AudaCity Capital

Audacity Capital is a proprietary trading firm that funds forex and CFD traders through simulated evaluation accounts. Audacity Capital has operated since 2012, which puts it roughly a decade ahead of the firms that dominate the market today. Audacity Capital runs three funding routes: the Ability Challenge, Ability One, and the Funded Trader Program. Audacity Capital uses MetaTrader 5 and DXtrade, and Audacity Capital pays funded traders on a two-week cycle once the first payout clears.

Audacity Capital states that it has paid out more than $250 million to traders across 140 countries as of July 2026. Audacity Capital is headquartered in London and markets itself on operating history rather than on aggressive pricing.

Who legally operates Audacity Capital

Audacity Capital's legal structure splits trading and payments across three entities, and Audacity Capital publishes all three in the site footer. Trading activity runs through AudaCity Global LTD, registration number 15850, under an International Brokerage and Clearing House Licence numbered L15850/WL issued by the Union of Comoros, with a registered office in Mutsamudu, Anjouan. AudaCity International FZCO, licence DSO-FZCO 38282 at Dubai Silicon Oasis, acts only as a payment facilitator. Propmetry Limited, company number HE469039 in Limassol, Cyprus, acts as an additional payment partner. Audacity Capital also runs a UK office at 25 Cabot Square, Level 11, London E14 4QZ.

Watch the domain

Audacity Capital states that it operates through one website only, audacity.capital, plus the trader dashboard at trade.audacitycapital.co.uk. Audacity Capital treats any other domain or social profile claiming to represent the firm as fraudulent. Check the address bar before you pay, because prop firm brand names get cloned often.

Audacity Capital sells three routes to a funded account. The Ability Challenge is a two-step evaluation. Ability One is a one-step evaluation launched in October 2025. The Funded Trader Program is Audacity Capital's instant funding route, which skips evaluation and places approved traders straight onto a live account. All three run without a time limit.

Ability Challenge targets and limits

Audacity Capital's 15% maximum drawdown in Phase 1 is the widest allowance among established firms. Audacity Capital tightens that to 10% in Verification and on the live account, so the room you get during evaluation is not the room you keep once funded. Plan the funded stage against 10%, not 15%.

Audacity Capital prices the Ability Challenge per account size as a one-time fee, verified live on audacity.capital on 9 August 2026. Audacity Capital refunds this fee alongside your first payout, provided the payout is larger than the fee and the account has stayed compliant with the rules.

Audacity Capital's daily loss limit is fixed for the duration of each trading day and recalculates at rollover. At 12AM GMT+2 server time, Audacity Capital sets the day's daily drawdown level from your balance or your equity, whichever is higher at that moment. That level then holds for the whole day regardless of what your balance does. This is the mechanic that breaches most Audacity Capital accounts, and it is not obvious from the marketing.

The trap is holding a winning trade through rollover. Audacity Capital reads your floating equity at midnight, which is higher than your balance because the trade is in profit. Audacity Capital then sets the day's loss limit from that inflated equity figure. If the trade reverses the next day, you are measured against a threshold built on profit you never banked.

Worked example from Audacity Capital's own documentation

A trader holds a $50,000 Ability Challenge account. The daily limit is 7.5%, so the level starts at $46,250. The trader opens a position and holds it through the day at $4,000 profit. At rollover the balance is still $50,000 but floating equity is $54,000. Audacity Capital takes the higher figure, so the new daily limit is 7.5% of $54,000, which is $4,050, and the day's level is set at $49,950. The trade then reverses and closes at a $5,000 loss, leaving a balance of $49,000. The account is breached, even though the trader is only $1,000 below the starting balance.

Maximum drawdown works differently and is simpler. Audacity Capital measures the 15% Phase 1 maximum against your initial account balance, so on a $50,000 account your equity must never fall below $42,500. That figure includes open positions, commissions and swaps, and it does not move. On Verification and live accounts the maximum tightens to 10%, so the floor on a $50,000 account becomes $45,000.

Audacity Capital removed the consistency rule and states in its current trading guidelines that no consistency rule is in place. Audacity Capital confirms that traders can distribute profit across trading days however their strategy requires, as long as risk management rules are followed. This checked out against the Audacity Capital knowledge center on 9 August 2026.

Reviews published elsewhere still describe an active consistency score with a formula and a minimum threshold. That happens because Audacity Capital's older help center still hosts the original consistency rule article, complete with the worked calculation, and search engines still surface it. The legacy article describes a rule Audacity Capital no longer enforces. Check the trading guidelines page in the knowledge center rather than the help center archive.

Audacity Capital pays the first payout 14 days after your first trade on the Ability live account, then moves to a two-week cycle. Audacity Capital scales the profit split by how much you make and how fast. Traders withdrawing under 10% profit receive 75%. Traders withdrawing more than 10% profit within 30 days receive 85%. Traders who have doubled the account twice while consistently clearing 10% qualify for up to 90%.

Audacity Capital refunds the Ability Challenge and Ability One fee with that first payout, provided the payout is bigger than the fee and the account has stayed compliant. If your profit has not reached the level needed to cover both, Audacity Capital lets you withdraw your 75% share and keep trading until the refund clears on a later payout.

Audacity Capital also blocks trading while a doubling and payout request is being processed, across all three programs. Expect a gap in your trading calendar around each scaling event.

Audacity Capital runs two different scaling models depending on which program you bought. On the Ability route, Audacity Capital requires 2.5% or better monthly profit for three consecutive months, then doubles the account balance. Audacity Capital reviews scaling every three months and requires at least one withdrawal in that window.

On the Funded Trader Program, Audacity Capital doubles the account every time you hit the profit target, with no timeframe requirement. Audacity Capital allows that route to scale past $2 million in allocation, though the lower profit split applies throughout.

Audacity Capital runs MetaTrader 5 and DXtrade. Audacity Capital offers DXtrade in the browser with no download, using your dashboard credentials. Audacity Capital restricts US residents to DXtrade only, where local rules permit participation at all.

Audacity Capital breaches accounts for three things beyond the drawdown limits, and the first one catches traders who have done nothing wrong.

Six months of inactivity

Audacity Capital permanently disables and breaches any account with no trading activity for six months. Audacity Capital applies this to Ability accounts at every stage, to Ability One, and to the Funded Trader Program. A funded trader who steps away for a season loses the account.

Coordinated trading across accounts

Audacity Capital prohibits coordinated trading across multiple accounts and cross-account hedging. Both restrictions are standard across the prop industry and both are enforced at the risk review stage.

Risk team review

Audacity Capital reviews every account at challenge pass and at payout request. Audacity Capital can require a strategy change or breach the account outright if that review finds activity the firm considers abusive.

Audacity Capital also runs its own promotional code, 250M, advertising 25% off all programs to mark $250 million in trader payouts. Code FT gives the larger discount. Apply one code at checkout and take whichever number is higher.

Audacity Capital's 15% Phase 1 maximum drawdown is the reason to choose it. If drawdown room is not your priority, these firms cover similar ground with different tradeoffs.

FTMO's 10% static drawdown and FXIFY's 10% trailing drawdown both give less room than Audacity Capital on the same account size. For a wider view, see our full prop firm comparison.

Audacity Capital is worth considering for one specific reason. The 15% Phase 1 maximum drawdown and 7.5% daily loss limit give more room than almost any competitor, and a 14-year operating record backs that up. Swing traders and news traders who keep getting stopped out by 10% limits elsewhere have a real case for buying the Ability Challenge here.

Two things should give you pause. The nightly daily-loss recalculation on equity is the single biggest source of unexpected breaches at Audacity Capital, and traders who do not model it before funding tend to find out the expensive way. The Funded Trader Program's 50% to 60% profit split makes instant funding poor value against the Ability route unless you specifically cannot pass an evaluation.

Buy the Ability Challenge, not the instant funding. Read the drawdown examples in the Audacity Capital knowledge center twice before your first trade. Use code FT for 30% off at checkout.