OnsaFX (Pty) Ltd
Primary
ZA
2023/648987/07
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2 entities
2 accounts
unverified
unverified
Broker profile
ON
OnsaFX Review: Is It Legit and Regulated?
OnsaFX (Pty) Ltd
ZA
Operating period unverified
AKA M and GH Holdings
AKA ONSA FX
FindMyFX score
high risk4.6/10
0
Score out of 10
10
Independent assessment
Updated 2026-08-01
Contact & regulation
- Official website
- onsafx.com
- Address
- 42 X-Ray Fish Street, Kaalfontein, Johannesburg, South Africa 1632
- Contact
- 42 X-Ray Fish Street, Kaalfontein, Johannesburg, South Africa 1632
- Primary license
- FSCA · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is OnsaFX legit and regulated?
FindMyFX has license records for OnsaFX, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
South African intermediary brand whose official disclosures identify OnsaFX (Pty) Ltd as an FSCA Category I FSP and Onsa FX Ltd in Saint Lucia as the trading counterparty.
Professional broker overview
FindMyFX editorial summary
OnsaFX states that OnsaFX (Pty) Ltd is a South African Category I FSP under number 53192 and acts only as an intermediary, while Onsa FX Ltd in Saint Lucia is the contracting counterparty and execution entity. The account page lists Basic, Standard, Advanced and Elite accounts on MT5, with leverage from 1:300 to 1:500 and indicative floating spreads from 1.2 to 0.0 pips. The reviewed FSCA page was a search interface rather than a direct entity record, so the South African licence remains partially verified for import.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: The brand's South African FSP does not act as principal according to the official disclosure; trading exposure and execution sit with the Saint Lucia entity. The Saint Lucia company registration is not treated as a financial-services licence. The page also shows more than one South African address, so the current registered and operating address should be confirmed.
- Operational status
- active
- Broker type
- unknown
- Execution model
- OnsaFX states that the South African entity introduces clients, while Onsa FX Ltd in Saint Lucia contracts with clients, executes orders and manages market exposure.
- Support hours
- 24/5
Documented advantages
- The broker explains the separation between its South African intermediary and Saint Lucia trading counterparty.
Documented limitations
- The South African entity does not act as principal or trading counterparty.
100%coverage
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
Onsa FX Ltd
LC
2025-00284
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
Trading access
Account types
Available account structures and their current verification state.
Basic
unverified- Deposit
- Not shown
- Leverage
- 1:300
No commission stated
- Spread
- From 1.20 pips
- Base currencies
- USD, EUR, GBP, AUD, JPY, BTC
- Margin call / stop-out
- —% / 50.00%
- Demo / Islamic
- Unknown / Yes
- Balance protection
- Unknown
- Last verified
- Not verified
Standard
unverified- Deposit
- Not shown
- Leverage
- 1:500
No commission stated
- Spread
- From 0.70 pips
- Base currencies
- USD, EUR, GBP, AUD, JPY, BTC, CAD
- Margin call / stop-out
- —% / 50.00%
- Demo / Islamic
- Unknown / Yes
- Balance protection
- Unknown
- Last verified
- Not verified
Markets and instruments
Commodities
unverified
Forex
unverified
Futures
unverified
Indices
unverified
Metals
unverified
Shares
unverified
Additional broker contacts
Support
+27 010 158 4439
Research sources
Licenses and regulators
FSCA
53192
Last verified: Not shown
Type: Category I Financial Services Provider
Client class: other
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Jurisdiction-specific offerings
ZA · other
unverifiedEntity not linked · Leverage not shown
Compensation scheme not shown
Score components
Regulation and licenses
5.0/10 · 35%A specific FSCA FSP number, category and scope are disclosed, but a direct register result was not captured.
Security and track record
2.5/10 · 20%The group explains counterparty and risk allocation, but independent client-fund protection and incident-history evidence was not reviewed.
Trading conditions
7.5/10 · 15%The broker publishes four account tiers with spreads, leverage, stop-out, currencies, instruments and MT5 access.
Company transparency
7.5/10 · 10%The South African and Saint Lucia entities, registrations, roles, addresses, FSP number and restrictions are disclosed.
Service quality
5.0/10 · 10%The site lists a support phone, 24/5 account-manager availability and MT5, but no verified service-quality dataset was reviewed.
Verified user reviews
0.0/10 · 10%No inspectable verified user-review dataset was found in the reviewed official or regulatory sources.
Profile update history
Broker profile was published.
2026-08-01
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.