Challenge Comparison Tool

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

Firm 1

Phoenix Trader Funding

Firm 2 (optional)

City Traders Imperium

Firm 3 (optional)

	Phoenix Trader Funding 3.3 Get Started	City Traders Imperium 3.2 Get Started
Overview
Asset Type	Futures	CFD
Country	United States	United Arab Emirates
Established	Aug 2023	Jan 2018
Technology	Proprietary	White-Label
Platforms	NinjaTrader, Tradovate, Quantower, Rithmic	Match Trader, MT5
Trading Rules
Profit Split	80% (can scale higher) Best	80-100%
Daily Drawdown	None (Classic/Spark), 25% Dynamic (Merit)	None (1-Step), 5% (2-Step), varies by plan
Payout Frequency	Bi-weekly	On-demand (first after 14 days, then anytime)
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	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	On-demand payouts. Up to 100% profit split. No time limit on challenges.
Main Drawbacks	50% consistency rule on Classic eval, $149 activation on Classic, monthly billing	Originally London UK, now Dubai UAE. 3-Step challenges have low profit potential.
Offers & Promo Codes
Active Offers	30% off every challenge but Merit Accounts PFMAP	30% off all challenges APR30

Challenge Details

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

City Traders Imperium Challenges

23 challenges

Price	Account Size	Step	Profit Target	Max Daily Loss	Max Drawdown	Profit Split	Activation Fee
$39 $27 one-time	$2.5K	1 Step	P1: $200	P1: — None (balance-based drawdown only)	P1: $125	80% - 100%	None
$49 $34 one-time	$2.5K	2 Steps	P1: $250	P1: $125	P1: $250	80% - 100%	None
$59 $41 one-time	$5K	1 Step	P1: $400	P1: — None (balance-based drawdown only)	P1: $250	80% - 100%	None
$69 $48 one-time	$5K	2 Steps	P1: $500	P1: $250	P1: $500	80% - 100%	None
$89 $62 one-time	$2.5K	Instant	P1: $1,250	P1: — No Daily Drawdown	P1: $1,250	Up to 100%	None
$109 $76 one-time	$10K	1 Step	P1: $800	P1: — None (balance-based drawdown only)	P1: $500	80% - 100%	None
$139 $97 one-time	$10K	2 Steps	P1: $1,000	P1: $500	P1: $1,000	80% - 100%	None
$159 $111 one-time	$5K	Instant	P1: $2,500	P1: — No Daily Drawdown	P1: $2,500	Up to 100%	None
$199 $139 one-time	$25K	1 Step	P1: $2,000	P1: — None (balance-based drawdown only)	P1: $1,250	80% - 100%	None
$249 $174 one-time	$25K	2 Steps	P1: $2,500	P1: $1,250	P1: $2,500	80% - 100%	None
$309 $216 one-time	$10K	Instant	P1: $5,000	P1: — No Daily Drawdown	P1: $5,000	Up to 100%	None
$329 $263 one-time	$5K	Instant	P1: $5,000	P1: —	P1: $5,000	Up to 100%	None
$399 $280 one-time	$50K	1 Step	P1: $4,000	P1: — None (balance-based drawdown only)	P1: $2,500	80% - 100%	None
$449 $314 one-time	$50K	2 Steps	P1: $5,000	P1: $2,500	P1: $5,000	80% - 100%	None
$559 $391 one-time	$20K	Instant	P1: $10,000	P1: — No Daily Drawdown	P1: $10,000	Up to 100%	None
$589 $412 one-time	$100K	1 Step	P1: $8,000	P1: — None (balance-based drawdown only)	P1: $5,000	80% - 100%	None
$689 $482 one-time	$100K	2 Steps	P1: $10,000	P1: $5,000	P1: $10,000	80% - 100%	None
$659 $527 one-time	$10K	Instant	P1: $10,000	P1: —	P1: $10,000	Up to 100%	None
$1059 $741 one-time	$40K	Instant	P1: $20,000	P1: — No Daily Drawdown	P1: $20,000	Up to 100%	None
$1319 $1055 one-time	$20K	Instant	P1: $20,000	P1: —	P1: $20,000	Up to 100%	None
$1879 $1315 one-time	$80K	Instant	P1: $40,000	P1: — No Daily Drawdown	P1: $40,000	Up to 100%	None
$2639 $2111 one-time	$40K	Instant	P1: $40,000	P1: —	P1: $40,000	Up to 100%	None
$5279 $4223 one-time	$80K	Instant	P1: $80,000	P1: —	P1: $80,000	Up to 100%	None

Phoenix Trader Funding

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City Traders Imperium

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