BUX Markets Account Type

　　BUX Markets offers two main types of accounts for traders:

• 　　Retail Account: This account type is designed for individual retail traders. It requires a minimum deposit of $100, which is standard in the industry. Retail clients have access to various trading instruments, including forex, indices, stocks, ETFs, commodities, and cryptocurrencies.

• 　　Professional Account: This account is targeted at traders who meet certain criteria to qualify as professional clients. Professional clients may benefit from higher leverage and are exempt from some product intervention measures introduced by ESMA. To qualify, traders must meet at least two of the following criteria:

  　　

• Have executed significant leverage trades at an average frequency of 10 per quarter over the last 4 quarters.
• Possess a financial instrument portfolio (including cash deposits) exceeding €500,000.
• Have at least one year of professional experience in a financial sector position that requires knowledge of leveraged products.

　　

BUX Markets Broker Account Opening Process

　　To open an account with BUX Markets, follow these steps:

• Visit the Website: Go to the BUX Markets website and locate the “Start Trading Now” button.
• Initiate Account Opening: Click on the “Start Trading Now” button to begin the account opening process.
• Fill Personal Information: Enter the required personal information, including your name, date of birth, and nationality.
• Provide Contact Details: Enter your email address and phone number for communication purposes.
• Enter Postal Address: Provide your postal address to ensure accurate correspondence.
• Financial Information: Proceed to provide the necessary financial information as requested by BUX Markets.
• Trading Experience: Share your trading experience details to give the broker an understanding of your level of expertise.
• Account Details: Finally, provide the required account details to set up your trading account with BUX Markets.

　　After completing these steps, your account will be reviewed, and you will receive confirmation once it is active.

　　Source: WikiFX