MyFundedFutures vs Phoenix Trader Funding: which prop firm is better?
MyFundedFutures
Wins on 5 of 18 points
Phoenix Trader Funding
Wins on 4 of 18 points
Choose MyFundedFutures if you care most about…
- a higher overall rating
- a better Trustpilot score
- larger account sizes
- a faster first payout
- running bots or EAs
Choose Phoenix Trader Funding if you care most about…
- more platform choices
- a cheaper entry price
- trading the news
- copy trading
Overview
Our rating
3.8
3.7
Trustpilot
4.9 (22,628 reviews)
4.5 (260 reviews)
Founded
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Platforms
Tradovate, NinjaTrader, TradingView, Quantower, Hyperprop
Own platform, Quantower, NinjaTrader, Tradovate, TradingView, Sierra Chart, Rithmic
Cost & challenge
Cheapest plan
$75 · $5K MyFundedStudio (Studio #001-#003)
$44 · $10K Spark
Account sizes
$5K – $150K
$10K – $100K
Evaluation types
1-step
1-step
Drawdown
Trailing (end of day), Static
Trailing (end of day)
Payouts
Max profit split
90%
90%
Payout frequency
Daily
Daily
First payout after
1 days
5 days
Typical processing
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Payout methods
Rise, Bank transfer, Crypto
Wise, PayPal, Payoneer
Trading rules
News trading
Not allowed
Allowed
Weekend holding
Not stated
Not allowed
EAs / bots
Allowed
Not allowed
Copy trading
Not allowed
Allowed
Consistency rule
Rapid: 50% (evaluation only), none when funded. Rapid EOD: 30% eval. Builder: none in eval, 50% for payouts. Pro: 50% eval. Studio: none.
Classic and Daily: best day at most 50% of profit in the challenge, none once funded. Spark: none in the challenge, 30% once funded.