We study the energy of a ferromagnetic/antiferromagnetic frustrated spin system where the spin takes values on two disjoint circles of the 2-dimensional unit sphere. This analysis will be carried out first on a one-dimensional lattice and then on a two-dimensional lattice. The energy consists of the sum of a term that depends on nearest and next-to-nearest interactions and a penalizing term related to the spins' magnetic anisotropy transitions. We analyze the asymptotic behaviour of the energy, that is when the system is close to the helimagnet/ferromagnet transition point as the number of particles diverges. In the one-dimensional setting we compute the $\mathrm{\Gamma }$-limit of scalings of the energy at first and second order. As a result, it is shown how much energy the system spends for any magnetic anistropy transition and chirality transition. In the two-dimensional setting, by computing the $\mathrm{\Gamma }$-limit of a scaling of the energy, we study the geometric rigidity of chirality transitions.