City Traders Imperium

City Traders Imperium

City Traders Imperium (CTI) is a UK-based proprietary trading firm that provides traders with funded accounts, allowing them to trade forex and other financial markets without risking their own capital. With a flexible approach to trading, CTI offers an attractive opportunity for both novice and experienced traders to access significant capital in exchange for a share of the profits. Through its innovative programs, City Traders Imperium has positioned itself as a premier firm for those looking to take their trading career to the next level.

Here’s a detailed exploration of what CTI offers, including its account types, trading platform, risk management rules, and overall benefits for traders.

Key Features of City Traders Imperium

City Traders Imperium has several standout features designed to support traders at different levels of experience. From flexible evaluation programs to customizable trading strategies, the firm’s offerings cater to a wide range of trading styles and preferences.

Account Types

City Traders Imperium offers several types of accounts, each with unique requirements and benefits. These accounts cater to traders of varying experience levels, providing both entry-level options for newer traders and more advanced accounts for seasoned professionals.

1. Two-Step Challenge

The Two-Step Challenge is ideal for traders who want to prove their skills in a structured environment before gaining access to a funded account. The challenge is broken down into two phases, each with its own specific profit target and rules:

• Phase 1: Traders must achieve a 10% profit target. There are no daily drawdown limits in this phase, providing flexibility for traders to manage their risk as they see fit. Traders must trade for a minimum of 10 active trading days, ensuring a level of consistency in their performance.
• Phase 2: After successfully completing Phase 1, traders move on to Phase 2, where they are required to hit a 5% profit target. Like Phase 1, this stage also demands at least 10 active trading days. There are no daily drawdown limits, giving traders the freedom to apply their strategies without restrictive constraints.

These two phases test both profitability and risk management, ensuring that traders who reach a funded account have demonstrated both the ability to generate profits and maintain consistent performance over time.

2. One-Step Program

The One-Step Program is a more advanced option designed for experienced traders who prefer a faster path to funding. This program involves a single evaluation phase, where traders must hit a 10% profit target while adhering to a maximum drawdown limit of 6%. The One-Step Program does not have a minimum number of trading days, which offers greater flexibility for traders who can meet the profit target quickly.

Unlike the Two-Step Challenge, this program emphasizes efficiency, allowing seasoned traders to qualify for a funded account in a shorter timeframe. The One-Step Program appeals to those who already have a solid understanding of the markets and trading strategies but need access to capital to scale their trading activities.

3. Direct Funding

For professional traders who have already proven their skills in other environments, Direct Funding is a fast-track option that bypasses the evaluation phases entirely. Traders can begin with live accounts immediately, but they must adhere to the same 6% maximum drawdown rule as in the One-Step Program.

Direct Funding is geared toward experienced traders who have the confidence and track record to begin trading large amounts of capital without going through a verification process. This option is particularly appealing to those who have been trading for several years and want to take advantage of CTI’s generous funding limits right away.

Trading Platform: MetaTrader 5 (MT5)

City Traders Imperium supports MetaTrader 5 (MT5), a leading trading platform that is highly regarded in the forex industry for its advanced functionality and ease of use. MT5 is popular among both retail and institutional traders for several reasons:

• Advanced Charting Tools: MT5 offers sophisticated charting tools that allow traders to conduct in-depth technical analysis. With various indicators and drawing tools available, traders can analyze price movements with precision, making it easier to identify trends and make informed trading decisions.
• Algorithmic Trading Capabilities: One of the standout features of MT5 is its support for algorithmic trading. Traders can develop and deploy Expert Advisors (EAs) to automate their strategies, allowing them to execute trades based on predefined conditions without constant manual intervention. This is particularly useful for traders who follow systematic or quantitative trading approaches.
• Access to Multiple Asset Classes: While CTI primarily focuses on forex, MT5 also provides access to other asset classes, including commodities, indices, and cryptocurrencies. This broad asset coverage allows traders to diversify their portfolios and take advantage of opportunities across various markets.

CTI’s use of MT5 ensures that traders have access to a world-class platform with all the tools they need to succeed in the highly competitive forex market.

Profit Split

City Traders Imperium offers a highly competitive profit split structure, allowing traders to retain the majority of their earnings. The profit split system is designed to reward traders as they continue to perform well:

• Initial Profit Split: When traders first gain access to a funded account, they start with a 70% profit split. This means that for every profitable trade, the trader keeps 70% of the profit while the firm takes 30%.
• Performance-Based Increases: As traders demonstrate consistent performance, their profit split can increase to 80%, providing them with a larger share of the profits. For top-performing traders who grow their accounts significantly, CTI offers a 100% profit split, meaning they keep all the profits they generate.

This tiered system incentivizes traders to focus on long-term profitability and account growth, offering significant earning potential for those who are dedicated to their craft.

Account Funding and Withdrawals

City Traders Imperium provides traders with generous funding limits and convenient withdrawal options, making it easier for traders to access their earnings and scale their trading activities.

• Funding Limit: CTI’s accounts can scale up to $2,000,000, giving traders the potential to manage substantial amounts of capital as they continue to perform well. This scaling system allows traders to start with a smaller account size and gradually increase their capital as they hit specific performance milestones.
• Withdrawals: Traders can make weekly withdrawals, allowing them to access their profits regularly while continuing to grow their accounts. The ability to withdraw profits on a weekly basis provides traders with liquidity, which is especially important for those who rely on trading as their primary source of income.

Allowed and Prohibited Strategies

City Traders Imperium encourages traders to use a variety of strategies to generate profits but also has specific guidelines regarding which strategies are permitted and which are prohibited.

Allowed Strategies

• Expert Advisors (EAs): Traders are permitted to use Expert Advisors on the MT5 platform, provided that the strategies employed comply with CTI’s rules. EAs allow traders to automate their strategies, which can be beneficial for those who follow systematic approaches to trading.

Prohibited Strategies

• Martingale: The Martingale strategy involves doubling the size of trades after losses in an attempt to recover previous losses with a single win. This strategy is prohibited because it can lead to significant drawdowns and violate risk management rules.
• High-Frequency Trading (HFT): High-Frequency Trading involves executing a large number of trades in a short period of time, often relying on small price movements to generate profits. This strategy is not allowed on CTI’s platform due to its potential to create liquidity issues and lead to excessive transaction costs.
• Ultra-Fast Scalping: Scalping strategies that involve holding positions for only a few seconds or minutes are also prohibited, as these strategies can create unnecessary volatility and conflict with CTI’s risk management policies.
• Latency Arbitrage: Latency arbitrage takes advantage of price discrepancies between different brokers or markets, often due to differences in data feeds. This strategy is prohibited because it does not reflect genuine trading skill or market insight.
• Copy Trading: CTI does not allow traders to engage in copy trading, where one trader’s trades are automatically copied by others. This rule ensures that each trader’s performance is based on their individual skills and decision-making processes.

Educational Resources and Support

While City Traders Imperium provides some educational resources, its platform is primarily designed for experienced traders who already have a strong understanding of forex markets and trading strategies. The firm’s focus is on providing capital to traders who can demonstrate consistent profitability, rather than offering extensive educational content for beginners.

That said, CTI does offer responsive customer support to help traders navigate its platform and resolve any issues they may encounter. Traders can reach the support team via email or live chat, ensuring that they have access to assistance when needed.

Free Trial and Retakes

One of the standout features of City Traders Imperium is its free trial offering. This allows potential traders to explore the platform, test spreads, and understand commission structures before committing to a challenge. The free trial gives traders an opportunity to familiarize themselves with the platform and trading conditions, reducing the risk of unexpected surprises during the evaluation phase.

In addition to the free trial, CTI offers free retakes for traders who fail the challenge but adhere to all the trading rules. This means that even if a trader doesn’t meet the profit target, they can still qualify for another chance to earn a funded account, provided they followed the firm’s risk management guidelines.

Frequently Asked Questions (FAQs)

Here are some common questions traders often have about City Traders Imperium:

1. What are the profit targets?

In the Two-Step Challenge, Phase 1 requires a 10% profit target, while Phase 2 requires a 5% profit target. The One-Step Program also has a 10% profit target, but traders are only required to pass one evaluation phase.

2. What is the maximum allowed drawdown?

The

maximum allowed drawdown is 6%, and this rule applies to both the One-Step Program and the Direct Funding option.

3. Can I use Expert Advisors (EAs)?

Yes, traders are allowed to use Expert Advisors on the MT5 platform, as long as the strategies do not involve prohibited methods such as Martingale or High-Frequency Trading.

4. Is there a time limit for completing the challenge?

The One-Step Program has no time limit, allowing traders to complete the challenge at their own pace. The Two-Step Challenge, however, requires at least 10 active trading days in both Phase 1 and Phase 2.

5. Are there restrictions on trading hours?

No, CTI does not impose restrictions on trading hours. Traders can leave positions open overnight or over the weekend, offering flexibility in managing trades.

Conclusion

City Traders Imperium is a well-regarded proprietary trading firm that offers traders multiple ways to access capital and trade for a living. Whether you’re a new trader looking to prove your skills through the Two-Step Challenge or an experienced professional seeking direct funding, CTI provides a range of account types to suit your needs.

With a competitive profit split, flexible trading strategies, and generous funding limits, City Traders Imperium creates an environment where skilled traders can thrive. The firm’s focus on risk management ensures that traders who qualify for funded accounts are well-prepared to handle the challenges of the forex market, while its free trial and retake options make it accessible for those who need more time to hone their skills.

For traders who are serious about growing their trading careers and managing significant amounts of capital, City Traders Imperium offers a robust and scalable solution. By combining flexibility, performance-based rewards, and a supportive trading environment, CTI continues to stand out as a top choice for proprietary trading.