Head-to-head comparison · 2026
Phidias vs TradeDay
Side-by-side on the metrics that actually matter: true cost to funded, drawdown type, profit split and payout speed.
Quick verdict
- TradeDay is $449 cheaper to get funded on a 50K account ($131 vs $580, activation fees included).
- TradeDay bills monthly, so its cost goes up for every extra month it takes you to pass. Phidias is a one-time fee.
- Phidias uses end-of-day drawdown, which is more forgiving than TradeDay's intraday trailing drawdown. Open profit that you give back doesn't count against you.
- Phidias allows trading during news. TradeDay restricts it.
Market
Futures
Futures
Founded
2024
2020
Total cost to funded
$580
Best$131
Eval cost
$580
$131
Activation fee
-
-
Pricing model
One-time
Monthly sub
Challenge type
1-Step
1-Step
Drawdown type
EOD
Trailing
Max profit split
90%
90%
First profit
80% to 90%
50/50 under $4K profit, 80/20 above, 90/10 live
Payout speed
30 min average
After 1 day, $250 minimum
Max account
Best$300K
$150K
Consistency rule
None
30% eval, none funded
News trading
Allowed
Restricted
Platforms
TradingViewNinjaTrader
TradovateNinjaTraderJigsaw DayTradrTradingView
Strengths & watch-outs
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)
TradeDay
Strengths
- No activation fee, cheap $59 resets
- No consistency rule or payout buffer once funded
- Payouts after just 1 day, 90/10 split in Funded Live
Watch-outs
- Only 50/50 split on your first $4K of profit
- Intraday trailing drawdown ($2,000)
- 30% consistency rule and 5 minimum days on the evaluation
🐨 Which should you choose?
Choose Phidias if you want a more forgiving drawdown, news trading and more room to scale up.
Choose TradeDay if you want the lower cost to get funded.
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.