Proprietary trading (prop) firms have become a popular route for skilled traders to access significant capital without risking their own money. CryptoFundTrader is a prominent name in this space, focusing heavily on the crypto market but also offering a wide range of other instruments. Is it the right fit for you?
This review breaks down everything CryptoFundTrader offers, from its evaluation programs and trading rules to its unique features, to help you make an informed decision.
What is CryptoFundTrader?
CryptoFundTrader is a prop firm that provides traders with access to “virtual” capital of up to $300,000. The business model is simple: you prove your trading skills in an evaluation or “challenge,” and in return, the firm provides you with a funded account where you can earn a significant share of the profits.
It's important to understand that you are always trading on a demo account, even after getting “funded.” The firm rewards you with a real payout based on your performance on this simulated account. They have a global presence with offices in Switzerland, Spain, and the UAE and are partnered with major platforms like BYBIT and MetaTrader 5.
The Evaluation Process: How to Get Funded
CryptoFundTrader offers several pathways to get funded, primarily centered around one-phase and two-phase evaluation challenges.
1-Phase Challenge
This is a straightforward, single-step evaluation.
- Profit Target: 10%
- Maximum Daily Loss: 4%
- Maximum Overall Loss: 6% (Trailing)
- Minimum Trading Days: 5
- Time Limit: None
2-Phase Challenge
This is a more traditional prop firm model with two steps to pass before getting funded.
- Phase 1 Profit Target: 8%
- Phase 2 Profit Target: 5%
- Maximum Daily Loss: 5%
- Maximum Overall Loss: 10% (Static)
- Minimum Trading Days: 5 per phase
- Time Limit: None
The firm also offers “Instant” and “Ascend” programs, providing alternative routes for traders looking for different funding structures.
Key Features & Trading Conditions
CryptoFundTrader stands out with several compelling features:
- High Profit Split: Traders start with an impressive 80% profit split, which can scale up to 90% as the account grows.
- No Time Limits: A huge advantage is the absence of time pressure. You can take as long as you need to meet the profit targets in the challenges.
- Generous Leverage: Access to up to 1:100 leverage across all instruments.
- Wide Range of Assets: You're not just limited to crypto. The firm offers over 900 tradable instruments, including 715+ crypto pairs, forex, indices, stocks, and commodities.
- Flexible Trading Rules: There are no restrictions on trading during news events, holding trades over the weekend, or using Expert Advisors (EAs).
- Choice of Platforms: You can trade on MetaTrader 5 (MT5), Match-Trader, or directly on the BYBIT platform.
Pros and Cons
| Pros | Cons |
|---|---|
| High profit split (up to 90%) | Strict drawdown rules can be challenging |
| No time limits on challenges | The variety of programs can be confusing |
| Wide variety of tradable assets | Payouts are based on virtual performance |
| News trading and EAs are allowed | Trailing drawdown on 1-phase is difficult |
| Multiple trading platforms |
Who is CryptoFundTrader For?
This prop firm is an excellent option for:
- Confident Crypto Traders: The extensive list of crypto pairs and BYBIT integration make it a top choice for those who specialize in the crypto market.
- Systematic Traders: Traders with a proven strategy and strong risk management skills will thrive under the clear rules and high profit potential.
- Traders Who Dislike Time Pressure: The unlimited time to complete challenges removes a major psychological barrier present at many other firms.
Conclusion
CryptoFundTrader presents a compelling and competitive offer in the prop trading industry. Its combination of a high profit share, flexible rules, and a strong focus on cryptocurrency makes it a standout choice, especially for those comfortable with the unique volatility of the digital asset market.
While the drawdown rules require discipline, the lack of a time limit provides a fair environment for skilled traders to prove their abilities and access significant earning potential.
