CypherTicks vs Phoenix Trader Funding: Head-to-Head Comparison (2026)
Verdict: Who Wins?
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Head-to-Head Comparison
| CypherTicks | Metric | Phoenix Trader Funding |
|---|---|---|
| 5.0/10 | PFM Score | 6.8/10 ★ |
| 4.3/5 (9) | TrustPilot | 4.6/5 (832) ★ |
| B | Safety Grade | A ★ |
| 52.1 C | Trust Score | 83.6 A ★ |
| 90% | Profit Split | 90% |
| 2% of starting balance (Daily Loss Limit, Evaluation only; removed on funded accounts) | 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 (no fixed payout date, minimum 5 trading days) | Payout Frequency | Bi-Weekly |
| $69 | Starting Price | $39 ★ |
| White-Label | Technology | White-Label |
| Volumetrica, DeepCharts | Platforms | Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts |
| No | Direct Path to Funded | Yes |
| United Kingdom | Country | France |
| Jan 2025 | Established | Aug 2023 |
| 6 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 | CypherTicks | Phoenix Trader Funding | Savings |
|---|---|---|---|
| $25K | $69 | $39 ★ | Save $30 |
| $50K | $109 | $69 ★ | Save $40 |
| $100K | $229 ★ | $269 | Save $40 |
CypherTicks vs Phoenix Trader Funding: Detailed Analysis
CypherTicks and Phoenix Trader Funding are both Futures firms. Phoenix Trader Funding has been in business longer, established in 2023, while CypherTicks was founded in 2025.
Pricing
In terms of pricing, Phoenix Trader Funding is more affordable with challenges starting at $39, which is $30 less than CypherTicks's starting price of $69. CypherTicks offers 6 challenge options, while Phoenix Trader Funding offers 6.
Account Sizes
On account sizing, CypherTicks offers account sizes from $10 to $100 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, CypherTicks supports Volumetrica and DeepCharts, 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
CypherTicks offers 90% profit split, while Phoenix Trader Funding offers 90%. CypherTicks pays out On demand (no fixed payout date, minimum 5 trading days), and Phoenix Trader Funding pays out Bi-Weekly.
Risk & Drawdown Rules
Risk rules are a key difference for funded traders: CypherTicks lists its daily drawdown as "2% of starting balance (Daily Loss Limit, Evaluation only; removed on funded accounts)", 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, CypherTicks supports withdrawals via Rise and Crypto, while Phoenix Trader Funding pays out through Payoneer and PayPal.
Trust & Safety
For trust and reputation, CypherTicks has a 4.3/5 TrustPilot rating with 9 reviews, while Phoenix Trader Funding has 4.6/5 with 832 reviews. Safety grades: CypherTicks B, Phoenix Trader Funding A.
Who Should Choose Which
So who should pick which? CypherTicks 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 6 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, CypherTicks or Phoenix Trader Funding?
Phoenix Trader Funding scores higher overall, winning 6 out of 6 comparison categories including Overall Rating, TrustPilot, Starting Price. However, the best choice depends on your trading goals and priorities.
Which is cheaper, CypherTicks or Phoenix Trader Funding?
Phoenix Trader Funding has the lower starting price at $39. CypherTicks offers 6 challenge options starting from $69, while Phoenix Trader Funding offers 6 options starting from $39.
Which has better reviews, CypherTicks or Phoenix Trader Funding?
Phoenix Trader Funding has a higher TrustPilot rating of 4.6/5. CypherTicks has 9 reviews while Phoenix Trader Funding has 832.
Which offers a higher profit split, CypherTicks or Phoenix Trader Funding?
CypherTicks offers a higher maximum profit split. CypherTicks offers 90% while Phoenix Trader Funding offers 90%.
How fast do CypherTicks and Phoenix Trader Funding pay out?
CypherTicks has On demand (no fixed payout date, minimum 5 trading days) payouts while Phoenix Trader Funding offers Bi-Weekly payouts. Payout speed can be an important factor when choosing a prop firm.
Are CypherTicks and Phoenix Trader Funding legit?
Both firms have been independently verified by PropFirmMap. CypherTicks holds a B safety grade and a 4.3/5 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, CypherTicks 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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