PropFirmWay

Ability Challenge $200,000

2-Phase

Two evaluation steps with the widest limits Audacity sells, which the firm advertises as the highest in the market: step one asks 10 percent against a 7.5 percent maximum daily loss and a 15 percent maximum loss, step two asks 5 percent against 5 and 10 percent. Four minimum trading days in each step and no time limit. The funded account runs at a 5 percent daily and 10 percent maximum loss with no profit target, a profit share of up to 90 percent, same-day withdrawals and a refundable fee. There is no consistency rule, and news trading, weekend holding, Expert Advisors and copy trading are all allowed.

Account Size
$200,000
Evaluation Fee
$1,049
Fee Type
Refundable Fee

Position Sizing

Max Lot Size
10
Max Open Positions
No Limit
Max Open Lots (Total)
No Limit

Maximum 10 lots per individual position

Time & Holding Restrictions

Overnight HoldingAllowed
Weekend HoldingAllowed

Trading Style Permissions

Scalping
HFT
Hedging
Martingale
Grid Trading

News Trading

News Trading Allowed

None. News trading is allowed.

Automation & Copy Trading

Expert Advisors (EAs)

Expert Advisors and copy trading are allowed.

Copy Trading
Trade Copier Between Own Accounts

Additional Restrictions

Stop Loss Required
No
Consistency Rule

Evaluation: No best-day/profit-percentage rule, but the Terms contain a qualitative 'Consistency Clause': traders must show consistency in trade length and lot size for the minimum trading days to count; e.g. one 15-lot trade plus six 0.1-lot days fails the Ability Challenge. No percentage. Conflicts with program pages that say 'Consistency Rule: None'. Funded: no consistency rule.

Consistency Rules

Source: https://audacity.capital/terms-and-conditions/ ; https://audacity.capital/two-step-prop-firm-ability-challenge/