Company Information

• Company Name: Audacity Capital
• Company Legal Name: Audacity Global LTD.
• Company Registration No.: 11652683
• Operating Since: 2012
• CEO: Karim Yousfi

Audacity Capital, also known as Audacity Global LTD., is a premier prop trading firm established in 2012 and headquartered in London. Founded by Karim Yousfi, this company has garnered a solid reputation in the trading community, particularly for its dedication to helping traders succeed with fully funded accounts. Through the Ability Challenge and the Funded Trader Program, Audacity Capital provides promising traders with access to significant funding and a pathway to professional growth.

Challenge Details

Audacity Capital offers two primary funding programs, the Ability Challenge and the Funded Trader Program. Here are the details :-

Ability Challenge

Pricing:

• $10,000 Account: $129
• $15,000 Account: $189
• $30,000 Account: $339
• $60,000 Account: $459
• $120,000 Account: $779
• $240,000 Account: $1,559

Rules:

• Profit Target (Phase 1): 10%
• Profit Target (Phase 2): 5%
• Max Daily Drawdown (Phase 1): 7.5%
• Max Daily Drawdown (Phase 2): 5%
• Max Absolute Drawdown (Phase 1): 15%
• Max Absolute Drawdown (Phase 2): 10%
• Profit Share: Up to 95%
• Time Limit: Unlimited
• Leverage: 1:100
• Max Lot Size: No limit
• Payout Frequency: Every 14 days
• Allows Copy Trading: No
• Minimum Trading Days: 4 days

Funded Trader Program

Pricing:

• $7,500 Account: $329
• $15,000 Account: $649
• $60,000 Account: $2,399

Rules:

• Profit Target: 10%
• Total Loss: 10%
• Daily Loss: 5%
• Profit Share: Up to 95%
• Time Limit: Unlimited
• Leverage: 1:30
• Max Lot Size: No limit
• Payout Frequency: Every 14 days
• Allows Copy Trading: No
• Minimum Trading Days: 4 days

Profit Share Model

• For $7.5k, $15k, $30k, and $60k Account Sizes:
  • More than 30 Days to Reach Target: 50% profit share
  • Less than 30 Days to Reach Target: 60% profit share
• For $120k and $240k Account Sizes:
  • More than 30 Days to Reach Target: 60% profit share
  • Less than 30 Days to Reach Target: 70% profit share
• For $480k, $960k, and $1.92M Account Sizes:
  • More than 30 Days to Reach Target: 70% profit share
  • Less than 30 Days to Reach Target: 80% profit share

Scaling Plan

Audacity Capital's Scaling Plan is an attractive feature for their consistent Traders. Traders who show consistent profitability can double their account size over time. To be eligible, Traders must make at least 2.5% monthly profit for three consecutive months. After that, their account size will be increased by 100% of their initial balance. The trader's account will be reviewed every 3 months with at least one withdrawal in each period and based on that, the account size will be increased again.

Spreads and News Trading Rules

Spreads

Audacity Capital offers a transparent structure for spreads, allowing traders to test them in a read-only demo account.

• Account Number: 54555
• Password: Yq!8YsYa
• Server: AudaCityGlobal-Live
• Platform Download: Download MT5

News Trading Rules

Audacity Capital does not allow trading around major news events. No positions should be open during significant events like Non-Farm Payroll releases, interest rate decisions, or central bank announcements. Traders will  receive email notifications ahead of time, with a 30-minute waiting period after events.

Other Important Rules

Daily Drawdown Calculation

The daily drawdown is calculated based on the balance or equity whichever is higher at the end of the day resets every day at 12 AM GMT+2. This drawdown is based on the EOD balance which means the drawdown limit will remain static throughout the day and drawdown limit increases or decreases based on the account balance.

Countries Banned from Purchasing

Audacity Capital does not offer services to residents of :

• United States
• Syria
• Iran
• North Korea.

Prohibited Trading Strategies

Audacity Capital prohibits few trading strategies to ensure fair trading and market stability:

• High-Frequency Trading (HFT)
• Hedging or Group Hedging Across Multiple Accounts
• Martingale Trading

Payout Methods

Audacity Capital offers a range of payout options for traders:

• Wire Transfer
• Wise
• Crypto
• PayPal

Trading Commissions

• For Ability Challenge Accounts: $5 per lot
• For Funded Trader Program Accounts: $0 per lot

IP Rule

Audacity Capital does not restrict trading with multiple IP addresses. However, if a trader plans to travel outside their country, they are advised to notify the support team.