Score

1.51 /10
Danger

ONYX TRADER

Suspicious Regulatory License

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.97

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

ONYX TRADER

Company Abbreviation

ONYX TRADER

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
ONYX TRADER · Company summary
Registered Country China ( not specified)
Regulation No license
Operating Period 2-5 years
Minimum Deposit N/A
Demo Account N/A
Trading assets Forex
Payment Methods Not specified
Customer support Email: info@onyxtrader.comOfficial Website: http://www.onyxtrader.com/

Since ONYXs official website (http://www.onyxtrader.com/) cannot be opened for now, we could only piece together the rough picture of this broker by gathering some relevant information from other websites.

General Information

ONYX TRADER, registered in China, is a privately-owned corporation that has possessed several experiences in business, however, it has not given its specific registered address to the public yet.

Regulation

ONYX TRADER disappoints us when it comes to regulation, for it does not hold any license to support its operation. And thats why WikiFX has given it a very low score of 1.43/10.

regulation

Trading Platform

ONYX TRADER claims that it offers a trading platform with a plethora of features including low latency which is used for low latency streaming quotes and news delivery, and Pure HTML5 runs on the modern web browser on Mac, PC, or tablet, and free True Market price, as well as news data which could be calculated automatically for a quicker trading decision, and broker monitoring that could detect and keep track of order slippage and execution time, and the chance to chat with other traders.

Customer Support

Unfortunately, we could not get relevant contact information on the official website. Clients with any inquiry can only get in touch with ONYX TRADER through dropping them an email at info@onyxtrader.com.

Pros & Cons

Pros Cons
None No regulation
Inaccessible official website
Poor customer support
Many negative reviews

Frequently Asked Questions

Is ONYX TRADER regulated?

No, ONYX TRADER is not regulated anyway.

How can I contact ONYX?

ONYX can only be reached through an email: info@onyxtrader.com.

Risk Warning

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose.

User Reviews

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User comment

3

Comments

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傑jay
more than one year
I knew it! This broker would run away soon or later. They contacted me to make an investment here. But when I asked them for license details, they began to treated me very rudely and insulted me…
I knew it! This broker would run away soon or later. They contacted me to make an investment here. But when I asked them for license details, they began to treated me very rudely and insulted me…
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2023-02-21 21:27
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哇哈哈60621
more than one year
Good! Do you have an idea of how better this is to finally use MT4? It is so much better! ONYX TRADER makes my life much easier now. Also, The support is very good.
Good! Do you have an idea of how better this is to finally use MT4? It is so much better! ONYX TRADER makes my life much easier now. Also, The support is very good.
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2022-12-12 13:44
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