Onyx ForEx | Nick Deflorio | Leonardo Capital | The Platinum Club

We have recently been contacted by Onyx asking that we reconsider this review and so we have undertaken to make sure this review of Onyx and their on-line presence is fair and based on fact alone. Onyx promise a great future for prospective traders by signing on to their video training courses and have several websites showing their wares:

www.onyxforextrading.com | www.onyxfxglobal.com/free-training |  onyx-fx-platinum.mykajabi.com | www.onyxtrader.com

They are not to be confused with this MT4 ForEx Broker in California: http://onyxtoken.shop/index.asp

Onyx ForEx run the Trading Accelerator 2.0 course for $1497 USD and the trading accelerator 1.0 course for $4997 USD (although this is presumably to make the newer 2020 mk 2.0 course appear as amazing value as you no longer seem to be able to buy mk 1.0) 

The course is made up of recorded videos that have investment advice as well as many messages from what are described as live attendees from the time of recording. 

Onyx ForEx are upfront about the fact that not everyone may see the same results: 

*Earnings and income representations made by Nick Deflorio, Onyx  and their advertisers/sponsors (collectively, "Leonardo Capital") are aspirational statements only of your earnings potential. These results are not typical and results will vary. The results on this page are OUR results and from years of testing. We can in NO way guarantee you will get similar results. 

Onyx offer a very similar promise to that of the 1K daily profit site - earn $1000 dollars per day every day from your laptop without doing much work just following these ideas on the ForEx market. Now Foreign Exchange is very volatile and it can lose you everything in a very short space of time if coupled with leveraging (multiples of risk meaning that you can win or lose hundreds of times your original stake or deposit) and Onyx are selling courses on how to trade ForEx, possibly with CFDs. The ratings on TrustPilot are confusing as they state clearly that the results on the website are not typical, in other words, you will not achieve this, so why aren't more people complaining?

Now none of this is strictly illegal and may well be a reasonable way to learn to trade ForEx if you cannot find another resource. This may just be a trader who wants to help everyone from the goodness of their heart. It could also be that they are not as successful at trading as they let people imagine, and to supplement their trading income they have decided to make money out of selling courses that guarantee them a steady income.

Is there anything wrong with that attitude? No, it is a way of making sure money in a time when markets are extremely uncertain.

But the Onyx tactics for gaining an online presence are suspicious, firstly the website shows these companies inferring association:

	Onyx have no articles whatsoever on Yahoo Finance and have only a paid advert on Yahoo India which is not an article at all. This is a clear and undoubted sign of deception.
	Medium is a site of articles written by all sorts of people but we could find no mention of Onyx Forex anywhere
	We have no idea who this is but they seem to be based out of Bangladesh and Singapore
	Are a magazine online that are not specifically to do with trading, but Onyx do appear to have an article there. This whole magazine appears to be suspect to us, as if it is just an SEO linking service as all of the news appears to be about business success stories from named individuals with links to their sites  who have recently come from nothing.

   

Let's have a look at their online profile and see what they are really made of.

Firstly https://www.theamericanreporter.com/nick-deflorio-the-founder-in-onyx-forex-whose-main-focus-is-customers-success/

Let's have a look at this article: 

Nick Deflorio started as a real estate agent back in 2016. (http://www.speakingsame.com/agent.php?ph=0449934460&name=Nick+Deflorio appears to verify this) Despite making good money, he realizes that something was missing and that was freedom and flexibility. He quit his full-time job in a high-end real estate company, and pursued trading as a lifestyle business, and pushed himself to become the best trader. This is when he made some realization when his colleague who worked the same job as him made extra income on the side of trading the financial markets. He now runs Onyx Forex Review and trades on the side as he still wants to practice what he preached. Aside from his $250,000 in profits last year through the global pandemic, he helped over 400 students break free from their solo incomes and create a lucrative $500-$1,000 a day income through the click of a few buttons on their phone.

Now the 'American Reporter' was the first newspaper online not to be just re-told stories from printed newspapers. But it went out of print in 2016 when the originator of the project died. This news site is not the same news source, they have just hijacked the name. Judging by the way that so may articles are targeting an Indian audience, and that the copyright logo still says 2019 I think we can assume that this is no longer a reputable paper, and that it is run out of a country other than America.

Then he is on Yahoo here: https://in.news.yahoo.com/nick-deflorio-founder-onyx-forex-091430186.html but they do state: (Syndicated press content is neither written, edited or endorsed by ED Times.) So this is a paid ad from a syndication network and has nothing in it being checked by Yahoo at all. There is also no mention of this company or individual on Yahoo Finance, they just use the logo to pretend as much.

Next we see he is in: https://businessdeccan.com/nick-deflorio-the-guy-behind-onyx-forex-review-a-beginner-friendly-but-extremely-profitable-online-trading/ which claim to be in 47193 Romines Mill Road, Dallas, Texas 75247 which is an address that Google Maps say does not exist. You would expect Google on address in America to be correct.

If we look for a review, we see: