ATFunded Prop Firm Account Types and Differences

ATFunded prop firm account types and differences offer various account types to suit traders varying needs, degree of experience and trading style. Proprietary trading firms, or prop firms, have grown in popularity among traders because of their creative approach to sponsored trading. By giving traders access to their capital, these firms enable people to trade with bigger amounts of money than they may otherwise have. For traders hoping to reach their full potential in the realm of proprietary trading, it is essential to comprehend ATFunded account types and differences. 

Overview of ATFunded Prop Firm

An innovative proprietary trading platform called ATFunded was introduced by a reputable international broker ATFX. With an emphasis on long-term profitability and trader career advancement, ATFunded aims to give traders a flexible and sustainable route to funded trading. Although ATFunded account types and differences are not well defined, the platform’s features indicate that it follows standard procedures in the prop trading sector.

ATFunded Account Types and Differences

• 2-Phase Challenge: ATFunded follows the classic 2-phase challenge model common in prop firms. This involves two evaluation phases with profit targets and drawdown limits. Traders must meet these criteria to progress to a funded account.

ATFunded Account Sizes

• 5,000
• 10,000
• 25,000
• 50,000
• 100,000
• 200,000

Account Size: 5,000

• Maximum Allocation: 200K
• Fee: 35$

Account Size: 10,000

• Maximum Allocation: 200K
• Fee: 69$

The Account Size: 25,000

• Maximum Allocation: 200K
• Fee: 135$

Account Size: 50,000

• Maximum Allocation: 200K
• Fee: 250$

Account Size: 100,000

• Maximum Allocation: 200K
• Fee: 460$

The Account Size: 200,000

• Maximum Allocation: 200K
• Fee: 920$

Target

• Phase 1: 8%
• Phase 2: 5%
• Funded: X

Daily Drawdown

• Phase 1: 4%
• Phase 2: 4%
• Funded: 4%

Overall Drawdown

• Phase 1: 10%
• Phase 2: 10%
• Funded: 10%

News Allowed

• Phase 1: No
• Phase 2: No
• Funded: No

EAs

• Phase 1: Yes
• Phase 2: Yes
• Funded: Yes

Minimum Trading Days

• Phase 1: 3
• Phase 2: 3
• Funded: X

Minimum Trades

• Phase 1: X
• Phase 2: X
• Funded: 5

Drawdown Type

• Phase 1: Balance Based
• Phase 2: Balance Based
• Funded: Balance Based

Pay Period

• Phase 1: X
• Phase 2: X
• Funded: Bi-Weekly

Bonus

• Phase 1: X
• Phase 2: X
• Funded: 3rd Payout

Profit Split

• Phase 1: X
• Phase 2: X
• Funded: 80%

Leverage

• Phase 1: 1:30 FX, 1:20 Indices & Metals, 1:10 Oil, 1:2 Crypto
• Phase 2: 1:30 FX, 1:20 Indices & Metals, 1:10 Oil, 1:2 Crypto
• Funded: 1:30 FX, 1:20 Indices & Metals, 1:10 Oil, 1:2 Crypto

• ATFX Brokerage Account Option: Traders with ATFunded may have the option to receive payouts directly or transfer them to an ATFX brokerage account. This flexibility allows traders to manage their funds effectively and build personal capital.
• ATFunded+ Social Trading Initiative: ATFunded offers a social trading platform where skilled traders can become providers, earning additional income by sharing their trades with followers. This initiative not only provides extra revenue streams but also helps build a trader’s reputation and track record.

Implications of Prop Firm Account Types

The variety of ATFunded account types and differences has significant implications for traders:

• Flexibility and Adaptability: Prop firms offer a variety of evaluation techniques to suit varying risk tolerances and expertise levels. Because of this versatility, traders can select the course that best meets their requirements.
• Risk Management: Prop firms frequently offer traders a low-risk setting where they can hone their tactics without jeopardizing their own money. This is very helpful for new traders.
• Career Development: Long-term growth is the main goal of prop firms like ATFunded, which provide opportunities and tools to assist traders become consistently winning traders. 

Key Considerations for Traders

When evaluating prop firm account types, traders should consider the following factors:

• Evaluation Process: Recognize the prerequisites and difficulties associated with each stage of the evaluation process.
• Profit Sharing Model: Verify that the profit division is reasonable and in line with your performance standards.
• Payout Methods and Frequency: Pick a firm that provides a range of payout options to suit your budget.
• Risk Management Solutions: Look for firms that offer strong risk management solutions.
• Educational Resources: Take into account firms that provide extensive mentorship and training initiatives. 

Conclusion

A special chance for traders to obtain more funds and advanced trading tools is provided by proprietary trading firms. The range of ATFunded account types and differences offered offers flexibility and adaptation to accommodate varying trading styles and levels of experience.The platform’s emphasis on sustainability and long-term growth indicates that it adheres to industry best practices. Traders may make well-informed choices about which firm to join and how to optimize their potential in the realm of proprietary trading by closely examining the characteristics and ramifications of prop firm account types.

Frequently Asked Questions

How To Make An ATFunded Payout Request

• You can submit a payout request after these conditions are met. Our payout procedure is made to be quick and easy. You can move your gains to an ATFX brokerage account if you’re from one of the ATFunded supported countries. From there, you can trade or take your profits out. You can even decide to take your winnings out of your account immediately if you’d like. The only choice available to traders in countries where brokerage accounts are not accepted is to take their profits out of the account directly.

What Is ATFunded Daily and Overall Drawdown Restrictions

• 4% of your initial amount is deducted each day at the beginning of the day (00.00 server time). This implies that you will not be permitted to lose more than 4% of your balance during the course of the following 24 hours, which is how we will determine your balance at the beginning of each day.
• ATFunded provides a 10% maximum drawdown restriction. This implies that you may lose up to 10% of your initial balance as soon as you open your account before you hit the maximum drawdown amount.

What Are ATFunded Payout Methods

• ATFX brokerage account
• Crypto
• Bank Wire Transfer