THE PHIDIAS PROPFIRM RULES

At Phidias Propfirm, we firmly believe in your autonomy when it comes to trading. Your trading style is an expression of your personality and your strategy, and we are here to support you without hindrance. Whether you prefer scalping, intraday or swing trading, you have carte blanche as long as your trading is legitimate, in phase with market conditions, and we can replicate your trades on our corporate accounts.

You can trade a wide range of instruments and assets, from Forex to Indices, commodities, rates, and Cryptocurrencies. You will find a complete list of available symbols in the Authorized Products section below.

We encourage all our traders to avoid gambling practices unrelated to trading. In case of intentional or repetitive non-conforming behavior on one or more accounts, we reserve the right to take measures to reduce risks, ranging from removing conflicting positions to rebalancing the account, reducing contracts or closing the account completely and terminating our cooperation.

We bear the risk and share the profits. Trading with Phidias Propfirm is as simple as it gets:

Choose your account size: You choose and purchase the account size that best fits your goals and trading style.

The monthly subscription is recurring as long as the account is not validated or canceled. These fees cover access to data feeds and a number of our tools and services.

Start the evaluation account: Once registered and you have paid the subscription, we will send you an explanatory email. You can start your evaluation account via the trading platform of your choice (DeepCharts with dxFeed or any platform compatible with Rithmic). Connection guides here

Reach the profit target without breaking any rules: The main objective is to make profits while respecting our trading rules. Keep an eye on your maximum authorized loss, as this criterion is one of the most important for success. See EOD Rules

During the evaluation phase, we carefully monitor your performance and apply risk management mechanisms to help you succeed as a trader.

Authorized Drawdown Management

Your authorized drawdown is calculated at the end of each trading day, and this calculation does not change during the day. However, if your balance reaches and exceeds the value of your drawdown limit, you will be liquidated. When your account balance reaches a new profit peak at the end of the trading day, the drawdown is calculated taking into account only the profits realized at that time, excluding unrealized profits.

Trailing End of Day

Trailing end of day involves automatically adjusting the daily stop-loss level as your capital moves upward. The daily stop-loss level is adjusted at the end of each trading session, which ends at 10:00 PM UTC+2.

How It Works — Example

If your starting capital is $50,000, you have a stop-loss of $2,500 for the day. You cannot go below $47,500 or you will be liquidated. If you end the day at +$500 profit, your stop-loss will be automatically adjusted to -$2,500 against your new balance at the end of the day, bringing your liquidation price to $48,000 instead of $47,500.

On evaluation accounts: The EOD Drawdown always persists until the end of the evaluation.

On funded accounts: Your EOD Drawdown stops at $50,100 for a 50K account and at $100,100 for a 100K account. Once the EOD Drawdown reaches these limits, it will no longer trail.

Important: Your liquidation price remains fixed for the day. Regardless of the gains made during the day, you will only be liquidated when your capital reaches the day's limit. For example, if you start with $50,000 and your liquidation value is $47,500, even if you make $1,000 in the morning, your EOD stop loss remains at $47,500 — allowing a maximum loss of $3,500 for the rest of that day.

Over-night positions are trading positions that are neither closed nor liquidated at the end of the trading day. Over-week positions are positions that are not closed at the end of the week and remain open when the Monday Globex session resumes.

In accordance with Phidias Propfirm trading rules, all positions must be closed before the end of the trading day for Fundamental accounts. Positions on Swing accounts can remain open overnight and over-week, with a lot size corresponding to the size of your account.

Failure to close a position before market close will result in account disqualification. This rule is only valid for Fundamental accounts. Swing accounts are excluded from this rule.

All instruments for Fundamental accounts must be traded during the following business hours (UTC time). Swing accounts are excluded from this rule.

Failure to close a position before the deadline results in account disqualification. Swing accounts are excluded.

CME Normal Trading Hours: cmegroup.com/trading-hours

Holiday Calendar: cmegroup.com/holiday-calendar

Time converters: savvytime.com | worldtimebuddy.com

Yes, you are authorized to trade during news events on all accounts.

CME Group (Rithmic)

EUREX (dxFeed)

At Phidias Propfirm, we attach great importance to discipline, consistency and security in our trading operations.

How It Works

If your total profit is $1,000 on your account, one of the previous days cannot exceed $300 (30% of $1,000 = $300). But if it does, no worries — you just need to increase your total profit. For example, if you make $330 on your best day, you just need to increase your total profit from $1,000 to $1,100 and you enter the consistency rule (30% of $1,100 = $330).

Example

If you make $1,000 in 4 days ($250 each day), your best profit day is $250, and $250 out of $1,000 total profit represents 25% — you pass.

But if, out of those 4 days, you have one day at $350, one day at $100 and two other days at $250, it is still $1,000. However, your best profit day is $350. That is 35% of $1,000 total profit — exceeding the 30% rule.

Account Minimum Thresholds

Balance After Withdrawal Cannot Fall Below

Maximum Withdrawal per Period

If you have multiple accounts, you can withdraw up to the maximum amount from each account during each payment period.

Trading Day Requirement

A trading day is counted only if it shows a positive PnL of at least:

The system only considers a trading day as complete after market close and at the start of the 11th day.

Transition to LIVE Account

When a trader reaches a cumulative total withdrawal of $75,000 from CASH accounts, they receive their last payout within this threshold limit. A proposal to switch to a LIVE account will then be made.

LIVE Account Credit

LIVE credits are calculated based on active balances remaining at the time of withdrawal, provided they are greater than the initial balance +$100.

LIVE Account Rules

A trader can only have one LIVE account. Once switched:

• Via Fundamental/Swing: No longer eligible for Fundamental and Swing challenges. Can only participate in 10K Drawdown and 25K Static.
• Via 25K Static: No longer eligible for 25K Static challenges (5 accounts max). Can participate in 10K Drawdown, Fundamental, and Swing.
• Via 10K Drawdown: No longer eligible for 10K Drawdown. Can participate in 25K Static, Fundamental, and Swing.

If a trader with a LIVE account completes another challenge, the amounts will be credited directly to their active LIVE account (no second LIVE account).

You have reached your evaluation account target and would like to upgrade to a Phidias CASH account. Activation fees are Lifetime on each account (one-time payment per account until failure, no monthly fees).

Monthly Subscription Activation Fees

One-Time Payment (Evaluation + CASH)

No activation fees for switching to CASH account. The evaluation and CASH account remains Lifetime, without any additional fees.

The Phidias Wallet is an internal system designed to centralize your earnings and facilitate the management of your operations on the platform.

General Operation

• The Wallet is automatically credited as soon as a payout is validated
• Bank transfers via Rise (any day of the week)
• The Wallet is linked to your Phidias account and cannot be used outside the platform

Use of Wallet Funds

• Purchase new evaluation accounts
• Pay activation fees or add-ons (e.g., Rithmic Market Depth)
• Fund a live account directly with your earnings
• Make a payout request to a Rise account (any day of the week)

Live Account Funding

If no live account is yet open, an account will be automatically created with our partner Dorman Trading via Sweet Futures when funding from the Wallet.

The amount transferred to the live account corresponds to the trader's maximum authorized loss. We automatically add the necessary margin required by the exchanges.

Example: A deposit of $500 will allow the opening of a live account with margin added automatically (about $2,500 total). The maximum loss will always remain fixed at the amount sent ($500).

Key Characteristics

Size Extension

To increase the number of authorized contracts, the trader must make a written request by email to support. The Risk Management team will evaluate the trader's risk profile and can accept, refuse or adjust the maximum authorized size.

Phidias Points

The platform uses an internal currency called the Phidias Point. This unit of account is used for internal operations such as purchasing accounts, paying fees and awarding potential bonuses. Phidias Points are not transferable outside the Phidias ecosystem and cannot be considered as an official currency or cryptocurrency.

The ELITE LIVE and MASTER LIVE Accounts are accessible to traders with a live trading history:

Balance Addition on Transition

Prizes & Rewards

Tier Rewards

How to Use Your Phidias Wallet

Top 10 winnings are deposited into your Phidias Wallet. From your wallet, you can:

• Direct withdrawal to your bank account via Rise
• Transfer to a live account (if you have one)
• Create a live account (if you don't have one)
• Use in the Phidias store for all products and evaluations

Challenge Rules

Ranking System

• Daily EOD update (after market reopening +2h)
• Ranked by total profit
• Multi-accounts: best account counted
• 100% of participants win a reward

These accounts offer immediate and simplified access to Live.

How It Works

LIVE Account Details

Cumulative Accounts

Each validated CASH 25K static account credits your LIVE account with 2 lots (or 20 micro lots) and $500 authorized loss. With 5 validated accounts, you accumulate up to $2,500 in authorized loss and receive a $5,000 bonus total (5 x $1,000).

In case of failure on a LIVE trading account, the Trader will not be able to subscribe to a new 25K Static challenge for 1 month.

150K CASH accounts are considered equivalent to two standard accounts (50K or 100K). They count double in the total authorized accounts per category.

Valid Combinations

• 5 CASH Fundamental + 5 CASH Swing + 5 25K Static = OK
• 3 CASH Fundamental + 2 CASH Swing + 3 25K Static = OK
• 2 CASH Fund 150K + 1 CASH Fund 50K + 1 CASH Fund 100K + 2 CASH Swing 150K + 3 25K Static = OK

Any CASH account beyond this threshold will be considered lost.

Copy Trading

Copy trading is allowed within our guidelines regarding the number of authorized accounts. Each person, company or Internet connection can own up to 5 CASH Swing + 5 CASH Fundamental + 5 CASH/LIVE Static accounts.

You may use third-party copy trading software, but Phidias assumes no responsibility for failures or technical problems on these platforms. If we discover identical strategies exceeding the maximum allowed capital, we reserve the right to suspend these accounts.

Due to various regulations and legal considerations, we are currently unable to offer our trading services in certain countries. This list is not exhaustive and is subject to changes at any time.

Reasons for Restrictions

1. Sanctions and Embargos: International sanctions or embargos restricting financial transactions.
2. Management Capacity: Partners, brokers, or data providers unable to open real accounts in certain regions.
3. Fraud Risk: Countries with historically higher fraud risk.
4. Services: Language barriers and lack of local service representatives.
5. Individuals: People on sanctions lists, with financial crime records, or previously banned.

Restricted Countries

Unless otherwise specified, each subscription term will automatically renew on each expiration date, unless you have canceled before the expiration of the current subscription term.

Your participation or non-use of any purchased service does not entitle you to a refund.

Chargebacks: Any purchase resulting in a chargeback or payment dispute will result in immediate deactivation of your membership. Your username will be permanently banned from our database.

During the evaluation phase, a non-professional trader will obtain top-of-book data for the CME free of charge.

You can purchase market depth as an add-on module from your member area (Addons tab).