Audacity Capital Review

This review of Audacity Capital takes a fresh look at the United Kingdom-based prop firm, outlining how its funding model, trading conditions, and payout rules work for traders.

Established in 2012 in London, the proprietary forex company has expanded from a local operation into a global prop firm, supporting traders in more than 120 countries. As of 2026, that makes it 14 years old. The firm is led by its chief executive officer, Lance St. Hill. The firm forbids trading on behalf of other individuals, but qualified participants can trade firm capital with allocations that may scale toward $500,000.

By the firm’s count, over 5,000 traders have received capital to trade full time.

The company also notes it received an international investor award in 2020.

Yes. It operates as a legitimate prop company serving traders worldwide. With a track record dating back to 2012 and steady expansion, its results compare well with many peers, including some longer-standing names. Traders often judge prop firms on scaling paths and rules; on these points, the firm performs strongly and is widely recommended within the forex prop trading community.

Compared with many fully online prop firms, Audacity Capital stands out for its interview-led onboarding and optional London trading floor, while its overall profit share is more conservative than what some competitors advertise.

Withdrawals are generally requested on-demand once you meet the program’s eligibility requirements, rather than on a fixed weekly or monthly schedule. After approval, payouts typically arrive within up to seven days, depending on your chosen method.

For program fees, traders typically pay using methods such as debit or credit card or bank transfer, depending on what is available at checkout. Withdrawals are commonly paid out via bank transfer or other supported payout rails offered at the time of withdrawal request. The firm may not charge an extra fee on top of the payout itself, but intermediary, conversion, or receiving-bank fees can still apply, and some methods may have minimums or processing limits.

Trading is currently offered on MetaTrader 4, a widely used retail forex trading platform. The maximum leverage is up to 1:100, and MetaTrader 5 is not available.

In practice, yes. The firm runs an evaluation process, and traders who follow the rules and pass the challenge transition to a funded account. Many applicants find the assessment demanding, but once passed, funding is issued automatically. Notably, one poor month does not automatically result in account termination, unlike stricter propfirm policies elsewhere.

Beyond remote prop trading, the company maintains a trading floor in London where participants can choose to work on-site. Attendance is optional, but the co-located environment is a distinctive feature among competitors.

Pros: Optional in-person trading floor access; streamlined evaluation that can move quickly from interview to live funding; forex-only focus for traders who specialize in currency markets; a long operating history relative to many newer prop firms.

Cons: Limited product range beyond forex; platform choice is narrow; profit-sharing terms are less aggressive than some competitors; program details and costs can vary by account option, so traders may need to confirm specifics before enrolling.

The focus is spot forex only, covering major, minor, and exotic pairs. Equities, indices, and commodities are not available.

No. The program is limited to forex; cryptocurrencies and stocks are excluded.

For the Evaluation account, withdrawals become available after you meet the program’s profit objective. The mechanics are broadly similar to common prop firm practices, with profits shared according to the program’s stated split.

The firm operates Audacity Capital Academy, providing forex education aimed at helping traders become consistently profitable.

The onboarding flow differs from competitors that require lengthy demo phases. Here, a streamlined path can lead to a funded account in three steps:

• Submit an application outlining trading experience, strategy, and background.
• Complete a one-on-one interview (in-person or online).
• Funded account activation (typically within 24 hours after successful interview).

Once live, you must follow the program’s ongoing account requirements:

• 10% maximum drawdown.
• 10% profit target.
• 50/50 profit split.

In terms of challenge-style rules, the firm’s process is primarily centered on application review and an interview rather than a long, time-boxed demo phase, and it does not emphasize a stated minimum number of trading days in the same way some competitors do. Beyond the performance and risk requirements above, traders should expect restrictions aimed at preventing account misuse (for example, trading on behalf of another person). Costs can include an upfront program or evaluation fee that varies by option, with potential additional charges from payment providers (such as card processing or currency conversion), rather than a recurring platform subscription explicitly billed by the firm.