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FuturesFrance

Phoenix Trader Funding

Explore available platforms, evaluation programs and payout rules.

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Score
6.6/10
Safety grade
A
Founded
Aug 2023
Direct funding
Available
Read full company overview
Phoenix Trader Funding offers futures traders funded accounts through three distinct programs. Classic accounts use a monthly subscription model with trailing EOD drawdown from highest balance, 90% profit split, and bi-weekly payouts. Spark accounts feature a lower monthly subscription plus a $29 one-time activation fee with all strategies allowed and 30% consistency rule when funded. Merit is a one-time challenge program on a $2K account powered by EdgeClear, featuring a 50/50 profit split until the challenge fee is recouped then 80/20 for life. Trading platforms include NinjaTrader, Tradovate, Rithmic, TradingView, Odin, Quantower, Atas, Volumetrica, DeepCharts, and Phoenix Instant Logger.
Profit split90%
PayoutsBi-Weekly

Platforms

Trading platforms supported by Phoenix Trader Funding.

Trading View

Trading platform supported by this firm.

NinjaTrader

Trading platform supported by this firm.

Tradovate

Fast futures execution and charting.

Quantower

Trading platform supported by this firm.

Atas

Trading platform supported by this firm.

dxFeed

Trading platform supported by this firm.

Volumetrica

Trading platform supported by this firm.

Rithmic

Trading platform supported by this firm.

DeepCharts

Trading platform supported by this firm.

Phoenix Instant Logger

Trading platform supported by this firm.

Programs & evaluation

Choose from a range of evaluation programs with flexible profit splits and trading conditions.

Profit split
90%
Programs & evaluation
Multiple programs (see official website)

Daily Seed

Account size
$10K
Profit target
600
Drawdown model
eod

Spark Seed

Account size
$10K
Profit target
600
Drawdown model
eod
View all 12 programs

Classic Starter

Account size
$25K
Profit target
$1,500
Drawdown model
eod

Spark Starter

Account size
$25K
Drawdown model
eod

Daily Starter

Account size
$25K
Profit target
1500
Drawdown model
eod

Classic Growth

Account size
$50K
Profit target
$3,000
Drawdown model
eod

Daily Growth

Account size
$50K
Profit target
3000
Drawdown model
eod

Classic Scale

Account size
$100K
Profit target
$6,000
Drawdown model
eod

Merit

Account size
$2K
Drawdown model
Static

Labs Instant 10K

Account size
10000
Drawdown model
eod

Labs Incentive 10K Pay-on-Pass

Account size
10000
Profit target
$600
Drawdown model
eod

Labs Bedrock 25K Static

Account size
25000
Profit target
$2,000
Drawdown model
eod

Payouts & rules

Get paid bi-weekly with a variety of methods and clear rules.

Payouts & payments
Multiple options (see official website)
Payouts
Bi-Weekly
Payout rules
Notes
Classic: max per payout $600/$1,000/$2,000 by size; 90% split; live funding after 4 payouts ($1,250/$2,500/$3,500); min profit/day $100/$200/$300. Spark: max per payout $400/$800 by size; 80% split; 30% consistency funded; live funding after 4 payouts ($1,000/$1,500); min profit/day $100/$175. Both: min payout $75, no buffer, bi-weekly, 5 days to first payout.
On Demand
No
Profit split
90% (Classic) / 80% (Spark)
Max Withdrawal
600
Min Withdrawal
75
Proof Required
No
Buffer Required
None
Processing Time
Below 48h from request to funds in bank account
Payouts
Bi-Weekly
First Payout Days
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
Consistency For Payout
None (Classic) / 30% (Spark funded)
Min 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
Max 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
Min 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
Drawdown Type Funded
Trailing EOD
News Trading Allowed
Allowed
Drawdown Model Funded
eod
Ea Automation Allowed
Not allowed
Prohibited Strategies
HFT/EA/scalping bots; hedging between accounts; flipping; 1-tick trading on bonds (ZB, ZN, ZS) on funded accounts.
Consistency Rule Funded
30% (Spark funded accounts)
Drawdown Type Challenge
Trailing EOD
Drawdown Model Challenge
eod
Overnight Holding Allowed
Not allowed
Consistency Rule Challenge
50%

What stands out

Published advantages and trade-offs to review before choosing a program.

Key benefits

Three funded account programs: Classic (subscription-based, 90% profit split), Spark (lower-cost subscription with $29 one-time activation, all strategies allowed), and Merit (one-time $2K challenge with 50/80 profit split structure). No daily drawdown limit on Classic and Spark programs. Multiple platform choices including NinjaTrader, Tradovate, Rithmic, TradingView, Odin, Quantower, Atas, and Volumetrica. Bi-weekly payouts via PayPal and Payoneer.

Things to consider

Classic and Spark programs require ongoing monthly subscription fees that continue while subscribed. Spark accounts require a $29 one-time activation fee at signup. Trailing EOD drawdown on Classic and Spark tracks from highest account balance. Merit program limited to $2K account size with EdgeClear broker only.

Bring the decision into focus

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.

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