HomeBlog CTI vs Prop Firms Detailed Guide on Aqua Funded Challenge (& How It Compares to City Traders Imperium)
CTI vs Prop Firms

Detailed Guide on Aqua Funded Challenge (& How It Compares to City Traders Imperium)

City Traders Imperium banner titled Detailed Guide on Aqua Funded Challenge & How It Compares to City Traders Imperium, featuring a 3D line chart and magnifying glass icon.
In this article
  1. Quick Snapshot:
  2. About Aqua Funded
  3. About City Traders Imperium (CTI)
  4. City Traders Imperium vs. Aqua Funed at a Glance
  5. Aqua Funded Challenge vs. CTI Funding Programs Side-by-Side
  6. How to Choose the Right Prop Trading Company?

Quick Snapshot:

  • City Traders Imperium (CTI) provides a more realistic, trader-friendly environment with balance-based drawdown, a free trial, and performance-based profit scaling up to 100%.
  • Aqua Funded offers fast payouts and multiple challenge formats but uses equity-based drawdown that can be restrictive.
  • Best for consistency and long-term scaling: CTI.
  • Best for short-term, aggressive traders: Aqua Funded.

Are you a new trader hunting for funded capital? Prop firms promise traders the dream of accessing large capital accounts without risking their own savings. Among the top names, City Traders Imperium (CTI) and Aqua Funded often come up together.

Both are considered absolute elite in the prop trading sphere, offering easy access to capital and profit shares. But which of these companies is actually better for those beginning their funded trading journey? 

Let’s compare how the Aqua Funded challenge stacks up against our own CTI funding options, and which company can set you up for long-term prop trading success. 

About Aqua Funded

Aqua Funded is a Dubai-based prop firm launched in 2022. It offers Instant Funding, 1-Step, 2-Step, and 3-Step Challenges, giving traders multiple entry points.

Key features include:

  • Equity-based drawdown, which includes open profits and losses in risk calculations
  • Up to 100% profit split (requires paid add-on)
  • Bi-weekly payouts, with the first payout available after just seven days
  • No free trial, meaning traders must pay to begin

Aqua Funded’s programs are built for experienced traders who already understand risk control and prefer faster capital access. However, for those still developing consistency, the tight limits can make the evaluation process more stressful.

About City Traders Imperium (CTI)

We established City Traders Imperium in 2018 with a vision to create a fair, transparent, and educational prop trading environment

Our mission is to help traders develop the mindset, consistency, and risk management skills required to sustain long-term success. Not just pass a challenge.

CTI’s funding programs include:

  • Instant Funding and Instant Funding Pro options
  • 1-Step and 2-Step Challenges with transparent rules
  • Balance-based drawdown, calculated only from closed trades
  • Free trial access to practise without financial pressure
  • Profit shares up to 100%, achieved through performance rather than paid upgrades

At CTI, we reward discipline and consistency. Every trader is given the opportunity to scale responsibly and retain higher profits as their skills evolve.

City Traders Imperium vs. Aqua Funed at a Glance

Category

Aqua Funded

CTI

Challenge Types

4 (Instant, 1-, 2-, 3-Step)

4 (Instant, Instant Pro, 1-, 2-Step)

Drawdown Type

Equity-based

Balance-based

Instant Funding Drawdown

3% static

6% static

Free Trial

No

Yes

Profit Share

Up to 100% (with paid add-on)

Up to 100% (performance-based)

Founded

2022

2018

Aqua Funded Challenge vs. CTI Funding Programs Side-by-Side

Program Variety

Aqua Funded

Aqua Funded offers four types of funding programs:

  • Instant Funding
  • 1-Step Challenge
  • 2-Step Challenge
  • 3-Step Challenge

The wider variety of staged challenges appeals to traders who prefer gradual milestones. However, each additional phase increases the overall time, fees, and complexity of the process.

City Traders Imperium

  • At CTI, we keep things focused and flexible. Our program lineup includes:

    • Instant Funding
    • Instant Funding Pro
    • 1-Step Challenge
    • 2-Step Challenge

    The Instant Funding Pro program gives traders direct access to capital without any evaluation phase. This higher-spec option is designed for experienced traders who want to trade immediately under real conditions.

    💡 Why it matters: While more stages may sound appealing, additional steps can also mean more risk of disqualification and slower funding. CTI’s streamlined structure helps traders move efficiently from learning to earning.

Drawdown and Static Limits (Critical Risk Rules)

Instant Funding (static drawdown):

  • CTI Instant Funding: 6% static drawdown: Larger buffer for realistic trading conditions.
  • Aqua Funded Instant: 3% static drawdown: Tighter limit, less room for volatility.

💡 Why it matters: CTI’s 6% static drawdown provides twice the risk buffer of Aqua Funded’s 3% limit. For traders who manage positions during volatile market conditions, that additional space can prevent unnecessary breaches and promote steadier learning.

Drawdown Mechanics: Equity-Based vs. Static Drawdown

One of the biggest, easily overlooked differences is how drawdown is calculated, and that affects how you can trade.

Aqua Funded: Equity-Based Drawdown

All Aqua Funded programs use equity-based drawdown. This means your risk allowance is tied to your live equity (Balance + Floating Profit/Loss).

If open trades fluctuate, the drawdown moves with them, and a temporary dip – even if unrealized – can cause a violation. This system demands constant position monitoring and can create pressure for new traders.

City Traders Imperium

CTI applies a balance-based drawdown model across all programs. Only closed trades affect your drawdown, so temporary price moves or unrealized losses will not result in an immediate breach.

This gives traders breathing room to execute their strategies without emotional or mechanical stress during open trades.

💡 Why it matters: Balance-based systems are way more forgiving, especially for beginners. They promote stable trading habits, reduce emotional decision-making, and mirror how professional trading accounts manage risk.

Challenge Structures Compared

1-Step Challenge

Firm

Daily Drawdown

Max Drawdown

Notes

Aqua Funded

3%

6% trailing

Requires strict intra-day discipline

CTI

None

5% trailing

Focuses on total performance, not short-term noise

CTI’s 1-Step Challenge removes daily drawdown limits, allowing traders to recover from temporary market fluctuations as long as their overall strategy is consistent.

For new traders, this provides a fairer and less stressful path to funding.

2-Step Challenge (Phase 1 Targets and Limits)

Firm

Profit Target (Phase 1)

Max Drawdown

Ratio

Notes

Aqua Funded

8%

8%

1:1

Moderate target, tighter equity monitoring

CTI

10%

10%

1:1

Slightly higher target, fair proportional risk

Both firms maintain a 1:1 target-to-drawdown ratio, but CTI’s 10% structure encourages stronger performance growth while maintaining fairness. It provides a healthy challenge that rewards consistency rather than luck.

Why it matters: Higher targets within proportional limits encourage traders to build skill, not just pass phases. CTI’s design promotes resilience and prepares traders for sustainable live trading.

Free Trials, Pricing, and Company Experience

Free Trials

CTI offers a free trial/demo identical to the funded challenge rules. Traders can learn, practise, and understand all conditions before paying a fee.

Aqua Funded doesn’t offer a free trial. Traders must pay to participate, meaning that all learning platform nuances become visible only after purchase.

💡 Why it matters: CTI’s free trial provides risk-free exposure to real trading conditions. It helps traders prepare, practise, and perform more confidently once they enter the paid challenge.

Profit share & VIP paths

  • Both firms promote 100% profit share in marketing, but there’s a catch:

    • Aqua Funded: 100% profit share is available only if you buy an add-on. That’s an extra cost after you’ve passed.
    • CTI: Traders can earn 100% profit share by qualifying for CTI’s VIP Program (Silver Level), no add-on purchase required. Essentially, CTI rewards performance rather than forcing traders to buy extra privileges.

    💡 Why it matters: CTI’s model aligns incentives with performance, not spending. Traders earn higher profit splits by demonstrating consistency and discipline, not by purchasing upgrades. This makes CTI’s environment fairer, especially for traders who want to grow without extra costs.

Company Age and Maturity

We founded City Traders Imperium in 2018. Aqua Funded is four years younger, founded in 2022. This longevity has allowed us to refine our programs through direct trader feedback and transparent community engagement. 

A proven track record often translates into more consistent rule enforcement and payout reliability. And that’s precisely the case with CTI. 

How to Choose the Right Prop Trading Company?

After all this information, it’s natural to feel a bit confused. Here’s a simple checklist for new traders choosing between the two

  1. Do you want to practise first? If yes, CTI’s free demo is a major plus.
  2. How aggressive are you? If you prefer breathing room, CTI’s 6% instant funding drawdown and no-daily 1-Step are friendlier.
  3. Are you on a budget for add-ons? Aqua may tack on costs for 100% splits; CTI’s VIP progression does not require buying an add-on.
  4. Are you planning to scale long-term? CTI’s longer market presence (since 2018) and clear scaling plans make it a stronger partner for a career path.

For traders who want fair rules, room to learn, and a path that rewards skill, not spending, City Traders Imperium is the clear choice.

Our transparent risk model, free trial, and performance-based profit progression create a realistic foundation for long-term success.

Scott Geekie
Scott Geekie
Chief Marketing Officer | CMO
8+ years prop trading industry experience.

Scott Geekie is CTI’s Chief Marketing Officer, focused on growth and retention in prop trading. He has spent 8+ years inside the model — progressing from trader to intern, client relations, marketing manager and now CMO, a path that spans the full trader lifecycle: who a firm attracts, how traders behave once funded, and what actually drives long-term retention rather than short-term spikes. That perspective shapes how CTI grows: deliberate about who it brings in, attentive to behaviour beyond conversion metrics, and mindful that in this model small changes compound quickly. Scott is Certified in Content Marketing, SEO and AEO, and is the author of ‘The Trader in the Chair: A Story for Anyone Who’s Bled Quietly at the Charts.’