10K DrawDown Challenge
Spring Edition
The only futures trading competition where every participant walks away a winner. Compete over 8 weeks, prove your edge, and secure your share of rewards.
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Every Trader Becomes a Winner
Unlike traditional competitions, the 10K Drawdown ensures that 100% of participants receive meaningful rewards based on their performance tier.
Top 10 Cash Prizes
Elite performers receive direct cash prizes ranging from $540 to $12,000, deposited into your Phidias Wallet for immediate use.
Top 10% Tier
Receive a 50K Fundamental Evaluation with zero activation fees. Access a funded account for free upon passing.
Everyone Wins
All participants receive exclusive discount codes (up to 90% off) for future evaluations, your next opportunity starts here.
$24,000 Prize Pool
Cash prizes for the top 10 performers, plus tier-based rewards ensuring every participant gains value from their participation.
Top 10 Cash Prizes
Tier Rewards
Excludes top 10. 50K Fundamental with no activation fees to access funded account.
Excludes top 10 and top 10%. Valid for any evaluation (excluding OTP).
All other participants. Valid for any evaluation (excluding OTP).
Prize Distribution via Phidias Wallet
Top 10 cash prizes are deposited directly into your Phidias Wallet. From there, you choose: withdraw to your bank account, transfer to a live trading account, purchase evaluations, or use for activation fees. Complete flexibility for your trading journey.
Your Winnings, Your Choice
The Phidias Wallet gives you complete control over your prize money. Unlike rigid prize structures, you decide how to deploy your winnings to best serve your trading career.
This is your capital, managed on your terms. Whether you need immediate liquidity, want to scale your trading, or invest in additional opportunities—the choice is entirely yours.
Direct Withdrawal
Transfer funds directly to your bank account via Rise payment system.
Live Account Funding
Deploy your winnings to a live trading account with our partner broker.
Evaluation Purchases
Use wallet funds to purchase additional evaluations and expand your opportunities.
Store Purchases
Pay for activation fees, market data feeds, and all Phidias products directly from your wallet.
8 Weeks to Prove Your Edge
A methodical competition structure designed to identify consistent, skilled traders over an extended period.
Competition Opens
Registration begins. All participants receive their $10,000 trading account and can begin trading immediately. The leaderboard goes live for real-time performance tracking.
Open Registration Period
New participants can join at any point until April 24th. Unlimited entries allowed—your best performing account represents you on the leaderboard.
Registration Closes
Final opportunity to enter the competition. All active participants continue trading through the final week as rankings solidify.
Competition Ends
Final rankings determined. Winners announced. Prize distribution begins immediately via Phidias Wallet for top 10, with tier rewards distributed within 48 hours.
Clear, Transparent Structure
Professional trading parameters designed to test skill, consistency, and risk management over an extended period.
Account Specifications
Every participant trades with identical account parameters to ensure fair competition.
Trading Freedom
Trade with maximum flexibility across timeframes and market conditions.
Multiple Entries
Maximize your probability of success with unlimited simultaneous entries.
Ranking System
Transparent daily leaderboard updates ensure you always know where you stand.
Prize Distribution
Immediate prize allocation following competition conclusion.
Fair Competition
Standard Phidias trading rules apply to ensure legitimate performance.
Prove Your Edge in 2026
Seven weeks to demonstrate your trading skill. A transparent structure where every participant gains value. Your next chapter in professional trading begins now.
Enter 10K Drawdown Challenge - $30USE CODE PHIDIAS AT CHECKOUT
Registration closes June 23, 2026 • Competition ends June 30, 2026