Head-to-head comparison · 2026
Alpha Futures vs Phidias
Side-by-side on the metrics that actually matter: true cost to funded, drawdown type, profit split and payout speed.
Quick verdict
- Alpha Futures is $451 cheaper to get funded on a 50K account ($129 vs $580, activation fees included).
- Alpha Futures bills monthly, so its cost goes up for every extra month it takes you to pass. Phidias is a one-time fee.
- Both use end-of-day drawdown.
- Alpha Futures has a consistency rule on the funded account, which can hold up payouts after a big day. Phidias doesn't. Rule: 50% eval, 40% funded.
- Phidias pays out faster (30 min average vs after 5 trading days).
Market
Futures
Futures
Founded
2024
2024
Total cost to funded
Best$129
$580
Eval cost
$129
$580
Activation fee
-
-
Pricing model
Monthly sub
One-time
Challenge type
1-Step
1-Step
Drawdown type
EOD
EOD
Max profit split
90%
90%
First profit
Max $3,000 per payout (Standard)
80% to 90%
Payout speed
After 5 trading days
30 min average
Max account
Best$450K
$300K
Consistency rule
50% eval, 40% funded
None
News trading
Allowed
Allowed
Platforms
TradingViewWealthChartsAlphaTraderQuantower
TradingViewNinjaTrader
Strengths & watch-outs
Alpha Futures
Strengths
- Highly rated on Trustpilot
- No daily loss limit on the evaluation
- Monthly fee stops once you are qualified
Watch-outs
- 50% consistency rule on the evaluation, 40% once qualified
- $1,000 daily loss guard on the qualified account
- 5 trading days minimum before a payout, max $3,000 per payout
Phidias
Strengths
- No consistency rule, news trading allowed
- One payment, activation fee included
- Fast payouts, 30 minute average
Watch-outs
- High $580 list price, only good value with a code
- Higher $4,000 profit target, minimum 3 days to pass
- EOD trailing drawdown ($2,500)
🐨 Which should you choose?
Choose Alpha Futures if you want the lower cost to get funded and more room to scale up.
Choose Phidias if you want no consistency rule on payouts and faster payouts.
Written from our verified data for a 50K account, or the closest size a firm offers. Always check each firm's current terms before buying.
Figures are list prices for the 50K account (or the closest size a firm offers). Verify all details directly with each firm before purchasing. PropKoala may earn affiliate commissions. Trading involves substantial risk.