Crypto Fund Trader Review and Analysis
Overview
Crypto Fund Trader is a Spain-based proprietary trading firm, launched in May 2021 and operating under the leadership of CEO Alan Sánchez. Part of the RLCRATES, S.L. group, the firm offers a competitive trading environment with two evaluation account options—one-step and two-step—to suit different trader preferences. By partnering with a top liquidity provider, Crypto Fund Trader creates realistic market conditions, giving traders an authentic experience as they work to secure funded trading opportunities.
Funded Accounts
Crypto Fund Trader offers a straightforward funded trader program where traders can access capital from $10,000 to $200,000 with an 80/20 profit split. The evaluation process involves choosing an account size, with fees ranging from $85 for $10,000 capital to $998 for $200,000 capital. There’s no scaling option currently, meaning $200,000 is the maximum capital available.
Traders can choose from over 380 instruments, including cryptocurrencies, forex, indices, commodities, and stocks, all accessible via the proprietary CryptoFundTrader platform available on web, PC, iOS, and Android.
The platform has minimal restrictions: a minimum trading period of five days with at least one trade per day, a maximum daily loss limit of 5%, and an overall maximum loss of 10%. Crypto Fund Trader allows trading news events, overnight positions, and weekend trades, providing significant flexibility as long as risk is managed responsibly.
Challenge Overview
Crypto Fund Trader offers two types of evaluation challenges for traders to qualify for funded accounts: the Two-phase and One-phase Evaluations.
In the Two-phase Evaluation, traders manage accounts ranging from $5,000 to $200,000. Phase one requires an 8% profit target, a 5% daily loss limit, and a 10% maximum loss cap. In phase two, the profit target reduces to 4%, with the same risk parameters. Traders must complete at least five trading days in each phase. Successful traders receive an 80% profit split in their funded accounts, with withdrawals available every 15 to 30 days.
The One-phase Evaluation offers the same account sizes but requires traders to achieve a 10% profit target, with a 4% daily loss and a 6% maximum trailing loss. A minimum of five trading days is required, and successful traders receive an 80% profit split, with the same withdrawal options as the Two-phase plan. Both evaluations include no set profit targets for funded accounts and emphasize strict risk management rules, such as stop-loss requirements.
Pros and Cons
Let’s talk about the good stuff …
Crypto Fund Trader stands out with its relaxed trading rules, offering no trading fees and no time restrictions. Traders benefit from high leverage of up to 1:100, and they can trade news, hold positions overnight, and even trade over weekends. The platform, CryptoFundTrader, is user-friendly, intuitive, and designed specifically for cryptocurrency trading.
The firm offers two innovative funding programs, catering to traders globally with competitive spreads starting at 0 pips, affordable commissions, and a wide range of trading instruments like crypto, forex, stocks, and commodities. Flexible trading conditions, including no daily loss limits and immediate payment options within 15 days, further enhance its appeal.
...and the badCrypto Fund Trader has some limitations, including a lack of growth planning, making it difficult for traders to scale their accounts beyond $200,000. The single-phase assessment has a trailing drawdown, which can add pressure to traders. Additionally, there is a requirement for a minimum number of successful trading days, which may restrict flexibility. Finally, traders must hit a 5% profit target before being eligible to make withdrawals, which can delay accessing funds.
Evaluation Metrics
Overall metrics
- Challenge difficulty: Crypto Fund Trader's evaluations involve strict rules such as a 5% daily loss limit and specific profit targets (8% in phase one and 4% in phase two for the two-phase evaluation).
- Customer support: For assistance or inquiries, traders can reach Crypto Fund Trader's customer support by emailing [email protected]. Additionally, real-time help is available through the live chat feature on the official website, providing quick access to support when needed.
- Fee: Crypto Fund Trader offers a competitive fee structure to keep trading costs manageable for funded traders. The fee breakdown includes a 0.0125% per side charge for cryptocurrency trades, 0.0005% per side for commodities, and 0.002% per side for stocks. Forex trades are priced at $1.5 per lot per side, while trades on indices incur no fees.
- Payout scheme: The default payout ratio for all Funded Trader Live Accounts is set to 80:20. The trader takes 80% of the profits while Crypto Fund Trader takes 20%. All funded traders can request payout through their dashboard with Bank Transfer or Cryptocurrencies. We make sure you receive your withdrawal.
Meet the CEO
Alan Sánchez is the CEO of Crypto Fund Trader, guiding the company with a focus on innovative trading solutions. Sánchez brings strategic vision and expertise to drive the company's growth in the financial trading industry.
Frequently Asked Questions (FAQs):
Who is the CEO of Crypto Fund Trader?
Alan Sánchez is the CEO of Crypto Fund Trader.
How trusted is Crypto Fund Trader?
The trusted source of information on fintech matters SBO, gave Crypto Fund Trader a 2.88/ 5.00 rating based on analysing 20+ criteria and testing. Crypto Fund Trader is currently in 15th place in this ranking. FunderPro is currently rank as the number one.
