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Crypto Fund Trader is a prop firm registered in Spain since March 3, 2022. They can be contacted through their official email address at [email protected]. The firm offers both the One Phase Challenge and the Two Phase Challenge for traders interested in Forex, Crypto, and CFDs trading on the MT5 and cTrader platforms.
In the One Phase Challenge, traders aim to achieve a profit target of 10%. They must adhere to a maximum daily loss of 4% and a maximum trailing loss of 6%. Leverage of 1:100 is available, and spreads start from 0 pips. The trading period for Phase 1 is indefinite, allowing traders to showcase their skills. Participation in Phase 1 requires a one-time registration fee. Upon successfully completing Phase 1, traders become funded traders and can trade with the firm’s funds. The profit split is 80% for the trader and 20% for the firm. Traders continue to follow the maximum daily loss of 4% and the maximum trailing loss of 6%.
The One Phase Funding Capital options include $10,000, $25,000, $50,000, $100,000, and $200,000.
In the Two Phase Challenge, traders go through an evaluation process. Phase 1 has a profit target of 8% and maximum daily and overall losses of 5% and 10% respectively. Phase 2 requires a profit target of 4%, and the maximum daily and overall losses remain the same. Traders have access to leverage of 1:100 and competitive spreads starting from 0 pips. Both phases have an indefinite trading period. Similar to the One Phase Challenge, a one-time registration fee is required for Phase 1.
The Two Phase Funding Capital options are the same as those in the One Phase Challenge.
Crypto Fund Trader allows High-Frequency Trading (HFT), copy trading, and the use of Expert Advisors (EAs). However, hedging is not allowed. Customer support is available through Discord and Live Chat. The firm offers free trials and provides a demo account for traders to practice. Demo account details can be accessed on the RLCrates-Live server with the ID 123456 and password DemoCFT1!.
The firm does not organize competitions and does not offer free retries. Scaling rules are not specified in the information provided.
Please note that it is advisable to verify the information and terms directly with Crypto Fund Trader for the most accurate and up-to-date details.
