Brokerage group ATFX is planning on launching a new prop trading offering.
The new product will be launched under the ATFX ‘umbrella’ and linked to the brokerage group’s wider activities.
ATFX currently has licenses across the globe, including in the UK, Cyprus, South Africa, Australia, Hong Kong, and the UAE.
“Our vision for this new trading company extends beyond a mere funding platform,” said ATFX Chairman Joe Li. “We are committed to building a comprehensive system that not only provides traders with the capital they require but also integrates them into a trusted and secure ecosystem. This level of support and reliability is unmatched in the industry.”
In a statement, ATFX said that the new offering will be aimed at both existing, experienced traders and those that are new to the market.
The company also noted that successful traders will be encouraged to share their successful trading strategies with other traders. They can then earn extra income from the people that invest in or copy those strategies.
“Launching this service represents a crucial milestone, enabled by the steadfast support of ATFX’s global trading community,” added Li. “Our mission is to provide an exceptional online trading experience, empowering both seasoned professionals and those new to trading to succeed in the competitive trading landscape.”
ATFX is the latest in a string of brokers to launch a prop offering. IC Markets, Hantec Markets, and OANDA are just some of the firms that have launched a prop offering over the last 18 months.