.png)
How Atlas Access Works
Atlas Access allows traders to begin their prop trading evaluation with just a $5 broker fee using code ACCESS at checkout. You only pay the full challenge fee after passing both evaluation phases, which include achieving 9% profit in Phase 1 and 5% in Phase 2, with daily and overall drawdown limits of 3% and 6%, respectively. If you fail, you lose only the $5 fee, making it a risk-free start. There are no time limits, and news trading is permitted, offering flexibility.
Benefits and Comparison
The pay after you pass model minimizes financial risk, focusing on performance without upfront pressure. Compared to traditional prop firms, Atlas Funded offers faster payouts (7 days), higher profit splits (up to 90%), and a fee refund after your third payout, which traditional firms typically don’t provide. This makes Atlas Access particularly appealing for traders seeking low-risk opportunities.
Credibility and Support
Atlas Funded has provided over $10 million in funded capital and boasts a 4-star rating on Trustpilot from over 300 reviews, suggesting strong trader trust. However, some reviews mention technical issues, so it’s worth noting their commitment to support, including a community for traders to connect and share insights.
Detailed Analysis and Background: Atlas Funded and Atlas Access
Overview of Atlas Funded and Atlas Access
Atlas Funded is a leading proprietary trading firm dedicated to transforming the trading landscape through innovation and opportunity, as stated on their official website. Their flagship program, Atlas Access, introduces a pay after you pass challenge model, allowing traders to start their prop trading evaluation with minimal financial risk. This model is particularly significant in the prop trading industry, where upfront costs can be a barrier for many aspiring traders.
The pay after you pass challenge is a revolutionary approach, enabling traders to pay the full challenge fee only after successfully passing the evaluation, rather than upfront. This is detailed on their Atlas Access page, which highlights it as a unique evaluation type limited to one attempt per user, emphasizing its exclusivity.
Detailed Mechanics of Atlas Access
To participate in Atlas Access, traders begin by paying a $5 broker fee, accessible by using code ACCESS at checkout, as noted on the official page. This low entry cost is a key feature, reducing financial barriers. The evaluation process involves two phases: Phase 1 requires achieving a 9% profit target, and Phase 2 requires an additional 5% profit, both without breaching drawdown limits of 3% daily and 6% overall, as confirmed in the FAQ section.
Importantly, there are no time limits for completing the evaluation, allowing traders to trade at their own pace, a significant advantage over traditional prop firms with strict deadlines. Additionally, Atlas Funded permits news trading during the evaluation, offering strategic flexibility, and employs balance-based drawdown for fair risk management, as mentioned in their marketing materials.
If a trader fails to meet the targets or breaches rules, they lose only the initial $5 fee, making it a risk-free assessment. Upon passing, traders pay the full challenge fee, which varies based on account size (e.g., a review mentioned a 1000€ fee for a 200k account, though exact fees aren’t publicly listed for all sizes). After passing and paying, traders receive a live funded account, enabling trading with real capital under market conditions, with no restrictions, as per their challenge page.
A notable incentive is the fee refund policy: after achieving three payouts, the entire challenge fee is refunded, maximizing return on investment, as detailed on the Atlas Access page. Payouts are processed swiftly, with profits withdrawable in as little as 7 days, and profit splits can reach up to 90%, making it highly competitive.
Benefits and Target Audience
The pay after you pass model offers several benefits, including minimized financial risk, allowing traders to focus on performance without the burden of upfront costs. It enhances accessibility, empowers traders with substantial capital and making funded trading viable for those with limited capital, and provides flexibility with no time limits and news trading options. This model is particularly suited for both novice traders looking to prove their skills without financial risk and experienced professionals seeking a flexible funding path.
Compared to traditional prop firms, which often require upfront fees ranging from $100 to $1,000+ and impose strict time limits, Atlas Access stands out. A comparison table highlights these differences:
Credibility and Community Support
Atlas Funded’s credibility is supported by their track record of providing over $10 million in funded capital during the pre-launch beta phase, as noted on their challenge page. Additionally, they have a 4-star rating on Trustpilot from over 300 reviews , indicating strong trader satisfaction. However, some reviews mention technical issues with platforms like MT5, suggesting potential areas for improvement in support responsiveness.
To address this, Atlas Funded offers a supportive community, encouraging traders to connect, share insights, and receive real-time updates and teach them the psychology of winning trades, as mentioned on their challenge pages. This community aspect is crucial for trader success, providing a network for learning and collaboration.
Success Stories and Market Position
While specific success stories aren’t publicly detailed on the website, the volume of funded capital provided ($10 million+) suggests many traders have successfully passed evaluations. The exclusivity of Atlas Access, limited to one attempt per trader, adds to its appeal, creating a sense of urgency and opportunity. Atlas Funded claims to be the only prop firm offering this pay after pass model, enhancing their market position as an innovator in the industry.
Frequently Asked Questions (FAQs)
.png)
.png)
.png)
.png){kind=logo}
