Ability One $50,000
1-PhaseA single evaluation step: a 10 percent profit target against a 3 percent daily drawdown and a 6 percent maximum drawdown, both STATIC - the firm makes a point of the drawdown never tightening as the account grows. Three minimum trading days and no time limit. The funded account pays up to 90 percent bi-weekly and scales to $2,000,000. Sold at five sizes, $5,000 to $100,000; the $200,000 the firm advertises is reached through scaling, not bought. There is no consistency rule, and news trading, weekend holding, Expert Advisors and copy trading are all allowed.
Position Sizing
Each individual position cannot exceed 10 lots, but multiple positions are allowed
Time & Holding Restrictions
Trading Style Permissions
News Trading
None. News trading is allowed.
Automation & Copy Trading
Expert Advisors and copy trading are allowed.
Additional Restrictions
Evaluation: Program page says 'Consistency Rule: None', but the Terms' qualitative lot-size/trade-length Consistency Clause applies to the minimum trading days of 'the specific programs'. No percentage. Funded: no consistency rule.
Consistency Rules
Source: https://audacity.capital/terms-and-conditions/ ; https://audacity.capital/one-step-prop-firm-ability-one/