Phoenix Trader Funding at a glance
| Markets | Futures |
|---|---|
| Founded | 2023 |
| Headquarters | France |
| Platforms | TradingView, NinjaTrader, Tradovate, Rithmic, Quantower, ATAS, Volumetrica, DeepCharts |
| Programs | Classic, Spark, Merit, Labs |
| Account sizes | $2K–$100K |
| Cheapest challenge | $29 + $99 activation (Labs 10K pay-on-pass) = $128 all-in |
| Billing | Monthly subscription (Classic/Spark); one-time on Merit/Labs |
| Profit split | 90% |
| Payouts | Bi-weekly via PayPal or Payoneer; eligible after 5 trading days; $75 minimum |
| Drawdown | End-of-day trailing ($1,000–$3,000); no standard daily loss limit on Classic/Spark |
What we like
- Ten supported platforms
- News trading allowed
- Strong Trustpilot score
- Low $75 minimum withdrawal
Watch out for
- Subscription billing on main plans
- Per-payout caps of $300–$2,000
- Trailing drawdown
Rules worth reading twice
- No overnight positions
- No bots or HFT; manual scalping OK
- 50% consistency rule in challenges
- Hedging not allowed
Who should pick Phoenix Trader Funding
Futures traders who want the widest choice of platforms. If those points don't match how you trade, compare it with the alternatives below before paying a challenge fee.
Before you buy: prop firms change prices and rules often, and run frequent sales. The figures above reflect Phoenix Trader Funding's published terms as of October 19, 2026. Always confirm on phoenixtraderfunding.com before you pay.
Sources: Phoenix Trader Funding official website; terms as compiled by public prop-firm trackers (e.g. PropFirmMap); Trustpilot.