Verified: Buxberg Ltd Is Referred To As Buxberg. This Company's Domain Name Was Registered In 2020. It Is A Foreign Exchange Broker Registered In Hong Kong. The Company Is Currently Unregulated. Please Choose Carefully And Pay Attention To The Risks.
Note: Buxberg, As An Unregulated Broker, Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of A Regulatory Body To Hold The Company Accountable, The Lack Of Supervision Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, They Are Very Likely To Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Trader.
According To The Company's Official Website:
Buxberg Is Purportedly A Hong Kong-registered Forex Broker That Claims To Offer Its Clients More Than 2,000 Tradable Assets With Leverage Up To 1:400 And Low Commissions On Desktop, Web Traders And Mobile App Trading Platforms, As Well As Six Options For Different Real Account Types.
As For Regulation, It Has Been Verified That Buxberg Is Not Subject To Any Valid Regulations. That's Why Its Regulatory Status On Wikifx Is Listed As "unlicensed" And It Has A Relatively Low Score. Be Aware Of The Risks.
Pros And Cons
Buxberg Offers A Wide Range Of Trading Tools And Multiple Account Types To Suit Different Traders. It Offers Competitive Leverage And A User-friendly Trading Platform. However, Lack Of Regulatory Oversight, Limited Spread Information, Uncertain Non-trading Fees, No Bonus Products, And Limited Availability Of Customer Support Are Aspects That Wold-be Users Should Consider Before Choosing Buxberg As Their Broker.
Advantages
Wide Range Of Trading Tools: More Than 2,000 Instruments Available For Trading, Including Currency Pairs, Commodities, Stocks, Digital Currencies, Spot Metals And Spot Indices.
Multiple Account Types: Beginner, Standard, Intermediate, Advanced, Points And VIP Accounts Cater To Traders With Different Needs And Experience Levels.
Extremely Competitive Leverage: Provides Leverage Ratios Of Up To 1:400, Allowing Traders To Maximize Their Trading Potential.
User-friendly Trading Platform: Desktop, Web Traders And Mobile Apps (Android, IOS) Provide Fast Execution Speed And Basic Trading Features.
Cons
Unregulated Brokers: Buxberg Is Unregulated, Which May Cause Concern For Some Traders.
Limited Information About Spreads: No Specific Details About Spreads Are Explicitly Mentioned.
Uncertain Non-trading Fees: Additional Fees Due To Market Conditions And Penalties For Inactive Accounts Are Not Clearly Defined.
No Bonus Offerings: Buxberg Does Not Offer Any Bonus Rewards.
Limited Customer Support Availability: Live Chat And Phone Support Are Only Available On Weekdays.
Market Tools
Buxberg Has An Extensive Library Of Trading Tools Due To Its Decision To Adopt Contracts For Difference (CFDs) As Its Preferred Trading Option. This Benefits Users As They Can Easily Diversify Their Portfolios Using The Top Options From Various Asset Classes. It Also Leaves Room For Experimentation With The Option To Go To The Moon.
This Is The Trading Instrument Category Buxberg.com:
Forex: EUR/USD, GBP/USD, USD/CAD And USD/CHF
Stocks: AMZN, TESLA, MSFT And More
Commodities: Metals, Energy And Agriculture
Indices: Multiple Benchmark Indices
Cryptocurrencies: Bitcoin, Ripple, Litecoin And Ethereum
Account Types
Buxberg Offers Several Trading Account Options To Suit Traders With Different Experience Levels And Needs. These Accounts Include, Beginner, Standard, Intermediate, Advanced, Points, And VIP Accounts.
The Beginner Account Is Designed For Novice Traders With A Minimum Deposit Of $2,500. It Offers Basic Market Access, Mobile Trading Features, No Additional Fees, One-click Trading, And Daily Analysis.
The Standard Account With A Minimum Deposit Of $5,000 Offers Similar Features To The Beginner Account. In Addition, It Offers Options For Swap-free/Islamic Accounts And Daily Analysis.
The Intermediate Account Requires A Minimum Deposit Of $25,000 And Includes Basic Market Access, Market Coverage, Swap-free/Islamic Accounts, No Additional Fees, And Daily Analysis.
Traders Seeking More Advanced Features Can Opt For The Premium Account, Which Has A Minimum Deposit Of $50,000. It Offers Basic Market Access, A Personal Account Manager, A Swap-free/Islamic Account, Market Coverage, And Daily Analysis.
Integral Account, With A Minimum Deposit Of $100,000, Offers Full Market Access, A Personal Account Manager, Special Market Coverage, Market Coverage, And The Ability To Execute Trading Strategies.
For Traders With High Volume And Experience, The VIP Account Offers Custom Market Access, A VIP Personal Manager, Invitations To Special Events, Private Instant Support, And The Freedom To Use Trading Strategies. The Minimum Deposit Amount For This Account Type Is $250,000.
Each Account Type Has Its Own Minimum Deposit Requirements And Different Features, Allowing Traders To Choose An Account That Suits Their Trading Objectives, Experience Level, And Preferred Features.
Account Opening Process
1. Visit The Garnet Trading Website. Look For The "Trade Now" Button And Click On It.
2. Register On The Website Registration Page.
3. Receive Your Personal Account Login Information Via An Automatically Sent Email
4. Login
5. Continue To Deposit Funds Into Your Account
6. Download The Platform To Start Trading
Leverage
Offers Leverage Ratios Of Up To 1:400 Buxberg, Which Is Much Higher Than What Most Brokers Offer. It Is Important To Remember That The Greater The Leverage, The Greater The Risk Of Losing Your Deposits. The Use Of Leverage Can Work Both In Your Favor And Against You.
Commissions
The Buxbergs Website States On Its Home Page That It Offers Low Commissions, But Does Not Directly Address The Specific Value Of The Commissions.
Non-Transaction Fees
Terms Of Use Buxberg States That Due To Unforeseen And Unstable Market Conditions, Certain Additional Fees May Be Charged. It Also Mentions The Possibility Of 4% APR And The Possibility Of Interest Rate Spread Changes If Necessary. In Addition, It Also Indicates That Users May Be Penalized If They Fail To Meet Statistical Requirements Or Maintain Sufficiently Active Accounts. While These Points Are Mentioned, The Scope And Applicability Of These Fees And Penalties Are Not Clearly Defined, Making It Difficult To Assess Their Reasonableness.
Trading Platform
Buxberg's In-house Trading Platform Is Available On The Desktop As Well As Via Web Traders And Mobile Apps. The Platform Is Designed To Be User-friendly, Providing Fast Trade Execution And Providing Features Such As Setting Stop-loss And Take-profit.
Web Trader, Main Features:
One-Click Trading Multiple Trading Instructions And Execution Modes
Instant Access To Global Markets Without Any Installation
Full Account History Access, Reliable Data Protection
Mobile Platform
The Broker's Mobile Trading Platform Retains Most Of The Features Of The Desktop Version. The Application Is Designed To Provide Traders With Mobile Charting Capabilities And An Intuitive And Easy-to-use Experience. The Platform Works On Android Or IOS Devices And Is Suitable For Standard Trading.
Mobile Trading Platform, Key Features:
Android
Trade Directly On Android Charts With Real-time Quotes
Full Set Of Trading Instructions, Support For Various Trading Execution Modes
Full View Of Account Trading History
IOS
Direct View Charts And Analysis Tools On Any IPhone Or IPad Device
Full Set Of Trading Instructions, Support For Various Trading Execution Modes
Full View Of Your Account Trading History
Brokers, Trading Platforms
Buxberg Desktop, Web Trader, Mobile App
FXT MT4, MT5
Extrinsic MT4, MT5
Financial Marekt MT4, MT5, Iris
Pepperstone MT4, MT5, CTrader
Deposit And Withdrawal
Minimum $2,500 To Get Started, Enter Your Account If You Are Starting At Beginner Level. For VIP Customers This Can Be Increased To $5,000, $25,000, $50,000, $100,000 And Finally $250,000. This Is A Wide Range And Should Fit Most Budgets. Deposits Can Be Made To The Account Via Debit Card, Credit Card And E-wallet Payments.
Customer Support
They Offer A Live Chat Feature Which Is Probably The Fastest Way To Get In Touch. Go To The Support Page And Click The "Live Chat" Button To Get Started. You Will Need To Enter Your Name, Email Address And Message. They Should Get Back To You Immediately Monday Through Friday. But Don't Expect Any Prompt Coverage Over The Weekend. You Can Also Use A 1-800 Phone Number. But Again, This Is Available 24/5. Finally, An Email Address Is Also Provided For Any Queries You May Need To Consider And Express In A Longer Form.
Phone: + 18007875082
Email: Info@buxberg.com
Educational Resources
Buxberg Provides Comprehensive Educational Tools To Support Investors In Making Informed Decisions And Achieving Their Investment Goals. They Provide Market Analysis And Economic Indicators That Can Help Effectively Study Market Movements And Plan Investments.
Their Proprietary Software Is Available As A Web-based Desktop Product And Downloadable App, Meeting The Needs Of Both Apple And Android Users. This Allows Easy Access To Their Platform And Ensures A User-friendly Trading Experience. Buxberg Recognizes The Growing Trend In Mobile Trading And Has Taken Proactive Steps To Meet The Needs Of Mobile Users.
User Experience And Additional Features:
One Of The Additional Features We Were Particularly Pleased With During The Experience Buxberg Review Was The Market News Section. This Is Essentially A Video Produced By The Brand That Shows How The Market Is Changing. They Offer Advice To Show How To Adjust Your Trading Style To Compensate For Any Unpredictable Events. Also, It's A Great Way To Stay On Top Of Any Potential Changes That Might Happen In The Future.
Anyone Who Is Serious About Creating A Long-term Trading Journey Needs To Have Access To As Much Information As Possible. And By Being Owned By Buxberg, Clients Can Gain A Real Edge Over Certain Competition.
