Boss Capital Binary Options Broker Review

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Boss Capital

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Boss Capital Review – Archive

Boss Capital is one of the newest brokers on the market. This broker was founded in 2020 and is headquartered in Gibraltar. The broker is built on the Tech Financials platform and offers a decent trading package. This isn’t the best broker I have ever seen but it isn’t the worst either. They have a decent asset list, good options, adequate expiry and decent terms but no one feature that makes this a must-use broker. On the bright side it is a good choice for us U.S. based traders who are having our options, no pun intended, dwindle. If you are not familiar with Tech Financials it is one of the leading providers of binary options platform solutions and white label brokerages.

Banking

Boss Capital utilizes the Swiss banking system. Your deposits are held by BSI Bank Zürich. The minimum deposit is only $200 and can be made by wire or credit card. There are 5 account levels with different benefits for each. The basic account is good but as you move up you can get faster withdrawals among other account specific benefits. In order to make a withdrawal you will have to complete the ID requirements and submit a request. The terms of use state without question that all withdrawals will be paid within 7 business days. The 7 day payout period is for the standard account only. The next tier up, with a balance up to $5,000, has faster withdrawals and starting at the next tier, over $5,000, withdrawals are same day. There is one free withdrawal allowed per month, as you move up the account tier the fee gets waived.

Bonuses are available from Boss Capital. The standard account is eligible for a 30% bonus with that amount growing as your initial deposit grows. Executive accounts, over $5,000, can get a bonus over 50%. The trade minimum is 30X the bonus amount and this must be met before you can make any type of withdrawal. This is pretty standard for the industry and one of the reasons why I don’t recommend bonuses as a rule.

Platform

Boss Capital uses the Tech Financials platform. It is one of the leading platforms but I don’t like it as much as some others like SpotOption and even proprietary platforms like Anyoption. However, it is not all bad. Mostly what I don’t like is the look and the lay out. It’s a little busy and not quite user friendly, at least when compared to other top brokers. Moving past may aesthetic criticisms lets look at what the platform has to offer. The asset list is quite large and when I checked for live trading most were available. There are over 200 in total with more than 25 indices, a dozen currency pairs, 8 commodities, 14 pairs trading and over 100 stocks. The indices include all the major U.S., EU and Asia-Pacific indices and things like Bombay, Dubai and Moscow. Currency pairs include all the most heavily traded currencies and Bitcoins. The commodities include gold, silver, copper, platinum and coffee, wheat and sugar.

BossCapital has good options as well. There are the standard high/low digital trade but in addition to that they have Above/Below to. There are also Boundary, One Touch and Short Term trading. Above/Below trading has a strike price set by the broker and then you trade on whether or not the asset will close higher or lower than that strike. This is a great way to trade because it means there are time whenyou can buy a position that is already in the money. The Boundary trading has in and out of boundary options and the Touch trading has touch/no touch options. Short Term is where you will find the 30, 60 and 120 second binary options.

Expiry is pretty good too. It’s not the best but it is above average. Short Term expiry is as I said; 30,60 or 120 seconds. After that there are at least 1 if not 2 or 3 intra-day expiry’s as well as end of the week and end of the month. Not all expiry are available for all assets, the most heavily traded will have the most expiry’s. Payouts run in the 75%-85% range on most binary trades. One Touch and Range options pay more. Some one touch options can pay as much as 350%. Depending on which account level you are you may be able to get higher payouts. The VIP accounts will get 89% payout on all winning binary trades.

Extras

There are not too many extra’s here. BossCapital has an early closure feature available for some trades but that it not so special anymore. Their banking system is good. I like the way they reward traders for having higher balances. The standard account is OK when compared to the average broker but the services get much better as your account grows.

Boss Capital Broker Review

�� Demo Account:
⚖ Allows Hedging:
�� Allows Scalping:
�� Headquarters: Cyprus
�� Founded:
�� Trading Platform(s): SpotOption
�� Regulating Authority(s):
�� Minimum Deposit: 350
�� Maximum Leverage:

Visit Boss Capital
Risk Warning: Your capital may be at risk

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Our Review of Boss Capital

Boss Capital Review : Company Overview

Boss Capital provides an online trading platform for both new and experienced binary traders; it uses the FinancialTech platform, and it has over 150 individual stocks, commodities and currencies available for trading as binary options. Traders can invest based on whether the price of a stock, index, currency or commodity will increase or drop; whether it will reach a certain target price or whether it will remain within a pre-set boundary. Training materials and a training academy are also available for less experienced investors.

Types of Account and Opening Procedure

Users can open an account just by clicking on the “open account” link and supplying a valid phone number and email address. A letter of validation is sent to the email address, and once the account is validated and the minimum deposit has been paid, investors can begin trading. There are five account types depending on the size of deposit: mini, starter, silver, gold and platinum, with deposits ranging from $500 to $25000. Silver accounts and above give access to an account manager and senior market analysts.

Promotions and Bonuses on Sign-up

This broker offers a bonus of 10 risk-free trades on sign-up; these range from 25-100 per cent of the initial funding depending on the package selected. For gold package holders, there is one guaranteed profit trade and three for those with platinum packages.

Fees and Commission

There are no ongoing fees, but there is a charge for commission: for a successful trade, investors will receive 85 per cent of the sum invested; for an unsuccessful trade, investors will receive back 15 per cent.

Platform Review and Apps

The FinancialTech platform has been tried and tested by many similar companies, and it is simple to use with a clear layout. All the trading options are clearly shown beneath the graphs, making the platform user-friendly. For those wishing to trade around the clock, there is a free Android app, with an upcoming app for iPhone to be available in the future.

Ease of Deposit and Withdrawal

An initial minimum amount of $200 is required to begin trading; this can be made by debit or credit card and by wire transfer. However, wire transfer requires an initial minimum funding of $500.

Withdrawals can be completed on request following validation of identity and bank account details, and the amount will be returned to the same card or account. Wire transfers will attract a charge of $30. It is important to note that there are specific rules on the withdrawal of the balance promotional offers: account managers will discuss this on a case-by-case basis with account holders.

Safety and Regulation

Boss Capital are not licensed by CySEC, and they are therefore not regulated. While there is nothing to suggest that they are a scam, investors should exercise caution; binary trading is high-risk, and the potential to lose capital is high. The broker is PCI compliant, so credit card and other financial information should be safe.

Boss Capital Review

Introduction

Boss Capital was founded in 2020 and initially stood out because it was one of a minimal number of binary options traders that accepted US customers; however, since 2020, this hasn’t been the case. They are committed to positioning themselves at the top of the binary options brokerage list, and they incorporate the latest technology and industry experience to ensure they succeed.

Boss Capital offers nearly 120 different assets to trade and offers multiple ways of trading and the chance to enjoy profitable returns. The platform is enhanced by the extensive range of tools that they have designed, and it ensures that all traders have the option of trying new and different ways of trading while also keeping the most regularly used and popular trade types available.

They offer amongst the highest payouts in the binary options market, and the company is run by the same people who run TradeRush and Redwood Options whom we have found to be legit. There are many top features which make Boss Capital stand out and make it one of the best brokers out there.

In this review, you will learn:

    How the trading platform helps you make profits What areas make Boss Capital a top broker The key features of their trading software

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Account Types

This broker offers a comprehensive range of different account types for varying levels of trader. There are five different types in total, including a free Boss Capital demo account on request and the others stem from Mini to Platinum. Below is a closer look at each account type.

Mini Account

Mini Accounts are the standard account that you open when you make a first deposit of less than $500. Mini account holders receive a welcome bonus of 25% and will benefit from access to the broker’s webinars, educational videos and their digital eBook.

Starter Account

Starter Accounts are available when you deposit $1000-4999, and you will receive a 30% welcome bonus. You will gain access to all the resources that Mini Account holders can access and will also receive a courtesy call from a market analyst and regular market review emails.

Silver Account

Boss Capital recommend their Silver Account, and it is available for all traders who make an initial deposit of $5000 to $9999. It comes with a welcome bonus choice of either 50% deposit bonus or 1 risk-free trade, and it comes with all the additional resources of the Starter Account. The extras you receive as a Silver Account holder include your personal account manager and one expert Trading Academy session.

Gold Account

Gold Account holders need to have an initial deposit of $10,000-24,999 and will get the benefit of a choice of three welcome bonuses. You can choose between a 75% deposit bonus, three risk-free trades or one guaranteed profit trade. You will also receive all the benefits of a Silver Account with an additional Trading Academy session and signals webinar access.

Platinum Account

The most elite account is the Platinum Account and traders must have deposited $25,000 or more and will receive a generous 100% deposit bonus or five risk-free trades or three guaranteed profit trades. This level of account comes with all the benefits of a Gold Account with three additional Trading Academy sessions, personal contact with the broker through Skype, email or phone, weekly signals via email and same day withdrawal approval.

Trade Types And Payouts

A fair range of trade types are offered and have a maximum return on investment of 85%, with up to 360% available on some of their highest yield options. The trade options they have available are:

High/Low Trades

High/Low or call/put options are one of the most popular types of option. Place your trade on whether you expect the price of an asset to be above or below the current level by the expiry time.

One Touch Trades

One of the simplest ways to trade, One Touch options are based on choosing whether or not you think the market will touch the target price at any time before the expiry time.

Boundary Trades

Choose between In and Out and predict whether you believe the market price will close within or outside the upper and lower prices by the expiry time.

Boss Capital has positioned itself as an educator as well as a very reliable brokerage.

Bonuses And Promotions

The extensive range of bonuses available for traders at Boss Capital is highly dependent on their account type. You can expect a welcome bonus of anything between 25% and 100% based on your deposit level and any bonuses you receive can be used to boost investments and potentially increase profits.

The bonuses and promotions you’ll enjoy when you sign up as a member will be down to your preference of account type from day one, or you may achieve more bonuses as you move up the levels the more you use this platform.

Mobile Trading

Boss Capital is accessible for mobile players on all devices, but they only have a mobile app available for Android users. This works out OK for iOS (iPhone or iPad) users because the website is fully optimised and responsive so can be accessed with ease via Apple devices through the regular browser.

The Android app has practically the same functionality as the web-based platform, although slightly fewer assets can be traded. The app features almost all the features you can enjoy on the website, including over 130 tradable assets and the confidence that any deposits or withdrawals are as safe via the app as the website. The app also provides the same 24/7 customer support as the regular web-based platform, making it easy to get in touch with the broker if you have any queries or issues.

Deposits And Withdrawals

Boss Capital is committed to ensuring a safe and secure platform, both web-based and mobile, and you can fund your account in a wide range of ways including via credit card, bank wire transfer and electronic payment. They are also PCI Compliant, which means they offer peace of mind and security when it comes to your financial details, which are never stored or shared, for your protection. The minimum deposit is set at an acceptable $200.

You can make a withdrawal from your account at any time, although there is a minimum withdrawal amount of $100 for wire transfer customers and $10 for those using credit cards. There is also a maximum withdrawal of $20,000 for credit card users in place.

Please be aware that when you sign up for Boss Capital and make your first deposit you will be required to submit identity documentation, and this is necessary before you will be able to invest in the site. If you fail to provide valid identification, you may experience withdrawal problems.

Special Features

Boss Capital has positioned itself as an educator as well as a reliable brokerage. They have a keen focus on providing great content for supporting their traders to make better predictions and ultimately achieve higher profits.

They offer a massive range of educational features in their Trading Academy, which is all designed to improve your trading experience. The educational resources available include video courses and eBooks, as well as regular webinars and these tools, can all help your experience at the brokerage improve, and your profits increase.

Boss Capital also offers a wide choice of account types which give traders an individual experience on their platform, and they reward loyalty generously.

Customer Support

Boss Capital is a company with a global presence, and this gives them the upper hand when it comes to customer support contact. They have offices in 40 countries around the world, and this means they can provide country-specific phone numbers, and they provide 24/7 customer support with eight different languages available.

It is possible to contact your local Boss Capital support office via telephone as well as send emails and use the live chat function on the website. The customer support team are knowledgeable, friendly and are dedicated to offering a high level of service, with a genuine interest in binary options trading and a commitment to providing customers with the support they require.

Here are the contact details for Boss Capital:

    Email – [email protected] Phone – +54 115 984 1837 Address – Cheshire Capital Ltd, Cavell House Stannard Place, Crispins Rd, Norwich, NR3 1YE, UK

Conclusion

Let’s sum up our Boss Capital review here. Boss Capital is a high-quality brokerage with a core focus on providing an educational and informative experience for their traders, to help improve their experience and their profits. It is straightforward to use platform which performs well in both its web-based form and on mobile. This ease of use also makes it a great choice for new traders who can benefit from the educational resources and simple site design. From the tests and research, we performed, they are not a scam broker who has any serious complaints against them. We made many tests and most importantly, we didn’t have any withdrawal problems.

They make trading fun and give the trader the power to make good, reliable predictions thanks to their wealth of support and guidance through their in-house Trading Academy. The diverse range of account levels ensures that traders who stick around get rewarded for their loyalty and they recognise the commitment of traders who make substantial initial deposits. Boss Capital is one of the leading binary options brokers online, and you should feel confident in making your investments through their platform.

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Frequently Asked Questions

Is Boss Capital legit, will they scam me?

We do not put our name to a broker unless we are 100% confident that they are legitimate. Our teams of experts carry out lots of research to ensure that we only bring you the best brokers.

Do they have a decent mobile or tablet app?

Boss Capital only have an app available for Android users from the Google Play Store; there is no app available on the App Store. This isn’t a problem as their mobile website is excellent.

What bonus do they offer new traders?

Boss Capital offers a bonus to new traders of between 25% and 100%. Again, like many other brokers, the amount of bonus you receive depends on the account you open.

Can I start trading on a free demo account?

Yes, you can many recommend that you start trading on a demo account. To take advantage of a demo account, you do need to open a basic account which requires a deposit of $200.

What’s the minimum deposit and trade amount?

The minimum deposit is $200, and the maximum is $40,000 when opening a Boss Capital account. To trade the minimum amount required is $25, so it is not the cheapest in the industry.

Robert has consulted for our website for five years and is a well-established member of the team. While he is passionate about the site, most of Robert’s time is focused on his current position as CEO of a professional coaching company.

Boss Capital Broker Review

Boss Capital, founded in 2020, is among one of the utmost state-of-the-art binary options trading platforms present on the web. Continuously implementing the latest trends on the market and offering a diverse assortment of assets, clients are certain to receive a rewarding trading experience. Its high payout rate of 85% makes Boss Capital appealing when choosing a platform to trade on along with its many other superb aspects. This platform is ideal for any type of trader ranging from rookie to veteran, who would like to use the most user friendly platform on the market.

Review Overview

Bonus – 83%
Software – 66%
Customer Support – 67%
Options Choice – 64%

Awesome tools

Summary : Excellent Broker

Trading Tools/Assets

Equipped with a rich collection of over 200 tradable assets available to clients, Boss Capital appeals to the majority of traders worldwide. The types of assets offered are commodities, currencies, stocks, and indices. Traders can feel confident by investing in familiar assets such as, JP Morgan Chase, Fiat, SSE180 (Shanghai Stock Exchange), Nasdaq Future, EUR, GBP, USD and gold. The platform also has several different trading option features such as the widely used Call/Put option, One Touch, Boundary and Short Term. With the Boundary option, clients can decide whether the asset price will stay in a target price range or not.

Bonuses on offer at Boss Capital

Boss Capital rewards all of its traders with an automatic welcome bonus upon registering. It is making itself a fierce competitor with the numerous advantages it provides clients. After the first deposit made, traders are awarded with a bonus ranging anywhere from 25% to 100%, depending on the amount of money placed and what account package they chose. Other account perks are also given such as accelerated withdrawal and risk-free trades.

Educational Academy

Boss Capital makes it easy for beginner traders to get started through its enriching educational academy filled with informative content. Users receive a free eBook, videos and webinars upon sign up, which all meant to enhance traders’ knowledge resulting in higher profits.

Customer Support

Boss Capitals primary objective is keeping its traders satisfied meaning its customer support team is a very important aspect to its platform. If any account holders need help, a knowledgeable customer service team is available 24 hours a day, 7 days a week via live chat, e-mail or by phone. They cover any issues that fall under technical assistance or any problems a client is having on the platform. Support is offered with toll-free numbers in 6 continents and 20 countries, in over 10 languages. This makes Boss Capital suitable for international clients.

BossCapital.com Review

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Consumer Reviews

Beware of Boss Capital!

I’m 71 years old and no Newbie to trading. With my Dad’s help, I bought my first stocks (a mutual fund) when I was 13 and I’ve traded off and on, ever since. Just before the 2008 crash, I got out of stocks and didn’t trade for several years. For several reasons, I became intrigued with the Forex market and began exploring it and eventually Binary Options, when they appeared on the scene.

At some point while trading FX, I noticed a semi-regular price pattern that occurred and began developing a template with indicators to focus on the pattern. It soon became apparent that this system would be a great candidate for Binary Option trades and I began delving into the murky world of Binary Option brokers. After several false starts with several different brokers, I settled on Boss Capital. They were rather new, but I couldn’t find any strong negative reviews or reports about them and while their platform wasn’t as flexible as others, it would work for my testing.

One of the lessons that I learned, early in my 50+ year business career, was that one should never just tell lawyers, accountants, politicians, and brokers to just do what THEY think is best — because they will eventually end up with all the money you allocate them. In my dealings with Boss Capital, I don’t know why I ignored that old axiom, but I unfortunately did.

So, soon after I opened and funded my account in order to further my system testing with Boss Capital, the phone calls and fabulous touts from their brokers started. Alex Cortez was the first to phone and I attempted to explain to her that, for many reasons, I preferred to use email and did not like to discuss my trading over the phone. I didn’t give her my reasons for wanting to primarily use email, but the main one is that I want a “written record” of who told whom, what. She seemed rather dismayed that I wouldn’t talk to her, but called again a few days later – AT THREE IN THE MORNING. Now, since my wife sleeps with the phone next to her bed, this call woke her up from a deep sleep and caused a real damper on her next day, when she had to give a rather critical presentation.

So, after Alex had pretty well blown her relationship with me, I assume that my account was transferred to Jacob Becker, because he was the next Boss Capital broker to call. After I requested that we rely on emails and not the phone, he started a barrage of touts that made statements like, “Guaranteed Profit Trade . Insure your investment and the Profits.” Now tell me, fellow trader, who could resist at least not exploring that greed driven prospect? As it came to pass, I couldn’t and thus began my spiral down into Boss Capital’s Trader’s Hell.
Jacob’s reply to my reply started with this:
“Hi Terry,
Thank you for your mail.
Yes, if the trade expires out of the money – your investment and the expected profits will be payed back into your account (as a bonus).
It’s very important to point out that guaranteed profit signals ( issued rarely by Boss Capital) are highly unlikely to expire out of the money,they have extremely high success rates otherwise the company will not be willing to insure the investment and the profits!”

So, I took the hook and after more than a dozen emails that were required to negotiate an additional $5,000 into my trading account, Jacob again mentioned that the earnings report was coming out and since time was of the essence I needed to do one more thing and immediately sign the attached contract, “ASAP” so he could give me the critical tout. I hurriedly skim read, signed, scanned and emailed their “Guaranteed Profit Agreement” back to him/them. The critical couple of sentences were, “The Client receives _1___ Guaranteed Profits Trades in the sum of _5000__ each. If these trades are unsuccessful, the client will receive a bonus equal to the investment lost and the expected payout amount with a trading requirement of bonus x30___ starting from the date the funds for the Guaranteed Profit Trades are added.“

Now, I KNOW that I should have had one of my lawyers take a look at this, before signing. However, time was critical, because the earnings reports were due out any minute and I know that none of my lawyers could possibly take time to evaluate this before my greed driven opportunity was lost; or so went my in the moment rationale. Besides, when it was all said and done, my legal fees would have probably eaten up most of another $5,000, anyway.

As soon as they had my signed copy, they gave me the tout and I opened the trade, just as they told me to. However, the “highly unlikely” turned out to be highly likely and the trade didn’t end up in the money. So, after some time and a several gentle email reminders, Jacob had my account credited with the full amount of my trade capital ($5,000) plus the 70% return ($3,500) that I was supposed to have made, for a total of $8,500.

So, at this point I’m feeling pretty good! Even though the trade lost, my account balance has increased by $3,500 and I’m ready for the next “Guaranteed Profit Trade.” At some point, when I email Jacob and asked him to include me in the next trade with a similar opportunity, he told me that I’d have to put up a minimum of another $5,000 for another trade. When I asked him how Boss Capital could afford to keep making such agreements, he said that they anticipated making up for their loses through future trades.

Sure enough, another “Guaranteed Profit Trade” deal came along and since I couldn’t use the funds in my account for new trades, I ponied up another $5,000. This time, the trade went in my favor and there was no need for the guarantee to be activated. Then came the third trade and I started asking about why I had to come up with a “fresh” $5,000 and couldn’t just use some of the funds already in my account and that was when THEIR reality began to slightly creep into MY reality. Anyway, not to worry, since Jacob was going to give me solid touts that would explode my account balance.

Even so, I really began to press them to tell me if I could even withdraw ANY of my funds. No, that wasn’t allowed until I satisfied all of the terms of my “bonus.” It finally came out that the 30X meant that I had to “repay” not just the bonus money of $3,500 times 30, but my “buyout” to access ANY of the money in my account was 30 times MY $5,000 plus the $3,500 for a grand total of $255,000! If, at any time I tried to withdraw ANY of my funds without first creating a balance of $255,000, then I forfeited ALL of the money in my account!

By this time, my account was passed along to another “broker” who declared that he – Josh Miller — was not just a broker, but a Senior Analyst, and he had a diversified plan that would make me rich. At this point, I was being worked over by three of Boss Capital’s best and it wasn’t fun. I was now no longer working on my system, but trying to figure out how to “liberate” ANY of my invested $15,000 by earning $255,000 by using THEIR touts, the last of which had gone bust, too.

By now, my account is at about $12,000 and I go into partial Beta mode with my nearly completed system and I start really noticing some of the problems with their trading platform. On several occasions, I had observed that some of my trades were slow to fill, but just took it to be the result of heavy traffic. But then, one day, the little chart and live numerical readouts, started freezing up. I complained and they reversed the trade, the first time it happened. However, with several other trades that followed, they (their support personnel) stopped reversing the trades and claimed that I needed to change browsers, which I did. Then they claimed I needed to clear my cache before each session, which I did and still the screen freezes kept occurring and finally, a trade – which I was simultaneously monitoring on my MT4 platform – was WELL into the money and their system finally even declared that trade a loss, as well. I haven’t even bothered to complain – as it doesn’t do any good, anymore.

As for the three brokers, well they kept sending me touts and showing THEIR alleged winning results, but never any major losses. When I called one of them on it, asking why they didn’t show their considerable losing trades (which I took the time to follow up and plotted from their touts), asking if their trades were made with House money and not their personal funds and even if their posted results were perhaps Photoshopped – they all three promptly stopped responding to any of my emails, as I’m certain that, since they consider me a skinned, drained and now useless former client.

I’m taking the time to relate all of this to you, my fellow traders, in the hopes of providing you with enough information to dissuade you from doing ANY trading with Boss Capital. I certainly would like to retrieve all, or even some, of my money, but don’t see too much help on the horizon, for that to occur. If you would like more details to confirm my story, including emails, documents and screen shots, let me know and I’ll gladly forward them on to you.

Best Binary Options Brokers 2020:
  • Binarium
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    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
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    Only for experienced traders!

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