FundedNext vs Phidias

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

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Side by side

MetricFundedNextPhidias
Cheapest entry (true cost)$70$297
Profit splitUp to 90% (100% some models)80% → 90% (Premium 75%→100%)
Drawdown typeMax overall + daily (by model)Static (E2L) or EOD trailing
Max drawdownBy model (by size)3%–5% (by size)
Payout frequencyBi-weekly · fee refunded at first payoutOn-demand (Wallet); ~5–10 days
Days to payoutCycle-based: 5–21 days first · 24h10 days (Fundamental) · 5 (Premium) · Live daily
Min payout$250 (25K/50K) · $500 (100K)$500
Our take: FundedNext is the cheaper way in. Match the drawdown model to how you actually trade and you're set.

FundedNext

Largest review base in prop. 15% reward earned during evaluation.

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Full FundedNext 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 FundedNext or Phidias cheaper?
On cheapest true-cost entry, FundedNext comes in lower. See the table for exact figures.
Which is better, FundedNext 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.