ATFunded Chief Executive Officer Joshua Dentrinos has stepped down from his role at the proprietary trading subsidiary of global brokerage ATFX.
“When I joined ATFunded my job was setting up a solid foundation and strong reputation for the brand and do justice to the professional outfit that ATFX is, this task has been achieved and its time for ATFunded to reach the next level,” Dentrinos mentioned Thursday on X.
High Bar for Funded Status
Last July, ATFX named Dentrinos as the CEO of ATFunded. The appointment came as the prop firm revealed that only about 6% of its traders manage to earn funded accounts. The figures come from the firm’s last June performance data, offering insight into how many participants successfully progress through its evaluation process.
According to ATFunded, 22.6% of traders advanced from the first evaluation stage to Phase 2, and 26.9% of those in Phase 2 ultimately achieved funded trader status. Taken together, the results highlighted how challenging it is to reach the funding stage.
Keep reading: Prop Firm ATFunded Reports 6% of Traders Reached Funded Status in June Trading Data
Dentrinos said he would take a short break to focus on personal matters before announcing a new project he has been developing. He also confirmed his continued support for the ATFunded and ATFX teams, calling them “colleagues and friends.”
"A Break to Work on Personal Matters"
“On a personal note, I will be taking a break to work on some personal matters and then will be pursuing a project that I had put on hold over the last year which I am excited to announce sometime soon. I will always recommend traders to work with ATFunded and ATFX and cannot recommend them enough if you are looking to work with a professional outfit.”
ATFunded operates as the proprietary trading arm of ATFX, offering traders evaluation programs and funding opportunities. The company has recently expanded its global presence in line with the broader growth strategy of ATFX.
ATFX is a highly regulated broker with licenses in key jurisdictions, including the United Kingdom, Australia, Cyprus, South Africa, the United Arab Emirates, Hong Kong, Mauritius and Seychelles. It also has a broad global footprint across multiple regions.
