Prop firms · Is it legit?
Is Phoenix Trader Funding legit?
Phoenix Trader Funding scores 4.6/5 on Trust and 3.8/5 on Payouts in the Tradoshi 2027 ranking, #21 of 276 with 75.5/100. No warning was found on the regulator lists checked.
Tradoshi 2027 ranking, data as of October 30, 2026. Methodology
What our checks show
High scores (4 or 5 out of 5)
- Regulator warnings
- Identity and contact
- Honest marketing
- Published processing time
- Payout frequency and first payout
- Payout history and incidents
- Trader rating (Trustpilot and Google)
- Suspicious review warning
- Rule clarity
- Rules restricting how you trade
- Secure website
Low scores (1 or 2 out of 5)
- Public payout proof
- Protected domain (SPF, DMARC, headers)
Not recorded
- Registered company and age
A low score reflects what the scale recorded on that criterion, not a fault by the firm: each criterion name links to its scale. These checks describe what was published on the dates shown. They guarantee neither a future payout nor that the rules stay the same: check with the firm before buying.
The detail, criterion by criterion
Company and regulators
| Criterion | Score | What was recorded |
|---|---|---|
| Regulator warnings | 5/5 | Not on the lists of the AMF, I-SCAN (IOSCO), ASIC, FINMA, CNMV or the CFTC RED List (source) Read on October 28, 2026 |
| Registered company and age | not recorded | Phoenix Trader Funding SAS Read on October 29, 2026 |
| Identity and contact | 5/5 | Phoenix Trader Funding SAS (société par actions simplifiée à associé unique) (source) Read on October 28, 2026 |
| Regulated execution partner | 3/5 | Payouts usually under 48h payoutsLive funding with EdgeClear (source) Read on October 28, 2026 |
| Honest marketing | 5/5 | Futures trading contains substantial risk and is not for every investor. (source) Read on October 28, 2026 |
Payouts
| Criterion | Score | What was recorded |
|---|---|---|
| Public payout proof | 2/5 | – Read on October 28, 2026 |
| Published processing time | 4/5 | Request a payout and get paid usually in under 48 hours, via PayPal, Payoneer and Wise. (source) Read on October 28, 2026 |
| Payout frequency and first payout | 4/5 | Weekly payouts, every 5 trading days, with no consistency rule. (source) Read on October 28, 2026 |
| Withdrawal terms and methods | 3/5 | Payout FrequencyWeekly Buffer / Safety Net$3000Max Payout$2000 (source) Read on October 28, 2026 |
| Payout history and incidents | 4/5 | – Read on October 28, 2026 |
Trader reviews
| Criterion | Score | What was recorded |
|---|---|---|
| Trader rating (Trustpilot and Google) | 4/5 | Trustpilot 4.5 from 260 reviews (source) Read on October 28, 2026 |
| Number of reviews | 3/5 | 260 reviews (source) Read on October 28, 2026 |
| Suspicious review warning | 5/5 | No Trustpilot warning on the profile (source) Read on October 28, 2026 |
Rules
| Criterion | Score | What was recorded |
|---|---|---|
| Rule clarity | 4/5 | 12/14 rules documented (source) Read on October 28, 2026 |
| Rules restricting how you trade | 4/5 | – (source) Read on October 28, 2026 |
Website security
| Criterion | Score | What was recorded |
|---|---|---|
| Secure website | 5/5 | certificate valid for 64 more days Read on October 28, 2026 |
| Protected domain (SPF, DMARC, headers) | 2/5 | 2 points out of 5 (SPF, DMARC) Read on October 28, 2026 |
Frequently asked questions
Is Phoenix Trader Funding regulated?
A prop firm usually sells an evaluation program and is not a licensed broker. The company name recorded is Phoenix Trader Funding SAS, France. No warning was found on the regulator lists checked.
Does Phoenix Trader Funding pay its traders?
Its Payouts pillar scores 3.8/5: it measures what is published on proof, timing, frequency and payout incidents. It does not guarantee a future payout.
What do reviews say about Phoenix Trader Funding?
Trustpilot 4.5 from 260 reviews. The Reviews pillar scores 4.0/5.
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