Phidias 30% Consistency Rule: Profit Formula and Account Scope
Phidias's 30% consistency formula uses accumulated profit, not the account's starting balance. Its specific terms section 3.1.8 and official education page describe the best trading day's profit divided by total profit. This rule summary was checked on 7 October 2026. Confirm the current conditions for your exact account and phase before relying on it.
The formula and the account scope
The official consistency-rule explanation states the ratio as best-day profit / accumulated profit × 100, with a maximum of 30%. It identifies Fundamental and Premium CASH accounts as subject to the rule. Evaluations, Express to Live accounts and LIVE accounts are exempt under the explanation reviewed on the date above.
For Fundamental and Premium CASH accounts, the reviewed terms and education page apply the consistency calculation over at least four trading days. This minimum does not replace the separate payout timing and eligibility requirements.
Check the current terms, section 3.1.8, alongside that explanation. A general paragraph in the terms uses the word “balance”, which can be misleading in isolation. The specific ratio and worked examples use accumulated profit. Do not interpret the rule as permitting profit equal to 30% of the original account balance in one day.
A worked example
Suppose the best day's profit is $300 and total accumulated profit for the applicable period is $1,000. The ratio is $300 / $1,000 × 100 = 30%. If total profit were $800 instead, the same best day would represent 37.5%.
For a best day of $300, the mathematical total-profit threshold at 30% is $300 / 0.30 = $1,000. This is a hypothetical calculation, not a return forecast or advice to take more risk to reach a payout threshold. A $10,000 starting account balance does not turn this rule into a $3,000 daily cap.
When calculating a percentage, use the firm's definitions and reporting period, not a mixture of account balance, deposits and trading profit. A zero or negative total-profit denominator is not a useful payout-eligibility ratio.
What happens when the share exceeds 30%?
The reviewed education page distinguishes payout eligibility from account termination: exceeding the share holds eligibility until the ratio is within the stated limit. It also says the calculation resets after a payout. This does not override separate drawdown, trading-conduct or other account requirements, and meeting the ratio alone does not guarantee a payout.
Do not assume the same rule applies to every product or stage. Confirm the account type, applicable period, profit definition and current payout conditions directly with Phidias. Keep a dated copy of the rule information used in your review.
Keep analytics formulas separate
MyVeridex currently offers MT4 and MT5 account connections. It does not currently offer a connection to Phidias's futures platforms. Do not treat MyVeridex as a direct monitor of that account's official eligibility.
MyVeridex's current scheduled consistency metric measures the proportion of represented months whose closed-trade profit is positive. It is a different formula from Phidias's best-day-profit share. The metrics guide explains that distinction and the limits of closed-trade drawdown estimates.
A verification checklist
- Identify the exact programme and whether the account is in evaluation, CASH or LIVE.
- Read the current official formula and terms for that account.
- Match the firm's reporting period and daily boundaries.
- Reconcile best-day and accumulated profit to the firm's own account records.
- Check other payout and risk conditions separately. Do not assume a single passing percentage establishes eligibility.
Frequently asked questions
Is the 30% based on starting account balance?
No. The specific official formula reviewed on 7 October 2026 uses best-day profit divided by accumulated profit.
Does every Phidias account have the rule?
No. The reviewed official explanation names Fundamental and Premium CASH accounts and exempts evaluations, Express to Live and LIVE accounts. Verify the current scope for your exact programme.
Does a MyVeridex consistency score show Phidias compliance?
No. It uses a different metric, and the current offered MyVeridex connections are MT4 and MT5. Check Phidias's own account records and rules.
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