Earn2Trade vs Phidias: prop firm rules compared

At the $50,000 account size, Earn2Trade's evaluation allows a $2,000 max drawdown (end-of-day trailing) against Phidias' $2,500 (end-of-day trailing), with profit targets of $3,000 and $4,000 respectively. Phidias allows the larger drawdown at that size. Earn2Trade applies a consistency rule (max 30% of total profit from one day); Phidias does not. Payouts are bi-weekly at Earn2Trade and on demand at Phidias.

Rule (evaluation phase)
E2Earn2TradeGauntlet Mini model
PHPhidiasFundamental model
$50,000 account
Profit target$3,000$4,000
Daily loss limit$1,100None
Max drawdown$2,000$2,500
$100,000 account
Profit targetnot verified — check the firm's site$6,000
Daily loss limitnot verified — check the firm's siteNone
Max drawdownnot verified — check the firm's site$3,000
$150,000 account
Profit targetnot verified — check the firm's site$9,000
Daily loss limitnot verified — check the firm's siteNone
Max drawdownnot verified — check the firm's site$4,500
Firm-wide
Drawdown modelEnd-of-day trailingEnd-of-day trailing
Consistency ruleMax 30% of total profit from one dayNone
Minimum trading days10 trading daysNone
Profit split80/2080/20
Payout frequencyBi-weeklyOn demand
Account sizes offered$50,000 · $100,000 · $150,000 · $200,000$50,000 · $100,000 · $150,000
Rules confidenceRules verifiedRules verified

Earn2Trade figures are for the Gauntlet Mini model; it also sells: Trader Career Path.

Phidias figures are for the Fundamental model; it also sells: Premium (Swing), 25K 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 Earn2Trade's site and Phidias'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.