Advantages and disadvantages
Advantage
- Excellent Trustpilot rating of 4.7/5
- Three unique sponsorship programs
- Try it for free
- Dashboard for professional traders
- A large variety of trading instruments (Forex pairs, commodities, indices, cryptocurrencies)
- There is no maximum trading time
- There is no minimum trading day requirement (Except for the two-step program)
- There is no maximum daily withdrawal for one-step and zero-rated programs
- Scale expansion plan
- Profit sharing 50% to 100% (Depending on the challenge)
- Monthly salary for all sponsored programs (Through scaling)
- Overnight & weekend holding allowed
- News trading is allowed
- Withdraw funds based on balance
- News trading is allowed
Disadvantages
- Low leverage up to 1:33 for all funding programs
- Forced stop loss for one-step and non-evaluating programs
- Minimum trading days required with two-step program
- High price for unrated program
I.Prop firm information
What is City Traders Imperium?
City Traders Imperium (CTI) is a limited company registered in England and Wales, established in 2018.
CTI's field of activity is to train people to trade in financial markets and finance capital.
The CTI capital funding program allows you to manage up to 2 accounts, the maximum amount per account is $2 million, the total amount you are allowed to manage at CTI is $4 million.
City Traders Imperium is headquarters are located at Dubai Silicon Oasis, DDP, A2 Building, Dubai, United Arab Emirates
Who is the CEO of City Traders Imperium?
Contact Info
Website: https://www.citytradersimperium.com/
Email: ctisupport@citytradersimperium.com
Address: 152-160 Kemp House, City Rd, EC1V 2NX, London, UK
II.Prop firm products
Currently, CTI offers 3 fund products:
– 2-Step Account (Challenge)
– 1-Step Account (Instant)
– No-Evaluation Account (Direct)
Now let's explore these types of accounts in detail.
1.2-Step Account
This account is similar to the FTMO fund account. To receive a funding account, you need to pass 2 rounds of challenges.
a. Evaluation phase
During the evaluation phase, you need to pass 2 rounds of challenges with the following requirements:
Round 1 (Phase 1)
– Profit target is 10%.
– Minimum trading days are 5 days.
– No time limit.
– Daily drawdown limit is 5%.
– Maximum account drawdown limit is 10%.
Round 2 (Phase 2)
– Profit target is 5%.
– Minimum trading days are 5 days.
– No time limit.
– Daily drawdown limit is 5%.
– Maximum account drawdown limit is 10%
How does City Traders Imperium differ from other support companies?
City Traders Imperium 2-Step Account
Example of comparison between City Trader Imperium & E8 Funding
Example of comparison between City Traders Imperium & FundedNext
Trading rules
You are allowed to hold overnight, weekly, news trades and are required to set stop losses on all trades.
The account leverage is 1:33.
b. Funding phase
In the funding stage, there will be no profit target or time limit. You need to remember two important rules:
– Daily drawdown limit is 5%.
– Maximum account drawdown limit is 10%.
You will receive 80% of the profits you generate on the funded account.
For each size of 2-Step funding account, there will be different levels of expansion. In general, to expand your capital, you only need to grow your account by 10%.
Note: The expansion policy only applies to funding accounts
Withdrawal policy
- First withdrawal.
You can request your first withdrawal if you meet one of the following conditions:
– Complete 10 trading days on the funded account.
– Account growth of at least 10%.
If your profit is less than 10% after 10 trading days, you are eligible to withdraw at any time.
However, you need to achieve a minimum profit of 4% of the account.
For example: For a $100,000 account, you need to achieve a minimum profit of $4,000 (4%).
- 2nd withdrawal onwards.
After the first withdrawal, you can request a further withdrawal during the last 5 days of each calendar month or when you reach 10% growth.
- Withdrawal conditions every 2 weeks.
After reaching LV2, you are immediately eligible to withdraw money every 2 weeks.
- Withdrawal conditions: once a week.
After reaching LV3, you are immediately eligible to withdraw money once a week.
When you are eligible for weekly withdrawals, you can submit a request every Friday.
Withdrawal method
Before submitting a withdrawal request, you need to close all trades. CTI will process your profit payout and provide you with a new account.
As per general policy, your withdrawal will be processed as a refund to the original payment method you used to pay the CTI fees.
When the amount exceeds the participation fee, CTI will process your payment via:
– Paypal.
– Bank Transfer.
– Crypto (USDT – TRX network).
Monthly Salary Policy
You are eligible for a monthly salary when you meet the following conditions:
Demonstrate a profitable performance for at least 6 months.
Maintain an average profit of 2% per month over 6 months.
Maintain a Return/Drawdown ratio of 3.
You need to understand the third condition as follows: for example, if the largest recorded account drawdown is 5%, you need to achieve a minimum profit of 15% (5% * 3). The larger your account drawdown, the higher the growth you need to meet this condition.
Frequently asked questions with 2-Step accounts
How many 2-Step accounts can I have?
There is no 2-Step review account limit, funding account limit is 2, maximum capital is $200,000.
Can I merge accounts?
Yes, you can merge accounts at the funding stage.
What happens when my account violates the rules?
Whenever an account violates the rules, your account will be terminated.
What is a trading day?
A trading day is a day when you open a new trade. So if you open 5 trades in a day, it's still just one trading day.
Likewise, if you hold a trade for 3 days, it's still just one trading day
2.1-Step Account
Unlike 2-Step accounts, 1-Step accounts in the evaluation phase only have 1 challenge round.
Evaluation is the evaluation account size, Funded is the funding account size, you will get a funding account 4 times the size of the evaluation account.
Note: Fees will not be refunded.
1-Step account funding process
a. Evaluation phase (Phase 1)
The requirements for a challenge round are as follows:
– Profit target is 10%.
– No time limit.
– No minimum trading days required.
– Maximum account drawdown limit is 6%.
– Leverage is 1:10.
– Profit sharing is 50%
b. Funding phase
Having passed the evaluation phase, you will enter the funding phase.
There will be no time limit or mandatory profit target during this period.
You need to remember that the account decline limit is always 6%.
In particular, the funding account will increase 4 times compared to the initial evaluation account size.
The profit sharing level is increased from 60% - 100%.
Details the specific expansion process for each account size you view here
Withdrawal policy
– LV1
The first withdrawal requires you to complete 10 trading days and reach 5% profit, subsequent withdrawals you can request in the last 5 days of the month.
– LV2 và LV3
You can request to withdraw money 2 times a month at the following 2 times: the 10th to 15th and the 25th to the 30th of the month.
– LV4
You can withdraw money weekly.
Withdrawal method
Similar to 2-Step account
Monthly Salary Policy
Similar to 2-Step account.
3.No-Evaluation Account
No-Evaluation account, you pay a higher fee to avoid having to go through the evaluation period.
With a No-Evaluation account, you get instant funding
– No time limit or minimum trading days
– Profit target is 10%
– Daily decline limit is 5%
– Account decline limit is 6%.
– Profit sharing Up to 100%
– Leverage 1:33
Details of the expansion process for No-Evaluation account sizes can be found here
4. Proof of payment (payouts)
You can see examples of Payment Certificate and Proof of Payment in the images below
III. Frequently asked general questions
What documents do I need to provide for KYC?
KYC documents include:
1. Identity verification documents: Passport, Driver's License or Citizen Identification Card.
2. Address verification documents: Utility bills (electricity, water, internet bills...) or Bank statements, address verification documents need to be issued within 3 months.
Note: CTI requires you to KYC immediately after completing the fee payment. Once the KYC is successful, you will receive an account. You only need to do KYC once.
Do I have to set a stop loss?
Yes, you must use a stop loss order for every trade within 1 minute. Otherwise CTI's system will automatically close transactions without setting stop loss within 1 minute.
Note: Any trade without a stop loss will not be counted if there is a profit.
Am I allowed to hold trades overnight or weekly?
Yes, you are allowed.
Am I allowed to trade news?
Yes, you are allowed to trade news.
Tôi có được phép sao chép giao dịch không?Am I allowed to copy trades?
CTI encourages Traders to trade independently, copy trading is only allowed if you copy from your personal trading account to CTI's account or vice versa.
If you use a signal service from a 3rd party for copying, your account will be terminated.
Am I allowed to trade Martingale?
No, you are not allowed to trade Martingale.
Can I use EA for trading?
You can trade using an EA if it is developed by you, or you can buy an EA that ensures it is for personal use only.
EAs purchased online will not be accepted, as it can be used by multiple Traders at the same time, which violates the same trading policy on multiple accounts.
EA trading activities of 1 individual on multiple accounts, multiple individuals on multiple accounts, and group trading are prohibited.
Additionally, CTI prohibits:
High-Frequency Trading
Ultra-Fast Scalping
Latency Arbitrage Trading
Any Tick Scalping Strategies
Copy Trading of other person signals
Reverse Arbitrage Trading
Hedge Arbitrage Trading.
Can I use VPS?
Yes, you can use VPS.
Leverage used?
1-Step, No-Evaluation account leverage is 1:10.
2-Step account leverage is 1:33.
Note: Starting from LV4, the 1-Step account will have a leverage of 1:33.
What trading platforms does CTI offer?
Currently, CTI provides the MT5 trading platform on Window and MaxOS operating systems.
How long has the account been inactive?
After receiving your account, you have up to 30 days without any trading activity. After 30 days, the account will be suspended.
In case of more than 30 days of inactivity, you need to notify CTI via email: funding@citytradersimperium that you need a break and they will suspend your account until you are ready to start trading again. again.
To upgrade 1-Step & No-Evaluation account capital, in addition to achieving the 10% profit target, does CTI have any other requirements?
CTI wants you to trade at your own pace and without any restrictions.
They do not require a minimum number of trading days or a maximum time limit to generate 10% profit.
Whenever, you reach 10% profit, you should close all your trades, CTI will pay you profit share and upgrade your account to the next level.
Can I get a refund immediately after registration?
You are allowed to request a refund within 14 days from the date of registration, provided that you have not made any transactions on the account that CTI provided you.
What happens after I sign up?
Once registered, you will receive an email with your login details almost immediately through CTI's automated mailing system.
If you haven't received your account login information in 5 minutes, please carefully check your junk folder.
In what ways can I pay CTI's registration fee?
You can choose from the following 3 main methods:
- Credit/Debit Card.
- CTI Wallet
- Crypto (BTC, ETH, USDT).
Which broker does City Traders Imperium use?
City Traders Imperium do not trade with any popular broker brands. They partner with a tier 1 liquidity provider that has the best simulated real market trading conditions.
As for the trading platform, when you work with City Traders Imperium , they allow you to trade on MetaTrader 5
What products am I allowed to trade?
Transaction fees
Reviews On Trustpilot
Social media statistics
City Traders Imperium can also be found on many social media platforms
IV.Account registration process
Choose your account – Choose your account type.
Conclude
In summary, City Traders Imperium is a reputable and trustworthy funding company that offers traders the opportunity to choose between three funding programs:
1.2-Step Challenge account :- Process: Complete two stages before qualifying to manage a funded account.
- Profit target: 10% in phase one, 5% in phase two.
- Risk rules: Maximum loss 5% daily and 10% total.
- Time limit: 5 trading days maximum
- Profit sharing: 80% to 100%.
- Benefits: Scale expansion plan, increase initial account balance
- Process: Complete a pre-qualification stage to manage a funded account.
- Profit target: 10%
- Risk rule: Maximum loss 6% total.
- Time limit: No maximum trading day required
- Profit sharing: 60% to 100%
- Benefits: Scale expansion plan, increase initial account balance
- Process: No assessment required, instant funding.
- Profit target: 10%
- Risk rule: Maximum loss 5% daily and 6% total.
- Time limit: No maximum trading day required
- Profit sharing: 100%.
- Benefits: Scale expansion plan, increase initial account balance
Outstanding features of City Traders Imperium:
- Unlimited trading time.
- No minimum trading days required.
- Withdraw funds based on balance.
- There is no evaluation phase (No-Evaluation Direct).
Let us know if you enjoyed our detailed City Traders Impreium review by joining the group below!
What is your personal opinion about City Traders Impreium and the services they provide? Do they suit the trading conditions and services you are looking for?
CONTACT US
If you have any questions or concerns, please contact us via the following information:
- Email address: propfirmchannel@gmail.com
- Điện thoại: +84925.012.777 - +8429.9999.3333
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