Banxso Acquires Financial License in Mauritius

Forex and CFDs broker Banxso has acquired a financial license from the Mauritius Financial Services Commission (Mauritius FSC), helping the company to offer a full range of financial brokerage services to international clients.

Banxso’s Mauritian subsidiary Exlat Technologies Ltd has been granted an SEC-2.1B license as the Full Service Dealer excluding Underwriting.

With the new license, Banxso can expand into new markets, onboard new clients, and meet the needs of more investors who seek sophisticated financial solutions.

A Banxso spokesperson said, "The acquisition of the FSC Mauritius license is a testament to our unwavering commitment to excellence and regulatory compliance. It empowers us to broaden our horizons and reinforce our pledge to provide secure, trandparent, and comprehensive financial services to our clients worldwide."