Wyoming, USA
TRIXAU, a trading evaluation company based in Cheyenne, Wyoming, is launching a program built around a single published rulebook, simulated accounts priced from live market data, and rewards paid in USDT. The company is entering a part of the market that has grown quickly over the past few years and has also drawn steady criticism, mostly over rules that are hard to find, change without notice or are applied unevenly. TRIXAU’s answer is to make the rules the product: the same limits for every account, enforced automatically and published before a trader pays anything.
A Trading Evaluation Company, Not a Broker
TRIXAU describes itself as an evaluator of trading skill rather than a trading venue. It is not a broker-dealer, futures commission merchant or investment adviser. It does not accept deposits, does not hold client funds for trading and does not send orders to a real market.
Instead, traders pay a one-time fee for an evaluation and trade simulated capital. Prices on the simulated accounts come from live market quotes, so the conditions a trader faces track the real market even though no real-money positions are opened. Traders who meet the published target can request a performance reward, which TRIXAU pays from its own funds.
How the Evaluation Works
The program follows three steps:
- Choose an account size and pay a one-time evaluation fee in cryptocurrency.
- Trade to the profit target while staying inside the daily and overall loss limits.
- Pass identity verification and submit a reward request.
There is only one evaluation phase. A trader who reaches the target without breaching a limit has passed. There is no second verification round and no separate “funded” stage.
One Rulebook for Every Account
Every account, from the smallest to the largest, uses the same three limits:
- Profit target: 8% of the starting balance
- Daily loss limit: 4%, recalculated at each daily reset
- Maximum drawdown: 8%, measured from a static floor
The maximum drawdown is static rather than trailing. The floor does not move up as the account grows, so a trader who builds a cushion of profit keeps it as room to manage risk. Trailing drawdowns are one of the most common sources of confusion in evaluation programs, and TRIXAU chose the simpler model.
Because the numbers do not change between account sizes, a trader can test a strategy on a small account and know the rules will be identical on a larger one.
Limits Enforced Continuously, Including Open Positions
According to the program terms, the rules are enforced automatically and continuously against live market prices. That includes open positions. A trade does not need to be closed for its unrealized loss to count against the daily or maximum drawdown limit.
This removes a grey area that exists in some programs, where a limit is checked only at the close of a trade or at the end of the day. On TRIXAU, if equity touches the daily loss floor or the maximum drawdown floor, the evaluation ends at that moment. For traders, the practical lesson is that stop placement and position sizing matter from the moment a trade is opened.
Four Account Sizes, One Set of Rules
TRIXAU offers four simulated account sizes, each with a one-time fee:
- Starter: $10,000 simulated balance, $99 fee
- Trader: $25,000 simulated balance, $199 fee
- Pro: $50,000 simulated balance, $299 fee
- Elite: $100,000 simulated balance, $499 fee
The fee is the only cost of the evaluation. The terms state that it becomes non-refundable once the evaluation account is activated, except where the law requires otherwise.
Markets: Crypto, Gold and Major Forex Pairs
The instrument list is short and focused on liquid markets. On the crypto side, traders can work with BTC/USD, ETH/USD and SOL/USD. The platform also lists gold (XAU/USD) and three major forex pairs: EUR/USD, GBP/USD and USD/JPY.
Quotes on the platform’s markets page refresh every few seconds. For crypto traders used to markets that never close, the mix offers a way to apply the same risk discipline to gold and currencies, which move on different drivers and at different hours.
Crypto In, USDT Out
TRIXAU runs its money flows in crypto from end to end. Evaluation fees can be paid in BTC, ETH, USDT, TRX or SOL. Rewards are paid in USDT on the TRON network (TRC20).
The reward is calculated by applying the plan’s published profit split to the simulated profit on the passed account. Each passed account is eligible for a single reward, and a trader can have only one active reward request per account at a time.
For traders who already hold and move stablecoins, this setup avoids bank transfers, card processing and currency conversion. It also means traders should be comfortable using a TRON-compatible wallet before they request a reward.
KYC Before the First Reward
Identity verification is mandatory before a trader’s first reward request. Trading itself can begin without it, but no reward is paid until KYC is complete.
The step serves two purposes. It ties every reward to a verified person, and it gives TRIXAU a way to enforce its rule against one person running multiple accounts. The company currently offers its evaluation program to U.S. residents.
Strategies the Rules Exclude
The terms list strategies that are not allowed, mostly ones that exploit the simulated environment rather than reflect real trading skill:
- Latency arbitrage
- Quote manipulation
- Running multiple accounts to abuse the rules
- Copy trading between accounts
- Exploiting pricing errors
Violations can void an evaluation or a reward. Publishing the list up front lets traders check whether their strategy is allowed before they pay.
Leadership
TRIXAU is led by CEO Efosa Ojomo, who is overseeing the U.S. launch of the evaluation program.
“A trader should know exactly how they are being judged before they place a single trade,” Ojomo said. “Our limits are published, our prices come from the live market, and every account is held to the same rules. If something in our rules isn’t clear, that’s on us to fix.”
What Traders Should Check Before Starting Any Evaluation
Whether a trader chooses TRIXAU or another program, a few points are worth checking before paying a fee:
- Is the drawdown static or trailing? A trailing drawdown can end an evaluation on an account that is still in profit.
- Are open positions counted? Programs that check limits in real time, including floating losses, require tighter risk control.
- How many rewards can one account earn? Some programs pay repeatedly; others, like TRIXAU, pay once per passed account.
- What is the refund policy? Evaluation fees are usually non-refundable once trading starts.
- How are rewards paid? Check the currency, network and verification requirements in advance.
- Which strategies are banned? Make sure your approach is allowed before you pay.
An evaluation is a test of risk management under fixed rules. Results on a simulated account do not guarantee results in live markets.
TRIXAU Is Preparing for Its U.S. Launch
TRIXAU is betting that clear, fixed rules are worth more to traders than headline promotions. Its model is simple: one evaluation phase, three published limits enforced in real time, crypto-native payments and KYC before any reward. Whether that consistency builds a loyal base of traders will depend on how the platform performs once evaluations and reward requests reach scale.
Traders who want to review the rules in full can read TRIXAU’s evaluation terms before signing up.
