City Traders Imperium is a forex capital trading firm based in the UK, established in 2018, specializing in providing funded accounts and supporting various trading products including forex, indices, metals, commodities, and cryptocurrencies.

Key Features

• Trading Products: Forex, indices, metals, commodities, cryptocurrencies, etc.
• Maximum Account Funding: $2,000,000
• Profit Sharing: Up to 100%
• Fees: Starting from $39
• Trading Platform: MetaTrader 5

Pros and Cons

Pros

• Provides instant capitalization.
• No minimum time limit, capitalization can be obtained on the same day.
• Allows weekend and overnight trading.
• Accounts can be expanded up to $4,000,000.
• Stop loss limits are based on account balance rather than equity.

Cons

• Profit sharing for direct funding starts from 50%, which is generally comparable to other instant funding companies.
• Maximum leverage limit is 1:33.

Trading Products

City Traders Imperium offers a variety of trading products, including:

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

Account Sizes

City Traders Imperium provides different-sized funding accounts ranging from $2,500 to $100,000, expandable based on trading performance up to a maximum of $2,000,000.

Leverage and Profit Sharing

Different trading plans offer varying leverage ratios:

• Direct Capitalization: Up to 1:33
• Instant Funding: Forex up to 1:33, indices and commodities 1:10, cryptocurrencies 1:2
• Challenge Plans: Forex, indices, commodities up to 1:33, cryptocurrencies 1:2

Profit sharing varies depending on the selected product:

• Direct Capitalization: Starts from 60%, up to 100%
• Instant Funding: Starts from 50%, up to 100%
• Challenge Plans: Starts from 80%, up to 100%

Challenge Plans

Challenge plans aim to help traders maximize their earnings quickly. The plan is divided into two stages with specific requirements for traders to receive funding support:

• Minimum Trading Days: 5 days.
• Maximum Challenge Period: No maximum limit, can be selected according to personal speed.
• Daily Maximum Drawdown: Calculated from 5% of the daily balance.
• Maximum Absolute Drawdown: Calculated from 10% of the initial capital.
• Profit Target: 10% in the first stage, 5% in the second stage.

The rules of the challenge plan are largely the same across two stages, with the only exception being the profit target. In the first stage, it is set at 10%, while in the second stage, it decreases to 5%.

Instant Funding Scheme

The instant funding scheme applies to all traders with no minimum trading days requirement. The plan requires meeting the following conditions to receive funding support:

• Maximum Challenge Period: No time limit, can be completed at personal pace.
• Daily Maximum Drawdown: No daily drawdown limit.
• Maximum Absolute Drawdown: Calculated from 6% of the initial capital.
• Profit Target: 10%.

Direct Funding Scheme

Designed for professional traders, the direct funding scheme provides capital support from day one without undergoing an evaluation process. The only rule for this scheme is:

• Maximum Absolute Drawdown: Calculated from 6% of the initial capital.

Through these funding schemes, City Traders Imperium offers traders flexible options whether they seek rapid capital support through challenges or directly utilize their professional skills for trading.

EA Regulations

City Traders Imperium allows traders to use Expert Advisors (EAs) for trading but restricts certain types of strategies:

Prohibited EAs/Strategies include Martingale strategies, HFT (High-Frequency Trading), ultra-fast scalping strategies, latency arbitrage trading, tick scalping strategies, reverse arbitrage trading, hedge arbitrage trading, and simulators.

News Trading

There are specific restrictions concerning news trading:

• Trading using pending bracket orders is prohibited. Placing buy and sell pending orders before news releases and expecting one to be triggered for trend following operations is illegal and highly risky.
• News scalping EAs are not allowed. Attempting to use fast scalping techniques during news releases will not be permitted.

Considerations

• Traders can test the platform through City Traders Imperium's free trial period, evaluating spreads, commissions, lot calculations, and execution speeds.
• City Traders Imperium offers traders a free repeat use opportunity for those wishing to participate in challenge plans again.
• The popular trading platform MetaTrader 5 is available for use by traders.
• At City Traders Imperium, there are no restrictions on overnight positions, which also applies to weekend positions. Traders can freely choose to hold positions based on their trading style. However, caution should be exercised regarding intraday and weekend market gaps.

In conclusion, City Traders Imperium provides diverse and reliable trading options for global traders through its flexible account selections, extensive trading products, and various funding schemes. The company's profit-sharing structure and challenge plan designs reflect its support and encouragement for traders of different experience levels seeking funding opportunities.