TotalFX

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

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.

Account Type & Fees

Here are two account types TotalFX offers:

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