Phidias Review: Is It Worth It in 2026?

Name: Phidias prop firm challenge
Brand: Phidias

We score Phidias 3.5/5, which puts it #86 of the 90 firms we rank; traders give it 3.2/5 on Trustpilot across 332 reviews. It is a Gibraltar-based futures prop firm, run by Phidias Propfirm LTD, and has sold challenges for 3 years. It ranks #86 mainly because of its prices (cost 13/100; $269 per $1K of max loss at the median). Its best mark is payouts & split, at 92/100. Look elsewhere if you want to skip the evaluation entirely. Read the 1 warning we flag further down before paying.

By Prop Firms Top Research DeskEditorial teamOfficial site checked September 29, 2026List prices, no promo codes

Look elsewhere if

you want to skip the evaluation entirely; price per $1K of max loss is what you care about most (it sits near the top of its market); you would rather pay once than subscribe every month.

Where Phidias stands out

Top profit share100%

PhidiasTypical firm

its best split; the median across 90 firms is 80%

Entry price: $88/moplus $83 when you pass
Sizes: $25K–$150K
Top split: 100%
Payout cycle: 5 profitable days
Blocked countries: 59

Phidias3.5/5 · accounts from $88/moOpen site

⚠ Red flags on record

Trustpilot shows a warning that it detected and removed fake reviews on this company's profile (checked 2026-09-29)

Recorded from public sources on October 5, 2026. They are reported facts, not a legal ruling. While a warning stays open, the firm is kept off our beginner and most-established lists.

How Phidias scores

3.5/5 overall, computed as 2 + 3 × the weighted mean of seven criteria (details in our methodology).

The firm earns its best marks for payouts & split and rules & drawdown, and its lowest for cost.

That puts it #86 overall out of 90, and #28 among the 30 firms selling futures accounts.

Brand demand: people search Google for Phidias about 25,580 times a month worldwide (Ahrefs data). ⓘ

This is the effective date of the official privacy policy (29/09/2023). The homepage claims 3 years in operation.

How Phidias prices compare with other futures firms

Grey dots: each futures firm's median cost per $10K of buying power. Gold: Phidias.

Phidias is cheaper than 10% of futures firms, charging a median of $73.59 per $10K of funding. Its cheapest account costs $88 a month, plus $83 once you pass. With no fee after passing, accounts start at $277. After-pass activation fees reach $169 on some accounts. Per $1K of maximum loss, one of the two inputs of our cost score, it charges $269 at the median, more than 97% of futures firms. The other input is the cheapest all-in way to get funded, $171 a month.

Phidias accounts and what they cost

Cost at each account size

Lowest list price for every size, split by program.

$100K 1-Step account drawn to scale

Green bars are the phase targets, red is the overall loss cap and the dashed line is the daily cap.

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%

First 10 of 20 accounts shown.

Trading rules at Phidias

Daily loss cap: —
Overall loss cap: 0.67–5%
Drawdown type: End-of-day trailing and Static
Profit target: 3–8%
Fewest trading days: 0–3
Best-day cap: 30% cap on 12 of 20 accounts; none on 8
Trader share: 80–100%
Quickest payout cycle: After 5 profitable days
Smallest withdrawal: $500 or more
Fee once you pass: as much as $169

Each of the three programs has one evaluation phase. After it you get a funded CASH account, with a path on to a LIVE account cleared through Dorman Trading.
Express to Live (25K-150K) uses a static drawdown that never trails ($500-$1,000). It has no daily loss limit, no minimum trading days and no consistency rule. A trader may hold 5 E2L accounts at most.
Fundamental (50K-150K) uses an end-of-day trailing drawdown ($2,500-$4,500). On CASH it locks at starting balance + $100. The evaluation needs 3 minimum days. Trading is intraday only, so close positions before the daily session deadline.
Premium (50K-150K) shares the targets and drawdowns of Fundamental, with a 1-day evaluation minimum. You may hold overnight and over the week. A CASH account can be reset once ($399-$599).
On Fundamental and Premium, funded CASH accounts have a 30% daily consistency rule. Evaluations have none.
No program has a daily loss limit.
Every account allows news trading. Scalping, intraday and swing styles are fine, and so is DCA.
Fully automated trading, robots and HFT are banned. Semi-automated tools are allowed while you supervise them.
Copy trading is allowed within the account limits. You can run up to 15 funded accounts at once. The caps are 5 per program and 4 accounts of 150K CASH.
Banned: lottery-style all-in trades, single-tick Treasury arbitrage, calendar spread trading and illiquid contracts.
If you fail an evaluation, buy a reset or wait 30 days for an automatic one. Refunds are not given.
Products: CME, CBOT, NYMEX and COMEX futures (indices, rates, FX, micro crypto, agriculture, energy, metals) plus EUREX futures. Commissions are charged per side.

Getting paid by Phidias

Payouts at Phidias come after 5 profitable days, and your share reaches 100%. Money is sent by Phidias Wallet and Bank transfer via Rise.

How often you get paid: After 5 profitable days or after 10 profitable days
Your profit share: 80%–100%
Smallest withdrawal: $500
Paid out via: Phidias WalletBank transfer via Rise
Best-day cap: 30% cap on 12 of 20 accounts; none on 8
Ways to buy a challenge: Credit/debit cardPhidias Wallet (reinvested payouts)

Full payout terms

Money goes into the Phidias Wallet first. From there you withdraw by bank transfer via Rise or reinvest in new accounts. The firm says 90% of payouts clear within 30 minutes and all within 24 hours.
Fundamental pays an 80% split every 10 trading days. Each cycle has a $500 minimum and a $2,000 / $2,500 / $2,750 maximum (50K / 100K / 150K). You need a balance above the threshold and days with a minimum PnL of $150-$250.
Premium pays every 5 trading days. The split climbs 75% -> 80% -> 85% -> 90%, then hits 100% from the 5th payout. Minimums, maximums and thresholds match Fundamental.
Express to Live has no regular withdrawals on CASH. Hitting the CASH target triggers Switch to Live. You get a fixed bonus ($1,000-$4,500, 80/20) in the Wallet and a LIVE credit ($500-$2,000).
LIVE accounts pay daily at 80/20 with no cap (min $500).
Fundamental and Premium traders move to LIVE after 5 successful payouts or $100,000 in cumulative profit. A discretionary risk review applies.
Monthly plans charge a lifetime activation fee when you pass ($83-$169). One-time plans have no activation fee.

Countries Phidias accepts and blocks

Phidias keeps 59 countries on its blocked list. Of the 20 markets we profile, 14 are open to its traders, while Nigeria, Pakistan, South Africa, Kenya, Philippines and Indonesia are not.

United Arab Emirates ✓

Nigeria ✕

Pakistan ✕

South Africa ✕

Kenya ✕

Philippines ✕

Indonesia ✕

Full blocked list (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

Haiti

Indonesia

Iran

Iraq

Jamaica

Kenya

Kosovo

Laos

Lebanon

Libya

North Macedonia

Mali

Malta

Mauritius

Montenegro

Mozambique

Myanmar

Namibia

Nicaragua

Nigeria

North Korea

Pakistan

Papua New Guinea

Philippines

Romania

Russia

Senegal

Serbia

Slovenia

Somalia

South Africa

South Sudan

Sri Lanka

Sudan

Syria

Tanzania

Trinidad and Tobago

Tunisia

Crimea (Ukraine)

Venezuela

Yemen

Zimbabwe

What you can trade, and where

Trading platforms

Rithmic DeepCharts NinjaTrader Tradovate TradingView Quantower MotiveWave ATAS Sierra Chart Bookmap

Instruments

Futures Indices Interest Rates FX Crypto Agriculture Energy Metals

Futures on CME, CBOT, NYMEX and COMEX (equity indices, rates, currencies, micro Bitcoin/Ether, agriculture, energy, metals), plus EUREX futures via dxFeed. Only Premium allows overnight and weekend holds

Phidias on Trustpilot: how traders rate it

Fake reviews flagged: Trustpilot reports that it found and deleted fake reviews on the Phidias page and may hide the TrustScore. Read the figures below with care. In our score, this rating counts at half the normal weight.

TrustScore

3.2/5

332 reviews in total, 196 from the past year

Open the Trustpilot page ↗

Star distribution

5★

60%

4★

3★

2★

1★

33%

Phidias' response to reviews

Negative reviews answered: 37.5% of 72
Typical response time: 6.6 days
Claimed by the company: Oct 2024
Asks customers for reviews: No

60% of the Trustpilot ratings for Phidias are five stars, and 33% are one star. For a prop firm, that one-star share is high, so read the latest ones on Trustpilot before you buy.

Figures taken from the public Trustpilot page on September 29, 2026. We display the ratings, never the review texts.

Traded with Phidias? Email us your experience with a purchase or payout screenshot; the address is on our contact page. Verified reports help us keep this review accurate.

Phidias: strengths and drawbacks

Strengths

You keep up to 100% of profits
Withdrawals after 5 profitable days
Permits news trading, weekend holding and copy trading
8 asset classes, among them futures, indices, interest rates
Runs on 10 platforms, Rithmic and DeepCharts among them

Drawbacks

Passing can cost up to $169 more as an activation fee
Billed as a recurring monthly subscription
Closed to traders from 59 countries

Firms similar to Phidias

Bulenox

rated 3.6 · from $94 · $53.70 per $10K

My Funded Futures

rated 3.7 · from $105 · $40.10 per $10K

Earn2Trade

rated 3.9 · from $150/mo + $139 after passing · $48.90 per $10K

Apex Trader Funding

rated 3.3 · from $167 + $59 after passing · $64.40 per $10K

Our method for this Phidias review

This review was built by hand from Phidias' pricing pages, legal terms and public records, and the 9 pages we used are listed under "Where our facts come from". The trader rating is a Trustpilot snapshot from September 29, 2026. The score follows the formula on our methodology page, and affiliate payments never move it.

Questions traders ask about Phidias

Is Phidias legit?

Phidias belongs to Phidias Propfirm LTD (Gibraltar), and it has sold evaluations for roughly 3 years. Trustpilot users give it 3.2/5 across 332 reviews. Go through the 1 warning on this page before you pay.

How often can you withdraw from Phidias?

On its quickest accounts, Phidias pays after 5 profitable days and lets you keep up to 100% of the profit; withdrawals start at $500. Money goes out by Phidias Wallet and Bank transfer via Rise. For customer experience with payouts, see the Trustpilot breakdown above.

Which company is behind Phidias?

Phidias is run by Phidias Propfirm LTD, a company registered in Gibraltar.

Can you trade with Phidias from the US?

Yes. In our data, the US is not among the countries Phidias blocks.

What does a $50K Phidias account cost?

At list price, before any promo code, the 1-Step costs $164 a month (then $149 once you pass).

How much can you lose in a day at Phidias?

Most accounts carry no daily cap at all. Over the life of the account you can lose 0.67–5%, tracked as end-of-day trailing or static drawdown.

Is there a consistency rule at Phidias?

12 of its 20 accounts cap your best day at 30% of total profit. 8 accounts have no such cap.

Where our facts come from

Pages and records we consulted on September 29, 2026:

phidiaspropfirm.com: overview of programs, promo code, how payments and payouts flow, platforms and years in operation
phidiaspropfirm.com/accounts: monthly versus one-time billing, FAQ, account limits and the E2L 25K configurator
phidiaspropfirm.com/rules: targets, drawdowns, contracts, minimum days, consistency, activation fees, payout rules, restricted countries, products and banned practices
member.phidiaspropfirm.com/signup/cfgcheckout: USD list prices by program, size and billing option
member.phidiaspropfirm.com: second check of list prices, and the 10K Drawdown Challenge price
phidiaspropfirm.com/tou: legal entity, Gibraltar law, KYC, card payments, refunds and platforms
phidiaspropfirm.com/privacy: legal entity, support email and the policy effective date of 29/09/2023
phidiaspropfirm.com/about-us: registration in Gibraltar and support languages
trustpilot.com/review/phidiaspropfirm.com: number of reviews; rating hidden

Last data check: October 5, 2026. Based on the firm's own website, terms and help centre, plus Trustpilot and company registers. Spotted a mistake? Let us know.