How ONYX Works
Simple, transparent rules for evaluations, funded accounts, and payouts.
- Minimum Trading Days: 2 trading days.
- Consistency: 50% consistency (profits not from one oversized day).
- News: Allowed during evaluation.
- Resets: Available for Sapphire evaluations. 50% off after the first reset.
- Max Allocation / Accounts: Total allocation up to $450,000, max 5 accounts.
- Drawdown: End-of-Day (EOD) trailing drawdown applies.
- Prohibited: No bots/algos; manual trading only.
- Promotions: Discount points, leaderboards, and an occasional one-week promo to pass within 5 consecutive trading days with no activation fee.
Evaluation Targets (Sapphire)
Account Size | Profit Target |
---|---|
25K | $1,500 |
50K | $3,000 |
100K | $6,000 |
150K | $9,000 |
Max Position Sizing (Sapphire)
Account Size | Max Contracts | Micros |
---|---|---|
25K | 3 | 30 |
50K | 5 | 50 |
100K | 8 | 80 |
150K | 12 | 120 |
Drawdown Model: EOD trailing — adjusts once daily at market close based on closed P&L only.
- Accepted Products: CME, CBOT, NYMEX, COMEX.
- Trading Window: 6:00 PM ET – 5:00 PM ET. No holding into the next session.
- Hedging: Allowed across multiple accounts.
- Inactivity: 10 trading days of inactivity forfeits the account.
- Winning Days: Minimum 4 winning days per payout (≥ $150 counts as winning).
- News: Not permitted during major releases (see Diamond News below for examples).
- Drawdown: EOD trailing; breach results in termination.
- Prohibited: No bots/algos; manual trading only.
- Max Allocation / Accounts: Up to $450,000, max 5 accounts.
- Resets: Diamond accounts are not resettable. (Resets apply to Sapphire evaluations only.)
- Promotions: Leaderboard and discount points may apply per firm policy.
- Profit Split (Diamond): 80% Trader / 20% Firm.
- Minimum Payout: $300.
- Buffer Requirement: Minimum account buffer must be maintained to request payout.
- After 4th Payout: Max payout increases to 75% of the required buffer.
Account Size | Buffer Requirement | Max Payout | Max After 4th Payout |
---|---|---|---|
25K | $1,500 | $750 | $1,125 |
50K | $2,500 | $1,250 | $1,875 |
100K | $4,500 | $2,250 | $3,375 |
150K | $6,000 | $3,000 | $4,500 |
Payouts are deducted from account balance subject to rules and verification.
Profit Targets
Account Size | Profit Target |
---|---|
25K | $1,500 |
50K | $3,000 |
100K | $6,000 |
150K | $9,000 |
Max Position Sizing
Account Size | Max Contracts | Micros |
---|---|---|
25K | 3 | 30 |
50K | 5 | 50 |
100K | 8 | 80 |
150K | 12 | 120 |
EOD Trailing Drawdown: Adjusts once per trading day at the close, based on closed profits only.
- Accepted Products: CME, CBOT, NYMEX, COMEX.
- Permitted Times: 6:00 PM ET – 5:00 PM ET; no holding into the next session.
- Consistency: 2 days minimum; 50% profit consistency.
- Hedging: Allowed across multiple accounts.
- Inactivity: 10 trading days of inactivity forfeits the account.
- Resets: Available; 50% off after the first reset.
- No Bots/Algos: Manual trading only.
- Limit Up/Down: You must avoid being in positions when exchange limits are reached. Reference CME price limits. Violations may result in immediate termination.
- Inactivity: Trade at least once per trading week (Mon–Fri). Contact support for exceptions.
- Consistency: Target increased to 75%.
Account Size Previously Now 25K $750 $1,125 50K $1,500 $2,250 100K $3,000 $4,500 150K $9,000 $6,750 - Drawdown: EOD trailing drawdown applies.
- News Trading: Exit all positions at least 10 minutes before major releases:
- FOMC statements/announcements (Wednesdays 2:00 PM ET)
- Non-Farm Payrolls (Fridays 8:30 AM ET, monthly)
- CPI (Consumer Price Index)
- Resets: Not available for Diamond accounts.
- CME price limits: cmegroup.com/trading/price-limits.html