Traders Launch
2.4 B+
Futures
Phoenix Trader Funding
3.3 B+
Futures
Verdict: Who Wins?
Traders Launch
3 wins
Our Pick
Phoenix Trader Funding
1 wins
Best For:
Traders Launch
Traders Launch
Phoenix Trader Funding
Visual Comparison
Head-to-Head Comparison
| Traders Launch | Metric | Phoenix Trader Funding |
|---|---|---|
| 2.4/10 | PFM Score | 3.3/10 ★ |
| 4.8/5 (62) ★ | TrustPilot | 4.6/5 (243) |
| B+ | Safety Grade | B+ |
| 55% or 80% profit split ★ | Profit Split | 80% (can scale higher) |
| EOD drawdown for futures (no intraday trailing) | Daily Drawdown | None (Classic/Spark), 25% Dynamic (Merit) |
| Same-day payouts | Payout Frequency | Bi-weekly |
| $20 ★ | Starting Price | $39 |
| White-Label | Technology | Proprietary |
| Trading View, Quantower, Volumetrica | Platforms | NinjaTrader, Tradovate, Quantower, Rithmic |
| Yes | Direct Path to Funded | Yes |
| United States | Country | United States |
| Jan 2023 | Established | Aug 2023 |
| 9 options | Challenge Options | 6 options |
Price Comparison by Account Size
Cheapest challenge price at each account size (where both firms offer the same size)
| Account Size | Traders Launch | Phoenix Trader Funding | Savings |
|---|---|---|---|
| $100K | $49 ★ | $269 | Save $220 |
Traders Launch vs Phoenix Trader Funding: Detailed Analysis
Traders Launch and Phoenix Trader Funding 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. Traders Launch offers 9 challenge options, while Phoenix Trader Funding offers 6.
Traders Launch offers 55% or 80% profit split profit split, while Phoenix Trader Funding offers 80% (can scale higher). Traders Launch pays out Same-day payouts, and Phoenix Trader Funding pays out Bi-weekly.
For trust and reputation, Traders Launch has a 4.8/5 TrustPilot rating with 62 reviews, while Phoenix Trader Funding has 4.6/5 with 243 reviews. Safety grades: Traders Launch B+, Phoenix Trader Funding 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
Traders Launch
Pros
Phoenix Trader Funding
Pros
Cons
Active Deals & Promo Codes
Traders Launch
No active deals
Phoenix Trader Funding
Frequently Asked Questions
Which is better, Traders Launch or Phoenix Trader Funding?
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, Traders Launch or Phoenix Trader Funding?
Traders Launch has the lower starting price at $20. Traders Launch offers 9 challenge options starting from $20, while Phoenix Trader Funding offers 6 options starting from $39.
Which has better reviews, Traders Launch or Phoenix Trader Funding?
Traders Launch has a higher TrustPilot rating of 4.8/5. Traders Launch has 62 reviews while Phoenix Trader Funding has 243.
Which offers a higher profit split, Traders Launch or Phoenix Trader Funding?
Traders Launch offers a higher maximum profit split. Traders Launch offers 55% or 80% profit split while Phoenix Trader Funding offers 80% (can scale higher).
How fast do Traders Launch and Phoenix Trader Funding pay out?
Traders Launch has Same-day payouts payouts while Phoenix Trader Funding offers Bi-weekly payouts. Payout speed can be an important factor when choosing a prop firm.