Explore Our Funded Trader Programs
Ability Challenge
The Ability Challenge is open to traders of all backgrounds and experience levels. Start with up to $240,000 in capital and prove your skills through a structured evaluation. Show your potential and trade your way to becoming a funded trader.
Ability One
Experience a faster path to live trading with our streamlined one-step funding program. Prove your trading ability on a demo account and transition faster to a live funded account, no second phase required. Choose your preferred account size and take advantage of premium liquidity, giving you clarity and confidence as you trade.
Funded Trader Program
The Funded Trader Program gives you live capital from $7,500 to $60,000, with the potential to scale up to $2 million. Designed to unlock your potential, it offers institutional-level resources to help you trade and grow successfully.
Funding. Freedom. Fairness.
Tailored Funding Options:
Choose from our Ability Challenge or Funded Trader Program, starting from $7.5k up to $240k starting capital, with account scaling up to $2m in capital.
24/7 Dedicated Support:
Access our round-the-clock support team for assistance with your trading account.
Transparent Profit Sharing:
Earn up to 90% profit share with clear trading guidelines to ensure seamless trading.
Flexible Trading Platforms:
Trade major and minor forex pairs, indices, and gold on MT5 & DXtrade.
Our Successful Traders
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Challenge
Scaling Plans
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phase 1
Max Drawdown
$750
Based on Initial Balance
Total Loss 15%
Daily loss: 7.5%
Profit Target
$500
Based on Balance
Target : 10%
phase 2
Max Drawdown
$500
Based on Initial Balance
Total Loss 10%
Daily loss: 5%
Profit Target
$250
Based on Balance
Target : 5%
live
Max Drawdown
$500
Based on Initial Balance
Total Loss 10%
Daily loss: 5%
Profit Target
More than 10%
Less than 10%
Customer Support In 15 Languages
Unlock your potential with our robust payout system. Enjoy bi-weekly payouts for consistent income, with a streamlined process that lets you focus on trading and achieving your financial goals.
Have Questions?
If the question is not available on our FAQ section, feel free to contact us personally, we will resolve your respective doubts.
Audacity Capital’s Funded Trader Program allows traders to access trading capital without risking large amounts of their own money. Instead of trading personal funds, traders operate funded accounts within structured risk parameters.
Ability Challenge
Daily Drawdown
Challenge Phase has a daily drawdown of 7.5%
Verification Phase has a daily drawdown of 5%
Live Phase has a daily drawdown of 5%
Maximum Drawdown
Challenge Phase has a maximum drawdown of 15%
Verification Phase has a maximum drawdown of 10%
Live Phase has a daily drawdown of 10%
Funded Trader Program
Daily Drawdown
Maintain a daily drawdown limit of 5%.
Maximum Drawdown
Program imposes a maximum drawdown of 10%.
For reference to MetaTrader server times:
March - October*
MT5: 22:00 GMT+1 (12am GMT+3)
November - February*
MT5: 22:00 GMT+0 (12am GMT+2)
*please note times are subject to change due to daylight saving time in the UK
Ability Challenge Drawdown
Daily Drawdown
The maximum daily drawdown threshold resets every day at 12AM GMT+2 time based on balance or equity whichever is higher during the rollover.
Initially, the daily drawdown amount is set to 7.5% of the balance or equity whichever is greater during the rollover (it is 5% during the Verification phase). During the day if your balance or equity goes above your balance or equity from where the daily drawdown threshold was calculated during the rollover your daily drawdown threshold also moves up and gets calculated again from your new equity high that was made during the trading day.
Examples:
Scenario 1
The trader has a $120k Account. They have a max daily drawdown of $9k during Challenge Phase, so the Daily Drawdown level is set at $111k for the day. The trader opens the first trade and closes it with profit $3k. Their balance is now $123k and the new daily drawdown threshold is set at $113,775 (7.5% from $123k). They open another position and close it at a loss of $10k. The balance is now $113k.
Result - The Account is breached since the Daily drawdown level for the day was set at $113,775 and the balance is 113k.
Scenario 2
The trader has a $60k Account. They have a max daily drawdown of $4.5k during the Challenge Phase, so the Daily Drawdown level is set at $55.5k for the day. The trader opens the first trade and holds it till the end of the day at a profit of 4k and the day resets. At 12AM GMT+2 server time, the balance is 60k and floating equity becomes 64k so for that day the daily drawdown limit becomes $4.8k (7.5% of 64k), and the daily drawdown level is set at $64k - $4.8k = $59.2k. Now suppose the trade reverses and closes at a loss of $1k and the balance becomes $59k.
Result - The Account is violated since the daily drawdown level for the day was set at $59.2k and the balance became $59k.
Scenario 3
The trader has a $120k Account. They have a max daily drawdown of $9k during the Challenge Phase, so the Daily Drawdown level is set at $111k for the day. The trader opens the first trade and holds it till the end of the day at a floating loss of 6k and the day resets. At 12AM GMT+2 server time, the balance is 120k and floating equity becomes 114k so for that day the daily drawdown level will calculated from the balance as it is higher than equity and will be set at $111k. Now the trade closes at a losses of 10k and the balance becomes $110k
Result - The Account is violated since the daily drawdown level for the day was set at $111k and the balance became $110k
Maximum Drawdown
Maximum Total Drawdown | 15% and 10%
The maximum total drawdown is 15% during the challenge phase. Therefore, the equity of the account must not fall below 85% of the initial account balance both for open and closed positions, including commissions and swaps. Example: For a $60k Challenge account, your equity shall never go below $51k.
The maximum total drawdown is 10% during the Verification and Live phase. Therefore, the equity must not fall below 90% of the initial account balance both for open and closed positions, including commissions and swaps. Example: For a $60k Verification account, your equity shall never go below $54k.
Funded Trader Program Drawdown
Daily Drawdown
The maximum daily drawdown threshold resets every day at 12AM GMT+2 time based on balance or equity whichever is higher during the rollover
Initially, the daily drawdown amount is set to 5% of the balance or equity whichever is greater during the rollover. During the day if your balance or equity goes above your balance or equity from where the daily drawdown threshold was calculated during the rollover your daily drawdown threshold also moves up and gets calculated again from your new equity high that was made during the trading day.
Examples:
Scenario 1
The trader starts with a $15,000 account and has a maximum daily drawdown limit of $750. On the first trade, they lose $500, reducing the account balance to $14,500. The trader then opens a second position, which goes into a drawdown of more than $250.
Result - The account is violated since the overall loss for the day is more than $750
Scenario 2
The trader has a $60k Account. They have a max daily drawdown of $3k initially. The trader opens the first trade and closes it with profit $2k. Their balance is now $62k, and the new daily drawdown threshold is set at $58.9k (5% of $62k). They open another trade and make a loss of $3.5k and the balance becomes $58.5k.
Result - The account is violated since the account balance reached till $58.5k whereas the daily drawdown level was set at $58.9k
Scenario 3
The trader has a $30k Account. They have a max daily drawdown of $1.5k. On the first day the max daily drawdown is set at $28.5k. The trader opens the first trade and loses $1k. The trader opens the second position and makes $800. The balance is now $29.8k. The Trader opens a new position and it is floating a $1k drawdown. The day now resets (12AM GMT+2 server time) and their max daily drawdown will be calculated based on the balance $29.8k minus the max DD on the day $1490 which equals $28,310. The trade turns around to go into profit and is floating $700 in profit. The day changes (12AM GMT+2 server time) and the trade is held overnight. The balance is $29.8k but the floating equity is $30.5k. Their max daily drawdown will be calculated based on the equity $30.5k (because it is higher than balance) minus the max DD on that day $1,525 (5% of $30.5k), which equals $28,975. Without going any higher the trade reverses and comes back to break even. They close the position. Their balance now is $29.8k.
Result - The account is still valid since the current balance is above the daily drawdown level.
Maximum Drawdown
Maximum Total Drawdown | 10%
The maximum total drawdown is 10% during the Funded Trader Program. Therefore, the equity must not fall below 90% of the initial account balance both for open and closed positions, including commissions and swaps. Example: For a $15k FTP account, your equity shall never go below $13.5k.
Ability Challenge Profit Target
Challenge Phase has a profit target of 10%
Verification Phase has a profit target of 5%
There is no profit target on the live stage.
Funded Trader Program Profit Target
To be eligible for withdrawal, the profit target is 10%.
Both the Ability Challenge and the Funded Trader Program offer unlimited trading time. However, please be aware of our inactivity rule.