Audacity Capital Review 2024

What is Audacity Capital?

Audacity Capital Website Screenshot

Audacity Capital is a proprietary forex trading firm based in London. It has been empowering professional traders since 2012. The firm offers funded programs for traders with different levels of experience and expertise. The firm’s primary purpose is to fund traders with the right amount of capital, allowing them to have enough leverage to use for trading. The proprietary firm typically uses its capital to create profits. It does this by hiring a prop trader who operates as the company’s contractor. When the trader makes profits, they receive a certain percentage, and the prop company takes care of the rest depending on the agreement. Audacity Capital invests in various things in the market, including forex, stocks, bonds, commodities, and derivatives. This means that traders can join a remote forex prop firm and choose any field depending on their experience and expertise. The firm offers a Funded Trader Program. This program offers traders large capital to be able to have enough leverage to trade with profits. Once this is achieved, these profits are split between the trader and the Proprietary Firm. Many people are becoming profitable, learning trading skills and strategies from many online resources but they still lack the capital to make big profits. This is why Funded Trader programs are here. Audacity Capital is one of the best forex funded programs designed for profitable and talented Forex traders. The firm offers direct access to a live environment trading account and customizable initial capital. It empowers traders to start with $30,000 or $60,000 without demo challenges. The Pro streamlines the Funded Trader Program for quicker earning potential. In conclusion, Audacity Capital is a reputable firm that provides a platform for traders to leverage their skills and expertise in the forex market. It offers a unique opportunity for traders to access significant capital and potentially earn substantial profits.

What is the Review Rating of Audacity Capital?

Forexbrokersinfo.com is regularly checking the ratings of Audacity Capital at forex broker review sites.
Audacity Capital has been reviewed and rated by:
  • Trustpilot: Trustpilot rated Audacity Capital with a score of 92. This rating was last checked at 2024-01-06 18:19:02.
  • Wikifx: Wikifx rated Audacity Capital with a score of 15. This rating was last checked at 2024-03-14 20:37:02.
The Weighted Average Review Rating calculated by Forexbrokersinfo for Audacity Capital is 21.

What are the Pros of Audacity Capital?

Audacity Capital, a forex proprietary trading firm, offers several advantages that make it an attractive option for both new and experienced traders. Here are some of the key benefits:. Instant Funding: Audacity Capital provides traders with immediate funding, enabling them to start trading with real capital without delay. Educational Support: The platform offers robust trading and educational support, helping traders enhance their skills and make informed trading decisions. Reputation: Founded in 2012, Audacity Capital has been funding talented and ambitious traders for over ten years. It has a long-standing positive reputation and is trusted by traders in over 140 countries. Funded Trader Program: The Funded Trader Program is designed for experienced traders with at least 3-6 months of trading experience. Scaling Plans: Audacity Capital offers competitive scaling plans. The capital amount is doubled each time an investor meets the pre-defined criteria. Flexible Trading Conditions: The firm offers flexible trading conditions, including weekend positions and news trading. Profit Sharing: Traders are eligible for up to a 50/50 profit split following a successful application and interview. However, it’s important to note that while Audacity Capital offers many benefits, it also has some drawbacks such as higher monthly fees and limited profit splits. As with any financial decision, it’s crucial to do thorough research and consider all factors before choosing a proprietary trading firm.

What are the Cons of Audacity Capital?

Audacity Capital, a London-based proprietary trading firm, has been recognized for its role in empowering traders with capital for trading forex, stocks, bonds, commodities, and indices. However, like any financial institution, it has its drawbacks. Here are some of the cons associated with Audacity Capital:. Higher Monthly Fees: Compared to other proprietary trading firms, Audacity Capital charges higher monthly fees. This could be a significant consideration for traders operating on a tight budget. Limited Profit Splits: Audacity Capital offers a profit split of 50/50 or 75/25. This is below the industry standard, with some competitors offering up to 90/10 splits. Asset Trading Restrictions: While Audacity Capital allows trading in forex, stocks, bonds, commodities, and indices, beginner traders are only allowed to trade with forex. They can only trade more volatile assets once they have proven themselves to be profitable. No Demo Accounts: Audacity Capital does not offer demo accounts for risk-free practice. This could be a disadvantage for traders who wish to familiarize themselves with the platform before committing real money. Highly Selective Trader Funding Process: The process of getting funded by Audacity Capital is highly selective, involving extensive interviews. This could be a hurdle for traders who are new to the industry. . In conclusion, while Audacity Capital offers several benefits such as instant funding, good trading and educational support, and fast scaling plans, potential traders should carefully consider these cons before deciding to engage with the firm.

Is Audacity Capital Regulated and who are the Regulators?

Audacity Capital, a proprietary trading firm based in London, UK, is known for its unique approach to the trading industry. The firm, established in 2012, has processed over £2.4 billion in trading volume and has an average monthly payout of £2.8 million. However, it’s important to note that Audacity Capital is not regulated. As it is not a registered broker-dealer, it does not need to be regulated by a financial watchdog such as the Financial Conduct Authority. Despite this, the company’s liquidity providers do adhere to all regulatory requirements. While Audacity Capital is not regulated, it has been recognized by several reputable publications, including Yahoo Finance and MarketWatch. The company has also accepted two awards from The International Investor; Excellence in Professional Trading and Excellence in Trading Innovation. It’s also worth mentioning that Audacity Capital does not work with retail brokers. Instead, it cooperates with an institutional liquidity provider, which allows it to receive the tightest spreads. Overall, while Audacity Capital is not regulated, it has established a strong reputation in the trading industry and continues to provide opportunities for traders around the world.