About AudaCity Capital
AudaCity Capital is a proprietary forex trading firm that specializes in providing funding and educational services to traders in the financial sector. The company offers various trader funding programs, such as the Ability Challenge, Funded Trader Program, and Pro Trader Program, which provide traders with live trading environments and the opportunity to share in the profits generated. AudaCity Capital also delivers professional trading education courses, including Introduction to Trading and Advanced Trading, to help traders enhance their skills. It was founded in 2013 and is based in London, England.
Latest AudaCity Capital News
Feb 19, 2024
Monday, 19/02/2024 | 12:23 GMT It will continue to offer services to its existing US customers. 0 London-based Audacity Capital becomes the latest prop trading firm to “temporarily” suspend its new onboarding of customers based in the United States. The decision came when several prop trading firms were restricted from offering their services to US customers due to alleged pressure from MetaQuotes, the company behind the MetaTrader trading platforms. “Aligning with Regulatory Standards” In a notice punished today (Monday), Audacity Capital wrote: “After a thorough review of our services and policies, we have decided to temporarily pause new registrations from the United States.” “For our existing traders, the access to our programs remains unchanged.” Keep Reading 📢 Attention Traders! Due to regulatory standards, new registrations from the U.S. are on hold. For our existing traders, access to our programs remains unchanged. We're committed to providing you with the best service possible. Stay tuned for more upcoming updates. pic.twitter.com/yPNty2AVdf The Crackdown on Prop Trading Prop trading is an unregulated sector. Since prop firms do not handle traders’ money for trading purposes, they do not qualify as brokers. So, the stringent regulations for retail brokers globally do not apply to prop firms. From our Directory Before Audacity Capital, other established prop trading firms, including The5ers and FTMO , also restricted services to US-based customers, whether they were US citizens or residents. Several brokers, including Purple Trading and Blackbull Markets, terminated the grey label offerings of their MetaTrader license to prop trading firms. A Blackbull executive even confirmed that MetaQuotes forced the move. Several prop trading firms also confirmed that Eightcap, another broker offering brokerage services to prop platforms, will terminate its services on February 29. However, the brokerage called contract terminations of commercial agreements with prop firms “not uncommon to us or anyone else in the industry.” London-based Audacity Capital becomes the latest prop trading firm to “temporarily” suspend its new onboarding of customers based in the United States. The decision came when several prop trading firms were restricted from offering their services to US customers due to alleged pressure from MetaQuotes, the company behind the MetaTrader trading platforms. However, the service restriction will not impact the existing customers of the prop trading platform, which claims to have been present in the prop trading space since 2012. “Aligning with Regulatory Standards” In a notice punished today (Monday), Audacity Capital wrote: “After a thorough review of our services and policies, we have decided to temporarily pause new registrations from the United States.” “For our existing traders, the access to our programs remains unchanged.” Keep Reading
AudaCity Capital Frequently Asked Questions (FAQ)
When was AudaCity Capital founded?
AudaCity Capital was founded in 2013.
Where is AudaCity Capital's headquarters?
AudaCity Capital's headquarters is located at The Frames 1, London.
Who are AudaCity Capital's competitors?
Competitors of AudaCity Capital include Alpha and 4 more.
Compare AudaCity Capital to Competitors
TopstepTrader specializes in futures prop trading, offering a trader evaluation program within the financial services industry. The company provides a simulated trading environment called the Trading Combine, where traders can demonstrate their skills and discipline to qualify for a Funded Account, allowing them to trade real capital with profit sharing opportunities. TopstepTrader primarily serves individuals looking to become professional futures traders. It was founded in 2010 and is based in Chicago, Illinois.
Blue Sky Binary is a financial education and technology company specializing in the trading and blockchain sectors. The company offers comprehensive training courses for new and experienced traders, leading to certifications such as Certified FX Analyst (CFXA) and Certified Binary Analyst (CBA), as well as a suite of tools on their Dashboard for advanced trading insights. The primary customers are individuals in the financial trading and investment sectors seeking to enhance their trading skills and strategies. It is based in London, England.
Kaleidoscope specializes in forex funding and brokerage services within the financial sector. The company provides funded trading accounts and assists clients in registering with forex brokers, enabling them to trade foreign currencies without the need for personal capital investment. Kaleidoscope's services are primarily utilized by professional traders and those new to forex trading seeking to trade with leverage. It was founded in 2015 and is based in San Francisco, California.
TraderMob offers investment education services. It provides an online platform that makes trading completely transparent for educational purposes. Users can watch in real-time what the traders do and learn from them. It was founded in 2014 and is based in San Francisco, California. TraderMob ceased operations.
Alpha offers a global financial training firm. It delivers financial products and markets, professional skills, leadership, management, and talent programs. The company was founded in 2003 and is based in London, United Kingdom.
French Touch Factory specializes in immersive content creation within the virtual and augmented reality sector. They offer services such as 3D modeling, photogrammetry, and the development of narrative and immersive experiences for various sectors including tourism, training, and heritage. The company caters to businesses looking to integrate VR and AR technologies into their operations and creative projects. It was founded in 2018 and is based in Paris, France.