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Challenge Comparison Tool

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

Funded Futures Network Funded Futures Network
Phoenix Trader Funding Phoenix Trader Funding
Overview
Asset Type Futures Futures
Country United States France
Established - Aug 2023
Technology Proprietary White-Label
Platforms Rithmic Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts
Trading Rules
Profit Split 80% to trader (80/20 split; 90/10 on Live Funded Pro) 90% Best
Daily Drawdown Intraday trailing (EOT model): $1,500 ($25K), $2,000 ($50K), $3,600 ($100K), $5,000 ($150K), $6,000 ($250K); drawdown updates after each closed trade, not on open positions 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 Same Day Bi-Weekly
Direct Path to Funded ✓ Yes ✓ Yes
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • Same-day payouts within 24 hours via ACH, PayPal, or bank wire; proprietary Onyx browser-based platform included (plus Quantower FundX license); no activation fee on MAX accounts after passing; assigned personal risk manager; 1-on-1 personalized onboarding call; in-business since 2022; copy trading allowed up to 5 accounts; $100 reset fee option; 14,000+ funded accounts; 10-second average human support response time.
  • 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
  • Futures trading only (CME/CBOT/COMEX/NYMEX); no overnight holding (positions must close by 4:50 PM EST weekdays and weekends); T1 news events prohibited in Exhibition/Funded phases; $120 activation fee after passing evaluation (for OG accounts); $126/month data fees in funded phase; consistency rule of 40% (Standard) or 25% (Express); $500 minimum payout; $10,000 cumulative max payout per cycle (Sim Funded); hedging not allowed.
  • 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
40% off all evaluations SOPF
35% off all FFN challenges. Verified via FFN affiliate email Apr 26 2026. 35FFN
50% off all challenges - from FFN affiliate email May 2026 (code: 50FFN) 50FFN
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

Funded Futures Network Challenges

5 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$135
One-Time (Standard MAX)
$25K 1 Step P1: $2,000
P1: -
No Daily Loss Limit
P1: $1,500 Intraday Trailing Realized
80% None
$160
One-Time (Standard MAX)
$50K 1 Step P1: $3,000
P1: -
No Daily Loss Limit
P1: $2,000 Intraday Trailing Realized
80% None
$315
One-Time (Standard MAX)
$100K 1 Step P1: $6,000
P1: -
No Daily Loss Limit
P1: $3,600 Intraday Trailing Realized
80% None
$365
One-Time (Standard MAX)
$150K 1 Step P1: $9,000
P1: -
No Daily Loss Limit
P1: $5,000 Intraday Trailing Realized
80% None
$590
One-Time (Standard MAX)
$250K 1 Step P1: $15,000
P1: -
No Daily Loss Limit
P1: $6,000 Intraday Trailing Realized
80% 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