Audacity Capital was founded in London in 2012 by Karim Yousfi. It funds traders in forex, metals, and indices, offering two account types: the Funded Trader Program for immediate live trading and the Ability Challenge, a two-phase evaluation leading to a live account.<\/p>\n\n\n\n
Trading Funder notes that Audacity Capital holds a Trustpilot rating of 4.7 out of 5 from nearly 1,900 reviews. Positive feedback emphasizes quick and reliable payouts, responsive customer support, and transparent trading conditions, with users especially valuing the structured drawdown limits and funded scaling options. On the downside, some reviews report occasional technical issues with account dashboards and complaints about stringent enforcement of rules like the daily drawdown limits, which can sometimes result in abrupt account closures\u200b\u200b\u200b\u200b.<\/p>\n\n\n\n
Key advantages of Audacity Capital include flexible account options, such as the Funded Trader Program and the Ability Challenge, which cater to traders with different experience levels. Fast account scaling, reliable liquidity from institutional providers, and no minimum trading days offer a high degree of flexibility, while the firm\u2019s 10% absolute drawdown rule helps limit traders’ exposure to losses. However, some traders find the 50% profit split on the Funded Trader Program less competitive, and fees can add up with a \u00a399 monthly charge alongside the initial sign-up cost. Additionally, trading is limited to Forex until larger account tiers, and strict rules like prohibiting news trading can be restrictive for some strategies.<\/p>\n\n\n\n
Audacity Capital offers two main account types: the Funded Trader Program<\/strong> and the Ability Challenge<\/strong>. The Funded Trader Program begins with live accounts at $15,000 and scales up to $480,000 as traders hit their 10% profit target. The Ability Challenge is a two-step evaluation with refundable fees, ranging from \u00a3149 to \u00a3629. Fees for the Funded Trader Program include an initial \u00a3199 sign-up and a recurring \u00a399 monthly fee.<\/p>\n\n\n\n All trading is done through MetaTrader 4 (MT4) and MetaTrader 5 (MT5), available on desktop, mobile, and web. <\/p>\n\n\n\n Audacity Capital sets a daily loss limit<\/strong> of 7.5% in the Ability Challenge, dropping to 5% in later stages, with a maximum drawdown<\/strong> of 15% in the Challenge and 10% in live accounts. Leverage<\/strong> is 1:100 in the Ability Challenge and 1:30 in the Funded Trader Program. News trading<\/strong> is restricted, hedging<\/strong> is allowed only for risk management, and EAs<\/strong> are permitted with some restrictions on high-risk strategies. The scaling plan<\/strong> doubles accounts upon reaching profit targets\u200b\u200b.<\/p>\n\n\n\n In this article, Trading Funder offers an in-depth review of Audacity Capital<\/strong>, covering its main features, account options, and trading guidelines to help guide your experience with this prop trading firm.<\/p>\n\n\n\n