Audacity Capital, always at the forefront of innovative trading solutions, has introduced a groundbreaking opportunity for traders: the Ability challenge. This two-step evaluation process is designed to assess and empower talented traders without the need for an interview, unlike their previous funding programs. Instead, traders can now enter the challenge through a one-time participation fee, opening doors to potentially lucrative trading careers.
Overview of the Ability Challenge Account Sizes and Fees
- $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
Payment methods include Credit/Debit card, PayPal, Bank transfer, BTC, and Skrill, providing flexibility for participants worldwide.
Ability Challenge Evaluation Phases
Phase 1 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 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 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
The Ability challenge by Audacity Capital is designed with flexibility in mind, accommodating all trading strategies, including the use of Expert Advisors (EAs), trading during news events, and holding positions overnight and over weekends. Participants are free to trade forex pairs, commodities, and indices under almost no restrictions, offering a broad spectrum of trading opportunities.
This initiative underscores Audacity Capital’s commitment to identifying and fostering trading talent across the globe. By setting a framework that allows for a wide range of trading styles and strategies, the Ability challenge stands as a beacon for traders seeking to prove their skill and earn a funded trading account.
