Prop Firms

City Traders Imperium: Reviews And In-Depth Analysis

City Traders Imperium

Rating: 4.3

REVIEW SUMMARY

City Traders Imperium is a Forex prop firm, located in UK. It was founded in 2018.

FEATURES

Instruments: Forex, Indices, Metals, Commodities, Crypto.

Max balance: $2,000,000

Profit split: up to 100%

Cost: from $39

Platforms: MetaTrader 5

PROS & CONS

What I like:

  • Instant funding available.
  • No time minimums or limits. You can get funded on the same day.
  • Weekend and overnight trading allowed.
  • Scale your account up to $4 Million.
  • Drawdown limit based on balance and not on equity.

What could be improved:

  • The profit share for No Evaluation Program starts at only 50%, but this is pretty much the norm across other firms with Instant Funding.
  • Maximum leverage limited to 1:30.

City Traders Imperium is a prop trading firm located in the UK.

In this article, you’ll get a review of this prop firm, including analysis and instructions to get funded with an account from City Traders Imperium.

Here’s what you’re going to learn:

What Is City Traders Imperium?

City Traders Imperium is a prop firm located in the UK. It was founded in 2018 so it already has some experience with funding traders.

What Can You Trade With City Traders Imperium?

City Traders Imperium is a prop firm that funds traders to trade Forex and other CFDs trading assets.

Here’s a list of all of the instruments:

  • Forex: Major and minor currency pairs
  • Indices
  • Metals: Gold and Silver
  • Commodities: Crude oil

What Are The City Traders Imperium Account Sizes?

City Traders Imperium funds traders with account balances that go from $2,500 up to $100,000. These accounts can be scaled up to $2,000,000 as you keep having good results trading.

Depending on the product that you choose, you may get immediate funding, which applies to the No-Evaluation program, or need to pass an evaluation process with 1 or 2 phases.

The prices of the products are different according to the account size that you are applying to.

The prices of the smaller funded account start at $39 and go up to $4,799 for the bigger no-evaluation account.

What Is The City Traders Imperium Leverage?

The leverage provided by the prop firm depends on the program that you are trading. Here’s the list of the leverage by program:

No-Evaluation:

  • Forex: 1:10
  • Indices: 1:10
  • Commodities: 1:10
  • Crypto: 1:2

1-Step:

  • Forex: 1:30
  • Indices: 1:10
  • Commodities: 1:10
  • Crypto: 1:2

2-Step:

  • Forex: 1:30
  • Indices: 1:10
  • Commodities: 1:10
  • Crypto: 1:2

How Much Is The City Traders Imperium Payout?

The profit split is different according to the product that you chose.

Here’s the payout for each product:

  • No-Evaluation: starts at 60% profit split and can grow up to 100%.
  • 1-Step: starts at 50% profit split and can grow up to 100%
  • 2-Step: Starts at 80% profit split and can grow up to 100%.

We can say that this payout is pretty much what is normal across prop firms.

City Traders Imperium Reviews

According to Trustpilot, City Traders Imperium is classified as excellent. It’s scoring an impressive 4.8/5.0 after more than 800+ reviews from users.

City Traders Imperium 2-Step Challenge Program

The 2-Step Challenge program was made for traders who want to join a prop firm that helps to maximize their gains faster.

This program has two phases to complete before getting funded. You need to trade for a minimum number of days and avoid exceeding a maximum daily drawdown and a maximum absolute drawdown.

Let’s look at all the details:

  • Minimum days to trade: 1 day.
  • Maximum challenge duration: no maximum, you can take as much as you want.
  • Maximum daily drawdown: 5% from the start of the day balance.
  • Maximum absolute drawdown: 10% from the initial balance.
  • Profit target: 10% for phase 1 and 5% for phase 2.

Basically, the rules for both phases of the 2-Step Challenge program are the same. The only exception is the profit target which is 10% when you are trading Phase 1 and decreases to 5% when you are trading Phase 2.

City Traders Imperium 1-Step Funded Trader Program

This Evaluation program was made for all traders and has a long time limit to pass the evaluation process.

The program has one single phase to complete before getting funded. There are no minimum number of days to trade. You just need to avoid exceeding a maximum absolute drawdown. There’s no daily drawdown rule in this program.

Let’s look at all the details:

  • Minimum days to trade: no minimum, you can pass the challenge as fast as possible.
  • Maximum challenge duration: no time limit to complete the challenge.
  • Maximum daily drawdown: No daily drawdown limit.
  • Maximum absolute drawdown: 6% from the initial balance.
  • Profit target: 10%

City Traders Imperium No Evaluation Funding Program

The No Evaluation Funding program was made for professional traders, who don’t want to spend time proving themselves. In this program, you can skip the evaluation process and get funded from day 1.

There is just one simple rule that you need to follow.

  • Maximum absolute drawdown: 6% from the initial balance.

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City Traders Imperium EAs (Expert Advisors)

If you like to use EAs to trade, City Traders Imperium supports you. The use of EAs is allowed although some types of strategies are banned.

Here’s a list of EAs/strategies that are not allowed:

  • Martingale
  • HFT – High-Frequency Trading
  • Ultra-Fast scalping
  • Latency Arbitrage Trading
  • Tick Scalping Strategies
  • Reverse Arbitrage Trading
  • Hedge Arbitrage Trading
  • The use of emulators is not allowed too

City Traders Imperium Free Trial

You have a free trial with City Traders Imperium, which you can use to test the platform, check the spreads, check the commissions, do lot size calculations, and test the execution speed.

City Traders Imperium Free Repeat

City Traders Imperium provides a free repeat for traders who want to take the Challenge program again.

The only requirement is that you didn’t violate any rule.

Use the promo code link below to get a free repeat. Don’t forget to delete your cookies if you already visited the City Traders Imperium website.

City Traders Imperium Platforms

City Traders Imperium gives you access to a popular trading platform used by Forex brokers.

You can use:

  • MetaTrader 5

City Traders Imperium Trading Hours

The are no restrictions about leaving trades open overnight. The same applies to open trades during the weekend. You’re welcome to do that if that’s according to your own trading style. Just be careful with daily and weekend gaps.

City Traders Imperium News Trading

There are some restrictions on news trading.

You can’t trade using bracketed orders. You know, when you put a buy and sell pending order just before the news is released. And you hope that one of your orders is triggered and it goes with the flow.

Well, this is forbidden, and actually a very risky behavior. There’s a lack of liquidity during news times, and most of your orders would open very far away from the triggering price anyway.

News scalping EAs are also forbidden. If you’re trying to use rapid scalping techniques around news time, you’ll not be allowed here.

Besides that, you’re good to trade, you just need to be careful with the volatility, but if you’re like me, those are the best times of the day to trade. Just don’t exceed your maximum safe lot size and manage your trades properly.

Is City Traders Imperium Legit?

Yes, City Traders Imperium is a legit company.

Here are the contacts to reach them:

  • Email: info@ctiglobal.co
  • Address: Dubai Silicon Oasis, DDP, Building A2, Dubai, United Arab Emirates.

You can also contact them through the live chat on their website.

City Traders Imperium Alternatives

Here’s the list of the best City Traders Imperium alternatives:

For more alternatives check our alternative prop firm tool:

Get Alternatives To Any Prop Firm

Recap

  • City Traders Imperium is a prop trading firm based in the UK.
  • You can get a funded account with up to $2,000,000 in balance and up to a 100% profit split payout.
  • To access a funded account you have three options: a no-evaluation program, a one-phase instant program, and a two-phase challenge program.
  • You can trade Forex and other CFDs like Indices, Metals, Commodities, and Crypto.
  • The popular MT5 platform is available to trade.

Learn More

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