City Traders Imperium (CTI) is a well-known prop trading firm from the United Arab Emirates.
But is City Traders Imperium a scam?
No, it isn’t!
Our review and experience show that City Traders Imperium is a safe proprietary trading firm.
Sign up with City Traders Imperium now!
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Table of Contents
Key Takeaways
- City Traders Imperium is a safe and legitimate prop trading firm that offers trading programs for all experience levels. You can skip the evaluation process and get a direct funding account. And their profit share goes up to 100%
- No minimum trading days. You can get a funded account on day 1 if you pass their challenge. They will also level up your account as soon as you reach the 10% profit target
- Read our full review of CTI for a deep dive into their pros, cons, features, and all details
About City Traders Imperium
City Traders Imperium is a prop firm that was founded in 2018. They initially operated in the UK but are currently headquartered in Dubai. Co-founders Martin Najat and Daniel Martin lead the company.
Name | City Traders Imperium |
---|---|
Website | citytradersimperium.com |
Company | CTI FZCO |
Address | IFZA DDP Building A2, OasisIndustrial Area, Industrial Area, Dubai, United Arab Emirates |
CEO | Daniel Martin |
Founder | Martin Najat, Daniel Martin |
Founded | 2018 |
Contact | Live Chat, Mail |
[email protected] | |
Phone Number | not available |
Starting Capital | $2,500 to $100,000 |
Profit Share | 50% to 100% |
Evaluation | 0 days |
Fee | $39 to $4,799 (refundable for 2-step accounts) |
Payment Methods | Credit Card, Crypto (Bitcoin, Ethereum, Tether), Wire Transfer, PayPal |
Instruments | CFDs |
Platform | MetaTrader 5 |
Withdrawals | twice per month to once per week |
Languages | English |
CTI operates under CTI FZCO, a limited company registered in the UAE. Our findings show that City Traders Imperium has a high pass rate for their funding programs. This prop firm has funded more than 21,000 traders and paid over $367 million to them.
Based on our tests, CTI appears to be a safe and legitimate prop trading platform. They also have good reviews both on Trustpilot (4.6 stars) and Google (4.9 stars).
Safety and Regulation
CTI has been operating legally since 2018, with positive user reviews and a large community of funded traders. They are partnered with a highly regarded prime liquidity provider regulated by CySEC in Cyprus.
Furthermore, CTI operates under CTI FZCO, a limited company registered in the United Arab Emirates. This adds another layer of accountability to their operations.
They offer fast customer support, flexible rules, easy challenges suitable for beginner traders, and more. This focus on clear communication and support shows their commitment to a safe and reliable trading environment.
Accepted Countries
Even though City Traders Imperium offers its services internationally, some countries are restricted due to legal or regulatory reasons. According to their official website, this includes the US, North Korea, Cuba, Syria, and Iran. Here’s a list of eligible and restricted countries:
- Australia: Yes, registration is possible
- Canada: Yes, registration is possible
- Ghana: Yes, registration is possible
- Hong Kong: Yes, registration is possible
- India: Yes, registration is possible
- Ireland: Yes, registration is possible
- Kenya: Yes, registration is possible
- New Zealand: Yes, registration is possible
- Nigeria: Yes, registration is possible
- Pakistan: Yes, registration is possible
- Philippines: Yes, registration is possible
- Singapore: Yes, registration is possible
- South Africa: Yes, registration is possible
- United Kingdom: Yes, registration is possible
- United States: No, registration isn’t possible
Evaluation Process
City Traders Imperium offers two main evaluation programs: Instant Funding and Direct Funding. The Instant Funding program has two variations: 2-step & 1-step. The 2-step program is designed for experienced traders. The rules are challenging, but the return is better.
The 1-step program features a single evaluation phase with no time limit or minimum trading days. This trading account is designed for beginners with smaller account sizes and easier targets.
Both Instant Funding options (1-Step and 2-Step) offer a chance to earn a monthly salary of up to $500 if you pass the evaluation. If you’re confident in your skills and prefer to skip the evaluation entirely, the Direct Funding program allows immediate access to a funded account.
CTI will take a larger share of your profits, which will be 60% initially. But you have the option to increase your profit share by up to 100%. Here is a breakdown of all their funded trading programs:
No-Evaluation
This program allows you to start trading with their capital immediately. There is no need to prove your trading skills beforehand. However, it comes with a higher one-time fee, ranging from $599 to $4,799.
If you are a professional trader, we suggest going with this program. You can choose from a starting capital range of $10,000 to $80,000. There is no daily or trailing drawdown. The max loss limit is 6%.
The profit target is the same, which is 10%, and the initial profit is split 60/40, meaning you get to keep 60% of your earnings. You can also grow your account size all the way to $2 million by scaling up and keeping 100% of your profits.
Starting Capital | $10,000 | $20,000 | $40,000 | $60,000 | $80,000 |
---|---|---|---|---|---|
Profit Target | $1,000 | $2,000 | $4,000 | $6,000 | $8,000 |
Maximum Daily Loss | – | – | – | – | – |
Maximum Loss | $600 | $1,200 | $2,400 | $3,600 | $4,800 |
Minimum Trading Days | – | – | – | – | – |
Fee (refundable) | $599 | $1,199 | $2,399 | $3,599 | $4,799 |
Discount | Check now | Check now | Check now | Check now | Check now |
1-Step
This program has only one phase. Pick a starting account size between $4,000 and $80,000 and hit the 10% profit target to get a funded account. There is no time limit or daily loss limit.
However, the maximum loss limit is 6%. Compared to their 2-step program, this one has easier challenge rules. Depending on your account size, you will need to make a one-time payment ranging from $59 to $999.
Keep in mind that this fee isn’t refundable. During the evaluation period, the profit split will be 50/50. However, you can increase the profit share by up to 100% when you scale up your account.
Starting Capital | $4,000 | $10,000 | $20,000 | $40,000 | $60,000 | $80,000 |
---|---|---|---|---|---|---|
Profit Target | $400 | $1,000 | $2,000 | $4,000 | $6,000 | $8,000 |
Maximum Daily Loss | – | – | – | – | – | – |
Maximum Loss | $240 | $600 | $1,200 | $2,400 | $3,600 | $4,800 |
Minimum Trading Days | – | – | – | – | – | – |
Fee (refundable) | $59 | $149 | $299 | $499 | $749 | $999 |
Discount | Check now | Check now | Check now | Check now | Check now | Check now |
During phase 1, your trading capital will be smaller, about 4 times less than the actual account size. For example, if you choose the $4000 account size, you will only get $1000 in your demo account.
Hit that 10% profit target, and you will get a funded account that is 4 times larger than your starting size. And if you manage to make a 10% profit on day 1, you will get your funded account on the same day.
2-Step
The 2-Step funded trader program has two phases. For phase 1, you will be given a practice account to test your skills. You can choose a starting balance between $2,500 and $100,000. Your goal is to generate 10% profit.
For example, let’s say you pick $2,500. To pass this phase, you will need to make 10% profit meaning you will need to increase your account to $2,750. There is no time limit. You can trade at your own pace. But you have to trade for at least 5 days.
Phase 2 lowers the profit target to $5,000. It has the same rules as Phase 1. Once you pass both, you’ll get a funded account. The profit split for this program is 80/20.
There is a one-time fee, which ranges from $39 to $519, depending on the account size you select. CTI will refund this fee if you pass their evaluation. Qualified traders can also enjoy benefits like rapid scaling plans and even a monthly salary.
Starting Capital | $2,500 | $5,000 | $10,000 | $25,000 | $50,000 | $100,000 |
---|---|---|---|---|---|---|
Profit Target | $250 | $500 | $1,000 | $2,500 | $5,000 | $10,000 |
Maximum Daily Loss | $125 | $250 | $500 | $1,250 | $2,500 | $5,000 |
Maximum Loss | $250 | $500 | $1,000 | $2,500 | $5,000 | $10,000 |
Minimum Trading Days | 5 | 5 | 5 | 5 | 5 | 5 |
Fee (refundable) | $39 | $59 | $99 | $179 | $329 | $519 |
Discount | Check now | Check now | Check now | Check now | Check now | Check now |
Challenge Trading Rules
Listed below are the challenge rules that you need to follow:
- Profit Target
- Profit Split
- Trading Period
- Minimum Trading Days
- Maximum Daily Loss
- Maximum Loss
- Maximum Position Size
- Maximum Capital Allocation and Multiple Accounts
- Trading Types
- Leverage
- Trading Style
- Trading Hours
- News Trading
- Weekend and Overnight Trading
- Expert Advisor
- Copy Trading
Profit Target
All CTI funding programs require achieving a specific profit target to get funded. This target is set at 10% of your starting account balance.
Profit Split
City Traders Imperium has a tiered profit-sharing program. For their 1-Step program, you start with a 50% profit share, but this goes up to 100% when you scale up. On their 2-Step program, your begin with an 80% profit share and can climb to 100%.
Their No-Evaluation program offers a 60% profit share to begin with. As you scale your account, you can keep 100% of your profits. Here is the tiered profit-sharing structure depending on the program you choose:
- 2-Step Program: 80% to 100% profit share
- 1-Step Program: 50% to 100% profit share
- No-Evaluation Program: 60% to 100% profit share
Trading Period
There is no limit on maximum trading days.
Minimum Trading Days
There is no minimum number of trading days required for their 1-step evaluation program. However, for the 2-step challenge you’ll need to actively trade for at least 5 days in each phase (1 and 2) to progress.
Maximum Daily Loss
In their 2-step challenge, the maximum daily loss limit is set at 5% of your starting account balance. Based on account size, here’s what the daily loss limit is:
- $2,500 Starting Capital: $125
- $5,000 Starting Capital: $250
- $10,000 Starting Capital: $500
- $25,000 Starting Capital: $1,250
- $50,000 Starting Capital: $2,500
- $100,000 Starting Capital: $5,000
The maximum daily loss feature isn’t applicable in the 1-step evaluation program or the no-evaluation option.
Maximum Loss
The maximum loss limit varies by program. The 2-Step Funded Plans offer a generous 10% maximum loss limit on your starting capital. On the other hand, the 1-Step and No-Evaluation Plans provide a stricter 6% limit.
Maximum Position Size
We haven’t found any details related to the maximum position size on City Traders Imperium’s website. But they do have a helpful forex position size calculator to help you determine the appropriate amount to invest in a single trade.
Maximum Capital Allocation and Multiple Accounts
The number of accounts and maximum capital allocation depends on the program you choose. For the 1-Step Evaluation, each funded account can scale up to $2,000,000.
By holding two of these accounts, you can reach a total maximum allocation of $4,000,000. For the 2-Step Challenge, the maximum allocation is $200,000 for a single account.
You can also achieve this maximum by holding two initially funded $100,000 accounts. Drawing from our own experience, we found that City Traders Imperium limits users to a maximum of 2 funded accounts.
Trading Types
City Traders Imperium allows trading a variety of financial instruments, including Forex majors and minors, commodities, major stock indices, and cryptocurrencies.
Leverage
CTI offers higher leverage for Forex, Stock Indices, and Commodities (1:10) for their 1-Step program (up to PM LV4). At PM LV4 and above, leverage for Forex jumps to 1:33.
For their 2-Step program, the leverage is 1:10 for Commodities and Indices and 1:33 for Forex trading. On both programs, the leverage for crypto is 1:2.
Trading Style
CTI allows trading with the style that suits you best, whether it’s day trading, swing trading, or anything in between. They also strongly recommend using the stop-loss rule to manage risk. In fact, their system will automatically close any trade without a stop loss within 1 minute to protect your account.
Trading Hours
The available trading hours vary depending on the specific instrument.
- Forex: Monday to Thursday: 00:01 to 23:58 Friday: 00:01-23:57 GMT +2
- Indices: Monday to Friday: 01:00 to 24:00 GMT +2
- Commodities: Monday – Friday ( 01:00 – 24:00 ) GMT +2
- Crypto: 24 hours, 7 days a week
News Trading
You can trade during news releases, but CTI doesn’t allow EAs that exploit news for super-fast trades.
Weekend and Overnight Trading
CTI allows weekend and overnight trading for most instruments.
Expert Advisor
CTI lets you use your own custom EAs to automate your trades. However, they don’t allow third-party EAs. To ensure a fair and sustainable trading environment, CTI prohibits certain methods, including:
- Multi-Account Reverse Trading
- News Scalping EAs
- Use of Emulators
- Hedge Arbitrage Trading
- Reverse Arbitrage Trading
- Tick-Scalping Strategies
- Latency Arbitrage Trading
- Ultra-Fast Scalping
- High-Frequency Trading (HFT)
- Grid Style Trading
- Martingale Style Trading
- Copy Trading of Other Person’s Signals
Copy Trading
You can copy your own trades between your personal and funded accounts but with proof. Copying others’ trades through trading tools or software is not allowed.
Trading Platforms
Based on our own experience, we found that CTI allows MetaTrader 5 for trading. You can’t use any other trading platforms besides this.
Trading Instruments
CTI provides access to a variety of trading instruments through the MT5 platform. Here is a list of instruments you can trade:
Forex
- Majors: EURUSD, GBPUSD, NZDUSD, AUDUSD, USDCHF, USDCAD, USDJPY
- Minors: EURGBP, EURNZD, EURAUD, EURCHF, EURCAD, EURJPY, GBPNZD, GBPAUD, GBPCHF, GBPCAD, GBPJPY, NZDAUD, NZDCHF, NZDCAD, NZDJPY, AUDCHF, AUDCAD, AUDJPY, CADCHF, CADJPY, CHFJPY
Commodities
- Gold
- Silver
- Oil
Stock Indices
S&P500, US30, US100, DAX, UK100, F40, JP225, STOXX50, AUS200, .CHC50, ES35, N25, SWI20, RUS2000
Crypto
- BTCUSD (Bitcoin)
- ETHUSD (Ethereum)
- LTCUSD (Litecoin)
- ADAUSD (Cardano)
- XRPUSD (Ripple)
We listed CTI in the Top 3 Options Prop Trading Firms.
Brokers
CTI doesn’t directly handle your trades like a broker. They partner with Broctagon, a regulated broker, to execute trades for their funded accounts. This broker is regulated by CySEC in Cyprus.
Other Products
They have some great products to help new traders. You can also brush up on your trading skills with these resources.
CTI Academy
The CTI Academy offers courses to help you become a forex trading master. They teach advanced strategies, technical analysis tools, and the psychology needed to succeed.
Blog
Their blog has something for everyone interested in trading. You can learn how to read charts with their technical analysis guides. They also offer clear tips on risk management to help you avoid mistakes. They even have a knowledge base packed with answers to all your investing questions.
Tools
Here is a list of tools that CTI provides:
- Risk Calculator: Estimates potential losses on trades.
- Position Calculator: Helps figure out investment amounts.
- Drawdown Calculator: Tracks how much your investment might fluctuate.
Community
CTI also has a Discord community for traders. You can connect with other users and discuss investment topics, ask questions, and more.
Prices and Challenge Fees
There are no monthly charges. All the fees are one-time. See the summary below:
No-Evaluation
- Account Size $10,000: $599
- Account Size $20,000: $1199
- Account Size $40,000: $2399
- Account Size $60,000: $3599
- Account Size $80,000: $4799
1-Step
- Account Size $4,000: $59
- Account Size $10,000: $149
- Account Size $20,000: $299
- Account Size $40,000: $499
- Account Size $60,000: $749
- Account Size $80,000: $999
2-Step
- $2,500 Starting Capital: $39
- $5,000 Starting Capital: $59
- $10,000 Starting Capital: $99
- $25,000 Starting Capital: $179
- $50,000 Starting Capital: $329
- $100,000 Starting Capital: $519
Payment Methods and Payout System
You can pay directly through your Client Dashboard using credit/debit cards. They also accept popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) on the Tron (TRX) network.
For withdrawal, CTI offers payouts via two methods: Crypto (USDT on Tron TRX network) and Bank Transfer. Once you’re eligible for payouts, a withdrawal button will appear on your dashboard.
To request a payout, you must have a minimum of $50. You can request your first payout after 10 days of active trading. Payout frequency can improve from every 10 days to bi-weekly or even weekly, depending on your account size.
Registration and KYC
Here is how to register at CTI:
- Head over to the CTI website.
- Look for the “Dashboard Login” button at the top right corner. Click it, then select “Create new account” at the bottom.
- Enter your full name and email address, and create a password.
- You can also add your years of trading experience (optional).
- Click “Sign Up for Free“
- Check your inbox for a verification code from CTI and enter it on the next page.
- You’ll see three account options on the screen. Choose the one that suits your needs.
KYC verification happens automatically after you complete their evaluation or challenge, or before your first withdrawal (if you choose not to take the evaluation). You won’t need to send anything yourself. The system will handle it automatically through SumSub.
In case you do need to manually provide documents, they’ll ask for a photo ID (like a passport or driver’s license), proof of address (like a recent utility bill), and a selfie holding your ID for verification.
Discount and Promo Code
CTI occasionally offers discounts on some account types (depending on the starting amount). Look for vouchers or promo codes at the top of their homepage to save on your initial investment.
While we haven’t seen any codes at the time of reviewing, you can subscribe to their newsletter to stay updated on future promotions.
Free Trial and Demo Account
CTI offers a public test account so you can try out their platform before investing real money.
Mobile App
CTI does not have a dedicated mobile app. However, you can still access your dashboard through your mobile browser.
Customer Service and Support
CTI offers a comprehensive FAQ section to help you find answers quickly. It covers a wide range of important topics, including detailed information on trading plans.
For more specific questions, you can reach their customer support team via live chat during business hours. You can also email their support team directly at [email protected].
Taxes
CTI treats its traders as independent contractors, so you’re responsible for reporting and paying your own taxes based on your country’s rules.
Since traders receive payouts monthly, you will need to consult a local accountant to understand your specific tax situation and ensure you’re filing taxes correctly. Learn more in our dedicated guide about “Prop Trading Taxes“.
Alternatives to City Traders Imperium
Here are some alternatives and top prop trading firms, each with their own unique advantages:
Funded Trading Plus (FTP)
Funded Trading Plus is a well-regarded prop firm that stands out for its focus on education and community. You can find a variety of educational resources, including webinars and live streams, to help traders improve their skills.
Apex Trader Funding
Apex Trader Funding focuses on futures markets and boasts a fast, two-step evaluation process to get funded quickly. They’re known for a trader-centric approach with competitive payouts and a large, global community for support.
The Funded Trader Program
The Funded Trader Program offers a wider range of account sizes, allowing you to scale up progressively as you gain experience. They also give a 95% profit share. This could be attractive to traders looking to maximize their earnings.
Conclusion
City Traders Imperium has been around for a while in the prop trading industry and has built a good name for itself among traders. All the reviews say they’re transparent, treat customers well, and follow the rules.
We can also vouch for it. Our experiences with them have been positive so far. The bottom line is that CTI is a legit Forex prop firm and not a scam. They offer account sizes to fit any budget, from small starters to big investors.
Sign up with City Traders Imperium now!
Make sure you understand their programs, fees, and what you’re getting into. City Traders Imperium is ready when you are. So, sign up today and discover your trading potential.
Frequently Asked Questions
Here are the most commonly asked questions about the firm.
Is City Traders Imperium legit or a scam?
CTI is a legit forex prop firm. You can learn more about this in the “Safety and Regulation” section.
Is City Traders Imperium regulated?
No, but they are partnered with a reputable broker. Click on “Safety and Regulation” to find out more.
What is City Traders Imperium?
City Traders Imperium is a prop firm that offers funded trading accounts. Check out “About City Traders Imperium” for more details.
Which broker does City Traders Imperium work with?
City Traders Imperium works with Broctagon from Cyprus. You can find more information about this in the “Brokers” section.
How many City Traders Imperium accounts can I have?
The limit is two funded accounts per trader. Read about this in the section “Challenge Trading Rules“.
Where is City Traders Imperium based?
City Traders Imperium is based in Dubai, United Arab Emirates. This is explained in more detail in the “About City Traders Imperium” section.
Does City Traders Imperium allow the use of an Expert Advisor or Copy Trading?
Yes, CTI allows the use of both EA and Copy Trading, but with certain conditions. Check out the sections on “Expert Advisors” and “Copy Trading“.
Is City Traders Imperium legal in the US?
No. They don’t offer their services to US clients. Check out “Accepted Countries” for more information.
How long has City Traders Imperium been around?
City Traders Imperium has been around since 2018. This is explained in more detail in “About City Traders Imperium“.
How much does City Traders Imperium cost?
City Traders Imperium costs vary, ranging from $39 to $4799 depending on the account size. See “Prices and Challenge Fees” for more information.
How often does City Traders Imperium pay out?
City Traders Imperium offers first payouts after 10 days, then offers monthly or weekly payouts depending on your account status. Check out “Payment Methods and Payout System” for more information.
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