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Apex Trader Funding vs Phidias PropFirm

Phidias PropFirm logo

Source review:

Source checked Mar 21, 2026 | Primary source: Apex Trader Funding and Phidias PropFirm official rules

KEY FACTS

Apex Trader Funding: Trailing Intraday (floor moves with every tick), 100-90% split, from $147
Phidias PropFirm: Static (floor never moves), 80-90% split, from $89
Daily loss: None vs 3%
Max split: 90% vs 90%
Markets: futures vs forex, indices, commodities

Apex Trader Funding vs Phidias PropFirm: Which Firm Is Better?

Apex Trader Funding uses trailing intraday (floor moves with every tick) with a no daily loss limit and 100-90% profit split. Phidias PropFirm uses static (floor never moves) with a 3% daily loss limit and 80-90% profit split. Apex Trader Funding starts from $147; Phidias PropFirm from $89.

If you want more forgiving drawdown rules, Phidias PropFirm is the better choice. Static drawdown means your profits create genuine breathing room, while Apex Trader Funding's trailing intraday (floor moves with every tick) raises the floor as you profit. Both offer the same maximum profit split of 90%.

How to Choose Between Apex Trader Funding and Phidias PropFirm

1. Start with drawdown type. If one firm uses static and the other does not, that is usually the biggest structural edge for the static-drawdown firm.

2. Check whether your actual market and holding style fit. A cheaper firm is irrelevant if it blocks the products or holding windows your strategy needs.

3. Use profit split and payout frequency as secondary filters after survivability and rule-fit are clear.

Choose Apex Trader Funding if...

  • You need access to futures, which Phidias PropFirm does not offer in this comparison.

Choose Phidias PropFirm if...

  • You want the more forgiving drawdown model, and Phidias PropFirm is the only one here using static drawdown.
  • You need access to forex, indices, commodities, which Apex Trader Funding does not offer in this comparison.
  • You trade around macro events and need a cleaner news-trading policy.
  • You want the cheaper starting path at $89.

Evidence Driving This Comparison

  • Apex Trader Funding uses trailing intraday (floor moves with every tick) while Phidias PropFirm uses static (floor never moves).
  • Apex Trader Funding starts at $147, while Phidias PropFirm starts at $89.
  • Apex Trader Funding pays 100-90% and Phidias PropFirm pays 80-90%.
  • Apex Trader Funding restricts news trading; Phidias PropFirm allows it.
  • Apex Trader Funding does not allow weekend holding; Phidias PropFirm allows weekend holding.

Highlighted differences in the table below are the fields where these two firms diverge most materially for traders.

Apex Trader Funding

Evaluation Type
1-step
Drawdown Type
Trailing Intraday (floor moves with every tick)
Daily Loss Limit
None
Max Drawdown
Fixed $
Profit Target
None
Min Trading Days
7
Profit Split
100-90%
Payout Frequency
Monthly (after first month)
News Trading
restricted
Overnight Holding
No
Weekend Holding
No
EA / Bots
Allowed
Markets
futures
Platforms
NinjaTrader, Tradovate, Rithmic, TradingView
Cheapest Account
$147 ($25,000)

Phidias PropFirm

Evaluation Type
1-step
Drawdown Type
Static (floor never moves)
Daily Loss Limit
3%
Max Drawdown
6%
Profit Target
10%
Min Trading Days
5
Profit Split
80-90%
Payout Frequency
Bi-weekly
News Trading
allowed
Overnight Holding
Yes
Weekend Holding
Yes
EA / Bots
Allowed
Markets
forex, indices, commodities
Platforms
MT5, cTrader
Cheapest Account
$89 ($10,000)

Drawdown Type Comparison: Apex Trader Funding vs Phidias PropFirm

Scalping / Day Trading

Phidias PropFirm allows overnight holding, giving more flexibility. Phidias PropFirm's static drawdown is more forgiving for scalpers.

Swing Trading

Phidias PropFirm is better — allows weekend holding. Apex Trader Funding requires you to flatten before close.

Budget-Conscious

Phidias PropFirm is cheaper to start ($89 vs $147).

Who Should Choose Apex Trader Funding?

Apex Trader Funding is the better fit if you trade futures exclusively. The intraday trailing drawdown demands tight risk management, but rewards disciplined scalpers who rarely give back large unrealized gains.

  • +No daily loss limit in evaluation
  • +100% of first $25K profit, then 90%
  • +Frequent 80-90% off sales — cheapest entry point
  • +Multiple platform options including TradingView

Apex Trader Funding supports NinjaTrader, Tradovate, Rithmic, TradingView and processes payouts monthly (after first month). Automated trading with EAs is permitted.

Community reputation: 4.7/5 on Trustpilot (5,400 reviews)

Who Should Choose Phidias PropFirm?

Phidias PropFirm is the better fit if you focus on forex and CFDs. The static drawdown means every dollar of profit adds to your safety cushion, making it ideal for traders who build equity gradually and want protection from losing streaks.

  • +1-step evaluation — skip the second phase
  • +Static drawdown — floor never moves
  • +cTrader support (rare among Tier 2 firms)
  • +Overnight and weekend holding allowed

Phidias PropFirm supports MT5, cTrader and processes payouts bi-weekly. News trading is fully allowed, so you can trade NFP, FOMC, and CPI without restrictions. Both overnight and weekend holding are permitted, giving swing traders full flexibility. Automated trading with EAs is permitted.

Audit Your Trades Against Apex Trader Funding or Phidias PropFirm Rules

Comparing rules on paper is step one. Step two: check whether your actual trades follow them. Pick either firm below and paste a trade to see which rules you break.

Apex Trader Funding

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Apex Trader Funding
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Phidias PropFirm

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Phidias PropFirm
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Bottom Line: Apex Trader Funding vs Phidias PropFirm

Choosing between Apex Trader Funding and Phidias PropFirm comes down to three things: the markets you trade, how much drawdown flexibility you need, and your budget. If you trade futures, Apex Trader Funding is your only option here. If you trade forex or indices or commodities, go with Phidias PropFirm. Phidias PropFirm is cheaper to get started at $89 vs $147.

The biggest structural difference is drawdown type: Apex Trader Funding uses trailing intraday (floor moves with every tick) while Phidias PropFirm uses static (floor never moves). Static drawdown is objectively more forgiving because profits create a permanent cushion. Trailing drawdown follows your equity peaks, meaning you can lose an account even while net profitable. If you are still undecided, take the firm finder quiz for a personalized recommendation based on your trading style, risk tolerance, and budget.

Markets: Apex Trader Funding vs Phidias PropFirm

Apex Trader Funding offers futures while Phidias PropFirm offers forex, indices, commodities. Only Apex Trader Funding provides futures. Only Phidias PropFirm provides forex, indices, commodities. This is often the deciding factor -- choose the firm that covers the instruments you actually trade.

Trading Rules and Restrictions Comparison

News trading: Apex Trader Funding restricts news trading, while Phidias PropFirm allows it. If you trade NFP/FOMC/CPI, choose Phidias PropFirm.

Consistency rule: Apex Trader Funding enforces "No single day > 30% of total profit". Phidias PropFirm has no consistency rule. Consistency rules penalize traders who earn most profits in a single day.

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Frequently Asked Questions

What is the difference between Apex Trader Funding and Phidias PropFirm?

The main difference between Apex Trader Funding and Phidias PropFirm is drawdown type: Apex Trader Funding uses trailing intraday (floor moves with every tick) while Phidias PropFirm uses static (floor never moves). Apex Trader Funding has a no daily loss limit vs Phidias PropFirm's 3%. Profit splits are 100-90% vs 80-90%.

Is Apex Trader Funding or Phidias PropFirm cheaper?

Phidias PropFirm is cheaper to start. Apex Trader Funding's smallest account costs $147 ($25,000), while Phidias PropFirm starts at $89 ($10,000).

Which is better for beginners, Apex Trader Funding or Phidias PropFirm?

For beginners, Phidias PropFirm may be more forgiving. Phidias PropFirm's static drawdown means profits add extra buffer, which is safer for new traders. Also consider that Apex Trader Funding is a 1-step evaluation while Phidias PropFirm is 1-step.

Does Apex Trader Funding or Phidias PropFirm have a higher profit split?

Both firms offer the same maximum profit split of 90%. Apex Trader Funding ranges from 100% to 90%, while Phidias PropFirm ranges from 80% to 90%.

Can I trade news on Apex Trader Funding and Phidias PropFirm?

Apex Trader Funding restricts news trading, while Phidias PropFirm allows it. Phidias PropFirm is better for news traders.

Which has better drawdown rules, Apex Trader Funding or Phidias PropFirm?

Apex Trader Funding uses trailing intraday (floor moves with every tick) (fixed), while Phidias PropFirm uses static (floor never moves) (6%). Phidias PropFirm's static drawdown is more forgiving since profits create extra buffer.

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