Crypto Fund Trader: Review and Analysis [2024]

Here are the pros and cons of trading with Crypto Fund Trader:

Presenting Crypto Fund Trader is a proprietary trading firm that specializes in a wide range of asset classes, such as cryptocurrencies, Forex, indices, commodities, and stocks. Their main objective is to offer traders funds for their trading pursuits. Crypto Fund Trader consistently keeps its Proof of Reserves up to date, showcasing its financial stability and commitment to safeguarding client assets. This proof is regularly updated every Saturday to offer reassurance to all stakeholders and serve as a benchmark for other trading firms.

Traders who consistently showcase their ability to generate profits, effectively manage risk, and adhere to their rules are eligible to receive funding of up to $200,000. Additionally, they have the chance to retain 80% of the profits they generate. This opportunity is perfect for individuals who are interested in venturing into the field of proprietary trading, especially in the ever-changing and unpredictable cryptocurrency markets.

Crypto Fund Trader of Key Features

Crypto Fund Trader is distinguished by several unique features:

• Transparency and Security: Implements rigorous KYC procedures through CoinScope, enhancing accountability and offering legal recourse for traders.
• Focus on Cryptocurrency Trading: Offers a diverse range of cryptocurrency pairs, specializing in transactions and operations focused on digital assets.
• Flexible Trading Challenges: Unlike many competitors, Crypto Fund Trader does not impose time limits on trading challenges, allowing traders to develop long-term strategies more effectively.

Website:	https://cryptofundtrader.com/
Debut:	May 2021
Types of Challenges:	One Phase Challenge, Two Phase Challenge
Trading Platforms:	MT4, MT5, CFT Platform
Trading Instruments:	Forex, Crypto, Indices, Commodities, Stocks
Account Currencies:	USD
Rules:	Maximum daily loss, Maximum loss, Minimum Trade Duration, Minimum trading days, Profit target, Stop-loss required, Stop-loss risk per position
Max Allocation:	$200,000
Email:	[email protected]
CEO:	Alan Sánchez

And now, for another essential part of our Crypto Fund Trader prop trading firm review, let’s find out whether a Crypto Fund Trader is a legitimate firm and whether it can be trusted.

Legal/Licence

Like any other online platform in the trading and finance industry, it is crucial to verify the legitimacy of Crypto Fund Trader. The Crypto Fund Trader platform asserts that traders consistently overcome obstacles and receive payouts. It would be advantageous to look for reviews of the Crypto Fund Trader prop firm on online forums such as Trustpilot and Reddit.

The Trustpilot reviews for Crypto Fund Trader generally reflect a favorable perception of the platform. Traders are highly pleased with various aspects of the platform, including its transparency, dependability, prompt payouts, and seamless onboarding procedure. In addition, numerous Reddit users highly appreciate this trader program that is funded by cryptocurrency for its advantageous trading conditions. These include competitive spreads, reasonable leverage, and a wide range of cryptocurrency pairs to choose from.

Reputation

The company is distinguished from other prop firms by its impeccable reputation. It has not been involved in any strange schemes or illegal transactions so that it can be fully trusted.

Safe

Crypto Fund Trader’s Proof of Reserves function establishes trust and transparency by proving that customers’ money is entirely supported by its capital reserves.

Proof of Reserves is a powerful technique for protecting users’ deposits. The platform has approximately $300,000 in user revenues, so this function adds security and covers all user balances.

While emergency funds are the central reserve, the site also has wallets and bank accounts for consumer payments. This multi-tiered structure fosters financial transparency and user confidence and is infallible.

Despite industry concerns about transparency, Crypto Fund Trader’s Proof of Reserves proves the platform’s financial health and assures consumers that their assets are safe and accessible.

As for information protection, the company uses special data encryption and other modern systems.

Crypto Fund Trader sets itself apart from other top prop trading firms by providing two distinct types of account evaluations: a two-step process and a one-step process. Moreover, they offer a wide range of advantageous characteristics. These include setting low-profit targets during their comprehensive two-phase evaluation process, allowing unlimited trading periods, enabling the first withdrawal after just 15 traded days or every 30 calendar days as an alternative, and imposing minimal commission fees.

The Crypto Fund Trader’s Two-phase Evaluation is a comprehensive assessment that traders must complete in order to qualify for payouts. It consists of two distinct phases that must be cleared. The desired profit margin for phase one is 8%, while for phase two it is 5%. Additionally, there are rules in place to limit daily losses to a maximum of 5% and maximum overall losses to 10%. There are no restrictions on the number of trading days you can have during either evaluation phase.

Nevertheless, it is mandatory to engage in trading for a minimum of 5 consecutive days during each evaluation phase. It’s important to note that the Two-phase Evaluation lacks a scaling strategy. In comparison to other funding programs in the industry, the Two-phase Evaluation program distinguishes itself with its unique features. These include an unlimited trading period, low-profit target requirements to complete the evaluation, and the option to make a first withdrawal after just 15 traded days or every 30 calendar days.

The One-phase Evaluation by Crypto Fund Traders is a streamlined assessment that traders must pass in order to qualify for payouts. It is a single-step process that traders need to complete successfully. The desired profit goal is set at 10%, accompanied by strict guidelines of a maximum daily loss of 4% and a maximum trailing loss of 6%. Additionally, there are no set limits on the number of trading days you must complete during the evaluation phase. Nevertheless, it is mandatory to engage in trading for a minimum of 5 consecutive days during the evaluation phase. It’s important to note that the One-phase Evaluation does not include a scaling plan. In comparison to other funding programs in the industry, the One-phase Evaluation is notable for its unlimited trading period, an average profit target, and the option to make a first withdrawal after just 15 traded days or every 30 calendar days.

Crypto Fund Trader sets itself apart from other top prop firms by providing two distinct account types: a two-step evaluation process and a one-step evaluation process. Moreover, they offer a wide range of advantageous characteristics, including modest profit targets during their comprehensive evaluation process, unrestricted trading periods, the ability to make initial withdrawals after just 15 calendar days, and minimal commission fees.

They provide traders with two unique financing programs: the one-step evaluation and the two-step evaluation. Additionally, they offer a one-step assessment in addition to the two-step examination that is common in the business.

1-Phase Challenge

Let’s take a look at the one-phase evaluation, which gives traders the option to handle account sizes ranging from $5,000 to $200,000 inside the United States Dollar. During the one-step evaluation phase, firms are once again seeking traders who are capable of making a profit and effectively managing risk.

Traders are required to achieve a profit objective of 10% during phase one, which is the sole phase in this phase. Additionally, your daily loss must be 4%, and the total loss regulations are set at 6%.

Without any time constraints. Let us reiterate that in order to move forward with a funded account, you still need to trade for a minimum of five trading days. However, after you have completed the process, you will be given a fully paid account.

2-Phase Challenge

Let’s take a look at the two-phase evaluation, which allows traders to manage account sizes ranging from $5,000 to $200,000. During the review period, the objective is to identify traders who have the potential to generate profits and who can effectively manage risk. It is all based in US Dollars, and you may trade with leverage of up to one hundred to one.

The first part of the trading process needs a trader to achieve a profit objective of 8%, and the second phase demands a profit target of 4%. At this point, you are not allowed to exceed the limits of a daily loss of 5% or an aggregate loss of 10% in either phase. When it comes to time constraints, it is essential to keep in mind that throughout phase one and phase two, there are no criteria for the maximum number of trading days. In order to go on to the subsequent portion of the time, you are required to engage in trading for a minimum of five trading days.

If you successfully complete both parts of the assessment process, you will be awarded a fully funded account, which is, of course, the objective. There are no minimum criteria for withdrawals.

Profit Splits

Crypto Fund Trader takes 20% of the earnings made by funded traders, while funded traders receive 80% of their gains. A payout request can be made through a bank transfer or using cryptocurrency.

The Crypto Fund Trader operates in a unique manner since it works in conjunction with a tier-1 liquidity provider to deliver replicating actual market trading conditions of the highest quality.

Trading Instruments

Crypto Fund Trader provides a wide selection of trading instruments to cater to traders’ diverse requirements. Crypto Fund Trader prop trading firms offer a wide range of instruments on both our CFT Platform and MetaTrader 5, giving traders the opportunity to expand their portfolios across various asset classes. These include cryptocurrencies, forex, indices, commodities, and stocks, providing ample options for diversification. Let me provide you with a comprehensive overview of the various trading instruments offered on each platform:

CFT Platform:

• 46 different cryptocurrencies
• Over 40 different currency pairs available for trading
• 38 Indexes
• 22 Different Types of Commodities
• More than 250 stocks

Introducing MetaTrader 5:

• More than 100 different cryptocurrencies
• Over three dozen currency pairs
• 23 Indexes
• 18 Different Types of Goods
• 25 Different Stocks

Trading Platforms

Traders are provided the freedom through the use of Crypto Fund Trader, which gives them the option to trade using either MetaTrader 5 or their own customized CFT Platform.

Trading Fees

It is essential to understand what commissions Crypto Fund Trader brokers charge their clients. The commission scheme is very transparent and clear. Let’s consider it in the Crypto Fund Trader Brokers review.

Fee scheme:

• 0.0125% on each side for cryptocurrencies
• Commodities: 0.0005% on both sides.
• Stocks on each side: 0.002% total
• Forex: 1.5$ for every lot on either side.
• Indices: 0$ in a lot.

Before you start working with Crypto Fund Trader prop firms, you need to understand how to open an account here and make a deposit. Let’s consider this process step by step:

• Your Account: Select the type of account you want, the size of your account, and the trading platform you want to use.
• Form of Registration – After selecting your evaluation account, you will be able to register with Crypto Fund Trader by filling out the registration form with your personal information.
• Select Your Payment Method You have the option of selecting a payment method using either a credit or debit card or a cryptocurrency.
• You will be able to access your login credentials for your freshly acquired trading account if you look for an email from Crypto Fund Trader with a greeting. This email will contain your login details.

The process is quite simple, and it is unlikely to cause you any difficulties.

Payment Methods at Crypto Fund Trader Prop Firm

One of the critical features of this company is its desire to provide its clients with the broadest possible list of payment means. Even today, the company’s clients can fund their accounts using Bitcoin, PayPal, and Visa. To withdraw funds, you can also use Zen and bank transfers. In addition, the company has signed a cooperation agreement with Confirmo, expanding customers’ payment options.

Customer Support on Crypto Fund Trader Company

If you have any questions or need help, Traders can contact the customer support team directly by sending an email to [email protected]. In addition, traders can engage in real-time conversations with the support team using the live chat feature available on the official website.

Conclusion Review and Analysis Of Crypto Fund Trader Prop Firm

Crypto Fund Trader is a well-regarded and reliable proprietary trading firm that offers traders the option to select from two funding programs: the Two-phase Evaluation, which involves a two-step evaluation process, and the One-phase Evaluation, which involves a one-step evaluation process.

The Two-phase Evaluation by Crypto Fund Traders is a widely recognized and rigorous assessment process that consists of two stages. Successful completion of both phases is necessary to qualify for managing a funded account and receiving 80% profit splits. Traders need to achieve profit goals of 8% in the first phase and 5% in the second phase in order to secure successful funding. These trading objectives are pretty reasonable, given that you must adhere to a maximum daily loss of 5% and a maximum overall loss of 10%. When it comes to time constraints, there are no set limits on the number of trading days you need to fulfill during either evaluation phase. Nevertheless, it is mandatory to engage in trading for a minimum of 5 consecutive days during each evaluation phase. It is essential to mention that the Two-phase Evaluation does not include a scaling plan.

However, the one-phase evaluation offered by the crypto fund Trader is a streamlined process that requires completing only one phase. Once this phase is completed, participants become eligible to manage a funded account and earn 80% profit splits. Traders need to achieve a profit goal of 10% in order to secure successful funding. These trading objectives are pretty reasonable, given that you must adhere to a maximum daily loss of 4% and a maximum trailing loss of 6%. When it comes to time constraints, there are no specific restrictions on the maximum number of trading days you need to fulfill during the evaluation phase. Nevertheless, it is mandatory to engage in trading for a minimum of 5 consecutive days throughout the evaluation phase. It is essential to mention that the One-phase Evaluation does not include a scaling plan.

We highly recommend Crypto Fund Trader to individuals in search of a trustworthy proprietary trading firm that offers favorable trading conditions. Traders are offered a range of distinctive features, including modest profit targets during their two-phase evaluation, unrestricted trading periods, the ability to make their first withdrawal after just 15 calendar days, and minimal commission fees. After carefully evaluating all the features and benefits that Crypto Fund Trader provides to traders around the globe, it is evident that they are an excellent option within the prop trading sector.