Alexandre H.
1/5 Stars – Imperial Trader Funding
I’ve been trading prop firms for over three years (FTMO, FundedNext, The5ers, Alpha Capital, etc.) and have passed several challenges with real funded accounts. I’ve mostly traded futures, but when I saw Yummers (YouTuber) heavily promoting Imperial’s “Instant Funding” as a way to finally get into funded options trading with no evaluation and a one-time fee, I thought this was the perfect next step. I was really excited. I feel gutted writing this. I ignored the earlier negative reviews because support kept replying with the same “it’s in the terms” script. I should’ve listened. Here’s what actually happens: 1. Their Instant Accounts are NOT instant funding. You start on a simulated account (never mentioned upfront) with a hidden 12% profit target ($3,000 on a $25k account) just to request a payout… that’s capped at $1,000. You literally can’t take out the full amount you “earned.” 2. Options fills on ETNA are brutal. You sell at the bid, buy at the ask almost every time. Anything wider than a few cents is impossible. Credit spreads, debit spreads, calendars, butterflies; strategies I know work on other funded accounts are basically dead here. 3. Unrealised drawdown uses bid/ask marks, so a tiny quote move can wipe your daily or trailing limit even if the position is fine. 4. The platform froze mid-trade (same exact trade filled instantly on two other brokers) and blew the account. They refused reset or refund. 5. They confirmed in writing it was a one-time payment… then I had my card charged again a month later. I had to freeze it as they have been so dishonest I'm scared they would continue to charge me. Imperial support will almost certainly reply here with one of their ChatGPT-style answers full of “—” dashes and the exact same robotic phrasing. That’s exactly how they convinced me to ignore the warnings last time. Please don’t fall for it like I did. I’m now filing complaints with the FTC, California AG, and BBB. (You don't have to be an American citizen to do so.) If you’ve had similar experience, please report them too. The more of us who do, the better chance we have of shutting this down and protecting other traders. There are so many honest prop firms out there that actually let you trade options on proper platforms. I wish I’d stuck with them instead. 1 star, and I’m genuinely heartbroken I fell for it.