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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
YRM Prop YRM Prop
Overview
Asset Type Futures Futures
Country United States United States
Established Aug 2023 Jun 2025
Technology Proprietary White-Label
Platforms NinjaTrader, Tradovate, Quantower, Atas, Volumetrica, Rithmic Quantower
Trading Rules
Profit Split 80% 90% Best
Daily Drawdown None on Classic/Spark evaluations; 25% Dynamic on Spark Direct $2K funded account None (Trailing Max Drawdown only, EOD calculation)
Payout Frequency On-demand (within 48h)
Payouts processed within 48 hours from request to bank account via PayPal or Payoneer
On-demand (after 6 trading days, $150 min/day, 35% consistency)
First payout requires KYC via Rise. Progressive payout cap structure. Live capital after ~4 successful payout cycles (3-6 months).
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 accounts; free monthly reset coupon; proprietary Odin platform; PayPal/Payoneer payouts within 48h; unlimited free practice accounts
  • 90/10 profit split, 24-hour payouts, EOD trailing drawdown (no intraday DD), Hold up to 3 Prime accounts, $0 activation fee promo, Path to live capital after ~4 payout cycles, NY-based US firm
Main Drawbacks
  • Trailing EOD drawdown can be restrictive; 50% consistency rule on Classic evaluation
  • 50% consistency rule, No Rithmic/Tradovate yet (Quantower / Volumetrica only), New firm (June 2025), No automated/EA trading allowed, No VPN allowed, $99 standard activation fee (currently waived)
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 $25K 1 Step P1: $1,500
P1: —
No daily drawdown limit
P1: $1,000 trailing EOD
90% $29
$69 $50K 1 Step P1: $3,000
P1: —
No daily drawdown limit
P1: $2,000 trailing EOD
90% $29
$69 $2K Instant P1: —
P1: 25% Dynamic
25% dynamic daily drawdown on $2K account
P1: $2,000 static
80% None
$89 $25K 1 Step P1: $1,500
P1: —
No daily drawdown limit
P1: $1,500 trailing EOD
80% None
$128 $50K 1 Step P1: $3,000
P1: —
No daily drawdown limit
P1: $2,000 trailing EOD
80% None
$269 $100K 1 Step P1: $6,000
P1: —
No daily drawdown limit
P1: $3,000 trailing EOD
80% None

YRM Prop Challenges

4 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$99
one-time
$25K 1 Step P1: $1,500
P1: —
No daily loss limit
P1: $1,000 EOD Trailing
90% None
$149
one-time
$50K 1 Step P1: $3,000
P1: —
No daily loss limit
P1: $2,000 EOD Trailing
90% None
$249
one-time
$100K 1 Step P1: $6,000
P1: —
No daily loss limit
P1: $3,000 EOD Trailing
90% None
$349
one-time
$150K 1 Step P1: $9,000
P1: —
No daily loss limit
P1: $4,500 EOD Trailing
90% None