Phidias PropFirm vs MyFundedFutures
MyFundedFutures and Phidias PropFirm both offer funded futures trading accounts with identical 80% profit splits and daily payouts, but differ significantly in their risk management approaches. The key distinction lies in drawdown calculation methods: MyFundedFutures uses trailing intraday drawdown based on peak equity, while Phidias PropFirm employs end-of-day static trailing drawdown that only adjusts the floor at market close. MyFundedFutures allows up to 5 accounts and supports popular platforms like NinjaTrader and Tradovate, whereas Phidias PropFirm limits traders to 3 accounts but offers a broader platform selection including Sierra Chart and Bookmap. Both firms eliminate common restrictions found elsewhere by having no daily loss limits, consistency rules, or profit targets.
Key Differences
- •Drawdown calculation: MyFundedFutures uses real-time intraday trailing vs Phidias PropFirm's end-of-day adjustment
- •Maximum accounts: MyFundedFutures allows 5 funded accounts vs Phidias PropFirm's limit of 3
- •Platform options: Phidias PropFirm offers Sierra Chart and Bookmap while MyFundedFutures provides Tradovate and Rithmic
- •Account sizes: Phidias PropFirm offers a smaller $25,000 entry level account that MyFundedFutures doesn't provide
MyFundedFutures suits active intraday traders who want more account flexibility with up to 5 funded accounts and prefer the Tradovate or Rithmic platforms. The trailing intraday drawdown system works well for traders who maintain disciplined risk management and want their drawdown floor to adjust in real-time as profits accumulate.
Phidias PropFirm is ideal for swing traders and those who prefer end-of-day drawdown calculations that aren't affected by intraday equity swings. Traders who use Sierra Chart, Quantower, or Bookmap will find better platform compatibility here, plus the lower entry point of $25,000 accounts makes it accessible for smaller-scale futures traders.