Does Phidias Propfirm have an activation fee?

Some Phidias Propfirm accounts do: $83 to $169 when you pass. Others have none, so check the account you want.

How much does Phidias Propfirm cost?

Phidias Propfirm accounts range from $88 to $1,125, and some are billed monthly. These are list prices before any discount code.

What drawdown does Phidias Propfirm use?

Phidias Propfirm accounts use Static, EOD drawdown, depending on the account type.

What is the Phidias Propfirm profit split?

80% to 100% of your profit goes to you, depending on the account.

What are the Phidias Propfirm payout rules?

Payout caps from $1,000 to $4,500 per payout. Open an account page for its buffer, consistency and payout timing rules.

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Phidias Propfirm Review 2026: Rules and Payouts | Futures Firm Finder

Phidias Propfirm review

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Trust score

29Read carefully

Trading futures since

2023 · 3 yrs

Accounts

20 in 3 types

Price range

$88 – $1,125

Choose an account

$25K to $150K

1 Account type

2 Size

3 How You Pay

Static drawdown that never trails, zero minimum trading days, no consistency rule and no daily loss limit. Pass the evaluation, reach the target again on the funded cash account and click Switch to Live to collect a fixed bonus payout and move to a live account.

Evaluation

Express to Live $25K

$88

Profit target$1,500

Max loss$500

DrawdownStatic

Daily loss limitNone

Min. trading days0

Profit split80%

Full rules

All 20 accountsShow

Compare in the full table

Account	Options	Price	Target	Max loss	Drawdown	Daily limit
Express to Live $25K	Evaluation (activation fee on pass)	$88	$1,500	$500	Static	None
Express to Live $25K	One-Time Payment (no activation fee)	$277	$1,500	$500	Static	None
Express to Live $50K	Evaluation (activation fee on pass)	$278	$2,500	$650	Static	None
Express to Live $50K	One-Time Payment (no activation fee)

Live account

Most accounts here stay simulated for the account's whole life: the firm pays you out of its own revenue, and no real money ever changes hands in your trades. Phidias Propfirm is different — it also runs a real, live-capital account that some traders graduate into.

How you qualify

Express to Live: reach the profit target on the funded cash account and click Switch to Live. Fundamental and Premium: strictly discretionary review after 5 successful payouts or $100,000 cumulative profit across all accounts.

What changes once you're live

Live trades are cleared by Dorman Trading, a registered FCM. Express to Live pays a fixed bonus (25K $1,000 to 150K $4,500, 80/20) plus a live credit and then 80/20 live payouts daily with no cap ($500 minimum). Fundamental and Premium live-credit is up to $750 to $1,250 per active cash account.

Worth knowing

One live account per trader. Elite Live needs 60 days live and $125,000 balance; Master Live needs 120 days and $250,000.

“Real capital” and “live” are Phidias Propfirm's own description of this account, taken from its own site — not something we independently verify. Source

What changed

Changes Phidias Propfirm made to its rules or accounts

No rule or product changes recorded yet.

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Phidias Propfirm questions answered

Does Phidias Propfirm have an activation fee?: Some Phidias Propfirm accounts do: $83 to $169 when you pass. Others have none, so check the account you want.
How much does Phidias Propfirm cost?: Phidias Propfirm accounts range from $88 to $1,125, and some are billed monthly. These are list prices before any discount code.
What drawdown does Phidias Propfirm use?: Phidias Propfirm accounts use Static, EOD drawdown, depending on the account type.
What is the Phidias Propfirm profit split?: 80% to 100% of your profit goes to you, depending on the account.
What are the Phidias Propfirm payout rules?: Payout caps from $1,000 to $4,500 per payout. Open an account page for its buffer, consistency and payout timing rules.

About Phidias Propfirm

Three account types: Express to Live (static drawdown, no minimum days, no consistency rule, and your first cash payout converts the account to a live one), Fundamental (end-of-day trailing drawdown, intraday only) and Premium (same drawdown but overnight and weekend holds, a progressive profit split from 75% to 100%, and a one-time reset of a funded account). Each can be bought as a one-time payment with no activation fee, or as a cheaper evaluation with an activation fee when you pass. News trading is allowed on every account. Evaluation accounts are unlimited; up to five funded accounts per category.