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Licence record

Banxso: FSC licence GB23201707

Issuing authority
Financial Services Commission
Jurisdiction
Mauritius

This is Wikilix's record of a licence issued by Financial Services Commission. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Jul 27, 2026

Licence Verification Record

Financial Services Commission GB23201707

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
Banxso (PTY) Limited
Issuing authority
Financial Services Commission
Jurisdiction
Mauritius

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/banxso/licenses/financial-services-commission/gb23201707Fields on file 1 / 11

Open BanxsoAll Banxso licencesAbout FSC
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 3
Jurisdiction
Mauritius
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
GB23201707
The authority

About FSC

Financial Services Commission is the authority that issued this licence, and the jurisdiction it applies in is Mauritius.

Full name
Financial Services Commission
Jurisdiction
Mauritius
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
1999
Oversight
A government or statutory body
Firms we track under it
8 firms
Regulates
Forex, Fund, Derivatives
Licences it issues
Investment Dealer (Full Service)
Typical cost of a licence
USD 20000-30000
Public register
Searchable by the public
Transparency
Medium

FSC is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

FSC's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeFSC Complaints
  • Maximum leverage1:1000
This describes the authority's regime, not how Banxso applies it.
The holder

Who holds this licence

The licence above is recorded against Banxso. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
Banxso (PTY) Limited
Based in
South Africa
Wikilix score
11.0the firm’s overall score, not a rating of this licence
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
According to WIKILIX data, Banxso offers trading in regulated financial instruments including Forex, funds, and derivatives. Details about specific trading platforms or the number of available instruments are not specified in the provided context.
Banxso offers customer support in English. Clients can contact support via email at cs@banxso.com or through WhatsApp at the number +27 661 861 782. The broker also maintains social media profiles on Facebook, Twitter, LinkedIn, Instagram, and YouTube.
The minimum deposit amount to open an account with Banxso is 300 USD. Some funding methods, like debit/credit cards and e-wallets, require a minimum deposit of 250 USD. Specific minimum deposit details for Bitcoin are not specified.
Banxso supports deposits via major debit and credit cards, bank wire transfers, Bitcoin, e-wallets like Astropay, and local payment methods such as Ozow. Deposits are generally processed instantly except for bank wire transfers, which take 1-3 business days. There are no deposit or withdrawal fees for these methods.
Banxso is regulated by the Financial Services Commission (FSC) of Mauritius, an offshore regulator. It holds an Investment Dealer (Full Service) license and operates under a medium transparency level. The broker offers leverage up to 200 and covers most countries worldwide, excluding North Korea and UN-sanctioned countries.
Licence GB23201707 was issued by Financial Services Commission (FSC), the financial authority for Mauritius.
Banxso holds this FSC licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the FSC register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates FSC tier 3. Supervision is lighter-touch and client protections vary.
Yes, FSC is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
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