Audacity Capital Review 2026

Audacity Capital was established in 2012 and is headquartered at 25 Cabot Square in London's Canary Wharf, one of Europe's premier financial districts. The firm operates under two entities: Audacity Capital LTD (UK Company No. 08865122) and AudaCity Global LTD (Registration No. 15850), licensed under an International Brokerage and Clearing House Licence. CEO Karim Yousfi has led the firm since its founding, building a reputation for providing genuine funded trading opportunities before the prop firm industry became mainstream. With 13 years of operations, Audacity Capital predates most competitors by nearly a decade. The firm initially focused on its Funded Trader Program, which requires a video interview to assess trading knowledge before granting live capital. The Ability Challenge was introduced later to provide a more accessible evaluation path without the interview requirement. Audacity maintains a 4.3/5 Trustpilot rating, though the firm has had some reviews removed from the platform over the years.

Audacity Capital offers two distinct programs. The Ability Challenge is a standard 2-step evaluation available in six account sizes from $10,000 to $240,000. Phase 1 requires a 10% profit target with generous 7.5% daily and 15% maximum drawdown limits, while Phase 2 tightens to a 5% target with 5% daily and 10% maximum drawdown. Both phases require a minimum of 4 trading days with unlimited time to complete. The profit split starts at 75% and can reach 90% through performance milestones. The Funded Trader Program is a unique offering that bypasses traditional evaluation entirely. Available in $7,500, $15,000, and $60,000 sizes, this program requires passing a video interview with Audacity's team to demonstrate trading knowledge and discipline. Once approved, traders receive immediate funded capital with a 10% profit target, 5% daily drawdown, and 10% maximum drawdown. The profit split starts at 50% and increases to 80% based on performance. Three profitable days out of five minimum trading days are required per cycle.

Audacity Capital maintains a comprehensive ruleset that varies between their two programs. During the Ability Challenge, news trading and weekend holding are permitted, giving evaluation traders flexibility. However, once funded through the Funded Trader Program, a 30-minute news trading cooldown applies around high-impact events. EAs and automated strategies are allowed provided they comply with the firm's policies: no martingale, no high-frequency trading, no latency arbitrage, and no grid strategies. Hedging is permitted for risk management purposes, and scalping is allowed across all programs. Copy trading from external sources is prohibited. Audacity enforces a consistency scoring system where traders must maintain a score of 70 or above to be considered consistent. This prevents traders from relying on a single large winning trade to meet targets. Commission is $5 per lot on the Ability Challenge. Leverage is 1:100 during the challenge phase but reduces to 1:30 once funded, which some traders find restrictive.

Payouts at Audacity Capital are processed on a bi-weekly basis, with the first payout available after 30 calendar days of funded trading. This initial waiting period is longer than many competitors who offer payouts within 7-14 days. The profit split on the Ability Challenge starts at 75% and scales to 90% through consistent performance, while the Funded Trader Program ranges from 50% to 80%. Withdrawals are available via PayPal, cryptocurrency, or direct bank transfer. The challenge fee is refundable up to 100% on the first successful payout from a funded account, effectively making the evaluation free for traders who pass and perform well. The scaling program is one of Audacity's key attractions. Traders who maintain at least 2.5% monthly profit over three consecutive months can double their account size when they reach 10% profit. This progression continues up to the $2 million maximum allocation, making Audacity one of the few firms where patient, consistent traders can access institutional-level capital.

Audacity Capital's Ability Challenge pricing is competitive, especially at the lower tiers. The $10K account at $90 and the $60K at $320 represent good value compared to industry averages. The fee refund on the first payout further reduces the effective cost for successful traders. However, the Funded Trader Program carries steep fees relative to account size. The $7,500 account at $329 equates to 4.4% of the account value, and the $60K at $2,399 is 4.0%, which is significantly higher than most evaluation-based alternatives. The lower initial profit split of 50% on this program also means traders earn less per dollar traded compared to the Ability Challenge route. The leverage reduction from 1:100 during challenge to 1:30 when funded is a hidden cost factor, as it limits position sizing and potential returns on funded accounts.

Audacity Capital is best suited for experienced forex traders who prioritize firm credibility and longevity over cutting-edge features. The 13-year track record provides peace of mind that newer firms simply cannot offer. The Ability Challenge's $90 entry point for a $10K account is competitively priced, making it accessible for traders testing the prop firm waters. The Funded Trader Program is unique in the industry, appealing to traders with strong fundamental knowledge who can articulate their strategy in an interview setting. This program suits experienced discretionary traders who prefer to skip simulated evaluations entirely. However, the higher entry cost ($329-$2,399) and lower initial profit split (50%) limit its appeal to those confident in their abilities.

Traders considering Audacity Capital should compare with FTMO for a more established evaluation process with better platform options, or FundedNext for higher profit splits up to 95%. For instant funding without an interview requirement, consider Goat Funded Trader or Funding Pips Zero. Blue Guardian offers similar 2-step challenges with a more generous 85% starting profit split and more instruments. For traders specifically valuing UK-based operations, Instant Funding provides a broader range of programs from the same jurisdiction.