Fall 2026
10K Drawdown Challenge · Phidias Propfirm
Futures trading competition run by Phidias Propfirm in which participants trade a $10,000 account and are ranked by total profit.
Competition period
Oct 1, 2026, 00:00 UTC → Nov 30, 2026, 23:59:59 UTC
Prize pool
Cash and non-cash prizes$24,000
Prize breakdown
- 1st$12,000
- 2nd$3,000
- 3rd$2,160
- 4th$1,680
- 5th$1,320
- 6th$1,080
- 7th$840
- 8th$720
Key facts
- Starts
- Oct 1, 2026, 00:00 UTC
- Ends
- Nov 30, 2026, 23:59:59 UTC
- Markets
- Futures
- Starting balance
- $10,000
Rules summary
$66 per entry. Discounts may be available on the official Phidias website. $10,000 competition account with a $10,000 trailing end-of-day drawdown. Maximum 25 minis / 250 micros. Overnight and weekend positions and news trading are allowed. Unlimited entries; only the best account counts. Ranked by total profit, updated daily at end of day. No consistency rule and no minimum trading days. Registration closes on November 23, 2026 (Phidias publishes this date without a time). Phidias publishes the start as October 1, 2026 without a time; the 00:00 UTC start shown here is a storage convention, not an official start time.
Eligibility
Top-10 winners cannot participate again while they hold an active LIVE account. A trader who has switched to a LIVE account via the 10K Drawdown is no longer eligible for it.
Official sources
- Official competition page (verification source) (opens in a new tab)
- Official rules (opens in a new tab)
Data verified Oct 12, 2026

