Company Information

Company Name: Phidias PropFirm
Company Legal Name: Phidias PropFirm Limited
Company Registration No.: GICO.123937-76
Operating Since: June 12, 2024
CEO Name: Undisclosed

Challenge Details

Fundamental $50K

Pricing: $54/Month

Rules:

Profit Target: 8%
Total Loss: 5%
Daily Loss: 0%
Profit Share: 80%
Drawdown Type: End-of-Day (EOD) Drawdown
Time Limit: Unlimited
Max Lot Size: 10 lots (100 micros) intraday
Payout Frequency: Every 10 Days
Allows Copy Trading: No
Min Trading Days: 5
Reset Fees: $45

Fundamental $100K

Pricing: $86/Month

Rules:

Profit Target: 6%
Total Loss: 3%
Daily Loss: 0%
Profit Share: 80%
Drawdown Type: End-of-Day (EOD) Drawdown
Time Limit: Unlimited
Max Lot Size: 14 lots (140 micros) intraday
Payout Frequency: Every 10 Days
Allows Copy Trading: No
Min Trading Days: 5
Reset Fees: $75

Swing $50K

Pricing: $110/Month

Rules:

Profit Target: 8%
Total Loss: 5%
Daily Loss: 0%
Profit Share: 80%
Drawdown Type: End-of-Day (EOD) Drawdown
Time Limit: Unlimited
Max Lot Size: 10 lots (100 micros) intraday
Overnight and Overweek Trading: Allowed (1 mini contract max)
Payout Frequency: Every 10 Days
Allows Copy Trading: No
Min Trading Days: 5
Reset Fees: $79

Swing $100K

Pricing: $165/Month

Rules:

Profit Target: 6%
Total Loss: 3%
Daily Loss: 0%
Profit Share: 80%
Drawdown Type: End-of-Day (EOD) Drawdown
Time Limit: Unlimited
Max Lot Size: 10 lots (100 micros) intraday
Overnight and Overweek Trading: Allowed (2 mini contracts max)
Payout Frequency: Every 10 Days
Allows Copy Trading: No
Min Trading Days: 5
Reset Fees: $99

10K Drawdown $10K EOD

Pricing: $21/Registration

Rules:

Profit Target: Not mentioned
Total Loss: 100%
Daily Loss: 0%
Profit Share: 80%
Drawdown Type: End-of-Day (EOD) Drawdown
Time Limit: Unlimited
Max Lot Size: 25 lots (250 micros) intraday
Overnight and Overweek Trading: Allowed (5 contracts E-mini/E-micro max)
Payout Frequency: Every 10 Days
Allows Copy Trading: No
Min Trading Days: 5
Reset Fees: $19

Master $1M

Pricing: $2,185/Month

Rules:

Profit Target: 20%
Total Loss: 5%
Daily Loss: 0%
Profit Share: 80%
Drawdown Type: End-of-Day (EOD) Drawdown
Time Limit: Unlimited
Max Lot Size: 50 lots (500 micros) intraday
Overnight and Overweek Trading: Allowed (5 contracts E-mini/E-micro max)
Payout Frequency: Every 10 Days
Allows Copy Trading: No
Min Trading Days: 5
Reset Fees: $999

Scaling Plan

Phidias PropFirm has not mentioned any information related to scaling plan on their website.

Spreads and News Trading Rules

Spreads:

Phidias PropFirm has not mentioned any information related to spreads on their website.

News Trading Rules:

Phidias PropFirm has not mentioned any information related to news trading rules on their website.

Other Important Rules

Countries Banned from Purchasing:

Phidias PropFirm does not accept traders from the following countries:

Afghanistan
Algeria
Angola
Albania
Bosnia and Herzegovina
Bulgaria
Belarus
Botswana
Burkina Faso
Burundi
Croatia
Central African Republic
Cuba
Democratic Republic of the Congo
Democratic People's Republic of Korea (DPRK)
Ecuador
Ethiopia
Guyana
Haiti
Iran
Indonesia
Iraq
Jamaica
Kenya
Kosovo
Lao PDR
Lebanon
Libya
Mauritius
North Macedonia
Montenegro
Mali
Malta
Mozambique
Namibia
Nicaragua
Nigeria
Myanmar (Burma)
Pakistan
Papua New Guinea
Philippines
Romania
Russia
Senegal
Serbia
Somalia
South Africa
South Sudan
Sudan (Darfur)
Syria
Crimea Region of Ukraine
Sri Lanka
Slovenia
Yugoslavia
Tanzania
Trinidad and Tobago
Tunisia
Venezuela
Yemen
Zimbabwe

Gambling Rules:

Phidias PropFirm has not mentioned any information related to IP Gambling Rules on their website.

Prohibited Trading Strategies:

Phidias PropFirm has not mentioned any information related to Prohibited Trading Strategies on their website.

Payout Methods:

Payments are made via RISEWORKS.io.

Trading Commissions:

Traders can check trading commissions for specific instruments on their help center page.

IP Rule:

Phidias PropFirm has not mentioned any IP Address Rule on their website. We advice traders to trade using same device from which they purchase any challenge account.

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