Live Discounts
APEX IS 80% OFF!
Use Code: DGT
LUCID IS 50% OFF
No Activation Fee on Evals
TPT IS 40% OFF!
Withdraw from Day 1 Use Code: DGT
TRADEIFY IS 30% OFF
Use Code: DGT
FUNDEDNEXT 10% OFF
Uncapped Payouts πŸ‘€

Phidias Futures Trading Prop Firm Review

Phidias Prop Firm is built for traders who want real flexibility: Swing Accounts (hold overnight/weekend), Static Drawdown options, daily payouts once live, and lifetime accounts with no monthly fees when using OTP. You can choose between Evaluation + Activation or an all-in One-Time Payment (OTP) that includes activation.

Highlights:

  • Only major futures prop firm with Swing Accounts (overnight + weekend positions allowed)

  • EOD drawdown on Fundamental/Swing; Static drawdown available on 25K Static

  • Daily payouts once live funded. You can instantly create a live account after your first CASH account payout. (no caps on withdrawals, minimum $500)

  • Up to 15 funded accounts for maximum leverage (5 Fundamental + 5 Swing + 5 Static) + one 10K Drawdown live account

  • Fast funding – pass in as little as 1 (static) or 3 trading days (Fundamental + Swing).

  • Copy trading allowed

  • News trading allowed

πŸ‘‰ Sign up with Phidias and use the code DGT for the biggest available discount.

Try Phidias NowPhidias Prop Firm discount code image featuring the Phidias logo and exclusive futures funding savings from DamnPropFirms

What You Can Trade

Forex, indices, commodities, rates, and crypto. Swing accounts can hold overnight and over the weekend; Fundamental accounts must flatten before the session end.

Drawdown Logic

  • Evaluation (Fundamental/Swing): EOD trailing that recalculates only after the session closes.

  • Funded (CASH): EOD trailing stops at +$100 over starting balance (e.g., stops at $50,100 on 50K, $100,100 on 100K, $150,100 on 150K).

  • Static 25K: Static $500 loss (no trailing).

Phidias Account Types & Core Rules

Account Type Sizes Drawdown Hold Overnight/Weekend Min Trading Days Profit Target (typical) Notes
Fundamental (Intraday) $50K / $100K / $150K EOD (trails daily) No (must flatten by close) 3+ $4K–$9K News trading allowed; funded EOD stops at start+100.
Swing (Overnight/Weekend) $50K / $100K / $150K EOD (trails daily) Yes (position limits apply) 3+ $4K–$9K Only firm with true swing; ProjectX not available on Swing (platform limits). Use Rithmic.
Static 25K $25K Static $500 (no trailing) No (intraday only unless specifically agreed) No minimum $1,500 Direct upgrade path to Live after target; no consistency; payouts from D+1 on CASH.

πŸ’³ Phidias Prop Firm Pricing: OTP vs Evaluation + Activation

Compare Phidias pricing options and see why most traders choose the OTP (One-Time Payment) plan for lifetime access, bigger discounts, and zero monthly fees.

Phidias gives traders two payment options: a traditional Evaluation and Activation Fee or a simplified One-Time Payment (OTP). With OTP, the activation fee is already included, and you never pay it again. Both options are lifetime accounts with no recurring fees.

⚑ Pro Tip: Evaluation accounts usually receive about 60% OFF with code DGT, while OTP accounts can reach up to 80% OFF. That makes OTP the better long-term deal for most traders.

Account Type Evaluation + Activation (Total Cost) One-Time Payment (OTP) OTP with Code DGT (Up to 80% OFF*)
25K Static $83 Activation + $139 Evaluation = $222 Total
($88.80 with DGT 60% OFF)		 $277 (No Activation Fee) $55.40*
50K Fundamental $149 Activation + $299 Evaluation = $448 Total
($179.20 with DGT 60% OFF)		 $580 (No Activation Fee) $116*
100K Fundamental ⭐ Best Value $149 Activation + $399 Evaluation = $548 Total
($219.20 with DGT 60% OFF)		 $723 (No Activation Fee) $144.60*
150K Fundamental $169 Activation + $499 Evaluation = $668 Total
($267.20 with DGT 60% OFF)		 $863 (No Activation Fee) $172.60*
50K Swing $149 Activation + $399 Evaluation = $548 Total
($219.20 with DGT 60% OFF)		 $723 (No Activation Fee) $144.60*
100K Swing $149 Activation + $499 Evaluation = $648 Total
($259.20 with DGT 60% OFF)		 $900 (No Activation Fee) $180*
150K Swing $169 Activation + $599 Evaluation = $768 Total
($307.20 with DGT 60% OFF)		 $1123 (No Activation Fee) $224.60*

*Discounted OTP pricing shown with Code DGT applied, up to 80% OFF during promotions. Evaluation discounts are smaller, averaging around 60% OFF with the same code. Get Phidias with Code DGT

Payouts & Thresholds

Stage Min Trading Days Min Withdrawal Threshold to Request Post-Withdrawal Floor Payout Frequency Max Payout
50K CASH (Fund/Swing) 10 days $500 $52,600 $50,100 Per period; daily when Live $2,000
100K CASH (Fund/Swing) 10 days $500 $103,700 $100,100 Per period; daily when Live $2,500
150K CASH (Fund/Swing) 10 days $500 $154,500 $150,100 Per period; daily when Live $2,750

Authorized Accounts & Copy Trading Limits

Category Max Allowed Counts As Copy Trading Notes
Funded (CASH) Fundamental Up to 5 1Γ— each Allowed (3rd-party at your risk) Flatten by close; news OK.
Funded (CASH) Swing Up to 5 1Γ— each Overnight + weekend allowed (Rithmic only for holding).
Funded (CASH) Static 25K Up to 5 1Γ— each Direct Live credit accrues per validated 25K.
10K Drawdown (Live) 1 1Γ— β€” Special challenge; static; unique rules.
150K Tiers Max 2 Fundamental + 2 Swing (within category caps) 2Γ— each β€” 150K accounts count as two toward the caps.

Important: Do not exceed the total funded account limits or mirror identical strategies in a way that breaches caps. Use Tradesyncer to mirror Rithmic accounts into ProjectX workflows (Swing trading itself must be placed via Rithmic).

πŸ† Final Verdict: Is Phidias Prop Firm Worth It?

Phidias is a legit, innovative prop firm that is changing the game for futures traders. While the 80/20 profit split isn’t great, the benefits far outweigh it:

  • The only futures prop firm with Swing accounts (overnight & weekend positions).

  • Lifetime accounts with no monthly fees.

  • Daily payouts once live funded with the fastest live funded account ever seen (after 1 payout).

  • Flexible OTP vs evaluation payment options.

πŸ‘‰ If you’re a swing trader or someone who hates trailing drawdowns and recurring fees, Phidias Prop Firm is one of the best options on the market right now.

πŸš€ Sign up with Phidias here and use code DGT to unlock the biggest discounts available (sometimes up to 80% OFF).

Phidias Prop Firm Frequently Asked Questions

Is Phidias Prop Firm legitimate?
Yes. Phidias Prop Firm is a verified futures prop trading company known for transparency, lifetime funded accounts, and the industry’s only Swing accounts that allow overnight and weekend positions.
How many accounts can I have with Phidias?
You can hold up to 15 funded accounts total β€” 5 Fundamental, 5 Swing, and 5 Static β€” plus one 10K Drawdown account. The 150K tiers count as two toward your total. Copy trading is allowed within these limits.
Can I hold trades overnight or through weekends?
Yes on Swing accounts. Fundamental and Static accounts must be flat by the close. ProjectX currently doesn’t support Swing due to platform limits, while Rithmic-connected Swing accounts can hold positions overnight and on weekends. Tools like Tradesyncer can mirror orders across accounts.
What is the minimum number of trading days before a first payout?
Complete at least 10 trading days before your first withdrawal. Each of the first three payouts also requires 10 new trading days between requests. A day counts only if it ends in profit (for example, $150 minimum on a 50K account).
What are the payout limits by account size?
Per payout period caps: $2,000 for 50K, $2,500 for 100K, and $2,750 for 150K. After upgrading to Live, caps are removed and payouts can be requested daily (minimum $500).
How does the Phidias consistency rule work?
On Cash accounts, your largest single winning day cannot exceed 30% of total profits. If it does, continue trading until total profits dilute that day below 30%, demonstrating consistency.
Does Phidias allow copy trading?
Yes. Copy trading is permitted within the 15 + 1 account limit. Traders often use Tradesyncer to replicate entries across multiple Rithmic accounts, including ProjectX-connected accounts for automation on eligible account types.
Can I trade during economic news events?
Yes. News trading is allowed on all account types, including major releases like NFP, CPI, and FOMC.
Which trading platforms does Phidias support?
Supported platforms include RTrader Pro, Rithmic, and ProjectX. Swing accounts must connect via Rithmic to hold positions overnight.
How does End-of-Day drawdown work?
The EOD trailing drawdown moves based on realized profit at the close. Once the trailing level reaches the starting balance + $100, it becomes fixed for the life of the account.
How do withdrawals work?
Payouts are processed via RISEWORKS.io. Minimum withdrawal is $500, and balances must remain above required thresholds (for example, keep a 50K account above $50,100 after withdrawal). First three payouts follow timing and cap rules. Live accounts have no caps.
Which countries are restricted?
Phidias restricts jurisdictions under international sanctions/embargoes or with elevated fraud risk, and excludes applicants with prior financial crime histories or contract terminations.

  • 10 Best Instant Funding Prop Firms 2025

    Explore the top instant funding prop firms of 2025, highlighting their features, profit splits, and scalability options for traders.

  • Position Sizing for Risk-Adjusted Scaling

    Learn effective position sizing strategies for risk management in trading, including fixed fractional, R-multiple, and volatility-based methods.

Join The Damn Good Traders Discord

Join 3,000+ traders inside the free DGT Discord.
Learn setups, post P&Ls, and enter daily giveawaysΒ all in one place.

Join Free DGT Discord
Apex Trader Funding

Trade up to 20 accounts with $6M max funding, 90–100% payouts, and the largest scaling potential in futures prop trading. Up to $70,000 in payouts every 8 days.

Take Profit Trader

Withdraw from day one, no activation fee, and copy trade up to live 5 accounts at once. Great for traders who want immediate flexibility and long-term scaling potential.

FundedNext

Get payouts in as little as 3 days with the Rapid Challenge, or go long term with uncapped payouts on the Legacy Challenge with up to 12 funded accounts or $300,000 max funding.

Lucid Trading

Top-rated instant funding options with frequent 30–40% OFF discounts and no activation fees. Offers both test and direct-to-funded accounts.

TradeSyncer Copy Trader

Copy trades across any prop firm including Alpha Futures, Apex, Tradeify, Lucid, and FundedNext. Multi-account and cross-platform with cloud syncing, analytics, and a built-in journal.

Bookmap Market Liquidity Visualizer

See real-time order flow and liquidity with advanced heatmaps. Get 20% OFF Bookmap using code DGT.