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Updated 2026-03-08
Topstep vs Phidias PropFirm: Which Prop Firm Is Better?
Traders choosing between Topstep and Phidias PropFirm face a decision between established reputation and modern flexibility. Topstep offers the credibility of 12 years in business and profit splits that can reach 90%, while Phidias PropFirm counters with more trading platform options and fewer restrictions on news trading. The comparison reveals how these firms target different trading styles despite similar account sizes. This analysis examines their key differences in trading requirements, profit sharing, platform support, and overall value proposition.
T
Topstep
Est. 2012 · Chicago, USA
4.4
14,000 reviews
VS
1 wins
4 ties
3 wins
PP
Phidias PropFirm
Est. 2023 · N/A
4.3
500 reviews
Feature
Topstep
Phidias PropFirm
Challenge Price ($100K)
N/A
$273
Min Trading Days
5 days
3 days✓ More flexible
Time Limit (Phase 1)
No limit
No limit
Payout Split
50% (up to 90%)✓ Higher profit split
80%
Payout Frequency
daily
daily
Platforms
N/A
Sierra Chart, Quantower, Bookmap, NinjaTrader✓ More platform options
News Trading
N/A
Allowed✓ Fewer restrictions
Max Account (Scaling)
N/A
N/A
Topstep
Pros
+Performance-based capital release structure with 20% initial access scaling to full balance
+Daily payout eligibility after 30 benchmark trading days with up to 90% profit split
+Performance bonus program offering over $250,000 in cash bonuses for consistent traders
+Dynamic risk expansion that adjusts daily loss limits as account balance grows
+Live Funded Account structure designed to help transition from simulated to live trading
Cons
−Must maintain account balance above $0 at all times or forfeit account
−Initial payout split limited to 50% until reaching 30 benchmark trading days
−Account automatically closed if inactive for 90 days
−All positions must be closed by 3:10 PM CT daily
−Protective stops required on every open position
Phidias PropFirm
Pros
+Specializes exclusively in futures trading with access to CME Group markets
+Copy trading allowed across up to 15 funded accounts for scaling strategies
+Swing trading permitted with overnight and overweek position holding
+Fast funding path - can be funded in just 3 days with live access after 3 payouts
+Daily payouts available on live accounts with no restrictions or limits
Cons
−Limited to futures only - no forex, stocks, or other asset classes
−Relatively new firm established in 2023 with shorter track record
−Higher monthly subscription fees compared to one-time payment options
−Limited account size options compared to other prop firms
Our Verdict
Which Should You Choose?
Phidias PropFirm suits active traders who prioritize platform choice and trading flexibility. With support for Sierra Chart, Quantower, Bookmap, and NinjaTrader, plus allowance for news trading and only 3 minimum trading days, it caters to scalpers and news traders who need specific tools and fewer restrictions. The 80% profit split also appeals to traders confident in consistent profitability.
Topstep better serves traders who value established credibility and long-term earning potential. While starting at 50% profit split, the scaling to 90% rewards consistent performers significantly better than Phidias PropFirm's fixed 80%. The 4.4/5 Trustpilot rating from 14,000 reviews versus Phidias PropFirm's 500 reviews demonstrates proven reliability. Choose Topstep if you prioritize track record and maximum profit potential over immediate flexibility.
Choose Topstep if:
→Performance-based capital release structure with 20% initial access scaling to full balance
→Daily payout eligibility after 30 benchmark trading days with up to 90% profit split
→Performance bonus program offering over $250,000 in cash bonuses for consistent traders
→Dynamic risk expansion that adjusts daily loss limits as account balance grows
Choose Phidias PropFirm if:
→Specializes exclusively in futures trading with access to CME Group markets
→Copy trading allowed across up to 15 funded accounts for scaling strategies
→Swing trading permitted with overnight and overweek position holding
→Fast funding path - can be funded in just 3 days with live access after 3 payouts
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.