Phidias Propfirm vs Alpha Futures: prop firm rules compared

On Phidias Propfirm's Fundamental and Premium plans and Alpha Futures 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 Phidias Propfirm's Fundamental and Premium plans a $50,000 account starts with its floor at $47,500, $2,500 under the start; at Alpha Futures a $50,000 account starts with its floor at $48,000, $2,000 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 Alpha Futures the trailing floor stops rising once it reaches breakeven and stays there. On Phidias Propfirm's Fundamental and Premium plans it keeps trailing for the whole evaluation.

A soft daily loss limit pauses the day instead of failing the account: reach it and open positions are flattened, trading stops until the next session, and the account stays open. Alpha Futures' Zero plan sets it at $1,000 on $50,000. Phidias Propfirm and Alpha Futures' Standard and Advanced plans have no daily loss limit, so a losing day is bounded only by the max drawdown.

Alpha Futures starts the trading day at 6:00 PM ET (5:00 PM CT); a daily loss limit counts from that reset, not from midnight.

A consistency rule caps how much of the total profit one day may carry. Alpha Futures' Standard plan caps any single day at 50% of total profit, so it takes at least 2 profitable days to finish inside the rule. One day may then carry at most $1,500 of a $3,000 target. Alpha Futures' Advanced plan caps any single day at 40% of total profit, so it takes at least 3 profitable days to finish inside the rule. One day may then carry at most $1,600 of a $4,000 target. Phidias Propfirm and Alpha Futures' Zero plan apply no consistency rule in the evaluation, so one large day can count in full.

Phidias Propfirm requires at least 3 trading days on Fundamental and 1 on Premium before a pass; Alpha Futures requires at least 1 trading day on Zero, 2 on Standard and 3 on Advanced before a pass; Phidias Propfirm's Express to Live plan sets no minimum number of days.

Phidias Propfirm and Alpha Futures differ on 7 of the evaluation rules compared here: drawdown model, trailing floor, daily loss limit, 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: Phidias Propfirm trails at end of day or holds a static floor, depending on the plan, while Alpha Futures trails at end of day. If one or two large days make up most of your profit, the consistency rule sets how fast you can finish: Phidias Propfirm has no consistency rule; Alpha Futures caps one day at 40–50% of total profit on some plans and has no cap on others. If you keep trading after a losing morning, look at what the daily loss limit does: Phidias Propfirm has no daily loss limit; Alpha Futures pauses the day at its daily loss limit on some plans and has no limit on others. In dollars at $50K, Phidias Propfirm asks for $4,000 of profit with $2,500 of drawdown room, Alpha Futures for $3,000 with $2,000. To finish in as few sessions as possible, compare the minimum days: Phidias Propfirm sets no minimum on some plans and up to 3 trading days on others, Alpha Futures needs 1 to 3 trading days, depending on the plan.

Once funded, the profit split is 80/20 (Fundamental, Express) · 75→100% progressive (Premium) at Phidias Propfirm and 90/10 at Alpha Futures. Payout terms — Phidias Propfirm: Fundamental every 10+ days · Premium every 5 days; Alpha Futures: Up to 4 requests/month after 5 winning days of $200+. Phidias Propfirm sells 3 plans: Fundamental, Premium and Express to Live; Alpha Futures sells 3 plans: Zero, Standard and Advanced. 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 Phidias Propfirm's site and Alpha Futures' site. PassTraq tracks challenges at both firms using the same rule presets shown here.