alert!BUX abandon brand Stryk, customer account migrate to Aihua?And ready to withdraw from the British market!

Last year, BUX released the news, claiming that the brand was reshape, and the CFD trading platform trading application was renamed Stryk from BUXX, mainly to distinguish its unique services.

In the words of BUX, it clearly distinguishes Stryk and Buxzero, as well as the customer base it catering.Stryk users focus on trading leverage products with a more frequent and flexible rhythm, and can access the built -in social channels in the application.It has been launched in 13 countries/regions.

But today the Detective was curious to open Stryk's official website and found that I did not know when Stryk had quietly closed the service.

After just one year, not only Stryk closed the service, BUX is going to sell the British license to withdraw from the British market!What happened in the middle?

1. Bux customer account migrate to Aihua?

Regarding the Stryk off service, the official statement is: strategic changes, more attention to medium- and long -term investment, and more consistent with the interests of customers, decided to suspend the difference between the difference in the contract transaction application Stryk.  

The official statement is always explained by customer interests.However, no matter how good the wording is, the detective still cannot understand why the customer's account needs to be migrated to Aihua.In this regard, BUX did not give a clear answer.

Below Stryk's official website wrote "I agree to migrate my account to Avatradeeultd."What does that mean?Just this option, investors can only agree and cannot refuse!

Through the official website of Aihua, I learned that Avatradeeultd was regulated by the Central Bank of Ireland.

According to the regulatory information of the Irish Bank, AvatraDeeulimited does exist.However, this license does not have the qualification to conduct foreign exchange transactions, and its business scope is limited to providing auxiliary services, that is, foreign exchange consulting services related to investment services.The important thing is that the license only represents customers or execute orders in their own names.Therefore, holding this license can only be used as a customer or execute orders in their own name, and cannot represent the order on behalf of others.

Why does BUX migrate their customers' accounts here?There are two possibilities of detective guess:

May 1: BUX is ready to run, but the mobile funds cannot pay customers' deposits, so Aihua acquires it privately. On the one hand, it provides funds for funds to solve the problem of gold. On the other handLeek.

May 2: BUX and Aihua have reached a certain agreement. After the customer account was migrated to the Aihua platform, the two parties divided the profit in a certain proportion.This operation allows BUX to receive more financial support, while the Aihua platform can expand its user base and obtain more transaction revenue.

Of course, the above is just a guessing based on the current information. I am afraid that only BUX and Aihua will know the specific situation.

On a certain eye, this closed service platform still has a high score of 6.37. Everyone chose carefully ~

2. Bux is ready to withdraw from the British market?

Last month, many media reported news about Bux withdrawing from the British market.The reason was that the overall revenue of Bux British companies in 2022 fell by 83%, from 9.2 million pounds in 2021 to 1.5 million pounds, resulting in a net loss of 2.3 million pounds in 2022.Cumulative loss of £ 25.9 million!

So Bux stated that BuxfinancialServicesLimited, BuxfinancialServicesLimited, which was plans to sell its FCA, and withdrew from the British retail trading market.

At present, this license is still under BUX and can continue to be traded, but investors try not to open their accounts here, maybe they will be sold in the next second ~

But how will its business develop after BUX withdraws from the British market?What is its future?Are you really ready to run?We also need to continue to pay attention!

Investment needs to be cautious, please brighten your eyes!