High Risk Investment Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Safety of Client's Investment Funds
Here at BuzzFx we take the security of client's investment funds very seriously. As such, we have a set of measures in place designed to protect your investments. Segregated accounts are a key element of our financial security system.
How we provide such a high level of protection for our clients?
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.