Phidias Propfirm 

Phidias is a newer firm in the space but should not be ignored. Payouts are handled in less than 24 hours through rise. I was given LIVE BROKERAGE credentials in less than 48 hours after becoming eligible. Advanced support questions were handled with similar speed.

Keep in mind this is a European firm, support is based in Europe so responses and payouts are limited to that time zone **Generally**.

But Phidias has its faults. While participating in the 10k competition and growing my balance to a top 3 position, my account disappeared from my dashboard and the leaderboard. Then, after placing a trade on the account, I lost access to the credentials and was unable to manage the trade, with 200 points on NQ running unrealized before reversing. Assumedly my competitors faced similar login issues, but this is unclear. It is disappointing that I paid for a fair playing field, and am experiencing setbacks every day. This trade and position size would have put me in first for the time being, which is interesting as to why I was unable to close it until it is now a loss.

Shoutout Lucas for his help

As a new customer at Phidias, I am shocked at how well everything is set up and efficient. I was able to complete and receive payments for work done through their 25k static and 100k fundamental accounts and also have a live account setup through Phidias.
Everything was extremely straightforward and easy to understand. My experience has been surprisingly positive in all aspects as a standard customer
Thank you! Highly recommend Phidias Prop Firm !!

Phidias Propfirm offers efficient systems for traders.

I have been a client of Phidias since December, and everything was going well—until this payout window. I submitted my withdrawal request, and just a few hours later, I received an email stating that all my accounts were closed. This included my 5PA accounts and the 20Evaluation accounts I had just purchased.

The reason? Simply because I am Romanian.

I reached out via email for clarification, and their response was shocking. They told me it didn’t matter that Iam resident in Italy for over 25 years. No request for additional documents, no further verification—just an outright closure instead of the five payouts I was expecting.

I have attached their email response for reference. I am speechless. You can interpret this as you wish, but if you are Romanian, think twice before trusting this firm.

On March 20, 2025 at 4:08:25 PM UTC, wrote:
Hello team,
It's hard to me to understand why you closed my account because I'm Romanian.
I'm living in Italy. You have my proof off address. You already paid me befor with no problems.I really don't get it.
Can you have a look and let me know what I can do please
Regards

On Fri, 21 Mar 2025, 10:39 Support, support@phidiaspropfirm> wrote:
Hello Gheorghe,

I understand your frustration and I'm here to help clarify the situation.

As part of our company policy, we are unable to provide services to individuals from Romania. This is a rule we must adhere to, regardless of your current residence or previous transactions. I apologize for any inconvenience this may have caused.

Best regards,
Bien cordialement,
Phidias Propfirm Limited

Edit:
I don't get it. Which part if I'm living in Italy from 1996 is not clear???
So you have a problem with Romanians not with Romania...racist
I hope someone can see this and do something. It's unbelievable..2025,waw

I am quite new to Phidias so I haven't passed any challenges yet, however, what I do find extremely important is the 'support team' of a company. I have had a couple of issues to which the support team replied fast. They were polite and patient and didn't stop until the problem was solved.

Bad support, they don't answer your questions and if they do it takes so long time for them to answer about your problem. They don't give a clear instructions. I had not good experience.

I was funded with a 25k static cash account. I traded CPI, was instant in profit with 2k and 0 drawdown, but phidias closed my account. I took the same exact trade with topstep without any problems.
Phidias support told me, that I violated their drawdown, but I have video and image proof, that's not true. So either their spread is terrible or they scam people. Either way it's not a prop firm I like to continue with.

This is my 5th payment from the prop firm and the 1st from Phidias, so I'm able to compare. THE fastest one, THE smoothest one.

I feel compelled to share my terrible experience with Phidias Prop Firm to warn other traders. On February 20, 2025, I submitted a payout request for 17 CASH accounts, each valued at $2,000, totaling $34,000 USD. This was a legitimate payout following all the rules outlined by the firm.

I had been trading these accounts for three months — from inception to payout — carefully passing the evaluations without any issues. During this entire time, I received zero communication from Phidias indicating that I was in violation of any rules or that my trading activity was under any sort of scrutiny.

However, just 6-8 hours after submitting my payout request, when I tried to check the status, I discovered that I was completely locked out of the platform. My Rithmic account was blocked, and I had no access to my accounts or payout details.

I immediately reached out to their support on Discord, only to receive a canned, copy-paste response from "Flo│Staff Phidias":

“After a thorough analysis of your activity on our platform, we have identified practices that exploit a flaw in Rithmic’s simulated environment, thus distorting the results of the evaluations. It is clear that these practices do not respect the ethics and standards expected within Phidias PropFirm. As a result, we have taken the decision to permanently ban your account and cancel your access to our services. This decision is irrevocable.”

This message was clearly a copy-paste reply, previously sent by @Tony | Staff Phidias, so I asked for more clarification on the alleged violation. In response, I received this blunt message from "Flo│Staff Phidias":

“Everything has been said. You are using a technique designed to exploit and abuse the simulated environment. The decision made by the risk management team is final and cannot be changed. Therefore, you are no longer part of Phidias PropFirm.”

I have screenshots of the entire conversation to back up everything I’m saying here.

“Exploit a flaw in Rithmic's simulated environment”? Are you kidding me? I trade NQ — and I was not aware that NQ had an "exploit flaw in Rithmic’s simulated environment". I enter trades five minutes after the open — and that’s only if I even get a valid signal to enter. There’s no exploiting going on here, just straightforward trading following my strategy.

This was the first time I was ever made aware of any so-called "flaws" or violations. No warning, no chance to discuss, just a permanent ban and zero payout. Convenient timing, right?

What’s worse is that their "explanation" is vague and feels like an easy excuse to avoid paying out legitimate profits. If there’s a known flaw in Rithmic’s system, why is Phidias still using it for their evaluations? Why is Rithmic not addressing it? Oh yeah, because it does not exist. It feels like a trap designed to disqualify traders the moment they’re owed substantial payouts.

And here’s the real kicker — if Phidias genuinely believed there was a flaw in Rithmic’s system that traders could exploit, why are they still using it for their evaluations? Why not switch to a more "secure" platform or at least disclose this so-called flaw to traders? The answer is simple: because it’s easier to use this imaginary excuse to deny payouts when it suits them.

Phidias Prop Firm clearly does NOT value transparency or fairness. Instead of honoring their commitment, they pulled the plug when it was time to pay up. This is not just bad business — it’s straight-up fraudulent behavior.

To fellow traders: Stay FAR away from Phidias Prop Firm. If they can do this to me over $34,000 after months of trading and passing their evaluations, they can do it to anyone. There are far more reputable prop firms out there that don’t play games when it comes to paying their traders.

Phidias, do better. Or better yet, get out of this industry.

it is a scam of the worst sort. when they realise you are a profitable trader and after paying all the fees they just switch off your datafeed. and claim the problem on your side. they comme up any time they like with new rules

Overall great experience with Phidias. Payout was very quick, withing 6 hours it was in the bank account, no questions, no issues. Some have expressed concern about DCA rules but I had no issues, of course I was not DCAing infinitely but being allowed to add 1-2 more contracts at a better price (specially if you're a Micro trader) should be no issue if you are a serious trader.

Au top ! Support réactif, site simple mais fonctionnel, payout extrêmement rapides ! :)

Received my payout within 24 hours of requesting. Smooth experience overall. Thank you Phidias!

The staff was helpful and prompt in answering my questions. Even tho the firm recently changed their prop rules, they were still flexible and able to accommadate one of requests for future billing - essentially saved me money on recurring fees which is always nice. Thank you!

I never received a cent. An insightful story about Phidias’ approach with profitable traders.

I write this message to you affiliates and leaders of communities, who have a responsibility towards your communities and followers. One thing Phidias are doing well is they are building trust with small traders by having a reactive customer support. All the leaders of communities I know however select prop firms based on whether they pay traders or not. Please email me at scamphidias at gmail.com and I will provide the proof of my experience so that you can make an informed decision.

Here is the chronology of what happened to me.

On 11 December, I had 20 CASH accounts and a total profit of 170k$. On that day I received an email to let me know I was going to be “transitioned” to a live account, and shortly afterwards my accounts were frozen.

On 17 December, we had a call to discuss the conditions of the live account. They said max drawdown would be 10k$. I replied they could even remove that 10k$ drawdown and take zero risk, since part of the balance of my CASH accounts would be used as margin. This is when Julien told me the balance actually resets at 0 in the live account. You can imagine my surprise. All traders expect prop firms to transfer the sim profits to the live accounts, and all other prop firms do. I said it must be a joke. This is when Julien said “It is not a joke, sim profits are not real money, they are made for you to prove that you have the skills to get funded”. In other words, I paid over 10k$ in fees, I passed 35 evaluations and made 170k$ in my CASH accounts, only to receive a proposal to receive zero profit and lose the 10k$. Had I deposited the 10k$ onto a reputable broker, I would have made about 20k$ in profit with the trades I entered in my Phidias accounts. Yet they propose to give me a margin of less than the fees I paid, and charge 20% of my future profits…

If like me you selected Phidias because of the 1M account, I am sorry to be the bearer of bad news. If you are profitable they will not allow you to trade that account as their counterparty. Instead you will be provided a very small live account. The 1M account is a marketing tool to attract unsuspecting customers.

Anyway lets get back to the chronology.

On 17 December, after our call Phidias confirm they will get back to me ASAP with 2 options for the live account.

On 20 December I make a request for withdrawals of 2,500$ per eligible account.

On 2 January, I email to notify them of their default to pay, and of their default to provide either sim accounts or live accounts since 11 December despite my fees having been paid in full.

I receive no reply to any of my emails, nor the promised live proposal.

On 8 January I receive an email stating they are disappointed not to have heard back from me on their proposal to transition to a live account. The email also states I shared confidential information which is why they end our relationship. I reply straight away to ask for details of what confidential information I shared, advising that in the event they do not reply I will have to acknowledge their intention was to scam. No reply.

I do not know whether they do not want to pay us profitable traders, or if they simply cannot afford it, but either way the result is the same and there cannot be any bigger red flag. During our call on 17 December they had already shown they never had any intention to pay me at any point. Since they do not provide any significant capital to their live traders, they might actually have less funds than you and me. Quite ironic.

I happen to have significant experience in legal proceedings in the UK and even though this case is too small to start proceedings, feel free to contact me via email if you have had a similar experience and we can assess whether action can be taken as a group.

Trading in itself is hard enough, we traders do not deserve these experiences, and you deserve to know who you are dealing with. Good luck to all

SCAM! Do not trade with them
I got my accounts cancelled for no reason
Please do yourself a favor and trade with others prop firms...

Nothing bad to say

Pure SCAM, you will never get any money from PHIDIAS. Positive comments are mostly fake. At the first payout they will accuse you of DCA or other rule violations and you will never get a payout. My first payout was denied. I am not stupid, I can read trading rules and I know what DCA is. Every day there was one trade on my account, without a buy-in, so where is the DCA. Here in the comments about this company I found out that it is their common practice - to accuse of DCA so that they have a reason not to pay a payout. They are liars.