Challenge Comparison Tool

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

Phoenix Trader Funding Phoenix Trader Funding
Redline Futures Funding Redline Futures Funding
Phoenix Trader Funding 6.8 Get Started
Redline Futures Funding 5.2 Get Started
Overview
Asset Type Futures Futures
Country France United States
Established Aug 2023 Jan 2024
Technology White-Label White-Label
Platforms Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts WealthCharts, DeepCharts
Trading Rules
Profit Split 90% Best 90/10
Daily Drawdown No standard daily loss limit. Classic and Spark use trailing EOD drawdown from highest balance. Merit accounts apply a 25% dynamic daily drawdown of starting balance. No daily loss limit on any style, eval or funded. Only the max drawdown applies: $1,000 / $2,000 / $3,500 / $5,000 by size - intraday trailing on Gas and Diesel, end-of-day trailing on Electric.
Payout Frequency Bi-Weekly Per cycle, on request
A payout may be requested once the funded account has 8 trading days and 6 winning days of $130 or more, counted by CME futures session rather than calendar date. Up to 50% of accumulated profit may be requested per cycle.
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
  • Three funded account programs: Classic (subscription-based, 90% profit split), Spark (lower-cost subscription with $29 one-time activation, all strategies allowed), and Merit (one-time $2K challenge with 50/80 profit split structure). No daily drawdown limit on Classic and Spark programs. Multiple platform choices including NinjaTrader, Tradovate, Rithmic, TradingView, Odin, Quantower, Atas, and Volumetrica. Bi-weekly payouts via PayPal and Payoneer.
  • One-time pricing with no monthly subscription. No daily loss limit on any style. No consistency rule to pass the evaluation. Flat 90/10 split from the first payout, no thresholds. 1-day minimum to pass. Three drawdown styles: Gas intraday trailing, Electric end-of-day, Diesel instant funded. CME-licensed dxFeed data with DeepCharts included free and WealthCharts at the same price. Published, itemised payout-conduct thresholds.
Main Drawbacks
  • Classic and Spark programs require ongoing monthly subscription fees that continue while subscribed. Spark accounts require a $29 one-time activation fee at signup. Trailing EOD drawdown on Classic and Spark tracks from highest account balance. Merit program limited to $2K account size with EdgeClear broker only.
  • No overnight or weekend holds - positions must be flat by session close. 25-day evaluation window. Approved payouts take up to 14 business days despite homepage "Instant payouts" copy. The homepage lifetime-payout counter reads $0 alongside 28 payout certificates. Automated trading banned. Accounts forfeited after 14 days without a placed trade. TrustPilot 3.5/5 across 35 reviews, several reporting payout delays.
Offers & Promo Codes
Active Offers
30% off every challenge but Merit Accounts PFMAP
10% off Spark accounts. Verified live on phoenixtraderfunding.com homepage 2026-06-07 ("10% OFF on Spark Accounts, Starting at $35! ... Use This Code At Checkout JUNE"). JUNE
30% off Classic accounts. Verified live on phoenixtraderfunding.com 2026-06-24 ("Odin got upgraded! Enjoy 30% OFF Classic Accounts! ... Use This Code At Checkout ODIN"). ODIN
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
monthly (+ $29 one-time activation fee) 		$25K Subscription P1: -
 P1: -
P1: $1,000 trailing drawdown (EOD)
 90% None
$69
monthly (+ $29 one-time activation fee) 		$50K Subscription P1: -
 P1: -
P1: $2,000 trailing drawdown (EOD)
 90% None
$69 $2K 1 Step P1: -
 P1: $500
25% dynamic daily drawdown of starting balance
P1: $2,000 static
 50% None
$89
monthly 		$25K Subscription P1: $1,500
 P1: -
P1: $1,500 trailing drawdown (EOD)
 90% None
$128
monthly 		$50K Subscription P1: $3,000
 P1: -
P1: $2,000 trailing drawdown (EOD)
 90% None
$269
monthly 		$100K Subscription P1: $6,000
 P1: -
P1: $3,000 trailing drawdown (EOD)
 90% None

Redline Futures Funding Challenges

15 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$47 $50K 1 Step P1: $2,750
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $2,000 (intraday trailing drawdown)
 90/10 $129
$79
$55 with code WEALTH (30% off) 		$25K 1 Step P1: $1,375
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $1,000 (end-of-day trailing drawdown)
 90/10 None
$95
$67 with code WEALTH (30% off) 		$50K 1 Step P1: $2,750
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $2,000 (end-of-day trailing drawdown)
 90/10 None
$97 $100K 1 Step P1: $5,500
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $3,500 (intraday trailing drawdown)
 90/10 $129
$99 $25K 1 Step P1: $1,375
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $1,000 (intraday trailing drawdown)
 90/10 None
$119 $50K 1 Step P1: $2,750
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $2,000 (intraday trailing drawdown)
 90/10 None
$137 $150K 1 Step P1: $8,250
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $5,000 (intraday trailing drawdown)
 90/10 $129
$190
$133 with code WEALTH (30% off) 		$100K 1 Step P1: $5,500
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $3,500 (end-of-day trailing drawdown)
 90/10 None
$197 $25K Instant P1: -
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $1,000 (intraday trailing drawdown)
 90/10 None
$238 $100K 1 Step P1: $5,500
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $3,500 (intraday trailing drawdown)
 90/10 None
$238
$167 with code WEALTH (30% off) 		$150K 1 Step P1: $8,250
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $5,000 (end-of-day trailing drawdown)
 90/10 None
$298 $150K 1 Step P1: $8,250
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $5,000 (intraday trailing drawdown)
 90/10 None
$327 $50K Instant P1: -
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $2,000 (intraday trailing drawdown)
 90/10 None
$427 $100K Instant P1: -
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $3,500 (intraday trailing drawdown)
 90/10 None
$527 $150K Instant P1: -
 P1: None
No daily loss limit on any Redline account style, evaluation or funded.
P1: $5,000 (intraday trailing drawdown)
 90/10 None
Phoenix Trader Funding
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Redline Futures Funding
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