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?Inspection Reason
South Africa is an emerging market economy that implements a free floating exchange rate system, and exchange rate is susceptible to fluctuations due to external factors. The South African #foreignexchangemarket was under strict control in the early stage of its establishment. However, with the gradual relaxation of foreign exchange control, the participants in the real economy can utilize foreign exchange characterized by high flexibility in a larger scope, and the linkage between domestic and foreign financial markets has become closer.
Forex traders in South Africa are among the wealthiest people on the continent, and their rich lifestyle influences aspiring traders. Many people in the country are fascinated by the stories of successful people, which makes forex trading even more popular. In order to help investors or practitioners have a more comprehensive understanding of foreign exchange brokers in South Africa, WikiFX survey team is going to the country for on-site visits to local companies.

?Office
In this issue, the survey team went to South Africa to visit the foreign exchange broker #Banxso as planned according to its regulatory address that 2nd Floor, 117 on Strand, De Waterkant, Cape Town.

?Disclaimer
The content is for informational purpose only, and shall not be taken as a final order for making a choice.
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WikiFX is a leading global third-party forex industry information service platform.
From regulatory status, licensing qualifications, risk information, credit evaluation, on-site inspections, and other dimensions, WikiFX offers investors a comprehensive reference to help them effectively mitigate risks.
With over a decade of industry experience, WikiFX has the world's largest database of forex brokers, currently containing public information on over 49,000 forex brokers. It is dedicated to making forex investment simpler and safer.

?Brand Positioning—Third-party forex industry information service platform
?Brand Mission—To make forex investment simpler and safer with advanced technology
?Corporate Vision—To become the leading technology service provider in the global forex investment safety field.

WikiFX’s social media account as below:
?Official website
? https://www.wikifx.com/en/?source=ys

?WikiFX app
? https://social1.onelink.me/QgET/fo82tyr0

?TikTok
? https://www.tiktok.com/@wikifx_en