Challenge Comparison Tool

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

Phidias Prop Firm Phidias Prop Firm
Phoenix Trader Funding Phoenix Trader Funding
Phidias Prop Firm 2.6 Get Started
Phoenix Trader Funding 3.3 Get Started
Overview
Asset Type Futures Futures
Country Gibraltar United States
Established Jan 2023 Aug 2023
Technology Proprietary Proprietary
Platforms R | Trader Pro, Quantower, Atas, MotiveWave, Bookmap, Jigsaw, Sierra Chart NinjaTrader, Tradovate, Quantower, Rithmic
Trading Rules
Profit Split 80% Best 80% (can scale higher)
Daily Drawdown EOD trailing, no daily loss limit None (Classic/Spark), 25% Dynamic (Merit)
Payout Frequency Every 10 days 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
  • Live futures trading from day one, no daily loss limit, EOD drawdown, fast 10-day payouts, affordable monthly pricing starting at $54
  • 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
  • Monthly subscription model, limited to futures only, smaller platform selection, TrustPilot has polarized reviews (68% 5-star, 25% 1-star)
  • 50% consistency rule on Classic eval, $149 activation on Classic, monthly billing
Offers & Promo Codes
Active Offers
60% off all evaluation accounts TAKEOFF99
30% off every challenge but Merit Accounts PFMAP

Challenge Details

Phidias Prop Firm Challenges

7 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$21
Drawdown Challenge ($10K) 		$10K 1 Step P1: 100% (max drawdown challenge)
 P1: None
P1: 100% ($10K)
 80% None
$54
Fundamental (monthly) 		$50K 1 Step P1: 8%
 P1: None
P1: 5% EOD trailing
 80% None
$86
Fundamental (monthly) 		$100K 1 Step P1: 6%
 P1: None
P1: 3% EOD trailing
 80% None
$88
Static (monthly, direct live access) 		$25K Instant P1: None (instant funded)
 P1: None
P1: Static drawdown
 80% None
$110
Swing (monthly, overnight allowed) 		$50K 1 Step P1: 8%
 P1: None
P1: 5% EOD trailing
 80% None
$165
Swing (monthly, overnight allowed) 		$100K 1 Step P1: 6%
 P1: None
P1: 3% EOD trailing
 80% None
$570
Swing 150K (monthly) 		$150K 1 Step P1: 6%
 P1: None
P1: 3% EOD trailing
 80% 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 Instant P1: $1,500
 P1: —
None
P1: $1,000 EOD
 80% $29
$69
one-time 		$25K Instant P1: —
 P1: 25% Dynamic
Dynamic based on highest balance
P1: $2,000 Static
 80% None
$69
/month 		$50K Instant P1: $3,000
 P1: —
None
P1: $2,000 EOD
 80% $29
$89
/month 		$25K Instant P1: $1,500
 P1: —
None
P1: $1,500 EOD Trailing
 80% None
$128
/month 		$50K Instant P1: $3,000
 P1: —
None
P1: $2,000 EOD Trailing
 80% None
$269
/month 		$100K Instant P1: $6,000
 P1: —
None
P1: $3,000 EOD Trailing
 80% None
Phidias Prop Firm
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Phoenix Trader Funding
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