Thank you for your Application!

Your application for the Funded Trader Program with Audacity Capital has been received!

Please note: this is subject of approval. In case you don’t get approved, you will get full refund.

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The Funded Trader Program Explained

No Challenges. No time wasting.

First Stage Second Stage Third Stage Fourth Stage Fifth Stage Sixth Stage
Account Size
$15,0000 $30,000 $60,000 $120,000 $240,000 $480,000

Account Size

Every trader that joins our Funded Trader Program starts with an initial account size of $15,000. Every time the trader hits the 10% profit target, we will double the account size up to $480,000 which is the maximum capital any trader can receive.

Lot Size
0.5 1 2 4 8 16

Lot Size

Orders at stage one are capped at a maximum of 0.5 lots, meaning that’s the most exposure you can accumulate at any one time. For instance, you can have either one position worth 0.5 OR five different positions of 0.1. Spreading risk is up to you, and when your account is doubled, so is your risk allowance.

For example, on $30,000, your maximum lot size is 1, and on $60,000, it’s 2 lots. The total drawdown limit is 10%, which is highly unlikely to happen, but you aren’t liable for losses if it does. As such, you won’t owe Audacity Capital any money.

Drawdown
10% 10% 10% 10% 10% 10%

Drawdown

The 10% drawdown is absolute and not trailing and as a firm we relentlessly focus on developing long-term relationships with our traders. That’s achieved by providing you with the environment to perform and prosper.

Target
10% target – $1,500 10% target – $3,000 10% target – $6,000 10% target – $12,000 10% target – $24,000 10% target – $48,000

Profit Target

The profit target is 10% at all times. By hitting the target you are able to withdraw your profit share and progress to the next stage, where we double the size of your account.

Tradable Assets
Forex Forex Forex Forex, Indices & Commodities Forex, Indices & Commodities Forex, Indices & Commodities

Tradable Assets

In the first 3 stages of the account, you can only trade Forex. Once you reach the 4th stage which is a $120,000 account size, you can start trading Indices, Commodities as well as Forex. You will need to send a request to the support team at support@audacitycapital.co.uk

Weekend Positions
Available on request Available on request Available on request Available on request Available on request Available on request

Weekend Positions

You must close all of your positions by Friday 6pm GMT. If you would like to keep a position open over the weekend, you will need to fill in the form using the following link: weekend.audacitycapital.co.uk. You can also find this in the Traders Dashboard.

 

 

News Events
No No No No No No

News Events

At all stages we do not allow trading through major news events. The risk management team will notify all traders via email when positions need to be closed. If you would like to keep an eye on the news, we recommend using www.forexfactory.com

Time Restrictions
Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable

Time Restrictions

At all stages there are no minimum trading days for hitting the 10% profit target.

 

 

Minimum Trading Days
NIL NIL NIL NIL NIL NIL

Minimum Trading Days

At all stages there are no time restrictions for hitting the 10% profit target. 

*The fees are not for us to make a profit, they are just to cover expenses just as data, technology and administration. Like we’re sharing the profit with you 50-50, we’re expecting traders to share some of our expenses with us. We’re trying to build a long-term relationship with our traders, so the monthly platform fee remain the same even if you’re managing a $480 000 account.