Onyx Trade Group Review
Finding a brokerage is a prerequisite if you are interested in trading in the financial markets. If you are eager to explore the opportunities these markets have to offer, you will need the trading services that only a broker is capable of delivering. So, what is stopping you? The sheer number of companies that have popped up in the last few decades can overwhelm anyone and make it difficult for you to choose one option. No, it cannot be a random selection because you could end up with a shady or scam company as well. This is where Onyx Trade Group can make a big difference.
Amongst the hundreds of brokers that are operating in the market, you will come across Onyx Trade Group and its website will certainly draw your interest. Operating from St. Vincent and the Grenadines, it was established by a company named Lencher ExPro LLC, it has developed a strong reputation within a sport span of time. But, before you take things forward, you need to know its features and decide if they are suitable for you or not. The best way to find out is through this Onyx Trade Group review:
Array of instruments
The first thing that you will notice about the broker is that they have added an array of instruments to their offerings. This aspect of any broker is of the utmost importance because the assets and markets you trade in will determine the profits you make via online trading. Every company offers different options for you to trade and you should ensure they are in accordance with your risk tolerance.
You will find that an array of instruments has been added by Onyx Trade Group for its clients. You can trade in some of the world’s biggest financial markets, such as forex, commodities, stocks, indices and cryptocurrencies. With such options at your disposal, you will be able to diversify your portfolio, thereby minimizing your risks and maximizing your profits.
Top trading platform
If there is one feature of the broker that can make or break your experience, it is their trading platform. This is the software used for trade execution and if it isn’t powerful enough, or doesn’t work efficiently, you will not be able to take advantage of the opportunities in the financial markets. The good news is that Onyx Trade Group has added the top trading platform that can be found in the market i.e. the MetaTrader 4 (MT4).
This next-generation trading platform is preferred by all professional and skilled traders due to its feature-rich environment and its simplicity combined. Therefore, this has been added by Onyx Trade Group to its offerings. You will be able to enjoy the perks of instant trade execution and one-click trading. The platform also comes with tools, such as interactive charts and graphs, trading signals, price alerts, different risk management tools and technical and fundamental analysis features.
Excellent security measures
The profitability of the financial markets has attracted many traders, but it has also brought in cybercriminals who are looking to take advantage of the opportunity to exploit people. Your hard-earned money could be stolen, and hackers can also misuse your personal and confidential data. These are consequences that no one wants to face, so you have to opt for a broker that can offer you excellent security. They should be able to provide your information and funds the security and safety they need.
A quick check will reveal that Onyx Trade Group is more than capable of doing so. Their use of SSL (Secure Socket Layer) technology for encrypting data and their policy of maintaining segregated accounts with top banks can do this job quite well. They are also AML (Anti-Money Laundering) and KYC (Know-Your-Customer) compliant and this mitigates the risk of money laundering, financial fraud and identity theft.
Conclusion
The responsive customer support, competitive trading conditions and diverse account options offered by Onyx Trade Group add further value and make it a good and dependable trading solution.
