Rank #5 of 16 · reviewed August 2026
Phidias Propfirm review
Best rules of all 16: no intraday trailing, no daily loss limits, fastest live path
The verdict
This Phidias Propfirm review is based on the firm's current rulebook, payout policy and reputation record as of August 2026 — scored the same way we score all 16 firms we track.
Best rules of the 16 — no intraday trailing drawdown anywhere, no daily loss limits, news trading allowed, ~$173 one-time for a 150K under the 80% promo, and E2L converts to a real Dorman live account after one payout, the fastest live path anywhere. Held back by thin, polarized reviews (3.4-3.9 stars, ~25% one-star) and Gibraltar domicile. Size a starter position and verify the first payout personally.
Trustpilot ~3.4-3.9/5, polarized (~68% five-star, ~25% one-star), profile once flagged for fake reviews; '100% payout approval' marketing contradicted by at least one credible denial; near-zero US community footprint
What's good
- No intraday trailing drawdown anywhere; no daily loss limits
- ~$55-$225 one-time entry, $0 activation, $0 monthly on OTP
- Contractual live account at Dorman after one E2L payout — fastest live path
- Premium allows overnight/weekend holds and scales to 100% split
- News trading allowed on all accounts
What's not
- Thin, polarized reputation; Gibraltar entity, no regulator
- Very tight static drawdowns on E2L ($650 on 50K)
- 30% daily consistency cap and per-cycle payout caps in CASH stage
- Live conversion outside E2L is discretionary; no refunds ever
Who Phidias Propfirm is for
- Budget-first traders — one of the cheapest real paths to a funded account.
- Swing traders — positions can be carried without tripping session rules.
- News traders — CPI/FOMC/NFP trading is allowed where most firms ban it.
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The rules that matter
- Eval cost
- Fundamental 150K ~$173 one-time (80% off $863 list); E2L 150K ~$225 one-time
- Activation fee
- $0 on one-time-payment accounts; ~$83-$169 lifetime on monthly eval accounts
- Account sizes
- 25K, 50K, 100K, 150K
- Max accounts
- 5
- Drawdown
- mixed
- Consistency rule
- None in eval; funded CASH stage: no single day may exceed 30% of accumulated profit
- Profit split
- 80/20 (E2L/Fundamental); Premium scales 75% → 100% from 5th payout
- Payouts
- Fundamental every 10 trading days, Premium every 5; min $500; CASH per-cycle caps ~$2,000-$2,750; E2L converts to live at Dorman after first payout — live has daily payouts, no max.
- Platforms
- Rithmic, Tradovate, NinjaTrader, TradingView, DeepCharts
- Data feed
- multiple (Rithmic/Tradovate); top-of-book CME free
- Typical discount
- One promo at a time: currently — 80% off one-time accounts, 50-60% off monthly
Phidias Propfirm FAQ
Is Phidias Propfirm legit?
Trustpilot ~3.4-3.9/5, polarized (~68% five-star, ~25% one-star), profile once flagged for fake reviews; '100% payout approval' marketing contradicted by at least one credible denial; near-zero US community footprint
What drawdown does Phidias Propfirm use?
Phidias Propfirm uses a mixed drawdown. Check the firm's current rules page for exact mechanics.
How do payouts work at Phidias Propfirm?
Fundamental every 10 trading days, Premium every 5; min $500; CASH per-cycle caps ~$2,000-$2,750; E2L converts to live at Dorman after first payout — live has daily payouts, no max.
Is there a Phidias Propfirm discount code?
Discounts of 30–90% are evergreen across the industry (Phidias Propfirm: One promo at a time: currently — 80% off one-time accounts, 50-60% off monthly). Never pay list price.