Banxso Review 10
4 stars for their customer service. Miss Oriana was very patient and helpful in finding out if my documents were uploaded which for some strange reason i was unable to do.
Am a beginner in this trade but you guys tries a lot to help me with lot of things and you patient with us so keep up the good work…
Honestly, dealing with Banxso has been a rollercoaster. Their relentless calls even after I closed my account has been pretty vexing. While I made some losses, things really started going south when I decided not to deposit more funds. On the brighter side, I received plenty of help navigating the shares platform, and was pleasantly surprised by the profits I made. As a newbie, their patient, competent staff built my confidence through training webinars and one-on-one interactions. I owe a special thanks to my account manager who treated my account with utmost care and provided valuable trading insights. Yet, I was later disillusioned by wide spreads, high swap fees and constant nudging to deposit more and make senseless trades. Despite detaching myself from their platform months ago, they just won't let me be. My advice? If you're considering Banxso, brace for both surprises and shocks before diving in.
Traded with Banxso and my overall verdict? Mostly pretty good. Their spreads are competitive, managed to trade USD/EUR amidst tight ranges, it was consistent even during volatility. The trading platform is straightforward, didn't face much hiccup placing trades, setting stop losses, or creating price alerts. However, one area that somewhat dulled the shine was the speed of withdrawal. Longer than my preference and industry average, took about a week to reflect in my account.
Trading with Banxso? Solid. Fair spreads, good platform. Withdrawal was slower than I'd like, though.
I stepped into the trading world with Banxso a few months ago, right off the bat their vast array of instruments caught my attention. I've been trading a mix of currencies (mainly USD/EUR & GBP/JPY) and dabbling in oil, and the ride so far has been a blend of ups and downs. Starting with the good, Banxso keeps their spreads competitive, around 1.0-1.2 pips for the USD/EUR pair and 7-9 pips for oil. These reasonable spreads, coupled with the absence of any hidden fees, is definitely a perk. My long positions on GBP/JPY, held over several weeks thanks to a leverage of up to 30:1, resulted in a decent profit margin. Their trading platform is pretty intuitive, it didn't take me long to figure out how to open and close positions, and the chart tools make for good market analysis. However, during a few high-volatility events, I noticed a bit of a lag. It didn't affect my trading outcomes, but the momentary panic wasn't pleasant. Now, for the thorny bit. When it came to withdrawals, it was a bit of a waiting game. Having to wait about a week to receive my own profit of $5,000 was a bit of a stretch, especially when profits from oil trading were sitting around 30%.
Gotta admit, I really dig the fantastic variety of trading instruments they've got. It has allowed me to craft a diversified and resilient portfolio that would make any trader glow with pride. Another major clincher for me has got to be their great spreads, it's been consistently tight, like right on money! And, the clear-as-daylight fee structure? Simply refreshing, mate, no sneaky charges lurking in the dark corners. Now, about their platform - it's as intuitive as they come. Even for a technical klutz like me, navigating through it has been as easy as pie. Withdrawals? Fast and fuss-free, no nail-biting wait involved.
The spreads on cryptocurrencies are very competitive compared to other brokers I've explored, which is a huge advantage. It’s fulfilling to see that my orders are executed at the expected prices with no slippage - really adds a level of trust in the platform. Their security measures are remarkable as well, with robust encryption to protect my funds and information. When it comes to withdrawing my earnings, the process on Banxso platform has been exceedingly smooth. My last withdrawal of approximately $2500 was processed within just two days! This efficiency is very rare based on my experiences with other brokers. There were no surprises – everything was transparent and as stated. In a nutshell, Banxso has been a reliable and effective trading partner for me. It's platforms like these that make cryptocurrency trading simpler and more enjoyable. Highly recommended !
