FSCA cancels ZAR X exchange licence

[Jan]

FSCA orders ZAR X to shut down

The Financial Sector Conduct Authority (FSCA) has announced that it has cancelled the exchange licence of ZAR X with immediate effect.

ZAR X was granted a stock exchange licence by the Financial Services Board in March 2016 and started trading in February 2017.

 

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Has anybody been contacted by or currently doing trading through Banxso ?

They are also FSCA registered - just wondering whether they'll go the same way as ZAR X or are they legit ?



From Banxso

"Banxso is an award winning, FSCA regulated South African multi-asset brokerage company that focuses on providing financial services such as Forex, Stocks, Commodities and Cryptocurrencies. Banxso is also the official trading partner of the South...