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Game intelligence

Phoenix Forge

By Pragmatic Play · Slots

Documented RTP
96.51%
Volatility
5/5
Maximum win
up to 500,000 (cash cap)
Market context
2 markets

Interactive preview

Free demo

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Loads only after interaction to reduce data use.How demos are handled

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RTP vs catalog median

+0.43 vs median
This slot96.51%
Catalog median (9,244 slots)96.08%

Volatility 5/5 · catalog median 4/5

Themes

  • Phoenix

Editorial analysis

96.51% reads well against our benchmark: the median across 9,226 games carrying a recorded return is 96.08%, so Phoenix Forge clears it by 0.43 points. One caveat rides along with that. slot.report is the sole feed behind the figure, and a lone reading does not earn a verified mark on our panel.

A 500,000 cash ceiling on a level-5 Pragmatic Play build

The payout limit is quoted as a cash cap of 500,000 — an absolute amount a win cannot exceed, not a multiple applied to whatever you staked. Variance occupies the top of our scale at 5 of 5. Five reels, Fixed paylines, phoenix imagery, and nothing on the interface that sells you entry to the bonus. Pragmatic Play accounts for 882 titles in our catalogue, and this build keeps to a classic structure rather than a modern engine.

Volatile play on small units. A level-5 rating punishes anyone who bets near the top of their budget early in a session.

Across enough rounds 3.49% of everything staked stays behind at a 96.51% return. Treat that as the standing cost of play and cap it. 18+.

Frequently asked questions

What is the RTP of Phoenix Forge?

Phoenix Forge has a published RTP (return to player) of 96.51%.

Is Phoenix Forge high or low volatility?

Phoenix Forge is a high volatility slot (level 5 of 5). Expect larger but less frequent wins.

What is the max win on Phoenix Forge?

The maximum win on Phoenix Forge is up to 500,000 (cash cap), an absolute payout limit rather than a stake multiplier.

Who makes Phoenix Forge?

Phoenix Forge is developed by Pragmatic Play.

Can I play Phoenix Forge for free?

Yes — you can play the Phoenix Forge demo for free on SlotCodex with no deposit and no registration.

How many reels and paylines does Phoenix Forge have?

Phoenix Forge is played on 5 reels with Fixed paylines.

Market intelligence

Market view for this game.

This game's lobby presence

How market tracking works

Live lobby tracking across real casino brands; positions refresh with each scan.

Sauron lobby visibility snapshot calculated 30 Aug 2026 UTC. Rankings and availability can change with the next daily observation. Methodology

fi#341
0.6

4 operators

in#16
0.1

1 operators

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