Caution

Phidias Propfirm is listed with a caution

Trustpilot has suspended Phidias Propfirm’s rating for breaching its guidelines and removed fake reviews, and recent reviewers report accounts blocked or banned right after their first payout request.

  • Trustpilot shows: “This company’s rating is unavailable due to a breach of our guidelines.” and “We’ve removed a number of fake reviews for this company.” No date shown (checked 31 Oct 2026). Source, 31 Oct 2026
  • 4 of the 20 most recent reviews (posted 6 Aug-28 Oct 2026) report payouts denied or accounts blocked/banned right after a payout request. Another (18 Oct) reports a forced move to LIVE that closed 9 paid evaluations. 1-star share is 34% of 337 reviews. Reviews are low-volume (20 reviews in about 12 weeks). Source, 31 Oct 2026

While the caution stands its PA Score is capped at 4.0/10 (formula score 6.8), it is ranked below every active firm, and we show no offers, promo codes or best-of listings for it. Listed since ; status re-checked every 30 days (next by ). These are reports from the sources linked above, not a finding by PropAnalyse. Phidias Propfirm can request a review with evidence via For prop firms. How caution works · All firms with warnings

Phidias Propfirm review

FuturesGibraltarLast verified 16 source pagesMethodology

Phidias Propfirm is a prop firm, based in Gibraltar. Markets: Futures. Evaluation types: 1-step. Published fees start at $88; account sizes run from $25K to $150K. Profit split: 75% up to 100%.

Visit (caution) (opens Phidias Propfirm in a new tab)

Promo codes are not shown while a caution stands.

Verdict

Phidias Propfirm scores 4.0/10, ranked #50 of 52. Its strongest area is cost (10.0, driven by fee per $1K of account); the weakest is track record (4.0). Best fit: traders on a budget, traders who want frequent withdrawals, futures traders. Missing inputs (trust, track record) score 4/10 by rule.

For

  • Split can reach 100% (see scaling terms)
  • Low cost per $1K of buying power: $2.65
  • Daily / on demand payout cycle on the headline plan
  • First payout possible after 1 days
  • News trading allowed
  • 11 platforms to choose from
  • No time limit on the evaluation

Against

  • Trailing drawdown (static (Express to Live); EOD trailing (Fundamental/Premium)) on the headline plan
  • No usable Trustpilot rating
  • Founding year not published
  • Activation fee after passing: $149

Rules at a glance

Challenge types
1-step
Fees from
$88
Cheapest per $1K
$2.65
Account sizes
$25K, $50K, $100K, $150K
Profit target
$1,500-$4,500 (Express to Live); $4,000-$9,000 (Fundamental/Premium)
Daily loss limit
none (no daily loss limit on any account type)
Max drawdown
$500-$1,000 static (Express to Live); $2,500-$4,500 EOD trailing (Fundamental/Premium)
Drawdown type
static (Express to Live); EOD trailing (Fundamental/Premium)
Min trading days
0
Consistency rule
None in evaluation. Fundamental/Premium funded CASH accounts: no single day may exceed 30% of total profit (min. 4-day calculation). Express to Live: none.
Account type
FuturesSells simulated CME/CBOT/NYMEX/COMEX and Eurex futures evaluations on Rithmic, Tradovate/NinjaTrader and DeepCharts (dxFeed), with LIVE accounts cleared through Dorman Trading. Source
Markets
Futures
Platforms
  • Rithmic
  • R Trader Pro
  • Tradovate
  • NinjaTrader
  • TradingView
  • DeepCharts
  • Quantower
  • ATAS
  • Sierra Chart
  • Bookmap
  • MotiveWave
Leverage
Not published
Restricted countries
Afghanistan, Albania, Algeria, Angola, Belarus, Bosnia and Herzegovina, Botswana, Bulgaria, Burkina Faso, Burundi, Central African Republic, Croatia, Cuba, Dem. Rep. Congo, Ecuador, Ethiopia, Guyana, Haiti, Indonesia, Iran, Iraq, Jamaica, Kenya, Kosovo, Laos, Lebanon, Libya, Macedonia, Mali, Malta, Mauritius, Montenegro, Mozambique, Myanmar (Burma), Namibia, Nicaragua, Nigeria, North Korea (DPRK), Pakistan, Papua New Guinea, Philippines, Romania, Russia, Senegal, Serbia, Slovenia, Somalia, South Africa, South Sudan, Sri Lanka, Sudan/Darfur, Syria, Tanzania, Trinidad and Tobago, Tunisia, Crimea (Ukraine), Venezuela, Yemen, Zimbabwe
Trustpilot
No rating shown (337 reviews)

Fees by account size

One-time evaluation fee per program, as listed by the firm. The cheapest option at each size is marked.

AccountExpress to Live (E2L)FundamentalPremium
$25K$88--
$50K$278$164$329
$100K$318$273$411
$150K$398$420$570

Costs beyond the fee

Reset / retry
Evaluation reset (Fundamental/Premium) $40 / $64 / $104 for 50K / 100K / 150K per configurator price list, or automatic reset at the 30-day renewal; Premium CASH-account reset $399 / $499 / $599 (once, within 24h of liquidation)
Fee refund
All subscriptions are final; no returns, refunds or exchanges; chargebacks lead to permanent ban
Time limit
Unlimited (evaluation continues while the monthly subscription renews)
Activation fee
$149
Minimum payout
500
Scaling plan
No balance scaling on CASH accounts; path to LIVE (Dorman Trading), then ELITE LIVE (60 days + $125K, +$25K balance) and MASTER LIVE (120 days + $250K, +$50K balance)

Payout policy

Profit split
75% up to 100%
Split scaling
Express to Live and Fundamental: fixed 80%. Premium: 75% (payout 1), 80%, 85%, 90%, then 100% from payout 5 onward.
Payout cycle
Express to Live: one fixed bonus payout when the CASH-account target is hit, then conversion to LIVE (no minimum days). Fundamental: every 10 trading days. Premium: every 5 trading days. LIVE accounts: daily, no maximum ($500 minimum). Payouts go to the Phidias Wallet, withdrawn via Rise.
First payout (days)
1
Payout methods
Rise (Riseworks) via Phidias Wallet
KYC before payout
Not published

Trading conduct

News trading
Allowed
Weekend holding
Restricted
EAs / bots
restricted (semi-automated only with active monitoring; fully automated/HFT banned)
Copy trading
Allowed
Hedging
Not allowed
Max risk per trade
Contract caps per size, e.g. E2L 2/5/7/9 E-minis; Fundamental/Premium 10/14/17 E-minis (10x in micros)
Inactivity rule
Not published

Programs

Express to Live (E2L) 1-step

Profit target
$1,500 / $2,500 / $3,500 / $4,500
Daily loss
none
Max drawdown
$500 / $650 / $800 / $1,000
Profit split
80% (fixed bonus payout on Switch to Live, then 80% on LIVE)
Min days
0

Drawdown static

AccountFeePer $1K
$25K$88$3.52
$50K$278$5.56
$100K$318$3.18
$150K$398$2.65

Fundamental 1-step

Profit target
$4,000 / $6,000 / $9,000
Daily loss
none
Max drawdown
$2,500 / $3,000 / $4,500
Profit split
80%
Min days
3

Drawdown EOD trailing

AccountFeePer $1K
$50K$164$3.28
$100K$273$2.73
$150K$420$2.8

Premium 1-step

Profit target
$4,000 / $6,000 / $9,000
Daily loss
none
Max drawdown
$2,500 / $3,000 / $4,500
Profit split
75% rising to 100% (from 5th payout)
Min days
1

Drawdown EOD trailing

AccountFeePer $1K
$50K$329$6.58
$100K$411$4.11
$150K$570$3.8

Is Phidias Propfirm legit?

Evidence level: Moderate (2/6). Reports $15M+ paid; publishes 90% of the fields we track. The firm reports "$15M+ paid to traders" on its homepage (checked 31 Oct 2026). Full evidence check.

Complaints about Phidias Propfirm

Traders can report a payout, rule or refund problem with Phidias Propfirm. We check the evidence, give the firm 7 days to respond, and show the result here.

0Received
0Verified
0Resolved
0Unresolved

No verified complaints yet. Nothing has been reported to us about Phidias Propfirm so far.

Nothing counts against its PA Score from complaints right now. Only verified complaints the firm has not resolved within 7 days count, for 12 months.

Report a problemHow complaints work

Changelog

Last verified . Next full re-check due by (we re-verify every firm at least every 30 days).

Rule changes

DateFieldWasNow
ListingListingnoneAdded to PropAnalyse

Verification timeline

DateCheckDetail
Rules, fees and payout terms read10 pages on the firm's own site and its Trustpilot profile
Costs, refunds and payout methods checked5 help-centre / FAQ pages
Crypto trading terms checked1 pages
Account type recordedFutures, from the firm's product page
Homepage payout claims checkedFirm reports "$15M+ paid to traders"

All rule changes · RSS · Verification log

FAQ

What profit split does Phidias Propfirm pay?

Phidias Propfirm lists a profit split of 75% up to 100% (Express to Live and Fundamental: fixed 80%. Premium: 75% (payout 1), 80%, 85%, 90%, then 100% from payout 5 onward.), per its website as of 2026-10-31.

How much is the cheapest Phidias Propfirm challenge?

The lowest published fee is $88 for a $25K account (Express to Live (E2L)).

What are Phidias Propfirm's drawdown rules?

Daily loss limit: none (no daily loss limit on any account type); maximum drawdown: $500-$1,000 static (Express to Live); $2,500-$4,500 EOD trailing (Fundamental/Premium) (static (Express to Live); EOD trailing (Fundamental/Premium)).

How often does Phidias Propfirm pay out?

Payout cycle: Express to Live: one fixed bonus payout when the CASH-account target is hit, then conversion to LIVE (no minimum days). Fundamental: every 10 trading days. Premium: every 5 trading days. LIVE accounts: daily, no maximum ($500 minimum). Payouts go to the Phidias Wallet, withdrawn via Rise.. First payout eligible after 1 days.

Which platforms does Phidias Propfirm support?

Rithmic, R Trader Pro, Tradovate, NinjaTrader, TradingView, DeepCharts, Quantower, ATAS, Sierra Chart, Bookmap, MotiveWave.

Can you trade the news with Phidias Propfirm?

Yes, news trading is allowed per the firm's rules.

Does Phidias Propfirm refund the challenge fee?

All subscriptions are final; no returns, refunds or exchanges; chargebacks lead to permanent ban.

Is there a time limit on Phidias Propfirm challenges?

Unlimited (evaluation continues while the monthly subscription renews).

Can you reset or retry a failed Phidias Propfirm challenge?

Evaluation reset (Fundamental/Premium) $40 / $64 / $104 for 50K / 100K / 150K per configurator price list, or automatic reset at the 30-day renewal; Premium CASH-account reset $399 / $499 / $599 (once, within 24h of liquidation).

Is Phidias Propfirm legit?

We score firms on published data, not opinions. Phidias Propfirm has a PA Score of 4.0/10. Check the rule history on this page for recent changes.

Embed Phidias Propfirm’s PA Score

Run Phidias Propfirm? Put this badge on your site. It is generated from our dataset, so it updates by itself whenever we re-verify, and it always shows the verification date. Embedding it, or not, never changes the score. Stars are the score divided by two.

Phidias Propfirm on PropAnalyse: PA Score 4.0/10 (caution)
Light
Phidias Propfirm on PropAnalyse: PA Score 4.0/10 (caution), dark theme
Dark
HTML (no JavaScript)
<a href="https://propanalyse.com/firms/phidias-propfirm/?ref=badge" title="Phidias Propfirm on PropAnalyse"><img src="https://propanalyse.com/badge/phidias-propfirm.svg" width="300" height="116" alt="Phidias Propfirm on PropAnalyse: PA Score 4.0/10 (caution)" loading="lazy" style="border:0;max-width:100%;height:auto"></a>

Sources

Every figure above was read from these pages on . Firms change rules often, so confirm before you buy.

  1. https://phidiaspropfirm.com/
  2. https://phidiaspropfirm.com/accounts
  3. https://phidiaspropfirm.com/rules
  4. https://phidiaspropfirm.com/tou
  5. https://phidiaspropfirm.com/about-us
  6. https://phidiaspropfirm.com/affiliate-program
  7. https://helpcenter.phidiaspropfirm.com/help
  8. https://helpcenter.phidiaspropfirm.com/faq?locale=en
  9. https://member.phidiaspropfirm.com/configurator
  10. https://www.trustpilot.com/review/phidiaspropfirm.com
  11. https://phidiaspropfirm.com/rules
  12. https://phidiaspropfirm.com/tou
  13. https://phidiaspropfirm.com/accounts
  14. https://helpcenter.phidiaspropfirm.com/help
  15. https://helpcenter.phidiaspropfirm.com/faq?locale=en
  16. https://phidiaspropfirm.com/rules

Data notes. Fees are LIST prices from window.phidiasPromo on /accounts (checked 2026-10-31). 'fee' = the evaluation price, which the rules/FAQ/TOU describe as a monthly subscription renewing every 30 days until passed or cancelled (the /accounts widget labels it 'one-time eval fee', the member configurator labels it 'Monthly'); an activation fee of $83-$169 applies on pass. 'fee_one_time' = one-time-payment option (no activation fee, no recurring billing). Rules page says E2L has 'no subscription' yet the configurator still offers an E2L monthly option with activation fee. 10K Drawdown Challenge is a monthly profit competition (prizes paid to Phidias Wallet), not a funded-account path; it sets fee_from ($66). Cheapest funded-path entry: E2L 25K at $88. Promos on own site today: banner code TREAT90 = 90% off the first month on Premium & Fundamental evaluations until Sunday 2026-11-01 (promo config also gives 50% off E2L monthly and 75-80% off one-time payment); rules page: 10K Challenge $30 with code PHIDIAS; member configurator displays code EQUINOX (80% off one-time). Homepage 'starting at $55' is a promo price. first_payout_days=1 from the /accounts comparison ('Days to Payout (Funded)': E2L 1, Fundamental 10, Premium 5). min_trading_days=0 is E2L (rules: 'None'; Fundamental 3, Premium 1). Weekend/overnight holds allowed only on Premium (and the 10K Challenge). Fully automated/HFT trading banned (semi-automated allowed). LIVE transition for Fundamental/Premium is discretionary (5 payouts or $100K cumulative profit). Operated by Phidias Propfirm LTD, registered in Gibraltar; Gibraltar law. Founded year not stated (homepage only says '3 Yrs' / '3 years operating'). CAUTION: Trustpilot has suspended this company's rating (breach of guidelines; fake reviews removed); 337 reviews, 34% 1-star. Recent reviews describe account access blocked/banned right after a first payout request (Oct 27 and Sep 15, 2026), a disputed liquidation (Oct 24, 2026), and paid evaluations deactivated on forced LIVE conversion with refund refused (Oct 18, 2026). These are unverified user reports and contrast with the site's 'zero denied payouts' claim. See https://www.trustpilot.com/review/phidiaspropfirm.com The 10K Drawdown Challenge (list fee 66) is a monthly profit contest, not a path to a funded account, so it is kept under other_products and excluded from programs/fee_from.