Written by
Robert J. Williams
Fact checked by
Beatrice Quinn
Robert J. Williams
Fact checked by
Beatrice Quinn
Banxso Review: Is This Multi-Asset Broker Worth It in 2025?
5/10
(Expert Score)
Product is rated as #56
This score is provisional. The full broker review is still in progress.
Banxso Overviews
Looking for a reliable multi-asset broker with zero commissions and cutting-edge platforms? This Banxso review explores everything from platform functionality to regulation, so you can decide if Banxso is right for your trading goals.
| OverView | |
|---|---|
| Broker Name: | Banxso |
| Year of Establishment: | 2021 |
| Headquarters Location: | 14 Poudriere Street, Premier Business Center, 10th Floor, Sterling Tower, Port Louis, Mauritius |
| Regulations and Licensing: | Authorized and regulated by the Financial Services Commission (FSC) of Mauritius with License Number GB23201707 as an authorized Investment Dealer |
| Supported Countries | NA |
| Trading Platforms | |
|---|---|
| Types of Trading Platforms: | BanxsoX, MetaTrader 5, AutoBanxso, Cooma Social, TipRanks |
| Mobile App Availability: | Yes |
| Accounts Features | |
|---|---|
| Types of Accounts: | Individual Account, Joint Account, Demo Account, Corporate Account |
| Minimum Deposit: | NA |
| Maximum Leverage: | Up to 1:200 |
| Negative Balance Protection: | Yes |
| Costs | |
|---|---|
| Average Spread: | NA |
| Commission Rates: | 0% commission |
| Trading Instruments | |
|---|---|
| Available Assets: | Forex, Stocks, Indices, Commodities, Cryptocurrencies |
| Deposit/Withdrawal | |
|---|---|
| Deposit/Withdrawal Methods: | NA |
| Deposit/Withdrawal Fees: | NA |
| Customer Support | |
|---|---|
| Support Channels: | Email (cs@banxso.com), LiveChat |
| Customer Support Hours: | 8:00 am to 7:00 pm, 5 days a week |
Pros and Cons
PROS
- Zero-commission trading
- Over 16,000 tradeable assets
- Offers multiple user-friendly trading platforms
- Demo account for risk-free practice
- Rich educational content and 1-on-1 guidance
CONS
- Minimum deposit amount is not disclosed
- Does not openly mention Islamic account options
- Regulated by an offshore authority, not Tier-1
- Unclear deposit and withdrawal processes
- Lack of detailed spreads or fee structure disclosure
FAQs
Is Banxso a safe broker to use?
Yes, Banxso is authorized and regulated by the FSC of Mauritius (License No. GB23201707). Although not a Tier-1 regulator, it’s a legally recognized financial authority offering user safeguards like negative-balance protection.
What types of accounts does Banxso offer?
According to Banxso reviews, the broker offers Individual, Joint, Corporate, and Banxso Demo Account options—catering to beginners through to institutional investors.
Can I trade without real money using Banxso?
Yes, a Banxso demo account is available. It simulates real market conditions without using real funds, allowing users to test strategies and learn the Banxso trading platform risk-free.
What trading platforms does Banxso provide?
Banxso features five platforms: BanxsoX, MetaTrader 5, Cooma Social, AutoBanxso, and TipRanks. Each platform is tailored for a different trading style, from copy trading to advanced analysis.
Is the Banxso app good for mobile trading?
Absolutely. The Banxso app is available for both iOS and Android, allowing full access to trading tools, live charts, and account management on the go.
What is the Banxso minimum deposit?
The Banxso minimum deposit is not publicly disclosed. However, the broker promotes beginner-friendly access, suggesting a low financial barrier. Contact customer support for exact figures.
Does Banxso support automated or social trading?
Yes. AutoBanxso supports fully automated and algorithmic trading, while Cooma Social enables copy trading. Both are designed to simplify Banxso trading for all user levels.
Are there Banxso vacancies available?
Yes, Banxso vacancies are often listed on their careers page, typically based in Port Louis, Mauritius. Roles span customer service, tech development, and corporate support.
About Author
Robert J. Williams
Robert J. Williams, a finance graduate from the London School of Economics, dove into finance clubs during her studies, honing her skills in portfolio management and risk analysis. With a career spanning prestigious firms like Barclays and HSBC, she's become an authority in asset allocation and investment strategy, known for her insightful reports.
Banxso Review: Is This Multi-Asset Broker Worth It in 2025?
