Bux

Bux is a user-friendly trading app designed to simplify investing in various financial instruments. It offers features like fractional shares, allowing users to invest smaller amounts in stocks and ETFs, which can be beneficial for implementing strategies like euro-cost averaging. The app supports a savings plan, enabling users to set up regular investments tailored to their financial goals.

One of the key benefits of Bux is its commission-free trading option, known as "Zero Orders," which eliminates transaction fees for certain trades. However, users should be aware that a monthly service fee applies. Bux handles the Belgian stock transaction tax (TOB), but users are responsible for managing other tax obligations such as dividend and Reynders taxes. Additionally, users must declare their accounts to the National Bank of Belgium annually.

The app provides interest on uninvested cash, which can help users maximize their returns. Customer support is available through various channels, including email and phone. While Bux does not offer joint accounts, it is accessible via both mobile and web platforms, making it convenient for users to manage their investments across different devices. Overall, Bux is geared towards individuals looking for a straightforward and accessible way to engage in trading and investing activities.