability Challenge account and the Funded Trader Program. Their rules are purposefully designed to be simple to comprehend and have few barriers for dealers to overcome.

Audacity Capital sets itself apart from conventional proprietary trading companies with its unique Funded Trader Program. A crucial interview is conducted as part of this program’s three-step assessment process to determine whether the trader is qualified to manage the company’s capital.

With a 10% profit target set by the program, traders can request withdrawals and potentially treble their account balances.

The Audacity Capital Ability Challenge is a two-phase comprehensive evaluation program. To be eligible for payments, each phase must be completed. Ten percent is the profit target for the first phase. Some restrictions cap daily losses at seven percent and cap overall losses at fifteen percent.

The second phase follows a profit target of 5%, with a daily maximum limit of 5% and a maximum loss limit of 10%. To be eligible for funding, traders must take part in at least four straight trading days at each level.

The Ability Challenge is comparable to other leading proprietary businesses due to its scalable approach, which establishes profit targets and minimum trading days by the market. 

Audacity Capital Reviews: What Do Their Customers Say?

Trustpilot: 

Based on 1,313 customer reviews, Audacity Capital has a rating of 4.5 out of 5 stars on Trustpilot. They have received Trustpilot company verification. The business is doing well on this platform.

#1. Since 2021, I have been trading with Audacity, and they have never let me down.

While there are undoubtedly areas for improvement (such as the dashboard and website), they excel in important areas (such as profit sharing and openness).

#2. Utilizing Audacity for the past two weeks.

Overall, it’s a fantastic firm. Live chat moves quickly. Trade execution happens considerably more quickly. In my opinion, the pricing is a little bit more than that of other companies. Auda ought to join the Facebook community and lunch Discord.

All in all, good firm. 

#3. Your time is running out, you shady characters, so you better be ready because I’m bringing the heat. Their deals are all void. I waited for an entire month, and they rejected my request. It was the longest cash-out delay I had ever experienced. I’m rolling echelons elites in the dough right now, and let me tell you, that risk? paid off with authority.

#4. Waste of time: after spending the entire day fiddling with this firm and funding my account, I discovered that they only provide a small range of pairs and that their trading philosophy is very much centered around what they want you to trade, not what you want to trade. Fortunately, as soon as I saw they weren’t being serious with me, they promptly returned my money. In the end, I joined their competition.

Conclusion

A reputable proprietary trading company, Audacity Capital allows traders to get live funding depending on their performance history. To operate with a capital of $15,000, traders must pay a one-time fee and a monthly platform cost after being approved and funded. The Ability Challenge and the Funded Trader Program are the two assessment tools used by the organization.

The Funded Trader Program comprises an interview as part of a three-step review procedure to determine whether the trader is qualified to manage the capital of the company.

The 10% profit target is fixed, and traders can request withdrawals, which might triple their accounts and allow them to reach a $480,000 limit.

To be eligible for funding and profit splits, traders must complete the two phases of the Ability Challenge evaluation procedure. In the first phase, traders have a 10% profit target to hit, and in the second phase, a 5% profit target.

Trade participants might earn profit splits ranging from 75% to 85% by taking part in assessment programs. They can also expand the amount in their accounts, with a $2,000,000 maximum balance being possible.

In conclusion, Audacity Capital is a respectable, established proprietary company with clear and minimal limitations. It is recommended for anyone seeking a variety of services and is among the best proprietary trading firms in the industry.