Public promo: 80% off one-time Express to Live payments and 90% off the first month of Premium and Fundamental evaluations.
Advertiser disclosure: we earn a commission when you buy through some links on this page, at no extra cost to you. This never changes our rankings. How we make money
- Price from
- $55
- Profit split
- 80% (75% → 100% on Premium)
- Evaluation drawdown
- Static or EOD
- Account sizes
- $25K – $150K
- Activation fee
- $83–$169 on monthly plans; none with one-time payment
- Payouts
- Every 5 days (Premium) or 10 days (Fundamental); Express to Live pays a fixed bonus and goes LIVE
- Max funded accounts
- 15
Our verdict
Best for traders who want a fast route to real capital (Express to Live), the rare option to hold overnight and over weekends (Premium), and a wide choice of platforms. Note the small static drawdowns on Express to Live, activation fees on monthly plans and the 30% consistency rule on funded Fundamental and Premium accounts.
Best for
- ✓Traders who want a live account quickly: Express to Live converts on the first payout
- ✓Swing traders: Premium allows overnight and weekend positions
- ✓Traders who use Rithmic-based platforms such as Sierra Chart, ATAS or Bookmap
Not ideal for
- ✕Traders who need a wide drawdown: Express to Live uses a $500–$1,000 static drawdown
- ✕Traders who use bots or fully automated systems
- ✕Traders in restricted countries such as Bulgaria, Croatia, Malta, Romania or the Philippines
How we scored Phidias Propfirm
Our methodology- Cost 25%
- 4.5
- Rules 25%
- 4.5
- Payouts 20%
- 4.0
- Trust 20%
- 4.5
- Platforms 10%
- 5.0
Phidias Propfirm overview
Phidias Propfirm (Phidias Propfirm LTD, Gibraltar) is a futures prop firm with three account types: Express to Live, which uses a static drawdown and turns into a LIVE account on your first payout; Fundamental, an intraday plan with an end-of-day drawdown and an 80/20 split; and Premium, which allows overnight and weekend holds and raises the split from 75% to 100%. LIVE accounts clear through Dorman Trading.
How Phidias Propfirm works
Phidias Propfirm is a futures prop firm with three account types. You pass an evaluation, trade a funded CASH account, and can move to a LIVE account that trades real capital through Dorman Trading, a registered futures commission merchant. All accounts can be bought as a monthly subscription (with an activation fee after passing) or as a one-time payment with no activation fee.
| Express to Live | Fundamental | Premium | |
|---|---|---|---|
| Sizes | 25K–150K | 50K–150K | 50K–150K |
| Drawdown | Static (never trails) | EOD trailing | EOD trailing |
| Min. days to pass | None | 3 | 1 |
| Funded consistency | None | 30% | 30% |
| Overnight and weekend holds | No | No | Yes |
| Profit split | 80% | 80% | 75% → 100% |
| Path to LIVE | Automatic on the first payout | Discretionary | Discretionary |
| Starting price | $69.25 | $87 | $108.45 |
Starting prices are the ones shown on the Phidias site when we checked, and Phidias advertises accounts from $55 with its promotional codes.
Phidias Propfirm rules
Phidias Express to Live rules
| Account | Profit target | Static drawdown | Max contracts | Bonus payout | LIVE credit |
|---|---|---|---|---|---|
| $25K | $1,500 | $500 | 2 minis / 20 micros | $1,000 | $500 |
| $50K | $2,500 | $650 | 5 minis / 50 micros | $2,000 | $1,000 |
| $100K | $3,500 | $800 | 7 minis / 70 micros | $3,000 | $1,500 |
| $150K | $4,500 | $1,000 | 9 minis / 90 micros | $4,500 | $2,000 |
Express to Live has no minimum trading days, no consistency rule and no daily loss limit, but its drawdown is static and small: a 50K account is liquidated at $49,350. After passing, you reach the same target on the CASH account, click Switch to Live, and receive the fixed bonus (at an 80/20 split) plus a LIVE credit as your account converts to LIVE.
Phidias Fundamental and Premium rules
| Account | Profit target | EOD drawdown | Max contracts |
|---|---|---|---|
| $50K | $4,000 | $2,500 | 10 minis / 100 micros |
| $100K | $6,000 | $3,000 | 14 minis / 140 micros |
| $150K | $9,000 | $4,500 | 17 minis / 170 micros |
Both use an end-of-day trailing drawdown that is set at the close and stays fixed during the day; on funded accounts it stops trailing at the starting balance plus $100. Fundamental needs 3 days to pass and must be flat before the daily close. Premium can pass in one day, allows overnight and weekend positions, and offers a one-time CASH account reset ($399–$599) within 24 hours of a breach.
Phidias consistency rule
There is no consistency rule in any evaluation or on Express to Live. On funded Fundamental and Premium CASH accounts, no single day may exceed 30% of your total profit, measured over at least 4 trading days. Going over is not a breach: you just need more total profit (a $330 best day needs $1,100 in total).
Other rules
- News trading is allowed on all accounts.
- No bots or fully automated trading; semi-automated tools are fine if you manage trades yourself.
- Copy trading is allowed within the account limits: up to 5 Premium, 5 Fundamental and 5 Express to Live CASH accounts per person, address or connection.
- Trade the most active contract month; spreads between maturities and one-tick Treasury arbitrage are prohibited.
Phidias Propfirm payout rules
On Fundamental and Premium CASH accounts you need:
| Account | Balance needed | Qualifying day | Max per payout |
|---|---|---|---|
| $50K | $52,600 | $150+ | $2,000 |
| $100K | $103,700 | $200+ | $2,500 |
| $150K | $154,500 | $250+ | $2,750 |
Fundamental needs 10 trading days between payouts at an 80/20 split. Premium needs 5 days and uses a progressive split: 75% on the first payout, then 80%, 85%, 90%, and 100% from the fifth payout. The minimum withdrawal is $500, and your balance cannot drop below the starting balance plus $100.
Payouts go to the Phidias Wallet, which you can withdraw to Rise any day or use to buy new evaluations. Phidias says 90% of payouts are processed within 30 minutes and all within 24 hours.
Phidias LIVE accounts
Express to Live accounts go LIVE automatically on the first payout. LIVE accounts from E2L use an 80/20 split with daily payouts and no maximum ($500 minimum). Fundamental and Premium traders become eligible for a discretionary LIVE review after 5 payouts or $100,000 in cumulative profit. A trader can hold only one LIVE account.
Is Phidias Propfirm legit?
Phidias Propfirm is owned by Phidias Propfirm LTD, registered in Gibraltar. It reports more than $15 million paid to traders, says it has never denied a payout in three years of operation, and clears LIVE trades through Dorman Trading. Its complete rules are published on a single public page, which we used for this review. Check the restricted-country list first: it includes several EU states such as Bulgaria, Croatia, Malta, Romania and Slovenia.
Who Phidias Propfirm is for
Phidias suits traders who want a fast, automatic path to live capital (Express to Live), swing traders who need overnight and weekend holds (Premium), and anyone who prefers end-of-day or static drawdowns with a wide platform choice. Look elsewhere if you need a bigger drawdown on a small account, rely on bots, or live in a restricted country.
Phidias Propfirm platforms
Phidias Propfirm supports R|Trader Pro, NinjaTrader, Tradovate, TradingView, DeepCharts, Quantower, ATAS, Sierra Chart, Bookmap, MotiveWave, with Rithmic and Tradovate and dxFeed data feeds. Approved trade copiers can be used to copy trades across your own accounts, but not between different traders.
Phidias Propfirm pros and cons
Pros
- ✓Express to Live: no minimum days, no consistency rule, no daily loss limit, LIVE on the first payout
- ✓Premium: overnight and weekend holds and a split that reaches 100% from the 5th payout
- ✓End-of-day or static drawdown, never intraday trailing
- ✓News trading allowed on all accounts
- ✓Up to 15 CASH accounts and a wide choice of platforms
Cons
- ✕Express to Live drawdowns are small ($650 on 50K)
- ✕Activation fees of $83–$169 on monthly plans
- ✕30% consistency rule on funded Fundamental and Premium accounts
- ✕Fundamental needs 10 trading days between payouts
- ✕No bots or fully automated trading
Phidias Propfirm FAQ
How much does a Phidias Propfirm challenge cost?+
Phidias Propfirm challenges start at $55. The price depends on the account size you choose, from $25,000 to $150,000.
What is the Phidias Propfirm profit split?+
Funded traders keep up to 80% of the profits they make.
What type of drawdown does Phidias Propfirm use?+
Phidias Propfirm lets you choose the evaluation drawdown: a static drawdown that stays fixed at the starting balance, or an end-of-day (EOD) trailing drawdown, which only updates at the close of each session. The funded account rules can differ by plan; see the rules section above.
Which platforms can I use with Phidias Propfirm?+
Phidias Propfirm supports R|Trader Pro, NinjaTrader, Tradovate, TradingView, DeepCharts, Quantower, ATAS, Sierra Chart, Bookmap, MotiveWave.
Is there a Phidias Propfirm promo code?+
At the time of our last check, Phidias Propfirm was running the public code TREAT90: 80% off one-time Express to Live payments and 90% off the first month of Premium and Fundamental evaluations. Promotions change often, so confirm it at checkout.
What is the Phidias consistency rule?+
Only funded Fundamental and Premium CASH accounts have one: no single day may exceed 30% of your total profit. If it does, you simply keep trading until your total profit is large enough. Evaluations and Express to Live accounts have no consistency rule.
What are the Phidias payout rules?+
On Fundamental and Premium CASH accounts you need a balance above the threshold ($52,600 on 50K), qualifying days of at least $150–$250, and 10 (Fundamental) or 5 (Premium) days between payouts, with a $500 minimum and caps of $2,000–$2,750 per payout. Express to Live instead pays a fixed bonus when you hit the CASH target and converts to LIVE. Payouts go to the Phidias Wallet and out through Rise.
What are the Phidias restricted countries?+
Phidias does not serve countries including Afghanistan, Bulgaria, Croatia, Indonesia, Kenya, Malta, Nigeria, Pakistan, the Philippines, Romania, Russia, Serbia, Slovenia, South Africa and Sri Lanka, among others. Check the full list in its help center before buying, as it can change.
Is Phidias Propfirm legit?+
Phidias Propfirm LTD is registered in Gibraltar. It reports more than $15 million paid to traders and says it has not denied a payout in three years. LIVE accounts clear through Dorman Trading, a registered futures commission merchant, and its full rules are published on one public page.
Can you hold trades overnight at Phidias?+
Only on Premium accounts, which allow overnight and weekend positions sized to the account. Fundamental and Express to Live accounts must be flat before the end of the trading day.
Does Phidias allow copy trading?+
Yes, including third-party copiers, within the account limits: up to 5 Premium, 5 Fundamental and 5 Express to Live CASH accounts per person, address or connection.
Does Phidias have a Discord?+
Yes. Phidias runs an official Discord server, which it also uses for support chat.
Phidias Propfirm alternatives
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How we verified this review
Prices and rules were checked against Phidias Propfirm's official website and help center on October 25, 2026. Firms change their terms often, so always confirm the current rules before you buy. Spotted something outdated? Let us know.
Trading futures involves substantial risk of loss and is not suitable for everyone. This review is for information only and is not financial advice.