Mixed
What to watch for: a lower Trustpilot rating, a newer firm with less of a track record, 4 confirmed rules worth reading (copy trading & ea (bot) rules, arbitrage trading, vpn / multi-identity policy, mandatory stop-loss / risk rules).
This score is about trust and reputation: how traders rate the firm, how long it has run futures accounts, and how many restrictive conduct rules sit in its terms. It is not a rating of how good or generous its accounts are, so a firm with excellent accounts can still land in the middle here.
See Phidias Propfirm's accountsNo usable Trustpilot score, for reasons unrelated to the firm's own conduct, so this counts as neutral. Trustpilot has suspended this firm's star rating for breaching its guidelines, so there is no score to show. The profile lists 337 reviews.
Confirmed: copy trading & ea (bot) rules, arbitrage trading, vpn / multi-identity policy, mandatory stop-loss / risk rules.
Trading futures since 2023, about 3 years.
Fully automated trading and robots are not permitted; only semi-automated tools where the trader actively monitors and adjusts every trade. Copy trading is allowed across your own accounts within the account limits, and third-party copy software is allowed but at your own risk.
What this rule meansOne-tick Treasury bond arbitrage and spread trading between two maturities of the same product are prohibited, and so are inverse buy/sell trades across multiple accounts on the same asset.
What this rule meansAccount limits apply across all of a user's logins and across any person at the same address or IP, so households are treated as one trader.
What this rule means'Lottery' trades are discouraged: chasing exceptional trades or building funds quickly with excessive risk, and full-margin trading into high-volatility news, are not supported, and traders must keep consistent position sizes and risk management.
What this rule means