Phoenix Trader Funding
7.4 B+
Futures
Apex Trader Funding
7.6 A+
Futures
Verdict: Who Wins?
Phoenix Trader Funding
2 wins
Apex Trader Funding
4 wins
Our Pick
Best For:
Phoenix Trader Funding
Apex Trader Funding
Phoenix Trader Funding
Visual Comparison
Head-to-Head Comparison
| Phoenix Trader Funding | Metric | Apex Trader Funding |
|---|---|---|
| 7.4/10 | PFM Score | 7.6/10 ★ |
| 4.6/5 (243) ★ | TrustPilot | 4.4/5 (18,690) |
| B+ | Safety Grade | A+ ★ |
| 80% | Profit Split | 100% until $25,000 withdrawn, then 90% ★ |
| None on Classic/Spark evaluations; 25% Dynamic on Spark Direct $2K funded account | Daily Drawdown | None (Intraday) / $500-$2,000 EOD (varies by account) |
| On-demand (within 48h) | Payout Frequency | 2 Per month |
| $39 ★ | Starting Price | $118 |
| Proprietary | Technology | Proprietary |
| NinjaTrader, Tradovate, Quantower, Atas, Volumetrica, Rithmic | Platforms | R | Trader Pro, Trading View, NinjaTrader, Tradovate, Quantower, Atas, MotiveWave, Bookmap, Investor/RT, Jigsaw, MultiCharts, Sierra Chart, Trade Navigator |
| Yes | Direct Path to Funded | No |
| United States | Country | United States |
| Aug 2023 | Established | Jan 2021 |
| 6 options | Challenge Options | 8 options |
Price Comparison by Account Size
Cheapest challenge price at each account size (where both firms offer the same size)
| Account Size | Phoenix Trader Funding | Apex Trader Funding | Savings |
|---|---|---|---|
| $25K | $39 ★ | $118 | Save $79 |
| $50K | $69 ★ | $132 | Save $63 |
| $100K | $269 | $198 ★ | Save $71 |
Phoenix Trader Funding vs Apex Trader Funding: Detailed Analysis
Phoenix Trader Funding and Apex Trader Funding are both Futures firms. Apex Trader Funding has been in business longer, established in 2021, while Phoenix Trader Funding was founded in 2023.
In terms of pricing, Phoenix Trader Funding is more affordable with challenges starting at $39, which is $79 less than Apex Trader Funding's starting price of $118. Phoenix Trader Funding offers 6 challenge options, while Apex Trader Funding offers 8.
Phoenix Trader Funding offers 80% profit split, while Apex Trader Funding offers 100% until $25,000 withdrawn, then 90%. Phoenix Trader Funding pays out On-demand (within 48h), and Apex Trader Funding pays out 2 Per month.
For trust and reputation, Phoenix Trader Funding has a 4.6/5 TrustPilot rating with 243 reviews, while Apex Trader Funding has 4.4/5 with 18,690 reviews. Safety grades: Phoenix Trader Funding B+, Apex Trader Funding A+.
Overall, Apex Trader Funding edges ahead winning 4 out of 6 categories we compared. However, the best choice depends on your specific needs — both firms have their strengths.
Pros & Cons
Phoenix Trader Funding
Pros
Cons
Apex Trader Funding
Pros
Cons
Active Deals & Promo Codes
Phoenix Trader Funding
Apex Trader Funding
Frequently Asked Questions
Which is better, Phoenix Trader Funding or Apex Trader Funding?
Apex Trader Funding scores higher overall, winning 4 out of 6 comparison categories including Overall Rating, Profit Split, Safety Grade. However, the best choice depends on your trading goals and priorities.
Which is cheaper, Phoenix Trader Funding or Apex Trader Funding?
Phoenix Trader Funding has the lower starting price at $39. Phoenix Trader Funding offers 6 challenge options starting from $39, while Apex Trader Funding offers 8 options starting from $118.
Which has better reviews, Phoenix Trader Funding or Apex Trader Funding?
Phoenix Trader Funding has a higher TrustPilot rating of 4.6/5. Phoenix Trader Funding has 243 reviews while Apex Trader Funding has 18,690.
Which offers a higher profit split, Phoenix Trader Funding or Apex Trader Funding?
Apex Trader Funding offers a higher maximum profit split. Phoenix Trader Funding offers 80% while Apex Trader Funding offers 100% until $25,000 withdrawn, then 90%.
How fast do Phoenix Trader Funding and Apex Trader Funding pay out?
Phoenix Trader Funding has On-demand (within 48h) payouts while Apex Trader Funding offers 2 Per month payouts. Payout speed can be an important factor when choosing a prop firm.