When you enter the world of proprietary trading, it is crucial to find a firm that genuinely supports and fosters your growth as a trader. In my search for such a firm, I came across City Traders Imperium (CTI), a company with a unique set of offerings that set them apart in the industry.

CTI is an innovative prop trading firm, serving as a growth platform for retail traders worldwide. Their mission is clear: providing traders with the capital they need and backing them with a support structure to ensure their success in the financial markets. CTI offers three main programs: The Challenge Funded Trader Program, The Instant Funding Program, and The Direct Funding Program. Let’s delve into each.

The Challenge Funded Trader Program

This program is designed for those who thrive on proving their skills. It involves a two-stage evaluation phase, with each phase lasting 45 days. Stage one requires traders to meet certain targets with a demo account, showcasing their trading ability. Upon success, they proceed to stage two, repeating the process but with a lower profit target. The purpose of this structure is to confirm consistency and skill.

The cost of this program varies depending on the account size, starting at $59 for a $5,000 account, all the way up to $509 for a $100,000 account. These fees are refundable once you pass the evaluation phase.

Once you become a funded trader, you can earn between 80% and 100% profit share. Impressively, CTI provides the potential for a monthly salary for funded traders, subject to certain terms and conditions.

As for trading rules, CTI operates a maximum time limit of 45 days for each evaluation phase, a minimum active trading days of 5 for each phase, and a maximum daily drawdown of 4%. The firm also has a 10% absolute drawdown rule, meaning your losses can never exceed 10% of the initial account balance.

The Instant Funding Program

If you’re a trader who prefers fewer rules and faster access to capital, this program may suit you best. With costs ranging from $99 for a $5,000 account to $949 for a $100,000 account, you receive instant funding with no time limits and no daily drawdown.

You start off earning a 70% profit share, which can increase up to 100% as you achieve certain milestones. There is potential access to up to $4,000,000 in funded capital, subject to your performance. The program does require a stop loss and has an absolute drawdown of 5% from the initial balance.

The Direct Funding Program

This program is unique, as it provides immediate funding without an evaluation. This can save you considerable time if you’re confident in your trading abilities. The costs for this program range from $299 for a $5,000 account to $5,999 for a $100,000 account.

Similar to the Instant Funding Program, you can earn from 70% to 100% profit share and can trade up to $4,000,000 in funded capital. This program’s rules are relatively lenient, with no trading objectives for payouts and no time restrictions. However, it does require a profit target of 10% and an absolute drawdown of 10% from the initial balance.

Each of these programs has its unique benefits, and the choice depends on your confidence level, trading style, and how much capital you wish to risk.

CTI offers a remarkable platform for traders seeking growth and success in the Forex market. They have a well-rounded suite of programs designed to cater to a variety of trader profiles.

The company provides an exceptional balance of opportunity and risk management. It is transparent about its rules and expectations, and its tiered system allows for scalable growth. The potential for a high-profit share is undoubtedly an attractive feature, especially coupled with the safety net of not having to risk your own capital.

In terms of costs, while the fees may seem high for larger accounts, the fact that they are refundable once you pass the evaluation phase makes it a worthwhile investment. Plus, with the potential to earn between 70% and 100% of the profits, the initial costs can quickly become inconsequential.

One of the aspects of CTI that impressed me the most was their clear focus on fostering consistent and disciplined trading. Their well-defined rules and stringent evaluation phases are designed to ensure that traders can not only generate profits but also manage risks effectively.

All in all, CTI provides a unique opportunity for traders to gain access to significant funding, backed by an established and reputable firm. It offers an exciting chance for retail traders to upscale their trading without risking their own capital. If you’re ready to take the leap and demonstrate your trading skills, CTI’s funded programs are certainly worth considering.

Quick Details of the CTI Programs

Challenge Program Instant Funding Program Direct Funding Program
Program Costs $59-$509 $99-$949 $299-$5,999
Available Funding Up to $100,000 Up to $100,000 Up to $1,000
Profit Sharing 80% – 100% 70% – 100% 70% – 100%
Maximum Drawdown 10% 5% 10%
Evaluation Duration 45 days per phase None None
Profit Targets Phase 1: 10%, Phase 2: 5% 9% 10%
Money Back Guarantee Yes No No
Min. Active Trading Days 5 days per phase None None
Max. Daily Drawdown 4% None None
Overnight Trading Yes Yes Yes
Weekend Trading Yes Yes Yes
News Trading Yes Yes Yes
Account Growth Plan Tier 1: 30%, Tier 2: 100% Up to $2M Up to $2M
Leverage 1:33 1:10 1:10
Evaluation Phases Two None None
Stop Loss Not specified Required Not specified
Scaling Plan Yes Yes Yes
Weekly Withdrawals Yes Yes Yes
No Time Restrictions No Yes Yes
Trading Objectives for Payouts Not specified None None

Please note that the information contained in this table is subject to change and should always be confirmed with CTI’s official resources.

What are the Experiences of Other Traders?

In terms of the numbers, CTI has an impressive 4.8 score on Trustpilot based on 869 reviews. This high rating, indicates that a majority of the reviews are positive. High ratings on Trustpilot are generally a good indicator of user satisfaction and trust in a company’s services or products.

However, like any business, CTI does not seem to be without its criticisms. A few of the negative feedback points involve issues with support services not being regularly available, and rules being perceived as overly strict. There have also been complaints about some hidden rules and issues with slippage. These concerns suggest that there may be room for CTI to improve their clarity of communication and technical execution.

Despite these concerns, the predominance of positive reviews indicates that these are likely isolated incidents rather than systemic issues. The overall consensus appears to be that CTI provides a strong platform for traders looking for funded trader programs, standing out from its competitors in terms of user satisfaction.

It’s worth noting that no service is perfect, and potential users should balance these reviews with their own research and risk tolerance. It’s also important to remember that every trader’s experience is unique, and what works well for one person may not work as well for another. Therefore, prospective traders should take the time to understand the rules, trading conditions, and potential risks associated with CTI’s programs.

247trading Final Impressions on the City Traders Imperium

Having carefully reviewed the features and programs offered by City Traders Imperium (CTI) and taken into consideration the predominantly positive feedback from users, it’s safe to conclude that CTI presents an enticing platform for traders seeking funded trader programs, especially those that don’t want to bother with challenges or evaluation rounds. The company has clearly taken significant strides to create a platform that caters to different types of traders through the three distinct programs it offers: The Challenge Funded Trader Program, the Instant Funding Program, and the Direct Funding Program.

Each of these programs offers a unique blend of conditions to accommodate various trading styles, preferences, and objectives. From the option of embarking on a two-phase challenge to demonstrate trading skills to the choice of direct funding for those who wish to skip the evaluation process, CTI provides a range of choices to suit traders at different levels of expertise and capital.

Furthermore, the company’s profit-sharing model, which offers traders between 70% to 100% of profits, is competitive, and the scaling plans of the programs provide ambitious traders with the opportunity to manage considerable capital.

Although there have been some criticisms regarding the strictness of rules and the availability of support services, it’s worth noting that these issues seem to be the exception rather than the rule, with the vast majority of feedback being overwhelmingly positive.

Moreover, the 4.8 score on Trustpilot, based on 869 reviews, strongly attests to CTI’s credibility and user satisfaction. A high rating like this, especially based on a substantial number of reviews, is not a common feat, indicating that CTI’s approach to providing funded trading opportunities is well-received by its users.

Comparing CTI to other funded trader programs in the market, it’s clear that the company distinguishes itself with the flexibility and variety of its offerings. Although there are many other firms that provide funded accounts, few offer the range of options, the level of potential funding, or the tiered approach to profit sharing that CTI does.

City Traders Imperium appears to be a worthy choice for traders seeking funded trading opportunities. While it’s essential for prospective traders to conduct their own research and ensure that the program aligns with their trading style and objectives, CTI’s offerings are certainly deserving of consideration.