Phidias PropFirm vs For Traders
The main difference between Phidias PropFirm and For Traders is drawdown type: Phidias PropFirm uses static (floor never moves) while For Traders uses static (floor never moves). Phidias PropFirm charges from $89, For Traders from $49. Profit splits: 80-90% vs 75-90%. Updated March 2026.
Phidias PropFirm uses static (floor never moves) with a 3% daily loss limit and 80-90% profit split. For Traders uses static (floor never moves) with a 5% daily loss limit and 75-90% profit split. Phidias PropFirm starts from $89; For Traders from $49.
Both firms use the same drawdown type (static (floor never moves)), so the decision comes down to fees, profit split, trading restrictions, and the markets you trade. Both offer the same maximum profit split of 90%.
| Phidias PropFirm | For Traders | |
|---|---|---|
| Evaluation Type | 1-step | 2-step |
| Drawdown Type | Static (floor never moves) | Static (floor never moves) |
| Daily Loss Limit | 3% | 5% |
| Max Drawdown | 6% | 10% |
| Profit Target | 10% | 10% |
| Min Trading Days | 5 | 5 |
| Profit Split | 80-90% | 75-90% |
| Payout Frequency | Bi-weekly | Monthly |
| News Trading | allowed | allowed |
| Overnight Holding | Yes | Yes |
| Weekend Holding | Yes | Yes |
| EA / Bots | Allowed | Allowed |
| Markets | forex, indices, commodities | forex, indices, commodities |
| Platforms | MT5, cTrader | MT4, MT5 |
| Cheapest Account | $89 ($10,000) | $49 ($5,000) |
Scalping / Day Trading
Both work for day trading.
Swing Trading
Both allow weekend holding — choose based on drawdown type and fees.
Budget-Conscious
For Traders is cheaper to start ($49 vs $89).
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.
For Traders 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.
- +$5K account option — lowest entry barrier
- +Static drawdown
- +Both MT4 and MT5 supported
- +Overnight and weekend holding allowed
For Traders supports MT4, MT5 and processes payouts monthly. 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.
Choosing between Phidias PropFirm and For Traders comes down to three things: the markets you trade, how much drawdown flexibility you need, and your budget. For Traders is cheaper to get started at $49 vs $89.
Both firms use static (floor never moves), so focus on the other differences: daily loss limits (3% vs 5%), profit split (90% vs 90%), and trading restrictions. If you are still undecided, take the firm finder quiz for a personalized recommendation based on your trading style, risk tolerance, and budget.