Audacity Capital
The sales pages and the contract describe two different products, and the contract is the quieter one. The shop sells the Ability Challenge at 7.5%/15% then 5%/10%, Ability One at 3%/6% and FTP on a 5% trailing daily limit over a 10% floor; the Funded section of the terms names none of those numbers, bars the major news events with all exposure cleared 30 minutes before, and lets the firm pull any trader at any time without explanation. The homepage banner reads No Consistency Rule anymore while the General Terms carry a Consistency Clause that fails the Ability Challenge, and the refund promised at the checkout is contradicted by a clause that makes every payment final. The company on the contract is AudaCity Global LTD, licensed in the Union of Comoros, under a site whose About page calls itself London-born.
Three products, three different rule books and one contract that states none of them. Capacity is the same wherever it is published: no ceiling on one payout, none on the total and no limit on how many — and the pages that exist to answer those questions simply do not. The drawdown is the sharpest split: FTP calls its daily floor trailing while the Funded page answers the same question with static and fixed rather than trailing, and a trailing floor can close a winning account. The Ability One page is the only place a third drawdown table appears, and its leverage is never published: the FAQ gives 1:100 to the Ability Challenge and 1:30 to the Funded Program and does not name Ability One at all. The cheapest product is the one with no readable per-size price: the page sells from $199 and the table is drawn in the checkout. Payouts run bi-weekly with the first fourteen days after the first live trade on the evaluated routes and after five trading days on FTP, refundable on the first qualifying payout and final once trading starts, depending on which sentence you read.
Not enough published data to simulate this firm’s floor.
Crossed one of the seven hard bars. Open the row and it names which one, with the mechanism spelled out. This is not a low grade — no quantity of virtue elsewhere buys it off, which is why it carries no rank at all.
Disqualified for
Trustpilot: fabricated-reviews warning
Trustpilot withholds the rating and serves a fabricated-reviews warning — a third party concluding the firm faked its own reviews. A low score is not this; every prop firm has angry traders. This is separate from having no legal entity: a firm can publish its registration number and still be caught doing it.
What they published
“Traders will need to demonstrate consistency within their results in regards, but not limited to trade length and lot size in order to pass the minimum trading days required for the specific programs.”“FTP uses a trailing drawdown, no consistency rule, and the same terms whichever account size you choose.”Scorecard
10Trails on daily closes only, then freezes at your starting balance
A named company, but no financial regulator anywhere — or a light-touch one only
Workable, but a cap or a waiting period bites
Two official channels disagree on a number that matters
Reviews suppressed for manipulation, or the firm is gone
Each axis is scored 0–5 against a published scale. The line under each bar is the rung this firm landed on — not our summary of it, the scale entry itself.
The score is published anyway, because it is the honest picture: a firm can be strong on four axes and still be disqualified on one mechanism. A disqualifier is not a low grade — it is a rule we will not trade under at any price.
Plan by plan
3 of this firm’s challenges were read plan by plan, with a citation behind every answer. See them side by side →
Two independent exams with static floors and no clock: 10% against 7.5% daily and 15% total, then 5% against 5% and 10%. The four-day minimum is a floor on speed, not a waiting period. What earns the caution is the contract behind it: a Consistency Clause that fails the challenge and a news ban the sales page says does not exist.
One exam: 10% against a static 3% daily and 6% total, three trading days minimum, no time limit. The page never says whether either limit runs on the day close or on live equity, and no leverage figure is published for this product at all — the FAQ assigns 1:100 to the Ability Challenge and 1:30 to the Funded Program and skips this one.
No evaluation: buy the account and trade. The daily limit is sold as trailing in the product page rule block and as fixed and static on the Funded page, and the harsher of the two — a daily floor that follows a winning day — is the one recorded here. The floor locks nowhere the firm publishes. Price is per size in the checkout and not on any static page.
Trustpilot
score withheld by Trustpilot — this is the figure it computes but will not show
Trustpilot removed reviews it found to be fake and withheld the rating. This is not a low score — it is a third party concluding the firm wrote its own praise.
What this firm published
Everything below is quoted from a page we opened, on the date shown. The quotes are in the firm’s own language, exactly as published — never edited, never shortened, never swapped for a translation. On the Spanish edition our own rendering appears underneath each one, unquoted and marked as ours: the quotation marks on this site mean the words are the firm’s, and nothing we wrote ever wears them. Where we have not read enough to put a number on an axis, we say so instead of guessing.
3/5
Can you even pass?
Almost nobody who pays for an evaluation ever reaches a funded account, so this is the part of the product most customers actually buy. Every firm advertises its profit target; none of them advertises that target next to how much you are allowed to lose while chasing it.
2/5
Can you keep the money?
The drawdown takes the account away; the payout rules take the money. Answered by whichever of the two we can measure and is worse — they are two ways of losing the same thing, so a good half cannot pay for a bad one.
2/5
Is anyone behind it?
A named company, a market, and rules you could read before paying. These three do not substitute for one another — a company you can sue does not stop existing because the account is a simulation — so this is the average of the ones we could measure, not the worst.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $14.40/8
“Phase 1: Challenge Profit Target 10% Daily DD 7.5% Max DD 15% Min Trading Days 4 Days Time limit Unlimited Phase 2: Verification Profit Target 5% Daily DD 5% Max DD 10% Min Trading Days 4 Days Time limit Unlimited”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finishThey state there is none.no change3/3
“No. Unlike many prop firms, the Ability Challenge (2 steps) has no maximum time limit. You can complete each phase at your own pace, provided you meet the minimum trading-day requirement.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put in4 daysno change2/2
“Phase 1: Challenge Profit Target 10% Daily DD 7.5% Max DD 15% Min Trading Days 4 Days Time limit Unlimited Phase 2: Verification Profit Target 5% Daily DD 5% Max DD 10% Min Trading Days 4 Days Time limit Unlimited”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsThey do not say.0/2
we read the page that should answer this and it does not
A free second attempt turns one bad week into a delay instead of another invoice.
Profit target10%5%—
“Phase 1: Challenge Profit Target 10% Daily DD 7.5% Max DD 15% Min Trading Days 4 Days Time limit Unlimited Phase 2: Verification Profit Target 5% Daily DD 5% Max DD 10% Min Trading Days 4 Days Time limit Unlimited”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit does not move at allno changeno change3/3
“Daily Drawdown (Static) 7.5% 5% Maximum Drawdown (Static) 15% 10% Minimum Trading Days 4 Days 4 Days Time Limit Unlimited Unlimited”“Audacity uses static drawdown, so a winning day can never tighten the floor beneath you the way trailing-drawdown models do.”A limit that climbs takes back the cushion you already earned.
What the limit is measured againstlive equity, open trades includedno changeno change1/2
“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.”“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.”Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limit7.5%, measured on live equity, open trades included5%, measured on live equity, open trades includedno change1.20/2
“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).”“Initially, the daily drawdown amount is set to 5% of the balance or equity whichever is greater during the rollover.”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed15%10%no change1/1
“The maximum total drawdown is 15% during the challenge phase.”“The maximum total drawdown is 10% during the Verification and Live phase.”How much room you have. Worth little, because almost every firm offers the same.
Where the limit stops risingNo such thing in this plan.—
“Daily Drawdown (Static) 7.5% 5% Maximum Drawdown (Static) 15% 10% Minimum Trading Days 4 Days 4 Days Time Limit Unlimited Unlimited”The difference between a danger with an end date and one that never ends.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesThey do not say.0/3
we read the page that should answer this and it does not
The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey state there is none.no changeno change3/3
“No Consistency Rule anymore”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“AudaCity Capital reserves the absolute right to withdraw any trader from the programs, at any time and without giving any explanation.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money14 days2/2
“Payouts are processed bi-weekly, with the first payout available 14 days after your first live trade.”How long your money is theirs.
Most one withdrawal can pay youThey do not say.0/2
we read the page that should answer this and it does not
$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Does that cap rise with the accountThey do not say.0/2
we read the page that should answer this and it does not
Profit required before the first requestThey do not say.0/1
we read the page that should answer this and it does not
How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.no changeyou must be flat through it—
“Trading during news releases is permitted in our Ability Program accounts, but traders are responsible for managing risk appropriately during volatile conditions.”“The trader is NOT allowed to trade major events including: NFP, interest rates decisions, Central banks speeches etc., all exposure must be cleared 30 minutes before the events.”Mandatory stop-lossyou may trade without oneno changeno change—
“A stop loss is not mandatory, but it's strongly recommended to help manage risk and avoid breaching drawdown limits.”Minimum time a trade must be held2 minutesno changeno change—
“each individual trade must remain open for a minimum of two (2) minutes”Forced close before the weekendThey state there is none.no changeno change—
“Yes, on every program. News trading and weekend holding are both allowed”Leverage1:100by instrument
no changeno change—
by instrument
“The Ability Challenge offers a leverage of 1:100 throughout the challenge, verification, and Live phases across all assets.”Limit on position sizeThey state there is none.no changeno change—
“While there are no overall lot size restrictions on the account, our provider has implemented a maximum limit of 10 lots per open position as part of risk management measures.”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
What makes the account growprofit—
“we double for you the size of the account and volume allowed every 10% target.”How large it can get$2,000,000—
“Scale to $2M”Where the path endsat a larger simulation—
“Since 2012, AudaCity Capital has been committed to developing trading talent through structured evaluation and education within a professional-grade simulated trading infrastructure focused on skill-building, not speculation.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $1.70.80/8
“Profit Target 10% Daily Drawdown 3% (Static) Max Drawdown 6% (Static) Min Trading Days 3 Days Time Limit No Limit”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finishThey state there is none.3/3
“There is no time limit, so you can complete the evaluation at your own pace.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put in3 days2/2
“Profit Target 10% Daily Drawdown 3% (Static) Max Drawdown 6% (Static) Min Trading Days 3 Days Time Limit No Limit”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsThey do not say.0/2
we read the page that should answer this and it does not
A free second attempt turns one bad week into a delay instead of another invoice.
Profit target10%—
“Profit Target 10% Daily Drawdown 3% (Static) Max Drawdown 6% (Static) Min Trading Days 3 Days Time Limit No Limit”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit does not move at all3/3
“No trailing drawdown nonsense. Your floor stays fixed based on initial balance.”A limit that climbs takes back the cushion you already earned.
What the limit is measured againstThey do not say.0/2
we read the page that should answer this and it does not
Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limitThey do not say.0/2
we read the page that should answer this and it does not
A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed6%0.50/1
“Reach the 10% profit target while staying within the 3% daily and 6% maximum drawdown, and you can move directly to the funded stage.”How much room you have. Worth little, because almost every firm offers the same.
Where the limit stops risingNo such thing in this plan.—
“No trailing drawdown nonsense. Your floor stays fixed based on initial balance.”The difference between a danger with an end date and one that never ends.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesThey do not say.0/3
we read the page that should answer this and it does not
The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey state there is none.no change3/3
“No Consistency Rule anymore”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“AudaCity Capital reserves the absolute right to withdraw any trader from the programs, at any time and without giving any explanation.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money14 days2/2
“Payouts are processed bi-weekly, with the first payout available 14 days after your first live trade.”How long your money is theirs.
Most one withdrawal can pay youThey do not say.0/2
we read the page that should answer this and it does not
$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Does that cap rise with the accountThey do not say.0/2
we read the page that should answer this and it does not
Profit required before the first requestThey do not say.0/1
we read the page that should answer this and it does not
How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.you must be flat through it—
“Trading during news releases is permitted in our Ability Program accounts, but traders are responsible for managing risk appropriately during volatile conditions.”“The trader is NOT allowed to trade major events including: NFP, interest rates decisions, Central banks speeches etc., all exposure must be cleared 30 minutes before the events.”Mandatory stop-lossyou may trade without oneno change—
“It isn't mandatory, but it's worth using.”“A stop loss is not mandatory, but it's strongly recommended to help manage risk and avoid breaching drawdown limits.”Minimum time a trade must be held2 minutesno change—
“each individual trade must remain open for a minimum of two (2) minutes”Forced close before the weekendThey state there is none.no change—
“Yes, on every program. News trading and weekend holding are both allowed”LeverageThey do not say.no change—
we read the page that should answer this and it does not
we read the page that should answer this and it does not
Limit on position sizeThey state there is none.no change—
“While there are no overall lot size restrictions on the account, our provider has implemented a maximum limit of 10 lots per open position as part of risk management measures.”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
What makes the account growprofit—
“we double for you the size of the account and volume allowed every 10% target.”How large it can get$2,000,000—
“Scale to $2M”Where the path endsat a larger simulation—
“Since 2012, AudaCity Capital has been committed to developing trading talent through structured evaluation and education within a professional-grade simulated trading infrastructure focused on skill-building, not speculation.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
How hard the test is
we did not read enough to sayNot the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to surviveNo such thing in this plan.—
“no challenge to clear and no profit target required before funding”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finishNo such thing in this plan.—
“No Evaluation Required”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put inNo such thing in this plan.—
“No Evaluation Required”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsNo such thing in this plan.—
“No Evaluation Required”A free second attempt turns one bad week into a delay instead of another invoice.
Profit targetNo such thing in this plan.—
“no challenge to clear and no profit target required before funding”Below 60% read we publish no number at all, because a grade computed from two facts out of six is not a lenient grade — it is a different measurement wearing the same label.
Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit rises tick by tick, while you trade0.75/3
“FTP uses a trailing drawdown, no consistency rule, and the same terms whichever account size you choose.”A limit that climbs takes back the cushion you already earned.
Where the limit stops risingThey do not say.0/3
we read the page that should answer this and it does not
The difference between a danger with an end date and one that never ends.
What the limit is measured againstlive equity, open trades included1/2
“The maximum daily drawdown threshold resets every day at 12AM GMT+2 time based on balance or equity whichever is higher during the rollover”Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limit5%, measured on live equity, open trades included1.20/2
“5% (Trailing) Daily loss limit”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed10%1/1
“10% (Static) Maximum drawdown”How much room you have. Worth little, because almost every firm offers the same.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesThey do not say.0/3
we read the page that should answer this and it does not
The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey state there is none.3/3
“No. Audacity is one of the few instant funding prop firms without a consistency rule, so there is no cap on how much of your total profit can come from a single trading day.”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“AudaCity Capital reserves the absolute right to withdraw any trader from the programs, at any time and without giving any explanation.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money5 days2/2
“You need to trade for a minimum of five days before requesting your first payout”How long your money is theirs.
Most one withdrawal can pay youThey do not say.0/2
we read the page that should answer this and it does not
$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Does that cap rise with the accountThey do not say.0/2
we read the page that should answer this and it does not
Profit required before the first request10%0.40/1
“To be eligible for withdrawal, the profit target is 10%.”How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsyou must be flat through it—
“The trader is NOT allowed to trade major events including: NFP, interest rates decisions, Central banks speeches etc., all exposure must be cleared 30 minutes before the events.”Mandatory stop-lossyou may trade without one—
“A stop loss is not mandatory, but it's strongly recommended to help manage risk and avoid breaching drawdown limits.”Minimum time a trade must be held2 minutes—
“each individual trade must remain open for a minimum of two (2) minutes”Forced close before the weekendThey state there is none.—
“Yes, on every program. News trading and weekend holding are both allowed”Leverage1:30by instrument
—
by instrument
“Meanwhile, the Funded Program provides a leverage of 1:30 across all assets.”Limit on position sizeThey state there is none.—
“While there are no overall lot size restrictions on the account, our provider has implemented a maximum limit of 10 lots per open position as part of risk management measures.”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
What makes the account growprofit—
“Double capital every 10% gain.”How large it can get$2,000,000—
“Scale to $2M”Where the path endsat a larger simulation—
“Since 2012, AudaCity Capital has been committed to developing trading talent through structured evaluation and education within a professional-grade simulated trading infrastructure focused on skill-building, not speculation.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
The rules in writing
Could you read the rule before paying, and can they change it afterwards?
Where the rule that binds you is publishedin the document its own contract points at4/4
“These GTC govern your ("you", "your", or the "Customer") rights and obligations in connection with the use of the services provided by AudaCity Global LTD (Registration Number: 15850)”If the rule that binds you lives in a help article your contract never mentions, you did not sign it.
Can it change the rules without noticeyes, and it says so0.60/3
“We reserve the right at any time to modify or discontinue the Service(accounts provided) (or any part or content thereof) without notice at anytime.”The clause that makes every dated verdict perishable, including ours. Near-universal, so not fatal.
Is the binding document datedThey do not say.0/2
we read the page that should answer this and it does not
Without a date you cannot tell whether the rule you read is the rule they apply.
Two official pages that disagree
the drawdown rule · costs money
“FTP uses a trailing drawdown, no consistency rule, and the same terms whichever account size you choose.”“Audacity uses static drawdown, so a winning day can never tighten the floor beneath you the way trailing-drawdown models do.”the consistency rule · costs money
“No Consistency Rule anymore”“Traders will need to demonstrate consistency within their results in regards, but not limited to trade length and lot size in order to pass the minimum trading days required for the specific programs.”the fees · costs money
“Pass both phases and you become eligible for up to a 100% refund of your challenge fee with your first qualifying payout”“ALL PAYMENTS ARE FINAL AND FOR EVALUATION PURPOSES ONLY.”who stands behind the account · costs credibility
“A London-born proprietary trading firm with a decade of trust, transparency, and over $250M in payouts worldwide.”“the services provided by AudaCity Global LTD (Registration Number: 15850), licensed under the International Brokerage and Clearing House Licence (L15850/WL) issued by the Union of Comoros”whether the account reaches a real market · costs credibility
“Audacity Capital's FTP account operates in a simulated trading environment that mirrors live market conditions. While the trading environment is simulated, eligible profits are real and can be withdrawn according to the program's payout rules.”“Account Status Live Capital”The company behind it
If it goes wrong, which company do you claim against, and under whose laws?
The company you contract withAudaCity Global LTDno change4/4
“the services provided by AudaCity Global LTD (Registration Number: 15850), licensed under the International Brokerage and Clearing House Licence (L15850/WL) issued by the Union of Comoros”“These GTC govern your ("you", "your", or the "Customer") rights and obligations in connection with the use of the services provided by AudaCity Global LTD (Registration Number: 15850)”With no named company there is nobody to sue.
Where it is registeredwe did not read this stageUnion of Comoros — Anjouan0.40/2
“with a registered office at Hamchako, Mutsamudu, Anjouan, Union of Comoros”A claim in the Czech Republic and a claim in St Vincent are not the same claim.
Its registration numberwe did not read this stage15850 (L15850/WL)2/2
“Registration Number: 15850), licensed under the International Brokerage and Clearing House Licence (L15850/WL)”What turns a name into something checkable in a public register.
That company owns the brandyes2/2
“These GTC govern your ("you", "your", or the "Customer") rights and obligations in connection with the use of the services provided by AudaCity Global LTD (Registration Number: 15850)”Signing with a company other than the brand’s owner separates who sold to you from who answers to you.
The people behind it are namedyes2/2
“Karim Yousfi CEO”Named people can be looked up. A company on its own cannot always be.
Almost no firm here has a financial regulator, because selling simulated evaluations is not a regulated activity anywhere. Of the 114 firms we scored by hand, 96 sat in the bottom two rungs of backing for this reason. So we do not count it against anyone — it only adds when a firm genuinely has one.
The market
Do your orders reach a market, or is all of it a simulation?
What the funded account issimulated, with no route to real capital0/4
“Audacity Capital's FTP account operates in a simulated trading environment that mirrors live market conditions. While the trading environment is simulated, eligible profits are real and can be withdrawn according to the program's payout rules.”The question that separates a firm that earns when you lose from one that earns when you last.
Conditions to reach a real marketNo such thing in this plan.—
“Audacity Capital's FTP account operates in a simulated trading environment that mirrors live market conditions. While the trading environment is simulated, eligible profits are real and can be withdrawn according to the program's payout rules.”Promising a route to a real market without publishing the conditions is promising nothing.
Almost none names a broker or a clearing house either, and that follows from the account being a simulation rather than being a second, separate failing. Charging for both would count one fact twice.
We read the rules of every plan it sells and issued a verdict on each one.