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Articles / Interactive Brokers (IBKR) vs BUX Zero: 2023 Comparison

Interactive Brokers (IBKR) vs BUX Zero: 2023 Comparison

Franklin Carneiro da Silva| Updated: February 27, 2023

Are you confused about whether to choose Interactive Brokers (IBKR) vs BUX Zero as a broker for your investing needs?

In this side-by-side comparison, we analyse Interactive Brokers (IBKR) vs BUX Zero to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.

Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!

Ideal for
Every investor (best overall)

Interactive Brokers is a global online broker and publicly listed company which surpassed major financial crises, showing resilience and a rigorous risk management process.

It offers an advanced investment platform that includes a wide range of products (stocks, options, mutual funds, ETFs, futures, bonds, and currencies) from 150 markets.

Beginners and intermediate investors have educational tools to explore, but the learning curve will be steep. Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade Stocks, Options and ETFs.

Ideal for
Low commissions on stocks, ETFs and crypto trading

BUX Zero is an online broker offering commission-free stocks and ETF trading. New users will receive one free share worth up to €200.

The BUX Zero app has positioned itself as an affordable way for Europeans to increase their savings. It brings a simple and elegant way to start investing.

Currently, it is only available for investors from Austria, Belgium, France, Germany, Ireland, Italy, Netherlands and Spain.

 

Pros and Cons

Pros

  • Low commissions on US stock trading (for EUR based accounts)
  • No monthly inactivity fee
  • The broadest product and markets range in the brokerage industry
  • Demo account
  • Excellent reputation (founded in 1978)
  • Extensive research and Education tools
  • Has a modern mobile trading app to trade Stocks, Options and ETFs, ideal for novice investors, IBKR GlobalTrader.

Cons

  • Complicated and lengthy account opening process (but fully online)
  • Steeper learning curve for beginners
  • Website is difficult to navigate
  • Interactive Advisors (Robo-advisor feature) is only available for US customers

Pros

  • Low commissions on stock, ETF and crypto trading
  • Offers one Free Share of up to 200€ upon deposit
  • Fractional investing
  • Modern and user-friendly mobile app
  • No inactivity, custody, deposit or withdrawal fee
  • No minimum required deposit

Cons

  • Zero order execution delay
  • No demo account
  • Limited financial products
  • Only available in eight countries
Interactive Brokers (IBKR) vs BUX Zero: 2023 Comparison 2
Bux Zero logo
  •  
  • General Information
  • Founded in
  • Demo Account
  • Account Minimum
  • Interest on unninvested cash (annually)
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Cryptocurrencies
  • Custody Fee
  • Inactivity Fee
  • Withdrawal Fee
  • Connectivity Fee
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per institution)
  • Interactive BrokersAsset 3
  • General Information
  • Founded in1978
  • Demo Account
  • Account Minimum€/$/£0
  • Interest on unninvested cash (annually)EUR: 2.63%; USD: 4.58%; GBP: 3.90%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Stocks, Indices, Metals, and Forex.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocksTiered plan: $0.0035 per share**Min. $0.35; Max. 1% of trade value.
  • EU stocksTiered plan: 0.05% of trade value**Min. €1.25; Max. €29.
  • ETFsTiered plan: 0.05% of trade value**Min. €1.25; Max. €99.
  • CryptocurrenciesUp to 0.18% of the trade value**Only in the US.
  • Custody Fee€/$/£0
  • Inactivity Fee€/$/£0
  • Withdrawal Fee€/$/£0**One free withdrawal per month
  • Connectivity Fee€/$/£0
  • Currency Conversion Fee0.0020%
  • Security
  • RegulatorsFINRA, SIPC, SEC, CFTC, IIROC, FCA, CBI, AFSL, SFC, SEBI, MAS and MNB.
  • Investor Compensation Scheme(per person, per institution)

    Up to £85,000 for clients under IB U.K. Limited; Up to €20,000 for clients under IB Ireland Limited.

  • BUX ZeroAsset 3
  • General Information
  • Founded in2019
  • Demo Account
  • Account Minimum€1
  • Interest on unninvested cash (annually)EUR: 2.75%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks€0.99**For market and limit orders.
  • EU stocks€0 (for Zero orders)**€1.99 for market and limit orders.
  • ETFs€0 (for Zero orders)**€1.99 for market and limit orders.
  • Cryptocurrencies€0 or 0.50%**Commission waived for the clients holding 1000 or more BUX Tokens.
  • Custody Fee€2.99**Charged monthly
  • Inactivity Fee€0
  • Withdrawal Fee€0
  • Connectivity Fee€0
  • Currency Conversion Fee0.25%
  • Security
  • RegulatorsAFM and DNB.
  • Investor Compensation Scheme(per person, per institution)

    Up to €100,000 for cash; Up to €20,000 for securities.

Franklin Carneiro da Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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