Audacity Capital is an established prop trading firm based in the UK, offering funded trading accounts to global clients. This 2023 review covers how the funded trader program works, account rules, associated fees, and withdrawal payouts. Find out how to get funded with AudaCity Capital.
About AudaCity Captital
AudaCity Capital, established in 2012, is a prop trading firm that focuses on building enduring relationships with traders. With its headquarters in London, UK, the company offers trading opportunities in forex, commodities, and indices through the widely acclaimed MetaTrader 4 (MT4) platform. Operating in over 140 countries, AudaCity Capital has gained global recognition, receiving accolades from renowned financial institutions such as MarketWatch, Reuters, Bloomberg, and CNBC.
What's Unique about AudaCity Capital?
Funded Trader Program: AudaCity Capital offers a unique funded trader program, providing capital to traders for profit generation.
Interview-based Application Process: Traders undergo an interview-based application process, allowing the firm to assess their experience and trading strategies.
Fully-funded Live Trading Profiles: Traders receive fully-funded live trading profiles with varying account sizes.
Scaling Plan: AudaCity Capital implements a scaling plan where capital is doubled for every 10% profit target met.
Supportive Features: The firm provides supportive features like the Ability Challenge and Hidden Talents program for new or inexperienced traders.
Pros and Cons of AudaCity Capital
Pros:
Instant account funding.
No commissions or swap fees.
Payout on every 10% profit target met.
Comprehensive educational content and additional courses.
Positive user reviews and industry recognition.
Ability Challenge and Hidden Talents program for inexperienced traders.
Cons:
£199 joining fee.
Limited to one platform (MT4).
Training fees for some packages.
Profit share limited compared to competitors.
Thorough interview process may deter potential traders.
Forex trading only until a minimum account balance is reached.
No weekend trading or positions during major news events.
The Final Score
AudaCity Capital could be an exciting prospect for skilled traders looking to increase their investment capital and experience. The funded trader program provides competitive trading conditions, including no commission charges and comprehensive educational resources. The proprietary Ability Challenge and Hidden Talents programs are also ideal for upcoming talent. This is a major player in the prop firm market and is worth checking out.
Getting Started
To embark on your journey as a Audacity Capital Trader, simply follow these steps to register and kickstart your trading career:
Click here to visit the Website and use Coupon Code: propup to receive your exclusive propuptrading discount.
Apply to the Program: Complete the online registration form to apply for the funded trader program. Provide details about your trading experience, account balance, risk management skills, and current strategy.
Attend an Interview: Based on your application, AudaCity Capital will schedule a telephone or face-to-face interview. During the interview, you will have the opportunity to discuss your trading history and strategy.
Receive Feedback and Sign a Contract: After the interview, you will receive feedback within 24 hours. If successful, AudaCity Capital will send you a contract and provide relevant fee details via email.
Start Trading: Once you have signed the contract and completed the payment, AudaCity Capital will promptly send you the login details for your trading account. With the provided login, you can start trading on the platform.
Meet Requirements: AudaCity Capital looks for traders with a minimum of three to six months of live trading experience. Demonstrating profit consistency, risk management skills, and stability in following a strategy or trading plan increases your chances of achieving a live-funded profile.
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