How to Set Up cTrader for Phidias PropFirm
Connect cTrader to your Phidias PropFirm account and configure the platform for Phidias PropFirm's static (floor never moves) rules. This guide covers connection, verification, and recommended risk settings.
This page is for traders who already chose Phidias PropFirm and need to translate the firm's rule model into a safer cTrader workspace.
It matters most if you use templates, alerts, ATM strategies, or copied chart layouts that could accidentally ignore Phidias PropFirm's static (floor never moves) and daily-loss logic.
- --Confirm the account balance and server connection match the firm dashboard before assuming the platform is configured correctly.
- --Check that your default size, flattening rules, and alerts respect Phidias PropFirm's daily loss and holding restrictions.
- --Re-check the live rule page on the same day you trade, because platform setup can stay correct while the firm changes a policy window or restriction.
Create your Phidias PropFirm account
Sign up at https://phidiaspropfirm.com and purchase your evaluation. You will receive login credentials and a data feed connection string via email.
Download and install cTrader
Download cTrader from the official website. Run the installer and follow the setup wizard.
Add the data feed connection
Open cTrader and navigate to Connections or Data Feed settings. Add a new connection using the server address, username, and password from Phidias PropFirm.
Log in and verify
Connect to the data feed and verify market data is streaming. Check that your account balance matches your Phidias PropFirm dashboard.
Configure risk settings
Set position size defaults, max order quantity, and any ATM strategies to prevent accidental oversizing that could breach Phidias PropFirm rules.
- --Set a daily loss alert at 2.4% (80% of Phidias PropFirm's 3% limit) so you stop trading before the hard cap.
- --Phidias PropFirm uses static drawdown. Your floor stays fixed at opening balance minus 6%. Set daily risk to stay well above that floor.
- --Save your workspace template after configuring so you can restore it quickly if settings are lost.
| Drawdown Type | Static (floor never moves) |
| Max Drawdown | 6% |
| Daily Loss Limit | 3% |
| Overnight Holding | Allowed |
| Weekend Holding | Allowed |
| News Trading | allowed |
Check a trade against Phidias PropFirm's rules. Sign in to save results and unlock the full verdict list.