City Traders Imperium, also known as CTI, began with an ambitious vision to empower traders and help them find both success and fulfillment in their trading journeys. In my following City Traders Imperium review, I will dive into how the firm stands out in the competitive world of proprietary trading.
CTI sets itself apart by offering funded accounts with profit-sharing benefits, targeting traders who can clear their evaluation phase and consistently meet the firm’s trading requirements. This model positions them as a viable alternative to other prop firms, which often promise more than they deliver.
As we evaluate City Traders Imperium, it’s important to see if its impressive online reputation holds up in reality, especially for traders aiming to hit profit targets. Moreover, a balanced view requires considering City Traders Imperium complaints and negative ratings, providing a fuller picture of the firm’s performance and its value to traders.
Read on to find out more.
Learn More About City Traders Imperium
What is City Traders Imperium?
City Traders Imperium, a London-based proprietary trading firm founded in 2018 by Daniel Martin and Martin Najat, offers a unique opportunity for traders. Known for its generous profit split starting at 80% and potentially reaching up to 100%, the firm provides qualified traders who demonstrate exceptional trading skills the chance to trade using the firm’s capital.
What I believe distinguishes City Traders Imperium from other prop firms is its comprehensive educational resources. Traders have access to various types of trading knowledge, including day and swing trading techniques, guidance from performance coaches, and courses covering a range of trading strategies. This well-rounded educational approach is designed to equip traders with the necessary skills to achieve their profit targets and earn a funded status.
Besides being an attractive option for beginners seeking an affordable trading experience, City Traders Imperium supports a wide array of trading strategies, making it versatile for retail traders, swing traders, professional portfolio managers, and day traders alike. With funding options ranging from $20,000 to $70,000 and the possibility of using up to 1:100 leverage, the platform caters to a diverse trading community.
More than just a funding provider, City Traders Imperium is committed to fostering a community of like-minded traders. The firm extends beyond capital backing by offering mentorship programs and coaching, positioning itself as a supportive team dedicated to helping traders kick-start and advance their professional trading careers.
City Traders Imperium Complaints And Negative Ratings
With a 4.7 out of 5 average rating on TrustPilot, overall, users have been satisfied with City Traders Imperium. Before we get into the details about what users like about them, I think we should address the City Traders Imperium complaints. After pouring over all of the negative ratings I could get my eyes on, here are a couple I feel are most telling:
Sergio Ortega
2 reviews
MX
Mar 14, 2023
May rate better with time
I can’t give the 5 stars for several reasons. I am still in process of KYC. Through the evaluation process, their server was down a couple of times and affected a couple of trades I was expecting to manage. The E.A. they give you as Dashboard, is constantly updating so the little issues shall be solved eventually. I’m looking forward to keep working and improving by doing my part as a consistent profitable trader and get to the highest accounts!
Date of experience: March 14, 2023
This negative rating mentioned their server was down. I understand why this trader would be very frustrated. I did not see many other reviewers mention this fact, so it was probably a short term problem that was fixed by the City Traders Imperium team.
RomJ
1 review
JP
Jun 6, 2022
Honest and down to earth prop firm
Honest and down to earth prop firm. Suitable for Swing traders as the evaluation phase is long enough. Could do better on indices (minimum lot is standard lot, too high) and maybe make Forex exotic pairs available to better accommodate traders of all styles.
Date of experience: June 06, 2022
This reviewer seems to be satisfied with City Traders Imperium overall, but they just wish there was a bit more flexibility in their offerings. I would recommend thoroughly reviewing what can and can’t be traded with City Traders Imperium before signing up.
If you want to gather an even broader perspective on City Traders Imperium complaints, you can consider looking at City Trader Imperium Reddit reviews and Reddit threads. Although I must warn you, I spent time reading through the Reddit reviews on City Trader Imperium and wasn’t able to unearth any meaningful commentary.
City Traders Imperium Pricing
City Traders Imperium provides a range of tailored trading programs, each catering to different trader needs and experience levels. Here’s my breakdown of their cost structure and rules:
Evaluation Program Pricing:
- Diverse Account Options: Ranging from a $2,500 account at $48 to a $100,000 account for $643.
- Profit Targets and Loss Rules: Traders must adhere to specific profit targets while managing maximum loss rules.
- Leverage: Offering 1:33 leverage to enhance trading potential.
Day Trading Challenge:
- Affordable Entry: Prices vary between approximately $135 to $594.
- Account Levels: Catering to a wide range of traders with accounts from $10,000 to $100,000.
- Profit and Drawdown: Set with a 15% profit target and a 10% maximum drawdown.
Direct Funding for Experienced Traders:
- Instant Funding: Ranges from about $1,313 to $4,524.
- High Starting Balances: Initial balances between $20,000 to $70,000.
- Growth Potential: Account balance doubles with every 10% increase, up to $4 million.
Key Benefits of CTI Pricing Structure:
- Tailored Trading Programs: City Traders Imperium offers diverse programs suitable for traders at various levels.
- Flexible Pricing Options: With multiple pricing tiers, CTI caters to both beginners and experienced traders.
- High Growth Potential: The firm’s unique scaling and funding options provide significant growth opportunities for traders.
Make sure to check for City Traders Imperium coupon codes for periodic discounts.
Final Thoughts
As of October 2023, City Traders Imperium has expanded its offerings to include crypto trading, positioning itself among the best crypto prop trading firms. This addition marks a significant development, catering to the growing demand for cryptocurrency trading opportunities.
Throughout my article, we’ve explored the diverse range of programs City Traders Imperium offers, from their Evaluation Program with varied account sizes to the Direct Funding option for seasoned traders.
Their structured approach and the introduction of crypto trading demonstrate their commitment to staying relevant and versatile in a rapidly evolving trading landscape.
However, it’s important for potential traders to consider City Traders Imperium complaints and negative reviews. This will provide a more comprehensive view of the firm, balancing its innovative offerings with real-world user experiences.
Understanding both the strengths and the areas of concern will help traders make an informed decision about whether City Traders Imperium aligns with their trading goals and risk preferences. For those looking to dive into prop trading, especially in the crypto realm, City Traders Imperium could be a firm worth considering.
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