BuzzFx

BuzzFx is a retail forex and CFD broker registered in Malaysia, founded on 13 November 2020. The company’s registered address is Unit A13, AMS Properties limited, level 11©, Block 4, Financial Park Labuan, Malaysia. Despite being registered in Labuan, a jurisdiction with some regulatory oversight, BuzzFx currently holds no active regulatory licence from any financial authority.

The broker presents itself as a multi-asset trading platform offering over 200 products, including metals, CFDs, stocks, and institutional liquidity. It targets both retail and institutional clients, with account structures designed to cater to different capital levels.

One of the most critical aspects for traders is regulation, and here BuzzFx falls short. Our records show that the broker is not regulated by any known financial watchdog. While it is registered in Labuan, Malaysia, registration alone does not equate to licensing or oversight.

The absence of regulation means that traders have no recourse through a regulatory ombudsman in case of disputes. Deposits are not protected by any investor compensation scheme. This lack of oversight elevates the risk profile significantly.

BuzzFx offers three account tiers: Silver, Gold, and Platinum. The Silver account requires a minimum deposit of $100, while both the Gold and Platinum accounts require $500. All accounts offer a maximum leverage of up to 1:500, which is extremely high and can amplify both gains and losses.

The broker does not specify spreads or commissions in our known data, but such high leverage typically comes with variable spreads. The account tiers likely differ in terms of spreads, execution speed, or additional services, though precise details are not publicly available.

BuzzFx claims to provide access to over 200 trading instruments, including forex, metals, CFDs, and stocks. It also mentions institutional liquidity, suggesting deep liquidity pools for larger trades.

Information on trading platforms is limited, but given the instrument range, it is likely that BuzzFx offers MetaTrader 4 or a proprietary web platform. Social media presence indicates active marketing, though platform specifics are not clearly stated.

Details regarding funding methods are not available in our records. Typically, brokers offer bank transfers, credit/debit cards, and e-wallets. However, without confirmed information, traders should exercise caution and verify directly with the broker. The lack of transparency on payment methods is a common red flag among unregulated entities.

BuzzFx operates as an unregulated forex broker from Malaysia. While it offers a wide range of instruments and high leverage, the lack of regulatory oversight makes it a high-risk choice. Traders considering BuzzFx should be fully aware that they have no external protection. Independent information about the broker is scarce, and potential clients are advised to conduct thorough due diligence before depositing funds.