Audacity Capital is one of the oldest prop firms in the proprietary trading industry. The firm has a good business reputation, and many traders want to be part of Audacity Capital. Joining Audacity Capital is very easy, but you must also understand the firm’s evaluation process, challenge rules, conditions, drawdown models, and trading restrictions. 

Having an in-depth understanding of how the firm works can make all the difference between failing and succeeding in a challenge. Like in most prop firms, success in Audacity Capital also depends on knowing and complying with the rules and conditions provided. 

In this Audacity Capital review, we will take a look at the firm’s funding programs, challenge requirements, drawdown rules, restrictions, profit splits, payout process, and trading platforms. You will also know the advantages and disadvantages of trading with the firm, and decide whether it is the right prop firm for your trading style. 

Quick Verdict

Audacity Capital at a Glance

What Is Audacity Capital?

Audacity Capital is a London-based trading firm founded in 2012. It provides traders with access to a fully funded account without requiring them to invest a lot of money. Over the years, it has grown into one of the longest-running prop firms, serving traders from 140+ countries. 

Traders at Audacity Capital can receive funded capital through the Ability challenge, Ability One, or via the FTP (Instant funding). The firm provides a set of rules, requirements, and restrictions that traders must comply with to pass their challenges and receive a funded account. 

Unlike most firms, Audacity Capital emphasizes long-term trader development. It offers scaling opportunities, educational resources, and favorable profit splits, ensuring traders feel motivated and encouraged. The firm’s funding philosophy mainly focuses on disciplined risk management rather than aggressive wins. Audacity Capital operates on three core principles: building trust through transparency, treating trading as a discipline rather than gambling, and prioritizing longevity over hype.

Many Audacity Capital reviews highlight the firm’s transparency and longevity, but what’s important is understanding trading rules to keep your account. Trading strategies differ, and your style may not be compatible with Audacity Capital’s rules and requirements. 

Is Audacity Capital Legit?

Is Audacity Capital Legit? As per its track record, there are several things that support the firm's credibility. Founded in March 2012, the firm remains one of the longest-established prop trading firms in the industry. Audacity Capital is also transparent when it comes to the company background and leadership. 

Audacity Capital also provides educational content, webinars, trading guidance, and customer support to its traders, ensuring they understand the firm’s requirements before signing up. The firm has built a strong reputation online and has funded traders in more than 140 countries, which contributes to its recognition in the proprietary trading industry. Since 2012, the firm has made $250M in payouts, guaranteeing traders that Audacity Capital challenge programs are achievable and payouts will be made on time. 

While many traders are happy with Audacity Capital services, some traders have raised concerns about rule enforcement, payout delays, and account reviews. This calls for the importance of understanding the firm’s rules and terms before purchasing a challenge. 

Audacity Capital Funding Programs

Audacity Capital offers multiple funding options, and you can always choose one depending on your risk preference or experience level. They include:

How Audacity Capital Works

The Audacity Capital funded trader program follows a simple step-by-step process:

• Step 1: Choose a Funding Program- Select the funding model of your choice. It can be the Audacity Capital Ability Challenge, Ability One, FTP (instant funding), or the free trial. 

• Step 2: Create an Account – Register and purchase your chosen account size.

• Step 3: Complete the Evaluation – Meet the profit target set while complying with the rules to pass your evaluation. 

• Step 4:  Receive a Funded Account – Once approved, you will receive access to your funded trading account. 

• Step 5: Trade and Earn Profits – When you receive a funded account, use the same risk parameters to generate profits and receive the agreed-upon profit split. 

• Step 6: Scale Your Account – Maintain consistent performance and follow the firm's rules to become eligible for larger account sizes through Audacity Capital's scaling plan.

Audacity Capital Challenge Rules

Before purchasing an Audacity Capital Challenge, it is important to understand the firm’s rules so that you can manage your account according to what’s expected.

• Profit Target: Profit target varies depending on your selected program. In the Audacity Capital Ability One, it is 10%; in the Ability Challenge, it is 10% and 5%. 

• Daily Drawdown: You must stay within the maximum daily loss limit to keep your account. It ranges from 3% to 7.5%, depending on the program. 

• Maximum Drawdown: You should also not exceed the overall drawdown limit, which ranges from 6% to 10%, depending on the evaluation program. 

• Minimum Trading Days: The minimum number of trading days for Ability One is 3 days, for Ability Challenge is 4 days, and for the Funded Trader program is 5 days.

• Stop-Loss Requirements: Audacity Capital does not have any mandatory stop-loss requirements for its programs. Traders are completely free to manage their own risk and implement their preferred trading strategies without strict limitations.

• News Trading: Yes, it is allowed. You may hold trades and trade during news events. However, you should avoid opening or adding to positions within 3 minutes before or after any high-impact news, as that can be identified as excessive risk. This applies to all Audacity Capital funded trader programs.

• Weekend Holding: You are allowed to hold positions over the weekend in all programs. 

• Expert Advisors (EAs): EAs are allowed if they follow prohibited-strategy rules and are not sourced from third-party signals.

• Copy Trading & Prohibited Strategies: Some of the prohibited trading practices at Audacity Capital include High-Frequency Trading (HFT), Martingale, Tick Scalping, Hedging Within or Across Accounts, Group Hedging and Coordinated Trading, and Use of Third-Party Expert Advisors (EAs).

Audacity Capital Pricing

Audacity Capital pricing varies depending on the programs and account sizes. Here is the firm’s pricing structure, starting from the lowest to the most expensive account;

Refund Policy: Evaluation fees are fully refundable on Audacity Capital. However, you must successfully complete the evaluation and receive your first profit payout.

Reset Fees: Audacity Capital may not offer a discounted account reset fee on all their programs. You can confirm this information in the checkout before purchasing another funded account. 

Profit Split & Scaling Plan

Aside from affordable challenge programs, Audacity Capital offers competitive profit sharing and a structured scaling plan. Here is what you need to know about the Audacity Capital Payout Structure:

• Starting Profit Split: Traders start with a profit split of 75% and can be increased gradually depending on your trading performance. 

• Maximum Profit Split: Traders can increase profit sharing to 90% through the scaling plan. 

• Scaling Opportunities: Audacity Capital offers an automatic scaling plan that doubles your account size up to a maximum cap of $2,000,000. How you scale depends on your selected funding program. 

• Maximum Account Allocation: Through Audacity Capital's scaling program, traders can manage up to $2 million in allocated capital.

• Key Requirement: To remain qualified for scaling and ongoing Capital payout eligibility, you must demonstrate disciplined risk management. This means you must follow all trading rules, including drawdown limits. 

Audacity Capital Payout Process

Here is how the firm’s payout process works:

• First Payout: You can request a payout once you have reached the 10% target. You will receive 75% of the total profits generated.

• Payout Frequency: Payout is bi-weekly in Audacity Capital. 

• Payment Methods: Audacity Capital supports Bank Transfer, Crypto, PayPal, and Riseworks.

• Processing Time: Profit withdrawal requests are typically processed within 3–5 business days upon the review of the account.

Many traders report receiving successful payouts and commend the firm's payment process. However, some online reviews mention payout delays, disputes related to rule enforcement, and account review. Because these concerns are user-reported experiences and not verified facts, it is ideal to carefully read Audacity Capital's payout terms and trading rules to understand the requirements for maintaining payout eligibility.

Trading Platforms

Audacity Capital supports these trading platforms:

• MetaTrader 5 (MT5): This is a popular trading platform with multiple indicators, order types, and advanced charting tools. It is ideal for beginners and traders who rely on Expert Advisors (EAs). 

• DXtrade: DXTrade is a web-based trading platform that comes with a user-friendly interface, advanced charting tools, and seamless integration. It is well suited for modern traders seeking a browser-based trading experience without the use of additional software installation. 

Tradable Markets

Audacity Capital gives traders access to a diverse range of financial markets, including:

• Forex: Includes major, minor, and exotic currency pairs.

• Indices: NAS100 (Nasdaq 100), DOW30 / US30 (Dow Jones Industrial Average), SP500 (S&P 500 Index), GER30 (DAX 30 / Germany 30.

• Commodities: Trade commodities such as agricultural products and other widely traded raw materials.

• Metals: You can trade Gold (XAU/USD) and Silver (XAG/USD).

• Cryptocurrency: Trade major digital assets, including popular cryptocurrencies, subject to market availability.

• Energy: Access energy markets, including Crude Oil (WTI & Brent) and Natural Gas. 

Trading Conditions

Some common trading conditions at Audacity Capital are: 

• Leverage: Leverage varies by asset class. In FX, indices and metals, it is 1:100. 

• Spreads: Market-based spreads are offered through Audacity Capital's liquidity providers. During peak liquidity hours, they can range from 0.0 to 0.4 pips. 

• Commissions: Trading commissions start from $6 to $10, depending on the asset class. 

• Scalping: Scalping is permitted in Audacity Capital. However, each trade must remain open for a minimum of two minutes.

• Swing Trading: Swing trading is fully allowed and supported at Audacity Capital across all programs.

• Overnight Positions: Overnight holding is also allowed across all funding programs. 

• Weekend Holding: Weekend holdings are allowed throughout both challenge phases and also on the funded account stage of the Ability Challenge, Ability One, and FTP(instant funding).

• News Trading: You may hold trades over the weekend and trade during news events. Simply avoid opening, closing, or adding to positions within 3 minutes before or after any high-impact news release or speech, as that can be identified as excessive risk.

• Hedging: Hedging is classified under the prohibited trading strategies in Audacity Capital. This means placing both buy and sell positions in the same account or across different accounts to minimize risk.

• Expert Advisors (EAs): EAs are allowed if they comply with Audacity Capital’s prohibited-strategy rules and are not sourced from third-party signals.

Pros and Cons 

Weighing the advantages and disadvantages of trading with Audacity Capital is essential as it allows you to determine whether the firm is worth it.

Pros

• It is one of the longest-established prop firms, proving it is a reputable company.

• Offers several funding programs, allowing traders to choose the route they prefer most.

• Profit splits are up to 90%.

• Offers scaling plans, allowing traders to manage huge account sizes.

• Allows news trading, weekend and overnight holding.

• The firm has a proven track record, showing it has made $250M in payouts.

• It provides educational resources, webinars, and free trial accounts.

• Offers supportive customer support.

Cons

• Pricing can be higher for some traders.

• Trading rules vary between programs, requiring traders to review rules for each program carefully.

• Some restrictions apply to news trading. 

• Some trading strategies are prohibited.

• Payout process requires a verification step before funds are disbursed.

• Some traders have reported concerns about payout reviews or rule enforcement.

Real Trader Reviews

Audacity Capital Trustpilot, Reddit, and other community reviews present mixed reactions, but generally, the views are balanced. These are some of the things traders say about Audacity Capital:

Positive Feedback

• Many traders appreciate the firm’s long operating history, which sets it apart from many prop firms in the industry. 

• Traders also report successful, frequent payouts.

• Customer support is also described as responsive and quick in solving issues related to payouts and rules.

• Traders are also happy and satisfied with the onboarding process and the availability of both evaluation and instant funding programs.

Common Complaints

• Some traders feel the trading rules are too strict, especially during account reviews.

• Others complain of poor clarity sounding rules.

• Some report payout disputes after alleged rule violations.

• Some say verification checks delay payouts.

• Others say they didn’t get the best response from the customer support team.

While positive reviews commend the prop firm, severe friction emerges when traders are denied payouts and do not understand all the rules. This is why it is mandatory to review and clarify all the rules before purchasing Audacity Capital challenge programs.

Audacity Capital vs Competitors

Current Offers & Discount Codes

Audacity Capital offers discounts on their accounts frequently and particularly during major events. Some Audacity Capital discount codes may expire without notice, so always verify before purchasing a challenge.

Why Compare Audacity Capital on PFWatch?

Choosing the right firm involves comparing trading rules, challenge fees, and profit splits. It can feel overwhelming, especially if you are a beginner. This is where PFWatch comes in. With the tool, you can quickly compare:

• Pricing across different prop firms

• Trading rules, conditions, restrictions, and requirements 

• Supported platforms of each firm

• Drawdown models and limits

• Profit split, payout schedule and payment/payout methods

• Trader reviews and history of payouts

• Current promotions and discount codes 

Searching for all this information individually is time-consuming, and you may forget others. PFWatch brings what you need in one place, allowing you to find and compare rules quickly. Purchasing an evaluation that doesn’t match your expectations will cost you time, money, and your trading career. Therefore, compare Audacity Capital with other leading prop firms on PFWatch to choose a firm that aligns with your trading style. 

FAQs

Is Audacity Capital legit?

Yes. The firm was founded in 2012, making it one of the longest-running prop firms in the industry. Reviews in online communities show it is a reputable company.

Does Audacity Capital really pay traders?

Yes. The firm has made $250M in payouts. Many traders also report successful payouts with the firm. 

Which funding programs are available?

Funded Trader Program (Instant Funding), Ability Challenge, Ability One, and Free Trial.

What is the maximum funding?

Traders can scale up to $2M with the scaling plan.

What are the drawdown rules?

Audacity Capital drawdown rules vary by funding program. Daily drawdown limits range from 3% to 5%, and the overall limit from 6% to 10%.

Which trading platforms are supported?

MetaTrader 5 (MT5) and DXtrade are the supported platforms.

Can I trade crypto?

Yes. Cryptocurrency is one of the tradable assets in Audacity Capital. 

Can I hold trades overnight?

Yes. Overnight holding is permitted across all funding programs.

Are Expert Advisors allowed?

Yes, provided they comply with Audacity Capital's trading policies.

How often are payouts made?

Bi-weekly. Traders can request a payout after every 2 weeks. 

Is the challenge fee refundable?

Yes, it is refundable on eligible funding programs.

Is Audacity Capital suitable for beginners?

Yes. Beginners can use Audacity Capital. Challenge fees are affordable, and the rules are clear and transparent. However, beginners must practice good risk management to succeed. 

Final Verdict

Audacity Capital has earned a solid business reputation as one of the longest operating firms in the industry. The firm offers both instant and evaluation-based programs, allowing beginner and experienced traders to find what aligns with their trading experience.

With Audacity Capital, traders not only get to trade with large accounts, but they can also qualify for scaling plans and trade up to $2million in funding capital. Profit splits start from 80% and can be increased up to 90%. The firm also upholds transparency and long-term growth over quick gains, which makes it an attractive option for traders seeking a well-established prop firm.

That said, it is still important to review and understand the firm’s rules because they may not align with your trading goals. Some traders have reported concerns about payouts and verification delays. Even though these claims are not verified, it is wise to understand the rules to prevent frustrations. 

Audacity Capital is best suited for traders who value consistent and long-term account growth. You can always compare its pricing, rules, and conditions with other leading prop firms on PFWatch to get what aligns with your goals.