You will be using MetaTrader 4 (commonly known as MT4); the top choice for most FX traders as we want to accommodate all traders.
Why wouldn’t you? We want you to trade at the top of your game with the techniques (Indicators, scripts, EAs). You have established for yourself with MT4 platform.
Yes; MT4 can be downloaded on via the google play store, or the Apple app store. Please get in touch if you are having issues downloading MT4 on your mobile device!
The broker’s name is confidential. We use a 3rd party technology provider who connects us with multiple brokers to ensure best price execution. It is vital you understand that you’re one of our traders and not the broker’s client. CTI is the broker’s client; Hence, you do not need to worry about any risks you may incur.
If you require any support with your trading or need any help with our tech, then please do not hesitate to contact our support via email: Info@citytradersimperium.com and we’ll happily go above and beyond to help you!
The commission rate is $9 per 1 standard lot, and the overnight swap fees will be collected and/Or paid nightly.
No, all the CTI trading accounts we provide (and all the capital associated with it) are legally owned by our investors. We provide you with trading capital as per our terms and conditions.
It is to show us, and yourself, that you can trade responsibly and profitably consistently because these are the attributes we want with our traders!
You’d be doing a good job! In this situation, carry on trading the same way until you meet all the time and trade requirements. We use the trade quantity and time requirements to show us that you will be a responsible trader when you trade our capital. What if I hit the evaluation target early with fewer trades and less time?
6 months, after which are allowed to ask for an extension twice. Each extension is for 1 month. So in total, you will have 8 months to pass the evaluation. However, to be eligible for the extension, you must (1) Be at least 2.5% in profit, (2) Not have violated any of our terms and conditions.
Please contact us at email@example.com with the subject “evaluation extension” and provide us with the details on your situation and we will look into your extension.
In a nutshell, to cover your loss during the evaluation period (Plus admin fee to set up the account for you).
We want traders who are confident in their strategy that believe that they’ll be able to prove themselves. If you don’t feel that you are there yet, then please get in touch with us so we can see what we can do to help you get there!
- A fully funded account ready to trade.
- 50% monthly profits payouts.
- No trading losses hurting you financially (No liability for any losses).
- CTI’s support.
- Automatic entry 2X for 10% – your account will be doubled for every 10% you net.
- Risk Management: we measure this via a drawdown of no more than 4%.
- Max Risk per Trade: A stop loss in all trades exceeding no more than 1.5% of the account balance.
- The max an open position exposure can have is 5 to 1.
The max exposure rule for all accounts is 5:1. We look at lot size and not the actual $ value of a position. We calculate the max exposure based on the maximum lot size opened at the same time.
Indeed you can, and over the weekend, if you want to. We do not want to make it hard for you to implement a strategy that you did work by imposing needless restrictions.
You’ll be paid automatically every month! You don’t have to do a thing, except telling us where you want your owed profits to be paid.