Phidias Propfirm

Phidias Propfirm Review 2026: Account Types, Rules, Fees and Payouts

Rules reviewed: August 26, 2026

This complete Phidias Propfirm review compares every main account route by stage, profit target, drawdown, daily loss, consistency, minimum trading days and payout path. Terms can vary by account size and purchase date; the dashboard and signed agreement control.

Phidias Propfirm Account Types Compared

No listed daily loss limit never means unlimited risk. Overall drawdown, liquidation, contract and conduct rules still apply.

Detailed Phidias Propfirm Rules for Every Account

Express to Live rules

• Stage: Evaluation / live-track
• Profit target: Size-specific
• Drawdown: Static risk structure under published model
• Daily loss: Plan-specific
• Consistency: Model-specific
• Minimum days: Per rule card
• Payout route: Direct progression path
• Key detail: Designed as a direct route with static risk rather than a conventional trailing model.

Fundamental rules

• Stage: Evaluation / funded simulation
• Profit target: Size-specific
• Drawdown: End-of-day trailing
• Daily loss: Plan-specific
• Consistency: Plan-specific
• Minimum days: Per rule card
• Payout route: Fundamental payout schedule
• Key detail: Standard futures challenge built around EOD risk.

Premium rules

• Stage: Swing-friendly evaluation / funded simulation
• Profit target: Size-specific
• Drawdown: Plan-specific EOD/static structure
• Daily loss: Plan-specific
• Consistency: Plan-specific
• Minimum days: Per rule card
• Payout route: Payouts can become available on a short cycle
• Key detail: Published permissions may include overnight or weekend holding; confirm instrument cutoffs.

Cash rules

• Stage: Instant / performance account
• Profit target: No conventional evaluation target
• Drawdown: Cash-account loss threshold
• Daily loss: Plan-specific
• Consistency: Payout consistency applies
• Minimum days: Per payout rules
• Payout route: Cash withdrawal schedule
• Key detail: Immediate performance route with tighter withdrawal discipline.

Pricing, Fees and Account Sizes

Fees vary by size and offer. Confirm evaluation, renewal, activation, reset, market-data and payout-related charges at checkout.

Compare the total cost to reach a withdrawable account: purchase fee, recurring rebill, activation, reset, data and platform costs. Save the exact order terms because a later offer may use the same plan name with different limits.

Profit Target and Passing Conditions

Targets are measured using net realized profit after commissions. Reaching a target intraday may not complete an account until the session closes and the firm verifies minimum days and consistency. Dollar targets, contract limits and loss thresholds scale by size. Keep a buffer rather than stopping exactly at the advertised target.

Drawdown and Daily Loss Explained

Static drawdown stays fixed. Intraday trailing drawdown can rise with realized or unrealized highs. End-of-day drawdown normally updates from an eligible closing balance. Some thresholds stop trailing at a safety balance; others continue. A soft daily limit pauses trading, while a hard breach may terminate the account. Record the live dashboard threshold before every session.

Consistency Calculation

The usual calculation is largest winning day ÷ total net profit × 100. If the result exceeds the limit, more profit on later days is normally required. Evaluation consistency and funded payout consistency can use different percentages.

Payout Eligibility Checklist

• Complete every required trading or profitable day.
• Stay above the safety buffer after the requested withdrawal.
• Meet consistency, minimum amount and payout-cap rules.
• Close positions and working orders when required.
• Complete identity, tax and payment verification.
• Avoid prohibited copy trading, account sharing, latency exploitation and coordinated hedging.
• Confirm news, overnight and weekend permissions for the exact account stage.

Payout speed starts after approval; submitting the request is not the same as approval.

Platforms, Restrictions and Operational Notes

• Published profit splits have used a progression from roughly 75% toward 100%, depending on account and payout history.
• Premium permissions for swing or weekend holding do not waive exchange closures, contract expiry or news restrictions.
• Five-day payout messaging applies only when every profitable-day, buffer and consistency condition is satisfied.

Platform access, market-data packages and automation permissions may change between evaluation, simulated funded and live stages. Exchange hours, contract rollover and professional-data status can create additional costs or restrictions.

Who Phidias Propfirm Is Best For

Phidias Propfirm is best considered by traders who understand its exact loss calculation and can follow the funded-stage payout rules. Nominal account size is not cash buying power; usable drawdown is the more meaningful comparison.

Phidias Propfirm Verdict

Judge Phidias Propfirm on usable risk, total cost, funded consistency, first-payout timeline and written support quality. Choose a plan only after matching its drawdown method to your trading style and saving the current rules.

Additional Phidias Propfirm Review Information

Verdict

Phidias is one of the few futures firms with a genuine swing-capable program. Express to Live emphasizes static drawdown and rapid live conversion, while Premium trades a lower first split for overnight and weekend flexibility.

Rules reviewed from Phidias Propfirm's official Rules and Accounts pages on August 26, 2026. Program versions can differ; the selected dashboard and signed agreement control.

Quick Summary

Account Types and Evaluation Rules

• Express to Live offers 25K to 150K accounts, static drawdown and zero minimum evaluation days.
• Its first payout triggers conversion to a live funded account under the E2L policy.
• Fundamental uses EOD trailing drawdown and standard intraday rules.
• Premium can pass in one day and allows overnight and weekend positions.
• Always compare monthly versus one-time pricing and any activation fee shown for the selected configuration.

Drawdown and Breach Rules

Express to Live uses a fixed static maximum-loss floor. Fundamental uses an end-of-day trailing threshold. Premium's risk table controls swing exposure and any cash-account reset option.

Touching the maximum-loss threshold is a hard breach. A daily limit is a soft session pause only when the program explicitly says so.

Consistency Rules

Consistency is applied by account type and payout stage. Traders should use the selected rule card because the static E2L, intraday Fundamental and swing Premium calculations are not interchangeable.

Payout Rules

Current funded accounts can request every five trading days. Express to Live and Fundamental pay an 80% trader share. Premium pays 75% on payout one, then 80%, 85%, 90% and 100% from payout five onward.

Every request remains subject to KYC, account ownership, flat positions and compliance review. All buffer, day, consistency and cap requirements for the purchased program must be satisfied.

Trading Conditions

• Fundamental is intraday and must be flat by the cutoff.
• Premium expressly allows overnight and weekend holding.
• News trading is allowed according to the chosen program's rule table.
• Copying is limited to the verified trader's own eligible accounts.
• Account sharing, cross-account hedging, HFT abuse and latency exploitation are prohibited.

Platforms and Markets

Phidias Propfirm supports Rithmic, Tradovate, TradingView, NinjaTrader for Approved futures and micro futures. Platform availability, commissions, data and professional-user fees can vary.

Fees, Activation and Refunds

Programs can be purchased monthly or one-time. Activation can be $0 on the one-time configuration and size specific on monthly plans. Confirm data and reset charges.

Used evaluation, reset, activation and data fees are generally non-refundable unless the written policy or law says otherwise.

Who Phidias Propfirm Is Best For

Traders who want either a static-drawdown route to live or a Premium account that allows overnight and weekend holding.

Final Review

Phidias stands out for offering distinct static, intraday and swing choices with public rules. Premium is especially relevant for swing traders, while Express to Live is the clearest live-capital path.