Audacity Capital is a leading prop trading firm that has been operating since 2012. The company aims to support and develop traders’ skills by offering a variety of funding programs. With its plans, traders can participate in financial markets and trade professionally without needing to use their own capital. Audacity Capital strives to pave the way for success in the financial markets by providing unique trading conditions.
Audacity Capital is recognized as one of the most reputable prop trading firms due to its emphasis on transparency in its service offerings. From beginners to professional traders, everyone can benefit from its services, making it a top choice for professional traders worldwide.
History and Management of Audacity Capital
Since its founding in 2012, Audacity Capital has emerged as one of the prominent companies in the prop trading sector. By offering unique conditions and focusing on traders’ experience and strategies, the firm has successfully attracted the attention of professional traders across the globe. From its inception, Audacity Capital has grown rapidly in the prop trading industry by consistently providing the best possible conditions.
The owners and managers of Audacity Capital have worked hard to create an environment that guides traders toward success in the financial markets. More detailed information about the company’s ownership and management can be found on its official website. In line with this, Audacity Capital continuously adapts its services to meet market changes and the evolving needs of its traders.
Audacity Capital’s Plans and Fees
Audacity Capital offers two main programs for traders: the Ability Challenge and the Funded Trader Program. Each of these programs has its own features and conditions, which are detailed below.
Ability Challenge
This program is a two-stage demo evaluation process that enables traders to access a live funded account upon successful completion. The specifications of this plan are as follows:
| Feature | Details |
|---|---|
| Time Period | Unlimited |
| Minimum Trading Days | 4 days |
| Maximum Daily Drawdown | 7.5% in Stage One, 5% in Stage Two |
| Maximum Overall Drawdown | 15% |
| Profit Target | 10% in Stage One, 5% in Stage Two |
| Profit Split | Up to 85% |
| Leverage | 1:100 |
| Fees | The program fee is refundable upon success |
| Additional Features | Allows trading during news events, holding positions over the weekend, and unlimited trade volume |
This program is ideal for traders looking to enhance their skills and, after proving their ability through evaluation, gain access to real capital. The flexibility in conditions is one of the key advantages of this program.
Funded Trader Program
This program is designed for professional traders who do not require a demo process and can trade directly with live capital. Its specifications are as follows:
| Feature | Details |
|---|---|
| Initial Capital | $7,500, $15,000, or $60,000 |
| Minimum Trading Days | 5 days (with a minimum of 3 profitable days) |
| Maximum Daily Drawdown | 5% |
| Maximum Overall Drawdown | 10% |
| Profit Target | 10% |
| Profit Split | Up to 80% |
| Leverage | 1:30 |
| Fees | No monthly fees |
| Additional Features | Excellent liquidity with no commission or swap fees, account scaling with each 10% profit, and restrictions during major news events |
This program is an excellent choice for professional traders seeking direct investment without time restrictions. Its fair and transparent conditions have made it a popular option among traders.
Trading Rules and Objectives
Audacity Capital offers clear and precise rules for risk management to ensure a balance between protecting capital and granting traders the freedom to operate. The key rules for each program are compared in the table below:
| Program | Maximum Daily Drawdown | Maximum Overall Drawdown | Profit Target | Profit Split | Leverage |
|---|---|---|---|---|---|
| Ability Challenge | 7.5% (Stage One) – 5% (Stage Two) | 15% | 10% (Stage One) – 5% (Stage Two) | Up to 85% | 1:100 |
| Funded Trader | 5% | 10% | 10% | Up to 80% | 1:30 |
These rules are designed to create a fair and professional trading environment. By adhering to these guidelines, traders can progress toward financial success and growth.
Advantages and Disadvantages of Audacity Capital
Advantages:
- Flexible and fair trading conditions.
- Ability to trade during news events and hold positions over the weekend.
- A diverse range of programs for both novice and professional traders.
- Account scaling up to $2M in a stepwise manner.
- Refundable program fees upon successful completion.
- High liquidity with favorable conditions and no additional commissions.
- Continuous educational support and practical guidance for traders.
Disadvantages:
- Leverage restrictions in some programs.
- Strict rules for risk management.
- A minimum of three months of trading experience required for the Funded Trader Program.
- Potential access restrictions for traders from certain countries.
Considering these pros and cons, traders can decide based on their individual needs and skill levels.
Audacity Capital, with its unique programs and focus on transparency and trader support, is one of the most reputable and reliable prop trading companies. By designing precise evaluation processes and risk management rules, it provides an ideal environment for both professional and beginner traders. Its diverse services and clear regulations make it an excellent choice for professional traders.
If you are looking for the best option for prop trading accounts, we recommend that you explore more information about Audacity Capital and other prop trading firms on our website (Fundfa). Additionally, you can review the opinions and experiences of other traders regarding this company to make a more informed decision.