broker

Banxso Review 2022

Updated:
4.1
Trust
4.0
Fees
3.4
Platforms and Tools
4.6
Customer Support
4.0
Tradable Instruments
4.1
Account Types and Terms
3.7
Deposit and Withdrawal
5.0
Research
4.8
Education
3.0

Trading CFDs requires skills, knowledge, and understanding of relevant risks and is not suitable for everyone; Leveraged trading activity involves substantial risk of losing all invested funds within a short time period.

While we adhere to strict editorial integrity, this page may refer to our partners' products. Here's how we make money.Learn how we make money and our review methodology.

Please note: In our review of Banxso, we focused on the services provided by Banxso Proprietary Limited (banxso.com), regulated by the South African Financial Sector Conduct Authority (FSCA). We conducted our tests with a live account using the Banxso X web platform and the MetaTrader 5 mobile app.

The Big Picture

Founded in 2021, Banxso is a broker providing access to trading in forex and CFDs on stocks, commodities, and indices. Two platforms are available to clients: the proprietary Banxso X platform and MetaTrader. As a Straight Through Processing (STP) broker, there is no dealing desk intervention on client orders. Banxso is regulated by the South African Financial Sector Conduct Authority (FSCA) and currently only accepts clients from South Africa.

5 Key Takeaways in 2022

  • We evaluated Banxso across nine categories (Trust/Stability, Fees, Tradable Instruments, Account Types, Deposit/Withdrawal, Research, Customer Support, Education, Platform/Tools).
  • Banxso excelled in the research category, with insightful in-house video content and useful analysis tools built into the Banxso X platform.
  • We found room for improvement in swap fees and spreads in some instruments.
  • Beginners can benefit from the user-friendly Banxso X platform, good customer support, and educational resources.
  • Advanced traders can take advantage of the advanced functionality of MetaTrader and high leverage available.

What Sets Banxso Apart from Other Brokers?

Banxso offers a unique proprietary platform with built-in analysis tools. This broker offers a good range of trading instruments and reliable customer support. Research materials are also above average for the industry.

What types of traders are a good fit for Banxso?

With a user-friendly platform, strong research materials, and good customer service, we judged that Banxso is a good broker for beginners. Experienced traders can take advantage of algorithmic trading in MetaTrader.

Banxso Pros and Cons

Pros Cons
  • Choice of platforms.
  • High leverage available.
  • Offers copy trading.
  • No inactivity fee.
  • No deposit or withdrawal fees.
  • Strong research materials.
  • Currently only available to South African clients.
  • High swap fees

 

broker

Trading CFDs requires skills, knowledge, and understanding of relevant risks and is not suitable for everyone; Leveraged trading activity involves substantial risk of losing all invested funds within a short time period.

 

About the Author

Dan Blystone
Dan Blystone began his career in the trading industry in 1998. He worked as an arb clerk on the floor of the Chicago Mercantile Exchange (CME), flashing orders into the currency futures pits.
Read More

How Do We Rate?

When trading forex and CFDs, it is crucial to know a broker's strengths and weaknesses. That is why FX Empire developed its proprietary rating system. We put the knowledge and expertise of our reviewers to work to bring you the most suitable brokers. A total of 200 variables have been analyzed to help you choose your broker wisely. This chart describes all the categories we evaluated and rated.
How Do We Rate Chart
Visit our methodology page to learn more about our review and rating process.
Banxso Main Features
☑️
Regulations
FSCA (South Africa)
💰
Products (CFD)
Currencies, Commodities, Indices, Stocks
💵
Min Deposit
$100
💹
Max Leverage
1:500 (FSCA)
💳
Deposit Options
Wire Transfer, AstroPay, Visa, Mastercard
💳
Withdrawal Options
Wire Transfer, AstroPay, Visa, Mastercard
See More
Check if...
unknownBanxso accepts clients from your country:
Choose your country:

Trading CFDs requires skills, knowledge, and understanding of relevant risks and is not suitable for everyone; Leveraged trading activity involves substantial risk of losing all invested funds within a short time period.

Banxso Full Review

Trust

4.0
How Do We Test A Broker's Trust?
When choosing a broker, trustworthiness is one of the most important things to keep in mind. Always check the broker's regulations, know how financially secure the firm is, and find out whether the broker is transparent and reliable. These factors, calculated into our score, will help you understand if your money is safe.

See More

Banxso is regulated by the South African Financial Sector Conduct Authority (FSCA), which we rate as a Tier 2 regulator. Client funds are held in segregated accounts, which have negative balance protection. We rated Banxso as having an adequate level of transparency.

South Africa FSCA Website

Banxso Regulation

In our trust category, we place the most importance on how a broker is regulated. This section covers how Banxso is regulated and how this impacts you as a trader. We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust.

Why is it important to know where your broker is regulated?

Due to the different requirements of each regulator, brokers guarantee varying degrees of client protection. Brokers governed by top-tier regulators may guarantee a compensation fund, negative balance protection, and that client funds are segregated. By contrast, brokers governed by offshore regulators may provide none of these benefits.

The table below breaks down the protections and benefits provided to clients of Banxso.

Entity
Banxso Proprietary Limited
Country/Region South Africa
Regulation FSCA
Segregated Funds
Yes
Negative Balance Protection
Yes*
Compensation Scheme
No
Standard Leverage
1:400

* Banxso’s execution model is designed to stop out all trading activity so client losses cannot exceed the total deposited amount.

Regulatory requirements are subject to change. We gathered the data listed above in May 2022.

Stability and Transparency

In our tests for the Trust category, we also cover factors relating to stability and transparency. Here, we focus on how long the broker has been in business, the size of the company, and how transparent they are in terms of information being readily available.

Banxso has a short operating history of one year, making it a newcomer among forex and CFD brokers. The company is headquartered in Johannesburg, South Africa, and has 51-200 employees, according to its LinkedIn page.

In our research, Banxso showed sufficient transparency in its regulatory status, listing its registration with the FSCA in the website’s footer.

Spreads and swap fees are covered in the Fee Schedule. The Terms and Conditions legal document is in the footer of the website.

Banxso could improve by adding more information on the company’s background and its management.

Is it Safe to Trade With Banxso?

Banxso is an FSCA regulated broker, which keeps client funds segregated from the company’s operating funds and provides negative balance protection. We judged Banxso to be a relatively safe broker.

Fees

3.4
How Do We Test A Broker's Fees?
Broker fees can be difficult to understand. We test the broker's platforms and examine commissions, spreads, and overnight fees to ensure that you can determine if trading with this broker is worth your time and money.

See More

Banxso Trading Fees

We tested the spreads at Banxso across different asset classes using the Banxso X platform at 8 AM GMT and 4 PM GMT on May 13th, 2022. We made our tests at two different times to allow greater perspective. 8 AM GMT is the London open when there is usually a great deal of liquidity in the forex market. 4 PM GMT is during the New York trading session.

Instrument Spread AM Spread PM
EUR/USD 1.1 pip 1 pip
GBP/JPY 5.5 pips 5.4 pips
Gold 24 pips 23 pips
Light Crude Oil 12 pips 12 pips
Apple n/a 2 cents
Tesla n/a 39 cents
Dow 30 5.7 pips 4 pips
Dax 40 2 pips 2 pips

Spreads were especially competitive in Apple stock and gold. Spreads were least competitive in GBP/JPY.

Swap Fees

Swap fees (the cost of holding a position overnight) were somewhat high at Banxso.

In the table below, you can see the Swap Long (the cost/credit of holding a buy position overnight) and the Swap Short (the cost/credit of maintaining a sell position overnight) for one full-sized contract. A full-sized contract is 100,000 units of the base currency (the first currency quoted in the pair). We recorded the data on May 10th.

Instrument Swap Long Swap Short
EUR/USD Charge of $2.68 Charge of $2.33
GBP/JPY Charge of $12.36 Charge $11.87

Non-Trading Fees

Unlike most brokers, Banxso does not charge an inactivity fee.

Are Fees at Banxso Competitive?

Banxso has no fees for opening or closing an account and no inactivity fee. Spreads are roughly average for the industry, and swap fees were higher than average. Overall, we rate Banxso’s fees as about average for the industry.

Platforms and Tools

4.6
How Do We Test A Broker's Platforms and Tools?
Platforms are where you trade, so they must be secure, fast, and accessible while offering you the tools you need to succeed. Each broker's desktop, web, and mobile platforms are evaluated according to the order types, speed of execution, ease of use, and other 'need to know' features.

See More

Banxso provides clients with their proprietary Banxso X platform, which is user-friendly and offers unique research capabilities. MetaTrader 5 is also available to Banxso clients, which has advanced functionality and can cater to algorithmic traders.

Banxso X Platform

The Banxso X platform is intuitive and has a clean, minimalistic interface. The search feature is good, making it easy to pull up your desired trading instruments quickly. In terms of layout, customization options are limited. Users can easily toggle back and forth between light and dark mode, different accounts, and to the section covering copy trading.

Banxso X Watchlist Feature

The watchlist feature makes it easy for clients to stay on top of the price movement of their favorite instruments.

Banxso X Order Entry

Banxso X provides all the basic order types, such as market orders, limit orders, and stop-loss orders. Advanced order types such as trailing stops are available in MetaTrader. Support notified us that one-click trading will be added in the next platform update.

Banxso X Charting

The Banxso X platform provides robust charting with six chart types, nine time frames, forty-eight technical indicators, and over a dozen drawing tools.

Banxso Copy Trading

Copy-trading capabilities are built into the Banxso X platform. Clients can easily browse providers’ performance and start copying their trades with a single click.

MetaTrader 5 Desktop

 

MetaTrader 5 Desktop

Banxso provides clients with MetaTrader 5 for desktop, which includes advanced functions such as copy trading and automated trading. MetaTrader 5 is available in 31 languages.

The platform provides popular features such as:

  • Alerts. This feature allows traders to be updated when an instrument reaches a specific price level. Alerts can be delivered via audio, email, or push notification to a mobile device.
  • Watchlists. Traders can set up a list of their favorite instruments and follow live quotes in a Market Watch panel.
  • One-click trading. This feature allows traders to execute orders with a single click and no secondary confirmation. Placing a trade with a single click saves time and is especially useful for short-term traders.
  • Trading from the chart. MT5 also allows users the convenience of trading directly from the chart.

Order Types

MetaTrader also delivers when it comes to the range of available order types. The following order types are available:

  • Market Order. This is an order to buy or sell an instrument at the best available price.
  • Limit Orders. This is an order to buy or sell an instrument at a specified price or better.
  • Stop Loss Order. This is an order to buy or sell an instrument that is triggered when the price reaches a specified level.
  • Trailing Stop Order. This is a stop-loss order that can be set at a defined percentage or dollar amount away from an instrument’s current market price. It is used to secure profits when you are in a winning trade while not having to exit the position.

Time in force conditions such as Good ‘Til Canceled (GTC) can be applied to pending orders.

Charting

Charting features are robust. MetaTrader 5 desktop offers:

  • 38 technical indicators. These include classic trend indicators, volume indicators, and oscillators.
  • 44 analytical objects. These include lines, channels, Gann, and Fibonacci tools.
  • 21 time frames Each instrument can be displayed in nine time frames, from one minute to one month.
  • 3 chart types. Traders can choose between Bar Charts, Japanese Candlestick Charts, and Line Charts.

Advanced Features

MetaTrader is also popular due to its copy trading and automated trading features.

  • Trading Signals. Signals in MetaTrader 5 allow users to automatically copy the activity of other traders in real-time.
  • Automated trading. MetaTrader 5 allows users to develop, test, and apply Expert Advisors (EAs). EAs are programs that monitor and trade markets using algorithms. They find opportunities according to set parameters and then either create a notification or automatically open a trade.

To conclude, the MetaTrader 5 desktop platform is one of the most feature-rich and popular trading platforms globally. It does not have the most beautiful interface, and it does require some time and effort to learn, but that is typical of advanced platforms.

MetaTrader 5 Mobile App

MetaTrader 5 Mobile App

For mobile trading, Banxso offers the MetaTrader 5 mobile app, which is available for Android and iOS. The app offers popular features such as alerts, 1-click trading, and trading from the chart.

The MetaTrader 5 mobile app also provides a broad range of order types, including pending and stop-orders. However, trailing stop-loss orders are only available from the desktop. As with desktop, the interface is not the most intuitive available, but the MT5 app offers an above-average range of features.

Order Execution

Banxso is a Straight Through Processing (STP) broker. STP is a forex brokerage model that routes client orders directly to the market without passing them through a dealing desk.

Trading CFDs requires skills, knowledge, and understanding of relevant risks and is not suitable for everyone; Leveraged trading activity involves substantial risk of losing all invested funds within a short time period.

Tradable Instruments

4.1
How Do We Test A Broker's Tradable Instruments?
In this section, we check the broker’s market offering and how varied the instruments and asset classes are. It will allow you to check if they offer what you're looking for and what you can trade.

See More

Banxso has a solid range of tradable instruments, spanning forex and CFDs on shares, commodities, indices, and futures. There is a substantial depth of instruments within each asset group. For example, Banxso provides a larger than average number of CFDs on commodities and indices.

Tradable Instruments at Banxso

What are CFDs?

CFDs (Contract for Differences) are financial derivative products that allow traders to speculate in various markets without owning the underlying assets. Tradable instruments at Banxso include the following assets:

  • 49 Currency Pairs. A currency pair combines two different currencies, with the value of one currency quoted against the other. For example, EUR/USD, which reflects the value of the euro measured in dollars.
  • 26 Index CFDs. An index is a basket of trading instruments used to gauge a market sector, stocks within an exchange, or a country’s economy.
  • 414 Stock CFDs. A stock is a security that represents partial ownership of a corporation. Keep in mind that when trading stock CFDs, you speculate on the price of a stock without actually taking ownership of the underlying company.
  • 20 Commodity CFDs. Commodities are raw products, such as gold, oil, and metals.

In the tables below, you can see a selection highlighting the variety of instruments available at Banxso:

Forex Major Forex Minor
GBP/USD | EUR/USD | USD/JPY | USD/CHF GBP/JPY | AUD/CHF | EUR/CAD | GBP/NZD
CFDs on Shares CFDs on Metals
Adidas | Barclays | Nokia | PayPal Aluminum | Zinc | Copper | Palladium
CFDs on Energies CFDs on Indices
Gasoline | Natural Gas | Heating Oil | Crude Oil S&P 500 | FTSE 100 | CAC 40 | IBEX 35

Note: Banxso customer support stated that they plan to add CFDs on cryptocurrencies and ETFs to their range of tradable instruments.

Customer Support

4.0
How Do We Test A Broker's Customer Support?
Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it.

See More

We had a positive experience with customer support at Banxo, which was better than average for the industry. Help is available via phone, live chat, and email during office hours. Response times were fast, and agents went the extra mile to deliver all the requested information.

Banxso Chat Support

We tested customer support with a wide variety of queries, ranging from whether Banxso charges an inactivity fee to the order execution model. Chat support responded within seconds, and emails were typically responded to the same day. Via phone, we also received good support. Agents mostly knew the answers to questions, and they followed up with the information if they did not.

Chat support is advertised as 24/5 on the website, but we could only receive help during office hours in our tests. Nevertheless, we were impressed by the quality of customer support at Banxso. Customer support is currently available in three languages.

Customer Support Languages
English | German | Spanish

Deposits & Withdrawals

5.0
How Do We Test A Broker's Deposit and Withdrawal?
The deposit or withdrawal process can be a tricky one. You may discover that there are hidden fees, or that withdrawal times are longer than you anticipated. We check these factors and others so you know what to expect when trading with this broker.

See More

Banxso excels in the area of deposits and withdrawals. A low minimum deposit of $100 is required to open an account. Deposits and withdrawals are free, and processing times are faster than average for the industry. Bank wire, credit/debit card, and other payment services can be used for deposits and withdrawals.

Banxso Deposits

The tables below break down the fees and processing times for each deposit and withdrawal method.

Deposits

Deposit Method Fees
Processing Time
Bank Wire 0% Within 24 hours
Visa 0% Immediate
Mastercard 0% Immediate
American Express
0% Immediate
Ozow 0% Immediate
AstroPay 0% Immediate

Banxso offers a good range of deposit methods and the processing times are relatively fast.

Withdrawals

Withdrawal Method
Fees
Processing Time
Bank Wire 0% Within 24 hours
Visa 0% Within 24 hours
Mastercard 0% Within 24 hours
American Express
0% Within 24 hours
AstroPay 0% Within 24 hours

Processing times for withdrawals at Banxso are faster than average for the industry. While many brokers charge a fee for withdrawals via bank wire, they are free at Banxso. Clients must make withdrawals to the same card or bank account used to make the initial deposit.

Note: Clients who have deposited via Ozow and AstroPay need to provide a bank statement to withdraw funds.

Account Types and Terms

3.7
How Do We Test A Broker's Account Types and Terms?
In order to achieve your trading goals, you need to choose the right account. We evaluate each broker's account types, how easy it is to open an account with them, and the steps involved, so you can decide if it is worth your time to open an account.

See More

Banxso offers one live account type and a demo account. The account opening process is simplistic, takes little time, and is fully digital. Islamic accounts are not currently available.

 

Banxso Account Registration

Account Application

To open an individual account at the Banxso, prospective clients must provide their name, email, and phone number. Banxso requires clients to prove their identity using a photo ID, passport, or driver’s licence and to verify their residence with a utility bill or bank statement. Banxso has only one account type for live trading.

Demo Accounts

Banxso offers demo accounts for the Banxso X platform and MetaTrader 5. Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking any real money.

The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities, indices, and stocks. Once users have gotten up to speed on a demo account, they can easily switch to a live account.

Islamic Accounts

Banxso does not currently offer a swap-free Islamic account that adheres to the principles of Sharia law.

Leverage

One of the reasons traders are attracted to the forex and CFD markets is the high degree of available leverage. Leverage is the use of borrowed funds to increase the size of your trading positions beyond what would be possible using only the cash in your account.

Banxso offers clients leverage of up to 1:400. This menas that with an account of $1,000, you can control up to $400,000 worth of positions in the market. Leverage is often described as a ‘double-edged sword’ as it can hurt you as much as it helps you. Traders must remember that it can amplify both their profits and their losses.

Supported Countries

At the time of this writing, Banxso only provides services to South African clients.

Trading CFDs requires skills, knowledge, and understanding of relevant risks and is not suitable for everyone; Leveraged trading activity involves substantial risk of losing all invested funds within a short time period.

Research

4.8
How Do We Test A Broker's Research?
Research options provided by brokers may not be seen as the most important feature for some traders, but they can give you an edge over the competition. Staying on top of important market news announcements and being aware of big themes can be very helpful. The rating system provides a clear picture of how well your broker fulfills this service.

See More

Banxso shines in the research category, with frequently updated news and market analysis brought to clients by in-house analysts. This is mostly in video format and covers fundamental and technical analysis. In addition, helpful research tools powered by TipRanks have been built into the Banxso X platform.

Banxso News

In their daily reports, Banxso covers the top stories in the markets, from geopolitical news to economic releases. Technical insights are included in the analysis. Banxso covers multiple markets, from forex to commodities and cryptocurrencies. The video reports are about two minutes long and are well written and produced.

Daily Ratings within the Banxso X Platform

The daily ratings tool within the Banxso X platform draws from the daily stock ratings of over 7,500 Wall Street analysts. The individual analyst, firm, stock rating, and price target are shown in an easy-to-read format.

Daily Ratings within the Banxso X Platform

The trending stocks tool shows the stocks that three or more analysts have rated recently. The stock and the distribution of buy, sell and hold ratings are broken down in an easy-to-digest format. Users can filter the results by period, market cap, and sector. Data for trending stocks and daily ratings is drawn from third-party provider TipRanks.

Education

3.0
How Do We Test A Broker's Education?
Educating yourself on how to trade the financial markets can make the difference between success and failure. We check the educational content provided by the broker, its quality and suitability for beginners and advanced traders.

See More

Banxso provides clients with personal coaching and extensive educational content via their Banxo Academy materials. The content is mainly concentrated in video format and can cater to beginners and advanced traders. Educational material is frequently updated, and we judged it to be better than average for the industry.

Banxso Educational Materials

Banxso has made education a priority. Clients can meet with trading specialists in face-to-face meetings or via streaming services. Banxso’s personal coaches are available to answer queries and help develop a plan for trading.

Banxso Academy

Banxso Academy videos cover topics such as Fibonacci, Japanese Candlesticks, and how to use the MetaTrader platform. Lessons are brief and easy to understand. The videos are well-produced, with a live presenter illustrating the concepts on charts. Some areas of Banxso educational offerings are still under development, such as weekly webinars for clients.

The Bottom Line

South Africa based Banxso is a new and up-and-coming forex and CFD broker with a well-rounded product offering. Regulated by the South African Financial Sector Conduct Authority (FSCA) and providing segregated funds and negative balance protection, we rate them as a relatively safe broker. They are progressive in their attitude towards fees, with no inactivity fee and no fee for deposits and withdrawals. However, there is room to make some spreads and swap fees more competitive. Banxso can cater to both beginners and advanced traders with their variety of available trading platforms. We liked the diverse range of tradable instruments in assets such as commodities and indices.

FAQ

Where is Bansxo based?
Banxso is headquartered in Johannesburg, South Africa.

Where is Bansxo based?
Banxso is regulated by the South African Financial Sector Conduct Authority (FSCA). Client funds are held in segregated accounts and have negative balance protection. We judged this broker to be relatively safe.

How does Banxso make money?
Banxso profits from the bid/offer spread and swap fees.

How do I deposit funds in a Banxso account?
Funds can be deposited via bank wire, Visa, Mastercard, American Express, Ozow and AstroPay.

What is the minimum deposit for Banxso?
The minimum deposit is $100.

How do I withdraw money from Banxso?
Funds can be withdrawn via bank wire, Visa, Mastercard, American Express and AtroPay.

How long does it take to withdraw money from an account at Banxso?
Withdrawals are processed within 24 hours.

How much is the maximum leverage at Banxso?
The maximum leverage at Banxo is 1:400.

How can I open an account with Banxso?
You can open an account by going to banxso.com.

What platforms does Banxso offer?
Banxso offers the Banxso X platform and MetaTrader.

What are the withdrawal fees at Banxso?
Banxso does not charge withdrawal fees.

Is Banxso suitable for beginners?
With reliable customer service and helpful educational videos, we rate Banxso as a suitable broker for traders new to the markets.

Does Banxso offer a demo account?
Yes, Banxso offers demo accounts via the Banxso X platform and MetaTrader.

broker

Trading CFDs requires skills, knowledge, and understanding of relevant risks and is not suitable for everyone; Leveraged trading activity involves substantial risk of losing all invested funds within a short time period.

See Banxso Full Information
Broker General Information
Trading Features
Other Details
Headquarters Country
South Africa
Foundation Year
2021
Regulations
FSCA (South Africa)
Publicly Traded
No
Number Of Employees
100
Restricted Countries
United States, China, Russian Federation, Belgium, France, Turkey, Japan, United Kingdom, Bahrain, Barbados, Belarus, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Bulgaria, Burkina Faso, Burundi, Cameroon, Canada, Cape Verde, Chad, Colombia, Congo, Costa Rica, Cote d'Ivoire, Croatia, Cuba, Cyprus, Czech Republic, Djibouti, Dominica, Ecuador, Equatorial Guinea, Eritrea, Estonia, Finland, Gabon, Georgia, Germany, Ghana, Italy, Jamaica, Jordan, Kazakhstan, Kenya, North Korea, South Korea, Nauru, Kuwait, Kyrgyzstan, Laos, Latvia, Lesotho, Guinea-Bissau, Guyana, Montenegro, Malaysia, Liberia, Sao Tome and Principe, Liechtenstein, Moldova, Lithuania, Namibia, Palau, Luxembourg, Macedonia, Malawi, Maldives, Mali, Mauritania, Mexico, India, Micronesia, Monaco, Morocco, Nepal, New Zealand, Nicaragua, Indonesia, Niger, Hungary, Nigeria, Norway, Iceland, Oman, Papua New Guinea, Peru, Poland, Qatar, Romania, Gibraltar, Iran, Greece, Grenada, Guatemala, Guinea, Iraq, Rwanda, Democratic Republic of the Congo, Afghanistan, Curacao, Tonga, Guam, Cayman Islands, Vatican City, Swaziland, Bermuda, Suriname, Senegal, Zambia, Albania, Angola, Timor-Leste, Marshall Islands, Slovakia, Australia, Paraguay, Cook Islands, Antigua and Barbuda, Tunisia, New Caledonia, Andorra, Trinidad and Tobago, Kosovo, Northern Mariana Islands, Somalia, Puerto Rico, Sweden, Togo, Argentina, Mongolia, Azerbaijan, Bangladesh, Slovenia, Macao, Uruguay, Turkmenistan, Solomon Islands, Venezuela, Switzerland, Yemen, Greenland, Tuvalu, Botswana, Brazil, Uganda, Syria, Seychelles, French Polynesia, Sierra Leone, Ukraine, Uzbekistan, Brunei, Cambodia, Central African Republic, Chile, Comoros, Denmark, Dominican Republic, El Salvador, Saudi Arabia, Lebanon, Serbia, Mayotte, Madagascar, Aruba, Ethiopia, Taiwan, Fiji, Vanuatu, Gambia, Panama, Israel, Singapore, Tajikistan, Mauritius, Vietnam, Virgin Islands, British, Tanzania, Isle of Man, Guernsey, Kiribati, Libya, Malta, Mozambique, Myanmar, Netherlands, Pakistan, Philippines, Portugal, Haiti, Hong Kong, Ireland, South Sudan, Spain, Sri Lanka, Sudan, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Thailand, Honduras, United Arab Emirates, Egypt, Samoa, San Marino, Algeria, Armenia, Austria, Bahamas
Min Deposit
$100
Max Leverage
1:500 (FSCA)
Deposit Options
Wire Transfer, AstroPay, Visa, Mastercard
Withdrawal Options
Wire Transfer, AstroPay, Visa, Mastercard
Time to Open an Account
5
Products (CFD)
Currencies, Commodities, Indices, Stocks
Demo Account
Yes
Islamic Account
No
Segregated Account
Yes
Managed Account
No
icon

Trade With A Regulated Broker

IMPORTANT DISCLAIMERS
The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.
RISK DISCLAIMERS
This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.