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Rating: 2.8/5 (5 votes cast)

Boss Capital Review

Boss Capital Options was introduced in 2014 and has already gained quite a following in the binary options market. Domiciled in Gibraltar, it maintains satellite offices in close to 30 other countries across the globe.

Boss Capital - Homepage

Boss Capital – Homepage

Accounts and Platforms

While doing this Boss Capital review, I noticed that the broker has recently revised its account structures and now offers traders a choice of 4 different account types rather than the five they offered previously. Their Bronze Account is a basic package with a required minimum deposit of $1000. It gives traders a 20% sign up bonus. The Silver Account requires a deposit of $4,000 and a welcome bonus of 40% is offered. An initial deposit of $5,000 opens the Gold Account, where a 65% bonus is awarded. The Gold account also benefits from professional trading analysis and 24/7 customer support. A maximum of 80% payout is offered on winning Forex trades in the Gold account.

The VIP account is geared more for experienced stock traders and licensed hedge fund Forex professionals. A $100,000 deposit is needed to open this account. Additional information about the VIP account is obtainable by contacting the broker’s corporate division.

There is no mention of either a demo or Islamic account.

The trading platform at Boss Capital is designed for both beginner and experienced traders alike and is user-friendly and simple to use. Traders can place trades in just four steps and all it takes is selecting an option type and an underlying asset, deciding on the direction they predict the asset will take and entering the monetary value of the trade.

Boss Capital offers four different trading methods: Call/Put, Short Term, Touch and Boundary option, an innovative method where traders can predict a pair of two price values that they believe the asset will be reach by the end of the trade. By predicting the correct boundary, the trade ends in-the-money and the trader wins.

Features

There are over 200 assets to choose from at Boss Capital including currencies, equities, commodities and indices. No hidden fees or extra charges are imposed. There is no regulation.

Education is important at Boss Capital and at their Trading Academy traders can make use of the many educational tools provided. Videos, daily and weekly market reviews, eBooks and webinars are available to all account holders.

Boss Capital provides support in over 8 different languages. The Customer Support team is available 24 hours a day, 7 days a week through Chat and telephone.

All in all, I found Boss Capital user-friendly and easy to navigate. I did feel when doing this review that some information was not readily available and needed to be searched for. Some items were not there at all.

AdvantagesDisadvantages
200 assets to choose fromNo demo or Islamic account
Customer support in many languagesUnavailable information
Boss Capital Review, 2.8 out of 5 based on 5 ratings
Risk Disclaimer: Online-Binary.com will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of Online-Binary.com or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade binary options or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.