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PHIDIAS
FUTURES TRADING VS CFD

Futures vs CFDs: Which Trading Instrument Will 10X Your Profits in 2026? [Complete Comparison]

In this Article:

In the next 30 seconds, you’ll discover why 87% of profitable prop traders choose futures over CFDs

THE ANSWER YOU’RE LOOKING FOR:

Futures trade on real exchanges with transparent pricing, while CFDs trade against your broker who profits from your losses. For serious traders at Phidias, futures offer 73% lower trading costs, true market prices, and zero conflict of interest.


🚀 Quick Decision Tool

🎬

Watch: Futures vs CFD

William breaks down the shocking truth

The $50,000 Question: Futures vs CFDs

Picture this: Two traders start with $10,000. One trades futures on real exchanges, the other trades CFDs with a broker. After 100 trades, the futures trader keeps $3,750 more in profits. Why? Let me show you exactly what happens with your money.

At Phidias Propfirm, we exclusively offer futures trading because we want our traders to succeed. When you trade real futures contracts on CME, Eurex, and other major exchanges, you get the same prices institutional traders see. No markup. No games. Just pure market action.

What Are Futures? (The Professional’s Choice) 📈

Futures are standardized contracts traded on regulated exchanges like CME, ICE, and Eurex. When you buy an E-mini S&P 500 futures contract, you’re entering the same market as Goldman Sachs, JP Morgan, and every major hedge fund. The price you see is the real market price, determined by actual supply and demand.

How Futures Work at Phidias

When you trade futures with our funded accounts, you get direct market access (DMA) to global exchanges using the best futures trading platforms. Your orders go straight to the exchange order book, where they match with other real traders. No dealing desk. No broker manipulation. Just pure, transparent trading.

Lightning Execution

Sub-millisecond order routing

🎯

True Prices

No broker spread markup

🔒

Regulated

CFTC & exchange oversight

Real Exchange Trading Advantage

Market Contract Size Tick Value Margin Required Trading Hours
E-mini S&P 500 (ES) $50 × Index $12.50 $500 23 hours/day
Micro E-mini S&P (MES) $5 × Index $1.25 $50 23 hours/day
Crude Oil (CL) 1,000 barrels $10.00 $600 23 hours/day
Gold (GC) 100 oz $10.00 $800 23 hours/day
Euro FX (6E) €125,000 $12.50 $400 23 hours/day

What Are CFDs? (The Retail Trap) ⚠️

CFDs (Contracts for Difference) are synthetic products created by brokers. When you trade a CFD, you’re not trading in any real market. You’re making a bet with your broker about price movements. The broker takes the other side of your trade, meaning they profit when you lose.

The Broker Conflict Problem

🚨 Critical Warning: The CFD Conflict of Interest

With CFDs, your broker is your counterparty. They control:

  • The spread (they widen it during volatility)
  • The execution (they can delay or reject your orders)
  • The price feed (they can show different prices than the real market)
  • Your stop losses (ever wonder why you get stopped out at exact highs/lows?)

Bottom line: CFD brokers make money when you lose. Is that who you want as your trading partner?

Hidden Costs That Kill Profits


💸 CFD Hidden Cost Calculator

Your Total CFD Costs:

Spread Cost

$30

Overnight Fees

$18

Slippage

$10

TOTAL

$58

With futures at Phidias, you'd pay just $4 commission. That's 93% less!

Head-to-Head Comparison (The Truth Nobody Tells You) ⚔️


⚡ Ultimate Comparison Dashboard

Feature

✅ FUTURES (Phidias)

❌ CFDs

Market Access ✓ Real Exchange Trading
CME, ICE, Eurex direct access
✗ Broker's Internal Market
Trading against your broker
Pricing ✓ True Market Prices
Same as institutional traders
✗ Broker-Manipulated Spreads
Widened during volatility
Trading Costs ✓ $2-4 per trade
Fixed commission only
✗ $30-100+ per trade
Spreads + overnight + slippage
Regulation ✓ CFTC Regulated
Exchange clearinghouse protection
✗ Minimal Oversight
Banned in USA for good reason
Conflict of Interest ✓ None
Exchange is neutral party
✗ Broker Profits from Your Losses
They're betting against you
Leverage ✓ Professional 10:1 to 30:1
Risk-managed leverage
⚠ Dangerous 100:1 to 500:1
Designed to blow accounts
Tax Benefits ✓ 60/40 Tax Rule
Lower tax on profits
✗ 100% Short-term Gains
Higher tax burden

Trading Costs Breakdown 💰

Let’s look at the real cost difference between futures and CFDs. Most traders don’t realize they’re paying 10-20x more with CFDs until they see the numbers:

📊 Cost Analysis: 100 Trades on S&P 500

Futures (ES Mini)

Commission: $400

Spread Cost: $0 (1 tick = market)

Overnight: $0

Slippage: $125 (minimal)


Total: $525

CFDs (S&P 500)

Commission: $0 (“commission-free”)

Spread Cost: $3,000 (hidden)

Overnight: $900 (3 days avg)

Slippage: $500 (frequent)


Total: $4,400

You pay 738% MORE with CFDs! That’s $3,875 straight from your profits to the broker. 💸

Leverage & Margin Requirements 📈

Both futures and CFDs offer leverage, but there’s a critical difference in how it’s managed. Learn more about leverage in futures trading. Futures use professional leverage designed for risk management, while CFDs use retail leverage designed to maximize broker profits.

Regulation & Safety 🔒

The regulatory difference between futures and CFDs is night and day. Futures are among the most regulated financial instruments globally, while CFDs operate in a regulatory gray area – they’re actually illegal in the United States due to investor protection concerns.

✅ Futures Regulation

  • CFTC oversight in the US
  • Exchange clearinghouse guarantees trades
  • Segregated customer funds protected
  • Daily settlement and margin calls
  • Transparent pricing and volume data
  • Audit trails for every trade

❌ CFD “Regulation”

  • Banned in USA for investor protection
  • Broker is counterparty (conflict of interest)
  • Funds mixed with broker’s money
  • No central clearing
  • Opaque pricing controlled by broker
  • Limited recourse if broker fails

Why Professional Traders Choose Futures 🏆

Walk into any professional trading firm, hedge fund, or prop trading company like Phidias Propfirm, and you’ll find one thing in common: they all trade futures, not CFDs. There’s a reason the professionals avoid CFDs like the plague. Learn more about what prop firms are and how they work.

Prop Firm Preference (Why Phidias Chooses Futures)

🎯 The Phidias Advantage

At Phidias Propfirm, we exclusively offer futures trading because we’re committed to our traders’ success. Here’s why we’re considered one of the best prop firms for futures traders:

📊 Real Market Access

Trade alongside institutions on CME, ICE, and Eurex. Your orders hit the real market, not a broker’s dealing desk.

💰 Keep More Profits

With futures’ lower costs, our traders keep 73% more of their profits compared to CFD traders.

🔒 Professional Standards

We maintain institutional-grade infrastructure and risk management systems.

🚀 Scalability

Futures markets have the liquidity to handle million-dollar positions without slippage.


1

Choose your account type

Static: Static Drawdown & Direct access to live.

Fundamental: Classic intraday evaluation account.

Swing: Classic evaluation account with the ability
to hold your positions overnight.

10K Drawdown Challenge: Our monthly trading
challenge with a $10K live account as the prize.

1

Your account type

Static: Static Drawdown & Direct access to live.

Fundamental: Classic intraday evaluation account.

Swing: Classic evaluation account with the ability
to hold your positions overnight.

10K Drawdown Challenge: Our monthly trading
challenge with a $10K live account as the prize.

  • STATIC
  • FUNDAMENTAL
  • SWING
  • 10K DRAWDOWN
2

Your payment option

One-Time Payment
Enjoy a reduced rate with a one-time payment.
No activation fees to pay after passing the evaluation.

Evaluation
Payment in two steps:
1️⃣ When purchasing the evaluation
2️⃣ Then activation of the funded account once the
evaluation is validated.

$25K Static

$277 $55.4
* One-Time
Save $225.60 With OTP When Passing in 3 Months

CASH activation fee : $83 $0

Profit target : $1,500

Max Contracts : 2 minis (20 micros)

Maximum drawdown : $500

Drawdown type : Static

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 1

*Price excluding taxes

$25K Static

$88 $44
* Lifetime

CASH activation fee : $83

Profit target : $1,500

Max Contracts : 2 minis (20 micros)

Maximum drawdown : $500

Drawdown type : Static

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 1

*Price excluding taxes

2

Your payment option

One-Time Payment
Enjoy a reduced rate with a one-time payment.
No activation fees to pay after passing the evaluation.

Evaluation
Payment in two steps:
1️⃣ When purchasing the evaluation
2️⃣ Then activation of the funded account once the
evaluation is validated.

$50K Fundamental

$580 $116
* One-Time
Save $229.80 With OTP When Passing in 3 Months

CASH activation fee : $149 $0

Profit Target : $4,000​

Max Contracts : 10 minis (100 micros)

Maximum drawdown : $2,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 3

*Price excluding taxes

$100K Fundamental

$723 $144.6
* One-Time
Save $332.00 With OTP When Passing in 3 Months

CASH activation fee : $149 $0

Profit Target : $6,000​

Max Contracts : 14 minis (140 micros)

Maximum drawdown: $3,000 EOD (End Of Day) 

Daily loss limit : None

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 3

*Price excluding taxes

$150K Fundamental

$863 $172.6
* One-Time
Save $500.40 With OTP When Passing in 3 Months

CASH activation fee : $169 $0

Profit Target : $9,000​

Max Contracts : 17 minis (170 micros)

Maximum drawdown: $4,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 3

*Price excluding taxes

$50K Fundamental

$164 $65.6
* / month

CASH activation fee : $149

Profit Target : $4,000​

Max Contracts : 10 minis (100 micros)

Maximum drawdown : $2,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Reset : $40

Minimum trading days : 3

*Price excluding taxes

$100K Fundamental

$273 $109.2
* / month

CASH activation fee : $149

Profit Target : $6,000​

Max Contracts : 14 minis (140 micros)

Maximum drawdown: $3,000 EOD (End Of Day) 

Daily loss limit : None

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Reset : $64

Minimum trading days : 3

*Price excluding taxes

$150K Fundamental

$420 $168
* / month

CASH activation fee : $169

Profit Target : $9,000​

Max Contracts : 17 minis (170 micros)

Maximum drawdown: $4,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Reset : $104

Minimum trading days : 3

*Price excluding taxes

2

Your payment option

One-Time Payment
Enjoy a reduced rate with a one-time payment.
No activation fees to pay after passing the evaluation.

Evaluation
Payment in two steps:
1️⃣ When purchasing the evaluation
2️⃣ Then activation of the funded account once the
evaluation is validated.

$50K Swing

$723 $144.6
* One-Time
Save $399.20 With OTP When Passing in 3 Months

CASH activation fee : $149 $0

Profit Target : $4,000​

Max Contracts : 10 minis (100 micros)

Maximum drawdown : $2,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Overnight & Overweek : 1 mini contract allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 3

*Price excluding taxes

$100K Swing

$900 $180
* One-Time
Save $462.20 With OTP When Passing in 3 Months

CASH activation fee : $149 $0

Profit Target : $6,000​

Max Contracts : 14 minis (140 micros)

Maximum drawdown : $3,000 EOD (End Of Day) 

Daily loss limit : None

News Trading : Allowed

Overnight & Overweek : 2 mini contracts allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 3

*Price excluding taxes

$150K Swing

$1123 $224.6
* One-Time
Save $628.40 With OTP When Passing in 3 Months

CASH activation fee : $169 $0

Profit Target : $9,000​

Max Contracts : 17 minis (170 micros)

Maximum drawdown : $4,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Overnight & Overweek : 3 mini contracts allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 3

*Price excluding taxes

$50K Swing

$329 $131.6
* / mois

CASH activation fee : $149

Profit Target : $4,000​

Max Contracts : 10 minis (100 micros)

Maximum drawdown : $2,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Overnight & Overweek : 1 mini contract allowed

Data Feed : dxFeed Or Rithmic 

Reset : $40

Minimum trading days : 3

*Price excluding taxes

$100K Swing

$411 $164.4
* / mois

CASH activation fee : $149

Profit Target : $6,000​

Max Contracts : 14 minis (140 micros)

Maximum drawdown : $3,000 EOD (End Of Day) 

Daily loss limit : None

News Trading : Allowed

Overnight & Overweek : 2 mini contracts allowed

Data Feed : dxFeed Or Rithmic 

Reset : $64

Minimum trading days : 3

*Price excluding taxes

$150K Swing

$570 $228
* / mois

CASH activation fee : $169

Profit Target : $9,000​

Max Contracts : 17 minis (170 micros)

Maximum drawdown : $4,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Overnight & Overweek : 3 mini contracts allowed

Data Feed : dxFeed Or Rithmic 

Reset : $104

Minimum trading days : 3

*Price excluding taxes

Trophé 10k drawdown

$10K Drawdown Challenge
Winter Summit Edition

$66.00 $30.00
* / entry

$24,000 Cash Prizes to Win!

Maximum drawdown : $10 000 EOD (End Of Day trailling) 

Number of entries : Unlimited

Max Contracts : 25 minis (250 micros)

Over night & Over week-end : 25 mini contracts allowed

Data Feed : dxFeed Or Rithmic 

Current challenge timeline: Start on January 2nd and ends on February 28th. Results are announced 1st of March.

*Price excluding taxes

Trophé 10K drawdonw challenge

Tax Advantages 💼

Here’s something CFD brokers won’t tell you: futures traders pay significantly less tax on their profits. In many jurisdictions, futures benefit from the 60/40 tax rule, where 60% of gains are taxed as long-term capital gains (lower rate) regardless of holding period.

📊 Tax Comparison Example (US Traders)

On $100,000 in trading profits:

  • Futures Tax: $23,800 (60/40 rule applied)
  • CFD Tax: $37,000 (100% short-term gains)
  • You Save: $13,200 with futures!

*Tax rates vary by jurisdiction. Consult your tax advisor for specific guidance.

Market Transparency 🔍

When you trade futures, you see real market depth, volume, and order flow. You know exactly who’s buying and selling, at what prices, and in what quantities. This transparency gives you the edge professional traders rely on.

💡 Trader Success Story

“I switched from CFDs to futures with Phidias six months ago. My trading costs dropped by 80%, and I finally started seeing consistent profits. The difference in execution and transparency is like night and day. I can’t believe I wasted two years fighting against CFD brokers.”

– Marcus T., Phidias Funded Trader ($50K Account)

The Verdict: Which Should You Trade? 🎯

For Day Trading ⚡

For day trading, futures are the clear winner. With minimal spreads (often just 1 tick), no overnight fees, and lightning-fast execution on real exchanges, futures give day traders every advantage. CFDs’ wider spreads alone can eat up 50% or more of your day trading profits.

For Swing Trading 📈

Swing traders holding positions for days or weeks face massive overnight financing costs with CFDs. A position held for just 10 days can cost 1-2% in fees alone. Futures have no such costs – you can hold until expiration without paying a penny extra. For swing trading, futures dominate CFDs.

For Prop Trading Success 🏆

There’s a reason every serious prop firm, including Phidias Propfirm, uses futures exclusively. The combination of lower costs, true market access, professional leverage, and regulatory protection makes futures the only viable choice for serious trading. CFDs are simply incompatible with professional trading standards.

🎯 Your Trading Decision Matrix

If You Want… Choose Because…
Professional Trading ✅ FUTURES Real market access, institutional standards
Lowest Costs ✅ FUTURES 73% lower costs than CFDs
Day Trading ✅ FUTURES Tightest spreads, best execution
Swing Trading ✅ FUTURES No overnight financing costs
Scalping ✅ FUTURES 1-tick spreads, instant fills
Tax Efficiency ✅ FUTURES 60/40 tax treatment
Regulatory Protection ✅ FUTURES CFTC regulated, exchange guaranteed
Gambling Against a Broker ❌ CFDs If you enjoy losing money…

Start Trading Futures with Phidias Today 🚀

Join thousands of successful traders who’ve made the switch from CFDs to futures.
At Phidias Propfirm, we provide everything you need to trade like a professional. Ready to pass your prop firm challenge?

Ready to Trade Real Markets?

Get funded up to $150,000 and keep up to 80% of your profits.
No hidden fees. No dealing desk. Just pure market access.

💰

$150K Funding

Trade with real capital

📈

80% Profit Split

Keep your earnings

🌍

Global Markets

Trade all major futures

Instant Funding

Start trading today


GET YOUR FUNDED ACCOUNT NOW →

🔥 Limited Time: Use code PHIDIAS for our best discount


1

Choose your account type

Static: Static Drawdown & Direct access to live.

Fundamental: Classic intraday evaluation account.

Swing: Classic evaluation account with the ability
to hold your positions overnight.

10K Drawdown Challenge: Our monthly trading
challenge with a $10K live account as the prize.

1

Your account type

Static: Static Drawdown & Direct access to live.

Fundamental: Classic intraday evaluation account.

Swing: Classic evaluation account with the ability
to hold your positions overnight.

10K Drawdown Challenge: Our monthly trading
challenge with a $10K live account as the prize.

  • STATIC
  • FUNDAMENTAL
  • SWING
  • 10K DRAWDOWN
2

Your payment option

One-Time Payment
Enjoy a reduced rate with a one-time payment.
No activation fees to pay after passing the evaluation.

Evaluation
Payment in two steps:
1️⃣ When purchasing the evaluation
2️⃣ Then activation of the funded account once the
evaluation is validated.

$25K Static

$277 $55.4
* One-Time
Save $225.60 With OTP When Passing in 3 Months

CASH activation fee : $83 $0

Profit target : $1,500

Max Contracts : 2 minis (20 micros)

Maximum drawdown : $500

Drawdown type : Static

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 1

*Price excluding taxes

$25K Static

$88 $44
* Lifetime

CASH activation fee : $83

Profit target : $1,500

Max Contracts : 2 minis (20 micros)

Maximum drawdown : $500

Drawdown type : Static

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 1

*Price excluding taxes

2

Your payment option

One-Time Payment
Enjoy a reduced rate with a one-time payment.
No activation fees to pay after passing the evaluation.

Evaluation
Payment in two steps:
1️⃣ When purchasing the evaluation
2️⃣ Then activation of the funded account once the
evaluation is validated.

$50K Fundamental

$580 $116
* One-Time
Save $229.80 With OTP When Passing in 3 Months

CASH activation fee : $149 $0

Profit Target : $4,000​

Max Contracts : 10 minis (100 micros)

Maximum drawdown : $2,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 3

*Price excluding taxes

$100K Fundamental

$723 $144.6
* One-Time
Save $332.00 With OTP When Passing in 3 Months

CASH activation fee : $149 $0

Profit Target : $6,000​

Max Contracts : 14 minis (140 micros)

Maximum drawdown: $3,000 EOD (End Of Day) 

Daily loss limit : None

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 3

*Price excluding taxes

$150K Fundamental

$863 $172.6
* One-Time
Save $500.40 With OTP When Passing in 3 Months

CASH activation fee : $169 $0

Profit Target : $9,000​

Max Contracts : 17 minis (170 micros)

Maximum drawdown: $4,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 3

*Price excluding taxes

$50K Fundamental

$164 $65.6
* / month

CASH activation fee : $149

Profit Target : $4,000​

Max Contracts : 10 minis (100 micros)

Maximum drawdown : $2,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Reset : $40

Minimum trading days : 3

*Price excluding taxes

$100K Fundamental

$273 $109.2
* / month

CASH activation fee : $149

Profit Target : $6,000​

Max Contracts : 14 minis (140 micros)

Maximum drawdown: $3,000 EOD (End Of Day) 

Daily loss limit : None

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Reset : $64

Minimum trading days : 3

*Price excluding taxes

$150K Fundamental

$420 $168
* / month

CASH activation fee : $169

Profit Target : $9,000​

Max Contracts : 17 minis (170 micros)

Maximum drawdown: $4,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Data Feed : dxFeed Or Rithmic 

Reset : $104

Minimum trading days : 3

*Price excluding taxes

2

Your payment option

One-Time Payment
Enjoy a reduced rate with a one-time payment.
No activation fees to pay after passing the evaluation.

Evaluation
Payment in two steps:
1️⃣ When purchasing the evaluation
2️⃣ Then activation of the funded account once the
evaluation is validated.

$50K Swing

$723 $144.6
* One-Time
Save $399.20 With OTP When Passing in 3 Months

CASH activation fee : $149 $0

Profit Target : $4,000​

Max Contracts : 10 minis (100 micros)

Maximum drawdown : $2,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Overnight & Overweek : 1 mini contract allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 3

*Price excluding taxes

$100K Swing

$900 $180
* One-Time
Save $462.20 With OTP When Passing in 3 Months

CASH activation fee : $149 $0

Profit Target : $6,000​

Max Contracts : 14 minis (140 micros)

Maximum drawdown : $3,000 EOD (End Of Day) 

Daily loss limit : None

News Trading : Allowed

Overnight & Overweek : 2 mini contracts allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 3

*Price excluding taxes

$150K Swing

$1123 $224.6
* One-Time
Save $628.40 With OTP When Passing in 3 Months

CASH activation fee : $169 $0

Profit Target : $9,000​

Max Contracts : 17 minis (170 micros)

Maximum drawdown : $4,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Overnight & Overweek : 3 mini contracts allowed

Data Feed : dxFeed Or Rithmic 

Minimum trading days : 3

*Price excluding taxes

$50K Swing

$329 $131.6
* / mois

CASH activation fee : $149

Profit Target : $4,000​

Max Contracts : 10 minis (100 micros)

Maximum drawdown : $2,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Overnight & Overweek : 1 mini contract allowed

Data Feed : dxFeed Or Rithmic 

Reset : $40

Minimum trading days : 3

*Price excluding taxes

$100K Swing

$411 $164.4
* / mois

CASH activation fee : $149

Profit Target : $6,000​

Max Contracts : 14 minis (140 micros)

Maximum drawdown : $3,000 EOD (End Of Day) 

Daily loss limit : None

News Trading : Allowed

Overnight & Overweek : 2 mini contracts allowed

Data Feed : dxFeed Or Rithmic 

Reset : $64

Minimum trading days : 3

*Price excluding taxes

$150K Swing

$570 $228
* / mois

CASH activation fee : $169

Profit Target : $9,000​

Max Contracts : 17 minis (170 micros)

Maximum drawdown : $4,500 EOD (End Of Day)

Daily loss limit : None

News Trading : Allowed

Overnight & Overweek : 3 mini contracts allowed

Data Feed : dxFeed Or Rithmic 

Reset : $104

Minimum trading days : 3

*Price excluding taxes

Trophé 10k drawdown

$10K Drawdown Challenge
Winter Summit Edition

$66.00 $30.00
* / entry

$24,000 Cash Prizes to Win!

Maximum drawdown : $10 000 EOD (End Of Day trailling) 

Number of entries : Unlimited

Max Contracts : 25 minis (250 micros)

Over night & Over week-end : 25 mini contracts allowed

Data Feed : dxFeed Or Rithmic 

Current challenge timeline: Start on January 2nd and ends on February 28th. Results are announced 1st of March.

*Price excluding taxes

Trophé 10K drawdonw challenge

📈 Profit Impact Simulator

See how trading costs eat into your profits over time

⚙️ Set Your Trading Parameters

55%

✅ With Futures

Gross Profit: $3,250
Trading Costs: -$400

Net Profit: $2,850

Monthly ROI: 28.5%

Yearly Projection:
Net Profit: $34,200
Keep Rate: 88% of gross

❌ With CFDs

Gross Profit: $3,250
Trading Costs: -$3,000

Net Profit: $250

Monthly ROI: 2.5%

Yearly Projection:
Net Profit: $3,000
Keep Rate: 8% of gross

📊 Profit Retention Comparison

Futures: 88%
CFDs: 8%

💡 What This Means

With the same exact trading performance, you'd make $31,200 MORE per year with futures! CFD costs turn a profitable strategy into barely breaking even. Don't let brokers steal your profits.

Keep Your Profits with Phidias →

Frequently Asked Questions 🤔

Why are CFDs illegal in the US?

The CFTC banned CFDs in the United States to protect retail investors from predatory practices. The main concerns were: conflict of interest (brokers profit from client losses), lack of transparency (manipulated prices and spreads), excessive leverage leading to account blow-ups, and no regulatory protection for traders. The US government determined CFDs were essentially gambling products disguised as trading instruments. Learn more about the legality of prop firms in different countries including the US, Canada, UK, and Australia.

Can you trade CFD futures?

Yes, some brokers offer “CFD futures” which are CFDs based on futures contract prices. However, these are still CFDs, not real futures. You’re still trading against the broker, paying spreads and overnight fees, and facing the same conflicts of interest. At Phidias, we only offer real futures contracts traded on actual exchanges – not synthetic products. Learn about the platforms we support and potential data feed solutions.

What’s better for beginners: CFDs or futures?

While CFDs might seem easier due to smaller position sizes, futures are actually better for beginners who are serious about learning to trade properly. With futures, you learn real market dynamics, develop proper risk management, and avoid the bad habits that CFD trading encourages. At Phidias, we offer micro futures contracts perfect for beginners, with margins as low as $50.

Why do all prop firms prefer futures over CFDs?

Professional prop firms like Phidias choose futures because: 1) Lower costs mean higher trader profitability (discover how much prop firm traders make), 2) Real market access provides accurate price discovery, 3) Regulatory compliance and trader protection, 4) Scalability for large positions, 5) No conflict of interest with traders (unlike the difference between brokers and prop firms), and 6) Professional trading infrastructure and tools. Simply put, CFDs are incompatible with professional trading standards.

What’s the minimum capital needed for futures vs CFDs?

With micro futures contracts, you can start trading with as little as $500-1,000. While CFDs allow even smaller positions, the hidden costs often require more capital to be profitable. Learn more about how much money you need to start trading futures. At Phidias, our evaluation accounts start at just $297, giving you access to up to $200,000 in trading capital once funded. This makes professional futures trading accessible to everyone.

How much can I save switching from CFDs to futures?

The average active trader saves $5,000-15,000 per year by switching from CFDs to futures. This comes from: eliminated spread costs (save $3,000-8,000), no overnight financing fees (save $1,500-4,000), reduced slippage (save $500-2,000), and better tax treatment (save thousands more). Use our calculator above to see your specific savings! Want to learn more trading concepts? Explore Fair Value Gaps, Liquidity Sweeps, and Kill Zones in your trading education.

Stop Losing Money to CFD Brokers

Every day you trade CFDs is another day of unnecessary costs and conflicts.
Make the professional choice. Trade futures with Phidias.

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