Search

BUX Broker Review

1.13

WikiFX monitor

Business

Influence E

License

VFSC Suspicious Clone

  

Bux Review 2025: Everything You Need to Know

  Bux, the mobile-only trading platform, has gained traction in Europe, particularly among young investors. It offers commission-free trading for stocks, ETFs, and cryptocurrencies, but it comes with certain limitations, including a monthly service fee and a limited range of investment options. This Bux review will delve into the platform's features, advantages, disadvantages, and user experiences to help you determine if it fits your trading needs.

  Note: Its important to recognize that Bux operates under different entities in various regions, which can affect user experience and regulatory oversight. This Bux review aims to provide a fair and accurate assessment based on multiple sources.

  

Ratings Overview:

Category Rating (out of 10)
Account Conditions 7.0
Tools and Resources 6.0
Customer Service and Support 6.5
Trading Setup/Experience 7.5
Trustworthiness 8.0
User Experience 7.0
Additional Features 6.5

  We rate brokers based on user experiences, expert opinions, and factual data gathered from various sources.

  

Broker Overview

  Founded in 2014 and based in the Netherlands, Bux operates primarily through its flagship app, Bux Zero, which allows users to trade stocks, ETFs, and cryptocurrencies without traditional commission fees. The platform is designed to appeal to younger investors who prefer mobile trading. Bux is regulated by the Dutch Authority for Financial Markets (AFM), ensuring a level of trust and security for its users.

  

Detailed Breakdown

  

Regulated Regions

  Bux operates in several European countries, including the Netherlands, Belgium, France, Germany, Austria, Ireland, Italy, and Spain. Users should be aware that the regulatory framework may differ based on their location, which can impact the services and protections available to them.

  

Deposit/Withdrawal Currencies

  Bux primarily supports euro-based accounts, making it straightforward for users in the Eurozone. However, it does not currently support multiple currencies, which may limit options for international investors.

  

Minimum Deposit

  Bux has a very low barrier to entry, requiring no minimum deposit to start trading, making it accessible for new investors looking to dip their toes into the market.

  

Bonuses/Promotions

  One of the attractive features highlighted in this Bux review is the promotion of offering a free share valued up to €200 upon account registration and deposit. This incentive can help new users start their investment journey with a boost.

  

Tradable Asset Classes

  The platform allows trading in a limited selection of asset classes, including EU and US stocks, ETFs, and cryptocurrencies. While the range of available assets is growing, it is still relatively limited compared to more established brokers.

  

Costs (Spreads, Fees, and Commissions)

  Bux employs a transparent fee structure. Users can execute "zero orders" for EU stocks and ETFs without incurring commissions, but there is a monthly service fee of €2.99. Market and limit orders incur a fee of €1.99 for EU assets and €0.99 for US assets. Additionally, a 0.25% currency conversion fee applies for transactions involving US stocks.

  

Leverage

  Bux does not offer leverage for trading, which may appeal to risk-averse investors but could deter those looking to amplify their trading positions. Instead, users can utilize Bux X for CFD trading, where leverage options are available.

  

Allowed Trading Platforms

  Currently, Bux exclusively operates through its mobile app, which is available on both iOS and Android devices. The app is designed for ease of use, but it lacks the advanced analytical tools that some experienced traders might seek.

  

Restricted Regions

  While Bux is expanding its services, it is currently limited to specific European countries. This may restrict access for potential users outside these regions.

  

Available Customer Support Languages

  Bux offers customer support in multiple languages, including English, Dutch, and German. However, the lack of a live chat option has been noted as a drawback by some users.

  

Ratings Recap

Category Rating (out of 10)
Account Conditions 7.0
Tools and Resources 6.0
Customer Service and Support 6.5
Trading Setup/Experience 7.5
Trustworthiness 8.0
User Experience 7.0
Additional Features 6.5

  

Detailed Analysis

  •   Account Conditions (7.0): Bux provides a user-friendly setup with no minimum deposit, making it accessible for beginners. However, the monthly service fee may deter some users.

  •   Tools and Resources (6.0): While the app is intuitive, it lacks advanced analytical tools and a demo account, which can be a disadvantage for more experienced traders looking for comprehensive market analysis.

  •   Customer Service and Support (6.5): Bux provides support through email and a dedicated FAQ section, but the absence of live chat has been a point of criticism. Users have reported prompt email responses.

  •   Trading Setup/Experience (7.5): The mobile app is streamlined for ease of use, but the limitations in asset classes and the reliance on zero orders may restrict trading flexibility.

  •   Trustworthiness (8.0): Regulated by the AFM, Bux has a solid foundation of trust. The backing from ABN AMRO Bank adds an additional layer of security for users.

  •   User Experience (7.0): Overall, the user experience is positive, especially for beginners. However, the app's simplicity may not cater to the needs of advanced traders.

  •   Additional Features (6.5): The free share promotion is a notable perk, and the platform's focus on sustainable investing is commendable. However, the lack of a demo account and limited research tools are drawbacks.

  •   In conclusion, this Bux review indicates that while Bux is a solid choice for beginner investors looking for a straightforward, mobile-first trading experience, it may not meet the needs of more experienced traders seeking advanced tools and a wider range of investment options.