Regulation

1.1 The trading name "Bullion FX" is operated by Bullion FX Markets Ltd (the "Company"), an International Business Company incorporated under the laws of St. Vincent and the Grenadines.

1.2 The Company's registered office is Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.

1.3 References on this website to "Bullion FX", "we", "us", or "our" refer to Bullion FX Markets Ltd unless the context requires otherwise.

The Company is registered as an International Business Company under the laws of St. Vincent and the Grenadines. The Financial Services Authority of St. Vincent and the Grenadines (the "SVG FSA") maintains the IBC register but does not currently supervise foreign-exchange or contracts-for-difference activity carried on by IBCs. You should not treat the existence of our IBC registration as evidence of prudential supervision over our trading activity.

The Company is not regulated by the Financial Conduct Authority of the United Kingdom, the Australian Securities and Investments Commission, the Cyprus Securities and Exchange Commission, the Financial Sector Conduct Authority of South Africa, or any other tier-1 retail-derivatives regulator. You should understand this fact before opening an account.

No statutory investor-compensation scheme covers your relationship with the Company. The Financial Services Compensation Scheme of the United Kingdom, the Investor Compensation Fund operated by EU Member States, and the Cyprus Investor Compensation Fund do not apply. If the Company became unable to pay its debts, you would rank as an unsecured creditor in respect of any uninvested cash balance, subject to the segregation arrangements described in Section 4 of this page and Section 14 of the Terms of Service.

We say all of this clearly because the alternative — implying protections that do not exist — would mislead you about a risk that materially affects how you should size, fund, and monitor your account with us.

3.1 The Company offers its services across more than eighty (80) jurisdictions worldwide. You are responsible for confirming that participation in leveraged-derivative trading is lawful at your place of residence and for reporting any gains or losses to your local tax authority. We do not warrant that our services are lawful in every jurisdiction from which they may be accessed.

3.2 The Company does not offer its services to residents of the United States of America. We do not solicit clients in the United States, we will reject onboarding applications from the United States, and we will not knowingly maintain accounts for United States residents. References elsewhere on this website to a single restricted region refer to the United States.

3.3 The Company may from time to time add further restricted jurisdictions in response to legal, sanctions, or operational considerations. Any change will be reflected on this page and in Section 4 of the Risk Disclosure.

4.1 Cash balances and unrealised positions held in your account are recorded on the Company's books as a liability owed to you in United States dollars, irrespective of the rail by which you funded the account.

4.2 Crypto-asset funding rails (USDT and BTC) and fiat funding rails are held in custody arrangements and segregated banking accounts respectively, separate from the Company's own operating funds. The full operational disclosure — including segregation methodology, withdrawal processing windows, and what segregation does and does not protect against — is published on the Fund Security page.

4.3 Segregation does not mean insurance. The Company does not maintain a private insurance policy against operational loss, theft, or fraud of client funds. Sections of the Fund Security page set out the controls we do operate and are explicit about the residual risks those controls cannot eliminate.

5.1 If you are dissatisfied with any aspect of the Company's service, our internal complaints procedure is described in Section 29 of the Terms of Service. The Company will acknowledge a written complaint within five (5) business days and provide a substantive response within thirty (30) calendar days, unless a longer period is reasonably required because of the complexity of the matter.

5.2 If the dispute cannot be resolved through the internal complaints process, the Parties will attempt to resolve it through negotiation. Where negotiation has failed, the dispute may be referred to an independent dispute-resolution body of competent jurisdiction, including a recognised online financial dispute-resolution service.

5.3 Because the Company is not regulated by a tier-1 retail-derivatives regulator, you do not have recourse to the Financial Ombudsman Service of the United Kingdom or to any equivalent statutory ombudsman scheme. Section 30 of the Terms of Service sets out the governing law (St. Vincent and the Grenadines) and the courts of exclusive jurisdiction.

The Company may update this page from time to time to reflect changes in entity structure, regulatory status, restricted jurisdictions, segregation arrangements, or complaints procedure. The current version is always available at /company/regulation and is dated at the top.