AudaCity Capital Forex Broker

Audacity Capital Broker - Complete Information Guide

1. Company Overview

　　Audacity Capital, founded in 2012, is a proprietary trading firm based in London, UK. It operates under the legal entity Audacity Global Ltd, registered with company number 08865122. As a private entity, Audacity Capital focuses on funding skilled traders who demonstrate proficiency in forex trading. Over the years, the firm has developed a strong reputation for empowering traders, with its services catering to a diverse clientele that spans over 140 countries. The company has funded thousands of traders, enabling them to trade with substantial capital.

　　The firms growth trajectory has been marked by significant milestones, including processing over £2.4 billion in trading volume and achieving an average monthly payout of £2.8 million. It has also garnered recognition in various financial media outlets and received awards for its excellence in professional trading. The business model of Audacity Capital is centered around providing traders with access to funded accounts, allowing them to trade without risking their own capital while sharing profits generated from successful trades.

　　Audacity Capital broker stands out in the proprietary trading landscape by offering flexible funding options, educational resources, and a commitment to trader success.

2. Regulatory and Compliance Information

　　Audacity Capital operates primarily under the regulatory framework of the UK, although it is important to note that as a proprietary trading firm, it is not required to be regulated by financial authorities like the Financial Conduct Authority (FCA). The firm does not handle client funds directly nor offer traditional brokerage services, which exempts it from certain regulatory obligations. However, it partners with regulated liquidity providers to ensure compliance with necessary trading standards.

　　The firm adheres to stringent KYC (Know Your Customer) and AML (Anti-Money Laundering) policies, ensuring that all traders are verified and compliant with legal requirements. While Audacity Capital does not participate in any investor compensation schemes, the funds are maintained in segregated accounts, providing an additional layer of security for traders.

　　In summary, while Audacity Capital broker is not directly regulated, its operational practices align with industry standards, and it follows robust compliance measures to protect traders' interests.

3. Trading Products and Services

　　Audacity Capital primarily focuses on forex trading, offering a wide range of major and minor currency pairs. The firm allows traders to access various financial instruments, including:

• Forex Currency Pairs: Major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as numerous cross-currency pairs.
• CFD Products: While the primary focus is on forex, traders can access indices and commodities once they reach higher account tiers (specifically, starting from the $120,000 account).
• Special Products: The firm does not specifically highlight unique trading products but emphasizes its commitment to providing access to a variety of forex pairs and, eventually, other asset classes.

　　Audacity Capital is notable for its competitive pricing structure, with no commissions or swap fees, which enhances the trading experience. The firm continuously updates its product offerings based on trader demand and market trends.

4. Trading Platforms and Technology

　　Audacity Capital supports the widely-used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are equipped with advanced trading tools, allowing traders to execute trades efficiently and analyze market conditions comprehensively. The firm does not offer proprietary trading software outside of these platforms, focusing instead on providing a robust trading experience through MT4 and MT5.

• Web-based Trading: Audacity Capital provides a web-based version of MT4, allowing traders to access their accounts from any device with internet connectivity.
• Mobile Applications: Both MT4 and MT5 are available on iOS and Android, enabling traders to manage their accounts on the go.
• Execution Model: The firm operates on a commission-free model, utilizing an institutional liquidity provider that ensures tight spreads and fast execution times.

　　The infrastructure supporting Audacity Capitals trading operations is designed to facilitate high-speed transactions and maintain a stable trading environment, which is crucial for traders looking to capitalize on market movements.

5. Account Types and Trading Conditions

　　Audacity Capital offers two main account types, each designed to cater to different trader profiles:

Funded Trader Program

• Initial Deposit: Starts at $15,000.
• Profit Split: 50% for the firm, 50% for the trader.
• Maximum Drawdown: 10% of the account balance.
• Trading Instruments: Primarily forex pairs; access to commodities and indices is granted at higher account levels.
• Fees: A one-time joining fee of £298 and a monthly subscription fee of £99.

Ability Challenge

• Initial Deposit: Starts at $15,000.
• Profit Split: 75% for the trader after passing the challenge.
• Profit Target: 10% in both phases of the challenge.
• Maximum Drawdown: 15% in the first phase, reduced to 10% in the second phase.
• Fees: A refundable fee of £149 to enter the challenge.

　　Traders can enjoy flexibility in trading strategies, with no minimum trading days required to reach profit targets. The ability to double the account size upon hitting a 10% profit target is a significant incentive for traders.

6. Fund Management

　　Audacity Capital supports various deposit methods, including:

• Bank Transfers
• Credit/Debit Cards
• Electronic Wallets (e.g., PayPal, Bitcoin)

　　The minimum deposit requirement varies by account type, starting from £149 for the Ability Challenge. Deposits are typically processed within a few business days, and there are no fees associated with deposits.

　　For withdrawals, traders must meet the 10% profit target to initiate a request, which can be processed through the trader's dashboard. Withdrawals are generally completed within 48 hours, with various methods available, including bank transfers and electronic wallets.

　　The fee structure includes a monthly subscription fee of £99 and a one-time joining fee of £298, which supports the operational costs of the firm.

7. Customer Support and Educational Resources

　　Audacity Capital offers comprehensive customer support through multiple channels, including:

• Phone Support: Available at +44 20 8050 1985.
• Email Support: Traders can reach out via support@audacitycapital.co.uk.
• Social Media: The firm maintains active profiles on platforms like Facebook, Twitter, and LinkedIn.

　　Support is available 24/7, although response times may vary. The firm provides a range of educational resources, including:

• Webinars and Tutorials: Covering various trading topics and strategies.
• Market Analysis Services: Offering insights into market trends and conditions.
• Trading Tools: Including calculators and economic calendars.

　　These resources are designed to enhance traders' skills and knowledge, making Audacity Capital a well-rounded choice for both novice and experienced traders.

8. Regional Coverage and Restrictions

　　Audacity Capital serves a global market, with a strong presence in the UK, the United States, India, Nigeria, and Morocco. However, it does not accept clients from certain countries due to regulatory restrictions, including:

• United States
• Syria
• Iran
• North Korea

　　The firm operates with a focus on providing funding to skilled traders while ensuring compliance with regional regulations. This selective approach helps maintain a high standard of trading practices within the firm.

　　In conclusion, Audacity Capital broker presents a viable option for traders seeking funding opportunities and educational resources in the forex market. With its structured programs and transparent policies, it stands out as a reputable choice in the proprietary trading landscape.