Buxberg Review

Buxberg Review

General Information

Broker Name: Buxberg

Broker Type: CFD

Country: Saint Vincent and the Grenadines

Operating since year: 2022

Regulation: /

Address: 1 Harbour View Street, Central, Hong Kong

Customer Service

Phone: +18008651527

Email: [email protected]

Languages: English

Availability: 24/5

Trading

The Trading platforms: Proprietary

Trading platform Time zone: /

Demo account: No

Mobile trading: Yes

Web-based trading: Yes

Bonuses: No

Other trading instruments: Yes

Account

Minimum deposit: $2,500

Maximal leverage:  1:400

Spread: Floating

Scalping allowed: Yes

REVIEW CONTENT 

  • General Information & First Impressions
  • Fund and Account Security
  • Registration at Buxberg
  • The Trading Accounts
  • Buxberg’s Trading Platform 
  • Funding and Pricing
  • Trading Products at Buxberg
  • Customer Service at Buxberg
  • Conclusion

Broker Review: Buxberg

Broker Review: Buxberg

General Information & First Impressions

Welcome to our Buxberg review! Today, we’ll look at a new broker offering a wide range of trading conditions. Buxberg is a CFDs broker with numerous assets present on its website. As such, it’s able to provide trading services to a wide range of traders.

And while some don’t like CFDs, for the vast majority, they present no difference. Unless you’re planning on becoming a major shareholder or using cryptocurrency as anything other than a store of value, it makes nearly no difference. However, CFDs allow a broker to efficiently set up a massive library of trading assets, thus making the service much better.

As such, we believe Buxberg’s status as a CFD brokerage is massively beneficial to potential traders. However, that’s not where the broker’s advantages end, as it has numerous other useful features. We’ll discuss those in more depth later in our Buxberg review.

For now, we’ll stick to our first impression, which was quite good. The broker aims to be a midrange company, having a deposit requirement of $2,500. And while that’s slightly higher than the industry standard, it’s still not a huge sum in the trading world. In return, the broker gives you excellent treatment, and you can still trade with all the money you deposited.

Buxberg also makes it apparent that it put a ton of effort into creating its service and perfecting it. The navigation is airtight, and the information is presented in a comprehensive manner. That has great security implications, as long as boosting the user experience overall. We were quite content with what we saw when we first entered buxberg.com.

Fund and Account Security

Fund and Account Security

Safety is, without any doubt, one of the most important things to look for in a brokerage. As online financial services develop and attract more and more users, they also draw in scammers. These bad actors in the space try and abuse the influx of newbies to steal their money. As there’s quite a bit of funds going around, it’s no wonder investing seems to be a scammer breeding ground. As such, we check every broker to make sure their intentions are fair towards users.

Luckily, as we looked at the Buxberg broker, we found that it was one of the few honest companies. We’ll present the reasons we believe that and let you form your own opinion. 

For starters, the broker is very clear in its legal documentation, which is a huge safety indicator. With scam brokers, the terms and conditions are often riddled with malicious clauses that harm traders. Those brokers rely on you not reading or not understanding the terms so they can later validate their harmful actions. 

Buxberg is the opposite of that, with transparent trading conditions that even most beginners would understand. It’s not an exhilarating read, but it’s clear enough that even someone who isn’t a legal professional can comprehend it. As far as legal documents go, that’s really all you can ask for.

Furthermore, as we said earlier in our buxberg.com review, the entire site is transparent. You can glance over it for a few minutes and have a good understanding of what you’re getting. That positions Buxberg as an honest company that wants its potential traders to go in fully informed. As it’s confident of its service, we have no doubt that Buxberg is a broker with pure intentions.

Registration at Buxberg

In line with most of Buxberg’s service, the registration process is simple and quick. To enter the registration screen, you need to press one of the many buttons that say trade now or something similar. Those buttons are scattered across buxberg.com, so no matter where you are, you can find it. There’s also one that always sits in the top right corner, so you can just go there once you want to sign up.

The information the broker asks for is also quite fair. It doesn’t go for immediate aggressive questions about income level and similar private information. Instead, it just asks for some basic things about you, such as name, age, and location. Naturally, it needs to know all three to check whether it can even accept you as a customer. As you could assume, you need to be of age and in the broker’s service area. That excludes certain countries like North Korea, Iraq, and the United States. 

Once you’re done there, you can also tell the broker who referred you to award them. Lastly, there’s an option to select the currency you prefer to avoid any conversion rate problems.

The Trading Accounts

There are numerous different account types on buxberg.com which leaves quite a bit of room for traders to choose. As we said earlier in our Buxberg review, the base account requires a deposit of $2,500. However, although the price point is a bit above average, it makes up for that with the conditions. The Beginner account unlocks full access to the broker’s platform and excludes any extra fees. On top of that, it already grants users numerous analysis features, which is helpful for their trading journey.

Once you want to go further, there are five more options, meaning six accounts in total. Each requires a higher deposit than the previous ones and adds extra functionality. If you’re an Islamic trader, options for you become available at $5,000, which is less than most brokerages. Later accounts add extra trading strategies as well as more sophisticated analysis functions. 

Overall, the service at buxberg.com is balanced. If you want luxury, you can jump to the later types straight away. If not, you’ll do just fine sticking with the more affordable options. Here’s a rundown of what you can expect from the Buxberg accounts:

The Trading Accounts

Beginner

  • From $2,500 
  • Basic market access
  • Mobile trading
  • No extra fees
  • One click trading
  • Daily Analysis

Standard

  • From $5,000 
  • Basic market access
  • Swap free/islamic
  • No extra fees
  • One click trading
  • Daily analysis

Intermediate

  • From $25,000 
  • Basic market access
  • Market coverage
  • Swap free/islamic
  • No extra fees
  • Daily analysis

Advanced

  • From $50,000
  • Basic market access
  • Personal account manager
  • Swap free/islamic
  • Market coverage
  • Daily analysis

Integral

  • From $100,000
  • Full market access
  • Personal account manager
  • Special market coverage
  • Market coverage
  • Trading strategies allowed

VIP

  • From $250,000
  • Custom market access
  • VIP personal manager
  • Special event invitations
  • Private instant support
  • Trading strategies allowed

Buxberg’s Trading Platform 

Buxberg’s Trading Platform 

Buxberg’s trading platform follows the usual strengths of its service. It’s easy to learn and use, meaning even newer traders won’t face a steep learning curve. However, once you dive below the surface, it’s also a complex and sophisticated tool that can prove an invaluable asset. The software includes many important features such as multiple order types and one-click trading. It also supports multiple charts at once, being a helpful visual aid to your analysis.

Like most modern platforms, it can be accessed from computers and phones alike. There are three versions, each supporting the platform’s full functionality. You can use the downloadable terminal, web platform, or mobile phone app.

Funding and Pricing

Funding and pricing are the things many traders look at first when selecting a new broker. It’s only natural to want to minimize your trading costs, as they directly impact your bottom line. The situation is similar for funding, as you need to have appropriate and cheap options. If that’s not the case, a broker may be unviable for you.

But as we mentioned earlier in our Buxberg review, the broker eliminates all charges with the first account type. All that’s left to account for are the spreads, which are also tight, resulting in a low cost of operating. That means more money gets left over after you’re done trading, and we don’t need to explain why that’s good.

As for funding, you can expect to see all the standard options at Buxberg. You’ll undoubtedly find the one you prefer, as there’s a solid variety of choices. All the options process quickly with no fees on the broker’s end, so all you need to worry about is your bank.

Trading Products at Buxberg

Buxberg has a solid variety of trading products from all major categories. The entire selection has over 2,000 assets present. As such, skills like portfolio diversification and finding undervalued assets are crucial. Here are the asset classes you can see on buxberg.com:

  • Forex
  • Stocks
  • Commodities
  • Indices
  • Cryptocurrencies

Customer Service at Buxberg

Buxberg has the three standard methods of communication in email, live chat, and phone lines. That makes it easy to reach the broker whenever you may need to do so. The support team operates 24/5, making it active during trading hours.

 

Phone: +18008651527

Email: [email protected]

Customer Service at Buxberg

Conclusion

There’s not much left to say in our Buxberg review. The broker innovates while being honest and never compromising the quality of its service. As such, it’s shaping up to be one of the most promising new entries as far as online brokerages go. And while we understand the skepticism surrounding newer companies, there’s no indication that Buxberg is malicious. 

If you’re looking for a new brokerage, you should seriously consider Buxberg. The broker is versatile, being able to provide a home to different kinds of traders while still remaining powerful throughout.