Phoenix Trader Funding
3.3 B+
Futures
Traders Launch
2.4 B+
Futures
Verdict: Who Wins?
Phoenix Trader Funding
1 wins
Traders Launch
3 wins
Our Pick
Best For:
Traders Launch
Traders Launch
Phoenix Trader Funding
Visual Comparison
Head-to-Head Comparison
| Phoenix Trader Funding | Metric | Traders Launch |
|---|---|---|
| 3.3/10 ★ | PFM Score | 2.4/10 |
| 4.6/5 (243) | TrustPilot | 4.8/5 (62) ★ |
| B+ | Safety Grade | B+ |
| 80% (can scale higher) | Profit Split | 55% or 80% profit split ★ |
| None (Classic/Spark), 25% Dynamic (Merit) | Daily Drawdown | EOD drawdown for futures (no intraday trailing) |
| Bi-weekly | Payout Frequency | Same-day payouts |
| $39 | Starting Price | $20 ★ |
| Proprietary | Technology | White-Label |
| NinjaTrader, Tradovate, Quantower, Rithmic | Platforms | Trading View, Quantower, Volumetrica |
| Yes | Direct Path to Funded | Yes |
| United States | Country | United States |
| Aug 2023 | Established | Jan 2023 |
| 6 options | Challenge Options | 9 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 | Traders Launch | Savings |
|---|---|---|---|
| $100K | $269 | $49 ★ | Save $220 |
Phoenix Trader Funding vs Traders Launch: Detailed Analysis
Phoenix Trader Funding and Traders Launch are both Futures firms. Traders Launch has been in business longer, established in 2023, while Phoenix Trader Funding was founded in 2023.
In terms of pricing, Traders Launch is more affordable with challenges starting at $20, which is $19 less than Phoenix Trader Funding's starting price of $39. Phoenix Trader Funding offers 6 challenge options, while Traders Launch offers 9.
Phoenix Trader Funding offers 80% (can scale higher) profit split, while Traders Launch offers 55% or 80% profit split. Phoenix Trader Funding pays out Bi-weekly, and Traders Launch pays out Same-day payouts.
For trust and reputation, Phoenix Trader Funding has a 4.6/5 TrustPilot rating with 243 reviews, while Traders Launch has 4.8/5 with 62 reviews. Safety grades: Phoenix Trader Funding B+, Traders Launch B+.
Overall, Traders Launch edges ahead winning 3 out of 4 categories we compared. However, the best choice depends on your specific needs — both firms have their strengths.
Pros & Cons
Phoenix Trader Funding
Pros
Cons
Traders Launch
Pros
Active Deals & Promo Codes
Phoenix Trader Funding
Traders Launch
No active deals
Frequently Asked Questions
Which is better, Phoenix Trader Funding or Traders Launch?
Traders Launch scores higher overall, winning 3 out of 4 comparison categories including TrustPilot, Starting Price, Challenge Variety. However, the best choice depends on your trading goals and priorities.
Which is cheaper, Phoenix Trader Funding or Traders Launch?
Traders Launch has the lower starting price at $20. Phoenix Trader Funding offers 6 challenge options starting from $39, while Traders Launch offers 9 options starting from $20.
Which has better reviews, Phoenix Trader Funding or Traders Launch?
Traders Launch has a higher TrustPilot rating of 4.8/5. Phoenix Trader Funding has 243 reviews while Traders Launch has 62.
Which offers a higher profit split, Phoenix Trader Funding or Traders Launch?
Phoenix Trader Funding offers a higher maximum profit split. Phoenix Trader Funding offers 80% (can scale higher) while Traders Launch offers 55% or 80% profit split.
How fast do Phoenix Trader Funding and Traders Launch pay out?
Phoenix Trader Funding has Bi-weekly payouts while Traders Launch offers Same-day payouts payouts. Payout speed can be an important factor when choosing a prop firm.