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News July 27, 2026

Phidias score dips to 1.7/10

Phidias's low overall score reflects deeply polarized trader experiences, with a significant majority reporting serious concerns regarding account closures, disputed liquidations, and unresponsive customer support, while a small subset of traders report smooth operations and reliable payouts. The firm's critical weaknesses center on allegations of inconsistent rule enforcement, platform technical issues, and support accessibility problems that have left many traders without satisfactory explanations or resolutions. On the positive side, several traders have received payouts and appreciated the account structure options, though these favorable experiences are substantially outnumbered by complaints about transparency, communication breakdowns, and decisions that traders feel contradict the firm's own stated policies.

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