BUX Review 2024
Minimum
deposit:
  • €5

Trading platform:

  • BUX Zero
Regulation:
  • AFM

BUX Review 2024

Updated:
Updated: June 10, 2024

6.31

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • €5

Trading platform:

  • BUX Zero
Leverage:
  • No
Trading features:
  • One real account, more than 3,500 assets from four groups, proprietary trading platform for mobile trading, automatic investment, accrual of interest on funds that are not used in trades

Summary of BUX Trading Company

BUX is a moderate-risk broker with the TU Overall Score of 6.31 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by BUX clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews. BUX ranks 26 among 78 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

The Neobroker BUX provides traders with the widest range of stocks and ETFs for trading, as well as ETCs and cryptocurrencies. The entry threshold and fees are objectively low, and operational processes are tuned to the smallest detail. The application contains much relevant and useful information, allowing clients to forecast the movement of quotes for assets they are interested in more accurately. An agglomeration of measures is implemented to ensure the security of funds and client data. For example, money is stored in separate accounts, and there is deposit protection of up to €100,000.

Neobroker BUX provides access to stocks, exchange-traded funds (ETFs), exchange-traded commodities (ETCs), and cryptocurrencies. Its clients can register for one account type under universal conditions. Trading fees depend on the asset type; the most common rate is €1.99. Some operations do not involve trading fees. There is no leverage. Trading is conducted through the BUX Zero mobile application. Client support is available 24/7 via phone and email. Deposits and withdrawals are made without broker fees via bank transfer, Visa and Mastercard cards, and payment systems. The website offers a huge volume of educational materials in various formats.

💰 Account currency: EUR
🚀 Minimum deposit: €5
⚖️ Leverage: No
💱 Spread: No (commission only)
🔧 Instruments: Stocks, ETFs, ETCs, cryptocurrencies
💹 Margin Call / Stop Out: No

👍 Advantages of trading with BUX:

  • The minimum deposit is only €5, with no fees for zero orders.
  • Over 3,500 assets are traded without any restrictions from the company, allowing scalping, hedging, and expert advisors.
  • Trades are executed promptly, with rare and insignificant slippages.
  • Passive income of 2.75% annually is provided on uninvested funds.
  • Upon registration, each client receives a share worth from €1 to €200.
  • The broker has been in the market for a long time and is regulated by the Netherlands Authority for the Financial Markets (AFM).
  • Automatic investment based on the trader's investment plan is possible.

👎 Disadvantages of BUX:

  • Clients are offered only the proprietary mobile app, and traditional trading platforms such as MT4, MT5, cTrader, etc., are unavailable.
  • The broker operates in 8 countries, specifically the Netherlands, Belgium, Germany, Austria, France, Italy, Spain, and Ireland.
  • There is no demo account, and leverage is not implemented.

Evaluation of the most influential parameters of BUX

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

5.42

/10

Regulation and safety The score for this parameter is based on the licenses a company holds. The higher the level of the license, the higher the score. Obtaining licenses in other jurisdictions also improves a broker’s score. We divide all licenses into three levels:

Level 1 jurisdictions (high level of trust): CFTC – USA, FINMA – Switzerland, FCA — UK, ASIC – Australia, CBI – Ireland, JFSA — Japan, MAS – Singapore, FMA — New Zealand, IIROC – Canada, SFC – Hong Kong.

Level 2 jurisdictions (medium level of trust): CySEC – Cyprus, FSCA – South Africa, CBRC – China, SEBI – India, ISA – Israel, SECT – Thailand, DFSA – United Arab Emirates

Level 3 jurisdictions (low level of trust): FSC – Belize, FSC – British Virgin Islands, FSC – Mauritius, VFSC – Vanuatu, SCB – The Bahamas, BMA – Bermuda, CIMA – Cayman Islands

9.15

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

8.57

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

6.02

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

7.86

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

5.46

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

4.82

/10

User Satisfaction i

3 comments
Total score:
6 /10

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sommynet
3 weeks ago

Initially, the absence of a demo account was a bit disappointing. But since the deposit on a real account starts from €5, and fractional share trading is available, you can start without it, experimenting along the way. Stocks are the main focus of the platform. There are many of them, both globally renowned companies and those who have just established their market positions. It's a pity there are no currency pairs, and the cryptocurrency direction will soon be closed. The trading process is perfect, as transactions are executed quickly, with no serious broker costs or limitations. Advisors are allowed and even welcomed. I have no major complaints about the BUX Zero mobile platform. I would like to have access to R-Trader for PC trading, as it's more convenient. Also, there’s the possibility of passive income just by keeping money in the account. The interest rate is constantly increasing. It is currently at 2.75% per annum, which is quite competitive, even compared to banks. Client support is responsive and competent. I've contacted them several times with fairly complex questions, and they've answered very thoroughly and to the point.

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oonnaall
6 weeks ago

I started trading with BUX over a year ago and had no problems choosing an account, as there’s only one with great conditions. I immediately received a stock worth €145, a nice gift with which to start. Now, when making trades, I pay reasonable fees, and zero orders don't cost anything. I have created a well-diversified portfolio, and as a result, I am consistently growing my capital. There are no leaps, just 1-3% per month. I have absolute confidence in the broker. It's regulated by AFM and ensures fund protection as they're insured and kept in segregated accounts at ABN AMRO Clearing Bank. Also, I like the education system because the information is presented in simple language and accessible to traders of any level. Using a Visa card, deposits, and withdrawals are transferred smoothly, usually within two to three hours. In general, the broker and I are a good fit, and I don't plan on parting ways.

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Julraflis
2 weeks ago

I came here to trade mostly American stocks, but I was also interested in European ones. Commissions are completely satisfactory and not high, either €0.99 or €1.99. There’s also a 0.25% currency markup on American stocks, but it is not critical overall. The BUX Zero mobile app is top-notch, intuitive, and functional. I quickly got used to it despite previously trading exclusively through MetaTrader 5. I plan to use the auto investment option soon, with an initial amount of up to €1,000 for testing. What disappoints me is the absence of leverage because it reduces profit potential. I also miss copy trading, or rather, income from it as a signal provider. Otherwise, I didn't notice any other obvious drawbacks. I'm also working on another platform simultaneously, but BUX wins in terms of conditions and quality.

Expert Review of BUX

The new broker BUX, legally known as BUX BV, has been operating since 2014 and is authorized and regulated by the Netherlands Authority for the Financial Markets (AFM). It is available in the Netherlands, Belgium, Germany, Austria, France, Italy, Spain, and Ireland and constantly expands its reach. It will soon be acquired by ABN AMRO Bank, which undoubtedly will accelerate its development and increase its influence in the global financial market.

Traders can trade stocks, ETFs, ETCs, and cryptocurrencies. With over 3,500 assets, there is significant potential for deep diversification of investment portfolios. Easy access is provided with a deposit starting from €5 and one account type, the conditions of which are optimal for clients of any level. Trading is conducted with various volumes, including fractional shares. There are no restrictions on strategies or methods. As such, scalping, hedging, trading on news events, and algorithmic trading are allowed.

The commission policy is advantageous and transparent. Zero orders are executed at the end of the trading day, between 16:00 CET and market close, and do not incur fees. The fee for limit and market orders is €0.99 or €1.99. It’s 0.5% of the amount for cryptocurrencies, or 0 if holding a minimum of 1,000 BUX tokens in the account. Trades are conducted through the mobile app, which is available for free download on the Play Market or App Store. Leverage is not provided. Automatic investing can be set up, and the process takes no more than 10 minutes.

Even funds simply present in the account bring income to the trader. They accrue 2.75% annual interest. The safety of funds is guaranteed, as they are held in separate accounts at ABN AMRO Clearing Bank and insured for up to €100,000.

Client support is multilingual, and managers are available by phone and email daily at any time. Deposits and withdrawals can be made via bank transfer, Visa and Mastercard cards, or electronic payment systems with no broker fees. Unfortunately, there is no demo account or analytical tools. However, there is a Knowledge Center with a large volume of basic and advanced information.

Based on the above, the BUX neobroker and its commitment to constant development persuade me to recommend it for exploration by all traders.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of BUX’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets and Products of the Broker

Some brokers offer their clients the opportunity to earn passive income. It is often copy trading, while PAMM and MAM accounts are much less common. Are there financial risks for the trader? Of course! In the case of an unsuccessful signal provider or account manager’s choice, not only will it be impossible to earn, but losses will also be inevitable. BUX stands out from its competitors by offering a truly risk-free option.

Interest on deposits

Such an investment offer can always be found at banks, but this is a rarity for brokers. However, it's quite logical, considering that BUX already actively works with ABN AMRO and will soon be acquired by this major Dutch financial conglomerate. Interest accrues at 2.75% per annum on funds stored in accounts and not used for trading. Calculation is done daily, and payouts are made monthly.


Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Trading Conditions for BUX Users

The BUX broker has only one account type, and a minimum deposit of at least €5 is required. With fractional shares available, such an amount would allow some trades. However, substantially more capital will be necessary if the goal is to make significant profits. Leverage is not provided. This means that the trader always trades solely with their own funds. The company's technical support operates 24/7, responding via email and phone, and supports multiple languages.

€5

Minimum
deposit

no leverage

Leverage

24/7

Support

💻 Trading platform: BUX Zero
📊 Accounts: Standard 
💰 Account currency: EUR
💵 Replenishment / Withdrawal: Bank transfer, Visa and Mastercard, payment systems
🚀 Minimum deposit: €5
⚖️ Leverage: No
💼 PAMM-accounts: No
📈️ Min Order: No
💱 Spread: No (commission only)
🔧 Instruments: Stocks, ETFs, ETCs, cryptocurrencies
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: No
📋 Orders execution: Market
⭐ Trading features: One real account, more than 3,500 assets from four groups, proprietary trading platform for mobile trading, automatic investment, accrual of interest on funds that are not used in trades
🎁 Contests and bonuses: Yes

BUX Commissions & Fees

Information
There are no charges on zero orders executed at the end of the trading day. As for market and limit orders, the commission depends on the asset type. For EU stocks, as well as ETFs and ETCs, it is €1.99 per position; and for U.S. stocks, it is €0.99 + 0.25% of the value. When trading cryptocurrencies, a fee of 0.5% of the amount is charged. There is no fee if holding 1,000 or more BUX tokens in the account.
Account type Spread (minimum value) Withdrawal commission
Standard €0, €0.99, or €1.99 No

Additionally, there is a monthly service fee of €2.99. However, withdrawals are made without a broker fee. The client must independently clarify whether there is a fee from the bank or payment system. This is to avoid any misunderstanding later on as to why one amount was deducted and a slightly smaller amount was received.
The table below provides data on the average trading costs for traders cooperating with BUX when compared to its two leading competitors.

Broker Average commission Level
BUX $1.2 Low
Charles Schwab $11 High
Ally Bank $4 Medium
Logo BUX
$1.2
$11
$4

Detailed review of BUX

BUX rightfully holds a place as one of Europe's leading neobrokers. It has been operating for about 10 years and serving hundreds of thousands of traders. Advanced financial technologies are implemented, and the proprietary trading platform is convenient, intuitive, and functional. Additionally, BUX has a close relationship with the renowned Dutch bank ABN AMRO, which will soon be acquiring BUX. This should significantly strengthen the platform's potential and further accelerate its infrastructure development.

BUX by the numbers:

  • Minimum deposit is €5.

  • More than 3,500 financial instruments to trade.

  • Trading fees start from €0.

  • The annual passive income is 2.75%.

  • The broker covers 8 countries.

BUX is a broker for comfortable trading with minimal risks.

Reducing trading risks is facilitated by a portfolio that includes varied assets. This allows for mitigating the negative trend of one or several assets through the stability and progress of others. BUX offers stocks, ETFs, ETCs, and cryptocurrencies, totaling over 3,500 instruments. Such diversity is sufficient for quality diversification. The company allows for many trading methods and strategies, from using advisors to scalping and hedging. Transactions are executed promptly. Client funds are secure and protected. Deposits are held in ABN AMRO Clearing Bank and insured for up to €100,000.

BUX’s analytical services:

  • Automatic investing. A trader needs to set up his investment plan in the app and specify the monthly payment amount, priority stocks, and ETFs. Then, it is enough to make small adjustments from time to time.

  • Passive income. The neobroker pays out 2.75% on funds that are not used in trading. This is the responsibility of the leading Dutch bank ABN AMRO, and all guarantees come from it.

  • Knowledge Center. A large selection of extremely useful informational and analytical materials is available. Additionally, all the platform’s features are covered.

Advantages:

1

Trading volumes of any size are done without significant commissions and no restrictions on strategies.

2

The platform offers a wide range of European and American company stocks, with all popular ETFs and ETCs available.

3

The proprietary mobile app features extensive functionality and is constantly being improved in response to client requests.

4

The company is licensed and operates under the supervision of the Dutch Financial Markets Authority, providing unquestionable guarantees of reliability, transparency, and security.

5

The professional level of technical support specialists is high, and they are always ready to help.

Guide on how traders can start earning profits

If a broker offers multiple account types, choosing between them can be quite challenging. However, BUX offers only one account, so this question does not arise for the trader. The same goes for the trading platform, as only BUX Zero is available for mobile devices. It is advantageous for traders to study the platform's offerings, such as the conditions for order types, the potential of automatic investing, security aspects, and much more. Clients should first determine the amount they will use in trading, considering that leverage is not provided. Plus, consider the possibility of passive interest income from the deposit.

Account type:

Account Type
Description
Standard
The minimum deposit is €5. Trading commission depends on the order type and asset. There are over 3,500 financial instruments, including European and American stocks. This account type allows any transaction volume.

One of the main drawbacks of BUX is that a demo account is unavailable. However, fractional shares can be purchased, so the broker can be studied and strategies experimented with minimum risks.

Bonuses from BUX

At the time of writing this review, the company offers one benefit for traders upon registration. Each trader will receive a stock ranging from €1 to €200. However, bonuses on deposits and other bonuses directly from Bux are absent.

TU rebates

It is very easy to make trading with this broker more profitable. Register on the TU website and, by accessing the user account, find the affiliate link there. Follow it to the BUX website. Open a real account. Follow the simple instructions, and link it to the Traders Union account. As a result, a part of the commissions charged on all transactions will be automatically refunded to you. These rebates are free and do not result in any trading restrictions, only savings.

 

Investment Education Online

Information

Traders need to constantly study expert materials, and learn from the experience of professionals. Only in this way can they keep up with market trends, understand trading tools, and use current gyrations to their advantage. BUX provides its clients with access to the Knowledge Center, where they will find a lot of useful and relevant training information.

What is on BUX’s website
What’s not on BUX’s website
FAQs on key functions and fundamentals
Comprehensive educational programs
Articles on trading
Recorded webinars
Videos from experts
Detailed guides on asset types

The selections are extensive, and the articles are conveniently categorized. Beginners should not limit themselves to the Knowledge Center, as it is important to use other third-party sources, but its capabilities should not be ignored either.

Security (Protection for Investors)

Information

Everything is simple. If a broker is registered, it means it operates legally and can be trusted. Regulatory oversight protects traders' interests during disputes and conflicts. The company BUX BV is registered with the Chamber of Commerce of the Netherlands under number 58403949. Its regulator is the AFM. It's also worth noting the close collaboration between the broker and ABN AMRO bank, which protects clients' funds and data.

👍 Advantages

  • The broker has been in the market for a long time
  • The broker is officially registered
  • The broker is regulated by the Authority for the Financial Markets of the Netherlands

👎 Disadvantages

  • The competence of the regulator extends only to some EU countries

Withdrawal Options and Fees

  • A clear, well-tested strategy and deep diversification of risks have led consistently to profitable trading by its clients.

  • Funds can be withdrawn at any time and in any amount, large or small, either fully or partially.

  • The broker does not charge a commission for this transaction type.

  • Withdrawals are processed to a bank account or card through electronic transfer systems.

Customer Support Service

Information

Traders sometimes encounter situations they cannot resolve independently. In such cases, they turn to the broker's specialists. A prompt and competent response leaves them with exclusively positive impressions. Otherwise, disappointment is inevitable, possibly leading to rejection of the company’s services. Realizing this, BUX pays special attention to the quality of technical support. It works 24/7 and is available by phone and email.

👍 Advantages

  • Technical support operates 24/7
  • Support handles requests from unregistered clients as well
  • Highly professional support managers

👎 Disadvantages

  • There is no live chat available
  • Responses via email arrive within 24 hours

Here are the current contact channels:

  • Phone;

  • Email.

There are also accounts on X, LinkedIn, YouTube, and Instagram. Traders can also request support through them.

Contacts

Registration address Plantage Middenlaan 62, Amsterdam, 1018DH, Netherlands
Regulation
Official site
Contacts

Review of the Personal Cabinet of BUX

This process involves several standard steps.

1

Go to the broker's website. Select the interface language in the top right corner: English, German, Dutch, French, Spanish, or Italian. Then click on the "Create your account" button.

Review of BUX User Account — Register.
Review of BUX User Account — Register.
Review of BUX User Account — Register.
Review of BUX User Account — Register.
2

Read the cooperation terms and agree to them by checking two boxes. Click "Continue".

Review of BUX User Account — Agreeing to the cooperation terms.
Review of BUX User Account — Agreeing to the cooperation terms.
Review of BUX User Account — Agreeing to the cooperation terms.
Review of BUX User Account — Agreeing to the cooperation terms.
3

Enter your email address and confirm it by following the link from the email.

Review of BUX User Account — Email confirmation.
Review of BUX User Account — Email confirmation.
Review of BUX User Account — Email confirmation.
Review of BUX User Account — Email confirmation.
4

Enter your first and last names, date of birth, gender, and nationality. Specify your country and place of birth, as well as residence. Complete the identity verification by providing scans or photos of the requested documents.

Review of BUX User Account — Detailed information about yourself.
Review of BUX User Account — Detailed information about yourself.
Review of BUX User Account — Detailed information about yourself.
Review of BUX User Account — Detailed information about yourself.

Download and install the BUX Zero mobile app from Google Play or the App Store. Open an account and deposit funds into it. Start trading.

Disclaimer:

Your capital is at risk.  Your capital is at risk.  The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

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FAQs

Do reviews by traders influence the BUX rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about BUX you need to go to the broker's profile.

How to leave a review about BUX on the Traders Union website?

To leave a review about BUX, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about BUX on a non-Traders Union client?

Anyone can leave feedback about BUX on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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