Traders Launch
2.7 B+
Futures
Phoenix Trader Funding
3.3 B+
Futures
Verdict: Who Wins?
Traders Launch
1 wins
Phoenix Trader Funding
4 wins
Our Pick
Best For:
Phoenix Trader Funding
Traders Launch
Traders Launch
Visual Comparison
Head-to-Head Comparison
| Traders Launch | Metric | Phoenix Trader Funding |
|---|---|---|
| 2.7/10 | PFM Score | 3.3/10 ★ |
| 4.8/5 (62) ★ | TrustPilot | 4.6/5 (244) |
| B+ | Safety Grade | B+ |
| 55% - 80% ★ | Profit Split | 80% (can scale higher) |
| EOD only — no intraday trailing. Locks at starting balance. | Daily Drawdown | None (Classic/Spark), 25% Dynamic (Merit) |
| Same-day (daily), ~6 hour processing | Payout Frequency | Bi-weekly |
| $49 | Starting Price | $39 ★ |
| White-Label | Technology | Proprietary |
| Trading View, Quantower, Volumetrica | Platforms | R | Trader Pro, Quantower, Atas, MotiveWave, Bookmap, Investor/RT, Jigsaw, MultiCharts, Sierra Chart, Trade Navigator, Phoenix Instant Logger |
| Yes | Direct Path to Funded | Yes |
| United States | Country | France |
| Jan 2023 | Established | Aug 2023 |
| 3 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, Phoenix Trader Funding is more affordable with challenges starting at $39, which is $10 less than Traders Launch's starting price of $49. Traders Launch offers 3 challenge options, while Phoenix Trader Funding offers 6.
Traders Launch offers 55% - 80% profit split, while Phoenix Trader Funding offers 80% (can scale higher). Traders Launch pays out Same-day (daily), ~6 hour processing, 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 244 reviews. Safety grades: Traders Launch B+, Phoenix Trader Funding B+.
Overall, Phoenix Trader Funding edges ahead winning 4 out of 5 categories we compared. However, the best choice depends on your specific needs — both firms have their strengths.
Pros & Cons
Traders Launch
Pros
Cons
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?
Phoenix Trader Funding scores higher overall, winning 4 out of 5 comparison categories including Overall Rating, Starting Price, Challenge Variety. However, the best choice depends on your trading goals and priorities.
Which is cheaper, Traders Launch or Phoenix Trader Funding?
Phoenix Trader Funding has the lower starting price at $39. Traders Launch offers 3 challenge options starting from $49, 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 244.
Which offers a higher profit split, Traders Launch or Phoenix Trader Funding?
Traders Launch offers a higher maximum profit split. Traders Launch offers 55% - 80% 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 (daily), ~6 hour processing payouts while Phoenix Trader Funding offers Bi-weekly payouts. Payout speed can be an important factor when choosing a prop firm.