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CypherTicks vs Phoenix Trader Funding: Head-to-Head Comparison (2026)

CypherTicks

5.0 B
United Kingdom Futures
VS

Phoenix Trader Funding

6.8 A
France Futures
Key Differences
Safety B vs A Payouts On-Demand vs Bi-Weekly Price $69 vs $39

Verdict: Who Wins?

CypherTicks 0 wins
0 - 6
Phoenix Trader Funding 6 wins Decisive Win
Overall Rating 6.8 vs 5.0 Decisive
TrustPilot 4.6 vs 4.3 Clear
Starting Price $39 vs $69 Decisive
Profit Split Both 90% Tie
Safety Grade A vs B Clear
Trust Score 83.6/100 vs 52.1/100 Decisive
Platform Choice 10 vs 2 platforms Decisive

Best For:

Budget-conscious traders Phoenix Trader Funding
Trust & reputation Phoenix Trader Funding
Fast payouts CypherTicks

Visual Comparison

CypherTicks Phoenix Trader Funding

Save 30% on Phoenix Trader Funding today

CODE PFMAP from $39
Save 30% Now Verified deal

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

CypherTicks
Pros
90/10 profit split on all funded accounts; no activation fee on CypherOne; news trading fully allowed with no blackout windows; copy trading allowed via DeepCharts; no minimum trading days and no time limit on the CypherOne evaluation; payouts processed within 24 business hours or less via Rise or direct crypto; straight-to-funded CypherInstant option with no evaluation.
Cons
CypherOne is a recurring monthly subscription; if it lapses the evaluation account is closed and all progress and profit are lost. Profit from trades closed under 10 ticks or under 60 seconds is deducted while losses always count. Bots, AI and fully automated systems are prohibited. No overnight holds: all positions are liquidated at 3:15 PM CST. A 10-day inactivity rule closes accounts. CypherInstant accounts cannot be reset and carry a stricter 20% consistency rule. All purchases are final.
Phoenix Trader Funding
Pros
Three funded account programs: Classic (subscription-based, 90% profit split), Spark (lower-cost subscription with $29 one-time activation, all strategies allowed), and Merit (one-time $2K challenge with 50/80 profit split structure). No daily drawdown limit on Classic and Spark programs. Multiple platform choices including NinjaTrader, Tradovate, Rithmic, TradingView, Odin, Quantower, Atas, and Volumetrica. Bi-weekly payouts via PayPal and Payoneer.
Cons
Classic and Spark programs require ongoing monthly subscription fees that continue while subscribed. Spark accounts require a $29 one-time activation fee at signup. Trailing EOD drawdown on Classic and Spark tracks from highest account balance. Merit program limited to $2K account size with EdgeClear broker only.

Active Deals & Promo Codes

CypherTicks

No active deals

Phoenix Trader Funding
30% OFF 30% off every challenge but Merit Accounts
10% OFF 10% off Spark accounts. Verified live on phoenixtraderfunding.com homepage 2026-06-07 ("10% OFF on Spark Accounts, Starting at $35! ... Use This Code At Checkout JUNE").
30% OFF 30% off Classic accounts. Verified live on phoenixtraderfunding.com 2026-06-24 ("Odin got upgraded! Enjoy 30% OFF Classic Accounts! ... Use This Code At Checkout ODIN").

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.

Not sold on either? Explore alternatives

See the closest-matched prop firms ranked head-to-head against each contender, with live 2026 prices and safety grades.