ONYX Futures

Onyx Futures is a US futures prop firm run by Onyx Futures LLC, registered in Illinois. It sells simulated futures evaluations on CME, COMEX, NYMEX, and CBOT contracts, funded through Rithmic. Every account uses end-of-day trailing drawdown, meaning your risk limit only moves at the daily close instead of following you tick by tick. The site launched in 2026 and publishes its full rule set in a public knowledge base rather than burying it in a PDF, which is rare enough among newer firms to be worth noting on its own. See the full FundedTrading prop firm directory for how it stacks up against the rest of the futures field.

There is more than one company using "Onyx" in the trading space. Onyx Futures LLC (onyx-futures.com) is the subject of this review. Onyx Trading (onyxtrading.io) is a separate AI-marketed prop firm, and Onyx Trading Education (onyxtradingeducation.com) is an unrelated trading mentorship brand out of Australia. If you searched "Onyx" and landed somewhere else, check the URL before you buy.

Onyx runs four account types on the standard track, all in four sizes from 25K to 150K. Sapphire is the two-phase evaluation. Diamond is the funded account you get after passing Sapphire. Flex is a one-step evaluation with looser funded rules. Direct skips the evaluation and funds you immediately, in exchange for a tighter drawdown and a lower flat split.

Sapphire and Flex share the same profit targets and drawdown by size, they differ mainly in minimum trading days and what happens once you are funded.

Onyx Direct uses a tighter drawdown at the same four sizes: $1,000 on 25K, $1,500 on 50K, $2,000 on 100K, and $3,000 on 150K. No profit target applies since Direct skips the evaluation entirely. You can run up to 10 accounts of any type at once, each bought and passed on its own.

End-of-day trailing drawdown

Onyx calculates your drawdown threshold once per day at the close, based on your highest closing balance, and it never moves intraday. On a 25K account with a $1,000 drawdown, your floor starts at $24,000. Close a day at $26,500 and the floor trails up to $25,500. If you dip intraday but close back above the floor, nothing happens. Most prop firms trail drawdown tick by tick, so a single wick can end an account that would have survived to the close. Onyx's model gives more room to recover from an intraday spike. See how drawdown rules work across prop firms for the wider comparison.

Daily loss limit

Whether a daily loss limit applies depends entirely on account type. Sapphire has none. Flex has none, ever, evaluation or funded. Diamond funded accounts cap the day at 50% of the EOD drawdown, so a 50K Diamond account pausing at $1,000 in a day does not fail, it just stops trading until the next session. Direct is the strictest: 30% of its tighter drawdown, always active, on every size.

Consistency rule

No single trading day can represent more than a set share of your total profit. Sapphire and Diamond cap it at 40%. Direct caps it at 25%, the tightest on the roster. Flex applies a 50% cap during the evaluation only and drops the rule entirely once funded, which is the single biggest structural advantage Flex has over Diamond for anyone whose edge comes from a handful of big trading days rather than steady grinding. Onyx's own live pricing widget currently shows this as 52% instead of 50%, and a 0-day minimum instead of the 5 days stated in the Flex rules article. Confirm the number that actually applies before you buy.

Every Onyx account trades on Rithmic execution with live CME data. Onyx offers three of its own front ends: Tradara for raw execution speed, TradeSea for charting plus execution in one screen, and Volumetrica DeepCharts for order flow and footprint analysis. Any other Rithmic-compatible platform works too, including R|Trader Pro, NinjaTrader, Sierra Chart, MultiCharts, and ATAS.

Tradable instruments are exchange-listed futures and their micros on CME, COMEX, NYMEX, and CBOT: the equity indices (ES, NQ, YM, RTY and their micros), energy (CL, NG), metals (GC, SI, HG), the six major currency futures, agricultural contracts (corn, soybeans, wheat, hogs, cattle), and the interest rate curve (2, 5, and 10-year notes plus bonds). Stocks, options, spot forex, crypto, and CFDs are not permitted anywhere on the platform, and trading them ends the account immediately.

News trading is allowed with a flatten rule: close every position at least two minutes before scheduled tier-1 releases like FOMC, NFP, CPI, PPI, and FOMC minutes. Hedging, in any form, across any of your accounts, is a listed violation.

Onyx markets "payouts approved in under 24 hours, or we add $300." Read that literally: it covers approval, not the money landing in your account. Onyx's own knowledge base states that approved payouts are processed within 3 to 5 business days, and you can only submit one payout request per week. Budget for the 3 to 5 day window, not the 24-hour headline.

The minimum payout is $300 on every account type. Before your first payout on Diamond or Flex, your balance has to clear your starting balance plus your full drawdown amount ($26,500 on a 25K account, for example). Before every payout after that, you need at least 5 profitable trading days of $200 or more since your last withdrawal, and the counter resets each time you get paid.

"Up to 100%" is real, but only on requests under $1,000. On a 25K account, the per-request cap is $1,500, so every payout you take on that size falls in the 90% band. Bigger requests on bigger accounts drop to 80%. Direct pays a flat 80% regardless of size, no tiers.

Express to Live is a separate product from the Sapphire/Diamond/Flex/Direct track, and it is sized differently: you pick a drawdown amount ($1,000, $1,500, $2,000, or $3,000) rather than an account balance. Pass a single 7-day evaluation, build a short profit buffer on the same account, and Onyx hands you a live account with daily payouts and no consistency rule.

The one rule unique to this track is a daily cap set to your target divided by seven, active only during the evaluation. Beat it on a big day and your target rises to match, so a strong session is never wasted. Once you clear the evaluation and the buffer, the cap disappears entirely: no consistency rule, no payout ceiling, daily payouts, and an 85% split on everything you make. Resets cost a flat $99 at any size. You can run up to 6 Express to Live accounts at once, capped by combined drawdown rather than combined balance.

Onyx Futures LLC is registered in Illinois and discloses its CFTC Rule 4.41 simulated-trading status upfront, which is standard and required language, not a red flag. As of this review, Onyx carries a 4.4 out of 5 Trustpilot score from 13 reviews, 92% of them five stars, with 12 of the 13 posted in the last 12 months. That is consistent with a firm that only recently launched: reviewers describe it as "brand new," praise fast support responses and the TradeSea dashboard, and flag a few early bugs that got fixed quickly. One reviewer's mention of "monthly" pricing conflicts with Onyx's own repeated one-time-fee claim. Treat that as a point of reader confusion rather than a confirmed billing practice, since the site is explicit and consistent about one-time pricing everywhere else.

What is missing is independent corroboration: no dedicated Reddit thread turned up during this review, and PropFirmMatch currently lists only a "firms that use Onyx" broker page, not a firm-specific due diligence writeup for Onyx Futures itself. That is not a mark against Onyx specifically. It is simply what "new firm" looks like before the trader community has had time to generate a real paper trail. See how to tell if a prop firm is legitimate for the checklist we use on every review.

If Onyx's newness is the sticking point, these futures-only firms carry more operating history behind similar mechanics.

TradeDay is the closest structural match, since it also offers a choice of drawdown type and a fast payout path without a funded consistency rule. Savius is the better pick if Onyx Direct's instant-funding model appeals to you but you want a decade of history behind it instead of months. See the full prop firm comparison tool to run the numbers side by side.

Onyx Futures earns a 3.9 out of 5. The end-of-day drawdown, the one-time fee, and the sheer completeness of the public rule book put it ahead of a lot of firms twice its age on transparency alone, and Flex in particular is a genuinely trader-friendly funded product once you clear the evaluation. The score stays under 4 because the firm is untested at scale: 13 reviews is not a sample size, there is no independent payout thread to check against the marketing, and two of the headline claims (the split, the payout speed) need the fine print to be accurate rather than misleading. Traders who read the rule book before buying will know exactly what they are getting. Traders who only read the homepage might be surprised by the 3 to 5 day payout window or the 90% split on a 25K account.