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Global Broker Regulation & Inquiry App
Suspicious Clone
Score
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/10
BUX
Cyprus|2-5 years| Suspicious Scope of Business|High potential risk|
https://www.buxmarkets.eu/en
Website
Rating Index
Contact
+357 25060197
support@buxeurope.eu
https://www.buxmarkets.eu/en
Bux Europe Limited (For EU residents only) Lima Carna Building, Office 101 67 Franklin Roosevelt Ave Limassol 3011
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
Open Now
Contact number
English
+357 25060197
Other ways of contact
Broker Information
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Company Name
BUX Europe Limited
Abbreviation
BUX
Platform registered country and region
Cyprus
Company website
Pyramid scheme complaint
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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-28
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The CyprusCYSEC regulation (license number: 374/19) claimed by this broker is suspected to be clone. Please be aware of the risk!
WikiFX Verification
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BUX · Company Summary
| 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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