Phidias Propfirm vs Elite Trader Funding: prop firm rules compared

Elite Trader Funding's 1-Step plan trails the drawdown intraday: the floor follows the highest balance the account reaches during the session, open profit included, and never moves back down — a winning trade given back before it is closed still lifts it. For example, at Elite Trader Funding's 1-Step plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.

On Phidias Propfirm's Fundamental and Premium plans and Elite Trader Funding's End of Day plan 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 Elite Trader Funding's End of Day plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.

Phidias Propfirm's Express to Live plan and Elite Trader Funding's Static plan use 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; at Elite Trader Funding's Static plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.

On Elite Trader Funding's 1-Step and End of Day plans 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 hard daily loss limit ends the evaluation: one day that loses that much fails the account. Elite Trader Funding's End of Day plan sets it at $1,100 on $50,000. Phidias Propfirm and Elite Trader Funding's 1-Step and Static plans have no daily loss limit, so a losing day is bounded only by the max drawdown.

Elite Trader Funding 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. Neither Phidias Propfirm nor Elite Trader Funding applies a consistency rule in the evaluation, so one large day can count in full toward the target.

Phidias Propfirm requires at least 3 trading days on Fundamental and 1 on Premium before a pass; Elite Trader Funding requires at least 5 trading days before a pass; Phidias Propfirm's Express to Live plan sets no minimum number of days.

On automated trading — a strategy or bot sending the orders — Phidias Propfirm has no written answer on record; at Elite Trader Funding it is not allowed in the evaluation or on a funded account. Written answers: Elite Trader Funding (read Oct 21, 2026).

Phidias Propfirm and Elite Trader Funding differ on 6 of the evaluation rules compared here: drawdown model, trailing floor, daily loss limit, 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 Elite Trader Funding trails intraday or at end of day or holds a static floor, depending on the plan. If you keep trading after a losing morning, look at what the daily loss limit does: Phidias Propfirm has no daily loss limit; Elite Trader Funding fails the account 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, Elite Trader Funding 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, Elite Trader Funding needs at least 5 trading days.

Once funded, the profit split is 80/20 (Fundamental, Express) · 75→100% progressive (Premium) at Phidias Propfirm and 100% of sim profits up to $25K at Elite Trader Funding. Payout terms — Phidias Propfirm: Fundamental every 10+ days · Premium every 5 days; Elite Trader Funding: Approved daily, paid in Monday / Wednesday batches. Phidias Propfirm sells 3 plans: Fundamental, Premium and Express to Live; Elite Trader Funding sells 3 plans: 1-Step, End of Day and Static. Each plan carries its own version of the rules above, which is why they are listed plan by plan. If a strategy or bot will send your orders, Phidias Propfirm has no written answer on record, and Elite Trader Funding's written answer is not allowed in the evaluation or on a funded account.

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