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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
Overview
Asset Type Futures Futures
Country Italy United States
Established Jun 2020 Aug 2023
Technology Proprietary Proprietary
Platforms NinjaTrader, Tradovate, Quantower, Atas, Volumetrica, DeepDom, DeepCharts NinjaTrader, Tradovate, Quantower, Atas, Volumetrica, Rithmic
Trading Rules
Profit Split Up to 100% (90/10 split after per-payout caps) Best 80%
Daily Drawdown None (no daily loss limit on evaluation/instant accounts) None on Classic/Spark evaluations; 25% Dynamic on Spark Direct $2K funded account
Payout Frequency Bi-weekly
Average 24-hour payout processing time once approved.
On-demand (within 48h)
Payouts processed within 48 hours from request to bank account via PayPal or Payoneer
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.
  • No daily drawdown on Classic accounts; free monthly reset coupon; proprietary Odin platform; PayPal/Payoneer payouts within 48h; unlimited free practice accounts
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.
  • Trailing EOD drawdown can be restrictive; 50% consistency rule on Classic evaluation
Offers & Promo Codes
Active Offers No offers
30% off every challenge but Merit Accounts PFMAP

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 $25K 1 Step P1: $1,500
P1: —
No daily drawdown limit
P1: $1,000 trailing EOD
90% $29
$69 $50K 1 Step P1: $3,000
P1: —
No daily drawdown limit
P1: $2,000 trailing EOD
90% $29
$69 $2K Instant P1: —
P1: 25% Dynamic
25% dynamic daily drawdown on $2K account
P1: $2,000 static
80% None
$89 $25K 1 Step P1: $1,500
P1: —
No daily drawdown limit
P1: $1,500 trailing EOD
80% None
$128 $50K 1 Step P1: $3,000
P1: —
No daily drawdown limit
P1: $2,000 trailing EOD
80% None
$269 $100K 1 Step P1: $6,000
P1: —
No daily drawdown limit
P1: $3,000 trailing EOD
80% None