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AudaCity Capital’s trading rules exist to ensure that traders manage risk consistently and protect their accounts. These rules help maintain a stable trading environment and prevent excessive losses, which is key to long-term success. The Trading Funder team has researched extensively to make these rules and their implications easy to understand, aiming to simplify compliance and support traders’ overall performance.
AudaCity Capital offers different account types, each with its own set of rules designed to fit various trading styles and risk levels. The main accounts are the Ability Challenge and the Funded Trader Program.
AudaCity Capital has several trading rules across its programs. The Daily Loss Limit is 5% for funded accounts and up to 7.5% in the Ability Challenge, while the Maximum Drawdown is 10% for funded accounts and up to 15% in the challenge phase. Leverage is limited to 1:30 for the funded program and 1:100 for the Ability Challenge. The Consistency Rule requires steady trade sizes and durations. Traders in the Ability Challenge can hold trades over weekends and major news events, while hedging, high-frequency trading, and copy trading are restricted. Scaling plans double the account size upon hitting profit targets, but Expert Advisors (EAs) are not allowed.
The Funded Trader Program at AudaCity Capital offers instant funding, meaning traders don’t have to pass any test or challenge to start trading. Once enrolled, traders get immediate access to live capital, allowing them to trade right away under the program’s set rules.
AudaCity Capital’s payout and withdrawal rules allows traders to request withdrawals based on the profit-sharing agreement for their account. payouts are processed via bank transfer, PayPal, or cryptocurrency. Traders must meet consistency requirements, and no payouts occur if drawdown limits are breached. Withdrawals are generally fast, with support available for issues.
In this article, our Trading Funder team will provide an in-depth review of AudaCity Capital‘s rules and guidelines, covering evaluations, funded accounts, payouts, and withdrawal policies to help you make an informed decision.
What are the rules for AudaCity Capital’s Evaluation?
AudaCity Capital’s Evaluation rules set the conditions traders need to meet to qualify for a funded account. These rules include a Daily Loss Limit of 7.5% and a Maximum Drawdown of 15% in the Challenge phase (reduced to 5% and 10% in Verification). Leverage is set at 1:100. The Consistency Rule requires traders to maintain stable trade sizes and durations, and they can hold trades over weekends and major news events. Restricted strategies include hedging, copy trading, and high-frequency trading, and Expert Advisors (EAs) are not allowed.
The table below highlights the key rule details for AudaCity Capital’s two main plans, the Ability Challenge and the Funded Trader Program. Each rule varies depending on the program, covering aspects like daily loss limits, drawdowns, and trading flexibility.
| Feature | Ability Challenge (Evaluation Phases) | Funded Trader Program |
|---|---|---|
| Daily Loss Limit | 7.5% in Challenge; 5% in Verification | 5% |
| Maximum Drawdown | 15% in Challenge; 10% in Verification | 10% |
| Leverage Limit | 1:100 | 1:30 |
| Consistency Rule | Required; based on stable lot sizes and trade duration | Required; must trade consistently across 5 days |
| Holding Over Weekends | Allowed | Restricted to avoid major risks |
| Holding Over Major News | Allowed | Generally restricted |
| Hedging | Restricted | Restricted |
| Scaling Plan | Available, up to $2M upon consistent profits | Available, doubles with 10% profit |
| Use of EAs | Not allowed | Not allowed |
| Trading Style Restrictions | No scalping or high-frequency trading | No scalping or high-frequency trading |
| Copy Trading | Not allowed | Not allowed |
1- The Drawdown
AudaCity Capital’s drawdown rule sets a limit on how much a trader can lose from their starting or peak balance to manage risk effectively. This includes both a Daily Drawdown and a Maximum Drawdown. For example, in the Ability Challenge’s Challenge phase, a trader with a $100,000 account has a 7.5% daily drawdown limit, meaning they can’t lose more than $7,500 in a day. If they end a day with $95,000 and the new day begins, their drawdown resets based on the new balance or any new equity highs. If they reach the Maximum Drawdown of 15%, their account would close at a $15,000 loss, or $85,000.
| Account Type | Daily Drawdown | Maximum Drawdown |
|---|---|---|
| Ability Challenge | 7.5% (Challenge) 5% (Verification) | 15% (Challenge) 10% (Verification) |
| Funded Trader Program | 5% | 10% |
2- Leverage Limit
AudaCity Capital’s leverage limit controls the maximum trading power a trader has relative to their account size. In the Ability Challenge, leverage is set at 1:100, meaning a trader with a $10,000 balance can open positions up to $1,000,000 in value. This allows for larger trades but also higher risk. In the Funded Trader Program, leverage is capped at 1:30, giving a $10,000 account a maximum position size of $300,000, offering more controlled risk.
| Account Type | Leverage Limit |
|---|---|
| Ability Challenge | 1:100 |
| Funded Trader Program | 1:30 |
4- Consistency Rule
AudaCity Capital’s Consistency Rule ensures traders maintain steady trading behavior, focusing on similar trade sizes and durations. This rule prevents extreme variations that could signal risky strategies. For example, in the Funded Trader Program, a trader must trade consistently over a minimum of 5 days, with at least 3 profitable days. If a trader opens one large trade followed by several much smaller trades to meet minimum trading days, they would fail the consistency check. Consistency is reviewed by the risk team, and any major shifts in strategy or trade size might lead to additional evaluation or trading days.
5- Trading Hours
AudaCity Capital’s trading hours align with the global forex market schedule, generally open 24/5 from Monday to Friday. Positions can be opened and closed anytime during these hours, but trades held over weekends or major news events are subject to specific rules, depending on the account type. For example, Ability Challenge accounts allow holding trades over weekends, while Funded Trader Program accounts usually restrict it to reduce risk. Trading hours may also adjust slightly due to daylight saving time changes.
6- Allowed Instruments
AudaCity Capital allows trading on Forex pairs, Metals, and Indices across its programs. This includes major and minor currency pairs, popular metals like gold and silver, and a range of global indices. Traders must stick to these specified instruments; trading any asset outside this list would breach account rules and risk account closure.
What are the objectives of AudaCity Capital’s evaluation?
AudaCity Capital’s evaluation aims to check a trader’s ability to hit profit goals, stay consistent, and keep discipline before moving to a funded account. In the Ability Challenge, traders need to reach a 10% profit target in the Challenge phase and 5% in Verification. Traders also need to show consistency by keeping trade sizes steady and meeting minimum trading days. There’s no time limit to hit these targets, so traders can take the time they need.
1- profit target
AudaCity Capital’s profit targets are set to check if traders can reach specific returns before moving on to funded accounts. In the Ability Challenge, the Challenge phase has a 10% profit target, and the Verification phase requires a 5% profit. The Funded Trader Program doesn’t have a fixed target but encourages steady, profitable trading over time.
| Account Type | Phase | Profit Target |
|---|---|---|
| Ability Challenge | Challenge | 10% |
| Verification | 5% | |
| Funded Trader Program | N/A | No fixed target |
2- Consistency and Discipline
For the Ability Challenge, traders need to show consistency by keeping similar trade sizes and durations, and meeting the minimum trading days required for each phase. In the Funded Trader Program, traders must trade for at least 5 days with at least 3 profitable days to show they can handle regular, disciplined trading over time. This focus on consistency helps avoid high-risk trading and keeps performance steady.
what are AudaCity Capital’s Funded Accounts rules?
AudaCity Capital’s Funded Accounts rules outline how traders manage live accounts:
- Daily Loss Limit: 5%
- Maximum Drawdown: 10%
- Leverage Limit: 1:30
- Consistency Rule: Requires steady trade sizes, at least 5 trading days, and 3 profitable days
- Holding Over Weekends: Not allowed
- Holding Over Major News Events: Not allowed
- Hedging: Restricted
- Scaling Plan: Account doubles after reaching a 10% profit
- Expert Advisors (EAs): Not allowed
- Trading Style Restrictions: No high-frequency trading or copy trading
The table below outlines the rules for AudaCity Capital’s Funded Trader Program live accounts, covering essential aspects such as loss limits, leverage, consistency, and other restrictions.
| Rule | Funded Trader Program (Live Account) |
|---|---|
| Daily Loss Limit | 5% |
| Maximum Drawdown | 10% |
| Leverage Limit | 1:30 |
| Consistency Rule | Minimum 5 trading days, at least 3 profitable days |
| Holding Over Weekends | Not allowed |
| Holding Over Major News | Not allowed |
| Hedging | Restricted |
| Scaling Plan | Account doubles with every 10% profit target achieved |
| Use of Expert Advisors (EAs) | Not allowed |
| Trading Style Restrictions | No high-frequency trading or copy trading |
Additional rules
Additional rules for AudaCity Capital’s funded accounts are in place to ensure proper account management and compliance:
- Account Termination: Traders can be removed from the program if they fail to comply with the firm’s trading and conduct guidelines. In such cases, fees are non-refundable.
- Exclusive Account Use: Only one active funded account per trader is allowed to maintain fairness. Multiple accounts are not permitted.
- Profit Withdrawals: Profit withdrawals are allowed after meeting the account’s profit-sharing requirements, with higher profit shares for accounts that reach targets quicklynce Requirement**: Traders must provide their trading data to AudaCity Capital and follow the compliance manual strictly.
What are AudaCity Capital’s Funded Accounts objectives?
AudaCity Capital’s Funded Accounts objectives focus on promoting responsible trading and profitability. These objectives aim to ensure traders consistently grow their accounts while adhering to specific risk management practices.
- Profit Targets: Traders in the Funded Trader Program do not have fixed profit targets but are encouraged to trade consistently and profitably. Profits are split monthly, with traders eligible for up to an 80% profit share.
- Consistency and Discipline: Traders must maintain steady trading habits, with at least 5 trading days and 3 profitable days each month to ensure regular and disciplined trading practices.
- Time Limit: There is no time limit for achieving growth or profit share requirements, allowing traders to perform without pressurectives aim to balance growth opportunities with strong risk control, helping traders sustain their capital over time.
Does AudaCity Capital have a consistency rule?
Yes, AudaCity Capital has a consistency rule to ensure that traders keep a steady trading approach. This rule requires traders to maintain similar trade sizes and durations across their trading days, avoiding sudden changes that could indicate risky behavior. In the Funded Trader Program, traders must show consistency with a minimum of 5 trading days, including at least 3 profitable days, each month. This rule is set to keep traders focused on regular, disciplined trading without erratic shifts in strategy.
Does AudaCity Capital have a scaling plan rule?
Yes, AudaCity Capital has a scaling plan rule to reward profitable traders by increasing their account size. In the Funded Trader Program, traders can double their account size each time they reach a 10% profit target without breaching drawdown limits. This scaling plan allows traders to grow their capital gradually, giving them more opportunity as they show consistent success.
what are AudaCity Capital’s withdrawal/payout rules?
AudaCity Capital’s withdrawal and payout rules for funded accounts include several key conditions:
- Profit Split: Profit share ranges from 50% to 80%, based on account size and trading performance.
- Consistency Rule: Traders need a Consistency Score above 50 to request a payout. If the score is below this, additional profitable days may be required to qualify.
- Minimum Trading Days: Traders must complete at least 5 trading days per month, with at least 3 of those days being profitable.
- Account Balance and Drawdown Requirements: Withdrawals are not processed if the account breaches the daily drawdown limit of 5% or the maximum drawdown limit of 10%.
- Payout Schedule: Withdrawals can be requested monthly once profit targets or account balance requirements are met.
- Payout Processing: Requests are reviewed within 3-5 business days, followed by a confirmation email once processed.
- Payment Methods: Payouts can be made via bank transfer, PayPal, or cryptocurrency.
- Payout after Multiple Withdrawals: Traders must wait for account scaling (doubling) confirmation before making additional withdrawals.
- Effect on Scaling: Reaching profit targets activates the scaling plan, allowing the account size to double upon request.
What are the spread and commissions at AudaCity Capital?
AudaCity Capital provides zero commission and swap-free trading on its funded accounts, which means traders aren’t charged additional fees for opening and holding positions overnight. This structure applies across major currency pairs, metals, and indices. The spreads are kept competitive, averaging between 0.4-0.8 pips for major forex pairs, with slightly higher spreads around 1-2 pips on gold and indices.
Is AudaCity Capital a Regulated Company?
AudaCity Capital, founded in 2012 by Karim Yousfi, operates as a proprietary trading firm based in London, UK. It funds traders who trade with the firm’s capital across major markets, including forex, stocks, and indices. As a prop trading company, AudaCity Capital does not directly handle client funds or offer CFD brokerage services; instead, it exclusively provides funding and professional training, which exempts it from requiring direct regulatory authorization. However, the firm partners with regulated brokers to ensure compliance in trade execution and data integrity.
Is AudaCity Capital a Legit Company?
AudaCity Capital, founded in 2012 by Karim Yousfi and based in London, is considered a legit company. It has a Trustpilot score of 4.7, indicating high customer satisfaction. A key pro is its zero-commission and swap-free trading environment, which reduces costs for traders. A notable con, however, is that it enforces strict drawdown limits, which some traders find restrictive. read our AudaCity Capital review to learn more.
Conclusion on AudaCity Capital’s rules
Our Trading Funder review of AudaCity Capital’s funded trading program highlights rules aimed at encouraging disciplined trading and keeping risks under control. Their guidelines cover daily loss limits, drawdown caps, and consistency requirements, showing that the firm values steady progress over fast profits. A key advantage we noticed is their zero-commission, swap-free trading, which keeps trading costs down. On the flip side, the strict drawdown limits may challenge traders who prefer more flexibility with risk. Overall, AudaCity Capital provides a solid, supportive setup for traders who can work within its structured rules. The Trading Funder team suggests this firm for traders focused on building a steady trading career.
