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WikiFX | 2024-11-04 13:55

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
Found1996
Registered Country/RegionCyprus
RegulationSuspicious Clone
Market InstrumentsCFDs on shares, indices, currencies & commodities
Demo Account✔
SpreadRanging from 0.00001 to 100
Trading PlatformMobile phone
Customer SupportPhone: +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.

BUX Information

Pros and Cons

ProsCons
Multiple Market InstrumentsLack 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 CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
CyprusCYSECCoinbase Financial Services Europe LtdMarket Making(MM)374/19Suspicious Clone
Is BUX Legit?

What Can I Trade on BUX?

BUX offers traders the opportunity to trade CFDs on shares, indices, currencies and commodities.

Tradable InstrumentsSupported
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 PlatformSupportedAvailable Devices
A mobile app✔Mobile
MT5❌
MT4❌

Deposit and Withdrawal

Deposits

Payment MethodTypeFeeProcess Time
Visa & Master CardCredit/debit cardFreeInstant
SOFORTBanking solutionFreeInstant
iDEALBanking solutionFreeInstant
Bank WireSEPA/International bank wireFree3-5 days

Card deposits are free, but cards issued outside of the EEA are charged a transaction fee of 1.75%.

Withdrawals

Payment MethodTypeFeeProcess Time
Visa & Master CardCredit/debit cardFree1-3 working days
Bank WireSEPA/International bank wireVaries3-5 working days

Related broker

Unverified
BUX
Company name:BUX Europe Limited
Score
1.42
Website:https://www.buxmarkets.eu/en
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.42

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