How we provide such a high level of protection for our clients?

• Segregation of Funds; Client funds are kept completely separate from the company's and are stored with reliable banks in special accounts (called segregated accounts).
• The company provides for the full protection of client funds for as long as they decide to keep them with us.
• We do not use client funds for operational or investment purposes.
• Partnerships with banks BuzzFx works with several banks whose reliability is beyond question.
• We use modern encryption technology BuzzFx uses the SSL (Secure Sockets Layer) cryptographic protocol, which provides secure connections for making transactions. Data is encrypted to prevent it from being stolen or accessed by third parties during its transfer. In addition to this, it's transmitted all at once to ensure that it remains intact.
• In order to ensure that data is transferred between the correct user terminal and server, the identities of the communicating parties are authenticated using public-key cryptography.
• Transparent trading conditions and information policy BuzzFx does everything possible to ensure the business' complete transparency. We adhere to a strict set of financial standards and are obliged to periodically report our activities to the regulatory authorities.
• BuzzFx Auditors relationship

Internal and external audit ensure appropriate and regular communication and sharing of information – a constructive relationship on this basis benefit BuzzFx. However, it is vital that the two assurance functions maintain clear boundaries, as well as ensure they preserve their independence and objectivity. Internal and external audit are complementary functions within the assurance framework and both are essential for the effective governance of BuzzFx. However, internal audit is distinct from external audit and both functions have their own value and expertise. They perform very different roles and report separately to the board of directors /audit committee. Both are independent, objective, properly resourced and work according to their respective international standards. Despite the need to preserve their independence and objectivity, internal and external audit maintain a close, constructive relationship. This is to ensure their work is coordinated and there is an efficient use of resources.

On the relationship between internal and external audit, our Internal Audit Code of Practice “Guidance on effective internal audit in the private and third sectors” says: “The chief internal auditor and the partner responsible for external audit should ensure appropriate and regular communication and sharing of information.” It is important that regulators and policymakers understand and take into account the differences between internal and external audit when developing new policies related to audit and corporate governance. Legislative and regulatory references to “audit” and “the auditor” should be specific as to whether they are referring to internal audit or external audit.