Phoenix Trader Funding vs The5ers: Head-to-Head Comparison (2026)
Phoenix Trader Funding
6.8 A
Futures
The5ers
8.7 A+
CFD
Verdict: Who Wins?
Best For:
Visual Comparison
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Head-to-Head Comparison
| Phoenix Trader Funding | Metric | The5ers |
|---|---|---|
| 6.8/10 | PFM Score | 8.7/10 ★ |
| 4.6/5 (832) | TrustPilot | 4.7/5 (28,714) ★ |
| A | Safety Grade | A+ ★ |
| 78.7 B+ | Trust Score | 88.5 A ★ |
| 90% | Profit Split | Up to 100% ★ |
| 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. | Daily Drawdown | Hyper Growth: 3% daily pause / 6% stop-out. High Stakes: 5% Maximum Daily Loss / 10% Maximum Total Drawdown. |
| Bi-Weekly | Payout Frequency | Biweekly (every 14 days) |
| $39 | Starting Price | $22 ★ |
| White-Label | Technology | Proprietary |
| Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic, DeepCharts | Platforms | Trading View, MT5 |
| Yes | Direct Path to Funded | No |
| France | Country | United Kingdom |
| Aug 2023 | Established | Jan 2016 |
| 6 options | Challenge Options | 10 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 | The5ers | Savings |
|---|---|---|---|
| $25K | $39 | $39 | Same price |
| $50K | $69 ★ | $309 | Save $240 |
| $100K | $269 ★ | $545 | Save $276 |
Phoenix Trader Funding vs The5ers: Detailed Analysis
Phoenix Trader Funding and The5ers are both Futures firms. The5ers has been in business longer, established in 2016, while Phoenix Trader Funding was founded in 2023.
Pricing
In terms of pricing, The5ers is more affordable with challenges starting at $22, which is $17 less than Phoenix Trader Funding's starting price of $39. Phoenix Trader Funding offers 6 challenge options, while The5ers offers 10.
Account Sizes
On account sizing, Phoenix Trader Funding offers account sizes from $2 to $100 across 4 funding tiers, while The5ers offers account sizes from $5 to $100 across 6 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, Phoenix Trader Funding supports Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Phoenix Instant Logger, Rithmic and DeepCharts, while The5ers runs on Trading View and MT5. If you already trade on a specific platform, this can be the deciding factor between the two.
Profit Split & Payouts
Phoenix Trader Funding offers 90% profit split, while The5ers offers Up to 100%. Phoenix Trader Funding pays out Bi-Weekly, and The5ers pays out Biweekly (every 14 days).
Risk & Drawdown Rules
Risk rules are a key difference for funded traders: Phoenix Trader Funding lists its daily drawdown as "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.", while The5ers lists "Hyper Growth: 3% daily pause / 6% stop-out. High Stakes: 5% Maximum Daily Loss / 10% Maximum Total Drawdown.". Always confirm the drawdown type before buying, since a trailing rule behaves very differently from a static end-of-day one.
Payout Methods
Phoenix Trader Funding supports withdrawals via Payoneer and PayPal.
Trust & Safety
For trust and reputation, Phoenix Trader Funding has a 4.6/5 TrustPilot rating with 832 reviews, while The5ers has 4.7/5 with 28,714 reviews. Safety grades: Phoenix Trader Funding A, The5ers A+.
Who Should Choose Which
Across the use cases we scored, The5ers is the stronger choice for budget-conscious traders, maximum profit potential, trust & reputation and fast payouts.
Overall, The5ers edges ahead winning 7 out of 8 categories we compared. However, the best choice depends on your specific needs - both firms have their strengths.
Pros & Cons
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Frequently Asked Questions
Which is better, Phoenix Trader Funding or The5ers?
The5ers scores higher overall, winning 7 out of 8 comparison categories including Overall Rating, TrustPilot, Starting Price. However, the best choice depends on your trading goals and priorities.
Which is cheaper, Phoenix Trader Funding or The5ers?
The5ers has the lower starting price at $22. Phoenix Trader Funding offers 6 challenge options starting from $39, while The5ers offers 10 options starting from $22.
Which has better reviews, Phoenix Trader Funding or The5ers?
The5ers has a higher TrustPilot rating of 4.7/5. Phoenix Trader Funding has 832 reviews while The5ers has 28,714.
Which offers a higher profit split, Phoenix Trader Funding or The5ers?
The5ers offers a higher maximum profit split. Phoenix Trader Funding offers 90% while The5ers offers Up to 100%.
How fast do Phoenix Trader Funding and The5ers pay out?
Phoenix Trader Funding has Bi-Weekly payouts while The5ers offers Biweekly (every 14 days) payouts. Payout speed can be an important factor when choosing a prop firm.
Are Phoenix Trader Funding and The5ers legit?
Both firms have been independently verified by PropFirmMap. Phoenix Trader Funding holds a A safety grade and a 4.6/5 TrustPilot rating. The5ers holds a A+ safety grade and a 4.7/5 TrustPilot rating. Safety grades are based on payout history, community trust signals, and regulatory transparency.
Which is better for beginners, Phoenix Trader Funding or The5ers?
The5ers 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.
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