Ability Challenge (2-phase)
Check my odds on these rules- Max loss −15%
- Daily −7.5%
- Target +10%
- Max loss −10%
- Daily −5%
- Target +5%
Bars are in % of the starting balance. Red: the loss you can take before failing. Green: the profit you need to pass.
| Rule | What it says | The firm's wording |
|---|---|---|
| Profit target | 10% then 5% | “Challenge Phase has a profit target of 10%” |
| Verification target | 5% | “Verification Phase has a profit target of 5%” |
| Daily loss limit | 7.5% in Challenge, 5% in Verification | “Challenge Phase has a daily drawdown of 7.5%” |
| Max loss | 15% in Challenge, 10% in Verification | “Challenge Phase has a maximum drawdown of 15%” |
| Minimum trading days | 4 in each phase | “You must trade a minimum of 4 trading days” |
| Time limit | None | “there is no time limit on achieving the profit target” |
| Profit split | 75% below 10% profit, 85% above | “the profit share will increase to 85%” |
| Fee refund | With the first payout, if it exceeds the fee | “Refund fees are processed alongside the first payout” |
In PassLab: PassLab uses the Challenge phase limits (7.5% daily, 15% max) for both phases; Verification is tighter (5% and 10%).
Before you buy, check these on the firm's site
How the daily loss is measured
From the day's starting balance or equity, and whether open trades count. The same 5% can be two different rules.
Whether the max loss moves
A static floor stays put; a trailing one follows your best balance and can fail you while you're in profit.
What happens at payout
First-payout gates, splits that change, and checks that re-run when you withdraw.
Sources
Change log
- Added Audacity Ability Challenge to the registry. Read on audacity.capital: Challenge 10% target with 7.5% daily and 15% max; Verification 5% with 5% and 10%.
Spotted a rule we have wrong? Tell us and we'll check it against the firm's page.