After revealing that it was planning to launch in Belgium earlier this month, BUX has stayed true to its word, with the company announcing this Tuesday that it has launched its zero-commission investing app, Bux Zero, in Belgium.
In addition to launching in Belgium, exchange-traded funds (ETFs) are now available on the investing app, expanding the mobile app’s offering which includes stocks and cryptocurrencies.
Having launched in September of 2019, BUX has now expanded its offering into five European countries. The mobile broker is based in the Netherlands and, aside from Belgium, is available in Germany, Austria and France.
As Finance Magnates reported, BUX Zero recently launched in one of Europe’s largest economies – France. The launch in July represented the first neobroker of its kind entering into the French market. It was also the third country launch for BUX in 2020.
Commenting on the launch in Belgium, Nick Bortot, Founder and CEO, BUX said in the statement: “We are looking forward to being able to provide all Belgians the option to invest commission-free for the first time. We strongly believe that being able to offer this option allows a whole new generation to take part in investing.
“We’re proud of the work we’ve done to lower the barriers of entry with BUX Zero. In addition to making cost a smaller obstacle, we’ve also stripped away the complexity of investing by making the experience of buying and selling shares as simple and easy-to-understand as possible.”
