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Crypto Fund Trader Review

Crypto Fund Trader Review

Crypto Fund Trader is a proprietary trading firm dedicated towards fostering the professional development of traders. Traders have the chance to manage account sizes up to $200,000, enjoy flexible trading, and still receive 80% profit splits. Crypto Fund Trader provides access to a variety of financial markets through instruments such as indices, stocks, forex pairs, commodities, and cryptocurrencies.
Crypto Fund Trader Review

Who is Crypto Fund Trader?

Crypto Fund Trader is a proprietary firm registered under the legal name RLCRATES, S.L. It was incorporated on the 14th of May 2021 and located in Navarra, Spain. The daily operations of the firm, is managed by CEO Alan Sanchez.

Crypto Fund Trader offers two account types: a two-step evaluation and a one-step evaluation. Plus, it is partnering with a top liquidity provider granting traders access to one of the best simulated market trading conditions.

Crypto Fund Trader has its headquarters at Celle Pau, 7, Bajo-A, 31016 Pamplona, Navarra, Spain.

Crypto Fund Trader Review

Funding Program Options

Crypto Fund Trader offers traders two funding program options:

  • Two-phase Evaluation
  • One-phase Evaluation

Two-phase Evaluation:

Crypto Fund Trader Review

Crypto Fund Trader’s Two-phase evaluation aims to identify traders who are not only profitable but can effectively manage risk throughout the two-step evaluation process. Traders have the opportunity to manage accounts ranging from $5,000 to $200,000 while trading with 1:100 leverage.

Phase one requires you to hit a profit target of 8% without exceeding their 5% maximum daily loss or 10% maximum loss rules. There are no maximum trading day requirements during this phase. However, you are expected to trade for at least 5 days to proceed to phase two.

For evaluation phase two, you are required to meet a 4% profit target without surpassing their 5% maximum daily loss or 10% maximum loss rules. Like phase one, there are no maximum trading day requirements but you are expected to trade for a minimum of five trading days to receive a funded account.

Once both evaluation phases are completed successfully, you will receive a funded account. There are no minimum withdrawal requirements but you must respect the 5% maximum daily loss and 10% maximum loss rules. Your first withdrawal is 15 or 30 days after you open your first trading position as a funded trader. All subsequent withdrawals every 15 or 30 days. The profit split will be 80% depending on how successful you are.

Two-phase Evaluation Scaling Plan:

There is no scaling plan for the two-phase evaluation.

Two-phase Evaluation Trading Rules:

  1. Profit Target: All traders must meet the specified profit percentage to conclude the evaluation phase, withdraw earnings, and scale their account when necessary. For phase one, the profit target is 8% while for phase 2 the target is 4%. However, funded accounts do not have designated profit targets.
  2. Maximum Daily Loss: A trader is only allowed to lose a certain amount in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
  3. Maximum Loss: The maximum loss limit is the amount a trader is allowed to lose overall on his trading account. The limit is set at 10% for all account sizes.
  4. Minimum Trading Days: Traders are expected to trade for a certain number of days to successfully conclude the evaluation phase. Both evaluation phases for this program have a minimum trading day requirement of 5 days.
  5. Stop-loss: Before executing a trade, it is necessary for a trader to place a stop-loss in each position. This is done to reduce the loss taken by your account.
  6. Stop-loss Risk Per Position: A trader is required to set a maximum stop-loss of 2% for every position taken. This means that no more than 2% of your total trading capital is exposed to risk in a single trading day.

 

One-phase Evaluation:

Crypto Fund Trader Review

Crypto Fund Trader’s one-phase evaluation aims to identify traders who are not only profitable but can effectively manage risk throughout the one-step evaluation process. Traders have the opportunity to manage accounts ranging from $5,000 to $200,000 while trading with 1:100 leverage.

The evaluation phase requires you to hit a profit target of 10% without exceeding their 4% maximum daily loss or 6% maximum trailing loss rules. There are no maximum trading day requirements during this phase. However, you are expected to trade for at least 5 days.

Once the evaluation phase is completed successfully, you will receive a funded account. There are no minimum withdrawal requirements but you must respect the 4% maximum daily loss and 6% maximum trailing loss rules. Your first withdrawal is 15 or 30 days after you open your first trading position as a funded trader. All subsequent withdrawals every 15 or 30 days. The profit split will be 80% depending on how successful you are.

One-phase Evaluation Scaling Plan:

There is no scaling plan for the two-phase evaluation.

One-phase Evaluation Trading Rules:

  1.         Profit Target: All traders must meet the specified profit percentage to conclude the evaluation phase, withdraw earnings, and scale their account when necessary. For phase one, the profit target is 10%. However, funded trading accounts do not have designated profit targets.
  2.           Maximum Daily Loss: A trader is only allowed to lose a certain amount in a single trading day without breaching the account. All account sizes have a maximum daily loss of 4%.
  3.         Maximum Trailing Loss: The maximum loss limit, is the amount a trader is allowed to lose overall on his trading account. The trailing loss limit is set at 6% for all account sizes.
  4.       Minimum Trading Days: Traders are expected to trade for a certain number of days to successfully conclude the evaluation phase. Both evaluation phases for this program have a minimum trading day requirement of 5 days.
  5.       Stop-loss: Before executing a trade, it is necessary for a trader to place a stop-loss in each position. This is done to reduce the loss taken by your account.
  6.       Stop-loss Risk Per Position: A trader is required to set a maximum stop-loss of 2% for every position taken. This means that no more than 2% of your total trading capital is exposed to risk in a single trading day.

What Sets Crypto Fund Trader Different From Other Prop Firms?

Crypto Fund Trader sets itself apart from other leading prop firms because of its unique approach to trading. It offers two account types: a two-step evaluation and a one-step evaluation. Both account types are designed to cater to a range of trading styles and needs.

Crypto Fund Trader two-phase evaluation requires traders to successfully complete two steps before receiving a funded account. The profit target for phase one is 8% and 4% for phase two without surpassing their 5% maximum daily loss or 10% maximum loss rules. There are no maximum trading day requirements but you are expected to trade for at least 5 calendar days.

Crypto Fund Trader’s one-phase evaluation, requires traders to successfully complete one step to receive a funded trading account. The profit percentage is 10% with a 4% maximum daily and 6% maximum trailing loss rules. There are no maximum trading day requirements but you do have to trade for at least 5 calendar days to qualify for an account.

Keep in mind that both account types do not have a scaling plan.They also provide favorable conditions such as low profit targets, realistic loss limits, and effective risk management tools to reduce the damage your account takes during every trade.

As a prop trading form, Crypto Fund Tradercomes highly recommended for its stand-out offerings

 

Is Getting Crypto Fund Trader Capital Realistic?

Before trading with a prop firm, it is important to access its features and trading requirements to determine if it aligns with your trading style and needs. Time constraints are also an important factor to consider.

Flexibility in trading is essential because it takes the burden off an already stressful process. Moreover, the more time you have to trade, the easier it is to acquaint yourself with the trading rules of the prop firm.

Receiving capital from Crypto Fund Trader is realistic because:

Crypto Fund Trader two-phase evaluation sets realistic profit targets (8% in phase one and 4% in phase two) coupled with modest maximum loss rules (5% maximum daily and 10% maximum loss). There are no maximum trading day requirements but there is a minimum trading day requirement of 5 days before you can pass the evaluation phases. Upon completing both phases traders qualify for a profit split of 80%.

Crypto Fund Trader one-phase offers an average profit target of 10% coupled with modest maximum loss rules (4% maximum daily and 6% maximum trailing loss). Keep in mind that there are no maximum trading day requirements but there is a minimum trading day requirement of 5 days.

With its realistic trading conditions and convenient features, Crypto Fund Trader comes highly recommended and a good choice for traders looking to grow in their trading journey.

 

Payment Proof

As a prop trading firm, Crypto Fund Trader has garnered a large community of traders who have reached funded status and enjoy the benefits that come with it.

You can find payment proof on websites such as Trustpilot where numerous traders share their experience about Crypto Fund Trader and how successful they’ve been on the platform.

Another way to find payment proof is on their Discord channel where traders post payout certificates.

Crypto Fund Trader Review
Crypto Fund Trader Review
Crypto Fund Trader Review

Support

Crypto Fund Trader doesn’t offer educational content to its community. However, clients have access to a professional dashboard that offers useful tools to elevate user experience.

To address issues while cryptocurrency trading, you can reach out to customer support through their live chat or via email at support@cryptofundtrader.com. You can also chat with customer care on their Discord and Telegram channels.

 

Is Crypto Fund Trader Legit?

Crypto Fund Trader has built a reputation for itself as a trustworthy prop firm that traders can rely on.

Crypto Fund Trader account programs are designed to cater to traders of all experience levels and provide an opportunity to grow your account exponentially. You can trade major cryptocurrency pairs along with other instruments such as stocks and indices.

There are no time limitations for both account types giving you enough time to test your intraday trading strategies and acquaint yourself with the platform. However, you are still required to trade for at least 5 days and meet the intraday trading requirements stipulated by the prop firm before you become a funded cryptocurrency trader. 

The prop trading firm you choose to work with can make or break your experience. This is why Crypto Fund Trader is a desirable choice for traders as it provides favorable trading conditions to take your trading journey to the next level.

For more information to enhance trading success you can visit our website and read comprehensive reviews of forex proprietary trading firms and get the latest prop firm news by visting our website

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