Phidias 2026: Fundamental, Premium & Express to Live – Rules, Payouts & Prices
Phidias runs three futures programs: Fundamental and Premium (EOD trailing drawdown, no evaluation consistency) and Express to Live (E2L) with a static drawdown and a direct route to a live account. Premium – formerly "Swing" – allows overnight and weekend holds and raises your split up to 100%. Checked against Phidias' official rules on 11 November 2026.
⚡ Phidias in 30 seconds
- Fundamental – 80% split, 3 min days, payout every 10 qualifying days
- Premium – 75% → 100% split, 1 min day, overnight & weekend allowed
- Express to Live – static drawdown, bonus + LIVE credit, then 80/20 live
- No evaluation consistency – 30% only on funded CASH accounts
- OTP from $116 · code PROPPED
The Phidias programs
| Fundamental | Premium | Express to Live (E2L) | |
|---|---|---|---|
| Sizes | $50K / $100K / $150K | $50K / $100K / $150K | $25K / $50K / $100K / $150K |
| Drawdown | EOD trailing | EOD trailing | Static – never trails |
| Min days (eval) | 3 | 1 | None |
| Eval consistency | None | None | None |
| Funded consistency | 30% (CASH) | 30% (CASH) | None |
| Split | 80% | 75% → 100% (5th payout) | 80% bonus + LIVE credit, then 80/20 live |
| Payout rhythm | Every 10 qualifying days | Every 5 qualifying days | Once – then live |
| Overnight / weekend | No | Yes | No |
Prices
| OTP price (11 Nov 2026) | $25K | $50K | $100K | $150K |
|---|---|---|---|---|
| Fundamental | – | $116 | $144.60 | $172.60 |
| Premium | – | $144.60 | Check checkout | $224.60 |
| Express to Live | $138.50 | Check checkout | $180* | Check checkout |
OTP prices from Phidias' member area on 11 November 2026 (current promo). *E2L $100K: Tradovate OTP promo price on the homepage. Prices vary by platform, payment option (OTP or evaluation + activation) and campaign – the checkout applies. OTP does not skip the evaluation: it bundles evaluation and activation ($0 activation later). With the evaluation option, activation after passing costs $83–$169.
Fundamental & Premium rules
| Account | Target | Max DD (EOD) | Max size | Payout cap / cycle | Payout threshold | Qualifying day |
|---|---|---|---|---|---|---|
| $50K | $4,000 | $2,500 | 10 minis | $2,000 | $52,600 | ≥ $150 |
| $100K | $6,000 | $3,000 | 14 minis | $2,500 | $103,700 | ≥ $200 |
| $150K | $9,000 | $4,500 | 17 minis | $2,750 | $154,500 | ≥ $250 |
Fundamental
3 minimum trading days in the evaluation, 80% split, payout every 10 qualifying days. Intraday only.
Premium (ex Swing)
1 minimum day, overnight and weekend holds allowed, payout every 5 qualifying days. Split 75% → 80% → 85% → 90% → 100% from the 5th payout. One-time cash reset: $399 / $499 / $599.
The EOD drawdown – read this
- The floor is recalculated at the end of each day from your highest closing balance.
- But if your equity drops below the current floor during the day, the account is breached – intraday dips do count.
- Example $50K: floor $47,500. Close at $51,000 → new floor $48,500. If you dip to $48,400 the next day, the account is gone – even if you recover by the close.
Payouts
- Minimum $500 per payout · caps $2,000 / $2,500 / $2,750 per cycle.
- Your balance must reach the payout threshold ($52,600 / $103,700 / $154,500) first.
- 30% consistency on funded CASH accounts.
- Fundamental: every 10 qualifying days · Premium: every 5 (≥ $150 / $200 / $250 per day).
Express to Live (E2L)
A static drawdown that never trails, no minimum days and no consistency. After passing you reach the CASH profit target again, press Switch to Live and receive a fixed bonus (80%) plus a LIVE credit – then you trade a live account with an 80/20 split. The first payout is this bonus, not a normal CASH payout.
| E2L | Target | Static DD | Max size | Bonus (80%) | LIVE credit |
|---|---|---|---|---|---|
| $25K | $1,500 | $500 | 2 minis | $1,000 | $500 |
| $50K | $2,500 | $650 | 5 minis | $2,000 | $1,000 |
| $100K | $3,500 | $800 | 7 minis | $3,000 | $1,500 |
| $150K | $4,500 | $1,000 | 9 minis | $4,500 | $2,000 |
Live accounts from Fundamental or Premium
After 5 successful payouts or $100K cumulative payouts you become eligible for live trading – Phidias decides at its discretion. It is not automatic.
Limits, platforms & the 10K Challenge
- Up to 15 funded accounts combined · max. 5 E2L · only 1 LIVE account.
- Platforms: Rithmic, Tradovate, DeepCharts; NinjaTrader and TradingView via a compatible connection.
- Instruments: CME futures including Micro Bitcoin and Micro Ether futures – no spot crypto, no CFDs, no equity options.
- News trading is allowed on all programs.
- 10K Drawdown Challenge: a monthly competition with a $24K prize pool (currently $30 promo) – not a funded account.
Phidias FAQ
Does the OTP skip the evaluation?
No. OTP means you pay evaluation and activation in one go ($0 activation later) – you still have to pass the evaluation. With the normal evaluation option, activation after passing costs $83–$169 depending on the model.
Is there a consistency rule in the evaluation?
No. Fundamental and Premium have no evaluation consistency – the 30% rule applies only on the funded CASH account. Express to Live has none at all.
Do intraday dips count against the EOD drawdown?
Yes, they can. The EOD floor is only updated at the end of the day, but if your equity falls below the current floor during the day, the account is breached.
What is the profit split?
Fundamental and E2L 80%. Premium rises with every payout: 75%, 80%, 85%, 90% and 100% from the 5th payout.
How often can I get paid?
Fundamental every 10 qualifying days, Premium every 5. Minimum $500, caps $2,000 / $2,500 / $2,750 per cycle, and your balance must reach $52,600 / $103,700 / $154,500 first.
How does Express to Live work?
Pass the static-drawdown evaluation, reach the CASH profit target again, press Switch to Live: you get a fixed bonus (80%) plus a LIVE credit, then trade a live account with an 80/20 split.
Can I get a live account from Fundamental or Premium?
Possibly – after 5 successful payouts or $100K cumulative payouts you become eligible, but Phidias decides at its discretion.
What is the 10K Drawdown Challenge?
A monthly competition with a $24K prize pool – not a funded account.
How many accounts can I have?
Up to 15 funded accounts combined, max. 5 E2L, and only 1 LIVE account.
Which code should I use?
PROPPED – via our link at checkout.
Compare Phidias with other firms in our Comparison Tool or find more deals on our Discount Codes page.
Disclosure: PROPPED may earn a commission when you sign up through our links, at no extra cost to you. Rules from phidiaspropfirm.com (rules and accounts pages) and the Phidias member area, checked 11 November 2026. Prices vary by platform, payment option and campaign – the dashboard and checkout apply. Trading futures involves substantial risk. Not financial advice.