CTI likes to keep it simple by applying a 45-day limit in phases 1 and 2 without T&Cs. These extra 15 trading days without conditions allow the traders a more reasonable timeframe to achieve their profit target. On the other hand, FTMO’s Challenge time limit in the first phase is a tiny 30 days, with a 14 calendar days extension if:
- You haven’t gone beyond the loss limits.
- You have traded for at least ten days.
- You have more than 5% profit (10% for Aggressive) from 3 days before the period ends.
This structure may be too complex for some traders, and most importantly, it does not benefit all traders. Thirty days is a short time for a trading challenge to achieve a 10% profit target. This means that you are more likely to fail with FTMO if you haven’t met the targets to get the extension.
Also, we should highlight that the trading period on FTMO’s phase or step 2 is 15 days higher (60) than CTI. However, we have a more consistent time limit without adhering to special conditions.
CTI believes offering 60 days to achieve a 5% profit target doesn’t necessarily provide added value. The essential aspect here is that traders are given a fair opportunity in phase 1 without the pressure to rush into profits or achieve a 10% return within a tight timeframe.
So, If you’re seeking a prop firm that offers a more flexible time limit in phase 1 without any restrictive conditions, then CTI is the ideal choice for you.