OnsaFX Review
137
Review
Fast Facts
Account types
| Standart Account | Advanced Account | Elite Account | Basic Account | |
|---|---|---|---|---|
| Minimum Deposit | 1'000 USD | 5'000 USD | 10'000 USD | 100 USD |
| Maximum Leverage | 1:500 | 1:300 | ||
| Spread from (pips) | ||||
| Commission per lot (USD) | 0 | |||
| Minimum Trade Size | 40.015 | |||
| Step | ||||
| Execution Type | ||||
| Trading Instruments | Futures, Indices, Metals, Commodities, Shares, Forex | |||
| Margin Call | ||||
| Stop out | 50% | |||
| Swap Free | ||||
| Currency | CAD, AUD, JPY, GBP, EUR, USD, BDT | CAD, AUD, CHF, JPY, GBP, EUR, USD, BTC | CAD, NZD, AUD, CHF, JPY, GBP, EUR, USD, BDT | AUD, JPY, GBP, EUR, USD, BTC |
Deposits / Withdrawals
- Deposit Methods: Neteller, MasterCard, Skrill, Bank Wire Transfer, Bitcoin, Visa
- Withdrawal Methods: Bank Wire Transfer, Visa, MasterCard, Bitcoin, Skrill, Neteller
- Account Currencies: CAD, AUD, JPY, GBP, EUR, USD, BDT, CHF, BTC, NZD
Contact Info and Support
26 Baker Street, Rosebank, Johannesburg, South Africa, 2196
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | 2137713 |
| Country Code | TR | |
| Country Rank | 43361 | |
| Category Rank | - | |
| Engagement metrics | Visits | 5053 |
| Bounce Rate | 0.3445 | |
| Pageviews per Visit | 15.55 | |
| Avg. Visit Duration | 1666.58 | |
| Estimated monthly visits | July 2025 | 327 |
| August 2025 | 187 | |
| September 2025 | 5053 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - | |
| Top keywords | onsafx | 30 ◦ $20 |
| onsa | 3000 ◦ $0.21 ◦ $0 | |
| define economic schedule | 450 ◦ $0 | |
| how to trade head and shoulders in forex | 220 ◦ $0 | |
| mt5 tradona market downloadn | 220 ◦ $0 |
About OnsaFX
OnsaFX (Pty) Ltd is a South Africa–based broker operating through onsafx.com. The firm states it is authorised by the Financial Sector Conduct Authority (FSCA) under Category I FAIS licence FSP No. 53192 and lists its registered address as 26 Baker Street, Rosebank, Johannesburg, 2196, with company registration number 2023/648987/07. The website notes it is directed only at residents of the Republic of South Africa. Official site FSCA
The broker offers CFD trading across six asset classes: Forex, Metals, Indices, Commodities, Futures, and Shares. Four live account tiers are presented—Basic, Standart (Standard), Advanced, and Elite—with published minimum deposits of $100, $1,000, $5,000, and $10,000 respectively. Accounts are described as commission‑free with published spreads from 1.2 pips (Basic) down to 0.0 pips (Elite), minimum lot size 0.01, a 50% stop‑out level, and flexible leverage up to 1:300 (Basic) and up to 1:500 (Standart/Advanced/Elite). Available base currencies vary by tier and include USD, EUR, GBP, AUD, JPY, CAD, CHF, NZD, and BTC; a swap‑free/Islamic option is indicated. Official site Official site
Platform access is provided via MetaTrader 5 on Windows, macOS, iOS, Android, and WebTrader, with pages noting permitted automated strategies and the ability to use Expert Advisors (EAs). Site notices state the broker does not offer services to residents of certain jurisdictions, including the USA. Some pages mention leverage “up to 1:500” while another platform page references “up to 1:1000.” Official site Official site
Who it’s for
- South Africa–resident clients seeking an FSCA‑authorised provider with a Category I FAIS licence (FSP 53192).
- MT5 users who want desktop, web, and mobile access with EAs permitted.
- Traders preferring commission‑free, spread‑only pricing and a choice of four account tiers starting from a $100 minimum.
- Clients who need multiple account base currencies or a swap‑free/Islamic option.
Pros and cons
Pros
- FSCA‑authorised firm citing FAIS Category I licence, FSP No. 53192.
- MT5 available on Windows, macOS, iOS, Android and WebTrader; EAs permitted.
- Commission‑free accounts with published spreads from 1.2 to 0.0 pips; minimum lot 0.01; 50% stop‑out.
- Multiple account currencies (including USD, EUR, GBP, AUD, JPY, CAD, CHF, NZD, BTC) and swap‑free option.
Cons
- Website states services are not offered to residents of certain jurisdictions, including the USA.
- Higher minimum deposits for upper‑tier accounts ($1,000 / $5,000 / $10,000).
- Site pages present inconsistent maximum‑leverage figures (account pages up to 1:500 vs. a platform page referencing up to 1:1000).
