About Us

Onyx Markets is a Trading Platform for CFDs & Spread Betting, Brought to you by Onyx.

Who is Onyx Capital Group?

In 2016 Onyx Capital Group started as a young specialist market-maker in a niche area of the financial oil markets. Today, we are one of the largest volume players in the financial oil market, and the world’s leading liquidity provider. We trade over 25 billion¹ barrels a year, approximately $2 trillion² a year in notional oil value, and we are still growing. We have created further world-class services to encourage trade and boost market liquidity – including a first-of-its-kind financial oil market research service, positioning and pricing data, brokerage and software services.

What Is Onyx’s Role in Oil Markets?

The financial oil market is incredibly important to the global oil economy, these financial oil deals account for approximately 95% of the total combined daily volume of both physical and financial oil. Global oil demand is currently approximately 100 million barrels per day (bpd) whereas financial oil transactions on the key Futures exchanges reaches about 2,000 million bpd³, representing 20 times the volume relative to the global physical oil market. These financial oil deals dominate liquidity and transparency and therefore influence the value of the physical oil indices (e.g as reported by Platts, Argus and OPIS). Therefore an immense dollar value is transferred every day from producers to the end-users – all determined by these indexes and financial oil contracts.

With Onyx’s role as an oil liquidity provider – i.e. providing oil swap prices and taking on the market’s price risk and managing it ourselves – we play a crucial role in the price discovery/transparency of oil markets – and, therefore indirectly, the whole oil market pricing mechanism. But we don’t stop there: we encourage trading/liquidity by helping people to trade, through our research, data, advisory & consultancy, media marketing, and learning & development. We encourage anything that supports liquidity in the financial oil market.

What is the Mission?

Whether it’s liked or not, oil makes up 30%⁴ of global energy demand and also critically contributes between 3-6% of the world’s GDP⁵. There are billions and billions being made by middlemen, in a clunky, opaque and protectionist market.

We want to see oil markets opened up to the world on a level playing field. In a word: democratise. The more that consumers – both companies and individuals – understand and embrace the market, the bigger the benefit. We want to see a highly efficient, diverse and technology-advanced oil market, much like the market revolution that has occurred in FX and equity markets over the last couple of decades.

So, by providing access, transparency and education to the financial oil market, we believe we will make the market fairer and better functioning, which will benefit the world economy.

What Has Onyx Markets Got to Do with This?

Onyx Markets is a huge step forward for this mission at Onyx Capital Group.

We are using Onyx Markets to open up access to investors, SMEs and retail traders to the real, wholesale oil market. With this platform, anyone and everyone can participate in day-to-day trading that in turn sets 95% of the final end-user price.

The more participants that enter this market, the bigger the liquidity pool and the more functional it will be. The contracts outside of the big name contracts like Brent. WTI, RBOB and Heating Oil are the contracts that really set the wholesalers price, and these contracts have a lot more development to be done. The retail community can help this happen.

What About Regulation?

We are fully authorised^* and committed to the stringent regulations of the Financial Conduct Authority (FCA), ensuring a secure and transparent trading environment for all our clients.

CFDs (Contracts for Difference) and spread betting are versatile and efficient ways to speculate on financial markets. They allow you to trade on price movements across commodities, indices, currencies, and more without owning the underlying assets. Both offer significant opportunities but also involve risks due to leverage.

• CFDs: Trade contracts tied to the price of an asset. These are ideal for traders who want precise position sizes and direct access to financial markets.
• Spread Betting: Tax-free** bets on the price movements of financial instruments, with profits depending on the accuracy of your market predictions.

How We Protect You

Your security and trust are our top priorities. We take comprehensive measures to safeguard your trading experience:

• Risk Disclosure:
  • CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs and spread bets with this provider. You should consider whether you understand how CFDs and spread bets work, and whether you can afford to take the high risk of losing your money.
  • We encourage all clients to fully understand these risks before trading, and recommend seeking independent financial advice if needed.
  • To help you make informed decisions, we provide educational resources and tools to manage risk effectively. Please find a link to our materials here: Terms of Business – Onyx Markets.
• Client Funds Protection:
  • All retail client funds are held in segregated accounts⁶ with top-tier banks, separate from our operational accounts. This ensures that your money is protected and never used for business activities.
  • We operate with full regulatory transparency, complying with all FCA mandates for the security and management of client funds.
• Negative Balance Protection for Retail Clients⁷:
  • Whether you trade CFDs or engage in spread betting, we ensure you cannot lose more than the funds in your trading account⁸. Our negative balance protection mechanism automatically closes positions if your account equity reaches zero.
• Real-Time Risk Management:
  • Our advanced trading platform includes tools for real-time risk monitoring, such as stop-loss orders⁹, margin notifications, and customizable risk settings, empowering you to trade with confidence.
• Education and Support:
  • We provide an extensive range of learning materials, including webinars, tutorials, and guides, tailored to improve your trading skills and deepen your understanding of CFDs and spread betting.

Start Trading with Confidence

At Onyx Markets, we are more than just a trading platform—we are your partner in navigating the financial markets securely and responsibly.

Want to Learn More?

Visit our FAQs for detailed information on our risk management practices, fund protection policies, and regulatory commitments.

Start your journey with Onyx Markets and discover the future of trading today.

Citations

• [1] Based on third-party monthly trade volume data provided to Onyx’ by its Futures Clearing Merchants.
• [2] $80/bbl multiplied by 25 B bbls ~ 2 Trillion USD notional value.
• [3] Futures Exchange’s oil volumes are approximately 2M contracts per day across the top six oil contracts (each 1000bbls per contract) Volume & Open Interest Reports Historical Volumes i.e. 2 billion bbls of financial oil traded daily.
• [4] Oil at 31% of total global energy mix – World – World Energy Balances: Overview – Analysis – IEA.
• [5] Why oil prices matter to the global economy – an expert explains | World Economic Forum.
• [6] Professional clients have the option to segregate their money or hold it in a non-segregated account. Subject to our Terms of Business.
• [7] Professional clients and eligible counterparties are not subject to the same protection. Please refer to our Terms of Business for further information.
• [8] Losses may exceed the value of your total deposited funds. Negative balance protection will prevent the value of your account from falling below £0.
• [9] This feature is only available for products that are electronically executed.

* Onyx Capital Advisory Limited Reference number: 822509 Onyx Capital Advisory Limited FCA registration and authorisations, ** Tax regulations are subject to change,