Futures firms comparator

2026-10

2023

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

Gibraltar

After five payouts the account is reviewed for a possible live transition; it is not automatic. Initial accounts use simulated capital.

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.

Every 5 days; five payouts before account review.

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

One and Signature: 5% of balance up to 75K and 4% on 100K and 150K. One additionally limits withdrawals to 50% of total profit. Instant: 5% at all sizes.

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.

500 USD

$500.

Positive net profit across the payout cycle. KYC and Trader Agreement. Shared wallets are not accepted; failed KYC means forfeiture of gains and account closure. Optional store credit is irrevocable and expires after one year.

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.

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

Liquidity-provider commissions vary by instrument and platform; check specifications.

Remove Lock on Payout: +25%. Payout Protector: +25%, Signature only. Optional add-ons; checkout indicates they are included in renewal.

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

End-of-day trailing; the threshold retains its pre-payout level unless Remove Lock on Payout is purchased.

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.

One: none. Signature: 6% on 25K, 4% on 50K, 3% from 75K. Instant: 4%.

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 count; the $1 million limit is shared across evaluations, funded accounts and markets.

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 evaluation deadline; the inactivity limit applies.

Instant: monthly subscription from the funded account. The reviewed sources do not publish a One or Signature activation fee.

One: 5 days with at least $100/150/200/250/300 on 25/50/75/100/150K. Instant: 5 days according to checkout. Signature: no explicit confirmed requirement.

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

Monthly subscription; platform prices are listed in each challenge.

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.

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.

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.

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

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.

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.

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

The FAQ permits proprietary automation subject to restrictions, but the checkout catalogue flags EAs as disallowed. Obtain written confirmation for the selected plan and platform before using automation.

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

Permitted within one account. Coordinated opposing positions across accounts or firms are prohibited.

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.

Tick harvesting, full porting and sub-minute positions at or near the contract limit are prohibited.

No universal per-trade percentage is published; gambling, all-in and abuse of margin, leverage or contract limits are prohibited.

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 accounts owned by the same trader. Signals, passing services, group trading and EAs facilitating copy trading are prohibited.

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

Existing positions may remain open. No opening or closing within 3 minutes before or after high-impact news. Consequences include P&L removal, reduced leverage or account termination.

Account closes after 30 consecutive days without trading.

One: 40% in evaluation and funded. Signature: 50% in both. Instant: 20%. If the best day exceeds the allowed share of total profit, continue trading until compliant.

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.

Cross-account arbitrage, latency or pricing-error exploitation, insider trading, front-running, third-party passing strategies and changing strategy between evaluation and funded trading. All-in, gambling and excessive exposure are prohibited. Trading is reviewed before funded account issuance.

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.

Close before the platform session ends.

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.