European fast-growing neobroker BUX, announced the launch of its zero-commission investing app, BUX Zero in Ireland.
The investing app is available in the Apple, as well as the Google App Store. Traders using BUX Zero can invest directly in more than 2,000 stocks, open free accounts in minutes, deposit or withdraw money for free at any time. Users can also search for specific assets and make lists of their favourite stocks, and access investment plans, jargon-free news, and educational content.
Yorick Naeff, CEO of BUX, said:
Yorick Naeff
Source: LinkedIn
At BUX, our goal is to create a new, more equitable financial future where anyone has the opportunity to invest and put their money to work. Against the backdrop of the 2008 financial crisis, followed by the tracker mortgage scandal, and, most recently, the impact of Covid-19, Irish people’s trust in the traditional banking sector has been eroded. This, combined with the imminent exit of two of Ireland’s largest banks from the market and the closure of other bank branches across the country, has left consumers with limited choice.
Naeff added:
As the Irish financial services landscape undergoes rapid change, BUX Zero is giving consumers more options when choosing what to do with their money. Providing an avenue for direct investment, BUX Zero is making commission-free investing accessible for both first time and existing investors by allowing them to easily invest in companies they know and believe in. Irish customers are conscious consumers who are tech and money savvy, with a strong appetite for digital-first financial services. This made our decision to launch in the Irish market an easy one.
