Phidias PropFirm vs Tradeify
Source review:
Phidias PropFirm uses static (floor never moves) drawdown with 80-90% profit split. Tradeify uses trailing eod (floor moves up at end of day) drawdown with 80-90% profit split. Phidias PropFirm starts at $89, Tradeify starts at $150.
KEY FACTS
- Phidias PropFirm: Static (floor never moves), 80-90% split, from $89
- Tradeify: Trailing EOD (floor moves up at end of day), 80-90% split, from $150
- Daily loss: 3% vs 2.5%
- Max split: 90% vs 90%
- Markets: forex, indices, commodities vs futures
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Contribute an AuditFrequently Asked Questions
What is the difference between Phidias PropFirm and Tradeify?
The main difference between Phidias PropFirm and Tradeify is drawdown type: Phidias PropFirm uses static (floor never moves) while Tradeify uses trailing eod (floor moves up at end of day). Phidias PropFirm has a 3% daily loss limit vs Tradeify's 2.5%. Profit splits are 80-90% vs 80-90%.
Is Phidias PropFirm or Tradeify cheaper?
Phidias PropFirm is cheaper to start. Phidias PropFirm's smallest account costs $89 ($10,000), while Tradeify starts at $150 ($50,000).
Which is better for beginners, Phidias PropFirm or Tradeify?
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 Phidias PropFirm is a 1-step evaluation while Tradeify is 1-step.
Does Phidias PropFirm or Tradeify have a higher profit split?
Both firms offer the same maximum profit split of 90%. Phidias PropFirm ranges from 80% to 90%, while Tradeify ranges from 80% to 90%.
Can I trade news on Phidias PropFirm and Tradeify?
Phidias PropFirm allows news trading, while Tradeify allows it. Both firms have the same news trading policy.
Which has better drawdown rules, Phidias PropFirm or Tradeify?
Phidias PropFirm uses static (floor never moves) (6%), while Tradeify uses trailing eod (floor moves up at end of day) (4%). Phidias PropFirm's static drawdown is more forgiving since profits create extra buffer.
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