Onyx Trade Group Review – Is Onyx Trade Group Scam or Legit?

Onyx Trade Group Broker Score
Overall
4.3
  • Trading Platform
  • Asset Index
  • Risk Management
  • Account Types
  • Payment Options
  • Trading Education

Summary

Today we are writing a Onyx Trade Group review for you and are giving you all the info you need to know before signing up with Onyx Trade Group, we want to recommend Onyx Trade Group for online trading because it is NOT a scam.

Onyx Trade Group Review

Onyx Trade Group logoIf you have been looking for a broker to start trading online, then you have realized that there are hundreds of choices that can be found. Of course, there is not even one that will say that they don’t know how to do their job, which means you will have to dig and find the flaws a company may have. The key is to find out what makes one broker different from the rest, enough that you should sign up with them. You can get some help in this regard through this Onyx Trade Group review, as this will help you see exactly what has made this platform unique.

After all, when you come across Onyx Trade Group during your research, it will register with you immediately that it has earned a good reputation in the market, even though it is not that old. It was founded by a company based in St. Vincent and the Grenadines, which is named Lencher ExPro LLC and is recognized as a forex and CFD broker. So, what has this platform done differently? Let’s uncover the truth:

A safe and secure trading environment

If there is one thing that makes Onyx Trade Group unique from a horde of brokers in the market, it is the safe and secure environment they have provided. The number of cyberattacks and breaches has increased significantly, so people have become extremely concerned about their money and information. Therefore, a number of security protocols have been adopted by Onyx Trade Group to ensure their clients don’t need to worry constantly. They protect all sensitive information through strong data encryption.

They maintain segregated accounts for their clients to protect their funds and to prevent any misappropriation from happening. Furthermore, Onyx Trade Group has also adopted the KYC and AML policies, known as Know-Your-Customer and Anti-Money Laundering. This ensures that their platform is not used for financial fraud, money laundering or identity theft.

Onyx Trade Group website

An award-winning trading platform

The trading platform that a broker provides is its most crucial feature because it determines your experience with them. Instead of offering any random solution, the MT4 trading platform has been added by Onyx Trade Group for the convenience of their clients. It is an award-winning platform that has become the undisputed market leader due to its state-of-the-art technology and top-notch trading features and tools. Interactive charts, superior trade execution, market news, trading signals and price alerts are just a few of the perks it offers.

However, it should also be noted that Onyx Trade Group doesn’t just give you access to the MT4 desktop client for Windows and Mac; you can also use the WebTrader if that’s more convenient, or you can download the MT4 mobile apps for Android and iOS, for trading on the go.

A demo account option

One of the prominent offerings of Onyx Trade Group that makes it special amongst the sea of brokers is the addition of a demo account. This is the perfect solution for traders who want to test their offerings before signing up with them. They can check out the trading conditions, platform and assets before depositing any money. Furthermore, a demo account is also an opportunity to practice some of your trading strategies to see how they would turn out.

A plethora of instruments

If there is one way for a broker to stand out, it is through the instruments it offers for trading. You will come to know that Onyx Trade Group has put together lucrative options from some of the leading financial markets for their clients. You can trade in the forex market, or go with CFDs on commodities, indices and stocks. There are cryptocurrencies that have also been added due to the increase in interest in this market. You will be able to diversify your investment portfolio with such a plethora of instruments.

Final Thoughts

These reasons are enough for anyone to opt for Onyx Trade Group and take advantage of the opportunities in the financial markets.

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