Phoenix Trader Funding
3.3 B+
Futures
Elite Trader Funding
3.7 B+
Futures
Verdict: Who Wins?
Phoenix Trader Funding
1 wins
Elite Trader Funding
5 wins
Our Pick
Best For:
Elite Trader Funding
Elite Trader Funding
Phoenix Trader Funding
Elite Trader Funding
Visual Comparison
Head-to-Head Comparison
| Phoenix Trader Funding | Metric | Elite Trader Funding |
|---|---|---|
| 3.3/10 | PFM Score | 3.7/10 ★ |
| 4.6/5 (243) ★ | TrustPilot | 3.9/5 (1,067) |
| B+ | Safety Grade | B+ |
| 80% (can scale higher) | Profit Split | Up to 100% ★ |
| None (Classic/Spark), 25% Dynamic (Merit) | Daily Drawdown | Static, EOD, or Trailing (varies by plan) |
| Bi-weekly | Payout Frequency | Same Day |
| $39 | Starting Price | $37.50 ★ |
| Proprietary | Technology | Proprietary |
| NinjaTrader, Tradovate, Quantower, Rithmic | Platforms | Trading View, NinjaTrader, Tradovate, Quantower, MotiveWave, Bookmap, Sierra Chart, Rithmic |
| Yes | Direct Path to Funded | Yes |
| United States | Country | United States |
| Aug 2023 | Established | Feb 2022 |
| 6 options | Challenge Options | 13 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 | Elite Trader Funding | Savings |
|---|---|---|---|
| $50K | $69 | $58 ★ | Save $11 |
| $100K | $269 | $38 ★ | Save $232 |
Phoenix Trader Funding vs Elite Trader Funding: Detailed Analysis
Phoenix Trader Funding and Elite Trader Funding are both Futures firms. Elite Trader Funding has been in business longer, established in 2022, while Phoenix Trader Funding was founded in 2023.
In terms of pricing, Elite Trader Funding is more affordable with challenges starting at $38, which is $2 less than Phoenix Trader Funding's starting price of $39. Phoenix Trader Funding offers 6 challenge options, while Elite Trader Funding offers 13.
Phoenix Trader Funding offers 80% (can scale higher) profit split, while Elite Trader Funding offers Up to 100%. Phoenix Trader Funding pays out Bi-weekly, and Elite Trader Funding pays out Same Day.
For trust and reputation, Phoenix Trader Funding has a 4.6/5 TrustPilot rating with 243 reviews, while Elite Trader Funding has 3.9/5 with 1,067 reviews. Safety grades: Phoenix Trader Funding B+, Elite Trader Funding B+.
Overall, Elite Trader Funding edges ahead winning 5 out of 6 categories we compared. However, the best choice depends on your specific needs — both firms have their strengths.
Pros & Cons
Phoenix Trader Funding
Pros
Cons
Elite Trader Funding
Pros
Cons
Active Deals & Promo Codes
Phoenix Trader Funding
Elite Trader Funding
Frequently Asked Questions
Which is better, Phoenix Trader Funding or Elite Trader Funding?
Elite Trader Funding scores higher overall, winning 5 out of 6 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 Elite Trader Funding?
Elite Trader Funding has the lower starting price at $38. Phoenix Trader Funding offers 6 challenge options starting from $39, while Elite Trader Funding offers 13 options starting from $38.
Which has better reviews, Phoenix Trader Funding or Elite Trader Funding?
Phoenix Trader Funding has a higher TrustPilot rating of 4.6/5. Phoenix Trader Funding has 243 reviews while Elite Trader Funding has 1,067.
Which offers a higher profit split, Phoenix Trader Funding or Elite Trader Funding?
Elite Trader Funding offers a higher maximum profit split. Phoenix Trader Funding offers 80% (can scale higher) while Elite Trader Funding offers Up to 100%.
How fast do Phoenix Trader Funding and Elite Trader Funding pay out?
Phoenix Trader Funding has Bi-weekly payouts while Elite Trader Funding offers Same Day payouts. Payout speed can be an important factor when choosing a prop firm.