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BUX Forex

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Operating status: SCAM

Website: https://buxforex.com/index.html?lan=en

Broker violations and abnormal records
  • 2022-10-09 The UK FCA Warns that BUX Forex is a Clone Firm

    On 10 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that BUX Forex was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/bux-forex-clone-fca-authorised-firm

    On 10 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that BUX Forex was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/bux-forex-clone-fca-authorised-firm
  • 2022-10-10 BrokersView has Reviewed that BUX Forex is an Unregulated Forex Broker

    BUX Forex claims to be regulated by the United Kingdom Financial Conduct Authority (UK FCA) with license number 184333. We searched FCA and found a company named BUX Financial Services Limited. However, the approved website did not matched.

    Moreover, FCA issued a warning that BUX Forex was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. 

    The truth is that BUX Forex is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    BUX Forex claims to be regulated by the United Kingdom Financial Conduct Authority (UK FCA) with license number 184333. We searched FCA and found a company named BUX Financial Services Limited. However, the approved website did not matched.Moreover, FCA issued a warning that BUX Forex was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. The truth is that BUX Forex is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
  • 2022-12-11 BrokersView has found that BUX Forex is not working

    BrokersView found the domain "https://buxforex.com/index.html?lan=en" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://buxforex.com/index.html?lan=en" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

Related Complaints

Q&A

I want to trade with BUX Forex. Do you recommend this platform?

daomingsijj
Lithuania
2022-11-01
ANSWER BUX Forex is not a licensed or regulated broker even though it states offers that look good to be true. BUX Forex claims to be regulated by the United Kingdom Financial Conduct Authority (FCA) with license number 184333. We searched FCA and found a company named BUX Financial Services Limited. However, the approved website of this company did not match the one used by BUX Forex. Moreover, FCA issued a warning that BUX Forex was a clone firm, which used the details of firms UK FCA authorized to try to convince people that it works for a genuine, authorized firm. You can check the full warning from here.The truth is, BUX Forex is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like BUX Forex and trade with licensed brokers.
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