City Traders Imperium, a notable proprietary trading firm, offers an extensive array of funding programs tailored for forex traders across the globe. Established in July 2018, the firm has since developed a variety of funding programs to cater to different trading styles and risk appetites.
Detailed Overview of City Traders Imperium Funding Programs
Let’s dive into the unique funding programs offered by City Traders Imperium:
1. Day Trading Funded Trader Program
- Designed for short-term traders with a higher risk tolerance.
- Follows a 2-step challenge model, spanning up to 90 days.
- First phase challenge extends to 45 days, offering a broader scope compared to the typical 30-day models in other prop firms.
2. Standard Funding Evaluation Program
- Suitable for medium-risk traders preferring less time constraint and more flexible rules.
- Up to 6 months duration with funding based on fixed drawdown only.
- Simple rules, allowing traders adequate time to meet profit targets.
3. Classic Funding Evaluation Program
- Geared towards lower-risk traders, with a time limit of up to 1 year.
- Provides the longest duration, ideal for strategies or lifestyles requiring extended time.
4. Direct Funding Program
- For professional traders, with no evaluation process and no time constraints.
- Direct funding from day one, ideal for traders with a proven profitable strategy.
Comparative Breakdown of Funding Programs
| Funding Program | Day Trading Funded Trader Program | Standard Funding Evaluation Program | Classic Funding Evaluation Program | Direct Funding Program |
|---|---|---|---|---|
| Steps | 2 | 1 | 1 | None |
| Time Limit | 45 + 45 Calendar days | 6 Months | 1 Year | None |
| Minimum Active Trading Days | 10 + 10 Calendar days | 30 Calendar days | 30 Calendar days | None |
| Profit Target | 10% + 5% | 9% | 7% | 10% |
| Max Daily Drawdown | 4% | None | None | None |
| Max Overall Drawdown | 10% Absolute | 5% Absolute | 5% Relative | 5% Absolute |
| Profit Split | Up to 100% | Up to 100% | Up to 100% | Up to 100% |
City Traders Imperium is committed to providing realistic trading conditions, focusing on aligning funding options with traders’ individual strategies. This approach not only supports traders in their quest for success but also aligns with City Traders Imperium’s goal of impacting traders’ lives positively.
