City Traders Imperium

Forex Prop Firms - Forex Prop Trading Firms - Prop Firms 35

10% Discount on all Funding Plans - Use Coupon CTI10K - Valid until 31 March Midnight

Standard, Classic, & Direct Funding
Withdrawals

The Evaluation Withdrawal Process
  1. CTI will pay a 50% Profit Share of the Profit Target $ Objective to the Evaluation Trader once the Funded Trader achieves the target objective with their first withdrawal on the PM Level.
  2. ‎CTI will refund the evaluation 50% Profit Share to the original payment card/crypto wallet used to make the payment unless CTI agrees to a different method.‎
  3. ‎The 50% Profit share is the net of all trading costs, spreads, commissions, and overnight swaps.‎
  4. CTI will deduct any profits made without using a stop loss from the final net profit upon passing the evaluation. In this case, CTI will extend the profit target by the ‎same amount made by the violations.‎
  5. CTI will not pay any profit share in the event the funded trader violates any of the funding terms and conditions.
The Portfolio Managers / Direct Funding Withdrawal Process

Monthly Payouts: Levels 1 & 2: As a Portfolio Manager/Direct Funded, you can request withdrawals Monthly during the last 5 days of each calendar month.

Weekly Payouts: From Level 3 and up as a Portfolio Manager/Direct Funded, you can request withdrawals Weekly every Friday.

 

Notes

  1. The withdrawal will not affect the account growth and does not require the funded ‎trader to compensate for the profit withdrawn to achieve the profit target.
  2. CTI will pay the Net Profit Share of the Profit Target $ to the Portfolio Manager as long as the funded account is in profit Net Profit $ at the time of the withdrawal.
  3. CTI will pay the Profit Share in the form of a refund to the original payment card/crypto wallet used to make the payment unless CTI agrees to a different method.‎
  4. Once the Net Profit exceeds the original payment amount, the Profit Share payments will be paid to the client using one of the following ‎options: Transferwise, Revolut, PayPal, or Bank Transfer.
  5. The Profit Share is the net of all trading costs, including spreads, commissions, and overnight swaps.‎
  6. CTI will consider any profit made in violation of its terms and conditions as ineligible profit, and it will be deducted from the final net profit.
Standard, Classic, & Direct Funding Scaling Plans & Profit Share

As a Portfolio Manager, you are eligible for a 70% profit share on PM levels 1 and 2, and then you can choose to withdraw a 90% profit share or 70% profit share once you are on PM level 3 or above.

On the PM Levels 3 and up, you must decide which route to follow:

Route 1:

Receive a 90% Profit Share and stay on the same PM level.

This option would be great if you are looking to build more buffer into your account as you continue making a profit. This option will help you have more room for extra drawdown while withdrawing a greater portion of the profit share.

Route 2:

Receive a 70% Profit Share and scale up to the next level. 

This option would be great if you prefer doubling your account so you can manage a larger capital.

Changing Routes

You can always switch between Route 1 and 2 so that if you choose Route 1, you don't have to always stay on Route 1.

For example, if you chose Route 1 and then at a later date, you decide to follow Route 2, so you can scale up your account.

You can do so at any time you choose. However, any profit share must be adjusted accordingly to reflect the Route you chose to follow.

How to Withdraw?
  1. To request a withdrawal, please email [email protected] stating your account number and the amount you would like to withdraw.
  2. Any Profit Share percentage paid out to our Portfolio Manager is deducted from the account ‎balance.‎ However, this will not affect your profit target.
  3. Any time a PM withdraws the profit, CTI will also withdraw its Profit Share.

Example

If the Portfolio Manager is on the $70,000 funded account. They will have a profit target of $7,000 (10%) in total.

If, in a given month, the PM70 makes a profit of $4,200 (6%), bringing the account balance to $74,200, the PM70 will have three choices:

    1. withdraw the full amount;
    2. withdraw a partial amount; or
    3. keep the funds in as an extra buffer against drawdown for the current level.

However, after withdrawal, the PM will only have to make the remaining $2,800 (4%) to complete the Profit Target objective, which is $7,000 in total profit made.

So, CTI will not penalise the PM for withdrawing as they gradually profit.‎

If the PM requests a $2,940 profit share withdrawal ($4,200 x 70%). CTI will also withdraw its $1,260 Profit Share ($4,200 x 30%) from the funded account. Thus, the account balance will drop back to $70,000, and the trader’s Stop Out level will remain at $66,500.

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