Introduction of BUX Markets

　　General Information & Regulation

　　BUX Markets is a UK-based investment company that offered investors a range of CFD and spread trading services through offices in London and Amsterdam when it became part of the BUX Group in June 2019. BUX Markets is a trading name of BUX Financial Services Limited. BUX Financial Services Limited is a company registered in England and Wales under register number 03148972. BUX Financial Services Limited is authorised and regulated by the Financial Conduct Authority, FCA Register number 184333.

　　Market Instruments

　　BUX Markets offers investors a wide range of trading assets, mainly equities, indices, currency pairs as well as commodities, exchange-traded funds, interest rate and bond spread trading products and CFD trading products.

　　BUX Markets Minimum Deposit

　　BUX Markets offers one account for retail traders and one account for professional traders, in addition to demo accounts. The minimum depsoit to start a standard account is $100, in line with sector standard, actually.

　　BUX Markets Leverage

　　Leverage is 30:1 for major currency pairs, 20:1 for minor or currency pairs, 10:1 for odd currency pairs, 20:1 for gold, silver, and platinum futures, 5:1 for US light crude oil futures, 10:1 for Brent crude oil futures, and 5:1 for UK, German, and other European bonds.

　　Spreads & Commissions

　　The spreads offered by BUX Markets are 0.7 pips on the Eurodollar, 2.0 pips on the Gold, 1.0 pips on the FTSE 100, 1.0 pips on the Wall Street, and 1.0 pips on the German 30. Objectively speaking, the spreads of the products on the BUX Markets platform are not particularly competitive.

　　BUX Markets Trading Platforms

　　BUX Markets offers traders not the market-leading and popular MT4/MT5 trading platform, instead a trading platform called “TradeHub®”. BUX Markets claims this platform features an intuitive design, sophisticated charts and tools, fast and accurate execution, and that traders can trade anywhere, anytime from a PC, tablet, or cell phone. Generally speaking, it is not advantageous for investors for brokers to offer their in-house trading platforms, as brokers may set or add conditions in their internal software that favors them.

　　Deposit & Withdrawal

　　At the moment, it is only known that BUX Markets supports traders to deposit and withdraw funds to their accounts via wire transfer, credit/debit card payments. Credit/debit card deposits are free of charge, but a 1.75% transaction fee will be charged for cards issued outside the Eurozone. Client withdrawal requests will be processed within five business days, and BUX Markets does not support refunds via check poles.

　　Customer Support

　　BUX Markets customer support team are available to answer traders' general, technical and account related questions. The client services team are available from 8:00 to 17:00 (UK time), Monday to Friday, by phone or email. The trading desk phone lines are open for trading enquiries between 22:15 Sunday and 22:15 Friday (UK time).

　　Accepted Regions

　　BUX Markets service is not directed nor is intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. Such residents and countries include, but are not limited to, the United States.