FundedNext Futures vs Phoenix Trader Funding
Side-by-side rules, fees and payout terms. Rows with differences are highlighted; anything we could not verify is marked as such.
| Rule | FundedNext Futures | Phoenix Trader Funding |
|---|---|---|
| Drawdown modelⓘ | Trailing end-of-day | Trailing end-of-day |
| Profit splitⓘ | Flex 95%; | 90/10 |
| Payoutsⓘ | Flex funded: reward cycle every 5 days | Weekly |
| Consistency ruleⓘ | 40% best-day cap | 50% best-day cap |
| Daily loss limitⓘ | None | None |
| News tradingⓘ | Allowed | Allowed |
| Weekend holdingⓘ | Not allowed | Not allowed |
| Min. trading daysⓘ | Unverified | 2 days |
| Activation / PA feeⓘ | None | None |
| Data feed feeⓘ | Included | Unverified |
| Reset feeⓘ | $78 | Varies / unverified |
| Payout bufferⓘ | No buffer for Flex | Locked buffer $1,500 / $2,000 / $3,000 |
| Contract scalingⓘ | Flex fixed limits: 50K 3 mini/30 micro, 100K 5/50, 150K 8/80. | Max contracts 1 |
| Platforms | Tradovate, NinjaTrader, TradingView | Odin (own platform), TFeed (connects to Tradovate, Rithmic, NinjaTrader and more), Thor trade copier |
| Entry price | from $42.39 | from $62.30 / month |
| Promo code | FNFLEX (47% off) | FALL30 (30% off) |
| Last verified | 2026-10-07 | 2026-10-07 |
Highlighted rows differ between firms. Green = trader-friendly, red = restrictive, “Unverified” = we could not confirm it from the firm’s public rules.
True cost to first payout
FundedNext Futures
Rapid Pro 50K — true cost to first payout
Assumes you pass without resets and reach your first payout in about 2 months.
- Evaluation fee · with code FNFLEX (list 299.98)
- $158.99
- Activation / PA fee · none
- $0
- Data feed · included
- $0
- Total
- $158.99
Reset fee: $78. Payout buffer: No buffer for Flex ('No buffer' on site).
Phoenix Trader Funding
Growth V3 (Classic) 50K — true cost to first payout
Assumes you pass without resets and reach your first payout in about 2 months.
- Evaluation fee × 2 mo · 89.6/mo subscription, with code FALL30 (list 128)
- $179.20
- Activation / PA fee · none
- $0
- Data feed
- Unverified
- Total (known costs only)
- $179.20
Not included — unverified: data feed fee.
Reset fee: unverified / varies by size. Payout buffer: Locked buffer $1,500 / $2,000 / $3,000 (25K / 50K / 100K); minimum payout $75; max payout per request $600 / $1,000 / $2,000; account moves to EdgeClear live funding after 4 payouts.
FAQ
Does FundedNext Futures have a trailing drawdown?
FundedNext Futures uses a trailing drawdown that updates at end of day (EOD) on its main program.
Does FundedNext Futures have a consistency rule?
Yes — 40% best-day cap. Flex: 40% consistency in the challenge phase only
Is news trading allowed at FundedNext Futures?
Yes, with possible restrictions on funded accounts. Check FundedNext Futures’s current rules.
Does Phoenix Trader Funding have a trailing drawdown?
Phoenix Trader Funding uses a trailing drawdown that updates at end of day (EOD) on its main program.
Does Phoenix Trader Funding have a consistency rule?
Yes — 50% best-day cap. Classic: best day may not exceed 50% of total profit in the challenge only;
Is news trading allowed at Phoenix Trader Funding?
Yes, with possible restrictions on funded accounts. Check Phoenix Trader Funding’s current rules.