These rules protect the firm’s capital and help traders achieve consistent profitability while managing risk. Becoming a funded trader with CTI involves an evaluation process that tests adherence to these rules and performance targets.
What is City Traders Imperium (CTI)?
City Traders Imperium (CTI) is a proprietary trading firm that allows traders to trade with its capital. Unlike traditional retail accounts, where traders use their own funds, prop firms like CTI provide substantial financial backing.
Traders gain access to larger capital, allowing for bigger positions and higher profit potential. However, CTI enforces specific rules to ensure consistency and risk control.
CTI aims to discover and support talented traders, offering the tools, capital, and resources needed for success. It’s ideal for skilled traders without personal funds who can manage risk and generate profits.
The Structure of CTI’s Trading Program
City Traders Imperium provides a profit-sharing model that allows traders to keep a percentage of the profits they make while trading with the firm’s capital. Traders are required to go through an evaluation process, which serves as a test to determine whether they can manage risk and meet profitability targets.
Once the evaluation is passed, traders move on to the funded account phase, where they begin trading with real capital. The firm closely monitors the traders’ performance and adherence to the City Traders Imperium Prop Firm Trading Rules. The idea is to give traders the freedom to operate while ensuring their actions align with the firm’s risk management strategies.
What is a Prop Firm?
Proprietary trading firms, or prop firms, are companies that provide capital to traders, allowing them to trade with firm resources rather than their own. This is an attractive proposition for traders because it allows them to leverage large amounts of capital without the need to invest their own money. In exchange, the firm typically takes a percentage of the profits.
The Risk-Reward Dynamic
In a prop firm setup, traders are responsible for generating profits while managing the risk involved.
Prop firm traders avoid risking their own capital but must follow rules that limit excessive risk-taking and promote disciplined fund management.
Traders can earn substantial profits, but they must adhere to risk management policies to avoid exposing the firm to unnecessary risk.  This is where City Traders Imperium’s specific trading rules come into play.
City Traders Imperium Prop Firm Trading Rules
City Traders Imperium trading rules are central to the firm’s operations and success. The rules are designed to ensure that traders are profitable, consistent, and disciplined while managing risk.Â
Risk Management Rules
Risk management is a primary focus of City Traders Imperium’s trading rules. The firm has strict rules in place to help traders avoid catastrophic losses and ensure that they manage their positions effectively.
- Maximum Drawdown: This is the maximum loss allowed for a trader’s account before they are disqualified. The firm uses the maximum drawdown to prevent traders from incurring excessive losses and to keep the firm’s capital protected.
- Daily Drawdown Limit: Traders are not allowed to lose more than a specific amount each day. This rule ensures that traders do not take unnecessary risks in a single trading session.
Leverage Rules
Leverage is a powerful tool that allows traders to control larger positions with a smaller amount of capital. City Traders Imperium provides leverage to traders, but this must be used responsibly. Traders should be cautious when utilizing high leverage, as it can magnify both gains and losses. Proper position sizing is essential for staying within the firm’s acceptable risk limits.
Profit Targets
To pass the evaluation phase and receive funding, traders must meet specific profit targets. These targets are a crucial part of the evaluation process and demonstrate a trader’s ability to generate consistent profits. The specific targets vary based on the evaluation account type and the trader’s strategy.
- Evaluation Phase: During the evaluation phase, traders are required to hit a profit target, typically between 10% and 20%, depending on the account size and evaluation plan. This phase tests a trader’s ability to achieve a profit consistently while following risk management protocols.
Trading Instruments and Hours
City Traders Imperium allows traders to trade various financial instruments, including forex, commodities, stocks, and indices. However, each instrument has its own set of guidelines to ensure that traders adhere to appropriate risk levels.
Additionally, traders are required to follow specific trading hours. While the firm allows flexibility in terms of when traders can trade, it’s essential to respect market hours and avoid trading during illiquid times to prevent unnecessary volatility.
Account Scaling
Once traders prove their ability to manage risk and consistently hit profit targets, CTI allows for account scaling. This means that traders can increase their trading capital as they continue to demonstrate consistent profitability.
Account scaling is beneficial because it allows traders to take larger positions with more capital, increasing the potential for higher returns. However, scaling also requires maintaining strict adherence to the firm’s risk management guidelines.
How to Pass the Evaluation Process at City Traders Imperium
The evaluation process at City Traders Imperium is designed to assess whether traders can effectively manage risk and meet profit targets. Here’s how to increase your chances of success during the evaluation:
- Focus on Consistency: Consistency is the key to passing the evaluation. Traders must show that they can generate consistent profits over a longer period, typically 30 days.
- Risk Management: Adhere to the daily drawdown limits and maximum drawdown rules strictly. Failure to manage risk can result in disqualification, even if you hit the profit target.
- Strategic Planning: Have a well-thought-out trading strategy in place. Make sure it aligns with CTI’s rules and risk management principles.
- Emotional Control: Emotional control is critical in trading. Stay disciplined, avoid overtrading, and always stick to your plan.
Conclusion
City Traders Imperium’s rules promote consistent profitability, risk management, and account scaling. By following them, traders can maximize CTI’s opportunities and grow their capital.
CTI provides a great platform for aspiring traders to develop skills and succeed in proprietary trading. Whether novice or experienced, adhering to guidelines, embracing education, and maintaining discipline are essential to excelling at CTI.
Frequently Asked Questions About CTI Trading Rules
What is the minimum profit target required to pass the CTI evaluation?
To pass the evaluation, traders are generally required to achieve a profit target of around 10% to 20% within a specified time period. This shows the trader’s ability to make consistent profits while adhering to the risk rules.
How does City Traders Imperium ensure risk management?
CTI enforces strict risk management guidelines including daily and maximum drawdown limits, position size limits, and the requirement for stop-loss orders to be implemented on every trade.
Can I trade any asset class with CTI?
Yes, CTI allows traders to trade a variety of financial instruments, including forex, commodities, stocks, and indices. However, specific guidelines apply to each asset class to ensure risk is managed properly.
What happens if I break the rules during the evaluation or trading phase?
If a trader breaks the rules during the evaluation phase or while trading a funded account, they may be disqualified or removed from the program. It’s crucial to adhere to the City Traders Imperium Prop Firm Trading Rules to maintain eligibility.
How does account scaling work?
Account scaling allows traders to increase their available capital after proving consistent profitability. As traders meet profit targets and stay within the firm’s risk management rules, their accounts are gradually scaled to provide them with larger amounts of capital.
