FTMO vs Phidias PropFirm -- Cheapest Option

Source review: March 21, 2026

Phidias PropFirm offers better value per dollar of trading capital. At $89 for a $10,000 account, you pay less per $10K of buying power than FTMO's €155 for $10,000. Over 3 attempts, that saves you 198 in fees. This comparison uses the current rule set last reviewed on Mar 21, 2026.

Source: Official FTMO rules (verified 2026-03-21)Source: Official Phidias PropFirm rules (verified 2026-03-21)

Verdict -- Cheapest Option

Recommendation: Phidias PropFirm is the better choice -- cheapest option.

When this context page is actually useful

Use this page if first-attempt cost and repeat-attempt affordability are your starting filter before anything else.

Do not stop at price. A cheaper challenge can still be the more expensive path if the rule model is harder to survive.

Why this slice matters

Cheapest Account Fee helps explain whether the cheaper option is only cheaper on paper or cheaper in practice.

Fee per $10K Capital helps explain whether the cheaper option is only cheaper on paper or cheaper in practice.

Cost of 3 Attempts helps explain whether the cheaper option is only cheaper on paper or cheaper in practice.

Primary source inputs for this slice

This page only isolates the variables most relevant to Cheapest Option. It is built from each firm's currently reviewed rule set, not from affiliate copy or generic comparison text.

Source: FTMO official rules (verified 2026-03-21)Source: Phidias PropFirm official rules (verified 2026-03-21)

If your decision depends on payout timing, trust history, or total market coverage, go back to the full comparison before treating this as the final answer.

	FTMO	Phidias PropFirm
Cheapest Account Fee	€155	$89
Cheapest Account Size	$10,000	$10,000
Fee per $10K Capital	€155	$89
Cost of 3 Attempts	€465	$267
Profit Split (start)	80%	80%
Profit Split (max)	90%	90%
Payout Frequency	Every 14 days	Bi-weekly

Cost Analysis

The sticker price is not the real cost of a prop firm challenge. Most traders need 3-5 attempts to pass, so multiply the fee accordingly. FTMO's cheapest account ($10,000) costs €155 per attempt. Phidias PropFirm's cheapest ($10,000) costs $89.

Cost per dollar of capital is a better metric than raw fee. FTMO charges 155 per $10K of capital. Phidias PropFirm charges 89 per $10K. The firm with the lower ratio gives you more buying power for your money.

Profit splits determine your long-term earnings. FTMO starts at 80% (up to 90%), while Phidias PropFirm starts at 80% (up to 90%). A 10% difference in profit split matters far more than a $50 difference in challenge fees over a year of funded trading.

What To Check Before Choosing

Do not compare the sticker fee alone. Compare fee per $10K capital and the likely cost of 3 attempts.

Profit split does not separate these firms much, so fee efficiency matters more.

If one firm offers a much smaller starter account, that can reduce learning cost even if its fee-per-capital ratio is worse.

Free download

Get the full 20+ firm comparison spreadsheet.

Not sure which firm is right for you?

Answer 5 questions. Get a personalized recommendation based on your trading style, risk tolerance, and budget.

Take the Prop Firm Finder Quiz

Frequently Asked Questions

Which is cheaper, FTMO or Phidias PropFirm?

Phidias PropFirm starts at $89, making it the cheaper option. However, compare the cost per dollar of trading capital: FTMO gives you $10,000 for that fee, while Phidias PropFirm gives you $10,000 for $89.

How much do multiple attempts cost for FTMO vs Phidias PropFirm?

If it takes 3 attempts (industry average), FTMO costs €465 total, while Phidias PropFirm costs $267. At 5 attempts, FTMO costs €775 vs $445 for Phidias PropFirm.

Which firm has the better profit split, FTMO or Phidias PropFirm?

FTMO offers 80-90% profit split. Phidias PropFirm offers 80-90%. Both firms offer the same maximum split. The profit split matters more than fees over time, since you will earn from it every month once funded.

Other Comparisons: FTMO vs Phidias PropFirm