Boss Capital Review

BrokerBosscapital-logo
Website URLBoss Capital
Founded2014
HeadquartersGibraltar
Support Number+44-2034045709
Support TypesNewsletter, Phone, Chat, Email
LanguagesEnglish, Russian, German, Portuguese, Greek, Spanish, Japanese, Arabic, Italian, French
Trading PlatformSpotOption
MIN deposit200$
Minimum Trade Amount 10
Free Demo Account NO
RegulationNO
Number of Assets110+
Account Types Standard, Beginners, Gold, Platinum
Deposit methodsCredt/Debit Cards, Bank Wire
Account Currency USD, AUD, CAD, EUR, GBP, Yen, RUB
US Traders AllowedNo
Overall Score6.8

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Boss Capital review

This is also one of the companies that doesn’t have many complaints, which would mean that there won’t be much trouble if investing with them.
Let’s talk about the website itself. Well- organized and easy to use tools can be found. All the information needed is there, but nothing is written in much details, the waste of time to be avoided, certainly.
The update from 2016’s shows that the analysis by Trading Central ( the leading investment research provider) has been done, which passed very well. This increases the trust and confidence of the firm, everyone investing here can be tranquil.

 

Should I open an account in Boss Capital?

This company has 200 assets with global focus to be chosen, which is a very good side of it. Except from High/low binary trade, One touch/No touch and Inside/outside are also available. An additional feature, very suitable and convenient is above/below. This is a ladder style option in which the trader chooses if an option will finish above or below a target strike price.  In comparison to others, this company has better expiry times, which would be from 60 to 300 seconds. Talking about long term assets, there can be found those to the end of the week, end of the month, and end of the next month. Tools for processing the money would be credit card, wire transfer and MoneyBooker. As always, minimum deposit is 200$ with 25$ trade minimum- good news for the new investors. The bad news is that the minimum deposit for wire transfer is 500$. Another good news is that withdrawal period is, according to the 2016’s update, lowered from 14 to 9-10 days. there are some privileges for some users, for example, Gold and VIP account users will not pay 30$ for a withdrawal. For all the users, the first withdrawal in a month is free, while the others are paid 30$, except for the users of the Gold and VIP account, as said previously.  Talking about the bonuses, they will be based on the account size. For further information, the account representative shall be contacted.

Complaints on Boss Capital

Being a relatively new company, there is no lack of comment online. The fact is that nothing serious or alarming can be found. A great part of comments is based on not reading the Terms and conditions. But, the overall impression is that the broker is pretty well received.

With the newest update, nothing has really changed, even though there are some negative comments and complaints, it cannot be taken so serious, because everyone has some cons on his side.

Bonus Offered by Boss Capital

Before taking any bonus, one should check if that will serve right in the end due to the fact that minimums vary according to the size of the account.

Boss Capital Money Withdrawal

About changing things, the terms should be written a bit more clear, they are not stated right, so there shall come to a kind of misunderstanding, which is always good to be avoided. After the request is submitted, it would take 14 days, even less maybe, according to the newest update, for the money to be withdrawn. Gold level account would have to wait the same time for the money but they would get it for free.

Boss Capital Ratings

User-friendly 8/10

Many information are given on the first page of the platform, but it can get quite confusing, with no way of reaching educational and support material from there. 6 different languages are available.

Assets 8/10

With the expiry times from 60 to 300 seconds, this is one of the best tool of the company. Plus, the assets are very well represented and organized.

Commissions, Support and Effective returns 9/10

With a rep calling almost immediately after signing up, and explaining very briefly, there is no place for misunderstanding and confusion. Here, we are also talking about standard withdrawals, with the first in a month free, and all the others paid 30$. Support is something that cannot be criticized, as being quick, attentive and ready to meet the needs whenever needed. Their answers are loud and clear, well informed.

Deposit, Payments and bonuses 8/10

MoneyBooker enables depositing directly from the account without much trouble. With the Gold account, there is a privilege of getting the money the same day. Otherwise, the payment will be done within 14 days as almost everywhere else. Bonuses are available and depend on the account size and other promotions.

Extras 7/10

Even though there would not be much problem about working with this company, charts seem to be incomplete and usable for short terms. To do a good trade, it is a pity that one should use more than one platform. The platform from 2014 is very user-friendly and has high quality charts which can be used easily even when someone lacks the experience. They also have a nice early out feature that allows longer term traders to lock in profits or reduce losses before option expiry.

Summary
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Boss Capital
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