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๐ŸŸขSummary

Phoenix Trader Funding: Excellent Standing โ€” New Firm

rated 4.6/5 on Trustpilot with 243+ reviews. up to $300k funded (3 accounts). up to 90% profit split.

Jun 23, 2026
Score 77
Trustpilot 4.6
Last reviewed: Jun 22, 2026
Recently changed: Jun 22, 2026
Phoenix Trader Funding logo

Phoenix Trader Funding Review 2026

๐Ÿ’ฐ Transparent Payouts

Futures prop firm with Classic, Spark, and Merit programs, dxFeed/Thor market-data options, bi-weekly payouts, no activation fee on core listed packages. Comes with a full ecosystel of tools (trade copier, trading software, trade journal, ...).

Data freshness: PropScorer last refreshed this profile on Jun 22, 2026 from tracked firm, health, payout, or alert data.

Our Take

โ€œPhoenix Trader Funding is a structured new futures entrant with attractive pricing, Classic/Spark variety, and useful public package data. The score is intentionally conservative: the firm is young, payout history is still thin, and cheap plans plus 90% split should not outweigh the lack of long-cycle operating proof yet.โ€

Pros

  • โœ“Good Trustpilot rating (4.6/5, 243 reviews)
  • โœ“Affordable entry (from $39 with promos)
  • โœ“Only 1 minimum trading day(s)
  • โœ“No consistency rule
  • โœ“News trading allowed in funded phase

Cons

  • โœ—New firm (founded 2026) โ€” limited track record
  • โœ—No verified payout data yet

๐Ÿ’ฐ Max Funded

$300,000

3 accounts ร— $100,000

3

Max Accounts

$100k

Largest Account

โšก Payouts

Payout Speed14 business days
Min Days to First Payout5 days
Daily PayoutsโŒ No
Profit Split90%

Payout Methods

Payoneer
PayPal

Active Promo Codes

-30%

30% off Classic accounts on TFeed

โฐ

Trading Rules

Funding Type
Evaluation
Instant Funding
One Day Passโœ… Yes
DCA (Average Entries)โœ… Allowed
Micro Scalping (<15s)โœ… Allowed
Bots / AutomationโŒ Not allowed
VPN Usageโœ… Allowed
HedgingโŒ Not allowed
Business Trading (LLC)โœ… Allowed
Flippingโœ… Allowed
News Trading (Eval)โœ… Allowed
News Trading (Funded)โœ… Allowed
Move to Live (Real Capital)โœ… Yes
DLL Rule (Funded)No DLL restriction

Trading Platforms

Data Feeds

dxFeed
TFeed

Trading Software

Atas
Quantower
Ninjatrader

Instrument Coverage

NQ
ES
MNQ
MES
YM
RTY
CL
GC

Rule Change History

Last reviewedJun 22, 2026

PropScorer reviewed Phoenix Trader Funding's score, trust, payout, and rule data.

View all PropScorer changes โ†’

Score Breakdown

PropScore

Value for the trader

โšกGood value
PriceSplitAccountsTrustRulesEditorial
77score
Best Price (50K) (15%)96% +14.4
Profit Split (12%)67% +8.0
Health Score (25%)76% +19.0
Editorial & Data Quality (30%)74% +22.2
Min Trading Days (7%)97% +6.8
Trading Platforms (6%)100% +6.0
Max Accounts (5%)15% +0.8

Scores are calculated algorithmically from public data. No firm pays for ranking position.

Health Score

Health Score

Composite stability + trust signal

โ†’Stable
TrustpilotReviewsAgeTransparencyTrendRisk
76health
Trustpilot Score (30%)90% +27.0
Review Volume (15%)64% +9.7
Firm Age (20%)20% +4.0
Payout Transparency (15%)100% +15.0
Review Trend (10%)60% +6.0
Complaint Risk (10%)70% +7.0

Health score blends trust, transparency, and longevity. Updates after each data refresh.

Trust & Payouts

โœ… Payout Feed
โœ… Community Proofs
92/ 100Trustpilot 4.6 / 5.0

3

Total Payouts

$0M

Total Paid

$84K

Avg Payout

Plans & Rules

Account type
Account size
Phoenix Trader Funding
Classic Starter 25K
Spark Starter 25K
Classic Growth 50K
Spark Growth 50K
Classic Scale 100K
โ–ผ๐Ÿ’ฐ Pricing
Challenge Fee
$62
$89
$27
$39
$90
$128
$48
$69
$188
$269
Billing/month/month/month/month/month
Activation FeeFree$29Free$29Free
Total Cost
$62
$89
$56
$68
$90
$128
$77
$98
$188
$269
โ–ผ๐Ÿ“ Challenge Phase
Profit Target$1,500 (6%)$1,500 (6%)$3,000 (6%)$3,000 (6%)$6,000 (6%)
Drawdown TypeTrailingTrailingTrailingTrailingTrailing
Max Drawdown$1,500 (6%)$1,000 (4%)$2,000 (4%)$2,000 (4%)$3,000 (3%)
One Day PassโŒโŒโŒโŒโŒ
News Tradingโœ…โœ…โœ…โœ…โœ…
Consistency Rule50%None50%None50%
Min Trading Days21212
Min Profit Days2d (โ€”+)1d (โ€”+)2d (โ€”+)1d (โ€”+)2d (โ€”+)
Rules / NotesClassic package via public API: $25K, $1,500 target, $1,500 trailing drawdown, no daily drawdown, 2 min trading days, 50% evaluation consistency.Spark package via public API: $25K, $1,500 target, $1,000 trailing drawdown, no daily drawdown, 1 min trading day, no eval consistency value listed.Classic package via public API: $50K, $3,000 target, $2,000 trailing drawdown, no daily drawdown, 2 min trading days, 50% evaluation consistency.Spark package via public API: $50K, $3,000 target, $2,000 trailing drawdown, no daily drawdown, 1 min trading day, no eval consistency value listed.Classic package via public API: $100K, $6,000 target, $3,000 trailing drawdown, no daily drawdown, 2 min trading days, 50% evaluation consistency.
โ–ผ๐Ÿ’ผ Funded Phase
Drawdown TypeStaticStaticStaticStaticStatic
Max Drawdown$1,500 (6%)$1,000 (4%)$2,000 (4%)$2,000 (4%)$3,000 (3%)
DLL RuleNo DLL restrictionNo DLL restrictionNo DLL restrictionNo DLL restrictionNo DLL restriction
News Tradingโœ…โœ…โœ…โœ…โœ…
Consistency RuleNoneNoneNoneNoneNone
Min Trading Days55555
Min Profit Days5d ($100+)5d ($100+)5d ($200+)5d ($175+)5d ($300+)
Buffer RequiredNoNoNoNoNo
โ–ผ๐Ÿ’ธ Payouts
Profit Split90%80%90%80%90%
Daily PayoutsโŒโŒโŒโŒโŒ
Min Payout$75$75$75$75$75
Max Payout$600$400$1,000$800$2,000
Payout Scheduleโ€”โ€”โ€”โ€”โ€”
Payout FeeFreeFreeFreeFreeFree
ConditionsBi-weekly payouts; $75 minimum; $600 max payout listed; live funding after 4 payouts at $1,250 according to public API.Bi-weekly payouts; $75 minimum; $400 max payout listed; live funding after 4 payouts at $1,000 according to public API.Bi-weekly payouts; $75 minimum; $1,000 max payout listed; live funding after 4 payouts at $2,000 according to public API.Bi-weekly payouts; $75 minimum; $800 max payout listed; live funding after 4 payouts at $1,500 according to public API.Bi-weekly payouts; $75 minimum; $2,000 max payout listed; live funding after 4 payouts at $3,500 according to public API.
Challenge RefundโŒโŒโŒโŒโŒ
โ–ผโš™๏ธ General
NotesSource: Phoenix public packages API, 2026-04-27. Price varies by market-data provider: $89-$109.Source: Phoenix public packages API, 2026-04-27.Source: Phoenix public packages API, 2026-04-27. Price varies by market-data provider: $128-$148.Source: Phoenix public packages API, 2026-04-27.Source: Phoenix public packages API, 2026-04-27. Price varies by market-data provider: $269-$289.
Editorial review available

Use the review page for verdict, trust context, trader fit, and a more opinionated read on Phoenix Trader Funding.

Read our full review โ†’

Frequently asked questions about Phoenix Trader Funding

Is Phoenix Trader Funding legit?

Yes. Phoenix Trader Funding has a strong Trustpilot rating of 4.6/5 and a Health Score of 76/100 on PropScorer, indicating a reliable and well-regarded prop firm.

How much does Phoenix Trader Funding cost?

Phoenix Trader Funding challenge fees start from $27 for a 25K account. Use code JUNE for 30% off.

What is the Phoenix Trader Funding profit split?

Phoenix Trader Funding offers up to 90% profit split on funded accounts.

What drawdown type does Phoenix Trader Funding use?

Phoenix Trader Funding offers a choice of trailing drawdown, static drawdown depending on the selected plan and account phase.

Does Phoenix Trader Funding allow news trading?

Yes, Phoenix Trader Funding allows news trading.

Does Phoenix Trader Funding allow DCA (averaging down)?

Yes, Phoenix Trader Funding allows DCA strategies.

Does Phoenix Trader Funding allow trading bots?

No, Phoenix Trader Funding does not allow automated trading bots or EAs.

Last updated: June 23, 2026 ยท Data refreshed automatically