Legends Trading Group vs Phidias Propfirm: prop firm rules compared

On Legends Trading Group and Phidias Propfirm's Fundamental and Premium plans the drawdown trails at end of day: the floor is recalculated once, from the closing balance, so open profit given back during the session does not raise it — but equity touching the floor during the session still counts. For example, at Legends Trading Group a $50,000 account starts with its floor at $48,000, $2,000 under the start; at Phidias Propfirm's Fundamental and Premium plans a $50,000 account starts with its floor at $47,500, $2,500 under the start.

Phidias Propfirm's Express to Live plan uses a static drawdown: the floor is set once, the drawdown below the starting balance, and does not move for the whole evaluation. For example, at Phidias Propfirm's Express to Live plan a $50,000 account starts with its floor at $49,350, $650 under the start.

On Phidias Propfirm's Fundamental and Premium plans it keeps trailing for the whole evaluation.

Legends Trading Group and Phidias Propfirm have no daily loss limit, so a losing day is bounded only by the max drawdown.

A consistency rule caps how much of the total profit one day may carry. Legends Trading Group's Apprentice and Straight-to-Master plans cap any single day at 30% of total profit, so it takes at least 4 profitable days to finish inside the rule. One day may then carry at most $900 of a $3,000 target. Phidias Propfirm applies no consistency rule in the evaluation, so one large day can count in full.

Legends Trading Group requires at least 4 trading days on Apprentice and 10 on Straight-to-Master before a pass; Phidias Propfirm requires at least 3 trading days on Fundamental and 1 on Premium before a pass; Phidias Propfirm's Express to Live plan sets no minimum number of days.

Legends Trading Group and Phidias Propfirm differ on 5 of the evaluation rules compared here: drawdown model, consistency rule, max drawdown at $50K, profit target at $50K and minimum trading days. If your trades often run into open profit that you give back before closing them, start with the drawdown: Legends Trading Group trails at end of day, while Phidias Propfirm trails at end of day or holds a static floor, depending on the plan. If one or two large days make up most of your profit, the consistency rule sets how fast you can finish: Legends Trading Group caps one day at 30% of total profit; Phidias Propfirm has no consistency rule. In dollars at $50K, Legends Trading Group asks for $3,000 of profit with $2,000 of drawdown room, Phidias Propfirm for $4,000 with $2,500. To finish in as few sessions as possible, compare the minimum days: Legends Trading Group needs 4 to 10 trading days, depending on the plan, Phidias Propfirm sets no minimum on some plans and up to 3 trading days on others.

Once funded, the profit split is 90/10 at Legends Trading Group and 80/20 (Fundamental, Express) · 75→100% progressive (Premium) at Phidias Propfirm. Payout terms — Legends Trading Group: Up to twice per month; Phidias Propfirm: Fundamental every 10+ days · Premium every 5 days. Legends Trading Group sells 3 plans: Apprentice, Elite and Straight-to-Master; Phidias Propfirm sells 3 plans: Fundamental, Premium and Express to Live. Each plan carries its own version of the rules above, which is why they are listed plan by plan.

Read both rule sets against your own average day, then confirm the current terms on Legends Trading Group's site and Phidias Propfirm's site. PassTraq tracks challenges at both firms using the same rule presets shown here.