Audacity Capital rules require traders to stay within a 5% daily drawdown and 10% total drawdown limits in the Funded Trader program, ensuring only experienced traders succeed.
Funded traders can receive up to $240,000 with bi-weekly payouts and a $100 minimum withdrawal.
Audacity Capital Guidelines and Policies Overview
Audacity Capital has established a set of trading guidelines to ensure traders maintain consistency, use appropriate strategies, and adhere to their policies.
These guidelines can be categorized into 3 main categories. Audacity Capital rules:
- Audacity Capital challenge guidelines
- Audacity Capital withdrawal terms
- Audacity Capital restricted trading strategies
Audacity Capital Challenge Conditions
The Audacity Capital provides 2 types of challenges, each with its own set of restrictions and guidelines. Audacity Capital challenges:
- Ability challenge
- Funded Trader
Ability Challenge conditions
The Ability Challenge consists of two phases, involving specific profit targets and risk management frameworks. Audacity Capital Ability challenge rules:
Terms | Challenge Step | Verification Step | Live Account |
Maximum Trading Days | Unlimited | Unlimited | Unlimited |
Minimum Trading Days | 4 Days | 4 Days | 4 Days |
Profit Target | 10% | 5% | - |
Maximum Daily Drawdown | 7.5% | 5% | 5% |
Maximum Drawdown Limit | 15% | 10% | 10% |
Profit Split | - | - | Up to 90% |
The high absolute drawdown allows traders to perform various strategies without being concerned about losing their accounts.
Funded Trader Challenge Conditions
The Funded Trader program offers direct access to funded accounts, with sizes ranging from $7,500 to $60,000. Audacity Capital Funded Trader challenge rules:
Terms | Description |
Minimum Trading Days | 5 (A minimum of 3 profitable days) |
Profit Target | 10% |
Maximum Daily Drawdown | 5% |
Maximum Drawdown Limit | 10% |
Profit Split | Up to 80% |
It’s worth noting that the maximum leverage in the Funded Trader program is 1:30.
Audacity Capital Withdrawal Guidelines
Audacity Capital has established transparent and trader-friendly withdrawal policies. Audacity Capital withdrawal terms:
- Traders can request their first payout on the Ability Challenge 30 days after the first trade
- Bi-weekly payouts on the Ability challenge
- For Funded Trader program withdrawals will be available after hitting 10% profit target
- Available payout methods: Paypal, BTC, and direct bank transfers
- Traders can refund the challenge price after becoming an Audacity Trader
- Minimum withdrawal amount: $100
- No additional fees are charged by Audacity Capital for withdrawals
Note: Traders are responsible for any taxes on their payouts, and account breaches may result in denied withdrawals even if the account is profitable.
Audacity Capital Restricted Strategies
Audacity Capital prohibits certain trading strategies to maintain a fair and stable trading environment. Audacity Capital prohibited strategies:
- Copy trading is from other traders’ accounts
- High-Frequency Trading (HFT)
- Hedging
- Martingale
- DCA
- Arbitrage
- News trading in the Funded Trader program
- EAs
What is the Audacity Capital Consistency Rule?
The Consistency Rule is a crucial aspect of Audacity Capital's evaluation process. This framework allows Audacity Capital to determine traders’ consistency scores and avoid funding traders with high-risk or gambling trading strategies.
Audacity Capital consistency score:
- Score above 70: Considered consistent and stable
- Score 50-70: Triggers a manual review by the risk team
- Score below 50: Requires continued trading until improvement
The consistency framework ensures that traders maintain a disciplined and stable approach to trading, aligning with Audacity Capital's performance standards.
TF Expert Suggestion
By following Audacity Capital rules, including the 10% and 5% profit targets for the two-step Ability Challenge, traders can qualify for a Live account.
This prop firm restricts high-risk strategies like HFT, Hedging, DCA, and Martingale to maintain a secure trading environment.
Now that you understand the firm’s frameworks, complete Audacity Capital registration using our guides on the Audacity Capital tutorial page and access up to $60,000 in funding through the Funded Trader program.
