The FSCA doesn't publish licensed firms' domains, raising potential impersonation risks.
OnsaFX
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Licence Status
B
FSCA FSP53192
Authorised
Account Type
--
Score
Trading Platforms
Android,
iOS,
Webtrader,
Windows,
Mac (MT5)
Min Deposit
1000.0 USD
Max Leverage 1 : 500
Min Trade Volume
Lots (MT4) 0.01
Lots (MT5)
Stop Out Level 50%
Commission
0 USD
Spread Type
Variable Spread
Account Currencies
CAD,
AUD,
JPY,
GBP,
EUR,
USD,
BDT
Trading Instruments
Futures,
Indices,
Precious Metals,
Commodities,
Shares,
Forex (MT5)
Islamic
Deposit and Withdrawal
7.0
Good
Company and Service
--
Score
Profile
Headquarters Address
26 Baker Street, Rosebank, Johannesburg, South Africa, 2196
Founded 2023
Credit Profile No information
Trading Platforms
MT5
Mac,
Windows,
iOS,
Android,
Webtrader
Contact
No Data
Others
Website Language
English
Customer Service By
Phone,
Live Chat,
Web Form
A trading universe where real market conditions meet transparency and innovation. Built together with our team, partners, and clients an ecosystem of trading excellence
ONSAFX
Established in 2023 as M and GH Holdings, our company has been operating under the name ONSAFX since 2025. We are licensed and regulated by the Financial Sector Conduct Authority (FSCA) under license number 53192. Within just two years, we have established ourselves as a leading brokerage in the African market. Today, we continue to operate in global markets with the same passion and commitment as day one.
The ONSAFX Trading Experience
Regulated: We are licensed and regulated by the Financial Sector Conduct Authority (FSCA) under license number 53192. This ensures client protection, operational transparency, and compliance with international financial standards
Wealth Creation: With thousands of trading instruments, next-generation platforms, tailored client solutions, competitive trading conditions, continuous expert support, and product advantages, we help ensure consistent profitability for our clients.
Qualified: Our clients receive ongoing educational support tailored to their needs, with progress closely guided by our experts. Through corporate training partnerships, we help them gain a broad perspective on financial markets.
Consistent: We prioritize consistent, risk-managed trading over short-term, high-risk approaches for our clients. Our goal is to turn this philosophy into a core principle for every client
Overall Score
7.5
2 Reviews
Cost 7.0
Platforms 7.5
Deposit & Withdrawal 7.0
Customer Support 7.0
Indicates the average level of Brokers
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2 Reviews Clear filter
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Muhammad A
Best and authorized platform for SAFE trading.Thanks to Onsa. :)
Jan 16, 2026
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Reply
Matthew Darami
OnsaFX’s spreads are much wider than advertised. Trading costs were higher than expected, withdrawals were complicated, and support was indifferent. Overall, a poor experience.
Dec 16, 2025
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Reply
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Risk Warning
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
Disclaimer
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.