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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
Traders Launch Traders Launch
Overview
Asset Type Futures Futures
Country France United States
Established Aug 2023 Jan 2023
Technology Proprietary White-Label
Platforms R | Trader Pro, Quantower, Atas, MotiveWave, Bookmap, Investor/RT, Jigsaw, MultiCharts, Sierra Chart, Trade Navigator, Phoenix Instant Logger Trading View, Quantower, Volumetrica
Trading Rules
Profit Split 80% (can scale higher) Best 55% - 80%
Daily Drawdown None (Classic/Spark), 25% Dynamic (Merit) EOD only — no intraday trailing. Locks at starting balance.
Payout Frequency Bi-weekly
Minimum $500, activation fee $149 refunded on first payout
Same-day (daily), ~6 hour processing
1% buffer, 40% consistency rule
Direct Path to Funded ✓ Yes ✓ Yes
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
  • An attractive payment policy and a wide choice of brokers for Live Funding, No Daily Drawdown
Main Drawbacks
  • 50% consistency rule on Classic eval, $149 activation on Classic, monthly billing
  • Lack of plateforms, Tight drawdown
Offers & Promo Codes
Active Offers
30% off every challenge but Merit Accounts PFMAP
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
/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

Traders Launch Challenges

3 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$49
Monthly subscription
$100K 1 Step P1: $2,000
P1: EOD only (no intraday)
Locks at starting balance
P1: $1,000 EOD
55% or 80% None
$74
Monthly subscription
$200K 1 Step P1: $4,000
P1: EOD only (no intraday)
Locks at starting balance
P1: $2,000 EOD
55% or 80% None
$139
Monthly subscription
$300K 1 Step P1: $6,000
P1: EOD only (no intraday)
Locks at starting balance
P1: $3,000 EOD
55% or 80% None