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Phoenix Trader Funding Spark Rules 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
All Phoenix Trader Funding challenges /
Spark
1-stepPaid 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.
How it works
- 1
Evaluation
Make 6% profit without losing more than 4% overall, trading on at least 1 days.
- 2
Funded
Keep following the same loss limits. You keep up to 90% of the profit.
Every account size
| 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.