In this article, we will compare The5%ers and City Traders Imperium in general and what they offer to forex traders.
In this article, we will compare The5%ers and City Traders Imperium in general and what they offer to forex traders.
In this article, we will go through what The5%ers and City Traders Imperium have to offer. We will compare the firms in general and what they offer to forex traders.
1. Company incorporation
The5%ers | City Traders Imperium | |
Incorporation date | April 2016 | July 2018π |
The5%ers and City Traders Imperium are legitimate proprietary trading firms. The5%ers was incorporated in April 2020. City Traders Imperium, on the other hand, was incorporated in July 2018. Both proprietary trading firms have been working for quite some time, they have made an excellent reputation for themselves and are still attracting attention from forex traders worldwide.
2. Funding program options
Funding program options | The5%ers | City Traders Imperium |
One-phase evaluation | β | β |
$100k Bootcamp | β | β |
Freestyle | β | β |
Direct funding | β | β |
The5%ers and City Traders Imperium have the following funding program options that their community can choose from. The5%ers has a $100k Bootcamp, Freestyle, and direct funding program, while City Traders Imperium has a one-phase evaluation and direct funding program.
Letβs look at the comparison between their direct funding programs since both proprietary trading firms are offering them.
Direct funding program comparison:
Rule/Guideline | The5%ers low-risk | The5%ers aggressive-risk | City Traders Imperium |
Profit target | 6% or 7%π | 12% | 10% |
Overall drawdown | 6%π | 6%π | 5% |
Leverage | 10:1 | 30:1π | 10:1 |
Trading period | 180 calendar days | 60 calendar days | No limitπ |
Profit split | 50% | 50% | 60% up to 70%π |
Now that we have gone through their rules and guidelines for their direct funding programs we are going to go through pricing for different account sizes.
Account size | The5%ers low-risk | The5%ers aggressive-risk | City Traders Imperium |
$6,000 | β¬235 | β¬235 | β |
$10,000 | β¬385 | β¬385 | β |
$20,000 | β¬745π | β¬745π | Β£999 |
$40,000 | β | β | Β£1,799 |
$50,000 | β | β | Β£2,199 |
$70,000 | β | β | Β£3,099 |
3. Broker and trading platform
Now that we have gone through all of the funding programs that they are offering. Letβs compare which brokers and trading platforms you can use with each prop trading firm.
The5%ers | City Traders Imperium | |
Broker | Aggregation of up to 6 liquidity providers providing the best available price and spreads. | Liquidity Provider who gives them Direct Market Access |
Trading platform | MetaTrader 5; Desktop, Mac, iOS, Android, web-trader. | MetaTrader 5 |
4. Trading instruments
Another important factor are trading instruments. Letβs see which trading instruments you can trade with The5%ers and which with City Traders Imperium.
Trading instrument | The5%ers | City Traders Imperium |
Forex pairs | β | β |
Commodities | β | β |
Indices | β | β |
5. Traders’ comments
The last thing we will go through is the feedback from The5%ers and City Traders Imperium prop firms. The reviews we will be looking at are from Trustpilot.
Trustpilot statistics | The5%ers | City Traders Imperium |
Rating | 4.8/5 | 4.8/5 |
Number of reviews | 576π | 744 |
The5%ers has a rating of 4.8/5, while City Traders Imperium also has 4.8/5. The number of reviews is quite high for each of the prop firms. The5%ers has 576 reviews, while City Traders Imperium has 744. One of the reasons behind the high amount of feedback from their community is that The5%ers and City Traders Imperium have been in the industry for quite some time and have acquired a large community.
6. Conclusion
In conclusion, The5%ers, and City Traders Imperium are two excellent proprietary trading firms. Both proprietary firms are quite similar. They both offer direct funding programs and have a large community built behind them. This can be easily seen from the reviews on Trustpilot. A significant difference would be the funding options. The5%ers offers a $100k Bootcamp, Freestyle, and direct funding program, while City Traders Imperium offers a one-phase evaluation and direct funding.
Check our discount codes and the presented proprietary trading firms to end the comparison:
The5%ers 5% active discount link: https://the5ers.com/?ref=7909
City Traders Imperium 5% active discount code: ctidiscount5%
This comparison was lastly updated on 05.08.2022 at 12:14 (CE(S)T).