Crypto Fund Trader prop firm offers traders the ability to access diverse markets of cryptocurrencies, forex, indices, commodities, and stocks using virtual funded accounts to generate profits. Now, the firm does not provide real trading capital and has only simulated accounts, which is a major red flag. We always want to access live markets with real funding when selecting a proprietary trading firm, and unfortunately, Crypto Fund Trader only has a simulated trading environment. The firm can only be profitable if the vast majority of prop traders breach rules and only a tiny percentage of them succeed to ensure the firm is profitable. So, the firm only makes money from fees paid by traders which directly causes a conflict of interest, making trading with this firm super risky.
In our Crypto Fund Trader review, we will assess the firm’s most critical aspects such as safety, rules, funding options, assets, platforms, and more. Ensure to read our unbiased review of Crypto Fund Trader to gauge whether you can trust this firm.
Pros
- Ability to withdraw with $0 fees
- Offers access to MetaTrader 5
- Fast and digital account opening/verification
- Most payment options are free and instant
Cons
- Only offers virtual funded accounts on a demo account
- Many traders claim hidden rules
- No educational resources
- High profit target of 10%
- A low daily loss limit of 4%
- Lacks experience
- Is not backed by a regulated broker
Quick rating of Crypto Fund Trader and its features
| FPA Score | Not yet rated |
| Year founded | 2022 |
| Headquarters | Zug, Switzerland |
| Minimum audition fee | 55 USD |
| Fees on withdrawals | 0 USD |
| Minimum funded amount | 5,000 USD |
| Maximum funded amount | 200,000 USD |
| Allowed daily loss | 4% (1 phase), 5% (2 phase) |
| Profit target | 10% (1 phase), 8% (2 phase) |
| Maximum trailing drawdown | 6% (1 phase), 10% (2 phase) |
| Profit sharing (Payouts) | Up to 80% |
| Trading Platforms | MetaTrader 5, CFT Platform |
| Available trading markets | cryptocurrencies, forex, indices, commodities, stocks |
Safety of Crypto Fund Trader — 0
Crypto Fund Trader reviews are lacking on the FPA platform, as the firm was launched recently. 17% of reviews on Trustpilot are 1-star rated, which is not a good sign about client satisfaction. Many of the traders who assessed the firm with 1-start complain about random denial of withdrawals for obscure reasons like scalping or hedging, even though the firm allows scalping strategies and EAs. Since the firm only offers virtual funded accounts for simulated trading, it is not backed by a regulated broker, excluding points from its safety further. The firm gets a 0 score in the safety department for not offering sufficient reliability and lacking experience in the industry.
Crypto Fund Trader Funding and Maximum Capital Allocation — 3
Crypto Fund Trader funded programs are two 1 phase and 2 phases. The 1 phase program allows traders to get virtual funding after they pass the valuation. The terms are slightly different, but the overall funding options are exactly the same. The lowest funding starts from 5,000 USD in virtual funding and is capped at 200k.
Crypto Fund Trader funding options are as follows: 5k, 10k, 25k, 50k, 100k, and 200k USD. The firm
Crypto Fund Trader challenges only differ by the rules and the 2-phase evaluation has better conditions while 1-stage rules are stricter. There is no Crypto Fund Trader scaling plan at the moment, which is also another downside about the firm. The firm gets a 3 score in the funding options section for lacking 1 million and 1k funded options.
Crypto Fund Trader Assets — 3
Crypto Fund Trader prop trading firm offers traders access to diverse assets including Forex pairs, indices, commodities, cryptos, and stocks. If the firm had live accounts with real funding, these diverse assets would certainly be a recommendation for our readers, but the firm is not reliable. There are no other assets offered, and the firm gets a 3 score in this section.
Crypto Fund Trader Trading rules and limitations — 0.8
Crypto Fund Trader rules are slightly different for each funded account challenge option.
1 phase challenge rules:
- Daily risk limit — 4%
- Maximum drawdown — 6%
- Profit target — 10%
- Minimum trading days — 5
2 phase challenge rules:
- Daily risk limit — 5%
- Maximum drawdown — 8%
- Profit target — 8%
- Minimum trading days — 5
There are no other visible rules on the website, and traders have to dig deeper to find out that hedging and many other strategies are forbidden. This is called hidden rules and is a major red flag. The firm gets a 0.8 score as a result of this section.
Crypto Fund Trader Fees — 1.5
The minimum funded account fee starts from 55 USD on a 5k account for the 2 phase challenge. The 1 phase account with the same funding costs 60 USD.
Crypto Fund Trader 1 phase fee structure:
- Funding amount 5k — one-time fee 60 USD
- 10k — 115 USD
- 25k — 250 USD
- 50k — 380 USD
- 100k — 625 USD
- 200k — 1199 USD
Crypto Fund Trader 2 phase fee structure:
- Funding amount 5k — one-time fee 55 USD
- 10k — 105 USD
- 25k — 230 USD
- 50k — 345 USD
- 100k — 570 USD
- 200k — 1097 USD
The Crypto Fund Trader free trial is not available at the moment as traders will have to purchase funded trading accounts, which is understandable as the firm makes money by collecting fees.
Crypto Fund Trader free repeat is not also supported at the moment. The firm gets a 1.5 sore in this section.
Crypto Fund Trader Platforms — 3.9
The firm offers two platforms, MT5 and its own proprietary platform, CFT platform. MT5 is an advanced trading platform allowing for a comprehensive market analysis with numerous built-in indicators and chart analysis tools such as Fibonacci levels. The CFT trading platform is a web-based trading platform accessible through the web browser and limited in functionality. The firm gets a 3.9 score in this section for not paying traders who use EAs.
Crypto Fund Trader Profit-Sharing — 0
Crypto Fund Trader profit split is capped at 80%. However, traders often decline their payments for various reasons, indicating the firm has hidden rules and can not be trusted.
The firm gets a 0 score for making it impossible to withdraw profits.
Education and trading tools at Crypto Fund Trader — 0
The firm does not offer any educational resources. The only educational resource could be its virtual-funded accounts, but they cost money to purchase. The firm gets a 0 score in this section as well.
Customer Support at Crypto Fund Trader — 2.4
Crypto Fund Trader offers customer support via two channels, live chat and email. The firm does not provide multilingual support, but its website is multilingual. There are no other support options like a hotline, which is a red flag. The firm gets a 2.4 score in this section.
Frequently Asked Questions on Crypto Fund Trader
Is Crypto Fund Trader legit?
Is Crypto Fund Trader a good prop firm?
