Phoenix Trader Funding
Composite Trust Score
Multi-source aggregate of every verified trust signal we hold on Phoenix Trader Funding. Methodology →
Strong - consistent positive signals with at most one soft area.
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 Mar 31, 2026 may reflect the latest known value.
| Price | Account Size | Account Name | Profit Target | Max Daily Loss | Max Drawdown | Profit Split | Activation Fee | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| $89 monthly | $25K Subscription | Classic Starter | 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 | Spark Starter | 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 | Classic Growth | 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 | Spark Growth | 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 | Classic Scale | 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 | Merit | 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 |
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.
Reviews
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Payoneer
PayPal
Trading View
NinjaTrader
Tradovate
Atas
dxFeed
Phoenix Instant Logger
Rithmic
See their full commission details
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 methods
Payoneer
PayPal
Amounts
Requirements
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)
Challenge vs Funded
Drawdown & risk
Challenge lifecycle
Instruments & restrictions
Additional rules
Martingale/DCA allowed. No hedging. News trading (Tier 1) allowed. 7-day inactivity rule.
Good
Strengths
- Excellent TrustPilot reputation (4.6/5, 832 reviews)
- Very affordable challenges (from $39)
- High profit split (up to 90%)
- 10 trading platforms supported
Recommended For
Recent Activity
Score increased from 6.7 to 7.7
Score increased from 6.7 to 7.7
Score increased from 5.9 to 7.4
drawdown rules changed
profit split changed
payout frequency changed
drawdown rules changed
Score increased from 5.9 to 7
Score increased from 6.8 to 7.3
profit split changed
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