Futures firms comparator

Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab Emirates

Suite 4.3.02, Block 4, Eurotowers, Gibraltar, GX11 1AA

Jelle Dijkstra

United Arab Emirates

Gibraltar

Prime Program requires Risk approval: eligible after 5 payouts on one account (the SIM account maximum), 10 across accounts, or 20% profit on one account. Only accounts with at least one payout move to Live. Choose Live or a cash-out of 50% of MLL per eligible account within 24 hours; no answer means Live. SIM accounts close and evaluations pause. Cash-out or a Live breach: 21 days without new purchases or resuming evaluations. Live starts at $0 with real capital, EOD drawdown, 80% split, daily payouts and no consistency rule. One Live trader per household; other household members cannot hold SIM Funded accounts.

Express to Live converts the CASH account to LIVE after reaching its CASH target and requesting the first payout through “Switch to Live”. Phidias states that the full path from signup to first payout and LIVE conversion can be completed in 48 hours on every E2L size. Fundamental and Premium may transition to LIVE after 5 payouts or $100,000 in cumulative profits, subject to the risk team’s discretion.

• BrightPlus: up to one approved payout per session; first payout from 24 hours after the first trade. Each subsequent payout requires fresh closed profit of 1% of the original account size.
• BrightCore: winning-day cycles, counted again from the next full session after each payout.

Fundamental: every 10 qualifying trading days. Premium: every 5 qualifying days. LIVE from Express to Live: daily.

Processing within 24 business hours of the request.

Phidias states that 90% of payouts are processed in under 30 minutes and all payouts within 24 hours.

Per request: 25K $1,000; 50K $2,000; 100K $3,000; 150K $4,000.

• BrightPlus: also limited to the balance above the buffer.
• BrightCore: the lowest of the size cap, 50% of current profit, and balance minus (starting balance + $100). The 2x addon doubles only the size cap.

Fundamental and Premium: up to $2,000 per cycle on 50K, $2,500 on 100K, and $2,750 on 150K. LIVE accounts originating from Express to Live have no maximum daily limit.

Minimum request: $250, before the profit split.

$500.

At least 18 or the higher local age of majority. Sumsub KYC and a signed contract before SIM Funded activation, within 24 hours of completing both. One profile per person. The minimum trade duration rule must be met in each payout cycle. USDC on ERC-20 or bank transfer.

Fundamental and Premium apply a 30% consistency rule on CASH accounts. A qualifying day must generate at least $150 on 50K, $200 on 100K, or $250 on 150K. Express to Live uses a separate bonus and automatic LIVE conversion system.

Per contract, per side, USD, all fees included: ES/NQ/RTY/YM 2.88; MES/MNQ/M2K/MYM 0.95; NKD/ZC/ZL/ZW 3.65; 6A/6B/6C/6E/6J/6N/6S/NG 3.10; M6A/M6B/M6E 0.84; CL 3.00; MCL 1.20; QM 2.70; QG 2.00; GC/SI/HG/PL 3.15; MGC 1.30; HE/LE 3.60; ZS/ZM 3.63. Round trip: twice these rates.

After a breach, within the time shown on the dashboard. Restarts evaluation even from SIM Funded, keeping the account number and addons. Costs 55% of the current list price including addons; addons cannot change and the hedging warning is not restored.

Fundamental and Premium allow unlimited evaluation resets. A failed subscription also resets with the next 30-day renewal. Express to Live does not allow resets. Premium CASH permits one funded-account reset.

Optional at purchase, with additive surcharges on the base price: 100% Profit Split +20%; 2x Payout Cap +40%; BrightCore only, 3 Day Payout Cycle +20%. Targets, drawdown and contracts do not change.

Market-depth data and additional exchanges can be purchased from the member area.

• BrightPlus: intraday trailing on peak equity, including open profit. In SIM it locks at starting balance + $100 once equity reaches the buffer.
• BrightCore: trailing on the highest closing balance, updated between 4:45 and 5:59 PM ET. In SIM it locks at starting balance + $100 on the first approved payout, even if previously higher.
  No lock during evaluation. Touching the floor with live equity breaches the account at any time.

Express to Live uses a static drawdown that never moves. Fundamental and Premium use trailing drawdown calculated at the end of the day; the limit remains fixed during the session.

The split applies to each requested amount; the full request is deducted from the account balance.

Express to Live and Fundamental: 80%. Premium: 75% on the first payout, 80% on the second, 85% on the third, 90% on the fourth, and 100% from the fifth onward.

No separate daily loss limit.

There is no daily loss limit on Express to Live, Fundamental, or Premium.

BrightPlus: starting balance + MLL + $100, retained after every payout. Only closed profit counts. Falling below pauses payouts without breaching the account. BrightCore has no such buffer.

A minimum threshold applies when requesting a payout, but withdrawals may reduce the balance to $50,100, $100,100, or $150,100. Phidias does not treat this as a locked buffer.

Up to 5 active SIM Funded accounts across all plans and sizes. Unlimited evaluations. With all 5 slots used, another evaluation pass waits until a slot opens.

Unlimited evaluation accounts. A trader may operate a LIVE account while pursuing a new evaluation. Simultaneous maximum: 5 Fundamental CASH, 5 Premium CASH, and 5 Express to Live CASH/LIVE accounts. The 10K Drawdown Summer Edition allows unlimited simultaneous entries, with only the trader’s best account counting on the leaderboard. Fundamental and Premium 150K accounts count as two slots in their category.

No time limit, subject to inactivity rules.

No explicit minimum. Consistency requires at least 2 sessions on BrightPlus and 3 on BrightCore in practice.

Evaluation: 0 days on Express to Live, 3 on Fundamental, and 1 on Premium. CASH: 0 days for the Express to Live bonus, 10 qualifying days between payouts on Fundamental, and 5 on Premium.

Trade2Earn: activity earns BrightTokens redeemable for perks and evaluations, with no cash value. On Live, Prime Ladder pays bonuses every 10 winning days through Diamond (80 days); Prime Trader at 90 is status only. Total bonuses per account: 25K $5,000; 50K $10,000; 100K $20,000; 150K $30,000. Losing days and payouts preserve progress; an account breach resets it.

Phidias Wallet centralizes account subscriptions, bank or cryptocurrency withdrawals, purchases, activations, and LIVE-account funding directly from earnings. Phidias Points are an internal unit that cannot be transferred outside the ecosystem.

• BrightPlus: no winning-day requirement.
• BrightCore SIM: 5 per payout, or 3 with the addon. Minimum closed net profit per session: 25K $100; 50K $200; 100K and 150K $300. Days need not be consecutive; at most one per session.

On Fundamental and Premium CASH accounts, a qualifying day must close with at least $150 on 50K, $200 on 100K, or $250 on 150K.

LIVE accounts may advance to ELITE after 60 days and a $125,000 balance, or MASTER after 120 days and $250,000. Transition remains subject to risk review.

On LIVE accounts, traders may request a contract-limit increase in writing. The risk team may approve, reject, or adjust the limit.

Only exclusively self-authored software with no third-party access. It must not mirror another trader, be a black box or run simultaneously at other firms. Source-code review may be required.

Robots, fully automated algorithms, and HFT are prohibited. Semi-automated software is allowed when the trader actively monitors and manually adjusts every trade.

VPN/VPS allowed without concealing identity or location or bypassing country restrictions. Only the owner may trade the account.

Prohibited within and across your accounts, including different expiries, mini/micro and correlated instruments in the same group. First occurrence: warning, positions closed and profit removed while losses remain. Second: account breach. One warning per evaluation and one over the lifetime of SIM, not renewed by payouts or resets. Both accounts are penalized for a cross-account hedge.

Hedging is prohibited on the same underlying within one account (including ES vs MES), between CASH accounts, and through coordinated opposite trades between traders; violations can close all involved accounts and lead to a ban. Multiple assets may be traded simultaneously, but the contract cap applies across all symbols; bypassing it can close the account without refund.

More than 50% of net winning-trade profit must come from trades held longer than 15 seconds. Partial fills count separately. Equality is insufficient. Noncompliance delays passing or blocks payouts without breaching the account; the calculation restarts after each payout. Exploitative tick scalping and HFT are prohibited.

Only between your BrightFunded accounts within the same profile. Copying others, signals or group trading is a hard breach.

Allowed within the maximum account limits. Identical strategies exceeding the authorized allocation may result in account suspension.

Open a new trade every 30 calendar days in evaluation and every 7 trading sessions in SIM, excluding holidays. Closing, editing and unfilled pending orders do not count. Advance warning; missing the deadline deactivates the account as a hard breach.

Evaluation only: best session / total net profit, up to 50% on BrightPlus and 40% on BrightCore. Includes commissions and losing days. Recalculated at session close; equality is allowed. Delays passing without breaching the account. Does not apply in SIM.

There is no consistency rule during evaluation or on Express to Live. On Fundamental and Premium CASH accounts, no single day may represent more than 30% of total profit. It is calculated over at least 4 days.

Allowed only on Premium. Fundamental and Express to Live must close before the end of the session.

Exploiting simulated prices, latency, fills or liquidity; arbitrage, spoofing, layering, abusive HFT, oversized one-way bets, account rolling, third-party management and risk or size changes inconsistent with normal trading. Terms allow affected profits to be removed, extra limits imposed or accounts closed.

Robots and fully automated trading; HFT; lottery-style or full-margin trades during high-volatility news; old or illiquid contracts; spreads between expirations; one-tick Treasury-bond arbitrage; exploitation of technical or market errors.

Automatic close at 4:45 PM ET, Monday to Friday, without a breach for auto-close. CME session runs from 6:00 PM to 5:00 PM ET the next day; holiday cutoffs may be earlier.

Allowed only on Premium. Fundamental and Express to Live must close before the end of the session.

DCA is allowed to smooth entry points, provided consistent risk management is maintained.

Phidias requires consistent position sizing and risk management. Lottery-style trading, excessive margin usage, or non-replicable patterns may lead to reduced contracts or account closure.