Research profile
Phidias Propfirm
Watch flags
Phidias Propfirm operates as an unregulated futures prop trading firm. Watch flags: lack of independent payout verification, polarized third-party reviews, discretionary account advancement terms
European evaluation prop firm offering one-step and two-step funding programs for forex and CFD traders.
- Headquarters
- Limassol
- Founded
- 2022
- Funding model
- Evaluation Based
- Availability
- Not clearly stated
U.S. traders: Accepted — verify on the firm's own terms before purchasing.
Profile updated: August 30, 2026 · Primary source types reviewed: firm rules, FAQ and program pages · Research & methodology
May suit
traders focused on forex, crypto; traders comfortable with an evaluation phase; traders who want a published scaling path.
Consider alternatives if
you require futures, exchange-traded equities, options; you rely on copy trading.
Trader rating
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Overview
What this firm is and who it serves
Phidias Propfirm is a proprietary trading firm specializing in futures trading. The firm provides traders with access to various funding models, including Express to Live, Fundamental, and Premium accounts, with account sizes ranging from $25,000 to $150,000. It offers live trade execution cleared through Dorman Trading, utilizing data feeds and platform execution via Rithmic and Tradovate. The firm's evaluations feature objective rules such as static drawdown and end-of-day (EOD) drawdown options, designed so account drawdown floors do not trail intraday profits. Phidias supports multiple trading platforms including NinjaTrader, Tradovate, TradingView, Rithmic, and DeepCharts, and permits news trading across all account types, with overnight and weekend holding available on Premium accounts. Successful traders can scale up to 15 funded accounts through the firm's wallet system or transition into real live funded accounts. Phidias operates on a daily payout model with no hidden buffer lock requirements on withdrawals.
At a glance
Structured facts about this firm
- Firm Type
- Evaluation Based prop firm
- Market Focus
- Forex, Crypto
- Trading Style
- News trading permitted, overnight holding allowed, weekend holding allowed
- Retail Accessibility
- Open to retail traders via evaluation
- Based in
- Limassol
- Trader availability
- Not clearly stated
- Known For
- Express to Live accounts with static drawdown and no minimum trading days
Funding programs
Account types and the path to capital
Evaluation
Express to Live
| Account | Fee | Target | Drawdown | Contracts |
|---|---|---|---|---|
| $25K | $55.40 | 6% | — | 2 / 20 |
| $50K | — | — | — | — |
| $100K | $180 | 3.5% | $800 | 7 / 70 |
| $150K | — | — | — | — |
- Profit split
- 80%
- Payouts
- Daily
- Daily loss limit
- 0%
- Min trading days
- 1
- Platforms
- Tradovate, TradingView, NinjaTrader, Rithmic, DeepCharts
Scaling
1st cash payout converts to LIVE account. No discretionary review.
Fundamental
| Account | Fee |
|---|---|
| $25K | $116 |
| $50K | $116 |
| $100K | — |
| $150K | — |
- Payouts
- 10 days to payout (funded)
- Min trading days
- 3
- Platforms
- Tradovate, TradingView, NinjaTrader, Rithmic, DeepCharts
Scaling
30% max consistency rule on funded phase. Live transition discretionary after $100k cumulative profit.
Premium
| Account | Fee |
|---|---|
| $25K | $144.60 |
| $50K | $144.60 |
| $100K | — |
| $150K | — |
- Profit split
- 75–100%
- Payouts
- 5 days to payout (funded)
- Min trading days
- 1
- Platforms
- Tradovate, TradingView, NinjaTrader, Rithmic, DeepCharts
Scaling
Progressive split 75% to 100% over 5 payouts. Allows overnight and weekend holds. 30% consistency rule on funded phase.
10K Challenge
| Account |
|---|
| $10K |
Trading rules
What's allowed, what isn't
Asset classes supported
Scaling rules
Traders can hold up to 15 funded accounts. On Premium accounts, profit splits scale progressively from 75% up to 100% over the course of five payouts.
Related terms: trailing drawdown · consistency rule · profit split
Platforms & technology
Where and how you trade
Supported platforms
Payout structure
How and when you get paid
Pros & cons
A balanced view based on documented terms
Strengths
- +No minimum trading days on Express to Live accounts
- +Static and EOD drawdown options that do not trail intraday profits
- +Progressive profit split up to 100% on Premium accounts
- +Overnight and weekend holding permitted on Premium accounts
- +News trading allowed across all account models
Trade-offs
Phidias Propfirm FAQs
Based on terms reviewed August 30, 2026
What should traders verify before choosing Phidias Propfirm?+
Review the specific program's drawdown rules, payout eligibility, prohibited strategies, platform availability, refund terms and any country restrictions before purchasing. Terms can differ between programs at the same firm. This profile summarizes the latest documented terms we found, but traders should confirm the current rules directly with Phidias Propfirm before purchasing.
Does Phidias Propfirm offer evaluation and instant-funding options?+
Phidias Propfirm offers an evaluation (challenge) path. Program rules, fees and payout terms can differ between paths, so confirm the terms of the specific program you intend to buy.
How do Phidias Propfirm's payouts and profit split work?+
The published profit split is up to 90% of net profits to the trader, depending on the program; payouts are processed on a bi-weekly basis; first payout eligibility: Bi-weekly. Payout eligibility begins after the applicable program cycle, and program-specific terms should be confirmed directly with the firm.
How does Phidias Propfirm's scaling plan work?+
Phidias Propfirm publishes a scaling ceiling of up to $400,000 through scaling. Traders can hold up to 15 funded accounts. On Premium accounts, profit splits scale progressively from 75% up to 100% over the course of five payouts. A scaling ceiling is the maximum allocation reachable over time — not the size of an initial funded account.
What are Phidias Propfirm's main drawdown and trading restrictions?+
Based on the documented terms we reviewed: news trading is allowed, overnight holding is allowed, weekend holding is allowed, copy trading is not permitted. Drawdown type and consistency requirements can vary by program, so check the rulebook for the exact program before purchase.
Which platforms and markets are available at Phidias Propfirm?+
Platforms: MetaTrader 5, cTrader. Markets: forex, crypto. Availability can differ by program and by region — confirm on the firm's platform and product pages before purchasing.
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