Phidias Propfirm Review

Phidias Propfirm Review 2026: Rules, Accounts, Drawdown and Payouts

Phidias Propfirm is a futures proprietary trading program with plan-specific evaluation, funded-account and payout rules. This audit uses current public information available in August 2026.

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.

Evaluation and Account Rules

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.

Contract limits, resets, activation fees, commissions and market-data charges vary by size and plan. Traders should follow the rule set attached to the purchased account.

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.

Trading Conditions

News trading is generally permitted, subject to the exact plan's restricted windows and execution risk. 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.

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.