Challenge Comparison Tool

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

Phoenix Trader Funding Phoenix Trader Funding
PropShopTrader PropShopTrader
Phoenix Trader Funding 7.4 Get Started
PropShopTrader Get Started
Overview
Asset Type Futures Futures
Country United States Estonia
Established Aug 2023 Mar 2024
Technology Proprietary White-Label
Platforms NinjaTrader, Tradovate, Quantower, Atas, Volumetrica, Rithmic —
Trading Rules
Profit Split 80% Best 80/20 (Real Prop)
Daily Drawdown None on Classic/Spark evaluations; 25% Dynamic on Spark Direct $2K funded account Forge 25K: $625; Forge 50K: $1,250. Light: None (Day Trade), trailing drawdown applies.
Payout Frequency On-demand (within 48h)
Payouts processed within 48 hours from request to bank account via PayPal or Payoneer 		Automatic at Benchmarks 2-6 (Futures Forge), Signing Bonus at Real Prop (Stocks)
Forge sim payouts up to $6,250 (25K) / $12,000 (50K) across BM2-BM6. Stocks use Signing Bonus model on transition to Real Prop. 80/20 split with no payout caps post Real Prop.
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
  • Multi-asset (Stocks + Futures), 70% off FORGE launch promo, Tickblaze platform included ($198 value), real-time market data included, no monthly fees, 1-step Gladiator Forge with sim payouts starting at Benchmark 2, swing trading supported, free trade copier, no expiration windows.
Main Drawbacks
  • Trailing EOD drawdown can be restrictive; 50% consistency rule on Classic evaluation
  • 30% consistency rule for payouts (333% total profit vs largest single day), strict no-hedging policy, day-trade-only on Light intraday (closed by 4:45 PM EST), Forge requires fresh purchase (no reset path from Light), max 5 active Futures Intraday accounts.
Offers & Promo Codes
Active Offers
30% off every challenge but Merit Accounts PFMAP
No offers

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

PropShopTrader Challenges

14 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$750 $225
one-time (FORGE 70% off) 		$25K 1 Step P1: $1,000
 P1: $625
Daily Loss Limit
P1: $1,250 Trailing Drawdown
 80/20 at Real Prop None
$229
one-time 		$25K 1 Step P1: $325
 P1: —
None
P1: $1,250 Trailing Drawdown
 80/20 at Real Prop None
$295
one-time 		$25K 1 Step P1: $625 weekly
 P1: —
None
P1: $1,250 Trailing Drawdown
 80/20 at Real Prop None
$295
one-time 		$12.5K 1 Step P1: $500 weekly
 P1: —
None
P1: $1,250 Trailing Drawdown
 80/20 at Real Prop None
$299
one-time 		$25K 1 Step P1: $500
 P1: —
None
P1: $1,250 Trailing Drawdown
 80/20 at Real Prop None
$299
one-time 		$25K 1 Step P1: $325
 P1: —
None
P1: $1,225 Trailing Drawdown (EOD)
 80/20 at Real Prop None
$349
one-time 		$25K 1 Step P1: $500
 P1: —
None
P1: $1,125 Trailing Drawdown (EOD)
 80/20 at Real Prop None
$1200 $360
one-time (FORGE 70% off) 		$50K 1 Step P1: $2,000
 P1: $1,250
Daily Loss Limit
P1: $2,500 Trailing Drawdown
 80/20 at Real Prop None
$449
one-time 		$50K 1 Step P1: $625
 P1: —
None
P1: $2,500 Trailing Drawdown
 80/20 at Real Prop None
$499
one-time 		$50K 1 Step P1: $1,000
 P1: —
None
P1: $2,500 Trailing Drawdown
 80/20 at Real Prop None
$499
one-time 		$50K 1 Step P1: $625
 P1: —
None
P1: $2,250 Trailing Drawdown (EOD)
 80/20 at Real Prop None
$595
one-time 		$25K 1 Step P1: $1,000 weekly
 P1: —
None
P1: $2,500 Trailing Drawdown
 80/20 at Real Prop None
$595
one-time 		$50K 1 Step P1: $1,250 weekly
 P1: —
None
P1: $2,500 Trailing Drawdown
 80/20 at Real Prop None
$599
one-time 		$50K 1 Step P1: $1,000
 P1: —
None
P1: $2,250 Trailing Drawdown (EOD)
 80/20 at Real Prop None
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