Boss Capital Withdrawal

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Contents

BossCapital

Broker Name: BossCapital
Platform: Tech
Founded: 2020
Bonus: 100%
Return/Refund: 63-85%/0-10%
No. Of Assets: 100+
Regulated: No
Demo Account: No
Minimum Deposit: 250
US Traders: Not Accepted

BossCapital Review

BossCapital is now owned by Melnic Group Ltd., Sofia, Shar Planina Street 63, Bulgaria. The former owners, Cheshire Capital Ltd does no longer owns/operates Boss Capital. According to the Companies House, the mentioned company will be struck off the register and will be dissolved “unless cause is shown to the contrary” at the expiration of 2 months starting 07/02/2020. Source: Companies House – notice for compulsory strike-off.

Is BossCapital A Scam?

BossCapital does not appear to be a scam yet lately Boss Capital has gained a rather bad reputation due to some complaints related to withdrawal problems and bad investment advice offered by its representatives. Some of these complaints can be viewed in the Comments section below this review and others by simply searching with Google. Also, some regulatory agencies have warned against doing business with this unregulated brokerage, so we recommend caution as well but we must note that we cannot verify or vouch for the authenticity of the complaints posted by readers on our website or online in general.

Update February 2020: Checking web traffic can offer hints about the performance of a brokerage. Spikes of any kind (either up or down) are considered a warning sign and unfortunately bosscapital.com shows such spikes: in August and September 2020 they had 60K and 55K visits respectively, then in October, traffic spiked up to 690K just to drop 2 months later to 230K. The majority of visits come from Canada (almost 20%) and weirdly enough, Canadian regulator Ontario Securities Commission issued a warning about Boss Capital (check “Boss Capital Regulatory Warnings And Announcements” below for more information).

Editor’s Note – Why BossCapital doesn’t Suck in 50 words

BossCapital is based on the Tech Financials platform and has some of the most advanced binary trading around. The asset list is quite extensive and includes more than 2 dozen international stock indices as well as all the major currency pairs (yes Bitcoin too). Banking is available with MoneyBookers and there are attractive features for VIP account holders. One such feature is same day withdrawal for Gold level accounts and above. High Returns. Notice: BossCapital Stopped accepting US based Traders.

Why does BossCapital Suck in 50 Words?

Training. There’s simply not enough trading education for newbies, not to mention advanced traders. If a newbie joins BossCapital without prior knowledge of Binary Options, he/she will surely need our school for more education. So, make sure you go through our school before.

Update February 2020: Unfortunately the lack of education is no longer the suckiest thing about Boss Capital. They are not regulated and their reputation is going downhill lately… and that sucks more than not having a proper binary options school/academy.

Should I Open an Account with BossCapital?

BossCapital is based on leading binary options platform Tech Financials and has a full array of assets and binary trading. The platform supports nearly 200 assets with global focus. All of the major currency pairs are represented, including Bitcoin. 28 international indices are also listed and include countries such as India and Dubai as well as US, EU and major Asian indices. Aside from the standard high/low binary trade, the platform also supports one touch/no touch and inside/outside boundary options. An added feature not found on many other platforms is above/below trading. This is a ladder style option in which the trader chooses if an option will finish above or below a target strike price. Expiry is decent on this platform, better than average but not the best I have seen. The most heavily traded assets will have several intraday and an end of day expiry as well as an end of week, end of month and end of next month. Short term options with expiry ranging from 60 to 300 seconds are also available.

Update July 2020: Technical analysis is provided by Trading Central. They are a leading investment research provider to financial market professionals and are considered among the very elite in the business, so it’s very important to know that Boss Capital traders will benefit from Trading Central’s knowledge.

Update February 2020: I couldn’t find any trace of Trading central’s analysis on Boss Capital’s platform so I must assume that it is either reserved for users with a higher-tier account or gone altogether. However, it must be noted that now users can benefit from advanced charts provided by Advinion. It works like a web-based charting package, with tons of technical indicators, the possibility to change the chart style (candles, bar charts, Heiken Ashi, etc.) and to draw trend lines and S/R lines (this is very good for a binary options broker but the actual chart is clunky and seems “heavy”). The feature to change to the advanced chart can be found at the top right of the normal binary options chart.

Banking with this broker is pretty standard. Credit card, wire transfers and MoneyBookers are accepted. The minimum deposit is $200 with a $10 trade minimum, which makes it a decent choice for newbies. Note that the minimum for wire transfer deposits is $500. Withdrawals for standard accounts will take up to 14 days, the first each month will be free and after that, all withdrawals will cost $30 each. VIP accounts such as Platinum and above will be eligible for same day withdrawals with accounts above Gold level receiving all withdrawals free. Bonuses are available and come on a sliding scale based on your account size. Standard Bronze level accounts can get up to 20% while Gold accounts can get up to 65%, and VIP up to 90%. Terms for withdrawing bonuses include minimums but you will need to discuss that with your account representative.

Update July 2020: Processing time for withdrawals is now 4 working days and additional 5 – 7 days must pass until the funds reach your account, so overall they have lowered the withdrawal time. Also, the account structure has changed a bit. Now they show Mini ($500), Starter ($1,000), Silver ($5,000), Gold ($10,000) and Platinum ($25,000). The bonus starts at 25% and can go as high as 100% for the Platinum account. You will still need to discuss terms of withdrawal with your account representative.

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Boss Capital Complaints

For being so new there is actually a lot on the internet about it. The broker seems to be well received and doesn’t even have too many complaints that I would classify as stemming from not reading the terms and conditions. Ofcourse, BOTS team will continue searching the web for BossCaptial complaints and comments. We’ll keep you updated!

Update July 2020: As promised, we’ve kept monitoring this brokerage and we are happy to say that we couldn’t find alarming issues. All brokers have their share or complaints and Boss Capital is no exception but this is somewhat normal.

Update February 2020: Some complaints have surfaced, definitely more than before but… there’s no broker without complaints. I’m not saying that we are treating complaints lightly, I am just saying that complaints in this industry are “normal”. Many of them target bad investment advice offered by the account managers, so please do what we’ve been saying for ages now: don’t follow your account manager’s advice and learn to trade for yourselves.

Boss Capital Regulatory Warnings And Announcements

30.01.2020: Canadian regulator Ontario Securities Commission warned that some binary options platforms and get-rich-quick schemes are using Kevin O’Leary’s (businessman, investor, TV and radio personality) image to promote binary options related products. O’Leary representatives immediately denied any involvement or ties to any type of binary options product. Boss Capital was one of the platforms mentioned by the authorities. Source: OSC Investor Alert. You can read the full Kevin O’Leary Scam Exposed article here.

04.07.2020: The Italian regulator National Commission for Companies and the Stock Exchange (CONSOB) warned that Cheshire Capital Ltd (this company owned Boss Capital at the time) was not authorized to offer investment services or activities. Source: “Consob Informa” no. 26/2020 – 4 July 2020.*Note: Since then the brokerage changed owning companies but the new company is not regulated or authorized either.

Boss Capital Bonuses

Boss Capital offers bonuses and other special offers, and like the rest of the industry requires a trade volume minimum for each. Minimums vary according to your account size, bonus size and other offers so be sure to check with your rep before taking any. On an account basis the Bronze account can get up to 30% bonus while the Gold account is eligible for up to 65%. Accounts with balances above the Gold Level can get additional bonuses, up to 100%, along with additional considerations.

Update February 2020: The bonuses vary depending on account type: Mini – 25%, Starter – 30%, Silver – 50%, Gold – 75%, Platinum – 100%. The required turnover is 30, 40 or 50 times the bonus but they don’t explain when you have to trade 30 times and when 50 times. Clients’ funds cannot be withdrawn before the turnover is reached and this is another reason why you should read the terms and conditions.

Boss Capital Withdrawals

Withdrawals are standard for the industry although I found the terms hard to read. All withdrawals require your written request and may take up to 7 days to process. Following acceptance of the request it will take up to 7 more days for the funds to transfer to your account. This is 2 standard weeks and average across all brokers. Gold level accounts are eligible for same day withdrawals and accounts over that get all withdrawals for free. Bronze, Silver and Gold accounts get one free per month with a $30 fee for each additional withdrawal. Their “Hassle Free Withdrawal Policy” lives up to its name so far.

Update February 2020: Withdrawals now take up to 4 days to process and 5-7 business days to reach your account. Platinum account holders benefit from same-day withdrawal approval.

Boss Capital Extras

Boss Capital, as a Tech Financials based broker, offers some nice features you won’t find anywhere else. Except of course with other TF brokers. The first is the charting. Tech Financials revamped their platform in 2020 to include high quality charts that are user friendly and an actual tool traders can use. One click of a tab located in the trading platform will pull up a full size chart that can be viewed in bars or candlesticks and includes multiple time frames. On top of that the broker also has an early closure feature that allows you to close longer term options before they close. This feature is not available for short term 60 second trading.

BossCapital Ratings

User Friendliness 17/20

The platform and website are both very user friendly. The thing I found weird was that you, at least I, couldn’t get to the educational and support material from the trading platform. The website where you log in has tons of information and is about as good as I’ve seen. Once you log in the platform is totally focused on trading with no links to information like you would find at other brokers. This isn’t a game changer, just something I noticed. Other than that both the website and the platform are top notch and easy to use. English Only.

Assets and Expiry 17/20

This platform has a wide range of assets so any trader will be at home. Not only that, each asset class is well represented. There are also several types of options available, not just the standard call/put trading. Expiry is one area that really shines in my view though. This broker services the day trader with short term 60, 120 and 300 second trading but also the longer term day and day to trader like me. There are end of day, end of week, end of month and end of next month on most assets when trading calls and puts.

Updated February 2020: Their Asset Index contains 28 indices, 8 commodities, 24 currency pairs, 44 stocks and 14 pairs.

Commissions, Support and Effective Returns 16/20

There are of course no commissions when trading binary options and this broker is no different. Withdrawal using bank transfer will accompany a processing fee of $30. One withdrawal is free per month, others are charged. Minimum withdrawal is $100. Support is quick and attentive; I had a rep calling me just almost as soon as I signed up. Answers were clear and helped to clarify some questions I had. Returns are above average. Some options pay as low as 70-75% while others, especially the more heavily traded offerings, pay up to 85% or more.

Deposit, Payments and Bonuses 16/20

Depositing is usually easy but Boss Capital makes it a little easier. MoneyBookers is a valid deposit method and available without any hassle directly from your account. Payments are standard taking up to 14 days to complete but there is the added attraction of reaching Platinum Account status for same day withdrawals. Bonuses are available and vary by account size and other promotions.

Broker Extra’s 13/20

There are a few perks of working with this broker, on top of the fact that it is a pretty decent broker to begin with. The platform itself is nice but the bonus is in the charting because you don’t have to use more than one platform to trade. The charts aren’t as complete as a full charting package but are real, usable and effective charts for short term and day traders. They also have a nice early out feature that allows longer term traders to lock in profits or reduce losses before option expiry. No Demo.

BossCapital Overall Ratings = 79/100

Worst experience ever, called me with an offer of guaranteed profit on binary option, even if not win will get placed investment refund, but did not explain or make me aware of trading value to withdraw my investment. Always put me on loss trade iver the phone. Felt that broker is just making his bonus by loosing my trade. Now i am unable to withdraw my money nor i am able to sign in. Cannot see any more boss capital login page even. I loosed 8K,

Reading all the testimonies, I have experience the same thing. I lost $14K with the same tactic used by the brokers. They will suck more money for you to invest if they can. They got me by pretending I was being enticed by a friend living overseas. They used a dead telephone number from Singapore. When I finally got in touch with my friend who used to work a bank, it was it revealed that number had not been used for a long time. Meanwhile, I have already invested. Bonuses they give you is not in good faith. It is to hold you in their account so you cannot just get out.
I still have some money in the account which we were trading lately but all of a sudden that UK account was closed. I would like to know if we can continue trading the old account if only the Bulgarian office would advice the previous investors that they are now the current account holder. I should be now in the books of Boss Capital in Bulgaria. I would appreciate if anyone can assist me in locating the new email address of Boss Capital in Bulgaria so we can continue our trading with them. Is there is an international body that can arbitrate on behalf of many burned traders? I would appreciate feedback and assistance from others.

I lost £30kI got locked in after my first trade lost £4000Was not explained the true meaning of bonuses and guaranteed profit agreements . Was coerced to deposit a further £5000And again the trades lost. I was convinced that this was merely a glitch and that if I invested in longer term trades 3-4 months there was a definite probability of making good money . Foolishly this vulnerable pensioner put his trust in Boss .I received £14000 into my account from Boss but it was dead money .. I was not explained the terms and conditions ever. I also experienced many many problems making short term trades .The platform collapsed on numerous occasions and my trades were lost . When notifying customer support I received very little explanation and this is unacceptable . Firstly the company should have advised all clients that there were problems . I got shut out of what would have been very lucrative trades . Far too many times the strike rate would change . Sometimes it took over a minute for the strike to connect . Invariably I would strike and have to wait more than 2 seconds and in the mean time rates had changed considerably .I explained that to Boss also . I tried so hard to recuperate my losses and when the platform wasn’t messing about able to have several large successful trades . I was contacted to make several more deposits ( large ) offered risk free and talked into signing several more contracts . 95% of my large trades using Boss’s signals failed . Approximately £20K in real money My savings and pension all to Boss . From my personal trading using what little money I had left I made the company approximately £10K from their % of my winnings . I was phoned by Boss and they questioned me about where I was getting my information about my successful trades ?? Is this company practice . I asked then about how Boss and the brokers made their cut and was fobbed off. One day when there was still £14000 of dead money a consultant called me and spoke for one hour trying to get more money from me .He started at £20K and said he would match it and with in 3 months I would have made all my money back More investments more money I got locked in after my first trade lost £4000Was not explained the true meaning of bonuses and guaranteed profit agreements . Was coerced to deposit a further £5000And again the trades lost. I was convinced that this was merely a glitch and that if I invested in longer term trades 3-4 months there was a definite probability of making good money . Foolishly this vulnerable pensioner put his trust in Boss .I received £14000 into my account from Boss but it was dead money .. I was not explained the terms and conditions ever. I also experienced many many problems making short term trades .The platform collapsed on numerous occasions and my trades were lost . When notifying customer support I received very little explanation and this is unacceptable . Firstly the company should have advised all clients that there were problems . I got shut out of what would have been very lucrative trades . Far too many times the strike rate would change . Sometimes it took over a minute for the strike to connect . Invariably I would strike and have to wait more than 2 seconds and in the mean time rates had changed considerably .I explained that to Boss also . I tried so hard to recuperate my losses and when the platform wasn’t messing about able to have several large successful trades . I was contacted to make several more deposits ( large ) offered risk free and talked into signing several more contracts . 95% of my large trades using Boss’s signals failed . Approximately £20K in real money My savings and pension all to Boss . From my personal trading using what little money I had left I made the company approximately £10K from their % of my winnings . I was phoned by Boss and they questioned me about where I was getting my information about my successful trades ?? Is this company practice . I asked then about how Boss and the brokers made their cut and was fobbed off. One day when there was still £14000 of dead money a consultant called me and spoke for one hour trying to get more money from me .He started at £20K and said he would match it and with in 3 months I would have made all my money back More investments more money

Boss Capital Review

Summary

Boss Capital has an excellent choice of binary options financial assets and binary options products, which includes a hefty payout and a partial refund for losing trades. However, the broker has to pay significant attention towards improving its other aspects of brokerage to create a trader-oriented platform. Boss Capital can only consider itself as a true brokerage if it has the products and services that can compete with other leading companies in the market.

An Overview of Boss Capital

With an ever-rising need to find the most reliable and genuine binary options brokerage, traders are now relying on some of the most advanced broker reviews and actual customer testimonials to ascertain the credibility of a company. It is not often that a trader can enjoy a trading career that is completely free from any influence from broker scams, as more often than not, financial brokerages indulge in financial malpractices to add to their bottom line.

Not all binary options companies unfairly take advantage of their clients, as there are highly reliable brokers that offer regulated financial services through a proprietary trading platform. Some of the more reliable companies are also keen on ensuring the best trading environment for its traders, which are audited according to the best regulatory standards. Is Boss Capital a regulated company, and does the company offer a genuine and reliable binary options service? Read our Boss Capital broker review to learn more!

There are slight inconsistencies about the actual geographic location of Boss Capital. Boss Capital is a European financial brokerage that claims to have satellite offices in different parts of the world. The legal terms and conditions outlined on their official website claim that the broker is regulated by the laws and regulations of binary options trading that are applicable in the UK. However, the company has also listed its official address as a company based out of Bulgaria. Therefore, we are not sure about the exact regulatory status of the company, which does pose some serious questions about the authenticity of their services.

We would consider Boss Capital to be a non-regulated entity, but it is indeed situated in one of the most highly regulated regions in the financial markets. Bulgaria is a part of the European Economic Area (EEA), which brings all companies under the regulatory framework of the Markets in Financial Instruments Derivatives (MiFID). Boss Capital claims to be a subsidiary of Melnic Group Ltd., a company located in Sofia, Bulgaria. Nevertheless, we are surprised that the company is able to operate out of its EU headquarters without obtaining a regulatory license.

Boss Capital was founded in 2020 and had up until recently been a steadily growing company in the binary options market. There are several attributes to the company that make it a major contender in the financial markets, but we are also worried that the lack of regulatory licenses may affect the broker adversely. We expect all binary options brokers to be regulated by authentic organisations that may be able to provide some form of protection to the traders. We may even support brokers domiciled in tax havens if they are able to provide the best levels of protection for traders’ investments. Therefore, we expect Boss Capital to take advantage of its European roots to be regulated by an EU regulatory authority for better peace of mind to its investors.

Boss Capital Financial Assets For Binary Options Trading

Modern binary options brokers are inherently more committed to their clients by offering the choice of comprehensive financial instruments to create a diversified investment portfolio. On the one hand, some companies provide only a handful of financial assets, while on the other hand; there are companies that provide more than 10,000 different instruments from the global financial markets. Boss Capital is one of the more average binary options brokers that offer a respectable list of financial instruments, totalling around 150+ assets. For more information on the number of financial assets, refer to our instruments list below:

Indices: DOW Future, FTSE 100, Straits Times, KL Future, ASX Australia, SE180 Shanghai, Bombay SE, KUWAIT, QATAR DSM20, EGX 30 Egypt, TADWUL KSA, SMS 30 Oman, DAX Germany, NASDAQ Future, S&P Future, HANG SENG, DUBAI, MICEX 10 Moscow, ISE 30 Istanbul

Commodities: Gold, Coffee, Corn, Oil, Platinum, Silver, Sugar, Wheat

Currencies: AUD/CHF, USD/SEK, NZD/JPY, EUR/SEK, Bitcoin/USD, AUD/NZD, NZD/USD, GBP/CHF, CAD/JPY, AUD/JPY, GBP/JPY, USD/ZAR, USD/SGD, AUD/USD, USD/CHF, USD/RUB, USD/BRL, USD/TRY, EUR/GBP, EUR/JPY, USD/CAD, USD/JPY, GBP/USD, EUR/USD

Pairs: FTSE F vs CAC F, Gold vs Oil, BMW vs Daimler, BMW vs Renault, Vodafone vs Orange, Amazon vs eBay, Google vs Baidu, Facebook vs Twitter, LinkedIn vs Twitter, McDonald’s vs Starbucks, Amazon vs Netflix, SSE 180 vs SHENZEN 300, RIO-AU vs BHP-AU, Gold vs Euro

Stocks: DEUTSCHE TELCOM, RIO T. VS. BHP B., FACEBOOK, TOTAL, PARIS TELECOM, TESCO, BNP PARIBAS, UNILEVER, GENERAL MOTORS, LAS VEGAS SANDS, DISNEY, JP MORGAN CHASE, GROUPON, EXXON MOBIL, GOLDMAN SACHS, CATERPILLAR, MCDONALDS, FIAT, PETROBRAS, NETFLIX, MASTERCARD, BAIDU, DELL, IBM, AIG, LINKEDIN, BARCLAYS, AMAZON, STRAITS TIMES, TURKCELL (TURKEY), TATA MOTORS (INDIA), REUTERS (US THOMSON REUTERS), BAE SYSTEMS (LONDON), ROLLS ROYCE (LONDON), HSBC HOLDINGS (LONDON), COCA COLA (US), SBERBANK (RUSSIA), LUKOIL (RUSSIA), GOOGLE (US), BP, GAZPROM (RUSSIA), NIKE (US), APPLE (US), CITI ( US – CITIGROUP)

The varied Boss Capital financial assets should suffice for most traders, as the broker has indeed covered a large portion of the market for a diverse portfolio of instruments. While Boss Capital may be able to satisfy most trades’ requirements, traders that seek an even larger collection of instruments should consider some of our other recommended binary options brokers that may be able to offer a more varied choice.

Boss Capital Binary Options Types & Payouts

We find the different Boss Capital products to be far better than some of the average binary options brokers in the industry. Traders are treated to four different trading products, which include the conventional high/low, boundary, touch/no-touch, and short term options. The high/low option, also known as the call/put option, offers the highest payout of 85% for in-the-money trades, which is the average payout for similar options in the market. In contrast, our recommended leaders in the binary options market may be able to offer higher payouts that may range from 90% to 100% on some binary options products.

However, what interested us were the refunds offered for out-of-the-money trades. Unlike your average broker, Boss Capital offers a refund of up to 15% on a losing trade, which does help in reclaiming a part of the investment from a losing position. A vast majority of binary options brokers don’t offer any refunds on trades, which is why Boss Capital makes sense for preserving funds during large losing streaks and for preventing a large drawdown. We do recommend traders to use the refund option for all of their trading activities, even at the expense of a slight reduction in the payout percentage.

Traders can enjoy higher payouts and ROI for binary options products such as boundary and touch/no-touch options, which promises around 360% returns for in-the-money-trades. The short-term options are more suited for scalpers and high-risk traders who are comfortable trading with lower expiry times to the tune of 30 seconds to 5 minutes. Even though binary options trading is a risky investment option, careful planning and sound money management can indeed make the difference between a winning trader and a losing trader.

Boss Capital Trading Platforms & Minimum/Maximum Investments

Boss Capital hasn’t developed any proprietary trading platform for its traders, but the company has licensed a third-party version of the Tech Financial binary options platform that performs its duties for a large number of brokers in the market. Tech Financial is a software developer that has created a feature-rich online trading interface that can be customised and personalised according to individual broker requirements. The Tech Financial trading platform offers an easy trader dashboard that has a charting section, a list of underlying instruments, and a trade history/open trades section. Although the chart offers basic information about the price action and the market sentiment, the Boss Capital platform does not offer any advanced tools or indicators for proper market analysis.

The Boss Capital platform is also ever so slightly less-powerful than its immediate competitors. The payouts for a single asset may also keep fluctuating, even for the same binary options product, which is a major drawback for the company. With regards to the investment option, Boss Capital allows its traders to start trading with a minimum investment of $10, while the maximum investment per position can go up to $7,500. Traders are free to hold unlimited open positions, but the minimum investment of $10 is higher than the industry average of $1. Some brokers may even allow trading with $.10, but the highest investment of $7,500 may be a cause for concern for traders who are not careful with their money management.

Under normal circumstances, brokers may limit the maximum investment per trade to $1,500, while some brokers may limit the maximum amount to $3,000 in extreme cases. However, $7,500 is indeed a significant sum of money to invest in a trade that can be over within the matter of a few seconds. The advantage of such a larger investment is that larger account holders may be able to enjoy more gains per position than what is traditionally considered plausible in the binary options market.

Boss Capital Mobile Trading

Boss Capital may not be popular among the latest generation of traders that use mobile trading apps for all their trading needs. Boss Capital does not have a dedicated mobile trading app, as all trading needs are met by the Tech Financial online trading interface. The web trading platform is available as a browser-based interface, and the lack of any smartphone or tablet app for iOS and Android systems may hinder the chances of the company to cater its services to a large variety of mobile users.

Boss Capital Account Categories & The Minimum/Maximum Deposits – Withdrawals

Boss Capital has a total of 5 different account options, spread across three different account packages. The minimum deposit for a Boss Capital account is $200, which qualifies for the Beginner Account that is made available for all deposits up to $5000. The Beginner account holder gets access to an account manager for only one month, along with weekly market reviews by email. Beginner account holders are offered some basic educational materials such as videos, eBooks, and a starter webinar, which seems to be the maximum advantage on offer for smaller clients.

For a higher deposit of $5000 and up to $25000, the company offers the Semi Educational Account, which comes with slightly more account benefits such as daily market reviews by email, two Academy sessions, and an account manager for three months. Furthermore, the Semi Educational Account holders can enjoy a trading insurance of 25%, which protects up to 25% of the trading capital against trading-related risks. The Full Educational Account is a step up from the Semi Educational Account, which has the same features, albeit with slightly larger benefits. Traders can receive access to a dedicated account manager for six months, five Academy sessions, and a trading insurance of up to 50%, all for a minimum initial deposit of $25,000 to $50,000.

There are two types of Advanced account packages for larger traders, the Semi Advanced Account and the Full Advanced Account. The Semi account provides the option of an account manager for one year, along with 75% trading insurance, access to 10 Academy sessions, and VIP webinars. The Semi Advanced Account may require an initial deposit of $50,000 to $100,000, while Full Advanced Account holders should deposit a minimum of $100,000. The Full Advanced Account is the most premium account option, which offers lifetime personal account manager, unlimited training, and 100% trading insurance. Advanced account holders can also receive a nominal interest on their trading capital, which is accrued at periodic intervals.

There are only two different types of funding options, through wire transfer and credit/debit card payments. The broker does not allow any other online payment options, which severely reduces the flexibility of payments for traders. The higher than normal deposit requirement and a subsequent lack of trading benefits makes it difficult for smaller traders to open an account at Boss Capital.

Boss Capital Bonus

Smaller account holders do not receive a bonus for their deposits. The company has specified a minimum of $5000 for a trading bonus and is as such available for Educational Account and Advanced Account holders only. Investments from $5000 to $25000 qualify for a 50% bonus, while investments from $25000 to $50000 can qualify for up to 75% in bonuses. Advanced account holders receive a 100% bonus for their investments, but we do find it strange that the company does not offer a bonus for its Beginner account holders. Some binary options brokers provide a fair amount of bonus for investments starting from $1. Therefore, consider all the other alternatives before opting for a Boss Capital bonus account.

Boss Capital Demo Trading

Boss Capital only offers a supervised demo account, which means that the demo account is available as a limited and restricted option. Trades can only receive a demo account after opening an account and depositing money into their trading account. The unlimited demo is only available for Advanced account holders, while smaller account holders get a demo account for anywhere between three to 30 days. Boss Capital does not impress us with their demo account options; in fact, we are a bit concerned that the company hasn’t provided any free and unlimited demo for its users.

Boss Capital Customer Service & Trading Resources

Both existing and new clients can contact the broker’s customer service department through direct phone numbers, email, live chat, and physical correspondence. The customer service experience is strictly adequate, and there aren’t that many advantages of Boss Capital’s customer service department against its immediate peers.

Traders do get access to an excellent trading academy, training resources, and live webinars. However, the access to these trading resources is limited according to the category of the account holder. Nevertheless, the broker does stand out in the market for offering one of the most comprehensive trading resources to clients, regardless of the quality of access.

Boss Capital Verdict

  • Large choice of financial instruments.
  • Good payout structure that also offers refunds on losing trades.
  • A solid trading platform.
  • Good bonus program for larger traders.

CONs

    • Not regulated, despite European base.
    • Absence of mobile apps for trading on smartphones and tablets.
    • Bonus only reserved for larger deposits.
    • Restricted demo account.

Is Boss Capital A Scam?

Boss Capital does not appear to be a scam broker, but there some criticisms towards the company’s overall services and customer service interaction policies.

What Are The Deposit/Withdrawal Options?

Traders can only deposit or withdraw through credit/debit card and wire transfer.

Does Boss Capital Offer A Demo?

Boss Capital offers an unlimited demo account for Advanced account holders, but all other account holders only receive a limited period demo.

How To Register For A Boss Capital Account

Traders can register for a Boss Capital binary options trading account using an email address and by submitting some user information. Traders can start trading instantly after opening an account and making a deposit.

Boss Capital Review

Boss Capital Ratings

Boss capital was founded in 2020 and as they say it, they are aiming to provide rewarding and enjoyable trading experience as a whole. Their target is to get binary options trading profitable to all of their traders by offering the latest technology and most profitable options. They are continuously expanding their selection of asset index and bringing the latest and most liquid assets to traders. Their goal is to be excellent broker in every aspect of the experience. All these goals and targets sound ambitious but is Boss Capital worth of their word or not? Boss Capital is not licensed broker by CySEC or any other regulatory body like Malta Gaming Authority , but it does not mean that they are not a trustworthy broker. Unfortunately, After June 2020, Boss Capital no longer accept cusomers from US, so If you are from America check out these recommended broker sites that are accepting customers form United States:Option Robot

Boss Capital Demonstration Video

To open a free trading account click the button below the video

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Claim your free binary option robot, get started with three easy steps:

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  • Min. Investment
  • Min. Deposit
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  • 1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.

    2. The Binary Option Robot Will Predict the Price Movement

    Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.

    3. Decide on how much you want to Invest

    Then you need to decide how much you want to invest in the commodity and when that investment will expire.

    4. Collect your Earnings

    Finally, you collect your earnings (the good part!)

    Boss Capital in a Nutshell:

    • Broker: Boss Capital
    • Founded: 2020
    • Bonus: Up to 100%
    • Return: 70-90%
    • Number of Assets: Over 100
    • Mobile: Yes
    • Demo Account: Yes
    • Minimun Deposit: $250
    • US Traders: Not Accepted
    • Expiry times: 60 sec, 5 min, 15 min, hour, daily, weekly, end of the month, end of the year
    • Deposit: Multiple Credit cards, Visa, Mastercard, Bank Wire, Skrill, Moneybookers

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    Profits are up to 85% in up/down options

    Bonuses and Account types

    Boss capital offers 4 different account types. Those are Bronze, Silver and Gold and then special account for VIP members. Each of the accounts has its own features and benefits. The higher account level includes the benefits of the previous one and some additional features. The features of each account type are following:

    Bronze Account: Deposit $1000

    • Welcome bonus:20%
    • Withdrawals policy: standard
    • Trading webinars included
    • Personal analyst included
    • Risk free trades: not included
    • VIP 24/7 Support: not included

    Silver Account: Deposit $4000

    • Welcome bonus: 40%
    • Withdrawals policy: expedited
    • Trading webinars included
    • Personal analyst included
    • Risk free trades: 2
    • VIP 24/7 Support: not included

    Gold Account: Deposit $5000

    • Welcome bonus: 65%
    • Withdrawals policy: same day
    • Trading webinars included
    • Personal analyst included
    • Risk free trades: 5
    • VIP 24/7 Support: included
    • Fixed increased pay out: Up to 80%

    Gold account is our recommended option.

    VIP Account: Deposit $100,000 +

    Be in touch with the Corporate Division to get this account type

    Boss Capital account types

    Minimum deposit is 250 usd but trader does not get any mentioned benefits with that amount

    Features of the Broker site

    Boss Capital offers over 100 trading assets. The site and platform is really handy and clear and discriptive graphs help traders to follow price movements. They have different names for options types than most brokers. For example boundary is typically named as range. It is an option type where the price will either stay inside the boundary lines or it does not. Trader can choose either of those options and make profit if the investment is correct.

    Boss Capital has great selection for global market commodities . They got 11 different commodities to trade. Most typical commodities such as gold, silver, platinum, oil, coffee and sugar are available. Additionally Boss Capital has some rare commodities such as gold/JPY, gold/EUR, gold/silver sugar and copper that are not found in a typical selection of commodities.

    Boss Capital offers typically from 75% to 85% profits for the investment in a single trade which is slightly above the average.

    Expiry times vary between super short to extremely long. The short term, 60 second category, has also two other option types available which are are 120 second and 300 seconds. 30 second options are not available with this broker.

    Open trades section shows which trades are still on, how much money those involve and when does the trade expire.

    Trade history shows your past trades. Examination of trading history is a good way to learn what has been done right and what wrong. News section right next to trade history tells current events in the market, it is an excellent aid when you consider how economic events could affect the return on certain investments.

    Options selection is quite typical, the regular call/put which has side function of above/ below, one touch, boundary and short term. Long term options are not in their own category but regular up/down includes the possibility to have longer expiry times.

    Boss Capital offers an excellent news section for their traders

    How to Trade With Boss capital

    The software is clearly designed to specifically for binary options trading and every button and feature is right where it should be.Asset selection exceeds clearly one hundred mark with wide variety of stocks, indices, commodities and currencies together.Minimum trade is only $10 so with a small deposit you can still have several trades, make some profits and learn to invest.

    Educational Material and Tools

    Boss Capital Trading Academy offers full blast of material from e-Books and video courses to live webinars. e-Books are excellent guides for trader to binary options world and to understand the importance of a trading strategy right from the beginning. Following e-Book is available to traders with all account types. It deals with the following subjects:

    • How to trade
    • Best trading times
    • Trader’s psychology and behavior
    • Binary options concepts and terms
    • Tips for successful trading
    • How to use trading tools
    • Basic and important trading techniques

    Material in the trading academy

    Video Courses

    In the academy there are seven video courses for beginners, eight for advanced traders and totally seven academy courses. These will cover issues like global trading, binary options advantages, risks and chance, emotions on trading and distribution of risk. In the academy side there are also financial management for beginners, market analysis trading psychology, and introduction to binary options.

    For advanced courses there are passive trading, market analysis, support and resistance, trends, and aggressive trading. In their academy, there are also subjects about winning tactic, basic and advanced technical analysis.

    These courses will summarize quite well everything there is to know about binary options and trading in general. The short guide to the platform, glossary of the most important terms and market news, will support the actual trading with excellence. Material, therefore is, awesomely wide and covers almost everything related to binary options.

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    Mobile Trading

    Boss Capital is aiming to the best broker, so I assumed that the mobile platform is also very functional and easy to use, and I am happy to say that this is correct indeed. Especially impressive graphics and clarity of platform and menus impressed me at first sight.

    Their mobile app will let trading to happen on the go

    Is Boss Capital a Scam or Trustworthy Broker?

    Boss Capital is reputable broker with professional attitude that appears everywhere in their site and platform. They provide coherent experience with proper education and materials for that. Their site is translated to six languages. We didn’t find any suspicious issues from anywhere on the site or from platform. Money transfers also went swiftly and smoothly. With this information we can state that Boss Capital is trustworthy broker with good amount of professionalism.

    Customer Service

    Boss Capital offer longest list of support numbers from different countries that I have seen. Almost totally 50 support numbers around the world is listed on their site, so the help is definitely always near when it’s needed. They also have live chat and support email address to contact if phone is not an option for you.

    Banking

    There are several deposit and withdrawals options including credit cards such as Visa and Mastercard also JCB and VeriSign are supported. Regular Bank wire transfer is also available. Withdrawal takes typically 3-7 days to processed fully. Withdrawals typically cost $30 each but, you get one withdrawal in a month for free with all account types.

    Bankin options are several

    Mobile Application from the Boss Capital

    The traders are offered mobile application which replicates most of the features of the website and allows the trader to have a seamless experience.

    As with any trading, the information plays a critical role in the trading, and the binary options is no exception. The mobile application developed by the Boss Capital keeps you informed and updated with the most popular commodities, stocks, and currency pairs. The app also includes the potential strike price of an individual assets. All the above information is available in your palm and helps you to trade the right asset at the right strike price.

    The mobile application supports the most popular mobile platform; android. The application is professionally designed with user friendly interface to keep you up to date with your trading activity. The mobile application will allow you to trade in the binary options at your time, your place and at your convenience, provided the market is open.

    Available features on the mobile application

    • Payouts
    • More than 130 assets
    • Customer support
    • Secure and safe payment
    • Various option types

    Not only that, the mobile application allows you to access the knowledge center with e-book, and webinars right in your palms. The app also shows the real-time charts and graphs allowing to analysis various technical indicators to make the right decision. You can also get in touch with the multi-lingual customer support through live chat or phone.

    The conveniently placed trading feature makes it one of the best mobile trading application in the market. It also provides signals on the phone, which also helps you in the trading decision.

    The mobile application from the Boss Capital provides a convenient way to trade the binary options even when you are traveling.

    Assets & Option types Offered by The Boss Capital

    Even being the new entrant in the binary trading arena, the Boss Capital offers an extensive list of assets to suit all trader types. The assets offered by the Boss Capital include popular stocks and indices, currencies, commodities, and also it offers pairs of some of the relevant indices, commodities, and stocks.

    The indices offered by the Boss Capital includes the major indices of most countries. The indices available on the website caters to some of the most popular index like Dow Jone (USA), FTSE (UK), Strait Times (Singapore), KL (Kuala Lumpur), ASX (Australia), SSE (Shanghai Stock Exchange), BSE (India), KGI (Kuwait), DSM20 (Qatar), EGX30 (Egypt), Tadwil (Saudi Arabia), MSM30 (Oman), DAX (Germany), NASDAQ (USA), S&P500 (USA), and more.

    The commodities offered by the Boss Capital include the most popular precious metal like Gold, Platinum, and the Silver, also, it includes Oil, Corn, Sugar and wheat. Not only that, the Boss Capital offers an extensive range of currencies to their customers including Bitcoins. Also, the Boss Capital provide famous stocks from around the world including Deutche Telecom, Facebook, Paris Telecom, amongst others.

    Above all, the Boss capital offers several pairs to trade, which includes, FTSE Vs CAC (FTSE versus CAC index), Gold Vs Oil, BMW Vs Daimler, BMW Vs Renault, amongst several other pairs.

    The Boss Capital offers one of the most comprehensive list of assets to trade for the customers. It offers more than 150 assets in total and 30 indices from around the world, also, it allows to hedge through the pairs assets.

    Along with offering one of the most exhaustive list of the assets for trading, the Boss Capital also offers several option types to trade with. It offers both long and short term trading expiry to suit the entire gamut of traders.

    • Call/Put option: This is one of the most popular option type offered by the Boss Capital, also known as the High/Low. In this option type, the customer has right to choose the call option if he thinks the asset prices will rise or he me choose the put options if he thinks the asset price will decrease from the current market price.
    • Boundary:This is a unique option type available in the binary arena, wherein, as a trader, you have to predict the two values for an asset prices between which the asset will expire. If your prediction turns out to be true, then you are rewarded with the payouts.
    • Touch / No Touch:This is one of the simplest option type, wherein, you have to predict whether the asset prices will reach a certain level or not, and for a correct prediction you are rewarded with the payouts.
    • Short-term:The Boss Capital also offers a breathtaking 60-second expiry along with 2 minutes and 5 minutes. The 60-second expiry will surely make your adrenaline rushing through the roof.

    The convenience of Call/Put, Touch/No Touch, and short term option types is well complimented by the number of assets offered by the Boss Capital. Due to the extensive list of assets and suitable option types, the Boss Capital has gained a special place in the hearts of the binary traders.

    Boss Capital Trading

    Deposits and Withdrawals in Detail at the Boss Capital

    The deposits and the withdrawal requirements offered by the binary brokers is a big differentiating factor amongst them. The minimum investment amount, the minimum and maximum deposit amount, and the minimum and maximum withdrawal amount have a potential to change the decision of the visitors to whether to select the broker or not to select the broker.

    The Boss Capital offers secure and safe payment modes through SSL encryption and their website is 100 percent PCI compliant. It supports the most popular credit or debit card payment modes and e-wallets. It also allows the bank wire transfer to make the deposits in the trading account, however, the bank wire transfer takes little longer to reflect in the trading account depending upon the transferee bank.

    The Boss Capital requires a minimum of $ 200 to get you started on their website through e-wallets and credit/debit cards while it requires you to deposit a minimum of $ 500 through wire transfer to start. The brokerage house accepts the payments in major currencies like the USD, JPY, GBP, and CAD. As with several other brokers, the website does not allow you to change the currency preference once selected.

    The brokerage house also restricts the maximum amount one can deposit in a single transaction to $ 40,000. The website compliments the amount of deposits with some exciting account types with some tangible and intangible benefits to suit the various customer needs.

    The Boss Capital’s belief that the investors deposits are for the depositors and that is reflected in their seamless and easy withdrawal procedures. The customer needs to fulfill the Anti-Money Laundering and Know Your Customer guidelines in order to initiate the withdrawal from the website. The Boss Capital does not restrict the amount of withdrawal from their site, however, they cap the number of free withdrawal per month to only one for the standard account holders. They claim to service the withdrawal request on highest priority so that the customer receives their funds in time, however the time to credit in your account vary according to withdrawal methods. As mentioned, they allow only one free withdrawal per month, and charge $ 30 as transaction fees for the subsequent withdrawal transactions.

    The Gold and VIP account holders on the website have an additional benefit of same day withdrawal, and also, the VIP account holders are given added advantage of no charges for the withdrawals.

    It is important to note here that the website allows a minimum per trade investment of $ 25, however, it caps the maximum amount which can be traded in a single trade to $ 15,000. The payouts in the Boss Capital can go up to 89 percent of the investment amount.

    The withdrawal and deposit methods offered by the Boss Capital are world class and provide safer, faster, and secure modes for the customers.

    Signup and Bonuses at The Boss Capital

    The signup process at the Boss Capital is fairly straightforward and requires to enter generic fields like your first name, last name, resident country, contact number and e-mail address, along with the base currency of choice. However, it is important to note that the currency once selected cannot be changed afterwards. The website only allows the adults who are above 18 years of age. The signup up on the website also grants an access to the demo account to hone your trading skills and strategy. The demo account offered by the website is the exact replica of the actual platform and provides unparalleled user experience.

    The Boss Capital offers one of the most generous bonuses to their registered users on their initial deposit. The bonuses offered by the Boss Capital can go as high as 100 percent of the initial deposit, however, the maximum bonus one can receive from the website is capped at $ 10,000. Along with the monetary benefits, the website offers intangible benefits for their 5 different account types.

    The platinum account holders receive the maximum advantages like 100 percent bonus, 5 risk-free trades, and 3 guaranteed profit trades. Also, these account holders receive 1-year free subscription to their trading central, 5 academy sessions, 2 VIP webinars and free same day withdrawal approvals.

    The bonuses offered by the Boss Capital comes with a condition that one has to generate 30 times volume of the deposit amount in order to initiate the withdrawal request for the bonus amount.

    The ease of enrolling and a bouquet of account types are designed to suit the novice as well as the seasoned traders.

    Conclusion

    As a final assessment in this Boss Capital review, we can recommend their services fully, and I am really confident their excellence will continue in the future. There is no reason why they would let their polished and well managed broker organization to collapse by doing something unethical.

    We will give Boss Capital options 4,6 stars out of 5 as binary options broker site. [yasr_overall_rating]

    Open a free account and start trading with Boss Capital by clicking the button below

    Best Binary Options Brokers 2020:
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