Banxso, the esteemed FX & CFD brokerage headquartered in South Africa, isn’t just making headlines—it’s making history. As part of its strategic move to redefine the financial landscape, Banxso introduces the Tour de Banxso, a competition that seamlessly merges the thrill of financial markets with the timeless allure of classic automotive excellence. This unique event, reminiscent of the legendary Mille Miglia, promises not only substantial rewards but also an opportunity to immerse oneself in the rich history of vintage car racing.
In just over a year since its inception, Banxso has been on a turbocharged journey of growth and innovation. The acquisition of an EU investment business license from the Cyprus Securities and Exchange Commission (CySEC) marks a significant milestone for Banxso, opening doors for expansion into the European market and granting authorization for cross-border services within the EU and EEA. But Banxso’s ambitions extend far beyond European borders.
Simultaneously, Banxso is making strategic moves closer to home, strengthening its position within Africa through the acquisition of an international brokerage license and a class “A” banking license from the Comoros. This expansion reflects Banxso’s commitment to becoming a key player in Africa’s rapidly evolving financial markets and tapping into the unique opportunities presented by the continent’s diverse landscape.
But it’s not just about numbers and licenses for Banxso—it’s about creating meaningful opportunities for traders and enthusiasts alike. The Tour de Banxso, spanning from the 15/02/2024 – 15/05/2024, invites participants to embark on a historic journey filled with 90 days of electrifying trading action. With each profitable trade propelling them closer to coveted prizes inspired by the grand racing era, participants are encouraged to strap in for a pulse-racing experience like no other.
At the forefront of these prizes is the classic 1959 Mercedes-Benz 190 SL, valued at a staggering R2,800,000. Alongside this automotive gem, winners will also receive entry to the esteemed Cape 1000 Classic Car Race and an Official Mille Miglia Chopard Watch, valued at R200,000.
But the excitement doesn’t end there. Second and third place winners will have the opportunity to witness the Mille Miglia 2024 race firsthand in Italy and receive their own Official Mille Miglia Chopard Watch, respectively.
To enter this prestigious competition, traders must meet certain requirements. A minimum deposit of R100,000 serves as the pinnacle of participation, ensuring a level playing field for all competitors. Additionally, traders are required to execute a minimum of 50 trades across at least 10 different assets, with the winner determined by the highest winning ratio.
Upon registration, participants are provided with a dedicated competition account, serving as the racetrack for their trades. Unlike traditional accounts, this platform prohibits deposit bonuses or cash back promotions, focusing solely on the trading competition.
As the Tour de Banxso reaches its thrilling conclusion on the 30th of April 2024, all open trades will be seamlessly brought to a close at the market price. Every profitable trade contributes to the exhilarating race to the finish line, making each decision and execution crucial in determining the ultimate victors.
Banxso’s Tour de Banxso transcends traditional trading competitions, offering participants an opportunity to fuse their financial expertise with a passion for classic cars and racing heritage. Beyond the allure of substantial prizes, this event celebrates the timeless charm and excitement of vintage racing, making it a must-attend for trading enthusiasts and automotive aficionados alike.
ITP Media Group newsroom and editorial staff were not involved in the creation of this content.