- What are Daily accounts?
- What changed on Spark?
- What changed on Classic?
- What is Phoenix Labs?
- What happened to the platform?
- Does anything change on my existing account?
- What is the launch offer?
PHOENIX 3.0 is Live! Discover our biggest update to date
Every question about the largest release in Phoenix history, answered in one place.
Phoenix 3.0 is live as of 4 August 2026. It adds a new account family paid every trading day, rebuilds Spark around a 90% split and a one time payment, moves Classic to weekly payouts, opens Phoenix Labs, and folds Odin and Saga directly into your dashboard. Nothing changes on accounts you already hold. The launch offer runs to 18 August.
We filmed the whole release rather than write it up, so the full walkthrough is on our YouTube channel. This page is the same story in FAQ form, for the questions you actually have.
What are Daily accounts?
Daily is a brand new family, and the headline of this release. You are paid every trading day instead of on a weekly or bi-weekly window. There is no minimum number of days between payouts and no minimum profit a day must reach to count.
A green day does not pay instantly. It matures across the next three trading days, and once your first day clears, there is a payout waiting at the end of every day you close in profit.
| Daily | Seed | Starter | Growth |
|---|---|---|---|
| Starting balance | $10,000 | $25,000 | $50,000 |
| Profit goal | $600 | $1,500 | $3,000 |
| Daily payout cap | $200 | $500 | $1,000 |
| Activation fee | $0 | $0 | $0 |
The rule most traders will care about sits underneath the payout cycle: the drawdown is end of day trailing in both the challenge and the funded account. Passing does not change the rule you trade under, so the habits that got you funded keep working afterwards.
Daily accounts run on TFeed only. They are not available on dxFeed, because the daily payout cycle depends on our own execution feed.
What changed on Spark?
Spark was rebuilt end to end. Four changes:
- The profit split moves from 80% to 90%
- Spark is now a one time payment, not a monthly subscription
- A new $10K Seed size becomes the cheapest way into a Phoenix challenge
- The rules stay Spark: one minimum trading day, no consistency rule on the evaluation, full size from day one
Spark Growth, the $50K, is no longer sold. If you already hold one, nothing changes: your account keeps the rules and the pricing it was bought under.
Spark still carries a $29 one time activation fee, charged only when you pass and your funded account is created. The funded account also keeps its 30% consistency rule; the evaluation has none.
What changed on Classic?
Classic now pays out weekly instead of twice a month.
Those two numbers together are the point: with weekly windows, the road from your first trade to a live funded account can compress into a single month.
What is Phoenix Labs?
Labs is a parallel prop firm running inside Phoenix. It exists to test account rules that do not belong in the main lineup, on real accounts with real rules and real payouts, and to publish what happens. Four experiment slots, concepts that rotate.
Its permanent record lives at the Labs experiments archive, so you can see every rule we have tried and what came of it.
What happened to the platform?
Odin and Saga are now built directly into your dashboard. No separate tab, nothing to open on the side: the platform you trade on and the journal that reviews you sit where your account already lives.
- Odin now runs on dxFeed accounts as well as TFeed
- Saga stays free for as long as you trade with us
- A new website and a new dashboard around both
Three long standing frictions went with it. KYC is instant through Phoenix Identity, funded validation is practically instant, and payouts are faster across the board.
Does anything change on my existing account?
No. If you hold a Phoenix account today, challenge or funded, you keep the rules and the pricing you bought it under. Nothing is applied backwards.
Two changes do reach back, and both are in your favour: gold and metals trading is now open across the board, and the consistency rule gains a one point cushion instead of a hard wall. Both apply to accounts you already hold.
What is the launch offer?
Until 18 August 2026 at 11:59 PM CEST, the launch codes take up to 40% off, and these prices will never be lower.
Where do I enter the code?
At checkout, on the account you are buying. Each code applies to its own family.
Will these prices come back?
No. The launch discount is the lowest these accounts will ever be priced, and it ends on 18 August.
Phoenix 3.0 is live right now.
Start your challengeNew funded-account types are trialled at Phoenix Labs as real, tradable accounts before they join the permanent offer. The ones that work graduate; the ones that do not are retired.