Challenge Comparison Tool

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

Firm 1

Funding Pips

Firm 2 (optional)

Phoenix Trader Funding

Firm 3 (optional)

	Funding Pips 2.9 Get Started	Phoenix Trader Funding 3.3 Get Started
Overview
Asset Type	CFD	Futures
Country	United Arab Emirates	France
Established	Jan 2022	Aug 2023
Technology	Proprietary	Proprietary
Platforms	cTrader, Match Trader, MT5, TradeLocker	R \| Trader Pro, Quantower, Atas, MotiveWave, Bookmap, Investor/RT, Jigsaw, MultiCharts, Sierra Chart, Trade Navigator, Phoenix Instant Logger
Trading Rules
Profit Split	60-100%	80% (can scale higher) Best
Daily Drawdown	Varies: 3-5% daily, 5-10% max	None (Classic/Spark), 25% Dynamic (Merit)
Payout Frequency	Weekly (Tuesday) On demand : 45% consistency rule	Bi-weekly Minimum $500, activation fee $149 refunded on first payout
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	Lots of payment methods & Platforms. Well made payout rules	3 categories (Classic/Spark/Merit), no daily drawdown on Classic/Spark, no activation fee on Spark/Merit, 1 min trading day on Spark/Merit, Phoenix Ecosystem tools included
Main Drawbacks	A splippage sometimes higher than it should be	50% consistency rule on Classic eval, $149 activation on Classic, monthly billing
Offers & Promo Codes
Active Offers	20% off first challenge HELLO 20% off all challenges 2C14A034 25% off all challenges FP	30% off every challenge but Merit Accounts PFMAP

20 challenges

Price	Account Size	Step	Profit Target	Max Daily Loss	Max Drawdown	Profit Split	Activation Fee
$29 2-Step Pro	$5K	2 Steps	P1: 6%	P1: 3%	P1: 6%	60-100%	None
$36 2-Step	$5K	2 Steps	P1: 8% / 5%	P1: 5%	P1: 10%	60-100%	None
$55 2-Step Pro	$10K	2 Steps	P1: 6%	P1: 3%	P1: 6%	60-100%	None
$59 1-Step	$5K	1 Step	P1: 10%	P1: 4%	P1: 6%	60-100%	None
$66 2-Step	$10K	2 Steps	P1: 8% / 5%	P1: 5%	P1: 10%	60-100%	None
$69 Zero	$5K	Instant	P1: None	P1: 3%	P1: 5%	95%	None
$99 Zero	$10K	Instant	P1: None	P1: 3%	P1: 5%	95%	None
$99 1-Step	$10K	1 Step	P1: 10%	P1: 4%	P1: 6%	60-100%	None
$109 2-Step Pro	$25K	2 Steps	P1: 6%	P1: 3%	P1: 6%	60-100%	None
$156 2-Step	$25K	2 Steps	P1: 8% / 5%	P1: 5%	P1: 10%	60-100%	None
$199 Zero	$25K	Instant	P1: None	P1: 3%	P1: 5%	95%	None
$199 1-Step	$25K	1 Step	P1: 10%	P1: 4%	P1: 6%	60-100%	None
$219 2-Step Pro	$50K	2 Steps	P1: 6%	P1: 3%	P1: 6%	60-100%	None
$289 2-Step	$50K	2 Steps	P1: 8% / 5%	P1: 5%	P1: 10%	60-100%	None
$299 Zero	$50K	Instant	P1: None	P1: 3%	P1: 5%	95%	None
$319 1-Step	$50K	1 Step	P1: 10%	P1: 4%	P1: 6%	60-100%	None
$399 2-Step Pro	$100K	2 Steps	P1: 6%	P1: 3%	P1: 6%	60-100%	None
$499 Zero	$100K	Instant	P1: None	P1: 3%	P1: 5%	95%	None
$529 2-Step	$100K	2 Steps	P1: 8% / 5%	P1: 5%	P1: 10%	60-100%	None
$555 1-Step	$100K	1 Step	P1: 10%	P1: 4%	P1: 6%	60-100%	None

6 challenges

Price	Account Size	Step	Profit Target	Max Daily Loss	Max Drawdown	Profit Split	Activation Fee
$39 /month	$25K	Instant	—	—	—	80%	$$29
$69 /month	$25K	Instant	—	—	—	80%	$$0
$69 /month	$50K	Instant	—	—	—	80%	$$29
$89 /month	$25K	Instant	—	—	—	80%	$$0
$128 /month	$50K	Instant	—	—	—	80%	$$0
$269 /month	$100K	Instant	—	—	—	80%	$$0