Global
Express to Live / Fundamental / Premium
Data last verified on PropFirmElite: August 31, 2026.
Visit Phidias to start your evaluation.
Official siteEvaluation pricing and key rules by account size.
| Size | Eval fee | Activation | Monthly | Rules |
|---|---|---|---|---|
| $25K Express to Live | $277 | $83 | Free | Target $1,500 · DD $500 · 2 contracts |
| $50K Fundamental | — | $149 | Free | Target $4,000 · DD $2,500 · 10 contracts |
| $50K Express to Live | — | $149 | Free | Target $2,500 · DD $650 · 5 contracts |
| $50K Premium | — | $149 | Free | Target $4,000 · DD $2,500 · 10 contracts |
Phidias paths in this catalog: Express to Live / Fundamental / Premium.
| Path | From | Target | Drawdown | Consistency |
|---|---|---|---|---|
| Express to Live | $277 · $83 act. | $1,500 | $500 | None |
| Fundamental | — · $149 act. | $4,000 | $2,500 | 30% on funded |
| Premium | — · $149 act. | $4,000 | $2,500 | 30% on funded |
Sample $25K Express to Live · $50K Fundamental · $50K Premium. Facts from catalog SKUs, not a full rulebook.
| $100K Fundamental | — | $149 | Free | Target $6,000 · DD $3,000 · 14 contracts |
| $100K Express to Live | $900 | $149 | Free | Target $3,500 · DD $800 · 7 contracts |
| $100K Premium | — | $149 | Free | Target $6,000 · DD $3,000 · 14 contracts |
| $150K Express to Live | — | $169 | Free | Target $4,500 · DD $1,000 · 9 contracts |
| $150K Premium | — | $169 | Free | Target $9,000 · DD $4,500 · 17 contracts |
| $150K Fundamental | — | $169 | Free | Target $9,000 · DD $4,500 · 17 contracts |
Detailed rules overview coming soon.
View official rulesCheck Phidias's website for the most up-to-date rules.
Methods
Express to Live: first CASH profit target triggers Switch to Live — a fixed bonus (80/20) credits the Phidias Wallet and the account converts to LIVE with Dorman Trading. E2L has no 30% consistency rule and no daily loss limit. Fundamental: fixed 80/20, 10 funded trading days, 30% CASH consistency, payout caps per cycle. Premium: progressive 75/80/85/90/100% from the 5th payout, payouts every 5 funded days, overnight/weekend holds allowed, one Cash Account Reset within 24h of liquidation. Fundamental/Premium LIVE is discretionary after 5 payouts or $100K cumulative (old 3-payout/$75K bar is deprecated); E2L payouts do not count toward that threshold. Min withdrawal $500. Official claim of zero denied payouts is unverified here (PENDING).
Expected value of one evaluation attempt under your assumptions. Not a prediction, not a promise, and not firm-reported statistics.
Activation fee
$83
From this SKU. Included so EV is not overstated. Hidden when $0.
EV per eval
−$245.30
EV per eval = your pass rate × (your payout chance × your average payout − activation fee) − eval cost
Break-even pass rate: 87.4% — the pass rate that makes EV $0 with your other assumptions.
Open this calculator with Phidias $25K Express to Live
Phidias 2.0 (live since late April 2026) is a futures prop firm with three families: Express to Live (static drawdown that never trails, zero minimum trading days, first CASH payout converts to LIVE with Dorman Trading), Fundamental (EOD trailing, fixed 80/20, no overnight), and Premium (EOD trailing, overnight and weekend holds, progressive split 75% to 100% from the 5th payout). Overnight/weekend holding is Premium-only — E2L and Fundamental must close end of day.
Official E2L grid (rules page 2026-08-29): 25K $1,500 target / $500 static / 2 minis; 50K $2,500 / $650 / 5; 100K $3,500 / $800 / 7; 150K $4,500 / $1,000 / 9. 25K E2L OTP list $277 (activation $0 on OTP; monthly-path activation $83).
100K E2L OTP showed $900 on the official 2.0 configurator 2026-08-29. 50K and 150K E2L eval fees PENDING (configurator-only).
Homepage checkout 2026-08-29 showed public code PHIDIAS80 on the 25K E2L example; currentPromo is left null so PropFirmElite does not invent or wire an affiliate code. Confirm checkout.
Platforms: Tradovate, NinjaTrader, TradingView (via Tradovate), Rithmic, DeepCharts. Payouts via Phidias Wallet / Rise; firm advertises 90% under 30 minutes and zero denials (PENDING verification).
Fundamental/Premium LIVE conversion is discretionary at 5 payouts or $100K cumulative.
Static-risk traders who want a published first-payout LIVE path, or swing traders
Skip-eval buyers, or traders who need overnight holds on the cheap 25K. Research: confirm family before paying; 25K E2L static room is $500.
Based on the structured rules and product flags we track, Phidias tends to fit traders who prefer a one-step evaluation path; futures-focused traders. Compare profit targets, max loss, and payout frequency against your strategy before paying an evaluation fee.
Browse all prop firms or read our prop firm guides for drawdown math, payout comparisons, and beginner picks.
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Channels
PENDING verification: Phidias 2.0 rebuilt the futures lineup into Express to Live (static, first payout→LIVE), Fundamental (EOD 80/20), and Premium (overnight holds, split to 100%). Official rules-page numbers only.
A roster-only roundup of futures firms on PropFirmElite that sell a true skip-evaluation path: Tradeify Lightning, LucidDirect, Elite Trader Funding DTF, Blue Guardian Direct, and Top One Instant/Ignite. Phidias Express-to-Live is still an evaluation. Cost vs eval, who should skip, who should not.
Profit splits range from 50% to 100% depending on the firm, plan, and payout number. Here's how to compare them accurately across firms.
Most futures firms here: no weekend holds. Flatten for the daily break when catalog hours say so. Weekend holding is true only at FundedNext (CFD 24/5, not futures overnight), Blue Guardian Futures, and Phidias.
Head to Phidias to begin.
Official site