This review outlines the strengths and weaknesses of Crypto Fund Trader, compares it to competitors, and assesses its benefits for traders in the fast-paced cryptocurrency market. Discover if Crypto Fund Trader can help you succeed in trading through its funding sources and revenue sharing.
Overview of Crypto Fund Trader
Crypto Fund Trader is a Spain-based proprietary trading firm, launched in May 2021 and operating under the leadership of CEO Alan Sánchez. Part of the RLCRATES, S.L. group, the firm offers a competitive trading environment with one-step and two-step evaluation account options for varying trader preferences. By partnering with a leading liquidity provider, Crypto Fund Trader creates realistic market conditions for traders seeking funded opportunities.
Key features or highlights of Crypto Fund Trader
Some of the following are some of the major characteristics identified for Crypto Fund Trader: Crypto Fund Trader can be considered as more special and attractive as some of the features given below when comparing with other cryptocurrency advisory platforms. Here’s a detailed breakdown of what you can expect: Here’s a detailed breakdown of what you can expect:
- Market Analysis: The platform helps to analyse the possibilities of earnings in the markets of cryptocurrencies, their tendencies and threats. The given analysis allows traders to be aware of market changes and make the best decision in each case, so you will not lag behind changes in the market.
- Tailored Investment Strategies: If you are a high risk taker or bulk investor or if you are more of a conservative type then CFT has multiple ways of trading which are all inclined for different risks and different goals.
- Exclusive Reports: Subscribers get to be privileged to receive special reports on some of the cryptos, ICOs and other investment vehicles. These reports contain more detailed information on the described market and possible profits.
- Community Support: It creates a vibrant community of investors whereby investors can discuss strategies to approach the market, and other tips from other investors, traders, etc.
- Regular Market Updates: This is especially important in the environment the crypto moves at the speed of light. Crypto Fund Trader alerts subscribers to new information, news flashes, and newsletters, keeping them updated on key market events.
Pros of Crypto Fund Trader
- Amazing 4.3 out of 5 Trustpilot ratings
- There are two cutting-edge funding options available.
- The top private cryptocurrency company
- Participation is not restricted by location
- Numerous cryptocurrency pairs provide competitive spreads that begin at 0 pip
- Low-cost commissions
- A Wide Range of Trading Instruments
- Adjustable Trading Days Traders Overnight
- No trading fees and no time restrictions.
- Traders benefit from high leverage of up to 1:100, and they can trade news, hold positions overnight, and even trade over weekends.
- The platform, CryptoFundTrader, is user-friendly, intuitive, and designed specifically for cryptocurrency trading.
- The firm offers two innovative funding programs for global traders, featuring competitive spreads from 0 pips, low commissions, and a variety of trading instruments, including crypto, forex, stocks, and commodities.
- Flexible trading conditions, including no daily loss limits and immediate payment options within 15 days, further enhance its appeal.
Cons of Crypto Fund Trader
- No method of scaling
- Single-phase evaluations take trailing
- Drawdown into account.
- Minimum prerequisites for a trading day: 5% withdrawal objective
- Lack of growth planning, making it difficult for traders to scale their accounts beyond $200,000.
- The single-phase assessment has a trailing drawdown, which can add pressure to traders.
- There is a requirement for a minimum number of successful trading days, which may restrict flexibility.
- Traders must hit a 5% profit target before being eligible to make withdrawals, which can delay accessing funds.
Evaluation Metrics
Overall metrics
- Challenge difficulty: Crypto Fund Trader’s evaluations entail certain principles including daily loss restrictions at 5% as well as standard profits of 8% in phase one and 4% in phase two of the two-part assessment.
- Customer support: Contact information of Crypto Fund Trader: For any help or information, one can directly contact their customer care services by sending an email at support@cryptofundtrader. com. Additionally, you can get real-time assistance through the live chat on the company’s official website when needed.
- Fee: Crypto Fund Trader has reasonable fee schedules which allows the funded traders to keep the trade costs as low as possible. The distribution of the fee is as follows; The first being 0. 0. 0125 per cent per side for Cryptocurrencies and 0. For commodities 0005% per side and 0. 0. 002 percent per side for stocks. The trades of the forex are done at a commission of $1. 5 per lot per side when trading on currencies, 3 per lot per side when trading on commodities and 1 per lot per side when trading on stocks; trades on indices are commission-free.
- Payout scheme: Thus, all the Funded Trader Live accounts are to have the default 80/20 payout ratio. The trader gets to control 80% of the profits from the deal while Crypto Fund Trader controls 20% of the profits. All the funded traders can ask for payout through the control panel with Bank Transfer or Cryptocurrencies. It is our practice to ensure that you get your withdrawal.
Frequently Asked Questions (FAQ)
What is Crypto Fund Trader?
Crypto Fund Trader is a proprietary trading firm that funds crypto traders by providing capital to trade with, allowing them to retain a percentage of the profits.
What are the funding tiers available at Crypto Fund Trader?
Crypto Fund Trader offers several funding levels, which start at a lower entry-level capital and scale up based on performance. Specific funding amounts depend on the trader’s success and consistency.
Is there an evaluation process to get funded?
Yes, traders must pass an initial evaluation phase that tests their trading skills, risk management, and consistency before gaining access to the firm’s capital.
Are there any fees associated with joining Crypto Fund Trader?
Yes, there are fees for the initial evaluation process and potentially for account maintenance or platform usage, depending on the funding level and firm policies.
How does Crypto Fund Trader compare to other prop firms?
Crypto Fund Trader is notable for its focus on cryptocurrencies and educational resources, but it may not appeal to traders looking for access to a wider range of markets.
