Phoenix Turbo is a fast-paced 2-Phase Challenge designed for traders who want to prove their consistency across multiple evaluation stages.
With just 7 days per phase and a two-step payment system, Phoenix Turbo lets you move through evaluation faster while maintaining clear risk limits and structured payout rules.
The key difference from a standard 2-phase model is the payment structure: you pay 50% of the fee upfront, and the remaining 50% only once you pass Phase 2 and are ready to enter the funded phase.
What Makes Phoenix Turbo Different
Two evaluation phases with 7 days each to complete
Two-phase payment system – pay 50% upfront, and the remaining 50% only once you pass Phase 2 and get funded
A minimum of 10 trading days is required in the funded stage to be eligible to request a payout
Trading Objectives
Phase 1:
Profit Target: 4%
Maximum Daily Loss: 8%
Maximum Overall Loss: 10% (absolute)
Maximum Single Trade Loss: Not applied
Drawdown Type: Equity-based
Leverage: Up to 1:100
Time Limit: 7 days
Minimum Trading Days: 1
Phase 2:
Profit Target: 3%
Maximum Daily Loss: 8%
Maximum Overall Loss: 10% (absolute)
Maximum Single Trade Loss: Not applied
Drawdown Type: Equity-based
Leverage: Up to 1:100
Time Limit: 7 days
Minimum Trading Days: 1
Funded Account:
Profit Split: 99%
Maximum Daily Loss: 3%
Dynamic Risk Shield™: 4% from equity high-water mark
Maximum Single Trade Loss: 1.5% of initial balance
Drawdown Type: Equity-based
Leverage: Up to 1:100
Minimum Trading Days for payout eligibility: 10 trading days
Weekend & Overnight Holding: Allowed
How It Works
Purchase the Phoenix Turbo 2-Phase Challenge and pay only the first half of the fee.
Complete Phase 1 by reaching the 4% profit target within 7 days, while staying within all risk limits.
Complete Phase 2 by reaching the 3% profit target within 7 days, while staying within all risk limits.
Once you pass Phase 2, pay the second half of the product fee to unlock your funded account.
Start trading in the funded phase with a 99% profit split and the ability to request payouts under the conditions below.
How Payouts Work in Phoenix Turbo
To be eligible for a payout from a Phoenix Turbo funded account you must satisfy the following:
Minimum trading days: Complete at least 10 trading days in the funded account.
What counts as a trading day: Any day where you make at least 0.25% of profit counted from the initial balance.
In addition to these conditions, your payout request must reflect a reasonably consistent distribution of profits. In practice, this means that no single trading day should represent more than 20% of the total amount you are withdrawing. If this threshold is exceeded, a part of your withdrawal may be shifted to a later payout, while your funded account remains active.
Summary
The Phoenix Turbo Challenge is built for traders who want speed and structured progression through multiple phases.
With 7-day evaluation periods per phase, clear risk limits, and a fair two-step payment system, Phoenix Turbo is perfect for disciplined traders ready to prove their edge across two evaluation stages.
Quick FAQs
Q: When does a trading day start and end?
A: Trading days run on UTC — each day starts at 00:00 UTC and ends at 23:59:59 UTC.
Q: Do I need to make a minimum profit each day to count it as a trading day?
A: No. Unlike Thunderbolt Turbo, Phoenix Turbo only requires you to execute at least one trade on a day for it to count as a trading day.
Q: Is news trading allowed?
A: Yes. News trading is allowed in all phases of the Phoenix Turbo Challenge, including Phase 1, Phase 2, and the Funded account.
Q: What drawdown type is used?
A: Phoenix Turbo uses Equity-based drawdown in all phases. This means your drawdown is calculated based on your account equity (balance + open P&L).
Q: When does the 7-day timer start for each phase?
A: The 7-day timer starts immediately after you purchase the challenge and continues through the weekend. It is your responsibility to plan and manage your trading accordingly.
Q: What is the Best day rule in the funded account?
A: The best day rule requires that your best trading day cannot exceed 20% of your total profit. This ensures balanced and consistent performance.
Q: What happens if I fail a phase?
A: If you breach any risk rule during Phase 1 or Phase 2, you will need to purchase a new challenge to restart.
Q: Can I use Expert Advisors (EAs) or trading bots?
A: No. Expert Advisors and automated trading bots are not allowed in any phase of the Phoenix Turbo Challenge.