The size you buy is your drawdown
It is a risk budget, not a deposit and not a balance. Every other limit is measured against it.
Every ONYX evaluation starts at $100,000. The number you choose when you buy is your drawdown: the most the account is allowed to lose. That is why the plans are named by the loss they allow rather than by a balance.
The equivalence shown beside each plan is an approximation of the account size another firm would put the same risk behind. It is there to make the plans comparable, and it is not an ONYX account balance.
The size you buy is your drawdown, not a deposit and not a balance.
Your drawdown is the only hard limit on the account. Every other limit is measured against it.
An account's size cannot be changed after purchase. Buy the size you want.
The four presets
| Drawdown | Plan | Roughly equivalent to |
|---|---|---|
| $1,000 | Starter | a 25k account elsewhere |
| $1,500 | Core | a 35k account elsewhere |
| $2,000 | Pro | a 50k account elsewhere |
| $3,000 | MAX | a 100k account elsewhere |
Custom sizes sit between the presets and carry the same rules.
Not answered here? A person will tell you.
EMAIL SUPPORTThis rule book is the plain language statement of the rules ONYX applies. Where it differs from the Terms of Use, or from the documentation you sign for a live account, that document governs.
The evaluation is simulated trading. No real capital and no real market execution are involved in it, and passing an evaluation does not guarantee placement: a live account is offered at the discretion of the firm and subject to broker approval. Trading futures and options carries a substantial risk of loss and is not suitable for every investor. Hypothetical performance results have inherent limitations, some of which are described under CFTC Rule 4.41.