Review
City Traders 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 a wealth of knowledge and experience accumulated over four decades, CTI is well-equipped to provide proficient traders with the chance to engage in multi-asset trading and leverage dependable solutions. The company is committed to guiding its clients on the path to financial independence, a goal that can be achieved by participating in any of the three funding programs it offers.
Born from the vision of establishing a dominant trading organization, City Traders Imperium (CTI) rapidly evolved to focus on its primary mission. At its core, CTI’s mission centers on empowering traders to attain personal freedom and fulfillment in their lives.
CTI encourages the pursuit of financial independence among its traders, regardless of their diverse backgrounds or origins. Their primary requirement for potential clients is individuals with discipline and a commitment to long-term consistency. CTI provides them with the opportunity to generate significant profits by overseeing funds of up to $4,000,000, allowing them to earn profit shares of up to 100%. This is achieved through trading activities that involve Forex pairs, gold, and indices.
Who are City Traders Imperium
CTI, a London-based firm known as City Traders Imperium, specializes in providing proprietary trading services in the UK. The company offers a variety of programs, including day trading, instant funding, and direct funding. The instant funding program features a streamlined evaluation process, while the direct funding option allows traders to start earning without undergoing evaluation. On the other hand, the day trading funding program involves a two-step evaluation process. Each of these funding programs includes unique scaling plans that allow traders to access up to $2,000,000 in capital per account. CTI allows trading on the MetaTrader 5 platform through a third-party program acting as the broker.
City Traders Imperium is a registered UK company based in London, as confirmed by Companies House records. It was officially incorporated on July 13, 2018, by Daniel Bautista.
As for the leadership of City Traders Imperium, the co-founders of the company are Daniel Martin and Martin Najat.
Daniel Martin, one of the co-founders, brings over two decades of trading experience to the table. He has helped a diverse range of traders achieve consistent profitability by focusing on refining their trading psychology and methodologies. Rather than retiring after achieving financial success, Martin has dedicated himself to a new goal of establishing a global network of profitable traders.
On the other hand, Martin Najat serves as the second co-founder of City Traders Imperium. Transitioning from a successful career as a Smart Money Concepts trader, he moved into full-time trading, enhancing his trading psychology under the guidance of Daniel Martin. His primary mission in founding City Traders Imperium was to support undercapitalized traders who lacked the necessary funds to transform their lives. Prior to this, 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 strong team of profitable traders.
For those interested in keeping up with Martin Najat’s activities, they can follow him on Instagram and LinkedIn to access his regular updates and insights.
Funding Options
CTI offers traders three different programs to choose from:
- 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 structured to recognize and compensate skilled and dedicated traders according to their performance throughout a thorough two-phase assessment period. Participants in this program are granted the opportunity to utilize a leverage ratio of 1:33.
In the initial evaluation stage, traders are required to achieve a 10% profit target without surpassing the maximum daily loss of 4% or the 10% maximum loss restriction. This goal should be accomplished within 45 calendar days from the commencement of trading activities in the evaluation account. Moreover, a minimum of five trading days must be completed to progress to the second phase.
During the subsequent evaluation phase, traders must attain a 5% profit target while adhering to the same maximum daily loss and maximum loss criteria. This objective must be reached 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.
The successful fulfillment of both evaluation phases results in the granting 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 encompasses 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 next 4 months: Balance of $65,000 increases to $80,000.
After next 4 months: Balance of $80,000 increases to $95,000.
And so on…
Trading instruments for the day trading funding program accounts are forex pairs, commodities, and indices.
Day trading funding program account rules
The profit target refers to a specific percentage of profit that traders must achieve before they can conclude an evaluation phase, withdraw profits, or expand 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 provides traders with a flexible way to meet their evaluation requirements. Traders can utilize a leverage ratio of 1:10 without being restricted by any specific time frame. During the evaluation phase, traders are tasked with reaching a 9% profit target while ensuring that their losses stay below the maximum threshold of 5%. There’s no fixed deadline for completing this phase, and traders must employ stop-loss orders for all opened positions.
Upon successfully finishing the evaluation phase, traders receive a funded account that does not come with profit targets. The main requirement is to adhere to the 5% maximum loss rule and implement stop-loss orders for all positions. Payouts can be requested on a weekly basis, and it’s crucial to understand that withdrawals won’t affect the growth of the account and won’t require any compensation for distributed profits. The profit splits awarded can range from 50% to 100% depending on the trader’s earnings.
The Instant Funding Program features a scaling plan, which is detailed in the provided spreadsheet. To qualify for scaling your account, the only requirement is to achieve a 10% profit target. Once this target is met, you become eligible to scale your account. An additional advantage to consider is that withdrawing funds from your account won’t hinder its ability to scale up. Your account becomes eligible for scaling as soon as your 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% which makes you eligible for a scale-up since you have reached the 10% profit target.
Trading instruments for the instant funding program account are forex pairs, commodities, and indices.
Instant funding program account rules (One-step Challenge)
- The profit target represents a specified percentage of profit that must be achieved by a trader before they can successfully complete an evaluation phase, withdraw profits, or expand their account. During the evaluation phase, the profit target is set at 9%.
- The maximum loss refers to the highest allowable loss that a trader can incur before their account is deemed invalid. Regardless of the account size, the maximum loss limit stands at 5%.
- Traders are obligated to set a stop-loss on each position before initiating a trade, as it is a mandatory requirement.
- When considering the utilization of copy trading services provided by third parties, it is important to acknowledge the associated risk. Such services may involve other traders who employ identical trading strategies. Consequently, utilizing a third-party copy trading service may potentially result in the rejection of a funded account or withdrawal if the maximum capital allocation rule is exceeded.
- Likewise, employing 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. Consequently, if the maximum capital allocation rule is surpassed, utilizing a third-party EA may result in the denial of a funded account or withdrawal.
Direct funding program accounts
The direct funding program accounts also come with a scaling strategy, which can be found in the spreadsheet above. To qualify for scaling your account, the only condition is to attain a 10% profit. You become eligible for scaling once you reach this profit target. Another beneficial aspect to keep in mind is that making weekly withdrawals will not hinder the account’s scaling progress. Once your total profits reach the 10% profit target, your account becomes eligible for scaling.
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% which makes you eligible for a scale-up since you have reached the 10% profit target.
Trading instruments for the direct funding program account are forex pairs, commodities, and indices.
Direct funding program account rules
- The maximum allowable loss refers to the upper limit of losses that a trader can sustain before their account is considered in violation. For all account sizes, this maximum loss is set at 5%.
- The inclusion of stop-loss orders is mandatory for traders, necessitating the establishment of a predetermined exit point for every position before initiating a trade.
- When considering the utilization of copy trading services provided by third parties, it is crucial to acknowledge the potential risk associated with adopting a trading strategy that is already being employed by other traders. By engaging in third-party copy trading, there exists a possibility of being denied a funded account or withdrawal if the maximum capital allocation rule is surpassed.
- The use of a third-party Expert Advisor (EA) warrants careful consideration, as it carries the risk of deploying a trading strategy that is 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 exceeded.
What makes City Traders Imperium different
CTI distinguishes itself from other well-known firms in the industry through its unique trio of funding programs: day trading, instant funding (one-step), and direct funding programs. In addition, CTI stands out for its minimal trading style restrictions, allowing traders to participate 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 consists of a two-phase evaluation process, requiring traders to successfully complete both phases to qualify for weekly payouts. Phase one entails achieving a 10% profit target, while phase two mandates a 5% profit target. Additionally, this program enforces a maximum daily loss of 4% and an overall loss limit of 10%. Traders are also required to trade for a minimum of five days within each phase before becoming eligible for funding. It’s worth noting that the day trading programs also incorporate a scaling plan. Compared 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, offering a streamlined process for selecting account sizes and progressing through phases to qualify for weekly payouts. The evaluation program sets 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 realistic
Assessing the feasibility of trading requirements is a critical step when evaluating proprietary firms that match your forex trading style. While a company offering a high profit split on a well-funded account may seem appealing, if they expect substantial monthly gains with minimal drawdowns, the likelihood of success diminishes significantly.
Obtaining capital through day trading programs can be considered realistic due to their modest profit targets (10% in phase one and 5% in phase two) and reasonable maximum loss rules (4% daily and 10% maximum loss). Acquiring capital through instant funding programs is also feasible, as it involves a straightforward evaluation process with clear rules. The evaluation account requires achieving a 9% profit target within an unlimited timeframe before transitioning to weekly earnings.
Similarly, obtaining capital through the direct funding program is realistic because there are no evaluation phases, enabling immediate earning potential. Furthermore, there are no specific profit targets to meet, and you can request weekly withdrawals. Considering all these factors, CTI emerges as an excellent choice for obtaining funding, offering three distinct funding programs with realistic trading objectives and conditions for receiving weekly payouts.
Regarding payment proof, CTI, established on July 13, 2018, allows traders to make weekly withdrawal requests for all of its funding programs. It’s essential to note that withdrawal processing may take up to seven days.
When it comes to withdrawals, you have three options:
- Withdraw the entire amount.
- Withdraw a partial amount.
- Retain the funds as an additional buffer against potential losses.
Initial withdrawals are refunded to the original payment source, such as a debit or credit card. Once the withdrawal amount surpasses the payment amount, you can choose from the following methods for your withdrawals:
- PayPal
- TransferWise
- Revolut
- Cryptocurrency
For proof of payment from CTI, you can visit their YouTube channel, where they conduct interviews with funded traders. Additionally, on their Discord channel, you can find the payout-proof channel, showcasing certificates awarded to individuals who have successfully completed the Evaluation or Portfolio Manager processes.
Which brokers does CTI 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
CTI functions independently, without the need for a broker, and instead, it collaborates with a Liquidity Provider, allowing for Direct Market Access. As a result, they maintain exceptionally narrow spreads, typically averaging between 0 to 0.2 pips for major currency pairs and slightly higher for minor pairs. Their fee structure for trading involves a fixed charge of $9 per lot per trade, which is evenly divided between entry and exit, resulting in an overall trading cost of approximately one pip per trade. Additionally, CTI is known for its outstanding execution speed. When it comes to trading platforms, they support MetaTrader 5, offering users the opportunity to participate in trading activities.
CTI offers a comprehensive FAQ page that contains valuable information to address any gaps in your knowledge. The support team is easily accessible through various channels, including their social media platforms. For direct communication, you may reach out to them via email at ctisupport@citytradersimperium.com. Additionally, a convenient live chat feature is available, allowing you to send messages and receive prompt email responses. If you encounter any support or technical challenges, their Discord channel offers a dedicated Support channel for assistance.
Clients review
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
To summarize, CTI stands out as a respected proprietary trading company that provides traders with a choice of three distinct funding programs: Day trading (two-step), instant funding (one-step), and direct funding programs.
The day trading programs involve a two-phase evaluation process, which is widely acknowledged in the industry. To secure funding and become eligible for weekly profit splits, traders must successfully complete both phases. CTI sets achievable trading targets, with 10% in phase one and 5% in phase two, while taking into account the maximum daily loss of 4% and the maximum loss limit of 10% that must be adhered to. By participating in these day trading programs, traders can potentially earn up to 100% profit splits and scale their accounts.
For those who prefer the standard programs, there is a range of account sizes to select from. The one-step evaluation account requires reaching a 9% profit target within an unrestricted timeframe before beginning to earn weekly profits. In the instant funding programs, traders can earn 50% profit splits, and this can be increased to 100% by growing their account balance.
The direct funding programs allow traders to skip the evaluation period and immediately trade a funded account, earning weekly profit splits. These programs don’t have time restrictions, and traders only need to adhere to specific rules, including the maximum loss limit, required stop-loss, stop-loss risk per position, and the risks associated with third-party copy trading and third-party EA usage. By participating in direct funding programs, traders can earn 70% profit splits, which can be increased to 100% by scaling their account balance.
I strongly recommend CTI to individuals seeking a proprietary firm with clear and transparent trading rules. They have established themselves as a prominent player in the proprietary trading industry and offer favorable conditions to a diverse range of traders with various trading styles. Considering all that CTI has to offer, they are unquestionably one of the industry’s leading proprietary trading firms.