Audacity Capital ’s Funded Trader Program is a funding program option that allows traders to skip the evaluation phase altogether and start earning from the start. Traders have the opportunity to manage account sizes ranging from $7,500 up to $60,000 and are allowed to trade with a 1:30 leverage.
Purchasing the Funded Trader Program earns you a funded account that has a 10% minimum withdrawal requirement. The 5% maximum daily and 10% maximum loss rules must be respected. Concerning time limitation, the Funder Trader Program has no maximum trading day requirement, there is, however, a minimum requirement of five trading days where traders must show profitability before being qualified for a withdrawal and scaling.
Upon attaining the required 10% profit target, your first withdrawal can be made while other subsequent withdrawals can be submitted every time you generate a profit of 10%. Based on the profit made on the funded account, you will be qualified for a profit split of 50% up to 80%.
Funded Trader Program Scaling Plan
The Funded Trader Program scaling plan requires a trader to reach a profit target of 10% in order to scale their account to the next available account size. Note that, when you decide to scale your account, it isn’t required that you forfeit your profits.
Example:
The profit target for the $40,000 funded account is 10%.
Week 1: Generate a profit of 4%.
Week 2: Generate a profit of 6%.
The generated total profit from the last two weeks is 10%, which means that the trading account is qualified to make a withdrawal and scale since it was able to achieve the required profit target (10%). Note that, if the 10% profit target is achieved within 30 calendar days, you will be eligible for a higher profit split than when the profit target is achieved after the 30 calendar days.
For example, if you qualify for a payout of 50% after acquiring the 10% profit target in two weeks, you can receive a profit split of 60% since the profit target was met before 30 calendar days.
Funded Trader Program Trading Rules & Objectives
- Profit Target: There is a designated profit percentage traders must achieve in order to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The target for each withdrawal/scaling cycle is 10%.
- Maximum Daily Loss: The maximum daily loss limit on all account sizes is 5%.
- Maximum Loss: The maximum loss limit on all account sizes is 10%.
- Minimum Trading Days: The minimum duration during which trading must occur before successfully concluding an evaluation phase. Each withdrawal/scaling cycle has a 5-day minimum trading day requirement, where three out of five calendar days are required to be profitable.
What Makes Audacity Capital Different From Other Prop Firms?
Audacity Capital sets itself apart from other prop firms mainly due to its offerings. unique account types, a two-step evaluation and an instant funding program. Moreover, traders can participate in two unique Assessment Management funding program options, the Flex Trader Program and the Pro Trader Program.
Audacity Capital’s Ability Challenge is a two-step evaluation and traders have to complete both phases to qualify for payouts. The profit target is 10% for both evaluation phases, coupled with a 7.5% maximum daily and 15% maximum loss rules in phase one and a 5% maximum daily and 10% maximum loss rules in phase two. Although there are no maximum trading day requirements you are required to trade for at least 4 calendar days in each evaluation phase.
Audacity Capital’s Funded Trader Program offers a direct funding account. This means that traders can altogether skip the evaluation phase and start earning right from the start. The Funded Trader Program has a withdrawal requirement of 10% and a 5% maximum daily and 10% maximum loss rule. In addition, there is a minimum trading day requirement of 5 calendar days, where a minimum of three days must be profitable. Funded Trader Program offers a unique scaling plan that provides the opportunity to manage even larger account sizes. This Funding program (Funded Trader Program) differs from others within the industry primarily because it offers high drawdown limitations, an unlimited trading period, no evaluation phases, and a profit split of up to 80%.
In conclusion, Audacity Capital sets itself apart from other industry-leading prop firms by offering an instant funding program, a two-step evaluation. In addition, they also provide a number of attractive features, like an unlimited trading period, reduced minimum trading days, news trading, risk management tools, quarterly scaling, and a profit split of up to 85% if certain conditions are met. Furthermore, the prop trading firm also provides an opportunity that allows profitable traders to take part in two unique Assessment Management funding program options.
Is Getting Audacity Capital Realistic?
To increase the likelihood of success, it is necessary to evaluate the trading requirements and conditions of a prop firm when considering whether or not it could be the best fit for you. This evaluation allows you to determine if it caters to your trading style, offers a conducive environment for growth when a generously funded account and attractive profit split, and how easy it is to use.
The practicability and usefulness of a prop firm decreases where they demand substantial monthly gains while giving little room for error and growth. Plus, time limitations are important to consider because flexible trading day requirements reduce the burden and pressure of trading.
Receiving capital from the Ability Challenge is feasible mainly due to its modest profit targets (10% in both evaluation phases) coupled with above-average maximum loss rules (7.5% maximum daily and 15% maximum loss in phase one and 5% maximum daily and 10% maximum loss in phase two). Keep in mind that there are no maximum trading day requirements, however there is a minimum trading day requirement of 4 calendar days. Furthermore, upon successfully concluding both evaluation phases, traders can make withdrawals and enjoy a profit split of 75% up to 85%.
Receiving capital from the Funded Trader Program is feasible mainly because of the 10% profit target requirement in addition to the above-average maximum loss rule (5% maximum daily loss and 10% maximum loss). Notably, while there is no maximum trading day requirement, there is, however, a minimum trading day requirement of 5 calendar days, where a minimum of three days must be profitable. Furthermore, successfully generating a profit qualifies participants for payouts that offer a favorable profit split of 50% up to 80%.
Taking into consideration all the benefits Audacity Capital has to offer, they are desirable to traders. Clients have the opportunity to choose between two funding programs, which feature realistic trading objectives and conditions for qualifying for payouts. Funded traders have the opportunity to increase their account size and also enjoy favorable trading conditions.
Additionally, the prop firm also offers profitable traders a chance to partake in two unique Assessment Management funding program options that come with clear conditions for payouts.
Payment Proof
Audacity Capital is a proprietary trading firm that was established on the 28th of January, 2014. During that time, they have garnered a community of traders who have attained funded status and successfully met the criteria for a profit split.
You can find Audacity Capital payment proof on various websites. One example is Trustpilot, where their traders share their experiences about the prop firm and also post payouts they have successfully received from the company.
Audacity Capital YouTube channel is another source of payment proof, where you can find numerous interviews of the most successful traders.
Education
Audacity Capital has created a detailed Guides section with educational content on its website to ensure that their traders have the resources they need to trade effectively.
Educational resources on the website is divided into four categories:
- Best Forex Trading Tools in 2024
- The Best Forex Currency Pairs to Trade
- Best Forex Strategy for Consistent Profits
- Forex Trading for Beginners
Additionally, Audacity Capital provides clients access to a professionally designed trader dashboard. This feature enhances risk management through continuous access to detailed statistics and objectives while ensuring real-time updates.
Trustpilot Feedback
Audacity Capital has gathered an excellent score on Trustpilot based on their community’s feedback.
Traders also mentioned the absence of trading problems and highlighting the convenience of holding weekend positions through a quick form submission. They commended the efficient customer service noting prompt responses to emails.
Customer Support
If you have questions or concerns about Audacity Capital, you can reach out to customer care through their help center on the website or via email at [emailprotected].
Conclusion
Audacity Capital is a credible proprietary trading firm that offers traders the chance to choose between two funding programs. Moreover, they also offer traders the chance to partake in two Assessment Management funding program options, Flex Trader Program, and Pro Trader Program.
Audacity Capital’s Ability Challenge requires traders to complete two evaluation phases before becoming qualified to manage a funded account. Traders must meet the 10% profit target in both evaluation phases to become successfully funded coupled with the 7.5% maximum daily and 15% maximum loss rules in phase one and 5% maximum daily and 10% maximum loss rules in phase two. These are realistic targets that can be met by serious traders.
Concerning time limitations, there are no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 4 calendar days in each evaluation phase. Finally, it’s crucial to note that the Ability Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.
Audacity Capital‘s Funded Trader Program is a direct funding account. This means that traders can altogether skip the evaluation and start earning profit splits of 50% up to 80%. The funding account has a 10% profit target requirement with a 5% maximum daily and 10% maximum loss, which are practical trading objectives.
Concerning time limitations, there is no maximum trading day requirement, however, there is a minimum trading day requirement of 5 calendar days, with three out of the five days showing profitability. Lastly, it is crucial to note that the Funded Trader Program offers a scaling plan that allows traders to increase their initial account balance.
For professional traders seeking a trading platform that supports their growth, Audacity Capital is the place to be. It comes with a number of favorable features like unlimited trading period, quarterly scaling, an advantageous profit split and more which cater to the needs of different traders.
Audacity Capital has positioned itself as one of the top choices for traders worldwide and a viable choice when considering a platform to work with.
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