Challenge Comparison Tool

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

Funded Futures Family Funded Futures Family
Phoenix Trader Funding Phoenix Trader Funding
Funded Futures Family 7.1 Get Started
Phoenix Trader Funding 7.4 Get Started
Overview
Asset Type Futures Futures
Country United States United States
Established Jan 2024 Aug 2023
Technology Proprietary Proprietary
Platforms Tradovate, WealthCharts Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Rithmic
Trading Rules
Profit Split 100% on first $10,000, then 90% Best 90% (Classic/Spark), 80% (Merit)
Daily Drawdown None (no daily loss limit; max drawdown is End-of-Day trailing on PRIME, with intraday-trailing options on other plans) None on Classic/Spark evaluations; 25% Dynamic on Merit $2K funded account
Payout Frequency On demand
Payout eligible after 7 winning trading days (min $200 profit each) and a 40% consistency rule; funds within 24 hours of approval 		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
  • Keep 100% of the first $10,000 in payouts then 90% beyond, no daily loss limit, evaluation passable in as little as one trading day on the PRIME plan, no consistency rule on the PRIME evaluation, account scaling, funded-account reset option, WealthCharts and Tradovate platforms, simulated buying power up to $150,000, payouts processed within 24 hours of approval
  • No daily drawdown on Classic/Spark accounts; Phoenix Ecosystem tools included; NinjaTrader/Tradovate/Rithmic platforms; PayPal/Payoneer payouts
Main Drawbacks
  • Monthly subscription pricing (recurring per-month fee until funded), 40% lifetime consistency rule on funded accounts, evaluation and funded-account reset fees apply, simulated funded accounts (US sim-funded model, unregulated), platform choice limited to WealthCharts and Tradovate
  • Trailing EOD drawdown can be restrictive; 50% consistency rule on Classic evaluation; $29 activation fee on Spark
Offers & Promo Codes
Active Offers No offers
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

Challenge Details

Funded Futures Family Challenges

4 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$129 $91
per month (subscription until funded) 		$25K 1 Step P1: $1,250
 P1: None
No daily loss limit
P1: $1,000 (End-of-Day)
 100% on first $10,000, then 90% None
$179 $126
per month (subscription until funded) 		$50K 1 Step P1: $3,000
 P1: None
No daily loss limit
P1: $2,000 (End-of-Day)
 100% on first $10,000, then 90% None
$279 $196
per month (subscription until funded) 		$100K 1 Step P1: $6,000
 P1: None
No daily loss limit
P1: $3,000 (End-of-Day)
 100% on first $10,000, then 90% None
$365 $256
per month (subscription until funded) 		$150K 1 Step P1: $9,000
 P1: None
No daily loss limit
P1: $4,500 (End-of-Day)
 100% on first $10,000, then 90% None

Phoenix Trader Funding Challenges

6 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$39
/month 		$25K 1 Step P1: $1,500
 P1: -
None
P1: $1,000 EOD Trailing
 90% $29
$69
/month 		$50K 1 Step P1: $3,000
 P1: -
None
P1: $2,000 EOD Trailing
 90% $29
$69
one-time 		$2K Instant P1: -
 P1: 25% Dynamic
Dynamic based on highest balance
P1: $2,000 Static
 80% None
$89
/month 		$25K 1 Step P1: $1,500
 P1: -
None
P1: $1,500 EOD Trailing
 90% None
$128
/month 		$50K 1 Step P1: $3,000
 P1: -
None
P1: $2,000 EOD Trailing
 90% None
$269
/month 		$100K 1 Step P1: $6,000
 P1: -
None
P1: $3,000 EOD Trailing
 90% None
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