Challenge Comparison Tool

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

Phoenix Trader Funding Phoenix Trader Funding
Alpha Futures Alpha Futures
Phoenix Trader Funding 7.4 Get Started
Alpha Futures 7.9 Get Started
Overview
Asset Type Futures Futures
Country United States United Kingdom
Established Aug 2023 Jul 2024
Technology Proprietary Proprietary
Platforms NinjaTrader, Tradovate, Quantower, Atas, Volumetrica, Rithmic AlphaTicks
Trading Rules
Profit Split 80% Best 70% to 90%
Daily Drawdown None on Classic/Spark evaluations; 25% Dynamic on Spark Direct $2K funded account 4% trailing from EOD balance (MLL)
Payout Frequency On-demand (within 48h)
Payouts processed within 48 hours from request to bank account via PayPal or Payoneer 		Every 14 days (Standard) / Weekly (Advanced/Zero)
40% Consistency Rule
Direct Path to Funded ✓ Yes ✗ No
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 accounts; free monthly reset coupon; proprietary Odin platform; PayPal/Payoneer payouts within 48h; unlimited free practice accounts
  • AlphaTicks platform with TradingView charts, 4.9 TrustPilot (3,465 reviews), spinoff of Alpha Capital Group, 90% profit split on Advanced/Zero plans, weekly payouts, up to 5 qualified accounts on Zero (3 on Standard/Advanced)
Main Drawbacks
  • Trailing EOD drawdown can be restrictive; 50% consistency rule on Classic evaluation
  • Standard plan starts at only 70% split, $15K max per payout, consistency rule 50%/40%, news restricted on funded accounts
Offers & Promo Codes
Active Offers
30% off every challenge but Merit Accounts PFMAP
10% off all plans TRUSTED

Challenge Details

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

Alpha Futures Challenges

3 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$79 $63.20
MONTHLY 		$50K 1 Step P1: $3000
 P1: $1000
(DAILY PAUSE, FUNDED ONLY)
P1: $2000 EOD
 70% to 90% $149
$159 $127.20
MONTHLY 		$100K 1 Step P1: $3000
 P1: $2000
(DAILY PAUSE, FUNDED ONLY)
P1: $6000
 70% to 90% $149
$239 $191.20
MONTHLY 		$150K 1 Step P1: $3000
 P1: $2000
(DAILY PAUSE, FUNDED ONLY)
P1: $6000
 70% to 90% $149
Phoenix Trader Funding
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Alpha Futures
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