Score

1.50 /10
Danger

BUX Markets

Netherlands

5-10 years

Suspicious Regulatory License

High potential risk

A

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Comparison

Quantity 3

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.90

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

BUX Financial Services Limited

Company Abbreviation

BUX Markets

Platform registered country and region

Netherlands

Company website

X

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
BUX Markets · Company summary
Country of Registration Netherlands
regulatory status Unregulated (deck traders)
minimum deposit none
trading products Stocks, cryptocurrencies, ETFs
payment method Bank transfer, Open Banking
customer support Live Chat, Phone, Email

BUX Markets

Basic Information

BUX MarketsIt is a digital financial service provider established in 2014, providing traders with a series of products and services through its exclusive trading platform bux zero, including investment opportunities in stocks, exchange-traded funds (etfs) and cryptocurrencies.

The following is BUX Markets Screenshot of the official website:

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Supervision

As for regulation, the BUX Markets Claims that it is regulated by the British Financial Supervisory Authority (fca) and holds a full license authorized by it. However, we can see that the website of the licensed institution is www.buxmarkets.com, not the official website https://getbux.com/ of this broker. From this it can be inferred that the BUX Markets It should be a deck of transactions, which itself has not received any supervision, please be cautious when trading with this broker.

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product service

this BUX Markets Claims to provide investors with opportunities to trade stocks, etfs, and cryptocurrencies. But compared with other platforms, the trading products provided by this platform are less and not so rich.

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deposit and withdrawal

BUX MarketsSupport customers to deposit and withdraw through bank transfer, open banking (open banking) and other methods.

All transfer details are required for each individual (not just the first) account deposit. Bank transfers usually arrive within 2 days.

customer support

BUX MarketsThe official website supports multiple languages, including English, French, Dutch, German, Italian, and Spanish. If customers have any questions, they can go to the broker's "Frequently Asked Questions" section to find answers.

If further manual services are required, the company can be contacted via instant chat, phone, or email.

In addition, you can also follow the broker's dynamics on some social media platforms such as Twitter, Facebook, Ins and Youtube.

Facebook screenshot:

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Ins screenshot:

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common problem

BUX MarketsIs it regulated?

BUX MarketsIt is a licensed broker and is not subject to any regulation.

BUX MarketsWhat investment products are provided to clients?

BUX MarketsProvide customers with opportunities to invest in stocks, etfs, and cryptocurrencies.

BUX MarketsDo you support users depositing and withdrawing via cryptocurrency?

BUX MarketsDeposits and withdrawals via cryptocurrency are not supported.

News

NewsBUX Acquires Cyprus License, Hires Jean-Raphael Nahas as MD

BUX, a Dutch online broker, announced on Wednesday the completion of its acquisition of a Cyprus Investment Firm (CIF), thus gaining a regulatory green light to offer financial services from Cyprus.

WikiFX
2022-03-25 11:03
BUX Acquires Cyprus License, Hires Jean-Raphael Nahas as MD

User Reviews

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User comment

4

Comments

Write a review

Gorgies
more than one year
Nice spreads and commissions plan. Had a conversation with one customer service agent very kind and helpful. I don't put 5 stars because I requested verification of my documents in the past and it didn't happen for many months even though they were as requested.
Nice spreads and commissions plan. Had a conversation with one customer service agent very kind and helpful. I don't put 5 stars because I requested verification of my documents in the past and it didn't happen for many months even though they were as requested.
Translate to English
2024-08-26 10:16
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0
0
简→单
more than one year
The company claims to be registered in the UK and regulated by the FCA, but the so-called regulatory license is fake and has no local office. The worst part is that someone has already been scammed! I hope that more people will see this information and not become new victims.
The company claims to be registered in the UK and regulated by the FCA, but the so-called regulatory license is fake and has no local office. The worst part is that someone has already been scammed! I hope that more people will see this information and not become new victims.
Translate to English
2023-02-22 11:18
Reply
0
0
3