This article provides a comprehensive comparison between Funded Trading Plus and City Traders Imperium, two reputable proprietary trading firms based in London, UK, focusing on their instant funding programs and overall offerings to forex traders globally.
Company Overviews
Funded Trading Plus and City Traders Imperium, both with headquarters in London, UK, have earned their reputation as reliable and trustworthy firms in the proprietary trading industry. Funded Trading Plus was established in November 2021 by CEO Simon Massey, and City Traders Imperium began its journey in July 2018 under the leadership of CEOs Daniel Martin and Martin Najat. While Funded Trading Plus offers a maximum allocation capital of $2,500,000, City Traders Imperium extends up to $4,000,000, showcasing their commitment to supporting traders’ growth.
Funding Program Options
Both firms offer diverse funding programs. Funded Trading Plus includes a one-step evaluation, two two-step evaluations, and instant funding, whereas City Traders Imperium offers a one-step evaluation, a two-step evaluation, and instant funding, catering to a variety of trader preferences.
Instant Funding Program Comparison
- Profit Target: 5% for Funded Trading Plus and 10% for City Traders Imperium.
- Daily Drawdown: Not specified for either firm.
- Overall Drawdown: 5% (Trailing) for Funded Trading Plus and 5% for City Traders Imperium.
- Leverage: 1:30 for Funded Trading Plus and 1:10 for City Traders Imperium.
- Trading Period: No limit for both firms.
- Profit Split: 70% to 90% for Funded Trading Plus and 60% to 100% for City Traders Imperium.
Pricing for Account Sizes
The pricing for various account sizes at both firms is as follows:
- $5,000: $225 with Funded Trading Plus; $299 with City Traders Imperium.
- $10,000: $450 with Funded Trading Plus; $599 with City Traders Imperium.
- $25,000: $1,125 with Funded Trading Plus; $1,499 with City Traders Imperium.
- $50,000: $2,250 with Funded Trading Plus; $2,999 with City Traders Imperium.
- $75,000: Not available with Funded Trading Plus; $4,499 with City Traders Imperium.
- $100,000: $4,500 with Funded Trading Plus; $5,999 with City Traders Imperium.
Brokers & Trading Platforms
Funded Trading Plus partners with Eightcap, and City Traders Imperium works with a Tier-1 Liquidity Provider. Both firms utilize MetaTrader platforms, with Funded Trading Plus offering both MetaTrader 4 and MetaTrader 5, and City Traders Imperium providing MetaTrader 5.
Trading Instruments
Both firms provide access to Forex pairs, commodities, and indices. However, Funded Trading Plus also offers opportunities in cryptocurrencies, broadening its trading options.
Community Feedback
Community feedback is crucial for evaluating a firm’s reputation. Trustpilot shows Funded Trading Plus with a higher rating of 4.9/5 from 1,788 reviews compared to City Traders Imperium’s 4.8/5 rating from 922 reviews, indicating a slight edge in popularity for Funded Trading Plus.
Conclusion
In conclusion, Funded Trading Plus and City Traders Imperium both offer excellent opportunities for proprietary traders, each with unique features in their instant funding programs, trading rules, pricing structures, and community feedback. Their diverse funding program options cater to a variety of trader preferences and strategies.