Your comparison
Phoenix Trader Funding vs Traders Launch: price, cost to get funded and rules side by side. Pick an account size to compare like for like.
Key numbers at 100K
| Value | Phoenix Trader Funding | Traders Launch |
|---|---|---|
| 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 | No 25K account |
| Activation fee | $29 | No 25K account |
| Cost to get funded | $103 (eval + activation, list price) | No 25K account |
| Profit target | $1,500 | No 25K account |
| Max drawdown | $1,000 | No 25K account |
| Drawdown type | Trailing end-of-day | No 25K account |
| Daily loss limit | None | No 25K account |
| Consistency (evaluation) | 30% | No 25K account |
| Max contracts | 2 | No 25K account |
| Contracts when funded (start) | Unverified | No 25K account |
| Reset fee | Unverified | No 25K account |
| Plan | Spark Starter 25K | <span class="muted">No 25K account</span> |
| Evaluation price | $128 | No 50K account |
| Activation fee | None | No 50K account |
| Cost to get funded | $128 (eval + activation, list price) | No 50K account |
| Profit target | $3,000 | No 50K account |
| Max drawdown | $2,000 | No 50K account |
| Drawdown type | Trailing end-of-day | No 50K account |
| Daily loss limit | None | No 50K account |
| Consistency (evaluation) | 50% | No 50K account |
| Max contracts | 3 | No 50K account |
| Contracts when funded (start) | Unverified | No 50K account |
| Reset fee | $128 | No 50K account |
| Plan | Growth V3 (Classic) 50K | <span class="muted">No 50K account</span> |
| Evaluation price | $269 | $99 |
| Activation fee | None | None |
| Cost to get funded | $269 (eval + activation, list price) | $99 (eval + activation, list price) |
| Profit target | $6,000 | $2,000 |
| Max drawdown | $3,000 | $1,000 |
| Drawdown type | Trailing end-of-day | Trailing end-of-day |
| Daily loss limit | None | Unverified |
| Consistency (evaluation) | 50% | 40% |
| Max contracts | 6 | Unverified |
| Contracts when funded (start) | Unverified | Unverified |
| Reset fee | $269 | Unverified |
| Plan | Scale V3 (Classic) 100K | Legacy NYC 100K (80% split) |
| Evaluation price | No 200K account | $149 |
| Activation fee | No 200K account | None |
| Cost to get funded | No 200K account | $149 (eval + activation, list price) |
| Profit target | No 200K account | $3,000 |
| Max drawdown | No 200K account | $1,000 |
| Drawdown type | No 200K account | Trailing end-of-day |
| Daily loss limit | No 200K account | Unverified |
| Consistency (evaluation) | No 200K account | 40% |
| Max contracts | No 200K account | 1 |
| Contracts when funded (start) | No 200K account | Unverified |
| Reset fee | No 200K account | Unverified |
| Plan | <span class="muted">No 200K account</span> | Legacy NYC 200K (80% split) |
| Evaluation price | No 300K account | $279 |
| Activation fee | No 300K account | None |
| Cost to get funded | No 300K account | $279 (eval + activation, list price) |
| Profit target | No 300K account | $5,000 |
| Max drawdown | No 300K account | $2,000 |
| Drawdown type | No 300K account | Trailing end-of-day |
| Daily loss limit | No 300K account | Unverified |
| Consistency (evaluation) | No 300K account | 40% |
| Max contracts | No 300K account | 2 |
| Contracts when funded (start) | No 300K account | Unverified |
| Reset fee | No 300K account | Unverified |
| Plan | <span class="muted">No 300K account</span> | Legacy NYC 300K (80% split) |
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 | Traders Launch |
|---|---|---|
| 10K | $44 Target $600 · Max DD $400 | – |
| 25K | $74 Target $1,500 · Max DD $1,000 | – |
| 50K | $128 Target $3,000 · Max DD $2,000 | – |
| 100K | $269 Target $6,000 · Max DD $3,000 | $99 Target $2,000 · Max DD $1,000 |
| 200K | – | $149 Target $3,000 · Max DD $1,000 |
| 300K | – | $279 Target $5,000 · Max DD $2,000 |
Rules side by side
| Rule | Phoenix Trader Funding | Traders Launch |
|---|---|---|
| Drawdown modelⓘ | Trailing end-of-day | Trailing end-of-day |
| Profit splitⓘ | 90/10 | 80% |
| Payoutsⓘ | Bi-weekly | Daily payout requests when eligible |
| Consistency ruleⓘ | 30% best-day cap | 40% best-day cap |
| Consistency when funded | 30% (payout phase) | None |
| Daily loss limitⓘ | None | Unverified |
| Daily loss breach | No daily loss limit | Unverified |
| Drawdown lock | Locks at the start balance (eval + funded) | Locks at the start balance (eval + funded) |
| News tradingⓘ | Allowed | Unverified |
| News window when funded | No restriction | Unverified |
| Weekend holdingⓘ | Not allowed | Unverified |
| Overnight holdingⓘ | Not allowed | Unverified |
| Automation / EAs | Not allowed | Unverified |
| Challenge steps | 1-step | 1-step |
| Evaluation time limit | No time limit | 60 days |
| Hedging | Restricted | Not allowed |
| Copy trading | Allowed | Unverified |
| Scalping | Allowed | Allowed |
| Martingale | Restricted | Restricted |
| Accounts you may hold | Unverified | 5 |
| Min. trading daysⓘ | 1 days | 3 days |
| Activation / PA feeⓘ | $0–$29 by size | None |
| Commission per round turn | ES $2.18 · MES $0.71 | Unverified |
| Data feed feeⓘ | Included | Unverified |
| Reset feeⓘ | $89–$269 by size | Varies / unverified |
| Fee refund | No | No |
| First payout after | 5 days | Unverified |
| Payout methods | Wise, PayPal, Other | Unverified |
| Max payouts | 4, then After 4 payouts the account moves to Live Funded… | Unverified |
| Funded account | Simulated, then live | Unverified |
| Payout bufferⓘ | Locked buffer $1,500 / $2,000 / $3,000 | A buffer account opens automatically after passing |
| Contract scalingⓘ | Max contracts 1 | Premium start size 2 mini/20 micro |
| Headquarters | United States | United States |
| Founded | 2023 | Unverified |
| Platforms | Odin (own platform), TFeed (connects to Tradovate, Rithmic, NinjaTrader and more), Thor trade copier | Quantower, TradingView, Volumetrica |
| Entry price | from $44 | from $99 |
| 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.