It is important for traders to take note of CFT prop firm supported and restricted countries, especially for those looking to join the prop firm. Crypto Fund Trader (CFT) is a proprietary trading firm that gives traders access to the firmās funds for trading. The background, trading conditions, CFT prop firm supported and restricted countries, and other pertinent information are all covered in full in this article about CFT Prop Firm.
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CFT Prop Firm Overview
Crypto Fund Trader, or CFT, is a prop firm that specializes in bitcoin trading while funding traders in fiat currencies. With a large selection of crypto pairs and spreads beginning at 0 pips, CFT stands out. The firm offers traders funding of up to $300,000.
Characteristics of CFT Prop Firm
- Trading Platforms: MetaTrader 5 (MT5), CFT Platform, and Crypto Futures Platform.
- Tradable Instruments: A wide array of crypto pairs.
Commissions:
- Forex traders: $3.00 per 1.0 standard round lot
- Crypto traders: 0.05% per trade
- Commodity traders: 0.001%
- Equity traders: 0.004%
Special Characteristics: CFT has two distinct funding programs and is renowned for being the first prop firm with a crypto concentration.
CFT Supported Countries
CFT is unique in that it welcomes traders from every nation. Because of this inclusive strategy, traders from different locations can engage without being restricted by geography.
CFT Restricted CountriesĀ
Crypto Fund Trader is unrestricted by any country, in contrast to many other prop firms. This implies that traders can use CFTās services and trading platforms from any nation.
Rules & Conditions for Trading
Raw spread trading with extremely competitive commissions is one of the advantageous trading circumstances that CFT provides. While other products have low commission rates, index trading is commission-free. The evaluation criteria set by CFT are in line with accepted industry norms and donāt need a lot of effort.
Platforms for Trading
To satisfy a range of trading tastes, CFT offers several trading platforms.Ā
- MetaTrader 5 (MT5): A well-liked platform with advanced charting tools and automated trading features.
- CFT Platform: A unique trading platform for cryptocurrency traders that links to Binance.Ā
- Crypto Futures Platform: An additional platform choice for cryptocurrency futures trading.
Instruction and Assistance
By providing tutorial videos, online courses, e-books, live streaming, podcasts, and one-on-one coaching, CFT blends education and prop trading. Prop trading is not advised for novices, but CFT offers traders educational materials to help them.
Benefits of CFT
- No Country Limitations: Because it welcomes traders from every nation, CFT is available to a worldwide audience.
- Minimal Trading Fees: CFT provides extremely cheap trading fees, which increase tradersā profitability.Ā
- Multiple Trading Platforms: MT5, CFT, and Crypto Futures are among the various trading platforms available to traders.
- Numerous Crypto Pairs: A wide variety of cryptocurrency pairs are accessible through CFT.
Disadvantages Of CFT
CFTās drawbacks includes;
- Unsuitable For Novices. Because prop trading is complicated and risky, it is generally not advised for novices.
- Crypto Focus: This may not be appealing to traders interested in other asset classes, but it is beneficial for cryptocurrency lovers.
In conclusion
The distinctive prop firm CFT (Crypto Fund Trader) sets itself apart by taking traders from all nations. For seasoned cryptocurrency traders, CFT offers a welcoming environment with its emphasis on cryptocurrency trading, several platforms, and affordable trading fees. Prop trading is not appropriate for novices, nevertheless, and traders should carefully evaluate their preferences and techniques before selecting a prop business.
Frequently Asked Questions
Which Countries Are Permitted To Join CFT?Ā
- CFT supports and allows traders from all over the world to open an account with them.
Are There Any Banned Countries In CFT?Ā
- No, CFT does not have any banned countries. They accept traders from all countries
