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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 Index5.07
Business Index5.46
Risk Management Index2.81
Software Index5.98
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.
OnsaFX is proud to announce that it has recently received two industry awards at the Global Forex Awards 2026, recognizing the companys rapid growth and its commitment to transparent trading practices
OnsaFX
OnsaFX took part in Forex Expo Dubai 2026, held on September 22–23, 2026, at the Dubai World Trade Centre (Halls 1–5). The two-day event brought together brokers, fintech providers, institutional part
OnsaFX
At OnsaFX, our partnership with Charity: Water, a globally respected nonprofit organization dedicated to ending the global water crisis, forms one of the central pillars of our ONShine Africa initiati
OnsaFX
Few brokers manage to build meaningful regulatory credibility, international brand recognition, and a loyal client base within their first three years of operation. OnsaFX, founded in 2023 and headqua
OnsaFX
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