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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%.

Overview

To ensure disciplined risk management, our Instant Funding accounts use two specific drawdown limits: a 5% Daily Trailing Drawdown and a 10% Maximum Drawdown. Understanding the difference between these two is vital to keeping your account active.


1. Daily Trailing Drawdown (5%)

The Daily Drawdown is a "Moving Floor" based on your account's Highest Recorded Equity at any one point during the day.

The Calculation: Your breach level is set at 95% of your highest equity point.

The Trailing Mechanic: As your equity increases, your drawdown floor "trails" upward behind it. However, if your equity decreases, the floor does not move back down. It remains locked at the highest point achieved that day.

Reset: This limit resets at 00:00 MT5 Server Time.


Example:

● You start the day with $10,000. Your floor is $9,500.

● You open a trade, and your equity climbs to $10,400.

● Your new "Moving Floor" is now $9,880 (10,400*95%).

● If your equity drops below $9,880 at any point before the daily reset, the account is breached—even if your initial balance was $10,000.


2. Maximum Drawdown (10%)

The Maximum Drawdown is your "Hard Floor." This is the absolute minimum equity allowed for

the life of the account.

The Calculation: This is calculated as 10% of your Initial Starting Balance.

Example: On a $10,000 account, your Maximum Drawdown floor is $9,000.

Status: This floor is static. It does not move upward as you make profits.


Important things to note:

Equity vs. Balance: Drawdown is always calculated based on Equity (including open trades). Monitoring only your balance can lead to an accidental breach.

Server Time: Please note that server times change due to Daylight Savings.

March – October: MT5 operates on GMT+3.

November – February: MT5 operates on GMT+2.

Breach Level: If your equity touches or falls below the calculated floor, the account is automatically closed by the system.

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.

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%

Yes, all FTP (Instant Funding) accounts are completely swap-free. You will not be charged any overnight fees for holding positions.

FTP (Instant Funding) accounts are commission free. You can trade without paying any additional commission on your trades.