Review
General Company Information
Crypto Fund Trader is a valuation services firm that provides traders with the opportunity to trade a wide range of financial instruments, including cryptocurrencies, currencies, indices, commodities, and stocks, using virtual funds with the potential to generate real profits.
To access its program, traders must pass an evaluation process. After completing this process, they can access up to $300,000 in virtual funds and be eligible to receive 80% of their profits. The company’s main mission appears to focus on identifying and developing talented traders, offering them a platform to showcase their skills and earning rewards.
Collaboration with Bybit
Crypto Fund Trader has announced a significant collaboration with Bybit, a leading global cryptocurrency exchange, positioning itself as a true cryptocurrency prop firm. Starting April 21, 2025, Crypto Fund Trader will fully integrate Bybit into its platform, offering enhanced tools, unparalleled liquidity, and an extensive range of cryptocurrency pairs, exceeding 715.
This partnership aims to provide traders with a seamless and powerful experience tailored specifically to the cryptocurrency market, combining Crypto Fund Trader’s valuation model with Bybit’s high-performance ecosystem.
Benefits for Traders
Key benefits for Crypto Fund Trader traders include access to the largest selection of cryptocurrency pairs available, improved execution speed through the Bybit interface, and increased liquidity. The Crypto Fund Trader Academy will provide tutorials and strategy materials to help traders take full advantage of Bybit’s features. In addition to the technical benefits, Crypto Fund Trader traders will also receive special Bybit rewards.
Transition and Platforms
The transition to Bybit is now underway, with Crypto Fund Trader’s cryptocurrency futures platform switching completely to Bybit on April 21. Other platforms, such as MetaTrader 5 and Crypto Fund Trader’s own platform, will continue to operate normally.
Market Differentiation
This partnership distinguishes Crypto Fund Trader by making it the only prop firm built exclusively for cryptocurrency traders, offering lower trading costs, greater liquidity, and faster execution. The exclusive crypto collaboration through the partnership with Bybit represents a significant differentiator in the prop firm landscape, which often encompasses multiple asset classes.
Most prop firms offer trading in multiple markets, such as forex, indices, and commodities, in addition to cryptocurrencies. By strategically partnering with Bybit and making it a central part of its platform, Crypto Fund Trader is creating a niche specifically for cryptocurrency traders. This could appeal to traders who are primarily interested in or specialized in cryptocurrency trading, offering them a platform tailored to their needs with a wide range of cryptocurrency pairs and the infrastructure of a major cryptocurrency exchange.
This collaboration is described as the first of its kind between a cryptocurrency exchange and a cryptocurrency prop firm.
Security and Reliability
The partnership with Bybit could also imply a move toward greater security and reliability, given Bybit’s position as a leading exchange. As a well-established cryptocurrency exchange, Bybit likely has strong security measures and a stable trading environment.
Integration with Bybit could improve the perceived security and reliability of the Crypto Fund Trader platform in the eyes of potential users, addressing concerns often associated with volatility and risks within the cryptocurrency market.
Financing Programs
Crypto Fund Trader offers different assessment plans. Two main programs stand out: the Phase 1 and Phase 2 assessments, along with the Ascend program.
1 Phase Program
This program requires traders to achieve a profit target in a single evaluation phase.
- Unique Features:
- Offers a faster route to a funded account by skipping the second evaluation phase.
- Uses a progressive drawdown (trailing loss) of 6%.
- Account Sizes and Prices:
- $5,000 Account: $63
- $10,000 Account: $120
- $25,000 Account: $262
- $50,000 Account: $399
- $100,000 Account: $656
- $200,000 Account: $1250
The following table summarizes the different account sizes available in the Phase 1 Program, along with their corresponding prices and associated trading rules:
| Account Size | Price | Profit Target | Daily Loss Limit | Maximum Total Loss | Leverage |
|---|---|---|---|---|---|
| $5,000 | $63 | 10% | 4% | 6% (Trailing) | Up to 1:100 |
| $10,000 | $120 | 10% | 4% | 6% (Trailing) | Up to 1:100 |
| $25,000 | $262 | 10% | 4% | 6% (Trailing) | Up to 1:100 |
| $50,000 | $399 | 10% | 4% | 6% (Trailing) | 1:100 |
| $100,000 | $656 | 10% | 4% | 6% (Trailing) | 1:100 |
| $200,000 | $1250 | 10% | 4% | 6% (Trailing) | 1:100 |
2-Phase Program
This program involves two separate evaluation phases that traders must complete to gain access to a funded account.
- Unique Features:
- Follows a traditional evaluation process with defined profit targets for both phases: 8% in Phase 1 and 5% in Phase 2.
- Sets a fixed total maximum loss of 10%.
- Account Sizes and Prices:
- $5,000 Account: $58
- $10,000 Account: $110
- $25,000 Account: $240
- $50,000 Account: $360 (BEST SELLER)
- $100,000 Account: $598
- $200,000 Account: $1,150
The following table compares the account sizes offered in the 2-Phase Program, along with their pricing and corresponding trading objectives and limits:
| Account Size | Price | Profit Target (Phase 1) | Profit Target (Phase 2) | Daily Stop Loss | Total Maximum Loss | Leverage |
|---|---|---|---|---|---|---|
| $5,000 | $58 | 8% | 5% | 5% | 10% | Until 1:30 |
| $10,000 | $110 | 8% | 5% | 5% | 10% | Until 1:30 |
| $25,000 | $240 | 8% | 5% | 5% | 10% | Until 1:30 |
| $50,000 | $360 | 8% | 5% | 5% | 10% | 1:100 |
| $100,000 | $598 | 8% | 5% | 5% | 10% | 1:100 |
| $200,000 | $1,150 | 8% | 5% | 5% | 10% | 1:100 |
Ascend Program
The Ascend program offers an instant reward to traders who successfully pass the assessment.
- Unique Features:
- No minimum number of trading days required.
- Provides an immediate scholarship reward instead of a traditional funded profit-sharing account.
- Account Sizes and Prices:
- $5,000 Account: $39 (Scholarship: $210)
- $10,000 Account: $78 (Scholarship: $420)
- $25,000 Account: $195 (Scholarship: $1050)
- $50,000 Account: $390 (Scholarship: $2,100)
- $100,000 Account: $780 (Scholarship: $4200)
- $200,000 Account: $1560 (Scholarship: $8400)
The following table presents details of the Ascend Program, including account sizes, assessment fees, and the scholarship amount awarded upon passing the test:
| Account Size | Price | Scholarship Reward | Daily Loss Limit | Maximum Total Loss | Leverage |
|---|---|---|---|---|---|
| $5,000 | $39 | $210 | 5% | 10% | Until 1:30 |
| $10,000 | $78 | $420 | 5% | 10% | Until 1:30 |
| $25,000 | $195 | $1050 | 5% | 10% | Until 1:30 |
| $50,000 | $390 | $2100 | 5% | 10% | 1:100 |
| $100,000 | $780 | $4200 | 5% | 10% | 1:100 |
| $200,000 | $1560 | $8400 | 5% | 10% | 1:100 |
Trading Rules
General Rules
- The maximum trading period for evaluations is unlimited.
- A minimum of 5 different trading days is required for each phase of the evaluation, and they do not need to be consecutive.
- Drawdown violations are based on balance.
- News trading is allowed.
- Trading is allowed during weekends for cryptocurrencies (24/7), forex (Monday to Friday), and other instruments according to their specific market hours.
- Overnight positions are permitted on all account types and instruments.
- Any type of trading strategy is acceptable as long as risk control is maintained. However, exploitative strategies such as high-frequency trading, tick scalping, arbitrage, and strategies that do not operate under real-life conditions are prohibited.
- Gambling, or risking all your capital in a single transaction, is not permitted, as is hedging between accounts with different email addresses controlled by the same user.
- Lot size limits are not explicitly defined, but depend on the available margin and leverage of the account.
Rules of the Evaluation Process
- Two-Phase Evaluation: Successful completion of Phase 1 leads to Phase 2. Passing Phase 2 results in a live or funded account.
- Single Phase Evaluation: Successful completion leads directly to a real or funded account.
- Failure to comply with the rules (e.g., maximum daily loss limit, maximum overall loss limit, progressive loss in the 1-phase evaluation) will result in account deactivation and an email notification.
- Maximum Daily Loss: 5% for the 2-phase evaluation and 4% for the 1-phase evaluation, calculated based on the initial balance as of 12:05 AM UTC.
- Maximum Total Loss: 10% of the initial account balance in 2-phase evaluations.
- Trailing Loss: Applies only to 1-phase assessments (6%), calculated based on the maximum balance reached until it exceeds 6% of the initial balance, at which point it remains static at the initial capital.
Funded Account Rules
- Reverse trading (opening opposite positions simultaneously for 60 seconds or more) within the same pair or between different accounts controlled by the same user is not permitted (unless the initial short position is open for 24 hours).
- Daily or per-trade profit limit of $10,000. Once reached, active trades will be closed, and any amount over $10,000 will be deducted.
- Prohibited Expert Advisors (EAs): High-frequency trading EAs, tick scalping EAs, arbitrage EAs, news scalping EAs, and multi-account reverse trading EAs.
- The maximum allocation per user is $300,000 in real account value (earnings above this limit do not count toward the cap).
- The profit split is 80% for the trader and 20% for the Crypto Fund Trader, calculated on the user’s withdrawal amount.
- A withdrawal can be requested after at least 15 trading days or every 30 calendar days, provided no rules have been violated.
- There is no minimum withdrawal amount.
- Withdrawal requests are processed within 48 business hours, and payments are received within 24 hours of processing.
- If a real account is suspended with profit (meeting certain conditions such as SL on all trades, no individual loss >2% of account size, traded >15 days), the user is eligible for 50% of the profit if requested within 7 days of the violation. *Suspended real accounts can be reinstated (under certain conditions) within 30 days of the violation; reinstatement fees vary.
Deposits and Withdrawals
Deposit Methods
- Payments for assessments can be made via credit cards and cryptocurrencies, accepting 11 different types.
- Cryptocurrency payment gateway accepts USDT and ETH (ERC-20), BTC (BTC network) and USDT (Polygon network).
- A premium cryptocurrency payment gateway (CONFIRMO) is used for secure, fast, and easy cryptocurrency payments.
Withdrawal Methods
- Funded account earnings can be withdrawn via direct bank transfer in EUR and USD.
- Direct transfer to cryptocurrency wallets in USDT (ERC20), USDT (TRC20), Bitcoin (BTC) and Ethereum (ETH) is also available.
Withdrawal Process
- Withdrawal requests are made through the dashboard after meeting the minimum trading days requirement. *An email will be sent requesting the necessary payment information, a signed contract, and completion of KYC.
- All trades must be closed before requesting a withdrawal.
- There is no minimum withdrawal amount.
- Withdrawals are processed within 48 business hours, and payments are received within 24 hours of processing.
The following table summarizes the methods available for both depositing funds for assessments and withdrawing earnings from funded accounts:
| Payment Method (Deposit) | Withdrawal Methods |
|---|---|
| Credit Cards | Bank Transfer (EUR, USD) |
| Cryptocurrencies | USDT (ERC20) |
| USDT (TRC20) | |
| Bitcoin (BTC) | |
| Ethereum (ETH) |
Tradable Financial Instruments
Traders have the opportunity to trade a variety of instruments, including cryptocurrencies, currencies, indices, commodities, and stocks.
Cryptocurrencies
- Over 715 different cryptocurrency futures pairs are available on the Bybit platform.
- The CFT platform and MetaTrader 5 offer more than 125 cryptocurrencies.
Forex
- The CFT platform and MetaTrader 5 provide access to 39 currency pairs.
Indexes
- 15 different indices can be traded on the CFT platform and MetaTrader 5.
Raw Materials
- The offer includes 10 commodities on the CFT platform and MetaTrader 5.
Actions
- Traders can access 25 stocks through the CFT platform and MetaTrader 5.
The Bybit platform primarily focuses on a wide selection of cryptocurrency futures. On the other hand, the CFT platform and MetaTrader 5 offer a more diverse range, including forex, indices, commodities, and stocks, in addition to a significant number of cryptocurrencies.
The partnership with Bybit significantly expands the cryptocurrency offering, while the CFT platform and MT5 offer a wider variety of asset classes. This dual offering allows traders to focus solely on cryptocurrencies through Bybit or diversify their trading into other markets if they wish.
Restricted Countries
Crypto Fund Trader Restrictions
- Access to the CFT platform and MetaTrader 5 is not available to residents of the United States.
Bybit Restrictions (for platform users)
*Crypto Fund Trader does not impose country restrictions for users who choose to perform the evaluation through Bybit.
- However, all traders must use their own personal Bybit accounts and are responsible for complying with Bybit’s Terms of Service and jurisdictional restrictions.
- Bybit does not offer services to users in excluded jurisdictions, including the United States, Hong Kong, Singapore, Canada, France, the United Kingdom, North Korea, Cuba, Iran, Uzbekistan, and Russian-controlled regions of Ukraine.
- Bybit also restricts services to individuals or entities listed on sanctions lists by the US Treasury Department, the EU, and the UK.
The following table summarizes the countries explicitly restricted by Crypto Fund Trader (for the CFT/MT5 platform) and by Bybit (as the main partner for the assessments):
| Platform | Restricted Countries |
|---|---|
| CFT/MT5 | United States |
| Bybit | United States, Hong Kong, Singapore, Canada, France, United Kingdom, North Korea, Cuba, Iran, Uzbekistan, Russian-controlled regions of Ukraine, and entities on sanctions lists. |
Customer Support
Crypto Fund Trader’s contact information includes a contact form on their website and an email address: support@cryptofundtrader.com. Their office is located in Zug, Switzerland. They claim to typically respond within the hour.
Technical Aspects
Trading Platforms
- Crypto Fund Trader (CFT) Platform: Proprietary platform available on web, desktop, iOS, and Android. The web version is accessible via a provided link. Demo credentials are provided: [email address removed]/DemoCFT1.
- MetaTrader 5: Popular retail trading platform. Demo credentials provided: Account 123456 / Password 7cZy-gEo / Server RLCrates-Live.
- Bybit: Partner platform for cryptocurrency futures trading. Users need their own Bybit account (link provided).
Broker
- The partnership with Bybit essentially makes Bybit the primary broker for cryptocurrency trading on the platform.
- For other instruments traded on the CFT platform and MetaTrader 5, the broker is implicitly RLCrates-Live, associated with RLCRATES, SL
Leverage
The following table presents the leverage offered for each asset class across different account types:
| Instrument | Bybit Accounts | Advanced Accounts (CFT & MT5) | Student Accounts (CFT & MT5) |
|---|---|---|---|
| Forex | Up to 1:100 | 1:100 | 1:30 |
| Commodities | Up to 1:100 | 1:100 | 1:30 |
| Indices | Up to 1:100 | 1:100 | 1:20 |
| Cryptocurrencies | Up to 1:100 | 1:100 | 1:5 |
| Shares | Up to 1:100 | 1:100 | 1:5 |
Commissions
The following table summarizes the fee structure for both Bybit and the CFT/MetaTrader 5 platform:
| Platform | Instrument | Commission |
|---|---|---|
| Bybit | Cryptocurrencies | Bybit’s native structure (variable) |
| CFT / MetaTrader 5 | Cryptocurrencies | 0.0325% per side |
| CFT/MetaTrader 5 | Commodities | 0.0005% per side |
| CFT / MetaTrader 5 | Stocks | 0.002% per side |
| CFT/MetaTrader 5 | Forex | $2.5 per lot per side |
| CFT / MetaTrader 5 | Indices | 0.005% per lot per side |
Spreads and Slippage
- Typical Spreads: EUR/USD from 0 pips, BTC/USDT from 1 pip. Spreads can be verified on the respective platforms using demo credentials. *Slippage and spread are entirely dependent on liquidity or the data provider. Crypto Fund Trader claims not to add artificial margins.
Unique Features of Crypto Fund Trader
Proof of Reservations
Crypto Fund Trader has implemented a Proof of Reserves feature to enhance the platform’s transparency and financial security. This initiative ensures that traders’ funds are backed by real, verifiable, and available reserves.
The reserves are stored on the blockchain, making them public and easily auditable. This feature adds a level of transparency that would be much more difficult to achieve through traditional financial systems.
In addition to a main emergency reserve, the company maintains additional wallets and bank accounts designated to cover trader payments. Information is updated daily at 12:00 AM UTC, and a list of funded traders is published with details such as account size, equity, and profits earned.
This structure not only strengthens trust in the system, but also allows users to verify the company’s solvency and commitment in real time.
Trading Competition
Crypto Fund Trader has launched a competitive ELO-based ranking system, allowing traders to measure their performance and compare themselves with others on the platform. This system encourages continuous improvement and offers exclusive rewards to outstanding participants.
Rank Classification
Traders advance through different ranks based on their performance:
- Bronze
- Silver
- Gold
- Emerald
- Diamond
- Master
Each rank reflects the trader’s skill level and consistency, motivating them to reach higher levels. cryptofundtrader.com
How to Earn ELO Points
The ELO system evaluates multiple aspects of trading:
- Successful operations: Not only profit is considered, but also risk management and consistency.
- Passing evaluation phases: Completing phases adds ELO points; failing them can subtract them.
- Withdrawal requests: Making successful withdrawals in the final phase also adds points.
Rewards and Recognition
Top-ranked traders can access exclusive prizes and additional opportunities within the platform. Additionally, the three most successful traders of each season are highlighted, giving them recognition and visibility within the community.
Other Highlights
- Partnering with premium liquidity providers for cryptocurrencies, forex, indices, commodities, and stocks to improve spreads and standardize liquidity across all platforms.
- Direct communication with liquidity partner teams.
- Optimized infrastructure for real-time copy trading and enhanced security.
- Faster payments and greater server stability.
- Crypto Fund Trader 2.0 launched.
- VIP program planned for the future, offering exclusive benefits and opportunities.
- Cryptocurrency futures platform planned for launch.
- More competitions planned for the future.
Continuous development and planned features suggest a commitment to improving the platform and user experience. The roadmap outlined for Crypto Fund Trader 2.0, the VIP program, and the futures platform indicates that the company is actively working to enhance its offerings and remain competitive in the prop firm market. The focus on infrastructure improvements and liquidity partnerships suggests an effort to provide a reliable and efficient trading environment.
Crypto Fund Trader Strengths
- Wide range of tradable instruments, especially in cryptocurrencies through the partnership with Bybit.
- Multiple financing programs to suit different preferences (1 Phase, 2 Phase, Ascend).
- Competitive 80% profit split for funded traders.
- No minimum withdrawal amount.
- Relatively fast withdrawal processing.
- Availability of popular trading platforms (CFT Platform, MetaTrader 5) and integration with a major cryptocurrency exchange (Bybit).
- Low spreads and commissions.
- Allows news trading and weekend trading.
- Future features and platform enhancements planned.
Final Opinion on Crypto Fund Trader
Crypto Fund Trader presents itself as an attractive option for traders, especially those focused on the cryptocurrency market, thanks to its recent strategic partnership with Bybit. This collaboration not only significantly expands the offering of cryptocurrency pairs but also promises to improve liquidity and execution speed for its platform users.
The availability of three distinct funding programs, including one- and two-stage options, as well as the innovative Ascend program with an immediate scholarship reward, demonstrates an effort to appeal to a wide range of traders with different experience levels and goals.
The cost structure appears competitive, with low spreads and transparent commissions, which could be beneficial for active traders. The flexibility in terms of allowed trading strategies, along with the inclusion of news and weekend trading, are also positive aspects.
Overall, Crypto Fund Trader appears to be evolving into a major player in the cryptocurrency prop firm space. Its focus on innovation, as suggested by the upcoming 2.0 release and plans for a VIP program and crypto futures platform, indicates a long-term vision. For traders looking to specialize in cryptocurrencies and leverage the infrastructure of a leading exchange like Bybit, Crypto Fund Trader could be an option worth considering. However, potential users are advised to conduct their research thoroughly and ensure the platform aligns with their individual needs and expectations.