Prop firm rules
Phidias rules
Phidias prop firm rules: the $650 static drawdown on Express to Live, the Fundamental and Premium end-of-day drawdowns, consistency and holding rules.
At a glance · Express to Live (E2L) 50K, evaluation
- Account
- Express to Live (E2L) 50K
- Profit target
- $2,500
- Daily loss limit
- None
- Maximum drawdown
- $650 static
- Consistency
- None
- Minimum days
- None
- Maximum size
- 5 contracts (50 micros)
- News trading
- Allowed
- Holding trades
- Day trading only
What stands out
Express to Live has a very small, fixed drawdown. On the 50K you have $650 of static drawdown, the same in every stage, against a $2,500 target. There's no daily loss limit, and it's day trading only.
Fundamental and Premium trail at the end of the day. Both have a $2,500 drawdown on the 50K that stops trailing at $50,100 once funded, and a $4,000 target. The funded stage adds a payout consistency rule: no day above 30% of profit.
The difference is holding and days. Fundamental closes out by 9:59 PM UTC and asks for at least 10 trading days once funded. Premium allows overnight and weekend holds and asks for 5.
News trading is allowed on every Phidias account.
The 10K Drawdown Challenge is a competition rather than a funded route, and is listed below for completeness.
Express to Live (E2L)
Sizes 25K, 50K, 100K, 150K. The table shows the 50K account. Drawdown $650 static · No daily loss limit · Target $2,500.
| Rule | Evaluation | Funded | Live |
|---|---|---|---|
| Profit target | $2,500 | $2,500 | None |
| Daily loss limit | None | None | Not published |
| Maximum drawdown | $650 static | $650 static | $650 static |
| Consistency | None | None | None |
| Minimum days | None | None | None |
| Maximum size | 5 contracts (50 micros) | 5 contracts (50 micros) | 3 contracts |
| News trading | Allowed | Allowed | Allowed |
| Holding trades | Day trading only | Day trading only | Day trading only |
Every account size, evaluation
| Size | Profit target | Daily loss limit | Maximum drawdown |
|---|---|---|---|
| 25K | $1,500 | None | $500 static |
| 50K | $2,500 | None | $650 static |
| 100K | $3,500 | None | $800 static |
| 150K | $4,500 | None | $1,000 static |
Fundamental
Sizes 50K, 100K, 150K. The table shows the 50K account. Drawdown $2,500 trailing, end of day · No daily loss limit · Target $4,000.
| Rule | Evaluation | Funded | Live |
|---|---|---|---|
| Profit target | $4,000 | None | None |
| Daily loss limit | None | None | Not published |
| Maximum drawdown | $2,500 trailing, end of day | $2,500 trailing, end of day, stops at $50,100 | Not published |
| Consistency | None | Best day ≤ 30% of profit, for a payout | Not published |
| Minimum days | 3 minimum | 10 minimum | Not published |
| Days for a payout | – | 10 days of $150+ | – |
| Maximum size | 10 contracts (100 micros) | 10 contracts (100 micros) | Not published |
| News trading | Allowed | Allowed | Allowed |
| Holding trades | Flat by 9:59 PM UTC | Flat by 9:59 PM UTC | Not published |
Every account size, evaluation
| Size | Profit target | Daily loss limit | Maximum drawdown |
|---|---|---|---|
| 50K | $4,000 | None | $2,500 trailing, end of day |
| 100K | $6,000 | None | $3,000 trailing, end of day |
| 150K | $9,000 | None | $4,500 trailing, end of day |
10K Drawdown Challenge (competition)
One size, 10K. Drawdown $10,000 trailing, end of day.
| Rule | Evaluation |
|---|---|
| Profit target | None |
| Daily loss limit | Not published |
| Maximum drawdown | $10,000 trailing, end of day |
| Consistency | None |
| Minimum days | None |
| Maximum size | 25 contracts (250 micros) |
| News trading | Allowed |
| Holding trades | Overnight and weekends |
Where these rules come from
Every figure above is from Phidias's own pages, read on 30 October 2026. Where a page leaves a rule open, or two pages disagree, the table says so instead of guessing. Firms change their rules, so the firm's pages have the final word.
The 11 pages checked
- Rules · phidiaspropfirm.com
- Tou · phidiaspropfirm.com
- Regles du end of day eod · helpcenter.phidiaspropfirm.com
- Cest quoi le drawdown eod end of day · helpcenter.phidiaspropfirm.com
- Regles compte express to live etl e2l · helpcenter.phidiaspropfirm.com
- Wallet phidias propfirm phidias points · helpcenter.phidiaspropfirm.com
- Que se passe t il si j atteins mon objectif de profit avant le nombre de jour mi · helpcenter.phidiaspropfirm.com
- Les dimanches et jours feries sont ils consideres comme des jours de bourse · helpcenter.phidiaspropfirm.com
- Pour qu une journee soit comptabilisee comme negociee une transaction doit elle · helpcenter.phidiaspropfirm.com
- Si j ai un compte premium et que je gagne sur une operation qui a mis deux jours · helpcenter.phidiaspropfirm.com
- Demandes de retraits et nombre de jours par retrait · helpcenter.phidiaspropfirm.com
Questions
What is Phidias's daily loss limit?
On Phidias's Express to Live (E2L) 50K account, there's no daily loss limit in the evaluation, and the same in the funded stage. Checked on 30 October 2026; Phidias's own pages have the final word.
What kind of drawdown does Phidias use?
On Phidias's Express to Live (E2L) 50K account, the maximum drawdown is $650 static in the evaluation, and the same in the funded stage. Checked on 30 October 2026; Phidias's own pages have the final word.
Does Phidias have a consistency rule?
On Phidias's Express to Live (E2L) 50K account, there's no consistency rule in the evaluation, and the same in the funded stage. Checked on 30 October 2026; Phidias's own pages have the final word.
What is Phidias's profit target?
On Phidias's Express to Live (E2L) 50K account, the profit target in the evaluation is $2,500. Checked on 30 October 2026; Phidias's own pages have the final word.
Can you hold trades overnight with Phidias?
On Phidias's Express to Live (E2L) 50K account: day trading only. Checked on 30 October 2026; Phidias's own pages have the final word.
Can you trade the news with Phidias?
On Phidias's Express to Live (E2L) 50K account, news trading is allowed in the evaluation. Checked on 30 October 2026; Phidias's own pages have the final word.