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For more information about AudaCity Capital Forex Broker company profile, come to WikiBit!

Rating Index

Pros

No minimum trading days or deadlines, allowing traders flexibility in their trading approach.
Educational resources available, providing valuable support for traders looking to improve their skills.
Integration with popular trading platforms like MetaTrader 4 and 5, facilitating a seamless trading experience.

Cons

The profit split of 50/50 in the funded trader program trails behind competitors that offer higher splits, making it less attractive for some traders.
High initial and monthly fees, which may deter new traders or those with limited capital.
Some users report limited asset trading options, which could restrict trading strategies for certain traders.

AudaCity Capital Company

Audacity Capital Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Audacity Capital was founded in 2012 with the mission to empower traders by providing them with the necessary capital and resources to succeed in the financial markets. The company has established itself as a prominent player in the proprietary trading space, focusing primarily on forex trading.

Parent Company/Owning Structure

Audacity Capital operates under the umbrella of Audacity Global Limited, which is registered in the United Kingdom. This ownership structure allows for a focused approach towards trader support and capital management.

Headquarters Location

The company is headquartered in London, United Kingdom, specifically at The Frames, 1 Phipp Street, Shoreditch, EC2A 4PS. This strategic location places Audacity Capital at the heart of one of the worlds leading financial centers.

Global Business Scope

Audacity Capital has a global reach, catering to traders from over 140 countries. The firm focuses on providing funding opportunities for forex traders, allowing them to trade with significant capital without risking their own funds.

Main Regulatory Bodies

While Audacity Capital itself does not conduct regulated activities, it partners with regulated clearing firms. As such, it operates under the regulatory frameworks applicable to its partners, ensuring that all trading activities adhere to industry standards.

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2. Company History and Development

Key Milestones

  • 2012: Audacity Capital was established, focusing on empowering traders through funding.
  • 2014: The company was officially incorporated, solidifying its operations in the UK.
  • 2020: Audacity Capital received the International Investor Award for Excellence in Trading Innovation.

Business Expansion Journey

Since its inception, Audacity Capital has expanded its operations significantly, growing its global footprint and increasing the number of funded traders. The firm has developed a reputation for being a reliable partner for forex traders seeking capital.

Customer Base Growth

Over the years, Audacity Capital has funded more than 5,000 traders, showcasing its commitment to helping individuals achieve their trading goals. The firms customer base continues to grow as it attracts traders from various backgrounds and experience levels.

Platform Development History

Audacity Capital primarily utilizes the MetaTrader 4 (MT4) platform for trading. The firm has invested in technology to ensure traders have access to a robust trading environment, with features that support effective risk management and trade execution.

Important Awards or Recognitions Received

Audacity Capital has garnered several awards, including the International Investor Award for 2020. These accolades reflect the firms commitment to excellence and innovation in the trading industry.

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3. Trading Services Offered

Forex Trading Options

Audacity Capital specializes in forex trading, offering a wide range of currency pairs. Traders can access major, minor, and exotic pairs, allowing for diverse trading strategies and opportunities. The firm provides leverage of up to 1:30 for forex trading.

Stock Trading Options

Currently, Audacity Capital does not support stock trading. The firm focuses solely on forex trading, which helps streamline its services and expertise.

CFD Trading Products

Audacity Capital does not offer Contracts for Difference (CFDs) on stocks or commodities. The firm's primary focus remains on forex trading, ensuring traders can concentrate on currency markets.

Other Financial Instruments

As of now, Audacity Capital does not provide trading options for cryptocurrencies or commodities. The firms strategy is to maintain a clear focus on forex trading, allowing for specialized support and resources.

Special Services or Unique Advantages

Audacity Capital offers several unique advantages to its traders, including:

  • Instant Funding: Traders can gain access to funded accounts without the need for lengthy evaluation processes.
  • Profit Sharing: The firm operates on a 50/50 profit-sharing model, which is competitive within the industry.
  • Risk Management Support: Traders benefit from robust risk management practices and educational resources, enhancing their trading capabilities.

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Detailed Regulatory Information

Audacity Capital operates in compliance with the regulations set forth by its partnered clearing firms. While it does not directly conduct regulated trading activities, it adheres to the standards required by relevant regulatory bodies in the UK.

Audacity Capital is structured as a private limited company under UK law. This legal framework supports its operations and provides a clear governance structure.

Client Fund Protection Measures

Although Audacity Capital does not handle client funds directly, it ensures that all trading activities are conducted through regulated entities. This partnership model provides an additional layer of security for traders.

Countries/Regions Served

The firm serves traders from over 140 countries, making it a truly global player in the proprietary trading space. This extensive reach allows Audacity Capital to tap into diverse trading talent and strategies.

Compliance History

Audacity Capital has maintained a strong compliance record, aligning its operations with industry best practices. The firms commitment to transparency and ethical trading practices has contributed to its positive reputation in the market.

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5. Competitive Landscape

3-5 Main Competitors

  • FTMO: A well-known proprietary trading firm that offers funding through evaluation challenges.
  • TopstepFX: Focuses on forex trading and provides a structured evaluation process for traders.
  • The5ers: Offers funding options for forex traders with a unique scaling plan.

Positioning in the Industry

Audacity Capital positions itself as a trader-centric firm, focusing on empowering forex traders with direct access to capital. The firms unique offerings, such as instant funding and robust support, differentiate it from competitors.

Market Differentiation Factors

Audacity Capital stands out in the proprietary trading landscape due to:

  • Instant Funding Options: Unlike many competitors that require extensive evaluation processes, Audacity Capital provides immediate access to funded accounts for qualified traders.
  • Focused Expertise: The firms exclusive focus on forex trading allows for specialized support and resources tailored to currency markets.
  • Strong Community Support: Audacity Capital fosters a collaborative environment for traders, emphasizing mentorship and shared success.

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In conclusion, Audacity Capital has established itself as a reputable and innovative proprietary trading firm, offering unique funding opportunities for forex traders worldwide. With a strong focus on trader empowerment and support, the firm continues to grow its global presence and enhance its services. For those interested in learning more about the opportunities available at Audacity Capital, additional information can be found on their official website.