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City Traders Imperium (CTI) Botswana Review 2026 — 100% Split & Trailing DD

CTI offers Botswana traders up to 100% profit split and an instant funding option — rare features in the prop trading industry. UK-registered since 2018. Supports both MT5 and cTrader with refundable challenge fees and monthly bank wire/crypto payouts.

S

Sajid

Lead Retail Trader & Botswana Market Analyst

Published 2024-06-01

Updated June 2026

Fact Checked by Sajid100% Unbiased EditorialBased on Live Market Experience

Forex Trading Risk — Botswana Traders

Most Forex brokers reviewed on this site are offshore platforms not regulated by the NBFIRA or Bank of Botswana. Trading Forex through offshore brokers from Botswana does not carry local regulatory protections. Retail Forex trading on international brokers carries both financial risk (you can lose your capital) and regulatory risk. Consult a financial adviser before depositing funds.

City Traders Imperium (CTI) — 100% Profit Split & Instant Funding for Botswana Traders

City Traders Imperium (CTI) is a UK-based proprietary trading firm founded in 2018 — making it one of the most established prop firms in this comparison. CTI's most distinctive features are its up to 100% profit split (the highest of any firm reviewed here) and itsinstant funding option that allows experienced traders to skip the evaluation phase entirely.

CTI is also notable for its trailing drawdown model — a more challenging drawdown calculation method where your maximum loss limit follows your peak equity rather than your initial balance. This requires more active drawdown management than the static models used by competitors, but rewards traders who grow their accounts consistently.

For Botswana traders, CTI offers two platform options — MT5 and cTrader— giving access to the full MetaTrader ecosystem for MT4-trained traders and the advanced cTrader platform for algorithmic and institutional-style traders. Account sizes range from $2,500 (the smallest minimum of any firm here) to $100,000, with a refundable challenge fee policy.

Understanding CTI's Trailing Drawdown — Essential for Botswana Traders

CTI uses a trailing drawdown — the most important concept to understand before registering. Unlike static drawdown (used by FundingPips, FundedNext, GOAT, and most competitors), trailing drawdown tracks your highest-ever equity balance:

ScenarioStatic Drawdown (10%)Trailing Drawdown (10%)
Starting balance$25,000$25,000
Grow to peak$27,500 (+10%)$27,500 (+10%)
Drawdown limit$22,500 (10% of $25K)$24,750 (10% of $27.5K peak)
Remaining buffer from peak$5,000$2,750

As shown above: after growing your account, trailing drawdown provides less absolute room to pull back than static drawdown. Botswana traders who use swing strategies with extended drawdown periods must monitor equity carefully. However, for traders who grow consistently without large retracements, trailing drawdown is not a significant concern.

Trailing Drawdown Caution

Trailing drawdown is more restrictive than static drawdown. Never let profits run without adjusting your stop-loss levels, as a large pullback from a peak equity level can violate your account despite overall profitability.

CTI Instant Funding Option for Botswana Traders

CTI's instant funding programme allows experienced traders to receive a funded account immediately — bypassing the standard 2-phase evaluation. In exchange for a higher initial fee, you begin trading live funded capital on day one. This option is appropriate for:

  • Experienced Botswana traders with documented consistent performance who want to skip the evaluation timeline
  • Traders with limited time who cannot dedicate weeks to evaluation phases
  • Those who have passed other prop firm evaluations and want immediate access to CTI's 100% split programme

Instant funding accounts typically have stricter initial profit withdrawal conditions. Verify current instant funding terms on CTI's official platform before purchasing.

Registration from Botswana

  1. Visit CTI via our referral link. Register with name, email, and password.
  2. Select account size ($2.5K–$100K) and account type: Standard Challenge or Instant Funding.
  3. Choose platform: MT5 or cTrader (can be changed after registration).
  4. Pay via Visa/Mastercard, USDT, or bank transfer. CTI's UK infrastructure makes card payments more reliable.
  5. Receive login credentials within 24 hours. Trailing drawdown applies from day one — manage accordingly.

CTI Standard Challenge Rules

ParameterPhase 1Phase 2Funded Account
Profit Target8%4%No target
Max Drawdown10% (TRAILING)10% (TRAILING)10% (TRAILING)
Daily Drawdown5%5%5%
Min Trading Days5 days5 daysNone
Time LimitUnlimitedUnlimitedUnlimited
Profit SplitUp to 100%
Fee RefundableYes — on first payout

Is CTI Safe for Botswana Traders?

CTI allows swap-free account conditions on request. The progressive profit split up to 100% follows mudarabah principles. The refundable fee policy (returned on first payout) removes the concern of irrecoverable service costs from an swap-free finance perspective. The trailing drawdown creates defined, bounded risk rather than open-ended liability. Many Botswana swap-free scholars who permit systematic forex trading consider this arrangement permissible. Request swap-free account conditions at setup.

CTI Payouts for Botswana Traders

CTI pays monthly via bank wire (SWIFT) and cryptocurrency (USDT). Bank wire deposits reach Botswana banks within 3–5 business days. USDT is the faster option — convert to BWP via Binance P2P immediately. CTI's UK infrastructure makes bank wire payouts more operationally reliable than many offshore-registered prop firms.

On a $50K funded account at 2% monthly return with 100% profit split: $1,000/month ≈ P13,000 at current rates. The 100% split makes CTI potentially the highest-income prop firm in this comparison for consistently profitable Botswana traders.

cTrader vs MT5 — Which Platform for Botswana Traders?

CTI supports both MetaTrader 5 (MT5) and cTrader:

  • MT5: Recommended for most Botswana traders. Familiar interface, Expert Advisors supported, MQL5 scripting, available as mobile app on all Botswana networks. No learning curve for MT4-trained traders.
  • cTrader: Superior charting, true ECN execution with depth-of-market, cAlgo algorithmic trading, and institutional-grade price feeds. Best for advanced Botswana traders comfortable with a new platform interface.

Both platforms are fully supported by CTI with no feature limitations based on platform choice. Your trading strategy should guide the decision — scalpers often prefer cTrader's faster execution; swing traders and EA users typically prefer MT5.

CTI vs Other Prop Firms for Botswana

1FundingPips
4.5
SplitUp to 95%
Max DD10%
Scaling✓ Yes
Accounts$6K -- $200K
Ph.1 Target8%
Fee Refund✗ No
2FundedNext
4.5
SplitUp to 95%
Max DD10%
Scaling✓ Yes
Accounts$6K -- $200K
Ph.1 Target10%
Fee Refund✓ Yes
3Blue Guardian
4.3
SplitUp to 85%
Max DD10%
Scaling✗ No
Accounts$10K -- $200K
Ph.1 Target8%
Fee Refund✗ No
4GOAT Funded Trader
4.2
SplitUp to 90%
Max DD12%
Scaling✓ Yes
Accounts$5K -- $200K
Ph.1 Target10%
Fee Refund✗ No
5AquaFunded
4.2
SplitUp to 95%
Max DD10%
Scaling✓ Yes
Accounts$5K -- $200K
Ph.1 Target10%
Fee Refund✗ No
6Moneta Funded
4.0
SplitUp to 90%
Max DD10%
Scaling✗ No
Accounts$10K -- $200K
Ph.1 Target8%
Fee Refund✗ No
7Upcomers
4.0
SplitUp to 90%
Max DD10%
Scaling✓ Yes
Accounts$5K -- $200K
Ph.1 Target8%
Fee Refund✗ No
8Funding Traders
4.0
SplitUp to 90%
Max DD10%
Scaling✓ Yes
Accounts$5K -- $100K
Ph.1 Target10%
Fee Refund✗ No
9City Traders ImperiumThis firm
4.3
SplitUp to 100%
Max DD10%
Scaling✓ Yes
Accounts$2.5K -- $100K
Ph.1 Target8%
Fee Refund✓ Yes
10FTMO
4.8
Split80% to 90%
Max DD10%
Scaling✓ Yes
Accounts$10K -- $200K
Ph.1 Target10%
Fee Refund✓ Yes

⚠ Affiliate disclosure: links above may earn us a commission at no extra cost to you. All figures subject to change — verify current terms on each firm's website before purchasing.

Sajid's Advanced Risk & Psychological Guidance

Let us talk about the psychological games that this industry plays on retail minds. Prop trading is marketed as a shortcut to wealth. The pitch is simple: pay a small fee, pass a demo test, and trade a huge account. But the statistics tell a different story. Less than 4% of traders who buy a challenge ever reach a payout, and less than 1% ever get a second payout. Why? Because the daily drawdown rules (typically 5%) force you to trade with an extremely tight margin. In a normal trading account, a 5% drawdown is just a bad day; in a prop firm, it is a liquidation event. (My account balance dropped faster than my mood after a margin call.)

Furthermore, many retail traders in Gaborone and Francistown treat prop challenges as lottery tickets. They buy multiple challenges, use excessive leverage to pass the first phase, and then blow the funded account within the first week. To trade here successfully, you must treat your challenge fee as a business asset. Calculate your maximum risk per trade (we recommend no more than 0.5% of the starting balance) so you can survive a 10-trade losing streak. If you risk 2% per trade, you are statistically guaranteed to violate the daily drawdown limit within a month due to standard market noise.

Another hidden hurdle is the execution feed. Most prop firms do not use real tier-1 liquidity providers; instead, they use synthetic feeds or B-book retail brokers. This results in artificial slippage, spread widening, and execution delays during high-impact news releases. If you are trying to trade news with a prop account, you will find that your stop-loss is executed several pips worse than what you saw on the chart, which can trigger a daily drawdown violation. Make sure you avoid trading during major red folder news events unless your firm explicitly allows it and you have a wide buffer.

The refundable fee is a powerful marketing tool. Prop firms know that if you think you will get your money back, you are much more likely to purchase a challenge. They frame the fee as a refundable deposit. But psychologically, this makes you treat the evaluation as a zero-cost exercise, leading to relaxed risk management. In reality, you only get the refund if you pass both phases and secure your first payout. If you fail (which statistically happens to 95%+ of participants), the fee is gone forever. Treat the fee as a sunk cost the moment you pay it.

In terms of Botswana compliance, remember that since you are trading demo accounts and receiving service fee payments, NBFIRA has no say in this space. It is completely legal and allowed for individuals in Botswana. But the Botswana Unified Revenue Service (BURS) will definitely want their cut. When you bring your payouts back to your local bank account (whether via SWIFT or from converting crypto on Binance P2P), classify those payouts as personal service income. Keep records of your initial challenge fees as business expenses to offset your tax liability.

Additionally, you must manage your payment channels carefully. Because Bank of Botswana capital controls frequently lead to local card declines on international prop firm payments, do not keep retrying with your FNB or Stanbic card. This can cause your card to be flagged for suspicious activity. Instead, fund your challenge using cryptocurrency (USDT) or e-wallets. When withdrawing, crypto remains the fastest and most tax-efficient method, as local banks will charge high conversion fees to convert USD payouts into BWP.

Frequently Asked Questions

Frequently Asked Questions

Yes — City Traders Imperium's 100% profit split is a genuine programme available on their fully funded accounts. However, the 100% split typically applies to a portion of earnings or is earned progressively through consistent trading rather than from the first payout. Most traders start at 70–80% split and progress to 100% through their scaling plan. Verify the current split structure on CTI's official website before purchasing, as programmes may update.
A trailing drawdown means your maximum drawdown limit follows (trails) your highest achieved equity balance, not your initial account balance. Example: you start with $25,000 and grow to $27,500 (+10%). Your trailing drawdown limit (10%) now locks in at $27,500 × 90% = $24,750. If you lose back to $24,750, your account is violated — even though you only lost $2,750 from the peak. In contrast, a static drawdown always calculates from the initial $25,000 balance. Trailing drawdown requires more active drawdown monitoring and is generally considered more difficult than static drawdown.
Yes. CTI offers an instant funded account option where you skip the evaluation phase entirely and begin trading a funded account immediately, in exchange for a higher initial fee and more restrictive withdrawal conditions. This is appealing for Botswana traders who are highly confident in their strategy and want to skip the 2-phase evaluation timeline. Check CTI's current instant funding terms before purchasing.
CTI allows swap-free account conditions on request. The profit split (up to 100%) follows mudarabah principles. The refundable fee policy (where applicable) removes the concern of irrecoverable service costs. CTI is based in the UK and has operated since 2018 with a documented track record. Many Botswana swap-free scholars who permit systematic forex trading consider this arrangement permissible when trading swap-free.
City Traders Imperium is a UK-registered company (not NBFIRA/Bank of Botswana licensed for Botswana operations). The challenge fee is an international service payment. There is no NBFIRA or Bank of Botswana prohibition specifically targeting Botswana participation in international funded trader programs. Profits are foreign income to declare to BURS. CTI's UK registration provides a higher governance standard than many offshore-registered prop firms.
Botswana traders familiar with MetaTrader (MT4/MT5) should choose MT5 on CTI — it requires no platform learning curve. Traders interested in algorithmic trading, tick-data analysis, or who want to leverage cTrader's superior depth-of-market and level 2 pricing should choose cTrader. Both platforms are fully supported. MT5 is recommended for beginners; cTrader for advanced/algorithmic traders.
S

Sajid

Lead Retail Trader & Botswana Market Analyst

Trading since 2012

Last updated

June 2026

Gaborone-based retail Forex trader since 2012. Learned risk management the hard way after blowing three accounts. Cynical analyst of broker fees and payment channels.

Forex TradingPrice Action AnalysisGold (XAUUSD) TradingNBFIRA Regulations

Forex Trading Risk — Botswana Traders

Most Forex brokers reviewed on this site are offshore platforms not regulated by the NBFIRA or Bank of Botswana. Trading Forex through offshore brokers from Botswana does not carry local regulatory protections. Retail Forex trading on international brokers carries both financial risk (you can lose your capital) and regulatory risk. Consult a financial adviser before depositing funds.