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AudaCity Capital Review 2024

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AudaCity Capital Review 2024
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Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:AudaCity Capital
Founded:2012
Headquarter:London
Min Price:$129
Max Fund:$2,000,000
Challenges:2
About
AudaCity Capital is a UK-based prop trading firm located near the Canary Wharf. It provides trading services since 2012. Partnering with an institutional liquidity provider enables the firm to offer some of the tightest commissions in the markets.
Contact
One Canada Square, Level 8 – Office 8.05 London E14 5AA England – United Kingdom
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
Refundable fees
Up to 90% profit split
Scaling plan up to $2M
Cons
Variable Profit Share (as low as 50%)
Limited trading assets
Low leverage options

AudaCity Capital, a pioneering force in the world of proprietary trading since 2012, has carved out a unique niche in the Forex market. AudaCity Capital prop firm has been empowering traders worldwide with substantial capital, cutting-edge technology, and educational contents through social medias like YouTube and Instagram. We’ll explore more on this AudaCity Capital review.

AudaCity Capital; Company Introduction

AudaCity Capital
The firm offers a generous 85% profit split

Founded in 2012 in the heart of London's financial district, AudaCity prop firm has been on a mission to revolutionize the way traders access capital and scale their trading operations.

The company operates in 140+ countries worldwide and has seen a trading volume of $2.4B since inception. The firm funds traders with up to $2,000,000 through two main programs. Its monthly payout record is $2.82M. AudaCity Key features:

  • Fast scaling options;
  • Economic calendar;
  • MT4 and MT5 trading platforms;
  • Integrated wallet.

AudaCity Capital Table of Specifications

The firm doesn’t work with brokers, instead it’s partnered up with an institutional liquidity provider. Thus, it offers some of the tightest spreads available in the market. AudaCity Capital specifics:

Account currency

USD

Minimum price

$129

Maximum leverage

Up to 1:100

Maximum profit split

Up to 90%

Instruments

Forex, Indices, Gold

Assets

32

Evaluation steps

2-Phase

Withdrawal methods

Paypal, Crypto, Direct Bank Transfer

Maximum fund size

$2,000,000

First profit target

10%

Max. daily loss

5%

Challenge time limit

Unlimited

News trading

Unlimited

Maximum total drawdown

10%

Trading platforms

MT5, MT4

Commission

$5 per lot in the Ability challenge

TrustPilot score

4.7 out of 5

Payout frequency

Bi-Weekly

Established country

UK

Established year

2012

AudaCity Capital Pros & Cons

Every coin has two sides, and AudaCity Capital is no exception. While it offers some exceptional conditions, it also have downsides.

Pros

Cons

Scaling plan up to $2M

Variable Profit Share (as low as 50%)

Up to 90% profit split

Low leverage options

Refundable fees

Limited trading assets

No limitations on news trading

-

AudaCity Capital Funding Plans and Their Costs

There two types of funding plans; Instant and Challenge. The first one suit professional traders and the latter is designed for users who have less budget. AudaCity Capital funding plans and related costs:

Account Size

Funded Trader

Ability Challenge

$7,500

$329

-

$10,000

-

$129

$15,000

$649

$189

$30,000

-

$339

$60,000

$2399

$459

$120,000

-

$779

$240,000

-

$1559

Evaluation Phase on Audacity Capital

AudaCity Capital Ability Challenge
You need to show consistency in your trading style regarding trade length and lot size in order to pass the Ability Challenge

Audacity Capital's funding plans (Ability Challenge, Funded Trader Program) are designed to cater to a wide range of traders. they are different in areas like leverage offerings, profit split, and evaluation phases. Ability Challenge key features:

Features

Challenge Phase

Verification Phase

Live Account

Duration

Unlimited

Unlimited

Unlimited

Min Trading Days

4

4

4

Profit Share

-

-

Up to 90%

Max Daily Drawdown

7.5%

5%

5%

Max Drawdown

15%

10%

10%

Target

10%

5%

-

For professional traders who are confident in their strategies and want to trade without having to pass evaluation steps, AudaCity offers the Funded Trader program with the following rules:

Assets

Forex, Indices, Gold

Min Trading Days

5 (at least 3 profitable Days)

Profit Share

Up to 80%

Max Daily Drawdown

5%

Max Drawdown

10%

Target

10%

Leverage

1:30

News Trading

No

Audacity Capital Prop Firm Bonus and Promotions

The company offers two main promotional programs; Affiliate and Partnership. The Affiliate program features 2 levels with different commission rates. Participants are evaluated on a monthly basis. Here are Affiliate rankings:

Levels

Commission Rate

Affiliate

7%

Ambassador

10%

Partnership program comes with 4 various levels with commission rates ranging from 10% to 20%. The more people you invite, the more your earnings.

Levels

Commission Rate

Standard

10%

Premium

12%

Executive

15%

Elite

20%

Available Markets on Audacity Capital

The company offers the most popular financial instruments, allowing traders to spread their wings and explore various trading opportunities. However, the downside is that the list is limited to only 32 instruments. AudaCity Capital Asset list:

  • Forex: AUDUSD, EURAUD, EURGBP, EURUSD, GBPCAD, GBPUSD, USDCAD, USDCHF, USDJPY, AUDCAD, AUDCHF, AUDJPY, AUDNZD;
  • Metals: XAUUSD;
  • Indices: GER30, SPX500, TECH100, WS30.

Which Payment Methods Does Audacity Capital Offer?

AudaCity Capital Payment Methods
There are no commission on deposits

When it comes to getting your funds in and out of Audacity Capital account, they've got you covered with a smorgasbord of options, including:

Payment

Cryptocurrency, Credit card, Paypal, Bank Transfer

Payout

Paypal, Crypto, Direct Bank Transfer

Trading and Non-Trading Costs on Audacity Capital

The firm’s fee structure wile simple, it’s not very clear. There are only commissions on the Ability challenge. You have to pay 5$ per lot on every instruments. And there is also swap fees on this program.

Audacity Capital Prop Firm Trust Scores

When it comes to trust in the world of prop trading, Audacity Capital is hitting it out of the park. Let's crunch some numbers and see why traders are giving this firm a standing ovation.

The firm has gained an excellent score of 4.7 out of 5 from users on TrustPilot. There are a total of 1632 reviews with 85% of them being 5-stars. Only 3% of users has given AudaCity Capital 1-star rating.

How Can I Reach Audacity Capital Customer Support?

The prop firm offers 3 main contact channels for traders in need. Email, phone, and an address to visit in person.

Email

support@audacitycapital.co.uk

Phone

+44 20 8050 1985

WhatsApp

Message

Address

One Canada Square, Level 8 – Office 8.05  London E14 5AA England – United Kingdom

Is Audacity Capital Active on Social Media?

The company maintains an active presence on social platforms and tries to know its customers on a human level. AudaCity Capital social profiles:

  • Facebook: https://www.facebook.com/audacitycapital
  • X: https://twitter.com/Audacitycap
  • Instagram: https://www.instagram.com/audacity.capital/
  • Youtube: https://www.youtube.com/@AudaCityCapital
  • Discord: https://discord.gg/QWVgmTcwry
  • Linkedin: https://www.linkedin.com/company/audacity-capital
AudaCity Capital Youtube Channel
AudaCity Capital has over 6K subscribers on youtube and has gained over 1M views

Expert suggestions

AudaCity Capital offers prop trading with up to $2,000,000 capital on 27 Forex symbols, 4 Indices, and Gold. AudaCity Capital prop firm provides robust trading platforms, including MT4 and MT5.

The company offers some of the most popular payment methods like PayPal, Crypto, and Credit/Debit cards. Share your thoughts on AudaCity Capital review in the comments.

FAQs

What markets can I trade?

Forex, Indices, and Metals.

What trading platforms are available?

You can use MT4 and MT5.

Is there any trading commission?

There is a $5 commission on every traded lot in the Ability challenge.

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