Alpha Futures vs Phidias

Two futures props, one decision. Here’s how Alpha Futures and Phidias compare on the things that cost you money.

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Side by side

MetricAlpha FuturesPhidias
Cheapest entry (true cost)$79$297
Profit split70% → 90% (90% flat on Advanced/Zero)80% → 90% (Premium 75%→100%)
Drawdown typeEOD trailing MLL (locks at start)Static (E2L) or EOD trailing
Max drawdown3% trailing (daily-balance)3%–5% (by size)
Payout frequencyBi-weekly; weekly on AdvancedOn-demand (Wallet); ~5–10 days
Days to payoutStandard 14 days · Advanced/Zero weekly · 48h10 days (Fundamental) · 5 (Premium) · Live daily
Min payout$200 (Standard)$500
Our take: Alpha Futures is the cheaper way in. Match the drawdown model to how you actually trade and you're set.

Alpha Futures

Highest Trustpilot in space. UK-registered. EOD only.

Visit Alpha Futures →

Full Alpha Futures review →

Phidias

Static drawdown on $25K. Gibraltar-registered. Polarized reviews.

Full Phidias review →

Compare more in the comparison tool or the true-cost hub.

FAQ

Is Alpha Futures or Phidias cheaper?
On cheapest true-cost entry, Alpha Futures comes in lower. See the table for exact figures.
Which is better, Alpha Futures or Phidias?
It depends on your asset class and drawdown tolerance. The comparison above lays out cost, drawdown and payouts so you decide on facts.
Compared 2026-06-09. Verify current terms on each firm’s site.