Phoenix Cup | Phoenix Labs Help Center

Question 1

What is the Phoenix Cup?

Accepted Answer

Phoenix Cup #1 is a free trading competition on a simulated $50,000 futures account, with up to $10,000 in cash prizes and up to 15 prizes. It runs from November 1 to November 30. It is sponsored by Odin and Thor Trade Copier. The Cup rules govern. The Cup page: /competition .

Question 2

Is the Phoenix Cup really free?

Accepted Answer

Yes. No entry fee, no card, nothing to buy, to enter or to win. All you need is a Phoenix account, and creating one is free. The Cup rules govern. The Cup page: /competition .

Question 3

Are the Cup prizes real money?

Accepted Answer

Yes, paid in cash, in US dollars or the equivalent in your own currency, by Phoenix Technologies, the Cup's sponsor. Not a funded account and not an account balance. $10,000 is the maximum: a prize nobody qualifies for is not paid. The Cup rules govern. The Cup page: /competition .

Question 4

What are the Cup prizes?

Accepted Answer

Final standings: #1: $4,000, #2: $2,000, #3: $1,000, #4 to #10: $200 each. Best week: $250 each of 4 weeks to the biggest net gain of trades closed that week, with trades on at least 2 days of that week. Most friends: $600 to whoever brings the most friends who trade at least 3 days. One trader can win more than one. The Cup rules govern. The Cup page: /competition .

Question 5

Do I trade my own money in the Cup?

Accepted Answer

No. It is a simulated $50,000 TFeed account on real-time market data. You cannot lose any money. The Cup rules govern. The Cup page: /competition .

Question 6

Who can enter the Phoenix Cup?

Accepted Answer

Anyone aged 18 or over (or the age of majority where you live, if higher) with a Phoenix account in good standing, new or existing. One entry per person. Some residents cannot receive a prize: the rules list them. The Cup rules govern. The Cup page: /competition .

Question 7

How do I enter the Cup and where do I trade?

Accepted Answer

Go to the Cup page, sign in or create your Phoenix account, and press Enter. Your account appears in Odin, Quantower and Thor, with your TFeed login, once the Cup has started. Entries close one hour before the end. The Cup rules govern. The Cup page: /competition .

Question 8

What are the rules of the Cup account?

Accepted Answer

Out at $47,500: a static drawdown that never trails. Up to 1 mini or 10 micros at a time, in total. Flat before each daily close: a position held over the close, the night or the weekend puts the account out. No profit target and no daily loss limit. The Cup rules govern. The Cup page: /competition .

Question 9

How is the Cup leaderboard ranked?

Accepted Answer

By the balance of your Cup account, from your first closed trade, updated every few minutes. Accounts that are out rank below the accounts still in. The final standings are set after the end. The Cup rules govern. The Cup page: /competition .

Question 10

What do I need to win a place in the Cup?

Accepted Answer

Three things at the end: at least 5 trading days, a balance above $50,000, and an account still in. The places go to the traders who have all three, in board order. A trading day is any session in which you close at least one trade. To reach 5 days, start by November 23. The Cup rules govern. The Cup page: /competition .

Question 11

My Cup account is out. Can I start again?

Accepted Answer

Yes, with a reset: a fresh $50,000 account with every number back to zero. You get 1 free reset for a few quick steps on your Cup page, and 1 extra life for each friend who enters through your link and trades 3 days, up to 3. A reset can be used until one hour before the end. The Cup rules govern. The Cup page: /competition .

Question 12

How and when are Cup prizes paid?

Accepted Answer

After the end, each winner completes two steps on their Cup page: an identity check with Phoenix Identity, and a public post on X of their result card. The prize is paid within 10 business days of the later of the two. Both must be done within 30 days of being notified, or the prize is lost. The Cup rules govern. The Cup page: /competition .

Question 13

What gets me disqualified from the Cup?

Accepted Answer

More than one entry per person, hedging against another trader or against your own other accounts, copying another trader, trading above the Cup size or after the end, exploiting a price or platform error, and fake entries to earn extra lives. The leading accounts are reviewed before any prize is paid. The Cup rules govern. The Cup page: /competition .

Question 14

Is my name shown on the Cup board?

Accepted Answer

Your first name and the initial of your last name, or "Trader" with a number if you choose it on your Cup page. The Cup rules govern. The Cup page: /competition .