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
Phoenix Trader Funding 6.8 Get Started
Tradeify 8.0 Get Started
Overview
Asset Type Futures Futures
Country France United States
Established Aug 2023 Jan 2022
Technology White-Label Proprietary
Platforms Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts NinjaTrader, Tradovate, Tradesea, WealthCharts
Trading Rules
Profit Split 90% Best 90% (100% on first $15K for Growth/Lightning)
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. EOD trailing drawdown. Growth has daily loss limits ($600-$3,000).
Payout Frequency Bi-Weekly Daily (Select Daily) or every 5 winning days (Select Flex), 7-day cycle others
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 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
  • 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.
  • 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)
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
Save $38 with code JUNE on Select $25K ($109 to $71). Verified 2026-06-06 on tradeify.co. JUNE

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

Tradeify Challenges

8 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$99
Stable list price. JULY code = 40% off (~$59 effective); see Offers/deals for current code. 		$25K 1 Step P1: $1,500
 P1: $600
P1: $1,000 EOD trailing
 90% None
$109
Stable list price. JULY code = 40% off (~$65 effective); see Offers/deals for current code. 		$25K 1 Step P1: $1,500
 P1: -
No daily loss limit during evaluation
P1: $1,000 EOD trailing
 90% None
$145
Stable list price. JULY code = 40% off (~$87 effective); see Offers/deals for current code. 		$50K 1 Step P1: $3,000
 P1: $1,250
P1: $2,000 EOD trailing
 90% None
$165
Stable list price. JULY code = 40% off (~$99 effective); see Offers/deals for current code. 		$50K 1 Step P1: $3,000
 P1: -
No daily loss limit during evaluation
P1: $2,000 EOD trailing
 90% None
$255
Stable list price. JULY code = 40% off (~$153 effective); see Offers/deals for current code. 		$100K 1 Step P1: $6,000
 P1: $2,500
P1: $3,500 EOD trailing
 90% None
$265
Stable list price. JULY code = 40% off (~$159 effective); see Offers/deals for current code. 		$100K 1 Step P1: $6,000
 P1: -
No daily loss limit during evaluation
P1: $3,000 EOD trailing
 90% None
$369
Stable list price. JULY code = 40% off (~$221 effective); see Offers/deals for current code. 		$150K 1 Step P1: $9,000
 P1: $3,750
P1: $5,000 EOD trailing
 90% None
$369
Stable list price. JULY code = 40% off (~$221 effective); see Offers/deals for current code. 		$150K 1 Step P1: $9,000
 P1: -
No daily loss limit during evaluation
P1: $4,500 EOD trailing
 90% None
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