Prop Firm Addict

Best Prop Firm Trading Opportunities for Aspiring Traders in 2025 PIPPO

Home

Apex Trader Funding Reviews

Ticktick Trader Reviews

Take Profit Trader Reviews

Earn2trade Reviews

Phidiaspropfirm Reviews

Thelegendstrading Reviews

Elite Trader Funding Reviews

My Funded Futures Reviews

Topstep Reviews

Trustpilot Logo4.5Verified Company

Phidias Propfirm Review

Fabian Shaw

by Fabian Shaw, Day Trader &
Accountability Coach @ Tradacc

— Expert Verdict

Phidias Propfirm stands out in the prop trading industry for its transparent rules, flexible trading conditions, and support for a wide range of trading styles. While the absence of a scaling plan may limit long-term growth for some traders, the firm's commitment to risk management and trader support makes it a strong choice for those looking to advance their futures trading careers.

Read Phidias Propfirm Funding Summary

Phidias PropfirmPhidias Propfirm

Phidias Propfirm Funding Summary

Phidias Propfirm is a futures proprietary trading firm established in 2021. It offers traders access to funded accounts with sizes ranging from $10,000 to $1,000,000. The firm supports trading in various futures contracts, including indices, commodities, and currencies, providing opportunities for both swing traders and day traders to develop their trading skills.

Trading Conditions

9/10

Phidias Propfirm offers favorable trading conditions, including low-latency execution through the Rithmic data feed and support for various trading platforms. The firm allows overnight and over-weekend trading for Swing accounts, catering to diverse trading styles.

Value for Money

8/10

Phidias Propfirm offers competitive pricing for its funded accounts, with reasonable fees relative to the capital provided. The firm's transparent fee structure and supportive trading conditions provide good value for money, especially for traders focused on futures trading accounts.

Payout Speed

8/10

Payouts are processed every 10 trading days, ensuring a regular and predictable payment schedule for traders.

Trust

7/10

Phidias Propfirm has garnered positive feedback from its trading community, with traders praising its transparent processes and reliable payouts. The firm's commitment to clear communication and consistent support contributes to its strong reputation in the prop trading industry.

Support Team

9/10

The firm provides customer support through multiple channels, including email and a dedicated Discord community. Traders report prompt and helpful responses, indicating a high level of support quality.

Learn more about Phidias Propfirm

Profit Goal:

Profit targets are set according to account size: $1,500 for $25K accounts, $4,000 for $50K accounts, and $6,000 for $100K accounts.

Days to Pass:

A minimum of 3 trading days is required to pass the evaluation phase for most account types.

Profit Goal:

Profit targets vary by account size, ranging from $1,500 for a $25K account to $6,000 for a $100K account, which must be met to initiate a payout.

Min Payout:

To request a payout, traders must achieve a minimum profit target specific to their account size, with no additional withdrawal limits imposed.

Example:

For a $50K account, achieving the $4,000 profit target allows the trader to request a payout, with no additional withdrawal thresholds.

Profit split:

Traders retain 100% of the first $25,000 in profits, after which a 90% profit split applies.

Consistency Rule: Traders must maintain consistent performance, with no single trading day accounting for more than 30% of total profits.

Scaling: Phidias Propfirm does not currently offer a scaling plan for funded accounts.

Max Risk: The maximum drawdown allowed is 5% of the account balance.

Max Drawdown: A maximum drawdown of 5% is enforced, calculated on an end-of-day basis.

News Trading: News trading is permitted across all account types.

Daily Drawdown: There is no specific daily drawdown limit; however, the end-of-day drawdown rule applies.

Supported trading platforms include Sierra Chart, Bookmap, Quantower, MotiveWave, and ATAS, all compatible with the Rithmic data feed.

Funding Process:

Traders begin by selecting an evaluation account and paying the associated fee. Upon meeting the profit target within the specified drawdown limits and trading days, they pay an activation fee to receive a live funded account.

Funding Cost:

Evaluation fees range from $26.40 for a $25K Static account to $82.20 per month for a $100K Swing account. Activation fees vary between $83 and $270, depending on the account type and chosen payment plan.

Best Funded Account Size

The $50K Fundamental account is recommended for its balance between manageable profit targets and substantial capital, making it suitable for traders aiming for consistent trading success.

Phidias Propfirm Current Best Deal

As of May 2025, Phidias Propfirm is offering significant promotional discounts. Traders can avail up to 70% off on Fundamental challenge accounts, 80% off on Swing challenge accounts, and 50% off on resets by using the promo code 'NOW'. This promotion provides an excellent opportunity for traders to access funded accounts at reduced costs.

Phidias Propfirm Funding Pricing and Commission Fees

Commission fees at Phidias Propfirm vary depending on the specific futures product and the trading platform used. While exact figures are not publicly disclosed, traders can expect competitive rates aligned with industry standards. It's advisable for traders to consult directly with the firm or refer to the trading platform's fee schedule for detailed information on commission structures.

Instruments

Phidias Propfirm offers funded traders access to a diverse range of instruments within the futures market. These include major indices such as the S&P 500 and Nasdaq, commodities like crude oil and gold, as well as currency futures. The firm supports trading on prominent exchanges including CME, CBOT, NYMEX, and COMEX, providing ample opportunities for traders to engage in various futures contracts.

Trustpilot Logo4.5
Verified Company

Phidias Propfirm Funding Legit

Phidias Propfirm's legitimacy is supported by numerous positive reviews and a track record of timely payouts. The firm's transparent fee structure and clear trading rules further affirm its credibility in the futures proprietary trading space.

How do I learn how to trade?

Phidias Propfirm offers a comprehensive educational section on its website, including trading platform templates, a lexicon for proprietary traders, and various resources aimed at enhancing trading skills. These materials are designed to support traders in achieving trading success within the futures market.

Learn from the Funding Accelerator to discover the key to trading success.

FAQ

Phidias Propfirm is a futures proprietary trading firm that offers funded trading accounts to individuals. The firm supports trading on various platforms compatible with the Rithmic data feed, including Sierra Chart, Quantower, ATAS, Bookmap, and MotiveWave. These platforms are accessible on Windows and macOS devices. Currently, mobile trading platforms are not supported.

Phidias Propfirm accepts traders from many countries; however, due to regulatory and compliance reasons, certain countries are restricted. These include Afghanistan, Albania, Algeria, Angola, Belarus, Bosnia and Herzegovina, Botswana, Bulgaria, Burkina Faso, Burundi, Central African Republic, Congo (DR), Croatia, Cuba, Ecuador, Ethiopia, Guyana, Haiti, Iran, Iraq, Jamaica, Kenya, North Korea, Laos, Lebanon, Libya, Mali, Malta, Mauritius, Mozambique, Myanmar, Namibia, Nicaragua, Nigeria, North Macedonia, Pakistan, Papua New Guinea, Philippines, Romania, Russia, Senegal, Slovenia, Somalia, South Africa, Sri Lanka, Sudan, Syria, Tanzania, Trinidad and Tobago, Tunisia, Ukraine, Venezuela, Yemen, Zimbabwe, Montenegro, Serbia, South Sudan, and Kosovo. For a complete and updated list, please refer to Phidias Propfirm's official resources.

Traders at Phidias Propfirm are not liable for losses incurred during trading. The only financial obligations are the evaluation, activation, and reset fees. Once these fees are paid, traders are not responsible for any trading losses beyond their initial investment.

Yes, traders can be banned from Phidias Propfirm for violating trading rules or engaging in prohibited activities. This includes, but is not limited to, exploiting the system, collusion, or any form of fraudulent behavior. The firm emphasizes the importance of adhering to its guidelines to maintain a fair trading environment.

Proprietary trading firms, commonly known as prop firms, provide traders with access to the firm's capital to trade financial instruments. In return, traders share a portion of the profits they generate. This model allows traders to leverage more significant capital without risking their own funds, while firms benefit from the traders' performance.

Phidias Propfirm has established itself as a reputable entity in the proprietary trading industry. The firm is known for its transparent operations, timely payouts, and supportive trading environment. Numerous traders have reported positive experiences, indicating that Phidias Propfirm is a reliable platform for those looking to engage in futures trading.