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Comparator

Futures firms comparator

Pick two prop firms and see them side by side: rules, plans, platforms, leverage, commissions and payouts, next to each one's discount.

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Head to head

49 differences

Headquarters

Paris

Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

CEO

Léon Grimm

Lucas Antonio

Country

France

Saint Lucia

Foundation

2023

2024

Banned Countries
Afghanistan, Armenia, Belarus, Bosnia and Herzegovina, Burma (Myanmar), Burundi, Central African Republic, Cuba, Egypt, Eritrea, Ethiopia (certain sectors), Georgia (specific territories), Guinea, Haiti, Iran, Iraq, Ivory Coast, Kosovo, Lebanon, Libya, Mali, Nicaragua, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Tunisia, Turkey, Ukraine (Crimea, Donetsk, Luhansk, Kherson, Zaporizhzhia), Venezuela, Yemen, Zimbabwe
No data
Assets
Indices, Currencies, Metals, Energies, Agriculture, Interest Rates, Crypto
Equity Indexes, Metals, Commodities
Brokers
TFeed, dxFeed, Rithmic, Edge Clear
No data
Payout Fee

Merit Live: Phoenix covers the processor fee on withdrawals above $500.

No data
Platforms
Odin, Quantower, ATAS, Volumetrica, DeepCharts, DeepDOM, NinjaTrader, Tradovate, TradingView, Sierra Chart, MultiCharts, Jigsaw, Bookmap, MotiveWave, Investor/RT, Tiger.Trade, Overcharts, Volfix, Optimus Flow, Photon, Inside Edge Trader, QScalp, Agena Trader
Volumetrica
Payout Methods
Payoneer, Wise, PayPal
Rise, USDT ERC20, Atlas Balance
Live Account
Yes

Live Funded account at EdgeClear on Rithmic. Classic and Spark: after 4 payouts. Daily: once $1,200/$3,000/$6,000 has been paid (Seed/Starter/Growth). Merit: straight to Live on approval. Risk review required; if not passed, the pre-funded payout limit may be extended instead. Live amount: Classic $1,250/$2,000/$3,500; Spark $400/$1,000; Daily $500/$1,250/$2,000; Merit $2,000. Static drawdown, daily limit agreed with the trader, and every rule waived except overnight and over-week positions. Other funded accounts go dormant on transfer.

No
Payment Methods
Card, Crypto
Credit Card, Apple Pay, Google Pay, Crypto, Atlas Balance
Payout Frequency

Classic: weekly, first payout after 5 trading days and then every 5. Spark: bi-weekly, first payout after 5 trading days. Daily: any trading day once profit matures (3 trading days; 5 for a day above 30% of total profit and above the tier's daily cap). Merit Live: any time, up to 10 per day. Processing: 2 to 3 business days.

Standard, Apex and Direct: first payout after 14 days, then every 14, according to checkout. Atlas Live: every 7 days, according to documentation.

Maximum Withdrawal

Per payout: Classic $600/$1,000/$2,000 (Starter/Growth/Scale); Spark $300/$400 (Seed/Starter). Daily: $200/$500/$1,000 per trading day (Seed/Starter/Growth), with $1,000 per day per trader across all Daily accounts. Merit Live: no maximum. PayPal: $2,000 per month.

Standard, Apex and Direct: up to 50% of cycle profit and the limit in the corresponding row. Live: first payout capped at $4,000/$6,000/$7,000/$8,000 for $25K/$50K/$100K/$150K; afterwards, no cap beyond available profit.

Minimum Withdrawal

Classic and Daily: $75. Spark: $30 (Seed) or $75 (Starter). Merit Live: $1.

Standard, Apex and Direct: $100. Live: $1,500/$2,500/$5,000/$7,500 for $25K/$50K/$100K/$150K sizes.

Other Payout Requirements

After passing: review of up to 72 hours, then KYC and Pre-Funded contract within 48 hours. The trailing drawdown locks at the starting balance on the first payout. Every denied payout comes with a written reason from the risk team. No crypto payouts.

Approved KYC. Requesting closes positions and pauses the account until payout is resolved. Challenge fee refunded as Atlas Balance with the third consecutive payout, according to the shared FAQ.

Payout Guarantee
No data

First payout: 24 working hours; subsequent payouts: 48. Working hours: Monday-Friday, 09:00-17:00 BST. Late payment: $500 with that payout and $500 with the next. Giveaway and collaborator accounts excluded.

Commission

Per contract and side on TFeed; dxFeed is double. ES, NQ, RTY and YM $1.09; MES, MNQ, M2K and MYM $0.35; CL $1.15; MCL $0.43; GC $1.20; MGC $0.43; NG $1.20; 6E $1.20; ZN $0.80; ZB $0.83; BTC $3.38; MBT $1.38. Same rates on every line, in evaluation and funded.

No data
Account Reset

Classic, Daily and Spark: unlimited, by paying the fee or with reset coupons (one per month the challenge stays alive; they stack and never expire). Classic: a failed account is reset free at renewal. Merit: no reset.

No data
Add-ons
Yes

Performance Review (+20% on the price): 20 to 30 page report on the trader's own trades. Free ATAS licence with dxFeed.

No
Instant
No
Yes
One Step
Yes
Yes
Account scaling
Limited

Scaling beyond the Classic plan on request, after a full review of the trades.

Yes

Atlas Live after the fourth payout: trailing equity drawdown and Direct contract limits.

Max Drawdown

Classic and Daily: end-of-day trailing in evaluation and funded. Spark: end-of-day trailing in evaluation and real-time trailing once funded. The trailing drawdown locks at the starting balance. Merit: static, the whole $2,000 balance. Live: static.

Trailing at each day's close, 16:45 New York. On funded Standard, Apex and Direct, stops rising at starting balance; the first payout request locks the floor there. Live: trailing equity without a lock.

Profit Split

Classic and Spark: 90%. Daily: 80%. Merit: 50% until the trader has withdrawn twice the starting balance, then 80%.

Atlas Live: 100%. Reached after the fourth paid payout. All programs remain simulated.

Daily Drawdown

Classic, Daily and Spark: none. Merit: 25% dynamic (soft breach). Live: agreed with each trader based on their results.

Standard: soft limit. Closes positions and locks trading until the 16:45 New York reset; does not close the account unless maximum drawdown is also reached.

Max Allocation
700,000
400,000
Mandatory buffer
Limited

Classic and Daily: a locked buffer equal to the maximum drawdown stays in the account and is not withdrawable. Spark and Merit: none.

Yes

After withdrawal, balance must remain $100 above starting balance.

Maximum Accounts

Unlimited challenges. Pre-funded: 5 on TFeed (up to 3 Spark, 3 Daily, 3 Classic Growth or Scale and 5 Classic Starter) and 3 on dxFeed. Live: up to 5, at Phoenix's discretion. Merit: one attempt; another requires buying a Classic or Daily account first.

No data
Maximum Trading Days

No deadline. Spark closes after 90 days without a trade. Merit: 30 calendar days.

No evaluation deadline.

Minimum Trading Days

Classic and Daily: 2. Spark: 1. Merit: none; the challenge lasts 30 calendar days.

Standard evaluation: 2 days; Apex: 1. Funded per cycle: Standard 5; Apex 4; Direct 5; Live 4.

Funded Phase Pricing Model

No monthly fee on funded accounts. Activation: $29 one-time on Spark; $0 on Classic, Daily and Merit. Live: CME professional data at $135/month per exchange, deducted from the account.

No activation or subscription fee.

Points Reward Program

Phoenix Extra: PHX earned for ideas and ambassador work, usable on accounts, resets and activation fees. Not convertible to cash.

No data
Minimum Profitable Days

Classic: 5 days between payouts with at least $100/$200/$300 profit (Starter/Growth/Scale). Spark: 5 days with at least $40 (Seed) or $100 (Starter). Daily and Merit: none.

Standard: +$150 per day. Apex: +$200, except $150K: +$195. Direct and Live: +1% of starting balance per day.

Position size scaling
Limited

Classic: the contract limit rises with profit at $1,000, $2,000 and $4,000 up to the account maximum, in evaluation and funded, and drops if profit falls back. Spark, Daily and Merit: full size from day one. Live: one extra mini per $2,000 of profit.

No data
Evaluation Phase Pricing Model

Classic: monthly subscription every 30 days, cancelled automatically on passing; dxFeed adds $20/month. Daily, Spark and Merit: one-time payment. No refunds.

One-time fee; no subscription.

Expert Advisor (EA)
No

HFT and bots that trade without the trader are prohibited. Tools that assist the trader (hotkeys, DOM, alerts) are allowed.

Yes
VPN
Yes

VPN, VPS and proxy allowed; sessions are monitored and identity documents may be requested.

Limited

Must not conceal location or identity. Give advance notice of locations inconsistent with registration.

Hedging
No

Opposite positions on the same asset across accounts, own or someone else's.

Limited

Allowed within one account. Prohibited across accounts, brokers or firms.

Scalping
Yes

No minimum trade duration.

Limited

On funded accounts, profits from trades held under 3 minutes are deducted. Losses remain; the deduction does not close the account.

Stacking / Layering (DCA)
No

Rotating through accounts, each risked in full on the same bet until one hits, is prohibited. Holding several accounts is allowed.

No
Martingale
Limited

Allowed within a single account, also DCA. Prohibited across accounts.

No
Copy Trading
Yes

Same direction across the trader's own accounts. Thor is included with TFeed.

Limited

Only between your own Atlas accounts; copying other traders or external accounts is prohibited.

News Trading
Yes

Including Tier 1 releases, at every stage.

Limited

Unrestricted during evaluation. On funded accounts, profits from trades opened or closed within 5 minutes before or after high-impact news are deducted. Holding through the entire window is allowed.

Inactivity Rule

Pre-funded: one trade every 7 calendar days, otherwise the account closes without a payout. Live: 30 days, not applied mechanically. Challenges: none, except Spark (90 days).

Open a trade at least every 30 days.

Consistency Rule
Limited

Classic and Daily evaluations: best day up to 50% of total profit; exceeding it only delays passing. Spark funded: 30%. No rule on Classic and Daily funded, Spark evaluation or Merit.

Limited

Standard: best day at most 50% of profit, according to checkout. Direct and Live: 20%. Apex: no consistency.

Hold Weekend
No
No
Prohibited Strategies

Hedging between accounts, account rolling, martingale or loss recovery across accounts (also at other firms) and HFT or bots. On funded accounts: flipping and one-tick trading on bonds. Stop trading a contract within 2% of its CME daily price limit.

Latency or tick arbitrage, exploiting prices or bugs, order flooding, hedging across accounts or firms, account sharing and passing services. Multiple locations must not hide who trades. Gambling, martingale and manipulating evaluations are prohibited.

Overnight positions
No

Positions must be closed before the session ends, at every stage including Live. Breach: funded account denied, or payout denied and account closed.

No
Requires Stop Loss
No data
No
Maximum Risk Limit
No data
Yes

Close all positions before 16:45 New York; holding afterwards closes the account. On funded accounts, 80% margin usage closes positions and deducts their profits. Respect contract limits.

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