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Challenge Comparison Tool

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

Tradeify Tradeify
Phoenix Trader Funding Phoenix Trader Funding
Overview
Asset Type Futures Futures
Country United States France
Established Jan 2022 Aug 2023
Technology Proprietary Proprietary
Platforms Trading View, NinjaTrader, Tradovate, Rithmic, Tradesea R | Trader Pro, Quantower, Atas, MotiveWave, Bookmap, Investor/RT, Jigsaw, MultiCharts, Sierra Chart, Trade Navigator, Phoenix Instant Logger
Trading Rules
Profit Split 90% (100% on first $15K for Growth/Lightning) Best 80% (can scale higher)
Daily Drawdown EOD trailing drawdown. Growth has daily loss limits ($600-$3,000). None (Classic/Spark), 25% Dynamic (Merit)
Payout Frequency Daily (Select Daily) or every 5 winning days (Select Flex), 7-day cycle others
Via Rise or Plane. Select Daily caps: $600-$2500/day. Select Flex caps: $3K-$5K.
Bi-weekly
Minimum $500, activation fee $149 refunded on first payout
Direct Path to Funded ✗ No ✓ Yes
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • One-time fees (no subscriptions), payouts under 60 minutes via Rise, daily payout option (Select Daily), no consistency rule during evaluation, EOD trailing drawdown, instant funding (Lightning), algo/bot trading allowed, news trading allowed, path to live capital (Elite Live), up to 5 funded accounts (50K combined)
  • 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
Main Drawbacks
  • 90% profit split with no path to 100%, microscalping rule (50% trades >10 sec), no overnight positions, consistency rules on funded (35% Growth), futures only, relatively new (2024), limited platforms (Tradovate + TradeSea)
  • 50% consistency rule on Classic eval, $149 activation on Classic, monthly billing
Offers & Promo Codes
Active Offers
40% off all Growth, Select, and Lightning plans DASH
30% off every challenge but Merit Accounts PFMAP

Challenge Details

Tradeify Challenges

12 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$99
one-time
$25K 1 Step 100% first $15K, then 90% $$0
$109
one-time
$25K 1 Step 90% $$0
$149
one-time
$25K Instant 100% first $15K, then 90% $$0
$149
one-time
$50K 1 Step 100% first $15K, then 90% $$0
$159
one-time
$50K 1 Step 90% $$0
$249
one-time
$50K Instant 100% first $15K, then 90% $$0
$249
one-time
$100K 1 Step 100% first $15K, then 90% $$0
$259
one-time
$100K 1 Step 90% $$0
$349
one-time
$150K 1 Step 100% first $15K, then 90% $$0
$359
one-time
$150K 1 Step 90% $$0
$399
one-time
$100K Instant 100% first $15K, then 90% $$0
$549
one-time
$150K Instant 100% first $15K, then 90% $$0

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