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Apex Trader Funding

2.7 A+
United States Futures
VS

Phoenix Trader Funding

3.3 B+
United States Futures
Key Differences
Safety A+ vs B+ Split 100% vs 80% Price $118 vs $39

Verdict: Who Wins?

Apex Trader Funding 3 wins
3 3
Phoenix Trader Funding 3 wins
Overall Rating 3.3 vs 2.7
TrustPilot 4.6 vs 4.4
Starting Price $39 vs $118
Profit Split 100% until $25,000 withdrawn, then 90% vs 80% (can scale higher)
Safety Grade A+ vs B+
Platform Choice 13 vs 4 platforms

Best For:

Budget-conscious traders Phoenix Trader Funding
Maximum profit potential Apex Trader Funding
Trust & reputation Phoenix Trader Funding
Fast payouts Phoenix Trader Funding

Visual Comparison

Apex Trader Funding Phoenix Trader Funding

Head-to-Head Comparison

Apex Trader Funding Metric Phoenix Trader Funding
2.7/10 PFM Score 3.3/10
4.4/5 (18,690) TrustPilot 4.6/5 (243)
A+ Safety Grade B+
100% until $25,000 withdrawn, then 90% Profit Split 80% (can scale higher)
None (Intraday) / $500-$2,000 EOD (varies by account) Daily Drawdown None (Classic/Spark), 25% Dynamic (Merit)
2 Per month Payout Frequency Bi-weekly
$118 Starting Price $39
Proprietary Technology Proprietary
R | Trader Pro, Trading View, NinjaTrader, Tradovate, Quantower, Atas, MotiveWave, Bookmap, Investor/RT, Jigsaw, MultiCharts, Sierra Chart, Trade Navigator Platforms NinjaTrader, Tradovate, Quantower, Rithmic
No Direct Path to Funded Yes
United States Country United States
Jan 2021 Established Aug 2023
8 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 Apex Trader Funding Phoenix Trader Funding Savings
$25K $118 $39 Save $79
$50K $132 $69 Save $63
$100K $198 $269 Save $71

Apex Trader Funding vs Phoenix Trader Funding: Detailed Analysis

Apex Trader Funding and Phoenix 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. Apex Trader Funding offers 8 challenge options, while Phoenix Trader Funding offers 6.

Apex Trader Funding offers 100% until $25,000 withdrawn, then 90% profit split, while Phoenix Trader Funding offers 80% (can scale higher). Apex Trader Funding pays out 2 Per month, and Phoenix Trader Funding pays out Bi-weekly.

For trust and reputation, Apex Trader Funding has a 4.4/5 TrustPilot rating with 18,690 reviews, while Phoenix Trader Funding has 4.6/5 with 243 reviews. Safety grades: Apex Trader Funding A+, Phoenix Trader Funding B+.

This is a close matchup with Apex Trader Funding winning 3 and Phoenix Trader Funding winning 3 of the categories we compared. The right choice depends on what matters most to you as a trader.

Pros & Cons

Apex Trader Funding
Pros
20 Accounts available
Cons
No clear path to Live Funding, hard payout rules
Phoenix Trader Funding
Pros
3 categories (Classic/Spark/Merit), no daily drawdown on Classic/Spark, no activation fee on Spark/Merit, 1 min trading day on Spark/Merit, Phoenix Ecosystem tools included
Cons
50% consistency rule on Classic eval, $149 activation on Classic, monthly billing

Active Deals & Promo Codes

Apex Trader Funding
90% OFF 90% off evaluation — limited time
Phoenix Trader Funding
30% OFF 30% off every challenge but Merit Accounts

Frequently Asked Questions

Which is better, Apex Trader Funding or Phoenix Trader Funding?

Both firms are competitive. Apex Trader Funding wins in 3 categories while Phoenix Trader Funding wins in 3. The best choice depends on what you prioritize: pricing, profit split, trust ratings, or payout speed.

Which is cheaper, Apex Trader Funding or Phoenix Trader Funding?

Phoenix Trader Funding has the lower starting price at $39. Apex Trader Funding offers 8 challenge options starting from $118, while Phoenix Trader Funding offers 6 options starting from $39.

Which has better reviews, Apex Trader Funding or Phoenix Trader Funding?

Phoenix Trader Funding has a higher TrustPilot rating of 4.6/5. Apex Trader Funding has 18,690 reviews while Phoenix Trader Funding has 243.

Which offers a higher profit split, Apex Trader Funding or Phoenix Trader Funding?

Apex Trader Funding offers a higher maximum profit split. Apex Trader Funding offers 100% until $25,000 withdrawn, then 90% while Phoenix Trader Funding offers 80% (can scale higher).

How fast do Apex Trader Funding and Phoenix Trader Funding pay out?

Apex Trader Funding has 2 Per month payouts while Phoenix Trader Funding offers Bi-weekly payouts. Payout speed can be an important factor when choosing a prop firm.