Crypto Fund Trader Review: Rules, Challenges, Withdrawal and More

Is Crypto Fund Trader a legit prop firm? Find out in this review.

With so many scams in the trading world, I recommend you only work with the best prop trading companies.

After reviewing 200+ trading companies globally, here are my top recommendations:

• The5%ers (For Non-US Traders)
• E8 Markets (For US-based traders)

Pros

• Amazing 4.3 out of 5 Trustpilot ratings
• There are two cutting-edge funding options available.
• The top private cryptocurrency company
• Participation is not restricted by location
• Numerous cryptocurrency pairs provide competitive spreads that begin at 0 pip
• Low-cost commissions
• A Wide Range of Trading Instruments
• Adjustable Trading Days Traders Overnight

Cons

• No method of scaling
• Single-phase evaluations take trailing drawdown into account.
• Minimum prerequisites for a trading day: 5% withdrawal objective

What is a Crypto Fund Trader?

Crypto Fund Trader’s trading company is part of the RLCRATES, S.L. group. It began operations on May 14, 2021, in Navarra, Spain. CEO Alan Sánchez leads the organization, which provides traders with two types of accounts: one-step and two-step evaluations.

A leading liquidity provider collaborates with a Crypto Fund Trader to create optimal trading settings that closely resemble actual market conditions. The CEO of the company is Alan Sánchez, and its headquarters are located at Calle Pau, 7, Bajo-A, 31016 Pamplona, Navarra, Spain. We will share further information on the CEO later on.

Crypto Fund Trader Funding Programs and Challenges: Rules and Requirements

Crypto Fund Trader offers traders two distinct funding scheme choices.

1. Two-phase Evaluation
2. One-phase Evaluation

Two-phase Evaluation

Crypto Fund Trader’s Two-phase Evaluation allows traders to handle account quantities ranging from $5,000 to $200,000. The primary purpose of the two-step evaluation procedure is to identify skilled traders who can retain profitability while managing risk effectively. Traders can access USD account financing and leverage of up to 1:100 via the Two-Phase Evaluation method.

Account Sizes and Corresponding Prices:

• $5,000
• Price: $50
• $10,000
• Price: $95
• $25,000
• Price: $210
• $50,000
• Price: $315
• $100,000
• Price: $520
• $200,000
• Price: $998

Trades must achieve an 8% profit target in phase one of the evaluation while maintaining a maximum daily loss of 5% and a maximum overall loss of 10%. To proceed to phase two, traders must complete at least five trading days during this phase. There is no limit on the number of trade days.

In phase two, traders must achieve a 4% profit target while adhering to the same daily maximum loss and maximum loss limits. Similar to phase one, there is no maximum number of trading days; however, to qualify for a funded account, traders must trade for at least five days.

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Traders who complete both evaluation steps will obtain a funded account with no minimum withdrawal limits. The only restrictions to obey are the 10% maximum loss and the 5% daily loss limit. Following the initial payment, which is made either 15 or 30 days after the first position is opened on the funded account, the option to withdraw funds every 15 trading days or 30 calendar days is provided. They receive an 80% profit split on the money made in a trader’s funded account.

Two-phase Evaluation Trading Rules & Objectives

• Profit Target: Traders must reach a predefined profit percentage to end an evaluation period, withdraw winnings, or expand the size of their trading account. A profit target of 8% is needed for Phase 1, and 4% is needed for Phase 2. Funded accounts don’t have predetermined profit goals.
• Maximum Daily Loss: Traders are permitted to lose up to 5% of their total daily value in a single trading day to preserve their account balance. All account sizes are subject to this daily loss cap.
• Maximum Loss: A 10% maximum loss cap applies to all account sizes, which can be exceeded without depleting the account balance.
• Minimum Trading Days: Traders must trade for a predefined period to go on to the assessment step. Phases 1 and 2 stipulate that there must be at least five trade days.
• Stop-loss Requirement: Traders must establish a stop-loss for each position before starting a trade to be eligible for a reset on their funded account.
• Stop-loss Position Risk: Traders are required to establish a predetermined stop-loss percentage before initiating any trade. Every position has to abide by the 2% maximum stop-loss rule.

One-phase evaluation

Crypto Fund Traders’ One-phase Evaluation technique allows traders to handle account amounts from $5,000 to $200,000. Finding traders who successfully and profitably manage risks during the assessment phase is the program’s goal.

Account Sizes and Corresponding Prices:

• $5,000
• Price: $55
• $10,000
• Price: $105
• $25,000
• Price: $230
• $50,000
• Price: $345
• $100,000
• Price: $570
• $200,000
• Price: $1,097

Traders must restrict their daily losses to 4% and their trailing losses to 6% to reach their profit target of 10%. They must operate at a 1:100 leverage and use USD for financing. To go on to a funded account, traders must trade for a minimum of five days, though there is no minimum number of trading days.

Traders are given funded accounts with only the 4% daily loss and 6% maximum trailing loss rules to adhere to after the evaluation period. No minimum withdrawal amounts apply. Payouts are paid either 15 or 30 calendar days after the first position is formed, and additional withdrawals can be made every 15 trading days or every 30 calendar days. The traders are entitled to an 80 percent profit share from the money in the funded account.

One-phase Evaluation Trading Rules & Objectives

• Profit Target: Traders must satisfy a predetermined profit margin of 10% to complete the assessment stage, withdraw gains from their account, or expand their trading portfolio. Funded accounts don’t have set profit targets.
• Maximum Trailing Loss: 4% is the cap for all account sizes to avoid going over the account’s threshold. The maximum allowable trailing loss for all account sizes is 6%. This is calculated by deducting the highest account balance from the lowest drawdown point.
• Minimum Trading Days: Traders must trade for a minimum of five days to pass the evaluation process.
• Stop-loss Requirement: Before starting a trade, traders must establish a stop-loss on each position to be eligible for a reset on their funded account.
• Stop-loss Risk by Position: Traders are required to establish a percentage-based stop-loss for each position before initiating trading, with a maximum of 2% per position.

What are Forex Prop Challenges?

Forex prop challenges are a type of assessment procedure used by prop firms, or proprietary trading enterprises, to find exceptional traders and provide them the opportunity to trade with the firm’s cash. These challenges are designed to assess a trader’s capacity to turn a profit while properly managing risk. They comprise a set of trading standards and goals to adhere to over a predetermined amount of time.

Typically, a forex prop challenge consists of two main phases:

• First, traders are given a demo account with a fixed balance and given a task to meet a profit target within a set time frame (typically a month or two) while adhering to other trading standards and maximum drawdown limitations. This is known as the challenge phase. The trader’s capacity to turn a profit within preset risk parameters is evaluated at this step.
• The Stage of Verification: Traders proceed to the verification step once they have completed the challenge phase and followed the rules. While it typically lasts longer and may have slightly different profit targets or standards, this phase is similar to the challenge phase. The objective of this step is to confirm the trader’s dependability and longevity.
• After traders complete both stages, they are often given access to a funded account. This implies that the trader is given responsibility for managing a portion of the prop business’s funds. After a planned split, the trader and the prop firm divided the profits from trading this amount.
• The costs of dealing with currency prop concerns vary depending on the prop firm. By paying this fee, traders guarantee their commitment to the offer and cover the cost of the review process.
• The particular specifications, goals, and structure of prop challenges might differ significantly throughout businesses. Traders ought to fulfill the following prerequisites:
• Profit objectives are the percentage of the account balance that traders need to hit before moving on.
• Limits on drawdown: The maximum amount that can be lost from the account’s peak balance on a daily and cumulative basis.
• The total number of days that must be traded actively throughout the challenge is known as the minimum trading days.
• Limitations on trade styles: Some companies have policies regarding trading strategies, like not allowing high-frequency scalping or overnight holdings.

Except for the first challenge fee, forex prop challenges allow traders to acquire significant trading capital without having to take a financial risk. However, participants should carefully consider the terms of these challenges because the prop firms’ high standards are intended to evaluate traders’ discipline, risk tolerance, and trading ability.

Best Crypto Fund Trader Alternatives

E8 Markets (Best Overall)

E8 Markets is a standout proprietary trading firm praised for its comprehensive and flexible trading programs. Here are some highlights:

1. User-Friendly Technology: The E8X Dashboard is highly intuitive, offering in-depth analytics for evaluating trading strategies. It displays real-time and historical data clearly, helping traders make informed decisions.

2. Flexible Evaluation Process: E8 Markets provides a range of account types, including the E8 Account, E8 Track, and ELEV8 Account. These accounts cater to different trading styles and experience levels, with realistic profit targets and no minimum or maximum trading day requirements. This flexibility allows traders to progress at their own pace.

3. Generous Profit Sharing: Successful traders can enjoy up to an 80% profit split, with opportunities to scale account balances significantly. The firm’s scaling plan further enhances traders’ potential to grow their capital.

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The Trading Pit (Best Resources)

The Trading Pit stands out in the prop trading industry for its comprehensive offerings and robust support for traders. Here’s why traders praise this firm:

1. Diverse Account Options: The Trading Pit offers multiple account types tailored to different trading styles and risk appetites. Whether you’re into forex, futures, or a combination of both, there’s an account that fits your needs. Their VIP accounts, in particular, provide substantial initial balances and the potential to earn significant profits.

2. Profit Sharing: Traders can start with a 50% profit split, which can increase up to 80% for forex and 70% for futures. This incentivizes traders to perform well and maximize their earnings as they progress through their trading journey.

3. Top-Notch Trading Platforms: The Trading Pit supports industry-leading platforms like MetaTrader 4 and 5, ensuring traders have access to reliable, feature-rich environments for executing their strategies. These platforms support various trading styles, from scalping to automated trading.

4. Comprehensive Challenges and Scaling Plans: Their well-structured trading challenges help traders improve their skills while working towards real funding. The scaling plans are particularly impressive, allowing traders to scale up their accounts significantly as they meet performance targets.

5. Strong Partner Network: The Trading Pit collaborates with top brokerage firms and partners globally. This network ensures traders benefit from excellent trading conditions, including tight spreads, low commissions, and deep liquidity pools.

6. Educational and Certification Opportunities: For those looking to grow their trading careers, The Trading Pit offers opportunities to partner with the firm, provide financial advice, and even produce trading signals. They also support traders in obtaining official certifications, enhancing their professional credentials.

Certainly, they are the best available prop firm in the market right now.

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My Flash Funding (Best for New Traders)

My Flash Funding is an innovative proprietary trading firm that offers a supportive and flexible trading environment, making it a great choice for traders. Here are some key highlights:

1. Flexible Trading Rules: My Flash Funding allows traders to hold trades overnight and over weekends, engage in news trading, and use various trading strategies without restrictions on lot sizes or trading styles. This flexibility is designed to empower traders to follow their unique strategies without unnecessary constraints.

2. Evaluation Programs: The firm offers both a one-step and a two-step evaluation challenge. The two-step evaluation has realistic profit targets of 6% for each phase, with a 4% maximum daily drawdown and 8% maximum loss. The one-step evaluation requires a 10% profit target with a 4% maximum daily drawdown and a 6% maximum trailing drawdown. Both programs have no minimum trading day requirements and allow unlimited time to complete the evaluations.

3. Generous Profit Sharing: Traders can earn an attractive 80% profit split, with opportunities to scale their accounts significantly. Payouts are bi-weekly, ensuring regular access to profits for successful traders.

Get Funded Today with My Flash Funding

Crypto Fund Trader Broker: Do They Use a Reliable Platform?

With the help of a tier-1 liquidity provider, Crypto Fund Trader can deliver very accurate replications of real market trading conditions.

Crypto Fund Trader provides traders with flexibility by allowing them to trade using MetaTrader 5 or their own CFT Platform.

Crypto Fund Trader Fees: How Much Do They Charge?

Trading Commission:

Trading Instrument and Commission Fee:

• FOREX:

Commission Fee: 3 USD / LOT

• COMMODITIES:

Commission Fee: 0.0005% per Side

• INDICES:

Commission Fee: 0 USD / LOT

• CRYPTO:

Commission Fee: 0.0125% per Side

• STOCKS:

Commission Fee: 0.002% per Side

Therefore, Forex prop trading fees are the costs associated with participating in a proprietary trading business (prop), particularly those that allow traders to trade the capital of the firm. These fees are a crucial component of the business plan for many forex prop firms, particularly those that run assessment or challenge programs to weed out possible traders.

The following is a breakdown of the many fees that traders may encounter:

1. Costs of challenges

To take part in a trading challenge or assessment program, traders need to pay this amount in advance. The challenge is essentially an evaluation of a trader’s ability to make money while adhering to specific risk management protocols. If the trader is successful, they are usually offered the opportunity to trade with the company’s funds. Challenge fees can vary significantly depending on the firm, the size of the sample account supplied for the challenge, and the difficulty of the task itself.

2. Setup or administration fees for accounts

Certain prop firms charge a one-time setup fee to open and keep a trader’s account. This fee might cover the administrative costs of setting up the trading platform, monitoring the trader’s account, and providing additional backend services that are necessary before the trader can begin trading.

3. Desk fees per month

Desk fees are comparable to what you would spend on using the real or virtual premises and the prop firm’s resources (such as trading tools, data feeds, and software). A monthly payment for access to premium trading platforms or tools may be imposed by some online FX prop organizations; this practice is more common in traditional prop firms with physical trading desks.

4. Divided Profits

Although not a fee per se, the profit split arrangement is a crucial financial component of prop trading. If a trader passes a challenge, they can utilize the firm’s capital for trading, and any profits they make are split into a predetermined ratio between the trader and the firm. Profit-sharing splits, such as 70/30 or 80/20, are quite popular. Since the profit split’s specifics directly affect the trader’s potential earnings, it is important to comprehend them.

5. Data or Software Fees

Traders may occasionally incur additional fees to use specialized trading software, real-time data feeds, or analytical tools that aren’t included in the prop firm’s main package.

6. Training or Education Fees

Some prop companies also provide training classes, trading workshops, and mentoring programs. The trading program may include these as required or elective components, and the price may vary significantly based on the volume and scope of the content.

Key Considerations

1. Value for Money: Considering the access to trading funds, technology, and support that are provided, traders should assess whether a prop firm’s fees are fair for the services they receive.
2. Transparency: Reputable prop businesses are upfront and honest about their charge schedule, with no hidden costs. Traders should thoroughly review all terms and conditions before committing.
3. Risk: Although paying a fee for the ability to trade with much more capital may seem like a good idea, traders should consider the chance that they won’t be successful in the challenge and that they will lose the money they invested.

Prop trading is a unique opportunity for traders on the forex market to leverage larger sums of capital than they normally could. Understanding the price structure is essential to choosing the right prop firm to deal with.

Crypto Fund Trader Proof of Payment:

Crypto Fund Trader is a proprietary trading business that was established on May 14, 2021. It boasts a thriving community of traders who have achieved funded status and are eligible for profit sharing.

After completing the One-phase or Two-phase evaluation with Crypto Fund Trader and achieving funded status, traders can get their first dividend after 15 trading days or 30 calendar days. Depending on the size of the account, payments are made either every 30 calendar days or every 15 trading days. obtaining an 80% profit share on the profits of the borrowed account.

Many platforms attest to the reliability of Crypto Fund Trader’s payments. Traders who have signed up with Trustpilot share their thoughts about the business and vouch for its efficient payout process. The Crypto Fund Trader’s Discord channel features multiple payout certifications from their best traders, which further demonstrates their reliable payments.

Crypto Fund Trader Customer Support:

Crypto Fund Trader understands that to help its partner traders promptly address issues and questions, it must provide excellent customer support. The company makes sure that there are two main ways for clients to get in touch with their technical support staff.

You can communicate with them using the official Discord channel or by sending them an email. Email responses might be slow, therefore people often use Discord for quick communication.

Contact Information:

• Live Chat: Available
• Email address: support@cryptofundtrader.com
• Discord: Available
• Languages Supported: English

What Makes Crypto Fund Trader Unique?

Crypto Fund Trader offers traders two types of account evaluations: a one-step evaluation and a two-step evaluation, in contrast to other proprietary trading organizations. Among the platform’s advantageous features are low earnings targets, unlimited trading periods, cheap commissions, and the option to make initial withdrawals every 30 calendar days or after 15 trading days.

For traders to be qualified for rewards in the Two-phase Evaluation, they need to finish a thorough two-step procedure. Traders have to meet daily maximum loss requirements of 5% and 10% while hitting an 8% profit target in the first phase and a 4% profit target in the second.

There are no maximum trading day limits during the evaluation phase, however, traders must trade for at least five calendar days during each phase. The Two-phase Evaluation is well-known for its short first withdrawal period, low-profit target requirements, and infinite trading duration, even if it does not include a scaling technique.

Crypto Fund Trader Reviews: What Do Their Customers Say?

Crypto Fund Trader has a 4.2 out of 5-star rating on Trustpilot. On the main stage, they are standing close to the platform. On Trustpilot, users have left 219 reviews in total.

#1. Crypto traders are the people I would employ first if I could trade and wanted to make money; I recently received my first payout and am quite pleased with the timely withdrawal of funds from my account. Trading is an art that requires mental toughness and talent.

#2. I’ve been trading for more than three months with this company. I finished the 25k challenge and have already turned a profit of roughly 20%. The business has distributed its earnings with success. The customer service is outstanding and has supported me throughout my trading career, despite the dashboard’s shortcomings and issues with it updating the results.

#3. I appreciate how fast they reply. Still, I wish you could adjust the leverage to suit your needs. A 1:100 ratio is problematic for cryptocurrencies due to the tremendous volatility of altcoins. excluding that excellent platform.

#4. I created a strong SL. Updates won’t be coming anytime soon. My job at SL was still open. Help told me that there was a website bug when I reached out to them. Additionally, they omitted to mention when it will be corrected. Even though they are well aware of their responsibilities, they won’t take it. Furthermore, the customer service is rude.

#5. incredibly unpredictable. need to use it by reloading the page once every minute or two. My approval was not sought when stop loss was repeatedly moved. when I had only opened one position, I had opened multiple. terrible company.

Conclusion

Reputable proprietary trading company Crypto Fund Trader provides traders with two unique funding schemes: the One-phase Evaluation and the Two-phase Evaluation. The Two-phase Evaluation is a conventional two-step evaluation process.

To manage a funded account and be qualified for 80% profit splits, traders must complete both steps. To reach profit targets of 8% in Phase One and 4% in Phase Two, traders abide by regulations capping daily losses at 5% and overall losses at 10%.

There are no maximum trading day restrictions; traders must trade for a minimum of five calendar days during each assessment phase. A scaling plan is conspicuously missing from the Two-phase review. Under the One-phase review, a shortened review process, traders must meet a single 10% profit target to be eligible for a funded account and 80% profit splits.

Traders are required to abide by trading restrictions that cap daily losses at 4% and trailing losses at 6%. They must trade for at least five calendar days throughout the assessment period, however, there is no cap on the total number of trading days. Similar to the Two-phase Evaluation, the One-phase Evaluation lacks a scaling strategy.

I recommend you start trading with E8 Markets. They have already paid out $39,000,000+ to traders and have received thousands of positive reviews online.

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