Audacity Capital Risk of Ruin Calculator
Funded Trader Program math. Calculate the survival odds of your strategy against Audacity Capital's 10% drawdown rule before paying the evaluation fee.
Pass your evaluation. Protect your funded account.
Free classic calculator below. For 10,000-path Quick Test against Audacity Capital's exact drawdown rule, with the recommended risk level to maximize pass probability, open the app.
Public rules only. Educational, not affiliated with any prop firm. Rules change: verify with your firm before trading.
Your strategy vs Audacity Capital's rules
Audacity Capital offers 3 sizes from $15,000 to $100,000
Survival grade
A
Ruin probability
0.6%
Losers to bust
10
Your strategy has a positive edge of 25.0% per trade. Survival odds look strong, but Monte Carlo simulation against real market data will give you a more realistic picture.
About Audacity Capital's rules
Audacity Capital is a London-based prop firm offering the Funded Trader Program (FTP) and Accelerated Programs with a 10% maximum drawdown structure.
Key risk rule
10% max drawdown with no daily cap. The absence of a daily limit allows for higher per-trade risk but also larger single-day losses.
| Account | Size | Max DD | Profit Target |
|---|---|---|---|
| $15K FTP | $15,000 | 10% | 10% |
| $50K FTP | $50,000 | 10% | 10% |
| $100K FTP | $100,000 | 10% | 10% |
Rules summarized from publicly published information as of 2026-04-17. Always verify current terms directly with Audacity Capital.
Why most Audacity Capital traders fail
The 10% drawdown ceiling looks generous in isolation. The math says otherwise. At 2% risk per trade, you bust after just 5 consecutive losers. With a 50% win rate, that sequence happens roughly once every 32 trades — and most evaluations require enough activity that you'll see it.
Audacity Capital's static drawdown is more forgiving than trailing rules, but the daily loss limit is the silent killer. Most evaluation failures happen on a single bad day, not from accumulated drawdown.
The fix is structural, not tactical. Reducing risk per trade from 2% to 1% cuts your expected ruin probability by roughly 75%. Reducing it to 0.5% effectively eliminates rule-based failure for most positive-edge strategies.
Run real Monte Carlo simulation
This calculator uses the classical risk of ruin formula. For 10,000-path Monte Carlo Quick Test against real market volatility, with Audacity Capital's drawdown rule applied and the recommended risk level to maximize pass probability, use the iOS app.