Phidias PropFirm specializes in futures trading with trader-friendly EOD (End of Day) drawdown calculations. Their evaluation model is designed for swing traders who need flexibility without intraday drawdown pressure.
Phidias PropFirm has carved out a niche in the futures prop trading space with their trader-friendly EOD drawdown model.
What Makes Phidias Different The key differentiator is their End of Day drawdown calculation. Unlike firms that calculate drawdown in real-time, Phidias only checks your drawdown at market close. This gives swing traders and position traders significant flexibility during volatile sessions.
The Verdict Phidias is ideal for futures traders who find real-time trailing drawdown too restrictive. The EOD model allows for normal intraday volatility without triggering violations.
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This simulation applies Phidias PropFirm's specific profit target (8%) and drawdown (5%) rules.