Challenge vs. Funded Accounts
Challenge (Evaluation) Accounts: You may purchase and trade an unlimited number of challenge accounts. There are no restrictions on how many evaluations you can take simultaneously.
Funded Accounts: The limits outlined below apply strictly to active funded accounts only.
Maximum Capital Per Program You are eligible to hold the following maximum amounts in funded accounts for each specific program:
Phoenix Scaling Program: Up to $2,000,000
Instant Funding: Up to $100,000
1-Step Challenge: Up to $100,000
2-Step Challenge: Up to $100,000
Total Maximum Allocation When combining allocations across all our different programs, the absolute maximum capital a single trader can manage is $2.3 Million.
Account Limits & Combinations (Non-Phoenix Accounts) For the Instant Funding, 1-Step, and 2-Step programs, the total active limit is capped at $100,000 per program. This means for each of these categories, you may hold maximum of $100,000 in funding.
Example scenario:
One (1) $100,000 1-Step account
OR Two (2) $50,000 1-Step accounts
Note: You cannot exceed the $100k limit within a single program type (e.g., you cannot have one $100k Instant account AND one $50k Instant account). However, you can hold $100k in Instant and $100k in 1-Step simultaneously.
Sprint Challenge
The Sprint Challenge is separate from the funded-account allocation limits listed above.
Sprint Challenge configurations currently include:
$10,000
$25,000
Please note that only one active (tradeable) Sprint Challenge may be held at a time per user. If the Sprint Challenge is successfully completed, the payout can be requested and the account will then be closed.