Audacity Capital is a firm known for offering opportunities to traders who want to take their trading skills to the next level. Founded in 2012, the company, officially named Audacity Global LTD., is registered in London, England, with its main office located at One Canada Square, Level 8, Office 8.05. Led by CEO Karim Yousfi, Audacity Capital has made its mark in the financial trading industry by providing various programs that empower traders.

Audacity Capital’s Trading Programs

Audacity Capital offers different programs for traders, each designed to cater to varying levels of experience and trading styles. The two main challenges are the Ability Challenge and the Funded Trader Challenge.

The Ability Challenge

The Ability Challenge is a two-phase evaluation program that allows traders to prove their skills before trading with live capital. In Phase 1, traders must achieve a profit target of 10% without exceeding a maximum daily drawdown of 7.5% or an absolute drawdown of 15%. If successful, they move on to Phase 2, where the profit target is reduced to 5%, but the drawdown limits are stricter, with a maximum daily drawdown of 5% and an absolute drawdown of 10%.

This challenge doesn't impose a time limit on trading, which is a unique feature compared to other similar programs. Traders can select from various account sizes, ranging from $10,000 to $240,000.

The Funded Trader Challenge

The Funded Trader Challenge is designed for those who are ready to trade live with real money immediately. Traders must have at least three profitable trading days out of a minimum of five trading days. The challenge has a daily drawdown limit of 5% and a maximum absolute drawdown of 10%, with a profit target of 10%. Traders are allowed to trade various assets, including forex, indices, and gold, with a leverage of 1:30.

This program does not allow trading during news events, which is something traders need to be mindful of. Successful traders can start with an account size of $7,500, $15,000, or $60,000, and there is a profit-sharing arrangement that allows traders to keep up to 80% of their profits.

Funding Traders Since 2012

Since its inception, Audacity Capital has focused on empowering traders by offering them the resources they need to succeed. The firm’s programs are designed to give traders access to live trading environments with customizable initial capital. The Ability Challenge, Funded Trader Program, and other initiatives provide opportunities for traders to showcase their skills and grow their accounts.

How to Join Audacity Capital

Audacity Capital is open to traders from diverse backgrounds who have a proven trading strategy and are ready to advance their trading careers. The process to join is straightforward and does not require traders to be physically present at the firm’s trading floor in London, as all trading can be done remotely.

The firm offers both live and demo accounts, giving traders the flexibility to choose based on their confidence and experience level. For those who prefer to test their skills first, the Ability Challenge offers a demo account that, upon successful completion, transitions to a live trading account with the chosen capital size.

No Liability for Losses

One of the features that stand out at Audacity Capital is the absence of liability for losses in the live trading accounts. This means that traders are not personally responsible for any losses incurred during their trading activities, which can significantly reduce the pressure and risk associated with trading.

No Commissions or Swaps

Audacity Capital provides an environment free of commissions and swaps, which can be a considerable advantage for traders, particularly those involved in long-term trading. However, in the Ability Challenge, traders are responsible for commissions and swaps.

Audacity Capital’s Global Reach

With a global presence, Audacity Capital has made significant strides in the trading industry. The firm reports a volume traded of $2.4 billion, with a maximum monthly payout of $2.82 million, and operates in over 140 countries. These numbers reflect the firm’s wide reach and influence in the global financial markets.

Commitment to Social Responsibility

Audacity Capital prides itself on being socially responsible. The firm is committed to ensuring that its operations are environmentally friendly and invests in educating people about the financial markets. This commitment to social responsibility is part of the firm’s broader mission to foster positive and sustainable growth in the industry.

Diversity and Inclusion

Audacity Capital values diversity and inclusion, recognizing that different backgrounds, experiences, and perspectives can enhance trading performance. The firm welcomes traders from all walks of life and believes that this diversity contributes to a richer trading environment.

Knowledge Sharing and Long-Term Relationships

At Audacity Capital, knowledge sharing is encouraged, and traders are expected to stay informed about market trends and opportunities. The firm is focused on building long-term relationships with its traders, providing them with the best possible environment to thrive and succeed.

Specialized Expertise

Audacity Capital operates as a principal trading firm, meaning it trades with its own capital and does not handle clients' funds. The firm’s strategies are based on publicly available information and are designed to be transparent and straightforward. This approach aligns with the firm’s commitment to fair and orderly markets.

Conclusion

Audacity Capital has established itself as a reputable player in the proprietary trading industry, offering a range of programs that cater to traders at different stages of their careers. By providing access to substantial capital, a supportive trading environment, and a commitment to social responsibility, the firm has created opportunities for traders to excel.

Whether you are an experienced trader looking to scale up or someone new to the industry, Audacity Capital offers pathways to achieve your trading goals. The firm’s focus on diversity, knowledge sharing, and long-term relationships ensures that traders are well-supported in their journey.