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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
Winbance Winbance
Overview
Asset Type Futures Futures
Country France United Kingdom
Established Aug 2023 Jan 2022
Technology White-Label White-Label
Platforms Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts R | Trader Pro, Trading View, NinjaTrader, Quantower
Trading Rules
Profit Split 90% Best 60% (Weekly reward plan) or 80% (Biweekly reward plan); up to 80%
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. 2% daily loss limit (End-of-Day) on Challenge EDGE: $300 / $1,000 / $2,000 / $3,000 on $15K / $50K / $100K / $150K accounts
Payout Frequency Bi-Weekly Weekly or Biweekly (LiveX funded); on demand (Direct Pass)
LiveX funded accounts request rewards Fridays after market close (Weekly = 60% split, Biweekly = 80% split); Direct Pass and Direct Pass Freedom can request any time once eligible and Safety Net is met
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.
  • Futures funding up to $150K simulated capital, up to 80% reward split, one-time payment (no monthly fees), End-of-Day drawdown on Challenge EDGE / Direct Pass (no intraday trailing), news trading allowed, multiple platforms (NinjaTrader, Quantower, TradingView, R|Trader Pro), fast 48h reward processing, low $125 minimum payout, active support (Discord 12K+, WhatsApp, phone)
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.
  • Recurring TrustPilot complaints about delayed or unpaid withdrawals and support responsiveness (rating 4.2/5), Expert Advisors and all automated trading strictly prohibited, scalping under 30 seconds banned, 50% consistency rule on Challenge EDGE and Direct Pass, maximum monthly reward capped at 8% of account size, Binance Pay unavailable in Europe, unregulated simulated-trading entity
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

Winbance Challenges

4 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$149
one-time; current promo code WNBV2 gives 60% off ($60) through 2026-07-08
$15K 1 Step P1: $900
P1: $300
$300 daily loss limit (End-of-Day)
P1: $600 (End-of-Day drawdown / max loss)
60% (Weekly plan) / 80% (Biweekly plan) None
$299
one-time; current promo code WNBV2 gives 60% off ($120) through 2026-07-08
$50K 1 Step P1: $3,000
P1: $1,000
$1,000 daily loss limit (End-of-Day)
P1: $2,000 (End-of-Day drawdown / max loss)
60% (Weekly plan) / 80% (Biweekly plan) None
$385
one-time; current promo code WNBV2 gives 60% off ($154) through 2026-07-08
$100K 1 Step P1: $6,000
P1: $2,000
$2,000 daily loss limit (End-of-Day)
P1: $4,000 (End-of-Day drawdown / max loss)
60% (Weekly plan) / 80% (Biweekly plan) None
$519
one-time; current promo code WNBV2 gives 60% off ($208) through 2026-07-08
$150K 1 Step P1: $9,000
P1: $3,000
$3,000 daily loss limit (End-of-Day)
P1: $6,000 (End-of-Day drawdown / max loss)
60% (Weekly plan) / 80% (Biweekly plan) None