Phidias Propfirm Review

Quick answer

Phidias offers three main futures paths: Express to Live, Fundamental and Premium. Express uses small static loss allowances and a defined Cash-to-Live bonus process; Fundamental is intraday with EOD risk; Premium permits overnight/weekend holding and progressively higher shares. The registered website operator is Phidias Propfirm LTD in Gibraltar. This review retains the existing 86/100 editorial score; no customer rating or payout test is invented.

Official-source audit: 3 October 2026. Plan-specific rules, activation fees and the visible price selector were checked. No site-supplied coupon is stored for Phidias.

Phidias Propfirm Review: Main Points

• Phidias currently offers Express to Live, Fundamental and Premium futures accounts. Express to Live covers $25K to $150K with static drawdown and converts to a Dorman Trading live account after the first Cash-account target. Fundamental and Premium cover $50K to $150K.
• Express to Live has zero minimum trading days, no consistency rule and no daily loss limit. Fundamental uses EOD trailing drawdown and a three-day evaluation. Premium supports overnight and weekend holding, has a one-day evaluation and applies a 30% rule only at the funded Cash stage.
• Profit split: 80% Express and Fundamental; Premium rises from 75% to 100%.
• Payout schedule: Daily after live conversion; 10 days Fundamental; 5 days Premium.
• Supported platforms: DeepCharts, Tradovate, TradingView and NinjaTrader.

How Phidias Propfirm Works

Phidias currently offers Express to Live, Fundamental and Premium futures accounts. Express to Live covers $25K to $150K with static drawdown and converts to a Dorman Trading live account after the first Cash-account target. Fundamental and Premium cover $50K to $150K.

The displayed account balance is simulated or notional unless the trader has a signed live brokerage agreement. Passing an evaluation normally creates a simulated funded account first; live progression can require additional payouts, a performance review or a separate milestone.

Entry fees and activation costs

Phidias offers monthly evaluation billing or a one-time evaluation-plus-Cash package. Monthly fees recur until validation or cancellation and add a later activation payment. The one-time package includes Cash activation. The visible default $25K Express Rithmic quote listed a $277 regular one-time price; other selectable regular fees did not render reliably during the check, so a full purchase ladder is not estimated.

These are later activation costs for the monthly route, not the evaluation purchase fee. One-time packages have no separate Cash activation. Market-depth upgrades, paid resets and live-stage costs must be checked separately. Compare the expected months of evaluation plus activation against the one-time quote; a low first-month fee can become a higher total after renewals.

Drawdown Rules

Static $500 to $1,000 on Express to Live; EOD size-based limits on Fundamental and Premium. No separate DLL on current Express, Fundamental or Premium funded paths. A payout can reduce the remaining cushion, so the post-withdrawal balance must stay above the required threshold.

Funded Account and Payout Rules

Express to Live pays an 80% bonus share and the first successful Cash target triggers live conversion; live accounts offer daily uncapped requests with a $500 minimum. Fundamental pays 80% every ten trading days. Premium pays every five days with a progressive 75%, 80%, 85%, 90% and 100% share from payout five onward.

Trader share: 80% Express and Fundamental; Premium rises from 75% to 100%.

Request timing: Daily after live conversion; 10 days Fundamental; 5 days Premium.

Consistency generally means the largest profitable day cannot exceed the specified share of total cycle profit. When the rule is soft, an oversized day delays eligibility rather than closing the account.

Live progression and withdrawals

Fundamental/Premium live consideration begins after five successful payouts or $100,000 cumulative profit, but approval remains discretionary. Express follows a separate conversion route and its bonuses do not count toward those thresholds. The internal Phidias Wallet is distinct from a bank balance: approved rewards can be sent through Rise, used for fees or allocated to permitted live funding. Fully automated strategies are prohibited; permitted semi-automation still requires active trader control.

Trading Conditions

The current rules expressly permit news trading, while normal execution and risk controls still apply. Overnight and weekend holding must be confirmed on the exact program.

Prohibited behavior includes account sharing, exploiting delayed data or simulated fills, coordinated hedging, exceeding position limits and any strategy the firm determines cannot be replicated in real futures markets.

Platforms and Markets

Phidias Propfirm supports DeepCharts, Tradovate, TradingView and NinjaTrader. Tradable products are Approved futures contracts. Platform availability may depend on data feed, account and country.

Advantages

• Static and EOD choices
• Documented direct live route
• No DLL on current funded paths
• Premium supports overnight and weekend holding
• Premium share scales to 100%

Limitations and Risks

• Fundamental and Premium live transition is discretionary
• Cash-stage payout caps apply
• Premium uses 30% funded consistency
• Account families have different live paths
• Promotional prices do not change the trading or payout rules.

Who Phidias Propfirm Is Best For

Phidias Propfirm may suit traders who understand its exact drawdown type, consistency percentage, payout window and contract limits. It may be less suitable for traders who need rules to remain identical across every account family.

Before choosing an account

1. Decide whether overnight exposure is essential; only Premium expressly supports it across the main families.
2. Match the precise platform and billing route to its total cost, activation and reset charges.
3. Compare target with usable drawdown in dollars, not account label.
4. Save the dated Cash-stage rules, withdrawal threshold and qualifying-day definition.
5. Plan the remaining buffer after withdrawal and distinguish the bonus from live credit.

Company and evidence context

The website footer identifies a Gibraltar company; that replaces the previous France country field for the operator. The existing founding-year field has not been independently confirmed in this pass. Claims of zero denied payouts and very rapid processing are the firm's own marketing, not independently established outcomes. The scoring category therefore remains an editorial opinion about the reviewed material, not regulatory approval or assurance of payment.

Final Audit Verdict

The most important numbers are the real loss allowance, buffer, consistency rule, permitted position size and maximum withdrawal, not the advertised account balance alone.

PFA assessment: 86/100 — Trusted.

Official references: official account comparison, all rules, Phidias 2.0 details.