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After passing AudaCity Capital’s Ability Challenge evaluation, traders receive a funded account that lets them withdraw a share of their earnings according to the firm’s payout and withdrawal policies. The Trading Funder team has looked closely at these policies to help traders understand the payout process and withdrawal options.
AudaCity Capital’s payout policy allows traders to withdraw profits once they’ve met the minimum withdrawal amount of $100. Profit splits go up to 85% for the Ability Challenge and 50-60% for the Funded Trader Program, depending on how quickly targets are hit. Withdrawals can be made monthly. If an account is terminated due to a breach, traders lose access to further payouts, even if the account is in profit.
AudaCity Capital processes payouts starting 30 days after the trader’s first live trade, with bi-weekly payouts possible after that. Withdrawals can be made via bank transfer, PayPal, or cryptocurrency. Before the first withdrawal, traders must complete a KYC verification. There are no fees for withdrawals, but traders handle any tax obligations according to local laws
Our Trading Funder team wrote this article to dive into the details of AudaCity Capital’s withdrawal and payout policies, highlighting key factors like payment methods, processing times, fees, and tax considerations—all essential for making informed decisions, a mission that Trading Funder is committed to supporting.
What is the AudaCity Capital payout policy?
AudaCity Capital’s payout rules are structured as follows for both the Ability Challenge and Funded Trader Program:
- Profit Split:
- Ability Challenge: Traders start with a 75% profit split, which rises to 85% if they achieve over 10% profit within 30 days. If the account doubles twice, the profit split can increase up to 90%.
- Funded Trader Program: Profit splits begin at 50-60%, with potential increases up to 70-80% as the account scales.
- Minimum Trading Days:
- Ability Challenge: Requires at least 4 trading days per phase.
- Funded Trader Program: Requires a minimum of 5 trading days, with at least 3 of those being profitable.
- Payout Schedule:
- Ability Challenge: The first payout is available 30 days after the initial live trade, with bi-weekly payouts available afterward.
- Funded Trader Program: Payouts are available monthly once traders reach a 10% profit target.
- Payout Minimums: AudaCity Capital has a minimum payout threshold of $100. There is no specified maximum; payout size depends on account performance and growth.
- Withdrawal Requirements:
- KYC verification is required for the first withdrawal, and traders are responsible for managing applicable taxes. No withdrawal fees are charged. Withdrawal options include bank transfers, PayPal, and cryptocurrency.
- Account Termination:
- If an account breaches drawdown limits, future payouts are disallowed, even if the account shows profits.
What’s the minimum withdrawal amount at AudaCity Capital?
The minimum withdrawal amount at AudaCity Capital is $100. Traders need to reach this threshold before they can request a payout. This applies across their programs, ensuring that smaller earnings accumulate to a practical withdrawal amount before processing.
What’s the maximum withdrawal amount at AudaCity Capital?
AudaCity Capital doesn’t specify a maximum withdrawal amount. Traders can withdraw based on their account’s profits, meaning the withdrawal limit depends on how much profit the trader has accumulated.
What’s AudaCity Capital’s Minimum Balance For Withdrawals?
AudaCity Capital requires traders to maintain their account above the set drawdown limits after withdrawals. For the Ability Challenge, the maximum drawdown is 10% in the live phase, meaning withdrawals can’t reduce the account below 90% of its starting balance. This rule ensures that traders keep enough funds to continue trading without breaching risk limits.
What are AudaCity Capital‘s withdrawal methods?
AudaCity Capital processes withdrawals through three main methods: bank transfers, PayPal, and cryptocurrency.
When traders can withdraw from AudaCity Capital?
In AudaCity Capital’s Funded Trader Program, traders can withdraw their profits each time they hit a 10% profit target. Once the target is reached, traders can request a payout, which also triggers an account doubling if eligible. For the Ability Challenge, the first withdrawal is allowed 30 days after the first trade on the live account, and subsequent withdrawals can be requested bi-weekly thereafter.
How fast is AudaCity Capital‘s payout process?
Once traders submit a withdrawal request to AudaCity Capital, timing varies by program and account status. Specific processing delays aren’t detailed, but trader feedback indicates that payouts are generally prompt after a request.
How does the payout process work at AudaCity Capital?
The payout process at AudaCity Capital generally follows these steps:
- Meet Profit Targets:
- For the Funded Trader Program, traders must reach a 10% profit target to qualify for withdrawal. Each time this target is hit, they can request a payout and, if eligible, account scaling will double their capital.
- In the Ability Challenge, traders can request their first payout 30 days after their first trade on a live account. Following this, withdrawals are allowed bi-weekly.
- Initiate the Withdrawal Request:
- Traders request payouts through the AudaCity Capital dashboard, selecting “Withdraw” from their wallet section. Support can also assist if needed.
- Review and Approval:
- Once a request is submitted, AudaCity’s team reviews the account, typically completing approvals within 3-5 business days.
- Payout Distribution:
- Upon approval, AudaCity Capital disburses profits through the chosen withdrawal method (bank transfer, PayPal, or cryptocurrency). Trader feedback suggests payouts are generally quick once approved.
what are AudaCity Capital’s payout restrictions?
AudaCity Capital imposes several payout restrictions across its programs. Here’s a breakdown of key restrictions:
- Account Breach: Payouts cannot be processed if an account breaches any rules. For instance, exceeding the daily or maximum drawdown limits results in an account breach, which immediately disqualifies the trader from payouts, regardless of profits.
- Consistency Requirements: To qualify for payouts, traders must meet consistency standards in both the Funded Trader Program and Ability Challenge. The Consistency Score needs to be above 50; otherwise, traders may need to trade additional profitable days to receive approval from the risk team.
- Profit Sharing Structure: Profit share varies by program. The Ability Challenge offers up to 85% profit sharing, while the Funded Trader Program ranges from 50-70%, depending on account size and the time taken to reach profit targets.
- Prohibited Countries: AudaCity Capital restricts access to traders from the United States, Syria, Iran, and North Korea, disqualifying residents of these countries from participating or receiving payouts.
- Prohibited Strategies: High-Frequency Trading (HFT), latency arbitrage, and Martingale are banned. Accounts employing these strategies risk breach and forfeiture of payout eligibility.
- Tax Responsibility: Traders are responsible for tax on their payouts, as AudaCity Capital does not withhold or report taxes on behalf of traders.
- KYC Verification: All traders must complete a KYC (Know Your Customer) verification before any payout can be processed.
What is the AudaCity Capital profit share?
AudaCity Capital’s profit split varies by program. In the Funded Trader Program, traders typically start with a 50-60% profit share. If the trader meets the profit target within 30 days, the profit share increases to 60-70% depending on account size, incentivizing faster performance. For the Ability Challenge, profit share can go up to 85% once the trader completes all stages and achieves a live account. Across both programs, the split is based on performance criteria, such as meeting consistency requirements and not breaching any trading rules.
What to know about taxes on AudaCity Capital payouts?
AudaCity Capital doesn’t handle or deduct taxes from trader payouts. Traders are fully responsible for reporting and paying any taxes on their earnings according to the tax laws in their own country. AudaCity recommends consulting a tax advisor or accountant if there’s any doubt, as they don’t offer tax advice or guidance on this.
does AudaCity Capital apply withdrawal fees?
AudaCity Capital doesn’t apply any withdrawal fees for payouts. Withdrawals can be processed through bank transfers, PayPal, or cryptocurrency, and there are no extra charges from AudaCity’s side for using any of these methods. However, traders should check if their bank or payment provider has any fees for incoming payments, as AudaCity Capital doesn’t cover those.
Does AudaCity Capital Pay Out?
AudaCity Capital has a strong payout record based on trader reviews and a high Trustpilot rating of 4.7 out of 5, with most reviews highlighting timely and reliable payouts. Many traders report receiving their payouts quickly, sometimes within days, and mention a smooth payout process. Several reviewers specifically noted they didn’t encounter any delays or issues with withdrawal, describing the process as straightforward and dependable. A small number of negative reviews exist, mainly concerning account breaches and misunderstandings about drawdown limits, but AudaCity has responded directly to clarify these issues. Overall, according to our AudaCity Capital review, the high rating and positive feedback suggest AudaCity Capital pays out as promised.
Will withdrawals affect AudaCity Capital’s trading rules?
Withdrawals at AudaCity Capital temporarily pause trading while the account is processed, but they don’t impact the trading rules themselves. During this time, traders wait until their account is doubled or profits are processed, and they get a confirmation email once trading can resume. After the withdrawal, all original trading rules, like drawdown limits and consistency requirements, stay the same, so withdrawing funds doesn’t reset or change these rules in any way.
Conclusion on AudaCity Capital Withdrawal and Payout policy
The Trading Funder team’s analysis of AudaCity Capital’s withdrawal and payout policy highlights several appealing aspects, particularly its reputation for reliable, fast payouts without additional fees from the firm itself. Traders have the flexibility to withdraw funds via bank transfer, PayPal, or cryptocurrency, with most users reporting swift processing times. One of the most attractive features, according to our assessment, is the generous profit share offered in their Ability Challenge, reaching up to 85%. However, it’s important for traders to note that they must pause trading during the payout process, which could interrupt the flow for those actively trading. Additionally, AudaCity enforces strict drawdown and consistency rules, and even minor infractions could result in a denied payout. Based on our findings, we advise traders to closely monitor their account limits and adhere to these rules to maintain a smooth withdrawal experience. Overall, AudaCity Capital’s payout policy is robust for those who prioritize compliance with their structured guidelines.
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