FXVNPro Unified Broker Profile
Banxso
● Restricted
Data coverage: High · 87%
ReviewBrokers Score
2.6/10
26/100 network equivalent
Same score used by the ReviewBrokers extension
Founded2021
HeadquartersSouth Africa
Minimum Deposit$250
Maximum Leverage1:500
Overview
Broker Snapshot
About Banxso
Banxso was an online forex and CFD broker originally regulated by South Africa’s FSCA. While it gained traction for its proprietary Banxso X app and fractional share trading, the broker has faced severe regulatory actions, leading to its license revocation and subsequent liquidation due to financial misappropriation claims.
Profile Verification
Current statusRestricted
Data coverageHigh (87%)
Last verifiedAugust 13, 2026
Score sourceRB Broker Checker
Trading
Trading Conditions
Minimum Deposit$250
Minimum Lot0.01
Maximum Leverage1:500
Spread From0.8 pips
CommissionZero
PlatformsMT5, Banxso X
Account TypesIntro, Basic, Plus, Extra, and Advanced, Premium, Exclusive, and VIP
Intelligence Score
ReviewBrokers Unified Score
Overall Score26/100
Community Health100/100
Risk Penalty40/100
Published score2.6/10
Network equivalent26/100
Score updatedOctober 22, 2026
SourceRB Broker Checker
Why this score?
- Regulation status limited/unknown
- Regulatory authority warning found
- Low complaint signals recently
- Risk flags detected (please review warnings)
Withdrawal
Withdrawal Intelligence
Typical withdrawal timeNo information
Risk
Risk & Monitoring Status
Current status● Restricted
Current risk signal: The company completely collapsed following a chain of severe fraud scandals and was ordered into Final Liquidation by the Western Cape High Court of South Africa on March 2, 2026.
