Apex Trader Funding vs Phidias Propfirm: prop firm rules compared

At the $50,000 account size, Apex Trader Funding's evaluation allows a $2,000 max drawdown (intraday trailing) against Phidias Propfirm's $2,500 (end-of-day trailing), with profit targets of $3,000 and $4,000 respectively. Phidias Propfirm allows the larger drawdown at that size. Neither firm applies a consistency rule. Payouts are up to weekly (max 6 per pa) at Apex Trader Funding and fundamental every 10+ days · premium every 5 days at Phidias Propfirm.

Rule (evaluation phase)
APApex Trader FundingIntraday Trailing model
PHPhidias PropfirmFundamental model
$50,000 account
Profit target$3,000$4,000
Daily loss limitNoneNone
Max drawdown$2,000$2,500
$100,000 account
Profit target$6,000$6,000
Daily loss limitNoneNone
Max drawdown$3,000$3,000
$150,000 account
Profit target$9,000$9,000
Daily loss limitNoneNone
Max drawdown$4,000$4,500
Firm-wide
Drawdown modelIntraday trailingEnd-of-day trailing
Consistency ruleNoneNone
Minimum trading daysNone3 trading days
Profit split100% (PA)80/20 (Fundamental, Express) · 75→100% progressive (Premium)
Payout frequencyUp to weekly (max 6 per PA)Fundamental every 10+ days · Premium every 5 days
Account sizes offered$25,000 · $50,000 · $100,000 · $150,000$50,000 · $100,000 · $150,000
Rules confidenceRules verifiedRules verified

Apex Trader Funding figures are for the Intraday Trailing model; it also sells: End-of-Day Trailing.

Phidias Propfirm figures are for the Fundamental model; it also sells: Premium, Express to Live (static).

Which one should you pick?

It depends on how you trade. A trader who takes a few larger positions is exposed to a consistency rule and an intraday-trailing drawdown very differently from one who scalps small size all session; payout cadence and profit split matter more once you are funded than during the evaluation. Read both rule sets in the table above against your own average day, then confirm the current terms on Apex Trader Funding's site and Phidias Propfirm's site. PassTraq tracks challenges at both firms using the same rule presets shown here.

More comparisons

Rules are sourced from each firm's official help centre and can change without notice — always confirm on the firm's site before buying an evaluation. Where a link is a partner link, it is marked as such.