HQ Gibraltar
Phidias Review 2026
Phidias is a Gibraltar-based futures prop firm operated by Phidias Propfirm LTD, selling challenges for 3 years, rated 3.5/5 by our formula (#85 of 90) and 3.2/5 on Trustpilot from 332 reviews. It is best for frequent (daily) payout requests and trading without a consistency rule; skip it if you want instant funding. We list 1 warning about it below.
- Trader reviews
- 33
- Price per $10K
- 12
- Rules & drawdown
- 72
- Payouts & split
- 100
- Track record
- 50
- Platforms & programs
- 67
Best for frequent (daily) payout requests; trading without a consistency rule.
Skip if you want instant funding; price per $10K is your priority (among the most expensive in its market); you prefer a one-time fee over a monthly subscription.
⚠ Warnings we found
- Trustpilot shows a warning that it detected and removed fake reviews on this company's profile (checked 2026-09-29)
Listed as found on September 29, 2026. These are facts from public sources, not a legal finding. Firms with open warnings are excluded from our beginner and most-established lists.
Score breakdown
Phidias scores highest on payouts & split and rules & drawdown, and lowest on price per $10k.
It ranks #85 of the 90 firms we track and #28 of 30 futures firms.
Effective date of the official privacy policy (29/09/2023); homepage states 3 years of operation.
Price vs the futures market
Phidias's median price per $10K of funding is $61.66, one of the most expensive futures firms per $10K. The cheapest single account costs $88 per month, plus an activation fee of up to $169 when you pass.
Phidias challenges and prices
Price by account size
$100K 1-Step: targets and limits
| Account | Program | Price | Target | Daily | Max | Drawdown | Split |
|---|---|---|---|---|---|---|---|
| $25K | 1-StepExpress to Live (Monthly) | $88/mo | 6% | — | 2% | Static | 80% |
| $25K | 1-StepExpress to Live (One-Time) | $277 | 6% | — | 2% | Static | 80% |
| $50K | 1-StepFundamental (Monthly) | $164/mo | 8% | — | 5% | End-of-day trailing | 80% |
| $50K | 1-StepExpress to Live (Monthly) | $278/mo | 5% | — | 1.3% | Static | 80% |
| $50K | 1-StepPremium (Monthly) | $329/mo | 8% | — | 5% | End-of-day trailing | 100% |
| $50K | 1-StepFundamental (One-Time) | $580 | 8% | — | 5% | End-of-day trailing | 80% |
| $50K | 1-StepExpress to Live (One-Time) | $723 | 5% | — | 1.3% | Static | 80% |
| $50K | 1-StepPremium (One-Time) | $723 | 8% | — | 5% | End-of-day trailing | 100% |
| $100K | 1-StepFundamental (Monthly) | $273/mo | 6% | — | 3% | End-of-day trailing | 80% |
| $100K | 1-StepExpress to Live (Monthly) | $318/mo | 3.5% | — | 0.8% | Static | 80% |
Showing 10 of 20 accounts.
Phidias rules
- Daily loss limit
- —
- Maximum loss
- 0.67–5%
- Drawdown model
- End-of-day trailing and Static
- Profit target (phase 1)
- 3–8%
- Minimum trading days
- 0–3
- Consistency rule
- None listed
- Profit split
- 80–100%
- Payout frequency
- from daily
- Payout threshold
- $500
- Activation fee
- up to $169
- Three programs, each with a single evaluation phase followed by a funded CASH account and a path to a LIVE account cleared through Dorman Trading.
- Express to Live (25K-150K): static drawdown that never trails ($500-$1,000), no daily loss limit, no minimum trading days, no consistency rule; max 5 E2L accounts per trader.
- Fundamental (50K-150K): end-of-day trailing drawdown ($2,500-$4,500) that locks at starting balance + $100 on CASH; 3 minimum evaluation days; intraday only, positions must be closed before the daily session deadline.
- Premium (50K-150K): same targets and drawdowns as Fundamental, 1 minimum evaluation day, overnight and over-week holding allowed; one-time CASH account reset ($399-$599).
- Funded CASH accounts on Fundamental and Premium carry a 30% daily consistency rule; evaluations have none.
- No daily loss limit on any program.
- News trading allowed on all accounts; scalping, intraday and swing styles allowed; DCA allowed.
- Fully automated trading, robots and HFT are prohibited; semi-automated tools allowed if the trader supervises them.
- Copy trading allowed within the account limits; up to 15 funded accounts at once (max 5 per program, max 4 accounts of 150K CASH).
- Banned: lottery-style all-in trades, single-tick Treasury arbitrage, calendar spread trading, illiquid contracts.
- Failed evaluation: buy a reset or wait 30 days for an automatic reset. No refunds.
- Products: CME, CBOT, NYMEX, COMEX futures (indices, rates, FX, micro crypto, agriculture, energy, metals) and EUREX futures; commissions charged per side.
Payouts and payments
- Payouts are paid into the Phidias Wallet, then withdrawn by bank transfer via Rise or reinvested in new accounts; the firm says 90% are processed within 30 minutes and all within 24 hours.
- Fundamental: 80% split, payout every 10 trading days, min $500, max $2,000 / $2,500 / $2,750 per cycle (50K / 100K / 150K); needs balance above threshold and days with minimum PnL of $150-$250.
- Premium: payout every 5 trading days, split rises 75% -> 80% -> 85% -> 90% -> 100% from the 5th payout; same min/max and thresholds as Fundamental.
- Express to Live: no regular withdrawals on CASH; reaching the target on CASH triggers Switch to Live, a fixed bonus ($1,000-$4,500, 80/20) to the Wallet and a LIVE credit ($500-$2,000).
- LIVE accounts pay daily with no cap (min $500), 80/20 split.
- Fundamental/Premium traders move to LIVE after 5 successful payouts or $100,000 cumulative profit, subject to discretionary risk review.
- Monthly plans charge a lifetime activation fee on pass ($83-$169); one-time plans have no activation fee.
Pay for a challenge
Receive payouts
Payout cycle
Requests from daily; split up to 100%.
Verified payout data from traders will appear here once our payout tracker launches.
Where Phidias is available
Phidias restricts 59 countries. Of the 20 markets we cover in detail, it accepts traders from 14 and blocks Nigeria, Pakistan, South Africa, Kenya, Philippines, Indonesia.
Nigeria ✕
Pakistan ✕
South Africa ✕
Kenya ✕
Philippines ✕
Indonesia ✕All restricted countries (59)
Afghanistan
Albania
Algeria
Angola
Belarus
Bosnia and Herzegovina
Botswana
Bulgaria
Burkina Faso
Burundi
Central African Republic
Croatia
Cuba
Democratic Republic of the Congo
Ecuador
Ethiopia
Guyana
HaitiIndonesia
Iran
Iraq
JamaicaKenya
Kosovo
Laos
Lebanon
Libya
North Macedonia
Mali
Malta
Mauritius
Montenegro
Mozambique
Myanmar
Namibia
NicaraguaNigeria
North KoreaPakistan
Papua New GuineaPhilippines
Romania
Russia
Senegal
Serbia
Slovenia
SomaliaSouth Africa
South Sudan
Sri Lanka
Sudan
Syria
Tanzania
Trinidad and Tobago
Tunisia
Crimea (Ukraine)
Venezuela
Yemen
ZimbabwePlatforms and markets
Platforms
Markets
CME, CBOT, NYMEX, COMEX futures (equity indices, rates, currencies, micro Bitcoin/Ether, agriculture, energy, metals) plus EUREX futures via dxFeed; Overnight/weekend holding only on Premium
What traders say about Phidias: real reviews and rating
- Replies to negative reviews
- 37.5% of 72
- Average reply time
- 6.6 days
- Profile claimed
- Oct 2024
- Invites customers to review
- No
60% of Phidias's Trustpilot reviews are 5-star and 33% are 1-star. That is a high share of 1-star reviews for a prop firm; read the most recent ones, which usually concern payouts or account breaches.
Snapshot of the public Trustpilot page on 2026-09-29. We show ratings only, not review texts. Verified reviews from traders on this site are coming soon.
Pros and cons
Pros
- Profit split up to 100%
- Daily payout requests
- 10 platforms incl. Rithmic and DeepCharts
Cons
- Activation fee up to $169 after passing
- Monthly subscription pricing
- Restricts 59 countries
Trader reviews
No verified reviews yet. Reviews on this site require proof of purchase or payout. Submit yours.
How we reviewed Phidias
We researched Phidias by hand from its own pricing pages, terms and public records; every source is listed below. Trader ratings come from a public Trustpilot snapshot taken on September 29, 2026. Scores are calculated with the formula on our methodology page; affiliate commissions do not change them.
Phidias FAQ
Is Phidias legit?
Phidias is operated by Phidias Propfirm LTD (Gibraltar) and has been selling challenges for about 3 years. It is rated 3.2/5 on Trustpilot from 332 reviews. We list 1 warning about it on this page; read them before buying.
Does Phidias pay out, and how fast?
Phidias's rules allow payout requests daily on its fastest accounts, with a profit split of up to 100% and a minimum payout from $500. Payout methods: Phidias Wallet and Bank transfer via Rise. We do not verify individual payouts; the trader reviews section shows what customers report.
Who owns Phidias?
The company behind Phidias is Phidias Propfirm LTD, registered in Gibraltar.
Can US traders use Phidias?
Yes. The United States is not on Phidias's restricted-country list in our data.
How much is a $50K account at Phidias?
$164/month for the 1-Step plus $149 after passing, at list price without promo codes.
What is the daily loss limit at Phidias?
Most accounts have no daily loss limit; the maximum loss is 0.67–5% (end-of-day trailing and static).
Does Phidias have a consistency rule?
Yes, on 12 of its 20 accounts: the best day may not exceed 30% of total profit.
Sources
This dossier was researched from the firm's own pages and public records on September 29, 2026:
- phidiaspropfirm.com/: programs overview, promo code, payment/payout flow, platforms, years of operation
- phidiaspropfirm.com/accounts: billing options (monthly vs one-time), FAQ, account limits, E2L 25K configurator
- phidiaspropfirm.com/rules: targets, drawdowns, contracts, min days, consistency, activation fees, payout rules, restricted countries, products, prohibited practices
- member.phidiaspropfirm.com/signup/cfgcheckout: list prices (USD) per program, size and billing option
- member.phidiaspropfirm.com/?_lang=en: list prices cross-check, 10K Drawdown Challenge price
- phidiaspropfirm.com/tou: legal entity, Gibraltar law, KYC, card payments, refund policy, platforms
- phidiaspropfirm.com/privacy: legal entity, policy effective date 29/09/2023, support email
- phidiaspropfirm.com/about-us: Gibraltar registration, support languages
- www.trustpilot.com/review/phidiaspropfirm.com: review count; rating hidden
Data last checked September 29, 2026. Source: the firm's official website, terms and help centre, Trustpilot and company registers. Found an error? Tell us.