BUX
Abstract：BUX, founded in 1996, is an old brokerage registered in Cyprus. The trading instruments it provides cover CFDs on shares, Indices, Currencies and Commodities. It has a CYSEC license, but its current status is suspicious clone.
| BUXReview Summary | |
| Found | 1996 |
| Registered Country/Region | Cyprus |
| Regulation | Suspicious Clone |
| Market Instruments | CFDs on shares, indices, currencies & commodities |
| Demo Account | ✔ |
| Spread | Ranging from 0.00001 to 100 |
| Trading Platform | Mobile phone |
| Customer Support | Phone: +357 25060197 |
| Email: support@buxeurope.eu | |
| Address:BUX B.V. (Group Headquarters) Spuistraat 114-b, Amsterdam, 1012VA, NetherlandsBux Europe Limited (For EU residents only), Lima Carna Building, Office 101, 67 Franklin Roosevelt Ave, Limassol 3011BUX Financial Services Limited (For non-EU residents only), 2nd Floor, Canvas, 35 Luke Street, London, EC2A 4LH, United Kingdom | |
BUX Information
BUX, founded in 1996, is an old brokerage registered in Cyprus. The trading instruments it provides cover CFDs on shares, Indices, Currencies and Commodities. It has a CYSEC license, but its current status is suspicious clone.
Pros and Cons
| Pros | Cons |
| Multiple Market Instruments | Lack for MT4 Platform |
| Suspicious clone |
Is BUX Legit?
It is clear that BUX, which was registered in 1991 and has a CYSEC license. But its current status is suspicious clone.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| Cyprus | CYSEC | Coinbase Financial Services Europe Ltd | Market Making(MM) | 374/19 | Suspicious Clone |
What Can I Trade on BUX?
BUX offers traders the opportunity to trade CFDs on shares, indices, currencies and commodities.
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Futures | ❌ |
| Options | ❌ |
Trading Platform
BUX's trading platform is a mobile app, which supports traders on iOS and Android.
| Trading Platform | Supported | Available Devices |
| A mobile app | ✔ | Mobile |
| MT5 | ❌ | |
| MT4 | ❌ |
Deposit and Withdrawal
Deposits
| Payment Method | Type | Fee | Process Time |
| Visa & Master Card | Credit/debit card | Free | Instant |
| SOFORT | Banking solution | Free | Instant |
| iDEAL | Banking solution | Free | Instant |
| Bank Wire | SEPA/International bank wire | Free | 3-5 days |
Card deposits are free, but cards issued outside of the EEA are charged a transaction fee of 1.75%.
Withdrawals
| Payment Method | Type | Fee | Process Time |
| Visa & Master Card | Credit/debit card | Free | 1-3 working days |
| Bank Wire | SEPA/International bank wire | Varies | 3-5 working days |
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