BUX Markets Forex Broker Review (2020) – Suspected

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BUX Markets is the parent company of the popular Bux Zero Broker. Originally founded back in 2008, they are managed by a group of companies in the United Kingdom and Germany.  which have used a vair of which some have filed for insolvency.

Officially they are owned by BUX Financial Services Limited, which is located at: 2nd Floor, Canvas, 35 Luke Street,  London, EC2A 4LH, United Kingdom. Their phone number is:  +442033262131.

BUX Markets Review

BUX Markets is a unique broker, which offers two types of trading accounts for investors; Social Trading and CFD Spread Betting. The popular choice for many people is their Social Trading, which you can act as a Follower or Top Trader. Selecting which traders you would like to follow is very simple, plus, you can filter the many choices  based on performance.

CFD / Spread Betting is available on their custom TradeHUB web-based platform. There are hundreds of underlying assets available, and the spreads are very tight. For example their spread of the EUR/USD is only 0.8 pips, and on Bitcoin the spread is $8.

Mobile trading apps for Android & iOS are available, and the website is translated into the German, Chinese, Spanish and Arabic languages. Minimum deposit for a new trading account is only $100.

BUX Markets Trading Platform
BUX Markets Trading Platform

BUX Markets License & Regulations

When comparing Forex CFD brokers, it is very important that you actually verify that the broker has an active license in your country. There are many scam brokers online who do not posses a license and we receive many complaints about them, see here.

  • BUX Financial Services Limited, is the licensed entity that operates BUX Markets, and they are licensed and regulated by the FCA, registration number 184333.
  • BUX B.V. is also listed on their contact page, and they are located at: Spuistraat 114-b, Amsterdam, 1012VA, Netherlands.

 

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