Audacity Capital Q&A

OK so for $300 +99 you get to 1500 to play with as a downside
However perhaps it is better to know that 15k is real and if you then dot use leverage then it is 15K so a 10% but if you use leverage on 15 k say 5x then that -1500 can come sooner
 
traderjo said:
OK so for $300 +99 you get to 1500 to play with as a downside
However perhaps it is better to know that 15k is real and if you then dot use leverage then it is 15K so a 10% but if you use leverage on 15 k say 5x then that -1500 can come sooner
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You leverage can not exceed some value,over which even you have a winning strategy,you will blowup your account.That value is directly related to your drawdown.So you will need to treat drawdown as the whole capital in your personal account.How your money management protect your personal account, how your money management protect drawdown.

To transfer from € to $, it will be $400+$130.
Your profit target 10% on 10% drawdown is actually 100%.So most likely you will need to pay multiple $130s.
 
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Gazillionaire said:
Does Audacity offer indices trading?
Also, can profits withdrawal and monthly fee payment be done with PayPal?
Just passed a trial test within ONE day with a prop firm.
Interesting business model asking people to pay a fee first to make money for them. I asked if fee payment could be deferred/deducted from the profits I can make but to no avail. Does Audacity allow that?

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Hello!

We mainly trade Forex but you can request to trade indices and commodities once you reach stage 4: $120,000 account. Secondly, we accept payment methods by Bank transfer, Paypal, Bitcoin or Skrill so to answer your question, you can pay our fees and receive profit withdrawals via Paypal. We currently have an affiliate scheme for every trader that joins the program we will give you $35 which you can use towards payment of the monthly fee.
 
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