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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
Rev One Trading Rev One Trading
Overview
Asset Type Futures Futures
Country France United States
Established Aug 2023 -
Technology White-Label White-Label
Platforms Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts Blackarrow
Trading Rules
Profit Split 90% Best 90% baseline, up to 94.5%
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. None (no daily loss limit)
Payout Frequency Bi-Weekly On-demand (any day after eligibility met)
Up to 5 payouts per account; account terminates after the 5th payout. Cycle gate: 1% profit per cycle, 5 trading days at 0.50% each.
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.
  • 1-Step evaluation, $0 activation fee, no daily loss limit, no time limit, scalping/news trading/automated systems/weekend holding all allowed, up to 94.5% profit split via grade system, on-demand payouts via Rise (190+ countries), 40% launch promo, BlackArrow platform with server-side stops
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.
  • Monthly subscription during evaluation (not one-time), max 5 payouts per account then terminates, $5/round-trip commission on full contracts, 7-day inactivity hard breach, only 5 plan sizes ($25K-$150K), TrustPilot 1.8 with multiple scam complaints about payout denials and rule changes
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

Rev One Trading Challenges

5 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$149 $89
/month (launch promo 40% off)
$25K 1 Step P1: 6%
P1: -
None (no daily loss limit)
P1: 3% EOD trailing MLL on HWM, locks at start + $100 (evaluation); 8% EOD trailing on HWM funded with 3% buffer zone
90% baseline, up to 94.5% None
$180 $108
/month (launch promo 40% off)
$50K 1 Step P1: 6%
P1: -
None (no daily loss limit)
P1: 3% EOD trailing MLL on HWM, locks at start + $100 (evaluation); 8% EOD trailing on HWM funded with 3% buffer zone
90% baseline, up to 94.5% None
$269 $161
/month (launch promo 40% off)
$75K 1 Step P1: 6%
P1: -
None (no daily loss limit)
P1: 3% EOD trailing MLL on HWM, locks at start + $100 (evaluation); 8% EOD trailing on HWM funded with 3% buffer zone
90% baseline, up to 94.5% None
$299 $179
/month (launch promo 40% off)
$100K 1 Step P1: 6%
P1: -
None (no daily loss limit)
P1: 3% EOD trailing MLL on HWM, locks at start + $100 (evaluation); 8% EOD trailing on HWM funded with 3% buffer zone
90% baseline, up to 94.5% None
$399 $239
/month (launch promo 40% off)
$150K 1 Step P1: 6%
P1: -
None (no daily loss limit)
P1: 3% EOD trailing MLL on HWM, locks at start + $100 (evaluation); 8% EOD trailing on HWM funded with 3% buffer zone
90% baseline, up to 94.5% None