Blog > AudaCity Capital: The Funding Firm Under Fire
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AudaCity Capital: The Funding Firm Under Fire

30-Mar-2025

 By Legit Rate

AudaCity Capital is widely known in the trading community for its funded trader programs, where aspiring traders can supposedly access significant capital in exchange for performance. While AudaCity Capital appears to be a legitimate London-based firm, a large and growing number of complaints suggest that its operations are far from transparent.

What is AudaCity Capital?

AudaCity Capital markets itself as a proprietary trading firm that gives talented traders access to company capital once they prove themselves through a simulated evaluation. The model is attractive—risk-free capital, profit sharing, and professional support. However, behind the scenes, many have reported issues with the platform’s integrity and credibility.

Trader Complaints and Withdrawal Blocks

Numerous traders have come forward reporting that after passing AudaCity Capital's evaluation, they were either delayed or denied funded accounts. Others state that once they started earning profits, they were cut off, accounts were terminated without proper cause, or rules were changed retroactively.

The recurring theme? AudaCity Capital lures traders in with promises of funding, only to disqualify or block them once real money is on the line.

Legal Reports and Action with Zelrith LLP

Zelrith LLP has received multiple complaints involving AudaCity Capital. Traders allege fraudulent practices, financial obstruction, and breaches of contract. Zelrith LLP is currently reviewing these claims and encouraging affected individuals to step forward with documentation and evidence.

Several victims believe AudaCity Capital operates a deceptive cycle of charging evaluation fees while making it nearly impossible to qualify for or retain a funded account.

Final Thought

While AudaCity Capital presents itself as a legitimate and empowering trading firm, the consistent flood of complaints, user frustration, and legal scrutiny tell a different story. Traders are urged to be extremely cautious and thoroughly research their options before engaging.

Verdict:
Legit Rate recommends exercising serious caution with AudaCity Capital.

If you’ve been affected, contact Zelrith LLP for legal support and fund recovery.

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