- Direct funding up to $500,000 without evaluation.
- Trustpilot rating of 4.7/5 and excellent customer service.
- Scaling plan with unrestricted timeframe and 10% fixed drawdown.
- Flexibility: Overnight holding (Mon - Fri) and account doubling at 10% profit.
- Benefits: Free retake & 14-day extension for Ability Challenge.
Blue Guardian
- $400,000 standard account cap with potential to scale to $2,000,000.
- Exceptional 4.8/5 Trustpilot rating with 85% profit share.
- Leverage up to 1:100 and minimal evaluation goals of 8% and 4%.
- Supports overnight, weekend positions, and news trading.
- Comprehensive user interface with diverse trading tools (forex, commodities, crypto, etc.).
Cons ❌
Audacity Capital
- No free trial
- No trading or holding over the weekend
- 50% profit split
- Monthly platform charges
Blue Guardian
- Mandatory 5 trading days for Elite Guardian
- Absence of a free trial
Rules 📋
Audacity Capital
Consistency Rule, Lot Size Limit, Maximum Daily Loss, Maximum Loss, Maximum Trading Days, Minimum Trading Days, No News Trading, No Weekend Holding, Profit Target
Blue Guardian
Maximum Daily Loss, Maximum Loss, Maximum Trading Days, Minimum Trading Days, Profit Target, Third Party Copy Trading Risk, Third Party EA Risk
Audacity Capital vs. Blue Guardian: A Prop Firm Comparison for Traders
In the world of proprietary trading, retail traders are in constant search of the right prop firm that aligns with their trading strategy and goals. Audacity Capital and Blue Guardian emerge as two solid options, each with their distinct advantages and disadvantages.
Funding and Profit Sharing
Audacity Capital immediately stands out with their offer of direct funding up to $500,000 without an evaluation process. This provides traders with a significant amount of capital to leverage from the outset. In contrast, Blue Guardian caps its standard account at $400,000 but with the potential to scale up to $2,000,000 which is appealing for traders with a clear growth trajectory in mind. However, with Audacity, you're limited to a 50% profit share, whereas Blue Guardian is more generous, offering an 85% profit share.
Trust and Customer Service
Both firms enjoy excellent reputations with high Trustpilot ratings, 4.7/5 for Audacity Capital, and an even higher 4.8/5 for Blue Guardian. This speaks volumes about their customer service quality and overall trader satisfaction.
Flexibility in Trading
Audacity Capital scores high on flexibility with unrestricted holding times from Monday to Friday, and the potential for account doubling upon reaching 10% profit. Blue Guardian, meanwhile, allows for overnight and weekend positions, catering to traders who engage with markets beyond the traditional trading hours.
Trading Conditions
When it comes to trading conditions, Audacity Capital is clear about its scaling plan and the lack of an evaluation means traders can start big. Blue Guardian offers high leverage up to 1:100 and minimal evaluation goals, which is a huge draw for traders looking to maximize their trading capabilities. Both prop firms are strict about their rules and restrictions, though Blue Guardian appears to be slightly more stringent with the inclusion of Third Party Copy Trading and EA risks.
Technological and Trading Tool Offering
Blue Guardian boasts a comprehensive user interface with a range of trading tools and a wider array of tradable instruments, including cryptocurrencies and metals. This variety is essential for traders who wish to diversify their strategies across different markets.
Profit Withdrawal and Deposits
Both firms provide standard deposit methods, but Blue Guardian steps ahead with the inclusion of Deel for withdrawals, which may offer additional convenience for international traders.
Account Options and Instruments
Regarding account sizes, Audacity Capital offers a $15,000 fixed size, while Blue Guardian's account sizes are more varied. Moreover, Blue Guardian offers a broader selection of tradeable instruments, which is crucial for traders looking to exploit multiple markets.
Conclusion: Choosing the Right Prop Firm
Ultimately, the choice between Audacity Capital and Blue Guardian comes down to individual trading preferences and goals. If immediate large capital with a straightforward approach is your priority, Audacity Capital is compelling. On the other hand, if you're after higher profit shares, scaling potential, and a broad range of instruments to trade, Blue Guardian might be the superior choice.
Both firms have established themselves as reputable players in the industry, though with varying propositions. Audacity Capital, with its no-evaluation funding, could be a magnet for experienced traders confident in their ability to manage substantial funds responsibly. Conversely, Blue Guardian's favorable profit share and conditions conducive for growth might appeal to traders with an eye on steady scaling of their operations. It’s essential for potential traders to weigh these critical factors carefully before committing to a prop firm.