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Score
South Africa
Questionable Regulatory License
MT5 Full License
Regional Brokers
High Potential Risk
Influence
Add brokers
Comparison
Quantity 1
Exposure
Score
Regulatory Index4.90
Business Index5.36
Risk Management Index2.79
Software Index5.97
License Index2.71
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
OnsaFX (Pty) Ltd
Company Abbreviation
OnsaFX
Platform registered country and region
South Africa
Company website
Company summary
Pyramid scheme complaint
Expose
OnsaFX is a South Africa-based global forex and CFD broker. Operating under the name OnsaFX (Pty) Ltd, the company is licensed and supervised by the Financial Sector Conduct Authority (FSCA), South Africa's leading regulatory body, under license number 53192. It is also registered with the U.S.-based Financial Crimes Enforcement Network (FinCEN).
OnsaFX offers its investors the ability to trade a wide range of instruments through the MetaTrader 5 (MT5) platform, including Forex, Metals, Indices, Commodities, Futures, and Stocks. Operating with a full MT5 license, the company stands out for its robust technical infrastructure and fast order execution system. The average order execution speed is 166.50 milliseconds, well below the industry average.
To cater to investors' diverse needs, four different account types are offered: Basic, Standard, Advanced, and Elite. The minimum deposit is just $0.01, with maximum leverage reaching up to 1:500. In the Elite account type, spreads start from 0.0 pips, providing highly competitive trading conditions for active traders. Hedging, scalping, and the use of Expert Advisors (EAs) are supported across all account types.
Going beyond simply being a trading platform, OnsaFX also offers its investors comprehensive educational content. Training materials prepared for users of every level, from beginners to experienced traders, guide investors who want to better understand the forex markets and develop their strategies. The customer service team stands by investors with support channels accessible 24/7.
Building a strong global brand identity, OnsaFX has also proven its international recognition by winning the “Best Forex Partnership Program” award at the Wiki Finance Expo Dubai 2025. The company continues to expand its global footprint with its emphasis on regulated operations, market transparency, and long-term partnerships.
South Africa-based OnsaFX, regulated under a Category I license (No. 53192) by the Financial Sector Conduct Authority (FSCA), is drawing attention in the global forex and CFD market with its Introduci
WikiFX
When a regulated global broker and a professional football club share the same values, a sponsorship becomes something more than a branding exercise. The strategic alliance between ONSAFX and Getafe C
WikiFX
ONSAFX, operated by OnsaFX (Pty) Ltd, is a South Africa-based CFD broker authorized by the Financial Sector Conduct Authority (FSCA) under FSP No. 53192. The company was registered in 2023 under regis
WikiFX
Understanding trading costs is one of the most important steps any trader can take before opening a live account. Spreads, commissions, and overnight fees directly affect profitability, and the way a
WikiFX
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