City Traders Imperium Review
The global foreign exchange market has an average daily turnover of over $6.6 trillion, which makes it the largest financial market globally.
Finding a reputable forex trading firm as a financial trader looking to succeed in this competitive industry is essential.
City Traders Imperium is a proprietary trading company that offers funded trading plans and education for aspiring traders.
Over the years, City Traders Imperium has gained traction as a proprietary trading company by offering beneficial plans and a sheer amount of educational resources for forex traders.
The company dedicates its resources to providing traders with funded accounts with profit share benefits. All you need to do is pass their evaluation phase and consistently stay within trading requirements.
In this City Traders Imperium review, we will break down the platform’s interesting approach to providing funding for forex traders. We’ll discuss the company’s features, fees, pros, cons, and what to expect in the grand scheme.
Who is City Traders Imperium?
Founded by Daniel Martin and Martin Najat in 2018, City Traders Imperium is a London-based prop firm that provides realistic solutions and achievable options for traders.
Upon realizing that most U.K based prop firms were offering false realities, the founders decided to move in and offer legitimate funding options alongside proper education.
Like most prop firms, the basis of their operation is to offer a scalable evaluation account based on the profit target a trader meets.
Forex traders can have up to five evolution accounts that open up their opportunity for rewards.
Features of City Traders Imperium
City Traders Imperium has one of the cheapest registration fees in the industry, but one of the key features that make the company stand out is how traders are given the luxury to trade at their own pace.
Traders have a time limit of up to one year, the longest period we have observed in the industry. There are instances when Forex traders need time away from trading to handle other things. CTI can easily help arrange that while your contract still stays on.
However, when a trader doesn’t meet their profit target within a year, they would terminate the account.
A well-thought-out feature that endears trading enthusiasts to CTI is the robust education program that runs concurrently with its funding models. The company provides an STT strategy, a corrective strategy, and a mastermind program.
Another feature that sets CTI apart from other prop firms is that rather than offer a few blog posts and news updates on NFP that have actual educational content that can increase your profitability.
Most of the courses are very comprehensive, with lots of positive feedback from traders that have used the information offered to make a profit.
Pricing and Plans
City Traders Imperium offers well-labelled packages of five different sizes for traders with the opportunity to scale up to $4,000,000.
$70,000 FOREX-FUNDED ACCOUNT
- Evaluation Account Size: $17,500
- Evaluation Pass Requirement
- Profit Target: $1,225
- Max Loss: 5% Relative Drawdown
- Stop Loss Required
- £649 One-Time Payment
$50,000 FOREX-FUNDED ACCOUNT
- Evaluation Account Size: $17,500
- Evaluation Pass Requirement
- Profit Target: $1,225
- Max Loss: 5% Relative Drawdown
- Stop Loss Required
- £649 One-Time Payment
$40,000 FOREX-FUNDED ACCOUNT
- Evaluation Account Size: $10,000
- Evaluation Pass Requirement
- Profit Target: $700
- Max Loss: 5% Relative Drawdown
- Stop Loss Required
- £379 One-Time Payment
$20,000 FOREX-FUNDED ACCOUNT
- Evaluation Account Size: $5,000
- Evaluation Pass Requirement
- Profit Target: $350
- Max Loss: 5% Relative Drawdown
- Stop Loss Required
- £199 One-Time Payment
$10,000 FOREX-FUNDED ACCOUNT
- Evaluation Account Size $2,500
- Evaluation Pass Requirement
- Profit Target: $175
- Max Loss: 5% Relative Drawdown
- Stop Loss Required
- £199 One-Time Payment
City Traders Imperium has a required 30-day minimum trading period for traders to pass the evaluation process. However, the company does not consider all calendar days trading days, so traders can still maintain a position for four days and have it counted as just a single trading day.
The idea is for traders to trade consistently throughout the evaluation and not gamble.
How Does City Traders Imperium Compare?
For all of CTI’s sumptuous offers, the rules surrounding their evaluation could be better. For example, some firms offer no minimum trading day rule on their instant packages.
The likes of FTMO, for example, have an evaluation phase of 20 trading days, which is very comfortable for a Forex trader’s progress. Day traders, swing traders, and position traders have the chance to get a good level of funding.
Other CTI alternatives include 1000pip Climber System, which offers advanced algorithms for predicting and analyzing various currency pairs.
Forex Trendy also gets an honorable mention for its accurate automated analysis capabilities, plus they offer just one membership package without traders having plan differences.
Is City Traders Imperium Worth Investing in?
City Traders Imperium is a proprietary trading company that offers aspiring traders and veterans an opportunity to invest in the growing market.
The company is one of the few trading firms to offer educational services for aspiring traders who need help with their investing education.
City Traders Imperium also offers brokers an opportunity to test out their skills. At the same time, they build their trading portfolio at minimal risk, either directly or through one of their managed accounts.
To get a funded account click here and start your journey as a Funded Trader.
