Our editorial team compared every key metric — fees, rules, profit split, payouts — so you can pick the right firm.
| Feature | iFunds | Audacity Capital |
|---|---|---|
| Payout | ||
| Profit Split | 50-80% (inversely linked to max DD chosen) | 50-95% (scales over time) |
| First Payout | On demand | 14 |
| Payout Frequency | On demand | Bi-weekly (Ability Challenge), Weekly (FTP) |
| Max Account Size | $500,000 | $240,000 |
It's a Tie!
In this independent head-to-head comparison of iFunds vs Audacity Capital, we break down challenge rules, pricing, profit splits, and payout conditions to help you decide which prop firm is the better fit for your trading style.
iFunds: No Evaluation. Choose Your Own Max DD. 50-80% Split. 24h Payout Guarantee.
Audacity Capital: One of the oldest prop firms globally, with generous drawdown limits and 12+ years of operation.
Both firms score equally in our independent methodology. The best choice depends on which specific features matter most to your trading style.
BestProp Score: iFunds scores 7.8/10 vs Audacity Capital at 7.8/10.
Minimum Fee: iFunds starts from $250; Audacity Capital starts from $49. Audacity Capital is cheaper at entry level.
Profit Split: iFunds offers 50-80% (inversely linked to max DD chosen); Audacity Capital offers 50-95% (scales over time). Audacity Capital has the higher split.
Platforms: iFunds supports MT4, MT5; Audacity Capital is on MetaTrader 5.
Tradeable Markets: iFunds covers Forex, Metals, Energies, Crypto, Stocks; Audacity Capital offers Forex, Metals, Indices.
Challenge fees are typically the biggest factor when choosing a prop firm. Here is how iFunds and Audacity Capital compare on pricing.
iFunds challenge fees start from $250. The firm has operated since 2024.
Audacity Capital challenge fees start from $49. The firm has operated since 2012. They have funded over 500,000+ traders. Total payouts to date: $250,000,000+.
On entry-level pricing, Audacity Capital offers a lower starting fee — an important factor if you are testing with a smaller account first.
iFunds profit split: 50-80% (inversely linked to max DD chosen). Audacity Capital profit split: 50-95% (scales over time). Audacity Capital delivers the higher cut to traders.
Payout frequency: iFunds pays On demand; Audacity Capital pays Bi-weekly (Ability Challenge), Weekly (FTP). Faster payouts are better for cash flow management.
Here is our full independent review of iFunds:
iFunds is operated by iFunds Ltd (Saint Lucia, Registration No. 2024-00154) and Synerjic Ltd (Cyprus, Registration No. 474148), led by CEO Layth Sanjaq. The firm offers a purely instant-funded model — there is no evaluation phase. Traders receive capital immediately and configure their own risk parameters at purchase. iFunds holds a 4.7/5 Trustpilot rating with 93% five-star reviews. Maximum account size is $500,000. Payouts are processed within 24 hours, with a 10% bonus (up to $1,000) if the 24-hour window is missed.
The defining feature of iFunds is its customizable risk-reward model: traders select their maximum drawdown threshold at account purchase (between 6% and 10% of initial balance). A lower chosen drawdown ceiling yields a higher profit split; a higher drawdown tolerance yields a lower split. This places risk management directly in the trader’s hands from day one.
No evaluation. No profit target to begin trading. Traders select a max drawdown level — the lower the max DD they accept, the higher their profit share. The exact split-to-DD mapping is:
There is no daily loss limit on any iFunds account — only the chosen maximum drawdown applies. This gives traders full intraday flexibility; only the total equity drop from the starting balance is monitored.
Note: fees represent a meaningful percentage of account size on smaller accounts ($250 for $2,500 = 10%). This is consistent with instant-funded models where no evaluation filters risk, and reflects the immediacy of funded access. Fees are described as a participation fee — refund terms are governed by iFunds’ separate Refund Policy.
Platforms: MetaTrader 4, MetaTrader 5. Instruments: Stocks, currencies, metals, energies, cryptocurrencies. Leverage: up to 1:100 (dynamic, based on risk level). All instruments accessible on both platforms with the same account.
iFunds earns a 6.5 BestProp score. The customizable risk-reward model is genuinely innovative — letting traders choose their own drawdown tolerance and receive a commensurate profit share puts risk management in the right hands. 4.7/5 Trustpilot with 93% five-star reviews is excellent for a 2024-registered firm. No daily loss limit provides real intraday freedom. EAs, news trading, trade copiers, and multi-IP are all permitted with minimal restrictions. On-demand payouts with a 24-hour guarantee and bonus incentive are strong operational commitments.
The main caution is the fee-to-account-size ratio on small accounts: $250 for a $2,500 funded account is a 10% upfront cost, and the base profit split at the highest drawdown tolerance is only 50%. Traders who want immediate funding of small accounts should run the numbers carefully — at 50% split and $250 fee, the break-even is $500 in gross profit (1 * fee * 2), meaning the account must gain 20% before the trader recups the fee net of split. iFunds works best for confident, disciplined traders who can accept tight drawdown limits in exchange for a higher profit share, or those with access to automated strategies that benefit from no daily DD restriction. The 2024 registration means the track record, while so far positive, is less than two years old.
Here is our full independent review of Audacity Capital:
Audacity Capital was founded in 2012, making it one of the longest-running prop trading firms in the world. UK-registered (Companies House 11652683) under CEO Karim Yousfi, the firm claims over $250 million paid out to traders and 500,000+ funded traders globally — numbers built over more than a decade of operation. The firm offers three programs: the 2-phase Ability Challenge, the 1-step Ability One, and the Funded Trader Program (FTP / Instant Funding).
The Ability Challenge is a two-phase evaluation. Phase 1 requires a 10% profit target with a 7.5% daily drawdown and 15% max drawdown — among the most generous drawdown limits in the industry. Phase 2 requires 5% with tighter 5%/10% limits. The Ability One is a single-phase evaluation with a 10% target, 3% daily, and 6% max drawdown. The FTP (Instant Funding) provides immediate funded access with up to 95% profit split and weekly payouts.
The Ability Challenge uses a trailing drawdown that resets daily when equity hits new highs. This mechanism confuses some traders — the daily limit recalculates at each new equity peak, meaning a trader can technically be in breach even while net-profitable over the full period. Review the drawdown rules carefully before trading.
News trading is allowed on the Ability Challenge without restrictions. The FTP requires a 30-minute waiting period after major economic events. EAs and copy trading are permitted. HFT, cross-account hedging, and martingale strategies are prohibited. Traders from the US, Syria, Iran, and North Korea cannot access the platform.
Ability Challenge payouts are made every 14 days via bank wire, Wise, PayPal, or crypto. The profit split starts at 50-75% on the Ability Challenge and scales to 95% over time. FTP accounts pay weekly at up to 95% immediately.
Trustpilot score is 3.4/5 from 1,067 reviews. While the majority of reviews are positive, approximately 125 are 1-star — prospective traders should review recent trader experiences before committing to the platform.
Both iFunds and Audacity Capital are evenly matched in our scoring. The right choice depends on specific features that matter most to you: pricing, profit split, platforms, or trading conditions.
Use our comparison table above and review the challenge fees at both firms before making your final decision. Both offer risk-free evaluation programs — the challenge fee is the only money at risk.
Based on our independent scoring, both firms score equally. The best choice depends on your trading style, preferred instruments, and account size.
Audacity Capital offers a lower entry-level challenge fee. However, always compare the full account sizes you plan to trade before deciding purely on price.
Audacity Capital offers the higher profit split. iFunds: 50-80% (inversely linked to max DD chosen). Audacity Capital: 50-95% (scales over time).
EA policies: iFunds — check the review. Audacity Capital — check the review. Always verify the latest policy directly with the firm.
News trading: iFunds — check the review. Audacity Capital — check the review.
Read the full iFunds review → · Read the full Audacity Capital review →
Both iFunds and Audacity Capital are strong prop firms. The right choice depends on your trading style, preferred platform and rules. Use the side-by-side table above to compare the key metrics.
iFunds offers 50-80% (inversely linked to max DD chosen) profit split, while Audacity Capital offers 50-95% (scales over time) profit split. Check each firm's current terms as these can change.
Check our offers page for the latest verified deals on both firms.
iFunds processes first payouts in On demand day(s), while Audacity Capital takes approximately 14 day(s). Always verify current payout timelines on the firm's website.
Neither iFunds nor Audacity Capital are regulated in the traditional financial sense — prop firms operate as private companies providing traders access to simulated or real capital. Always read the terms and conditions carefully before participating in any prop challenge.
