BUX Review

European beginner stock and ETF investors

AFM DNB FCA

Founded 2013 · Netherlands · ABN AMRO

Why investors choose this broker

Zero Orders and investment plan orders are commission-free
Basic account has no monthly subscription fee
No inactivity fee
Fractional shares enable small investment amounts

Review summary

BUX is a Dutch mobile-first investing app offering commission-free Zero Orders on stocks and ETFs, fractional shares and recurring investment plans across eight European markets.

Pros

Zero Orders and investment plan orders are commission-free
Basic account has no monthly subscription fee
No inactivity fee
Fractional shares enable small investment amounts
Recurring investment plans automate saving
Regulated by AFM, DNB and FCA
Available in eight European countries
Part of ABN AMRO group adds financial backing

Cons

Basic tier has a 0.20%/year variable service fee on invested assets
Market orders cost EUR 0.99-3.99 depending on asset type and tier
Zero Orders available only on Plus and Prime tiers
FX markup of 0.25-0.75% applies on US stock trades
No demo account
Limited to European markets, not available globally
Product range narrower than full-service brokers - no bonds, options or crypto
Web platform is secondary to the mobile app

Company background

BUX is a Dutch fintech brokerage founded in Amsterdam in July 2013 by Nick Bortot, a former executive at Dutch online broker BinckBank. The company initially offered CFD trading before pivoting to commission-free stock and ETF investing for retail users across Europe. BUX operates in the Netherlands, Germany, Austria, France, Belgium, Italy, Spain and Ireland. In December 2023, ABN AMRO announced it would acquire BUX, and the transaction was completed in July 2024, making BUX a subsidiary of one of the largest Dutch banks. Its product range covers stocks, ETFs, fractional shares and recurring investment plans.

Fees and pricing

BUX offers three account tiers: Basic (free), Plus (EUR 2.99 per month) and Prime (EUR 7.99 per month). Commission-free Zero Orders - end-of-day batch executions - are available only on Plus and Prime tiers. Investment plan orders are commission-free across all tiers. Market orders on Basic cost EUR 3.99 for EU stocks and EUR 0.99 for US stocks and ETFs; these costs step down on higher tiers to EUR 0.99 for Plus and Prime.

A variable service fee applies on invested assets: 0.20% per year on Basic, 0% up to EUR 250,000 on Plus, and 0% up to EUR 500,000 on Prime. There is no inactivity fee. Deposits and withdrawals are free. An FX markup applies on US stock trades: 0.75% on Basic, 0.25% on Plus and 0.20% on Prime. Fractional share investing is available, allowing users to invest a chosen amount without buying a whole share.

Regulation and safety

BUX operates through BUX B.V., authorised and regulated by the Dutch Authority for the Financial Markets (AFM) and registered with De Nederlandsche Bank (DNB). The UK entity holds authorisation from the FCA. Client assets are held in segregated accounts separate from BUX's own funds. Eligible investors may be covered by the Dutch Investor Compensation Scheme up to EUR 20,000 for investment assets, and cash at partner banks may be covered by the Dutch Deposit Guarantee Scheme up to EUR 100,000.

Platform experience

BUX is a mobile-first platform with iOS and Android apps as the primary channel, supported by a web interface. The app includes stock and ETF search, asset detail pages, portfolio tracking, and tools for setting up recurring investment plans. Fractional shares let users invest a chosen amount without buying a whole share. Investment plans automate periodic purchases on a user-set schedule, supporting long-term passive investing habits.

Pros and cons

BUX's main strengths are commission-free Zero Orders and investment plan orders, no inactivity fee, fractional shares, recurring investment plans, and regulation by AFM, DNB and FCA. Since 2024 it operates within the ABN AMRO group. The main limitations are the variable service fee on the Basic tier, market order costs, FX markup on US stock trades, no bonds, funds, options or crypto, no demo account, and availability limited to eight European markets.

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Your capital is at risk. Other fees apply.

Trading fees & commissions

BUX offers three account tiers: Basic (free), Plus (EUR 2.99/month) and Prime (EUR 7.99/month). Zero Orders (commission-free, end-of-day execution) are available on Plus and Prime; market orders cost EUR 0.99-3.99 depending on asset type and tier. A variable service fee of 0.20% per year applies on Basic; Plus and Prime have 0% service fee up to EUR 250k and EUR 500k respectively. An FX markup applies on US stock trades: 0.75% on Basic, 0.25% on Plus, 0.20% on Prime.

Fees

Item	Fee
Account	Basic: free; Plus: EUR 2.99/month; Prime: EUR 7.99/month
Custody	Variable service fee: 0.20%/year on Basic; 0% below EUR 250k on Plus; 0% below EUR 500k on Prime
Deposit	Free
Inactivity	Not charged
Withdrawal	Free
Fx Conversion	0.75% on Basic; 0.25% on Plus; 0.20% on Prime (applies to US stock trades only)

Trading platform & features

Platforms

BUX app
Web app
iOS app
Android app

Regulation and investor protection

BUX operates through BUX B.V., authorised and regulated by the AFM and registered with DNB in the Netherlands. The UK entity is authorised and regulated by the FCA. Client assets are held in segregated accounts. Eligible investors may be covered by the Dutch Investor Compensation Scheme up to EUR 20,000 for investment assets; cash at partner banks may be covered by the Dutch Deposit Guarantee Scheme up to EUR 100,000.

Broker FAQs

Is BUX safe?

BUX B.V. is authorised and regulated by the AFM and registered with DNB in the Netherlands. Client assets are held in segregated accounts separate from BUX's own funds.

Is BUX a scam?

No. BUX is a regulated brokerage authorised by the AFM and DNB in the Netherlands, and its UK entity is regulated by the FCA. BUX has been acquired by ABN AMRO, one of the largest Dutch banks.

Is BUX regulated and by whom?

Yes. BUX B.V. is authorised and regulated by the AFM and registered with De Nederlandsche Bank (DNB). The UK entity is authorised and regulated by the FCA.

Does BUX keep client funds in segregated accounts?

Yes. BUX states that client assets are held in segregated accounts, separate from BUX's own funds.

What happens to my money if BUX goes bankrupt?

Client assets are held in segregated accounts. Eligible investors may be covered by the Dutch Investor Compensation Scheme up to EUR 20,000 for investment assets. Cash held at partner banks may be covered by the Dutch Deposit Guarantee Scheme up to EUR 100,000.

What products does BUX offer?

BUX offers stocks, ETFs, fractional shares and recurring investment plans. The platform does not offer bonds, funds, options, futures, CFDs or direct cryptocurrency trading.

Does BUX offer ETFs?

Yes. BUX offers ETF trading on a commission-free basis, and users can invest in ETFs through fractional shares or recurring investment plans.

Does BUX offer crypto?

No. BUX discontinued direct cryptocurrency trading in March 2024 when its crypto operations were migrated to a third-party platform. BUX now focuses on stocks, ETFs, fractional shares and investment plans.

Can I buy fractional shares on BUX?

Yes. BUX supports fractional share investing, which allows users to invest a chosen amount in a stock or ETF without needing to buy a whole share.

Does BUX charge a trading commission?

It depends on the order type and account tier. Zero Orders (end-of-day batch execution) and investment plan orders are commission-free. Market and limit orders cost EUR 0.99-3.99 depending on the asset type and account tier. Zero Orders are available only on Plus (EUR 2.99/month) and Prime (EUR 7.99/month) tiers.

What is BUX's currency conversion fee?

BUX applies an FX markup on US stock trades. The rate is 0.75% on the Basic tier, 0.25% on Plus and 0.20% on Prime. EUR-denominated stocks and ETFs do not incur this markup.

Is there a withdrawal fee at BUX?

No. BUX lists withdrawals as free.

Does BUX charge an inactivity fee?

No. BUX does not charge an inactivity fee.

Does BUX have a demo account?

BUX does not list a demo or paper trading account as a publicly available feature.

Does BUX have a mobile app?

Yes. BUX is a mobile-first platform with iOS and Android apps available through the App Store and Google Play. A web interface is also available.

Is BUX good for beginners?

BUX is designed with retail beginners in mind. It offers commission-free investing, fractional shares from small amounts, recurring investment plans and a simple mobile app. The platform is available across eight European markets.

Is BUX good for long-term investing?

BUX supports long-term investing through commission-free ETF access, fractional shares and recurring investment plans. It does not offer bonds, funds or advanced instruments, so investors seeking a broader asset range may need an alternative platform.

Bottom line

BUX suits investors who want a mobile-first app for low-cost stock and ETF investing with fractional shares and recurring plans across European markets. Commission-free Zero Orders require a Plus or Prime subscription. It may not suit users who need bonds, funds, options, crypto, a demo account, or access outside the eight supported European countries.

BUX

European beginner stock and ETF investors

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Your capital is at risk. Other fees apply.