Phoenix Trader Funding vs Tradeify: which prop firm is better?
Phoenix Trader Funding
Wins on 1 of 18 points
Tradeify
Wins on 4 of 18 points
Choose Phoenix Trader Funding if you care most about…
- a cheaper entry price
Choose Tradeify if you care most about…
- a higher overall rating
- more platform choices
- larger account sizes
- running bots or EAs
Overview
Our rating
3.7
3.8
Trustpilot
4.5 (260 reviews)
4.5 (6,260 reviews)
Founded
—
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Platforms
Own platform, Quantower, NinjaTrader, Tradovate, TradingView, Sierra Chart, Rithmic
NinjaTrader, Tradovate, TradingView, Rithmic, Tradesea, Quantower, Sierra Chart, WealthCharts
Cost & challenge
Cheapest plan
$44 · $10K Spark
$99 · $25K Growth
Account sizes
$10K – $100K
$25K – $150K
Evaluation types
1-step
Instant, 1-step
Drawdown
Trailing (end of day)
Trailing (end of day)
Payouts
Max profit split
90%
90%
Payout frequency
Daily
Daily
First payout after
5 days
—
Typical processing
—
24h
Payout methods
Wise, PayPal, Payoneer
Rise, Plane
Trading rules
News trading
Allowed
Allowed
Weekend holding
Not allowed
Not allowed
EAs / bots
Not allowed
Allowed
Copy trading
Allowed
Not stated
Consistency rule
Classic and Daily: best day at most 50% of profit in the challenge, none once funded. Spark: none in the challenge, 30% once funded.
Growth funded 35%; Select evaluation 40% (50% as paid add-on), Select funded none; Lightning 20% rising to 30% by payout number. Funded accounts need over 50% of trades and profit from trades held over 10 seconds.