10FOUR vs Phoenix Trader Funding: Head-to-Head Comparison (2026)
Verdict: Who Wins?
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Head-to-Head Comparison
| 10FOUR | Metric | Phoenix Trader Funding |
|---|---|---|
| - | PFM Score | 6.8/10 |
| 3.2/5 (1) | TrustPilot | 4.6/5 (832) ★ |
| - | Safety Grade | A ★ |
| 26 F | Trust Score | 78.7 B+ ★ |
| 90% | Profit Split | 90% |
| No Daily Loss Limit on any evaluation account (ORIGIN or DAILY). Funded: ORIGIN has none at any size. INSTANT has none at $25K, then $1,200 ($50K), $2,100 ($100K) and $3,000 ($150K). DAILY has none at $25K, then $1,000 ($50K), $1,500 ($100K) and $2,000 ($150K). Reaching the Daily Loss Limit is a soft breach: trading is paused for the session and resumes when the next session opens at 6:00 PM ET. | Daily Drawdown | No standard daily loss limit. Classic and Spark use trailing EOD drawdown from highest balance. Merit accounts apply a 25% dynamic daily drawdown of starting balance. |
| On demand | Payout Frequency | Bi-Weekly |
| $75 | Starting Price | $39 ★ |
| White-Label | Technology | White-Label |
| Trading View, CQG Desktop | Platforms | Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts |
| No | Direct Path to Funded | Yes |
| Hong Kong | Country | France |
| - | Established | Aug 2023 |
| 12 options | Challenge Options | 6 options |
Price Comparison by Account Size
Cheapest challenge price at each account size (where both firms offer the same size)
| Account Size | 10FOUR | Phoenix Trader Funding | Savings |
|---|---|---|---|
| $25K | $75 | $39 ★ | Save $36 |
| $50K | $99 | $69 ★ | Save $30 |
| $100K | $175 ★ | $269 | Save $94 |
10FOUR vs Phoenix Trader Funding: Detailed Analysis
10FOUR and Phoenix Trader Funding are both Futures firms.
Pricing
In terms of pricing, Phoenix Trader Funding is more affordable with challenges starting at $39, which is $36 less than 10FOUR's starting price of $75. 10FOUR offers 12 challenge options, while Phoenix Trader Funding offers 6.
Account Sizes
On account sizing, 10FOUR offers account sizes from $25 to $150 across 4 funding tiers, while Phoenix Trader Funding offers account sizes from $2 to $100 across 4 funding tiers. Picking the right tier matters because both the entry cost and the maximum capital you can scale to are tied to the account size you start with.
Trading Platforms
For trading platforms, 10FOUR supports Trading View and CQG Desktop, while Phoenix Trader Funding runs on Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic and DeepCharts. If you already trade on a specific platform, this can be the deciding factor between the two.
Profit Split & Payouts
10FOUR offers 90% profit split, while Phoenix Trader Funding offers 90%. 10FOUR pays out On demand, and Phoenix Trader Funding pays out Bi-Weekly.
Risk & Drawdown Rules
Risk rules are a key difference for funded traders: 10FOUR lists its daily drawdown as "No Daily Loss Limit on any evaluation account (ORIGIN or DAILY). Funded: ORIGIN has none at any size. INSTANT has none at $25K, then $1,200 ($50K), $2,100 ($100K) and $3,000 ($150K). DAILY has none at $25K, then $1,000 ($50K), $1,500 ($100K) and $2,000 ($150K). Reaching the Daily Loss Limit is a soft breach: trading is paused for the session and resumes when the next session opens at 6:00 PM ET.", while Phoenix Trader Funding lists "No standard daily loss limit. Classic and Spark use trailing EOD drawdown from highest balance. Merit accounts apply a 25% dynamic daily drawdown of starting balance.". Always confirm the drawdown type before buying, since a trailing rule behaves very differently from a static end-of-day one.
Payout Methods
When it comes to getting paid, 10FOUR supports withdrawals via Crypto, ACH and Rise Pay, while Phoenix Trader Funding pays out through Payoneer and PayPal.
Trust & Safety
For trust and reputation, 10FOUR has a 3.2/5 TrustPilot rating with 1 reviews, while Phoenix Trader Funding has 4.6/5 with 832 reviews.
Who Should Choose Which
So who should pick which? 10FOUR is the stronger choice for fast payouts, while Phoenix Trader Funding is the better fit for budget-conscious traders and trust & reputation.
Overall, Phoenix Trader Funding edges ahead winning 6 out of 7 categories we compared. However, the best choice depends on your specific needs - both firms have their strengths.
Pros & Cons
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Frequently Asked Questions
Which is better, 10FOUR or Phoenix Trader Funding?
Phoenix Trader Funding scores higher overall, winning 6 out of 7 comparison categories including Overall Rating, TrustPilot, Starting Price. However, the best choice depends on your trading goals and priorities.
Which is cheaper, 10FOUR or Phoenix Trader Funding?
Phoenix Trader Funding has the lower starting price at $39. 10FOUR offers 12 challenge options starting from $75, while Phoenix Trader Funding offers 6 options starting from $39.
Which has better reviews, 10FOUR or Phoenix Trader Funding?
Phoenix Trader Funding has a higher TrustPilot rating of 4.6/5. 10FOUR has 1 reviews while Phoenix Trader Funding has 832.
Which offers a higher profit split, 10FOUR or Phoenix Trader Funding?
10FOUR offers a higher maximum profit split. 10FOUR offers 90% while Phoenix Trader Funding offers 90%.
How fast do 10FOUR and Phoenix Trader Funding pay out?
10FOUR has On demand payouts while Phoenix Trader Funding offers Bi-Weekly payouts. Payout speed can be an important factor when choosing a prop firm.
Are 10FOUR and Phoenix Trader Funding legit?
Both firms have been independently verified by PropFirmMap. 10FOUR holds a unrated safety grade and a 3.2/5 TrustPilot rating. Phoenix Trader Funding holds a A safety grade and a 4.6/5 TrustPilot rating. Safety grades are based on payout history, community trust signals, and regulatory transparency.
Which is better for beginners, 10FOUR or Phoenix Trader Funding?
Phoenix Trader Funding may be more accessible for beginners due to its lower entry price. When starting out, consider challenge cost, drawdown rules, and profit split. Use the comparison table above to find which firm fits your experience level and risk tolerance.
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