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Banxso

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5.3
(4 Reviews)

Founded: - Min Deposit: 250 USD/USD

Headquarters: Cape Town, South Africa Max Lev: 1 : 600

Risk Level I

Banxso was red-flagged by Seychelles FSA for not possessing the required license from this financial regulator.

Score
Business Scope
0.0
Trading Cost
5.0
Trading Platforms
5.3
Support
5.3
Licence Status
Mauritius FSC
FSCA 37699
CySEC 413/22
Authorised
Suspended
Authorised
Contact
+27 104 464 170
cs@banxso.com
https://banxso.com/
Broker News Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Broker News

Banxso Pauses to Accept Clients Under Its Cypriot Financial License 2024-11-14
Banxso's Cyprus license is still effective, but the broker has suspended accepting clients.
FSCA Reiterates the Suspension of Banxso's License as the Broker Still Conducting Financial Services Business 2024-11-13
Banxso's bank accounts have been unfrozen, but the broker is not allowed to withdraw any funds in the accounts. The company has applied for liquidation in the local court.
FSCA Pauses the Financial License of Banxso 2024-10-17
Seven of Banxso's bank accounts have been frozen.

Deposit and Withdrawal

5.0

Score

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Company and Service

--

Score

Profile
Headquarters Address
117 On Strand De Waterkant, Capetown 8001, South Africa
Credit Profile No information
Trading Platforms
Contact
No Data
Others
Website Language
لغة الملايو,  English
Customer Service By
Phone,  Email,  Live Chat,  Facebook,  Twitter,  Instagram,  LinkedIn,  Youtube,  WhatsApp

Related Complaints

Q&A

I wanna know its account types.

chen debin
Colombia
2023-07-14
ANSWER Banxso provides four account types and we have found relevant information in the "Account Type Summary" section on their official website. To achieve the most accurate and current answer, we would recommend contacting the platform's customer service. For more details about this broker, you can refer to our full review of Banxso.
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Overall Score

5.3
4 Reviews

Cost 5.0

Platforms 5.3

Deposit & Withdrawal 5.0

Customer Support 5.3

Indicates the average level of Brokers

Keywords for selection

4 Reviews Clear filter

Sort by
Jak de Waal
7-12 months Advanced South Africa
Trading with banxso and have a good experience so far
2024-01-01
Reply
Jodie Brahmadesam
0-6 months Intro Malta
Very Bad Experience, since I have join almost lost USD 400, after the current balance I will delete my account.
2022-08-18
Reply
Vivek Kakkad
1-3 years Advanced Germany
I had a some money in my account that i had saved there more than a year there without trading and I don't know how was it possible but my account was managed by someone who i really don't know.
2022-08-04
Reply
Doo Riya
0-6 months Intro Uzbekistan
Not too bad, I can barely earn some living expenses.
2022-07-13
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.