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Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

Cointracts Cointracts
Phoenix Trader Funding Phoenix Trader Funding
Overview
Asset Type Crypto Futures
Country United Arab Emirates France
Established Jan 2025 Aug 2023
Technology Proprietary White-Label
Platforms Proprietary Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts
Trading Rules
Profit Split Up to 90% Best 90%
Daily Drawdown 1-Step: 4%; 2-Step: 5% No standard daily loss limit. Classic and Spark use trailing EOD drawdown from highest balance. Merit accounts apply a 25% dynamic daily drawdown of starting balance.
Payout Frequency Daily
First withdrawal eligible after 14 trading days; subsequent payouts on-demand, typically processed within 24 hours. Payouts in USDT (ERC20/TRC20) or fiat.
Bi-Weekly
Direct Path to Funded ✗ No ✓ Yes
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • Crypto-futures specialist with up to 90% profit split, daily on-demand payouts (typically within 24 hours), no-KYC funded accounts from $2K to $100K, two challenge paths (1-Step and 2-Step), unlimited trading time (no deadlines), 24/7 trading access, USDT or fiat payouts, active Discord community, current promo codes start20 (20% off 1-Step), grow10 (10% off 2-Step), STEP10 (10% off 1-Step), plus Buy 1 Get 1 Free promotion.
  • Three funded account programs: Classic (subscription-based, 90% profit split), Spark (lower-cost subscription with $29 one-time activation, all strategies allowed), and Merit (one-time $2K challenge with 50/80 profit split structure). No daily drawdown limit on Classic and Spark programs. Multiple platform choices including NinjaTrader, Tradovate, Rithmic, TradingView, Odin, Quantower, Atas, and Volumetrica. Bi-weekly payouts via PayPal and Payoneer.
Main Drawbacks
  • Newer firm launched 2025 with only 80 TrustPilot reviews (3.8/5), low max leverage 1:5 compared to crypto-native platforms offering 20-100x, max total drawdown is overall (no trailing option), 30-day inactivity rule may close accounts, FAQ section states 80% profit split while homepage advertises up to 90% (inconsistency to monitor), TrustPilot flagged 'this company may be associated with high-risk investments', no publicly verified business registry filing found, founders' personal LinkedIn profiles published but not corroborated against UAE business registry.
  • Classic and Spark programs require ongoing monthly subscription fees that continue while subscribed. Spark accounts require a $29 one-time activation fee at signup. Trailing EOD drawdown on Classic and Spark tracks from highest account balance. Merit program limited to $2K account size with EdgeClear broker only.
Offers & Promo Codes
Active Offers
20% OFF on 1-Step (Start Challenge) accounts start20
10% OFF on 2-Step (Grow Challenge) accounts grow10
10% off 1-Step Challenge STEP10
30% off every challenge but Merit Accounts PFMAP
10% off Spark accounts. Verified live on phoenixtraderfunding.com homepage 2026-06-07 ("10% OFF on Spark Accounts, Starting at $35! ... Use This Code At Checkout JUNE"). JUNE
30% off Classic accounts. Verified live on phoenixtraderfunding.com 2026-06-24 ("Odin got upgraded! Enjoy 30% OFF Classic Accounts! ... Use This Code At Checkout ODIN"). ODIN

Challenge Details

Cointracts Challenges

12 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$24.9 $2K 2 Steps P1: $160 (8%)
P2: $100 (5%)
P1: $100 (5%)
P2: $100 (5%)
P1: $200 (10%)
P2: $200 (10%)
Up to 90% None
$32.9 $2K 1 Step P1: $200 (10%)
P1: $80 (4%)
P1: $120 (6%)
Up to 90% None
$69 $5K 2 Steps P1: $400 (8%)
P2: $250 (5%)
P1: $250 (5%)
P2: $250 (5%)
P1: $500 (10%)
P2: $500 (10%)
Up to 90% None
$89 $10K 2 Steps P1: $800 (8%)
P2: $500 (5%)
P1: $500 (5%)
P2: $500 (5%)
P1: $1,000 (10%)
P2: $1,000 (10%)
Up to 90% None
$89 $5K 1 Step P1: $500 (10%)
P1: $200 (4%)
P1: $300 (6%)
Up to 90% None
$119 $10K 1 Step P1: $1,000 (10%)
P1: $400 (4%)
P1: $600 (6%)
Up to 90% None
$229 $25K 2 Steps P1: $2,000 (8%)
P2: $1,250 (5%)
P1: $1,250 (5%)
P2: $1,250 (5%)
P1: $2,500 (10%)
P2: $2,500 (10%)
Up to 90% None
$279 $25K 1 Step P1: $2,500 (10%)
P1: $1,000 (4%)
P1: $1,500 (6%)
Up to 90% None
$399 $50K 2 Steps P1: $4,000 (8%)
P2: $2,500 (5%)
P1: $2,500 (5%)
P2: $2,500 (5%)
P1: $5,000 (10%)
P2: $5,000 (10%)
Up to 90% None
$469 $50K 1 Step P1: $5,000 (10%)
P1: $2,000 (4%)
P1: $3,000 (6%)
Up to 90% None
$639 $100K 2 Steps P1: $8,000 (8%)
P2: $5,000 (5%)
P1: $5,000 (5%)
P2: $5,000 (5%)
P1: $10,000 (10%)
P2: $10,000 (10%)
Up to 90% None
$799 $100K 1 Step P1: $10,000 (10%)
P1: $4,000 (4%)
P1: $6,000 (6%)
Up to 90% None

Phoenix Trader Funding Challenges

6 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$39
monthly (+ $29 one-time activation fee)
$25K Subscription P1: -
P1: -
P1: $1,000 trailing drawdown (EOD)
90% None
$69
monthly (+ $29 one-time activation fee)
$50K Subscription P1: -
P1: -
P1: $2,000 trailing drawdown (EOD)
90% None
$69 $2K 1 Step P1: -
P1: $500
25% dynamic daily drawdown of starting balance
P1: $2,000 static
50% None
$89
monthly
$25K Subscription P1: $1,500
P1: -
P1: $1,500 trailing drawdown (EOD)
90% None
$128
monthly
$50K Subscription P1: $3,000
P1: -
P1: $2,000 trailing drawdown (EOD)
90% None
$269
monthly
$100K Subscription P1: $6,000
P1: -
P1: $3,000 trailing drawdown (EOD)
90% None