FTMO vs AudaCity Capital: A Comprehensive Prop Trading Comparison
Selecting the right proprietary trading firm is crucial for traders seeking growth and profitability. This comparison delves into FTMO and AudaCity Capital, two prominent prop trading firms, evaluating their evaluation processes, trading platforms, profit splits, and trading rules to help you make an informed decision.
FTMO
- Evaluation Fee Range
- €89.00 – €1,080.00; $89.00 – $1,080.00
- Profit Split
- 80%
- Max Total Funding
- $200,000.00
- Trading Platforms
- MetaTrader 4, MetaTrader 5, cTrader
AudaCity Capital
- Evaluation Fee Range
- $129.00 – $1,559.00; $329.00 – $2,399.00 / month
- Profit Split
- 75%
- Max Total Funding
- $480,000.00
- Trading Platforms
- MetaTrader 4, MetaTrader 5
Key Metrics Comparison
This table compares the facts currently shown for each firm side by side.
— means a supported value is currently not available on WhichPropFirm for that field. It does not mean zero.
| Metric | FTMO | AudaCity Capital |
|---|---|---|
| Profit Split | 80% | 75% |
| Evaluation Fee Range | €89.00 – €1,080.00; $89.00 – $1,080.00 | $129.00 – $1,559.00; $329.00 – $2,399.00 / month |
| Activation Fee | $0.00 | $0.00 |
| Data Platform Fee | — | $99.00 |
| Evaluation Steps | 2 | 0 – 2 |
| Profit Target | 10% | 10% |
| Daily Drawdown | 5% | 7.5% |
| Max Drawdown | 10% | 10% – 15% |
| Min Trading Days | 4 | 4 – 5 |
| News Trading | No | No |
| Scalping | Yes | Yes |
| Expert Advisors (EAs) | Yes | Yes |
| Weekend Holding | No | Yes |
| Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader | MetaTrader 4, MetaTrader 5 |
| Payout Methods | Bank Transfer, Crypto | — |
| Headquarters | Czech Republic | United Kingdom |
Evaluation Process
FTMO’s evaluation process involves two distinct stages: the Challenge and Verification. Traders must achieve a 10% profit target with a 5% daily drawdown limit in the Challenge stage, followed by a similar Verification process with a reduced profit target. AudaCity Capital also employs a two-stage evaluation through its Ability Challenge. However, it allows for a higher daily drawdown of 7.5%, making it slightly more lenient for traders. Both firms require a minimum of four trading days, ensuring traders demonstrate consistent performance over time.
Trading Rules & Restrictions
FTMO enforces strict rules, prohibiting news trading and weekend holding, though it does allow scalping and the use of expert advisors. This makes it ideal for traders who prefer short-term strategies within market hours. Conversely, AudaCity Capital offers more flexibility by permitting weekend holding, making it suitable for traders who prefer holding positions for extended periods. Both firms prohibit news trading, emphasizing the need for traders to avoid high-volatility periods.
Profit Splits & Payouts
FTMO offers an attractive 80% profit split, with the possibility of increasing to 90% for consistent performers. Payouts are processed monthly through various methods including bank transfers and PayPal. AudaCity Capital provides a 75% profit split, slightly lower than FTMO, but also processes payouts monthly. It supports various payment methods, offering convenience to traders across the globe. Both firms ensure traders receive their share of profits promptly, encouraging continued engagement.
Platforms & Tradable Markets
FTMO supports a broad range of platforms including MetaTrader 4, MetaTrader 5, cTrader, and DXtrade, catering to diverse trading preferences. This variety allows traders to choose a platform that best suits their trading style. AudaCity Capital offers MetaTrader 4 and MetaTrader 5, focusing on these popular platforms to provide a stable trading environment. Both firms offer mixed instruments, enabling traders to explore various market opportunities effectively.
Account Sizes & Scaling
FTMO allows traders to manage accounts up to $200,000, with potential scaling to $2,000,000 upon meeting performance criteria. This progressive approach incentivizes traders to maintain high performance. AudaCity Capital provides accounts starting from $15,000, with scaling opportunities up to $2,000,000, accommodating both new and experienced traders. Both firms encourage growth through structured account scaling, rewarding traders who consistently achieve targets.
Strengths & Weaknesses
FTMO
Strengths
- Higher profit split potential, up to 90%.
- Wide range of trading platforms including cTrader and DXtrade.
- Structured evaluation process with clear targets.
- Lower evaluation fees compared to AudaCity Capital.
Weaknesses
- No weekend holding allowed, limiting trading strategies.
- Prohibition of news trading could restrict some strategies.
- Higher daily drawdown limits could challenge risk management.
AudaCity Capital
Strengths
- Allows weekend holding, offering more trading flexibility.
- Higher daily drawdown limits provide more risk management leeway.
- Simple payout structure with multiple payment options.
- Starts with lower account sizes, suitable for beginners.
Weaknesses
- Lower profit split compared to FTMO.
- Higher evaluation fees could deter some traders.
- Limited to MetaTrader platforms, reducing platform variety.
FAQs – FTMO vs AudaCity Capital
Which is better overall, FTMO or AudaCity Capital?
The choice between FTMO and AudaCity Capital depends on your trading style and preferences. FTMO offers a higher profit split and a wide range of platforms, making it ideal for traders who prioritize profitability and platform diversity. AudaCity Capital, with its more flexible trading rules and higher drawdown allowances, might be better suited for traders who value flexibility and risk management.
Which firm is better for beginners?
For beginners, AudaCity Capital might be a more suitable choice due to its lower starting account sizes and higher daily drawdown limits, which provide more room for error as traders learn. However, FTMO could also be appealing for those who want to access a broader range of trading platforms and aim for higher profit splits.
How often can I receive payouts from FTMO and AudaCity Capital?
Both firms process payouts monthly, ensuring traders regularly receive their share of profits. This consistent schedule supports traders in managing their cash flow effectively.
What payout methods do FTMO and AudaCity Capital offer?
FTMO and AudaCity Capital provide multiple payout methods including bank transfers, PayPal, and cryptocurrencies, offering flexibility and convenience for traders worldwide.
How does customer support compare between FTMO and AudaCity Capital?
Both firms are known for robust customer support, offering assistance via email and chat. The quality of support is crucial, as timely help can resolve trading issues promptly, ensuring smooth operations.
What educational resources do FTMO and AudaCity Capital provide?
FTMO and AudaCity Capital offer various educational resources, including webinars, guides, and trading insights. These resources are invaluable for both beginners and experienced traders looking to enhance their skills.
Can I trade news events with FTMO and AudaCity Capital?
Neither FTMO nor AudaCity Capital allows news trading, which requires traders to avoid high-volatility periods caused by economic releases. This restriction means traders need to plan their trades around news events to comply with firm rules.
What trading platforms and instruments do FTMO and AudaCity Capital offer?
FTMO offers a wide selection of platforms including MetaTrader 4, MetaTrader 5, cTrader, and DXtrade, catering to various trader preferences. AudaCity Capital focuses on MetaTrader 4 and MetaTrader 5. Both firms provide access to mixed instruments, allowing for diverse trading strategies.
What's the maximum funding I can get with FTMO vs AudaCity Capital?
Both FTMO and AudaCity Capital offer maximum funding up to $2,000,000. However, FTMO starts with account sizes up to $200,000, while AudaCity Capital begins with $15,000, providing varying entry points depending on trader experience.
How do FTMO and AudaCity Capital handle scaling opportunities?
FTMO and AudaCity Capital both offer scaling opportunities based on performance. FTMO allows scaling from $200,000 to $2,000,000, encouraging traders with consistent success. AudaCity Capital provides similar scaling, starting from $15,000, offering a path for gradual account growth.
How difficult is the evaluation process with FTMO vs AudaCity Capital?
FTMO’s evaluation involves achieving a 10% profit target with a 5% daily drawdown, which may be challenging for some. AudaCity Capital offers a slightly more forgiving daily drawdown limit of 7.5%, potentially making their evaluation less stringent and more achievable for traders.
What are the evaluation costs for FTMO and AudaCity Capital?
FTMO’s evaluation fees range from $89 to $1,080, generally lower than AudaCity Capital’s $129 to $2,399. Neither firm offers a refund policy, so traders should carefully consider their readiness before committing to an evaluation.
How do the profit splits compare between FTMO and AudaCity Capital?
FTMO offers a more attractive profit split of 80%, potentially increasing to 90% for high-performing traders. AudaCity Capital offers a 75% profit split, which is slightly lower but still competitive.
What are the profit withdrawal rules with FTMO and AudaCity Capital?
Both FTMO and AudaCity Capital process profit withdrawals monthly, with various payment methods available. FTMO’s higher profit split and potential increase offer an incentive for traders to maximize their earnings.
Which is Better – FTMO or AudaCity Capital?
Choosing between FTMO and AudaCity Capital depends on your trading style and priorities. FTMO offers more potential for profit with its higher splits and platform diversity, whereas AudaCity Capital provides flexibility and risk management leniency. Carefully consider your trading preferences and goals to select the firm that best aligns with your needs.