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Challenge Comparison Tool

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

Phoenix Trader Funding Phoenix Trader Funding
Tradeify Tradeify
Overview
Asset Type Futures Futures
Country United States United States
Established Aug 2023 Jan 2022
Technology Proprietary Proprietary
Platforms NinjaTrader, Tradovate, Quantower, Atas, Volumetrica, Rithmic NinjaTrader, Tradovate, Tradesea, WealthCharts
Trading Rules
Profit Split 80% 90% (100% on first $15K for Growth/Lightning) Best
Daily Drawdown None on Classic/Spark evaluations; 25% Dynamic on Spark Direct $2K funded account EOD trailing drawdown. Growth has daily loss limits ($600-$3,000).
Payout Frequency On-demand (within 48h)
Payouts processed within 48 hours from request to bank account via PayPal or Payoneer
Daily (Select Daily) or every 5 winning days (Select Flex), 7-day cycle others
Direct Path to Funded ✓ Yes ✗ No
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 48h; unlimited free practice accounts
  • One-time fees (no subscriptions), payouts under 60 minutes via Rise, daily payout option (Select Daily), no consistency rule during evaluation, EOD trailing drawdown, instant funding (Lightning), algo/bot trading allowed, news trading allowed, path to live capital (Elite Live), up to 5 funded accounts (50K combined)
Main Drawbacks
  • Trailing EOD drawdown can be restrictive; 50% consistency rule on Classic evaluation
  • 90% profit split with no path to 100%, microscalping rule (50% trades >10 sec), no overnight positions, consistency rules on funded (35% Growth), futures only, relatively new (2024)
Offers & Promo Codes
Active Offers
30% off every challenge but Merit Accounts PFMAP
40% off all Growth, Select, and Lightning plans DASH

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

Tradeify Challenges

8 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$65 $25K 1 Step P1: $1,500
P1: —
No daily loss limit during evaluation
P1: $1,000 EOD trailing
90% None
$99 $50K 1 Step P1: —
P1: —
No daily loss limit during evaluation
P1: EOD trailing drawdown
90% None
$99 $50K 1 Step P1: —
P1: —
No daily loss limit during evaluation
P1: EOD trailing drawdown
90% None
$65 $109 $25K 1 Step P1: —
P1: —
No daily loss limit during evaluation
P1: EOD trailing drawdown
90% None
$159 $100K 1 Step P1: —
P1: —
No daily loss limit during evaluation
P1: EOD trailing drawdown
90% None
$159 $100K 1 Step P1: —
P1: —
No daily loss limit during evaluation
P1: EOD trailing drawdown
90% None
$221 $150K 1 Step P1: —
P1: —
No daily loss limit during evaluation
P1: EOD trailing drawdown
90% None
$221 $150K 1 Step P1: —
P1: —
No daily loss limit during evaluation
P1: EOD trailing drawdown
90% None