To ascend into the professional sphere of trading, funded trader programs offer a ladder of opportunity that is remarkably easy to climb.
The need for an illustrious university degree, an impressive professional background, or an enormous initial capital is abolished. What ascends in value is your avidity to learn and hone trading skills.
Are you now contemplating taking the plunge? Your subsequent deliberation is pinpointing the most superior proprietary trading firms to apply for a funded account. The sheer magnitude of options may induce a sense of overwhelm, yet specific alternatives stand out.
So, this City Trader Imperium review aims to help you determine whether this platform merits being a part of the preeminent providers of funded accounts that warrant your consideration.
What is City Trader Imperium
Nestled in the heart of London, City Traders Imperium is a proprietary trading firm that funds the journey of triumphant traders. This venture is the brainchild of Daniel Martin and Martin Najat, erstwhile professional head traders.
Today, the CTI funded program hails as a beacon for neophytes wishing to voyage through the thrilling yet economical waters of trading.
The launch of this prop firm was triggered by the founders’ dissatisfaction with the prevalent modus operandi of most UK-based prop firms.
Martin and Najat found companies were merchandising a mirage of prosperity, instigating a chasm between the knowledge funded traders acquired and the expertise required to morph into profitable traders.
CTI aspires to bridge this gap by offering traders a meticulously designed educational repertoire, professional mentorship, and funding – the trinity of elements imperative for success.
City Traders Imperium offers Forex enthusiasts the golden ticket to direct funding, ranging between $20,000 and $70,000. It embraces all kinds of trading strategies, making it an attractive platform for a diverse range of traders.
Yes, from retail and swing traders to professional portfolio managers and day traders. The cherry on the cake? Funded account holders can leverage up to 1:100.
Features of City Traders Imperium
City Traders Imperium sets the stage for proficient retail traders to showcase their prowess and manage funds. Let’s navigate the notable features that transform this platform into a traders’ favorite and contribute to its success.
- Finding the Best Traders
CTI employs a comprehensive evaluation process to unearth the most talented and consistent traders. This process includes multiple stages, such as a trial trading period, risk management appraisal, and performance review.
- Tailored Funded Accounts
Upon successfully sailing through the evaluation process, traders access funded accounts furnished by CTI. Based on the trader’s skillset and performance, these accounts vary in size, ranging from a modest $25,000 to a staggering $2,000,000.
- Attractive Profit Sharing
CTI takes pride in its competitive profit-sharing model that acknowledges and rewards traders for their accomplishments. With a profit split of up to 80% in the trader’s favor, CTI ensures its members are continually incentivized to perfect their trading strategies and performance.
- Emphasis on Risk Management
CTI appreciates the vital role of risk management and furnishes a robust system to safeguard capital. It vigilantly monitors trader performance and imposes daily, weekly, and monthly risk limits to maintain an equilibrium between risk and reward.
- Supportive Trading Community
CTI’s platform serves as a breeding ground for a dynamic community of traders with similar aspirations, fostering a climate of learning and cooperation. Traders benefit from round-the-clock support, access to educational resources, webinars, and mentorship programs to polish their skills and flourish in the market.
- Extensive Compatibility
CTI harmonizes effortlessly with various trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offering traders a familiar and seamless trading experience. Additionally, the platform supports many trading instruments, including Forex, indices, commodities, and cryptocurrencies.
- Clear Performance Metrics
Transparency lies at the heart of CTI’s platform, which provides lucid performance metrics for traders. These insights empower traders to trace their progress, identify areas for improvement, and make well-informed decisions regarding their trading strategies.
Pricing & Plans of City Traders Imperium
Delving into CTI’s funding program, you encounter three distinct paths. Engage in the 90-day, 2-phased Day Trading Challenge, where, for £109 to £479, you can handle assets from $10,000 to $100,000, targeting a 15% return with a 10% maximum drawdown.
Alternatively, choose the £109-£659 Evaluation Challenge, Classic or Standard, where you aim for a 7% or 9% profit within specified periods, each requiring a 30-day active trading minimum.
If you are seasoned in trading, opt for Direct Funding. This £1,059 to £3,649 plan offers an account of $20-$70k, doubling each time a 10% increase is achieved, capped at $4m.
Conclusion
CTI stands tall over a handful of its contemporaries in funded account providers courtesy of its flexible offerings, a diverse range of products and services, and a distinctive personalized approach often conspicuous by its absence in the industry.
Though the one-time fees for various tiers of the program may eclipse the industry average, the value derived justifies the investment.
Some of the best prop trading firms follow a similar path. Aligning with CTI grants you access to pragmatic educational content and an involved community that can only elevate your trading skills.
Suppose your aspirations include consistent trading or leveraging all the benefits of a funded trader offering that isn’t restricted merely to currency trading. In that case, CTI deserves a premier spot on your consideration list.
