FundedKeys

Firm review · Futures

Phidias review: Express to Live, Fundamental and Premium

Three futures account families, each bought two ways: on the evaluation route, with an activation fee when you pass, or in one payment that includes it. Express to Live is $88–$398 (evaluation) or $277–$1,125 (one payment); Fundamental $164–$420 a month or $580–$863 once; Premium $329–$570 a month or $723–$1,123 once. Sizes run from $25K to $150K. Every figure is the official list price, checked on Sep 30, 2026.

Rules checked on phidiaspropfirm.comSep 30, 20266 official pages citedMethodology

Phidias prices

Checked on phidiaspropfirm.com Sep 30, 2026
Our code
PFK

The prices here are list prices.

Plan
Account size · list price
Profit target
+$3,500
to pass; no minimum trading days
no consistency rule to pass
Max drawdown
$800
static: never moves from $99,200
Daily loss limit
None
none on this account
Activation fee
$149
after you pass
To the Cash account
$467
price + activation fee
Payout cap
$3,000
per bonus payout

List price
$318

$100K Express to LiveExpress to Live · one-time

+ $149 activation fee after you pass, at its published price

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At a glance

Best for

Six ways in

Which way in costs least?

For the size you pick: each plan at its list price, its activation fee, and what it costs to reach the Cash account. A monthly plan is counted for its first month only; no pass rate is assumed.

At $100K: each way in at its list price.

Size
Way inList priceActivation feeTo the Cash account, month 1Profit targetMax drawdownDays to passConsistency, payout stagePayout capEvaluation reset
Express to Liveone-time evaluation$318$149$467+$3,500$800No minimumNone$3,000None
Express to Live OTPone-time evaluation$900$0$900+$3,500$800No minimumNone$3,000None
Fundamentalmonthly evaluation$273/month$149$422+$6,000$3,0003 daysAt most 30%$2,500$64
Fundamental OTPone-time evaluation$723$0$723+$6,000$3,0003 daysAt most 30%$2,500Not published
Premiummonthly evaluation$411/month$149$560+$6,000$3,0001 dayAt most 30%$2,500$64
Premium OTPone-time evaluation$900$0$900+$6,000$3,0001 dayAt most 30%$2,500Not published
  • Fundamental: $273 a month, $422 to the Cash account if you pass within the first month; a reset costs $64, less than a month.
  • Premium: $411 a month, $560 to the Cash account if you pass within the first month; a reset costs $64, less than a month.
  • The evaluation route and the one-time payment reach the same Cash account; the one-time payment carries no activation fee, and its reset price is not published.

Accounts configurator (official page, opens in a new tab)Rules page (official page, opens in a new tab)Terms of Use (official page, opens in a new tab)

Accounts

All 20 Phidias accounts

Six plans in three or four sizes. On the evaluation route Express to Live is one fee, while Fundamental and Premium are billed every month until you pass or cancel; the one-time payment is paid once and carries no activation fee.

Accounts206 plans · 4 sizes
List price$88–$1,125
Activation fee$0–$169
DataSep 30, 2026

Showing 4 of 20: Express to Live. List prices checked on Sep 30, 2026; your selected account is highlighted.

Show
Sort
BillingConsistency, payout stage
Express to Live$25Kone-time$88$83$171+$1,500$500NoneNone$1,000
Express to Live$50Kone-time$278$149$427+$2,500$650NoneNone$2,000
Express to Live$100Kone-time$318$149$467+$3,500$800NoneNone$3,000
Express to Live$150Kone-time$398$169$567+$4,500$1,000NoneNone$4,500

Payout rules

Phidias payout rules: the path to your first payout

Worked on the account you pick, from the Rules page and the Terms of Use. Express to Live pays one fixed bonus when you press Switch to Live; Fundamental and Premium pay on request, under the withdrawal rules.

Showing Express to Live $100K

Express to Live $100K: from purchase to the payout rules

How to read it: no published cap, withdrawal target or share of the profit bounds each request here, so no balance is drawn: the stations list the rules that decide each payout.

Rules page (official page, opens in a new tab)Terms of Use (official page, opens in a new tab)

  1. Buy

    $318

    one-time payment

    Floor on day 1
    $99,200: $800 below the start, static (it never moves)
    Daily loss limit
    None
    Reset
    None: a breach ends the account

    Accounts configurator (official page, opens in a new tab)Rules page (official page, opens in a new tab)Terms of Use (official page, opens in a new tab)

  2. Pass the target

    +$3,500

    to pass the evaluation

    Minimum days
    no minimum
    Best day to pass
    no consistency rule while you qualify
    Max drawdown
    $800, static, never trailing

    Rules page (official page, opens in a new tab)

  3. Cash account

    $149

    activation fee; same size

    So far
    $467: price + activation fee
    Daily loss limit
    None
    Reset after a breach
    None

    Rules page (official page, opens in a new tab)Terms of Use (official page, opens in a new tab)

  4. First payout

    on request, once the conditions are met

    per request; you keep 80%

    Best day
    no consistency rule at this stage
    Maximum payout
    $3,000 per bonus payout
    Minimum payout
    Not published.

    Rules page (official page, opens in a new tab)Terms of Use (official page, opens in a new tab)

  5. After that

    on request, once the conditions are met

    the same rules each cycle

    How often
    on request, once the conditions are met
    Live account
    Express to Live switches to a live account when you press the button; on Fundamental and Premium the risk team may offer one after five payouts or $100,000 of cumulative profits.
    Processing
    The firm’s own figure: 90% of payouts in under 30 minutes, all within 24 hours.

    Rules page (official page, opens in a new tab)Accounts configurator (official page, opens in a new tab)

To the Cash account$467
First payouton request, once the conditions are met
Maximum payout$3,000
Profit split80%

Consistency

Phidias consistency rule, worked out

Fundamental and Premium apply a 30% rule to the Cash account, measured on total profit; Express to Live has none, and no plan has one during the evaluation. Each row is worked at the size shown.

Largest profitable day ÷ net profit (since your last payout request, or during the evaluation), capped by each plan. “Under” means the day must stay below the cap; “at most” means it may equal it.

Check your own days in the consistency calculator · Plan your risk on this account in the risk planner

Plan and sizeStageRuleLargest day allowedFewest profitable days
Express to Live · $100KEvaluationNone

Rules page (official page, opens in a new tab)

Any size—
Express to Live · $100KExpress to Live Cash accountNone

Rules page (official page, opens in a new tab)

Any size—
Express to Live OTP · $100KEvaluationNone

Rules page (official page, opens in a new tab)

Any size—
Express to Live OTP · $100KExpress to Live Cash accountNone

Rules page (official page, opens in a new tab)

Any size—
Fundamental · $100KEvaluationNone

Rules page (official page, opens in a new tab)

Any size—
Fundamental · $100KFundamental Cash accountAt most 30%

Rules page (official page, opens in a new tab)

at most 30% of the total profit4
Fundamental OTP · $100KEvaluationNone

Rules page (official page, opens in a new tab)

Any size—
Fundamental OTP · $100KFundamental Cash accountAt most 30%

Rules page (official page, opens in a new tab)

at most 30% of the total profit4
Premium · $100KEvaluationNone

Rules page (official page, opens in a new tab)

Any size—
Premium · $100KPremium Cash accountAt most 30%

Rules page (official page, opens in a new tab)

at most 30% of the total profit4
Premium OTP · $100KEvaluationNone

Rules page (official page, opens in a new tab)

Any size—
Premium OTP · $100KPremium Cash accountAt most 30%

Rules page (official page, opens in a new tab)

at most 30% of the total profit4

Worked example

  1. Fundamental and Premium: the best day may be at most 30% of total profit, counted over at least 4 trading days. With $1,100 of total profit, a day of $330 is inside the rule.
  2. With equal days, at least 4 profitable days keep a 30% rule satisfied.
  3. Express to Live has no consistency rule, on the evaluation or on the Cash account.

Rules page (official page, opens in a new tab)

Rules

Phidias rules, with their sources

Checked on phidiaspropfirm.com on Sep 30, 2026: the Rules page, the Terms of Use and the accounts configurator. First the key rules of the six plans side by side at the size you picked, then every rule of the selected plan, each with its source.

Plan

Key rules of every plan at $100K, side by side; the column of your plan is highlighted.

RuleExpress to LiveExpress to Live OTPFundamentalFundamental OTPPremiumPremium OTP
List price$318 one-timeAccounts configurator (official page, opens in a new tab)$900 one-timeAccounts configurator (official page, opens in a new tab)$273/monthAccounts configurator (official page, opens in a new tab)$723 one-timeAccounts configurator (official page, opens in a new tab)$411/monthAccounts configurator (official page, opens in a new tab)$900 one-timeAccounts configurator (official page, opens in a new tab)
Activation fee$149Rules page (official page, opens in a new tab)$0Rules page (official page, opens in a new tab)$149Rules page (official page, opens in a new tab)$0Rules page (official page, opens in a new tab)$149Rules page (official page, opens in a new tab)$0Rules page (official page, opens in a new tab)
Profit target+$3,500Rules page (official page, opens in a new tab)+$3,500Rules page (official page, opens in a new tab)+$6,000Rules page (official page, opens in a new tab)+$6,000Rules page (official page, opens in a new tab)+$6,000Rules page (official page, opens in a new tab)+$6,000Rules page (official page, opens in a new tab)
Max drawdown$800Rules page (official page, opens in a new tab)$800Rules page (official page, opens in a new tab)$3,000Rules page (official page, opens in a new tab)$3,000Rules page (official page, opens in a new tab)$3,000Rules page (official page, opens in a new tab)$3,000Rules page (official page, opens in a new tab)
Daily loss limitNoneRules page (official page, opens in a new tab)NoneRules page (official page, opens in a new tab)NoneRules page (official page, opens in a new tab)NoneRules page (official page, opens in a new tab)NoneRules page (official page, opens in a new tab)NoneRules page (official page, opens in a new tab)
Days to passNo minimumRules page (official page, opens in a new tab)No minimumRules page (official page, opens in a new tab)3 daysRules page (official page, opens in a new tab)3 daysRules page (official page, opens in a new tab)1 dayRules page (official page, opens in a new tab)1 dayRules page (official page, opens in a new tab)
Consistency to passNoneRules page (official page, opens in a new tab)NoneRules page (official page, opens in a new tab)NoneRules page (official page, opens in a new tab)NoneRules page (official page, opens in a new tab)NoneRules page (official page, opens in a new tab)NoneRules page (official page, opens in a new tab)
Consistency at payoutNoneRules page (official page, opens in a new tab)NoneRules page (official page, opens in a new tab)At most 30%Rules page (official page, opens in a new tab)At most 30%Rules page (official page, opens in a new tab)At most 30%Rules page (official page, opens in a new tab)At most 30%Rules page (official page, opens in a new tab)
Payout cap per request$3,000Rules page (official page, opens in a new tab)$3,000Rules page (official page, opens in a new tab)$2,500Rules page (official page, opens in a new tab)$2,500Rules page (official page, opens in a new tab)$2,500Rules page (official page, opens in a new tab)$2,500Rules page (official page, opens in a new tab)
Minimum payoutNot publishedAccounts configurator (official page, opens in a new tab)Not publishedAccounts configurator (official page, opens in a new tab)$500Rules page (official page, opens in a new tab)$500Rules page (official page, opens in a new tab)$500Rules page (official page, opens in a new tab)$500Rules page (official page, opens in a new tab)
Before each payoutConditions, no amountRules page (official page, opens in a new tab)Conditions, no amountRules page (official page, opens in a new tab)10 winning days of $200+Rules page (official page, opens in a new tab)10 winning days of $200+Rules page (official page, opens in a new tab)5 winning days of $200+Rules page (official page, opens in a new tab)5 winning days of $200+Rules page (official page, opens in a new tab)
Evaluation resetNoneTerms of Use (official page, opens in a new tab)NoneTerms of Use (official page, opens in a new tab)$64Terms of Use (official page, opens in a new tab)Not publishedAccounts configurator (official page, opens in a new tab)$64Terms of Use (official page, opens in a new tab)Not publishedAccounts configurator (official page, opens in a new tab)
Cash account resetNoneRules page (official page, opens in a new tab)NoneRules page (official page, opens in a new tab)NoneRules page (official page, opens in a new tab)NoneRules page (official page, opens in a new tab)$499Rules page (official page, opens in a new tab)$499Rules page (official page, opens in a new tab)

Price and fees 3

Price
One evaluation fee with no recurring billing; the activation fee is paid when you pass.$25K$88$50K$278$100K$318$150K$398

Accounts configurator (official page, opens in a new tab)

Activation fee
Paid once when you pass.$25K$83$50K$149$100K$149$150K$169

Rules page (official page, opens in a new tab)

Reset
None: the Terms of Use exclude Express to Live evaluations from resets. See the official pages that disagree.

Terms of Use (official page, opens in a new tab)

Evaluation rules 8

Profit target
$25K+$1,500$50K+$2,500$100K+$3,500$150K+$4,500

Rules page (official page, opens in a new tab)

Max drawdown
Static: it never trails, and the account is liquidated when the balance falls to the drawdown level.$25K$500$50K$650$100K$800$150K$1,000

Rules page (official page, opens in a new tab)

Max position
$25K2 minis · 20 micros$50K5 minis · 50 micros$100K7 minis · 70 micros$150K9 minis · 90 micros

Rules page (official page, opens in a new tab)

Consistency
None while you qualify.

Rules page (official page, opens in a new tab)

Overnight
Not allowed on any Express to Live account: positions are closed before the end of the trading day.

Rules page (official page, opens in a new tab)

Cash account and live account 4

After you pass
The evaluation becomes a funded Cash account with the same rules; reach the profit target again on it.

Rules page (official page, opens in a new tab)

Bonus payout
Paid once, when you press Switch to Live, at an 80% split: no withdrawal request, minimum days or balance threshold.$25K$1,000$50K$2,000$100K$3,000$150K$4,500

Rules page (official page, opens in a new tab)Terms of Use (official page, opens in a new tab)

Live credit
Added to your live account at the switch.$25K$500$50K$1,000$100K$1,500$150K$2,000

Rules page (official page, opens in a new tab)

Live account
Pays every day with no maximum, from a $500 minimum, at an 80% split; a monthly fee of $122 is listed as waived.

Rules page (official page, opens in a new tab)

Trading rules 6

News
Allowed on every account, at every stage.

Rules page (official page, opens in a new tab)

Bots and copiers
Robots and fully automated algorithms are not permitted; semi-automated software is allowed if you monitor and adjust every trade. Copy trading is allowed within the account limits.

Rules page (official page, opens in a new tab)

Instruments
CME Group futures on CME, CBOT, NYMEX and COMEX across equity indices, rates, currencies, agriculture, energy and metals, with Micro Bitcoin and Micro Ether, plus Eurex contracts on dxFeed and Tradovate.

Rules page (official page, opens in a new tab)

Platforms
Rithmic, Tradovate, NinjaTrader, TradingView and DeepCharts; on a Rithmic feed also Quantower, MotiveWave, ATAS, Sierra Chart and Bookmap. The data feed of an account fixes the platforms it can use.

Terms of Use (official page, opens in a new tab)

Commissions
Per side, per contract: ES $2.20 and MES $0.79 on Rithmic; ES $2.68 and MES $0.75 on Tradovate or NinjaTrader. Other contracts have their own rates, and all may change.

Rules page (official page, opens in a new tab)

Market data
CME top-of-book data is free for a non-professional trader; Rithmic depth is $16 a month per exchange, or $46 for all four.

Rules page (official page, opens in a new tab)

Accounts & payouts 5

Accounts at once
Up to 5 funded Fundamental, 5 Premium and 5 Express to Live accounts, 15 in all; among the Fundamental and Premium accounts at most 4 can be the $150K size (2 of each). Evaluation accounts have no limit.

Rules page (official page, opens in a new tab)

Getting paid
Payouts go to the Phidias Wallet and leave by Rise, any day of the week.

Rules page (official page, opens in a new tab)

Processing
The firm states that 90% of payouts are processed in under 30 minutes and always within 24 hours.

Accounts configurator (official page, opens in a new tab)

Refunds
All sales are final: no returns, refunds or exchanges, and a chargeback deactivates the membership.

Rules page (official page, opens in a new tab)

Company
Phidias Propfirm LTD, registered in Gibraltar, under Gibraltar law.

Rules page (official page, opens in a new tab)

Countries 2

Restricted
59 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

Rules page (official page, opens in a new tab)

Read before you buy

Traps and contradictions

From Phidias’s own pages. The watch-outs follow the plan you picked. Where two official pages say different things, both are shown: check with Phidias before you buy.

Watch out: Express to Live 5

  1. Virtual accounts

    The Terms of Use call the Cash account a virtual currency account and reserve the right to replicate your trades on real markets; real money is traded only on a live account.

    Terms of Use (official page, opens in a new tab)

  2. Resets

    The Terms of Use exclude Express to Live from resets, while the Rules page mentions buying a reset for every account: check before you buy.

    Terms of Use (official page, opens in a new tab)

  3. Bonus, not withdrawals

    The Cash account pays one fixed bonus of $1,000–$4,500 by size on Switch to Live, at an 80% split; the live account then pays every day.

    Rules page (official page, opens in a new tab)Terms of Use (official page, opens in a new tab)

  4. Overnight

    Holding overnight or over the weekend is not permitted on any Express to Live account.

    Rules page (official page, opens in a new tab)

  5. Final sales

    All sales are final, and a chargeback deactivates your membership immediately.

    Rules page (official page, opens in a new tab)

Official pages disagree 6

2 more, lower stakes

FAQ

Phidias questions, answered from the data

How much does Phidias cost?

Express to Live costs $88–$398 by size on the evaluation route ($25K, $50K, $100K and $150K) or $277–$1,125 in one payment. Fundamental is $164–$420 a month or $580–$863 once ($50K, $100K and $150K); Premium is $329–$570 a month or $723–$1,123 once. The evaluation route adds an activation fee of $83–$169 on Express to Live and $149–$169 on Fundamental and Premium when you pass; the one-time payment has none.

Accounts configurator (official page, opens in a new tab)Rules page (official page, opens in a new tab)

What is the difference between the evaluation route and the one-time payment?

The evaluation route is one fee on Express to Live and a monthly fee on Fundamental and Premium, with an activation fee due when you pass. The one-time payment costs more up front, covers the evaluation and the Cash account and carries no activation fee. The account rules are the same on both routes. The monthly Fundamental and Premium evaluations have no maximum number of days; the pages state no deadline for the other routes.

Accounts configurator (official page, opens in a new tab)Rules page (official page, opens in a new tab)Help center FAQ (French) (official page, opens in a new tab)Terms of Use (official page, opens in a new tab)

How does a Phidias account reach a live account?

On Express to Live, reach the profit target on the Cash account and press Switch to Live: the fixed bonus ($1,000–$4,500 by size) is credited and the Cash account becomes a live account. On Fundamental and Premium a live account is at the risk team’s discretion once you reach five payouts or $100,000 of cumulative profits across all accounts; meeting the thresholds does not guarantee it.

Rules page (official page, opens in a new tab)

Is the Phidias drawdown static or trailing?

Express to Live is static: $500–$1,000 by size, never trailing. Fundamental and Premium follow your end-of-day balance high ($2,500–$4,500 by size): the evaluation drawdown keeps trailing, and on a funded account it stops at $50,100 on a $50K account and at $100,100 on a $100K account.

Rules page (official page, opens in a new tab)

Can I hold positions overnight at Phidias?

Only on Premium accounts, up to the lot size of the account. Fundamental accounts must be flat by 9:59 PM UTC, and Express to Live accounts before the end of the trading day.

Rules page (official page, opens in a new tab)

What are the Phidias payout rules?

Fundamental and Premium pay on request: 10 winning days on Fundamental or 5 on Premium between requests (a day counts when it ends at least $150 up on a $50K account, more on larger ones), and a balance of at least $52,600 on a $50K account. The split is 80% on Fundamental and climbs from 75% to 100% on Premium, with up to $2,000–$2,750 per period. The Cash account also keeps its best day at most 30% of total profit. The Rules page gives a $500 minimum payout, the Terms of Use $1,000.

Rules page (official page, opens in a new tab)

Does Phidias accept US traders?

The pages checked do not say. The United States is not on the restricted-country list of the Rules page or of the Terms of Use, but none of them states that US residents are accepted.

Rules page (official page, opens in a new tab)Terms of Use (official page, opens in a new tab)Accounts configurator (official page, opens in a new tab)Home page (official page, opens in a new tab)Help center FAQ (French) (official page, opens in a new tab)

Can I reset a Phidias account?

On the monthly route a failed Fundamental or Premium evaluation can be reset for $40–$104 by size; the Terms of Use say no reset exists on Express to Live, and the reset price of the one-time route is not published. A funded Premium Cash account can be reset once, for $399–$599 by size, within 24 hours of the liquidation.

Terms of Use (official page, opens in a new tab)Accounts configurator (official page, opens in a new tab)Rules page (official page, opens in a new tab)