Challenge Comparison Tool

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Phoenix Trader Funding Phoenix Trader Funding
Topstep Topstep
Phoenix Trader Funding 7.0 Get Started
Topstep 6.6 Get Started
Overview
Asset Type Futures Futures
Country France
Established Aug 2023 -
Technology Proprietary Proprietary
Platforms Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Rithmic -
Trading Rules
Profit Split 80% 90% Best
Daily Drawdown None on Classic/Spark evaluations; 25% Dynamic on Spark Direct $2K funded account $2,000 for $50K accounts, $3,000 for $100K, $4,500 for $150K
Payout Frequency Bi-Weekly On-demand
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
  • No daily drawdown on Classic accounts; free monthly reset coupon; proprietary Odin platform; PayPal/Payoneer payouts within 2-3 business days; unlimited free practice accounts
  • Aeropay to make payouts instant, 90% profit split
Main Drawbacks
  • Trailing EOD drawdown can be restrictive; 50% consistency rule on Classic evaluation
  • Max Loss Limit based on account size, monthly subscription billing
Offers & Promo Codes
Active Offers
30% off every challenge but Merit Accounts PFMAP
10% off Spark accounts. Verified live on phoenixtraderfunding.com homepage 2026-06-07 ("10% OFF on Spark Accounts, Starting at $35! ... Use This Code At Checkout JUNE"). JUNE
$20 off No Activation Fee Trading Combine (any size). Up to 5 uses per trader. TONES

Challenge Details

Phoenix Trader Funding Challenges

6 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$39 $25K 1 Step P1: $1,500
 P1: -
No daily drawdown limit
P1: $1,000 trailing EOD
 90% $29
$69 $50K 1 Step P1: $3,000
 P1: -
No daily drawdown limit
P1: $2,000 trailing EOD
 90% $29
$69 $2K Instant P1: -
 P1: 25% Dynamic
25% dynamic daily drawdown on $2K account
P1: $2,000 static
 80% None
$89 $25K 1 Step P1: $1,500
 P1: -
No daily drawdown limit
P1: $1,500 trailing EOD
 80% None
$128 $50K 1 Step P1: $3,000
 P1: -
No daily drawdown limit
P1: $2,000 trailing EOD
 80% None
$269 $100K 1 Step P1: $6,000
 P1: -
No daily drawdown limit
P1: $3,000 trailing EOD
 80% None

Topstep Challenges

3 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$49 $50K 1 Step P1: $3,000 (6%)
 P1: -
P1: $2,000 (4%)
 90% $149
$99 $100K 1 Step P1: $6,000 (6%)
 P1: -
P1: $3,000 (3%)
 90% $149
$199 $150K 1 Step P1: $9,000 (6%)
 P1: -
P1: $4,500 (3%)
 90% $149
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