- Jun 18, 2023 The Spanish CNMV adds OnyxTraders to its warning list
On June 19, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added OnyxTraders to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=1
- Jun 19, 2023 BrokersView has reviewed that OnyxTraders is an unregulated broker
The failure of OnyxTraders to disclose its regulatory information and licensing data can be interpreted as a scam indicator. Legitimate brokers always prominently display their accreditation and licenses to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. This is a red flag. The broker claims to be located in Switzerland, where individuals and companies of the financial industry are required to obtain authorization from the Swiss Financial Market Supervisory Authority (FINMA). However, our search for this trading platform in the FINMA registry didn't yield any results. This means it is operating outside the regulatory framework.
Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has added OnyxTraders to its warning list for providing investment services without authorization.
In essence, OnyxTraders is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
The failure of OnyxTraders to disclose its regulatory information and licensing data can be interpreted as a scam indicator. Legitimate brokers always prominently display their accreditation and licenses to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. This is a red flag. The broker claims to be located in Switzerland, where individuals and companies of the financial industry are required to obtain authorization from the Swiss Financial Market Supervisory Authority (FINMA). However, our search for this trading platform in the FINMA registry didn't yield any results. This means it is operating outside the regulatory framework.
Furthermore, the Comisión Nacional del Mercado de Valores (CNMV) has added OnyxTraders to its warning list for providing investment services without authorization.
In essence, OnyxTraders is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
- Jul 27, 2023 The Swiss FINMA issues a warning against OnyxTraders
On July 28, 2023, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against OnyxTraders, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warning-list/onyxtraders-inc/
On July 28, 2023, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against OnyxTraders, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warning-list/onyxtraders-inc/
- Oct 22, 2025 BrokersView has identified that OnyxTraders's website is currently offline
BrokersView found that the domain "https://www.onyx-traders.net/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "https://www.onyx-traders.net/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
Copyright © 2026 FastBull Ltd
Risk Warning
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
Disclaimer
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.