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Home -
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TotalFX -

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

TotalFX

South Africa | 1-2 years |
Regulated in South Africa | Financial Service Corporate | MT5 Full License | Suspicious Overrun | Medium potential risk

https://totalfx.com/

Website
Open Account Time Machine

Rating Index

MT4/5 Identification

MT4/5

Full License

OnamTrading-Live

Italy
MT5
2

Influence

C

Influence index NO.1

Italy 5.18

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
OnamTrading-Live MT5
Server Location Italy

Influence

Influence

C

Influence index NO.1

Italy 5.18
Surpassed 40.70% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+27 600389903
support@totalfx.com
https://totalfx.com/
14 TRINITY STREET, BLOUBERGSTRAND, CAPE TOWN, WESTERN CAPE, 7441

Licenses

Financial Service Corporate

FSCA Exceeded

South Africa Financial Service Corporate

Licensed Entity：ONAM TRADING (PTY) LTD

License No. 51105

WikiFX Risk Alerts
2025-09-05
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 51105)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

Basic Information

Registered Region
South Africa
Operating Period
1-2 years
Company Name
ONAM TRADING (PTY) LTD
Customer Service Email Address
support@totalfx.com
Contact Number
+27600389903
Company Website
https://totalfx.com/
Account
Related Software
Biz Area
Website
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT5
0
MT4 Servers
1
MT5 Servers
147.50
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Perfect

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Details
Official website

Website

totalfx.com
104.26.0.231
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Company Summary

TotalFX Review Summary
Founded2000
Registered Country/RegionSouth Africa
RegulationFSCA (Exceeded)
Market InstrumentsForex, shares, indices, cryptocurrencies, metals, energies, ETFs, soft commodities
Demo Account/
LeverageUp to 1:1000
SpreadFrom 0.0 pips
Trading PlatformcTrader, MT5
Copy Trading✅
Minimum Deposit0
Customer SupportContact form
Tel: +27600389903
Email: support@totalfx.com
Regional RestrictionsUnited States of America, North Korea, Myanmar and Iran clients are not allowed

TotalFX Information

Founded in 2000, TotalFX is a broker registered in South Africa, offering trading on forex, shares, indices, cryptocurrencies, metals, energies, ETFs and soft commodities with leverage up to 1:1000 and spread from 0.0 pips on cTrader and MT5 trading platform. There is no minimum deposit requirement.

TotalFX's homepage

Pros and Cons

Pros Cons
Various trading productsExceeded regulation
MT5 and cTrader platformsUnknown payment methods
Copy trading

Is TotalFX Legit?

TotalFX is licensed by FSCA to offer services but exceeded. Please be aware of the risk!

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
South Africa
Financial Sector Conduct Authority (FSCA)Exceeded ONAM TRADING (PTY) LTDFinancial Service Corporate51105
Exceeded FSCA license
Domain information

What Can I Trade on TotalFX?

TotalFX offers trading on forex, shares, indices, cryptocurrencies, metals, energies, ETFs and soft commodities.

Tradable Instruments Supported
Forex✔
Shares ✔
Indices ✔
Cryptocurrencies ✔
Metals ✔
Energies ✔
ETFs✔
Soft commodities ✔
Bonds❌
Options❌
What Can I Trade on TotalFX?

Account Type & Fees

Here are two account types TotalFX offers:

Account TypeMinimum DepositSpreadCommission
Zero 0From 0.6 pips$0
Raw 0From 0.0 pips$2.75 per side
Account comparison

Leverage

TotalFX offers maximum leverage at 1:1000 for both account types. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
cTrader ✔Desktop, Web, Mobile, TabletExperienced traders
MT5✔Desktop, Web, Mobile, TabletExperienced traders
MT4❌/Beginners
Trading Platform

Keywords

  • 1-2 years
  • Regulated in South Africa
  • Financial Service Corporate
  • MT5 Full License
  • Suspicious Overrun
  • Medium potential risk

Wiki Q&A

Razzie87
Within 1 year

What are the pros and cons of TotalFX?

WikiFX Reply
Pros include a wide variety of trading instruments, high leverage, and advanced trading platforms like cTrader and MT5. The cons include its "Exceeded" regulation status and limited customer support channels.
Broker Issues
TotalFX
Regulation
07-25
United States
mohdfazlan
Within 1 year

Does TotalFX have any cons?

WikiFX Reply
The main con of TotalFX is its "Exceeded" regulatory status with the FSCA, which could potentially pose some risk to traders. Additionally, it has limited customer support options, with contact primarily via email and phone.
Broker Issues
TotalFX
Regulation
07-22
United States
edgeisedge
Within 1 year

What are the commission fees on TotalFX?

WikiFX Reply
On the Raw account, TotalFX charges a commission of $2.75 per side per $100,000 traded. The Zero account has no commission fees.
Broker Issues
TotalFX
Fees and Spreads
06-26
United States
mohdfazlan
Within 1 year

What leverage does TotalFX offer?

WikiFX Reply
TotalFX offers leverage up to 1:1000 on most of its accounts, providing traders with the ability to maximize their trading positions.
Broker Issues
TotalFX
Platform
Instruments
Leverage
Account
06-17
United States
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