- One-step and two-step evaluations with up to $4 million funding.
- 4.8/5 Trustpilot rating with a one-time free retake for Day Trading.
- Weekly withdrawals, aggressive scaling, and up to 100% profit split.
- Flexible challenge timelines, including unlimited for Instant funding.
- Quality trader education with a proprietary Risk Manager Tool.
- News trading allowed with no daily loss rule for Instant funding.
FTUK
- Instant funding with a single-phase evaluation and 4.6/5 Trustpilot rating.
- Supportive team allowing weekend/overnight positions and news trading.
- Zero commission on various assets, no swap charges, and swift payouts.
- 80% profit share, 1:100 leverage, and manage up to 3x $5,760,000.
- Starting leverage of 1:10
- 2% Max stop loss risk limit
- Lot size consistency rule
Rules 📋
City Traders Imperium
Maximum Daily Loss, Maximum Loss, Maximum Trading Days, Minimum Trading Days, No Weekend Holding, Profit Target, Stop Loss Required, Third Party Copy Trading Risk, Third Party EA Risk
FTUK
Lot Size Consistency, Maximum Loss, No Martingale Allowed, Profit Target, Stop Loss Required, Stop Loss Risk Per Position, Third Party Copy Trading Risk
Deposit 🏧
City Traders Imperium
Credit/debit cards, Crypto, PayPal, Bank Wire Transfer
City Traders Imperium (CTI) has established itself as a reputable prop trading firm since their inception in July 2018. Catering to both novice and experienced traders, CTI offers a gamut of funding options, including one-step and two-step evaluations, with potential funding of up to $4 million. Recognized for its exceptional customer service, CTI boasts a high 4.8/5 Trustpilot rating, indicative of a trustworthy and trader-centric environment.
Understanding FTUK's Offering
FTUK, a newer player in the market with its start in December 2021, aims to streamline the path to successful prop trading by providing traders with instant funding after a single-phase evaluation. Balancing innovation with trader support is key for FTUK, as reflected by their 4.6/5 Trustpilot rating. They also underscore flexibility in trading styles, as they permit weekend and overnight positions alongside news trading, offering a much-welcomed breadth of strategic freedom.
Comparing Profit Models and Growth Potential
CTI stands out with its aggressive scaling plan and a tempting offer of up to 100% profit split, placing itself at a competitive advantage for traders looking to maximize their earnings. Additionally, CTI's weekly withdrawal option is attractive for those seeking more regular access to their profits.
Conversely, FTUK also presents an alluring profit share scheme of 80%, paired with the ability to manage substantial funds up to 3x $5,760,000. Their proposed 1:100 leverage is relatively high, catering well to traders with a risk-tolerant mindset.
Analyzing the Cons and Trading Requirements
CTI's insistence on a mandatory stop-loss rule and low leverage of 1:10 may be perceived as restrictive by traders who prefer greater risk-taking and those strategies that utilize high leverage. Meanwhile, FTUK’s starting leverage of 1:10, accompanied by a 2% maximum stop-loss risk limit and lot size consistency rule, indicates a cautious but cogent approach to money management.
Funding and Earning Approaches
When it comes to the initial phases of trading, CTI and FTUK both offer standard methods for account funding, including credit/debit cards and crypto options. However, CTI provides a wider array, such as PayPal and Bank Wire Transfer, which might be more appeasing to a broader spectrum of users around the globe.
In terms of accessing earnings, CTI again leads with flexible withdrawal methods through popular mediums like Paypal, Revolut, and Wise, supporting the notion of trader convenience. Contrastingly, FTUK relies on traditional Bank Wire Transfers, Crypto, and Deel payouts, which may limit instant liquidity options for traders.
Diversity of Trading Opportunities
Both prop firms offer a variety of tradeable instruments with CTI focusing on Indices and Metals, whereas FTUK expands this spectrum to include Commodities and Forex. This broad selection in FTUK's lineup may bear more appeal to traders with interests in diverse markets or with specific trading knowledge in areas like commodities and currency pairs.
Account Diversity and Accessibility
The range of account sizes at CTI is vast, accommodating a wide range of traders' needs, from budgets as low as $1,000 to as high as $100,000 USD. FTUK, however, provides their account sizes in major currencies such as EUR, GBP, and USD, which could be viewed as an attempt to cater to a European audience alongside international traders.
Final Thoughts
In conclusion, both City Traders Imperium and FTUK offer robust programs for retail traders looking to enter the prop trading arena. CTI shines with higher profit splits, weekly withdrawals, and educational tools, while FTUK appeals to those favorable towards instant funding, 1:100 leverage, and a diverse asset range. While CTI suits those looking for structure and high profit-sharing, FTUK may be the go-to for traders seeking rapid entry into the market and leverage-driven strategies. Ultimately, the choice between these two firms rests on the trader's individual preferences, risk appetite, and strategic approach to the markets.
