If you’re looking for a proprietary forex trading firm, then Audacity Capital might be on your radar. The company offers a funded trader program that allows traders to start with an initial capital of $15,000 and double their account to $30,000 by reaching a 10% profit target. But is Audacity Capital a reputable firm worth considering? In this Audacity Capital review, we’ll take a closer look at the company’s offerings, reputation, and more to help you make an informed decision.
Factors that can help determine a firm’s reputation are reviews, press features, awards, and more. Platforms such as Trustpilot and YouTube showcase a firm’s value from the opinions of people using the firm’s services.
At Audacity Capital, they appreciate the role of diversity during forex funding; they welcome traders from all walks of life to enrich trading performance through a mix of background experiences and different points of view. Audacity fully invests in people, and the funding program is open to any talented individual seeking to enhance their trading performance.
Overview of Audacity Capital
Audacity Capital is a leading proprietary trading firm that has been operating since 2012. The firm is based in London, England, and has backed traders in over 140 countries. Audacity Capital offers a remote forex prop firm where traders can invest in various markets, including forex, stocks, bonds, commodities, and derivatives.
As a proprietary trading firm, Audacity Capital provides traders with access to capital to help them succeed in the market. The firm offers a funded trader program that allows traders to trade with real capital without risking their own money. Traders can start with an initial capital of $15,000 and work their way up to a maximum capital of $1,000,000.
Audacity Capital prides itself on being a people’s firm that is focused on developing a long-term relationship with its traders. The firm provides traders with a supportive community and resources to help them improve their trading skills and strategies.
The platform used by Audacity Capital is reliable and user-friendly, making it easy for traders to execute trades and monitor their performance. The firm also offers a range of tools and resources to help traders analyze the market and make informed trading decisions.
Overall, Audacity Capital is a reputable and reliable proprietary trading firm that offers traders access to capital and resources to help them succeed in the market. The firm’s funded trader program, supportive community, and user-friendly platform make it an attractive option for traders of all levels of experience.
Trading with Audacity Capital
If you are looking for a proprietary forex trading firm to improve your trading performance, Audacity Capital could be the right choice for you. With their funded trader program, you can start trading with an initial capital of $15,000 and grow your account up to $30,000 by reaching a 10% profit target.
Audacity Capital provides traders with access to the MetaTrader 4 platform, which is a popular choice for forex trading. This platform offers a wide range of features and tools to help you analyze the market and execute your trades effectively.
Traders at Audacity Capital can use their own trading strategies and styles as long as they follow the risk management rules set by the firm. This means that you have the flexibility to trade the way you want while also managing your risk effectively.
Audacity Capital also offers a trading floor for traders who prefer to work in a professional environment. This trading floor provides traders with access to the latest technology and resources, as well as the opportunity to collaborate and learn from other traders.
Overall, trading with Audacity Capital can be a rewarding experience for traders who are committed to improving their skills and achieving their trading goals. With their funded trader program, access to the MetaTrader 4 platform, and trading floor, you have the tools and support you need to succeed in the forex market.
Funding Programs
Audacity Capital offers multiple trader funding programs to help traders grow their accounts and achieve their trading goals. One of the most popular programs is the Funded Trader Program, which allows traders to start with an initial capital of $15,000 and trade with zero loss liability. The program also offers flexible trading conditions with no time restrictions or deadlines.
Traders must reach the 10% profit target to get their account doubled to $30,000. From there, traders can continue to grow their accounts with the help of Audacity Capital’s fast scaling plan, which allows traders to scale up to $480,000 in live capital.
In addition to the Funded Trader Program, Audacity Capital also offers a Tailored Funding Program that allows traders to personalize their trading experience. Traders can determine the parameters of their funded account and design a program structure that aligns perfectly with their trading strategy and style.
Audacity Capital’s funding programs are designed to provide traders with the necessary resources and support to help them achieve their trading goals. Whether you are a new trader looking to get started or an experienced trader looking to take your trading to the next level, Audacity Capital has a funded program that can help you achieve your goals.
Overall, Audacity Capital’s funding programs are a great way for traders to grow their accounts and achieve their trading goals. With multiple funding options and flexible trading conditions, Audacity Capital provides traders with the support and resources they need to succeed in the Forex market.
Profit and Risk Management
When it comes to trading, profit and risk management are two sides of the same coin. At Audacity Capital, they understand the importance of both and have designed their programs to help traders master them.
In terms of profit, the firm offers a variety of profit split options, ranging from 50/50 to 75%. Traders are given profit targets to meet, and if they achieve them, their account size is increased. However, it’s important to note that profitability is not guaranteed, and traders should always be mindful of the risks involved.
Speaking of risks, Audacity Capital places a strong emphasis on risk management. Their courses are designed to help traders anticipate risk and deal with it in the right manner. They also have strict drawdown limits to help prevent excessive losses. It’s important for traders to understand that trading is inherently risky, and they should always be diligent in managing that risk.
In terms of account size, traders start with an initial capital of $15,000 and must reach a profit target of 10% to have their account size doubled to $30,000. It’s important to note that there is a maximum lot size of 0.5, all cumulative at this stage.
Overall, Audacity Capital’s approach to profit and risk management is designed to help traders succeed in the long run. However, it’s important for traders to understand that profitability is not guaranteed, and they should always be mindful of the risks involved.
Fees and Commissions
When it comes to fees and commissions, Audacity Capital is transparent and straightforward. The company does not charge any joining fee or monthly subscription charges. Traders can participate in the funded trader program by passing the evaluation process and paying a one-time fee of $199. Once you have been approved, you will receive a $15,000 trading account to start trading.
Audacity Capital does not charge any commissions on your trades. Instead, the company splits the profits 50/50 with traders. This means that you only pay a performance fee when you make a profit. The performance fee is calculated as a percentage of the net profit made by the trader.
Another great thing about Audacity Capital is that they do not charge any monthly fees. This means that you can trade without worrying about any recurring charges. The company also does not charge any hidden fees, so you can be sure that you are only paying for the services that you use.
Overall, Audacity Capital offers a fair and transparent fee structure for traders. With no joining fee, monthly subscription charges, or commissions, the company makes it easy for traders to focus on their trading performance. The performance fee is only charged when you make a profit, which means that the company is incentivized to help you succeed.
Support and Customer Service
When it comes to trading, having reliable support and customer service is crucial. Audacity Capital understands this and provides various ways for you to get in touch with their support team.
If you have any questions or concerns, you can reach out to their support team via email at support@audacitycapital.co.uk. They are available to assist you 24/7 and will respond to your inquiries promptly.
In addition to email support, Audacity Capital also offers a live chat feature on its website. This allows you to quickly connect with a support representative and get your questions answered in real time.
Overall, Audacity Capital’s support and customer service team is knowledgeable and responsive. They are committed to providing you with the assistance you need to succeed in your trading endeavors.
Trading Assets
When it comes to trading assets, Audacity Capital offers a wide range of options from which to choose. Whether you are interested in forex, commodities, or indices, you can find what you are looking for with this proprietary trading firm.
Forex trading is a major focus at Audacity Capital, and they offer both major and cross-currency pairs to trade. This includes popular pairs such as EUR/USD, GBP/USD, and USD/JPY, as well as less commonly traded pairs like AUD/CAD and NZD/CHF. With a starting capital of $15,000, traders can use a maximum lot size of 0.5 all cumulative and must reach the 10% profit target to get their account doubled to $30,000.
In addition to forex, Audacity Capital also offers a variety of commodities to trade, including gold, silver, crude oil, and natural gas. These commodities can be traded with leverage, allowing traders to potentially increase their profits.
Indices are another option for traders at Audacity Capital, with popular options such as the S&P 500, NASDAQ, and FTSE 100 available for trading. These indices are a great way to diversify your portfolio and potentially increase your profits.
Overall, Audacity Capital offers a diverse selection of trading assets for traders to choose from. Whether you are an experienced trader or just starting out, you can find the right assets to fit your trading strategy.
Audacity Capital Reviews
If you’re considering joining Audacity Capital’s funded trader program, you might be wondering what others have to say about their experience with the firm. Reviews can be a helpful way to gauge the reputation of a company and get a sense of what to expect.
One platform that showcases Audacity Capital’s value from the perspective of people using the firm’s services is Trustpilot. As of the current date, Audacity Capital has a 4.7-star rating on Trustpilot, with over 100 reviews. Many reviewers praise the firm for its transparency, support, and funding model. Some reviewers mention that the evaluation process is rigorous but fair.
It’s important to note that reviews should be taken with a grain of salt, as everyone’s experience can be different. However, overall, Audacity Capital’s reviews suggest that it’s a reputable firm that provides a fair and supportive environment for traders.
If you’re interested in joining Audacity Capital, it’s worth doing your own research and reading reviews from multiple sources to get a well-rounded understanding of the firm’s reputation.
Additional Services and Features
In addition to funding traders, Audacity Capital offers a range of additional services and features that can help traders succeed in the Forex market.
One of the key services Audacity Capital provides is access to fast-scaling plans. These plans allow traders to quickly increase their trading capital as they become more successful. This means that traders can take advantage of profitable trading opportunities without having to worry about running out of capital.
Audacity Capital also works with institutional liquidity providers to ensure that traders have access to the best possible liquidity. This means that traders can execute trades quickly and efficiently, even during periods of high market volatility.
In addition to these services, Audacity Capital also provides cutting-edge tools to help traders stay on top of the latest market news and trends. These tools include real-time news feeds, market analysis, and technical analysis tools.
Overall, Audacity Capital is a reputable Forex proprietary trading firm that provides a range of valuable services and features to help traders succeed. Whether you are a beginner or an experienced trader, Audacity Capital can provide you with the support and resources you need to succeed in the Forex market.
Application and Withdrawal Process
Audacity Capital has a straightforward application process that can be completed online. Once you have submitted your application, you will be contacted by a member of the support team, who will provide you with further instructions. You will need to provide some basic personal information, as well as details about your trading experience and strategy.
The withdrawal process is also quick and efficient. You can request a withdrawal at any time, and the funds will be transferred to your designated account within a few business days. Audacity Capital does not charge any fees for withdrawals, but your bank or payment provider may charge a fee for receiving the funds.
It is important to note that Audacity Capital only accepts withdrawals to the same account that was used to make the initial deposit. This is to prevent fraud and ensure the security of your funds. If you need to change your designated account, you will need to contact the support team and provide proof of ownership for the new account.
Overall, the application and withdrawal processes at Audacity Capital are straightforward and efficient. The support team is available to assist you with any questions or concerns you may have, and they strive to provide a seamless experience for all traders.
Pros and Cons
When it comes to Audacity Capital, there are both pros and cons to consider before deciding to trade with them. Here are some of the most important ones:
Pros
- Funded Trading Accounts: Audacity Capital offers funded trading accounts, which means that you can trade with their capital and keep a portion of the profits. This is a great way to get started in trading without risking your own money.
- Professional Trading Environment: Audacity Capital provides a professional trading environment with access to cutting-edge technology and tools. This can help you to trade more efficiently and effectively.
- Flexible Leverage: Audacity Capital offers flexible leverage options, ranging from 1:1 all the way up to 1:1000. This means that you can tailor your leverage to your trading style and risk tolerance.
- Dedicated Support: Audacity Capital provides dedicated support to its traders, including access to experienced mentors and analysts. This can help you to improve your trading skills and make better trading decisions.
Cons
- Profit Split: When trading with Audacity Capital, you will need to share a portion of your profits with the firm. While this can be a great way to get started in trading, it can also reduce your overall profitability.
- Restrictions on Trading: Audacity Capital has some restrictions on trading, including limits on holding positions and trading during news announcements. This can limit your trading opportunities and make it more difficult to generate profits.
- Limited Asset Classes: Audacity Capital only offers trading in a limited number of asset classes, including forex, indices, and commodities. If you are interested in trading other asset classes, you will need to look elsewhere.
Overall, Audacity Capital is a reputable trading firm that offers a range of benefits to traders. However, it is important to consider both the pros and cons before deciding whether to trade with them.
Conclusion
In conclusion, Audacity Capital is a reputable proprietary trading firm that provides traders with the opportunity to trade with a funded account. The firm’s innovative approach to training, support, and technology, among others, make it a top choice for traders looking to grow their trading career.
Audacity Capital offers a variety of funded trader programs with different account sizes and profit splits to suit different trading styles. The firm’s preferred clearing partners are all authorized and regulated by regulatory authorities, which adds to its credibility.
The firm’s reputation is also evident from the positive reviews and awards it has received from traders who have used its services. Platforms such as Trustpilot showcase the value of the firm from the opinions of people using its services.
Overall, if you are a trader looking for a reliable and trustworthy firm to trade with, Audacity Capital is definitely worth considering. With its innovative approach to training, support, and technology, you can be sure that you are in good hands.