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Classic, Spark, Daily or Merit: 4 Funded Accounts Compared

Phoenix Trader Funding · Team

Classic, Spark, Daily and Merit accounts compared by price, profit split, drawdown type and payout speed, so you know which funded account fits you.

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The CME Professional Data Fee Explained ($135 a Month)

What the CME Professional data fee is, why a funded futures account gets charged it, and the exact $135 per exchange, per month cost once you go live.

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How Many Contracts Can You Trade on a Funded Account?

Phoenix Trader Funding caps position size by account and size, from 6 micros up to 6 minis, and Classic scales the cap up in steps as profit banks in.

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Is There a Funded Trading Account With No Daily Drawdown at All?

Every funded account keeps an overall loss floor. See the one Phoenix Trader Funding account that drops the added daily drawdown rule once it goes live.

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How Much Does It Cost to Reset a Failed Prop Firm Evaluation?

Reset fees for a failed futures prop firm evaluation range from $29 to $269 by account and size. See the full Phoenix Trader Funding table and how Merit differs.

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What Happens If You Fail a $69 Merit Evaluation?

Fail a Merit evaluation and you still get a Performance Review, plus tiered rewards: a discount, a free challenge, or a $250 Thor licence.

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Does Phoenix Trader Funding Charge a Fee to Pay You Out?

No fee on Classic, Daily or Spark payouts. Merit covers fees above $500. What Payoneer, PayPal or Wise may charge instead.

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Which Funded Trading Accounts Actually Pay Out Every Trading Day?

A Daily funded account pays out every trading day, not weekly. See how the payout cycle and split actually work at Phoenix Trader Funding.

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Which Countries Can Trade a Futures Prop Firm Funded Account?

Which countries can trade a funded futures account, how KYC and identity checks work, and the excluded-country list most prop firms including Phoenix Trader Funding use.

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Is There a Funded Trading Account With No Profit Target?

A funded trading account with no profit target does exist: Phoenix Trader Funding's Merit account, its daily drawdown rule, and what happens once you pass.

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What's the Cheapest Way to Get a Funded Trading Account?

The cheapest way into a funded trading account is a one-time $69 evaluation with no monthly fee. Here's how it works and who it actually suits.

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Can You Cancel or Get a Refund on a Futures Prop Firm Challenge?

Most futures prop firms never refund a challenge fee. Here is what you can still cancel, and how Phoenix Trader Funding's policy works today.

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What Does It Actually Cost to Get a Funded Futures Account?

Real 2026 prices for Classic, Daily, Spark and Merit funded futures accounts, including activation fees, reset costs and the current launch discount.

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Futures Prop Firm Payout Rules: Splits, Timing, Caps

See exactly how futures prop firm payouts work: profit splits, minimum days, payout speed and buffer rules, compared across four Phoenix account types.

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Does a Payout Reset Your Drawdown Floor?

A payout does not reset your trailing drawdown floor. See how Phoenix Trader Funding's locked buffer works on Classic, Daily, Spark and Merit accounts.

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How Long Does It Take to Get Funded After Passing a Prop Firm Evaluation?

How long does it take to get funded after passing a futures prop firm evaluation? Phoenix Trader Funding's answer is now practically instant.

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What Makes Trading Conditions Good or Bad at a Futures Prop Firm?

Good trading conditions mean disclosed contract limits, a named data feed, full market access and clear rules on strategy and platform choice.

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How Long Does a Futures Prop Firm Payout Take to Arrive?

How long does a futures prop firm payout take to arrive? What bi-weekly means and how the Phoenix Trader Funding payout timeline actually works.

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How Much Does a Futures Prop Firm Challenge Really Cost?

How much a futures prop firm challenge really costs beyond the headline price: activation fees, resets, data fees, and what Phoenix Trader Funding charges.

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How to Choose a Futures Prop Firm: The Rules That Actually Matter

How to choose a futures prop firm: compare drawdown type, consistency rule, real fees and payout speed before you pay for an evaluation program.

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How Futures Prop Firm Funding Actually Works

How futures prop firm funding works: evaluation, funded stage, payouts and live account, plus how Classic, Spark and Merit compare at Phoenix Trader Funding.

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The Consistency Rule and Trailing Drawdown: Why Funded Accounts Get Breached

Learn how trailing drawdown and the consistency rule differ between evaluation and funded stages at Phoenix Trader Funding, and what causes a breach.

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How Futures Prop Firm Payout Rules Actually Work

Futures prop firm payout rules explained: 50% to 90% profit splits, minimum days, payout frequency, and the rule breaks that cost traders their withdrawal.

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9 Rules to Pass a Futures Prop Firm Evaluation

Nine rules to pass a futures prop firm evaluation at Phoenix Trader Funding: trade normal size, protect the drawdown, and set a daily stop every session.

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