Best real cost by size

Prop firm challenges, ranked by real cost

Real cost is what it takes to get funded for each $1,000 of maximum drawdown: the price you pay, plus the activation fee after passing when the firm publishes one. Monthly plans are marked: their price comes back each month until you pass.

Accounts, lowest real cost first

8 accounts · lowest real cost on top

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Order ticket#32 of 178 in futures

Phoenix Trader Funding

Classic · Futures

$25K

You pay each month

$89

Real cost

$59.33

per $1,000 of drawdown

Code PFK

Among 29 futures accounts at $25K, #5 on real cost and #13 on price. 34% below the futures median ($89.67).

Get this account : copies PFK and opens phoenixtraderfunding.com in a new tab

Full review

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The rules

Challenge: 1-Stepmonthly
Profit target: $1,500
Minimum trading days: 2 trading days
Time limit: None
Activation fee: None
Max drawdown: $1,500Trailing (EOD)
Daily loss: None stated
Consistency to pass: 50%
Consistency on payouts: None
Payouts: Every 5 days
Profit split: 90%
First payout: 5 trading days
News trading: Allowed
EAs and bots: Not allowed
Overnight: Not allowed
Platforms: Agena Trader, Atas, Bookmap, DeepCharts, DeepDom, Inside Edge, Investor/RT, Jigsaw, MotiveWave, MultiCharts, NinjaTrader, Odin, Optimus Flow, Overcharts, Photon Trader, QScalp, Quantower, Sierra Chart, Tiger.Trade, TradingView, Tradovate, VolFix.Net
Payout cap: $600
US residents: Not stated

Checked Sep 30, 2026 on Phoenix Trader Funding's own pages.