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Knowledge Center

Your all-in-one hub for everything AudaCity Capital. Explore clear guides, program breakdowns, trading rules, and step-by-step instructions, designed to help you trade confidently and get the most out of your funded journey.

FTP kb

Funded Trader Program

Time Limit
The program offers unlimited trading days to achieve a 10% profit target.

Minimum Trading Days
5 trading days

Profit Target
Aim for a 10% profit.

Daily Drawdown
Maintain a daily drawdown limit of 5%.

Maximum Drawdown
Program imposes a maximum drawdown of 10%.

If you already have an account with the Funded Trader Program, you may acquire a new one under specific conditions. To qualify, the combined total size of your current and new account must not exceed $240,000.

This policy is designed to ensure a smooth and fair transition into the updates of our New Funded Trader Program.

Each time you reach your 10% profit target, you have the opportunity to withdraw your earnings. Once all trading objectives are met, you can initiate a withdrawal request via your Trader Dashboard.

When you reach your 10% profit target, your account will be sent to the risk team for review.
This review normally takes 1–3 working days, during which you must not trade on the account.

Once the review is successfully completed, the profit amount will automatically be credited to your dashboard wallet.

At the same time, you will receive a new trading account with the doubled (scaled-up) account size, ready for you to continue trading.

Daily Drawdown

Maintain a daily drawdown limit of 5%.

 

Maximum Drawdown

Program imposes a maximum drawdown of 10%.

 

For reference to MetaTrader server times:

March - October*

MT5 : 22:00 GMT+1(12am GMT+3)

November - February*

MT5 : 22:00 GMT+0(12am GMT+2)

 

*please note times are subject to change due to daylight saving time in the UK

 

Example :

7.5K FTP Account (5% Trailing DD)

If your equity reaches:

$7,800 highest point of the day

Your DD limit becomes:
7,800 × 95% = 7,410

If at any time your equity goes below 7,410, the account is breached.

This applies throughout the day, not just at rollover.

 

Maximum Total Drawdown | 10%

  • The maximum total drawdown is 10% on the Funded Trader Program. Therefore, the equity must not fall below 90% of the initial account balance both for open and closed positions, including commissions and swaps.

    Example: For a $15k FTP account, your equity shall never go below $13.5k.

5 minimum trading days required
The Funded Trader Program (Instant Funding) requires a minimum of 5 trading days before requesting payouts. 

Payout Eligibility: You can request your payout once you reach a 10% profit milestone on your account. You can do this by signing in to your trader dashboard, go to wallets and select 'withdraw'.

- For $7.5k, $15k, $30k, and $60k account sizes the profit share is mentioned below:
  More than 30 Days to reach target = Your profit share is 50%
  Less than 30 days to reach target = Your profit share is 60%

- For $120k and $240k account sizes, the profit share of the trader increases:
  More than 30 Days to reach target = Your profit share is 60%
  Less than 30 days to reach target = Your profit share is 70%

- For $480k, $960k, and $1.92m account sizes, the profit share of the trader further increases:
  More than 30 Days to reach target = Your profit share is 70%
  Less than 30 days to reach target = Your profit share is 80%