Company Background
Audacity Capital is a proprietary trading firm headquartered in London, United Kingdom. The company offers capital to individual traders who meet specific performance and risk management standards. Its business model centers on prop trading, where traders manage the firm’s funds rather than their own.
The firm operates under the entity Audacity Capital Trading Limited, registered in England. The company is privately owned and not listed on any stock exchange. Audacity Capital operates a direct funding model in which successful applicants receive access to trading accounts without having to deposit their own capital.
Audacity Capital focuses primarily on foreign exchange (forex) markets and claims to provide institutional-grade capital to retail traders. The firm states that it evaluates traders based on skill and discipline rather than initial capital contribution.
Services Offered
Audacity Capital provides structured programs designed to assess and support traders. Each program includes specific guidelines on capital allocation, drawdown limits, profit targets, and withdrawal procedures.
Funded Trader Program
This program enables traders to access live capital immediately after completing an onboarding process. The process includes:
- A formal application
- A video interview
- Trading history or a trading assessment
Key components of the program include:
- Starting capital, generally at $15,000
- 50% profit split
- Weekly or monthly payouts
- No demo evaluation stage
- Scaling plan up to $480,000, contingent on consistent performance
- Maximum drawdown typically capped at 10%
Ability Challenge
This program requires participants to complete a two-phase demo challenge with specific trading targets:
- Phase 1 and 2 require achieving 10% and 5% profit targets, respectively
- Maximum drawdown and daily loss limits apply
- Upon successful completion, the trader is moved to a live account
- Initial capital provided is usually $15,000
- Profit sharing begins upon reaching payout eligibility criteria
Entry into the Ability Challenge involves an upfront fee. This fee varies depending on the account size selected by the trader. Fees are communicated during the registration process.
Trading Conditions
Audacity Capital provides access to trading via the MetaTrader 4 (MT4) platform. This platform supports advanced charting, algorithmic trading, and trade execution. Traders use MT4 accounts configured by the firm’s brokers or liquidity providers.
Permitted trading instruments include:
- Major and minor forex pairs
- Selected CFDs, based on account type and program
Trading is subject to institutional spreads, with no disclosed commissions. Specific leverage ratios apply and are adjusted to meet internal risk criteria. Overnight holding and news trading may be restricted, depending on the program terms.
Trading strategies such as scalping or hedging may be limited. All strategies must comply with the risk management rules defined in the trader agreement.
Account Monitoring and Compliance
Audacity Capital uses automated tracking systems to monitor trader behavior in real-time. Violations of trading rules result in disqualification or account termination. These rules include:
- Maximum drawdown breaches
- Exceeding daily loss thresholds
- Unauthorized use of prohibited strategies
- Non-compliance with position sizing limits
Account compliance is assessed daily. The firm reserves the right to remove traders from programs based on risk assessments. Traders may not receive profit payouts if violations are found.
Fees and Revenue Share
Audacity Capital’s funding programs are structured with specific fees and payout mechanisms:
- The Funded Trader Program typically does not require an evaluation fee but may have service costs.
- The Ability Challenge has a fixed entry fee based on selected capital size.
- Payouts occur monthly, with traders receiving 50% of generated profits.
- Payment methods include bank transfers and other supported financial services.
Profit withdrawals may be subject to identity checks or additional compliance reviews before disbursement. Payouts are calculated net of any trading losses or violations.
Regulatory Status
Audacity Capital is a proprietary trading firm and is not regulated by the UK Financial Conduct Authority (FCA) for investment or advisory services. As a prop firm, it operates under models that do not involve handling retail client funds or offering managed account services.
The firm’s legal obligations are limited to those applicable under UK corporate law, data protection regulations, and anti-money laundering requirements. Audacity Capital does not claim to offer financial advice or portfolio management services.
Security and Privacy
Audacity Capital applies standard security measures to protect user information. The firm’s website is secured with HTTPS protocols and supports encrypted data transmission. All applications, identification documents, and transaction records are managed in accordance with data protection laws.
The firm maintains internal policies to prevent unauthorized access, misuse of personal information, and data breaches. Traders are responsible for securing their account credentials.
Contracts and Disclosures
Traders must agree to a legally binding contract before joining any Audacity Capital program. These contracts include:
- Trading terms and conditions
- Risk management protocols
- Confidentiality agreements
- Termination clauses
- Revenue share terms
Contractual terms are presented digitally, and acceptance is required before account activation. Audacity Capital reserves the right to modify agreements and program structures. Traders are informed of any material changes through formal communication channels.
Final Notes
Audacity Capital operates exclusively as a prop trading firm. It does not offer investment services, client fund management, or financial products. Participation in its programs is contingent on trader performance, risk adherence, and contractual compliance. All agreements are structured to protect the firm’s capital while providing performance-based rewards to traders.
