The proprietary trading firm (prop firm) market has grown rapidly, with numerous new projects emerging to provide capital and support for traders in search of profit. However, as more and more prop firm projects appear, there has also been a rise in fraudulent organizations looking to take advantage of traders and misappropriate customer assets. Recently, the name “Crypto Fund Trader” has been gaining attention from investors. Despite receiving some positive evaluations, the project has also drawn criticism. So what is the truth? Is Crypto Fund Trader a scam or a legitimate funding firm? Let’s explore the answer in today’s Crypto Fund Trader review.
Overview of Crypto Fund Trader
Crypto Fund Trader is a proprietary trading firm project established in 2021, with its representative office located in Navarre, Spain. The firm focuses on various asset classes such as stocks, commodities, indices, forex, and cryptocurrencies. Its primary goal is to provide traders with capital for their trading activities.
According to the company, evaluation results are updated every Saturday to ensure transparency for all stakeholders and to serve as a model for other trading firms. Traders can receive funding of up to $200,000 and retain up to 80% of the profits if they demonstrate consistent profitability, strong risk management, and strict adherence to the firm’s rules.
Crypto Fund Trader is designed for individuals interested in entering the world of proprietary trading, especially in the highly volatile and dynamic cryptocurrency market.
To join Crypto Fund Trader, investors must pass the evaluation challenges provided by the system. Once passed, they become funded traders. Depending on the amount of capital provided, traders will manage funded accounts and share profits based on the firm’s terms and conditions.
Crypto Fund Trader Review – Funding Programs
Currently, Crypto Fund Trader offers two main funding programs, each catering to different trader needs and skill levels:
Two-Phase Evaluation Program
The Two-Phase Evaluation Program offers traders the opportunity to manage account sizes ranging from $5,000 to $200,000. The purpose of this evaluation process is to identify skilled traders who can manage risk effectively and generate steady profits. Depending on the asset class traded, traders may receive leverage of up to 1:100.
- The first and second phases of this evaluation program require profit targets of 8% and 5%, respectively. To qualify for funding, traders must not exceed a 5% daily loss or a 10% total drawdown across both phases. There is no maximum trading day limit, but to be eligible for a funded account, a minimum of five trading days is required.
One-Phase Evaluation
For more experienced traders, the One-Phase Evaluation provides a quicker path to funding. It also offers account sizes from $5,000 to $200,000.
- In this program, traders must achieve a 10% profit target while keeping daily drawdown under 4% and total drawdown under 6%. A minimum of five trading days is required to qualify, with no upper limit on trading days. If you meet the 4% daily loss and 6% total loss rules, you will receive a fully funded account with no minimum withdrawal limit once you successfully complete the challenge.
Crypto Fund Trader Review – Available Trading Instruments
When opening a funded account with Crypto Fund Trader, you will gain access to a wide range of trading instruments. As expected, cryptocurrencies are the most prominently featured. There are 125 individual cryptocurrencies available, which make up 715 total crypto pairs.
However, that’s not all. Other available markets include:
- Cryptocurrencies: 125 coins (715 crypto pairs)
- Forex: 39 pairs
- Indices: 15 pairs
- Commodities: 10 pairs
Stocks: 25 instruments
Crypto Fund Trader Review – Fees and Costs
Crypto Fund Trader’s competitive fee structure is designed to minimize trading costs for funded traders. The fees are as follows:
- Cryptocurrency trading: 0.0125% per lot
- Commodities trading: 0.0005% per lot
- Stock trading: 0.002% per lot
- Forex trading: $1.5 per lot per side
- Indices trading: Free of charge
This commission model allows traders to retain a greater share of their profits by minimizing cost overheads. Funded traders can trade across multiple markets, benefiting from Crypto Fund Trader’s 0% index fees and controlled costs for other asset classes. The pricing structure is simple and aligns with the company’s stated mission of helping experienced traders grow their accounts.
Crypto Fund Trader Review – Benefits and Risks
Benefits
The main benefit of trading with Crypto Fund Trader lies in the access to capital and favorable trading conditions provided by the firm. If you pass the evaluation stages, you may receive funding of up to $200,000, allowing you to trade at a much larger scale.
Funded traders enjoy an 80/20 profit split, enabling them to keep 80% of their profits. Other notable benefits include the option to trade multiple asset classes such as forex and crypto, high leverage up to 1:100, zero-pip spreads, and customizable programs based on your experience level.
Risks
However, there are significant risks to consider when using this crypto-funded trading program. The evaluation phases are challenging, as traders must meet specific profit targets while staying within strict daily and overall drawdown limits. If you fail the evaluation, you will lose your registration fee and receive no funding.
Despite the attractive 80/20 profit split, the firm still retains 20% of your profits, which reduces your overall earnings. Additionally, the upfront registration fees present a financial risk – especially if you do not successfully complete the evaluation.
Lastly, the volatility and unpredictability of the cryptocurrency market remain challenges that traders must manage independently. Hitting the profit targets under such market conditions can be extremely difficult.
Ultimately, you need to decide whether the potential capital and favorable trading terms outweigh the difficulty, cost, and risk associated with trading through a proprietary firm like Crypto Fund Trader.
Negative Aspects of Crypto Fund Trader
While Crypto Fund Trader positions itself as a unique prop firm specializing in the crypto market, several major concerns raise red flags for potential applicants:
Lack of Company Transparency
Very little information is provided about the company’s founders, registration status, or legal backing. Transparency is essential for traders trusting a firm to give access to live accounts and manage profit-sharing, and Crypto Fund Trader falls short in this regard.
Strict and Demanding Evaluations
The trading challenges are highly demanding, with strict drawdown limits and high profit targets (often 10% or more). Due to crypto market volatility, this setup can be extremely unforgiving. Many traders report that the evaluation feels more like a trap than an opportunity.
Limited Payout Records
Unlike established prop firms, there is little evidence of consistent payouts or verified funded traders. Reviews from communities like Reddit and Trustpilot suggest unclear withdrawal policies and slow communication.
Unresponsive Customer Support
Several users have reported delayed or nonexistent customer service responses. In a fast-paced trading environment, slow support can be detrimental—especially when facing technical or trading-related issues.
Too Much Focus on Marketing Over Substance
Instead of building trust through platform stability, trader education, or community transparency, Crypto Fund Trader seems to rely heavily on affiliate marketing and social media promotion.
Conclusion
Based on this Crypto Fund Trader Review, it is clear that while the firm is marketed as a top-tier prop trading platform, there are still numerous limitations that traders should carefully consider. If you are seeking a reliable prop firm to invest your time and money into, Crypto Fund Trader may not be the ideal choice.
Traders should weigh the potential benefits against the risks and challenges before deciding to join. For more insights and detailed evaluations of trading firms, be sure to visit our website Pfinsight.net for regular updates and useful content.