FuturesFrance
Phoenix Trader Funding Prop Firm
Explore available platforms, evaluation programs and payout rules.
Visit official website- Score
- 6.8/10
- Safety grade
- B+
- Founded
- Aug 2023
- Direct funding
- Available
Programs & evaluation15
Choose from a range of evaluation programs with flexible profit splits and trading conditions.
Daily Seed
Subscription$10K- Profit target
- 600
- Daily loss limit
- None
- Maximum drawdown
- 600
- Profit split
- 80%
- Drawdown model
- eod
- Minimum trading days
- 2
Spark Seed
Subscription$10K- Profit target
- 600
- Maximum drawdown
- 400
- Profit split
- 90%
- Drawdown model
- eod
- Minimum trading days
- 1
Spark Starter
Subscription$25K- Maximum drawdown
- $1,000 trailing drawdown (EOD)
- Profit split
- 80%
- Drawdown model
- eod
- Minimum trading days
- 1
Program details
Subscription-funded $25K account. $29 one-time activation fee at signup. All strategies allowed. 30% consistency rule applies when funded. Trailing EOD drawdown from highest balance. Platforms: Odin, Tradovate, Rithmic, TradingView, dxFeed, NinjaTrader.
Daily Starter
Subscription$25K- Profit target
- 1500
- Maximum drawdown
- 1500
- Profit split
- 80%
- Drawdown model
- eod
- Minimum trading days
- 2
Daily Growth
Subscription$50K- Profit target
- 3000
- Maximum drawdown
- 2000
- Profit split
- 80%
- Drawdown model
- eod
- Minimum trading days
- 2
Merit
1 step$2K- Daily loss limit
- $500
- Maximum drawdown
- $2,000 static
- Profit split
- 50% until cost recouped, then 80% (adaptive)
- Drawdown model
- Static
- Minimum trading days
- 1
Program details
One-time $69 challenge fee. Up to 30 calendar days to pass (min 1, max 30). 50/50 profit split until challenge cost is recouped, then 80/20 profit split for life. No resets - one trial for the life of the account. Live funded amount $2,000. Powered by EdgeClear broker.
Labs Incentive 10K Pay-on-Pass
1 step10000- Profit target
- $600
- Maximum drawdown
- $600
- Profit split
- 100%
- Drawdown model
- eod
- Minimum trading days
- 2
Labs Bedrock 25K Static
1 step25000- Profit target
- $2,000
- Maximum drawdown
- $1,250
- Profit split
- 100%
- Drawdown model
- eod
- Minimum trading days
- 2
Labs Classic Agile 25K
1 step25000- Profit target
- 1250
- Daily loss limit
- None
- Maximum drawdown
- 1000
- Profit split
- 90%
- Drawdown model
- eod
- Minimum trading days
- 2
Program details
Up to 4 payouts at 90% split, then account reviewed to close or move to live. Payout after 5 sessions of $100+ profit each (and $500 total profit since last payout): up to 50% of profit, min $500, max $1,000, as often as weekly. No buffer, no daily drawdown, no consistency rule once funded. Lifetime payout cap $4,000.
Classic Starter
Subscription$25K- Profit target
- $1,500
- Maximum drawdown
- $1,500 trailing drawdown (EOD)
- Profit split
- 90%
- Drawdown model
- eod
- Minimum trading days
- 2
Classic Starter
Subscription$25K- Profit target
- $1,500
- Maximum drawdown
- $1,500 trailing drawdown (EOD)
- Profit split
- 90%
- Drawdown model
- eod
- Minimum trading days
- 2
Classic Growth
Subscription$50K- Profit target
- $3,000
- Maximum drawdown
- $2,000 trailing drawdown (EOD)
- Profit split
- 90%
- Drawdown model
- eod
- Minimum trading days
- 2
Classic Growth
Subscription$50K- Profit target
- $3,000
- Maximum drawdown
- $2,000 trailing drawdown (EOD)
- Profit split
- 90%
- Drawdown model
- eod
- Minimum trading days
- 2
Classic Scale
Subscription$100K- Profit target
- $6,000
- Maximum drawdown
- $3,000 trailing drawdown (EOD)
- Profit split
- 90%
- Drawdown model
- eod
- Minimum trading days
- 2
Classic Scale
Subscription$100K- Profit target
- $6,000
- Maximum drawdown
- $3,000 trailing drawdown (EOD)
- Profit split
- 90%
- Drawdown model
- eod
- Minimum trading days
- 2
Promo codes
No promo codes published for this firm yet.
Platforms
Trading View
NinjaTrader
Tradovate
Quantower
RithmicCompany overview
Payouts & rules
- Payout methods
- Multiple options (see official website)
- Payouts
- Weekly (Classic), Daily (Daily), Bi-Weekly (Spark), On Live Only (Merit)
Trading rules
Payout rules
- Notes
- Classic Starter / Growth / Scale: payout frequency weekly, min payout $75, max payout $600 / $1000 / $2000, min profit per day $100 / $200 / $300, minimum days 5, live funding amount $1250 / $2000 / $3500. Daily Seed / Starter / Growth: payout frequency daily, min payout $75, max payout per day $200 / $500 / $1000, profit unlocks after 3 daily closes. Spark Seed / Starter: payout frequency bi-weekly, min payout $30 / $75, max payout $300 / $400, min profit per day $40 / $100, live funding amount $400 / $1000. Merit: payout frequency on live only.
- On demand
- No
- Profit split
- 90% (Classic) / 80% (Spark)
- Maximum withdrawal
- 600
- Minimum withdrawal
- 75
- Proof required
- No
- Buffer required
- Classic Starter $1500, Growth $2000, Scale $3000. Daily Seed $600, Starter $1500, Growth $2000. Spark: none.
- Processing time
- Up to 2 to 3 business days for a withdrawal to be processed
- Payouts
- Bi-Weekly
- Days until first payout
- 5
- Payout schedule note
- Classic accounts: min 5 days between payouts. Min profit per day: $100 (Starter), $200 (Growth), $300 (Scale).
- Profit split scaling
- Scaling plan available
- Payout consistency rule
- None (Classic) / 30% (Spark funded)
- Minimum trading days for payout
- 5
Trading rules
- Notes
- Martingale/DCA allowed. No hedging. News trading (Tier 1) allowed. 7-day inactivity rule.
- Reset fee
- Varies per account; equals the subscription/purchase price or a portion of it (shown on the account details page).
- Reset note
- Resets allowed for Classic and Spark (unlimited). Merit cannot be reset. Free reset coupons earned on each non-missed monthly renewal, usable any time.
- Holding note
- No overnight trading on any account
- Scaling Plan
- Classic: progressive scaling, max contract size grows with profit, applies to both challenge and funded. Spark: no scaling plan, full max size from day one.
- Reset allowed
- Allowed
- Scalping note
- Manual scalping fully permitted. Scalping/HFT/EA bots strictly forbidden.
- Hedging allowed
- Not allowed
- Inactivity rule
- 7 days
- Scalping allowed
- Allowed
- Maximum position size
- Scaling-based: Classic scales by profit; Spark fixed from start (Starter $25K = 2 minis/20 micros, Growth $50K = 4 minis/40 micros); Merit based on challenge size.
- News trading note
- News trading allowed for all accounts
- Martingale allowed
- Allowed
- Minimum trade duration
- None (trades may last any duration).
- Allowed instruments
- CME/CBOT/COMEX/NYMEX futures - equity index (ES, MES, NQ, MNQ, RTY, M2K, NKD, YM, MYM), FX (6A, 6B, 6C, 6E, M6E, 6J, 6S, 6N), metals (GC, MGC, SI, HG, PL, PA, QI, QO), plus energy and ags.
- Challenge time limit
- No maximum time to complete the evaluation; subscription renews every 30 calendar days. Merit accounts: hard 30 calendar-day limit.
- Copy trading allowed
- Allowed
- Funded drawdown rules
- Trailing EOD
- News Trading Allowed
- Allowed
- Funded drawdown model
- eod
- Expert advisors allowed
- Not allowed
- Prohibited strategies
- HFT/EA/scalping bots; hedging between accounts; flipping; 1-tick trading on bonds (ZB, ZN, ZS) on funded accounts.
- Funded account consistency rule
- 30% (Spark funded accounts)
- Challenge drawdown rules
- Trailing EOD
- Weekend holding allowed
- Not allowed
- Challenge drawdown model
- eod
- Overnight holding allowed
- Not allowed
- Challenge consistency rule
- 50%
What stands out
Published advantages and trade-offs to review before choosing a program.
Key benefits
Four account lines. Classic: 90% profit split, renews every 30 days during the challenge. Daily: 80% split. Spark: 90% split, paid once with nothing to cancel, $29 one-time activation fee charged only once you pass. Merit: single $2,000 live-funded size, paid once, adaptive split of 50/50 until the capital behind the account is repaid, then 80 percent. Payouts are weekly on Classic, every trading day on Daily, bi-weekly on Spark and on the live account on Merit, through Payoneer, Wise and PayPal. No daily drawdown on Classic, Daily or Spark challenges, and none on Merit live accounts; Live Funding on the other lines has a daily drawdown limit set with you. Platforms include NinjaTrader, Tradovate, Rithmic, TradingView, Odin, Quantower, Atas and Volumetrica.
Things to consider
Classic accounts require an ongoing monthly subscription fee that continues while subscribed. Spark accounts carry a $29 activation fee. Classic drawdown trails the highest end-of-day balance; Spark drawdown does the same during the challenge but trails in real time once funded. Merit program limited to $2K account size with EdgeClear broker only.
Know the rules. Track the result.
Use a free BitStat account to build your Automated Journal from the trades you take and review the decisions behind them.
Already have an account? Log in
Your account data stays read-only.