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Phoenix Trader Funding

7.4 B+
United States Futures
VS

DayTraders

7.9 B+
United States Futures
Key Differences
Split 80% vs 100% Price $39 vs $30

Verdict: Who Wins?

Phoenix Trader Funding 1 wins
1 4
DayTraders 4 wins Our Pick
Overall Rating 7.9 vs 7.4
TrustPilot Both 4.6
Starting Price $30 vs $39
Profit Split 100% (Eval/Pro), 80/20 (Straight to Live) vs 80%
Safety Grade Both B+
Challenge Variety 18 vs 6 options
Platform Choice 6 vs 3 platforms

Best For:

Budget-conscious traders DayTraders
Maximum profit potential DayTraders
Fast payouts DayTraders

Visual Comparison

Phoenix Trader Funding DayTraders

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
No daily drawdown on Classic accounts; free monthly reset coupon; proprietary Odin platform; PayPal/Payoneer payouts within 48h; unlimited free practice accounts
Cons
Trailing EOD drawdown can be restrictive; 50% consistency rule on Classic evaluation
DayTraders
Pros
Keep up to 100% of profits on Eval/Pro accounts (no profit split), automated payout approval, ONYX browser-based platform with TradingView charts + Rithmic data, 2-day pass evaluations on Trail/EOD/Static, 15 funded Pro accounts allowed, FREE real-time data fees, Straight-to-Funded (S2F) and Straight-to-Live (S2L) tracks, 100+ countries supported, no scaling rules.
Cons
Futures-only (CME/COMEX/NYMEX/CBOT) — no forex/CFD/stocks/crypto, all trading is simulated for Eval/Pro accounts (only S2L offers real live execution), $130 one-time Pro Activation Fee after passing, 8-day payout cycle on Pro is slower than daily-payout competitors, 50% consistency rule on evaluation phase (30% on Pro), only Rithmic data feed supported, S2L profit split is 80/20 (not 100%).

Active Deals & Promo Codes

Phoenix Trader Funding
30% OFF 30% off every challenge but Merit Accounts
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.