Phoenix Trader Funding

Phoenix Trader Funding is a futures proprietary trading firm offering Classic and Ascension evaluation accounts. The firm provides traders with multiple account options designed around different trading styles, including traditional trailing-drawdown accounts and Ascension accounts with no trailing drawdown.

Phoenix currently supports Rithmic as its data feed and provides access to more than 20 trading platforms. Classic accounts use an End-of-Day trailing drawdown, while Ascension accounts are designed for traders seeking a more stable drawdown structure and a progression path toward live funding.

After qualifying, traders can access pre-funded or funded accounts. Phoenix states that the first payout is available after 10 trading days on a funded account, with a minimum payout of $500 and a standard maximum payout of $2,000 per request. The firm also provides a pathway to live broker funding after traders meet its payout and performance requirements.

Firm Overview

Broker:

None

Platform:

None

Payment Methods:

None

Payout Methods:

None

Instruments and Assets

Type of Instruments:

Agricultural Futures

Bond Futures

Energy Futures

Equity Futures

FX Futures

Metals

Assets:

Futures

Consistency Rules

None

Firm Rules

Futures prop firm
Classic and Ascension accounts
Classic accounts use End-of-Day trailing drawdown
Ascension accounts have no trailing drawdown
Ascension requires at least 10 trading days to pass
Rithmic is currently the available data feed
More than 20 trading platforms are supported
Reset is available for challenges
Tier 1 news trading is prohibited from 2 minutes before to 2 minutes after the specified event
Weekend/news restrictions apply according to Phoenix's rules
Pathway toward live broker funding after meeting the firm's requirements

Payout Policy

Minimum 10 trading days for each payout request
First payout available after 10 trading days on the funded account
Standard maximum of 1 payout per month
Traders can request a second monthly payout following a manual review
Minimum payout: $500
Maximum standard payout: $2,000 per request
Account must retain at least $100 in profit after the payout
Once the payout threshold is exceeded, Phoenix states that the account is manually reviewed and the trader can be transferred to a real broker account

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