Challenge Comparison Tool

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Phoenix Trader Funding Phoenix Trader Funding
Tradentry Tradentry
Phoenix Trader Funding 6.7 Get Started
Tradentry 5.3 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 Quantower, Atas, Rithmic
Trading Rules
Profit Split 90% Best 80% (sim funded) scaling to 90% (live funded)
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 (50K) / $2,000 (100K) / $3,000 (150K) daily loss limit
Payout Frequency Bi-Weekly On demand
Request payouts from the dashboard after 5 winning days (min $200 net P&L each, non-consecutive) with a positive balance.
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.
  • Complete trading freedom: no strategy restrictions, no scaling limits, no news trading restrictions, no weekly loss limits. End-of-Day drawdown only (no trailing drawdown). Profit split starts at 80% and scales to 90% on live funded accounts. No recurring monthly fees once funded.
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.
  • Monthly subscription fee during evaluation ($59-$199/month) that auto-renews until you pass. Daily Consistency Rate (DCR) must be 50% or lower to qualify for funding. Payout is capped at 50% of profit and $5,000 per payout. Plan type (No-Activation-Fee vs With-Activation-Fee) is final and cannot be switched later.
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

Tradentry Challenges

3 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$89
Monthly subscription, No-Activation-Fee plan ($0 activation once funded). With-Activation-Fee plan is $59/month with a one-time $149 activation once funded. 		$50K 1 Step P1: $3,000
 P1: $1,000 (Daily Loss Limit)
P1: $2,000 (End-of-Day drawdown)
 80% (sim) scaling to 90% (live) None
$139
Monthly subscription, No-Activation-Fee plan ($0 activation once funded). With-Activation-Fee plan is $99/month with a one-time $149 activation once funded. 		$100K 1 Step P1: $6,000
 P1: $2,000 (Daily Loss Limit)
P1: $3,000 (End-of-Day drawdown)
 80% (sim) scaling to 90% (live) None
$199
Monthly subscription, No-Activation-Fee plan ($0 activation once funded). With-Activation-Fee plan is $149/month with a one-time $149 activation once funded. 		$150K 1 Step P1: $9,000
 P1: $3,000 (Daily Loss Limit)
P1: $4,500 (End-of-Day drawdown)
 80% (sim) scaling to 90% (live) None
Phoenix Trader Funding
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Tradentry
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