Crypto Fund Trader! This innovative prop firm is making waves in the industry, offering unparalleled opportunities for traders to hone their skills and manage substantial capital without the usual risks. With their cutting-edge platform, comprehensive educational resources, and impressive funding options of up to $200,000, Crypto Fund Trader is the perfect launchpad for aspiring traders.
Whether you're a seasoned pro or just starting out, this firm has something for everyone. So, buckle up and get ready to embark on an exciting journey with Crypto Fund Trader – the future of crypto trading is here!
What is a Crypto Fund Trader?
| Key Feature | Details |
|---|---|
| CEO | Alan Sánchez |
| Platform | MT5 |
| Payout Split | Upto 80% |
| First Payout | 15 days |
| Drawdown | Upto 6% |
| Headquarters | Spain |
| Expert Advisors | Allowed |
| Max Funding | $200,000 |
| Funding Programs | 1-Step and 2-Step |
| Leverage | 1:100 |
| Weekend Holding | Allowed |
| Contact | help@myflashfunding.com |
| Trustpilot Rating | 4.3/5.0 |
Crypto Fund Trader is a proprietary trading firm that offers traders the opportunity to trade various financial instruments, using virtual funds while generating real profits. Founded in May 2021 and headquartered in Spain, Crypto Fund Trader focuses on assessing traders' abilities and providing support for their professional development.
How Does the Evaluation Process Work?
Crypto Fund Trader offers two main evaluation programs for traders to prove their mettle: the One Phase Evaluation and the Two-Phase Evaluation.
1. One-Phase Evaluation
In One-Phase Evaluation, traders must achieve a 10% profit target without exceeding a 4% maximum daily loss or a 6% maximum trailing loss. Leverage is set at 1:100, and spreads start from 0 pips. There is no time limit for this evaluation, providing traders with flexibility.
| Account Size | Pricing |
|---|---|
| $5,000 | $60 |
| $10,000 | $115 |
| $25,000 | $250 |
| $50,000 | $380 |
| $100,000 | $625 |
| $200,000 | $1,199 |
2. Two Phase Evaluation
The Two-Phase Evaluation consists of two stages. In Phase 1, traders must meet an 8% profit target with a 5% maximum daily loss and a 10% maximum overall loss. Phase 2 requires a 4% profit target with the same loss limits. Leverage and spreads remain the same as in the One Phase Evaluation, and the trading period is indefinite for both phases.
| Account Size | Pricing |
|---|---|
| $5,000 | $55 |
| $10,000 | $105 |
| $25,000 | $230 |
| $50,000 | $345 |
| $100,000 | $570 |
| $200,000 | $1,097 |
Crypto Fund Trader’s Payouts and Profit Split
One of the most attractive aspects of Crypto Fund Trader is its generous profit split. Funded traders receive 80% of the profits they earn, while the firm retains a 20% share. This 80:20 ratio is among the most competitive in the prop trading industry.
Payouts can be requested through the trader's dashboard, with options for bank transfers or cryptocurrencies. Crypto Fund Trader ensures that traders receive their withdrawals promptly, with a commitment to efficient payment processing.
In May 2024, Crypto Fund Trader announced a significant milestone in trader payouts, with a total of $7,100,000 disbursed to its traders. The average payout per trader reached an impressive $3,419.31, reflecting the consistent profitability across the firm's traders' strategies. These figures underscore the immense potential for traders to achieve substantial gains through Crypto Fund Trader.
Trading Platforms and Instruments
Crypto Fund Trader provides traders with a user-friendly proprietary trading platform designed to cater to their needs. The platform simulates real market conditions, offering competitive spreads starting from 0 pips and minimal trade commissions. It is available on web, desktop, iOS, and Android devices, ensuring accessibility for traders on the go.
In addition to its proprietary platform, Crypto Fund Trader has partnered with MetaTrader 5, the popular retail trading platform. This integration allows traders to access over 100 cryptocurrency pairs, expanding their trading opportunities.
The firm offers an extensive range of tradable instruments, with more than 500 options across its CFT Platform and MetaTrader 5.
Customer Support and Resources
Crypto Fund Trader prides itself on providing excellent customer support to its traders. The firm's tutors and technical team are readily available to address any questions or concerns, with a commitment to responding within one hour.
The Crypto Fund Trader website features a comprehensive FAQ section that covers a wide range of topics, from getting started to understanding the evaluation process and funded accounts. This resource serves as a valuable guide for both new and experienced traders.
Crypto Fund Trader 2.0: The Big Update
In June 2024, Crypto Fund Trader announced the launch of Crypto Fund Trader 2.0, ushering in a new era of growth and innovation for the prop firm. This update brings forth several exciting developments:
- Premium Liquidity Partnerships
Crypto Fund Trader has formed strategic partnerships with premium liquidity providers in both the cryptocurrency and traditional markets (forex, indices, commodities, and stocks). These collaborations offer traders access to a wider range of trading instruments, improved spreads, and enhanced trading conditions.
- Improved Infrastructure and Sustainability
The Crypto Fund Trader 2.0 update includes enhancements to the platform and website, such as faster payment processing, improved server stability, and a redesigned user interface. The firm's relocation to Switzerland further underscores its commitment to technological advancements and industry collaboration.
- Expanded Offerings and VIP Program
Looking ahead, Crypto Fund Trader plans to launch a cryptocurrency futures platform to meet the growing demand in the market. The firm will also introduce more trading competitions and a VIP program, providing traders with exclusive benefits and opportunities for advancement.
Crypto Fund Trader Details
| Key Feature | Details |
|---|---|
| Supported Platforms | MT5 |
| Payment Methods | Credit/Debit Cards, Cryptocurrency (Bitcoin and others) |
| Withdrawal Methods | Cryptocurrency, Bank Transfer |
| Headquarter | Spain |
| Restricted Countries | No restricted countries |
| Tradable Instruments | Forex Pairs, Commodities, Indices, Cryptocurrencies |
| Owner | Alan Sánchez |
| Established | 2021 |
Common Queries Related to Crypto Fund Trader
What Instruments can traders access on Crypto Fund Trader's Platforms?
Traders can access an extensive range of over 500 tradable instruments, including 46 cryptocurrencies, 45 forex pairs, 38 indices, 22 commodities, and more than 250 stocks.
What Leverage Does Crypto Fund Trader Offer?
Leverage is set at 1:100 across all instruments on advanced accounts. For student accounts, leverage varies depending on the asset class, ranging from 1:5 for cryptos and stocks to 1:30 for forex and commodities.
What are the prohibited trading practices on Crypto Fund Trader's Platform?
Prohibited trading practices include high-frequency trading, tick scalping, and arbitrage using bots or expert advisors (EAs). Reverse trading, which involves creating opposite trades with a simultaneous duration of 60 seconds or more, is also not allowed.
What is the daily and Per-Trade Profit Limit on Crypto Fund Traders?
The daily and per-trade profit limit is $10,000. If a trader's equity reaches this threshold, active trades will be closed, and any amount exceeding $10,000 will be subtracted.
How long does the Evaluation Process Take?
There is no time limit for the evaluation process on Crypto Fund Trader. Traders have the freedom to complete the evaluation at their own pace.
What are the Trading Rules for the Evaluation Process?
Traders must adhere to specific rules during the evaluation, such as maximum daily and overall drawdown limits, minimum trading days, and restrictions on certain trading practices like reverse trading and gambling.
Conclusion
Crypto Fund Trader stands out as a premier prop trading firm, offering aspiring traders the tools and opportunities to excel in the financial markets. The firm ensures traders can maximize their potential with minimal risk.
The two-step evaluation process is designed to rigorously assess and enhance trading skills, fostering professional growth. With cutting-edge platforms like MetaTrader 5 and strategic partnerships, Crypto Fund Trader delivers a seamless and supportive trading experience. As the firm continues to innovate and expand, it remains committed to empowering traders and redefining success in the trading landscape.
