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Regulation
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Regulation and Licensing

Financial Conduct Authority
FCA Register number 802012
VARIANSE is a trading name of VDX Ltd. which is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The FCA is the conduct regulator for 58,000 financial services firms and financial markets in the UK and the prudential regulator for over 18,000 of those firms. The FCA’s strategic objective is to ensure that the relevant markets function well and their operational objectives are to: protect consumers, protect financial markets, and promote competition.
Segregation of Client Funds
All client funds deposited with VARIANSE are fully segregated from the company’s own funds and are kept in separate ring-fenced client money bank accounts with Barclays Bank. This ensures that funds belonging to clients cannot be used for any other purpose.
Financial Compensation Scheme
The Financial Services Compensation Scheme is the UK's statutory Deposit insurance and investors compensation scheme for customers of authorised financial services firms. This means that FSCS can pay compensation if a firm is unable, or likely to be unable, to pay claims against it up to a value of £85,000.

Financial Services Commission (FSC)
FSC License number C118023323.
VARIANSE is a trading name of VDX Derivatives which is authorised and regulated by the Financial Services Commission (FSC) in the Republic of Mauritius. The Financial Services Commission, Mauritius (the ‘FSC’) is the integrated regulator for the non-bank financial services sector and global business. Established in 2001, the FSC is mandated under the Financial Services Act 2007 and has as enabling legislations the Securities Act 2005, the Insurance Act 2005 and the Private Pension Schemes Act 2012 to license, regulate, monitor and supervise the conduct of business activities in these sectors
Segregation of Client Funds
All client funds deposited with VARIANSE are fully segregated from the company’s own funds and are kept in separate ring-fenced client custodian bank accounts with Barclays Bank. This ensures that funds belonging to clients cannot be used for any other purpose.

Financial Services Authority (SVG)
Registration no. 3973 LLC 2025
VARIANSE is a trading name of VDX Fintech LLC registered by the Registrar of International Business Companies and by the Financial Services Authority St. Vincent and the Grenadines (SVG). The FSA is responsible for the administration and enforcement of and ensuring compliance with the FSA Act and other specified enactments, regulations or guidelines.
Segregation of Client Funds
All client funds deposited with VARIANSE are fully segregated from the company’s own funds and are kept in separate ring-fenced client money bank accounts with Barclays Bank. This ensures that funds belonging to clients cannot be used for any other purpose.