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September 26, 2024

City Traders Imperium Review – Are They Legit? My Honest Take

City Traders Imperium review

Welcome to my City Traders Imperium review.

With so many prop firms available, it might get challenging to see which one is reliable.

In this review, I’ll help you find the answer to whether CTI is legit or not:

Before we begin,

Whether you’re looking to get instant funding or to get up to $100,000, the best bet for you would be City Traders Imperium. I have reviewed over 200 finance firms, including proprietary trading companies. They are my top recommendation because of 2000 positive reviews and easy-to-complete evaluation plans.

Pros and Cons of City Traders Imperium

Pros

  • One-step, two-step, and direct financing assessments
  • Outstanding 4.8/5 Trustpilot rating
  • Free day trading challenge retake
  • Try it for free
  • Up to $100,000 in funding
  • Weekly withdrawals for all funding programs
  • Comprehensive scaling program for direct and quick financing accounts
  • 45 calendar days per Day Trading Funding stage.
  • No daily loss limit in instant funding accounts
  • Trading education of high-quality
  • City Traders Imperium Risk Manager Tool allows news trading. 

Cons

  • Must-follow stop-loss rule
  • Limited leverage at 1:10 (instant and direct financing accounts)

What is City Traders Imperium?

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The proprietary company City Traders Imperium is situated in London and specializes in providing day trading, instant funding, and direct funding services. The expedited assessment procedure is associated with the rapid financing programs, while the direct funding option allows traders to bypass the evaluation stage and begin making money right away.

On the other hand, the day trading funding program follows a two-phase evaluation process. These financing programs provide traders with different scaling tactics and up to $2,000,000 in cash per account.

By using a top-tier liquidity provider to deliver the best possible simulated real market trading conditions, City Traders Imperium makes trading on MetaTrader 5 possible. The formal status of City Traders Imperium, a London-based company that was incorporated in the UK, may be verified by looking through the documents at Companies House. 

details of City Traders Imperium.

Daniel Bautista established City Traders Imperium on July 13, 2018, to empower traders, irrespective of their nationality or origin, to attain financial independence. The main expectations of clients are discipline and a strong commitment to long-term consistency.

Also check out: FXIFY Review

$4,000,000 in funds are available for traders to manage, and they can split profits up to 100%. This can be achieved by trading activities with gold, indexes, and Forex pairings.

Come see City Traders Imperium right now.

Daniel Martin and Martin Najat co-founders at City Traders Imperium 

Daniel Martin and Martin Najat worked together to create City Traders Imperium. With over two decades of trading experience, Daniel Martin has played a key role in guiding other traders toward steady financial success.

His success has been largely attributed to the effort he places on creating trading techniques and mindset. Martin had achieved financial freedom, yet he purposefully chose not to retire. Rather, he committed himself to a new goal: creating a global network of prosperous dealers.

The second co-founder, Martin Najat, transitioned to a full-time trading career and achieved notable success as a trader with a focus on Smart Money Concepts. He set out to improve his trading psychology under Daniel Martin’s tutelage, which led to his current role as co-founder of City Traders Imperium.

Martin Najat’s first goal for City Traders Imperium stemmed from his desire to help traders who were struggling financially to improve their standard of living. He founded City Traders Imperium after realizing that his passion extended beyond trading during his time working as an investment analyst in London. Right now, his main goal is to put together a capable group of traders who consistently turn a profit.

People can find Martin Najat on LinkedIn & Instagram to follow his growth and get updates on his daily activities and viewpoints. 

City Traders Imperium Funding Programs and Challenges: Rules and Requirements 

City Traders Imperium provides traders with a selection of three distinct programs to select 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)

  • Account Size:
    • $100,000
    • $50,000
    • $25,000
    • $10,000
    • $5,000
    • $2,500
  • Phase 1:
    • Time Limit: Unlimited
    • Minimum Trading Days: 5
    • Profit Target: $10,000
    • Max Daily Drawdown: $5,000
    • Max Absolute Drawdown: $10,000
    • Drawdown Type: Balance-based
    • Refundable Fees: $519
  • Phase 2:
    • Time Limit: Unlimited
    • Minimum Trading Days: 5
    • Profit Target: $5,000
    • Max Daily Drawdown: $5,000
    • Max Absolute Drawdown: $10,000
    • Drawdown Type: Balance-based
  • Funded:
    • Time Limit: Unlimited
    • Minimum Trading Days: 5
    • Scaling Plan: Profit Share
    • Profit Share: 80%-100%
    • Max Daily Drawdown: $5,000
    • Max Absolute Drawdown: $10,000
    • Drawdown Type: Balance-based
    • Monthly Salary: $500/month
    • Refund: Refundable Fees

The day trading funding program of City Traders Imperium aims to identify committed and proficient traders who will be acknowledged and compensated for their steady performance throughout the two-phase assessment process. One can trade using a leverage ratio of 1:33 with the evaluation program account. 

  • Account Size:
    • $2,500
    • $5,000
    • $10,000
    • $25,000
    • $50,000
    • $100,000
  • Price:
    • $2,500: $39
    • $5,000: $59
    • $10,000: $99
    • $25,000: $179
    • $50,000: $329
    • $100,000: $519

Traders must meet a 10% profit target in phase one of the evaluation process without exceeding a 5% daily loss cap or breaking the 10% maximum loss regulation. To advance to phase two, traders must participate in at least five trading days, albeit there are no set daily trading criteria during this phase. Traders must meet a 5% profit target in phase two while adhering to the same daily loss cap of 5% and maximum loss cap of 10%.

Once again, there are no set requirements for daily trading; however, to advance to the funded account stage, I must engage in trading for at least five days. Once I finish both assessment stages, I will be granted access to a funded account with no set profit targets.

The primary limitations are the 10% maximum loss rule and the 5% maximum daily loss. I get an 80% profit split on the first 10% of trades. The profit split rises to 90% for tier 1 growth plans and 100% for tier 2 growth plans when I become eligible for the growth plan.

Additionally, I am entitled to salary bonuses every month that range from $12.5 to $500 upon reaching funded status. The size of my trading account determines the bonus amount. 

Day trading funding program account scaling plan

The accounts under the day trading funding program have a scaling plan that requires traders to hit a profit target of ten percent or more in a period of four months, with the requirement that at least two of these months be lucrative and that two withdrawals be approved. Furthermore, after the fourth month, the account balance needs to be positive, adding thirty percent to the initial account value.

For example, if the account balance starts at $50,000, it will increase to $65,000 in the first four months, and then to $80,000, $95,000, and so on. Indexes, commodities, and FX pairings are among the trading instruments that are accessible for these accounts. 

Day Trading Funding Program Account Rules

  • Profit Target: The profit target for Phase 1 is 10%, and the profit target for Phase 2 is 5%. Predetermined profit targets are not present in funded accounts.
  • Maximum Daily Loss: For all account sizes, the maximum daily loss is 5%.
  • Maximum Loss: For all account sizes, the maximum total loss permitted before account violation is 10%.
  • Minimum Trading Days: Before completion or withdrawal requests, both evaluation phases require a minimum of five trading days.
  • No Weekend Holding: It is not permitted for traders to have open positions on the weekends.
  • Risk of Third-Party Copy Trading: By using third-party copy trading services, traders run the risk of using the same trading methods as others, which could affect their eligibility for a funded account or, if they exceed the maximum capital allocation guideline, their ability to withdraw their money.
  • Third-Party EA danger: By using third-party EAs, traders run the danger of using the same trading strategy as other traders, which could lead to withdrawal requests or account denials if the maximum capital allocation is exceeded. 

Instant funding program accounts (one-step challenge)

  • Account Size:
    • $80,000
    • $60,000
    • $40,000
    • $20,000
    • $10,000
    • $4,000
  • Phase 1:
    • Funded
      • $80,000
      • $20,000 Evaluation
    • Funded:
      • $60,000
      • $40,000
  • Time Limit:
    • Unlimited
    • Unlimited
  • Minimum Trading Days:
    • Not applicable
    • Not applicable
  • Profit Target:
    • 10%
  • Scaling Plans:
    • Profit Share: 50%
    • Up to 10%
  • Max Daily Drawdown:
    • Not applicable
    • Not applicable
  • Max Absolute Drawdown:
    • 6%
    • 6%
  • Max Trailing Drawdown:
    • Not applicable
    • Not applicable
  • Drawdown Type:
    • Balance-based
    • Balance-based
  • Monthly Salary:
    • Up to $500/month
  • Leverage:
    • Up to 1:33
    • Up to 1:33
  • One-Time Fee:
    • $999
    • Not applicable

City Traders Imperium’s standard evaluation financing program account allows traders to meet the evaluation requirements for trading with a leverage ratio of 1:33 for an infinite period.

  • Account Size:
    • $80,000
    • $60,000
    • $40,000
    • $20,000
    • $10,000
    • $4,000
  • Phase 1:
    • Funded
      • $80,000
      • $20,000 Evaluation
    • Funded:
      • $60,000
      • $40,000
  • Time Limit:
    • Unlimited
    • Unlimited
  • Minimum Trading Days:
    • Not applicable
    • Not applicable
  • Profit Target:
    • 10%
  • Scaling Plans:
    • Profit Share: 50%
    • Up to 10%
  • Max Daily Drawdown:
    • Not applicable
    • Not applicable
  • Max Absolute Drawdown:
    • 6%
    • 6%
  • Max Trailing Drawdown:
    • Not applicable
    • Not applicable
  • Drawdown Type:
    • Balance-based
    • Balance-based
  • Monthly Salary:
    • Up to $500/month
  • Leverage:
    • Up to 1:33
    • Up to 1:33
  • One-Time Fee:
    • $999
    • Not applicable

During the evaluation phase, traders must hit a 10% profit target while staying inside the 6% maximum loss guideline. During this phase, traders are free to accomplish the profit target at their leisure because there is no set timeframe for trading. Traders must establish a stop loss for every open position to promote prudent trading.

When I completed the evaluation step, I was given a funded account with no predetermined profit targets. All I had to do was use a stop loss on every trade and abide by the 6% maximum loss limit.

I am allowed to request weekly payouts without hindering the account’s growth, and I’m not obligated to make up for any lost gains. The profit splits I receive range from 50% to 100%, depending on the profits I make.

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

Account Size:

  • $1,000:
  • Phase 1: $4,000
  • Phase 2: $8,000
  • Phase 3: $16,000
  • Phase 4: $32,000
  • Phase 5: $64,000
  • Phase 6: $128,000
  • Phase 7: $256,000
  • Phase 8: $512,000
  • Phase 9: $1,000,000
  • Phase 10: $2,000,000
  • $2,500:
  • Phase 1: $10,000
  • Phase 2: $20,000
  • Phase 3: $40,000
  • Phase 4: $80,000
  • Phase 5: $160,000
  • Phase 6: $320,000
  • Phase 7: $640,000
  • Phase 8: $1,000,000
  • Phase 9: $2,000,000
  • Phase 10: –
  • $5,000:
  • Phase 1: $20,000
  • Phase 2: $40,000
  • Phase 3: $80,000
  • Phase 4: $160,000
  • Phase 5: $320,000
  • Phase 6: $640,000
  • Phase 7: $1,000,000
  • Phase 8: $2,000,000
  • Phase 9: –
  • Phase 10: –
  • $10,000:
  • Phase 1: $40,000
  • Phase 2: $80,000
  • Phase 3: $160,000
  • Phase 4: $320,000
  • Phase 5: $640,000
  • Phase 6: $1,000,000
  • Phase 7: $2,000,000
  • Phase 8: –
  • Phase 9: –
  • Phase 10: –
  • $15,000:
  • Phase 1: $60,000
  • Phase 2: $120,000
  • Phase 3: $240,000
  • Phase 4: $480,000
  • Phase 5: $1,000,000
  • Phase 6: $2,000,000
  • Phase 7: –
  • Phase 8: –
  • Phase 9: –
  • Phase 10: –
  • $20,000:
  • Phase 1: $80,000
  • Phase 2: $160,000
  • Phase 3: $320,000
  • Phase 4: $640,000
  • Phase 5: $1,000,000
  • Phase 6: $2,000,000
  • Phase 7: –
  • Phase 8: –
  • Phase 9: –
  • Phase 10: –

The spreadsheet that goes with the rapid funding program accounts outlines the scaling approach in full. All traders need to do to qualify for account scaling is to reach a profit target of 10%. It’s important to note that withdrawals have no bearing on an account’s ability to grow; expansion eligibility is determined by whether total profits exceed a 10% threshold.

For example, if the trader takes profits both weeks and increases his or her profits by 4.2% and 5.8% respectively, then the trader’s cumulative gains would be 10%, which would entitle him or her to a scale-up. The trading instruments that are accessible for this type of account include indices, commodities, and FX pairings. 

With the help of City Traders Imperium’s direct financing program account, I can start making money right away and completely avoid the evaluation procedure. Based on the earnings I make when trading with a leverage ratio of 1:33, I’ll get a profit share that can range from 60% to 100%. It’s crucial to recognize that there are no limitations on the minimum or maximum duration.

City Traders Imperium Broker: Do They Use a Reliable Platform? 

It’s crucial to consider how realistic their trading criteria are while searching for prop firms that fit the FX trading style. If a company demands significant monthly gains with minimum drawdowns, you are unlikely to succeed even though they may offer an enticing profit share for a well-funded account.

Because day trading systems have conventional maximum loss restrictions (5% daily and 10% maximum loss) and average profit targets (10% in phase one and 5% in phase two), they can offer a realistic means of obtaining capital. Programs for instant funding, which entail a straightforward, one-step assessment process with a 10% profit objective over an indefinite period before switching to weekly earnings, are also a practical means of obtaining funds.

In my experience, the direct funding program is a great option because it gives me the freedom to make weekly withdrawal requests and start earning straight away without having to go through evaluation phases. Considering all these benefits, I find City Traders Imperium to be a fantastic choice for raising capital. They offer three different funding plans with realistic trading goals and weekly payment options, which perfectly align with my trading needs.

Brokers used by City Traders Imperium 

Instead of using a traditional broker, City Traders Imperium partners with a tier-1 liquidity provider that offers the best simulated real market trading circumstances. With an average range of 0-0.2 pip on big currency pairings and slightly wider spreads on lesser ones, the strategic choice yields exceptionally tight margins.

$9 is the set fee structure, which is broken down into $4.50 for entering a trade and another $4.50 for leaving one. Each lot exchanged is subject to this fee. As a result, each deal has a total trading cost of roughly one pip.

In addition, City Traders Imperium exhibits exceptional efficiency in terms of execution speed. To conduct their trading operations, traders might use the MetaTrader 5 trading platform. 

City Traders Imperium Fees: How Much Do They Charge? 

Trading commission:

  • Assets:
    • Forex
      • Fee Terms: 4.5 USD / LOT
    • Commodities
      • Fee Terms: 4.5 USD / LOT
    • Indices
      • Fee Terms: 4.5 USD / LOT

Education & Support for Traders:

You may get instructional resources from City Traders Imperium by clicking on this link to reach the Forex Education part of their website.

Despite not having a topic on ForexFactory, CTI has been mentioned a lot in the “PROP FIRM HUB” forum, which was started by a user by the name of Mastermind.  

City Traders Imperium Proof of Payment:

The establishment date of City Traders Imperium was July 13, 2018. It provides traders with financing plans that let them make withdrawal requests every week. Withdrawal payments can take up to seven days to process. Three choices exist for traders:  

  • Withdraw the entire amount
  • Withdraw a portion of the sum 
  • Keep the cash as an extra safeguard against losses

Withdrawals are initially made back using the original payment mechanism, like a credit or debit card. Traders can employ other withdrawal alternatives, such as when the amount being withdrawn exceeds the amount being paid.  

  • PayPal
  • Transferwise
  • Revolut
  • Cryptocurrencies 

By interviewing traders who have gotten funding, the City Traders Imperium YouTube channel shows proof of payment. Additionally, there is a portion of the Discord channel devoted to showing compensation proof. Those who have finished the Portfolio Manager or Evaluation programs are given certificates.

They have a segment on their Discord channel devoted to displaying proof of payouts. The certifications awarded to individuals who have succeeded in their Evaluation or Portfolio Manager pursuits are located in this section. 

City Traders Imperium Customer Support: 

City Traders Imperium utilizes its social media presence to showcase success stories, educational content, and real-time market analyses, fostering a collaborative and informed trading community. Whether it’s seeking trading tips, staying informed about program updates, or simply connecting with like-minded individuals, CTI’s social media presence offers a multifaceted platform for traders to enhance their overall trading experience.

Facebook: 

On Facebook, City Traders Imperium has amassed 2,500 followers. This platform offers a dynamic environment for news, updates, and conversations with other traders in real time. Traders can participate in discussions with like-minded people and remain informed about the latest developments by following their Facebook page. 

City Traders Imperium Facebook

YouTube:

With 6.67k subscribers, City Traders Imperium’s YouTube channel is both entertaining and educational. Seven movies have been uploaded to this channel, which is a useful resource for traders of all experience levels. Through visually appealing educational content and insights into the trading industry, the YouTube channel augments City Traders Imperium’s services.

City Traders Imperium YouTube

Instagram: 

With 17.4k followers, City Traders Imperium enjoys a strong online presence on Instagram. Through a visual journey, the company highlights its trading operations and accomplishments on this platform. It keeps the community linked and acts as a source of inspiration for dealers. 

City Traders Imperium Instagram

IV. FAQs and Support:

  • FAQ Page:
    • City Traders Imperium provides a comprehensive FAQ page where users can find answers to common queries and access missing information.
  • Support Team:
    • The support team is reachable through social media platforms.
    • Direct contact can be made via email at [email protected].
  • Live Chat Support:
    • City Traders Imperium offers active live chat support, allowing users to send messages and receive replies via email.
  • Discord Channel:
    • The Discord channel serves as an additional support resource.
    • A dedicated Support channel on Discord is available for addressing any support or technical issues.

What Makes City Traders Imperium Unique? 

With its extensive range of funding offerings, which include day trading, rapid funding (a shortened procedure), and direct funding options, City Traders Imperium sets itself apart from other market leaders. A few restrictions on trading style are imposed by City Traders Imperium, which permits news trading, overnight positions, and weekend trading (apart from day trading programs).

Also read: Earn2Trade review

To be eligible for weekly prizes under the City Traders Imperium day trading program, I must complete the two steps of the evaluation process. In the first phase, my goal is to achieve a 10% profit, while in the second phase, I need to hit a 5% profit target. Additionally, there are strict limitations in place: my total losses cannot exceed 10%, and my daily losses must be capped at a maximum of 5%. To qualify for funding, I need to ensure that I actively participate in at least five trading days during each phase.

What sets City Traders Imperium’s day trading programs apart from those of other well-known proprietary firms is their unique approach. They use a scaling technique that includes average profit targets and allows unfettered trading time during every review phase. This approach offers me the flexibility and time I need to develop my strategies and achieve my targets without the pressure of a rigid timeline.

City Traders Imperium Reviews: What Do Their Customers Say?

Trustpilot- 

The community has mostly had positive things to say about City Traders Imperium, especially on Trustpilot. With 1,101 reviews, CTI has an impressive 4.6 out of 5 stars, demonstrating its high level of consumer satisfaction.

Remarkably, the company engages with the community by responding to each Trustpilot review, exhibiting a commitment to openness and client participation. Additionally, CTI offers trustworthy support services that guarantee customers obtain the information they need efficiently. 

#1. I’ve been trading on the CTI platform for some time now, and thus far everything is running smoothly and they are quite attentive. One of my favorite things about CTI is its scaling plan, which eliminates the need for us to wait months to increase the size of our account. Do visit their website and page to obtain a coupon code.

#2. Because of CTI’s extensive background in the prop business industry, I have faith in the company. Nonetheless, the swap price of its MT5 platform is quite high for all major pairs, all negative swaps, and no positive swaps, which is odd. I haven’t heard many negative reports about CTI, which is encouraging. I’m hoping that CTI will be able to resolve this matter soon. Furthermore, Discord’s customer service may use some improvement. Regards!

#3. Had a bit of a mess, nothing except technical problems. System outages, days without account access, and KYC problems followed. After reaching the payout threshold, the account was then denied without a reimbursement. Ahh.

#4. I’m having trouble creating your edge course. Even if I pay every month, the system still won’t let me finish the video course. I’ve been in touch with support for two months. However, the issue persists. I’m incredibly let down. If you wish to study with them, please consider your options carefully.

Conclusion

To sum up, City Traders Imperium is a reputable proprietary trading company that provides traders with three different financing options: direct funding, immediate funding (one step), and day trading (two steps).

With reasonable profit targets and scaling opportunities, day trading systems provide the chance to reach profit splits of up to 100%. Through a simplified selection procedure and the potential for profit splits ranging from 50% to 100%, instant funding schemes offer flexibility.

Direct funding schemes avoid the vetting procedure and enable high-speed trading with up to 100% profit margins. Because of its straightforward rules, City Traders Imperium comes highly recommended for anyone looking for a proprietary trading firm that can accommodate a variety of trading styles. In the business, CTI is regarded by many as one of the best proprietary trading organizations.

If you want to begin your trading journey, I recommend going with CTI’s Scaling Plan. Not only will you get instant funding with them but also get access to their vast selection of tools & resources.

Kevin Ashton

I am Kevin J. Ashton, a British technology pioneer best known for coining the term "Internet of Things" (IoT). My work focuses on networked sensors and their transformative applications across industries. I introduced the IoT concept in 1999 while at Procter & Gamble, envisioning a world where sensors connect the physical world directly to the internet. I founded the Auto-ID Center at MIT, where I helped develop global standards for RFID and other sensor technologies. I am also the author of "How to Fly a Horse: The Secret History of Creation, Invention, and Discovery," a book that debunks the myths surrounding creative work and emphasizes a practical approach to innovation. As a speaker and consultant, I address topics related to innovation and digital transformation, aiming to inspire practical, impactful problem-solving.

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Short Bio

Kevin J. Ashton, a British technology pioneer, coined the term "Internet of Things" (IoT) and introduced the concept in 1999 while at Procter & Gamble. He founded the Auto-ID Center at MIT, where he contributed to the development of global standards for RFID and other sensor technologies. Ashton is also the author of "How to Fly a Horse," a book that explores the practical realities of creativity and innovation. Mr. Kevin is available on multiple social media platforms. Contact for consultation.
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