Simulated trading. Substantial risk of loss.

Full disclosures
ONYX

26 articles

All sections/Going live

What changes once you are live

None of the firm's evaluation rules are left. The market's rules and the documentation you signed are what remain.

On the live account

Consistency rule
None
Daily loss limit
Yours only
Minimum trading days
None
Cap on what you take out
None
Minimum days between withdrawals
None
Overnight and weekend holds
Permitted
Scalping
Permitted
Automated and algorithmic trading
Permitted
News release restriction
None
Activation or setup fee
$0
Your share
90%

The product, commission and contract rules in collection 5 still apply, because they are about what the broker and the exchange allow rather than about proving anything. So do the risk standards in collection 6.

3.5

Where the documentation you sign differs from this rule book, that documentation governs your live account.

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.