With so much uncertainty in the Prop Industry, why don’t we focus on the Good parts? Good parts where prop firms are making updates to help traders maximize their trading potential. For instance, Audacity Capital has recently shared new updates to its popular Ability Challenge program. These updates are set to provide aspiring traders with even more opportunities to showcase their skills and maximize their earning potential.
Here are the key updates to Audacity Capital’s Ability Challenge:
Audacity Capital Ability Challenge Updates
Let’s get into the details of the Updates:
Unlimited Trading Period for Both Evaluation Phases
Audacity Capital has introduced an unlimited trading period for both evaluation phases of the Ability Challenge. This change allows participants to trade without the constraints of time. Traders can focus on their trading strategies and performance rather than worrying about meeting tight deadlines.
Reduced Minimum Trading Day Requirements
In response to feedback from traders, Audacity Capital has lowered the minimum trading day requirements from seven calendar days to just four calendar days in each evaluation phase. This means that once you have hit your profit target for the particular phase, you can move on to the next phase in just four days. No more waiting!
Enhanced Profit Split Opportunities
One of the most exciting updates is the introduction of an 85% profit split. The firm introduced an 85% profit split (normal 75%) if certain criteria are met (trader must make a minimum of a 10% profit on his funded account in order for his profit split to be paid out of 85%; this is only for the month that the 10% profit was made, meaning that next month the profit will be back to 75% if a 10% profit isn’t achieved again)
These updates to Audacity Capital’s Ability Challenge demonstrate the firm’s unwavering commitment to supporting and rewarding trading talent. By providing greater flexibility and offering the potential for increased profit sharing, Audacity Capital is empowering traders to excel and take their trading careers to new heights.
About the Firm
Audacity Capital is a proprietary trading firm founded in 2012 with the idea to help traders prosper. The headquarters are located in the UK, London. They offer their clients a chance to work with up to $2,000,000 in capital. They are partnered with an institutional liquidity provider that allows them to benefit from deep liquidity in the market with no commissions or swaps on trades and tight spreads.