City Traders Imperium Challenge Analysis

What is the best City Traders Imperium challenge program for your investing needs? Find out in this expert review.

5 months ago 0 106

Which City Traders Imperium challenge is worth your money?

If you’re a prop trader interested in working with CTI, you might have wondered the same thing. This expert guide is here to help you answer the very same questions.

You’ll find out the rules of City Traders Imperium challenge programs and also get bonus tips (for beginners). Let’s begin:

City Traders Imperium Challenge Programs: 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)

	Phase 1	Phase 2	Funded
Time Limit	Unlimited	Unlimited	Unlimited
Minimum Trading Days	5	5	5
Profit Target	$10,000	$5,000	Scaling Plan*
Profit Share	NA	NA	80%-100%
Max Daily Drawdown	$5,000	$5,000	$5,000
Max Absolute Drawdown	$10,000	$10,000	$10,000
Drawdown type	Balance-based	Balance-based	Balance-based
Monthly Salary	–	–	$500/month
Refundable Fees	$519	–	Refund

The objective of this City Traders Imperium challenge is to find dedicated and skilled traders who are recognized and rewarded for their consistent performance during the two-phase evaluation period. The evaluation program account enables to engage in trading with a leverage ratio of 1:33.

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

In the evaluation process, traders must reach a 10% profit target in phase one without going over a maximum daily loss of 5% or violating the 10% maximum loss rule. There are no specific daily trading requirements for this phase, but traders must take part in at least five trading days to move on to phase two. In phase two, traders must achieve a 5% profit target while still following the same 5% maximum daily loss and 10% maximum loss rules.

Again, there are no specific daily trading obligations, but traders must participate in at least five trading days to progress to the funded account stage. After completing both evaluation phases, traders gain entry into a funded account with no predefined profit targets.

The main constraints are the 5% maximum daily loss and 10% maximum loss rules. Initially, traders receive an 80% profit split on the first 10%. As they qualify for the growth plan, the profit split increases to 90% for a tier 1 growth plan and reaches 100% for a tier 2 growth plan.

Moreover, upon achieving funded status, traders become eligible for monthly salary bonuses ranging from $12.5 to $500. The bonus amount depends on the size of the account being traded.

Scaling Plan of this City Traders Imperium Challenge

The day trading funding program accounts incorporate a scaling plan wherein traders must achieve a profit target of 10% or more within four months, ensuring that at least two of these months are profitable and that two withdrawals are processed. Additionally, the account balance must remain positive at the end of the fourth month, resulting in a 30% increase to the original account balance.

For instance, if the initial account balance is $50,000, it would grow to $65,000 after the first four months, followed by subsequent increments to $80,000, $95,000, and so forth. The trading instruments available for these accounts encompass forex pairs, commodities, and indices.

Day Trading Funding Program Account Rules

Profit Target: Phase 1 requires a 10% profit target, and Phase 2 has a 5% profit target. Funded accounts do not have predefined profit targets.
Maximum Daily Loss: Maximum daily loss is capped at 5% for all account sizes.
Maximum Loss: The maximum overall loss allowed before violating the account is 10% for all account sizes.
Minimum Trading Days: Both evaluation phases mandate a minimum of five trading days before completion or withdrawal requests.
No Weekend Holding: Traders are prohibited from holding open positions during weekends.
Third-Party Copy Trading Risk: Using third-party copy trading services may expose traders to the risk of adopting identical trading strategies as others, potentially impacting eligibility for a funded account or withdrawal if exceeding the maximum capital allocation rule.
Third-Party EA Risk: Utilizing third-party EAs carries the risk of employing the same trading strategy as other traders, possibly resulting in the denial of a funded account or withdrawal if surpassing the maximum capital allocation rule.

Instant funding program accounts (one-step challenge)

80,000

$60,000

$40,000

$20,000

$10,000

$4,000

	Phase 1	Funded
Funded	–	$80,000
Evaluation	$20,000	–
Time Limit	Unlimited	Unlimited
Minimum Trading Days	–	–
Profit Target	10%	Scaling Plans
Profit Share	50%	Upto 10%
Max Daily Drawdown	–	–
Max Absolute Drawdown	6%	6%
Max Trailing Drawdown	–	–
Drawdown Type	Balance-based	Balance-based
Monthly Salary		Up to $500/month
Leverage	Upto 1:33	Upto 1:33
One- Time Fee	$999	–

The regular evaluation financing program account offered by City Traders Imperium enables traders to fulfill the evaluation criteria within an indefinite timeframe, granting them the ability to trade with a leverage ratio 1:33.

Account Size	Oruce
Account Size	Price
$4,000	$59
$10,000	$149
$20,000	$299
$40,000	$499
$60,000	$749
$80,000	$999

Traders must achieve a 10% profit target during the evaluation phase while ensuring that they do not exceed the 6% maximum loss rule. There is no specific deadline for trading during this phase, giving traders the freedom to reach the profit target at their own pace. To ensure responsible trading, traders must set a stop loss for each opened position.

Once traders complete the evaluation phase, they receive a funded account that comes with no predefined profit targets. The only requirement is that they adhere to the 6% maximum loss rule and implement a stop loss for each position.

Traders can request payouts every week without affecting the account’s growth, and they are not required to compensate for the distributed profits. Profit splits, ranging from 50% to 100%, are awarded based on the achieved profits.

Scaling Plan of this City Traders Imperium 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 quick funding program accounts have a scaling strategy that is detailed in the accompanying spreadsheet. To be eligible for account scaling, traders merely attain a profit target of 10%. Importantly, withdrawals do not affect their account’s capacity to expand, and the qualification for expansion is established if their overall profits hit the 10% threshold.

For instance, if the trader achieves a 4.2% increase in the first week and a 5.8% increase in the second week while taking profits on both occasions, their cumulative profits would amount to 10%, qualifying them for a scale-up. The available trading instruments for this account type encompass FX pairings, commodities, and indices.

Direct funding program accounts

$80,000

60,000

$40,000

$20,000

$10,000

Portfolio Manager	$80,000
Time Limit	Unlimited
Minimum Trading Days	–
Profit Target	10%
Profit Share	Upto 100%
Max Daily Drawdown	–
Max Absolute Drawdown	6%
Max Trailing Drawdown	–
Leverage	Upto 1:33
One- Time Fees	$4,799

Account Size	Price
$10,000	$599
$20,000	$1,199
$40,000	$2,399
$60,000	$3,599
$80,000	$4,799

City Traders Imperium’s direct financing program account enables traders to bypass the review process entirely and commence generating profits right now. traders will receive a profit share ranging from 60% to 100% based on the profits they generate when trading with a leverage ratio of 1:33. It is important to acknowledge that there are no restrictions on the least or maximum amount of time.

Tips to Choose the Right Program From City Traders Imperium Challenge Programs:

Choosing the right challenge from a prop firm like City Traders Imperium involves a thorough evaluation of your own trading style, experience, and risk tolerance. Each challenge may have different rules, targets, and restrictions that could either complement or hinder your trading strategy. Here are steps and considerations to help you determine which City Traders Imperium challenge is best suited for you:

1. Assess Your Trading Style and Strategy

Short-term vs. Long-term: Understand whether your strategy focuses on day trading, swing trading, or longer-term positions. Different challenges may have time limits or trading style restrictions that better suit one approach over another.
Risk Management: Evaluate how your risk management strategy aligns with the drawdown limits and other risk parameters set by each challenge. Choosing a challenge that matches your risk tolerance will increase your chances of success.

2. Understand the Challenge Requirements

Profit Targets: Look for profit targets that are achievable with your trading strategy. Some challenges may require higher percentage gains, which could necessitate more aggressive trading.
Drawdown Limits: Check the maximum drawdown allowed in the challenge. Ensure that your trading strategy can operate within these limits without being overly restrictive.
Trading Period: Consider the duration of the challenge. Make sure you have enough time to trade effectively, considering your availability and trading frequency.

3. Evaluate the Costs and Rewards

Entry Fees: Compare the costs of entering different challenges. Higher costs might offer higher potential capital or more favorable profit splits, but they also increase your initial risk.
Profit Splits: Understand how profits are shared between you and the prop firm. Some challenges might offer more attractive splits, which could influence your choice.

4. Consider Your Experience and Confidence Level

For Beginners: If you’re relatively new to trading, you might consider starting with a challenge that has lower risk and entry fees. This can provide a valuable learning experience with less financial pressure.
For Experienced Traders: If you have a proven track record and high confidence in your strategy, you might opt for challenges with higher profit targets and potential capital, assuming you’re comfortable with the associated risks.

5. Review the Tools and Resources Provided

Some challenges might offer additional tools, resources, or educational support that can help you trade more effectively. Consider whether these additions can benefit your trading approach.

6. Seek Feedback from the Trading Community

Look for forums, reviews, or social media groups where current or past participants of City Traders Imperium challenges share their experiences. This can provide insights into which challenges are more manageable or rewarding based on different trading styles.

City Traders Imperium Challenge Success Stories

City Traders Imperium has received more than a thousand reviews on its Trustpilot page.

Most of the traders who signed up for their challenges are quite happy with the results. Most of these 1000+ reviews give them 5 out of 5 stars, clearly highlighting the reliability of their funding programs.

We looked deeper into their reviews and found plenty of customers claiming to get funded via a City Traders Imperium challenge. Here’s a review by Claudette highlighting the success of their program:

Similarly, here’s another CTI review. The reviewer also points out that City Traders Imperium is one of the few companies available in the market that offer the popular MetaTrader4 trading platform.