Audacity Capital is a proprietary trading firm founded in London in March 2012 by CEO Karim Yousfi. It is one of the oldest prop firms still operating in the industry. The firm gives traders access to funded accounts after passing a simulated evaluation. Traders keep a share of any profits generated on those funded accounts.

As of June 2026, the firm operates three main programs: the Ability Challenge (2-step evaluation), Ability One (1-step evaluation), and the Funded Trader Program (FTP, instant funding without an evaluation phase). It operates in 140+ countries and claims over $210 million in payouts to date.

The operating entity is AudaCity Global LTD (Registration Number: 15850), licensed under the International Brokerage and Clearing House Licence (L15850/WL) issued by the Union of Comoros. The payment facilitator is AudaCity International FZCO, registered at Dubai Silicon Oasis (DSO-FZCO 38282). A UK office is listed at 25 Cabot Square, Level 11, London E14 4QZ. The firm is not regulated by the FCA, ASIC, or other retail financial regulators — this is standard for prop firms, which run simulated trading models and are not managing client investment funds.

Read our full prop firm directory to compare Audacity Capital against other funded trading programs, or check our guide on what a prop firm challenge actually involves before buying.

Audacity Capital offers three challenge types. Prices below are standard rates. Use code FT for 30% off.

Ability Challenge (2-Step)

The most popular option. Traders pass Phase 1 (challenge) and Phase 2 (verification) on a simulated account, then receive a live funded account. The challenge fee is refunded on the first payout.

Ability One (1-Step)

A single-phase evaluation. Pass one phase on a simulated account and move directly to a live funded account. Account sizes from $5K to $100K. As of June 2026, pricing starts at $49 for the $5K account and $569 for the $100K account at standard rates.

Funded Trader Program — Instant Funding (FTP)

No evaluation phase. Traders pay a one-time fee and receive a live funded account immediately. Account sizes run from $7,500 to $60,000. Fees are significantly higher relative to account size — the $7,500 account starts at $329 and the $60,000 account runs at $2,399. The initial profit split on FTP starts at 50% (scaling to higher tiers) rather than the 75–90% available on the challenge programs.

Audacity Capital’s Ability Challenge uses a trailing daily drawdown. The daily loss limit recalculates upward at 12AM GMT+2 server time based on whichever is higher — balance or equity — from the previous rollover. This means winning trades during a session raise the daily drawdown floor for the rest of that session.

Read our prop firm drawdown guide for a full breakdown of how trailing drawdown differs from static drawdown mechanics.

Ability Challenge — Risk Rules by Phase

Funded Trader Program (FTP) — Risk Rules

As of June 2026, Audacity Capital supports MetaTrader 5 (MT5) and DXtrade.

Tradable Instruments

The Ability Challenge covers forex major and minor pairs, indices (including SPX500, TECH100), metals (gold, silver), and energies. Crypto pairs are also available on select programs. Exact instrument lists may vary by account type — check the current list at audacity.capital/trading-assets.

Audacity Capital pays up to 90% profit split on live accounts from the Ability Challenge and Ability One programs. The split is performance-dependent — accounts hitting over 10% profit in a period receive an 85% split, while accounts below 10% profit receive 75%. The 90% maximum split is reached through the scaling plan (see below).

Payouts are processed same-day upon approval for the challenge programs. The firm accepts crypto payouts (USDT TRC20 referenced in trader reviews), bank wire, and other methods. Verify current payout methods at account registration as these can change.

Challenge Fee Refund

Ability Challenge traders receive a refund of their challenge fee on their first payout from the live account. This reduces the effective net cost of the program for traders who pass.

Audacity Capital claims one of the fastest account doubling paths in the prop trading space. The Ability Challenge scaling plan doubles the account at each stage. A $5K starting account can scale to $2.56M over 10 stages.

The FTP instant funding program also scales up to $2 million. The scaling trigger for both programs requires consistent performance above the profit targets. Full scaling terms are on the Audacity Capital funded trader program page.

For more discounts across multiple prop firms, visit the FundedTrading discount codes page.

Audacity Capital has been operating since 2012 and claims over $210 million in total payouts. The length of operation alone puts it in a different category from the majority of prop firms that launched post-2021. Multiple traders on Trustpilot confirm receiving payouts — including traders reporting three or more withdrawals over multi-year periods.

The firm’s entity registration is public. AudaCity Global LTD is registered under licence number 15850 through the Union of Comoros. The UK address (25 Cabot Square, London E14 4QZ) is listed. The firm is not regulated by the FCA or any major retail financial authority. This is normal for a prop firm — see our guide on how to tell if a prop firm is legitimate for what actually matters when evaluating trust.

If Audacity Capital does not fit your needs, these firms cover similar ground with different tradeoffs.

Audacity Capital’s 15% max drawdown in Phase 1 is the key differentiator. FTMO’s 10% static drawdown and FXIFY’s 10% trailing drawdown both give traders less room on a $10K account. If drawdown room is your primary criterion, Audacity Capital is one of the most permissive options available. See our full prop firm comparison for a wider view.

Audacity Capital is one of the few prop firms that can point to a genuine 14-year operating history with documented payouts. The Ability Challenge is well priced at the lower account tiers and the drawdown rules are more forgiving than most competitors — a 15% maximum drawdown and 7.5% daily loss limit in Phase 1 give traders more room to manage positions through volatile sessions.

For traders who want the widest available drawdown buffer on a 2-step challenge, Audacity Capital is a legitimate option backed by one of the longest track records in the industry. Use code FT for 30% off any program at checkout.