Phidias Express to Live: static risk and bonus versus LIVE credit
Express to Live is a separate static-drawdown route. Its advertised total reward combines a payout component and LIVE credit; the combined number should not be read as cash received in a bank account.
Static risk differs from EOD trailing
The named 100K E2L plan lists an $800 static drawdown, $3,500 target and seven mini/seventy micro contract limit. A large nominal balance therefore comes with a much smaller loss allowance. Do not reuse the $2,500 50K Fundamental distance.
Sources for this section
Official programme, eligibility or contract source Official programme, eligibility or contract source

Diagram explained
Combined reward is not all withdrawable cash
- 100K E2L: $800 static loss limit
- $3,000 bonus × 80% = $2,400
- $1,500 LIVE credit stays separate
Separate the reward components
For this plan, the table shows a $3,000 bonus subject to an 80/20 split plus $1,500 LIVE credit. The $4,500 combined headline is not $4,500 disposable cash. Applying 80% to the bonus alone gives $2,400 before any applicable payment adjustments.
Sources for this section
Conversion has its own trigger
After the CASH profit target, the published Switch to Live action triggers the fixed bonus and conversion. This differs from discretionary Fundamental/Premium consideration. Follow the specific E2L contract and dashboard status rather than assuming every CASH account converts by the same rule.
Sources for this section
Official programme, eligibility or contract source Official programme, eligibility or contract source
Credit is a trading allocation
LIVE credit belongs to the LIVE trading structure, not the payout-method balance. Keep three columns in a budget: eligible bonus, trader share and trading credit. Personal onboarding and country checks still apply; absence of Vietnam from the reviewed exclusions is not pre-approval.
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Sources and scope
Sources are provider publications. Conditions may vary by entity, country, account and program. Recheck before signing up.