OnyxInvest: customer reviews of the company’s performance in 2023.

OnyxInvest: customer reviews about the company’s work in 2023

When choosing a financial partner, it is important to pay attention to legal documents and the opinions of other depositors. However, if reviews are not available, additional verification is necessary. In this review, we will look at the company OnyxInvest and what we have managed to find out about it.

Key Features

OnyxInvest does not disclose information about its experience in financial markets, but provides the following data:

  • 6 liquidity providers,
  • 40,000 real clients,
  • geographical coverage – 26 countries,
  • $12 billion in investments in trading accounts.

Although the figures are impressive, they are not confirmed by any documents, just like the awards the company has received since 2020.

A check of the information provided by the company revealed that onyxinvest.trade was registered in December of the previous year. This raises doubts about the accuracy of the company’s provided data.

Legal Aspect

OnyxInvest claims to comply with the legislation of the client’s country of residence and meets the requirements of the MiFID directive. However, the company does not have a license to provide services in the Russian-speaking segment, which creates risks for users.

The company also claims to have an IFMRRC certificate, but its presence does not guarantee security for traders, as reviews and incidents with similar companies have shown.

Trading Conditions

OnyxInvest offers market execution of trades and a wide selection of trading instruments. The maximum leverage is 1:1000, which is a high ratio, and the minimum position size is 0.01 lot.

  • 200+ trading instruments,
  • automated trading,
  • bonus rewards up to 25%,
  • partner program with up to 15% payment from a newcomer’s deposit,
  • account activation from $5.

Customer Reviews

There are currently no negative reviews about OnyxInvest, but experience with similar companies suggests that trust should be built cautiously. Reviews about the ParadTrade clone, representing the same company, indicate a negative experience.

Safety and Fund Withdrawal

Users registering on the platform should understand that there is a risk of losing funds since the company does not have the necessary licenses. There are no guarantees of earning and fund withdrawal, so it is necessary to be careful when choosing a financial partner.

Final Conclusion

OnyxInvest may pose certain risks for traders due to the lack of licenses and a confirmed reputation. It is recommended to exercise caution and conduct additional research before collaborating with this company.