Audacity Capital has introduced a new challenge for all their traders which is a two-step evaluation called the Ability challenge. This new challenge is the same as the prop firm industry’s classic two-step funding programs with its specified set of rules. Unlike the previous funding that they were providing where an individual had to have an interview in order to be accepted, this one will only require a one-time fee to participate.
You will be able to choose from the following Ability challenge account sizes:
- $15,000 account for a one-time fee of £149
- $30,000 account for a one-time fee of £269
- $60,000 account for a one-time fee of £369
- $120,000 account for a one-time fee of £629
Available payment methods: Credit/Debit card, PayPal, Bank transfer, BTC, and Skrill.
Phase 1 Ability challenge parameters:
- Profit target: 10%
- Maximum daily drawdown: 7.5%
- Maximum absolute drawdown: 15%
- Minimum trading days: 7 calendar days
- Maximum trading period: 30 calendar days
- Leverage: 1:100
Phase 2 Ability challenge parameters:
- Profit target: 10%
- Maximum daily drawdown: 5%
- Maximum absolute drawdown: 10%
- Minimum trading days: 7 calendar days
- Maximum trading period: 60 calendar days
- Leverage: 1:100
Live account Ability challenge parameters:
- Profit target: No limit
- Maximum daily drawdown: 5%
- Maximum absolute drawdown: 10%
- Minimum trading days: No limit
- Maximum trading days: No limit
- Leverage: 1:100
- Profit split: 75%
- Payments: Monthly
Audacity Capital Ability challenge has relaxed rules and allows all trading strategies. You will also be able to use EAs, trade during news, hold trades overnight, and during the weekends. You will be able to trade forex pairs, commodities, and indices with almost no restrictions.
What do you think about the new Ability challenge so far? Comment below!
Audacity Capital 5% discount code: FOREXPROP5%
You can visit the Audacity Capital website, or read our review.
