TotalFX

WikiFX | 2025-07-29 15:04

Abstract：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 Review Summary
Founded	2000
Registered Country/Region	South Africa
Regulation	FSCA (Exceeded)
Market Instruments	Forex, shares, indices, cryptocurrencies, metals, energies, ETFs, soft commodities
Demo Account	/
Leverage	Up to 1:1000
Spread	From 0.0 pips
Trading Platform	cTrader, MT5
Copy Trading	✅
Minimum Deposit	0
Customer Support	Contact form
	Tel: +27600389903
	Email: support@totalfx.com
Regional Restrictions	United 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.

Pros and Cons

Pros	Cons
Various trading products	Exceeded regulation
MT5 and cTrader platforms	Unknown payment methods
Copy trading

Is TotalFX Legit?

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

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Financial Sector Conduct Authority (FSCA)	Exceeded	ONAM TRADING (PTY) LTD	Financial Service Corporate	51105

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	❌

Account Type & Fees

Here are two account types TotalFX offers:

Account Type	Minimum Deposit	Spread	Commission
Zero	0	From 0.6 pips	$0
Raw	0	From 0.0 pips	$2.75 per side

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 Platform	Supported	Available Devices	Suitable for
cTrader	✔	Desktop, Web, Mobile, Tablet	Experienced traders
MT5	✔	Desktop, Web, Mobile, Tablet	Experienced traders
MT4	❌	/	Beginners