BUX broker Accounts

bux Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: bux Account Types Explained

BUX offers three primary account types designed to cater to different levels of investors. Each account type has unique features, minimum deposit requirements, and fee structures.

1. BUX Basic

• Minimum Deposit Requirement: €0
• Spread/Commission Structure:
• Commission-free monthly investment plans
• Up to €3.99 per order
• Leverage Options: Not specified
• Key Features:
• No fixed monthly service fee
• Commission-free investment plans
• Access to fractional shares
• Target User Profile: Beginners looking to start investing without incurring high fees.
• Trading Instruments Available: Stocks, ETFs, and other investment products.

2. BUX Plus

• Minimum Deposit Requirement: €0
• Spread/Commission Structure:
• €2.99 monthly service fee
• Commissions up to €1.99 per order
• Leverage Options: Not specified
• Key Features:
• 1.50% interest on uninvested cash
• Three commission-free orders per month
• Target User Profile: Intermediate investors who want to benefit from lower trading fees.
• Trading Instruments Available: Stocks, ETFs, and other investment products.

3. BUX Prime

• Minimum Deposit Requirement: €0
• Spread/Commission Structure:
• €7.99 monthly service fee
• Commissions up to €0.99 per order
• Leverage Options: Not specified
• Key Features:
• 1.75% interest on uninvested cash
• Access to expertly built investment plans by J.P. Morgan
• Five commission-free orders per month
• Target User Profile: Advanced investors seeking the lowest fees and highest interest rates.
• Trading Instruments Available: Stocks, ETFs, and other investment products.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: BUX Basic
• Intermediate Investors: BUX Plus
• Advanced Investors: BUX Prime

Part 2: bux Account Features Comparison

Detailed bux Account Features

Advantages of Each Account Type

• BUX Basic:

• No monthly fees make it accessible for new investors.

• Commission-free investment plans encourage regular investing.

• Easy to use mobile app for managing investments.

• BUX Plus:

• Low monthly fee with additional benefits like interest on cash.

• Three commission-free trades allow for flexibility in trading.

• Suitable for those looking to grow their investment portfolio.

• BUX Prime:

• Highest interest rate on uninvested cash.

• Access to expert investment plans, enhancing investment strategy.

• Lowest trading fees for frequent traders.

Disadvantages of Each Account Type

• BUX Basic:

• Limited features compared to Plus and Prime accounts.

• Higher commission per order may deter frequent trading.

• BUX Plus:

• Monthly fee may not be justified for infrequent traders.

• Limited commission-free trades compared to Prime.

• BUX Prime:

• Higher monthly fee may be a barrier for casual investors.

• Complexity of features may overwhelm beginners.

Part 3: bux Account Opening Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in several European countries; specific restrictions may apply.
• Prohibited Countries: Specific countries may be restricted from opening accounts; check the BUX website for details.
• Identity Verification Documents Needed:
• Government-issued ID (passport, driving license)
• Proof of address (utility bill, bank statement)
• Proof of Residence Requirements: Must provide documentation showing current residence.
• Additional Documentation for Professional Accounts: May require additional financial documentation.

KYC/AML Compliance Procedures

• BUX follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring identity verification during the account opening process.

Verification Time Frames

• Account verification typically takes a few hours to a couple of days, depending on the completeness of the submitted documents.

Part 4: bux Account Opening Process

Step-by-Step bux Account Opening Guide

1. Visit Website and Click Registration: Go to the BUX website or download the app.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select between BUX Basic, BUX Plus, or BUX Prime.
4. Set Trading Preferences: Indicate your trading preferences and investment goals.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for BUX to verify your account.
7. Fund Your Account: Deposit funds into your new account using available payment methods.
8. Start Trading: Begin trading by selecting your preferred stocks or ETFs.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile; however, mobile registration may offer a more streamlined experience.

Common Registration Issues and Solutions

• Issue: Document upload failures.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Delays in verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between a few hours to a couple of days.

How to Upgrade/Downgrade Account Types

• Users can upgrade or downgrade their account types through the app or website; changes take effect at the beginning of the next billing cycle.

Part 5: bux Demo Account Information

bux Demo Account Features and Benefits

• The demo account allows users to practice trading with virtual funds, providing a risk-free environment to learn the platform.

How to Open a Demo Account

• Users can typically open a demo account during the registration process or through the app after creating a live account.

Demo Account Limitations

• The demo account may have limitations on the number of trades or available features compared to live accounts.

Virtual Balance Amount

• Users are usually provided with a virtual balance to simulate trading.

Demo vs Live Account Differences

• The demo account does not involve real money, while live accounts require actual funds for trading.

Duration/Expiry of Demo Accounts

• Demo accounts may expire after a certain period, typically 30 days, but this can vary by platform.

Part 6: bux Islamic Account (if available)

bux Islamic Account Details

• Swap-Free/Islamic Account Availability: BUX does not currently offer Islamic accounts.
• Eligibility Requirements: N/A
• Differences from Standard Accounts: N/A
• How to Apply for Islamic Account: N/A
• Restrictions or Special Conditions: N/A

FAQs – bux Account Types & Opening

1. What account types does bux offer？

• BUX offers three account types: BUX Basic, BUX Plus, and BUX Prime.

1. What is the minimum deposit for each account type？

• The minimum deposit for all account types is €0.

1. How long does bux account verification take？

• Account verification typically takes a few hours to a couple of days.

1. Does bux offer demo accounts？

• Yes, BUX offers demo accounts for users to practice trading.

1. Can I have multiple account types with bux？

• Yes, users can upgrade or downgrade their account types as needed.

1. Does bux offer Islamic/swap-free accounts？

• No, BUX does not currently offer Islamic accounts.

1. What documents do I need to open a bux account？

• You need a government-issued ID and proof of address.

1. Can I change my account type after registration？

• Yes, you can change your account type after registration through the app or website.