Phoenix Trader Funding
United States
OFF 30% off every challenge but Merit Accounts
Price & Rating Trends
Last 90 days — how Phoenix Trader Funding's key metrics have moved over time.
Trend data is captured nightly from the PropFirmMap database. Older history before Jan 25, 2026 may reflect the latest known value.
| Price | Account Size | Profit Target | Max Daily Loss | Max Drawdown | Profit Split | Activation Fee | Reward | |
|---|---|---|---|---|---|---|---|---|
| $89 /month | $25K Instant | P1: $1,500 | P1: None | P1: $1,500 EOD Trailing | 80% | $0 | Classic Starter - 50% consistency on eval, no consistency funded, 2 min days | Details |
| $39 /month | $25K Instant | P1: $1,500 | P1: None | P1: $1,000 EOD | 80% | $29 | Spark Starter - no consistency eval, 30% consistency funded, EOD eval -> Real-Time funded, 1 min day | Details |
| $69 one-time | $25K Instant | P1: | P1: 25% Dynamic Dynamic based on highest balance | P1: $2,000 Static | 80% | $0 | Merit $2K - one-time fee, no trailing drawdown, 25% dynamic daily, 1-30 calendar days, live-funded $2,000 | Details |
| $128 /month | $50K Instant | P1: $3,000 | P1: None | P1: $2,000 EOD Trailing | 80% | $0 | Classic Growth - 50% consistency on eval, no consistency funded, 2 min days | Details |
| $69 /month | $50K Instant | P1: $3,000 | P1: None | P1: $2,000 EOD | 80% | $29 | Spark Growth - no consistency eval, 30% consistency funded, EOD eval -> Real-Time funded, 1 min day | Details |
| $269 /month | $100K Instant | P1: $6,000 | P1: None | P1: $3,000 EOD Trailing | 80% | $0 | Classic Scale - 50% consistency on eval, no consistency funded, 2 min days | Details |
Main Benefits
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
50% consistency rule on Classic eval, $149 activation on Classic, monthly billing
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Phoenix Trader Funding is a US-based futures prop firm offering three challenge categories: Classic (traditional eval with 50% consistency), Spark (no consistency on eval, EOD-to-realtime drawdown switch), and Merit (one-time fee, no trailing drawdown, 25% dynamic daily). Based in Texas, established August 2023. Provides Phoenix Ecosystem tooling included with funded accounts.
Needs Improvement
Strengths
- Good TrustPilot rating (4.6/5)
- Very affordable challenges (from $39)
- No daily drawdown limit
- 4 trading platforms supported
Recommended For
Recent Activity
Score decreased from 3.8 to 3.3
profit split changed
drawdown rules changed
payout frequency changed
Futures firm with 100:0 until $10,000 withdrawn, then 90:10 profit split.
Initial safety grade assigned based on TrustPilot rating, review volume, years in business, and data completeness.
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