Banxso

Admin July 14, 2024

Banxso is a South African broker offering over 1000 tradable instruments across multiple asset classes. It was founded in 2021, and in a few years, Banxso has started growing in popularity with its versatile platform and enhanced copy and automated trading features.

Regulated

Payment Methods Used

Wire Transfer, AstroPay, Visa, Mastercard

Meta Trading Softwares Used

Proprietary, MT5

Overall Rating

3.9/5

Reviews

Anand
5/5

Reliable Trading Companion!

Alex J
4/5

Banxso is pretty good for beginners. The platform is easy to use, and the spreads are decent. Had a few minor issues with customer support, but overall, a solid experience.

Sofia K.
1/5

Not happy at all. Their platform crashed during a big trade, and I lost money. Customer support didn’t help at all. I wouldn't recommend it to anyone.

Muhammad Ali
1.5/5

The trading platform is okay, but I had problems with withdrawals. They took way too long to process, and I had to email support multiple times. Not a good experience.

Oliver
2/5

I’ve used better brokers, but Banxso is fine for casual trading. Their mobile app could be improved, and sometimes execution is slower than I’d like.

Isabella
5/5

I love Banxso! Great platform, very easy to navigate, and customer service was responsive whenever I needed help. Fast withdrawals, too. Definitely recommend it!

Saurab Khatri
2/5

Banxso’s platform works most of the time, but I had some issues with lag during busy market hours. Not bad for beginners, but I’ve seen faster platforms.

Riya
1/5

he customer service is slow, and I had trouble withdrawing funds. The platform itself is easy to use, but these issues make it hard to trust Banxso.

Alex
2.5/5

Decent broker, but not the best. The spreads are good, but the platform can freeze occasionally. Still, I made some profit, so it’s not too bad.

Zulu
4.5/5

Overall, I had a positive experience with Banxso. The interface is clean and easy to understand, and my trades were executed on time. Just wish customer service was a bit faster.

Ahmed
1/5

Horrible broker. My trades kept getting rejected, and I lost money because of their poor platform. Customer support was not helpful at all. Stay away!

Thomas
2/5

Banxso is fine for a quick trade here and there, but it’s not the best broker for serious traders. I had some issues with their platform during high volatility.

Marta
5/5

Good broker with reasonable spreads. I haven’t had any major problems, and their platform works well most of the time. Good for beginner traders.

Ali
1/5

The withdrawals took forever, and customer support was slow to respond. I wouldn’t recommend this broker if you’re in a hurry to access your funds.

Sarah
3.5/5

I’ve had a good experience with Banxso so far. Their platform is stable, and I didn’t face any issues with withdrawals. A good broker for everyday traders.

Viktor
2/5

The broker is okay, but it needs improvement. I had trouble with a few trades due to slow execution, but otherwise, it’s a decent option for small trades.

Olivia
2/5

I’ve had a mixed experience. Sometimes the platform works fine, but there are occasional glitches. Customer support is average. Wouldn’t call it perfect.

Jason
1/5

One of the worst brokers I’ve used. Constant issues with trade execution and high fees. I’ll be switching to another platform soon.

Maria
2/5

I like using Banxso for forex trading. The platform is easy to understand, and I’ve had no issues with withdrawals. The customer service could be quicker, though.

Jenny
2.5/5

Banxso is an okay broker for beginners, but advanced traders may find it lacking. I’ve faced a few delays, but overall, it’s manageable.