Phidias Prop Firm Rules: 25K Static, Drawdown, Consistency Rule and Every Account

Phidias prop firm rules for the Express to Live (including the 25K static account), Fundamental and Premium accounts, the 10K Drawdown Challenge and the LIVE accounts. Phidias Propfirm is a Gibraltar-registered futures prop firm (phidiaspropfirm.com). Its rules split cleanly by account: Express to Live uses a static drawdown with no consistency rule and no minimum days, while Fundamental and Premium use an end-of-day trailing drawdown, a 30% consistency rule on the funded CASH account and a minimum-profit trading-day count before payouts. No Phidias account has a daily loss limit, and news trading is allowed on all of them. This page sets out each rule with dollar values for every size, drawdown and consistency calculators, the scaling question, the practices that get accounts closed, the older 25K Static and Swing rules, and the places where Phidias’ own pages disagree.

Phidias Rule Checks

How Phidias Accounts Work

Phidias sells simulated futures evaluations. You pay either monthly (with a lifetime activation fee when you pass) or once (the one-time payment includes the funded account, with no activation fee). After you reach the target without breaking a rule, the account is audited by the risk team within 24 to 72 business hours and you are issued a funded CASH account, which is still simulated. From there the paths split:

• Express to Live: hit the same profit target again on the CASH account, press “Switch to Live”, and a fixed bonus is paid to your Phidias Wallet while the account becomes a LIVE account with real capital. No discretion is involved.
• Fundamental and Premium: you request payouts from the CASH account under the withdrawal rules. After 5 successful payouts or $100,000 in cumulative profit you may be offered a LIVE account, but Phidias decides alone and can approve, defer or decline.
• 10K Drawdown Challenge: a monthly contest ranked by profit, with cash prizes and discount or account rewards rather than a funded account path.
• LIVE: real trades cleared by Dorman Trading (via Sweet Futures), an 80/20 split whatever split you had on CASH, and only one LIVE account per trader.

Trading runs on Rithmic (R Trader Pro, Quantower, MotiveWave, ATAS, Sierra Chart, Bookmap), on dxFeed through DeepCharts, or through Tradovate and NinjaTrader, with TradingView connected via Tradovate. The platforms are tied to the data feed on your account and are not interchangeable: the Terms say NinjaTrader and Tradovate do not work with the Rithmic feed, so pick the route before you buy.

Source: Phidias Propfirm All Our Rules page and Terms of Use and Tradovate, NinjaTrader and TradingView page – How It Works, General Rules, Terms 2.1 to 2.3, platform page – checked October 11, 2026.

Phidias Accounts Side by Side

The four account families on sale on the check date. Dollar values for every size follow in each account’s own section.

Source: Phidias Propfirm All Our Rules page and Terms of Use – account grids, Overnight and Over-Week, Withdrawal Rules, 10K Drawdown Challenge – checked October 11, 2026.

The Phidias 25K Static Account

“Phidias 25K static” is the name traders still use for the smallest Express to Live account. Until at least April 2026 the rules page listed a separate “25K Static” account; the current rules page lists Express to Live 25K with the same core numbers: $25,000 of simulated capital, a $500 static drawdown, a $1,500 target, a $1,000 bonus and a $500 LIVE credit. The one-time list price is also unchanged at $277 (the April 2026 copy listed “25K Static: €267 or $277”; the accounts page showed “$277 without code” on the check date).

• The cushion only grows with profit. Make $1,000 and your balance is $26,000 against a $24,500 line: $1,500 of room. Lose $300 on the first trade and you have $200 left, and nothing resets it the next morning.
• Two ES contracts move $100 per index point together, so a 5-point stop costs $500 before commissions. On Rithmic, ES commission is $2.20 per side; ten round turns on 2 contracts cost $88, which is 17.6% of the whole drawdown.
• Five validated 25K accounts stack into one LIVE account: $5,000 in bonuses (5 x $1,000) and $2,500 of LIVE credit and static loss (5 x $500), per the Terms’ own example.
• You must be flat before the end of the trading day. The 25K static account cannot hold over the weekend.
• If a LIVE account built from Express to Live fails, you cannot buy a new Express to Live evaluation for one month.

Source: All Our Rules page and Terms of Use and Accounts and configurator page and rules page as archived on April 8, 2026 (Internet Archive) – E2L grid, Terms 3.2.3, configurator price, archived 25K Static rules – checked October 11, 2026.

Phidias Express to Live Rules

Express to Live (E2L) is the static-drawdown family. There is no consistency rule, no minimum trading days, no daily loss limit and no withdrawal process on the CASH account: you pass the evaluation, reach the target again on the CASH account, press “Switch to Live”, and a fixed bonus goes to your Phidias Wallet while the CASH account turns into a LIVE account.

• Liquidation threshold = initial capital minus static drawdown. The account is liquidated if the balance reaches or falls below it.
• The 50K drawdown is $650, only 1.3% of capital, with 5 E-minis allowed. Full size on ES risks $250 per point, so a 2.6-point move wipes the account.
• The bonus is a fixed amount described as subject to the 80/20 split. The pages do not show a worked net figure, so check in the dashboard whether the $1,000 is before or after the 20%.
• Overnight and over-week positions are not permitted at any E2L stage, including LIVE “unless agreed”.
• E2L payouts and bonuses do not count toward the 5-payout or $100,000 threshold used for the Fundamental and Premium LIVE review.
• Maximum 5 E2L accounts per trader, CASH and LIVE combined.

Source: Phidias Propfirm All Our Rules page and Terms of Use – Express to Live Account Rules; Terms 3.2.3 – checked October 11, 2026.

Phidias Fundamental Account Rules

Fundamental is the intraday account: end-of-day trailing drawdown, 3 minimum days to pass, 10 qualifying days per funded payout, a 30% consistency rule on the CASH account, a fixed 80/20 split, and every position closed by 9:59 PM UTC.

• No overnight or weekend holding, and all instruments must be traded inside 11:00 PM to 9:59 PM UTC, Sunday to Friday.
• Consistency applies only on the funded CASH account: in the evaluation one big day is fine.
• A funded day counts toward the 10 only if it closes at or above the minimum profit. A $100 day on a 50K account does not count.
• Failed evaluation: buy a reset ($40 / $64 / $104 on 50K / 100K / 150K per the Terms) or wait for the automatic reset after 30 days.
• There is no reset for a breached Fundamental CASH account; the funded reset is a Premium-only option.

Source: Phidias Propfirm All Our Rules page and Terms of Use – Fundamental Account Rules, Trading Hours, Withdrawal Rules; Terms 3.1.2 – checked October 11, 2026.

Phidias Premium Account Rules

Premium has the same drawdown, targets, position limits and 30% CASH consistency rule as Fundamental, but allows overnight and weekend holds, passes in 1 day, is funded 1 trading day after the pass, pays every 5 qualifying days and raises the split with each payout.

• Overnight and weekend positions are allowed “with a lot size corresponding to the size of your account”, so the same 10 / 14 / 17 mini limits apply through the close.
• The Cash Account Reset can be used once per CASH account and only within 24 hours of liquidation. After that the account disappears from the dashboard.
• If Phidias moves a Premium trader to LIVE, the split becomes 80/20 regardless of the level reached, and the Terms say the trader cannot refuse the transition.
• Premium is excluded from the Fundamental trading-hours rule.

Source: Phidias Propfirm All Our Rules page and Terms of Use – Premium Account Rules, Progressive Profit Split, Cash Account Reset; Terms 2.3 and 3.1.5 – checked October 11, 2026.

Phidias 10K Drawdown Challenge Rules

A monthly contest rather than an evaluation. You trade a $10,000-drawdown account and are ranked by total profit; prizes go to your Phidias Wallet.

The Terms of Use describe the same contest with a €19 entry and 8 E-mini lots. The rules page is the newer, more detailed text, but check the challenge page before entering.

Source: Phidias Propfirm All Our Rules page and Terms of Use – 10K Drawdown Challenge; Terms 2.1 and 3.2.2 – checked October 11, 2026.

How Phidias Drawdown Works

Phidias uses two drawdown types. Static (Express to Live): the liquidat