TotalFX Forex Broker

TotalFX Review SummaryFounded2000Registered Country/RegionSouth AfricaRegulationFSCA (Exceeded)Market InstrumentsForex, shares, indices, cryptocurrencies, metals, energies, ETFs, soft commoditiesDemo Account/LeverageUp to 1:1000SpreadFrom 0.0 pipsTrading PlatformcTrader, MT5Copy Trading✅Minimum Deposit0Customer SupportContact formTel: +27600389903Email: support@totalfx.comRegional RestrictionsUnited States of America, North Korea, Myanmar and Iran clients are not allowedTotalFX 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 ConsPros Cons Various trading productsExceeded regulationMT5 and cTrader platformsUnknown payment methodsCopy tradingIs TotalFX Legit? TotalFX is licensed by FSCA to offer services but exceeded. Please be aware of the risk!Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.Financial Sector Conduct Authority (FSCA)Exceeded ONAM TRADING (PTY) LTDFinancial Service Corporate51105What 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 TypeMinimum DepositSpreadCommission Zero 0From 0.6 pips$0Raw 0From 0.0 pips$2.75 per sideLeverage 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 PlatformTrading PlatformSupported Available Devices Suitable for cTrader ✔Desktop, Web, Mobile, TabletExperienced tradersMT5✔Desktop, Web, Mobile, TabletExperienced tradersMT4❌/Beginners