Onyx Trade Group Review
If you are the one to follow trends, then you should certainly give online trading a try, as it is one of the biggest trends of the last few decades. There is a lot of money to be made in the financial markets and you don’t have to be a skilled and professional trader to try your luck. As long as you have a solid broker, you can delve into this world and earn good returns. The problem is that finding such a brokerage has become tougher than ever, due to the sheer number of options that exist in the market. This Onyx Trade Group review can simplify the process.
It is aimed at providing you with a deeper looking into Onyx Trade Group that has become a notable forex and CFD broker, which is operating from the UK. It was founded by a company registered in St. Vincent and the Grenadines named Lencher ExPro LLC. But, can it provide you what you need? In order to find out, you have to understand the prominent features of Onyx Trade Group and this review helps you do so:
Three Trading Solutions
Perhaps, the most noteworthy feature that Onyx Trade Group offers is its three trading solutions. How? The broker has added the MetaTrader4 (MT4) suite to its offerings, which is regarded as the industry standard when it comes to trading. There are different versions of the MT4 that can be found and you will find all of them offered here, which gives you the freedom to choose the one that seems suitable to you. You can use the MT4 desktop client, which is available for both Windows and Mac. It is a cutting-edge platform that offers interactive charts, technical indicators, trading signals and automated trading features.
If you don’t want to download a platform, you can opt for the WebTrader that has also been added by Onyx Trade Group for their clients’ ease. It works on all devices supporting a browser and it also gives you access to some of the top tools and features. Lastly, there are mobile trading apps that can be downloaded on iOS and Android devices and used for trading from anywhere and at any time. Every platform offers an intuitive user-interface and fast trade execution.
Security of Funds
One feature that everyone wants to see in a broker is security of their hard-earned money and Onyx Trade Group has definitely delivered in this regard. They understand the importance of keeping client deposits safe, so they have decided to implement account segregation rules. The aim is to keep all of the traders’ money in separate accounts i.e. they are not mixed with the company’s own. This is an excellent way of ensuring that the funds are only used for trading purposes and there can be no misappropriation. If the company goes bankrupt, they would be returned to the clients. This saves you from having to stress about your investment.
Another essential feature of any platform that you need to check out is the trading instruments they will provide you for trading. You will earn profits by trading these instruments, so you need to know which ones are available. An array of options are at your disposal when you opt for Onyx Trade Group because their goal is to enable their clients in maximizing their returns. They are a Forex and CFD broker, which means you can trade in the foreign currency market, which is the world’s biggest financial market, along with CFDs on different instruments.
These options include stocks, indices, and commodities and now cryptocurrencies can also be found. This allows you to diversify your investment on Onyx Trade Group and this can minimize your risks and maximize profits.
Some other features that Onyx Trade Group offers include an easy account opening process, a demo account, zero commission and a wide range of deposit and withdrawal methods for your ease.