Yes, your money is safe. BUX is a trading name of ayondo markets Limited. ayondo markets Limited is authorised and regulated by the Financial Conduct Authority (“FCA”) and is covered by the Financial Services Compensation Scheme (“FSCS”). The FSCS will settle the shortfall to the extent of £50,000 per person. Please refer to FSCS website for more details.
The FCA has very strict regulations about client money designed to protect retail and professional clients. BUX is fully committed to following these regulations in both the letter and the spirit. In addition, the FSCS would compensate clients if BUX were unable to meet its financial obligations.
To find out more about how safe trading with BUX is, please visit the BUX website.
If you have any further questions in regards to this, please feel free to contact us via email at BUX Support.