A Comprehensive Comparison of FundedNext and Audacity Capital Funded Trading Programs

Introduction

As traders who have experienced both the FundedNext and Audacity Capital Funded Trading Programs, we at WhichFunded understand the importance of finding the right opportunity to enhance your trading career. In this blog post, we will provide a comprehensive comparison between these two prominent prop trading firms, highlighting their key features, benefits, and unique offerings.

Prop Firm Details Funded Next Audacity Capital
Year Founded 2022 2012
Maximum Balance $4,000,000 $480,000
Tradeable Assets Equity Futures
Forex
Energy
Metals
Interest Rate Futures
Forex
Indices
Commodities
Challenge Type One-Step Evaluation
Two Step Evaluation
Two Step Evaluation
Instant Funding
Trading Platforms MT4 MT4
Trading Hours Holding Overnight
Holding Over Weekend
Holding Overnight
Copy Trading
News Trading
EAs
Trust Pilot Rating⭐ 4.6 / 5.0 4.7 / 5.0
Trust Pilot Reviews 3,923 983
Payment Types Wire Transfer
Paylpal
Crypto
Payoneer
Coinbase
Revolut
Wise
Paypal
Crypto
Credit Card

Two Step Rules FundedNext Audacity Capital
Profit Target Step 1 10% 10%
Profit Target Step 2 5% 10%
Max Daily Loss 5%
Max Daily Drawdown 5% 7.5%-5%
Max Loss 10% 15%-10%
Max Drawdown 10%
Min Trading Days Step 1 5 7
Min Trading Days Step 2 5 7
Max Trading Days Step 1 30 30
Max Trading Days Step 2 60 60
Profit Split 80%, up to 90% 75%

Funding Models and Account Sizes

FundedNext offers three distinct funding models: Evaluation Model, Express Model, and Stellar Challenge. Traders can choose the model that aligns with their trading style and goals. Upon meeting profit targets, traders gain access to a funded account, with profit splits ranging from 60% to 80% based on performance. FundedNext provides a structured approach for traders to showcase their skills and progress in their trading journey.

On the other hand, Audacity Capital’s Funded Trading Program stands out by providing fully-funded live trading accounts starting from $15,000, scaling up to $500,000. This substantial capital allows traders to execute their strategies with confidence and leverage. The program operates on a 50/50 profit-sharing model, ensuring a fair and transparent partnership between the firm and traders.

Trading Conditions and Risk Management

FundedNext prioritizes offering attractive profit-sharing options and reliable trading conditions. They provide raw spreads, low commissions, and calculate maximum daily drawdown based on traders’ balance, ensuring a more reliable trading environment.

Audacity Capital, on the other hand, offers flexible trading conditions, empowering traders to make profits from anywhere in the world at any time. They do not charge commissions or swaps, and their liquidity provider offers deep liquidity, fast executions, and tight spreads. Their program also features a 10% absolute drawdown, providing traders with protection from excessive losses.

Reputation and Support

FundedNext has gained recognition as a leading prop trading firm in the market. They offer a generous profit sharing of up to 15% from the profit traders make during the challenge phases. Their commitment to delivering the best payout bonuses and removing time limits in funding challenges adds to their appeal. FundedNext has garnered positive reviews, demonstrating their legitimacy and value within the trading community.

Audacity Capital, with its proven track record since 2012, is a reputable forex proprietary trading firm. They have received praise from traders worldwide, highlighting the program’s effectiveness and the firm’s commitment to trader success. Their strong reputation is built on trust, fairness, and transparency.

Conclusion

Both FundedNext and Audacity Capital offer unique opportunities for traders to access significant funding and resources. FundedNext’s funding models and structured approach provide traders with a clear path to progress in their trading journey. Audacity Capital’s fully-funded live trading accounts and flexible trading conditions empower traders to capitalize on their potential.

Ultimately, the choice between FundedNext and Audacity Capital depends on individual preferences and trading goals. We recommend thoroughly researching and considering the specific features, funding models, trading conditions, and support offered by each program to make an informed decision.

At WhichFunded, we strive to provide traders with valuable insights and information to help them thrive in the world of trading. Remember to assess your own trading style and goals before choosing a funded trading program, as finding the right fit is crucial for long-term success.

Disclaimer: The information provided in this blog post is based on publicly available information as of the date of writing. We recommend visiting the respective websites of FundedNext and Audacity Capital for the most up-to-date and accurate information regarding their funded trading programs.

 

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