Trading Rules
Complete Rule Set.
No Surprises.
Every rule for every phase, clearly explained. Read this before you start your evaluation.
Last updated: April 2026
Quick Summary
The most important things to know across both phases at a glance.
What makes ONYX different: No daily loss limit during evaluation. EOD drawdown only — calculated at close, never intraday. No time limit on evaluations. Up to 10 accounts.
Drawdown Type
How your max loss is calculated
EOD Trailing Only
Calculated at market close. Intraday dips that recover by close do not fail the account.
Consistency Rule
Profit distribution requirement at payout
40% Max Single Day
No single day may exceed 40% of total profits at time of payout request. Applies on funded accounts.
Daily Loss Limit (Eval)
Max you can lose in one day
None
No DLL during evaluation. Your only limit is EOD trailing drawdown.
Minimum Trading Days
Days required before eval can be passed
3 Days
Must trade at least 3 days. No maximum time limit.
Min Hold Time
Shortest a trade can be open
2 Minutes
All trades must be held at least 2 minutes. No tick scalping.
News Trading
Major economic release rule
Exit 2 Min Before
Close all positions at least 2 minutes before FOMC, NFP, CPI, and other tier-1 releases.
Profit Split (Diamond)
Your share of funded profits
80% to Trader
You keep 80%. ONYX takes 20%.
Payout Frequency
How often you can withdraw
Weekly
Request a payout once per week. Processed within 3–5 business days.
Max Simultaneous Accounts
Total active accounts allowed
10 Accounts
Hold up to 10 evaluation or funded accounts at once. Each purchased and passed independently.
Account Sizes All Phases
Choose from 25K to 150K. Two pricing paths — No Activation Fee or With Activation.
| Size | Monthly | Profit Target | EOD Drawdown | Max Contracts | Min Days | Reset |
|---|---|---|---|---|---|---|
| 25K | $99/mo | $1,500 | $1,500 | 3 (Micros ×10) | 3 | $79 |
| 50K | $149/mo | $3,000 | $2,000 | 6 (Micros ×10) | 3 | $119 |
| 100K | $199/mo | $6,000 | $3,000 | 12 (Micros ×10) | 3 | $159 |
| 150K | $269/mo | $9,000 | $5,000 | 15 (Micros ×10) | 3 | $199 |
Which path? Choose With Activation if you expect to pass quickly — lower monthly cost, $85 only when funded. Choose No Activation Fee for zero surprise costs when you pass.
Evaluation Rules Phase 1 — Sapphire
Rules that apply during your Sapphire evaluation account. Pass these to qualify for a Diamond funded account.
The short version: Hit your profit target over a minimum of 3 trading days without breaching EOD trailing drawdown. No daily loss limit. No time pressure. Just trade.
Profit Target
Net profit required to pass
See size table above
$1,500 to $9,000 depending on account size. Net of commissions and fees.
Minimum Trading Days
Days with at least one trade
3 Days
Must complete at least 3 trading days before the evaluation can be passed. No maximum time limit.
EOD Trailing Drawdown
Your max loss threshold
Never breach at close
Trailing drawdown updates once per day at market close. Intraday dips that recover before close do NOT fail the account.
Daily Loss Limit
Max intraday loss allowed
None
No daily loss limit during evaluation. Your only hard limit is the EOD trailing drawdown at close.
Min Hold Time
Minimum trade duration
2 Minutes
All trades must be held open for at least 2 minutes. Tick scalping and rapid-fire entries under 2 minutes are prohibited.
News Trading
Economic release rule
Exit 2 min before
Close all open positions at least 2 minutes before FOMC, NFP, CPI, PPI, FOMC minutes, and other tier-1 releases.
Contract Limits
Max contracts at any time
Never exceed limit
Do not exceed your account's max contract limit at any time. 1 standard contract = 10 micro contracts toward your limit.
Overnight / Weekend Holds
Holding after market close
Allowed
Positions may be held overnight and over the weekend. EOD drawdown is calculated at each market close.
Automated / Algo Trading
Bots and automated strategies
Allowed
Automated strategies are permitted. Your algo must respect all rules including the 2-minute hold time and news exit rule.
Time Limit
How long you have to pass
No Limit
Your subscription renews monthly and keeps your evaluation active indefinitely. Take as long as you need.
Resets
What happens if you breach drawdown
Purchase a reset
If you fail, purchase a reset at the published price. All subsequent resets are 50% off the standard reset price.
Diamond Account Rules Phase 2 — Funded
Rules that apply once you're funded. A few additional guardrails activate to protect the account long-term.
Key changes from evaluation: A daily loss limit and consistency rule activate on funded accounts. EOD drawdown remains — no intraday trailing on funded accounts.
Profit Split
Your share of profits
80% to Trader
You keep 80% of all net profits. ONYX takes 20%.
EOD Drawdown
Max loss threshold
Same as evaluation
EOD trailing drawdown continues on funded accounts. Still calculated at close only — not intraday.
Daily Loss Limit
Max loss in one day
50% of drawdown limit
Example: 50K account ($2,000 drawdown) → $1,000 DLL. Hitting DLL pauses trading for the day. Account is NOT failed.
Consistency Rule
Max single day profit at payout
40% max single day
At time of payout, no single day may exceed 40% of total net profit since last withdrawal.
Min Hold Time
Minimum trade duration
2 Minutes
Same as evaluation. All trades must be held at least 2 minutes.
News Trading
Economic release rule
Exit 2 min before
Same as evaluation. Exit all positions at least 2 minutes before tier-1 economic releases.
Weekly Activity Requirement
Minimum trading frequency
1 trade per week
Funded accounts must have at least one trade per calendar week (Sun–Fri) to remain active. Inactive accounts suspended after 2 consecutive weeks.
Overnight / Weekend Holds
Holding after close
Allowed
Positions may be held overnight and over the weekend on funded accounts.
Max Simultaneous Accounts
Total funded accounts allowed
Up to 10
Hold up to 10 funded accounts simultaneously. Each account purchased and passed independently.
Payout Rules Diamond Only
Everything you need to know about requesting and receiving profits from your Diamond account.
Payout Frequency
How often you can request
Once per week
Submit one payout request per week. Processing takes 3–5 business days.
Minimum Payout
Smallest amount you can withdraw
$300
Minimum payout request is $300. Requests below this amount will not be processed.
Maximum Per Request
Max withdrawal by account size
Per Account Size
25K → $1,500 · 50K → $2,000 · 100K → $3,500 · 150K → $4,500. No lifetime cap — request weekly once eligible.
Buffer Requirement
Balance needed before first payout
Full drawdown above starting balance
Account must be at least the full drawdown amount above starting balance before first payout (25K=$1,500 · 50K=$2,000 · 100K=$3,500 · 150K=$4,500).
Min Winning Days
Before first payout request
5 Winning Days
Your funded account must have at least 5 profitable trading days (≥$200 each) before submitting your first payout request.
Consistency Check at Payout
Applied when you request
40% max single day
At time of request, no single day may exceed 40% of total net profits since your last payout.
Rule Compliance Required
Account status at payout
Full compliance
Account must be in full compliance with all trading rules. Open violations will delay or block payout processing.
Allowed Instruments Both Phases
ONYX is futures-only. All major CME Group markets supported. Micro contracts = 1/10th of a standard contract toward your limit.
📈 Equity Index
ES, NQ, YM, RTY
Micros: MES, MNQ, MYM, M2K
🛢️ Energy
Crude Oil (CL), Natural Gas (NG)
Micro Crude (MCL)
🥇 Metals
Gold (GC), Silver (SI), Copper (HG)
Micro Gold (MGC)
💵 Currencies
6E, 6B, 6J, 6A, 6C, 6S
Euro, GBP, Yen, AUD, CAD, CHF
🌽 Agriculture
Corn (ZC), Soybeans (ZS), Wheat (ZW)
Lean Hogs (HE), Live Cattle (LE)
📊 Interest Rates
Treasury Bonds (ZB), 10-Yr (ZN)
5-Yr (ZF), 2-Yr (ZT)
Not allowed: Stocks, stock options, spot forex, cryptocurrencies, CFDs, or any instrument not listed as a CME/CBOT/NYMEX/COMEX futures contract. Trading prohibited instruments results in immediate account termination with no refund.
Prohibited Activity Both Phases
These violations result in immediate account termination with no refund. No warnings. No appeals on clear violations.
- ✗Exceeding contract limits — Going over your account's max contract size at any time. 1 standard = 10 micros toward your limit.
- ✗Trading prohibited instruments — Stocks, options, spot forex, crypto, CFDs, or any non-CME futures instrument.
- ✗Holding through news — Failing to close all positions at least 2 minutes before a scheduled tier-1 economic release.
- ✗Tick scalping — Entering and exiting trades in under 2 minutes. All positions must be held a minimum of 2 minutes.
- ✗Latency arbitrage — Any strategy exploiting price feed delays, quote stuffing, or system latency.
- ✗Account sharing — Allowing another person to trade your account or sharing your login credentials with anyone.
- ✗Cross-account copying — Using a trade copier to mirror trades across your own ONYX accounts to manipulate or inflate performance.
- ✗Exploiting system errors — Taking advantage of platform bugs, pricing errors, or technical issues to generate artificial profits.
- ✗All-or-nothing sizing — Placing your full maximum contract allocation into a single trade with no risk management structure.
- ✗Chargebacks without contacting support — Initiating a payment dispute with your bank or PayPal without first emailing support@onyx-futures.com. This is a material breach and results in a permanent ban.
- ✗Funded account inactivity — Failing to place at least one trade per calendar week on a Diamond account. Accounts suspended after 2 consecutive inactive weeks.
Glossary
Key terms explained simply.
EOD Trailing Drawdown
End-of-Day trailing drawdown. Your max loss threshold updates once per day at market close, based on your highest closing balance. Intraday dips below the threshold that recover before close do not fail the account.
Daily Loss Limit (DLL)
Max you can lose in a single session. On ONYX funded accounts this is 50% of your EOD drawdown. Hitting DLL pauses trading for the day — it does not fail the account.
Consistency Rule
A payout rule on funded accounts. No single trading day may represent more than 40% of total profits at time of payout request.
Buffer Requirement
Minimum profit threshold before your first payout. Account must be at least the full drawdown amount above starting balance (25K=$1,500 · 50K=$2,000 · 100K=$3,500 · 150K=$4,500).
Sapphire Account
ONYX's evaluation account. Trade in a simulated environment and hit your profit target while following the rules to qualify for a Diamond funded account.
Diamond Account
ONYX's funded account. Awarded after passing the Sapphire evaluation. Trade with firm capital and withdraw 80% of profits weekly.
Micro Contracts
Micro futures (MES, MNQ, etc.) are 1/10th the size of a standard contract. Your contract limit counts 10 micros as 1 standard contract.
Reset
If you breach EOD drawdown during evaluation, your account fails. Purchase a reset to restart with a fresh account at the same size. All subsequent resets are 50% off.
Ready to Start?
EOD drawdown only. No daily loss limit. Weekly payouts. Starting from $59/mo.
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