A lower-cost entry to prop-firm buying power. Discretionary trading by Phil Cap.
Phil Cap offers a structured route to prop-firm buying power with a lower upfront capital commitment than funding a comparable futures brokerage account yourself. You choose a package; Phil Cap makes and executes the discretionary trading decisions, manages the evaluation and funded-account stages, and tracks performance within the applicable risk and payout rules. You follow the account’s progress through your private dashboard. Evaluation success, profits and payouts are not guaranteed.
From evaluation to first payout
A 44-second walkthrough with a fictional client, David.
Demo with a fictional client. Illustrative sample results, not guaranteed.
Two routes to the same market
Self-funded brokerage route
• Personal money is deposited with the broker.
• The trader must satisfy initial and maintenance margin requirements.
• Every loss is absorbed by the trader's own capital.
• Increasing the account size generally requires exposing more personal money.
• A smaller initial fee provides access to an evaluation process.
• The trader must meet profit targets and respect strict drawdown rules.
• Passing may unlock funded-account buying power.
• Eligible profits may lead to payouts under the firm's rules.
• The funded-account amount is not cash deposited into a personal account.
How the Phil Cap process works
From package selection to eligible payouts, every stage follows a structured process focused on transparency, risk control and account longevity.
01
Purchase Your Package
Choose Starter, Growth, Scale, Elite, Ultra or a Custom plan based on your objectives.
02
Pass the Evaluation Phase
Phil Cap trades within the relevant prop-firm rules to pursue the evaluation profit target.
03
Build the Initial Buffer
Once the account is funded, the first objective is to create a safety buffer that helps protect the account from its drawdown limit.
04
Generate Eligible Payouts
When the account satisfies the applicable payout rules, eligible payouts may be requested and recorded.
05
Repeat the Process
Continue the same disciplined process while protecting the account, monitoring performance and respecting the relevant rules.
The process repeats with each new account cycle.
01
Purchase Your Package
Choose Starter, Growth, Scale, Elite, Ultra or a Custom plan based on your objectives.
02
Pass the Evaluation Phase
Phil Cap trades within the relevant prop-firm rules to pursue the evaluation profit target.
03
Build the Initial Buffer
Once the account is funded, the first objective is to create a safety buffer that helps protect the account from its drawdown limit.
04
Generate Eligible Payouts
When the account satisfies the applicable payout rules, eligible payouts may be requested and recorded.
05
Repeat the Process
Continue the same disciplined process while protecting the account, monitoring performance and respecting the relevant rules.
Track every stage from your custom dashboard
Follow your evaluation status, account progression, buffer, P&L and payout history from your private Phil Cap dashboard.
Phil Cap
Welcome, Clientfunded
Growth package · Active · Last updated Jun 24, 2026
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Phil Cap status
Currently trading
Funded balance
$3,800.00
Current MLL floor
$0.00
Total payouts received
$0.00
Package payouts
0 / 3
Next payout objective
$4,000.00
Funded balance vs. MLL floor
Daily P&L
Illustrative preview of the client dashboard. Figures are sample data; your dashboard shows your own account.
Capacity Milestones
26 / 5024 places remaining in the Expansion
The Founding Cohort has completed all 3 included payouts, and capacity has reopened for the Expansion phase.
How each phase works
1Enrol
Clients are accepted until the phase's active client threshold is reached.
2Close
At the threshold, new applications temporarily close.
3Complete
The fund stays closed until every client in the cohort has received all three included payouts.
4Reopen
Once the cohort is fully paid, applications reopen for the next capacity phase, where one has been defined.
Roadmap
Completed
25 clients
Founding Cohort
Current — enrolling
50 clients
Expansion
Upcoming
100 clients
Scale
Earlier entry tiers are reserved for earlier capacity phases and may close permanently as Phil Cap's operational capacity expands. Phases advance only when the operating conditions above are met; no timing, payout or profit is guaranteed.
The capital-efficiency difference
The economic advantage is not that a small fee automatically creates profit. It is that a defined package fee may provide a pathway to substantially larger notional buying power than an equivalent self-funded brokerage deposit — subject to passing the relevant evaluation and continuing to respect drawdown, consistency and payout rules.
The objective is to increase access to buying power without increasing personal-capital exposure by the same proportion.
Structure before scale
Defined risk
Know the loss limits before taking a trade.
Capital efficiency
Keep direct personal-capital exposure controlled.
Consistency
Prioritize repeatable execution over one exceptional day.
Transparency
Track P&L, drawdown, progress and payouts clearly.