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The Ability Challenge
Our fair demo process is designed to assess all areas of a trader's discipline, consistency and ability to make profit in the FX markets.
Access Capital
Gain access to a live account and join the most reputable Proprietary Trading Firm at the forefront of this cutting-edge industry.
10 years of
realising ability
For the last 10 years, AudaCity Capital has been searching all over the world for great traders to make consistent profits on live accounts. We have helped thousands of talented traders turn FX trading into a full-time profession.
Until now, funding has only been available to experienced traders with a substantial track record, but we are changing that.
As seen on
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Turning potential
into profit
Trade Today
Traders can pay for a demo account right away. They can start trading once they receive their demo login details.
Fair Profit Splits
Traders who pass the Ability Challenge get acccess to a live account with profit splits 75-25
Fair Test Promise
Our Fair Demo Test gives you a chance to demonstrate your ability to identifying profitable trades and manage risk. We are looking for traders to join our team so we are truly invested in your success.
Professional Status
Ability Challenge Traders will be invited to join our Funded Trader Program, becoming part of the most reputable Proprietary Trading Firm at the forefront of this cutting-edge industry.
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The path to funding
Test your ability
Pay for your demo account right away and start trading today. As an Ability Challenge candidate, you can start trading to meet your targets as soon as you receive your demo login details.
Verification
Reach the Ability Challenge Target within 30 days to progress to full verification. Continue to prove your ability by making consistently profitable and responsible trades to hit your verification target within 60 days.
Verified Trader
Traders who pass the Ability Challenge get access to a live account with profit splits 75-25.
Challenge verification table
Challenge
Verification
Live Account
30 Days
60 Days
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Trading Period:
The Ability challenge has a duration of 30 days while the Verification stage has a duration of 60 days. Assumed that minimum trading days are respected you can get to the next level as soon as you meet the required target, there is no need for you to wait till the 30 or 60 period ends.
7 Days
7 Days
7 Days
Minimum Trading Days:
You must trade a minimum of 7 trading days at any stage, meaning at least one position must be open on each of those days ( if you hold a trade for multiple days it will only be considered when it was originally opened). You must demonstrate consistency within your results in order to pass the 7 minimum trading days. View our T&C regarding this rule.
7.5%
5%
5%
Maximum Daily Drawdown:
The maximum daily loss is 7.5% on the Ability Challenge while 5% on both the Verification and the Live account. It means that at any point of the day the sum of all your closed positions plus those currently open cannot exceed 7.5% (or 5%). Please note that the 24h period starts 12AM GMT. Exceeding this limit will result in failing the challenge.
15%
10%
10%
Maximum Absolute Drawdown:
The maximum Absolute drawdown for the Ability Challenge is 15% and for the Verification Challenge and Live account is 10%, which is not trailing from the profits. Within this limit, you will not be liable for any losses. Exceeding this limit will result in automatic invalidation of your account and remove you from the challenge. You can always try again by purchasing a new Ability Challenge account.
10%
10%
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Profit Target:
The profit target is set to 10% from the initial account balance in both the Ability and the Verification Challenge. In order to successfully complete the challenge, you need to meet the profit target within 30 days in the first stage and 60 days in the Verification stage without breaking the rules. Once you get to the Live account we’ll share with you 75% of any profit made on a monthly basis.
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75 - 25
Profit Share:
Once you have completed all the stages of the challenge, you will receive a live account of the size you have initially chosen. On the live account you must continuously follow the trading rules in order to receive your profit share. Any profit made on a monthly basis we’ll share 75% of the profit with you.
Refundable fee:
£149
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Hear from our AudaCity traders
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10 years of
realising ability
We have spent the last 10 years helping talented FX traders make consistent profits on live accounts, and turn their hobby into a full-time profession.
Until now, funding has only been available to experienced traders with a substantial track record, but we are changing that.
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