Introduction
In the world of prop trading, finding the right firm that aligns with your trading goals and offers favorable conditions is crucial. In this blog post, we will provide a comprehensive comparison between Audacity Capital Funded Trading and FTMO Prop Trading Firm. As traders who have experienced both firms, we have gained valuable insights that can help you make an informed decision.
| Prop Firm Details | FTMO | Audacity Capital |
| Year Founded | 2014 | 2012 |
| Maximum Balance | $2,000,000 | $480,000 |
| Tradeable Assets | Forex Indices Metals Commodities Stocks Crypto |
Forex Indices Commodities |
| Challenge Type | Two Step Evaluation | Two Step Evaluation Instant Funding |
| Trading Platforms | MT4 MT5 cTrader |
MT4 |
| Trading Hours | Holding Overnight Holding Over Weekend |
Holding Overnight |
| Copy Trading | ✅ | ✅ |
| News Trading | ✅ | ❌ |
| EAs | ✅ | ✅ |
| Trust Pilot Rating⭐ | 4.9 / 5.0 | 4.7 / 5.0 |
| Trust Pilot Reviews | 4,408 | 983 |
| Payment Types | Wire Transfer Skrill Crypto Credit Card Google Pay Nuvei Checkout.com Confirmo |
Paypal Crypto Credit Card |
| Two Step Rules | FTMO | Audacity Capital |
| Profit Target Step 1 | 10% | 10% |
| Profit Target Step 2 | 5% | 10% |
| Max Daily Loss | 5% | ❌ |
| Max Daily Drawdown | ❌ | 7.5%-5% |
| Max Loss | 10% | 15%-10% |
| Max Drawdown | ❌ | ❌ |
| Min Trading Days Step 1 | 10 | 7 |
| Min Trading Days Step 2 | 10 | 7 |
| Max Trading Days Step 1 | 30 | 30 |
| Max Trading Days Step 2 | 60 | 60 |
| Profit Split | 80%, up to 90% | 75% |
Evaluation Process
Both Audacity Capital and FTMO have a rigorous evaluation process to assess traders’ skills and discipline. Audacity Capital’s Funded Trading Program offers a fully-funded live trading account starting at $15,000 and scaling up to $500,000. On the other hand, FTMO’s evaluation process consists of the FTMO Challenge and Verification stages, with successful completion leading to a placement in their proprietary trading firm with an account balance of up to $400,000.
Trading Objectives
Audacity Capital allows traders to execute their strategies with confidence and leverage, operating on a 50/50 profit-sharing model. FTMO, on the other hand, requires traders to meet specific Trading Objectives to showcase their risk management capabilities. Both firms provide traders with the freedom to trade according to their preferences, allowing for flexibility in trading styles, instruments, and position sizes.
Payout System
Audacity Capital features a monthly subscription fee that covers the cost of not having to pay commissions or swaps, enhancing the profitability of the program. FTMO offers a payout system with competitive profit splits. By meeting the conditions of the Scaling Plan, traders can increase their account balance by 25% every 4 months and enjoy an impressive payout ratio of 90:10.
Risk Management and Liability
Audacity Capital prioritizes risk management and offers a 10% absolute drawdown, protecting traders from losses beyond this threshold. FTMO also emphasizes risk management through the evaluation process and requires traders to demonstrate discipline and skill. Both firms provide a level of protection and reduce financial risk for traders.
Trading Platforms and Instruments
Audacity Capital offers a reputable forex proprietary trading platform, while FTMO provides access to popular trading platforms such as MT4, MT5, and cTrader. Traders at both firms have access to a wide range of trading instruments, including Forex, Indices, Crypto, Commodities, and more. The trading conditions aim to simulate real market conditions with low commissions, tight spreads, and no markup.
Additional Benefits
Audacity Capital has garnered positive reviews and press features, highlighting their legitimacy and value within the trading community. FTMO offers additional benefits such as custom trading apps, account analysis, unbiased feedback, and educational resources through their Trading Academy.
Conclusion
Both Audacity Capital Funded Trading and FTMO Prop Trading Firm offer unique opportunities for traders to access significant funding and resources. Audacity Capital’s program stands out with its fast scaling plan and flexible trading conditions, while FTMO’s evaluation process ensures that only skilled and disciplined traders join their proprietary trading firm.
Ultimately, the choice between these firms depends on your individual trading preferences and goals. We recommend carefully considering the features, benefits, and trading conditions offered by each firm to make an informed decision that aligns with your trading journey.
