By: Jeremy Biberdorf
April 02, 2024

Crypto Fund Trader Review 2024

By: Jeremy Biberdorf
April 02, 2024

Disclosure

Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
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4.5/5

4.5 rating based on 5 ratings

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In a Nutshell: In this Crypto Fund Trader review, we delve into the basic workings of a promising prop firm that offers traders optimum market conditions to trade the crypto market.

Crypto Fund Trader emerges as a supportive partner for novice and seasoned crypto traders, providing them access to capital to enhance their professional careers. With the potential to be funded up to $200,000 through the one-phase or two-phase evaluation, and an appealing 80-20 profit split, it presents a lucrative opportunity for any profitable trader.

The firm operates in real-time, providing competitive spreads across various crypto assets. The registration fee is straightforward and structured, and the platform caters to diverse trading conditions. From minimum trading days to high trading leverage of 1:100, it provides an extensive list of crypto pairs, creating a dynamic environment for traders.

Read on as we delve deeper into this new prop firm.

Service TypeFees Promotion
Prop Trading FirmVariable FeeMODESTMONEY coupon code to save 7%
Pros & Cons
Pros
  • Relaxed trading rules
  • Absence of recurring trading fees
  • No time constraints for trading
  • High leverage offered
  • Freedom to trade news events
  • Hold positions overnight and over weekends.
Cons
  • A relatively new platform to the trading space
  • Lack of scaling options for traders.

Crypto Fund Trader Overview

Initial Capital$5,000 – $200,000
Price Range$50 – $998
Profit Split80%
Daily Loss5%
Max Drawdown10%
Profit Target4% – 8%
Tradable ProductsCrypto, Forex, Indices, Commodities and Stocks

What is Crypto Fund Trader?

cryptofundtrader.com website

Crypto Fund Trader is a proprietary trading platform that evaluates traders’ skills across multiple markets, including crypto, forex, and stocks, using demo money. By simulating diverse market conditions, it helps traders hone their strategies and showcase their proficiency.

Participants undergo a two-tiered trading challenge. Initially, they must achieve a profit target while adhering to daily and overall loss limits and other trading constraints. Those who excel, displaying both profitability and sound risk management, have the potential to secure up to $200,000 in funding from the firm and retain 80% of their earnings.

For aspiring prop traders, Crypto Fund Trader provides a unique gateway, especially in the dynamic realm of cryptocurrency trading.

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Crypto Fund Trader stats

External Crypto Fund Trader Reviews & Ratings

SiteRating
Forex Broker Report4.7
Trustpilotcryptofundtrader trustpilot review

Firsthand User Experience with Crypto Fund Trader

Here are some reviews from traders who have experienced the platform firsthand:

“Crypto fund trader has a very smooth payout process. They also have great customer support. Make sure to familiarize yourself with their rules if you want to work with them.”
“Great customer support, quick profit withdraw, friendly and easy to use trading terminal. Basically never had any problems. Crypto Fund Trader is a prop firm you can definetely trust.”
“Crypto Fund Trade is one of the good proprietary companies in the industries that has its own trading platform and their spread is VERY TIGHT especially for indices , don’t take my word for it go and see it yourself.
I am sure, you will thank me later.”
“Great experience! They are actually one of its kind prop firm that gives an opportunity to trade major crypto pairs almost without spreads. Their platform is solid and works smoothly. Customer support – just great. So at least give them a try and you will see by yourself!”

How Does Crypto Fund Trader Work?

Crypto Fund Trader operates as a prop trading firm, allowing traders to trade various financial instruments using the firm’s capital, including cryptocurrencies, forex, indices, commodities, and stocks. The idea is to evaluate traders’ skills and help them advance professionally.

The process begins with an evaluation in which you choose from various available options. After the purchase, you’ll receive their credentials within 24 hours.

This evaluation consists of a two-phase trading challenge. Phase 1 requires you to meet an 8% profit target while keeping within defined loss limits.

You progress to Phase 2 upon successful completion, where the profit target reduces to 4% with similar loss limits. Neither phase has time restrictions, allowing you to trade at your own pace.

Successful completion of these phases leads to funding, with capital provided by Crypto Fund Trader ranging from $5,000 to $200,000. Once funded, you can engage in trading activities, earning 80% of your profits.

Crypto Fund Trader has its proprietary trading platform and uses MetaTrader 5. Traders can access a wide range of tradable instruments, and the platform is available on the web, PC, iOS, and Android devices.

The platform allows for various trading styles, including intraday trading, with no restrictions on trading hours. You can trade the news and maintain positions overnight and on weekends.

However, you must adhere to defined risk management parameters, and strategies involving excessive risk, such as putting all capital into a single trade, are not allowed.

Crypto Fund Trader Funding

Crypto Fund Trader funding

Crypto Fund Trader implements a two-phase challenge to assess traders’ abilities. Unlike many other prop firms, their challenge has no time limit, allowing traders to operate at their own pace.

Phase 1 of the challenge requires you to meet an 8% profit target while ensuring the Maximum daily loss doesn’t exceed 5% and the overall loss limit remains below 10%.

Traders enjoy zero trading fees and a spread starting from 0 pips. Upon completion of Phase 1, you’ll receive an email confirmation, and the team will provide the Phase 2 account within 24 hours.

In Phase 2, the profit target drops to 4%, but the maximum daily and overall loss parameters remain the same. Like Phase 1, there are no trading fees, the spread starts from 0 pips, and there are no time restrictions. Upon completing Phase 2, an email confirmation is sent, and the fully funded account is provided within 24-48 hours.

The evaluation cost varies, depending on the capital a trader chooses to start with. The fee structure is as follows:

2 Steps Evaluation

  • $5,000 is priced at $50.
  • $10,000 is priced at $95.
  • $25,000 is priced at $210.
  • $50,000 is priced at $315.
  • $100,000 is priced at $520.
  • $200,000 is priced at $998.

1 Step Evaluation

  • $5,000 is priced at $55.
  • $10,000 is priced at $105.
  • $25,000 is priced at $230.
  • $50,000 is priced at $345.
  • $100,000 is priced at $570.
  • $200,000 is priced at $1097.

Payment is flexible, with options to pay through credit card or cryptocurrency. The firm accepts an impressive range of 29 different cryptocurrencies, thereby appealing to a broad spectrum of crypto-savvy traders.

As a funded trader, there’s no profit target, but an 80/20 profit split is applied. Daily and overall loss limits remain the same, and withdrawals are possible after trading for a minimum of 5 days without any rule violations and meeting risk parameters.

Withdrawals are processed through the Deel platform, with funds transferable to preferred methods, including bank accounts, credit cards, PayPal, Payoneer, Revolut, Wise, Coinbase, and various cryptocurrencies like BTC, ETH, USDT, and USDC. Payment is provided within 48 business hours.

Additionally, If a funded account in profit is suspended, you can claim 50% of their profits if all trades had a stop loss and no single trade lost more than 2% of the account size. However, you must request your payment within seven days of the violation.

Check Crypto Fund Trader website to confirm current pricing and full terms.

What Sets Crypto Fund Traders Apart from Other Prop Firms?

Crypto Fund Trader has emerged as a unique player in the prop trading industry, distinguishing itself with several innovative features. Here’s what makes it stand out:

Robust KYC and Verification

Prioritizing transparency and accountability, Crypto Fund Trader implements a rigorous KYC and Verification process through CoinScope.

This ensures that in the unlikely event of any impropriety, the identities of the firm’s owners are traceable, empowering traders to seek legal redress. This approach contributes greatly to the trust and credibility of the platform.

Specialization in Cryptocurrencies

As the name suggests, Crypto Fund Trader strongly emphasizes crypto trading. It presents an expansive array of crypto pairs and facilitates transactions, withdrawals, and payments centered around crypto assets.

While the platform also supports forex, indices, and metals trading, its commitment to crypto trading is truly impressive and a boon for traders interested in the crypto market.

Flexibility with No Time Limits

Most prop firms impose time restrictions on trading challenges, typically around 30 calendar days. This can pressure traders, making it challenging to achieve the desired results.

However, Crypto Fund Trader’s no-time limit policy on trading challenges stands apart. This flexibility allows traders to focus on crafting strategic, long-term trades, making passing the challenges more attainable.

These differentiating factors make Crypto Fund Trader an enticing choice for traders seeking a user-friendly and secure prop trading platform with a significant emphasis on cryptocurrencies.

Rules and Restrictions

Crypto Fund Trader imposes certain restrictions to ensure risk management.

  • Traders are required to trade for a minimum period of 5 days, with at least one trade per day.
  • The daily loss limit is capped at 5% of the balance as of 1 AM CET, while the maximum overall loss cannot exceed 10% of the initial account balance. Despite these restrictions, the firm promotes flexibility.
  • Traders can engage in news trading and leave trades open overnight and during weekends.
  • The company places no restrictions on the trading strategies utilized, provided you maintain prudent risk management.

Crypto Fund Trader Review on Tradable Assets

Crypto Fund Trader provides a broad spectrum of over 380 tradable instruments, giving traders various options to diversify their portfolios. These instruments span multiple markets, including cryptocurrencies, forex, indices, commodities, and stocks.

  • The platform supports trading for more than 100 different cryptocurrency pairs, including Bitcoin, Dogecoin, BCC, and Dot.
  • It also includes 45 major and minor forex pairs, allowing forex traders a wide range of options.
  • 38 different indices, such as US500, US100, GER30, and EU50, are available for those interested in indices trading.
  • Furthermore, you can invest in 22 commodities like silver, gold, aluminum, corn, etc.

Finally, for stock market enthusiasts, the platform provides access to over 250 stocks, including high-profile companies like Apple, Amazon, Alibaba, Disney, and more. This extensive selection ensures that traders of all types can find suitable assets to trade.

Advantages of Relaxed Trading Rules

Crypto Fund Trader distinguishes itself with relaxed trading rules, offering traders a flexible environment to execute their strategies. Unlike some prop firms that impose strict trading limitations, Crypto Fund Trader allows traders the freedom to trade news events, hold positions overnight and over weekends, and engage in various trading styles without unnecessary constraints.

This flexibility empowers traders to adapt to market conditions and capitalize on opportunities without feeling restricted by rigid rules, contributing to a more dynamic and accommodating trading experience.

No Recurring Trading Fees

One notable advantage of Crypto Fund Trader is the absence of recurring trading fees. While some prop firms may charge monthly or quarterly fees for access to their trading platforms or other services, Crypto Fund Trader operates on a different model, allowing traders to focus on their trading activities without the burden of ongoing fees.

This fee structure aligns with the firm’s commitment to providing accessible and cost-effective trading opportunities for traders of all levels, enhancing the overall value proposition for participants.

High Leverage

Crypto Fund Trader provides traders with access to high leverage, allowing them to amplify their trading positions and potentially increase their returns. With leverage ratios of up to 1:100, traders can control larger positions with relatively small amounts of capital, enabling them to capitalize on price movements in the crypto market more effectively.

While leverage can magnify both profits and losses, Crypto Fund Trader’s offering of high leverage provides traders with the opportunity to optimize their trading strategies and pursue their financial goals with increased efficiency and effectiveness.

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Trading News Events

One of the advantages of trading with Crypto Fund Trader is the freedom to trade news events. Unlike some prop firms that restrict trading during volatile market conditions or major news releases, Crypto Fund Trader allows traders to capitalize on market-moving events and economic data releases.

This freedom enables traders to take advantage of opportunities arising from significant price fluctuations and volatility spikes, potentially enhancing their trading performance and profitability. By empowering traders to trade news events, Crypto Fund Trader provides a more dynamic and responsive trading environment, aligning with the diverse needs and preferences of traders.

Potential Downsides of a New Platform

One potential drawback of Crypto Fund Trader is that it is a relatively new platform in the trading space. While the firm may offer innovative features and competitive opportunities, traders may understandably have concerns about the platform’s track record and reputation compared to more established prop firms.

Additionally, being a new player in the market may mean that Crypto Fund Trader has not yet built up a large community or network of traders, which could impact the overall trading experience and availability of resources for traders.

Despite the potential for growth and development, traders should carefully consider the implications of trading with a newer platform and weigh the risks against the potential benefits.

Lack of Scaling Options

Another potential downside of Crypto Fund Trader is the lack of scaling options for traders. While the firm offers the opportunity to trade with capital ranging from $5,000 to $200,000, some traders may find that their trading strategies or goals require access to larger amounts of capital over time.

However, Crypto Fund Trader’s funding structure may not easily accommodate this need for scaling, as traders are limited to the predetermined funding levels offered by the firm. This lack of flexibility in scaling options could be a limitation for traders who seek to expand their trading activities or increase their capital allocation in the future.

Top Crypto Fund Trader Competitors

Apex Trader Funding

Apex Trader Funding is a formidable competitor to Crypto Fund Trader, offering traders access to funded trading accounts with competitive profit-sharing arrangements and flexible evaluation processes. With a focus on providing traders with the capital and support they need to succeed in the markets, Apex Trader Funding stands out as a reliable option for traders seeking prop trading opportunities.

Elite Trader Funding

Elite Trader Funding LogoElite Trader Funding is another key player in the prop trading industry, offering traders access to funded accounts and comprehensive support services. With a commitment to helping traders achieve their financial goals through disciplined trading and risk management, Elite Trader Funding provides a viable alternative to Crypto Fund Trader for traders looking to capitalize on prop trading opportunities.

City Traders Imperium

City Traders Imperium logoCity Traders Imperium rounds out the list of competitors to Crypto Fund Trader, offering traders access to funded trading accounts with competitive profit-sharing models and transparent evaluation processes. With a focus on providing traders with the tools and resources they need to succeed, City Traders Imperium presents a compelling option for traders seeking prop trading opportunities in the crypto market.

Crypto Fund Trader Review – Final Thought

Crypto Fund Trader is a prop firm offering considerable opportunities for novice and seasoned crypto traders.

Its real-time proprietary trading platform presents a broad spectrum of crypto assets and pairs with competitive spreads, meeting the diverse needs of traders.

This prop firm’s structured approach to risk management, trading strategies, and robust support system make it a promising choice in the prop trading industry.

To try out this platform, click here and checkout with the coupon code ‘MODESTMONEY’ to get a 7% discount.

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Frequently Asked Questions

Crypto Fund Trader is a proprietary trading platform that evaluates traders’ skills across multiple markets, including cryptocurrencies, forex, and stocks, using demo money. It offers funded trading accounts to successful traders, providing access to capital and retaining 80% of earnings.

Crypto Fund Trader operates as a prop trading firm, allowing traders to trade various financial instruments using the firm’s capital. Traders undergo a two-phase evaluation process, aiming to achieve profit targets while adhering to defined loss limits.

Crypto Fund Trader distinguishes itself with features such as robust KYC and verification, specialization in cryptocurrencies, flexibility with no time limits, and a broad spectrum of tradable assets. It prioritizes transparency, flexibility, and user-friendly trading conditions.

Some potential drawbacks of Crypto Fund Trader include its status as a relatively new platform in the trading space, which may raise concerns about its track record and reputation. Additionally, the lack of scaling options for traders could limit their ability to expand their trading activities over time.

Traders can access capital ranging from $5,000 to $200,000 through Crypto Fund Trader, depending on their performance in the evaluation process. The firm offers varying evaluation packages with different pricing tiers.

Crypto Fund Trader imposes restrictions such as minimum trading periods, daily loss limits, and overall loss limits to ensure prudent risk management. Traders must adhere to these parameters while trading, although the platform allows flexibility in trading styles and strategies.

Withdrawals with Crypto Fund Trader are processed through the Deel platform, with funds transferable to various methods including bank accounts, credit cards, PayPal, and cryptocurrencies. Withdrawals are subject to certain conditions, such as trading for a minimum number of days without rule violations.

Competitors to Crypto Fund Trader include Apex Trader Funding, Elite Trader Funding, and City Traders Imperium. These prop trading firms offer similar services and opportunities for traders, with varying profit-sharing models and evaluation processes.

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

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