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City Traders Imperium vs True Forex Funds – Full Comparison

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City Traders Imperium

True Forex Funds

In this article, we’ll be comparing two prop firms, City Traders Imperium and True Forex Funds.

Let’s look at all details.

Prop Firms General Details

In this first table, we compare the year where each prop firm was founded, where their offices are located, and how much balance you can get to trade after scaling (when applicable).

Prop Firm Details City Traders Imperium True Forex Funds
Year Founded 2018 2021
Offices Location UK Hungary
Maximum Balance $2,000,000 $400,000
Keep First Profits Challenge Fee Challenge Fee

Instruments

Here’s a list of all instruments supported by City Traders Imperium and True Forex Funds. I divided the list into two parts to show CFDs products and Futures products.

Instruments CFDs City Traders Imperium True Forex Funds
Forex
Indices
Metals
Commodities
Stocks
Crypto
Instruments Futures City Traders Imperium True Forex Funds
Equity Futures
Foreign Exchange Futures
Agricultural Futures
Energy Futures
Interest Rate Futures
Metals Futures
Crypto Futures

Funding Program Types

Prop firms have different program types to achieve a funded account.

Here’s the resume and comparison of the City Traders Imperium and True Forex Funds different program types.

Prop Firm Programs City Traders Imperium True Forex Funds
One-Step Evaluation
Two Step Evaluation
Instant Funding

Instant Funding Comparison

Instant funding programs give you access to a funded account immediately without needing to pass any challenge.

Instant Funding Rules City Traders ImperiumTrue Forex Funds
Profit Target 10%
Max Daily Loss
Max Daily Drawdown
Max Loss 5%
Max Drawdown
Minimum Trading Days
Maximum Trading Days
Profit Split 70%, up to 90%

One-Step Program Comparison

One-Step programs are programs that require a single challenge to be passed. As soon as you pass the challenge, achieving the required targets without breaking any rules, you’ll be rewarded with a funded account to trade.

Here’s the comparison table for the City Traders Imperium and True Forex Funds prop firms.

One Step Rules City Traders ImperiumTrue Forex Funds
Profit Target 9%
Max Daily Loss
Max Daily Drawdown
Max Loss 5%
Max Drawdown
Minimum Trading Days
Maximum Trading Days
Profit Split 70%, up to 90%

Two-Step Program Comparison

Two-Step programs require that you pass two different challenges before getting funded. Usually, each phase or each challenge has different targets and rules.

Here’s the comparison for City Traders Imperium and True Forex Funds.

Two Step Rules City Traders ImperiumTrue Forex Funds
Profit Target Step 1 10%8%
Profit Target Step 2 5%5%
Max Daily Loss 4%5%
Max Daily Drawdown
Max Loss 10%10%
Max Drawdown
Min Trading Days Step 1 55
Min Trading Days Step 2 55
Max Trading Days Step 1 4530
Max Trading Days Step 2 4560
Profit Split 80%, up to 100%80%

Trustpilot Reviews

Trustpilot is a reputable platform when it comes to reviewing products and services.

Here is the rating that City Traders Imperium and True Forex Funds have on Trustpilot.

Trustpilot Stats City Traders Imperium True Forex Funds
Stars
Trustpilot Rating 4.8/5.0 4.6/5.0
Number of Reviews 834 931

Free Stuff

Being able to test a prop firm before we commit and purchase is a good thing. We can get used to their trading platform, and understand spreads, commissions, and rules.

Some proprietary firms also offer free repeats in some circumstances, and also free resets, to be able to reset our account before the challenge period is over, in case things are not going as we wanted.

Here’s the comparison for City Traders Imperium and True Forex Funds prop firms.

Free Stuff City Traders Imperium True Forex Funds
Free Trial
Free Repeat
Free Reset

Trading Styles

Some prop firms may be better for you than others depending on your trading style. In this table, you can see the comparison between the trading styles allowed by City Traders Imperium and True Forex Funds prop firms.

Trading Styles City Traders Imperium True Forex Funds
Scalping
Day Trading
Swing Trading
Copy Trading
News Trading
EAs/Bots/Algos Trading
Arbitrage Trading
HFT Trading

Trading Hours

Although most proprietary firms are more oriented to day trading, some allow holding positions overnight and even on weekends.

Here’s what is allowed by City Traders Imperium and True Forex Funds.

Trading Hours City Traders Imperium True Forex Funds
Holding Overnight
Holding Over Weekend

Trading Platforms

We all like to use the trading platform that we are used to. For this reason, prop firms support different trading platforms.

Here’s an extensive list of the platforms supported by City Traders Imperium and True Forex Funds.

Supported Platforms City Traders Imperium True Forex Funds
MT4
MT5
cTrader
Proprietary
Web
NinjaTrader
Tradovate
Rithmic
TigerTrade
OptimusFlow
InsideEdge Trader
Volfix
ATAS
Overcharts
Medved Trader
Quantower
QST
ScalpTool
TSLAB
TradeNavigator
SierraChart
MultiCharts
Photon
MotiveWave
RInvestor
Bookmap X-Ray
T4
Jigsaw Daytradr
Edgeclear
Finamark
Agena Trader
QScalp
Track N Trade
eSignal
Collective2

Leverage

The leverage provided by the prop firm may be an important factor when choosing it. This is especially true for day trading or scalping, where the position size is usually significantly bigger than for swing trading.

Here’s a comparison of the leverage provided by City Traders Imperium and True Forex Funds prop firms.

Leverage CFDs City Traders ImperiumTrue Forex Funds
Forex 1:101:100
Indices 1:101:100
Metals 1:101:100
Commodities 1:101:100
Stocks 1:10
Crypto 1:5
Leverage Futures City Traders ImperiumTrue Forex Funds
Futures

Payments

Proprietary firms have several ways of payment.

Here’s a table with the comparison between the payment methods accepted by City Traders Imperium and True Forex Funds.

Payment Types City Traders Imperium True Forex Funds
Wire Transfer
Paypal
Neteller
Skrill
Crypto
Credit Card
Google Pay
Payoneer
Coinbase
Binance
Revolut
Wise
Deel Card
Nuvei
Checkout.com
Confirmo

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