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Phoenix Trader Funding

France France Futures Est. Aug 2023
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Verified Partner Top-rated 4.6★ on TrustPilot Challenges from $39 90% profit split Bi-Weekly payouts Code ODIN
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Profit Split 90%
Technology White-Label
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.
Payout Reliability B Bi-Weekly See full leaderboard

Composite Trust Score

Multi-source aggregate of every verified trust signal we hold on Phoenix Trader Funding. Methodology →

v1.0 · PropFirmMap
TrustPilot Rating 4.6
23.0 / 25 pts
Review Volume 832
14.6 / 20 pts
PropFirmMap Safety Grade B+
14.0 / 20 pts
Operational Longevity 2.9 yrs
8.7 / 15 pts
PropFirmMap Verification Freshness 2026-05-09
5.0 / 10 pts
Verified Partner Vetting Yes
10.0 / 10 pts
Reputation Penalty None
0 pts
Price Account Size Account Name Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee Notes
$89 monthly $25K Subscription P1: $1,500 P1: P1: $1,500 trailing drawdown (EOD) 90% Bi-weekly payouts via PayPal or Payoneer. 90% profit split on all withdrawals. 50% consistency rule. Max payout $600 per cycle. Live funding after 4 payouts. Details
$39 monthly (+ $29 one-time activation fee) $25K Subscription P1: P1: P1: $1,000 trailing drawdown (EOD) 90% Subscription-funded $25K account. $29 one-time activation fee at signup. All strategies allowed. 30% consistency rule applies when funded. Trailing EOD drawdown from highest balance. Platforms: Odin, Tradovate, Rithmic, TradingView, dxFeed, NinjaTrader. Details
$128 monthly $50K Subscription P1: $3,000 P1: P1: $2,000 trailing drawdown (EOD) 90% Bi-weekly payouts via PayPal or Payoneer. 90% profit split on all withdrawals. 50% consistency rule. Max payout $1,000 per cycle. Live funding after 4 payouts. Details
$69 monthly (+ $29 one-time activation fee) $50K Subscription P1: P1: P1: $2,000 trailing drawdown (EOD) 90% Subscription-funded $50K account. $29 one-time activation fee at signup. All strategies allowed. 30% consistency rule applies when funded. Trailing EOD drawdown from highest balance. Platforms: Odin, Tradovate, Rithmic, TradingView, dxFeed, NinjaTrader. Details
$269 monthly $100K Subscription P1: $6,000 P1: P1: $3,000 trailing drawdown (EOD) 90% Bi-weekly payouts via PayPal or Payoneer. 90% profit split on all withdrawals. 50% consistency rule. Max payout $2,000 per cycle. Live funding after 4 payouts. Details
$69 $2K 1 Step P1: P1: $500 25% dynamic daily drawdown of starting balance P1: $2,000 static 50% One-time $69 challenge fee. Up to 30 calendar days to pass. 50/50 profit split until challenge cost is recouped, then 80/20 profit split for life. Powered by EdgeClear broker. Details
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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.

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.

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CEO
Leon Grimm
TrustPilot
4.6/5 (832 reviews)
Payout Methods
Payoneer Payoneer
PayPal PayPal
Trading Platforms
Trading View Trading View
NinjaTrader NinjaTrader
Tradovate Tradovate
Quantower Quantower
Atas Atas
dxFeed dxFeed
Volumetrica Volumetrica
Phoenix Instant Logger Phoenix Instant Logger
Rithmic Rithmic
DeepCharts DeepCharts
Commission Structure

See their full commission details

About Phoenix Trader Funding

Phoenix Trader Funding offers futures traders funded accounts through three distinct programs. Classic accounts use a monthly subscription model with trailing EOD drawdown from highest balance, 90% profit split, and bi-weekly payouts. Spark accounts feature a lower monthly subscription plus a $29 one-time activation fee with all strategies allowed and 30% consistency rule when funded. Merit is a one-time challenge program on a $2K account powered by EdgeClear, featuring a 50/50 profit split until the challenge fee is recouped then 80/20 for life. Trading platforms include NinjaTrader, Tradovate, Rithmic, TradingView, Odin, Quantower, Atas, Volumetrica, DeepCharts, and Phoenix Instant Logger.

Payout Frequency Bi-Weekly
Days to First Payout 5 days
Profit Split 90% (Classic) / 80% (Spark)
Processing Time Below 48h from request to funds in bank account
Get funded
5 Min trading days
5 First payout eligible
Bi-Weekly
Payout methods
Payoneer Payoneer
PayPal PayPal
Amounts
Minimum withdrawal$75
Maximum per payout$600
Profit buffer requiredNone
Split scalingScaling plan available
Requirements
Min trading days5
Consistency for payoutNone (Classic) / 30% (Spark funded)
Eval fee refunded on 1st payoutNot publicly disclosed
Payout proof / KYCNot required
ScheduleClassic accounts: min 5 days between payouts. Min profit per day: $100 (Starter), $200 (Growth), $300 (Scale).
Additional payout notes

Classic: max per payout $600/$1,000/$2,000 by size; 90% split; live funding after 4 payouts ($1,250/$2,500/$3,500); min profit/day $100/$200/$300. Spark: max per payout $400/$800 by size; 80% split; 30% consistency funded; live funding after 4 payouts ($1,000/$1,500); min profit/day $100/$175. Both: min payout $75, no buffer, bi-weekly, 5 days to first payout.

General rules (apply to challenge & funded)
Allowed
News trading
Not allowed
Weekend holding
Not allowed
Overnight holding
Not allowed
EAs / automation
Allowed
Copy trading
Not allowed
Hedging
Allowed
Scalping
Not disclosed
Stop-loss
News trading allowed for all accounts No overnight trading on any account Manual scalping fully permitted. Scalping/HFT/EA bots strictly forbidden.
Challenge vs Funded
Consistency rule Challenge: 50% Funded: 30% (Spark funded accounts)
Drawdown type Challenge: Trailing EOD Funded: Trailing EOD
Drawdown & risk
Daily loss resetNot publicly disclosed
Max position sizeScaling-based: Classic scales by profit; Spark fixed from start (Starter $25K = 2 minis/20 micros, Growth $50K = 4 minis/40 micros); Merit based on challenge size.
Max leverageNot publicly disclosed
Min trade durationNone (trades may last any duration).
Challenge lifecycle
Time limitNo maximum time to complete the evaluation; subscription renews every 30 calendar days. Merit accounts: hard 30 calendar-day limit.
Inactivity rule7 days
Reset feeVaries per account; equals the subscription/purchase price or a portion of it (shown on the account details page).
Reset policyResets allowed for Classic and Spark (unlimited). Merit cannot be reset. Free reset coupons earned on each non-missed monthly renewal, usable any time.
Scaling planClassic: progressive scaling, max contract size grows with profit, applies to both challenge and funded. Spark: no scaling plan, full max size from day one.
Instruments & restrictions
Allowed instrumentsCME/CBOT/COMEX/NYMEX futures - equity index (ES, MES, NQ, MNQ, RTY, M2K, NKD, YM, MYM), FX (6A, 6B, 6C, 6E, M6E, 6J, 6S, 6N), metals (GC, MGC, SI, HG, PL, PA, QI, QO), plus energy and ags.
Prohibited strategiesHFT/EA/scalping bots; hedging between accounts; flipping; 1-tick trading on bonds (ZB, ZN, ZS) on funded accounts.
Additional rules

Martingale/DCA allowed. No hedging. News trading (Tier 1) allowed. 7-day inactivity rule.

6.7 PFM Score

Good

Trust & Reputation
10 /10
2.0 above avg
Value for Money
9.5 /10
1.2 above avg
Payout Speed
6 /10
1.8 below avg
Trading Flexibility
6.5 /10
1.0 below avg
Platform Choice
10 /10
2.6 above avg

Strengths

  • Excellent TrustPilot reputation (4.6/5, 832 reviews)
  • Very affordable challenges (from $39)
  • High profit split (up to 90%)
  • 10 trading platforms supported
Ready to save 30% on Phoenix Trader Funding? Use code ODIN at checkout
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Recent Activity

Score Update 20 hours ago

Score increased from 6.7 to 7.7

6.7 7.7
Score Update 1 day ago

Score increased from 6.7 to 7.7

6.7 7.7
Score Update 2 days ago

Score increased from 5.9 to 7.4

5.9 7.4
Rule Change 3 days ago

drawdown rules changed

Rule Change 3 days ago

profit split changed

80% 90%
Payout Update 3 days ago

payout frequency changed

On-demand (bi-weekly minimum) Bi-Weekly
Rule Change 3 days ago

drawdown rules changed

Score Update 3 days ago

Score increased from 5.9 to 7

5.9 7
Score Update 4 days ago

Score increased from 6.8 to 7.3

6.8 7.3
Rule Change 5 days ago

profit split changed

80-90% 80%
View full history on Industry Pulse
Phoenix Trader Funding 30% off - code ODIN
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