REVIEW
City Trader Imperium
City Traders Imperium: Master the Markets and Build Your Wealth”
“CTI: Empowering Traders for 40 Years | Trade Multiple Assets with Confidence | Unlock Financial Freedom with our Funding Programs”
With over four decades of amassed knowledge and experience, CTI is well-positioned to afford adept traders the opportunity to partake in multi-asset trading and leverage reliable solutions. The company is steadfast in its dedication to guiding clients toward financial independence, a goal achievable through participation in any of its three offered funding programs.
Founded with the vision of establishing a preeminent trading organization, City Traders Imperium (CTI) swiftly refocused to prioritize its core mission. At its essence, CTI’s mission revolves around empowering traders to achieve personal freedom and fulfillment.
CTI actively promotes the pursuit of financial independence among its traders, irrespective of their diverse backgrounds or origins. The key prerequisite for potential clients is a demonstration of discipline and a commitment to long-term consistency. CTI provides them with the opportunity to generate substantial profits by overseeing funds of up to $4,000,000, enabling them to earn profit shares of up to 100%. This is accomplished through trading activities encompassing Forex pairs, gold, and indices.
Who are them?
CTI, an acronym for City Traders Imperium, a London-based firm specializing in proprietary trading services within the UK, offers a diverse array of programs, including day trading, instant funding, and direct funding. The streamlined evaluation process characterizes the instant funding program, whereas the direct funding option enables traders to commence earning without undergoing evaluation. In contrast, the day trading funding program entails a two-step evaluation process. Each funding program incorporates distinct scaling plans, facilitating traders’ access to up to $2,000,000 in capital per account. CTI facilitates trading on the MetaTrader 5 platform through a third-party program functioning as the broker.
As confirmed by Companies House records, City Traders Imperium is a registered UK company based in London. Its official incorporation date is July 13, 2018, by Daniel Bautista.
Concerning the leadership of City Traders Imperium, the co-founders are Daniel Martin and Martin Najat.
Daniel Martin, one of the co-founders, brings over two decades of trading experience to the forefront. He has assisted a diverse spectrum of traders in attaining consistent profitability by concentrating on refining their trading psychology and methodologies. Instead of retiring post-financial success, Martin has committed himself to a new objective of establishing a global network of profitable traders.
Conversely, Martin Najat serves as the second co-founder of City Traders Imperium. Transitioning from a successful career as a Smart Money Concepts trader, he shifted into full-time trading, honing his trading psychology under Daniel Martin’s guidance. His primary mission in establishing City Traders Imperium was to support undercapitalized traders lacking the funds necessary to transform their lives. Before this venture, while employed as an investment analyst in London, Najat recognized his desire to engage in activities beyond trading. Currently, he actively manages City Traders Imperium and contributes to building a robust team of profitable traders.
Those interested in staying abreast of Martin Najat’s activities can follow him on Instagram and LinkedIn to access his regular updates and insights.
Funding Option
CTI provides traders with a selection of three distinct programs:
- 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 is designed to acknowledge and reward proficient and committed traders based on their performance over a comprehensive two-phase assessment period. Participants in this program are granted the opportunity to employ a leverage ratio of 1:33.
During the initial evaluation stage, traders must achieve a 10% profit target while not exceeding the maximum daily loss of 4% or the 10% maximum loss restriction. This objective should be met within 45 calendar days from the commencement of trading activities in the evaluation account. Additionally, a minimum of five trading days must be completed to progress to the second phase.
In the subsequent evaluation phase, traders are required to attain a 5% profit target while adhering to the same maximum daily loss and maximum loss criteria. This goal must be achieved within 45 calendar days from the initiation of trades in the evaluation account. Similar to phase one, a minimum of five trading days is necessary to become eligible for a funded account.
Successful completion of both evaluation phases results in the allocation of a funded account. In the funded account, there are no specific profit targets to be met. Traders are solely required to adhere to the 4% maximum daily loss and 10% maximum loss regulations. Initially, traders are entitled to an 80% profit share on the initial 10% of profits. Upon qualification for the growth plan, the profit share escalates to 90% for a tier 1 growth plan and can potentially rise to 100% for a tier 2 growth plan. Additionally, funded traders become eligible for monthly salary bonuses, ranging from $100 to $1,000, contingent upon the size of the account they are trading.
The day trading funding program also includes a scaling plan. To be eligible for an account size increase, traders must achieve a profit target of 10% or higher within a four-month period, with at least two of those months yielding profits. Furthermore, traders must have executed at least two withdrawals and maintained a positive account balance at the conclusion of the fourth month. Successful traders will receive an account increase equivalent to 30% of the original account balance.
Example:
After 4 months: If you have a $50,000 account, your account balance will increase to $65,000.
After the next 4 months: Balance of $65,000 increases to $80,000.
After the next 4 months: Balance of $80,000 increases to $95,000.
And so on…
Trading instruments for the day trading funding program accounts include forex pairs, commodities, and indices.
Day trading funding program account rules:
The profit target signifies a specific percentage of profit that traders must achieve before concluding an evaluation phase, withdrawing profits, or expanding their accounts. In Phase 1, the profit target is set at 10%, while Phase 2 requires a profit target of 5%. Funded accounts do not have profit targets.
The maximum daily loss represents the highest allowable loss a trader can incur in a single day without violating the account rules. For all account sizes, the maximum daily loss is limited to 4%.
Maximum loss denotes the upper limit on the overall loss that a trader can experience before violating the account rules. Across all account sizes, the maximum loss is capped at 10%.
Minimum trading days refer to the minimum duration for which traders must engage in trading before completing an evaluation phase or requesting a withdrawal. Both phases require a minimum of five trading days.
Maximum trading days represent the maximum duration within which traders must achieve a specific profit target or withdrawal objective. Both phases have a maximum trading period of 45 days.
The “no weekend holding” policy prohibits traders from maintaining open positions during weekends.
Third-party copy trading risk implies that when utilizing copy trading services, it is important to be aware that other traders may already be using the same trading strategy through the third-party service. By employing a third-party copy trading service, there is a potential risk of being denied a funded account or withdrawal if the maximum capital allocation rule is exceeded.
Third-party EA risk signifies that when using an Expert Advisor (EA) developed by a third party, it is important to recognize that other traders may already be employing the same trading strategy through the same EA. By using a third-party EA, there is a potential risk of being denied a funded account or withdrawal if the maximum capital allocation rule is surpassed.
Instant funding program accounts (One-step Challenge)
CTI’s standard evaluation funding program offers traders a flexible solution to meet their evaluation requirements. Traders can leverage a ratio of 1:10 without time constraints. Throughout the evaluation phase, traders aim to achieve a 9% profit target while ensuring losses remain below the maximum threshold of 5%. There is no fixed deadline for completing this phase, and traders must employ stop-loss orders for all opened positions.
Upon successful completion of the evaluation phase, traders receive a funded account without profit targets. The primary requirement is adherence to the 5% maximum loss rule and the implementation of stop-loss orders for all positions. Payouts can be requested weekly, and it is important to note that withdrawals do not impact account growth and do not require compensation for distributed profits. Profit splits awarded can range from 50% to 100% based on the trader’s earnings.
The Instant Funding Program features a scaling plan outlined in the provided spreadsheet. To qualify for scaling your account, the sole requirement is to achieve a 10% profit target. Once this target is met, you become eligible to scale your account. An additional advantage is that withdrawing funds from your account does not hinder its ability to scale up. Your account becomes eligible for scaling as soon as cumulative profits reach the designated 10% profit target.
Example:
The profit target for this account type is 10%.
Week 1: You gain 4.2% and withdraw your profits.
Week 2: You gain 5.8% and withdraw your profits.
Your total profits have reached 10%, making you eligible for a scale-up since you have reached the 10% profit target.
Trading instruments for the instant funding program account include forex pairs, commodities, and indices.
Instant funding program account rules (One-step Challenge):
The profit target is a specified percentage of profit that must be achieved by a trader before successfully completing an evaluation phase, withdrawing profits, or expanding their account. The profit target during the evaluation phase is set at 9%.
The maximum loss is the highest allowable loss before an account is deemed invalid, standing at 5% regardless of the account size.
Traders must set a stop-loss on each position before initiating a trade, as it is a mandatory requirement.
When considering the use of copy trading services provided by third parties, it is essential to acknowledge the associated risk. Such services may involve other traders employing identical trading strategies, potentially resulting in the rejection of a funded account or withdrawal if the maximum capital allocation rule is exceeded.
Likewise, using a third-party Expert Advisor (EA) carries a similar risk. It should be noted that other traders may already be using the same trading strategy via the third-party EA, potentially resulting in the denial of a funded account or withdrawal if the maximum capital allocation rule is surpassed.
Direct funding program accounts
The direct funding program accounts incorporate a scaling strategy detailed in the provided spreadsheet. The sole criterion for qualifying for account scaling is achieving a 10% profit. Attaining this profit target renders your account eligible for scaling. Notably, weekly withdrawals do not impede the scaling progress of your account. Eligibility for scaling is granted once your cumulative profits reach the 10% profit target.
Example:
The profit target for this account type is 10%.
Week 1: A 4.2% gain with profit withdrawal.
Week 2: A 5.8% gain with profit withdrawal.
Cumulative profits reaching 10% render your account eligible for scaling.
Forex pairs, commodities, and indices serve as the trading instruments for the direct funding program account.
Direct funding program account regulations
The maximum allowable loss denotes the upper threshold of losses a trader can incur before their account violates the set limit. This maximum loss is uniformly established at 5% for all account sizes.
Mandatory inclusion of stop-loss orders necessitates traders to define a predetermined exit point for each position before initiating a trade.
When contemplating the use of third-party copy trading services, it is imperative to recognize the potential risks associated with adopting a trading strategy already employed by others. Engaging in third-party copy trading may result in denial of a funded account or withdrawal if the maximum capital allocation rule is exceeded.
Careful consideration is warranted when utilizing a third-party Expert Advisor (EA), as it carries the risk of employing a trading strategy already in use by other traders. Opting for a third-party EA may lead to the denial of a funded account or withdrawal if the maximum capital allocation rule is surpassed.
What's makes it different from other prop firm?
CTI sets itself apart from other industry-leading firms through its unique trio of funding programs: day trading, instant funding (one-step), and direct funding programs. Moreover, CTI stands out for its minimal trading style restrictions, permitting traders to engage in activities such as trading during news events, holding positions overnight, and even trading on weekends (with the exception of day trading programs).
The CTI day trading program involves a two-phase evaluation process, requiring traders to successfully complete both phases to qualify for weekly payouts. Phase one involves achieving a 10% profit target, while phase two mandates a 5% profit target. Additionally, this program imposes a maximum daily loss of 4% and an overall loss limit of 10%. Traders must also participate in a minimum of five days within each phase before becoming eligible for funding. Notably, the day trading programs incorporate a scaling plan. In comparison to other notable proprietary firms in the industry, CTI’s profit targets and minimum trading day requirements are considered standard.
Compared to other proprietary firms, CTI distinguishes itself with its instant funding programs, providing a streamlined process for selecting account sizes and progressing through phases to qualify for weekly payouts. The evaluation program establishes a profit target of 9% while imposing a maximum loss limit of 5% and enforcing a mandatory stop-loss rule. Importantly, there are no constraints on the number of trading days, either minimum or maximum. Additionally, CTI’s instant funding program includes a scaling plan, setting it apart from other prominent firms in the industry that lack trading day restrictions.
Furthermore, CTI sets itself apart by offering a fourth funding program, the direct funding program, allowing traders to start earning from day one and receive weekly payouts thereafter. This program centers around adhering to a 5% maximum loss limit and following the mandatory stop-loss rule. Similar to the instant funding program, direct funding program accounts also incorporate a scaling plan. Moreover, in contrast to other leading proprietary firms, there are no minimum or maximum requirements for the number of trading days.
In summary, CTI’s distinctive three funding programs, accompanied by clear-cut rules, differentiate it from other prominent proprietary firms, making it an attractive choice for traders. Notably, traders can engage in various trading activities, including trading during news events, holding positions overnight, and trading on weekends (excluding day trading programs).
Is getting capital real?
Evaluating the viability of trading requirements is a pivotal undertaking when assessing proprietary firms aligning with your forex trading preferences. Although an enterprise offering a substantial profit split on a well-capitalized account may appear enticing, if they anticipate significant monthly gains coupled with minimal drawdowns, the prospect of success diminishes considerably.
Securing capital through day trading programs can be deemed pragmatic owing to their moderate profit targets (10% in phase one and 5% in phase two) and judicious maximum loss thresholds (4% daily and 10% maximum loss). Attaining capital through instant funding programs is also feasible, involving a straightforward assessment process with clearly defined rules. The evaluation account necessitates reaching a 9% profit target within an indeterminate timeframe before transitioning to weekly earnings.
Likewise, obtaining capital through the direct funding program is realistic due to the absence of evaluation phases, allowing for immediate earning potential. Additionally, there are no specific profit targets to meet, and weekly withdrawals can be requested. Taking into account these considerations, CTI stands out as a commendable choice for capital acquisition, presenting three distinct funding programs with realistic trading objectives and conditions for receiving weekly disbursements.
Regarding verification of payment, CTI, established on July 13, 2018, permits traders to submit weekly withdrawal requests across all its funding programs. It is crucial to note that the withdrawal processing period may extend up to seven days.
Concerning withdrawals, three alternatives are available:
- Withdraw the entire amount.
- Withdraw a partial amount.
- Retain the funds as an additional buffer against potential losses.
Initial withdrawals are reimbursed to the original payment source, such as a debit or credit card. Once the withdrawal amount surpasses the payment amount, multiple methods are accessible for withdrawals, including PayPal, TransferWise, Revolut, and cryptocurrency.
For substantiation of payment from CTI, individuals can refer to their YouTube channel, where interviews with funded traders are conducted. Additionally, the Discord channel features a payout-proof section showcasing certificates awarded to individuals successfully completing the Evaluation or Portfolio Manager processes.
which broker they use?
CTI operates independently, partnering directly with a Liquidity Provider to offer Direct Market Access. As a result, they maintain extremely tight spreads, typically averaging between 0 and 0.2 pips for major currency pairs and slightly higher spreads for minor pairs. Their fee structure consists of a fixed charge of $9 per lot per trade, which is evenly split between the entry and exit, resulting in an overall trading cost of approximately one pip per trade. Additionally, CTI excels in execution speed. When it comes to trading platforms, they support MetaTrader 5, giving users the opportunity to participate in trading activities.
Regarding the trading instruments, CTI offers Forex pairs and Gold for their Evaluation processes. For Portfolio manager accounts, you have the option to trade Forex pairs, Gold, and Indices.
Education and support fro traders
CTI operates autonomously, eliminating the necessity for a broker, and instead, engages in collaboration with a Liquidity Provider, facilitating Direct Market Access. Consequently, they maintain remarkably narrow spreads, typically averaging between 0 to 0.2 pips for major currency pairs and slightly higher for minor pairs. Their trading fee structure involves a fixed charge of $9 per lot per trade, evenly divided between entry and exit, resulting in an overall trading cost of approximately one pip per trade. Furthermore, CTI is renowned for its exceptional execution speed. Regarding trading platforms, they endorse MetaTrader 5, providing users with the opportunity to participate in trading activities.
CTI furnishes an extensive FAQ page containing valuable information to address any knowledge gaps. The support team is easily accessible through various channels, including social media platforms. For direct communication, you can contact them via email at ctisupport@citytradersimperium.com. Additionally, a convenient live chat feature is available, enabling you to send messages and promptly receive email responses. In the event of encountering any support or technical challenges, their Discord channel provides a dedicated Support channel for assistance.
Trader's comment about it
CTI receives outstanding reviews from its customers.
Trustpilot hosts a wide and active user community that consistently offers positive feedback, leading to an impressive score of 4.8 out of 5 based on 844 reviews. In contrast to many other companies, they not only address negative reviews but also respond to all reviews on the Trustpilot platform. Additionally, their dependable support team is always ready to provide you with the vital information you require.
Furthermore, they assist individuals by providing education and precise rules and guidelines that encourage customers to enhance their risk management practices.
Social media stats
CTI can also be found on social media.
They have a:
- Twitter account with 965 followers,
- Facebook page with 1,8k followers,
- Youtube channel with 4,88k subscribers and 190 uploaded videos,
- Instagram profile with 15,5k followers.
They also have a Discord channel with 7,924 members where you can follow all of their announcements, ask for help in their support channel, or just chat with the community about trading strategies.
Conclusion
In summary, CTI emerges as a distinguished proprietary trading entity, presenting traders with a selection of three distinct funding programs: Day Trading (two-step), Instant Funding (one-step), and Direct Funding programs.
The Day Trading programs entail a two-phase evaluation process, widely recognized within the industry. To secure funding and qualify for weekly profit splits, traders must successfully navigate both phases. CTI establishes attainable trading targets, allocating 10% for phase one and 5% for phase two, while accounting for a maximum daily loss of 4% and a mandated maximum loss limit of 10%. Through active participation in these Day Trading programs, traders have the potential to realize up to 100% profit splits and amplify their account portfolios.
For those inclined towards standard programs, a variety of account sizes is available. The one-step evaluation account mandates achieving a 9% profit target within an unrestricted timeframe before commencing weekly profit accrual. In the Instant Funding programs, traders can secure 50% profit splits, with the prospect of escalation to 100% contingent upon the expansion of their account balances.
The Direct Funding programs afford traders the opportunity to bypass the evaluation period and promptly engage in trading funded accounts, yielding weekly profit splits. These programs are devoid of time constraints, with adherence to specific regulations such as maximum loss limits, requisite stop-loss, stop-loss risk per position, and the considerations associated with third-party copy trading and third-party EA usage. Through participation in Direct Funding programs, traders can realize 70% profit splits, potentially augmenting to 100% through strategic scaling of their account balances.
I earnestly endorse CTI to individuals in search of a proprietary firm distinguished by lucid and transparent trading regulations. They have positioned themselves as a prominent entity in the proprietary trading landscape, extending favorable conditions to a diverse spectrum of traders with varying styles. Taking into account the comprehensive offerings of CTI, they undeniably stand as one of the preeminent proprietary trading firms in the industry.