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Regulated by the Financial Conduct Authority (FCA), providing a level of trust and security for traders.

Offers a variety of tradable assets, including forex, indices, stocks, ETFs, commodities, and cryptocurrencies.

Minimum deposit requirement of $100, making it accessible for new traders to start trading.

Spreads are not considered competitive compared to other market participants, which may affect trading costs.

Inactivity fees apply after 180 days of account inactivity, potentially leading to unexpected charges for dormant accounts.

Limited funding options available, as deposits and withdrawals are restricted to credit/debit cards and bank wire transfers only.

BUX Markets broker Accounts

Bux Markets Account Type

Bux Markets offers two main types of accounts to cater to different trader needs: Retail Account and Professional Account.

Minimum Deposit: $100
Leverage: Up to 1:30 for most instruments.
Features: Access to a wide range of trading instruments including CFDs, stocks, indices, commodities, and ETFs. This account is designed for retail traders who are beginning their trading journey.

Eligibility: Traders must meet at least two of the following criteria:
Execute significant leverage trades at an average frequency of 10 per quarter over the last 4 quarters.
Possess a financial instrument portfolio exceeding €500,000.
Have at least one year of professional experience in a financial sector position that requires knowledge of leveraged products.
Leverage: Higher leverage options available, subject to specific regulations.

Opening an account with Bux Markets is a straightforward process that typically involves the following steps:

Visit the Website: Go to the Bux Markets homepage and locate the “Start Trading Now” button.
Fill in Personal Information: Provide personal details such as name, date of birth, and nationality.
Contact Details: Enter your email address and phone number for communication purposes.
Postal Address: Provide your residential address for accurate correspondence.
Financial Information: Complete the required financial information as requested by Bux Markets.
Trading Experience: Share your trading experience to help the broker understand your level of expertise.
Account Details: Finally, provide the required account details to set up your trading account.
Verification: After submitting your application, it will be reviewed, and you will need to verify your identity through provided documentation.
Deposit Funds: Once your account is verified, you can deposit funds and start trading.