Audacity

Trustpilot

4.7/5

Audacity

50%OFF

No code

Detailed information

Company information

Headquarters

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

Country

United Kingdom

Foundation

2012

CEO

Karim Yousfi

Technical information

Brokers

Liquidity Provider

Assets

Forex, Indices, Commodities

Platforms

Metatrader 4, Metatrader 5

Payment methods

Card, Crypto, PayPal, Transfer

Payout methods

Transfer, Crypto, PayPal

Minimum withdrawal

Funded Trader Program: 10% profit

Payout frequency

● Ability Challenge: First payout after 30 days, next every 14 days ● Funded Trader Program: When reaching th 10% profit

Refund

Full refund after first payout

Spread Metatrader5

ID: 54555 Password: Yq!8YsYa Server: AudaCityGlobal-Live

Leverage

Forex

● Ability Challenge: 100:1 ● Funded Trader Program: 30:1

Metals

● Ability Challenge: 100:1 ● Funded Trader Program: 30:1

Indices

● Ability Challenge: 100:1 ● Funded Trader Program: 30:1

Energies

● Ability Challenge: 25:1 ● Funded Trader Program: 60:1

Crypto

● Ability Challenge: 2:1 ● Funded Trader Program: 2:1

Commissions

Forex

6 / lot

Metals

6 / lot

Indices

10 / lot

Energies

6 / lot

Crypto

0

Commission Free Account
Swap free

Plans and conditions

Maximum allocation

$240,000

Profit split

Ability Challnge: ● The profit share for the first payout is 75% ● If you withdraw over 10% profit in 30 days, the profit share will increase to 85%. ● Once you’ve doubled your account twice and consistently achieved over 10% profit, you'll qualify for up to 90% profit sharing. Funded Trader Program: ● $7.5k, $15k, $30k, and $60k: More than 30 Days to reach target = 50%, Less than 30 days to reach target = 60% ● $120k and $240k: More than 30 Days to reach target = 60%, Less than 30 days to reach target = 70% ● $480k, $960k, and $1.92m: More than 30 Days to reach target = 50%, Less than 30 days to reach target = 60% ● $120k and $240k: More than 30 Days to reach target = 70%, Less than 30 days to reach target = 80%

Maximum drawdown

Balance based

Daily drawdown

Based in highest value between balance and equity

Minimum trading days

● Ability Challenge: 4 days ● Ability One: 3 days ● Funded Trader Program: 5 days ● At least one position must be opened on each of those days

Maximum trading days

No limit

Minimum profitable days

● Funded Trader Program: 3 days (traders must maintain consistency in trade duration and lot sizes to meet the minimum trading requirement)

One-step challenge
Two-step challenge
Three-step challenge
Instant funding
Account scaling

● Eligibility: Traders must demonstrate a monthly profitability of at least 2.5% for the 3 consecutive months. ● Scaling Increase: The account balance is doubled (100% increase) during each scaling event up to $2,000,000. ● Review Cycle: The account is reviewed every 3 months. Traders must make at least one withdrawal within this period.

Monthly competitions

● 1st Place: 3K + $240K Ability Challenge ● 2nd Place:1.5K + $120K Ability Challenge ● 3rd Place: 500+$120K Ability Challenge ● 4th Place: 300+$60K Ability Challenge ● 5th Place:150+$60K Ability Challenge ● 6th – 10th Place: $30K Ability Challenge ● 11th – 25th Place: One-time 30% discount on any Ability Challenge ● 26th – 50th Place: One-time 15% discount on any Ability Challenge

Free trial
Account reset
Account merging
Add-ons

Rules

News trading

Traders in the Funded Trader Program are prohibited from holding open positions during significant news events. Following the conclusion of the news event, a 30-minute waiting period is required before resuming trading.

Expert advisors

Only self-developed EAs are permitted. The use of commercial, publicly available, or third-party-created automated trading tools is strictly prohibited.

Mandatory stop loss
Weekend positions
Hedging
Prohibited strategies

● High-Frequency Trading (HFT) ● Hedging or Group Hedging Across Multiple Accounts ● Martingale Trading ● Dollar Cost Averaging

Consistency rule

The formula for calculation of the Consistency Score is: [1 - (most profitable trading day)/(combined profit on all profitable days)]*100: 1. If the score is above 70 then the trader is considered as consistent. 2. If the score lies between 50 - 70 then the risk team will manually review the account and decide whether the trader should continue trading until the score becomes above 70 or pass them. 3. If the score is less than 50, then the trader shall continue trading the account until the score reaches above 50 and then the risk team can take a call.

Innactivity rule

6 months

Scalping
Stacking
Maximum risk limit

Maximum limit of 10 lots per open position. You may open multiple positions, but each individual position cannot exceed 10 lots.

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