The Good and Bad about Crypto Fund Trader
Pros
- Excellent Trustpilot rating of 4.4/5
- First Crypto Focused Prop Firm
- A Wide Range of Available Crypto Pairs
- Two Unique Funding Programs
- No Country Restrictions
- Spreads Starting at 0 Pips
- A large variety of trading instruments
- Professional Trader Dashboard
- Low Commission Fees
- No Maximum Trading Day Requirements
- Leverage of 1:100 for All Trading Instruments
- Profit Share of 80%
- First Payout After 15 Days
- Overnight & Weekend Holding Allowed
- News Trading Allowed
Cons
- Minimum Trading Day Requirements
- No Scaling Plan
- Trailing Drawdown on One-phase Evaluation
Crypto Fund Trader stands as a proprietary trading firm dedicated to evaluating traders’ skills and nurturing ongoing professional growth. Their approach transcends mere evaluation, offering traders the chance to earn significant profits. With the flexibility to manage account sizes of up to $200,000 and earn 80% profit splits, traders can engage in trading various financial instruments like forex pairs, commodities, indices, stocks, and cryptocurrencies.
Who are Crypto Fund Trader?
Crypto Fund Trader, legally known as RLCRATES, S.L., was established on May 14, 2021, and operates from Navarra, Spain, under the leadership of CEO Alan Sánchez. They offer traders the choice between two account types: a two-step evaluation and a one-step evaluation. Additionally, they are partnered with a tier-1 liquidity provider, offering simulated real market trading conditions as their broker.
The headquarters of Crypto Fund Trader can be found at Calle Pau, 7, Bajo-A, 31016 Pamplona, Navarra, Spain.
Funding Program Options:
Crypto Fund Trader offers traders two distinct funding program choices:
- Two-phase Evaluation
- One-phase Evaluation
Two-Phase Evaluation
In Crypto Fund Trader’s Two-phase Evaluation, traders can handle account sizes between $5,000 and $200,000. This evaluation aims to pinpoint skilled and profitable traders capable of adeptly managing risk across the two-step period. It offers trading with 1:100 leverage and provides account funding in USD.
Account Size
Price
$5,000
$50
$10,000
$95
$25,000
$210
$50,000
$315
$100,000
$520
$200,000
$998
In the first phase of the evaluation, traders need to achieve an 8% profit target while staying within the 5% maximum daily loss or 10% maximum loss rules. There’s no specific maximum trading day requirement in phase one, but traders need to engage in a minimum of five trading days to progress to phase two.
Moving to the second phase, traders are required to reach a 4% profit target without exceeding the 5% maximum daily loss or 10% maximum loss rules. Similar to phase one, there’s no maximum trading day requirement, but a minimum of five trading days is necessary to proceed to a funded account.
Successful completion of both evaluation phases leads to a funded account with no minimum withdrawal requirements. Traders must adhere to the 5% maximum daily loss and 10% maximum loss rules. The first payout occurs either 15 or 30 calendar days from the day of placing the initial position in the funded account, while subsequent withdrawals can be requested every 15 traded or 30 calendar days. Traders receive an 80% profit split based on their funded account’s profits.
Two-Phase Evaluation Scaling Plan:
The Two-phase Evaluation doesn’t have a scaling plan.
Two-Phase Evaluation Trading Rules:
Profit Target: Traders must hit a defined profit percentage to conclude evaluation phases, withdraw earnings, or scale their account. Phase 1 requires an 8% profit target, while Phase 2 mandates a 4% profit target. Funded accounts do not have specified profit targets.
Maximum Daily Loss: The maximum allowable loss in a single trading day without breaching the account is set at 5% for all account sizes.
Maximum Loss: Traders cannot exceed an overall loss limit without breaching the account, capped at 10% for all account sizes.
Minimum Trading Days: Both evaluation phases necessitate a minimum of 5 days of trading engagement to successfully conclude.
Stop-loss Required: Traders must place a stop-loss on each position if they wish to be eligible for a reset on their funded account.
Stop-loss Risk Per Position: Prior to entering a trade, traders are required to define a percentage-based stop-loss for each position, with a maximum limit set at 2% per position to be eligible for a funded account reset.
One-Phase Evaluation
In Crypto Fund Trader’s One-phase Evaluation, traders can handle account sizes between $5,000 and $200,000. This evaluation aims to identify skilled and profitable traders proficient in risk management within a single evaluation period. It offers trading with 1:100 leverage and provides account funding in USD.
Account Size
Price
$5,000
$55
$10,000
$105
$25,000
$230
$50,000
$345
$100,000
$570
$200,000
$1,097
During the evaluation phase in Crypto Fund Trader’s One-phase Evaluation, traders need to achieve a 10% profit target while adhering to the 4% maximum daily loss and 6% maximum trailing loss rules. There’s no specific maximum trading day requirement in this phase, but a minimum of five trading days is necessary to progress to a funded account.
Upon successfully completing the evaluation phase, traders receive a funded account with no minimum withdrawal requirements. Traders must abide by the 4% maximum daily loss and 6% maximum trailing loss rules. The initial payout occurs either 15 or 30 calendar days from the day of placing the initial position in the funded account. Subsequent withdrawals can be requested every 15 traded or 30 calendar days. Traders receive an 80% profit split based on their funded account’s profits.
One-Phase Evaluation Scaling Plan:
The One-phase Evaluation doesn’t have a scaling plan.
One-Phase Evaluation Trading Rules:
Profit Target: Traders must achieve a 10% profit percentage to conclude the evaluation phase, withdraw earnings, or scale their trading account. Funded accounts do not have specified profit targets.
Maximum Daily Loss: The maximum allowable loss in a single trading day without breaching the account is set at 4% for all account sizes.
Maximum Trailing Loss: This is determined by the difference between the highest achieved account balance and the lowest point of the drawdown. Traders can sustain a maximum trailing loss of 6% without breaching the account for all account sizes.
Minimum Trading Days: Engaging in a minimum of 5 trading days is necessary to successfully complete the evaluation phase.
Stop-loss Required: Traders must place a stop-loss on each position to be eligible for a reset on their funded account.
Stop-loss Risk Per Position: Traders need to define a specific percentage-based stop-loss for each position, with a maximum limit set at 2% per position to be eligible for a funded account reset.
Is Getting Crypto Fund Trader Capital Realistic?
It’s crucial to assess the feasibility of trading requirements when aligning with proprietary trading firms for your forex style. While a firm might offer appealing high percentage profit splits on well-funded accounts, practicality diminishes if demanding substantial monthly gains with minimal maximum drawdowns, reducing success odds. Evaluating time constraints is key, favoring an unlimited trading period, relieving time pressure. Understanding evaluation and funding stage rules mitigates risks of inadvertently breaching account terms.
Capital acquisition through the Two-phase Evaluation is viable due to modest profit targets (8% in phase one, 4% in phase two) and reasonable maximum loss rules (5% daily, 10% overall). No maximum trading day requirements exist, but a minimum of 5 days is needed. Successfully completing both phases results in an advantageous 80% profit split.
Similarly, acquiring capital via the One-phase Evaluation is feasible due to a 10% profit target and fair maximum loss rules (4% daily, 6% trailing loss). No maximum trading day requirements exist, with a minimum of 5 days needed. Completion grants an 80% profit split.
Considering these factors, Crypto Fund Trader stands out, offering two distinct funding programs—two-step and one-step evaluations—featuring realistic objectives and qualifying conditions for payouts.
Payment Proof
Crypto Fund Trader, established on May 14, 2021, boasts a substantial community of traders who’ve attained funded status, qualifying for profit splits. Upon reaching funded status via the Two-phase or One-phase Evaluation, traders become eligible for their initial payout after 15 traded or 30 calendar days. Subsequent payouts follow if the account size exceeds the initial amount every 15 traded or 30 calendar days, featuring an 80% profit split based on the funded account’s profits.
For proof of Crypto Fund Trader’s payments, various platforms showcase traders’ experiences and payout processes. Trustpilot hosts comments from traders detailing their experiences and successful payout reception. Furthermore, the company’s Discord channel displays numerous payout certificates of their most accomplished traders, serving as additional evidence of successful payouts.
Crypto Fund Trader Traders Feedback
Crypto Fund Trader has garnered significant attention on Trustpilot, with a diverse array of community members offering positive feedback about their services. The firm boasts an impressive rating of 4.4 out of 5, derived from a substantial pool of 188 reviews. Notably, 83% of these reviews have awarded Crypto Fund Trader the highest rating of 5 stars, indicating a strong positive sentiment within the community.
Conclusion
Crypto Fund Trader stands as a reputable and dependable proprietary trading firm, offering traders the flexibility to opt between two distinctive funding programs: the Two-phase Evaluation, a dual-step assessment, and the One-phase Evaluation, a single-step assessment.
The Two-phase Evaluation at Crypto Fund Trader adheres to an industry-standard two-step evaluation process, demanding completion of two phases to qualify for managing a funded account and receiving 80% profit splits. Traders must achieve profit targets of 8% in phase one and 4% in phase two for successful funding. These objectives are realistic, particularly when considering adherence to 5% maximum daily and 10% maximum loss rules. Notably, there are no minimum trading day requirements in either evaluation phase, though traders are mandated to trade for a minimum of 5 calendar days in each phase. It’s essential to note that the Two-phase Evaluation doesn’t include a scaling plan.
Conversely, Crypto Fund Trader’s One-phase Evaluation necessitates completion of a single phase to qualify for managing a funded account and receiving 80% profit splits. Traders need to reach a 10% profit target for successful funding. These objectives are also realistic, especially while abiding by 4% maximum daily and 6% maximum trailing loss rules. Similar to the Two-phase Evaluation, there are no minimum trading day requirements in the evaluation phase, yet traders need to engage in trading for a minimum of 5 calendar days. Additionally, the One-phase Evaluation does not incorporate a scaling plan.
My recommendation is aimed at individuals seeking a reliable proprietary trading firm that offers favorable trading conditions. Crypto Fund Trader stands out with unique features like lower profit targets in the two-phase evaluation, unlimited trading periods, the possibility of initial withdrawals in just 15 calendar days, and lower commission fees. Considering everything that Crypto Fund Trader provides to traders worldwide, it unquestionably represents a desirable choice within the proprietary trading industry.
