Phoenix Trader Funding
7.4 B+
Futures
Traders Launch
6.5 B+
Futures
Verdict: Who Wins?
Phoenix Trader Funding
2 wins
Traders Launch
3 wins
Best For:
Traders Launch
Traders Launch
Visual Comparison
Head-to-Head Comparison
| Phoenix Trader Funding | Metric | Traders Launch |
|---|---|---|
| 7.4/10 ★ | PFM Score | 6.5/10 |
| 4.6/5 (243) | TrustPilot | 4.7/5 (67) ★ |
| B+ | Safety Grade | B+ |
| 80% | Profit Split | 55% or 80% profit split ★ |
| None on Classic/Spark evaluations; 25% Dynamic on Spark Direct $2K funded account | Daily Drawdown | EOD drawdown for futures (no intraday trailing) |
| On-demand (within 48h) | Payout Frequency | Same-day payouts |
| $39 | Starting Price | $20 ★ |
| Proprietary | Technology | White-Label |
| NinjaTrader, Tradovate, Quantower, Atas, Volumetrica, Rithmic | Platforms | Trading View, Quantower, Volumetrica |
| Yes | Direct Path to Funded | Yes |
| United States | Country | United States |
| Aug 2023 | Established | Jan 2023 |
| 6 options | Challenge Options | 12 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 | Traders Launch | Savings |
|---|---|---|---|
| $100K | $269 | $49 ★ | Save $220 |
Phoenix Trader Funding vs Traders Launch: Detailed Analysis
Phoenix Trader Funding and Traders Launch are both Futures firms. Traders Launch has been in business longer, established in 2023, while Phoenix Trader Funding was founded in 2023.
In terms of pricing, Traders Launch is more affordable with challenges starting at $20, which is $19 less than Phoenix Trader Funding's starting price of $39. Phoenix Trader Funding offers 6 challenge options, while Traders Launch offers 12.
Phoenix Trader Funding offers 80% profit split, while Traders Launch offers 55% or 80% profit split. Phoenix Trader Funding pays out On-demand (within 48h), and Traders Launch pays out Same-day payouts.
For trust and reputation, Phoenix Trader Funding has a 4.6/5 TrustPilot rating with 243 reviews, while Traders Launch has 4.7/5 with 67 reviews. Safety grades: Phoenix Trader Funding B+, Traders Launch B+.
This is a close matchup with Phoenix Trader Funding winning 2 and Traders Launch winning 3 of the categories we compared. The right choice depends on what matters most to you as a trader.
Pros & Cons
Phoenix Trader Funding
Pros
Cons
Traders Launch
Pros
Active Deals & Promo Codes
Phoenix Trader Funding
Traders Launch
No active deals
Frequently Asked Questions
Which is better, Phoenix Trader Funding or Traders Launch?
Both firms are competitive. Phoenix Trader Funding wins in 2 categories while Traders Launch wins in 3. The best choice depends on what you prioritize: pricing, profit split, trust ratings, or payout speed.
Which is cheaper, Phoenix Trader Funding or Traders Launch?
Traders Launch has the lower starting price at $20. Phoenix Trader Funding offers 6 challenge options starting from $39, while Traders Launch offers 12 options starting from $20.
Which has better reviews, Phoenix Trader Funding or Traders Launch?
Traders Launch has a higher TrustPilot rating of 4.7/5. Phoenix Trader Funding has 243 reviews while Traders Launch has 67.
Which offers a higher profit split, Phoenix Trader Funding or Traders Launch?
Phoenix Trader Funding offers a higher maximum profit split. Phoenix Trader Funding offers 80% while Traders Launch offers 55% or 80% profit split.
How fast do Phoenix Trader Funding and Traders Launch pay out?
Phoenix Trader Funding has On-demand (within 48h) payouts while Traders Launch offers Same-day payouts payouts. Payout speed can be an important factor when choosing a prop firm.