Phidias vs Alpha Futures: prop firm rules compared
At the $50,000 account size, Phidias' evaluation allows a $2,500 max drawdown (end-of-day trailing) against Alpha Futures' $2,000 (end-of-day trailing, locks at breakeven), with profit targets of $4,000 and $3,000 respectively. Phidias allows the larger drawdown at that size. Neither firm applies a consistency rule. Both pay out on demand.
| Rule (evaluation phase) | PHPhidiasFundamental model | AFAlpha FuturesZero model |
|---|---|---|
| $50,000 account | ||
| Profit target | $4,000 | $3,000 |
| Daily loss limit | None | $1,000 |
| Max drawdown | $2,500 | $2,000 |
| $100,000 account | ||
| Profit target | $6,000 | $6,000 |
| Daily loss limit | None | $2,000 |
| Max drawdown | $3,000 | $3,000 |
| Firm-wide | ||
| Drawdown model | End-of-day trailing | End-of-day trailing, locks at breakeven |
| Consistency rule | None | None |
| Minimum trading days | None | None |
| Profit split | 80/20 | 90/10 |
| Payout frequency | On demand | On demand |
| Account sizes offered | $50,000 · $100,000 · $150,000 | $25,000 · $50,000 · $100,000 |
| Rules confidence | Rules verified | Rules verified |
Phidias figures are for the Fundamental model; it also sells: Premium (Swing), 25K Static.
Alpha Futures figures are for the Zero model; it also sells: Premium, Advanced.
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's site and Alpha Futures'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.