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Phidias 2.0 file

Overnight prop firms: what Premium actually allows

Under Phidias 2.0, Premium allows overnight and weekend holding. E2L and Fundamental remain intraday. Verify that distinction before buying.

Author: LucasPublished July 13, 2026Verified July 13, 2026

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, 2026
Overnight

Premium is the Phidias 2.0 family built for this need

Overnight permission does not remove gap risk, EOD drawdown, or instrument-specific hours. E2L and Fundamental require positions to close before the official cutoff.

2.0 structure

Three families, three risk structures

Summary of Phidias rules published as of July 13, 2026.
CriterionExpress to LiveFundamentalPremium
ReplacesFormer StaticExisting familyFormer Swing
Sizes25K / 50K / 100K / 150K50K / 100K / 150K50K / 100K / 150K
DrawdownStatic, never trailsTrailing, calculated end of dayTrailing, calculated end of day
Minimum evaluation days031
CASH payout cycleFixed bonus then Switch to Live mechanism10 qualifying days5 qualifying days
ConsistencyNone in evaluation or CASHNone in evaluation; best CASH day capped at 30% of total profitNone in evaluation; best CASH day capped at 30% of total profit
Overnight / weekendNoNoYes
Trader share80% on the bonus80 %75%, 80%, 85%, 90%, then 100% from payout five
LIVE transitionRules-based E2L mechanismDiscretionary review, not guaranteedDiscretionary review, not guaranteed

Evaluation and CASH phases are simulated. Any LIVE transition depends on the selected path and the rules in force.

Fundamental and Premium

EOD-account grid

Fundamental

Both families share targets and drawdowns. Premium adds a five-day cycle, overnight holding, and the CASH reset. Fundamental.
SizeTargetDrawdownMinimum PnL for a qualifying dayCap per cycleWithdrawal thresholdCASH reset
50K4,000 USD2,500 USD150 USD2,000 USD52,600 USDNot applicable
100K6,000 USD3,000 USD200 USD2,500 USD103,700 USDNot applicable
150K9,000 USD4,500 USD250 USD2,750 USD154,500 USDNot applicable

Premium

Both families share targets and drawdowns. Premium adds a five-day cycle, overnight holding, and the CASH reset. Premium.
SizeTargetDrawdownMinimum PnL for a qualifying dayCap per cycleWithdrawal thresholdCASH reset
50K4,000 USD2,500 USD150 USD2,000 USD52,600 USD399 USD
100K6,000 USD3,000 USD200 USD2,500 USD103,700 USD499 USD
150K9,000 USD4,500 USD250 USD2,750 USD154,500 USD599 USD
Total cost

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.

one payment per CASH account
CriterionSizesMonthly planOne-time plan
E2L25K / 50K / 100K / 150K83 / 149 / 149 / 169 USD0 USD
Fundamental50K / 100K / 150K149 / 149 / 169 USD0 USD
Premium50K / 100K / 150K149 / 149 / 169 USD0 USD
Watch point

No fixed discount is attributed to code LUCAS without checkout confirmation. Market data, add-ons, taxes, and any resets still need to be checked.

LIVE paths

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.

Method

Decide with a dated checklist

  • Save the rules and checkout on purchase day.
  • Calculate maximum cost, not only entry price.
  • Tie position size to actual drawdown room.
  • Do not infer future outcomes from a testimonial or ranking.
Primary sources

Official documents reviewed

Rules can change. Check the official pages and checkout before making a decision.

Before purchase

Check the cart with code LUCAS

Price, currency, taxes, and code effect can change. Enter LUCAS, then verify the total and the rules of the selected account before paying.

Open checkout and enter LUCASCompare Phidias
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