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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
Tradeify Tradeify
Overview
Asset Type Futures Futures
Country France United States
Established Aug 2023 Jan 2022
Technology Proprietary Proprietary
Platforms R | Trader Pro, Quantower, Atas, MotiveWave, Bookmap, Investor/RT, Jigsaw, MultiCharts, Sierra Chart, Trade Navigator, Phoenix Instant Logger Trading View, NinjaTrader, Tradovate, Rithmic, Tradesea
Trading Rules
Profit Split 80% (can scale higher) 90% (100% on first $15K for Growth/Lightning) Best
Daily Drawdown None (Classic/Spark), 25% Dynamic (Merit) EOD trailing drawdown. Growth has daily loss limits ($600-$3,000).
Payout Frequency Bi-weekly
Minimum $500, activation fee $149 refunded on first payout
Daily (Select Daily) or every 5 winning days (Select Flex), 7-day cycle others
Via Rise or Plane. Select Daily caps: $600-$2500/day. Select Flex caps: $3K-$5K.
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
  • 3 categories (Classic/Spark/Merit), no daily drawdown on Classic/Spark, no activation fee on Spark/Merit, 1 min trading day on Spark/Merit, Phoenix Ecosystem tools included
  • One-time fees (no subscriptions), payouts under 60 minutes via Rise, daily payout option (Select Daily), no consistency rule during evaluation, EOD trailing drawdown, instant funding (Lightning), algo/bot trading allowed, news trading allowed, path to live capital (Elite Live), up to 5 funded accounts (50K combined)
Main Drawbacks
  • 50% consistency rule on Classic eval, $149 activation on Classic, monthly billing
  • 90% profit split with no path to 100%, microscalping rule (50% trades >10 sec), no overnight positions, consistency rules on funded (35% Growth), futures only, relatively new (2024), limited platforms (Tradovate + TradeSea)
Offers & Promo Codes
Active Offers
30% off every challenge but Merit Accounts PFMAP
40% off all Growth, Select, and Lightning plans DASH

Challenge Details

Phoenix Trader Funding Challenges

6 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$39
/month
$25K Instant 80% $$29
$69
/month
$25K Instant 80% $$0
$69
/month
$50K Instant 80% $$29
$89
/month
$25K Instant 80% $$0
$128
/month
$50K Instant 80% $$0
$269
/month
$100K Instant 80% $$0

Tradeify Challenges

12 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$99
one-time
$25K 1 Step 100% first $15K, then 90% $$0
$109
one-time
$25K 1 Step 90% $$0
$149
one-time
$25K Instant 100% first $15K, then 90% $$0
$149
one-time
$50K 1 Step 100% first $15K, then 90% $$0
$159
one-time
$50K 1 Step 90% $$0
$249
one-time
$50K Instant 100% first $15K, then 90% $$0
$249
one-time
$100K 1 Step 100% first $15K, then 90% $$0
$259
one-time
$100K 1 Step 90% $$0
$349
one-time
$150K 1 Step 100% first $15K, then 90% $$0
$359
one-time
$150K 1 Step 90% $$0
$399
one-time
$100K Instant 100% first $15K, then 90% $$0
$549
one-time
$150K Instant 100% first $15K, then 90% $$0