Phoenix Trader Funding - Futures Prop Firm Details
What matters
Verified Oct 2026- Drawdown
- End-of-day trailing · Balance based · Static
- Consistency rule
- Depends on programme
- Live-account transition
- Classic and Spark: after 4 payouts and risk approval. Daily: based on total payouts. Merit: after review. Other funded accounts become dormant on transfer.
News trading
AllowedWeekend holding
Depends on programmeAllowed: Phoenix Labs — Nocturne 25K. Not allowed: Classic — TFeed, Classic — dxFeed, Daily, Spark, Merit, Phoenix Labs — Instant 10K, Phoenix Labs — Blueprint 25K, Phoenix Labs — Incentive $10K Pay-on-Pass, Phoenix Labs — Bedrock $25K Static.
Overnight holding
Depends on programmeAllowed: Phoenix Labs — Nocturne 25K. Not allowed: Classic — TFeed, Classic — dxFeed, Daily, Spark, Merit, Phoenix Labs — Instant 10K, Phoenix Labs — Blueprint 25K, Phoenix Labs — Incentive $10K Pay-on-Pass, Phoenix Labs — Bedrock $25K Static.
EAs / bots
Not allowedCopy trading
AllowedConsistency rule
Depends on programmeApplies: Classic — TFeed, Classic — dxFeed, Daily, Spark. None: Merit, Phoenix Labs — Instant 10K, Phoenix Labs — Blueprint 25K, Phoenix Labs — Incentive $10K Pay-on-Pass, Phoenix Labs — Bedrock $25K Static.
Classic — TFeed · Funded
Source- Profitable days required
- 5
- Buffer / safety net
- Required; amount depends on account size
- Processing time
- Transfer sent within 24 hours after approval
Spark · Funded
Source- Profitable days required
- 5
- Buffer / safety net
- No buffer
Merit · Funded
Source- Buffer / safety net
- No buffer
No counted-day requirement; simulated-stage payouts are not available.
Phoenix Trader Funding: quick answers
It depends on the programme: Classic — TFeed 90%; Classic — dxFeed 90%; Daily 80%; Spark 90%; Merit 80%; Phoenix Labs — Instant 10K 90%; Phoenix Labs — Blueprint 25K 90%; Phoenix Labs — Incentive $10K Pay-on-Pass 100%.
Phoenix Trader Funding supports Odin, Quantower and Rithmic.
Yes. Phoenix Trader Funding allows news trading.
It depends on the programme. Allowed: Phoenix Labs — Nocturne 25K. Not allowed: Classic — TFeed, Classic — dxFeed, Daily, Spark, Merit, Phoenix Labs — Instant 10K, Phoenix Labs — Blueprint 25K, Phoenix Labs — Incentive $10K Pay-on-Pass, Phoenix Labs — Bedrock $25K Static.
It depends on the programme. Allowed: Phoenix Labs — Nocturne 25K. Not allowed: Classic — TFeed, Classic — dxFeed, Daily, Spark, Merit, Phoenix Labs — Instant 10K, Phoenix Labs — Blueprint 25K, Phoenix Labs — Incentive $10K Pay-on-Pass, Phoenix Labs — Bedrock $25K Static.
No. Phoenix Trader Funding does not allow EAs and trading bots.
Yes. Phoenix Trader Funding allows copy trading.
It depends on the programme. Applies: Classic — TFeed, Classic — dxFeed, Daily, Spark. None: Merit, Phoenix Labs — Instant 10K, Phoenix Labs — Blueprint 25K, Phoenix Labs — Incentive $10K Pay-on-Pass, Phoenix Labs — Bedrock $25K Static.