Challenge Comparison Tool

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

Phoenix Trader Funding Phoenix Trader Funding
Traders Launch Traders Launch
Phoenix Trader Funding 7.0 Get Started
Traders Launch 5.3 Get Started
Overview
Asset Type Futures Futures
Country France United States
Established Aug 2023 Jan 2023
Technology Proprietary White-Label
Platforms Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Rithmic Trading View, Quantower, Volumetrica
Trading Rules
Profit Split 80% Best 80%
Daily Drawdown None on Classic/Spark evaluations; 25% Dynamic on Spark Direct $2K funded account EOD trailing drawdown — locks at starting balance when profitable
Payout Frequency Bi-Weekly Daily
Eligible for payouts once +1% funded. No time restriction on withdrawals.
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
  • One-time evaluation fee — no monthly subscription, Daily payouts once funded (no waiting period), No time restrictions on withdrawals, No consistency rule in funded stage, No payout caps, Zero fees once funded, Drawdown locks at starting balance when profitable
Main Drawbacks
  • Trailing EOD drawdown can be restrictive; 50% consistency rule on Classic evaluation
  • Futures and crypto only — no forex or CFD, 40% best-day consistency rule applies during evaluation, Limited to 22-Hour or NYC session trading windows
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
No offers

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

Traders Launch Challenges

6 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$20
Crypto 80% split; one-time fee; 5x leverage; BTC/ETH/SOL/XRP; up to $100K buying power 		$5K 1 Step P1: 4%
 P1: 4% daily limit
P1: 4% daily limit
 80% None
$69
Crypto 80% split; one-time fee; 5x leverage; BTC/ETH/SOL/XRP 		$10K 1 Step P1: 5%
 P1: 5% daily limit
P1: 5% daily limit
 80% None
$159
22-Hour Session, 80% split; one-time fee; 2 Mini / 20 Micros starting size 		$100K 1 Step P1: 2%
 P1: 1% EOD balance
P1: EOD trailing; locks at starting balance when profitable
 80% None
$199
Crypto 80% split; one-time fee; 5x leverage; BTC/ETH/SOL/XRP 		$20K 1 Step P1: 7.5%
 P1: 7.5% daily limit
P1: 7.5% daily limit
 80% None
$299
22-Hour Session, 80% split; one-time fee; 4 Mini / 40 Micros starting size 		$200K 1 Step P1: 2%
 P1: 1% EOD balance
P1: EOD trailing; locks at starting balance when profitable
 80% None
$599
22-Hour Session, 80% split; one-time fee; 6 Mini / 60 Micros starting size 		$300K 1 Step P1: 2%
 P1: 1% EOD balance
P1: EOD trailing; locks at starting balance when profitable
 80% None
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