By enrolling in the Challenge Funded Trader Program, you hereby acknowledge and agree to be bound by the following Terms and Conditions:
And remember that these are not our only terms. You also need to look at
(1) Our Privacy Policy (it tells you how we use your personal data and more, so it’s really important for you) and;
(2) Our General Terms & Conditions (it tells you the overall terms and conditions for using our website and services).
CTI operates as both an online educational trading community and a proprietary trading firm, funding traders via its Funded Trader Programs. The website, branded as "CTI" or "City Traders Imperium", is a privately owned entity registered in the United Arab Emirates, bearing the company number DSO-FZCO-21340.
CTI is not registered or regulated; Consequently, it does not engage in regulated activities, ensuring that its operations align with regulatory guidelines. Furthermore, CTI is not a financial institution or a broker, nor does it promote brokerage services. CTI does not invest client's money, ask for deposits, or trade clients' capital in financial markets; all funding originates from the company's revenue and its directors' own funds. CTI does not act or conduct services as a custodian.
Purchases of the programs should not be considered deposits. All program fees are used for operation costs, including but not limited to staff, technology, and other business-related expenses.
What CTI offers is a valuable educational opportunity through its Funded Trader Programs. These programs are designed to evaluate traders, irrespective of their nationality, helping them hone risk management, trading psychology, and compounding profits.
CTI (the Company):
CTI is responsible for offering funding to those undergoing evaluation.
The Client:
By registering for the Challenge Funded Trader Program, you are confirming your agreement to the Funding Terms and Conditions as outlined in the subsequent pages: "Challenge FTP", "Challenge Scaling Plans", "FAQs", "Challenge Terms and Conditions".
Upon signing up, you will have two roles to progress:
1. Challenge Trader (CT): A funded trader pursuing either Phase 1 or Phase 2 on a Demo Challenge account to qualify to become a CTI Funded on Phase 3 once all the Phase I and II trading objectives are met.
2. CTI Funded Phase 3: A challenge trader achieved Phases 1 and 2 objectives and moved to Phase 3.
Majors: EURUSD, GBPUSD, NZDUSD, AUDUSD, USDCHF, USDCAD, USDJPY.
Minors : EURGBP, EURNZD, EURAUD, EURCHF, EURCAD, EURJPY, GBPNZD, GBPAUD, GBPCHF, GBPCAD, GBPJPY, NZDAUD, NZDCHF, NZDCAD, NZDJPY, AUDCHF, AUDCAD, AUDJPY, CADCHF, CADJPY, CHFJPY.
Commodities: Gold, Silver, Oil.
Major Indices: S&P500, US30, US100, DAX, UK100, F40, JP225, STOXX50, AUS200.
For more information on Symbols specifications, please click here.
You agree that before your commitment, you already have a trading strategy and have experience in good risk management practices, which is important to pass the challenge.
The termination of the Funded Trader Program can occur due to the trader's inability to adhere to the terms and conditions of this agreement.
The termination of the Funded Trader Program Agreement may occur for any of the following reasons:
You agree that at all times, CTI has the right to terminate your funding as it sees fit to its risk tolerance and willingness to risk its own capital during all phases of the Funded Trader Program at its own discretion.
Subject to the terms and conditions of this agreement, neither party hereto shall be prejudiced in any way by inadvertent errors or omissions made by such party, providing such errors and omissions are corrected promptly following discovery thereof.
Upon discovering an inadvertent error or omission by either party hereto, appropriate adjustments shall be made as soon as possible to restore both parties to the fullest extent possible and to the position they would have been in had no such inadvertent error or omission occurred.
CTI reserves the right for future changes to these terms and conditions upon notifications via an official email address given by the funded trader. The funded trader will be committed to the changes or officially be asked to resign from the program.