Strix Options Review
Strix Options sells simulated options-trading evaluations on two one-step plans, with performance-based rewards and an invitation-only Live stage, run by a Pennsylvania company in Miami that gives 2026 as its founding year.
- Strix Plan· 12% target, Level 5
- Express Plan· 8% target, long only
Some official terms conflict. Strix's homepage, Rules, FAQ and Terms disagree on at least 5 material points, including whether a funded account trades firm capital or a simulation and whether a payout request locks the funded drawdown floor; further differences are noted inline. See both versions
- List price from
- $119
- Models on sale
- 2
- Document conflicts
- 5+ open
- Research checked
- 16 Oct 2026
Affiliate link · may earn commission
- Account models
- 2 on sale
- Strix Plan and Express Plan, both one-step evaluations; Live is by invitation only
- List price from
- $119
- Express Plan $10K, one-time; activation fee $69–$149 extra
- Profit split
- 80%
- Both plans, every size and Live; no add-on raises it
- Payout pledge
- Not published
- FAQ: approved payouts “typically clear within a few business days”
- Max starting size
- $100K
- Both plans; a Live allocation is at most $50K, and the “$1M” headline has no terms
- Platforms
- RixTrade
- Web only; orders by hand, no API or TradingView
Editorial assessment & evidence status
No numerical scoreBasis
- 10 official documents read, plus 15 supporting pages
- 8 list prices checked
- 5 key conflicts open; more noted inline
- No purchase, payout or support test
16 Oct 2026, 02:19–02:48 UTC. Methodology
Pricing transparency
Clear list pricesAll 8 one-time list prices and the $69–$149 activation fee are published and agree across pages. The 45% sale has no end date and was not verified at checkout.S2S1S8
Rule clarity
Detailed, some conflictsEvery rule comes in per-size dollar tables, but the Terms add a payout-triggered drawdown lock the Rules omit, and the Rules and FAQ give different expiry cutoffs.S2S3S9
Trustpilot could not be read (it returned a bot-verification page), which does not mean Strix has no reviews; its Rewards Terms award 1,000 wheel credits for a claimed Trustpilot review.
How funding works at Strix Options
There is no instant model: every plan starts with an evaluation, and funded payouts have their own gates.
- Step 1
Choose a plan
2 plansStrix (Level 5) or Express (long only); check both country lists. - Step 2
Buy and get access
From $119One-time fee; the evaluation account is issued on the spot. - Step 3
Pass the evaluation
12% or 8%No deadline or minimum days; a 6% or 4% trailing floor. - Step 4
Activate and qualify
$69–$149Activation fee, then 8 qualifying days per cycle and KYC. - Step 5
Request a reward
Up to 50%Of profits per payout, between the $250–$2,000 minimum and the cap.
Our verdict on Strix Options
What Strix publishes. One-time list prices from $119 (Express Plan, $10K) to $569 (Strix Plan, $100K), an 80% split on both plans, and per-size dollar tables for every target, floor, minimum and payout cap. The Strix Plan allows Level 5 strategies, naked options included, and every plan allows overnight, weekend and news trading.S2S1S12S9
What is unresolved. The Terms let a payout request lock the funded floor at the starting balance, which the Rules page never mentions (C2); the Rules and FAQ give different expiry cutoffs (C3); and the rules changed four times between 11 Sep and 5 Oct 2026, each change tied to when you bought the account or the reset.S3S2S9
What is unverified. Strix gives only 2026 as its founding year. Its payout wall says it posts every paid payout, but the firm's own feed flags 189 of the 197 entries from the last 7 days “synthetic” without explaining the flag, and the Terms call every funded payout a discretionary reward.S1S18S19S3
How we review & sourcing: built from Strix's 10 core official documents as published on 16 Oct 2026, plus 15 supporting pages, including its public payout feed. We did not buy an account, trade or request a payout. Sources and method
Bottom line · Clear one-time prices and unusually detailed rules for options traders, but payouts are gated, capped and discretionary, and a Live invitation can cancel requests already made. Get written answers on the drawdown-lock and expiry conflicts first, and treat the fees as money you can afford to lose.
Pros
- One-time list prices from $119; no monthly billing
- Level 5 strategies, naked options included, on the Strix Plan
- No deadline, no minimum days, no consistency rule (bought since 11 Sep 2026)
- Overnight, weekend and news trading allowed
- Every target, floor, minimum and cap published in dollars
Cons
- 8 qualifying days, 50% of profits and a cap on each payout
- A Live notice can cancel pending payouts or cap them at $3,000
- $69–$149 activation fee, never discounted or refunded
- Payout feed flags 189 of 197 recent entries “synthetic”
- Manual orders only: no API, no TradingView, no chart yet
Who Strix Options may suit
May suit
- Options traders who want spreads, condors or naked options (Strix Plan)
- Traders who need time: no deadline and no minimum days
- Swing traders who hold overnight, over weekends and through news
- Long-premium traders who accept a tighter 4% floor (Express Plan)
Use caution if you
- Need early or large withdrawals: payout #1 is capped at $1,000 to $2,000
- Trade futures, forex, crypto or tickers outside the approved list
- Automate, or route orders from TradingView or an API
- Would lose out if a Live notice cancelled your pending payouts
- Live in a restricted country or a sanctioned region of Ukraine
Availability & country restrictions
Strix publishes two lists: the KYC FAQ closes checkout to 21 countries, and the Terms say rewards cannot be sent there or to “the sanctioned regions of Ukraine”. Every payout is checked against that list and the US OFAC list when it is sent, and Live also excludes Burundi, Libya, Nauru, Nigeria, Sierra Leone, Somalia, Sudan and Zimbabwe, because Interactive Brokers cannot onboard their residents.S6S3
On both lists
- Afghanistan
- Belarus
- Central African Republic
- Cuba
- Democratic Republic of the Congo
- Eritrea
- Haiti
- Iran
- Iraq
- Liberia
- Mali
- Mozambique
- Myanmar (Burma)
- North Korea
- Palestine
- Republic of the Congo
- Russia
- South Sudan
- Syria
- Venezuela
- Yemen
Terms only
- Sanctioned regions of Ukraine
Absence from both lists does not confirm acceptance, and the Terms make it your job to confirm that your country can receive rewards.
Account sizes, fees and discounts
Strix charges a one-time USD evaluation fee: nothing renews, and evaluations never expire. These are the 8 list prices on its Rules page and in its official selector on 16 Oct 2026, and they match the FAQ; the cheapest is $119 for a $10K Express Plan. Passing then costs a separate activation fee.S2S1S8
List prices by plan (USD, one-time)
| Size | Strix Plan | Express Plan |
|---|---|---|
| $10K | $179 | $119 (lowest list price) |
| $25K | $299 | $179 |
| $50K | $419 | $229 |
| $100K | $569 | $339 |
Checked 16 Oct 2026, 02:19–02:48 UTC. Express prices come from the Rules page and the selector's structured data, because that tab renders in the browser. Monthly plans sold before August 2026 still renew until cancelled; nothing bought today creates one.
Promotions and other charges
| Item | Price or end | Status |
|---|---|---|
| Sitewide sale45% off every evaluation fee: $65.45 (Express $10K) to $312.95 (Strix $100K); not the activation fee | No end date published; the banner says “Ends soon” and the meta description “This week only” | Code needed; unverifiedS1S8 |
| Partner code or linkThe sitewide sale plus 10 points, never below 10% or above 65% off: 55% today ($53.55 to $256.05) | Moves with the sitewide sale; evaluation fee only | Code needed; unverifiedS16S8 |
| Rewards Wheel prize codes10% to 70% off, BOGO or a free evaluation, won with wheel credits; US residents only, void in FL, NY and RI | Each code lapses 30 days after it is issued | Code needed; unverifiedS17 |
| Funded activation fee$69 ($10K), $89 ($25K), $119 ($50K) or $149 ($100K) on both plans; never waived, discounted or refunded | $69–$149 | Charged at funded activationS2S4S8 |
| Account Reset (evaluation only)Restores the starting balance and day-one floor; target progress restarts; one paid reset per evaluation | 10% below what you paid | Dashboard purchase after a breachS2S7 |
Sale and partner prices are the firm's own figures from its plan cards, structured data and Affiliates page; we tested no checkout. Codes never discount the activation fee, and resetting an evaluation a code made free is priced from today's list price, 10 points below any sale running that day.
Key trading rules by model
Every plan is a one-step evaluation with no deadline and no minimum days. Before Live, the only loss limit is the trailing floor, watched in real time, and touching it closes the account. Terms depend on when you bought: accounts from before 11 Sep 2026 and, for Express drawdown, 27 Sep 2026 keep the rules they were sold.S2S7S8
Rules by model and stage
| Rule | Strix Plan | Express Plan | Sources |
|---|---|---|---|
| Profit targetevaluation | 12% ($1,200 to $12,000) | 8% ($800 to $8,000) | S2S7 |
| Deadline and minimum daysevaluation | None; no minimum days | None; no minimum days | S2S7S8 |
| Consistency ruleevaluation | None; 30% cap if bought before 11 Sep 2026 | None | S2S7 |
| Trailing drawdownevaluation and funded | 6% trailing ($600 to $6,000) | 4% trailing ($400 to $4,000); 3% if bought before 27 Sep 2026 | S2S7 |
| How the floor risesevaluation and funded | Once a day at the close; breaches count intraday | In real time with each new peak | S2S7 |
| Daily loss limitevaluation and funded | None before Live (Live: $600 to $1,500 a session) | None before Live (Live: $600 to $1,500 a session) | S2S5S10 |
| Permitted strategiesevaluation and funded | Level 5: spreads, multi-leg, naked options | Long single-leg calls and puts only | S2S12 |
| Expiring positions closed atevaluation and funded | 4:00 PM ET (Rules) or 3:55 PM ET, 4:10 PM for SPY, QQQ, IWM, DIA (FAQ)C3 | 4:00 PM ET (Rules) or 3:55 PM ET, 4:10 PM for SPY, QQQ, IWM, DIA (FAQ)C3 | S2S9 |
| Drawdown lockfunded | At the starting balance once the floor reaches it (Rules); the Terms say a payout request may lock it thereC2 | At the starting balance once the floor reaches it (Rules); the Terms say a payout request may lock it thereC2 | S2S7S3 |
| Consistency rulefunded | None; 8 qualifying days instead (if bought before 11 Sep 2026: no day above 30% of the cycle) | None; 8 qualifying days instead (if bought before 11 Sep 2026: no day above 50% of the cycle) | S2S3 |
Live, not sold: an invitation-only stage on a real Interactive Brokers sub-account, with its own rulebook. Positions must be defined-risk, a daily loss limit of $600 to $1,500 applies until the floor locks, and the allocation is half the funded size. It is never priced here.S3S10S5
How the floor moves
Both plans trail your highest equity. On a $50K Strix Plan the floor starts at $47,000 and steps up once a day at the close, while the Express floor rises with each intraday peak; on both, touching it closes the account at once. At funded activation the drawdown resets, and the floor stops at the starting balance, $50,000 here, though the Terms let a payout request lock it there sooner (C2).S2S7S3
Strategies, tickers and expiry
The Strix Plan allows Level 5: spreads, iron condors, butterflies, calendars, diagonals and naked calls and puts. Express is long single-leg calls and puts only. Both trade only symbols on the approved-ticker list (180 symbols when checked), every order fills all-or-none, and positions still open on expiration day are closed at 4:00 PM ET per the Rules or 3:55 PM ET per the FAQ (C3).S2S12S21S15S9
Holding, news, automation and copying
Overnight and weekend holds and news trading (CPI, FOMC, earnings) are allowed on every plan. There is no API or automated order routing, so every order is placed by hand, and VPNs are generally allowed. No document sets a hedging or copy-trading rule; the Terms ban “sharing or copying accounts without authorization” and dodging rules through several accounts, and you may hold up to 10 open accounts.S9S13S3S8
Rules by purchase date
Accounts bought before 11 Sep 2026 at 5:35 PM ET keep a 30% evaluation consistency cap on the Strix Plan and a funded Max Daily Gain of 30% (Strix) or 50% (Express) instead of the 8-day count. Express accounts bought before 27 Sep 2026 at 6:10 PM ET keep a 3% drawdown. Your account page states which applies.S2S3
What happens when a rule is broken
| Trigger | Applies to | Consequence |
|---|---|---|
| Equity touches the drawdown floor | Both plans, evaluation and funded | terminationAccount closed at once. An evaluation can be restarted with one paid reset; a funded breach is finalS2S7 |
| A payout request is rejected | Funded | payout delayThe cycle closes and the 8-day count restarts from zeroS2S4 |
| Rule concerns, missing KYC or tax forms, sanctions screening or risk review | Funded | payout delaypayout cancelledA reward can be held, delayed, rejected, reversed or cancelledS3S4 |
| Breaking RixTrade's own platform terms | All accounts | payout cancelledterminationGrounds to deny payouts, end the account and forfeit simulated resultsS3S25 |
| Sharing or copying accounts without authorization, or dodging rules through several accounts | All accounts | profit excludedpayout delayterminationVoided trades or benefits, held rewards, suspension or loss of access; Linked Accounts can be banned togetherS3 |
| Opening a chargeback without contacting support first | All accounts | payout delayterminationSuspension and frozen reward processing; treated as a material breachS3S11 |
| Accepting a Live Program Notice | Funded traders invited to Live | payout cancelledEvery pending payout request lapses unpaid, and all evaluation and funded accounts close for goodS3S5S10 |
| Declining a Live Program Notice | Funded traders invited to Live | payout cancelledterminationPending requests are paid in cash up to $3,000 in total per person; accounts close and re-entry is barred permanentlyS3S5 |
| Leaving a Live Program Notice unanswered for 30 days | Funded traders invited to Live | payout cancelledterminationTreated as a decline with no settlement: nothing is paid and the accounts close for goodS3S5 |
| Termination for repeated violations, suspected abuse or unresolved risk concerns | All accounts | payout cancelledterminationPending rewards can be cancelled where the law allows, and amounts owed can be offset against rewardsS3 |
Payouts and profit sharing
Every request needs a funded account, 8 qualifying winning days in the current cycle, KYC and a tax form before the first payout, and Strix's approval. The Terms call each payout a discretionary reward that meeting the requirements does not entitle you to.S2S3S6
Payout terms by model
| Term | Strix Plan | Express Plan | Sources |
|---|---|---|---|
| Profit split | 80%; no add-on | 80%; no add-on | S2S4 |
| Qualifying winning daysper payout cycle | 8 days of $100+ ($10K, $25K), $150+ ($50K) or $200+ ($100K) realized | 8 days of $100+ ($10K, $25K), $150+ ($50K) or $200+ ($100K) realized | S2S3 |
| Largest single payout | 50% of profits, within the cap | 50% of profits, within the cap | S2S4 |
| Minimum requestby account size | $250, $500, $1,000 or $2,000 ($10K to $100K) | $250, $500, $1,000 or $2,000 ($10K to $100K) | S2 |
| Payout #1 cap | $1,000 ($10K to $50K); $2,000 ($100K) | $1,000 ($10K to $50K); $2,000 ($100K) | S2 |
| Payout #2 cap | $1,500 ($10K to $50K); $3,000 ($100K) | $1,000 ($10K, $25K); $1,500 ($50K); $3,000 ($100K) | S2 |
| Payout #3 cap | $2,000 ($10K to $50K); $4,000 ($100K) | $1,500 ($10K, $25K); $2,000 ($50K); $4,000 ($100K) | S2 |
| Payout #4 cap | $2,500 ($10K); $3,000 ($25K, $50K); $6,000 ($100K) | $2,000 ($10K); $2,500 ($25K); $5,000 ($50K); $10,000 ($100K) | S2 |
| Payout #5 onward | Not published | Not published | S2S4 |
| Balance rule | From payout 2: $1 above the last request's balance, less any amount the cap held back | From payout 2: $1 above the last request's balance, less any amount the cap held back | S2S4 |
| Processing time | No pledge; approved payouts “typically clear within a few business days” | No pledge; approved payouts “typically clear within a few business days” | S4S3 |
Methods: ACH, or an international wire outside the US, sent from Strix's bank through Mercury, which emails a secure form for your receiving details after approval. No payout fee is published, and the activation fee is never deducted from a payout.S4S22S2
The first payout in dollars
On a $100K account the first request needs $4,000 of realized profit, because 50% of it equals both the $2,000 minimum and the $2,000 cap, plus 8 days of $200 or more. At 80% you receive $1,600 if the cap applies before the split, which the documents do not state; every feed amount for payouts 1 to 4 fits that reading. Requested at $104,000, the payout leaves $102,000 once paid, and the next request needs a balance of $104,001.S2S4S19
No processing pledge
Strix publishes no processing time. Its Payouts FAQ says timing is on the Rules page, which gives none; elsewhere it says approved payouts “typically clear within a few business days”, and the Terms call every timeline an estimate. Review before approval has no stated length, a rejection restarts the 8-day count, and trading continues during review, so a breach can close the account before the payout clears.S4S2S3S12
A Live notice and pending payouts
If Strix sends a Live Program Notice, new requests pause and pending ones are held for up to 30 days. Accept, and they lapse unpaid as every account closes. Decline, and they are paid in cash up to $3,000 per person, so five accounts with $2,000 pending each pay $3,000, not $10,000, before the accounts close for good. Leave it unanswered and nothing is paid.S3S5S10
Official information that needs clarification
The Terms (effective 26 Sep 2026) say they prevail over the published trading rules unless a document says otherwise, yet Strix's pages disagree on 5 key points; smaller differences, mostly about the Live stage, are noted inline. Ask support in writing which version applies to your account.S3S2
Where Strix's documents disagree
| Issue | Source A | Source B | Practical implication |
|---|---|---|---|
| C1Funded stage: firm capital or simulation | Homepage, Getting Started FAQS1S14“Trade options with our capital”; a funded account “carried by the firm” | TermsS3“A Funded Account is still a simulation; it carries no real capital”; payouts are discretionary rewards | The funded balance is fictional. Your real money is the $119–$569 fee plus a $69–$149 activation fee, and any payout is a reward Strix may withhold. |
| C2Funded drawdown after a payout | Rules, Drawdown FAQS2S7The floor trails until it reaches the starting balance, then locks; the FAQ's answer on the first payout describes no change | Terms, Glossary, Going Live FAQS3S15S5Once a reward is requested, the floor reference may be locked at the starting balance permanently; Live is set apart because there “a payout never moves your drawdown floor” | $100K Strix Plan, first $2,000 requested at $104,000: the floor is $98,000 or $100,000, leaving $4,000 or $2,000 of room once it is paid. |
| C3Cutoff for expiring positions | RulesS2Any position still open at 4pm on its expiration day is closed then | Trading and Strategies FAQsS9S123:55:00 PM ET for most tickers; 4:10:00 PM ET for SPY, QQQ, IWM and DIA | A position held at 3:56 PM ET is closed under the FAQ but not the Rules; on SPY the Rules close it at 4:00 PM, the FAQ at 4:10 PM. Be flat by 3:55 PM ET. |
| C4Restricted countries | KYC FAQ (checkout)S6Checkout is closed to 21 countries, “the same list the Terms of Service give” | Terms (rewards)S3Rewards cannot be sent to those 21 or to “the sanctioned regions of Ukraine” | A resident of a sanctioned region of Ukraine may find checkout open, yet the Terms say no reward can be sent there. |
| C5Maximum capital | Homepage description and structured dataS1“unlock funded capital up to $1M” | Rules, TermsS2S3Largest account $100K, simulated; Live allocation at most $50,000; no scaling plan | No published path reaches $1M: a $100K account leads, at most and only by invitation, to a $50,000 Live allocation. |
Marketing claims the documents qualify
- “Every strategy. No restrictions.” applies to the Strix Plan only: Express is long single-leg calls and puts, every plan is limited to the approved-ticker list (180 symbols when checked), and Live allows defined-risk positions only.S1S24S2S21S10
- “Real payouts. Receipts included.” heads a payout wall whose own feed flags 189 of its 197 entries from the last 7 days as “synthetic”, a flag the site never explains.S18S19
- “Firm capital. Withdraw it all.” describes Live, which cannot be bought or applied for, and each Live withdrawal must leave $2,000 of equity above the floor.S2S3S10
- “results map cleanly onto live conditions” is the Getting Started FAQ's line; the Terms say simulated results say nothing about what real-market conditions would have produced.S14S3
- “Generous payouts that scale” means 8 qualifying days per cycle, at most 50% of profits per payout and a first payout capped at $1,000 to $2,000; no cap is published after the fourth.S1S2
Refunds, resets, rewards and scaling
Separate programs with separate terms. No fee is refundable, discounts and wheel prizes are codes rather than cash, and moving to Live is one-way.S3S11S17
Programs and their terms
| Program | What the documents say | Paid as | Status |
|---|---|---|---|
| Refunds | None: evaluation, activation and reset fees are final, with discretionary exceptions for duplicate billing or processor errorsS3S11 | Cash, exceptions only | Published |
| Account Reset | Evaluation only; one paid reset per evaluation at 10% below what you paid; progress restarts; no reset for a funded accountS2S7 | Paid reset | Published |
| Legacy monthly plans | Sold before August 2026; they renew until cancelled from the Billing page, and nothing bought today creates oneS3S2S24 | Subscription | Published |
| Rewards Wheel | Credits (200 with each purchase, 1,000 for a claimed Trustpilot review, more from missions) buy spins for discount codes, BOGO or free evaluations; US residents only, void in FL, NY and RIS17 | Codes and accounts | Published |
| Live stage | Invitation only; accepting cancels pending payout requests unpaid, declining pays them up to $3,000 in total, and either way the evaluation and funded accounts close for goodS3S5S10 | Real-capital sub-account | Published |
| Scaling to “$1M” | Advertised in the site's description; no document sets out a scaling planS1S2 | Not published | Not publishedC5 |
Account progression
Starting size, Live allocation and the advertised “$1M” are three different numbers.
Funded account
The same size and drawdown, reset at activation; the floor stops at the starting balance, and payouts 1 to 4 are capped.S2
Live, by invitation
Half the funded size in real capital: $12,500, $25,000 or $50,000 from a $25K, $50K or $100K funded account; $10K accounts are not eligible; the Terms and the Going Live FAQ name only the $25K, $50K and $100K plans as eligible. Buying power is held at its entry level, 50% of the funded plan size; the Terms describe steps up to 125%, but the Live Program Rules say the ladder is not applied today.S2S10S3S5
Markets, platforms, KYC and support
What you can trade
Options only, on the US stocks, ETFs and index products of the approved-ticker list, SPX, SPY, QQQ and VIX among them; an order on any other ticker is blocked automatically. The list held 275 symbols at 02:19 UTC and 180 at 02:48 UTC, after a site redeploy dropped DIA, RUT and XSP among others, so check it before you buy. Weekly and 0DTE options are allowed, with no futures, forex or crypto, and positions expiring that day are closed automatically at a time the documents disagree on (C3).S21S2S9S12
Leverage: not applicable as a ratio on options-only accounts, and no buying-power or position-size limit is published for the Evaluation or Funded stage beyond the trailing floor. At Live, buying power is held at its entry level, 50% of the funded plan size; the Terms describe steps up to 125%, but the Live Program Rules say the ladder is not applied today.S2S10S3
Simulated accounts and company
Evaluation and Funded accounts are simulated: the Terms call their balances “fictional numbers, not currency and not real capital”, whatever the homepage says about “our capital” (C1), and RixTrade's terms say no order is routed to any exchange. Your real-money exposure is the fees, and payouts are rewards Strix pays from its own bank account. Only the invitation-only Live stage trades Strix's capital, in an Interactive Brokers sub-account Strix owns.S3S1S25S4S22
Platforms
- RixTradeDocumented
Web platform run by Rix Trade LLC, a separate Pennsylvania company; multi-leg order entry, but no built-in price chart yet, no TradingView link and no API.S13S25S22
KYC and payout ownership
- Before the first payout, and sometimes sooner: photo ID front and back plus a selfie, reviewed by a person with no promised turnaroundS6
- A W-9 (US taxpayers) or W-8BEN (everyone else); US payees paid $600 or more in a year may get a 1099-NECS6
- The receiving account must be in the name on your verified ID, and each payout is screened against the US OFAC list when it is sentS4S6
Support
Channels: email (support@strixoptionsfunding.com), the single address the Terms give for billing, support, compliance and legal questions, and a Discord server the Contact page calls its trader hub, with live chat. The Contact page says answers “usually land within 8 hours”; we did not test it.S20S3
Strix Options FAQ
What is Strix Options?
An options-only prop firm run by Strix Options LLC, a Pennsylvania company with a Miami address that gives 2026 as its founding year. It sells one-step evaluations on two plans, for $10K to $100K accounts.S3S22S1S8
Are Strix Options accounts simulated?
Yes. The Terms say Evaluation and Funded accounts are simulations with fictional balances and no real capital, despite the homepage's “our capital”. Your real-money exposure is the fees, and payouts are discretionary rewards. Only the invitation-only Live stage trades Strix's own money.S3S1
Which plans can I buy?
The Strix Plan and the Express Plan, each at $10K, $25K, $50K or $100K. Both are one-step evaluations with no deadline and no minimum trading days; there is no instant-funding model.S8S2
How do the Strix Plan and the Express Plan differ?
Strix Plan: a 12% target, a 6% trailing floor that rises once a day, and Level 5 strategies including naked options. Express Plan: an 8% target, a 4% floor that trails intraday, and long single-leg calls and puts only.S2S8
How much does Strix Options cost?
One-time list prices run from $119 (Express Plan, $10K) to $569 (Strix Plan, $100K). Passing adds a $69 to $149 activation fee. A 45% sitewide discount was advertised with no end date; we did not verify it at checkout.S2S1S8
How do drawdown and consistency work?
Both plans trail your highest equity and close the account the moment the floor is touched. Accounts bought since 11 Sep 2026 have no consistency rule in either phase; funded payouts need 8 qualifying winning days instead. There is no daily loss limit before Live.S2S7
When can I request a payout?
Once the cycle holds 8 qualifying winning days, for up to 50% of profits, between the $250 to $2,000 minimum and that payout's cap, with KYC and a tax form done first. The FAQ says approved payouts “typically clear within a few business days”.S2S4S6
What happens if Strix invites me to Live?
New payout requests pause for up to 30 days. Accept and every pending request lapses unpaid while all your accounts close; decline and pending requests are paid up to $3,000 in total before your accounts close for good; ignore the notice and nothing is paid.S3S5
Are the fees refundable?
No. Evaluation, activation and reset fees are final under the Terms, with discretionary exceptions for duplicate charges or processor errors. Opening a chargeback without contacting support first can get the account suspended.S3S11
Which trading platform does it use?
RixTrade, a web platform run by a separate company, Rix Trade LLC. Every order is placed by hand: there is no API, no TradingView link and, for now, no built-in price chart.S13S25
Which countries are restricted?
Checkout is closed to 21 countries, the Terms also bar rewards to sanctioned regions of Ukraine, and Live excludes 8 more countries. Being on neither list does not confirm acceptance.S6S3
What has not been independently verified?
Payout records (the firm's own feed flags 189 of 197 recent wall entries “synthetic”), its Trustpilot profile (not readable; reviews earn wheel credits), and its claims of “< 10ms” execution with “Zero lag” and support replies within 8 hours. We did not buy an account, trade or request a payout.S19S17S1S20
Considering Strix Options?
List prices from $119. Read the Rules and Going Live pages, and confirm the drawdown-lock clause in writing, before you buy.
Options-only alternative
Options Funding also sells options-only evaluations traded by hand on RixTrade, billed monthly rather than once.
Sources, methodology and disclosure
Official documents, checked 16 Oct 2026
- S1Homepage and plan selectorstrixoptionsfunding.com/ · checked 02:19 UTCPlan cards, structured-data offers for all 8 plans, the meta and social titles and the promotion banner.
- S2Trading Rulesstrixoptionsfunding.com/rules · checked 02:19 UTCNo effective date on the page.
- S3Terms of Servicestrixoptionsfunding.com/terms · checked 02:19 UTCEffective 26 Sep 2026.
- S4Payouts and Payments FAQstrixoptionsfunding.com/faq/payouts-and-payments · checked 02:19 UTC
- S5Going Live FAQstrixoptionsfunding.com/faq/going-live · checked 02:19 UTC
- S6KYC, Taxes, and Compliance FAQstrixoptionsfunding.com/faq/kyc-and-taxes · checked 02:19 UTC
- S7Drawdown and Evaluation Rules FAQstrixoptionsfunding.com/faq/drawdown-and-consistency · checked 02:19 UTC
- S8Accounts and Billing FAQstrixoptionsfunding.com/faq/accounts-and-billing · checked 02:19 UTC
- S9Trading: What You Can Trade FAQstrixoptionsfunding.com/faq/trading-what-you-can-trade · checked 02:19 UTC
- S10Live Program Rulesstrixoptionsfunding.com/live-program-rules · checked 02:19 UTCIn force from 27 Aug 2026.
Also checked the same day
- S11Billing, Refunds, and Chargebacks FAQstrixoptionsfunding.com/faq/billing-refunds-chargebacks · checked 02:19 UTC
- S12Strategies and Multi-Leg FAQstrixoptionsfunding.com/faq/strategies-and-multi-leg · checked 02:19 UTC
- S13Platform and Technology FAQstrixoptionsfunding.com/faq/platform-and-technology · checked 02:19 UTC
- S14Getting Started FAQstrixoptionsfunding.com/faq/getting-started · checked 02:19 UTC
- S15Glossarystrixoptionsfunding.com/faq/glossary · checked 02:19 UTC
- S16Affiliatesstrixoptionsfunding.com/affiliates · checked 02:19 UTCThe firm's partner-discount rule; fetched without a referral code.
- S17Rewards Terms (Rewards Wheel sweepstakes)strixoptionsfunding.com/rewards-terms · checked 02:19 UTCLast revised 8 Aug 2026.
- S18Payout wallstrixoptionsfunding.com/payouts · checked 02:19 UTC
- S19Public payout feed (public data)strixoptionsfunding.com/api/payouts/public?limit=200&offset=0 · checked 02:23 UTCRead in two pages (offsets 0 and 100): 197 entries over 7 days. Names not recorded.
- S20Contactstrixoptionsfunding.com/contact · checked 02:19 UTC
- S21Approved tickersstrixoptionsfunding.com/ticker-whitelist · checked 02:48 UTC180 symbols at 02:48 UTC; the same page listed 275 at 02:19 UTC, before a redeploy.
- S22Privacy Policystrixoptionsfunding.com/privacy · checked 02:19 UTCNo date on the page.
- S23Live Trader Agreement (unexecuted specimen)strixoptionsfunding.com/live-trader-agreement · checked 02:19 UTCVersion live-2026-08-27.
- S24Blog: Strix Options is joining SafePropFirmsstrixoptionsfunding.com/blog/strix-options-is-joining-safepropfirms · checked 02:19 UTCPublished 15 Sep 2026.
- S25RixTrade Terms of Servicerixtrade.com/terms · checked 02:19 UTCThird-party platform terms that Strix's Terms incorporate; last updated 1 May 2026.
How this review was researched
We read each document in full, logged every claim with its plan, stage and source, re-fetched every page on 16 Oct 2026 (02:19–02:48 UTC) and compared the payout wall with the firm's public feed without recording any names. “Published” means Strix says it, not that it is proven. Our methodology
Affiliate disclosure
Up Trade Funded is reader-supported. “Visit Strix Options” buttons use our referral link and we may earn a commission; that does not change this review. Source links carry no referral. Affiliate disclosure
Figures come from Strix Options's official documents, checked 16 Oct 2026. Terms change often; confirm the current version on strixoptionsfunding.com before buying.