There are only three prop firms that we can trust at the moment in the industry with clear rules and guidelines which are not meant to fail you every single time.
These are the three industry leading prop firms
- FTMO
- Funded Trading Plus UK
- Audacity Capital UK
We will break down why we think these are the best funded programs and we will go deep with each of them separately.
Here is how we have ranked them, the criteria being
Company registration, balance in company accounts, established year, Trustpilot reviews, Facebook Reviews and LinkedIn Profiles of the owners and company. We have done all these checks before commenting on each of this companies, and we will provide clear reasoning why they are the best of the best in the prop firm industry.
AudaCity
Since Audacity operates in London, United Kingdom, the company records are public, according to the company records, they could be operating in from two entities, which are AudaCity Global Limited (11652683) and the second one being the AudaCity Capital LTD (08865122).
Mr. Abdelkrim YOUSFI place a key role in the both entities as a CEO and General Manager, He had being appointed to the role as Director on 28th January 2014. However, the AudaCity claims they had being operating since 2012. The one that surprise is the fact that up until October of 2021 he had quite public life with talking to news outlets to show case his opinion on certain analysis and events. Specially to Bloomberg Middle East. All these videos are still available to watch on their YouTube Channel.
Now that we have covered the Topic of a Significant Stake Holder of AudaCity,
Audacity Capital Ltd, he has requested for a company to be dissolved while their company still as this signature ‘2012 – 2024 © AudaCity Capital’, However it has being covered by this disclaimer at the footer of the website ‘This website is operated by AudaCity global limited, number 11652683,’ However, when a voluntary Strike-off action requested, they wait for a objection to raise by the stakeholders. So in this case there as being a that voluntary strike-off action has being suspended on 11 Nov 2023 due to a objection from a stakeholder.
When we go through the company accounts, there are quite a lot of debt in the 2022 balance sheet and they haven’t submitted their company accounts for the year 2023. This could be due to a accounting error or they were hoping to dissolve the company and didn’t file for it.
Now that we have covered Audacity Capital, We are moving on to the Audacity Global Limited the new company they have formed in 31 October 2018 under these Nature of Business (SIC)
Nature of business (SIC)
- 64991 – Security dealing on own account
- 64999 – Financial intermediation not elsewhere classified
- 85590 – Other education not elsewhere classified
Based on the company accounts for the 2022 as of 31 October 2022, they have a quite a lot of debt which is more than the Current Assets of £202,838, which is quite low for a company that claims to fund other traders it could be because they haven’t uploaded the new account statement or they are funding traders from different entity that is not listed in UK.
Source: https://find-and-update.company-information.service.gov.uk/company/11652683/filing-history
So We are going to give 3/10 for company records
Trustpilot
Based on Trustpilot, they have a score of 4.5/5 with a less than 3% are 1-start related which is good. Their replies to 1 star reviews are beyond impressive and they seems to be using a independent evaluators to determine if traders has be terminated from their account unfairly which is a good approach and one thing that can be noticed they have being private call from individuals from the company reaching out to traders if they have any questions and doubt about traders strategy which is needed for a company that hire traders.
so we are going to give 8/10 for the Trustpilot
Based on Facebook, investigation it is very clear that they don’t like reviews of their services or feedback from customers. Because they have removed the review section from their Facebook account which is very suspicious. They have very little to no comments on their Facebook page with a following of 7000.
so we are going to give 2/10 for the Facebook
On LinkedIn, they are seems to be very active while showing 201- 500 employees with 9,000 followers. However, very low engagement by followers and the headcount has reduced by 3% over 6 months and media tenure is 2.5years which is a good thing.
So we are going to give 6/10 for LinkedIn
Based on this we can give a Bro score of 4.75/10, if this score fall down below 4 we will remove the recommendation.
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