Challenge Comparison Tool

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Phoenix Trader Funding Phoenix Trader Funding
Top One Futures Top One Futures
Phoenix Trader Funding 6.8 Get Started
Top One Futures 7.8 Get Started
Overview
Asset Type Futures Futures
Country France United States
Established Aug 2023 Apr 2025
Technology White-Label White-Label
Platforms Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts NinjaTrader, Tradovate
Trading Rules
Profit Split 90% Best 90%
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. Varies by program — End-of-Day trailing on Elite/Daily/Access/Ignite; Intraday on S2F Sim PRO. See per-challenge daily_loss_limit.
Payout Frequency Bi-Weekly Daily (Elite Daily), Bi-weekly (Elite Challenge & Access)
Elite Daily: payouts every 24 hours once funded ($500 min). Elite Access & Challenge: standard payout cycles. 90/10 trader/firm split across all programs.
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.
  • Six distinct programs (Elite Challenge/Daily/Access, Instant Sim Funded, S2F Sim PRO, IGNITE Instant Funding); 90% profit split across all programs; daily payouts on Elite Daily once funded ($500 min); 1-day min on Elite Challenge; no consistency rule on Elite Daily funded accounts; no activation fee on Elite Daily; Tradovate + NinjaTrader supported; account sizes $25K–$150K; 5 max accounts per trader; TrustPilot 4.8/5 across 4,039 reviews.
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.
  • Trailing drawdown across all evaluation programs (EOD on most, Intraday on S2F Sim PRO); consistency rules on Challenge (25%), Instant Sim Funded (20%), IGNITE (15%); monthly subscription billing on Elite Challenge/Daily (not one-time); $500 minimum payout; max payout per request capped ($750 on $25K, $1,500 on $100K Elite Daily); 50% payout-progression rule after first payout; required buffer remains in account ($1,500–$3,000 by size); newer firm launched April 2025.
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

Top One Futures Challenges

23 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$178 $39 $25K Instant P1: $1,500
 P1: -
P1: $1,000 EOD trailing
 90% $35
$218 $39 $50K Instant P1: $3,000
 P1: -
P1: $2,000 EOD trailing
 90% $35
$259 $39 $100K Instant P1: $6,000
 P1: -
P1: $3,000 EOD trailing
 90% $35
$359 $39 $150K Instant P1: $9,000
 P1: -
P1: $4,000 EOD trailing
 90% $35
$69 $41 $25K 1 Step P1: $1,500
 P1: $625
P1: $1,000 EOD trailing
 90% $149
$105 $63 $50K 1 Step P1: $3,000
 P1: $1,250
P1: $2,000 EOD trailing
 90% $149
$178 $107 $25K Instant P1: $1,500
 P1: $500
P1: $1,000 Max Loss Limit (EOD)
 90% None
$209 $125 $100K 1 Step P1: $6,000
 P1: $2,500
P1: $3,000 EOD trailing
 90% $149
$218 $131 $25K Instant P1: -
 P1: $500
P1: $1,000 EOD trailing
 90% None
$218 $131 $50K Instant P1: $3,000
 P1: $1,000
P1: $2,000 Max Loss Limit (EOD)
 90% None
$257 $154 $25K Instant P1: -
 P1: $500
P1: $1,000 Intraday trailing
 90% None
$309 $185 $150K 1 Step P1: $9,000
 P1: $3,750
P1: $4,500 EOD trailing
 90% $149
$419 $210 $25K Instant P1: -
 P1: $625
P1: $1,000 EOD trailing
 90% None
$398 $239 $50K Instant P1: -
 P1: $1,000
P1: $2,000 EOD trailing
 90% None
$398 $239 $100K Instant P1: $6,000
 P1: $1,250
P1: $3,000 Max Loss Limit (EOD)
 90% None
$421 $253 $50K Instant P1: -
 P1: $1,000
P1: $1,625 Intraday trailing
 90% None
$563 $338 $100K Instant P1: -
 P1: $2,000
P1: $3,000 EOD trailing
 90% None
$679 $340 $50K Instant P1: -
 P1: $1,250
P1: $2,000 EOD trailing
 90% None
$632 $379 $100K Instant P1: -
 P1: $2,000
P1: $3,250 Intraday trailing
 90% None
$821 $411 $100K Instant P1: -
 P1: $2,500
P1: $3,000 EOD trailing
 90% None
$727 $436 $150K Instant P1: -
 P1: $3,000
P1: $5,000 Intraday trailing
 90% None
$939 $470 $150K Instant P1: -
 P1: $3,750
P1: $4,500 EOD trailing
 90% None
$799 $479 $150K Instant P1: -
 P1: $3,000
P1: $4,500 EOD trailing
 90% None
Phoenix Trader Funding
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Top One Futures
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