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AudaCity Capital

AudaCity Capital is a proprietary trading firm offering funded trading accounts to skilled traders. The firm provides capital to traders who can demonstrate consistent profitability through their evaluation process.

CEO:
Karim Yousfi
Country:
United Kingdom
Founded:
2012
Start Challenge

Verification pending

Fees and rules can change. Check the firm’s official terms before purchasing.

What is AudaCity Capital and what makes it unique?

AudaCity Capital is a proprietary trading firm headquartered in the United Kingdom. It offers traders unique opportunities with features like a 75% profit split, max funding up to $48,000,000, and platforms such as MetaTrader 4 and 5. Its standout features include no minimum stop loss requirement and the ability to hold positions overnight and over weekends.

What are the main features of AudaCity Capital?

AudaCity Capital offers a 75% profit split, maximum funding of $48,000,000, and a profit target of 10%. Traders can use MetaTrader 4 and 5 platforms, engage in scalping, and hold positions overnight and over weekends. However, news trading and high-frequency trading are not allowed.

Where is AudaCity Capital located?

AudaCity Capital is headquartered in the United Kingdom, providing a robust platform for traders around the globe. The firm's global presence is enhanced by its support for multiple payout methods, including bank transfer, PayPal, cryptocurrency, and Wise.

How much funding can I get with AudaCity Capital?

Traders with AudaCity Capital can receive up to $48,000,000 in funding. The amount of funding is determined by the trader's performance and adherence to the firm's trading rules and evaluation process.

What are the account types offered by AudaCity Capital?

AudaCity Capital offers accounts with varying funding limits, profit splits, and trading conditions tailored to different trader levels. The main types include Ability and Funded Trader programs, each with specific requirements and benefits.

What happens if I violate an account rule with AudaCity Capital?

Violations such as exceeding drawdown limits or engaging in prohibited strategies like hedging may result in account termination. Traders must adhere to a 15% max drawdown and avoid restricted trading strategies to maintain their accounts.

What is the evaluation process for AudaCity Capital?

The evaluation process involves meeting a profit target of 10% within a minimum of 4 trading days without violating the 7.5% daily drawdown and 15% max drawdown rules. Upon successful evaluation, traders can access funded accounts.

What are the fees for AudaCity Capital's evaluation?

Evaluation fees for AudaCity Capital range from $12,900 to $239,900, depending on the account size and program chosen. These fees cover the evaluation process and initial funding setup.

What are the rules during AudaCity Capital's evaluation phase?

During the evaluation phase, traders must adhere to rules such as a 10% profit target, 7.5% daily drawdown limit, and 15% maximum drawdown. Consistency is required, with no single day's profits exceeding 40% of total gains.

What trading platforms does AudaCity Capital support?

AudaCity Capital supports MetaTrader 4 and MetaTrader 5 platforms, providing traders with robust tools for executing trades, analyzing markets, and managing accounts efficiently.

Are there any restrictions on trading strategies with AudaCity Capital?

AudaCity Capital prohibits certain trading strategies, including copy trading, hedging, high-frequency trading, and arbitrage. However, scalping and the use of expert advisors are allowed.

Can I hold positions over the weekend with AudaCity Capital?

Yes, AudaCity Capital allows traders to hold positions over the weekend, providing flexibility in trading strategies and position management. This feature is advantageous for traders who utilize long-term strategies.

How does the profit split work with AudaCity Capital?

AudaCity Capital offers a profit split of up to 75% for traders. The split can vary between 50% to 90% depending on the account type, performance, and specific agreements, allowing traders to maximize their earnings.

What conditions affect the profit split at AudaCity Capital?

The profit split at AudaCity Capital can be affected by factors such as account size, trader performance, and compliance with trading rules. Traders can achieve a higher split by demonstrating consistent and profitable trading.

What are the payout methods available at AudaCity Capital?

AudaCity Capital offers multiple payout methods, including bank transfer, PayPal, cryptocurrency, and Wise, ensuring flexibility and convenience for traders when withdrawing their profits.

How often can traders request payouts from AudaCity Capital?

Traders at AudaCity Capital can request payouts on-demand after reaching a 10% profit target or opt for bi-weekly payouts. The processing time ranges from 48 hours to 4 days, providing efficient access to earnings.

How can I contact AudaCity Capital for support?

Traders can contact AudaCity Capital for support through various channels, including email and phone. The firm is committed to providing timely and effective assistance to address any queries or issues traders may encounter.