Simulated trading. Substantial risk of loss.

Full disclosures
ONYX

26 articles

All sections/Risk and enforcement

Prohibited activity

The violations that close an account on sight, with no warning and no appeal.

ViolationApplies
Account sharing, or sharing your credentialsEverywhere
Latency arbitrage or quote stuffingEverywhere
Exploiting a system error, platform bug or pricing errorEverywhere
Trading a prohibited instrumentEverywhere
Trading over your contract limitEverywhere
Hedging, in one account or across severalEverywhere
Automated or algorithmic tradingEvaluation
Overnight or weekend holdsEvaluation
Holding through a tier one releaseEvaluation

If you are unsure whether a specific strategy is permitted, ask support before you trade it, not after.

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.