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Challenge Comparison Tool

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

Phoenix Trader Funding Phoenix Trader Funding
Funding Pips Funding Pips
Overview
Asset Type Futures CFD
Country France United Arab Emirates
Established Aug 2023 Jan 2022
Technology Proprietary Proprietary
Platforms R | Trader Pro, Quantower, Atas, MotiveWave, Bookmap, Investor/RT, Jigsaw, MultiCharts, Sierra Chart, Trade Navigator, Phoenix Instant Logger cTrader, Match Trader, MT5, TradeLocker
Trading Rules
Profit Split 80% (can scale higher) Best 60-100%
Daily Drawdown None (Classic/Spark), 25% Dynamic (Merit) Varies: 3-5% daily, 5-10% max
Payout Frequency Bi-weekly
Minimum $500, activation fee $149 refunded on first payout
Weekly (Tuesday)
On demand : 45% 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
  • 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
  • Lots of payment methods & Platforms. Well made payout rules
Main Drawbacks
  • 50% consistency rule on Classic eval, $149 activation on Classic, monthly billing
  • A splippage sometimes higher than it should be
Offers & Promo Codes
Active Offers
30% off every challenge but Merit Accounts PFMAP
20% off first challenge HELLO
20% off all challenges 2C14A034
25% off all challenges FP

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 80% $$29
$69
/month
$25K Instant 80% $$0
$69
/month
$50K Instant 80% $$29
$89
/month
$25K Instant 80% $$0
$128
/month
$50K Instant 80% $$0
$269
/month
$100K Instant 80% $$0

Funding Pips Challenges

20 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$29
2-Step Pro
$5K 2 Steps P1: 6%
P1: 3%
P1: 6%
60-100% None
$36
2-Step
$5K 2 Steps P1: 8% / 5%
P1: 5%
P1: 10%
60-100% None
$55
2-Step Pro
$10K 2 Steps P1: 6%
P1: 3%
P1: 6%
60-100% None
$59
1-Step
$5K 1 Step P1: 10%
P1: 4%
P1: 6%
60-100% None
$66
2-Step
$10K 2 Steps P1: 8% / 5%
P1: 5%
P1: 10%
60-100% None
$69
Zero
$5K Instant P1: None
P1: 3%
P1: 5%
95% None
$99
Zero
$10K Instant P1: None
P1: 3%
P1: 5%
95% None
$99
1-Step
$10K 1 Step P1: 10%
P1: 4%
P1: 6%
60-100% None
$109
2-Step Pro
$25K 2 Steps P1: 6%
P1: 3%
P1: 6%
60-100% None
$156
2-Step
$25K 2 Steps P1: 8% / 5%
P1: 5%
P1: 10%
60-100% None
$199
Zero
$25K Instant P1: None
P1: 3%
P1: 5%
95% None
$199
1-Step
$25K 1 Step P1: 10%
P1: 4%
P1: 6%
60-100% None
$219
2-Step Pro
$50K 2 Steps P1: 6%
P1: 3%
P1: 6%
60-100% None
$289
2-Step
$50K 2 Steps P1: 8% / 5%
P1: 5%
P1: 10%
60-100% None
$299
Zero
$50K Instant P1: None
P1: 3%
P1: 5%
95% None
$319
1-Step
$50K 1 Step P1: 10%
P1: 4%
P1: 6%
60-100% None
$399
2-Step Pro
$100K 2 Steps P1: 6%
P1: 3%
P1: 6%
60-100% None
$499
Zero
$100K Instant P1: None
P1: 3%
P1: 5%
95% None
$529
2-Step
$100K 2 Steps P1: 8% / 5%
P1: 5%
P1: 10%
60-100% None
$555
1-Step
$100K 1 Step P1: 10%
P1: 4%
P1: 6%
60-100% None