BUX Continues Expansion, Launches Zero-Fee Trading in Ireland

Dutch broker BUX continues its expansion across Europe and announced on Monday the launch of its zero-commission investing app, Bux Zero, in Ireland.

The mobile-only platform will be available on both Android and iOS devices, allowing investors to trade more than 2,000 stocks listed on the platform. The latest expansion came after the neobroker raised $80 million in a recently closed Funding Round Funding Round Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business Read this Term and said that it will utilize the proceeds for expansion.

“As the Irish financial services landscape undergoes rapid change, BUX Zero is giving consumers more options when choosing what to do with their money,” BUX CEO, Yorick Naeff said in a statement.

Expanding Across Europe

Launched in September of 2019, BUX is leveraging the commission-free trading frenzy and bringing the model to Europe. The platform is regulated by the Dutch Authority for Financial Markets and claims to have more than 500,000 clients.

Apart from its Dutch base and has recently entered Ireland, the platform is operating in five other European countries: Netherlands, Germany, Austria, France and Belgium. Now, it has plans to expand further across the continent in 2021.

“Providing an avenue for direct investment, BUX Zero is making commission-free investing accessible for both first time and existing investors by allowing them to easily invest in companies they know and believe in. Irish customers are conscious consumers who are tech and money savvy, with a strong appetite for digital-first financial services. This made our decision to launch in the Irish market an easy one,” Naeff added.

BUX is taking an alternate approach to educating investors as well, rather than only offering trading services.

“Investing has long been something for those with the capital and the knowledge to do so, and the rise of Retail Trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term has left many new entrants to the space navigating an often complex environment,” the CEO continued.