City Traders Imperium Review

You might want to read this is you in City Traders Imperium or thinking of joing. READ THIS FIRST.

RUN FAR AWAY.City Traders Imperium use puppets like Etienne who himself apparently teaches trades how to be successful in prop firm trading but clearly has never been successful himself. All of these fakes sell you an idea they have never and will never attain themselves. I know it’s human nature to try to believe the best in people but sadly this is really life, people are liars. Etienne is used to promote their business to just to invite more suckers to try and ultimately fail their funded program. So that the CEOs Daniel and Martin that claim to be “consistent traders” can make money from those that lose. Employing lost puppets like that Rodrigo idiot and Jamie Morris clown who lie about being “portfolio managers”. Jamie Morris simply failed at his previous prop firm, audacity capital, trust me I know,he now as joined the scammy team to earn monthly from suckers. CTI Claim the capital is their own. HAHA let me just laugh on that, it so clearly is not. You’re telling me Daniel that claimed to come to the UK in 2000 and whatever then built up millions to fund his own prop firm?! And his apparent prodigy of a mentee Martin Najat who also miserably failed trading in Audacity capital. Guys Stay away from City Traders Imperium, it is a ponzi snake oil scheme.
The capital is not CTIs, they are lying.
They will also claim that their “successful students are private” that is a lie. They do not have any successful students. City Traders Imperium popped up out of no where and is not credited, do not fall for their lies.
They will also claim they are changing their drawdown from being a relative drawdown to an absolute drawdown. This does not make a difference. The odds are still against you. Drawdown is apart of trading and if a system requires you to make 2.5 what you lose then you are not going to win. I guess you’ll only understand if you’re an experience trader.

Believe nothing, question everything.

I am a trader still on my journey, trust me it is so much easier to sell success from trading than to actually be it. Which is clearly what each and every one of them do. Daniel will request to be on YouTube podcasts to trick more fools into believing they’re legit. Ok you apparently made $200,000 during the beginning of a global pandemic, so what? And it’s very likely that he didn’t, the account is probably a demo account or something else. Guys how much longer will we fall for fake scams like IML (IM), Cash FX, City Traders Imperium! They are just there etc take from you.

I have traded for CTI for a while now. Just like any other “trading scheme” out there they will make you feel as if you are really benefiting from their relationship but sadly you’re not.

Their system is negative equity, it is designed to make you lose in the long term. When you have a continuous profit target of 10% and a Trailing drawdown of 4% you will fail at some point, usually sooner than later.

My proof? Take a look at those that have began the challenges, those that have passed by chance because honestly the odds are so heavily against you. Where are they now? A tiny % of people pass the evaluation and CTI make sure that they post these “winning traders” on their site to try to show you that it is possible. But how many of those traders make it through the next round and the next and the next.

Yes you guessed it NONE. Unless CTI are ready to show otherwise.(They can’t :slight_smile: )

CTI is like a casino, the house always wins. They will put things in place that cause them to win in the long term while most of their “traders” fail in the long term. They know they have a failure rate of 95%+ so happily they take the one time fees and kiss you on your way. When you’re not successful they will sell you some motivational words, saying “focus on your psychology” “follow your plan” etc etc to encourage you to try again and pay the 1-time fee again. All the while selling something they themselves could not even pass. We have seen this time and time again, celebrities endorsing food/drink and cosmetic products they have in reality never used just to make sales using sweet words. This is the same.

The reason I said their “own” challenge is because it’s not really their own. The capital in the accounts, is not theirs. Their parameters, are not theirs. They are just like any white label reseller, trying to sell the same thing another is selling to make money.

But they will never tell you all of this.

You have people that have been claiming to be “portfolio managers” for several months now but again with schemes like this it’s unlikely for you to stay on the same level, you either go forward or you fail. These people that claim to be “portfolio managers” have failed and lost the accounts. If you want proof contact me. CTI won’t tell you they have a failure rate of over 95%. They claim they have successful traders who are “private” trust me this is a lie.

All these apparent “Portfolio Managers” where are they today? Failed that’s right so we don’t hear of them and CTI don’t talk about them.

Another great question to ask is about the Head Traders, the founders that claim to be professionals with rags to riches stories and heart warming trading journey stories.

But are they just selling these funded accounts that they sadly and evidently cannot pass themselves? YES

They promise that they do not make a dime from people paying the 1-time fees but this is just an out right lie, I have worked as staff in a different prop firm previously. So they shouldn’t bother trying to lie to me. Also CTI as a registered UK business would be pointless if they didn’t rake in cash from one-time fees as they don’t make money any other way.

They may not make allot from the 1-time fees but the difference between the Drawdown on each failed account and the 1-time fee paid is what they pocket.

Claims of being “successful traders” are well know in this game. Claims that are always never backed. A common practice of prop firms is to sell other things in order to make their own independent money, aside from the profit they share with their “investors”. A community was recently rolled out by their founders and particularly by someone who claims to be a “portfolio

Manager” to traders but has confessed to failing the “portfolio manager” level and starting again and failing.

He is the chief of marketing at CTI…

Why else would they roll out this big community, no other reason than to make money and I understand, if it doesn’t make money it doesn’t make sense. But profiting off the fact that you’re selling a lie is low but expected from most, it has gone on for centuries.

To cut a long story short, their are so many snake oil sales men out her now adays you can’t even tell what’s real or what’s fake.

With their constant lying promises.

All I can advise anyone about to start here is require proof, how many people have reached the Millionaire Trader tier, how many people fail the challenge, of those that do pass how many stay on or go onto fail the next stage.

Props to them “no pun intended :)” but again just know what it is you’re getting into, if they wanted you to succeed and trade consistently over the long term they wouldn’t have a 4% relative drawdown with a 10% target. Which simply means the odds are against you.

Other closing comments, although it’s not on their website anymore they once claimed 90% of their students are successful and I was confused because I don’t even know what they mean by students. Where is the proof?! Let me guess no where and this was a very precise number which makes it even less believable. I think we all know it’s not true because it is no longer on their website.

It is clear they are desperate for money, that’s the thing with scamming people you will continue to take so long as the opportunity is there.
They used to have a “successful” copy trader. city Traders Imperium ‘s copy trader worked for a few months and failed and is no longer on their website. Guys this happens time and time again, City Traders Imperium is no different. If you want to just give them your money you might as well send it directly to them, because you’re being scammed by City Traders Imperium.

More exposing will follow shortly. I know so much it’s hard to contain it in these long paragraphs.

Let me know your experience guys and I will post more truth about City Traders Imperium and
how they really work.
Again, believe nothing and question everything.

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Wow I just came across it last week and I developed interest in their service but after reading this, I have to take a step back. So what are some of the trusted founded program out there?

Hi Ayaaba

There are very few creditable prop firms there. To be honest most prop firms are just fakes of the real thing. The real proprietary trading firms in Wall Street and London will give you capital to trade but will also pay you a base salary. To enter these prop firms you actually need a degree to be honest.

Audacity Capital, SMB Capital etc are the best. You at least have a chance, although they dont pay you a salary. You at least have a chance for success and to grow. Companies like City Trader Imperium, 5%ers etc create a model that will cause all trades to ultimately fail.

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City Traders Imperium is bottom tier, they claim to be the best but they are not. They get you hopes up to “possibilities” that will really never happen and “possibilities” that have never happened for anyone including themselves. I am referring to the “CEOs” that sell the funded accounts but cannot successful pass and climb the ladder of their own “prop firm” accounts.

*Just a note, CTI have no accreditation, they dont even have a trading floor or any visible place of business. Hence why we see pictures of them in a rented office that they pay for by the hour or day…
All their random claims of being the best are mind games guys, they are just very kind scammers, that aren’t putting.a gun to your head to steal your money, but they are filling you with false dreams and false hope.

Ok so City Traders Imperium have changed some parts of their rules let me tell you what they really mean.
Firsty changing the rules is a huge attempt to make people feel as if they are listened to and can get what you want.
You cant and you wont.
Suckers sorry I mean traders that come to CTI all have the hope of one day managing $2mill let me tell you first hand, it will never happen. Why? Because of their rules that are set up for you to fail and you dont know it.

CTI Rules change review

I have no comment on the first 2 rules, only that they are just distractions. They are 2 point less rules taken off just to make it seem like they have changed alot of things “ALL FOR THE BENEFIT OF THE TRADER”.

THIS IS OBVIOUSLY A LIE, AS THEIR OWNY AIM IS TO GET AS MANY TRADERS IN AND THROUGH THEIR CHALLENGE AS POSSIBLE IN ORDER TO FAIL EITHER AT THE EVALUTION LEVEL OR THE NEXT LEVEL. Ask Rodrigo and every other failed trader.

Think about it for their $50k account - £400
To make a £1,000,000 all you need is 2500 SUCKERS.

Wake up people, they dont care about you.

Rule 1: No more 45 Trade Minimum
Rule 2: No more 4 trading day/month minimum

Rule 3: Adding Gold+Indices
This is very clear, if you have been at CTI for a while youll know they really dont want you to trade Gold of indices because of the volatility and potential for huge loss and gain fluctuations. Hence why they have made it available on the Portfolio manager level, most people dont even make it to this level anyways. This is just another attempt at falsely giving people what they want but knowing deep down you’re still using them.

Rule 4 - No more Relative Drawdown
Wow this is actually good!

  • Yeah I lied, again they are acting as if they are doing the best for you but they aren’t and you will see why.
    Regardless of whether it is relative or absolute. A profit target of 10% with a 4% is negative equity in order to consistently be profitable long term, you wither need a consistent profit factor of 2.5+ or just need to get very LUCKY.
    Traders get lucky at CTI, eventually get to the next level and dont make it. CTI will tell you it is because of you “psychology”.
    NO. They have set the model up for you to fail.

Rule 5 - Changing Profit Share
This is just stupid again the split hasn’t changed for the evalutaion.
THis is probably what most traders will focus on, THey will dream of trading $2million and keeping 70% of profits made.

HEY WAKE UP, THAT WILL NEVER HAPPEN.
Just like me when I was there the talks of the golden trader team or whatever, trading larger capital (MORE MONEY) hook you. I would love to trade 1mill, 2mill, 10 mill
But yh it wont ever happen so try and fail and come back and tell me about it.
This is not me being spiteful it is me being truthful and realistic about this DEMON CALLED CITY TRADERS IMPERIUM.

Rule 6 - Extended Profit Target
Here we go. They have to create a further way for you to fail. A 4% Absolute drawdown wasn’t now enough, they need to extend the PM target to make it more impossible for anyone to pass the next level.
LIKE I HAVE SAID IF ANYONE HAS PASSED THE LEVEL AFTER THE EVALUATION LEVEL, Prove it.

12.5% / 4% = 3.125

You need a consistent Profit factor of 3.125 or more

OR YOU NEED LUCK

The last 2 rules are irrelevant

So guys please wake up and dont waste your money.
My best advice is either trade and grow your own capital YoY.
Stop with unrealistic expectations, 90% return a year, erm show a verified live account $100,000+ account track record and I will believe it. 30% a year is fine and definitely more sustainable.

Or try real prop firms, you will need a degree. But trust me it is so much better, Imagine getting a salary and also trading capital. Even if you return 5% a year your bonus can be substantial.

But if not Audacity capital are the most credited prop firm. Analyse their rules and you will realise they are made to help you win. Not every one will but the rules arent their to trip you up at least
Either grwo your capital, 30

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Audacity is a joke, and you clearly work for them.

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You don’t like their funding model and their trading rules. Fair enough, I don’t like it either. BUT WHERE IS THE SCAM PART OF IT?

Do they reject traders who meet the funding criteria? Don’t they pay out the profits they promise? Are there unacceptable delays in the withdrawal process? These questions are interesting, not whether any of their traders has been rejected elsewhere. Barcelona didn’t want Maradona anymore and in Naples he became the best player of his time. So much for that.

You claim they are running a Ponzi scheme. PLEASE PROVIDE THE PROOF! You claim that you have proof for everything your talking about. THEN PLEASE DO NOT HESITATE TO DISCLOSE IT!

You claim that most traders will fail with this prop firm. Probably you’re are right, but ít has nothing to do with this company. Most traders will fail in the long run, no matter where or what they trade. That’s the point.

All the things you criticize can be read on their website. What’s the problem? If your trading journal and/or backtesting is not sufficient to meet these conditions, stay away from their evaluation and look around for another company. Nothing is hidden or intransparent. They write that they are interested in the top 1% of traders, not in every Tom, ■■■■ and Harry. Isn’t that clear enough?

If you don’t like them, stay away from them. It’s so easy as it sounds. But if you’re going to bash anyone like that, don’t forget to provide your evidence.

Last point, you’re talking about the real proprietary trading firms In NYC and London. So please let everybody know EXACTLY which requirements these firms have. And above all, name the companies that provide seven-figure trading accounts without requiring the toughest criteria. I am very curious.

Thank you very much.

The guy has clearly failed the evaluation and trying to exact some kind of revenge by fear mongering everyone else.

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I’ve never used this prop firm but I can’t see how they’re a scam. You say they want you to fail so they can keep your fee, but using their $70k account as an example, they give you $17.5k during the evaluation, you pay a fee of £550 and the 4% drawdown works out as $700. What do they gain from keeping your fee?

I think people have hit the nail on the head; you’ve obviously failed the evaluation and have come online to try to discredit them.

It seems to me like they’re one of the fairest prop firms out there. They give you a year to pass the evaluation instead of the usual 30 days, as well as a smaller profit target than most. They just don’t want people to over risk; they want traders to manage their risk and make a consistent profit over a longer period of time.

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@thetraderldn, IMO CTI is the best Prop firm out there. Only CTI gives traders 1 year to make 6% / 7% profit target. No monthly fees. What else do you want? You hate them because you failed your evaluation. Sorry about that.

Its not a scam, if you understand the game that you are playing. They used to be a white label service for the5ers, so the rules are almost identical.

Just understand the idea of being a longer-term trader, and that you are taking money from the other traders. Just like in the real markets. I have 3 funded accounts at the5ers, and am currently trying out CTI. I am about halfway to getting funded, and so far everything is ok, but to think that you are trading real money is a joke. You are not. Ever. Even when funded.