Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

Phoenix Trader Funding Phoenix Trader Funding
TX3 Futures TX3 Futures
Phoenix Trader Funding 6.7 Get Started
TX3 Futures 5.8 Get Started
Overview
Asset Type Futures Futures
Country France United Arab Emirates
Established Aug 2023 -
Technology White-Label White-Label
Platforms Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts Trading View, NinjaTrader, Tradovate
Trading Rules
Profit Split 90% Best Up to 90%
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. End-of-day trailing drawdown ($2,000/$3,000/$4,500 for 50K/100K/150K)
Payout Frequency Bi-Weekly Every 3 days (early payout); on-demand (pro payout)
Early payout: first after 10 days, then every 3 days. Pro payout: anytime.
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.
  • Pay once per model with no monthly subscription; keep up to 90% of simulated profits; fast payouts (pro payout anytime, early payout after 10 days then every 3 days, 1 business day processing); end-of-day trailing drawdown judged on the daily close rather than intraday noise; no minimum trading days or time limit; trade on Tradovate, NinjaTrader or TradingView with a CQG data feed; broker-backed by TX3 Markets; $35M+ reportedly paid to 8,000+ traders.
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.
  • TrustPilot score is a mediocre 3.3/5 across 4,303 reviews; recent reviews cite payout denials, frequent rule changes and a disruptive platform migration following the TopTier Trader rebrand; a 30% consistency rule on funded accounts can restrict withdrawals; some traders report cross-firm flagging and account bans.
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

TX3 Futures Challenges

1 challenge
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$259 $168 $100K 1 Step P1: $6,000
 P1: -
P1: $3,000 EOD Trailing
 Up to 90% None
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TX3 Futures
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