Gibraltar futures prop firm with static-drawdown Express to Live accounts and EOD-trailing 50K to 150K plans.
Founded
2023 (3 years)
Headquarters
Gibraltar
Max funding
$1.55M
Profit split
Up to 100%
Programs
1-step
Trading permissions
NewsAllowed
EAsNot allowed
CopyAllowed with limits
OvernightAllowed with limits
WeekendAllowed with limits
Overview
Phidias Propfirm is a futures prop firm operated by Phidias Propfirm LTD, registered in Gibraltar, with support in French, English and Spanish; its site says it has been operating for three years. It sells three account lines, each with a choice between a lower entry fee plus an activation fee on passing, or a higher one-time payment with no activation fee. Express to Live accounts (25K to 150K) use a small static drawdown with no minimum days; reaching the target again on the funded CASH account pays a fixed bonus and converts the account to a live account cleared through Dorman Trading. Fundamental and Premium accounts (50K to 150K) are billed monthly or once, use an end-of-day trailing drawdown, and pay out from simulated CASH accounts; Premium also allows overnight and weekend holds and has a split that rises from 75% to 100%. A monthly 10K Drawdown trading competition is also sold and is not profiled here.
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Target ÷ loss is the total profit target divided by the max loss limit. Lower means less profit is needed for each unit of risk. Prices are list prices; "Apply discount" takes off the firm's current public code, which may not cover every program. Per $100K converts EUR and GBP at a fixed rate for ranking only. Buy links go to the firm's site; some are affiliate links (PropFirmly may earn a commission).
Express to Live (Evaluation + Activation Fee)
1-step
Account sizes
$25K to $150K
Price
$88 to $398
Drawdown
Static
Profit split
80%
Payouts
Fixed bonus at the CASH target
Minimum trading days
None in the evaluation, CASH or LIVE stages
Fee refunded
No
The evaluation fee is paid once and the activation fee ($83, $149, $149 or $169) is due on passing; the rules call it a lifetime fee for that account.
The drawdown is a fixed $500, $650, $800 or $1,000 below the starting balance and never trails. There is no daily loss limit and no consistency rule.
After passing, the CASH account keeps the same rules. Reaching the same profit target on it credits a fixed bonus of $1,000, $2,000, $3,000 or $4,500 (80/20 split) to the Phidias Wallet and opens a LIVE account with $500, $1,000, $1,500 or $2,000 of live trading credit.
LIVE accounts from Express to Live trade 2, 3, 4 or 5 lots, pay 80% with daily withdrawals of at least $500 and no cap, and list a $122 monthly fee that is currently waived.
Express to Live evaluations cannot be reset; a new evaluation must be bought after a breach.
Overnight and weekend positions are not allowed at any stage.
Up to 5 Express to Live CASH or LIVE accounts per trader. The rules page lets the 150K count freely within that limit, while the terms of use limit the 150K to one account.
After losing an Express to Live LIVE account, a trader cannot buy a new Express to Live evaluation for one month.
Express to Live (One-Time Payment)
1-step
Account sizes
$25K to $150K
Price
$277 to $1,123
Drawdown
Static
Profit split
80%
Payouts
Fixed bonus at the CASH target
Minimum trading days
None in the evaluation, CASH or LIVE stages
Time limit
None; no recurring fee after the one-time payment
Fee refunded
No
Same rules as the evaluation-fee option; the higher single payment covers the evaluation and the CASH account, with no activation fee.
List prices are taken from the checkout. The site configurator shows $1,125 for the 150K, while the checkout charges $1,123.
Reaching the profit target on the CASH account pays the fixed bonus (80/20 split) and converts the account to LIVE with daily, uncapped withdrawals.
The drawdown is static at $500, $650, $800 or $1,000, with no daily loss limit, no consistency rule and no overnight holds.
Fundamental (Monthly)
1-step
Account sizes
$50K to $150K
Price
$164 to $420 a month
Drawdown
End-of-day trailing
Profit split
80%
Payouts
Every 10 qualifying trading days
Minimum trading days
3 to pass; 10 qualifying days per payout
Time limit
None; the subscription rebills every 30 days until passed or cancelled
Fee refunded
No
The drawdown ($2,500, $3,000 or $4,500) is recalculated from the end-of-day balance at the 10:00 PM (UTC+2) session close and does not move during the day. On 50K and 100K CASH accounts it stops trailing at the starting balance plus $100.
All positions must be closed before the end of the trading day (9:59 PM UTC); holding past it disqualifies the account.
Payouts: a request needs 10 trading days with net profit of at least $150 (50K), $200 (100K) or $250 (150K) and a balance of at least $52,600, $103,700 or $154,500. Each request is capped at $2,000, $2,500 or $2,750, and the balance cannot drop below the starting balance plus $100.
On CASH accounts no single day may exceed 30% of total profit, checked over at least 4 trading days; going over is not a breach but delays the payout.
A failed evaluation can be reset for $40, $64 or $104, or is reset automatically at the next 30-day rebill.
A live account is offered at the firm's discretion; traders are reviewed from 5 payouts or $100,000 in cumulative profit across accounts.
Fundamental (One-Time Payment)
1-step
Account sizes
$50K to $150K
Price
$580 to $863
Drawdown
End-of-day trailing
Profit split
80%
Payouts
Every 10 qualifying trading days
Minimum trading days
3 to pass; 10 qualifying days per payout
Time limit
None; no recurring fee after the one-time payment
Fee refunded
No
Same rules as the monthly Fundamental plan; one payment covers the evaluation and the CASH account, with no activation fee or monthly rebill.
Payouts follow the Fundamental schedule: 10 qualifying days per request, capped at $2,000, $2,500 or $2,750, with an 80% split.
Positions must be closed before the end of each trading day.
Premium (Monthly)
1-step
Account sizes
$50K to $150K
Price
$329 to $570 a month
Drawdown
End-of-day trailing
Profit split
75%, up to 100%
Payouts
Every 5 qualifying trading days
Minimum trading days
1 to pass; 5 qualifying days per payout
Time limit
None; the subscription rebills every 30 days until passed or cancelled
Fee refunded
No
Same targets, drawdowns and contract limits as Fundamental, but overnight and weekend positions are allowed and only 1 trading day is needed to pass.
The split rises with each CASH payout: 75% on the first, 80% on the second, 85% on the third, 90% on the fourth and 100% from the fifth.
Payouts: a request needs 5 trading days with net profit of at least $150, $200 or $250 and the same balance thresholds as Fundamental; each request is capped at $2,000, $2,500 or $2,750.
A breached Premium CASH account can be reset once, within 24 hours, for $399, $499 or $599.
A failed evaluation can be reset for $40, $64 or $104, or is reset automatically at the next 30-day rebill.
On a move to LIVE the split becomes 80% whatever level was reached on the CASH account.
Premium (One-Time Payment)
1-step
Account sizes
$50K to $150K
Price
$723 to $1,123
Drawdown
End-of-day trailing
Profit split
75%, up to 100%
Payouts
Every 5 qualifying trading days
Minimum trading days
1 to pass; 5 qualifying days per payout
Time limit
None; no recurring fee after the one-time payment
Fee refunded
No
Same rules as the monthly Premium plan; one payment covers the evaluation and the CASH account, with no activation fee or monthly rebill.
Overnight and weekend holds are allowed, and the split rises from 75% to 100% over the first five CASH payouts.
The one-time Cash Account Reset ($399, $499 or $599) is also available.
Trading rules
What Phidias Propfirm lets you do on its accounts, taken from its rules and FAQ pages.
News trading
Allowed
News trading is permitted on all account types and stages, though taking full margin into high-volatility releases is discouraged as lottery-style trading.
Expert advisors
Not allowed
Robots and fully automated algorithms are not permitted; semi-automated tools are allowed if the trader actively monitors and adjusts every trade.
Copy trading
Allowed with limits
Third-party copiers may be used across a trader's own accounts within the account limits; identical strategies that exceed the allowed capital can be suspended.
Overnight holding
Allowed with limits
Only Premium accounts may hold positions overnight; Fundamental and Express to Live positions must be closed before the end of each trading day.
Weekend holding
Allowed with limits
Premium accounts may hold over the weekend; Fundamental and Express to Live accounts may not.
Rules to read before you buy
Up to 15 funded accounts at once: 5 Fundamental, 5 Premium and 5 Express to Live. A 150K Fundamental or Premium CASH account counts as two, with at most two of each.
Account limits apply per tax household, company, address and internet connection; accounts above the limit are forfeited.
Being long in one account and short in another at the same time is prohibited, including in coordination with other traders.
Only the front, most liquid contract may be traded, and spreads between two expiries of the same product are prohibited.
A trader can hold only one LIVE account; later passed accounts add their amounts to it.
Fundamental and Premium accounts must avoid lottery-style trading, such as large one-off bets aimed at a single withdrawal.
Prices exclude VAT; individuals in the European Union pay their local VAT rate on top.
All sales are final, and a chargeback leads to a permanent ban.
How the drawdown works
Static (Express to Live (Evaluation + Activation Fee), Express to Live (One-Time Payment))
The loss limit is fixed at a set distance below your starting balance and never moves.
80% on Fundamental CASH accounts, on Express to Live bonuses and on all LIVE accounts. Premium CASH accounts start at 75% and rise to 80%, 85%, 90% and then 100% from the fifth payout.
How often
Fundamental: every 10 qualifying trading days. Premium: every 5 qualifying trading days. Express to Live: one fixed bonus when the CASH target is reached, then daily withdrawals on the LIVE account.
First payout
Fundamental and Premium: after 10 or 5 qualifying days with the balance at or above $52,600, $103,700 or $154,500. Express to Live: on reaching the profit target on the CASH account.
Minimum withdrawal
$500 per request on the rules page; the terms of use state $1,000.
A qualifying trading day needs net profit of at least $150 (50K), $200 (100K) or $250 (150K).
Fundamental and Premium requests are capped at $2,000, $2,500 or $2,750 per period, and the balance after a withdrawal cannot fall below the starting balance plus $100.
Express to Live bonuses are fixed at $1,000, $2,000, $3,000 or $4,500 for 25K to 150K and come with $500 to $2,000 of live trading credit.
Payouts are credited to the Phidias Wallet, which can buy new accounts or fund a live account, and are withdrawn to a Rise account.
Phidias states that most payouts are processed within 30 minutes and all within 24 hours.
LIVE accounts have no withdrawal cap; LIVE profits are paid to Rise directly.
Ways to get paid
Rise
Scaling plan
There is no profit-based contract scaling on evaluation or CASH accounts; traders with a live record can move up to ELITE LIVE and MASTER LIVE tiers that add capital to the live account.
ELITE LIVE: at least 60 days live and a $125,000 balance (payouts included) adds $25,000 to the starting balance.
MASTER LIVE: at least 120 days live and a $250,000 balance (payouts included) adds $50,000 to the starting balance.
Live traders can ask support for a larger contract limit, which the risk team may accept, refuse or adjust.
Platforms and payments
Trading platforms
Rithmic
R|Trader Pro
Quantower
ATAS
Sierra Chart
Bookmap
MotiveWave
Jigsaw Daytradr
Tradovate
TradingView
NinjaTrader
DeepCharts
Markets
Indices
Interest rates
Forex
Crypto
Agriculture
Energy
Metals
Pay for a challenge with
Credit or debit card
Who can sign up
Phidias Propfirm accepts traders from the United States. It lists 59 restricted countries.
List prices run from $88 for the $25K Express to Live (Evaluation + Activation Fee) account to $1,123 for the $150K Premium (One-Time Payment) account, before any discount.
What profit split does Phidias Propfirm pay?
80% on Fundamental CASH accounts, on Express to Live bonuses and on all LIVE accounts. Premium CASH accounts start at 75% and rise to 80%, 85%, 90% and then 100% from the fifth payout.. The highest split across its programs is 100%.
How often does Phidias Propfirm pay out?
Fundamental: every 10 qualifying trading days. Premium: every 5 qualifying trading days. Express to Live: one fixed bonus when the CASH target is reached, then daily withdrawals on the LIVE account.. First payout: Fundamental and Premium: after 10 or 5 qualifying days with the balance at or above $52,600, $103,700 or $154,500. Express to Live: on reaching the profit target on the CASH account..
Does Phidias Propfirm allow news trading?
Allowed. News trading is permitted on all account types and stages, though taking full margin into high-volatility releases is discouraged as lottery-style trading.
Can I use expert advisors (EAs) with Phidias Propfirm?
Not allowed. Robots and fully automated algorithms are not permitted; semi-automated tools are allowed if the trader actively monitors and adjusts every trade.
Does Phidias Propfirm accept traders from the United States?
Yes. Phidias Propfirm's terms allow US residents to sign up. It does restrict 59 other countries, listed on this page.
Which platforms can I trade on with Phidias Propfirm?
