New FSCA Banxso trading platform to take South Africa by storm

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Banxso logo (pink background)

The international Banxso Group today announced the launch of its new South African exchange, Banxso.com, scheduled for April 1, 2022.

JOHANNESBURG, SOUTH AFRICA, Feb. 19, 2022 /EINPresswire.com/ — Banxso Group today announced the launch of its new South African exchange, Banxso.com, scheduled for April 1, 2022. This launch marks the first of four international launches around the world.

Banxso.com, aimed at younger, more digitally-savvy South African millennials with broad investment portfolio needs, offers investors a new approach to investing online. Unlike more traditional exchanges, investors will be able to trade stocks, commodities, indices, forex, CFDs and cryptocurrencies under one Banxso account – with the added bonus of no commission fees on the transactions.

“We are really excited. We have a very busy year ahead of us with four international launches. The beginning is the most important part of this work; we have invested thousands of hours to make sure this launch goes smoothly,” said Mohammed Bux, Banxso Group Director.

Banxso.com is a subsidiary of Banxso Group, an international holding group, which plans to launch three more local business websites in 2022 (launch dates to be announced). The four exchanges, which are expected to be fully operational on schedule, will be fully regulated:

• Banxso.com in South Africa, regulated by the FSCA
• Banxso.eu in EU member states, regulated by CySEC
• Banxso.co.uk in the UK, regulated by the FCA
• Banxso.ae in the United Arab Emirates, regulated by the DFSA

The group also holds licenses in the Seychelles, Mauritius and Saint Vincent and the Grenadines.

“Our ultimate goal is to make investing as fun as possible without cutting corners on profits by taking commissions at every step and dropping out when they need support,” Bux added. “As our slogan says, we are not your grandfather’s bank. We’re here to help our investors build a secure future with a secure account that covers all their investment needs.

For more information about Banxso, visit banxso.com

Investors can sign up for a free demo account to explore the features of the website today. For all general and media inquiries, please email [email protected]

About Banxo
Banxso is a young and fresh take on trading that is blowing traditional investment banking out the window. Get dedicated 24/7 human support with smart, fast on-the-go trading in virtually all of today’s major asset classes with no commission fees, ever. It’s investing, Jim, but not like Grandpa knew. For more information about Banxso and its services, please visit the Banxso website.

Daniel Cohen
Banxo Group
[email protected]

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