#9. City Traders Imperium

Initially driven by the vision of establishing a trading "Empire," City Traders Imperium, also known as CTI, swiftly adopted its core objective. The foundation of this endeavor was based on the notion of empowering traders, enabling them to attain personal liberation and satisfaction.

CTI fosters a culture that promotes financial independence for traders, regardless of their background or origin. Their primary requirement for clients is unwavering discipline and a steadfast commitment to long-term consistency. By entrusting traders with managing portfolios of up to $4,000,000, CTI empowers them to earn substantial profits, with the potential to receive profit splits of up to 100%. Through trading in Forex pairs, gold, and indices, these opportunities for financial success can be realized.

Who are City Traders Imperium?

CTI, headquartered in London, UK, is a proprietary firm that provides a range of trading programs. These include day trading, instant funding, and direct funding programs. The instant funding programs involve a straightforward evaluation process, while direct funding enables traders to bypass evaluation and start earning immediately. The day trading funding program, on the other hand, involves a two-step evaluation process.

Each of these funding programs features distinctive scaling plans, enabling traders to access capital of up to $2,000,000 per account. CTI facilitates trading on MetaTrader 5, utilizing a third-party program as their broker.

CTI is a legally registered company in the UK, with its official headquarters located in London. The company's registration can be verified through the records of Companies House. It was incorporated on the 13th of July 2018, with Daniel Bautista listed as the individual responsible for its establishment.

Who is the CEO of City Traders Imperium?

Daniel Martin is the CEO of City Traders Imperium

Funding options

• Day trading funding program accounts (two-step challenge)
• Instant funding program accounts (one-step challenge)
• Direct funding program accounts

Day trading funding program accounts (Two-step Challenge)

CTI's day trading funding program account aims to identify skilled and dedicated traders who are rewarded based on their consistent performance during a two-phase evaluation period. The evaluation program account allows traders to engage in trading activities with leverage of 1:33.

During phase one of the evaluation, traders must achieve a profit target of 10% while ensuring that their daily losses do not exceed 4% or their overall losses do not surpass 10%. This profit target must be reached within 45 calendar days from the date the trader initiates their first position on the evaluation account. Additionally, a minimum of five trading days is required to progress to phase two.

Phase two of the evaluation requires traders to achieve a profit target of 5%, adhering to the same maximum daily and overall loss limits as in phase one. The profit target for phase two must be met within 45 calendar days from the date of the trader's first position on the evaluation account. Furthermore, traders must engage in a minimum of five trading days to qualify for a funded account.

Upon successful completion of both evaluation phases, traders are granted a funded account where they are no longer bound by profit targets. The only requirement is to adhere to the maximum daily loss limit of 4% and the maximum loss limit of 10%. Initially, traders receive an 80% profit split on the first 10% of their profits. Upon qualifying for the growth plan, the profit split increases further, reaching 90% for a tier 1 growth plan and up to 100% for a tier 2 growth plan. Additionally, funded traders are eligible for monthly salary bonuses ranging from $100 to $1,000, depending on the size of the account they are trading on.

Day trading funding program account scaling plan

The day trading funding program accounts also offer a scaling plan. To qualify, you must achieve a profit target of 10% or more within a four-month period, with at least two out of the four months being profitable. Additionally, you must process a minimum of two withdrawals, and your account balance must be positive at the end of the fourth month. As a reward, your account balance will increase by 30% of the original account balance.

For example:

After 4 months: If you have a $50,000 account, your account balance will increase to $65,000.

After the next 4 months: The balance of $65,000 will increase to $80,000.

After the subsequent 4 months: The balance of $80,000 will increase to $95,000.

And so on...

The day trading funding program accounts allow trading in forex pairs, commodities, and indices.

Day trading funding program account rules

• A profit target refers to a predetermined percentage of profit that traders must achieve in order to fulfill various requirements such as completing an evaluation phase, withdrawing profits, or scaling their account. In phase 1, the profit target is set at 10%, while in phase 2, it is reduced to 5%. However, once traders have progressed to funded accounts, there are no specific profit targets to be met.

• The maximum daily loss is the highest amount of loss that a trader can incur within a single day without violating their account's rules. Regardless of the account size, all traders are subject to a maximum daily loss limit of 4%. This means that if the losses exceed this limit in a single day, it would result in a violation of the account's rules.

• The maximum loss refers to the highest allowable amount of overall loss that a trader can reach before violating their account's rules. It is consistent across all account sizes, with a maximum loss limit of 10%. If the accumulated losses exceed this limit, it would result in a violation of the account's rules.

• The minimum trading days represent the minimum duration for which you must actively engage in trading before being eligible to complete an evaluation phase or request a withdrawal. Both evaluation phases have a requirement of at least five trading days. In other words, you must participate in trading activities for a minimum of five days to fulfill the necessary criteria for progressing in the evaluation phase or making a withdrawal request.

• The maximum trading days signify the upper limit of the time period within which you must achieve a particular profit target or meet a withdrawal target. Both evaluation phases have a maximum trading day period of 45 days. In other words, you have up to 45 days to reach the specified profit target or fulfill the withdrawal target in each phase.

• The "no weekend holding" policy refers to the restriction imposed on traders, prohibiting them from maintaining open positions over the weekends. In other words, traders are not permitted to hold onto their positions beyond the market closing on Friday and must close any open trades before the weekend begins.

• When it comes to third-party copy trading, there is a risk involved that you should be aware of. If you choose to utilize a third-party copy trading service, it's important to consider that other traders may already be using the same service and following the exact trading strategy. By relying on such a service, there is a potential risk of being denied a funded account or withdrawal if you exceed the maximum capital allocation rule.

• When it comes to third-party EAs (Expert Advisors), there is a risk involved that you should consider. If you plan to utilize a third-party EA, it's important to keep in mind that other traders may already be using the same EA and implementing the exact trading strategy. By relying on a third-party EA, there is a potential risk of being denied a funded account or withdrawal if you exceed the maximum capital allocation rule.

Instant funding program accounts (One-step Challenge)

CTI offers a standard evaluation funding program account that provides traders with the flexibility to meet the evaluation requirements within an unlimited time period. In this account, you can trade with leverage of 1:10.

During the evaluation phase, traders are expected to achieve a profit target of 9% while ensuring that their maximum loss does not exceed 5%. There is no specific time limit imposed for reaching the profit target during this phase. It is important to note that for every position opened, traders must also set a stop loss.

Upon successful completion of the evaluation phase, traders are granted a funded account where they are not bound by profit targets. The only requirement is to adhere to the 5% maximum loss rule and set a stop loss for each position opened. Payouts can be requested on a weekly basis. It is worth noting that the withdrawal process does not impact the account's growth, nor does it require traders to compensate for the paid-out profits. The profit split awarded to traders ranges from 50% up to 100% based on the profits they generate.

Instant funding program account scaling plan (One-step Challenge)

The instant funding program accounts also include a scaling plan, which can be viewed in the provided spreadsheet. To qualify for scaling your account, the sole requirement is to achieve a profit target of 10%. Once you reach this profit target, you become eligible to scale your account. An advantageous aspect to consider is that your withdrawals do not hinder your account's ability to scale up. Your account becomes eligible for scaling when your total profits reach the 10% profit target.

Example:

The profit target for this account type is 10%.

Week 1: You earn a 4.2% profit and withdraw the profits.

Week 2: You earn a 5.8% profit and withdraw the profits.

Your total profits have now reached 10%, which makes you eligible for a scale-up since you have achieved the 10% profit target.

The instant funding program account allows trading in forex pairs, commodities, and indices.

Instant funding program account rules (One-step Challenge)

• A profit target refers to a specific percentage of profit that traders must achieve in order to fulfill various requirements such as completing an evaluation phase, withdrawing profits, or scaling their account. In the case of the evaluation phase, the profit target is set at 9%. This means that traders need to attain a profit of at least 9% to successfully meet the evaluation phase's profit target.

• The maximum loss refers to the highest allowable amount of overall loss that a trader can incur before violating the rules of their account. For all account sizes, there is a maximum loss limit of 5%. This means that if the cumulative losses exceed this limit, it would result in a violation of the account's rules.

• The "stop-loss required" rule mandates that traders must establish a stop-loss order for each position they open before initiating a trade. In other words, it is compulsory to set a predetermined exit point to limit potential losses before entering a trade.

• When it comes to third-party copy trading, there is a risk involved that you should be aware of. If you choose to utilize a third-party copy trading service, it's important to consider that other traders may already be using the same service and following the exact trading strategy. By relying on such a service, there is a potential risk of being denied a funded account or withdrawal if you exceed the maximum capital allocation rule.

• When it comes to third-party EAs (Expert Advisors), there is a risk involved that you should consider. If you plan to utilize a third-party EA, it's important to keep in mind that other traders may already be using the same EA and implementing the exact trading strategy. By relying on a third-party EA, there is a potential risk of being denied a funded account or withdrawal if you exceed the maximum capital allocation rule.

Direct funding program accounts

With CTI's direct funding program account, traders have the advantage of bypassing the evaluation process entirely and can begin earning profits right away. When trading with a leverage of 1:10, traders are eligible for profit splits ranging from 70% up to 100%, depending on the profits they generate.

It's important to note that there are no specific minimum or maximum time limitations imposed in this program. This means that traders have the freedom to trade without any restrictions on the duration of their trading activities.

Direct funding program account scaling plan

The direct funding program accounts come with a scaling plan, which is available for review in the provided spreadsheet. To qualify for scaling your account, the only requirement is to reach a profit target of 10%. Once you successfully achieve this profit target, you become eligible to scale your account. One noteworthy benefit to consider is that making weekly withdrawals does not impede the potential for scaling up your account. Your account becomes eligible for scaling as soon as your total profits reach the 10% profit target.

Example:

In this account type, the profit target is set at 10%.

Week 1: You generate a profit of 4.2% and proceed to withdraw the earned profits.

Week 2: You achieve a profit of 5.8% and again withdraw the profits.

By the end of these two weeks, your total profits have accumulated to reach 10%. This achievement qualifies you for a scale-up since you have successfully met the required 10% profit target.

The direct funding program account permits trading with forex pairs, commodities, and indices.

Direct funding program account rules

• The maximum loss refers to the highest allowable amount of overall loss that a trader can incur before violating the rules of their account. It is important to note that all account sizes have a maximum loss limit of 5%. This means that if the cumulative losses exceed this limit, it would result in a violation of the account's rules.

• The rule of "stop-loss required" mandates that traders must establish a stop-loss order for each position before initiating a trade. In other words, it is compulsory to set a predetermined exit point to limit potential losses before entering a trade.

• When it comes to third-party copy trading, there is a risk factor to consider. If you plan to utilize copy trading services from a third-party provider, it is important to be aware that there may be other traders who are already using the same service and following the exact trading strategy. By opting for a third-party copy trading service, there is a potential risk of being denied a funded account or withdrawal if you surpass the maximum capital allocation rule.

• When it comes to third-party EA usage, there are certain risks to consider. If you plan to employ a third-party EA, it is important to be mindful that there could be other traders utilizing the same EA and following the identical trading strategy. By relying on a third-party EA, there is a potential risk of being denied a funded account or withdrawal if you surpass the maximum capital allocation rule.

What makes City Traders Imperium different from other prop firms?

CTI stands out among the leading firms in the industry by offering three distinct funding programs: day trading, instant funding (one-step), and direct funding programs.

What sets CTI apart is the flexibility it provides in terms of trading style. You have the freedom to trade during news events, hold trades overnight, and even trade over the weekends (except for the day trading programs).

The CTI day trading program is designed as a two-phase evaluation process, which traders must complete in order to qualify for weekly payouts. In phase one, the profit target is set at 10%, while in phase two, it decreases to 5%. There are also specific rules to adhere to, such as the maximum daily loss limit of 4% and the maximum overall loss limit of 10%. Additionally, traders are required to engage in a minimum of five trading days during each phase before becoming funded.

It is worth noting that the day trading programs also offer a scaling plan. Although the profit targets and minimum trading days may be considered average compared to other leading prop firms in the industry, CTI's approach still stands out due to its unique features and flexibility.

A comparative example between CTI and My Forex Funds:

A comparative example between CTI and E8 Funding:

A comparative example between CTI and Funded Next:

CTI sets itself apart from other prop firms by offering a variety of funding programs. The instant funding programs, also known as one-step programs, provide traders with the option to select different account sizes.

To become eligible for weekly payouts, traders need to complete a single evaluation phase with a profit target of 9%, a maximum loss limit of 5%, and a mandatory stop-loss rule. Notably, there are no specific requirements regarding minimum or maximum trading days, allowing for more flexibility.

Additionally, the instant funding program includes a scaling plan, offering further growth opportunities. This aspect distinguishes CTI from other leading prop firms, as they also have no specific minimum or maximum trading day requirements.

Moreover, CTI goes beyond the conventional by introducing a fourth funding program known as the direct funding program. With this program, traders can start earning right from day one, receiving weekly payouts thereafter. The key rules to bear in mind are the 5% maximum loss limit and the mandatory stop-loss rule.

Similar to the other funding programs, the direct funding program accounts also feature a scaling plan, enabling traders to expand their opportunities. Once again, CTI stands out among industry-leading prop firms by not imposing minimum or maximum trading day requirements.

In summary, CTI differentiates itself by offering three distinct funding programs and straightforward rules that appeal to traders. The flexibility to trade during news events, hold positions overnight, and even trade over weekends (excluding day trading programs) makes CTI an appealing choice for traders seeking greater freedom in their trading activities.

Is getting City Traders Imperium capital realistic?

When evaluating prop firms that align with your forex trading style, it is crucial to assess the realism of their trading requirements. While a company may offer a high percentage profit split on a well-funded account, it is essential to consider if their expectations for monthly gains are achievable and if the maximum drawdown limits are reasonable. Without realistic requirements, your chances of success may diminish significantly.

CTI's day trading programs offer a realistic path to receive capital as they set average profit targets (10% in phase one and 5% in phase two) and implement moderate maximum loss rules (4% maximum daily and 10% maximum overall loss). These parameters make it more attainable to meet the evaluation criteria and secure funding.

The instant funding programs provide another realistic avenue to receive capital since they follow a one-step evaluation process with straightforward rules. Traders are required to achieve a profit target of 9% within an unlimited time period before transitioning to earning on a weekly basis. This flexibility and clarity in the evaluation process contribute to a more realistic approach.

Similarly, the direct funding program offers a realistic path to receive capital as it eliminates the evaluation phases. Traders can start earning from the beginning without specific profit targets to meet, while still being able to request withdrawals on a weekly basis. This straightforward structure makes it more attainable to receive funding.

Considering these factors, CTI emerges as an excellent choice for funding, offering three different funding programs with realistic trading objectives and payout conditions on a weekly basis. By selecting a program that aligns with your trading style and abilities, you enhance your chances of success and growth in the forex market.

Payout proof

CTI, established on July 13, 2018, allows traders to request weekly withdrawals across all of their funding programs. Please allow up to seven days to receive your withdrawal payment.

You have three options regarding your withdrawal:

1. Withdraw the entire amount.
2. Withdraw a partial amount.
3. Keep the funds as an additional buffer against drawdown.

Keep in mind that withdrawals will initially be refunded to the original payment source (e.g., debit/credit card). Once the withdrawal amount surpasses the payment amount, you can request withdrawals using the following methods:

• PayPal
• Transferwise
• Revolut
• Cryptocurrency

To see evidence of payments from CTI, you can visit their YouTube channel, where they conduct interviews with their funded traders. Additionally, on their Discord channel, you can access the payout-proof section, which includes certificates awarded to individuals who have succeeded in the Evaluation or Portfolio Manager processes.

Which brokers does City Traders Imperium use?

CTI operates differently from traditional brokers as they are partnered with a Liquidity Provider, granting them Direct Market Access. This arrangement ensures that the spreads offered by CTI are exceptionally low, typically ranging from 0 to 0.2 pips on major currency pairs and slightly higher on minor pairs.

Additionally, CTI applies a fixed fee of $9 per lot per trade, meaning the total trading cost per trade amounts to approximately one pip. Alongside competitive pricing, CTI boasts exceptional execution speed.

Regarding trading platforms, CTI supports trading on MetaTrader 5, a widely used and reliable platform for forex trading.

Trading instruments

Trading fees

Spreads

To access real-time spread information, please log in to the trading account provided below:

Traders’ comments about City Traders Imperium

Summary

CTI stands out as a legitimate proprietary trading firm, providing traders with the flexibility to choose from three distinct funding programs: Day trading (two-step), instant funding (one-step), and direct funding programs.

The day trading programs follow a common industry structure, consisting of a two-phase evaluation process. Traders must successfully complete both phases to become funded and qualify for weekly profit splits. CTI sets realistic profit targets of 10% in phase one and 5% in phase two, aligning with reasonable trading objectives. To ensure risk management, traders must adhere to a maximum daily loss of 4% and a maximum overall loss of 10%. Day trading programs offer the potential to earn profit splits of up to 100% and allow for account scaling.

For those opting for the standard programs, multiple account sizes are available. The one-step evaluation requires achieving a profit target of 9% within an unlimited timeframe before starting to earn weekly profit splits. Instant funding programs provide profit splits starting at 50% and can be increased to 100% through account scaling, based on performance.

Direct funding programs offer traders the advantage of bypassing the evaluation phase and immediately trading a funded account. Time limitations are removed, and traders are solely required to adhere to specific rules, including a maximum loss limit, mandatory stop-loss, stop-loss risk per position, third-party copy trading risk, and third-party EA risk. Direct funding programs offer profit splits starting at 70% and can be increased up to 100% through account scaling.

Overall, CTI is recommended for traders seeking a reputable prop firm with clear and straightforward trading rules. They have established themselves as a prominent proprietary trading firm, providing favorable conditions for a diverse range of traders with unique trading styles. Taking everything into account, CTI stands out as one of the leading firms in the industry.