Audacitycapital.co.uk
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Audacitycapital.co.uk

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TLDR:
Bought 2 prop firm accounts (July '24), one funded ($120k) after passing.
Received one payout (Dec '24) after meeting requirements.
Account suspended (Jan '25) due to their "liquidity provider issues," unrelated to my trading, resulting in ~$8k profit wiped out from closed and open trades.
They refused to provide specific reasons or the "policy" for the profit exclusion/cancellation, citing vague reasons.
After more profit, a withdrawal request for ~$2k was denied, account closed, and I was banned for alleged "Dollar Cost Averaging" (DCA) despite denying it and me offering unequivocable proof.
Their unjustified issue with my trading style only arose after I generated significant profits and tried withdrawing.
Total profit denied: $10,217.92. Avoid this firm due to unprofessional handling of issues and unsubstantiated accusations. Full review: Honestly, based on my experience, I'd say steer clear of this prop firm. I bought two Ability Challenge accounts back in July '24, passed one ($120k funded), the other still evaluating. Got one payout in Dec '24 after hitting profit targets and consistency rules. Then, on Jan 22nd '25, while trading well with around $9.5k profit banked and over $3k in open profit, Audacity's Risk Dept suddenly suspended my account. Their reason? Issues with their liquidity provider – nothing to do with my trading. After eight days and a load of back and forth chasing, my account was finally back online. BUT – they'd wiped out $4,936.28 of my already banked profit, AND they cancelled open trades showing $3,105.61 profit – completely erased them. That's $8,041.89 profit gone. Their email gave a bunch of vague reasons for the exclusions and cancellations, all their fault with the liquidity provider. They claimed it hit other traders too. I was totally professional in all my messages, trying to get proper explanations and my money back. I asked for specific reasons for each excluded trade, since they said they investigated – they never provided any. Just the same generic stuff repeated. They flat-out refused any compensation, just saying "liquidity provider problem, our policy allows this." I asked for the policy they were talking about – they never sent it. Meanwhile, I kept trading and making profit. Trying to recover the lost profit and keep things civil, I even offered a few solutions, and they finally, reluctantly, agreed to bump my payout from 75% to 85% to help me claw it back over time. I did then manage to get a withdrawal of the profit they hadn't excluded - I was eager to get it out before they could try anything else! After generating even more profit, I put in another withdrawal for $2,176.03 profit – they denied it! Account closed, completely banned from trading with them ever again. Their excuse? "Dollar Cost Averaging" (DCA), which they said is a prohibited strategy. Again, professionally, I told them I don't use DCA and offered a Zoom call to share my screen and show them my setup – even offered ideas to prove my trading was fine. They refused. To be clear, my trading style and strategy hadn't changed in all the time I'd traded with them from July '24! But now, after I've generated great profit in a short amount of time, they have an issue with it! I thought about legal action to get the money back, but honestly, it'd be a long shot, more money down the drain. Better to put my energy into legit prop firms. So, they've denied me $10,217.92 total profit, banned me, wouldn't look into my trading properly, never sent their "policy," couldn't say how many others were affected by their "liquidity issues" (and no one else mentioned it anywhere online!), couldn't give specific reasons for trade exclusions and only had an unjustified issue with my trading after I've tried withdrawing great profits from them. I've got all the emails and proof. I bet they'll come back with their usual line about me supposedly exploiting their conditions and using a banned style – which is completely false, and I can prove it, but they don't want to listen. If they were allowing trading of real funds, they'd have sorted this out with me when I was making good profit for both them and me. Instead, they just shut me down with no real explanation, no policy to back it up, and without even hearing the facts - I was obviously costing them money as I would imagine they only offer "simulated" accounts. Seriously, avoid them now before they do the same to you.

Date of experience: January 22, 2025