AudaCity Capital broker Accounts

Audacity Capital Account Types

　　Audacity Capital offers two main account types tailored for different levels of traders: the Funded Trader Program and the Ability Challenge.

Funded Trader Program

Initial Account Size: Ranges from $15,000 to $480,000.
Profit Target: Traders must achieve a 10% profit target to scale their accounts.
Profit Sharing: Initial profit split starts at 50/50, which can increase to 75% based on performance.
Maximum Drawdown: Set at 10% of the account balance.
Leverage: Up to 1:100 for forex trading.
Trading Restrictions: No trading during major news events.
Evaluation Duration: No specific time limit to achieve the profit target.

Ability Challenge

Initial Account Size: Starts at $15,000.
Evaluation Process: Two phases:
Phase 1: Achieve a 10% profit target within a specified timeframe.
Phase 2: Achieve a 5% profit target after completing Phase 1.
Profit Sharing: Up to 90% of profits after successful completion of both phases.
Maximum Drawdown: Set at 10%.
Leverage: Up to 1:30.
Trading Flexibility: Traders can choose their strategies but must adhere to profit targets and drawdown limits.

Audacity Capital Broker Account Opening Process

　　To open an account with Audacity Capital, follow these steps:

Registration:

Complete the online registration form, providing your trading experience, strategy, and existing account balance. This process takes just a few minutes.

Interview:

After submitting your application, you will be scheduled for a telephone or face-to-face interview where your trading strategy and history will be discussed.

Results:

You will receive feedback within 24 hours regarding your application status. If successful, you will be sent a contract and relevant fee details.

Payment of Costs:

Pay the initial fee, which is £199 for the Funded Trader Program. For the Ability Challenge, fees range from £149 to £629 depending on the account size.

Access to Trading:

Once the contract is signed and payment is completed, you will receive your login details to access your trading account and can begin trading immediately.