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Do you want to know which is the better broker between FXTF and BUX Markets ?
In the table below, you can compare the features of FXTF , BUX Markets side by side to determine the best fit for your needs.
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You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of fxtf, bux-markets lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Aspect | Information |
Registered Country | Japan |
Founded Year | 15-20 years ago |
Company Name | Goldenway Japan Co., Ltd. |
Regulation | Regulated in Japan by the Financial Services Agency |
Minimum Deposit | Not specified |
Maximum Leverage | Up to 25x for most major currency pairs; 12.5x for specific pairs (TRY/JPY, ZAR/JPY, MXN/JPY) |
Spreads | Spreads on various currency pairs |
Trading Platforms | MT4 trading system and GX trading system |
Tradable Assets | FX (30 currency pairs) and Commodity CFDs |
Account Types | Not specified |
Demo Account | Not specified |
Islamic Account | Not specified |
Customer Support | Phone, email, LINE messaging platform |
Payment Methods | Bank Transfer |
Educational Tools | FXTF Future Chart, Technical Analysis Commentary, Margin Calculator, FXTF E-mail Magazine |
FXTF, also known as Goldenway Japan Co., Ltd., is a regulated financial entity based in Japan. With a history of 15-20 years, it operates under the supervision of the Financial Services Agency of Japan. FXTF offers trading services in the forex market, providing margin trading on 30 currency pairs and commodity CFDs. The company has a spread on various currency pairs, allowing traders to execute trades with relatively tight differences between buying and selling prices.
FXTF provides two trading platforms: the MT4 trading system and the GX trading system. The MT4 system offers PC and mobile versions for download. On the other hand, the GX trading system is designed for beginners and features a user-friendly interface.
Customer support is available through phone, email, and the LINE messaging platform. Deposits and withdrawals can be made through bank transfers, and FXTF offers quick deposit services with no additional costs. The company also provides various trading tools such as the Future Chart, Technical Analysis Commentary, Margin Calculator, and an email magazine to enhance the trading experience.
FXTF (ゴールデンウェイ・ジャパン株式会社) offers a range of features and services for traders interested in margin trading. As a regulated entity in Japan, FXTF is overseen by the Financial Services Agency. With low spreads on various currency pairs and leverage options of up to 25x, FXTF aims to attract traders looking for potential profit opportunities. The availability of both the MT4 and GX trading platforms caters to different preferences and trading styles. However, it is important to consider some limitations, such as the lack of detailed information regarding account types and demo accounts, as well as the limited payment methods restricted to bank transfers. Customer support options are also limited, and the absence of live chat or a dedicated FAQ section might be a drawback for some traders. Despite these drawbacks, FXTF's regulatory compliance and range of tradable assets make it a platform worth considering for individuals interested in margin trading.
Pros | Cons |
Registered in Japan and regulated by the Financial Services Agency | No specified information about minimum deposit requirements, account types, demo accounts, or Islamic accounts |
Offers leverage options for trading, up to 25 times for most major currency pairs | Limited information provided about educational tools and resources |
Accepts bank transfers as a payment method | No information on the company's website regarding expiry date or nature of the “No Sharing” license type |
Provides two trading platforms: MT4 and GX trading systems | Limited options for payment methods other than bank transfer |
Offers a range of trading tools | Limited customer support options, no live chat or dedicated FAQ section |
Provides customer support through phone, email, and LINE messaging platform |
FXTF (ゴールデンウェイ・ジャパン株式会社) is a regulated entity in Japan. It holds a Retail Forex License, which is regulated by the Financial Services Agency of Japan. The license number is 関東財務局長(金商)第258号. FXTF obtained its license on September 30, 2007. The licensed institution is located at 2-11-15 Mita, Minato-ku, Tokyo. Their phone number is 0345776777. The company is certified by the regulatory agency, and the certified documents can be found in Annex1 and Annex2. Unfortunately, no information is provided regarding the website, email address, expiry date, or the nature of the “No Sharing” license type.
FXTF is a financial platform that provides investors with a range of market instruments to engage in margin trading.
FX: FXTF offers margin trading services on 30 currency pairs, known as FX. This instrument allows investors to participate in the foreign exchange market. FX focuses on investing in foreign currencies, providing real-time rates for trading activities. FXTF provides real-time rates for currency pairs such as USD/JPY, EUR/JPY, GBP/JPY, and AUD/JPY.
Commodity CFD: In addition to currency pairs, FXTF provides Commodity CFDs, including XAU/USD (Gold/USD) and XAG/USD (Silver/USD). These instruments allow investors to trade in the price movements of gold and silver against the U.S. dollar. The prices for these commodities are quoted in the respective currency pairs, and the spread indicates the difference between the buying and selling prices.
Pros | Cons |
Wide range of currency pairs for FX trading | Limited payment methods |
Availability of commodity CFDs for trading | Lack of detailed information on account types |
Ability to profit from both rising and falling prices | Limited customer support options |
Real-time rates provided for trading activities | No live chat or dedicated FAQ section |
Access to trade gold and silver against USD | Lack of demo accounts |
STEP 1: Application for opening an account
Click on the “口座開設” (Account Opening) button.
Confirm and agree to the contents of the delivery documents.
Enter your customer information, such as name and date of birth.
After completing the application, check your email for an application reception email.
STEP 2: Submission of confirmation documents
Depending on the identity verification method, there are two patterns:
Take a selfie and a confirmation document from your smartphone.
Speed opening with a smartphone:
After confirming your identity, the account opening examination will be conducted, and upon passing the examination, the account opening will be completed.
Choose one of the three submission methods: “upload,” “email,” or “mail.”
Upload your scanned or photographed identity verification documents and My Number verification documents.
Normal opening:
Alternatively, attach the documents to an email and send them to the specified email address.
If mailing, prepare copies of the verification documents and send them to the designated address.
STEP 3: Account opening review
Your application will undergo an examination.
The results of the screening will be sent to the main email address registered on the day of application.
STEP 4: Account opening completed
Await the examination results.
Once the account opening is approved, the process is completed.
FXTF offers leverage options for trading. For most major currency pairs, traders can apply leverage of up to 25 times their initial investment. However, for specific currency pairs like TRY/JPY, ZAR/JPY, and MXN/JPY, the leverage available is limited to 12.5 times the initial investment.
FXTF provides spreads on various currency pairs. The spreads offered are as follows: 0.1 pips on USDJPY, 0.3 pips on EUR/JPY, 0.2 pips on EURUSD, 0.6 pips on GBPJPY, 1.0 pips on NZDJPY, and 0.7 pips on GBPUSD. These spreads allow traders to execute their trades with relatively tight differences between buying and selling prices.
For quick deposits, customers can choose between two procedures: using their personal page or visiting a bank window or ATM. The company covers the commission fees for this type of deposit, so customers do not bear any additional costs. Deposits are reflected immediately in the trading account, with some exceptions. The minimum deposit amount for this type of deposit starts from 1,000 yen.
FXTF provides 24-hour quick deposit services, allowing customers to deposit funds into their trading accounts at any time. Additionally, they offer a “Same-day Withdrawal Service” for expedited withdrawal requests. If a withdrawal request is made before 9:00 a.m. on weekdays, the funds will be transferred to the customer's account on the same day. However, the availability of same-day withdrawals is subject to certain conditions, such as the withdrawal amount.
FXTF offers an online deposit service called “Quick Deposit” for customers who have an Internet banking contract with their affiliated banks. This service supports deposits from banks such as MIZUHO, PayPay, MUFG, and Rakuten and etc. Deposits made through this service are reflected immediately in the trading account, and the transfer fee is free. The minimum deposit amount for this service starts from 1,000 yen, and deposits can be made in units as small as 1 yen.
The minimum withdrawal amount at FXTF is set at 1,000 yen. However, it is important to note that withdrawals of less than 1,000 yen are only possible at the time of cancellation, and such transactions are processed by the company itself.
Pros | Cons |
Quick deposit options | Limited information on withdrawal fees and processing times |
Same-day withdrawal service available | Minimum withdrawal amount of 1,000 yen |
Free transfer fees for deposits | Withdrawals less than 1,000 yen only possible at the time of cancellation |
FXTF offers two trading platforms: the MT4 trading system and the GX trading system.
MT4 trading system
The MT4 trading system, also known as Metaquotes version, provides multiple options for traders. The PC installation version allows users to download the platform and access a comprehensive manual for operating it. Additionally, there is a PC browser version available, which also has a separate manual for login and operation. Traders who prefer mobile trading can download the MT4 App for iOS, Android, or iPad devices, with operation manuals provided for each platform.
GX trading system
On the other hand, the GX trading system is a comprehensive platform specifically designed for trading FX and commodity CFDs. It is recommended for beginners due to its easy-to-understand interface and simple operation. The PC web browser version of the GX trading system features a sleek design and incorporates TradingView, a widely recognized charting and analysis tool. Traders can access live trading and refer to the FX and Commodity CFD operation manuals for guidance. The smartphone version of the GX trading system is also available for both iOS and Android devices, for traders who want to trade anytime, anywhere.
Pros | Cons |
Accessible through various devices | Lack of detailed information on account types |
MT4 platform available for PC, mobile | Limited payment methods restricted to bank transfers |
GX trading system suitable for beginners | Limited customer support options |
GX platform incorporates TradingView | No live chat or dedicated FAQ section |
FXTF offers a range of trading tools to enhance the trading experience for its users.
1. FXTF Future Chart is a trading tool provided by FXTF that allows users to predict future price movements based on past price data. It includes a trading signal feature that displays buy and sell points on the chart, making it user-friendly even for those without extensive chart analysis knowledge. The Future Chart can be accessed through the member-only page “My Page” or the “GX Web Browser Version” after logging in. It's important to note that the rates displayed on the Future Chart may differ from those on the trading system due to different rate distributors.
2. Technical Analysis Commentary is another trading tool offered by FXTF. It provides an explanation of technical analysis, which involves predicting future price movements by analyzing past market trends. The commentary is presented in an easy-to-understand manner, making it suitable for individuals interested in studying charts and enhancing their technical analysis skills. The tool covers various aspects of technical analysis, including trends and their classifications.
3. Margin Calculator is a tool provided by FXTF that helps traders calculate the margin required for their trades. Margin refers to the collateral required to open and maintain positions in the forex market. The Margin Calculator assists traders in determining the amount of margin needed based on the trade size, leverage, and currency pair being traded. This tool helps traders manage their risk and make informed decisions when executing trades.
4. FXTF E-mail Magazine is an informational service provided by FXTF. It is a newsletter that targets customers who have an account with Mr. Tomorani Saito, the Representative Director of Win-invest Japan Co., Ltd., a well-established FX school. The e-mail magazine provides strategies directly linked to trading and market direction predictions. The newsletter is authored by Masaru Sugita, the Chairman of Win-invest Japan Co., Ltd., and Tomorani Saito, the Representative Director of the FX school. It offers valuable insights and analysis for subscribers interested in staying updated with market trends and trading strategies.
Pros | Cons |
FXTF Future Chart helps predict price movements based on past data. | Rates on Future Chart may differ from those on the trading system. |
Technical Analysis Commentary enhances understanding of technical analysis. | Limited information on the depth and scope of the commentary. |
Margin Calculator assists in managing risk and making informed decisions. | Possible limitations or complexity in the calculation process. |
FXTF E-mail Magazine provides valuable insights and analysis. | Limited information on the frequency and reliability of the newsletter. |
FXTF has defined trading hours for both winter and summer seasons. During winter, the trading hours are from Monday 7:05 am to Saturday 6:50 am. However, there is a scheduled maintenance period from Tuesday to Friday, lasting from 6:55 am to 7:05 am, which lasts for 10 minutes. In the summer season, the trading hours start at Monday 7:05 am and end on Saturday 5:50 am. Similarly, there is a maintenance period from Tuesday to Friday, lasting from 5:55 am to 6:05 am, which also lasts for 10 minutes. These trading hours provide a structured timeframe for traders to engage in financial activities with FXTF.
Reception Time: FXTF offers customer support throughout the week, with 24-hour availability during specific hours. During winter time, you can reach them from Monday 8:00 am to Saturday 7:00 am. In summer time, their support hours are Monday 8:00 am to Saturday 6:00 am. However, support is not available on weekends and during year-end and New Year holidays.
Inquiries by Phone: FXTF provides assistance regarding account opening and trading services via phone. You can contact them at 0120-445-435. The phone menu offers different options for specific inquiries. Option 1 is for inquiries about “Forex/Commodity CFD Trading,” option 2 is for inquiries about “account opening” and “deposits and withdrawals,” and option 3 is for “other inquiries.”
Inquiries by Email: For urgent matters, it is recommended to contact FXTF by phone. However, you can also send inquiries via email to support@fxtrade.co.jp. When reaching out via email, it is important to include your name and login ID, especially for customers with DEMO or LIVE accounts.
Inquiries via LINE: FXTF also offers customer support through the messaging platform LINE. However, for urgent matters, contacting them by phone is advised. To add FXTF as a friend on LINE, you can use the LINE ID @GWFX. Please avoid sharing personal information or account details in the chat support.
FXTF is a regulated financial platform based in Japan, offering trading services in the form of margin trading for currency pairs and commodity CFDs. It has been operating for approximately 15-20 years and is regulated by the Financial Services Agency in Japan. FXTF provides spreads on various currency pairs and offers leverage options of up to 25 times the initial investment for most major currency pairs, with a slightly lower leverage of 12.5 times for specific pairs. The platform supports two trading systems: MT4 and GX, catering to different trader preferences. FXTF also provides trading tools such as the FXTF Future Chart, Technical Analysis Commentary, Margin Calculator, and an informative email magazine. Customer support is available via phone, email, and the LINE messaging platform during specified hours. FXTF offers deposit and withdrawal services, with various methods available for customers to manage their funds. Overall, FXTF provides a regulated trading environment with offerings for traders interested in margin trading of currency pairs and commodity CFDs.
Q: What is the leverage offered by FXTF?
A: FXTF offers leverage of up to 25 times for most major currency pairs and 12.5 times for specific pairs like TRY/JPY, ZAR/JPY, and MXN/JPY.
Q: What are the trading platforms provided by FXTF?
A: FXTF offers the MT4 trading system and the GX trading system as trading platforms.
Q: What market instruments can I trade with FXTF?
A: FXTF provides trading services for FX (30 currency pairs) and Commodity CFDs.
Q: How can I open an account with FXTF?
A: To open an account with FXTF, you need to complete an application, submit confirmation documents, undergo an account opening review, and await the approval.
Q: What are the deposit and withdrawal options with FXTF?
A: FXTF offers various deposit options, including quick deposits through personal pages or bank windows/ATMs. Withdrawals can be made with a same-day withdrawal service, subject to certain conditions.
Q: What are the customer support options provided by FXTF?
A: FXTF offers customer support through phone, email, and the LINE messaging platform.
Q: What are the trading tools offered by FXTF?
A: FXTF provides trading tools such as FXTF Future Chart, Technical Analysis Commentary, Margin Calculator, and FXTF E-mail Magazine.
Q: What are the trading hours of FXTF?
A: FXTF has defined trading hours during both winter and summer seasons, with scheduled maintenance periods.
Q: Is FXTF regulated?
A: Yes, FXTF is a regulated entity in Japan, holding a Retail Forex License regulated by the Financial Services Agency.
Q: How long has FXTF been in operation?
A: FXTF has been operating for 15-20 years.
Basic | Information |
Registered Country/Region | United Kingdom |
Regulation | FCA |
Founding Time | 2014 |
Minimum Deposit | $100 |
Maximum Leverage | 1:30 |
Minimum Spreads | Variable |
Trading Platform | MT4 & MT5 |
Trading Assets | Forex, Indices, Stocks, ETFs, Commodities, Crypto, Bonds |
Payment Methods | Bank Transfer, Credit/Debit Card |
Customer Support | 5 /24 Live Chat, Phone, Emails |
BUX Markets, operated by BUX Financial Services Limited, is a regulated financial institution registered in the United Kingdom. It is authorized and regulated by the Financial Conduct Authority (FCA) with license number 184333. The company has been regulated since December 2001, and its adherence to financial regulations is overseen by the FCA to ensure market integrity and investor protection. However, it is important to note that BUX Markets does not currently have a trading software available.
BUX Markets offers a diverse range of tradable assets, including indices, currencies, shares, ETFs, commodities, interest rates & bonds, and cryptocurrencies. They provide two types of accounts: retail and professional, with a minimum deposit requirement of $100. The broker offers a demo account for practice trading and various educational resources such as webinars, guides, and videos to support traders' learning.
The proprietary trading platform provided by BUX Markets is called “TradeHub®,” offering advanced indicators, charts, and one-click trading. The platform supports trading across multiple markets and is accessible on PCs, tablets, and mobile devices. Customer support is available through phone and email during business hours, and there is a trading desk for trade-related inquiries.
BUX Markets, operated by BUX Financial Services Limited, is a regulated trading platform based in the United Kingdom. It offers a range of tradable assets, including indices, currencies, shares, ETFs, commodities, interest rates & bonds, and cryptocurrencies. The company provides two types of accounts, retail and professional, with a minimum deposit requirement of $100. BUX Markets has a proprietary trading platform called “TradeHub®” and offers educational resources such as webinars, guides, and videos. Customer support is available via phone and email during business hours, and a trading desk is available for trade-related inquiries. While BUX Markets is regulated and offers a diverse range of trading options, it's worth noting that its spreads are not considered particularly competitive compared to other market participants.
Pros | Cons |
Regulated by the Financial Conduct Authority (FCA) | Spreads not considered competitive |
Offers a variety of tradable assets | No trading software currently available |
Two account types: retail and professional | Limited customer support availability outside of business hours |
Minimum deposit requirement of $100 | Limited information about Islamic accounts |
Provides demo accounts for practice trading | Lack of specified leverage for certain instruments |
Offers a proprietary trading platform, TradeHub® | Inactivity fees apply after 180 days of inactivity |
Educational resources available | Limited information about trading tools and features |
Customer support via phone and email | Funding charges for overnight financing |
Payment methods include credit/debit cards and bank wire | Withdrawal process may take up to 5 working days |
BUX Markets, operating under the licensed institution BUX Financial Services Limited, is regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The company holds a Market Making (MM) license with license number 184333. The regulatory oversight provided by the FCA ensures that BUX Markets adheres to financial regulations and standards.
BUX Markets offers a variety of market instruments for trading.
Indices: BUX Markets provides trading opportunities for various indices, including the UK 100 Future, Wall Street Future, US 500 Future, US Tech 100 Future, Germany 30 Future, France 40 Future, and other European and Asian indices.
Currencies: Traders can access the foreign exchange market through BUX Markets. They offer currency pairs such as AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, and other combinations.
Shares: BUX Markets allows trading of shares from different countries. They offer shares in various market segments like the UK Blue Chip, UK Mid Cap, US Large Cap, France Large Cap, Germany Large Cap, and many more.
ETFs: BUX Markets provides access to exchange-traded funds (ETFs) that track underlying indices or commodities. Some of the available ETFs include Powershares QQQ Nasdaq, SPDR DJIA Trust, SPDR Gold Trust, SPDR S&P 500 ETF Trust, Vanguard MSCI Emerging Markets, iShares FTSE 100, and iShares Silver Trust.
Commodities: Traders can participate in commodity markets through BUX Markets. They offer futures contracts for metals like gold, silver, and platinum, as well as energy commodities like US Light Crude Oil and Brent Crude Oil. Additionally, there are futures contracts for soft commodities like Feed Wheat.
Interest Rates & Bonds: BUX Markets provides trading opportunities in interest rates and bonds. Traders can access products like 3-Month Short Sterling Future and Long Gilt Future in the United Kingdom, and Bund Future, Bobl Future, and Schatz Future in Germany.
Cryptocurrencies: BUX Markets also claims to offer trading options in cryptocurrencies.
BUX Markets offers two types of accounts: one for retail traders and one for professional traders. The minimum deposit required to start trading is $100, which is in line with the standard in the industry. Additionally, BUX Markets provides demo trading accounts that allow users to practice trading online using virtual funds. These demo accounts serve as a way for traders to familiarize themselves with the trading platform and the services offered by the broker, while also allowing them to test their trading strategies in a risk-free environment.
In addition to the retail account, BUX Markets offers a premium service targeted towards traders who may qualify as Professional Clients. Professional Clients are exempt from certain product intervention measures introduced by ESMA. To be classified as a Professional Client, traders need to meet at least two out of the following three criteria: having executed significant leverage trades at an average frequency of 10 per quarter over the last 4 quarters, possessing a financial instrument portfolio (including cash deposits) exceeding €500,000, or having at least one year of professional experience in a financial sector position that requires knowledge of leveraged products.
To open an account with BUX Markets, follow these steps:
1. Visit the BUX Markets website and locate the “Start trading now” button.
2. Click on the “Start trading now” button to initiate the account opening process.
3. Fill in the required personal information, including your personal details such as name, date of birth, and nationality.
4. Provide your contact details, such as your email address and phone number, which will be used for communication purposes.
5. Enter your postal address to ensure accurate correspondence.
6. Proceed to provide the necessary financial information as requested by BUX Markets.
7. Share your trading experience details to give the broker an understanding of your level of expertise.
8. Finally, provide the required account details to set up your trading account with BUX Markets.
BUX Markets offers leverage for different instruments based on specific ratios. For major currency pairs, the leverage provided is set at 30:1. When it comes to minor or currency pairs, the leverage ratio is 20:1. Odd currency pairs have a leverage ratio of 10:1. For gold, silver, and platinum futures, the leverage is set at 20:1. US light crude oil futures have a leverage ratio of 5:1, while Brent crude oil futures have a leverage ratio of 10:1. Lastly, UK, German, and other European bonds have a leverage ratio of 5:1. These leverage ratios determine the amount of exposure and risk that traders can take in their positions.
Nabtrade offers competitive spreads across various global markets, enhancing trading efficiency for investors. Key examples include:
EUR/USD: Features a tight spread of 1.2 pips with a bid of 1.08796 and an ask of 1.08808.
Gold: Trades with a spread of 2.0 points between the bid at 2,354.4 and the ask at 2,356.4.
Germany 30 Rolling (24): Offers a minimal spread of 1.0 point, with a bid of 18,333.5 and an ask of 18,334.5.
These spreads reflect nabtrade's commitment to providing cost-effective trading options in forex, commodities, and indices.
Overall fees at BUX Markets are focused on keeping costs low to enhance performance. This includes minimizing spreads, rollover costs, and financing costs. Access to personalized customer service in London is provided free of charge, and there are no account charges.
Funding charges apply for overnight financing, typically at a rate of 0.0098% + ARR (0.0096% + ARR for GBP denominated assets). Long positions attract financing charges, while short positions may receive financial interest credited to the account. Cryptocurrencies may have significantly different financing charges, so it is advisable to review the specific details.
When futures are the reference market, BUX Markets charges only half of the bid offer for rollovers from one contract to the next. This means that the new position is only 50% of the standard spread for that market, reducing the cost for traders.
Inactivity fees are applicable if a trading account remains inactive for 180 days. After this period, an Inactivity Fee will be charged, and if the account continues to be inactive, the fee will recur in increments of £10 in subsequent periods of 30 calendar days. It's important to refer to the company's Terms and Conditions for more information, particularly regarding accounts held in currencies other than GBP.
BUX Markets allows users to fund their trading account using both debit and credit cards. Deposits made through these payment methods are processed immediately. It is important to note that the name on the card must match the name on the trading account. Deposits made with credit/debit cards are generally free of charge, except for cards issued outside of the European Economic Area (EEA), which may incur a 1.75% transaction fee. However, BUX Markets only accepts card payments that are 3-D secure, which adds an extra layer of protection against online fraud. Additionally, it is worth mentioning that BUX Markets does not accept third-party payments to maintain compliance with its internal policies.
BUX Markets also accepts deposits through bank wire transfer in various currencies such as EUR, GBP, USD, SEK, DKK, SGD, and CHF. To initiate a bank transfer, the account holder's name should match the name on the BUX Markets account. It is advisable to include the account holder's name and trading account number as a reference to ensure smooth allocation of funds. For the first deposit in GBP via bank transfer, BUX Markets may require a copy of a bank statement or transaction receipt. Cash deposits are not accepted due to money laundering regulations. Similar to credit/debit card deposits, third-party payments are not allowed, and users should ensure they fund their account with their own funds. Bank transfers may take up to 5 working days to appear in the trading account.
The process of withdrawing funds from a BUX Markets account is straightforward. If a withdrawal is requested using a credit or debit card, the funds are debited from the trading account upon receipt of the request. BUX Markets returns funds only to their original source. Withdrawal requests made after 12:30 (GMT) are processed on the following working day. The withdrawal process generally takes up to 5 working days to complete. While it is possible to withdraw funds via bank wire transfer, debit/credit cards are the preferred method, and cheque refunds are not available.
BUX Markets accepts various payment methods, including VISA, Maestro, Mastercard, bank wire transfer, and Klarna. There is a minimum deposit requirement of 100 GBP/EUR/USD for credit card deposits, while there is no minimum deposit requirement for bank wire transfers.
BUX Markets offers traders a proprietary trading platform called “TradeHub®,” which differentiates itself from the popular MT4/MT5 platforms.
TradeHub® provides advanced indicators and charts for market analysis and allows for one-click trading directly from the charts. The platform's lifecycle costs are presented neutrally, including spreads, funding, and rollover costs.
Traders can opt for variable margin levels, ranging from low to 100%, to manage risk. Notional value trades allow users to input specific amounts for trades, providing options to adjust positions based on individual needs, strategies, or investment goals.
TradeHub® supports trading across multiple markets and is accessible on PCs, tablets, and mobile devices through the iOS and Android app. The platform offers a 24-hour dealing desk and emphasizes fast and accurate execution. Telephone trading is available without charge. Personal client service is based in London to provide support and assistance to traders.
The trading tools offered by BUX Markets encompass various features to support traders in their activities. One of these tools is the TradeHub® charting package, which allows users to trade directly from the charts. The charts in TradeHub® provide persistent indicators that apply to the new instrument when it is changed, maintaining consistency. Traders have the option to customize technical indicators' parameters according to their preferences and strategies.
The TradeHub® charting package also includes pattern recognition capabilities, enabling users to identify market patterns and trends. The charts support bid, offer, and mid-prices for different timeframes and instruments. Users can choose from a variety of chart types and studies to analyze market data.
The charting package is compatible with mobile devices, allowing traders to access and monitor their trades. Simple filters are available to facilitate quick and accurate searches. The charts are browser-based, eliminating the need for additional software downloads.
BUX Markets provides educational resources to help clients enhance their performance in CFD Trading and Spread Betting. These resources include webinars, guides, and videos, which are available to clients at no cost. These materials can simplify the learning process and provide insights into BUX Markets' products.
Additionally, customers have access to expert client services teams based in London. These teams can offer further assistance and support to clients.
The educational resources cover topics such as Spread Betting and CFDs, and include frequently asked questions (FAQs), a glossary of relevant terms, and useful dates related to trading activities. These resources are designed to provide clients with information and knowledge to make informed decisions in their trading endeavors.
BUX Markets provides customer support services during regular business hours from Monday to Friday, between 8:00 and 17:00 UK time. Clients can reach out to the service team through phone or email for assistance with their inquiries. The company aims to respond to customer queries as promptly as possible.
For trade-related inquiries, BUX Markets offers support through their trading desk. The trading desk's phone lines are open from 22:15 on Sunday until 22:15 on Friday, UK time. Clients can direct their trading-related questions to the trading desk via phone or email.
BUX Markets is headquartered in London, specifically at the following address: BUX Financial Services Limited, 3rd Floor, Canvas, 35 Luke Street, London, EC2A 4LH, United Kingdom. Clients can contact the company's London office through the provided phone number or email address for any support needs.
In conclusion, BUX Markets is a registered company, BUX Financial Services Limited, operating in the United Kingdom and regulated by the Financial Conduct Authority (FCA). With over 20 years of experience, BUX Markets offers a variety of tradable assets, including indices, currencies, shares, ETFs, commodities, interest rates & bonds, and cryptocurrencies. They provide a proprietary trading platform called “TradeHub®,” which offers advanced charting and one-click trading capabilities. BUX Markets offers two types of accounts, retail and professional, with a minimum deposit requirement of $100. They also provide a demo account for practice trading and offer customer support through phone and email during business hours. However, it should be noted that BUX Markets does not have a trading software available, and their spreads are not considered particularly competitive compared to other market participants.
Webinars, trading manuals, a dictionary of words, frequently asked questions, and instructional videos are all available. It's awesome that you can get them at no cost from the site. This is great since it makes learning about internet trading accessible to complete novices. To put it another way, they want you to make well-informed trading decisions, and this is evidence of that. The benefits of the broker's products and how they can help you can be researched as well. CM Trading has an extensive library of learning resources available if you feel you need some additional guidance.
Is BUX Markets a legitimate company?
Yes, BUX Markets is a legitimate company registered in the United Kingdom and regulated by the Financial Conduct Authority (FCA).
What trading platforms does BUX Markets offer?
BUX Markets offers a proprietary trading platform called “TradeHub®”
What are the available account types at BUX Markets?
BUX Markets offers retail and professional accounts to cater to different types of traders.
What markets and instruments can I trade with BUX Markets?
BUX Markets offers a wide range of tradable assets, including indices, currencies, shares, ETFs, commodities, interest rates & bonds, and cryptocurrencies.
What is the minimum deposit required to open an account with BUX Markets?
The minimum deposit requirement is $100.
What is the maximum leverage offered by BUX Markets?
The maximum leverage is set at 1:30 for most instruments.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive fxtf and bux-markets are, we first considered common fees for standard accounts. On fxtf, the average spread for the EUR/USD currency pair is -- pips, while on bux-markets the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
fxtf is regulated by FSA. bux-markets is regulated by FCA.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
fxtf provides trading platform including -- and trading variety including --. bux-markets provides trading platform including -- and trading variety including --.