Phidias Prop Firm Overview
Phidias provides $25k Static, Fundamental, and Swing accounts of $50k and $100k.
Trading Rules:
Dollar Cost Averaging (DCA): Allowed (both the evaluation and Pro account).
News Trading: Allowed.
No hedging. It is prohibited to be long in one account and short in another account.
No High Frequency Trading (HFT): It is prohibited to use automated high-frequency trading.
Minimum trading days: At least 3 days for EVAL and 10 days for CASH account for the first three withdrawal. No min trading days required after three withdrawal from a CASH account.
Consistency Rules: 30% applies exclusively to the CASH account; it does not apply to EVAL. For those who want to YOLO EVAL, here you go:)
Trading Hours: All positions on Fundamental accounts must be closed by 3:59pm ET. Swing accounts are allowed to hold position overnight and over the weekend.
EOD Drawdown: Fundamental, Swing and funded accounts have EOD drawdown.
Activation Fees:
25K Static : $83 Lifetime
50k Fundamental : $86 / month or $174 Lifetime
100K Fundamental : $107 / month or $217 Lifetime
50K Swing : $107 / month or $217 Lifetime
100k Swing : $107 / month or $270 Lifetime
Profit Split: 80% for traders and 20% for Phidias
Payout Window: Request for payout during 20th - 25th of each month and payment at the end of the month.
Max number of account: Total of 16. (5 CASH Swing + 5 CASH Fundamental + 5 $25k Static + 1 $10k Challenge)
Min Withdrawal:
Max Withdrawal:
Use the code NOMAD to snag a discount, and don’t forget to visit the promo code page for other ongoing campaigns with different prop firms.
Varied by account size:
Withdrawals from a $50,000 account: Limited to $2,000 on each month.
Withdrawals from $100,000 account: Limited to $2,500 on each month.
$1000 per account.
Trading Platform:
Rithmic data feed:
Quantower, Sierra Chart, Motivewave, Jigsaw, Bookmap, ATAS
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