City Traders Imperium Review: CTI use puppets like Etienne to promote their problem to just to invite more suckers to try and ultimately fail their funded program. So that the CEOs that claim to be “consistent traders” can make money from those tho lose. Employing lost puppets like that Rodrigo idiot and Jamie Morris clown who lie about being “portfolio managers”. Jamie Morris simply failed at his previous prop firm, he now as joined the spammy team to earn monthly from suckers. City Traders Imperium Claim the capital is their own. HAHA let me just laugh on that, it so clearly is not. You’re telling me Daniel that claimed to come to the UK in 2000 and whatever then built up millions to fund his own prop firm?! And his apparent prodigy of a mentee Martin Najat who also miserably failed trading in Audacity capital. Guys Stay away from City Traders Imperium, it is a ponzi snake oil scheme. Believe nothing, question everything. I have traded for CTI for a while now. Just like any other “trading scheme” out there they will make you feel as if you are really benefiting from their relationship but sadly you’re not. Their system is negative equity, it is designed to make you lose in the long term. When you have a continuous profit target of 10% and a Trailing drawdown of 4% you will fail at some point, usually sooner than later. Take a look at those that have began the challenges, those that have passed by chance because honestly the odds are so heavily against you. Where are they now? A tiny % of people pass the evaluation and CTI make sure that they post these “winning traders” on their site to try to show you that it is possible. But how many of those traders make it through the next round and the next and the next. Yes you guessed it NONE. Unless CTI are ready to show otherwise.(They can’t) CTI is like a casino, the house always wins. They will put things in place that cause them to win in the long term while most of their “traders” fail in the long term. They know they have a failure rate of 95%+ so happily they take the one time fees and kiss you on your way. When you’re not successful they will sell you some motivational words, saying “focus on your psychology” “follow your plan” etc etc to encourage you to try again and pay the 1-time fee again. All the while selling something they themselves could not even pass. We have seen this time and time again, celebrities endorsing food/drink and cosmetic products they have in reality never used just to make sales using sweet words. This is the same. The reason I said their “own” challenge is because it’s not really their own. The capital in the accounts, is not theirs. Their parameters, are not theirs. They are just like any white label reseller, trying to sell the same thing another is selling to make money. But they will never tell you all of this. You have people that have been claiming to be “portfolio managers” for several months now but again with schemes like this it’s unlikely for you to stay on the same level, you either go forward or you fail. These people that claim to be “portfolio managers” have failed and lost the accounts. If you want proof contact me. CTI won’t tell you they have a failure rate of over 95%. They claim they have successful traders who are “private” trust me this is a lie. All these apparent “Portfolio Managers” where are they today? Failed that’s right so we don’t hear of them and CTI don’t talk about them. Another great question to ask is about the Head Traders, the founders that claim to be professionals with rags to riches stories and heart warming trading journey stories. But are they just selling these funded accounts that they sadly and evidently cannot pass themselves? YES
They promise that they do not make a dime from people paying the 1-time fees but this is just an out right lie, I have worked as staff in a different prop firm previously. So they shouldn’t bother trying to lie to me. Also CTI as a registered UK business would be pointless if they didn’t rake in cash from one-time fees as they don’t make money any other way. They may not make allot from the 1-time fees but the difference between the Drawdown on each failed account and the 1-time fee paid is what they pocket. Claims of being “successful traders” are well know in this game. Claims that are always never backed. A common practice of prop firms is to sell other things in order to make their own independent money, aside from the profit they share with their “investors”. A community was recently rolled out by their founders and particularly by someone who claims to be a “portfolio manager” to traders but has confessed to failing the “portfolio manager” level and starting again and failing. He is the chief of marketing at City Traders Imperium...Why else would they roll out this big community, no other reason than to make money and I understand, if it doesn’t make money it doesn’t make sense. But profiting off the fact that you’re selling a lie is low but expected from most, it has gone on for centuries. To cut a long story short, their are so many snake oil sales men out her now adays you can’t even tell what’s real or what’s fake. With their constant lying promises. All I can advise anyone about to start here is require proof, how many people have reached the Millionaire Trader tier, how many people fail the challenge, of those that do pass how many stay on or go onto fail the next stage. Props to them “no pun intended :)” but again just know what it is you’re getting into, if they wanted you to succeed and trade consistently over the long term they wouldn’t have a 4% relative drawdown with a 10% target. Which simply means the odds are against you. Again, believe nothing and question everything.