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Phoenix Trader Funding

3.3 B+
France Futures
VS

E8 Markets

2.9 A
United States CFD

Verdict: Who Wins?

Phoenix Trader Funding 4 wins
4 3
E8 Markets 3 wins
Overall Rating 3.3 vs 2.9
TrustPilot 4.6 vs 4.4
Starting Price $39 vs $46
Profit Split Up to 100% vs 80% (can scale higher)
Safety Grade A vs B+
Challenge Variety 26 vs 6 options
Platform Choice 11 vs 3 platforms

Best For:

Budget-conscious traders Phoenix Trader Funding
Maximum profit potential E8 Markets
Trust & reputation Phoenix Trader Funding

Visual Comparison

Phoenix Trader Funding E8 Markets

Head-to-Head Comparison

Phoenix Trader Funding Metric E8 Markets
3.3/10 PFM Score 2.9/10
4.6/5 (244) TrustPilot 4.4/5 (3,228)
B+ Safety Grade A
80% (can scale higher) Profit Split Up to 100%
None (Classic/Spark), 25% Dynamic (Merit) Daily Drawdown EOD (Signature) / Dynamic (E8 One)
Bi-weekly Payout Frequency Bi-weekly (14 Days)
$39 Starting Price $45.60
Proprietary Technology Proprietary
R | Trader Pro, Quantower, Atas, MotiveWave, Bookmap, Investor/RT, Jigsaw, MultiCharts, Sierra Chart, Trade Navigator, Phoenix Instant Logger Platforms cTrader, Match Trader, TradeLocker
Yes Direct Path to Funded Yes
France Country United States
Aug 2023 Established Nov 2021
6 options Challenge Options 26 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 E8 Markets Savings
$25K $39 $110 Save $71
$50K $69 $166 Save $97
$100K $269 $286 Save $17

Phoenix Trader Funding vs E8 Markets: Detailed Analysis

Phoenix Trader Funding and E8 Markets are both Futures firms. E8 Markets 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 $7 less than E8 Markets's starting price of $46. Phoenix Trader Funding offers 6 challenge options, while E8 Markets offers 26.

Phoenix Trader Funding offers 80% (can scale higher) profit split, while E8 Markets offers Up to 100%. Phoenix Trader Funding pays out Bi-weekly, and E8 Markets pays out Bi-weekly (14 Days).

For trust and reputation, Phoenix Trader Funding has a 4.6/5 TrustPilot rating with 244 reviews, while E8 Markets has 4.4/5 with 3,228 reviews. Safety grades: Phoenix Trader Funding B+, E8 Markets A.

This is a close matchup with Phoenix Trader Funding winning 4 and E8 Markets winning 3 of the categories we compared. The right choice depends on what matters most to you as a trader.

Pros & Cons

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
E8 Markets
Pros
Configurable profit split (80-100%), Multiple platforms (Match Trader, cTrader, TradeLocker)
Cons
Limited EA Use, 35% consistency rule on performance accounts

Active Deals & Promo Codes

Phoenix Trader Funding
30% off every challenge but Merit Accounts
E8 Markets
5% Off for all the challenges

Frequently Asked Questions

Which is better, Phoenix Trader Funding or E8 Markets?

Both firms are competitive. Phoenix Trader Funding wins in 4 categories while E8 Markets wins in 3. The best choice depends on what you prioritize: pricing, profit split, trust ratings, or payout speed.

Which is cheaper, Phoenix Trader Funding or E8 Markets?

Phoenix Trader Funding has the lower starting price at $39. Phoenix Trader Funding offers 6 challenge options starting from $39, while E8 Markets offers 26 options starting from $46.

Which has better reviews, Phoenix Trader Funding or E8 Markets?

Phoenix Trader Funding has a higher TrustPilot rating of 4.6/5. Phoenix Trader Funding has 244 reviews while E8 Markets has 3,228.

Which offers a higher profit split, Phoenix Trader Funding or E8 Markets?

E8 Markets offers a higher maximum profit split. Phoenix Trader Funding offers 80% (can scale higher) while E8 Markets offers Up to 100%.

How fast do Phoenix Trader Funding and E8 Markets pay out?

Phoenix Trader Funding has Bi-weekly payouts while E8 Markets offers Bi-weekly (14 Days) payouts. Payout speed can be an important factor when choosing a prop firm.