Company Overview

Audacity Capital is a renowned forex trading company based in London, UK, founded in 2012. The company specializes in providing funding for traders to succeed in the forex market. Audacity Capital offers a variety of trading instruments, including forex, indices, metals, and commodities, attracting significant investor attention.

Key Features

• Trading Instruments: Forex, Indices, Metals, Commodities
• Maximum Account Balance: $2,000,000
• Profit Split: Up to 85%
• Cost: Starting from $129
• Trading Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5)

Pros & Cons

Pros

1. Rapid account balance expansion: Account doubles upon achieving profit targets, up to $2,000,000.
2. No time restrictions on completing challenges: Traders can complete challenges at their own pace without strict time limits.
3. Free trial available: Traders can explore platform features and advantages with a free trial.

Cons

1. Lower initial profit split: Starts at 75% on the Ability account and 50% on the Funded Trader Program.
2. Leverage limitations: Leverage restricted to 1:30 in the instant funding program.

The Funded Trader Program

This program is designed for experienced traders looking to immediately secure funding. Simply achieve profit targets without reaching maximum drawdown to initiate withdrawals.

• Minimum trading days: 5 days
• Challenge duration: No limit
• Profit target: 10%
• Maximum drawdown: 10%
• Maximum daily loss: 5%

Trading Experience Evaluation

Requires passing through a two-phase evaluation process to prove trading experience.

Phase 1

• Minimum trading days: 4 days
• Challenge duration: No limit
• Maximum daily drawdown: 7.5%
• Maximum drawdown: 15%
• Profit target: 10%

Phase 2

There is also no time limit for this stage. Simply reach the profit target without violating any rules to pass this stage. The profit target is the same as in the first stage, but the maximum retracement and the maximum retracement per day are reduced.

• Minimum trading days: 4 days
• Challenge duration: No limit
• Maximum daily drawdown: 5%
• Maximum drawdown: 10%
• Profit target: 10%

Automated Trading and Free Trial

Audacity Capital allows the use of Expert Advisors (EAs) for trading, ensuring compliance with rules. Additionally, the company offers a free trial and free retry opportunities to help traders better understand platform functionalities.

If traders end the trading period profitable but fail to meet profit targets, and have not violated rules, they can retry challenges for free.

Trading Platforms and Trading Hours

Audacity Capital provides access to MT4 and MT5 platforms, allowing traders to hold positions overnight or over weekends according to their trading styles. However, trading during significant news releases is prohibited, requiring closure of all positions before news releases.

As a leading forex trading company, Audacity Capital offers account balances up to $2,000,000 and profit splits up to 85%. Traders can access funding through instant funding or two-phase challenge programs, utilizing MT4 and MT5 platforms for trading.