Challenge Comparison Tool

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

FuturesElite FuturesElite
Phoenix Trader Funding Phoenix Trader Funding
FuturesElite 7.3 Get Started
Phoenix Trader Funding 6.7 Get Started
Overview
Asset Type Futures Futures
Country Italy France
Established Jun 2020 Aug 2023
Technology Proprietary White-Label
Platforms NinjaTrader, Tradovate, Quantower, Atas, Volumetrica, DeepDom, DeepCharts Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts
Trading Rules
Profit Split Up to 100% (90/10 split after per-payout caps) Best 90%
Daily Drawdown None (no daily loss limit on evaluation/instant accounts) 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 Bi-weekly
Average 24-hour payout processing time once approved. 		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
  • Up to 100% profit split, bi-weekly payouts within 24h, no daily loss limit on standard accounts, EOD trailing drawdown that locks at initial balance after first payout, multiple platforms (Tradovate, NinjaTrader, Quantower, ATAS, Volumetrica) plus proprietary DeepDom + DeepCharts tools, instant account option, customizable challenges, no minimum trading days on evaluation, no consistency rule during challenge phase on Prime plans.
  • 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
  • Italian SRLS micro-entity (not regulated by a financial authority — typical for prop firms), 40% consistency rule on Prime simulated funded stage, 20% consistency rule on Instant funded accounts, monthly recurring billing on evaluations, fully-automated AI/bot trading prohibited.
  • 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 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

FuturesElite Challenges

6 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$49
/month 		$50K 1 Step P1: -
 P1: -
$100 minimum daily profit to count as trading day
P1: $3,000 EOD Trailing (6%)
 100% (up to 90/10 after caps) None
$99
/month 		$50K 1 Step P1: -
 P1: -
$100 minimum daily profit to count as trading day
P1: EOD Trailing Drawdown
 100% (up to 90/10 after caps) None
$99
/month 		$100K 1 Step P1: -
 P1: -
$200 minimum daily profit to count as trading day
P1: $3,000 EOD Trailing (3%)
 100% (up to 90/10 after caps) None
$129
/month 		$150K 1 Step P1: -
 P1: -
$300 minimum daily profit to count as trading day
P1: EOD Trailing Drawdown
 100% (up to 90/10 after caps) None
$159
/month 		$100K 1 Step P1: -
 P1: -
$200 minimum daily profit to count as trading day
P1: EOD Trailing Drawdown
 100% (up to 90/10 after caps) None
$239
/month 		$150K 1 Step P1: -
 P1: -
$300 minimum daily profit to count as trading day
P1: EOD Trailing Drawdown
 100% (up to 90/10 after caps) 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
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