Simulated trading. Substantial risk of loss.

Full disclosures
ONYX

26 articles

All sections/Getting started

What ONYX is, and what you get

One evaluation, and then a live account at a real broker in the firm's name.

ONYX sells one thing. You take one evaluation on a $100,000 account. Pass it, and the firm opens a live account at a real broker in its own name and hands it to you. There is no buffer, no interim stage, and no second test.

One phase

1.1

There is one phase. Pass the evaluation and you are called up to a live account.

There is the evaluation, and there is live. Passing the evaluation is what creates the live account. Nothing sits between the two.

1.2

The consistency rule applies in the evaluation only. It is gone the moment you pass.

1.3

There is no forced daily loss limit on the live account, and no cap on what you take out of it.

Not answered here? A person will tell you.

EMAIL SUPPORT

This 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.