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 7.4 Get Started
Tradeify 8.2 Get Started
Overview
Asset Type Futures Futures
Country United States United States
Established Aug 2023 Jan 2022
Technology Proprietary Proprietary
Platforms Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Rithmic NinjaTrader, Tradovate, Tradesea, WealthCharts
Trading Rules
Profit Split 90% (Classic/Spark), 80% (Merit) Best 90% (100% on first $15K for Growth/Lightning)
Daily Drawdown None on Classic/Spark evaluations; 25% Dynamic on Merit $2K funded account 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
  • No daily drawdown on Classic/Spark accounts; Phoenix Ecosystem tools included; NinjaTrader/Tradovate/Rithmic platforms; PayPal/Payoneer payouts
  • 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
  • Trailing EOD drawdown can be restrictive; 50% consistency rule on Classic evaluation; $29 activation fee on Spark
  • 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
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
/month 		$25K 1 Step P1: $1,500
 P1: -
None
P1: $1,000 EOD Trailing
 90% $29
$69
/month 		$50K 1 Step P1: $3,000
 P1: -
None
P1: $2,000 EOD Trailing
 90% $29
$69
one-time 		$2K Instant P1: -
 P1: 25% Dynamic
Dynamic based on highest balance
P1: $2,000 Static
 80% None
$89
/month 		$25K 1 Step P1: $1,500
 P1: -
None
P1: $1,500 EOD Trailing
 90% None
$128
/month 		$50K 1 Step P1: $3,000
 P1: -
None
P1: $2,000 EOD Trailing
 90% None
$269
/month 		$100K 1 Step P1: $6,000
 P1: -
None
P1: $3,000 EOD Trailing
 90% None

Tradeify Challenges

8 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$65 $25K 1 Step P1: $1,500
 P1: -
No daily loss limit during evaluation
P1: $1,000 EOD trailing
 90% None
$99 $50K 1 Step P1: -
 P1: -
No daily loss limit during evaluation
P1: EOD trailing drawdown
 90% None
$99 $50K 1 Step P1: -
 P1: -
No daily loss limit during evaluation
P1: EOD trailing drawdown
 90% None
$65 $109 $25K 1 Step P1: -
 P1: -
No daily loss limit during evaluation
P1: EOD trailing drawdown
 90% None
$159 $100K 1 Step P1: -
 P1: -
No daily loss limit during evaluation
P1: EOD trailing drawdown
 90% None
$159 $100K 1 Step P1: -
 P1: -
No daily loss limit during evaluation
P1: EOD trailing drawdown
 90% None
$221 $150K 1 Step P1: -
 P1: -
No daily loss limit during evaluation
P1: EOD trailing drawdown
 90% None
$221 $150K 1 Step P1: -
 P1: -
No daily loss limit during evaluation
P1: EOD trailing drawdown
 90% None
Phoenix Trader Funding
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Tradeify
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