Head-to-head comparison · 2026

FundedNext vs Phidias

Side-by-side on the metrics that actually matter: true cost to funded, drawdown type, profit split and payout speed.

FundedNext
Forex / CFD · est. 2022
4.6
$269.99 to funded
Visit
Phidias
Futures · est. 2024
4.5
$164 to funded
Visit
Market
Forex / CFD
Futures
Founded
2022
2024
Total cost to funded
$269.99
Best$164
Eval cost
$269.99
$164
Activation fee
-
-
Pricing model
One-time
One-time
Challenge type
2-Step
1-Step
Drawdown type
Static
EOD
Max profit split
Best95%
90%
First profit
15% reward in challenge phase
80% to 90%
Payout speed
24h guarantee
48h eval-to-payout
Max account
Best$4.0M
$300K
Consistency rule
Varies
30% rule
News trading
Allowed
Allowed
Platforms
MT4cTraderMT5
TradingViewNinjaTrader

Strengths & watch-outs

FundedNext
Strengths
  • 24h payout or $1,000 bonus
  • Scales to $4M
  • Profit share from challenge phase
Watch-outs
  • Many challenge variants
  • Rules differ across products
  • Pricing varies widely
Phidias
Strengths
  • Very fast eval-to-payout
  • Real-time compliance dashboard
  • EOD drawdown
Watch-outs
  • Tighter 30% consistency rule
  • Newer firm (2024)
  • Fewer platforms
🐨 PropKoala verdict

Phidias is cheaper to get funded at $164 total. FundedNext offers a higher max split at 95%. Both use EOD or static drawdown, a plus for both.

This verdict is generated from our verified data. Always check each firm's current terms before purchasing.

Figures are list prices for the 50K account, last updated Sep 2026. Verify all details directly with each firm before purchasing. PropKoala may earn affiliate commissions. Trading involves substantial risk.