AudaCity Capital review

AudaCity Capital review

AUDACITY CAPITAL reviewed by Funded Trader

Updated on: 2022-05-19


AudaCity Capital has a world-renowned reputation for instant funding and supporting its traders, they are considered by many at the forefront of this industry.

With a deep understanding of the market, they believe the only way to be a leader in the sector is to invest in talented people who want to grow with them.

They trade all major asset classes on various exchanges using their own capital. They do not manage client funds nor do they have clients. By joining the AudaCity Capital team, you will join a team of market leaders who wish to foster an entrepreneurial culture in finance.

Funded trading offers numerous benefits (as explained in our article about Prop Trading) and the best part is that you can trade with more capital and lock in higher profits.

On their site, you can find many videos where they show you their office which is located in the financial heart of London: Canary Wharf.

They have an entire floor dedicated to their company and they are very proud of it; and so should they!

Let’s reason about this for a minute: suppose that you are about to choose which Prop Firm you want to get in business with, will you select one with a proper and real office or one that tends to hide its location and managing team? Exactly!

On their website they claim to have Funded Traders from 140 countries around the globe, of which 72% earn an income! That’s brilliant!

It’s simple enough as searching on LinkedIn to find Audacity Capital’s CEO: Karim Yousfi.

Hopefully, we will be able to interview him for our website soon.

AudaCity Capital has been active in helping traders become professionals since 2012, and if approved to enter the Instant Funding Program you will:

  • immediately start trading live for real money
  • with a 50/50 profit split
  • and no liability for losses.

Or participate in the Ability Challenges for:

  • no limitations on your trading style
  • profit split to the trader is 75%
  • STATIC max drawdown of 15%!

NEW Trading Ability Challenges now available!

If you are familiar already with AudaCity Capital go directly to their website here.

Prop Trading as an insurance against bad luck?

Rita lost her job.

Rita had a great plan B!

Listen to her story as she is being interviewed by Federica, CFO of AudaCity Capital.


I haven’t found much information about it, but those few give them credit for the veracity of what they say on their site.

You will be able to withdraw your profit every time you reach the 10% target. Once reached, email, they will double your account instantly and send you the profits.

A review confirms the payment by this prop house.

Is it difficult to get capital to trade with AUDACITY CAPITAL?

The Instant Funding Program.

There are some noteworthy features of AudaCity Capital that impressed me, making it quite different from other companies.

The first step is to fill out a form to demonstrate that you have some basic experience, including your trading strategy and how long you have been trading. This first step is essential to demonstrate that you have enough practice in knowing how to manage an account with real funds or to start from scratch.

The second step is a face-to-face interview with the team to delve a little more into your knowledge, your experience with trading, what is required of you when trading with a real account and how you handle market situations. If you reside in London, the interview will take place at their office otherwise it will be on the phone or video call. This is a totally different process than most companies in this industry.

Talking face-to-face with those at AudaCity means knowing exactly who represents the company and makes it easier to ask questions about the process or the company.

They also have a London-based trading room which means if you are looking for a place to work you can take advantage of this opportunity.

If you reside in London or are able to commute there, it really is a great way to work in a trading environment surrounded by a like-minded community. Many companies do not offer any opportunity to meet in person and for AudaCity Capital this is a real strength that we want to highlight in this review.

For obvious reasons that I won’t even mention here, many of these activities have been moved more and more onto the virtual space, let’s hope it was only a temporary solution.

Within 24 hours, AudaCity Capital will confirm if you are eligible and consequently will send all the details for opening the account and you can start trading with real money.

The process is very fast unlike other companies where getting to the end can potentially take months.

The third step is to start trading with a funded account! Well, that is after you paid the enrollment fee of course.

It is definitely worth noting that AudaCity Capital offers traders the opportunity to trade with a lot of capital.

For every 10% profit made, your capital is doubled in steps from $ 15,000 up to $ 500,000, which gives traders a lot to work with and the potential to grow their profits significantly. This is one of the best capital growth programs that I have seen.

Instant Funding: account management.

With AudaCity Capital the account is fully funded and everyone starts with an amount equal to $ 15,000, the profit split is 50/50 and the trading account size doubles every time you reach the 10% target.

While the other lenders always express themselves in the nominal value of the account (i.e. 150K, 200K etc.) what really matters is the permitted risk: that is, the maximum loss limit.

In this case you will have no liability for losses and a static drawdown of 10%, or $ 1,500.

As soon as the bill increases this doubles to $ 3000 – I’ll show you the steps below.

It is good that you know that your account is constantly monitored: professionals and risk managers will monitor your trend and your performance.

It is allowed to trade major and cross currency pairs, but without commodities or indices at least in the early stages.

Also you can keep trading positions open overnight, but not over the weekend. All must be closed on Friday at 18:00 GMT unless the risk management team approves your request to keep the position open for the weekend – if you wish to keep a trade open, you might be able to do so:  you will need to file an e- mail to request permission. If they believe the operation is safe it will remain open, otherwise they have the right to close your positions.

It is forbidden to have open positions during major news events; they refer only to NFPs, FOMCs, interest rate decisions and central bank speeches.

For example, suppose there is the Bank of England rate news followed by the BOE President’s Speech, in this case all GBP exposure must be closed 30 minutes before the news. Positions in GBP can then be reopened when the talk is over.

Another example, for NFP all positions in USD (major currency pairs)

they must be closed and can be reopened later.

Only currency pairs related to the news event should be closed.

Orders in phase 1 are limited to a maximum of 0.5 lots.

This means that the maximum exposure is 0.5 cumulative lots at any one time.

For example you can have 1 position at 0.5 or you can have 5 positions at 0.1. It’s up to you to manage the risk.

When your account has doubled, your risk allowance also doubled, i.e. on $ 30,000 the maximum lot size is 1, on $ 60,000 the maximum lot size is 2 lots etc.

There is no time limit for your 10% milestone and once you start trading you will get paid every time you reach that goal and your account is doubled.

AudaCity Capital does not operate with timelines as they do not want to pressure you, normally in 4/6 weeks the traders who have done the course and who have the capital reach the performance target.

From the moment you are eligible for the interview, the cost to start trading is £ 298 and then, in the following months, £ 99 pounds.

This rate covers management costs which include the platform, data, technology, administration, etc. etc.

Therefore, they charge this one-time membership fee of £ 199, which must be paid before you start trading; and each month they charge you a monthly platform fee and liquidity access fee of £ 99, which is due at the beginning of each month.

These costs are non-refundable once the trader has started trading on the account.

The 0 commissions and the very low spreads are the consequence of their policy: because they themselves have the liquidity, they are the brokers themselves, the trades are better and the rate does not increase with the increase in capital.

You can download their manual here.

Capital Growth with AUDACITY CAPITAL

Let’s see in detail the phases from the moment you access the capital on your account.

I will try to be as precise in this review on AudaCity Capital.

First phase

The account starts with a capital of $ 15,000, 0.50 lot allowed = $ 5 per pip, leverage 1: 5 i.e. 0.5 lot = $ 5 per pip. When you reach the 10% profit goal of $ 1500 around 300 pips, you will get a 50% profit split and move on to the next step.

Second phase

You reached your +10% profit target and the capital has doubled, congrats! Get an account of $ 30,000, with 1 lot allowed = $ 10 per pip, leverage 1: 5 which equals 1 lot = $ 10 per pip. When you reach the 10% profit of $ 3000 around 300 pips, you will get a 50% profit split and move on to the third stage.

Third phase

You get an account of $ 60,000, 2 lots allowed = $ 20 a pip, the leverage is always 1: 5 i.e. 2 lots = 20 a pip. When you hit $ 6000 around 300 pips, you will get a 50% profit split and move on to the next step.

Up to the third stage you will only be able to work with forex. From here on, your markets also expand with raw materials. Here is the progression of your funded account:

Fourth Phase

Get an account of $ 120,000, with 4 lots allowed = $ 40 per pip, you will be able to work with Forex + Gold and some indices which will be subject to the approval of the risk team, the leverage is 1: 5 and is around $ 40 per pip. When you hit your 10% of $ 12000 (always around 300 pips), you will get a 50% profit split and move on to the fifth step.

Fifth Phase

The value will now be equal to $ 240,000 which means having 8 lots available = $ 80 per pip, even in this phase you will be able to work with Forex, gold and indices always subject to approval, the leverage is always 1: 5. as in the other phases when you have reached your goal, yours will grow once again and they will share the profits with you.

Sixth and last phase

Your account is now $ 480,000, and you will work with 16 lots = $ 160 per pip, Forex, gold and indices always team approved and leverage will always be 1: 5 – 16 lots = $ 160 per pip.

From here on your account will remain stable at $ 500,000 without growing or decreasing.

Not bad considering you invested less than 1000£ (just an estimate) of your own money thus far; and you already got paid for your profits!

Ability Challenge.

In May 2022 AudaCity Capital launched its newest and shiniest product: the Ability Challenges.

With these programs they are aligning with the sector in a way, but on the other side they are offering such an advanced proposition that I’m sure you’ll find it innovative and competitive:

  • 15% of static max drawdown: WOW! In phase 2 and in Real it lowers to 10%, which still is more than manageable!
  • against 10% of profit share: a bit steep as a target, don’t let this push you into rushing your trades.
  • 7.5% and 5% of max daily loss: don’t you dare complain about this, I’m serious!
  • practically NO LIMITATIONS to your trading style: Algo trading, hedging, news, overnight and week-end, just make sure to manage your risk properly!
  • 75% profit split to you.

In a few words: this is possibly the challenge that is the closest to trading your own real account.

If I have to find a weak spot in these challenges this could be the duration: I wish they set it up as 60 days for both phases, instead, phase 1 lasts only 30 days; don’t let this pressure you in taking trades that you usually wouldn’t, or change the size of these. Be cool!

It doesn’t bother me at all the fact that you have to pass the Ability Challenge twice before you become funded; just remember the mantra: patience, patience, patience!

The Ability Challenges offer the following accounts: 15K$, 30K$, 60K$ and 120K$.

It’s a bit of a shame that AudaCity Capital doesn’t offer capital growth for these, but they mentioned in their webinar at launch that they might take it in consideration for the near future, so don’t give up on it just yet.

And remember this: Audacity Capital is its own liquidity provider, if you don’t know what it means:

  1. they put their money where their mouth is.
  2.  and this is my very own interpretation: I have a feeling that if you are such a damn good trader they will notice you, don’t you worry.

Which platform does AudaCity Capital use?

The platform on which AudaCity Capital works is MetaTrader 4.

Many brokers and traders around the world use MetaTrader 4 as it is the most popular trading platform globally and offers what most traders want. However, there are still some traders who don’t know how to use MetaTrader 4.

If you are a beginner and still trying to figure out how to trade on this platform, don’t worry because you are in the right place. The platform is easy to use and you can use it regardless of your skill level.

MetaTrader was created in 2005 by MetaQuotes (yes, over 15 years of experience built by millions of users) and you can customize your preferences according to your strategies. Although the trading platform is primarily related to forex trading, it can also be used for trading indices, commodities and cryptocurrencies via CFDs.

AudaCity Capital introduces a guide to teach you how to set up the platform as you see fit.

Is AUDACITY CAPITAL truly on your side?

AudaCity Capital aims to train any trader. No previous experience or academic qualification is required, they accept people who are ready to learn, work hard, and get access to the forex market.

They offer short courses and programs for traders that cover the most important topics in the world of investing. They are effective and can help you improve your skills and broaden your knowledge as a trader. If you want to learn how to trade, these courses will prove to be invaluable in your journey to become a professional.

The idea of ​​Audacity Capital is to identify those talented traders who would have a hard time making it on their own: who might be short of capital, but have the potential to make big profits. In the current financial market at Audacity Capital they understand that the opportunities to trade with financial institutions are few, and they believe the next generation will be trading superstars, and they are willing to back that belief financially.

Here are some of their collaborators answering a few questions.

AudaCity Capital offers its training with a course called Hidden Talents.

It is a unique trading program that includes training, mentoring and a funded account to overcome the challenge.

Traders can learn, trade, challenge themselves and get inspired to win unlimited rewards and benefits.

The program is the start of a better tomorrow and great earnings. Would-be traders can find themselves in the trading room surrounded by experts and this certainly will save them a lot of time and money in the process.


The course lasts four weeks, but they know that not everyone can dedicate themselves full time and for this reason, they have implemented a new version of the course that lasts only two weeks: Hidden Talents Program Fast Track.

The training takes place in their office in the City of London or, if you are unable to relocate (not to mention the issues that came along with the C…you know), they offer remote sessions for the training period.

The fee for this course is £ 2,550, which is used to cover the study material and the individual training session with their mentor.

After four weeks of training with their professionals, they are pretty confident that you will feel comfortable keeping your real account profitable.

You are advised to study at least 20 hours per week plus those spent directly with a tutor, with one-to-one sessions.

AudaCity Capital teaches you Monday to Friday and you will be warmly invited to use the weekends to test the strategy you developed during the week, to analyze the market and prepare for the following week.

If you dedicate the minimum hours, if you are willing to respect the rules and parameters that they ask you to follow they are very confident that, after your four weeks of training, you will at least be able to keep your trading stable and from there to be profitable is just a matter of time.

Should we speak about how much money new and unprepared forex traders lose every day on the market? No? Ok, I thought so…

During the course you will learn to have a fundamental, technical and intra-market approach, in particular you will focus on the market structure of price action, market sentiment and candlestick patterns. But Execution of the strategy is just as important: and Audacity Capital rocks at it!

The fast track course lasts only two weeks and is more intensive where you will have to spend more hours than the regular program.

Can we vouch for AUDACITY CAPITAL?

The reviews I found online are enviable from many other prop houses of this genre.

Their presence on social networks, their dedication to accompany you to reach your target and their support make the results evident for those who collaborate with Audacity Capital and this is reflected in the reviews.

On a personal note: we have reached out to their CFO Federica, and she hasn’t been anything but professional and very generous with her time.

I can’t tell you how many “wanna-be Funders” out there are unreachable or just hide behind some sort of foggy curtain…

On Trustpilot they achieve excellence.

Here are some that reflect their attitude:

My final opinion on AUDACITY CAPITAL.

In summary, AudaCity Capital is certainly not a scam. From what I have discovered through my research, the offering by this company is excellent especially when you consider the progression you have with an account that is entirely and immediately real!

They have a great reputation, along with multiple learning opportunities for each and every trader that are truly impressive making them a great choice for your future.

Your opinion.

Your opinion matters! Come visit my Instagram or Facebook page, leave your comment: I post every video about the funders on my Instagram TV, let’s have the conversation over there so as to include as many people as possible.

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