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Challenge Comparison Tool

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

FXIFY Futures FXIFY Futures
Phoenix Trader Funding Phoenix Trader Funding
Overview
Asset Type Futures Futures
Country Ireland France
Established - Aug 2023
Technology Proprietary White-Label
Platforms Trading View, NinjaTrader, Tradovate Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts
Trading Rules
Profit Split 80% (Standard), 90% (Expert / Sim Live), up to 100% with checkout add-on 90% Best
Daily Drawdown Standard 2%, Expert 3%, Sim Live 2.5% of account balance (resets next day, soft breach) 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 Every 14 calendar days
Processed within 24-48 hours once eligibility is met
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
  • One-step evaluation plus Direct to Sim Live instant funding, EOD trailing drawdown, discounted unlimited resets, no time limit to pass, free level 1 data, tradeable on NinjaTrader/Tradovate/TradingView, payouts every 14 days processed in 24-48h
  • 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 billed until evaluation passed, Standard plan charges a $125 activation fee, trailing Maximum Loss Limit, tier-based payout release (60% to 100% over first 5 payouts), account-level payout caps, 30-day cooldown if a Sim Funded account is closed without qualifying for live transition
  • 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

FXIFY Futures Challenges

2 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$89
/month
$50K 1 Step P1: $3,000 (6%)
P1: $1,000 (2%)
Soft breach: account closed for rest of day, resets next day
P1: $2,000 (4%) EOD trailing Maximum Loss Limit
80% $125
$149
/month
$50K 1 Step P1: $3,500 (7%)
P1: $1,500 (3%)
Soft breach: account closed for rest of day, resets next day
P1: $2,500 (5%) EOD trailing Maximum Loss Limit
90% 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