Onyx Trade Group: reviews and detailed information about the broker
Onyx Trade Group: review and information
In today’s world, as online trading gains momentum, choosing a reliable broker becomes extremely important. With a huge number of offers, it becomes problematic to pay attention to each one. In this review, we invite you to get acquainted with the company Onyx Trade Group. This is an English-speaking trading platform that allows trading CFDs and currencies from anywhere in the world. Let’s see how reliable this broker is and what reviews say about it.
Main information about the company Onyx Trade Group
The website onyxtradegroup.uk is designed in a typical style for such resources. However, although the company is positioned as international, the only language of communication with clients is English. The Onyx Trade Group website lacks a significant amount of information about the company itself. The “About Us” section only provides general information about trading experience, professional team, and company goals. There is no history of development or customer reviews, which raises certain doubts. According to data from the whois service, the domain was registered only in April 2021.
Legal information
According to the information on the website, the Onyx Trade Group brand belongs to the company Lencher ExPro LLC, registered in the offshore zone of the state of Saint Vincent and the Grenadines. This may be a negative signal for traders, considering that such registrations in offshore zones often raise concerns. According to the legislation of Saint Vincent and the Grenadines, forex brokers have not been issued licenses since March 2018, raising questions about the control and regulation of the activities of such companies. The lack of a license from the Central Bank of the Russian Federation also poses certain risks for clients of Onyx Trade Group.
Trading opportunities
Upon registration, the user gains access to the popular MetaTrader 4 trading platform. Thanks to a simple registration process that does not require choosing an account type, Onyx Trade Group aims to attract a wide audience. There are only two types of accounts: real and Islamic. Opening an account requires registration, during which you can choose your country from an extensive list. The lack of a license and contact details raises questions about the seriousness of this company.
Reviews of the company Onyx Trade Group
Due to the recent appearance of the resource, there are few reviews of the company Onyx Trade Group at the moment. Currently, in the network, you can find only a few English-language reviews that highlight the trading conditions but ignore important aspects such as registration and legal protection for traders. Be vigilant and trust only verified sources of information.
Conclusion
Based on the information presented, it is advisable to approach the registration on the Onyx Trade Group platform with caution. The lack of a license, official regulation, and insufficient contact information can be serious obstacles to safe and successful trading.