Onyx Trade Group Review

When there are hundreds of brokers offering their services in the market, opting for one feels like an impossible challenge. It is not humanly possible to go through every single option, as not only will it take time, but new ones are popping up regularly so you will never be done. Instead of doing so, it is better to make a shortlist of options and figure out the reasons to sign up with a particular broker. The purpose of this Onyx Trade Group review is to do so, as it will help you decide if they are worth signing up for.

Founded by Lencher ExPro LLC, which is registered in St. Vincent and the Grenadines, this brokerage is one of the names that will end up on your list. Onyx Trade Group has climbed up the ladder in the financial markets quicker than most other platforms and this obviously intrigues all traders. So, if you are wondering about the reasons to consider them, you can check out a few below.

Attention to Security

If there is one reason for you to consider signing up with any broker in the market, it should be security. Cybersecurity threats have increased significantly, which means online trading can be extremely risky. The security measures at Onyx Trade Group are nothing short of impressive because they have addressed the various concerns people tend to have. Your funds are maintained in segregated accounts for safekeeping and they verify accounts in accordance with the rules of AML (Anti-Money Laundering) and KYC (Know-Your-Customer) rules. This reduces the risk of identity theft, financial fraud and money laundering. Plus, SSL (Secure Socket Layer) encryption protects all sensitive information.

Availability of MT4

When you search for the best trading platform in the market, you will come across the name of MT4 (MetaTrader4). Boasting advanced trading technology and a feature-rich environment, it is considered top of the line and that’s why Onyx Trade Group has decided to offer it to its traders. As a matter of fact, it has provided its clients the flexibility of choosing from the MT4 desktop client for PC and Mac, Web Trader and mobile trading apps for Android and iOS ecosystems. All of them are capable of delivering a seamless trading experience for you, whether you are a newbie, or someone with experience under their belt.

Wide Array of Instruments

One of the most prominent reasons to consider signing up with Onyx Trade Group is their wide array of instruments. They have ensured that their clients can access the world’s leading financial markets through their platform and allow them to trade the instruments they prefer. You can trade in the forex currency market, recognized as the biggest financial market in the world. They also have CFDs available, which include indices, stocks and commodities. More recently, cryptocurrencies have also been added and this is just another bonus for their clients. Diversifying your portfolio becomes immensely easy here.

A Demo Account

Another great reason to opt for Onyx Trade Group is the availability of the demo account. This is the perfect opportunity for you to be able to test the broker’s platform and get an idea of what services and features you can expect to get from them if you sign up. It saves you from having to risk your money before you are sure of the broker. In addition, since you are not investing any real money, you can also use it for getting in some practice. This way, you will be able to perfect your trading strategies and make the most of your trading by eliminating any mistakes you may be making.

Final Thoughts

There are also other reasons, such as the top-notch customer support, excellent trading conditions as well as convenient payment solutions that Onyx Trade Group can offer to you, making it a sound choice for any trader.