Audacity Capital
Company Background: Audacity Capital, established in 2012, focuses on providing traders with a platform to achieve success. They emphasize diversity, long-term relationships, knowledge sharing, and kindness within their trading community. The firm has won awards for Excellence in Trading Innovation and Professional Trading from The International Investor (AudaCity) (AudaCity).
Year Established: March 1, 2012
Head Office Location: Brussels, Belgium (AudaCity)
Prohibited Countries: Specific exclusions are not listed, implying broad eligibility.
Associated Brokers: Not explicitly mentioned.
Evaluation Description: The Ability Challenge consists of three stages: a challenge with a maximum daily drawdown of 7.5%, a verification stage with a maximum daily drawdown of 5%, and a live account phase. The profit targets are 10% for the challenge and 5% for the verification stage (AudaCity).
Funded Trader Benefits: Benefits include a live trading account, generous profit sharing (75% initially, 85% after achieving 10% profit), no liability for losses, and robust technology with deep liquidity. Traders can also scale their accounts quarterly based on performance (AudaCity) (AudaCity).
Profit Split: 75% initially, increasing to 85% after achieving 10% profit (AudaCity).
Account Size (USD): N/A
Max Trading Days: N/A
Min Trading Days: N/A
Max Daily Loss: 5%
Max Total Loss: 10%
Profit Target: 5%
Challenge Fee (USD): Not specified
Fee Refundable: Not specified
News Trading Allowed: Yes
EAs Allowed: Yes
Copy Trading Allowed: Yes
Describe Scaling Plan: Quarterly scaling based on performance: if traders achieve a 2.5% monthly profit and have at least one payout, their account size doubles (AudaCity).
Scaling Plan Requirements: Minimum of 3 months in a scaling cycle, 2.5% monthly profit, and a positive account balance (AudaCity).
Min Months Prior to Scaling: 3 months (AudaCity)
Total Minimum Profit Percentage Achieved: 2.5% monthly (AudaCity)
Positive Account Balance Required: Yes
Increased Profit Split: Yes, from 75% to 85% after achieving 10% profit
Max Account Value: Not specified
Trading Platforms Used: MT4, MT5
Tools & Services Provided by the Prop Firm: Robust technology, deep institutional liquidity, knowledge sharing, and a supportive trading environment
Prop Firm Trading Educational Material Provided: N/A
Testimonials: Testimonials highlight the firm's positive impact on traders from India, Greece, Poland, the UK, and Germany
Trustpilot Rating: 4.4
Number of Trustpilot Reviews: Not specified
Prop Firm Social Presence: Not specified
Online Opinion of Prop Firm: Audacity Capital appears trustworthy, providing real money trading accounts, extensive support, and a clear path for trader development and profit sharing