Challenge Comparison Tool

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Phoenix Trader Funding Phoenix Trader Funding
TradeFundrr TradeFundrr
Phoenix Trader Funding 6.8 Get Started
TradeFundrr 4.4 Get Started
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 Trading View, NinjaTrader, Tradovate, DXTrade, Quantower, TradeFundrr Trader
Trading Rules
Profit Split 90% Best 80/20
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. $1,000 on Futures Growth Plus 50K, Futures Express 50K, Stocks Growth, Stocks Express, Options Growth and Options Express 25K; $1,500 on Futures Growth Plus 100K; $2,000 on Futures Express 100K; $500 on Options Express 10k; no daily loss limit on any crypto program
Payout Frequency Bi-Weekly Weekly
'Weekly payouts every Friday' (homepage and /pages/about). The /pages/faq answer to 'How often are payouts processed?' is 'Weekly.' The futures programs state payouts are paid weekly on Fridays via Rise. One TrustPilot reviewer (18 June 2026) reports the request must be submitted by Wednesday to land on the Friday cycle; that cadence detail is not published on the firm's own pages and is recorded here as a trader report only.
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.
  • Four asset classes on one program (stocks, options, futures and crypto) where most US competitors are futures-only. 80/20 profit split with weekly payouts every Friday, paid through Rise. The trailing max drawdown is calculated end-of-day and locks at the starting balance once the first payout is taken, rather than trailing indefinitely. Express plans are direct-to-funded with no evaluation, carry a soft daily-loss breach that pauses the session instead of closing the account, and have their signup fee rebated in full on the first qualifying payout. Every rule and price is published before purchase, and the futures and options pages carry complete parameter tables. Futures Growth Plus charges no activation fee and no monthly fee.
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.
  • Entry cost is high relative to futures-only rivals, and most plans carry a recurring platform and data fee ($99/mo on stocks and options, $29/mo on futures Express, $5/mo on crypto) that is explicitly NOT covered by the rebate. Growth plans are not rebate-eligible at all. Every account carries a lifetime payout cap ($15,000 to $25,000 depending on plan) after which the account is closed. Funded accounts are simulated; TradeFundrr is not a broker-dealer and the SEC/FINRA/SIPC registrations it cites belong to T3 Trading Group, a separate entity that the firm states traders do NOT graduate to. Refunds are not offered except where fraudulent activity is involved. The comparison table on the homepage and /pages/compare states an entry range of '$399 Growth / $899 to $1,999 Express' that no live product page matches; it is dated 2026-07-17 and is stale. A 2-star TrustPilot reviewer (3 May 2026) alleges the drawdown amount was changed without notice to existing users, and several reviewers report SPX and index options being unavailable for a period.
Offers & Promo Codes
Active Offers
30% off every challenge but Merit Accounts
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").
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").
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

TradeFundrr Challenges

13 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$199 $50K 1 Step P1: $4,000
 P1: -
No daily loss limit on the crypto programs.
P1: $3,000
 80 / 20 $129
$330 $50K 1 Step P1: $3,000
 P1: $1,000
Hard breach: a single daily-loss-limit hit ends the evaluation and you reset to retry.
P1: $2,000
 80 / 20 $0
$399 $25K 2 Steps P1: $1,250
P2: $1,250
 P1: $1,000
Hard breach on the $1,000 daily loss limit. The firm publishes a single $1,250 profit target for this program and no per-stage split, so both stages carry the published figure.
P2: $1,000
Hard breach on the $1,000 daily loss limit. The firm publishes a single $1,250 profit target for this program and no per-stage split, so both stages carry the published figure.
P1: $3,000
P2: $3,000
 80 / 20 $149
$399 $100K 2 Steps P1: $1,250
P2: $1,250
 P1: $1,000
Hard breach: hitting the daily loss limit ends the account for that evaluation. The firm publishes one profit target, $1,250, and one maximum drawdown, $3,000, that it states apply across all Growth and Express accounts. It does NOT publish a per-stage split for the 2-stage Growth evaluation, so both stages carry the published figures rather than an invented breakdown.
P2: $1,000
Hard breach: hitting the daily loss limit ends the account for that evaluation. The firm publishes one profit target, $1,250, and one maximum drawdown, $3,000, that it states apply across all Growth and Express accounts. It does NOT publish a per-stage split for the 2-stage Growth evaluation, so both stages carry the published figures rather than an invented breakdown.
P1: $3,000
P2: $3,000
 80 / 20 $149
$499 $100K 1 Step P1: $6,000
 P1: -
No daily loss limit on the crypto programs.
P1: $6,000
 80 / 20 $129
$530 $100K 1 Step P1: $6,000
 P1: $1,500
Hard breach: a single daily-loss-limit hit ends the evaluation and you reset to retry.
P1: $6,000
 80 / 20 $0
$999 $10K Instant P1: $625
 P1: $500
Soft breach: hitting the daily loss limit pauses the session, not the account.
P1: $1,500
 80 / 20 None
$999 $50K Instant P1: N/A
 P1: $1,000
Soft breach on Express: the first daily-loss-limit hit pauses the day and a second closes the account. One warning per Express account, ever.
P1: $3,000
 80 / 20 None
$999 $50K Instant P1: -
 P1: -
No daily loss limit on the crypto programs.
P1: $3,000
 80 / 20 None
$1499 $25K Instant P1: $1,250
 P1: $1,000
Soft breach: hitting the daily loss limit pauses the session, not the account.
P1: $3,000
 80 / 20 None
$1499 $100K Instant P1: $1,250
 P1: $1,000
Soft breach: hitting the daily loss limit pauses the session for the day, not the account, assuming maximum drawdown remains.
P1: $3,000
 80 / 20 None
$1999 $100K Instant P1: N/A
 P1: $2,000
Soft breach on Express: the first daily-loss-limit hit pauses the day and a second closes the account. One warning per Express account, ever.
P1: $6,000
 80 / 20 None
$1999 $100K Instant P1: -
 P1: -
No daily loss limit on the crypto programs.
P1: $6,000
 80 / 20 None
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