Skip to main content

Challenge Comparison Tool

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

Ment Funding Ment Funding
Phoenix Trader Funding Phoenix Trader Funding
Overview
Asset Type CFD Futures
Country United States United States
Established Oct 2021 Aug 2023
Technology White-Label Proprietary
Platforms DXTrade, cTrader, Match Trader, MT5, MT4 Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Rithmic
Trading Rules
Profit Split 75% to 90% 90% (Classic/Spark), 80% (Merit) Best
Daily Drawdown 5% EOD None on Classic/Spark evaluations; 25% Dynamic on Merit $2K funded account
Payout Frequency - 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 -
  • No daily drawdown on Classic/Spark accounts; Phoenix Ecosystem tools included; NinjaTrader/Tradovate/Rithmic platforms; PayPal/Payoneer payouts
Main Drawbacks -
  • Trailing EOD drawdown can be restrictive; 50% consistency rule on Classic evaluation; $29 activation fee on Spark
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

Challenge Details

Ment Funding Challenges

6 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$250 $25K 1 Step P1: 10%
P1: 5%
P1: 6%
75% to 90% None
$450 $50K 1 Step P1: 10%
P1: 5%
P1: 6%
75% to 90% None
$750 $100K 1 Step P1: 10%
P1: 5%
P1: 6%
75% to 90% None
$1500 $200K 1 Step P1: 10%
P1: 5%
P1: 6%
75% to 90% None
$3000 $400K 1 Step P1: 10%
P1: 5%
P1: 6%
75% to 90% None
$8600 $1M 1 Step P1: 10%
P1: 5%
P1: 6%
75% to 90% None

Phoenix Trader Funding Challenges

6 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$39
/month
$25K 1 Step P1: $1,500
P1: -
None
P1: $1,000 EOD Trailing
90% $29
$69
/month
$50K 1 Step P1: $3,000
P1: -
None
P1: $2,000 EOD Trailing
90% $29
$69
one-time
$2K Instant P1: -
P1: 25% Dynamic
Dynamic based on highest balance
P1: $2,000 Static
80% None
$89
/month
$25K 1 Step P1: $1,500
P1: -
None
P1: $1,500 EOD Trailing
90% None
$128
/month
$50K 1 Step P1: $3,000
P1: -
None
P1: $2,000 EOD Trailing
90% None
$269
/month
$100K 1 Step P1: $6,000
P1: -
None
P1: $3,000 EOD Trailing
90% None