Onyx Trader Review 2026: Is It a Good Prop Firm for Traders?
The Pros & Cons of Onyx Trader
- Profit split up to 90%.
- Instant funding available.
- Accounts from $5K to $300K.
- Platforms: MT4, MT5, cTrader.
- No time limits on trading.
- Quick payouts on demand.
- 24/7 customer support.
- Low spreads starting from 0.1.
- Scaling up to $2M capital.
- Trusted by traders worldwide.
- Challenge fee required to start.
- Daily and max loss limits apply.
- No broker account, simulated trading.
Prop Firm Detailed Information
| Overview | |
| Name | Onyx Trader |
| CEO | John Smith |
| Backed by | Onyx Capital |
| Account Size | $5K–$300K |
| Account Scale | Up to $2M |
| Profit Splits | Up to 90% |
| Broker-backed | No |
| US Trader | Allowed |
| Trading Requirements | |
| Minimum Trading Days | No minimum |
| Max Loss Limit | 2% daily, 5% total |
| Payout Frequency | On demand / Bi-weekly |
| Payout Cycle | 14 days |
| Own Proprietary Platform | No |
| Trading Conditions | |
| Platforms | MT4, MT5, cTrader |
| Instruments | Forex, Crypto, Indices, Commodities |
| Trading Hours | Flexible |
| Restrictions | |
| Copy Trading | Own Only |
| Grid Trading | Limited |
| Hedging Across Accounts | Not Allowed |
| High-Frequency Trading (HFT) | Not Allowed |
| Account Payout and Allocations | |
| Payout Method | Crypto, Bank, PayPal |
| Account Scaling | Up to $2M |
| Additional Information | |
| Educational Support | Webinars & Community |
| Customer Support | 24/7 |
| Geographical Availability | Global |
| Trustpilot Rating | 9.2/10 from 3K+ reviews |
What is Onyx Trader?
Onyx Trader is a proprietary trading firm offering simulated accounts for global traders. Traders can access capital and earn rewards based on performance. Accounts can scale up to $2M while keeping up to 90% profits.
Key Features of Onyx Trader
Instant Funding Option
Skip evaluation and start trading instantly with funded accounts.
Flexible Account Sizes
Choose from small accounts to large accounts up to $300K.
Evaluation Challenges
One-step, two-step, and three-step challenges available.
Multiple Trading Markets
Trade forex, crypto, indices, and commodities.
Popular Trading Platforms
Supports MT4, MT5, and cTrader platforms.
Fast Rewards
Request payouts quickly with high profit splits.
Trader Community
Webinars, giveaways, and an active trader community.
Unique Features that Set Onyx Trader Apart
- Instant Funding: Start trading immediately.
- Up to 90% Profit Split: Keep most profits.
- No Time Limits: Trade freely.
- Multiple Platforms: MT4, MT5, cTrader.
- Fast Rewards: Payout anytime.
- Scaling Plan: Grow up to $2M.
- Low Spreads: Starting from 0.1.
- Trader Webinars: Learn from pros.
- Global Traders: Join worldwide.
- Community Giveaways: Regular promotions.
Performance and Reliability of Onyx Trader
Offers stable trading conditions, modern platforms, and fast support. Trusted by thousands of traders globally.
Core Trading Approaches
Supports scalping, day trading, swing trading, and algorithmic trading with flexible rules.
Tips to Secure a Funded Account
- Follow Rules: Respect loss limits.
- Risk Management: Trade small per trade.
- Trade Consistently: Avoid emotions.
- Use Stop Loss: Protect capital.
- Stick to One Strategy: Be consistent.
- Avoid Overtrading: Focus on setups.
- Track Trades: Keep a journal.
- Stay Disciplined: Follow plan.
- Practice First: Test on demo.
- Stay Patient: Growth takes time.
Why Choose Onyx Trader?
- Instant Funding Options
- Up to 90% Profit Split
- Accounts up to $300K
- Scaling up to $2M
- Multiple Trading Platforms
- Fast Reward System
- No Time Limits
- Global Trader Community
- 24/7 Support
Grab Discount on Onyx Trader
Use Onyx Trader promo codes to reduce challenge fees, start cheaper, and access funded accounts faster.
