ONYX offers two product families: (1) three STANDARD TRACKS, each running Evaluation -> Funded -> Diamond (Diamond is the shared live program, coming soon), and (2) EXPRESS TO LIVE, a separate program that is live now and funds a real live-capital account. This article defines all four offerings and scopes every rule to the exact account family and type. Never generalize a rule across families; the standard tracks and Express to Live differ on nearly every dimension (see the Do Not Conflate table).
Two Product Families
Family | Offerings | Path | Availability | Funded environment | Sized by |
Standard tracks | Sapphire, Flex, Gold | Evaluation -> Funded -> Diamond (live, coming soon) | Evaluation and funded available now; Diamond coming soon | Funded stage is SIMULATED | Account balance (25K to 200K) |
Express to Live | Ruby-X, Platinum-X | Evaluation -> Buffer -> Live account | Live now | Live account is REAL LIVE CAPITAL (evaluation and buffer are simulated) | Drawdown / risk budget ($1,000 to $3,000) |
Express to Live is always written in full; never call it "ETL". Retired offerings that no longer exist: "Direct" (instant-funded) and "Diamond as a funded account". Diamond is only the standard tracks' shared coming-soon live stage and is NOT Express to Live.
Quick Comparison
Offering | Family | Evaluation stage | Funded / live stage | Drawdown type | Forced daily loss limit | Consistency rule |
Sapphire | Standard | Sapphire | Ruby (simulated funded) | End-of-day trailing, locks at starting balance | None | 40% eval + 40% at Ruby payout |
Flex | Standard | Flex | Flex Funded (simulated funded) | End-of-day trailing, locks at starting balance | None | 50% eval + NONE when funded |
Gold | Standard | Gold | Platinum (simulated funded) | Static floor, fixed, hard intraday level | None | 40% eval + 40% at Platinum payout (eval add-on can remove it for the eval only) |
Express to Live: Ruby-X | Express to Live | Simulated evaluation, then simulated buffer | Real live-capital account | End-of-day trailing that NEVER locks at breakeven | 40% of drawdown in eval and buffer; self-set when live | Daily cap in eval only (target/7 rounded up); none in buffer or live |
Express to Live: Platinum-X | Express to Live | Simulated evaluation, then simulated buffer | Real live-capital account | Static floor | 40% of drawdown in eval and buffer; self-set when live | Daily cap in eval only (target/7 rounded up); none in buffer or live |
Standard tracks: the three funded stages (Ruby, Flex Funded, Platinum) are simulated and all lead to Diamond, the shared live program, which is coming soon. Express to Live is a separate program and does not lead to Diamond.
Sapphire and Ruby (Standard track)
Stage names | Sapphire (evaluation) -> Ruby (simulated funded) -> Diamond (live, coming soon) |
Drawdown | End-of-day trailing. Updates once per day at close, never intraday. Trails up with the highest close and LOCKS once it reaches the starting balance, then never moves. Breaches only if the CLOSING balance is below the threshold. |
Drawdown amount by size | 50K $2,000, 100K $3,000, 150K $4,500. Optional checkout extend: 50K to $2,250. |
Profit target (net of commissions and fees) | 50K $3,000, 100K $6,000, 150K $9,000. (25K $1,200 target exists on Flex only; Sapphire has no 25K size.) |
Minimum trading days | 3 (a trading day = a day with at least 1 trade). No time limit, but 14 days with no trading breaches the evaluation. |
Forced daily loss limit | None. Optional personal daily loss limit up to your drawdown, enforced via Rithmic, off by default. |
Consistency | 40% during the Sapphire evaluation and 40% at each Ruby payout, measured against total net profit; losing days reduce it. |
Sizes | 50K, 100K, 150K. |
Full rules: Sapphire Evaluation Rules and Ruby Funded Account Rules.
Flex and Flex Funded (Standard track)
Stage names | Flex (evaluation) -> Flex Funded (simulated funded) -> Diamond (live, coming soon) |
Drawdown | End-of-day trailing, same mechanics as Sapphire: updates once per day at close, never intraday, trails up with the highest close, LOCKS at the starting balance, breaches only on a closing balance below the threshold. |
Drawdown amount by size | 25K $1,000, 50K $2,000, 100K $3,000, 150K $4,500. Optional checkout extend: 150K to $5,000. |
Profit target (net of commissions and fees) | 25K $1,200, 50K $3,000, 100K $6,000, 150K $9,000. |
Minimum trading days | 5 (a trading day = a day with at least 1 trade). No time limit, but 14 days with no trading breaches the evaluation. |
Forced daily loss limit | None. Optional personal daily loss limit up to your drawdown, off by default. |
Consistency | 50% during the Flex evaluation only. Flex Funded has NO consistency rule at all. |
Sizes | 25K, 50K, 100K, 150K. |
Full rules: ONYX Flex Rules.
Gold and Platinum (Standard track)
Stage names | Gold (evaluation) -> Platinum (simulated funded) -> Diamond (live, coming soon) |
Drawdown | Static floor. Fixed for the life of the account, never trails. Hard INTRADAY level: the account breaches the moment the balance touches the floor, intraday or at close. |
Drawdown amount by size | 50K $1,500, 100K $2,000, 150K $2,500, 200K $3,000. Optional checkout extend adds $250 per size (to 50K $1,750, 100K $2,250, 150K $2,750, 200K $3,250). |
Profit target (net of commissions and fees) | 50K $4,500, 100K $6,000, 150K $8,000, 200K $9,000. |
Minimum trading days | 3 (a trading day = a day with at least 1 trade). No time limit, but 14 days with no trading breaches the evaluation. |
Forced daily loss limit | None. Optional personal daily loss limit up to your drawdown, off by default. |
Consistency | 40% during the Gold evaluation and 40% at each Platinum payout. Gold has a checkout add-on that removes the consistency rule for the evaluation only (not for Platinum payouts). |
Sizes | 50K, 100K, 150K, 200K. Gold is the only standard track that offers a 200K size. |
Per-size specifications for all standard tracks: Account Sizes & Specifications.
Diamond (Standard live stage, coming soon)
Diamond is the shared live program that every standard funded stage (Ruby, Flex Funded, Platinum) leads to after funding. It is coming soon and not yet available. Diamond is a standard-track stage only; it is NOT the Express to Live program, and no standard funded account is a live-capital account (standard funded stages are simulated).
Express to Live (Ruby-X and Platinum-X)
Express to Live is a separate program, live now, with a different structure from the standard tracks. Path: buy one evaluation, pass it, build a buffer on the SAME account, then trade a real live-capital account. The evaluation and buffer are SIMULATED; only the Express live account is real live-capital trading. The two Express tracks differ by floor only: Ruby-X uses an end-of-day trailing floor that NEVER locks at breakeven (unlike standard Sapphire/Flex EOD, which locks at the starting balance), and Platinum-X uses a static floor.
Sizing | Size = your DRAWDOWN / risk budget, NOT an account balance. Available sizes: $1,000, $1,500, $2,000, $3,000. |
Evaluation stage (simulated) | Target = 2x drawdown. Minimum 7 trading days. Daily loss limit = 40% of drawdown ($400 / $600 / $800 / $1,200). Daily consistency cap = target/7 rounded up ($286 / $429 / $572 / $858), evaluation only. |
Consistency cap adjustments (eval) | If your best day beats the cap, the target rises to best day x 7. While in drawdown, the cap scales up to 3x. |
Buffer stage (simulated) | Target = 1x drawdown. No minimum trading days. No consistency rule. Daily loss limit = 40% of drawdown. |
Live account (real capital) | No consistency rule. No payout cap. DAILY payouts, $300 minimum, keep 85%. Daily loss limit is self-set. Activation fee $0. |
Contracts (mini / micro) | $1,000 = 1 / 10, $1,500 = 1 / 15, $2,000 = 2 / 20, $3,000 = 3 / 30. |
Accounts | Up to 6 active, capped by COMBINED drawdown of $6,000 (not by balance). Activation fee $0. A breach in the evaluation or buffer closes the account and is resettable. |
Full detail: Express to Live (Ruby-X and Platinum-X).
Do Not Conflate: Standard Tracks vs Express to Live
Dimension | Standard tracks (Sapphire, Flex, Gold) | Express to Live (Ruby-X, Platinum-X) |
Size means | Account balance, 25K to 200K | Drawdown / risk budget, $1,000 to $3,000 |
EOD floor behavior | Sapphire/Flex EOD LOCKS at starting balance (Gold is static, never trails) | Ruby-X EOD NEVER locks (Platinum-X is static) |
Forced daily loss limit | None forced in any phase (optional personal DLL only) | 40% of drawdown in evaluation and buffer; self-set when live |
Payouts | Weekly (one request per week), keep up to 100%, per-request caps apply | Daily, keep 85%, no payout cap |
Minimum evaluation days | 3 (Sapphire, Gold) or 5 (Flex) | 7 |
Max concurrent accounts | Up to 10 (up to 5 on the Gold track) | Up to 6, capped by combined drawdown of $6,000 |
Funded environment | Funded stage (Ruby, Flex Funded, Platinum) is SIMULATED | Live account is REAL live capital (eval and buffer simulated) |
Live program | Diamond, coming soon (not available) | Express live account, available now |
Activation fee | Sapphire has an activation option; Flex and Gold have no activation fee | $0 |
Sizes, Specifications, and Pricing
Sapphire sizes | 50K, 100K, 150K |
Flex sizes | 25K, 50K, 100K, 150K (25K is Flex only) |
Gold sizes | 50K, 100K, 150K, 200K (200K is Gold only) |
Express to Live sizes | $1,000, $1,500, $2,000, $3,000 (these are drawdowns, not balances) |
Contracts, standard tracks [standard (micros)] | 25K 3 (30), 50K 5 (50), 100K 8 (80), 150K 10 (100), Gold 200K 12 (120). 10 micros = 1 standard, one pooled limit. Commissions $0.10 per contract per side ($0.20 round turn). |
Billing, standard tracks | One-time fee, no subscription. Sapphire has an activation option (free upfront vs charged on pass); Flex and Gold have no activation fee. |
Billing, Express to Live | Activation fee $0. |
Each size has its own profit target, drawdown, and contract limit. See Account Sizes & Specifications. Pricing is set per account and is a one-time fee; see current pricing at onyx-futures.com.