Forming limit of metal foil is an important index to evaluate its formability, and is ofconsiderable significance to improve the quality of products. The ductile fracture (DF) behavior in microscale plastic deformation is remarkably affected by the geometry and grain size. To explore the size-dependent forming limit curve (FLC), the Holmberg and Marciniak tests of SUS304 foils with the thicknesses of less than 0.1 mm and diverse grain sizes were performed. In addition, the validity and feasibility of three types of existing failure models including Swift/Hill, Marciniak-Kuczynski (M-K) and DF criteria for predicting the micro-scaled FLCs were discussed. It is found that the Swift/Hill model possesses the worst accuracy with predicting deviation above 50％. Four classical DF criteria including Freudenthal, Ayada, Brozzo and Oh show great difference, and Oh model considering plastic anisotropy presents the best precision. The predicted deviation of M-K model is aggravated with increasing grain size and decreasing foil thickness, which is attributed to the intensified free surface roughening and transformation of fracture mechanism with miniatur-ization. This research thus provides a deeper understanding and valuable reference for the wide-spread application of FLC in microforming.