Reviewed by PropFirm201 Research Team·At a Glance
Audacity Capital Homepage
Pricing & Challenge Types
Ability Challenge
2 phases · 75% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $10,000 | $90 | 10% | 5% | 7.5% | 15% |
| $15,000 | $130 | 10% | 5% | 7.5% | 15% |
| $30,000 | $230 | 10% | 5% | 7.5% | 15% |
| $60,000 | $320 | 10% | 5% | 7.5% | 15% |
| $120,000 | $540 | 10% | 5% | 7.5% | 15% |
| $240,000 | $1090 | 10% | 5% | 7.5% | 15% |
Ability One
1 phase · 75% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $10,000 | $90 | 10% | 7.5% | 15% |
| $15,000 | $130 | 10% | 7.5% | 15% |
| $30,000 | $230 | 10% | 7.5% | 15% |
| $60,000 | $320 | 10% | 7.5% | 15% |
| $120,000 | $540 | 10% | 7.5% | 15% |
| $240,000 | $1090 | 10% | 7.5% | 15% |
Funded Trader Program
0 phases · 50% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $7,500 | $329 | N/A | 5% | 10% |
| $15,000 | $649 | N/A | 5% | 10% |
| $60,000 | $2399 | N/A | 5% | 10% |
Audacity Capital Plans Page
Pros & Cons
Pros
- One of the longest-running prop firms, established in 2012 with over 13 years of operation
- Profit split scales up to 90% based on performance milestones
- Account scaling plan doubles balance for every 10% profit, up to $2 million
- No time limits on evaluation phases
- Refundable challenge fee on first successful payout
- Physical offices in London, Dubai, and Limassol
Cons
- Relatively high fees for the Funded Trader Program instant funding option
- Limited instrument selection with only 32 tradable assets
- Monthly platform fee of £99 on funded accounts
- Lower initial profit split of 50% on Funded Trader Program
- News trading restricted with 30-minute cooldown around high-impact events
Trading Rules
About Audacity Capital
Audacity Capital is one of the most established proprietary trading firms in the industry, founded in 2012 and headquartered at 25 Cabot Square, Level 11, Canary Wharf, London. With over 13 years of continuous operation, the firm has built a strong reputation for legitimacy and reliability in a sector where many competitors come and go within a few years.
The company has expanded beyond London with additional offices in Dubai and Limassol, Cyprus. Audacity Capital has funded over 500,000 traders across more than 140 countries and has distributed over $245.5 million in total payouts. The firm operates under a clear mission of empowering skilled traders by providing access to institutional capital.
Audacity Capital offers two primary funding paths: the Ability Challenge, a two-stage evaluation designed for newer traders, and the Funded Trader Program, which grants direct funding to experienced traders without requiring an evaluation phase. Both paths lead to live funded accounts with scaling potential up to $2 million.
The firm supports trading on MetaTrader 5 and DXTrade platforms, with leverage up to 1:100 on evaluation accounts. Tradable instruments include major and minor forex pairs, select indices, and gold, totaling approximately 32 assets. While the instrument selection is narrower than some competitors, the focus on forex and key indices aligns with the firm's core expertise.
Audacity Capital has positioned itself as a premium, trust-first prop firm. The physical presence in major financial hubs, the long operational history, and the transparent fee structure all contribute to its standing as one of the more credible options available to aspiring funded traders.
How Audacity Capital Works
Audacity Capital provides two main routes to funded trading:
-
Ability Challenge (Two-Phase Evaluation): Traders complete a two-stage evaluation on a demo account. Phase 1 requires hitting a 10% profit target with a 7.5% daily loss limit and 15% maximum drawdown. Phase 2 requires a 5% profit target with tighter risk limits of 5% daily loss and 10% maximum drawdown. A minimum of 4 trading days is required, but there is no maximum time limit. Upon passing both phases, traders receive a live funded account.
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Ability One (Single-Phase Evaluation): A streamlined one-phase challenge with a 10% profit target and the same risk parameters as Phase 1 of the Ability Challenge.
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Funded Trader Program (Instant Funding): Experienced traders can bypass the evaluation entirely and receive direct funding starting at $7,500 up to $60,000. This path has a 50/50 profit split and higher upfront fees, but provides immediate access to live trading capital.
Once funded through the Ability Challenge path, traders start with a 75% profit split that can scale up to 90% based on consistent performance. Account balances double every time a trader achieves a 10% profit target, with scaling potential up to $2 million.
Pricing & Plans
Ability Challenge (Evaluation):
- $10,000 account: $90
- $15,000 account: $130
- $30,000 account: $230
- $60,000 account: $320
- $120,000 account: $540
- $240,000 account: $1,090
Funded Trader Program (Instant Funding):
- $7,500 account: $329
- $15,000 account: $649
- $60,000 account: $2,399
All challenge fees are 100% refundable upon the first successful payout from a funded account. Funded accounts also carry a one-off joining fee of £199 and a monthly platform fee of £99.
Rules & Restrictions
- Daily Drawdown: 7.5% during Challenge phase, 5% during Verification and Live
- Maximum Drawdown: 15% during Challenge, 10% during Verification and Live
- Minimum Trading Days: 4
- Maximum Trading Days: No time limit
- Leverage: Up to 1:100 (Ability Challenge), 1:30 (Funded Trader Program)
- News Trading: Allowed, but traders must avoid opening or closing positions within 3 minutes of high-impact news events. Funded Traders have a 30-minute cooldown.
- Weekend Holding: Permitted
- Expert Advisors: Allowed if compliant with prohibited strategy rules
- Copy Trading: Allowed between your own Audacity accounts only
- Hedging: Permitted for risk management purposes only
- Prohibited Strategies: Martingale and grid trading
Payouts
Payouts are processed bi-weekly (every 14 days) after approval. Audacity Capital offers same-day processing upon approval, with funds distributed via PayPal, cryptocurrency, or bank transfer. KYC verification is required before the first withdrawal. The profit split structure varies by program:
- Ability Challenge path: 75% base split, scaling to 85% when profits exceed 10%, and up to 90% under the scaling plan
- Funded Trader Program: 50% profit split, with potential to increase based on performance
- Speed bonus: Traders who hit targets in under 30 days may receive a higher split (up to 60% vs 50%)
Is Audacity Capital Legit?
Audacity Capital is widely considered one of the most legitimate prop trading firms in operation. Founded in 2012, it has one of the longest track records in the industry. The firm maintains physical offices in London's Canary Wharf, Dubai, and Limassol, which provides accountability rarely seen in the prop firm space. With a 4.3 out of 5 Trustpilot rating from over 1,063 reviews and more than $245.5 million in total payouts, the firm has demonstrated consistent reliability. Traders Union rates Audacity Capital with an overall score of 8.1 out of 10. While some negative reviews mention concerns about the verification process and occasional support delays, the overwhelming majority of feedback is positive.
FAQ
What is Audacity Capital?
Audacity Capital is a UK-based proprietary trading firm founded in 2012 that provides funded trading accounts to skilled traders. The firm offers both evaluation-based challenges and instant funding programs, with account sizes ranging from $7,500 to $240,000 and scaling potential up to $2 million.
How much does Audacity Capital cost?
The Ability Challenge starts at $90 for a $10,000 account and goes up to $1,090 for a $240,000 account. The Funded Trader Program (instant funding) starts at $329 for $7,500 and goes up to $2,399 for $60,000. All fees are refundable upon the first successful payout. Funded accounts have an additional joining fee of £199 and monthly platform fee of £99.
What is Audacity Capital's profit split?
The profit split depends on the funding path. Ability Challenge traders start at 75% and can scale up to 90% based on performance. Funded Trader Program participants begin with a 50% split. Speed bonuses may apply for traders who reach targets quickly.
Does Audacity Capital allow EAs/bots?
Yes, Expert Advisors are permitted on Audacity Capital accounts, provided they comply with the firm's prohibited strategy rules. Martingale, grid trading, and third-party signal services are not allowed.
Is Audacity Capital available in the US?
Audacity Capital primarily serves traders outside the United States. US-based traders should verify eligibility directly with the firm, as certain regulatory restrictions may apply.