Phidias LIVE transition: five payouts or $100K is eligibility
Current Fundamental/Premium rules use five successful payouts or $100,000 cumulative profit for LIVE consideration. They expressly replace the older three-payout/$75,000 wording. Neither current milestone guarantees a LIVE account.
Identify the route first
Fundamental and Premium move from evaluation to simulated CASH. LIVE uses real company funds and is a separate risk decision. Express to Live has its own conversion mechanism, so counting its events as ordinary Fundamental payouts produces the wrong eligibility total.
Sources for this section
Official programme, eligibility or contract source Official programme, eligibility or contract source Official programme, eligibility or contract source
Diagram explained
Eligibility is not guaranteed LIVE access
- Old: 3 payouts / $75,000
- Current: 5 payouts OR $100,000
- Final decision: risk team
Keep old numbers out of the tracker
The current rules explicitly call three payouts/$75,000 an old threshold. An independent trader with four successful Fundamental payouts and $60,000 cumulative profit has reached neither current test. The fifth successful payout may establish consideration, not an automatic activation date.
Sources for this section
E2L results do not combine
E2L payouts and bonuses do not count toward the Fundamental/Premium LIVE thresholds. Keep a separate ledger by programme, payout status and cumulative profit. Pending requests should not be relabelled successful payouts merely to meet a milestone.
Sources for this section
A risk review remains
The risk team retains discretion over final LIVE access. Verify personal eligibility and the actual proposed LIVE contract before treating a programme milestone as a capital allocation. Website registration and a CASH balance do not establish brokerage custody or investor protection.
Your next step
Sources and scope
Sources are provider publications. Conditions may vary by entity, country, account and program. Recheck before signing up.