Futures firms comparator

Am Langenwall 1, 18439 Stralsund, Germany

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

Lennard Wenderholm

Germany

Gibraltar

2023

Lvlup charges no payout fee.

Both the evaluation and the funded account are simulated, unless a separate agreement says otherwise.

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.

• Lvlup: every 14 days. The days in the cycle do not need to be profitable.
• Starter: after every 5 profitable days. 5 payouts at most; the fifth closes the account.

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

Approved payouts are processed within 48 hours at most, usually 24 to 48h.

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

• Lvlup: 10% of the starting balance per payout.
• Starter: 4% on 25K and 50K, 2.5% on 100K and 2% on 150K, never more than 50% of the profit generated.

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.

• Starter: $500 on every size.
• Lvlup: no published minimum.

$500.

• KYC with Sumsub before the funded account. The payout method must belong to the verified holder.
• Lvlup: the 40% consistency rule must be met when you request the payout.
• Starter: the account is locked from the request until the payout is approved.
• The full requested amount comes off the balance and the drawdown is not reset.

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.

A failed account cannot be reset or reactivated: you have to buy a new evaluation.

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.

Payout Protector (+25% of the price): if a funded account fails while in profit, they review the case and may pay what was eligible. It does not prevent the breach or keep the account open, and it must be added at purchase.

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

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.

End-of-day trailing: it follows the highest closing balance and updates once the day ends; intraday moves do not shift it. On Lvlup it stops trailing once the account is up 6% and locks at the starting balance; Starter does not publish that lock. Touching it closes the account.

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.

80% on Lvlup and 100% on Starter.

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 on the CASH account. LIVE accounts: 80%.

No daily loss limit.

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

$1,000,000 per trader, adding up every active account, evaluation and funded.

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.

No fixed number of accounts: the limit is the total capital.

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.

• Lvlup: no expiry, but you must trade at least once every 30 days.
• Starter: 30 days from the first trade; it does not renew.

5 in the evaluation. Any day with at least one executed trade counts.

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.

• Lvlup: activation fee after passing, due within 30 days. It is lower if the evaluation was monthly. No monthly fee once funded.
• Starter: no activation fee.

Lvlup Elite: 1 point per dollar paid out by Lvlup and 200 per passed Lvlup account; verified payouts and passes at other futures firms count too. 10,000 points unlock 12 months in a club with events and trips, where each point is worth $1. It cannot be bought.

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.

• Lvlup: none; payouts follow 14-day cycles.
• Starter: 5 profitable days before each payout.

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

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

• Lvlup: monthly or one-time payment, your choice. The monthly fee runs while the evaluation is open and stops when you pass, fail or cancel.
• Starter: one-time payment only.
• On Volumetrica, Lvlup monthly ($129, $225, $369 and $476) and Starter ($161, $226, $291 and $356) cost more. Lvlup one-time costs the same on both platforms.

Your own bots are allowed, for the holder's own trading. High-frequency bots and bots that copy trades between different traders are forbidden.

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

Allowed within the same account. Forbidden across accounts, yours or another firm's.

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.

No minimum trade duration, but no HFT and no sub-60-second trades at the contract limit.

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

Contract limit by account size, counting all open exposure together (1 mini = 10 micros). Risking an outsized share of the account on a single move is forbidden.

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.

Only between your own accounts, within contract and capital limits. Copying other traders or following signal groups is forbidden.

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

Allowed in evaluation and funded, with no 3-minute restriction. The general terms of Prop Account, the company running the evaluations, do forbid opening positions 3 minutes before and after a news event.

At least one trade every 30 days; the timer cannot be paused. On Lvlup it also applies once funded.

40%: your best day cannot exceed 40% of total profit. On Lvlup it applies in the evaluation and at every payout request; on Starter, only in the evaluation. Exceeding it does not fail the account: you keep trading until it drops below 40%.

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 price errors, delays or latency
• High-frequency trading (HFT)
• Hedging or arbitrage across accounts, other firms included
• Front-running and insider information
• Group trading, signals or copying other traders
• Having a third party trade or pass the evaluation for you
• All-in or excessive risk on a single move
• Passing with one strategy and switching it once funded
• Trading at or near the contract limit for under 60 seconds (Prop Account terms)

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.

Everything closed by 15:55 CST on normal days; trading resumes at 17:00 CST. Hours change on holidays and closing in time is the trader's job.

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