Verdict: Who Wins?
Phoenix Trader Funding
1 wins
DayTraders
4 wins
Our Pick
Best For:
DayTraders
DayTraders
DayTraders
Visual Comparison
Head-to-Head Comparison
| Phoenix Trader Funding | Metric | DayTraders |
|---|---|---|
| 7.4/10 | PFM Score | 7.9/10 ★ |
| 4.6/5 (243) | TrustPilot | 4.6/5 (434) |
| B+ | Safety Grade | B+ |
| 80% | Profit Split | 100% (Eval/Pro), 80/20 (Straight to Live) ★ |
| None on Classic/Spark evaluations; 25% Dynamic on Spark Direct $2K funded account | Daily Drawdown | Varies by plan: NONE (Trail/Static), $800-$3,250 (EOD), $1,000-$3,250 (S2L) |
| On-demand (within 48h) | Payout Frequency | Daily (S2L), 8 Qualifying Days (Eval/Pro), 10 Qualifying Days (S2F) |
| $39 | Starting Price | $30 ★ |
| Proprietary | Technology | Proprietary |
| NinjaTrader, Tradovate, Quantower, Atas, Volumetrica, Rithmic | Platforms | Trading View, Quantower, Rithmic |
| Yes | Direct Path to Funded | No |
| United States | Country | United States |
| Aug 2023 | Established | Jan 2023 |
| 6 options | Challenge Options | 18 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 | DayTraders | Savings |
|---|---|---|---|
| $25K | $39 | $30 ★ | Save $9 |
| $50K | $69 | $40 ★ | Save $29 |
| $100K | $269 | $65 ★ | Save $204 |
Phoenix Trader Funding vs DayTraders: Detailed Analysis
Phoenix Trader Funding and DayTraders are both Futures firms. DayTraders has been in business longer, established in 2023, while Phoenix Trader Funding was founded in 2023.
In terms of pricing, DayTraders is more affordable with challenges starting at $30, which is $9 less than Phoenix Trader Funding's starting price of $39. Phoenix Trader Funding offers 6 challenge options, while DayTraders offers 18.
Phoenix Trader Funding offers 80% profit split, while DayTraders offers 100% (Eval/Pro), 80/20 (Straight to Live). Phoenix Trader Funding pays out On-demand (within 48h), and DayTraders pays out Daily (S2L), 8 Qualifying Days (Eval/Pro), 10 Qualifying Days (S2F).
For trust and reputation, Phoenix Trader Funding has a 4.6/5 TrustPilot rating with 243 reviews, while DayTraders has 4.6/5 with 434 reviews. Safety grades: Phoenix Trader Funding B+, DayTraders B+.
Overall, DayTraders edges ahead winning 4 out of 5 categories we compared. However, the best choice depends on your specific needs — both firms have their strengths.
Pros & Cons
Phoenix Trader Funding
Pros
Cons
DayTraders
Pros
Cons
Active Deals & Promo Codes
Phoenix Trader Funding
DayTraders
No active deals
Frequently Asked Questions
Which is better, Phoenix Trader Funding or DayTraders?
DayTraders scores higher overall, winning 4 out of 5 comparison categories including Overall Rating, Starting Price, Profit Split. However, the best choice depends on your trading goals and priorities.
Which is cheaper, Phoenix Trader Funding or DayTraders?
DayTraders has the lower starting price at $30. Phoenix Trader Funding offers 6 challenge options starting from $39, while DayTraders offers 18 options starting from $30.
Which has better reviews, Phoenix Trader Funding or DayTraders?
Phoenix Trader Funding has a higher TrustPilot rating of 4.6/5. Phoenix Trader Funding has 243 reviews while DayTraders has 434.
Which offers a higher profit split, Phoenix Trader Funding or DayTraders?
DayTraders offers a higher maximum profit split. Phoenix Trader Funding offers 80% while DayTraders offers 100% (Eval/Pro), 80/20 (Straight to Live).
How fast do Phoenix Trader Funding and DayTraders pay out?
Phoenix Trader Funding has On-demand (within 48h) payouts while DayTraders offers Daily (S2L), 8 Qualifying Days (Eval/Pro), 10 Qualifying Days (S2F) payouts. Payout speed can be an important factor when choosing a prop firm.