Trading CFDs requires skills, knowledge, and understanding of relevant risks and is not suitable for everyone; Leveraged trading activity involves substantial risk of losing all invested funds within a short time period.
Trading CFDs requires skills, knowledge, and understanding of relevant risks and is not suitable for everyone; Leveraged trading activity involves substantial risk of losing all invested funds within a short time period.
BanxsoX offers access to Forex, Stocks, Indices, Cryptocurrencies, and Commodities, all with hedging enabled, integrated charts, advanced orders, customisable watchlists, flexible alerts, and full control over stop-loss and take-profit levels.
At Banxso, we love a good football match and bet that you do too.
We decided to partner with Bafana Bafana, and we are pleased to support this stellar team of champions.
Enjoy total security to get started in the world of investing today. Banxso is a commission free investment platform, and is an unmatched investment vehicle in today’s regulated market.
Trade with confidence with an FSCA regulated broker.
We offer negative balance protection to safeguard your account from trading market anomalies.
We offer a comprehensive range of tradable assets that are designed to help you achieve your financial goals.
Copy your favorite traders to enjoy their success and trade profitably. This account is packed with features and educational tools.
We are committed to transparency, security, and safety of accounts.
Banxso has been regulated since day one, and our primary focus is to provide the best trading environment monitored and supervised by regulatory statutes and frameworks every day.
Important Client Update: License Status and Ongoing Proceedings
Dear Valued Banxso Client,
We wish to inform you that the Financial Sector Conduct Authority (FSCA) has now fully withdrawn Banxso’s financial services provider (FSP) license. This change marks a significant development in our regulatory status and has important implications for our operations.
Impact on Trading and Services:
As a result of the FSCA’s final withdrawal decision, Banxso is no longer authorised to offer or facilitate any financial services or products. As such, we cannot accept any deposits, nor or execute any transactions on behalf of clients.
Client Funds and Positions:
While the Western Cape High Court has uplifted the preservation order against Banxso’s accounts, certain banking institutions continue to impose temporary restrictions pending final regulatory authorisations. Please rest assured that client funds remain segregated and safeguarded, and we are committed to ensuring the protection of those funds. We continue to work with relevant institutions to facilitate the orderly management and, where appropriate, withdrawal of client balances. We will provide further guidance on release of funds as soon as this has been traversed along with other ongoing legal proceedings.
Legal Proceedings:
The application for Banxso’s provisional liquidation (Case No. 23249/2024) was heard in the Western Cape High Court and concluded on 6 May 2025. The Presiding Judge has reserved judgment. We will keep you informed of any developments. Please note, no final ruling has been issued at this time and accordingly, no funds can be accessed.
Security Reminder:
Please be aware of ongoing scams involving individuals posing as “recovery agents” or third-party services claiming to assist with fund recovery. Banxso does not authorise or collaborate with any external entities for these purposes. For your security, always verify communication through official channels and request verification protocols before sharing any personal information.
Contact Channels:
We understand the gravity of this situation and the uncertainty it may cause. Banxso remains fully committed to cooperating with regulatory authorities and to upholding the integrity of client communications. We categorically deny all allegations of financial misconduct, data breaches, or fraudulent marketing activities.
We thank you for your continued patience and understanding as we navigate this challenging period. Further updates will be provided through our website as they become available.
Sincerely,
The Banxso Team
