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Comparison · Futures

Platforms and execution: Phidias Propfirm and The Trading Pit Futures

The technical ecosystem of a futures trader determines the quality of order filling and the depth of analysis. Phidias Propfirm and The Trading Pit Futures offer robust but distinctly configured environments for professional activity.

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Where you trade

The platform is the trader's cockpit. Phidias Propfirm offers one of the most extensive catalogs in the industry, including RTrader Pro, Rithmic, Tradovate, NinjaTrader, Tradingview, DeepCharts, Quantower, MotiveWave, ATAS, Sierra Chart, Bookmap, and Jigsaw. This allows for everything from simple charting to advanced order flow.

The Trading Pit Futures matches this technical depth with a selection focused on professional execution: ATAS, Quantower, Volsys, RTrader Pro, Tradovate, NinjaTrader, TradingView, Sierra Chart, MotiveWave, Jigsaw, and Volfix. While both share the core Rithmic/Tradovate infrastructure, The Trading Pit includes Volfix and Volsys, which are highly valued by professional volume traders.

Who executes your orders

Execution quality depends on the underlying infrastructure. Phidias Propfirm routes its operations through Dorman Trading, a well-established Futures Commission Merchant (FCM). This provides a direct link to the clearinghouse.

The Trading Pit Futures operates as a technology-heavy firm using Rithmic, dxFeed, and Tradovate as their primary data and execution engines. Unlike CFD firms, both companies provide a real market environment where slippage and liquidity reflect the actual state of the CME or EUREX order books.

Leverage and margin

Risk rules in futures are defined by the drawdown and contract limits.

  • Phidias Propfirm: Offers two distinct risk models. The Express to Live accounts use a static drawdown that never moves, providing a "hard floor" for the trader. The Fundamental and Premium plans use an end-of-day trailing drawdown, which only updates at the close of the session, avoiding the intraday "peak-to-valley" pressure. There is no daily loss limit.
  • The Trading Pit Futures: Uses an end-of-day trailing drawdown that stops at the starting balance. However, it incorporates a Daily Pause (daily loss limit) that automatically closes positions and pauses trading if a specific threshold is hit, acting as a technical circuit breaker to protect the trader's capital.

Markets available

Both firms provide access to the major global derivatives exchanges:

  • Authorized Exchanges: CME, CBOT, NYMEX, COMEX, and EUREX.
  • Assets: Equity Indices (ES, NQ, DAX), Interest Rates, Currencies (6E), Cryptocurrencies, Agriculture, Energies (CL), and Metals (GC).
  • Market Data: Both offer free Top-of-Book (Level 1) data for CME during evaluation. The Trading Pit charges $16/month for Level 2 (Market Depth) for Chicago, while Phidias charges €11/month per exchange or €33 for the full CME bundle.

What the setup lets you do

The rules dictate the strategy's viability:

  • Automation: The Trading Pit fully allows EAs and automated algorithms. Phidias prohibits fully automated robots and HFT, only allowing semi-automated software where the trader manually adjusts trades.
  • Holding: Phidias allows overnight and weekend holding only on its Premium accounts. The Trading Pit strictly forbids holding positions overnight or through weekends.
  • Scaling: The Trading Pit uses a level ladder where drawdown and contract limits increase as you reach profit targets. Phidias has fixed contract limits (e.g., 14 E-mini for a 100K account) but allows scaling to ELITE or MASTER levels after 60-120 days.
  • Copy Trading: Both allow copy trading up to 5 accounts, provided the trader owns all accounts.

What the setup costs

Execution and maintenance costs impact the net bottom line:

  • Entry Price: A $100,000 account at The Trading Pit costs $189 (one-time fee). At Phidias, the same size costs $318 (Express to Live) or $273/month (Fundamental), plus an activation fee of $149.
  • Commissions: Phidias charges between $0.74 and $2.92 per side depending on the contract. The Trading Pit has a standard commission of $0.50 per side plus exchange fees, totaling around $2.12-$2.67 for standard contracts.
  • Payouts: Phidias is exceptionally fast, processing 90% of payouts in under 30 minutes. The Trading Pit processes them within 24 hours. The profit split is 80% for both, though Phidias Premium can scale up to 100%.

Better setup for

  • Phidias Propfirm: Best for discretionary scalpers and swing traders (Premium) who need a wide variety of platforms, static drawdown options, and ultra-fast payouts.
  • The Trading Pit Futures: Best for algorithmic traders and those looking for a one-time fee structure with a professional scaling ladder and a daily loss limit for disciplined risk management.

Frequently asked questions

Which firm is more affordable for a 100K account, Phidias or The Trading Pit?

The Trading Pit is significantly more affordable for starting a 100K account, with a one-time fee of $189 and no activation fees for new Prime accounts. In contrast, Phidias requires a higher initial investment: $318 for the evaluation plus a $149 activation fee for the Express to Live 100K model, or a $273 monthly subscription for the Fundamental version.

Does Phidias or The Trading Pit offer better conditions for automated trading?

The Trading Pit offers much better conditions for automation as it fully allows EAs and algorithmic strategies. Phidias has a restrictive policy, prohibiting fully automated robots and HFT; it only permits semi-automated software that requires constant manual supervision and adjustment by the trader.

Which firm has a more trader-friendly drawdown, Phidias or The Trading Pit?

Phidias offers a more flexible drawdown environment by providing an Express to Live plan with a static drawdown that never moves up, alongside Fundamental/Premium plans with end-of-day trailing. While The Trading Pit also uses end-of-day trailing, it imposes a mandatory Daily Pause (daily loss limit), which Phidias does not use, giving traders more breathing room during volatile sessions.

Who allows holding positions over the weekend, Phidias or The Trading Pit?

Only Phidias allows holding positions over the weekend and overnight, specifically through its Premium accounts. The Trading Pit strictly prohibits holding positions during market closures, requiring all trades to be closed before the end of the session, similar to the rules for Phidias's Fundamental and Express to Live accounts.

Field by field

Phidias Propfirm and The Trading Pit Futures, side by side

Rules, plans, platforms, leverage, commissions and payouts of both, with the option to see only what differs.

Head to head

45 differences

80%off · Exclusive
Headquarters

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

Heiligkreuz 6, 9490, Vaduz, Liechtenstein

Country

Gibraltar

Liechtenstein

Foundation

2023

2022

Banned Countries
Afghanistan, Albania, Algeria, Angola, Belarus, Bosnia and Herzegovina, Botswana, Bulgaria, Burkina Faso, Burundi, Central African Republic, Croatia, Cuba, Dem. Rep. Congo, Ecuador, Ethiopia, Guyana, Haiti, Indonesia, Iran, Iraq, Jamaica, Kenya, Kosovo, Laos, Lebanon, Libya, Macedonia, Mali, Malta, Mauritius, Montenegro, Mozambique, Myanmar (Burma), Namibia, Nicaragua, Nigeria, North Korea (DPRK), Pakistan, Papua New Guinea, Philippines, Romania, Russia, Senegal, Serbia, Slovenia, Somalia, South Africa, South Sudan, Sri Lanka, Sudan/Darfur, Syria, Tanzania, Trinidad and Tobago, Tunisia, Crimea (Ukraine), Venezuela, Yemen, Zimbabwe
Afghanistan, Albania, Antarctica, Belarus, Burkina Faso, Chad, Congo, Côte d'Ivoire, Cuba, Djibouti, East Timor, Guinea-Bissau, Iran, Iraq, Lao PDR, Lesotho, Libya, Malawi, North Korea (Democratic People's Republic of Korea), Palestinian Territory, Russia, Rwanda, Sierra Leone, Somalia, South Sudan, Sudan, Syria, Tajikistan, Yemen
CEO
No data

Daniela Egli

Assets
Indices, Interest Rates, Currencies, Cryptocurrencies, Agriculture, Energies, Metals
Equity Indexes, Currencies, Agricultural, Energy, Metals, Interest Rates, Crypto
Brokers
Dorman Trading
Rithmic, dxFeed, Tradovate
Platforms
RTrader Pro, Rithmic, Tradovate, NinjaTrader, Tradingview, DeepCharts, Quantower, MotiveWave, ATAS, Sierra Chart, Bookmap, Jigsaw
ATAS, Quantower, Volsys, RTrader Pro, Tradovate, NinjaTrader, TradingView, Sierra Chart, MotiveWave, Jigsaw, Volfix
Payout Methods
Rise, Transfer, Crypto
Transfer, Crypto, Rise
Live Account
Yes

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.

No
Payment Methods
Card
Card, Crypto, Bank Transfer
Payout Frequency

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

No data
Payout Guarantee

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

Within 24 hours on business days

Maximum Withdrawal

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.

Up to 50% of the current profit buffer per reward, capped at $2,500 ($50K), $3,500 ($100K) or $5,000 ($150K).

Minimum Withdrawal

$500.

$100

Other Payout Requirements

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.

First reward: 5 winning days of at least $200 each. Later rewards: at least $0.01 net profit since the previous reward and 5 new $200 winning days.

Payout Fee
No data

No payout fee

Account Reset
Limited

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.

Available for Futures Challenges with at least one trading day remaining; unavailable on Earning accounts.

Add-ons
Yes

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

Yes

Optional Level 2 market data is available. Challenge Extend costs $99 / $189 / $289 by account size.

Instant
No
No
One Step
Yes
Yes
Account scaling
Limited

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.

Yes

Buying power scales from end-of-day profit and is adjusted daily at 16:00 CT.

After passing the Challenge the account moves through a level ladder. Each level has its own profit target and drawdown limit; reaching the target unlocks a payout and promotes the account to the next level, with more capital, more drawdown flexibility and a higher profit share. Smaller accounts run through around 10 levels.

Max Drawdown

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.

Trailing on end-of-day balance. It stops at the starting balance and never moves down.

Profit Split

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.

80%

Free Trial
No
No
Daily Drawdown

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

Daily Pause is recalculated from the previous day's closing balance at 16:15 CT. It closes positions and pauses trading until the next day.

Max Allocation
600,000
5
Mandatory buffer
No

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
Maximum Accounts

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 data
Minimum Trading Days

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.

3 unique trading days to pass.

Points Reward Program

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.

Respect Points Program (Affiliate)
10% commission on each referred trader turns into points for the original trader. Points accumulate per challenge purchased via your affiliate link.

Minimum Profitable Days

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

No data
Position size scaling
Limited

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

Yes

The contract limit grows with each level of the ladder. An account that starts at 10 micros can reach 50 micros; larger accounts scale up to 50 standard contracts.

Merge Accounts
No data
No
Maximum Trading Days
No data

30 days (includes weekends and holidays)

Funded Phase Pricing Model
No data

No activation fee for new Futures Prime accounts purchased from 26 March 2026.

Evaluation Phase Pricing Model
No data

One-time fee; no subscription.

Expert Advisor (EA)
No

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

Yes
VPN
No
Limited

VPN is allowed for individual traders, provided it is not used to mask shared access or coordinated activity between accounts. Multiple accounts accessed from the same IP / network is prohibited.

Hedging
No

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.

Limited

Hedging within the same account is allowed for risk-management purposes, provided no Hedging Arbitrage is involved. Hedging between two accounts (BUY on one + SELL on the other) is prohibited.

Requires Stop Loss
No
No
Scalping
Yes
Yes
Stacking / Layering (DCA)
Yes

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

Yes
Martingale
No
No
Maximum Risk Limit
Limited

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.

No
Copy Trading
Yes

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

Limited

Copy trading is allowed up to 5 accounts (manual or automated). If you copy the same strategy to more than 5 accounts, we reserve the right to deny upgrades of additional accounts. You may only copy from external accounts that are yours (not from other traders). Copying between your Futures Challenges and Futures Earning accounts is prohibited.

News Trading
Yes
Yes
Consistency Rule
Limited

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.

Yes

40% Consistency Rule (Futures Prime Challenge only). Single-day profit may not exceed 40% of the profit target. Any excess is added to the new profit target. The rule does not apply to Earning accounts.

Hold Weekend
Limited

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

No
Prohibited Strategies

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.

  • High-frequency, latency, reverse, hedge-arbitrage or arbitrage trading
  • Grid, martingale, gambling or account rolling
  • Gap trading before extended market closures
  • Copying between Challenge and Earning accounts
  • Emulators, unauthorized feeds or exploiting fills
Overnight positions
Limited

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

No
Inactivity Rule
No data

21 consecutive days without placing a single trade → the account is considered inactive and breached. Holding an overnight position or having an unexecuted pending order does NOT count as activity. The countdown starts when the account is purchased/created.

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