Phoenix Trader Funding Challenges and Prices

Futures firm with four lines: Classic, Daily, Spark and a no-evaluation Merit review.

3.7/5 our ratingReviewed by PickMyFirmUpdated Oct 28, 2026

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Updated Oct 27, 2026 · No published end date

Phoenix Trader Funding challenge prices and account sizes

Every plan and account size, with limits turned into dollars so you know exactly how much room you have. Use code SCOUT at checkout; the firm shows your price with the code before you pay.

Classic

1-stepTrailing (end of day)Up to 90% splitMin 2 days

Renews every 30 days; each renewal earns a free reset coupon. Weekly payouts after 5 winning days ($100 / $200 / $300 per day by size), $75 minimum, 90% split.

Account	Price / month	Profit target	Daily loss	Max loss	Cost per $1K
$25K	$89	$1,500	None	$1,500	$3.56
$50K	$128	$3,000	None	$2,000	$2.56
$100K	$269	$6,000	None	$3,000	$2.69

Trailing (end of day): Your loss limit follows your highest end-of-day balance. Swings during the day don't move it. Targets 6%, daily loss none, max loss 4%.

Daily

1-stepTrailing (end of day)Up to 80% splitMin 2 days

Paid every trading day but each green day matures for 3 trading days first (5 for a windfall day); payout caps $200 / $500 / $1,000 per day, $1,000 per day per trader in total. Reset fee is $59 / $114 / $189 in the site price feed (not stated in the FAQ). Daily accounts run on Phoenix's own TFeed only.

Account	Price / month	Profit target	Daily loss	Max loss	Cost per $1K
$10K	$99	$600	None	$600	$9.90
$25K	$199	$1,500	None	$1,500	$7.96
$50K	$329	$3,000	None	$2,000	$6.58

Trailing (end of day): Your loss limit follows your highest end-of-day balance. Swings during the day don't move it. Targets 6%, daily loss none, max loss 4%.

Spark

1-stepTrailing (end of day)Up to 90% splitMin 1 days

Paid once; $29 activation fee is charged only after passing. Funded stage has a 30% consistency rule and a real-time trailing drawdown; bi-weekly payouts, $400 cap per payout on 25K. Spark 50K is closed to new buyers.

Account	Price	Activation fee	Profit target	Daily loss	Max loss	Cost per $1K
$10K	$44	$29	$600	None	$400	$7.30
$25K	$74	$29	$1,500	None	$1,000	$4.12

Trailing (end of day): Your loss limit follows your highest end-of-day balance. Swings during the day don't move it. Targets 6%, daily loss none, max loss 4%.