Are you interested in exploring the world of crypto, forex, commodities, and more with the added benefit of a 5% discount? Look no further than Crypto Fund Trader. This proprietary trading firm offers an excellent opportunity for traders to develop their skills while gaining access to funded accounts. Use the discount code “PLATINUM5” at checkout to get 5% off and start your trading journey today.
In this comprehensive guide, we’ll dive deep into Crypto Fund Trader, covering everything from evaluation programs to trading rules, profit-sharing, fees, and how the discount works. Whether you’re a beginner or an experienced trader, Crypto Fund Trader offers an enticing option to help you grow in the competitive world of prop trading.
What Is Crypto Fund Trader?
Crypto Fund Trader is a proprietary trading firm that offers traders funded accounts for various financial markets. The firm provides simulated funds that allow traders to engage in markets like crypto, forex, commodities, indices, stocks, and more. Their key goal is to evaluate traders’ skills and support them in their professional development.
The company’s model focuses on helping traders prove their skills in a safe environment before managing a funded account. With two unique evaluation programs, Crypto Fund Trader aims to make prop trading accessible to a wide range of individuals, regardless of experience level.
Who Is the CEO of Crypto Fund Trader?
Crypto Fund Trader was founded on May 14, 2021, and is headquartered in Navarra, Spain. The CEO, Alan Sánchez, leads the firm with a mission to foster a learning environment for traders and provide real opportunities for financial growth through prop trading.
Two Types of Evaluation Programs
Crypto Fund Trader offers two evaluation models for traders to choose from:
1. Two-Phase Evaluation
This program is designed for traders who want to prove their skills across two distinct phases. Each phase has specific targets and rules:
- Phase 1: Traders must achieve a profit target of 8% without surpassing a 5% daily drawdown or a 10% maximum drawdown.
- Phase 2: The profit target drops to 5%, but traders must still adhere to the same risk management rules as Phase 1.
Traders who successfully pass both phases are rewarded with a funded account and an 80% profit split. You can trade a wide range of assets, including forex, cryptocurrencies, commodities, stocks, and more.
Account Size | Price |
---|---|
$5000 | $55 |
$10000 | $105 |
$25000 | $230 |
$50000 | $345 |
$100000 | $570 |
$200000 | $1097 |
2. One-Phase Evaluation
For traders who want a quicker route to funding, the one-phase evaluation offers a single evaluation stage:
- Profit target: 10%
- Daily drawdown limit: 4%
- Maximum trailing loss: 6%
Once traders meet the profit target, they receive a funded account with an 80% profit split. Like the two-phase program, you can trade in various markets, including crypto, forex, and commodities, using up to 1:100 leverage.
Account Size | Price |
---|---|
$5000 | $60 |
$10000 | $115 |
$25000 | $250 |
$50000 | $380 |
$100000 | $625 |
$200000 | $1199 |
To ensure a level playing field and maintain discipline, Crypto Fund Trader has a few rules for traders to follow. These rules help minimize risk and ensure the company can manage its funded accounts effectively:
Key Rules:
- Profit Targets: Traders must hit specific profit targets in each evaluation phase (8% and 5% for two-phase, 10% for one-phase).
- Drawdown Limits: Maximum daily loss is set at 5% in the two-phase program and 4% in the one-phase program. Maximum loss across the evaluation period is 10% and 6%, respectively.
- Minimum Trading Days: Traders must engage in at least five trading days before moving to the next stage of the evaluation process.
Benefits of Using Crypto Fund Trader
Crypto Fund Trader offers many benefits that set it apart from other proprietary trading firms:
Diverse Asset Selection: You can trade across forex pairs, cryptocurrencies, commodities, and indices, with leverage up to 1:100.
No Country Restrictions: Traders from all over the globe can participate.
Low Fees and Tight Spreads: With spreads starting at 0 pips and low commission fees, traders can maximize their profits.
Flexible Trading Periods: There are no maximum trading day requirements, allowing traders to take their time to meet targets.
Generous Profit Sharing: Traders who pass the evaluation stages can enjoy up to an 80% profit split.
Trading Instruments
Crypto Fund Trader provides a variety of instruments across multiple markets. Here’s a quick look at what’s available:
Forex Pairs:
- Major pairs like EUR/USD, GBP/USD, and USD/JPY
- Minor and exotic pairs like EUR/AUD, USD/ZAR
Commodities:
- Precious metals like Gold (XAU/USD) and Silver (XAG/USD)
- Energy commodities like WTI, Brent Oil, and Natural Gas
Indices:
- Global indices like US500, GER30, and UK100
Cryptocurrencies:
- Popular digital assets like Bitcoin (BTC/USD), Ethereum (ETH/USD), and Ripple (XRP/USD)
Fees and Commission
Here’s a breakdown of Crypto Fund Trader’s trading fees:
Asset Class | Fee |
---|---|
Forex | $3 per lot |
Commodities | 0.0005% per side |
Cryptocurrencies | 0.0125% per side |
Indices | $0 per lot |
Stocks | 0.002% per side |
Crypto Fund Trader prides itself on having low commission fees, enabling traders to keep more of their profits.
Profit Calculation and Withdrawals
Once traders complete the evaluation, they can withdraw their profits with ease. Here’s how the profit-sharing works:
- 80% of profits are paid to the trader.
- Payouts are processed after 15 or 30 days from placing the first trade in a funded account.
- Subsequent withdrawals can be made every 15 trading days or 30 calendar days.
For instance, if you generate a profit of $10,000 in your funded account, you’d receive $8,000, with Crypto Fund Trader keeping the remaining $2,000.
Leverage and Risk Management
One of the standout features of Crypto Fund Trader is the 1:100 leverage offered on all trading instruments. This high leverage allows traders to maximize their potential returns but also requires careful risk management. The firm’s drawdown rules ensure that traders maintain discipline, preventing excessive losses.
Prop Trading and Crypto Fund Trader’s Unique Approach
Prop trading firms like Crypto Fund Trader offer traders the chance to trade with virtual funds. What sets Crypto Fund Trader apart is their focus on crypto markets, making it one of the first proprietary firms to heavily emphasize this asset class.
By providing opportunities in cryptocurrencies alongside traditional markets like forex and commodities, Crypto Fund Trader positions itself as a forward-thinking firm in the world of prop trading.
How to Use the Discount Code
Using the PLATINUM5 code is simple:
Go to the Crypto Fund Trader website.
Select your preferred evaluation (either one-phase or two-phase).
At checkout, apply the discount code “PLATINUM5” for an instant 5% discount.
Complete your purchase and start your evaluation.
This code can save you money on your initial evaluation fee, allowing you to get started at a lower cost while still enjoying the full benefits of Crypto Fund Trader.
Final Thoughts: Is Crypto Fund Trader Worth It?
Suppose you’re looking for a flexible and crypto-focused prop trading firm with favorable rules, tight spreads, and an opportunity to trade various assets. In that case, Crypto Fund Trader is a solid choice. Their two-phase and one-phase evaluations offer realistic profit targets, making it achievable for many traders to pass and get funded. Plus, with the added bonus of a 5% discount using code PLATINUM5, getting started is even more accessible.
So, whether you’re new to the world of forex, crypto, or commodities trading, or you’re a seasoned trader looking for a proprietary firm that values flexibility and high leverage, Crypto Fund Trader could be the ideal platform for you.
Don’t miss out—apply the PLATINUM5 discount code and start trading today!