Updated: 05/16/2024

BuxBerg

BuxBerg Review

4 / 5
205 ratings
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.22 Apr 2023
author avatar image Chad Smith

Table of Contents

Overview

BuxBerg Main Features
Feature Title Feature Value
🗺️ Year Founded 2021
🏢 Headquarters St. Vincent and the Grenadines
⚖️ Tier-3 Licenses Yes
Minimum Initial Deposit $100
Demo Trading Yes
Leverage (EU Clients) 1 : 500
Leverage(Non-EU-Clients) 1 : 500
Average Spread EURUSD 0.8 pips
💰 Withdrawal fee No
Withdrawal Time Same day
💰 Inactivity Fee No

Welcome to our comprehensive review of BuxBerg, an online forex and CFD broker founded in 2021. Based in St. Vincent and the Grenadines, BuxBerg aims to empower traders with a wide range of opportunities in the global market. With over 2,000 tradable assets across forex, commodities, metals, shares, and cryptocurrencies.

BuxBerg offers a diverse portfolio to meet the needs of different traders. In this review, we will delve into the key features and benefits of BuxBerg, analyze the account types and pricing, explore the trading platforms, assess customer support and education resources, compare BuxBerg with its competitors, and provide our final verdict on the broker’s overall performance.

Key Features & Benefits

  • Great Proprietary Trading Platform: BuxBerg offers a proprietary web-based platform that provides a seamless and user-friendly trading experience. With advanced technical tools, automated trading systems, and copy trading capabilities, the platform caters to the needs of both novice and experienced traders.
  • Broad Product Portfolio: BuxBerg impresses with its extensive range of over 2,000 tradable assets. Traders can access major indices, energy markets, commodities, and global stock companies, all from a single trading account. This diverse offering ensures that traders never miss a market opportunity.
  • Leverage Advantage: BuxBerg provides leverage up to 1:400, allowing traders to amplify their trading positions and potentially enhance their profits. This high leverage level offers a competitive advantage in the forex market.
  • Fast NDD Order Execution: BuxBerg prides itself on its fast non-dealing desk (NDD) order execution, with an average execution speed of 0.02 seconds. This ensures that traders can enter and exit trades swiftly, maximizing their trading opportunities.

What Did We Like about the Broker

We were particularly impressed by BuxBerg’s proprietary trading platform, which offers advanced features, automated trading systems, and copy trading capabilities.

The broad product portfolio of over 2,000 tradable assets is also a standout feature, providing ample opportunities for traders across different markets. Additionally, the leverage advantage and fast NDD order execution contribute to a positive trading experience.

Account Types & Pricing

BuxBerg offers six different trading accounts to cater to various trading preferences and experience levels. Each account type provides access to different spreads and leverage levels. Here are the account types in detail:

  1. Beginner Account: This account is designed for new traders and provides basic market access, mobile trading, and one-click trading. It does not incur any extra fees.
  2. Standard Account: Suitable for both beginner and experienced traders, this account offers basic market access, swap-free/Islamic options, and one-click trading. Like the Beginner Account, it does not involve any extra fees.
  3. Intermediate Account: Designed for experienced traders who require different trading conditions, this account provides basic market access, market coverage, swap-free/Islamic options, and daily analysis. No extra fees are charged.
  4. Advanced Account: Offering an extra boost for investors, this account includes basic market access, a personal account manager, swap-free/Islamic options, market coverage, and daily analysis. Again, no extra fees are applicable.
  5. Integral Account: This account is suitable for those who prefer trading on a fixed-rate basis without commissions. It provides full market access, a personal account manager, special market coverage, and allows trading strategies.
  6. VIP Account: Designed for high-end investors, the VIP Account offers custom market access, a VIP personal manager, special event invitations, private instant support, and allows trading strategies.

The pricing structure for each account type may vary, and it’s important to carefully evaluate the value-added features and fees associated with advanced accounts before making a decision.

Trading Platforms

BuxBerg stands out from other brokers by offering its proprietary web-based trading platform. This platform is designed to meet the needs of traders of all levels of experience. With a user-friendly interface, advanced charting tools, and automated trading systems, the platform provides a comprehensive trading experience. Traders can access the platform from both mobile and desktop devices, allowing them to stay connected to the markets anytime, anywhere. While BuxBerg’s platform does not offer the popular MetaTrader 4 or MetaTrader 5 platforms, it compensates with its own feature-rich and technologically advanced solution.

Customer Support & Education

BuxBerg places a strong emphasis on customer support and education to assist traders in their journey. The broker offers multiple channels of communication for customer support, including live chat, email, and phone support. Their customer support teams are known for providing prompt and knowledgeable responses, catering to the needs of traders at different levels of experience. Additionally, BuxBerg provides educational resources and materials to help traders enhance their skills and knowledge.

Clients gain access to the company’s education center, which offers a wide range of resources such as market analysis, economic event coverage, expert commentary, and daily analysis. The commitment to customer support and education sets BuxBerg apart as a broker that genuinely cares about the success of its traders.

BuxBerg vs. Competitors

In the competitive landscape of forex brokers, BuxBerg holds its own with its unique offerings and features. When compared to its competitors, BuxBerg stands out with its proprietary trading platform, broad product portfolio, and comprehensive customer support. While its trading fees may be higher than some competitors, the benefits and advantages offered by BuxBerg’s platform and services justify the costs for many traders. It’s essential to carefully consider the specific needs and preferences of individual traders when making a comparison with other brokers.

Conclusion

In conclusion, BuxBerg is a reliable and secure forex and CFD broker that offers a range of features and benefits to enhance traders’ experiences. With its proprietary trading platform, extensive product portfolio, competitive leverage, and fast order execution, BuxBerg provides a solid foundation for traders to succeed in the financial markets.

The diverse range of trading accounts caters to different trading preferences, while the robust customer support and educational resources further contribute to traders’ growth and development. While BuxBerg may have higher trading fees and a minimum deposit requirement, the overall package of services and features makes it a viable option for both novice and experienced traders.

FAQs

Is BuxBerg regulated?

BuxBerg is currently regulated by St. Vincent and the Grenadines Financial Services Authority (SVGFSA). While it is not regulated by top-tier regulators like the FCA, ASIC, or CySEC, BuxBerg maintains safety, AML, and KYC standards to ensure a secure trading environment.

What are the accepted countries for BuxBerg?

BuxBerg offers its services to traders worldwide, with the exception of residents from North Korea, Iraq, and the United States. However, it’s important for traders to ensure that BuxBerg’s services are authorized in their respective jurisdictions.

Sources & External Links

author avatar image
Chad Smith

Chad Smith is the Director of Research & Analysis here at ForexBrokerListing.com. Chad previously served as an Editor for a number of websites related to finance and trading, where he authored a significant number of published articles about trading and the impact of technology in transforming investing as we know it. Overall, Chad is an active fintech and crypto industry researcher with more than 15 years of trading experience, and you can find him teaching his dog how to trade in his free time.

BuxBerg

4 / 5
205 ratings
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