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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
Overview
Asset Type Futures Futures
Country United States France
Established Jan 2024 Aug 2023
Technology Proprietary White-Label
Platforms Tradovate, WealthCharts Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts
Trading Rules
Profit Split 100% on first $10,000, then 90% Best 90%
Daily Drawdown None (no daily loss limit; max drawdown is End-of-Day trailing on PRIME, with intraday-trailing options on other plans) 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 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
  • 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
  • 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
  • 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 No offers
30% off every challenge but Merit Accounts
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").
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").

Challenge Details

Funded Futures Family Challenges

20 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$79
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $16/month when checked 2026-08-11, but that promo is countdown-limited
$25K 1 Step P1: $2,500
P1: None
No daily loss limit on any plan
P1: $1,250 (Intraday Trailing Drawdown)
100% on first $10,000, then 90% Unknown
$89
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $53/month when checked 2026-08-11, but that promo is countdown-limited
$25K 1 Step P1: $1,500
P1: None
No daily loss limit on any plan
P1: $1,000 (Intraday Trailing)
100% on first $10,000, then 90% Unknown
$119
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $71/month when checked 2026-08-11, but that promo is countdown-limited
$25K 1 Step P1: $1,500
P1: None
No daily loss limit on any plan
P1: $750 (End Of Day)
100% on first $10,000, then 90% Unknown
$119
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $71/month when checked 2026-08-11, but that promo is countdown-limited
$50K 1 Step P1: $3,000
P1: None
No daily loss limit on any plan
P1: $2,000 (Intraday Trailing)
100% on first $10,000, then 90% Unknown
$125
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $25/month when checked 2026-08-11, but that promo is countdown-limited
$50K 1 Step P1: $4,000
P1: None
No daily loss limit on any plan
P1: $2,250 (Intraday Trailing Drawdown)
100% on first $10,000, then 90% Unknown
$129
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $77/month when checked 2026-08-11, but that promo is countdown-limited
$25K 1 Step P1: $1,250
P1: None
No daily loss limit on any plan
P1: $1,000 (End-of-Day)
100% on first $10,000, then 90% Unknown
$159
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $95/month when checked 2026-08-11, but that promo is countdown-limited
$50K 1 Step P1: $3,000
P1: None
No daily loss limit on any plan
P1: $1,500 (End Of Day)
100% on first $10,000, then 90% Unknown
$179
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $107/month when checked 2026-08-11, but that promo is countdown-limited
$50K 1 Step P1: $3,000
P1: None
No daily loss limit on any plan
P1: $2,000 (End-of-Day)
100% on first $10,000, then 90% Unknown
$189
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $113/month when checked 2026-08-11, but that promo is countdown-limited
$100K 1 Step P1: $6,000
P1: None
No daily loss limit on any plan
P1: $3,000 (Intraday Trailing)
100% on first $10,000, then 90% Unknown
$225
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $45/month when checked 2026-08-11, but that promo is countdown-limited
$100K 1 Step P1: $7,000
P1: None
No daily loss limit on any plan
P1: $3,250 (Intraday Trailing Drawdown)
100% on first $10,000, then 90% Unknown
$249
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $149/month when checked 2026-08-11, but that promo is countdown-limited
$100K 1 Step P1: $6,000
P1: None
No daily loss limit on any plan
P1: $2,500 (End Of Day)
100% on first $10,000, then 90% Unknown
$259
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $155/month when checked 2026-08-11, but that promo is countdown-limited
$150K 1 Step P1: $9,000
P1: None
No daily loss limit on any plan
P1: $4,500 (Intraday Trailing)
100% on first $10,000, then 90% Unknown
$279
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $167/month when checked 2026-08-11, but that promo is countdown-limited
$100K 1 Step P1: $6,000
P1: None
No daily loss limit on any plan
P1: $3,000 (End-of-Day)
100% on first $10,000, then 90% Unknown
$325
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $65/month when checked 2026-08-11, but that promo is countdown-limited
$150K 1 Step P1: $10,000
P1: None
No daily loss limit on any plan
P1: $4,750 (Intraday Trailing Drawdown)
100% on first $10,000, then 90% Unknown
$329
one-time fee
$25K Instant P1: -
P1: None
No daily loss limit on any plan
P1: $1,000 (End Of Day)
100% on first $10,000, then 90% Unknown
$365
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $219/month when checked 2026-08-11, but that promo is countdown-limited
$150K 1 Step P1: $9,000
P1: None
No daily loss limit on any plan
P1: $4,500 (End-of-Day)
100% on first $10,000, then 90% Unknown
$459
per month (subscription until funded); list price. A site-wide 40% new-user discount (coupon FIRST50) was displaying $275/month when checked 2026-08-11, but that promo is countdown-limited
$150K 1 Step P1: $9,000
P1: None
No daily loss limit on any plan
P1: $4,000 (End Of Day)
100% on first $10,000, then 90% Unknown
$469
one-time fee
$50K Instant P1: -
P1: None
No daily loss limit on any plan
P1: $2,000 (End Of Day)
100% on first $10,000, then 90% Unknown
$629
one-time fee
$100K Instant P1: -
P1: None
No daily loss limit on any plan
P1: $3,000 (End Of Day)
100% on first $10,000, then 90% Unknown
$734
one-time fee
$150K Instant P1: -
P1: None
No daily loss limit on any plan
P1: $4,500 (End Of Day)
100% on first $10,000, then 90% Unknown

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% Unknown
$69
monthly (+ $29 one-time activation fee)
$50K Subscription P1: -
P1: -
P1: $2,000 trailing drawdown (EOD)
90% Unknown
$69 $2K 1 Step P1: -
P1: $500
25% dynamic daily drawdown of starting balance
P1: $2,000 static
50% Unknown
$89
monthly
$25K Subscription P1: $1,500
P1: -
P1: $1,500 trailing drawdown (EOD)
90% Unknown
$128
monthly
$50K Subscription P1: $3,000
P1: -
P1: $2,000 trailing drawdown (EOD)
90% Unknown
$269
monthly
$100K Subscription P1: $6,000
P1: -
P1: $3,000 trailing drawdown (EOD)
90% Unknown