Challenge Comparison Tool

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

Traders Launch Traders Launch
Phoenix Trader Funding Phoenix Trader Funding
Traders Launch 2.7 Get Started
Phoenix Trader Funding 3.3 Get Started
Overview
Asset Type Futures Futures
Country United States France
Established Jan 2023 Aug 2023
Technology White-Label Proprietary
Platforms Trading View, Quantower, Volumetrica R | Trader Pro, Quantower, Atas, MotiveWave, Bookmap, Investor/RT, Jigsaw, MultiCharts, Sierra Chart, Trade Navigator, Phoenix Instant Logger
Trading Rules
Profit Split 55% - 80% 80% (can scale higher) Best
Daily Drawdown EOD only — no intraday trailing. Locks at starting balance. None (Classic/Spark), 25% Dynamic (Merit)
Payout Frequency Same-day (daily), ~6 hour processing
1% buffer, 40% consistency rule 		Bi-weekly
Minimum $500, activation fee $149 refunded on first payout
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
  • An attractive payment policy and a wide choice of brokers for Live Funding, No Daily Drawdown
  • 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
  • Lack of plateforms, Tight drawdown
  • 50% consistency rule on Classic eval, $149 activation on Classic, monthly billing
Offers & Promo Codes
Active Offers No offers
30% off every challenge but Merit Accounts PFMAP

Challenge Details

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

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
Visit Traders Launch Full Profile →
Phoenix Trader Funding
Visit Phoenix Trader Funding Full Profile →