Topstep wins, 4 rounds to 1. It is cheaper to get funded, has fewer rules that can end the account, can pay you sooner and puts more in your pocket per payout. Phidias Prop Firm gives you more room before the account fails. Phidias Prop Firm vs Topstep, compared on price, drawdown, consistency rules and payouts, with every discount applied.
Updated November 5, 2026
PhidiasPhidias Prop Firm
TopstepTopstepTopstep wins, 4 rounds to 1. It is cheaper to get funded, has fewer rules that can end the account, can pay you sooner and puts more in your pocket per payout. Phidias Prop Firm gives you more room before the account fails.
Five rounds, one point each. Most points wins; a level card goes to the cheaper account. How we score
The five things that decide whether a funded account works for you, in the order you live them.
The price after the discount code, plus any activation fee. Most traders fail at least once, so the cheaper account is also cheaper to try again.
Phidias Prop Firm$215
Topstep$95Topstep costs $95 all-in, $120 less than Phidias Prop Firm at $215. That includes the $149 activation fee Phidias Prop Firm charges once you pass.
The drawdown is the line that ends the account. A line that moves less, with more room under it, means a normal pullback does not blow the account.
Phidias Prop FirmTopstepBoth use an end-of-day drawdown, which only moves when the trading day closes. Phidias Prop Firm lets you lose $2,500 before the account fails, $500 more than Topstep.
These are the rules that fail accounts or hold back payouts even when you are in profit. Fewer tripwires, fewer ways to lose the account.
Topstep has one of these rules. Phidias Prop Firm adds a consistency rule on payouts and a payout buffer.
Days from buying the account to asking for your first payout, if everything goes right.
Phidias Prop Firm13 daysTopstep7 daysTopstep can pay you after 7 days at the earliest: 2 days to pass, then 5 profitable days to the first payout. Phidias Prop Firm takes 13: 3 days to pass, then 10 profitable days to the first payout.
The most one payout can put in your pocket: the payout cap times your share. A high split means little if the cap is low.
Phidias Prop Firm$1,60080% splitTopstep$1,80090% splitTopstep: up to $2,000 a payout at 90%, so $1,800 to you. Phidias Prop Firm: up to $2,000 a payout at 80%, so $1,600 to you.
The rules that matter most for both accounts, checked 5 Nov 2026 against each firm's own rules.
Every other firm against these two, on the same five rounds.
Five rounds, one point each. The account that wins the most rounds wins the card, and a level card goes to the cheaper account. A round without the numbers for both sides scores nobody and says so.
The evaluation after the discount code, plus any activation fee charged when you pass. Lower wins.
All-in price, explainedThe drawdown, the line that ends the account. Static beats end-of-day, which beats intraday trailing. Same kind? More room wins.
Drawdown, explainedA daily loss limit, a consistency rule to pass, one on payouts, and a payout buffer. Fewer wins.
Consistency rule, explainedDays to pass plus days to the first payout, counted the way each firm publishes them. Fewer wins.
Payout cycle, explainedThe most one payout can put in your pocket: the payout cap times your split. More wins.
Profit split, explainedPlatforms, news rules and the rest depend on how you trade, so they are on every card for reference and never scored. Prices come from the same data as the board and the firm pages, so a number here always matches the rest of the site.
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