FxGecko's top 100 forex brokers you can refer to for selection. If it is not in the top 100, you should pay special attention to the broker's main white label relationships and risk tips.
Today, I want to help you evaluate a Forex broker. Some investors have recently asked if the platform is legitimate and safe.
The name of this broker is Banxso, founded in 2021 and ranked 1491 in the world.
Currently, the company holds the South African FSCA financial license (regulatory number: 37699) for the non-forex license, exceeding its scope of business, investors need to beware of the related risks!
FxGecko risk warning shows that Banxso has 4 risks. Investors need to pay attention to the relevant risk alerts for this broker.
Banxso has 1 MT5 server in Germany.
The master white label relationship shows that Banxso has 6 associated brokers. You need to pay attention to whether the associated brokers are running away. This is the business risk of the brokers and the past business history, which can be used as an important reference condition for selecting brokers. The broker relationship data comes from the data of MetaQuotes.
FxGecko has not received any complaints about Banxso forex broker at the moment.
Investing is risky. FxGecko recommends you to check broker information on FxGecko before investing and avoid high risk trading platforms.