Phidias Propfirm vs Elite Trader Funding: prop firm rules compared

At the $50,000 account size, Phidias Propfirm's evaluation allows a $2,500 max drawdown (end-of-day trailing) against Elite Trader Funding's $2,000 (intraday trailing, locks at breakeven), with profit targets of $4,000 and $3,000 respectively. Phidias Propfirm allows the larger drawdown at that size. Neither firm applies a consistency rule. Payouts are fundamental every 10+ days · premium every 5 days at Phidias Propfirm and approved daily, paid in monday / wednesday batches at Elite Trader Funding.

Rule (evaluation phase)
PHPhidias PropfirmFundamental model
ETElite Trader Funding1-Step (Live Trailing) model
$50,000 account
Profit target$4,000$3,000
Daily loss limitNoneNone
Max drawdown$2,500$2,000
$100,000 account
Profit target$6,000$6,000
Daily loss limitNoneNone
Max drawdown$3,000$3,000
$150,000 account
Profit target$9,000not verified — check the firm's site
Daily loss limitNonenot verified — check the firm's site
Max drawdown$4,500not verified — check the firm's site
Firm-wide
Drawdown modelEnd-of-day trailingIntraday trailing, locks at breakeven
Consistency ruleNoneNone
Minimum trading days3 trading days5 trading days
Profit split80/20 (Fundamental, Express) · 75→100% progressive (Premium)100% of sim profits up to $25K
Payout frequencyFundamental every 10+ days · Premium every 5 daysApproved daily, paid in Monday / Wednesday batches
Account sizes offered$50,000 · $100,000 · $150,000$50,000 · $100,000 · $150,000
Rules confidenceRules verifiedRules verified

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

Elite Trader Funding figures are for the 1-Step (Live Trailing) model; it also sells: End of Day, 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 Phidias Propfirm's site and Elite Trader Funding'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.