Welcome to our comparison between City Traders Imperium and PipFarm, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the one-step evaluations that both offer to traders from all across the globe.
Company Details
Company Details | City Traders Imperium | PipFarm |
---|---|---|
Incorporation date | July 2018 | June 2023 |
CEO | Daniel Martin & Martin Najat | James Glyde |
Office Location | London, UK | Singapore |
Scaling Plan |
City Traders Imperium and PipFarm are two reputable and trustworthy proprietary trading firms. City Traders Imperium was incorporated in July 2018 while being managed by their co-founders, Daniel Martin and Martin Najat. They have their offices located in London, UK. PipFarm, on the other hand, was incorporated in June 2023 while being managed by its CEO, James Glyde. Additionally, their offices are located in Singapore.
Funding Program Options
Funding Program Options | City Traders Imperium | PipFarm |
---|---|---|
One-step Evaluation | ||
Two-step Evaluation | ||
Instant Funding |
City Traders Imperium provides their traders with an opportunity to choose between three funding programs to acquire funding, a two-step evaluation, a one-step evaluation, and an instant funding program. PipFarm, on the other hand, allows its traders to choose between three funding programs to acquire funding, a two-step evaluation and two one-step evaluations.
One-step Comparison
Trading Rules/Objectives | One-Step Program | Static Evaluation | Trailing Evaluation |
---|---|---|---|
Profit Target | 10% | 12% | 12% |
Maximum Daily Loss | 3% | 3% | |
Maximum Loss | 6% | 6% | 12% (Trailing) |
Minimum Trading Days | No Minimum Trading Days | 3 Calendar Days | 3 Calendar Days |
Maximum Trading Period | Unlimited | 365 Calendar Days | 365 Calendar Days |
Leverage | 1:10 (1:33 once Funded) | 1:30 (1:50 with XP Milestone) | 1:30 (1:50 with XP Milestone) |
Profit Split | 50% up to 100% + Monthly Salary | 70% up to 95% | 70% up to 95% |
After covering the trading objectives of each company’s one-step evaluations, let’s take a look at the account sizes and costs of these one-step evaluations.
Account Size | One-Step Program | Static Evaluation | Trailing Evaluation |
---|---|---|---|
$4,000 | $59 | ||
$5,000 | $60 | $60 | |
$10,000 | $149 | $110 | $110 |
$20,000 | $299 | $210 | $210 |
$40,000 | $499 | ||
$50,000 | $350 | $350 | |
$60,000 | $749 | ||
$80,000 | $999 | ||
$100,000 | $550 | $550 | |
$200,000 | $1,100 | $1,100 | |
$300,000 | $1,550 | $1,550 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with City Traders Imperium and PipFarm, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
City Traders Imperium | PipFarm | |
---|---|---|
Broker | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions |
Trading Platform | MetaTrader 5 | cTrader |
Trading Instruments
Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with City Traders Imperium and which with PipFarm.
Trading Instrument | City Traders Imperium | PipFarm |
---|---|---|
Forex Pairs | ||
Commodities | ||
Indices | ||
Cryptocurrencies |
Community Feedback
The last topic we will cover is community feedback from City Traders Imperium and PipFarm. The statistics are taken from the Trustpilot page of each of the mentioned companies.
Trustpilot Statistics | City Traders Imperium | PipFarm |
---|---|---|
Rating | 4.5/5 | 4.6/5 |
Number of Reviews | 1,182 | 31 |
5-Star Ratings | 86% | 87% |
City Traders Imperium has an excellent rating of 4.5/5. This is out of a total of 1,182 reviews, where 86% of them are rated as 5 stars. PipFarm, on the other hand, also has an excellent rating of 4.6/5. However, this is out of a total of 31 reviews, where 87% of them are rated as 5 stars.
Conclusion
In conclusion, City Traders Imperium and PipFarm are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. City Traders Imperium has a two-step evaluation, a one-step evaluation, and an instant funding program, while PipFarm has a two-step evaluation and two one-step evaluations.
This concludes our comparison between City Traders Imperium and PipFarm. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!
City Traders Imperium 10% active discount code: FOREXPROPREVIEWS
PipFarm 25% active discount code: FOREXPROPREVIEWS
Our comparison between City Traders Imperium and PipFarm was last updated on 18.06.2024 at 07:21 (CE(S)T).