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Overview |
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Trustpilot Rating |
0 |
3.3 |
0 |
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Trustpilot Reviews |
0 |
1 |
0 |
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Headquarters |
United Arab Emirates |
South Africa |
United Kingdom |
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Age (Years) |
3 |
N/A |
14 |
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Max Funding |
$400,000 |
$400,000 |
$2,000,000 |
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Profit Split Start |
70% |
80% |
50% |
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Profit Split Max |
90% |
92.75% |
90% |
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Platforms |
MT4 MT5 cTrader |
mt5 match-trader |
MT5 |
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Assets |
FX Metals Indices Energy Crypto |
FX Metals Indices Energy & Commodities Crypto |
Forex Commodities |
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Leverage |
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FX Leverage |
100 |
30 |
100 |
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Metals Leverage |
20 |
10 |
100 |
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Crypto Leverage |
2 |
2 |
2 |
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Risk & Drawdown Rules |
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Max Daily Loss |
Maximum Daily LossFORFX applies model-dependent daily loss limits that differ between evaluation and funded phases.How It Is Applied:Flash Normal: 5% maximum daily loss across all phases.Flash Aggressive: 10% during evaluation, 5% once funded.Legend Normal: 5% maximum daily loss across all phases.Legend Aggressive: 10% during evaluation, 5% once funded.PeakScalp Normal: 5% maximum daily loss across all phases.PeakScalp Aggressive: 10% during evaluation, 5% once funded.Black Normal: 5% maximum daily loss across all phases.Black Aggressive: 10% during evaluation, 5% once funded.Daily drawdown is... |
Maximum Daily LossDaily loss limits depend on plan: 4% (1-Step), 5% (2-Step), 4% (3-Step). |
Maximum Daily LossAbility Challenge uses a static daily drawdown that resets at rollover (00:00 GMT+2): 7.5% during the Challenge stage and 5% during the Verification stage. Audacity also states the Ability Live phase daily drawdown is 5%. The Funded Trader Program (FTP) uses a 5% trailing daily drawdown (moves up with equity highs). |
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Max Total Loss |
Maximum Overall LossMaximum overall loss on FORFX accounts varies by model and variant.How It Works:Flash Normal: 10% maximum overall loss across all phases.Flash Aggressive: 20% during evaluation, 10% once funded.Legend Normal: 10% maximum overall loss across all phases.Legend Aggressive: 20% during evaluation, 10% once funded.PeakScalp Normal: 12% maximum overall loss (highest among all models).PeakScalp Aggressive: 20% during evaluation, 10% once funded.Black Normal: 10% maximum overall loss across all phases.Black Aggressive: 20% during evaluation, 10% once funded.If equity falls below the... |
Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). |
Maximum Overall LossAbility Challenge maximum drawdown is 15% in the Challenge stage and 10% in the Verification stage (and the firm also references a 10% maximum drawdown in the Ability Live phase). FTP maximum total drawdown is 10% from the initial balance. Ability One lists a 6% absolute drawdown. |
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Drawdown Type |
Drawdown ModelFORFX uses a static drawdown model where the maximum loss is measured from the initial starting balance rather than trailing from highest equity.Key Points:All challenge types use static (balance-based) drawdown for overall maximum loss.Daily drawdown resets at 5:00 PM EST based on end-of-day account balance.Aggressive variants have relaxed drawdown limits during evaluation (10% daily / 20% max) but revert to standard limits (5% daily / 10% max) once funded.Drawdown calculations include both open and closed positions.The static model means... |
Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) |
Drawdown ModelAudacity's Ability Challenge and Verification stages are described as using a static drawdown system with daily limits resetting at rollover (00:00 GMT+2). FTP uses a trailing drawdown model (daily DD 5% trailing). Ability One uses static drawdown (3% daily and 6% absolute). |
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Payouts |
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Payout Frequency |
Payout FrequencyFORFX offers different payout cycles depending on the challenge type.Flash: First payout available after 10 days from funded account activation.Legend: First payout after 30 days, then every 14 days thereafter.PeakScalp: First payout after 30 days, then every 14 days thereafter.Black: First payout after 10 days.Live: Payout terms based on funded account agreement.All models offer a 125% fee refund upon successful completion and first payout from the funded account. |
Payouts every 14 days (VIP tiers faster). |
Payout FrequencyAbility Challenge: first payout can be requested 30 days after the first trade on the Ability Live account, then payouts may be requested bi-weekly. FTP: payouts can be requested once a 10% profit milestone is reached (profit share varies by account size and time-to-target). |
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Days to First Payout |
10 |
14 |
30 |
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Payout Processing Time |
Payout ProcessingFORFX processes payout requests typically within 1 to 2 business days once approved. The firm supports cryptocurrency-based payouts as the primary withdrawal method. Refunds are processed within up to 2 business days via email request to [email protected]. |
Processing 12–72 hours. |
14 |
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Payout Methods |
Crypto |
Crypto RiseWorks |
Bank Transfer PayPal Cryptocurrency |
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Payments |
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Payment Methods |
Credit/Debit Card Crypto Bank Transfer |
Credit/Debit Card Crypto Apple Pay |
Credit/Debit Card PayPal Cryptocurrency |
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Trading Permissions |
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News Trading |
News trading is allowed on all FORFX challenge types. However, there is a restriction on margin usage during high-impact economic events.All Models:News trading is permitted during both evaluation and funded phases.A maximum 50% margin usage rule applies during high-impact news releases to prevent excessive leverage during volatile periods. |
News trading restricted on Live Sim (±3 minutes). |
Ability Challenge: news trading is permitted during news events in both challenge phases and on the Ability Live account. FTP: holding open positions is prohibited during significant news events; traders must wait 30 minutes after the release once notified by the risk team. |
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Weekend Trades |
Weekend holding is allowed across all FORFX challenge types.All Models (Flash, Legend, PeakScalp, Black, Live):Holding trades over the weekend is permitted in both evaluation and funded phases.Standard platform trading hours and gap risk apply. |
Weekend trading allowed. |
Allowed: Ability Challenge (including Ability Live) allows weekend holding; Ability One also allows weekend holding, subject to drawdown limits. |
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Copy Trading |
FORFX does not provide detailed public documentation on copy trading policies. Based on the available information, copy trading between your own accounts may be permitted as long as all risk rules and consistency requirements are met on each individual account. Traders should contact support for specific copy trading guidelines. |
Copy trading allowed for own strategies only. |
Audacity Capital allows copy trading, subject to specific restrictions designed to ensure that all trades originate from the trader’s own strategy and accounts. Permitted Copy Trading Own Accounts: Copying trades between your own Audacity Capital accounts is permitted. External Personal Accounts: Copying trades from your personal trading accounts with other brokers or prop firms into your Audacity Capital account is allowed. Verification of the source account may be required. EAs / Automated Systems: Expert Advisors and other automated trading tools... |
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EA Allowed |
Expert Advisors (EAs) are allowed on most FORFX challenge types with one notable exception.Permitted:Flash: EAs allowed in all phases.Legend: EAs allowed in all phases.Black: EAs allowed in all phases.Live: EAs allowed.Not Permitted:PeakScalp: EAs are NOT allowed on this challenge type.All automated trading must comply with the firm's FLR, consistency, and drawdown rules. |
EAs allowed on MT5 only. |
EA Guidelines and Restrictions Permitted Use: Expert Advisors (EAs) are generally allowed on MetaTrader 5 (MT5) for both the Ability Challenge and the Funded Trader Program. Prohibited EA Strategies: The following automated trading styles are strictly forbidden and may result in account termination: High-Frequency Trading (HFT) and Tick Scalping: Not permitted. Martingale or Averaging Down Strategies: Not permitted. Latency Arbitrage: Any form of latency arbitrage or exploitation of system vulnerabilities is strictly prohibited. Grid Trading: Not permitted. Third-Party EAs: While... |
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KYC & Restrictions |
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KYC Required |
No |
Yes |
No |
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KYC Stage |
FORFX requires KYC verification for funded account activation and payouts. Full identity verification is mandatory when transitioning from evaluation to funded status. Traders should expect to submit standard ID and residency documents before accessing their funded account and profit distributions. |
KYC required at Live Sim stage. |
KYC is required before account activation and again before processing payouts. Audacity states KYC includes proof of identity (government-issued photo ID) and a selfie, and may need to be resubmitted for compliance. |
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Restricted Countries |
Turkey Pakistan Australia USA Japan Canada North Korea Iran Myanmar Russia |
Cuba Iran Lebanon Syria North Korea Libya Russia Sudan Somalia South Sudan Vietnam United Arab Emirates Hong Kong Belarus Myanmar Central African Republic Democratic Republic of Congo Congo Ethiopia Nicaragua Venezuela Yemen Philippines Kenya Algeria Morocco United States |
Bangladesh Belarus Burma (Myanmar) Central African Republic Crimea Donetsk and Luhansk regions of Ukraine Cuba Democratic Republic of the Congo Iran Iraq Lebanon Libya North Korea Pakistan Russia Somalia Sudan Syria United States and its territories (including American Samoa Guam Northern Mariana Islands Puerto Rico and the U.S. Virgin Islands) Venezuela Yemen |
