Phoenix Trader Funding rules
The drawdown, daily loss, consistency, payout and cost terms of 26 plans across 5 programs at Phoenix Trader Funding (evaluation and funded), each read from the firm’s own documentation and dated. Described, not ranked.
- Plans
- 26
- Programs
- 5
- Account sizes
- $2K–$100K
- Evaluations from
- $44
Drawdown styles: Static, End-of-day trailing, Intraday trailing.
Each table is one program, one row per account size. A dash means Phoenix Trader Funding did not state that rule on the pages we read — not that the rule does not exist. How to read these rules
Classic (dxFeed)
Evaluation + Funded · 3 sizes
| Account | Drawdown | Type | Locks at | Target | Max contracts | Consistency | Split | Min payout | Qualifying days | Payout cap | Buffer | Payout cadence | Price | Activation | Reset | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Evaluation | ||||||||||||||||
| $25,000 | $1,500 | End-of-day | $25,000 (start) | $1,500 | 1 | 50% | — | — | — | — | — | — | $109/mo | $0 | $109 | Source · October 6, 2026 |
| $50,000 | $2,000 | End-of-day | $50,000 (start) | $3,000 | 3 | 50% | — | — | — | — | — | — | $148/mo | $0 | $148 | Source · October 6, 2026 |
| $100,000 | $3,000 | End-of-day | $100,000 (start) | $6,000 | 6 | 50% | — | — | — | — | — | — | $289/mo | $0 | $289 | Source · October 6, 2026 |
| Funded | ||||||||||||||||
| $25,000 | $1,500 | End-of-day | $25,000 (start) | — | 1 | — | 90% | $75 | 5 days at $100+ a day | $600 | $1,500 | Weekly (first payout after 5 trading days, then every 5 trading days) | — | $0 | — | Source · October 6, 2026 |
| $50,000 | $2,000 | End-of-day | $50,000 (start) | — | 3 | — | 90% | $75 | 5 days at $200+ a day | $1,000 | $2,000 | Weekly (first payout after 5 trading days, then every 5 trading days) | — | $0 | — | Source · October 6, 2026 |
| $100,000 | $3,000 | End-of-day | $100,000 (start) | — | 6 | — | 90% | $75 | 5 days at $300+ a day | $2,000 | $3,000 | Weekly (first payout after 5 trading days, then every 5 trading days) | — | $0 | — | Source · October 6, 2026 |
Classic (TFeed)
Evaluation + Funded · 3 sizes
| Account | Drawdown | Type | Locks at | Target | Max contracts | Consistency | Split | Min payout | Qualifying days | Payout cap | Buffer | Payout cadence | Price | Activation | Reset | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Evaluation | ||||||||||||||||
| $25,000 | $1,500 | End-of-day | $25,000 (start) | $1,500 | 1 | 50% | — | — | — | — | — | — | $89/mo | $0 | $89 | Source · October 6, 2026 |
| $50,000 | $2,000 | End-of-day | $50,000 (start) | $3,000 | 3 | 50% | — | — | — | — | — | — | $128/mo | $0 | $128 | Source · October 6, 2026 |
| $100,000 | $3,000 | End-of-day | $100,000 (start) | $6,000 | 6 | 50% | — | — | — | — | — | — | $269/mo | $0 | $269 | Source · October 6, 2026 |
| Funded | ||||||||||||||||
| $25,000 | $1,500 | End-of-day | $25,000 (start) | — | 1 | — | 90% | $75 | 5 days at $100+ a day | $600 | $1,500 | Weekly (first payout after 5 trading days, then every 5 trading days) | — | $0 | — | Source · October 6, 2026 |
| $50,000 | $2,000 | End-of-day | $50,000 (start) | — | 3 | — | 90% | $75 | 5 days at $200+ a day | $1,000 | $2,000 | Weekly (first payout after 5 trading days, then every 5 trading days) | — | $0 | — | Source · October 6, 2026 |
| $100,000 | $3,000 | End-of-day | $100,000 (start) | — | 6 | — | 90% | $75 | 5 days at $300+ a day | $2,000 | $3,000 | Weekly (first payout after 5 trading days, then every 5 trading days) | — | $0 | — | Source · October 6, 2026 |
Daily
Evaluation + Funded · 3 sizes
| Account | Drawdown | Type | Locks at | Target | Max contracts | Consistency | Split | Min payout | Payout cap | Buffer | Payout cadence | Price | Activation | Reset | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Evaluation | |||||||||||||||
| $10,000 | $600 | End-of-day | $10,000 (start) | $600 | — | 50% | — | — | — | — | — | $99/mo | $0 | $59 | Source · October 6, 2026 |
| $25,000 | $1,500 | End-of-day | $25,000 (start) | $1,500 | 1 | 50% | — | — | — | — | — | $199/mo | $0 | $114 | Source · October 6, 2026 |
| $50,000 | $2,000 | End-of-day | $50,000 (start) | $3,000 | 3 | 50% | — | — | — | — | — | $329/mo | $0 | $189 | Source · October 6, 2026 |
| Funded | |||||||||||||||
| $10,000 | $600 | End-of-day | $10,000 (start) | — | — | — | 80% | $75 | $200 | $600 | Daily (each green day matures in 3 trading days; a windfall day over 30% of profit and over $200 matures in 5) | — | $0 | — | Source · October 6, 2026 |
| $25,000 | $1,500 | End-of-day | $25,000 (start) | — | 1 | — | 80% | $75 | $500 | $1,500 | Daily (each green day matures in 3 trading days; a windfall day over 30% of profit and over $500 matures in 5) | — | $0 | — | Source · October 6, 2026 |
| $50,000 | $2,000 | End-of-day | $50,000 (start) | — | 3 | — | 80% | $75 | $1,000 | $2,000 | Daily (each green day matures in 3 trading days; a windfall day over 30% of profit and over $1,000 matures in 5) | — | $0 | — | Source · October 6, 2026 |
Merit
Evaluation + Funded · 1 size
| Account | Drawdown | Type | Max contracts | Split | Min payout | Buffer | Payout cadence | Price | Activation | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| Evaluation | ||||||||||
| $2,000 | $2,000 | Static | 2 | — | — | — | — | $69 one-time | $0 | Source · October 6, 2026 |
| Funded | ||||||||||
| $2,000 | $2,000 | — | 2 | 50% | $1 | $0 | On demand, no waiting period, up to 10 withdrawals per day | — | $0 | Source · October 6, 2026 |
Spark
Evaluation + Funded · 3 sizes
| Account | Drawdown | Type | Locks at | Target | Max contracts | Consistency | Split | Min payout | Qualifying days | Payout cap | Buffer | Payout cadence | Price | Activation | Reset | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Evaluation | ||||||||||||||||
| $10,000 | $400 | End-of-day | $10,000 (start) | $600 | 1 | — | — | — | — | — | — | — | $44 one-time | $29 | $29 | Source · October 6, 2026 |
| $25,000 | $1,000 | End-of-day | $25,000 (start) | $1,500 | 2 | — | — | — | — | — | — | — | $74 one-time | $29 | $59 | Source · October 6, 2026 |
| $50,000 | $2,000 | End-of-day | $50,000 (start) | $3,000 | 4 | — | — | — | — | — | — | — | — | $29 | — | Source · October 6, 2026 |
| Funded | ||||||||||||||||
| $10,000 | $400 | Intraday | $10,000 (start) | — | 1 | 30% | 90% | $30 | 5 days at $40+ a day | $300 | $0 | Bi-weekly (first payout after 5 trading days) | — | $29 | — | Source · October 6, 2026 |
| $25,000 | $1,000 | Intraday | $25,000 (start) | — | 2 | 30% | 90% | $75 | 5 days at $100+ a day | $400 | $0 | Bi-weekly (first payout after 5 trading days) | — | $29 | — | Source · October 6, 2026 |
| $50,000 | $2,000 | Intraday | $50,000 (start) | — | 4 | 30% | 90% | $75 | 5 days at $175+ a day | $800 | $0 | Bi-weekly (first payout after 5 trading days) | — | $29 | — | Source · October 6, 2026 |
MAV tracks these rules against your actual account
These tables are the research behind a feature. Add your evaluation or funded account to MAV and it prefills the rules for your firm and plan — including the lock point — then tracks your balance against them as you log trades, so you can see how much room you actually have left rather than working it out on a notepad. You can edit any rule that differs from your own terms.
Not affiliated. MAV by Market Mavericks is an independent journaling and analytics tool. It is not affiliated with, endorsed by, or partnered with any firm named on this page. Company and product names are the property of their respective owners and are used here only to identify whose published rules are being described.
Check the date. Every plan links to the page it was read from, with the date it was checked — here, October 6, 2026. Prop firm rules change frequently and often without notice, and firms may apply different terms to accounts opened before a change. Treat the date as part of the number and confirm anything decision-critical with the firm directly before you rely on it.
Not advice. Nothing on this page is financial, investment or trading advice, a recommendation of any firm or plan, or a statement about whether you would pass an evaluation or receive a payout. MAV does not rank these firms. Trading futures carries substantial risk of loss and is not suitable for every investor.