Introduction
Welcome to our comprehensive comparison of City Traders Imperium (CTI) and FundedNext funded trading programs. As traders who have experienced both of these firms, we aim to provide you with an unbiased analysis of their key features, funding programs, and overall trading experience. Let’s delve into the details and help you make an informed decision about which program suits your trading aspirations.
Prop Firm Details | Funded Next | City Traders Imperium |
Year Founded | 2022 | 2018 |
Maximum Balance | $4,000,000 | $2,000,000 |
Tradeable Assets | Forex Indices Metals Commodities |
Forex Indices Metals Commodities |
Challenge Type | One-Step Evaluation Two Step Evaluation |
One-Step Evaluation Two Step Evaluation Instant Funding |
Trading Platforms | MT4 | MT5 |
Trading Hours | Holding Overnight Holding Over Weekend |
Holding Overnight Holding Over Weekend |
Copy Trading | ✅ | ✅ |
News Trading | ❌ | ✅ |
EAs | ✅ | ✅ |
Trust Pilot Rating⭐ | 4.6 / 5.0 | 4.8 / 5.0 |
Trust Pilot Reviews | 3,923 | 834 |
Payment Types | Wire Transfer Paylpal Crypto Payoneer Coinbase Revolut Wise |
Wire Transfer Crypto Paypal |
One Step Rules | FundedNext | City Traders Imperium |
Profit Target | 25% | 9% |
Max Daily Loss | 5% | ❌ |
Max Daily Drawdown | ❌ | ❌ |
Max Loss | 10% | 5% |
Max Drawdown | ❌ | ❌ |
Minimum Trading Days | 10 | ❌ |
Maximum Trading Days | ❌ | ❌ |
Profit Split | 60%, up to 90% | 70%, up to 90% |
Two Step Rules | FundedNext | Lux Trading Firm |
Profit Target Step 1 | 10% | 10% |
Profit Target Step 2 | 5% | 5% |
Max Daily Loss | 5% | 4% |
Max Daily Drawdown | 5% | ❌ |
Max Loss | 10% | 10% |
Max Drawdown | 10% | ❌ |
Min Trading Days Step 1 | 5 | 5 |
Min Trading Days Step 2 | 5 | 5 |
Max Trading Days Step 1 | 30 | 45 |
Max Trading Days Step 2 | 60 | 45 |
Profit Split | 80%, up to 90% | 80%, up to 100% |
Funding Programs
City Traders Imperium (CTI) offers three distinct funding programs: Challenge, Instant Funding, and Direct Funding. The Challenge program is designed for traders seeking higher drawdown and more leverage, while the Instant Funding program provides moderate risk-seeking flexibility and exponential growth. The Direct Funding program allows traders to skip the first level of the instant funding phase and gain immediate access to payouts.
On the other hand, FundedNext offers three funding models: Evaluation Model, Express Model, and Stellar Challenge. The Evaluation Model provides a structured approach for traders to showcase their skills and progress in their trading journey. The Express Model offers flexibility and allows traders to trade at their own pace, focusing on achieving their desired results. The Stellar Challenge boasts the best prop trading conditions, with no time limit and a balance-based drawdown calculation.
Profit Sharing
CTI offers up to 100% profit share to funded traders, allowing them to maximize their earnings. FundedNext, on the other hand, offers profit sharing of up to 15% from the profit traders make during the challenge phases. Both programs provide attractive profit-sharing options, but CTI offers a higher profit share percentage.
Trading Environment
CTI provides a flexible trading environment with razor-tight spreads, low commissions, and supports diverse trading styles. They allow traders to utilize Expert Advisors (EAs), engage in weekend and overnight trading, and trade during news events, enhancing trading opportunities. FundedNext prioritizes offering the best trading conditions, including raw spreads and low commissions, maximizing traders’ potential for success.
Payouts and Time Limit
CTI ensures fast payouts, with traders receiving their payouts in as little as 10 active trading days after their first trade. They also offer unlimited time limits, allowing traders to take the time they need to prove their skills and secure funding at their own pace. FundedNext removes the pressure of time limits in its funding challenges, creating a more relaxed and focused trading experience.
Community and Support
CTI fosters a vibrant community of prop-funded traders, providing a collaborative platform for traders to exchange strategies, learn from one another, and access valuable insights, webinars, articles, and market reports. FundedNext also emphasizes community support but does not provide specific details about its community resources.
Conclusion
In conclusion, both City Traders Imperium and FundedNext offer unique features and benefits to traders. CTI’s funding programs cater to different risk appetites and trading styles, with generous profit sharing and fast payouts. Their flexible trading environment and supportive community make it an attractive choice for traders.
FundedNext, on the other hand, provides diverse funding models and prioritizes offering the best trading conditions. Their profit-sharing options and reliable trading environment make them a competitive option for traders.
Ultimately, the choice between CTI and FundedNext depends on your individual preferences, risk tolerance, and trading goals. We recommend carefully considering the features and benefits of each program before making your decision. Happy trading!