Head-to-head comparison · 2026
Phidias vs Traders Launch
Side-by-side on the metrics that actually matter: true cost to funded, drawdown type, profit split and payout speed.
Quick verdict
- Traders Launch is $340 cheaper to get funded on a 50K account ($240 vs $580, activation fees included).
- Phidias uses end-of-day drawdown and Traders Launch uses static. Neither trails your open profit during the day.
- Phidias has the higher maximum profit split, 90% against 80%.
- Phidias allows trading during news. Traders Launch restricts it.
Market
Futures
Futures
Founded
2024
-
Total cost to funded
$580
Best$240
Eval cost
$580
$240
Activation fee
-
-
Pricing model
One-time
One-time
Challenge type
1-Step
1-Step
Drawdown type
EOD
Static
Max profit split
Best90%
80%
First profit
80% to 90%
60% on the Early Access 50K, 80% on standard 100K+ accounts
Payout speed
30 min average
From day one, $200 minimum
Max account
$300K
$300K
Consistency rule
None
50% eval only, none funded
News trading
Allowed
Restricted
Platforms
TradingViewNinjaTrader
TradingViewQuantowerVolumetrica
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)
Traders Launch
Strengths
- Static drawdown that never trails
- No activation fee and payouts from day one, no buffer to build
- No consistency rule once funded
Watch-outs
- Tight $1,000 drawdown against a $3,000 target
- 60% split on the 50K and a 50% consistency rule on the evaluation
- 50K is a limited launch drop, standard plans start at 100K
🐨 Which should you choose?
Choose Phidias if you want a higher profit split and news trading.
Choose Traders Launch if you want the lower cost to get funded.
Written from our verified data for a 50K account. Always check each firm's current terms before buying.
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.