Company Profile
Company Profile
Review summary
| Onyx MarketsReview Summary | |
| Founded | 2024 |
| Registered Country/Region | United Kingdom |
| Regulation | Suspicious Clone FCA License |
| Market Instruments | Forex, Indices, Commodities, CFDs |
| Demo Account | ✅ |
| Leverage | Varies based on the asset class |
| Spread | / |
| Trading Platform | MT5 |
| Min Deposit | / |
| Customer Support | Email: trading@onyxmarkets.co.uk |
| Phone: +44 203 097 5000 | |
| Live Chat | |
| Company Address:114a Cromwell Road, London SW7 4ES, United Kingdom | |
| Regional Restriction | USA, Belgium, or any country outside the UK |
Onyx Information
Onyx Markets is a global online trading platform specializing in CFDs like forex, commodities, and indices. It offers competitive spreads and multiple account types tailored to diverse trading strategies. The platform integrates MetaTrader 5 (MT5), providing advanced charting, algorithmic trading, and seamless access to international markets.
Pros & Cons
| Pros | Cons |
| MT5 supported | Suspicious Clone FCA License |
| Demo account available | Regional restrictions |
| Multiple contact channels |
Is Onyx Markets Legit?
Onyx Markets is regulated by the Financial Conduct Authority, holding a market maker license (No.822509).
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
 | Financial Conduct Authority | Onyx Capital Advisory Limited | Suspicious Clone | Market Maker (MM) | 822509 |
What Can I Trade on Onyx Markets?
Onyx Markets provides access to trading CFDs and Spread Bets on a range of underlying assets, including:
- Currency Pairs (Forex)
- Indices
- Commodities
| Trading Asset | Available |
| forex | ✔ |
| commodities | ✔ |
| indices | ✔ |
| energies | ❌ |
| metals | ❌ |
| stocks /shares | ❌ |
| cryptocurrencies | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
Account Types
A demo account is available on Onyx Markets to let traders test out this platform without risking any actual money.
Onyx Markets allows traders to open a Joint Account, which means an account shared by two or more individuals that allows all account holders to contribute funds, make investment decisions, and manage the account individually and, where necessary, collectively. Each holder has equal rights to access and control the account. Unless notified otherwise, joint account holders will be treated as joint tenants.
Furthermore, Onyx Markets classified your account as a linked account.
Leverage
Leverage on this platform varies depending on the asset class, market conditions, and client classification. Specific details on margin requirements and leverage ratios are available on the Trading Platform and/or Website.
Fees
Fees & Commissions: Onyx Markets may charge you fees and commissions, which can change. You must regularly check your statements for accuracy.
Third-Party Fees: Onyx Markets isnt responsible for extra fees charged by banks or financial services for transferring funds.
Additional Costs: Youre responsible for any commissions, transaction taxes, stamp duties, and government fees based on your trading activities and jurisdiction.
Disclosure: Any third-party fees or benefits received by Onyx Markets will be disclosed upon request.
Trading Platform
Onyx Markets utilizes MetaTrader 5 (MT5) as their trading platform. MT5 is provided by the third-party company MetaQuotes, and Onyx Markets retains the right to use and access this platform. Clients are responsible for familiarizing themselves with all aspects of the platform before attempting to trade on it.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced trader |
| MT4 | ✔ | Desktop, Mobile, Web | Beginner |
| Trading View | ❌ | Desktop, Mobile, Tablets, Web | Beginner |
Deposit and Withdrawal
Traders have the right to deposit and withdraw funds via methods specified on the Trading Platform. Key points include:
- Deposits and withdrawals must be made using accounts in the client's name.
- The processing time for deposits and withdrawals may vary depending on the method used.
