Welcome to our in-depth review of Audacity Capital, a prop trading firm that’s been steadily gaining attention in the forex industry. If you’re a trader looking for a firm that aligns with your ambitions, chances are you’ve stumbled upon Audacity Capital in your search. But the question remains, is Audacity Capital the right partner for your trading journey? We’re here to help you answer that.

Hailing from London, Audacity Capital has carved out a niche in the prop trading world. They’ve earned their stripes by focusing on the needs of traders, catering to both the grizzled veterans and the eager newcomers in the forex market. They’re not just about the bottom line but about fostering a community of traders who can learn, grow, and succeed together.

But as the old saying goes, the proof of the pudding is in the eating. So, let’s roll up our sleeves and delve into the details to see if Audacity Capital lives up to its promises. We’ll be examining everything from the challenges they offer, the size of the accounts available, the leverage they provide, and much more. So, sit tight, and let’s embark on this journey!

Stay tuned for the next section where we’ll explore the challenges Audacity Capital offers. We’ll be dissecting what they involve, how they can shape you as a trader, and whether they’re worth your investment of time and effort.

Challenges Offered: You Choose Your Path to Trading Success

At Audacity Capital, they offer two distinct paths to help you kickstart your trading journey: the Funded Trader Program and the Ability Challenge. Each program is designed with a different type of trader in mind, offering flexibility and choice to suit your trading style and goals.

The Funded Trader Program

The Funded Trader Program is all about getting you into action quickly. With this program, you start with a $15,000 live trading account. Every time you hit a 10% target, your account size is doubled, all the way up to $480,000. In the first three stages, you’re limited to trading Forex, but once you’ve proven your mettle, you can expand into Indices and Commodities. There are no time restrictions, but trading during high-level news events is off-limits. The max drawdown is set at 10%, and the best part? There’s zero loss liability.

The Ability Challenge

On the other hand, the Ability Challenge is for those who like a bit of competition. For a fee, you’re given 30 days to reach a 10% target without breaching any rules, like the 7.5% daily max drawdown or the 10% overall drawdown. Pass the challenge and the verification stage, and you’ll be rewarded with a live account. There’s no profit target on the live account, and you’ll receive 75% of the profits earned on a monthly basis, with the potential for a quarterly doubling of the account size. You can choose from a $10,000 account all the way up to $240,000.

Audacity Capital offers you a choice: get instant funding with the Funded Trader Program or prove your trading prowess with the Ability Challenge. The choice is yours, and the trading world is your oyster.

Next, we’ll be diving into the size of the accounts available at Audacity Capital. So, stick around, because we’re about to delve into the numbers!

Account Sizes and Leverage at Audacity Capital: The Power to Trade Big!

Let’s move on to the account sizes and leverage offered by Audacity Capital. After all, size does matter in the trading world, and so does the power to multiply your trading position. But does Audacity Capital offer you the flexibility and the firepower you need to make your mark in the forex market?

At Audacity Capital, they understand that not all traders are created equal. Some are ready to go big, while others prefer to start small and grow steadily. That’s why they offer a range of account sizes to suit your trading style and your risk appetite. Whether you’re a high roller or a cautious trader, at Audacity Capital, the plan is to allow you to work up. Each time you hit a goal, you’re given more leverage and can trade larger lots. 

Leverage can be a powerful tool in the hands of a skilled trader, allowing you to punch above your weight in the market. But remember, with great power comes great responsibility. Leverage can magnify your profits, but it can also magnify your losses. So, use it wisely.

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In a nutshell, Audacity Capital offers you the flexibility to trade your way, with account sizes and leverage that can adapt to your needs. But remember, the size of your account and the leverage you use are just tools. It’s how you use them that will determine your success in the market.

Up next, we’ll be diving into the targets and drawdowns at Audacity Capital. So, stay tuned, because we’re just getting to the good stuff!

Targets and Drawdowns at Audacity Capital: Navigating the Highs and Lows

Now, let’s shift gears and talk about targets and drawdowns at Audacity Capital. In the world of trading, these are the milestones and the speed bumps on your road to success. But how does Audacity Capital set these targets and drawdowns, and what do they mean for your trading journey?

First up, the targets. At Audacity Capital, the targets for the average plan are set at 10%. These targets aren’t just arbitrary numbers pulled out of a hat. They’re designed to be challenging yet achievable, pushing you to strive for success without setting you up for failure.

Drawdowns are specific to the account sie chosen and if you’re going for instant funding or the challenge. 

In essence, the targets and drawdowns at Audacity Capital are designed to keep you on your toes, to push you to reach for the stars while keeping your feet firmly on the ground. They’re a bit like the guardrails on a highway, guiding you toward your destination while preventing you from veering off course.

Tradable Assets at Audacity Capital: A World of Opportunities

Let’s dive into the tradable assets offered by Audacity Capital. After all, variety is the spice of life, and in trading, it’s the key to diversification and opportunity. So, does Audacity Capital offer a smorgasbord of trading options, or is it more of a one-trick pony?

At Audacity Capital, they believe in giving traders the freedom to explore and the opportunity to diversify. That’s why they offer a wide range of tradable assets. Whether you’re a forex fanatic, a commodities connoisseur, or an indices enthusiast, you’ll find something to tickle your trading taste buds.

The tradable assets at Audacity Capital include Forexx, Indices and Equities, but generally new traders are kept to Forex. This broad selection allows you to spread your wings, to explore different markets, and to find the trading opportunities that suit your style and strategy. 

In short, Audacity Capital offers a world of trading opportunities, giving you the freedom to trade your way. Whether you’re a specialist who likes to focus on a single market or a generalist who likes to mix things up, you’ll find plenty of opportunities at Audacity Capital.

Next up, we’ll be taking a closer look at the costs involved in trading with Audacity Capital and their profit-sharing scheme. So, stick around, because we’re about to talk about the thing that matters most – the money!

Costs and Profit Sharing at Audacity Capital: The Bottom Line

Now, let’s get down to brass tacks and talk about the costs involved in trading with Audacity Capital and their profit-sharing scheme. After all, trading isn’t just about making money; it’s also about keeping an eye on the costs. And when it comes to profit sharing, well, who doesn’t like to share in the success?

When it comes to costs, Audacity Capital believes in transparency and fairness. The costs involved in trading with them start at $149 and go up to $1,559 depending on the account sie you’re aiming for. These costs are designed to cover the operational expenses while ensuring that the bulk of the profits end up where they belong – in your pocket.

But what about profit sharing? Well, at Audacity Capital, they believe that success tastes sweeter when it’s shared. That’s why they offer a profit-sharing scheme that gives you a fair share of the profits you generate. The profit-sharing scheme works like this: After you pass both levels and have made it to a funded account you receive 75% of all profits. The instant funding challenge is different as the firm has invested in you without you having proved your mettle. On the instant challenge, the profit share is 50/50. 

In a nutshell, Audacity Capital offers a cost structure and a profit-sharing scheme that are designed with the trader in mind. They’re about ensuring that you get a fair deal, that you get to keep a good chunk of the profits you generate, and that the costs don’t eat into your hard-earned gains.

Up next, we’ll be taking a look at the educational content provided by Audacity Capital. So, stay tuned, because we’re about to delve into the resources that can help you level up your trading skills!

Educational Content at Audacity Capital: Sharpening Your Trading Skills

Let’s delve into the educational content provided by Audacity Capital. In the world of trading, knowledge is power, and a good education is the foundation of a successful trading career. So, does Audacity Capital provide the resources you need to sharpen your trading skills and stay ahead of the curve?

At Audacity Capital, they believe in empowering traders through education. They understand that the markets are constantly evolving and that traders need to keep learning and adapting to stay ahead. That’s why they provide a wealth of educational resources to help you do just that.

The educational content at Audacity Capital includes a mixture of free resources and paid training courses. These resources are designed to help you understand the markets, develop effective trading strategies, and hone your trading skills. Whether you’re a newbie looking to learn the ropes or a seasoned trader looking to stay sharp, you’ll find plenty of valuable insights and learning opportunities.

In essence, Audacity Capital provides the educational resources you need to grow as a trader. They’re about helping you to learn, to improve, and to succeed in the world of trading.

Trading During News Events and Weekends: Navigating the Market’s High Seas

Let’s talk about trading during news events and weekends at Audacity Capital. In the world of trading, news events can stir up the market’s waters, and weekends can bring unpredictable tides. So, how does Audacity Capital guide its traders through these choppy seas?

At Audacity Capital, they’ve set some clear boundaries to help their traders navigate safely. They do not allow trading during major news events. Why, you ask? Well, these events can create significant market volatility, and while that might sound like a thrilling ride, it can also be a risky one. By steering clear of these events, Audacity Capital helps its traders avoid the potential pitfalls of this volatility.

And what about weekends? Well, Audacity Capital requires all positions to be closed before the weekend. This is because weekend market volatility can be unpredictable, and by closing positions before the weekend, traders can avoid being caught off guard by sudden market shifts.

In essence, Audacity Capital’s approach to trading during news events and weekends is all about risk management. It’s about helping their traders to navigate the market’s high seas safely and effectively.

Next up, we’ll be weighing the pros and cons of trading with Audacity Capital. So, stick around, because we’re about to give you the full scoop on the good, the bad, and everything in between!

The Pros and Cons of Trading with Audacity Capital: The Full Scoop

Now, let’s weigh the pros and cons of trading with Audacity Capital. Every trading firm has its strengths and weaknesses, and Audacity Capital is no exception. So, what are the good, the bad, and the in-between when it comes to trading with them?

Pros:

• Offers a fully-funded live trading account starting with $15,000 and scaling up to $500,000.
• Provides a fast scaling plan, where they double the capital every time the trader hits the 10% target.
• Offers a 10% absolute drawdown, which is not trailing from the profits, where the trader is not liable for any losses.
• Profits are split fairly 50/50 or 75/25 depending on how you join
• Uses a liquidity provider that benefits traders with tight spreads and no fees on commissions or swaps.

Cons:

• Trading during major news events is not allowed.
• All positions must be closed before the weekend.
• The profit split is less generous than other firms

In conclusion, Audacity Capital offers a unique proposition for traders, with a good balance of opportunities and safeguards. However, as with any trading firm, it’s important to consider your trading style, risk tolerance, and goals before jumping in.

Next, we’ll be wrapping up our review of Audacity Capital and giving our final verdict. So, stay tuned, because we’re about to wrap this up with a neat little bow!

Wrapping Up: Is Audacity Capital the Right Choice for You?

As we wrap up our comprehensive review of Audacity Capital, it’s time to ask the big question: Is Audacity Capital the right choice for you?

Audacity Capital offers a unique proposition for traders. With a fully-funded live trading account, a fast scaling plan, a fair profit-sharing scheme, and a focus on risk management, they provide a solid platform for both new and experienced traders.

However, as with any trading firm, it’s not a one-size-fits-all solution. The restrictions on trading during major news events and the requirement to close all positions before the weekend may not suit all trading styles.

So, who is Audacity Capital best suited for? Well, it seems to be a good fit for disciplined traders who have a proven strategy and are ready to take their trading to the next level. It’s for those who value risk management and are looking for a trading firm that provides a fair deal and a supportive community.

In conclusion, if you’re a disciplined trader looking for a fully-funded account, a fair profit-sharing scheme, and a supportive community, Audacity Capital could be the right choice for you.

Ready to take the challenge? Head over to Audacity Capital and start your trading journey today! And don’t forget to subscribe to our newsletter to receive access to our Prop Firm Guide with detailed information about over 30 Prop Firms. 

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