Phidias Propfirm drawdown rules
When the loss limit rises, what it is measured against, where it stops rising and what a payout does to it, in the firm’s own words.
What makes the loss limit rise · phase 1, funded
Our reading
It does not move at all
“Every E2L account uses a fixed static drawdown (never trails)”rules page · phidiaspropfirm.com/rules · 2026-09-13 · saved copy
Plans: Express to Live
What the limit is measured against · phase 1
Our reading
Live equity, open trades included
“Liquidation formula: Liquidation Threshold = Initial Capital − Static Drawdown. The account is liquidated if the balance reaches or falls below this threshold. The static drawdown never trails.”rules page · phidiaspropfirm.com/rules · 2026-09-13 · saved copy
Plans: Express to Live
Total loss allowed · phase 1
Our reading
2%
“E2L 25K — Capital $25,000 E2L 25K — Static Drawdown $500”rules page · phidiaspropfirm.com/rules · 2026-09-13 · saved copy
Plans: Express to Live
Daily limit · phase 1
“E2L accounts have no profit consistency rule and no daily loss limit.”rules page · phidiaspropfirm.com/rules · 2026-09-13 · saved copy
Plans: Express to Live
What makes the loss limit rise · phase 1, funded
Our reading
It rises with the day's closing balance
“Trailing end of day involves automatically adjusting the daily stop-loss level as your capital moves upward. The daily stop-loss level is adjusted at the end of each trading session”rules page · phidiaspropfirm.com/rules · 2026-09-13 · saved copy
Plans: Fundamental, Premium
What the limit is measured against · phase 1, funded
Our reading
The day's closing figure
“Your authorized drawdown is calculated at the end of each trading day, and this calculation does not change during the day.”rules page · phidiaspropfirm.com/rules · 2026-09-13 · saved copy
Plans: Fundamental, Premium
Where the limit stops rising
Our reading
Somewhere above your starting balance
“On funded accounts: Your EOD Drawdown stops at $50,100 for a 50K account and at $100,100 for a 100K account.”rules page · phidiaspropfirm.com/rules · 2026-09-13 · saved copy
Plans: Fundamental, Premium
Total loss allowed · phase 1
Our reading
5%
“Fundamental 50K — Capital $50,000 Fundamental 50K — EOD Trailing Drawdown $2,500”rules page · phidiaspropfirm.com/rules · 2026-09-13 · saved copy
Plans: Fundamental
Total loss allowed · phase 1
Our reading
5%
“Premium 50K — Capital $50,000 Premium 50K — EOD Trailing Drawdown $2,500”rules page · phidiaspropfirm.com/rules · 2026-09-13 · saved copy
Plans: Premium
See Phidias Propfirm’s full page →Phidias Propfirm payout rules →
This is what the firm publishes, not our opinion. When a firm changes a sentence we see it, and the date moves.