BUX
Suspected Fraud

BUX

0.76
0.76
Industry Tier:
E
🇨🇳China
Within 1 year
Contact
BUX
Suspected Fraud

BUX

🇨🇳China
Within 1 year
Contact
0.76
0.76
Industry Tier:
E

Basic Information

Country
China
Market Categories
CFD
Organization Categories
Services
Foreign exchange, precious metals, commodities, indices
Supported Languages
English, Simplified Chinese, Japanese, Korean, German, French, Russian, Portuguese, Italian, Thai
Domain Registration
2024-09-30
Status
Suspected Fraud
Information
Download
Risk Monitoring
Documents

User Reviews

0.76

Rated by 0 people

All Rating

No Comment YetNo Comment Yet

Profile & Analysis

Powered by AI
Some content is AI-generated. For reference only, not investment advice.
Profile

BUX is a contract-for-difference broker founded in 2024, operated by BUX Limited. The platform primarily offers CFD trading services in markets such as forex, precious metals, commodities, and indices. It is supervised by multiple international financial regulatory bodies. Additionally, the platform does not provide services to jurisdictions that might violate local laws or regulations, such as China, Iran, and North Korea.

Platform Features and Services

Account Types

BUX Limited offers users a demo account and two types of real trading accounts—Standard and ECN accounts. Details are as follows:

  • Standard Account: The minimum deposit required for this account is $200. The broker offers the BUX proprietary trading platform, supporting over 250 currency pairs, indices, commodities, and stock CFDs. The maximum leverage is 1:500, with spreads starting from 1 pip, and no commission is charged.
  • ECN Account: The main difference from the Standard account is that the ECN account offers spreads starting from 0 pips, but a $6 commission is charged per transaction. Other conditions, such as trading products and leverage, are essentially the same.

Trading Platform

BUX Limited provides the MT4 platform on desktop and a proprietary BUX mobile application on mobile devices.

  • MetaTrader 4: The MT4 platform is a widely used desktop trading software globally, offering powerful and customizable features. Users can customize charts and adjust strategies according to personal needs.
  • BUX Mobile App: This app supports iOS and Android devices, allowing users to trade anytime and anywhere, monitor market changes in real-time, and flexibly adjust strategies.
BUX Limited

Funding Methods

BUX Limited offers users various payment channels, including Mastercard, VISA, NETELLER, Skrill, and bank transfers, making it convenient for users to perform funding operations.

BUX Limited

Social Media and Contact Information

BUX Limited currently does not have official accounts on social media platforms like Facebook, Instagram, or Twitter, nor does it provide any public contact information.

Company Background and Regulatory Information

Company Background

BUX Limited was founded by a team of professional traders. It provides clients with an efficient trading environment through a fiber-optic network connecting to the Equinix NY4 data center.

BUX is jointly operated by BUX Limited and Y&C FINANCIAL INVESTMENT CO., LTD, with two official websites: bux-ltd.com and bux-fx.com.

  • BUX Limited: Registered in Vanuatu, regulated by the Vanuatu Financial Services Commission (VSFC), registration number 700455. BUX Limited is also a registered member of the Financial Commission.
  • Y&C FINANCIAL INVESTMENT CO., LTD: Registered in the UK, registration number 15172116. The company is also registered with the US National Futures Association (NFA) and the US Financial Crimes Enforcement Network (FinCEN), with registration numbers NFA ID: 0559240, MSB: 31000254808319.

Furthermore, BUX Limited claims it is regulated by the Australian Securities and Investments Commission (ASIC), license number 296805.

BUX Limited

BUX Limited

Verification of Regulatory Information

Upon verification, it was found that the regulatory information advertised by BUX Limited is inconsistent with the facts:

  • The Vanuatu Financial Services Commission's website shows that the company with number 700455 is actually DLS MARKETS LIMITED, not BUX Limited.
  • The Australian Securities and Investments Commission's website shows that the company with number 296805 is DLS MARKETS (AUST) PTY LTD.
  • BUX Limited is not listed as a member on the Financial Commission's official website.
  • Information about Y&C FINANCIAL INVESTMENT comes from another independent website ycsa7.com. Additionally, the US National Futures Association (NFA) website did not find a company with NFA ID 0559240.
BUX Limited

BUX Limited

BUX Limited

BUX Limited

Conclusion

BUX Limited claims to be an international multi-asset CFD broker, but the company's advertised and regulatory information does not match the actual situation. The broker does not have a corporate entity and is not regulated by financial regulatory bodies.

Risk Warning: Trading financial products like CFDs carries high risk. Investors should carefully select a trading platform based on their risk tolerance and investment objectives to avoid unnecessary losses.

FAQ About BUX

01

What is BUX's official website?

A: BUX's official website is https://www.bux-ltd.com

02

Is BUX a legitimate company, or is it a scam?

A: BUX is currently marked as Suspected Fraud on TraderKnows.

03

What is BUX?

A: BUX is a CFD, Broker company.

Industry Tier

E
E
D
C
B
A
S
SS

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.

BUX
Suspected Fraud

BUX

0.76
0.76
Industry Tier:
E
🇨🇳China
Within 1 year
Contact
BUX
Suspected Fraud

BUX

🇨🇳China
Within 1 year
Contact
0.76
0.76
Industry Tier:
E
Information
Download
Risk Monitoring
Documents

User Reviews

0.76

Rated by 0 people

All Rating

No Comment YetNo Comment Yet

Basic Information

Country
China
Market Categories
CFD
Organization Categories
Services
Foreign exchange, precious metals, commodities, indices
Supported Languages
English, Simplified Chinese, Japanese, Korean, German, French, Russian, Portuguese, Italian, Thai
Domain Registration
2024-09-30
Status
Suspected Fraud

Profile & Analysis

Powered by AI
Some content is AI-generated. For reference only, not investment advice.
Profile

BUX is a contract-for-difference broker founded in 2024, operated by BUX Limited. The platform primarily offers CFD trading services in markets such as forex, precious metals, commodities, and indices. It is supervised by multiple international financial regulatory bodies. Additionally, the platform does not provide services to jurisdictions that might violate local laws or regulations, such as China, Iran, and North Korea.

Platform Features and Services

Account Types

BUX Limited offers users a demo account and two types of real trading accounts—Standard and ECN accounts. Details are as follows:

  • Standard Account: The minimum deposit required for this account is $200. The broker offers the BUX proprietary trading platform, supporting over 250 currency pairs, indices, commodities, and stock CFDs. The maximum leverage is 1:500, with spreads starting from 1 pip, and no commission is charged.
  • ECN Account: The main difference from the Standard account is that the ECN account offers spreads starting from 0 pips, but a $6 commission is charged per transaction. Other conditions, such as trading products and leverage, are essentially the same.

Trading Platform

BUX Limited provides the MT4 platform on desktop and a proprietary BUX mobile application on mobile devices.

  • MetaTrader 4: The MT4 platform is a widely used desktop trading software globally, offering powerful and customizable features. Users can customize charts and adjust strategies according to personal needs.
  • BUX Mobile App: This app supports iOS and Android devices, allowing users to trade anytime and anywhere, monitor market changes in real-time, and flexibly adjust strategies.
BUX Limited

Funding Methods

BUX Limited offers users various payment channels, including Mastercard, VISA, NETELLER, Skrill, and bank transfers, making it convenient for users to perform funding operations.

BUX Limited

Social Media and Contact Information

BUX Limited currently does not have official accounts on social media platforms like Facebook, Instagram, or Twitter, nor does it provide any public contact information.

Company Background and Regulatory Information

Company Background

BUX Limited was founded by a team of professional traders. It provides clients with an efficient trading environment through a fiber-optic network connecting to the Equinix NY4 data center.

BUX is jointly operated by BUX Limited and Y&C FINANCIAL INVESTMENT CO., LTD, with two official websites: bux-ltd.com and bux-fx.com.

  • BUX Limited: Registered in Vanuatu, regulated by the Vanuatu Financial Services Commission (VSFC), registration number 700455. BUX Limited is also a registered member of the Financial Commission.
  • Y&C FINANCIAL INVESTMENT CO., LTD: Registered in the UK, registration number 15172116. The company is also registered with the US National Futures Association (NFA) and the US Financial Crimes Enforcement Network (FinCEN), with registration numbers NFA ID: 0559240, MSB: 31000254808319.

Furthermore, BUX Limited claims it is regulated by the Australian Securities and Investments Commission (ASIC), license number 296805.

BUX Limited

BUX Limited

Verification of Regulatory Information

Upon verification, it was found that the regulatory information advertised by BUX Limited is inconsistent with the facts:

  • The Vanuatu Financial Services Commission's website shows that the company with number 700455 is actually DLS MARKETS LIMITED, not BUX Limited.
  • The Australian Securities and Investments Commission's website shows that the company with number 296805 is DLS MARKETS (AUST) PTY LTD.
  • BUX Limited is not listed as a member on the Financial Commission's official website.
  • Information about Y&C FINANCIAL INVESTMENT comes from another independent website ycsa7.com. Additionally, the US National Futures Association (NFA) website did not find a company with NFA ID 0559240.
BUX Limited

BUX Limited

BUX Limited

BUX Limited

Conclusion

BUX Limited claims to be an international multi-asset CFD broker, but the company's advertised and regulatory information does not match the actual situation. The broker does not have a corporate entity and is not regulated by financial regulatory bodies.

Risk Warning: Trading financial products like CFDs carries high risk. Investors should carefully select a trading platform based on their risk tolerance and investment objectives to avoid unnecessary losses.

FAQ About BUX

01

What is BUX's official website?

A: BUX's official website is https://www.bux-ltd.com

02

Is BUX a legitimate company, or is it a scam?

A: BUX is currently marked as Suspected Fraud on TraderKnows.

03

What is BUX?

A: BUX is a CFD, Broker company.

Risk Warning
TraderKnows provides a comprehensive database of financial companies, with information sourced from public channels or user submissions, for reference only. We do not verify the compliance of individual companies, and the information provided is not investment advice. Users are encouraged to conduct their own due diligence and make informed decisions. If you suspect any company of illegal activity, please report it to compliance@traderknows.com, and we will review and take appropriate action as necessary.
Risk Warning
TraderKnows provides a comprehensive database of financial companies, with information sourced from public channels or user submissions, for reference only. We do not verify the compliance of individual companies, and the information provided is not investment advice. Users are encouraged to conduct their own due diligence and make informed decisions. If you suspect any company of illegal activity, please report it to compliance@traderknows.com, and we will review and take appropriate action as necessary.

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