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Updated 2026-03-08
Apex Trader Funding vs Phidias PropFirm: Which Prop Firm Is Better?
Traders choosing between Apex Trader Funding and Phidias PropFirm face a decision between an established firm with generous profit splits versus a newer company offering more trading flexibility. The most significant differences lie in payout structures—Apex offers 100% profit splits while Phidias provides daily payouts at 80%—and time constraints, with Phidias removing Phase 1 time limits entirely. This comparison examines their challenge requirements, payout policies, trading rules, and overall value proposition to help you determine which firm aligns with your trading style and goals.
AT
Apex Trader Funding
Est. 2021 · Austin, USA
4.4
18,000 reviews
VS
2 wins
6 ties
3 wins
PP
Phidias PropFirm
Est. 2023 · N/A
4.3
500 reviews
Feature
Apex Trader Funding
Phidias PropFirm
Challenge Price ($100K)
N/A
$273
Phase 1 Profit Target
6%
N/A
Max Total Loss
4%
N/A
Min Trading Days
1 days✓ More flexible
3 days
Time Limit (Phase 1)
30 days
No limit✓ No time limit
Payout Split
100%✓ Higher profit split
80%
Payout Frequency
every 5 trading days
daily✓ Faster payouts
Platforms
NinjaTrader, Rithmic, Tradovate, Wealthcharts
Sierra Chart, Quantower, Bookmap, NinjaTrader
Apex Trader Funding
Pros
+One day minimum to pass evaluation with simple rules
+100% profit split - no revenue sharing with the firm
+Fast payouts every 5 trading days with no payout denials
+One-time fees with no recurring billing or subscription costs
+Up to 20 accounts allowed per trader with built-in scaling
Cons
−Futures trading only - no forex or stock options available
−50% consistency rule limits profit concentration from best trading days
−No reset options available on evaluation accounts
−Maximum 6 payout requests allowed per account
−Account expires after 30 days of inactivity
Phidias PropFirm
Pros
+Specializes exclusively in futures trading with access to CME Group markets
+Copy trading allowed across up to 15 funded accounts for scaling strategies
+Swing trading permitted with overnight and overweek position holding
+Fast funding path - can be funded in just 3 days with live access after 3 payouts
+Daily payouts available on live accounts with no restrictions or limits
Cons
−Limited to futures only - no forex, stocks, or other asset classes
−Relatively new firm established in 2023 with shorter track record
−Higher monthly subscription fees compared to one-time payment options
−Limited account size options compared to other prop firms
Our Verdict
Which Should You Choose?
Apex Trader Funding suits traders who prioritize maximum profit retention and established credibility. With 100% profit splits and over 18,000 Trustpilot reviews since 2021, it offers the best deal for consistently profitable traders who can meet the 30-day Phase 1 deadline. The firm's track record and Austin-based operations provide additional peace of mind for risk-conscious traders.
Phidias PropFirm better serves news traders, part-time traders, and those needing maximum flexibility. Its unlimited Phase 1 timeframe eliminates pressure for traders balancing other commitments, while daily payouts provide faster access to profits despite the 80% split. The explicit allowance of news trading opens strategies unavailable at Apex. For traders who value flexibility over maximum profit percentages, Phidias offers a more accommodating structure despite its shorter operating history.
Choose Apex Trader Funding if:
→One day minimum to pass evaluation with simple rules
→100% profit split - no revenue sharing with the firm
→Fast payouts every 5 trading days with no payout denials
→One-time fees with no recurring billing or subscription costs
Choose Phidias PropFirm if:
→Specializes exclusively in futures trading with access to CME Group markets
→Copy trading allowed across up to 15 funded accounts for scaling strategies
→Swing trading permitted with overnight and overweek position holding
→Fast funding path - can be funded in just 3 days with live access after 3 payouts
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.