Phidias 2.0: the complete guide to the new rules
Phidias 2.0 adds Tradovate, NinjaTrader, and TradingView execution, replaces the former Static and Swing families, and separates two distinct routes to LIVE.
Commercial disclosure
I am a Phidias affiliate and also perform support and community-management work for the firm. This relationship may influence my analysis. Facts therefore link to official rules, while limitations are stated without promising any outcome.
Phidias 2.0
Evaluation and CASH phases are simulated. Any LIVE transition depends on the selected path and the rules in force.
Official data as of July 13, 2026What actually changed
- E2L replaces the former Static family and adds 150K.
- Premium replaces the former Swing family with one minimum day and five-day payout cycles.
- Fundamental remains the intraday EOD path.
- Tradovate, NinjaTrader, and TradingView via Tradovate join Rithmic and DeepCharts.
Five access routes announced with Phidias 2.0
Rithmic and DeepCharts remain available. Tradovate, NinjaTrader, and TradingView execution were added. TradingView routes through Tradovate; it is not a separate connection.
Rithmic
Official data as of July 13, 2026
DeepCharts
Official data as of July 13, 2026
Tradovate
Official data as of July 13, 2026
NinjaTrader
Official data as of July 13, 2026
TradingView
Routed through Tradovate
Three families, three risk structures
| Criterion | Express to Live | Fundamental | Premium |
|---|---|---|---|
| Replaces | Former Static | Existing family | Former Swing |
| Sizes | 25K / 50K / 100K / 150K | 50K / 100K / 150K | 50K / 100K / 150K |
| Drawdown | Static, never trails | Trailing, calculated end of day | Trailing, calculated end of day |
| Minimum evaluation days | 0 | 3 | 1 |
| CASH payout cycle | Fixed bonus then Switch to Live mechanism | 10 qualifying days | 5 qualifying days |
| Consistency | None in evaluation or CASH | None in evaluation; best CASH day capped at 30% of total profit | None in evaluation; best CASH day capped at 30% of total profit |
| Overnight / weekend | No | No | Yes |
| Trader share | 80% on the bonus | 80 % | 75%, 80%, 85%, 90%, then 100% from payout five |
| LIVE transition | Rules-based E2L mechanism | Discretionary review, not guaranteed | Discretionary review, not guaranteed |
Evaluation and CASH phases are simulated. Any LIVE transition depends on the selected path and the rules in force.
Published E2L grid
| Size | Target | Drawdown | Published gross bonus | LIVE credit | Max E-minis | Monthly-plan activation |
|---|---|---|---|---|---|---|
| 25K | 1,500 USD | 500 USD | 1,000 USD | 500 USD | 2 | 83 USD |
| 50K | 2,500 USD | 650 USD | 2,000 USD | 1,000 USD | 5 | 149 USD |
| 100K | 3,500 USD | 800 USD | 3,000 USD | 1,500 USD | 7 | 149 USD |
| 150K | 4,500 USD | 1,000 USD | 4,500 USD | 2,000 USD | 9 | 169 USD |
EOD-account grid
Fundamental
| Size | Target | Drawdown | Minimum PnL for a qualifying day | Cap per cycle | Withdrawal threshold | CASH reset |
|---|---|---|---|---|---|---|
| 50K | 4,000 USD | 2,500 USD | 150 USD | 2,000 USD | 52,600 USD | Not applicable |
| 100K | 6,000 USD | 3,000 USD | 200 USD | 2,500 USD | 103,700 USD | Not applicable |
| 150K | 9,000 USD | 4,500 USD | 250 USD | 2,750 USD | 154,500 USD | Not applicable |
Premium
| Size | Target | Drawdown | Minimum PnL for a qualifying day | Cap per cycle | Withdrawal threshold | CASH reset |
|---|---|---|---|---|---|---|
| 50K | 4,000 USD | 2,500 USD | 150 USD | 2,000 USD | 52,600 USD | 399 USD |
| 100K | 6,000 USD | 3,000 USD | 200 USD | 2,500 USD | 103,700 USD | 499 USD |
| 150K | 9,000 USD | 4,500 USD | 250 USD | 2,750 USD | 154,500 USD | 599 USD |
Two mechanisms that must not be confused
Express to Live
After the evaluation, the trader must reach the target again on the CASH account and use Switch to Live. The rules then provide for the fixed bonus and size-based LIVE credit, subject to compliance.
Fundamental and Premium
Five approved payouts or USD 100,000 in cumulative profit makes the file eligible for review. The final decision belongs to the risk team and is never automatic. E2L activity does not count toward those thresholds.
Published caps
- Up to 5 Fundamental CASH accounts.
- Up to 5 Premium CASH accounts.
- Up to 5 Express to Live CASH or LIVE accounts across all sizes.
- A 150K Fundamental or Premium account uses two slots; a 150K E2L uses one slot.
- Evaluation accounts are listed as unlimited, while anti-abuse rules still apply.
The displayed evaluation price is not the full comparison
Evaluation prices are dynamic. Under a monthly plan, CASH activation is a one-time payment that lasts until the account fails. Under a one-time plan, the official rules currently state no CASH activation fee.
| Criterion | Sizes | Monthly plan | One-time plan |
|---|---|---|---|
| E2L | 25K / 50K / 100K / 150K | 83 / 149 / 149 / 169 USD | 0 USD |
| Fundamental | 50K / 100K / 150K | 149 / 149 / 169 USD | 0 USD |
| Premium | 50K / 100K / 150K | 149 / 149 / 169 USD | 0 USD |
No fixed discount is attributed to code LUCAS without checkout confirmation. Market data, add-ons, taxes, and any resets still need to be checked.
Official documents reviewed
Rules can change. Check the official pages and checkout before making a decision.
- Official Phidias 2.0 presentation, accessed July 13, 2026.
- Official Phidias rules, accessed July 13, 2026.
- Phidias terms of use, accessed July 13, 2026.
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