Overview of CryptoFundTrader Crypto and Forex Prop Firm

In the fast-paced world of cryptocurrency trading, many individuals aspire to become successful traders, but it can be challenging to gain access to the necessary funds and resources. This is where Crypto Fund Trader comes into play. In this article, we will delve into the details of Crypto Fund Trader, a proprietary trading firm that offers aspiring traders an opportunity to prove their skills and potentially earn significant profits.

Company Details

Crypto Fund Trader is a unique and innovative proprietary trading firm that specializes in crypto, forex, indices, commodities, and stocks trading. While the legal name and CEO remain undisclosed, the company officially started its operations in May 2023. The registered location is not publicly available, but this hasn't deterred the firm from making its mark in the world of trading.

Evaluation Programs

Crypto Fund Trader offers two distinct evaluation programs: One Phase Evaluation and Two Phase Evaluation. These programs are designed to assess and nurture traders' abilities, paving the way for a successful trading career.

One Phase Evaluation

Program Details

• Profit Target: 10%
• Maximum Daily Loss: 4%
• Max Trailing Loss: 6%
• Leverage: 1:100
• Spread: From 0 pips
• Trading Period: Indefinite

Funded Trader Benefits

• Profit Split: 80%
• Maximum Daily Loss: 4%
• Max Trailing Loss: 6%
• Leverage: 1:100
• Spread: From 0 pips
• Trading Period: Indefinite

Account Sizes

• $5000
• $10000
• $25000
• $50000
• $100000
• $200000

Two Phase Evaluation

Phase 1

• Profit Target: 8%
• Maximum Daily Loss: 5%
• Maximum Overall Loss: 10%
• Leverage: 1:100
• Spread: From 0 pips
• Trading Period: Indefinite

Phase 2

• Profit Target: 4%
• Maximum Daily Loss: 5%
• Maximum Overall Loss: 10%
• Leverage: 1:100
• Spread: From 0 pips
• Trading Period: Indefinite

Funded Trader Benefits

• Trade with our funds
• Profit Split: 80%
• Maximum Daily Loss: 5%
• Maximum Overall Loss: 10%
• Leverage: 1:100
• Spread: From 0 pips
• Trading Period: Indefinite

Account Sizes

• $5000
• $10000
• $25000
• $50000
• $100000
• $200000

Funding Specifications

Crypto Fund Trader stands out by providing traders with exceptional funding conditions. Here's what you can expect:

• Get up to $200,000: Upon successfully passing the evaluation, you can receive funding of up to $200,000. The firm covers any losses incurred during trading.
• Spreads from 0 pips: Enjoy competitive spreads on various trading instruments, including crypto, forex, indices, commodities, and stocks, thanks to the liquidity providers.
• Lowest trading fees: Crypto Fund Trader's proprietary platform offers the lowest trading commission in the market, allowing you to optimize your trading strategy.
• No day limit: Take your time during the evaluation phases; there's no need to rush.
• No trading restriction: Explore different trading styles and strategies, including swing trading, intraday trading, and scalping. The firm encourages flexibility.
• High leverage: Access leverage of 1:100 across all instruments, enabling you to use appropriate lot sizes, even with small stop losses.

User-Friendly Prop Trading Platform

Crypto Fund Trader provides a user-friendly proprietary trading platform designed to cater to your trading needs. Key features include:

• Realistic Market Simulation: The platform replicates real market conditions with spreads from 0 pips and minimal trade commissions.
• MetaTrader5 Integration: For those who prefer the popular MetaTrader5 platform, Crypto Fund Trader offers access to over 100 different crypto pairs.

Payout System

The default payout ratio for all Funded Trader Live Accounts is set at 80:20. This means that as a trader, you will receive 80% of the profits you generate, while Crypto Fund Trader retains 20%. Rest assured, you can easily request payouts through your dashboard using methods such as Bank Transfer or Cryptocurrencies.

Eligibility and Trading Instruments

Crypto Fund Trader welcomes traders from around the world, provided they are at least 18 years old. As for the trading instruments available, you'll find an extensive selection:

CFT Platform

• 46 Cryptocurrencies
• 45 Forex pairs
• 38 Indices
• 22 Commodities
• Over 250 Stocks

MetaTrader 5

• Over 100 Cryptocurrencies
• 39 Forex pairs
• 23 Indices
• 18 Commodities
• 25 Stocks

Spreads and Trading Hours

Crypto Fund Trader prides itself on offering some of the tightest spreads in the market. For example, you can trade EUR/USD with spreads from 0 pips and BTC/USD from just 1 pip. Additionally, the cryptocurrency market is open 24/7, while Forex operates 24 hours a day from Monday to Friday. Commodities, Indices, and Stocks follow their respective trading schedules.

Permitted Trading Strategies

Crypto Fund Trader values your trading freedom and allows a wide range of strategies, including swing trading, intraday trading, scalping, and more. However, it's essential to maintain risk control and avoid exploitative strategies such as High-Frequency Trading, tick scalping, arbitrage, or any trading that doesn't align with live market conditions. All trades must have a minimum duration of at least 30 seconds.

Account Limits

There is no set lot size limit at Crypto Fund Trader. Your lot size will depend on your available margin and leverage. As for the maximum allocation per user, it's capped at $200,000, ensuring responsible trading practices. Note that profits earned on a live account may exceed this limit.

Prohibited EA Types

To maintain a fair and transparent trading environment, Crypto Fund Trader prohibits certain EA (Expert Advisor) types, including:

• High-Frequency Trading: Programs or algorithms executing a large number of rapid trades are not allowed.
• Tick Scalping: Rapidly opening and closing numerous trades within a short period, whether via EA or manual trading, is forbidden.
• Arbitrage: The use of bots or any type of EA for arbitrage purposes is strictly prohibited.

In conclusion, Crypto Fund Trader offers a unique opportunity for aspiring traders to prove their skills and access substantial funding. With competitive conditions, a user-friendly platform, and a commitment to responsible trading, Crypto Fund Trader is poised to make waves in the world of crypto and financial markets.