Overview
Audacity Capital is a well-established proprietary trading firm specializing in Forex, founded in 2012 in the United Kingdom. With a high drawdown limit of 15% and a profit split of up to 90%, the firm stands out in the market. Its long history and competitive offerings make it an attractive option for traders.
Challenge Structure & Pricing
The firm's evaluation process involves a 2-step challenge, which may deter some traders. The starting price for this challenge is $42, a relatively affordable entry point. However, the initial profit split is 75%, lower than some competitors. The firm's pricing and challenge structure are generally in line with industry standards, but the 2-step process may be a barrier for some.
Profit Split & Payouts
Audacity Capital offers a profit split of up to 90%, which is competitive in the market. The payout frequency is every 14 days, providing traders with regular income. The firm also offers same-day payouts, a notable advantage. However, the lower starting profit split of 75% may be a drawback for some traders.
Trading Conditions
The firm supports two platforms, DxTrade and MT5, offering traders a choice of trading environments. Audacity Capital provides access to a range of assets, including Forex, Indices, Metals, Crypto, and Energy. The maximum drawdown of 15% is one of the highest in the market, giving traders more flexibility. However, there is a 3-minute news buffer restriction, which may limit trading opportunities during major news events.
Trust & Reputation
Audacity Capital has a Trustpilot score of 3.3/5, based on 1060 reviews. While the score is not exceptionally high, the large number of reviews suggests a significant and established presence in the market. The firm's payout track record and same-day payout feature contribute to its reputation as a reliable partner for traders.
Who Is It Best For?
Audacity Capital is best suited for experienced traders who can navigate the 2-step challenge and are looking for a firm with a high drawdown limit and competitive profit split. The firm's features, such as same-day payouts and a free trial, also make it an attractive option for traders who value flexibility and want to test the waters before committing.
The Bottom Line
Audacity Capital is a reputable proprietary trading firm with a long history and competitive offerings. While it has some drawbacks, such as the 2-step challenge and lower starting profit split, the firm's high drawdown limit, same-day payouts, and competitive profit split make it an attractive option for experienced traders. With its established presence in the market and range of features, Audacity Capital is a solid choice for traders looking for a reliable partner.
This review was generated by AI based on publicly available data and may not reflect the most recent changes.
