Audacity Capital Review 2027Core Trading Conditions and Fees

Audacity Capital review 2027: a London firm that has funded traders since 2012

Audacity Capital was established in London in 2012 by Karim Yousfi. That makes it roughly a decade older than most of the firms that now dominate the prop market. It began as a traditional funding programme with an application and interview, and it still runs that route alongside modern challenge products. Its age is its main credential. Its terms are more conservative than those of newer rivals. This review covers its three routes for 2027.

The Ability Challenge

The Ability Challenge is a two-step evaluation. The first phase has a 10% target and the second 5%. There is no time limit. The fee is refunded with the first payout. Published loss limits vary by source and have been revised over time, with daily limits between 5% and 7.5% and maximum drawdowns between 10% and 15%. Take the figures from the firm's own page for the account size you want. Account sizes run from $5,000 to $240,000, with prices starting at about $49.

Ability One

Ability One, launched in October 2025, is a one-step version. It follows the same general framework with a single target and a minimum of three trading days. It is also refundable.

The Funded Trader Program

This is the original product. Applicants are assessed and interviewed, and those accepted receive a funded account straight away. Starting balances are small, from $7,500 to $60,000. The daily loss limit is 5% and the maximum is 10%. Each time the trader makes 10%, profits can be withdrawn and the account is doubled, up to a ceiling of several hundred thousand dollars. News trading is not allowed on this route, leverage is 1:30, and the fee is not refundable.

Profit split

Ability Challenge and Ability One traders start at 75% and can reach 90%. Funded Trader Program accounts pay 50%, or 60% if the account is doubled within 30 days. The gap between the routes is large. The instant route trades a much lower share for the absence of an evaluation.

Payouts

On the challenge routes the first payout is available 30 days after the first trade, and payouts are bi-weekly after that. On the Funded Trader Program, withdrawals happen when the 10% target is reached.

Scaling

Challenge accounts can be doubled after three consecutive profitable months. A trader can hold allocation under more than one route, since the caps apply separately. The overall ceiling is $2 million.

Platforms and markets

Trading is on MetaTrader 5 and DXtrade through the firm's own trading environment. Instruments are forex, gold, indices, energies and some crypto. Leverage is up to 1:100 on the challenge routes. Self-developed expert advisors and news trading are allowed on the Ability Challenge.

Drawdown mechanics

The daily loss limit resets each night, and the way the reference balance is set matters for traders who hold positions over the reset. Read the firm's explanation of the nightly reset before trading large open profits into the close.

Education and community

Audacity runs competitions, publishes educational content and has programmes aimed at developing less experienced traders. Support is well reviewed.

Pros and cons

• Longevity: operating since 2012.
• Three routes: two-step, one-step and instant.
• Refundable fee: on the challenge routes.
• Doubling plan: after three profitable months.
• Starting split: 75%, and 50% on the instant route.
• First payout: a 30-day wait on challenges.

Who is Audacity Capital for?

Audacity suits traders who put a long operating history ahead of the most generous terms, and swing traders comfortable with a monthly rhythm. Traders who want a 90% split and weekly payouts from the start will find better offers.

Verdict

Audacity Capital is one of the most established names in the business. For 2027 it is a safe, conservative choice. Confirm the current loss limits on the firm's site, since published figures differ.

Audacity Capital review: compare the alternatives

This Audacity Capital review is part of our Top 40 Prop Trading Firms in 2027 ranking. To compare, read the Lux Trading Firm review and the QT Funded review.