<p>Phidias Propfirm is a prop firm registered in <strong>Gibraltar</strong>, active for about <strong>3 years</strong>, that communicates heavily on two differentiators: <strong>1-phase challenges at 8% from €49</strong> (ideal for European traders who want to pay in euros), and aggressive positioning on payout speed, with <strong>subsequent payouts announced within 48h</strong> and the display of more than <strong>$15M paid out</strong> to more than <strong>50,000 funded traders</strong> (figures claimed by the firm, not audited). The most distinctive point: Phidias presents itself as a <strong>« live futures prop firm »</strong>, with real accounts and <strong>news trading allowed on all accounts</strong>. Full test.</p>
<h2>Phidias Propfirm company profile</h2> <table> <tr><th>Item</th><th>Detail</th></tr> <tr><td>Headquarters</td><td>Gibraltar</td></tr> <tr><td>Track record</td><td>About 3 years</td></tr> <tr><td>Founders</td><td>Not disclosed</td></tr> <tr><td>Trustpilot rating</td><td>4.0/5</td></tr> <tr><td>Maximum allocation</td><td>€100,000 per account (up to $1M cumulative funding claimed)</td></tr> <tr><td>Funded traders / payout volume</td><td>More than 50,000 funded traders and $15M+ paid out (firm's figures)</td></tr> <tr><td>Specialty</td><td>« Live » futures accounts, news trading allowed</td></tr> </table>
<h2>Pricing and conditions by account size</h2> <p>Accounts range from <strong>€5,000 to €100,000</strong>, with challenges <strong>from €49</strong>: Phidias plays the low-price card in euros, with no hidden fees announced at the time of subscription.</p> <table> <tr><th>Account size</th><th>Profit target</th><th>Daily drawdown</th><th>Max drawdown</th></tr> <tr><td>€5,000 – €100,000</td><td>8% (1 phase)</td><td>5%</td><td>10%</td></tr> </table> <p>With a single 8% target and a standard 5%/10% drawdown, Phidias offers one of the best « target/drawdown » combinations on the 1-phase market: 2 points less than the classic 10%, at a reduced entry price. The trade-off is the firm's short track record: 3 years is still young in a sector where financial solidity is proven over full cycles.</p>
<h2>The Phidias challenge format</h2> <table> <tr><th>Format</th><th>Targets</th><th>Price</th><th>Special feature</th></tr> <tr><td>1 phase</td><td>8%</td><td>From €49</td><td>« Live » accounts, news trading allowed</td></tr> <tr><td>2 phases / instant funding</td><td>Not disclosed</td><td>—</td><td>Offer centered on the 1 phase</td></tr> </table>
<h2>Detailed trading rules</h2> <ul> <li><strong>News trading</strong>: <strong>allowed on all accounts</strong> according to the rules published by the firm. This is exceptional: the majority of prop firms prohibit opening/closing positions within a 2 to 5 minute window around major announcements.</li> <li><strong>Drawdown</strong>: 5% daily, 10% maximum.</li> <li><strong>Weekend holding / EA and copy trading / consistency</strong>: rules not disclosed in a consolidated way, to be checked in the account conditions (the firm publishes its full rules on its website).</li> <li><strong>Leverage, spreads, commissions, hours</strong>: schedules not publicly disclosed.</li> </ul> <p>Allowed news trading changes the practice: macro trading strategies (CPI, NFP, FOMC) become possible, as described in our guide « <a href="https://fundedtrader.fr/blog/trader-le-dow-jones-en-prop-firm">trading the Dow Jones with a prop firm</a> » — provided slippage is controlled on the instruments involved.</p>
<h2>Platforms and instruments</h2> <table> <tr><th>Platform</th><th>Software</th><th>Web</th><th>Mobile</th></tr> <tr><td><a href="https://fundedtrader.fr/blog/plateforme-metatrader">MetaTrader 5</a></td><td>Yes</td><td>Yes</td><td>Yes</td></tr> <tr><td><a href="https://fundedtrader.fr/blog/plateforme-dxtrade">DXtrade</a></td><td>No (web)</td><td>Yes</td><td>Yes</td></tr> </table> <p>Phidias relies on <strong>MT5 and DXtrade</strong>, with a catalog oriented toward futures and CFDs (the detail per asset class and the total number of instruments are not published). Access to « live » futures on US indices remains the central argument: cross it with our method on the <a href="https://fundedtrader.fr/blog/trader-le-dow-jones-en-prop-firm">Dow Jones</a> or metals trading such as <a href="https://fundedtrader.fr/blog/trader-lor-en-prop-firm">gold with a prop firm</a>.</p>
<h2>Payouts</h2> <ul> <li><strong>Split</strong>: 90% of profits, on eligible funded plans.</li> <li><strong>Announced timeframe</strong>: our database indicates 7 to 10 days; the firm now communicates on <strong>subsequent payouts within 48h</strong> and claims to settle 90% of requests in less than 30 minutes (claimed figures, to be confronted with user feedback).</li> <li><strong>Claimed reliability</strong>: 100% payout approval rate and « zero refused payments » according to the firm.</li> <li><strong>Methods, currencies, minimum and fees</strong>: not publicly disclosed.</li> </ul>
<h2>Phidias Propfirm versus the competition</h2> <table> <tr><th>Prop firm</th><th>Entry price</th><th>Targets</th><th>Drawdown</th><th>Split</th><th>Payout</th></tr> <tr><td><strong>Phidias Propfirm</strong></td><td>From €49</td><td>8% (1 phase)</td><td>5% / 10%</td><td>90%</td><td>7-10 days (48h claimed afterwards)</td></tr> <tr><td>SmartTraderFunds</td><td>From €49</td><td>8% (1 phase)</td><td>5% / 10%</td><td>90%</td><td>7 days</td></tr> <tr><td>Leeloo Trading</td><td>From $99</td><td>10%</td><td>Trailing</td><td>Up to 90%</td><td>5 days</td></tr> <tr><td>OneUp Trader</td><td>From $165</td><td>10% / 6%</td><td>5% / 6-10%</td><td>100% then 90%</td><td>On request</td></tr> </table> <p>Against American futures firms, Phidias plays both cards: low prices in euros and « live » accounts. But its 3-year track record remains its main limitation versus the leaders. Compare on our <a href="https://fundedtrader.fr/comparateur-prop-firms">prop firm comparison</a>.</p>
<h2>Pros and cons</h2> <h3>Pros</h3> <ul> <li>Fast 1-phase challenge at 8% from €49, in euros</li> <li>News trading allowed on all accounts</li> <li>90% split and aggressive communication on payout speed</li> <li>Original « live futures » positioning</li> </ul> <h3>Cons</h3> <ul> <li>Recent firm: 3 years, little auditable track record</li> <li>Payout figures claimed, not independently verified</li> <li>Instrument catalog and fees poorly documented publicly</li> </ul>
<h2>Phidias Propfirm FAQ</h2> <h3>Is Phidias Propfirm reliable?</h3> <p>The 4.0/5 Trustpilot rating and the transparency on rules (published on its website) are reassuring, but with 3 years of activity, favor a modest first subscription and check recent payment feedback.</p> <h3>Is news trading really allowed?</h3> <p>Yes, the firm announces it explicitly for all of its accounts, which distinguishes it from the vast majority of prop firms.</p>
<h2>How to approach the 8% 1-phase at Phidias: the typical plan</h2> <p>The 8% 1-phase is the fastest format on the market, but also the most emotionally demanding: a single phase, a single drawdown to respect. On a €25,000 account, the recommended plan:</p> <ul> <li><strong>Target: €2,000 (8%)</strong>. 0.5% risk per trade (€125), systematic 1:2 ratio: each winning trade earns €250, each losing trade costs €125.</li> <li><strong>Drawdown budget</strong>: €1,250 maximum daily loss (5%). Cut the session after two consecutive losses: three losing trades = 30% of the total budget.</li> <li><strong>Allowed news trading = an opportunity to frame</strong>: that is Phidias's specificity. CPI (2:30 pm Paris) and FOMC windows offer wide moves, but demand a controlled spread and a reduced size (0.25% risk): slippage on indices around announcements remains high even on a live account.</li> <li><strong>Horizon</strong>: 8% with 3 to 5 winning trades, i.e. 4 to 6 weeks of selective trading. No time limit is one less stress.</li> </ul> <p>For instruments, apply the per-asset-class method of our guides: US indices via « <a href="https://fundedtrader.fr/blog/trader-le-dow-jones-en-prop-firm">trading the Dow Jones with a prop firm</a> », metals via « <a href="https://fundedtrader.fr/blog/trader-lor-en-prop-firm">trading gold with a prop firm</a> ». On MT5 or <a href="https://fundedtrader.fr/blog/plateforme-dxtrade">DXtrade</a>, journal every trade to prove your consistency at the first withdrawal.</p>
<h2>Fundedtrader.fr verdict</h2> <p>Phidias Propfirm offers one of the best price/conditions ratios on the 1-phase market: €49, an 8% target, a 90% split and allowed news trading. Its youth simply means starting gradually and monitoring payment regularity. Compare its offer with the established firms in our <a href="https://fundedtrader.fr/comparateur-prop-firms">comparison</a>, and prepare your execution with our per-instrument trading guides.</p>