Prop Firm ATFunded Reports 6% of Traders Reached Funded Status in June Trading Data

Prop firm ATFunded, the trading brand of the popular retail FX and CFD broker ATFX, disclosed that just over 6% of its traders ultimately secure funded accounts, according to performance data the company shared for June trading activity.

ATFunded Reports Only 6% of Traders Reach Funded Status

The firm posted statistics on social media showing that 22.6% of traders advanced from its initial Phase 1 evaluation to Phase 2, while 26.9% of those Phase 2 participants went on to receive funded trading accounts. When combined, these figures reveal an overall success rate of approximately 6% for traders entering the program.

These statistics, however, align with the broader market average. Nearly a year ago, FinanceMagnates.com reported that only 7% of 300,000 prop trading accounts reached a payout, based on data from FPFX Tech. This year, The Funded Trader revealed that only 1 in 20 traders manages to pass a prop firm challenge.

ATFunded, launched in October 2024, operates a multi-stage evaluation process common among proprietary trading firms, where aspiring traders must demonstrate consistent profitability and risk management skills before receiving capital to trade.

The USD/JPY currency pair emerged as both the most actively traded and most profitable instrument among ATFunded's trader base during June. This aligns with broader forex market trends, as the dollar-yen pair has seen increased volatility amid shifting monetary policy expectations between the Federal Reserve and Bank of Japan.

ATFunded Pro Launch

The prop trading firm also announced the imminent launch of ATFunded Pro, a new offering that the company describes as “simpler” and “smarter” than its current evaluation system. Originally scheduled to debut on July 7, the launch has been pushed back by one day to ensure what the company calls a “flawless” rollout.

ATFunded teased the new product on social media, claiming it would “change the game,” providing limited details about the new evaluation program. The information provided suggests it will be a single-phase challenge with a profit target of 6%. Currently, the target is 8% in Phase 1 and 5% in Phase 2.

The delay announcement came just hours before the planned launch, with the company citing final quality checks as the reason for the postponement.

ATFunded Pro is now set to launch on July 8, with the company promising that the additional development time will deliver “the best possible experience from day one.” The announcement reflects the competitive pressure in the proprietary trading space, where firms regularly introduce new evaluation formats to attract traders.

The prop trading industry is challenging not only for retail clients but also for the firms themselves. According to Finance Magnates Intelligence, as many as 100 prop firms shut down in 2024. Justin Hertzberg, CEO of FPFX, expects this trend to continue in the current and coming years.