Yay or nay?
Discover what the internet is saying about Crypto Fund Trader.
Upgraded Reviews scanned the web to find out what real users are saying about Crypto Fund Trader.
See the highlights below and decide for yourself!
Table of contents
- ✅ Pros
- ❌ Cons
- ⚖️ Summaries
- 💸 Top Discount
✅ Pros
“The firm offers two innovative funding programs, catering to traders globally with competitive spreads starting at 0 pips, affordable commissions, and a wide range of trading instruments like crypto, forex, stocks, and commodities.”
“Traders can react swiftly to market-moving news events, capitalizing on opportunities in the cryptocurrency and financial markets.”
“The platform, CryptoFundTrader, is user-friendly, intuitive, and designed specifically for cryptocurrency trading.”
“Indices trading is commission-free, appealing to those interested in market indices without the burden of additional fees.”
“Funded traders enjoy an 80/20 profit split where they keep 80% of the profits generated.”
“Flexible trading conditions, including no daily loss limits and immediate payment options within 15 days, further enhance its appeal.”
“It is open to traders globally.”
“Crypto Fund Trader offers a trading environment with flexible rules to accommodate various trading strategies.”
“Crypto Fund Trader offers favorable trading conditions across all major asset classes, including cryptocurrencies, Forex, indices, commodities, and stocks.”
“It has impressive Trustpilot rating of 4.3 out of 5.”
“Crypto Fund Trader has a competitive fee structure designed to keep trading costs low for funded traders.”
“It specializes in cryptocurrency trading.”
“The fee structure is straightforward and aligned with their claim of allowing skilled traders to grow accounts.”
“They have their own CryptoFundTrader platform, which is available on the web, PC, iOS, and Android.”
“MetaTrader 5 platform is available.”
“It offers 1:100 leverage on advanced accounts.”
“Crypto Fund Trader stands out with its relaxed trading rules, offering no trading fees and no time restrictions.”
“Leverage provides high earning potential even with a small balance.”
“Unlike traditional markets, Crypto Fund Trader permits users to hold positions overnight and over weekends, accommodating various trading styles.”
“Major deposit and withdrawal options, including cryptocurrency wallets and bank cards, are available.”
“Traders benefit from high leverage of up to 1:100, and they can trade news, hold positions overnight, and even trade over weekends.”
“They are also the first prop firm that actually shows proof of reserves.”
“Flexible trading days and overnight trading opportunities are available.”
“Two innovative funding initiatives are available.”
“Crypto trading incurs a commission of 0.0125% per side, offering a cost-effective option for cryptocurrency enthusiasts.”
“All kinds of challenges: instant funding, 1-phase, and 2-phase.”
“There are 5 asset groups in the broker’s pool, which is a trading partner of Crypto Fund Trader. The spreads and trading commissions are lower than the market average.”
“Commodities traders benefit from a low commission rate of 0.0005% per side, emphasizing the platform’s competitive edge in this asset class.”
“Accounts can scale.”
“Forex trading commands a commission of $1.5 per lot per side, providing clarity and predictability in trading costs.”
“Through passing the evaluation phases, you can get funded with up to $200,000 to put towards trading.”
“Other advantages include 0 pip spreads, high 1:100 leverage, the ability to trade various asset classes like crypto and forex, and flexible programs you can choose from based on your skills.”
“Traders can execute trades at any time, as there are no time constraints or limitations imposed on their trading activities.”
“It is focused on crypto but also offers Forex and other CFDs instruments.”
“Stocks are traded with a commission of 0.002% per side, catering to equity market participants.”
“Traders are partially allowed to use any trading methods and strategies, keeping 80% of the profit.”
“They offer credit card and cryptocurrency payment channels and accept 29 different cryptocurrencies from Coinbase Commerce.”
“Users do not incur recurring trading fees, which can help maximize their profits.”
“If you pass their 2-phase evaluation challenge successfully, they will provide you with up to $200,000 in funding and not be liable for losses.”
“The minimum deposit is $50, and one or two-step challenge with no time limits.”
💸 Top Current Discount
❌ Cons
“Funded traders still have to navigate the inherent uncertainties and volatility of the markets. This could make hitting profit targets difficult.”
“Traders cannot scale their accounts after the challenge.”
“You won’t be trading on MetaTrader 4 or MetaTrader 5.”
“There is a requirement for successful trading days.”
“There is limited growth planning.”
“Student accounts only have up to 1:30 leverage.”
“On accounts with a one-phase challenge, the profit target is quite high at 10% of the capital.”
“Traders must hit a 5% profit target before being eligible to make withdrawals, which can delay accessing funds.”
“The single-phase assessment has a trailing drawdown, which can add pressure to traders.”
“The company prohibits its clients from using high-frequency trading, those are trades that are shorter than 30 seconds.”
“Subscribing to this crypto funded trader program, you also take on financial risk with the upfront costs to enter.”
“There is 5% withdrawal target.”
“There is a requirement for a minimum number of successful trading days, which may restrict flexibility.”
“The lack of growth planning make it difficult for traders to scale their accounts beyond $200,000.”
“The evaluation phases pose a challenge, as traders must meet specific profit targets without exceeding the maximum daily and total loss limits in order to get funded.”
“Those who fail the evaluation lose their entire registration fee and do not get funded.”
“Trailing drawdown in single-phase assessment.”
“Profit split 80%. Could be better but it’s not bad either.”
⚖️ Final Say
Read the summaries of what reviewers think about Crypto Fund Trader below.
“Crypto Fund Trader is a safe and secure Proprietary Trading Firm. However, No Proprietary Trading Firm is perfect, and Crypto Fund Trader is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to Crypto Fund Trader.”
“Crypto Fund Trader is a prop trading firm based in Switzerland. You can get a funded account with up to $200,000 in balance and an 80% profit split payout. The accounts can scale up to $1,280,000. To get access to a funded account you can choose between an instant funding program or a 1-phase or 2-phase challenge evaluation. You can trade Crypto, which is the main focus, but there are also Forex and other CFDs instruments available. You can use MT5 or one of their proprietary platforms to trade.”
“Overall, prop firms like CFT give traders a chance to access more capital. Yet, the path to getting funded involves skill, strategy, and accepting the risks. When choosing any prop firm, traders should research thoroughly. They should analyze their own capabilities and determine if the potential rewards outweigh the challenges.”
“Traders Union expert Anton Kharitonov recommends users to consider a more reliable partner with better conditions, as, according to reviews, many clients of this firm are not satisfied with the company’s work. Crypto Fund Trader ranks 43 among 52 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria and a test on how to open an account.”
“Crypto Fund Trader is a legit prop trading firm that provides some of the best market conditions. Although they are new to the prop trading industry, the fact that they offer 100:1 leverage on all assets, a 0 pip spread, no fee, no trading restrictions, and no time limits on challenges makes them a very appealing option.”
“It is an attractive option for traders across different markets. Whether trading cryptocurrencies, commodities, stocks, forex, or indices, Crypto Fund Trader offers a clear and concise fee model to support effective trading strategies.”
“We highly recommend Crypto Fund Trader to individuals in search of a trustworthy proprietary trading firm that offers favorable trading conditions. Traders are offered a range of distinctive features, including modest profit targets during their two-phase evaluation, unrestricted trading periods, the ability to make their first withdrawal after just 15 calendar days, and minimal commission fees. After carefully evaluating all the features and benefits that Crypto Fund Trader provides to traders around the globe, it is evident that they are an excellent option within the prop trading sector.”
“With a focus on cryptocurrency trading, Crypto Fund Trader offers flexible trading conditions and a no-time-limit policy. Traders can benefit from a diverse range of payment methods and access over 380 tradable instruments. Various pricing options are available, and customer support can be contacted through email and live chat. Crypto Fund Trader may be a solution for individuals interested in proprietary trading.”