Audacity Capital vs Super Funded

Audacity Capital Review

Funded trading accounts have become an invaluable component for retail traders looking to scale their strategies without risking personal capital. Audacity Capital, established in January 2014, has etched its name as a trusted player in the prop trading space. With an impressive Trustpilot rating of 4.7 out of 5, this prop firm has a solid reputation backed by excellent customer service. Audacity Capital caters to traders by offering direct funding of up to $500,000 without the need for a prior evaluation phase, a godsend for experienced traders gearing to take on the markets without delay. This level of trust invested in traders exemplifies Audacity's confidence in their vetting process. Furthermore, the firm provides an appealing scaling plan with a 10% fixed drawdown and no time restrictions on account growth, which is beneficial for traders who prefer a pressure-free trading environment. Unique features such as the flexibility to hold positions overnight (Monday to Friday) and the opportunity to double the account size with every 10% profit are distinctive bonuses. Also, the safety net of a free retake and a 14-day extension for their Ability Challenge shows a commitment to supporting trader development. However, the lack of a free trial may deter potential users who prefer a test run before committing funds. Additionally, the 50% profit share offering lags behind more generous competitors, and the prohibition of weekend trading may not sit well with everyone. Monthly platform charges might also chip away at profitability for some traders.

Super Funded Review

Emerging into the prop trading scene in February 2023, Super Funded might be the new kid on the block, but it comes with features designed to attract the modern trader. With real accounts holding allocation capital of up to $600,000 and a notably generous 90% profit split, Super Funded has set the bar high to catch the eye of ambitious traders. Its simplified one-step evaluation process removes the typically complex layers found in competitor models, and the absence of minimum trading days gives traders the flexibility to operate on their schedules. In addition, Super Funded allows trading during news events, over weekends and overnight—features which can be attractive to traders looking for fewer restrictions. However, being a newcomer, Super Funded currently suffers from a lack of verifiable community feedback and payment proofs. These are significant considerations for traders who seek assurance based on the experience of their peers. Also, the low leverage options of 1:30, 1:20, and 1:2 might limit traders accustomed to higher leverage and the increased potential it brings. The “Consistency Rule" could also hamper trading styles that rely on taking advantage of varying market conditions.

Comparing Audacity Capital and Super Funded

While Audacity Capital brings years of industry presence and a highly rated customer experience to the table, Super Funded offers a bold profit split and an easy entry point with its one-step evaluation. The differences in leverage and weekend trading terms present potential users with a clear choice depending on their trading strategies. Users will weigh the advantages of direct funding against a higher profit split, alongside the value of an established reputation against the promise of a progressive newcomer to the industry. Furthermore, the diversity in tradeable instruments and trading rules will guide traders towards the prop firm that best aligns with their preferred markets and trading methodologies. In terms of funding processes, both firms present modern deposit and withdrawal methods including cryptocurrencies, signaling an adaptation to trader preferences and financial trends.

Final Thoughts

The decision between Audacity Capital and Super Funded could hinge on individual preferences towards aspects like profit sharing, leverage, trading freedom and the perceived stability that comes with a firm's tenure in the market. Both prop firms offer a compelling package, but the right choice will come down to the alignment with a trader's personal goals, risk appetite, and the nuances of their trading strategy. As the prop trading industry continues to evolve, retail traders have the opportunity to leverage the strengths of such firms as they aim to amplify their trading capital and unlock new potential for financial growth.