The launch of the app signals the beginning of the company’s European rollout.
BUX, a retail brokerage based in the Netherlands, officially launched its BUX Zero trading app to waitlisted users in the Netherlands on Wednesday. By launching the trading app, the broker has signaled the beginning of its European rollout.
The BUX Zero app is tailored for both experienced investors, as well as beginners. The trading app is powered by its own back-end broker, and will soon be available to users across Europe, as the company doesn’t need to secure third-party back-end brokerage partners in multiple countries.
Commenting on yesterday’s launch, Nick Bortot, BUX Founder and CEO said: “Today, we are proud to invite our Dutch users to be the first to experience BUX Zero. Since 2014, we have made it our mission to make the world of finance a more approachable, accessible place for more than 2 million users across Europe."
“Our experience in building engaging mobile apps, along with our background in operating across Europe has allowed us to create a better solution for investing for a whole new community of digital natives.”
BUX Zero to roll out to Germany and Austria
Following its launch, BUX Zero will start with onboarding users on its waitlist, before moving on to onboard new users over the coming weeks. Now that it has launched in the Netherlands, BUX will be rolling out its offering to users in Germany and Austria.
Initially, the BUX Zero app offers Market Orders and Limit Orders, which are available commission-free until the end of the year. In 2020, a third-order type will be added to the app, the “Basic Order.”
When selecting the Basic Order, the trader’s order will be executed at a fixed time once a day. According to the statement, this order type will be commission-free forever. Once this order type is added to the app, it will charge €1 for Market Orders and €2 for Limit Orders.
Nick Bortot: it was worth the wait
“It has taken some time, but we have built a full-fledged stockbroker while simultaneously building the BUX Zero app. Having this full-stack back-end gives us a tremendous amount of flexibility because we aren't tied to a third party's legacy system,” added Nick Bortot.
“It makes our operations incredibly cost-efficient, so we can offer zero-commission investing. We can also easily offer innovative features, like fractional stock ownership in the future.”
At the same time, the app introduces the Basic Order, it will also launch a subscription plan. This will give traders the option of paying a fixed monthly fee, instead of having to pay commissions on all order types. The subscription will be lower than the commission of a single transaction at a traditional broker, the statement said.
BUX, a retail brokerage based in the Netherlands, officially launched its BUX Zero trading app to waitlisted users in the Netherlands on Wednesday. By launching the trading app, the broker has signaled the beginning of its European rollout.
The BUX Zero app is tailored for both experienced investors, as well as beginners. The trading app is powered by its own back-end broker, and will soon be available to users across Europe, as the company doesn’t need to secure third-party back-end brokerage partners in multiple countries.
Commenting on yesterday’s launch, Nick Bortot, BUX Founder and CEO said: “Today, we are proud to invite our Dutch users to be the first to experience BUX Zero. Since 2014, we have made it our mission to make the world of finance a more approachable, accessible place for more than 2 million users across Europe."
“Our experience in building engaging mobile apps, along with our background in operating across Europe has allowed us to create a better solution for investing for a whole new community of digital natives.”
BUX Zero to roll out to Germany and Austria
Following its launch, BUX Zero will start with onboarding users on its waitlist, before moving on to onboard new users over the coming weeks. Now that it has launched in the Netherlands, BUX will be rolling out its offering to users in Germany and Austria.
Initially, the BUX Zero app offers Market Orders and Limit Orders, which are available commission-free until the end of the year. In 2020, a third-order type will be added to the app, the “Basic Order.”
When selecting the Basic Order, the trader’s order will be executed at a fixed time once a day. According to the statement, this order type will be commission-free forever. Once this order type is added to the app, it will charge €1 for Market Orders and €2 for Limit Orders.
Nick Bortot: it was worth the wait
“It has taken some time, but we have built a full-fledged stockbroker while simultaneously building the BUX Zero app. Having this full-stack back-end gives us a tremendous amount of flexibility because we aren't tied to a third party's legacy system,” added Nick Bortot.
“It makes our operations incredibly cost-efficient, so we can offer zero-commission investing. We can also easily offer innovative features, like fractional stock ownership in the future.”
At the same time, the app introduces the Basic Order, it will also launch a subscription plan. This will give traders the option of paying a fixed monthly fee, instead of having to pay commissions on all order types. The subscription will be lower than the commission of a single transaction at a traditional broker, the statement said.
58% of UK Investors Choose Professional Guidance over 'Finfluencers’
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
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#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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