Do you guys allow options trading aswell? And if the risk part is taken care off (cash secured/provided as a collateral from my side), can you extend the funding to £100mil?
If you reach your profit target of 10% are you allowed to place anymore trade on the account? And also what if one trade allows me to make 20% will I be stopped at the 10% target?
Is it fair to say that Audacity is set up for intra day traiders. As a swing traider the news and weekend restrtictions are significant obsticles, I've never known price to respect office hours
So if I want to risk 0.5% from the 15k account and my SL is just 2 pips I would need to open multiple trades with the max lot allowed per position until they all add up to 0.5%risk?
Is the drawdown calculated on open position or close position? Considering the volatility, I think sometime we need to push the envelope on risk as long as the strategy is solid with confirmation of price action.
Pls explain the 5minimum trading days and at least 3 profitable day that you guys put in your funded challenge because what out of the 5 trades I took I only won 2 what will you say to that.
With the hidden talent program. Are there any negative effects of doing the 2-week fast track vs the normal 4-week program? It was stated in a previous video that it’s more intense but covers exactly the same material just in a shorter period of time. If someone is hardworking enough to cope with this and still able to absorb the material, is there any reason why the 4-week program would be better in any way or/and yield better results in the long run?
Hi! The programs differ in how long they are for people with different schedules and who cannot devote their full time to the course. It is the same content.
Hi Liya, Orders at stage 1 are capped to a max 0.5 lots. This means the maximum exposure is 0.5 lots accumulative at any one time. For example you can have 1 position at 0.5 or you can have 5 positions at 0.1. It’s up to you how to spread to the risk. When your account is doubled your risk allowance is doubled as well i.e on on $30,000 your maximum lot size is 1, on $60,000 your maximum lot size is 2 lots etc. I hope that helps and if you have any other questions please let us know. For more information on our Funded Trader Program please visit our website. www.audacitycapital.co.uk/funded-trader-program/ Kind Regards, Audacity Capital
I am a positional trader would I be allowed to hold a trade for 10-12 days where trades are not violating drawdown rules and there is no major news event in that currency pair.
Hi Raghunandan! We can't guarantee holding positions over the weekend as a rule, but we do accept weekend positions requests. To request to hold a position over the weekend, you'd have to fill in a form and then the risk team will review them and make decisions each Friday.
Hi! As per major news events we refer to NFP, FOMC, interest rate decisions and central banks speeches. However, in case of any restrictions you will receive an email from the risk management team. You only need to close positions involved in the news. If you don't receive an email, you are free to trade.
Hello! You start with $15,000 live capital and on this account you have a lot size of 0.5 cumulative. On this program, we offer a scaling plan of up to half a million dollars. Every time you reach the 10% profit target, we double the size of your account and your lot size also increases. For detailed information on our trading guidelines, visit the table on our website at www.audacitycapital.co.uk
We need to show live track record of mt4 only or if we show the record of our local broker.. Like i trade in indian market so if i show u live record of indian market trading is it ok???
Hello Michael, we charge a £298 one-time joining fee and thereafter £99 monthly fee to secure your account and cover the costs of the liquidity provider which gives you premium access to our liquidity provider with tight spreads, fast executions, deep liquidity in the market and commission and swap fees. For more information on our funded trader program, visit www.audacitycapital.co.uk/funded-trader-program/
The programme is great. I have tried it. However, IMO, lifting Major news restriction, Keeping trades on the weekend and removing the monthly fee will enable to lot of traders join your programme. I had bad experience about the major news email from your end, Sometime we receive the email like 10 mnts before the event and if we have am opened trades same will be closed automaticly which will be a killer. I lost my account due to an automatic closing of my possition and the monthly fee. On theother hand, everything is fantastic. Customer service is super, account delivery is fabulous. I would really want to try it out again, if the above condition s are met.
@@AnjanFX Hi! As long as it tracks your performance, that sounds great. I would recommend scheduling an interview and go from there as you will be able to have a chat with our team.
Please add indices on the 15k account 🙏
Do you have to use a certain lot size
excellent, easy to understand information. one quick question - we are allowed to trad in gold xauusd in 15k account?
Hello, we do not allow trades on indices and commodities until the trader has reached the $120,000 account.
Do you guys allow options trading aswell? And if the risk part is taken care off (cash secured/provided as a collateral from my side), can you extend the funding to £100mil?
If you reach your profit target of 10% are you allowed to place anymore trade on the account? And also what if one trade allows me to make 20% will I be stopped at the 10% target?
Do you have any roles for withdraw
Is it fair to say that Audacity is set up for intra day traiders. As a swing traider the news and weekend restrtictions are significant obsticles, I've never known price to respect office hours
Can I use meta trader 5? I also use DeltaRiver market flow soft ware with both MT4 and 5.
Hello, our programs only use MT4.
So if I want to risk 0.5% from the 15k account and my SL is just 2 pips I would need to open multiple trades with the max lot allowed per position until they all add up to 0.5%risk?
Is the drawdown calculated on open position or close position? Considering the volatility, I think sometime we need to push the envelope on risk as long as the strategy is solid with confirmation of price action.
Pls explain the 5minimum trading days and at least 3 profitable day that you guys put in your funded challenge because what out of the 5 trades I took I only won 2 what will you say to that.
Hello,
You can reach out to our support for your concern at support@audacitycapital.co.uk
Is it a must to have a account statement for 3 to 6 months???
Perfect... I love the way you explained 😇
is there a cost for this?.
Thanks Leah! great info.
Glad you enjoyed it!
thank you for information, i have querry, what are all the trade instruments allowed at the begining with 15 K capital ? kindly do reply.
Hello, we mainly focus on the forex market, major and cross currency pairs.
With the hidden talent program. Are there any negative effects of doing the 2-week fast track vs the normal 4-week program? It was stated in a previous video that it’s more intense but covers exactly the same material just in a shorter period of time. If someone is hardworking enough to cope with this and still able to absorb the material, is there any reason why the 4-week program would be better in any way or/and yield better results in the long run?
Hi! The programs differ in how long they are for people with different schedules and who cannot devote their full time to the course. It is the same content.
Can i open risk free postion?
Too maximize my profits
Thanks
question after a reach $30000 and up i need to make 10% all the time to be able to make a withdraw ?
Hello, yes, every 10% in profit the account gets doubled and the profits are shared 50-50.
About the lot size, for the $15k account i can open as many trades but with maximum lot size of 0.5 each?
Hi Liya, Orders at stage 1 are capped to a max 0.5 lots. This means the maximum exposure is 0.5 lots accumulative at any one time. For example you can have 1 position at 0.5 or you can have 5 positions at 0.1. It’s up to you how to spread to the risk. When your account is doubled your risk allowance is doubled as well i.e on on $30,000
your maximum lot size is 1, on $60,000 your maximum lot size is 2 lots etc.
I hope that helps and if you have any other questions please let us know.
For more information on our Funded Trader Program please visit our website.
www.audacitycapital.co.uk/funded-trader-program/
Kind Regards,
Audacity Capital
I am a positional trader would I be allowed to hold a trade for 10-12 days where trades are not violating drawdown rules and there is no major news event in that currency pair.
Hi Raghunandan! We can't guarantee holding positions over the weekend as a rule, but we do accept weekend positions requests. To request to hold a position over the weekend, you'd have to fill in a form and then the risk team will review them and make decisions each Friday.
do you pay thru transferwise too ??
Hi! We can accept transferwise.
Hi, are we allowed to keep our pending orders when major news Is about to come out?
Hi! As per major news events we refer to NFP, FOMC, interest rate decisions and central banks speeches.
However, in case of any restrictions you will receive an email from the risk management team. You only need to close positions involved in the news. If you don't receive an email, you are free to trade.
Lot size ?
Hello! You start with $15,000 live capital and on this account you have a lot size of 0.5 cumulative. On this program, we offer a scaling plan of up to half a million dollars. Every time you reach the 10% profit target, we double the size of your account and your lot size also increases. For detailed information on our trading guidelines, visit the table on our website at www.audacitycapital.co.uk
We need to show live track record of mt4 only or if we show the record of our local broker.. Like i trade in indian market so if i show u live record of indian market trading is it ok???
Hi! Any track record is fine, as long as it is 3-6+ months-long trading live.
Am interested?
Hello Michael, we charge a £298 one-time joining fee and thereafter £99 monthly fee to secure your account and cover the costs of the liquidity provider which gives you premium access to our liquidity provider with tight spreads, fast executions, deep liquidity in the market and commission and swap fees. For more information on our funded trader program, visit www.audacitycapital.co.uk/funded-trader-program/
Thanx
How do you know you have hit your 10% do we get a message ?
Hi! You will be able to see on your dashboard when you have made 10%, then you can use our portal to withdraw your profits.
The programme is great. I have tried it. However, IMO, lifting Major news restriction, Keeping trades on the weekend and removing the monthly fee will enable to lot of traders join your programme. I had bad experience about the major news email from your end, Sometime we receive the email like 10 mnts before the event and if we have am opened trades same will be closed automaticly which will be a killer. I lost my account due to an automatic closing of my possition and the monthly fee.
On theother hand, everything is fantastic. Customer service is super, account delivery is fabulous. I would really want to try it out again, if the above condition s are met.
Hi! Thanks so much for your feedback. I will definitely pass this on.
automatic closing of position !!! what are the conditions for this to happen ? have you got response till now !!
How can I register? When I open
www.audacitycapital.co.uk .. asking username and password
Hi can I trade XAUUSD 👋
Hi! We trade only FX here at AudaCity Capital until the $120k account mark.
I don't have any track record
Hi! You can use any evidence you have of trading live. However, we do recommend having a track record.
@@AudaCityCapital Hi I have manual backtest results which I did on trading view. Will that help ?
@@AnjanFX Hi! As long as it tracks your performance, that sounds great. I would recommend scheduling an interview and go from there as you will be able to have a chat with our team.
@@AudaCityCapital Hi, I’ve filled form on your website, how long before they call me for interview?
@@myempire4eva489 Hi! You should receive a call by the end of the working week.