Trading Rules

Every rule, every phase, and exactly what it takes to get paid

1

Evaluation

One target. Zero deadlines.

Profit Target

Hit the profit target and the account moves up to Funded. No clock ticking, no required day count.

Profit Target

Strix 100K12% ($12,000)
Strix 50K12% ($6,000)
Strix 25K12% ($3,000)
Strix 10K12% ($1,200)
Express 100K8% ($8,000)
Express 50K8% ($4,000)
Express 25K8% ($2,000)
Express 10K8% ($800)

Deadline

Strix 100KNone
Strix 50KNone
Strix 25KNone
Strix 10KNone
Express 100KNone
Express 50KNone
Express 25KNone
Express 10KNone

Drawdown

The drawdown floor trails upward behind your equity peak. Touch the floor and the account is closed.

Strix Plan floors recalculate once per day at the close (End of Day). Express Plan floors follow your peak in real time (Intraday).

End of Day versus Intraday only controls how often the floor moves UP behind a new peak. On every plan the floor itself is watched in real time through the session, so a breach is recorded the moment your equity crosses it, intraday, not only at the close.

Trailing Drawdown

Strix 100K6% ($6,000)
Strix 50K6% ($3,000)
Strix 25K6% ($1,500)
Strix 10K6% ($600)
Express 100K3% ($3,000)
Express 50K3% ($1,500)
Express 25K3% ($750)
Express 10K3% ($300)

Floor Update

Strix 100KEnd of Day
Strix 50KEnd of Day
Strix 25KEnd of Day
Strix 10KEnd of Day
Express 100KIntraday
Express 50KIntraday
Express 25KIntraday
Express 10KIntraday

Consistency

No Evaluation Consistency rule, on either plan. Nothing caps how much of your Evaluation profit comes from a single trading day, so one strong session can carry you straight to the target.

Accounts bought before 11 September 2026 at 5:35 PM ET (21:35 UTC) keep the rules they were sold. On a Strix Plan account from that period, one day still can't be more than 30% of total Evaluation profit. Express accounts never carried the rule. Your account's own page shows the requirement it is held to.

Consistency Cap

Strix 100KNone
Strix 50KNone
Strix 25KNone
Strix 10KNone
Express 100KNone
Express 50KNone
Express 25KNone
Express 10KNone

Bought Before 11 September 2026 at 5:35 PM ET (21:35 UTC)

Strix 100KMax 30%
Strix 50KMax 30%
Strix 25KMax 30%
Strix 10KMax 30%
Express 100KNone
Express 50KNone
Express 25KNone
Express 10KNone

Evaluation Redemption

The Strix Plan only. A drawdown breach during Evaluation does not have to end your run: purchase a Redemption and the same account keeps trading. Each Evaluation purchase includes one use.

The Redemption sets your account value back to the max drawdown level and adds +1.5% of fresh drawdown room on top. Every other rule carries on unchanged. Not offered on the Express Plan.

Offered

Strix 100KYes
Strix 50KYes
Strix 25KYes
Strix 10KYes
Express 100KNo
Express 50KNo
Express 25KNo
Express 10KNo

Price

Strix 100K$39
Strix 50K$39
Strix 25K$39
Strix 10K$39
Express 100KN/A
Express 50KN/A
Express 25KN/A
Express 10KN/A

Added Drawdown Room

Strix 100K+1.5% ($1,500)
Strix 50K+1.5% ($750)
Strix 25K+1.5% ($375)
Strix 10K+1.5% ($150)
Express 100KN/A
Express 50KN/A
Express 25KN/A
Express 10KN/A
2

Funded

Follow the rules. Bank payouts.

Drawdown

Activating your Funded account resets the trailing drawdown. The floor keeps trailing your peak until the floor itself reaches the lock balance, and from that point it holds still.

Touching the floor in Funded closes the account. Redemptions are not offered at this stage.

Trailing Drawdown

Strix 100K6% ($6,000)
Strix 50K6% ($3,000)
Strix 25K6% ($1,500)
Strix 10K6% ($600)
Express 100K3% ($3,000)
Express 50K3% ($1,500)
Express 25K3% ($750)
Express 10K3% ($300)

Floor Update

Strix 100KEnd of Day
Strix 50KEnd of Day
Strix 25KEnd of Day
Strix 10KEnd of Day
Express 100KIntraday
Express 50KIntraday
Express 25KIntraday
Express 10KIntraday

Locks At

Strix 100K$100,000
Strix 50K$50,000
Strix 25K$25,000
Strix 10K$10,000
Express 100K$100,000
Express 50K$50,000
Express 25K$25,000
Express 10K$10,000

Payouts

80% of the profits are yours, and the firm keeps 20%.

A single payout can draw up to 50% of profits, and is limited by the cap attached to that payout number.

Each payout cycle has to contain 8 qualifying winning days before you can request. A qualifying day is a trading day that closes with realized profit at or above your plan's floor, listed below; open positions do not count until you close them.

Those 8 days do not have to be consecutive. The cycle keeps a running tally, so a losing day, a flat day, a green day under the floor, or a day you sit out never resets it and never takes a day back. What empties the tally is the cycle closing, and a cycle closes on a payout that is paid and on a payout that is rejected — either way the next cycle opens at zero, dated from the moment that request went in. Withdrawing a request yourself closes nothing and costs you no days.

Accounts bought before 11 September 2026 at 5:35 PM ET (21:35 UTC) are not held to this count and have no per-day floor. They keep the Max Daily Gain rule they were sold, below — and that share carries its own minimum, because one winning day is 100% of its own cycle: a cycle needs at least 4 winning days on the Strix Plan and 2 on the Express Plan before the figure can come in under the cap.

The funded activation fee is a single upfront charge at activation, so nothing is ever deducted from your payouts. And once you have taken your first payout, your balance at request time must sit at least $1 above the balance you last requested a payout at, less any amount your payout cap prevented you from taking, up to the size of that payout.

Profit Share

Strix 100K80 / 20
Strix 50K80 / 20
Strix 25K80 / 20
Strix 10K80 / 20
Express 100K80 / 20
Express 50K80 / 20
Express 25K80 / 20
Express 10K80 / 20

Max Per Payout

Strix 100K50% of profits
Strix 50K50% of profits
Strix 25K50% of profits
Strix 10K50% of profits
Express 100K50% of profits
Express 50K50% of profits
Express 25K50% of profits
Express 10K50% of profits

Payout Minimum

Strix 100K$2,000
Strix 50K$1,000
Strix 25K$500
Strix 10K$250
Express 100K$2,000
Express 50K$1,000
Express 25K$500
Express 10K$250

Winning Days Per Payout

Strix 100K8 required
Strix 50K8 required
Strix 25K8 required
Strix 10K8 required
Express 100K8 required
Express 50K8 required
Express 25K8 required
Express 10K8 required

Qualifying Day

Strix 100K$200+ realized
Strix 50K$150+ realized
Strix 25K$100+ realized
Strix 10K$100+ realized
Express 100K$200+ realized
Express 50K$150+ realized
Express 25K$100+ realized
Express 10K$100+ realized

Winning Days, Bought Before 11 September 2026 at 5:35 PM ET (21:35 UTC)

Strix 100KNo fixed count or floor; at least 4 to fit the daily gain share
Strix 50KNo fixed count or floor; at least 4 to fit the daily gain share
Strix 25KNo fixed count or floor; at least 4 to fit the daily gain share
Strix 10KNo fixed count or floor; at least 4 to fit the daily gain share
Express 100KNo fixed count or floor; at least 2 to fit the daily gain share
Express 50KNo fixed count or floor; at least 2 to fit the daily gain share
Express 25KNo fixed count or floor; at least 2 to fit the daily gain share
Express 10KNo fixed count or floor; at least 2 to fit the daily gain share

Payout #1 Cap

Strix 100K$2,000
Strix 50K$1,000
Strix 25K$1,000
Strix 10K$1,000
Express 100K$2,000
Express 50K$1,000
Express 25K$1,000
Express 10K$1,000

Payout #2 Cap

Strix 100K$3,000
Strix 50K$1,500
Strix 25K$1,500
Strix 10K$1,500
Express 100K$3,000
Express 50K$1,500
Express 25K$1,000
Express 10K$1,000

Payout #3 Cap

Strix 100K$4,000
Strix 50K$2,000
Strix 25K$2,000
Strix 10K$2,000
Express 100K$4,000
Express 50K$2,000
Express 25K$1,500
Express 10K$1,500

Payout #4 Cap

Strix 100K$6,000
Strix 50K$3,000
Strix 25K$3,000
Strix 10K$2,500
Express 100K$10,000
Express 50K$5,000
Express 25K$2,500
Express 10K$2,000

Funded Activation Fee

Strix 100K$149
Strix 50K$119
Strix 25K$89
Strix 10K$69
Express 100K$149
Express 50K$119
Express 25K$89
Express 10K$69

Consistency

No Funded Consistency rule. Nothing caps a single day's share of a payout cycle, and you are never asked to spread a cycle's gains a particular way. What a cycle has to contain instead is 8 qualifying winning days, set out under Payouts above.

Accounts bought before 11 September 2026 at 5:35 PM ET (21:35 UTC) keep the rules they were sold for as long as the account is open. On those, no single day can exceed the Max Daily Gain share of that cycle's gains and the figure goes back to 0% whenever a payout is paid or a payout request is rejected. There is no fixed winning-day count on them and no per-day floor, but the share itself sets a minimum: a single winning day is 100% of its own cycle, so a cycle has to hold at least 4 winning days on the Strix Plan and 2 on the Express Plan before it can come in under the cap. One package or the other applies to any account, never both.

Not sure which applies to you? Once your account is funded, your Payouts page lists the requirement your own account is measured against, and that is the one we hold you to.

Max Daily Gain

Strix 100KNone
Strix 50KNone
Strix 25KNone
Strix 10KNone
Express 100KNone
Express 50KNone
Express 25KNone
Express 10KNone

Bought Before 11 September 2026 at 5:35 PM ET (21:35 UTC)

Strix 100K30% of cycle
Strix 50K30% of cycle
Strix 25K30% of cycle
Strix 10K30% of cycle
Express 100K50% of cycle
Express 50K50% of cycle
Express 25K50% of cycle
Express 10K50% of cycle

Resets On Payout Or Rejection

Strix 100KYes
Strix 50KYes
Strix 25KYes
Strix 10KYes
Express 100KYes
Express 50KYes
Express 25KYes
Express 10KYes
3

Live

Firm capital. Withdraw it all.

Live Trading

At Live, real firm buying power sits behind your trades. The 80/20 arrangement continues, and withdrawals carry no caps, with a $100 minimum.

Reaching Live is the top of the program. Take a payout and the trailing floor jumps straight to starting capital, so the risk on the account drops to zero.

Capital

Strix 100K$50,000
Strix 50K$25,000
Strix 25K$12,500
Strix 10KNot offered
Express 100K$50,000
Express 50K$25,000
Express 25K$12,500
Express 10KNot offered

Trailing Drawdown

Strix 100K$5,000
Strix 50K$2,500
Strix 25K$2,000
Strix 10KNot offered
Express 100K$5,000
Express 50K$2,500
Express 25K$2,000
Express 10KNot offered

Floor Update

Strix 100KEnd of Day
Strix 50KEnd of Day
Strix 25KEnd of Day
Strix 10KEnd of Day
Express 100KEnd of Day
Express 50KEnd of Day
Express 25KEnd of Day
Express 10KEnd of Day

Floor Locks At

Strix 100K$50,100
Strix 50K$25,100
Strix 25K$12,600
Strix 10KNot offered
Express 100K$50,100
Express 50K$25,100
Express 25K$12,600
Express 10KNot offered

Profit Share

Strix 100K80 / 20
Strix 50K80 / 20
Strix 25K80 / 20
Strix 10K80 / 20
Express 100K80 / 20
Express 50K80 / 20
Express 25K80 / 20
Express 10K80 / 20

Withdrawal Scope

Strix 100K100% of profits
Strix 50K100% of profits
Strix 25K100% of profits
Strix 10K100% of profits
Express 100K100% of profits
Express 50K100% of profits
Express 25K100% of profits
Express 10K100% of profits

Payout Minimum

Strix 100K$100
Strix 50K$100
Strix 25K$100
Strix 10K$100
Express 100K$100
Express 50K$100
Express 25K$100
Express 10K$100

Recurring Fees

Strix 100KNone
Strix 50KNone
Strix 25KNone
Strix 10KNone
Express 100KNone
Express 50KNone
Express 25KNone
Express 10KNone

Rules for Every Plan

These hold across every account size and phase.

Overnight Holding

Every account in every phase can hold positions overnight. The only forced flatten before the close is a position expiring that day.

How long you stay in a trade is your call, and we keep it that way.

One-Time Evaluation Fee

The Evaluation is a single one-time fee: $569 (Strix 100K), $419 (Strix 50K), $299 (Strix 25K), $179 (Strix 10K), $339 (Express 100K), $229 (Express 50K), $179 (Express 25K), $119 (Express 10K).

An Evaluation bought today does not renew and does not rebill: one payment covers your run, and Evaluations never expire, so you can take the time you need to pass.

If your Billing page shows a monthly amount and a next billing date, you are on an older monthly Evaluation plan: it renews each month until you cancel it, and you can cancel at any time from that page.

Funded Activation Fee

Passing Evaluation is what unlocks Funded. One funded activation fee then turns the Funded account on, charged when you activate it. It is not a fee to start an Evaluation.

The funded activation fee is $149 (100K accounts), $119 (50K accounts), $89 (25K accounts), or $69 (10K accounts), charged upfront at activation and non-refundable. It is the only charge between passing and trading Funded capital.

One payment opens the account, then the 80/20 split runs from day one while you focus on structure, discipline, and risk management.

Strategies & Options

The Strix Plan carries Level 5 options approval: undefined risk is allowed, and you can build spreads and multi leg structures, from verticals and butterflies to iron condors, calendars, diagonals, and beyond.

The Express Plan trades long premium only: single leg calls and puts, bought to open.

Permitted Strategies

Strix 100KAll (Long & Short)
Strix 50KAll (Long & Short)
Strix 25KAll (Long & Short)
Strix 10KAll (Long & Short)
Express 100KLong Only
Express 50KLong Only
Express 25KLong Only
Express 10KLong Only

Approved Tickers

Options can only be traded on approved symbols. An order on any ticker outside the whitelist is blocked automatically. Email support@strixoptionsfunding.com if there is a symbol you would like added.

Expiring Positions

Any position still open at 4pm on its expiration day is closed automatically at that time.

The auto close keeps surprise assignment off your account and keeps every account inside the rules.

How Consistency Works

Two rule packages are in force, and your account follows exactly one of them, decided by the moment you bought it and fixed from then on. The boundary is an instant on a single day, not the day itself: an evaluation bought at or after 11 September 2026 at 5:35 PM ET (21:35 UTC) carries no consistency rule in any phase, and one bought before that instant keeps the consistency package it was sold. If you bought on 11 September 2026 and are not sure which side you landed on, compare the time you bought your original evaluation with that instant; once the account is funded, your own Payouts page settles it.

On an account bought today, what a Funded payout cycle has to contain is 8 qualifying winning days. A qualifying day is a trading day that closes with realized profit at or above your plan's floor: $200 on a $100K account, $150 on a $50K account, $100 on a $25K or $10K account.

They can land in any order, and nothing you do in between takes one back. A losing day, a flat day, a green day under the floor, and a day you never open the platform all leave the tally exactly where it was, so 8 winning days spread over two months count the same as 8 in a row.

Example on a Strix Plan $50K, where the floor is $150: a cycle closing +$400, +$180, +$900, -$600, +$150, +$2,100, a flat day, +$155, +$310, +$260 contains 8 days at or above $150, so the cycle qualifies. The losing day and the flat day cost nothing, and the +$2,100 day is not capped.

On an account bought before 11 September 2026 at 5:35 PM ET (21:35 UTC), consistency is measured per payout cycle instead: no single day may be a larger share of that cycle's gains than the Max Daily Gain figure for the plan, and the figure goes back to 0% whenever a payout is paid or a payout request is rejected. Those accounts carry no fixed winning-day count and no per-day floor, but the share itself decides a minimum. A single winning day is 100% of its own cycle, so a cycle cannot come in under the cap until it holds at least 4 winning days on the Strix Plan and 2 on the Express Plan.

Example on one of those accounts at 30%: a best day of $1,200 needs total cycle gains of at least $4,000, because $1,200 is 30% of $4,000. Going over on one day disqualifies nothing; the cycle simply has to grow until the big day fits under the share.

Once your account is funded, your Payouts page shows the requirement your own account is measured against, and that is the one we hold you to.

How Drawdown Lock Works

No lock applies during Evaluation. From Funded onward, the trailing floor climbs with each new equity high until it reaches the lock balance, which equals your starting capital.

After the lock, the floor holds still and no longer trails. Until then, the Strix Plan floor steps up once per day at the market close, while the Express Plan floor tracks your equity peak live through the session.

Trade with control and the account gets safer as it grows, leaving you more room to operate the longer you perform.

Payout Balance Rule

Your first payout switches this rule on: from then on, your balance at request time must be at least $1 above the balance you last requested a payout at, less any amount your payout cap prevented you from taking, up to the size of that payout.

Example: you request payout one at a balance of $52,000 and the cap does not limit it, so your next request needs a balance of $52,001 or above.

Where the cap did hold money back, that amount comes off the bar, up to the size of the payout itself. You are never asked to re-earn what the cap refused to pay you, and the same profit never funds two payouts.

The rule keeps accounts moving forward and rewards structure, discipline, and steady risk management.

Need a rule clarified?

The FAQ answers the common ones, and support covers the rest.