City Traders Imperium review: Is this a legit proprietary trading firm
As you navigate the bustling trading landscape, proprietary trading firms emerge as the most vibrant avenues to kickstart or enhance your trading career.
Amidst a constellation of these platforms, one name resonates profoundly – City Traders Imperium.
This City Traders Imperium review aims to guide you to the threshold of trading triumph.
What is City Traders Imperium?
Founded in 2018 by the dynamic duo Daniel Martin and Martin Najat, City Traders Imperium is a thriving forex proprietary trading firm.
It unlocks the doors to direct funding and evaluation schemes like the CTI Challenge and presents a rich array of educational resources for traders.
Flaunting a profit split that can reach 100%, with an initial split of 80%, CTI welcomes traders demonstrating distinct trading understanding and meeting the set trading prerequisites to trade using the firm’s funds. But, what sets CTI apart from its peers is the sheer volume of educational resources at the trader’s disposal.
As a trader, you can delve into diverse trading methods, consult performance coaches, and embark on trading strategy courses to expedite your journey toward your profit goals and funded status.
Features of City Traders Imperium
City Traders Imperium is a fertile ground for retail traders to flaunt their trading prowess and manage funds. It’s time to dive deeper into the key features that make CTI the traders’ favorite.
Scouting for the best traders: CTI’s comprehensive evaluation protocol aims to identify and induct the most promising and consistent traders. This multilevel process includes a demo trading period, risk management appraisal, and performance scrutiny.
Tailored funded accounts: Successful evaluation paves the way to a funded account courtesy of CTI. These accounts vary from $25,000 to $2,000,000, contingent on your performance and skill level.
Inviting profit sharing: CTI promises a competitive profit-sharing model that rewards the trader up to an 80% split, motivating traders to refine their strategies and performance persistently.
Risk management priority: CTI acknowledges the significance of risk management, introducing a robust system to safeguard capital. The platform meticulously monitors trader performance and imposes daily, weekly, and monthly risk limits to balance risk and reward adeptly.
A supportive trading community: CTI fosters a thriving community of like-minded traders, facilitating an environment conducive to learning and collaboration. Traders gain round-the-clock support, access to educational materials, webinars, and mentorship programs to refine their skills and excel in the market.
Wide compatibility: Seamless integration with various trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), ensure a smooth trading experience. Furthermore, the platform supports multiple trading instruments, including Forex, indices, commodities, and cryptocurrencies.
Transparent performance metrics: CTI’s commitment to transparency is evident in its lucid performance metrics that empower traders to track their progress, identify growth opportunities, and make good decisions about their trading strategies. And this is why it’s safe to say it is one of the best prop trading firms out there.
City Traders Imperium pricing & plans
Unveiling the different funding program options by CTI:
Day trading challenge: This 90-day, two-phase challenge can be accessed by a one-time payment of £109 to £479, offering account funding levels from $10,000 to $100,000. The challenge mandates a 15% target, a maximum drawdown of 10%, and a minimum of 5 active trading days for each phase.
Evaluation: The Classic or Standard evaluation challenge, which can be taken with a one-time payment of £109 to £659, sets profit targets of 7% and 9%, respectively, over 12 and 6 months. Both require a minimum of 30 active trading days, a stop loss risk of 1.5% per position, and a maximum loss limit of 5%.
Direct funding: This option, designed for experienced traders, enables immediate funding without an evaluation. With a one-time payment of £1,059 to £3,649, traders start with an initial account balance of $20-$70k, which doubles with each 10% increase, up to a cap of $4m. With weekly payouts and the chance to trade immediately, this option makes it one of the best-funded stock trading accounts.
Pros of City Traders Imperium
- Exceptional customer service
- Support for diverse trading strategies
- Instant funding
- Active trading community
- Educational resources for all traders
Cons of City Traders Imperium
- Achieving a 100% profit share is challenging
- Max 4% daily drawdown
Is City Traders Imperium Worth it?
So, is this proprietary trading firm worth it? Well, this company emerges as the prime choice for traders seeking a prop firm that extends funding opportunities, a wealth of educational resources, and a supportive community.
With an extensive evaluation period, a high-profit share percentage, and compatibility with diverse trading styles, CTI stands out as an appealing platform for novice and seasoned traders.
The emphasis on risk management, transparency, and ongoing education reflects CTI’s commitment to fueling the trader’s success journey. While securing a 100% profit share may pose a challenge, the opportunity to trade with a reputable firm and learn from industry veterans makes City Traders Imperium a top-tier choice for aspiring traders.
So, if you’re a trader yearning for a prop firm that offers a comprehensive blend of funding, education, and support, click here to sign up for City Traders Imperium today.
Remember to use the City Traders Imperium coupon code for a discount on your journey to becoming a successful trader.
