Are you confused about whether to choose Saxo Bank vs BUX Zero as a broker for your investing needs?
In this side-by-side comparison, we analyse Saxo Bank 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!
Saxo Bank vs BUX Zero: In a Nutshell
Advanced traders with a focus on reliability and security
Saxo Bank is a renowned online trading and investment bank that offers a wide range of financial services to individual and institutional clients.
Saxo Bank offers a range of trading platforms, including SaxoTraderGO and SaxoTraderPRO, providing clients with user-friendly and advanced options to access global markets.
Security is a paramount concern for Saxo Bank, which is evident through its strong regulatory oversight, encryption protocols, and segregated accounts.
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
Saxo Bank
Pros
- Excellent research materials
- Outstanding trading platforms (SaxoTraderPRO and SaxoTraderGO)
- Extensive range of investment products
- Long track record
- Supervised by worldwide top-tier regulators
Cons
- High minimum deposit ($2,000)
- Fees higher than average
- Fee structure is complex
- Does not accept US residents
BUX Zero
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
Saxo Bank vs BUX Zero: Side-by-side Comparison
- 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)
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.
