BUX Zero Review
Bux Zero, launched in 2019, caters to Europeans seeking a straightforward investment platform. During the COVID-19 pandemic, it attracted young investors with its clutter-free, mobile-only approach. It’s ideal for those preferring a minimalist app with diverse financial products.
Bux Zero, an investment service, facilitates client orders, acting as an intermediary in stock and ETF transactions. Users consent to share lending through the BUX app, enabling lower costs and commissions. However, this involves minor risks detailed in the “Client Agreement”. Collateral equal to the value of lent instruments is maintained for security.
Recommended to:
Bux Zero is ideal for young, cost-conscious European investors seeking a simple, mobile-only investment platform with a minimalist approach, comfortable with minor risks associated with share lending.
Pros
- Commission-free stock and ETF trading
- No minimum deposit required
- No inactivity fees
Cons
- No demo account
- Small range of fanancial products
- Limited research tools
Review’s Keypoints
Country of regulation
Netherlands, France, Germany, Belgium, Austria
Minimum deposit
$0
Time to open an account
3 days
Trading fees class
Average
Deposit with bank card
Yes
Number of base currencies supported
26
Products offered
Stock
ETFs
Forex
Fund
Bond
Options
Depositing with electronic wallet
Not available
Demo account provided
Not available
Fees
BUX Zero offers commission-free Zero Orders and €1 limit orders for EU stocks and ETFs. US stocks are traded without commissions. The app aggregates daily orders for late afternoon execution, with safeguards for significant price shifts. Earnings come from a 0.25% FX markup on US stocks and a spread cost in security prices.
Pros
- No commission fees for zero orders
Cons
- Costs for bonds, options and futures are pricey
- Inactivity costs
BUX Costs
Account
BUX Zero is exclusively a mobile app for all investment activities, from account opening to trading. Sign-up is quick, taking about 10-15 minutes, but account verification can take up to three business days.
Single Trading Account
Single Trading Account
Joint Account
Joint Account
Corporate Account
Corporate Account
Click on the card to see details
-
01Start online application
-
02Wait for approval
-
03Fund your account
![](https://brokersanalyst.com/wp-content/uploads/2023/12/Frame-1000004617.png)
Transfers
BUX Zero is available in select European countries, offering bank transfer for account funding with special options for Dutch and German residents. The platform ensures a low-cost experience with no fees for withdrawals, allowing seamless fund management for its European clients
Pros
- Deposit with no charge
- Withdrawals with no charge
- No minimum deposit
Cons
- Currency Conversion Fees
Trading Platforms
Mobile Trading Platform
BUX Zero is a mobile-based broker and all trading is done through its mobile trading platform. The BUX Zero application is compatible with iOS and Android (APK) devices for free. Client reviews are generally positive and highlight the easy-to-navigate interface and sleek design.
Web Trading Platform
Desktop Trading Platform
Offering
Tools
BUX Zero's platform is designed with simplicity in mind, which extends to its research tools. While it offers basic functionalities like a dividend calendar and a customizable news feed, it lacks more complex analysis tools that might be sought after by experienced investors
Trading Ideas
You can swap trading ideas and discover what drives the company's community on all Bux platforms where traders of all levels and countries meet and connect
News Feed
Educational videos and news articles are available where you will learn from leading experts in the industry to help you get started with investing
Other Research Tools
A community forum is available to all users and ambassadors to discuss investing, trading, product improvements, and company developments. The forum can be a resourceful tool to learn and become better at trading or investing
Regulation
BUX Zero, regulated by the Dutch Authority for Financial Markets (AFM), offers a secure trading environment. Client funds are protected under two schemes: the Deposit Guarantee Scheme (DGS) ensures up to €100,000 in case of ABN AMRO Clearing Bank N.V.’s bankruptcy, and the Investor Compensation Scheme (ICS) covers up to €20,000 of your investments if BUX B.V. faces insolvency.
For added security, cash and assets are held separately. Your account balance is with ABN Clearing Bank, while a Dutch foundation called BUX Custody safeguards your financial instruments. This arrangement underscores BUX Zero’s commitment to client asset safety
![](https://brokersanalyst.com/wp-content/uploads/2022/11/regulated-by-AFM.png)
Bottom Line
![](https://brokersanalyst.com/wp-content/uploads/2022/11/Bux-1-bottom-line-rectangular-1.png)
BUX Zero is a mobile-only, commission-free stock, ETF, and crypto trading app that caters primarily to less-experienced traders. The platform is known for its simplicity and ease of use, but this simplicity means it lacks advanced analysis tools and features.
BUX Zero is available to clients in Austria, Belgium, France, Germany, Ireland, Italy, the Netherlands, and Spain, which limits its client base to these European countries