Your comparison
Phoenix Trader Funding vs The5ers Futures: price, cost to get funded and rules side by side. Pick an account size to compare like for like.
Key numbers at 50K
| Value | Phoenix Trader Funding | The5ers Futures |
|---|---|---|
| Evaluation price | $44 | No 10K account |
| Activation fee | $29 | No 10K account |
| Cost to get funded | $73 (eval + activation, list price) | No 10K account |
| Profit target | $600 | No 10K account |
| Max drawdown | $400 | No 10K account |
| Drawdown type | Trailing end-of-day | No 10K account |
| Daily loss limit | None | No 10K account |
| Consistency (evaluation) | 30% | No 10K account |
| Max contracts | 1 | No 10K account |
| Contracts when funded (start) | Unverified | No 10K account |
| Reset fee | Unverified | No 10K account |
| Plan | Spark Seed 10K | <span class="muted">No 10K account</span> |
| Evaluation price | $74 | $59 |
| Activation fee | $29 | None |
| Cost to get funded | $103 (eval + activation, list price) | $59 (eval + activation, list price) |
| Profit target | $1,500 | $1,500 |
| Max drawdown | $1,000 | $1,000 |
| Drawdown type | Trailing end-of-day | Trailing end-of-day |
| Daily loss limit | None | Unverified |
| Consistency (evaluation) | 30% | 40% |
| Max contracts | 2 | 2 |
| Contracts when funded (start) | Unverified | 2 |
| Reset fee | Unverified | Unverified |
| Plan | Spark Starter 25K | Day Trade 25K |
| Evaluation price | $128 | $100 |
| Activation fee | None | None |
| Cost to get funded | $128 (eval + activation, list price) | $100 (eval + activation, list price) |
| Profit target | $3,000 | $3,000 |
| Max drawdown | $2,000 | $2,000 |
| Drawdown type | Trailing end-of-day | Trailing end-of-day |
| Daily loss limit | None | Unverified |
| Consistency (evaluation) | 50% | 40% |
| Max contracts | 3 | 4 |
| Contracts when funded (start) | Unverified | 4 |
| Reset fee | $128 | Unverified |
| Plan | Growth V3 (Classic) 50K | Day Trade 50K |
| Evaluation price | $269 | $189 |
| Activation fee | None | None |
| Cost to get funded | $269 (eval + activation, list price) | $189 (eval + activation, list price) |
| Profit target | $6,000 | $6,000 |
| Max drawdown | $3,000 | $4,000 |
| Drawdown type | Trailing end-of-day | Trailing end-of-day |
| Daily loss limit | None | $2,500 |
| Consistency (evaluation) | 50% | 40% |
| Max contracts | 6 | 8 |
| Contracts when funded (start) | Unverified | 8 |
| Reset fee | $269 | Unverified |
| Plan | Scale V3 (Classic) 100K | Swing 100K |
| Evaluation price | No 150K account | $219 |
| Activation fee | No 150K account | None |
| Cost to get funded | No 150K account | $219 (eval + activation, list price) |
| Profit target | No 150K account | $9,000 |
| Max drawdown | No 150K account | $6,000 |
| Drawdown type | No 150K account | Trailing end-of-day |
| Daily loss limit | No 150K account | $3,750 |
| Consistency (evaluation) | No 150K account | 40% |
| Max contracts | No 150K account | 12 |
| Contracts when funded (start) | No 150K account | 12 |
| Reset fee | No 150K account | Unverified |
| Plan | <span class="muted">No 150K account</span> | Swing 150K |
Cost to get funded = evaluation fee (two months for monthly subscriptions) + activation fee; it assumes you pass on the first attempt and excludes data fees and resets.
Price, target and drawdown by account size
| Size | Phoenix Trader Funding | The5ers Futures |
|---|---|---|
| 10K | $44 Target $600 · Max DD $400 | – |
| 25K | $74 Target $1,500 · Max DD $1,000 | $59 Target $1,500 · Max DD $1,000 |
| 50K | $128 Target $3,000 · Max DD $2,000 | $100 Target $3,000 · Max DD $2,000 |
| 100K | $269 Target $6,000 · Max DD $3,000 | $189 Target $6,000 · Max DD $4,000 |
| 150K | – | $219 Target $9,000 · Max DD $6,000 |
Rules side by side
| Rule | Phoenix Trader Funding | The5ers Futures |
|---|---|---|
| Drawdown modelⓘ | Trailing end-of-day | Trailing end-of-day |
| Profit splitⓘ | 90/10 | 80% on all accounts and all payouts |
| Payoutsⓘ | Bi-weekly | Bi-weekly |
| Consistency ruleⓘ | 30% best-day cap | 40% best-day cap |
| Consistency when funded | 30% (payout phase) | 40% (payout phase) |
| Daily loss limitⓘ | None | Yes |
| Daily loss breach | No daily loss limit | Hard: account fails |
| Drawdown lock | Locks at the start balance (eval + funded) | Unverified |
| News tradingⓘ | Allowed | Allowed |
| News window when funded | No restriction | No restriction |
| Weekend holdingⓘ | Not allowed | Not allowed |
| Overnight holdingⓘ | Not allowed | Not allowed |
| Automation / EAs | Not allowed | Not allowed |
| Challenge steps | 1-step | 1-step |
| Evaluation time limit | No time limit | No time limit |
| Hedging | Restricted | Not allowed |
| Copy trading | Allowed | Restricted |
| Scalping | Allowed | Restricted |
| Martingale | Restricted | Unverified |
| Accounts you may hold | Unverified | 5 |
| Min. trading daysⓘ | 1 days | 1 days |
| Activation / PA feeⓘ | $0–$29 by size | None |
| Commission per round turn | ES $2.18 · MES $0.71 | Per FAQ: $5.00 standard contracts, $2.50 micros |
| Data feed feeⓘ | Included | Included |
| Reset feeⓘ | $89–$269 by size | Varies / unverified |
| Fee refund | No | Yes |
| First payout after | 5 days | 14 days |
| Payout methods | Wise, PayPal, Other | Rise, Crypto, Bank wire |
| Max payouts | 4, then After 4 payouts the account moves to Live Funded… | Unverified |
| Funded account | Simulated, then live | Simulated (per terms) |
| Payout bufferⓘ | Locked buffer $1,500 / $2,000 / $3,000 | Payout requires a funded account, >=4% profit over the initial balance and account age… |
| Contract scalingⓘ | Max contracts 1 | Fixed per size, same in evaluation and funded: 25K 2 mini/20 micro, 50K 4/40, 100K 8/80… |
| Headquarters | United States | Israel |
| Founded | 2023 | 2016 |
| Platforms | Odin (own platform), TFeed (connects to Tradovate, Rithmic, NinjaTrader and more), Thor trade copier | BlackArrow |
| Entry price | from $44 | from $59 |
| Promo code | None known | None known |
| Rules auto-checked | 2026-10-09 | 2026-10-18 |
Highlighted rows differ between firms. Green = trader-friendly, red = restrictive, “Unverified” = we could not confirm it from the firm’s public rules.