ATFunded vs The Concept Trading - Prop Firm Comparison
Published: · Last updated:
Introduction
When comparing prop trading firms, ATFunded and The Concept Trading each offer distinct paths to funded trading. ATFunded is UAE (ATFX-backed)-based, founded in 2025, and is known for ATFX-backed institutional backing, Low entry from $25. It holds a Not yet rated Trustpilot rating. The Concept Trading, based in Maroochydore, Queensland, Australia, was founded in 2021 and stands out for No daily loss limit – static drawdown only, ASIC-regulated structure (Vested Equities AFSL), holding a 4.6/5 (443 reviews) Trustpilot rating. Both firms provide paths to funded accounts, but their evaluation structures, pricing, and trader benefits differ in key ways that may suit different trader profiles.
Quick Facts
| Feature | ATFunded | The Concept Trading |
|---|---|---|
| 
| |
| Founded | 2025-01 | 2021 |
| Profit Split | 80% (2-Phase from day 1); 50-80% (Pro Program) | 50% all levels except top (90%) |
| Maximum Account Size | $200,000 | $5,000,000 |
| Evaluation Phases | 2-Phase Challenge or Pro Program (1-step) | — |
| Trustpilot Rating | — | 4.7 |
| Expert Grade | 7 | 9.1 |
Program Types
| Program | ATFunded | The Concept Trading |
|---|---|---|
| Entry Level Program | 2-Phase Challenge | AUD 65 |
| Advanced Program | Pro Program | AUD 19997 |
| Scaling Options | Yes | Yes |
| Demo Account | Yes | Yes |
Rules & Assessment
| Criteria | ATFunded | The Concept Trading |
|---|---|---|
| Profit Target | 8% Phase 1, 5% Phase 2 (2-Phase); 10% (Pro) | 6-10% |
| Maximum Drawdown | 10% (2-Phase); Trailing (Pro) | 3-10% static |
| Minimum Trading Days | — | — |
| News Trading | Yes | Yes |
Fees & Pricing
| Option | ATFunded | The Concept Trading |
|---|---|---|
| $10K Account | $50 | AUD 997 |
| $25K Account | $99 | AUD 2497 |
| $50K Account | $149 | — |
| $100K Account | $249 | — |
| $200K Account | $499 | AUD 19997 |
| Refund Policy | Fee refunded after 3rd payout | No |
| Coupons / Discount | ATFunded discount | The Concept Trading discount |
Platforms & Markets
| Feature | ATFunded | The Concept Trading |
|---|---|---|
| Trading Platforms | MT5 | MetaTrader 5, TradeLocker |
| Forex | Yes | Yes |
| Stocks | Yes | — |
| Indices | — | — |
| Commodities | — | — |
| Cryptocurrencies | Yes | Yes |
| Bonds | — | — |
| EA/Algo Trading | Yes | Yes |
Payout
| Feature | ATFunded | The Concept Trading |
|---|---|---|
| Payout Terms | Bank Transfer, Cryptocurrency, ATFX Brokerage Account transfer; bi-weekly processing; 3-5 business days | Once per calendar month (Bank transfer, Crypto, Revolut, PayPal) |
| See all prop firm payouts → | ||
Verdict
| Key Element | ATFunded | The Concept Trading |
|---|---|---|
| Strengths | ATFX-backed regulation adds credibility, Fees from $25, 80% split from day one (2-Phase), No time limits on evaluation, EAs and automation permitted, Same-day payout processing reported | Static drawdown, no daily drawdown, permissive rules, EAs/HFT allowed, low entry fees |
| Weaknesses | MT5 only, Very new firm (January 2025), Pro Program starts at 50% split, No weekend crypto trading, Max 5 trades per symbol limit, Only 65+ Trustpilot reviews, Daily drawdown on balance not equity | Misleading 90% marketing, one payout/month only, 30-day invoice deadline, capped profits, new discretionary clause |
| Best For | Traders seeking low-cost entry with high profit splits and EA support | Long-term scalers seeking trading freedom, not monthly income seekers |
FAQ
What makes ATFunded stand out among prop firms?
ATFunded, based in UAE (ATFX-backed), was founded in 2025 and is best known for atfx-backed institutional backing, low entry from $25. With a minimum evaluation cost of $25 and a 80% profit split, it offers a developing value proposition for traders who want atfx-backed funding.
How does The Concept Trading differ from other prop firms?
The Concept Trading, based in Maroochydore, Queensland, Australia and founded in 2021, differentiates itself through No daily loss limit – static drawdown only, ASIC-regulated structure (Vested Equities AFSL). With a 50–90% profit split and 1-Step (Traditional/Premier/Empire/Xtreme), 2-Step (Foundation), Instant evaluation, it is particularly suited to traders who want maximum rule simplicity and huge scaling.
Which firm offers better payouts – ATFunded or The Concept Trading?
ATFunded offers a 80% profit split with Bi-weekly payouts processed in 1-3 days. The Concept Trading offers a 50–90% profit split with Weekly (top-level / 90% Lock Rule); per-level otherwise payouts in 24-48 hours. The better choice depends on whether you prioritise split percentage or payout frequency.
Are these prop firms suitable for beginners?
Both firms can accommodate beginners, but with different considerations. ATFunded is best suited to Traders who want ATFX-backed funding, while The Concept Trading is better aligned with traders who want maximum rule simplicity and huge scaling. New traders should start with the smallest available account size and thoroughly review all rules before committing.
What happens if I fail the evaluation at either firm?
Most prop firms allow traders to purchase a reset to restart their evaluation phase, typically at 40-50% of the original fee. Neither firm penalises future attempts based on previous failures. Check each firm’s official site for current reset pricing and terms.
How was this Comparison Created?
1. We Collect
Our research team gathered data directly from the official websites, terms of service documents, and public communications of both ATFunded and The Concept Trading. We supplemented this with verified user reviews on Trustpilot and trading community forums, and consulted active traders with first-hand experience at each firm.
2. We Examine
Our team of professional traders verified all information, cross-checking accuracy against each firm’s current platform, evaluation parameters, and pricing pages. Special attention was paid to profit split structures, drawdown rules, and payout conditions to ensure our assessment reflects the real trader experience.
3. We Score
We apply a scoring methodology across seven key categories: evaluation structure, trading conditions, costs and fees, platform quality, profit potential, customer support, and educational resources. Each category is weighted by importance to traders at different experience levels.
4. You Choose
This comparison is designed to help you identify which firm better aligns with your trading style, experience level, and goals. Consider your priorities – evaluation flexibility, profit split, platform preference, and firm track record – then visit each firm’s full review on JoinProp for the complete picture. Read the ATFunded review or read the The Concept Trading review to go deeper.
View More Elite Prop Firms Compared: The Trading Pit vs The5ers
