Crypto Fund Trader Review
So let’s start our Crypto Fund Trader Review after reading it you will understand why this Prop Firm is considered one of the most convenient for prop trading. Allowed for citizens of any country in the world, MT5 trading platform, thin spreads and many assets to trade. The peculiarity of this Prop Firm is that the deposit currency in this company is cryptocurrency. This makes it possible to make your prop trading more independent of financial control, as well as take advantage of many advantages that are not available in other prop companies. So let's start our Crypto Fund Trader Review.
- Platforms for Trading: MetaTrader 5
- Leverage: 1:100 for all assets
- Ultra-tight spreads from 0.0 (excellent conditions for scalping as well)
- Two Distinctive Investment Programs
- First Proprietary Trading Firm Specializing in Cryptocurrencies
- No Geographic Restrictions (allowed for US citizens as well)
- Extensive Selection of Cryptocurrency Pairs
- Comprehensive Range of Trading Assets (Forex, Commodities, Indices, Stocks, Cryptocurrencies)
- No Limits on Trading Days
- Initial Withdrawal Available After 15 Days
- 80% Profit Sharing
- Permission for Overnight and Weekend Positions
- Trading During News Events Permitted
Go to the Crypto Fund Trader website >>>
Expert Advisors Suitable for this Prop Firm:
Crypto Fund Trader Funded Programs
Crypto Fund Trader, operating under the legal entity RLCRATES, S.L., was established on May 14, 2021. Based in Navarra, Spain, the firm is led by CEO Alan Sánchez. It offers traders a choice between two types of accounts: a two-step evaluation and a one-step evaluation. Crypto Fund Trader partners with a tier-1 liquidity provider, ensuring that its broker offers top-notch simulated real market trading conditions.
Two-phase Evaluation Crypto Fund Trader Program
Crypto Fund Trader rules:
- Profit Target – Traders are required to reach a certain profit percentage to successfully complete an evaluation phase, withdraw earnings, or advance their trading account. The profit target for the initial phase (Phase 1) is set at 8%, while the subsequent phase (Phase 2) has a profit target of 4%. There are no specific profit targets for fully funded accounts.
- Maximum Daily Loss – Traders face a limit on the maximum percentage they can lose in a single trading day without violating the account's conditions. All account sizes are subject to a 5% maximum daily loss limit.
- Maximum Loss – There is an overarching limit on the total loss a trader can incur without breaching the account's terms. This limit is set at 10% across all account sizes.
- Minimum Trading Days – Traders must actively participate in trading for a minimum number of days to successfully pass an evaluation phase. Both evaluation phases require a minimum of 5 trading days.
- Stop-loss Required – It is obligatory for traders to set a stop-loss on each trading position before initiating it, if they wish to qualify for a reset on their funded account.
- Stop-loss Risk Per Position – Prior to entering a trade, traders must define a specific percentage for the stop-loss on each position. The maximum stop-loss allowed per position is 2%, applicable only for those seeking eligibility for a funded account reset.
Participation cost:
- $5,000 - $50
- $10,000 - $95
- $25,000 - $210
- $50,000 - $315
- $100,000 - $520
- $200,000 - $998
Crypto Fund Trader's Two-phase Evaluation program offers traders the opportunity to handle accounts ranging from $5,000 to $200,000. This program aims to identify and cultivate talented traders who can consistently generate profits and manage risks effectively throughout the evaluation. Participants enjoy the advantage of trading with a leverage of 1:100 and receiving account funding in USD.
- Phase One of the Evaluation requires traders to achieve an 8% profit target without exceeding a 5% maximum daily loss or a 10% maximum cumulative loss. There are no upper limits on the number of trading days in this phase, but traders must engage in at least five trading days to advance to the next phase.
- Phase Two lowers the profit target to 4%, maintaining the same loss restrictions as Phase One. Similar to the previous phase, there is no cap on the number of trading days, but a minimum of five trading days is required to progress to a funded account.
Upon successful completion of both phases, traders are granted a funded account with no minimum withdrawal thresholds. Continuation in this account requires adherence to the 5% maximum daily loss and 10% maximum loss rules. The first payout occurs either 15 or 30 calendar days after the initial trade placement on the funded account. Subsequent withdrawals are possible every 15 trading days or every 30 calendar days. Profit sharing is generous, with traders receiving 80% of the profits earned on their funded accounts.
The Two-phase Evaluation doesn’t have a scaling plan.
One-phase Evaluation Crypto Fund Trader Program
Crypto Fund Trader rules:
Profit Target – Traders are tasked with reaching a designated profit percentage of 10% to successfully complete an evaluation phase, withdraw earnings, or enhance their trading account. It is important to note that funded accounts do not have set profit targets.
Maximum Daily Loss – A crucial rule is the maximum daily loss limit, which caps potential losses at 4% of the account balance in a single trading day to prevent breaches.
Maximum Trailing Loss – This is defined by the difference between the highest achieved account balance and the lowest subsequent balance. Traders must ensure that this trailing loss does not exceed 6% to avoid breaching account terms.
Minimum Trading Days – To conclude an evaluation phase, traders must engage in trading for a minimum of 5 days. This requirement ensures sufficient activity to assess a trader's strategy and risk management.
Stop-loss Required – Traders must implement a stop-loss for each trading position before commencement. This is mandatory for those seeking eligibility for an account reset on their funded accounts.
Stop-loss Risk Per Position – Each trade must have a defined stop-loss, set to a specific percentage. The maximum allowed stop-loss per position is 2%, applicable to traders who wish to qualify for a reset on their funded accounts.
Participation cost:
- $5,000 - $55
- $10,000 - $105
- $25,000 - $230
- $50,000 - $345
- $100,000 - $570
- $200,000 - $1,097
Crypto Fund Trader's One-phase Evaluation offers traders the chance to manage accounts ranging from $5,000 to $200,000. This program is designed to identify and nurture traders who can generate profits and effectively manage risks during a single-step evaluation period. Participants in this program benefit from trading with a leverage of 1:100 and receiving their account funding in USD.
Evaluation Requirements:
- Profit Target: Traders must achieve a 10% profit margin.
- Maximum Daily Loss: Losses must not exceed 4% of the account balance on any given trading day.
- Maximum Trailing Loss: The trailing loss, calculated as the difference between the highest account balance and the lowest point thereafter, must not exceed 6%.
Time Constraints:
- There are no upper limits on the number of trading days during the evaluation phase, but a minimum of five trading days is required to qualify for a funded account.
Completion Benefits: Upon successfully completing the evaluation phase, traders receive a funded account with no minimum withdrawal requirements. They must continue to adhere to the 4% maximum daily loss and 6% maximum trailing loss guidelines. The first payout occurs either 15 or 30 calendar days after the first trade is placed on the funded account, with subsequent withdrawals permitted every 15 traded days or every 30 calendar days. Traders enjoy a favorable profit split, receiving 80% of the profits generated on their funded account.
The One-phase Evaluation doesn’t have a scaling plan.
The Best Prop Firm passed software are here:
Crypto Fund Trader Review and Our opinion about this Prop Firm
Why you should definitely choose This Prop Firm:
- You can trade on the MT5 platform and use a large number of expert advisors that are approved for use in Crypto Fund Trader
- You can trade in this prop company regardless of your citizenship. There are no restrictions!
- You fund your account with cryptocurrencies and withdraw your funds to crypto wallets too - this will help you bypass the strict financial control rules of your country!
- The leverage in Crypto Fund Trader is 1:100 and this makes it possible to trade using a variety of margin strategies in full!
In summary, Crypto Fund Trader stands out as a reputable and dependable proprietary trading firm, offering traders a choice between two distinct funding programs: the Two-phase Evaluation and the One-phase Evaluation.
- Two-phase Evaluation: This is a rigorous, industry-standard process that requires traders to complete two distinct phases to qualify for managing a funded account and earning 80% profit splits. In phase one, traders aim for an 8% profit target, followed by a 4% target in phase two. These targets are balanced with a 5% maximum daily loss and a 10% maximum overall loss. There are no upper limits on trading days, but each phase requires a minimum of five days of trading. It is important to note that this evaluation does not include a scaling plan.
- One-phase Evaluation: This streamlined, one-step process requires traders to achieve a 10% profit target to qualify for a funded account and the same 80% profit split. This target is set against a backdrop of a 4% maximum daily loss and a 6% maximum trailing loss, providing a challenging yet achievable goal. Like the two-phase program, there is no maximum trading day requirement, but traders must engage for at least five days. This evaluation also lacks a scaling plan.
Both programs underscore Crypto Fund Trader’s commitment to providing a platform that supports realistic trading goals through well-structured evaluations and generous profit splits. Additional benefits include low commission fees, no limit on trading periods, and the ability for traders to receive their first withdrawal just 15 days after placing their first trade.
For those in search of a reliable proprietary trading firm that offers favorable conditions and distinct program options, Crypto Fund Trader is an excellent choice. The firm’s approach to prop trading makes it an attractive option for traders around the globe, underscoring its status as a top contender in the industry.
Go to the Crypto Fund Trader website >>>
