Boss Capital – Scam

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Contents

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!”

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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.

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 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

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    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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    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

    Let’s check out all of the features of Boss Capital in our in-depth review

    For binary options traders looking for a reliable broker which offers minimal fees, a variety of trade types, and flexible features and benefits for large and small account sizes, Boss Capital is a website worth considering.

    Boss Capital Company Information

    Boss Capital has been in operation since 2020. While there are some brokers which have been around for longer, Boss Capital has managed to build up quite a stellar reputation within just a few short years. The company which owns and operates the site is Melnic Group Ltd., located in Bulgaria.

    What Makes Trading at Boss Capital Different

    A lot of competing websites which offer binary options trading set high fees for withdrawals, or only offer High/Low trades. Boss Capital has a far friendlier fee structure, and gives you the chance to profit through multiple trades types. This site also provides you with plenty of extra resources and tools to get the most out of your trading.

    Assets Available

    Indices: DOW Future, FTSE 100, Straits Times, KL Future, ASX, SSE180, Bombay SE, KUWAIT, QATAR, EGX 30, TADWUL, MSM 30, DAX, NASDAQ Future, S&P Future, Hang Seng, DUBAI, MICEX 10, ISE 30, NASDAQ, S&P 500, DOW.

    Stocks: Deutsche Telcom, Facebook, Total, Paris Telecom, Tesco, BNP Paribas, Unilever, General Motors, Las Vegas Sands, Disney, JP Morgan Chase, Groupon, Exxon Mobil, Goldman Sachs, Caterpillar, McDonald’s, Fiat, Petrobras, Netflix, Mastercard, Baidu, Dell, IBM, AIG, LinkedIn, Barclays, Amazon, Straits Times, Turkcell, Tata Motors, Reuters, BAE Systems, Rolls Royce, HSBC Holdings, Coca Cola, Sberbank, Lukoil, Google, BP, Gazprom, Nike, Apple, CITI.

    Pairs: RIO T. vs. BHP B., 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 SHENZHEN 300, RIO-AU VS BHP-AU, Gold vs. EUR.

    Currencies: AUD/CHF, USD/SEK, NZD/JPY, EUR/SEK, BTC/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.

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

    Does Boss Capital Offer Bonuses?

    Boss Capital does offer match bonuses on deposits, but you also have the option of accepting trading insurance to cover losses up to a certain percentage of your deposited amount. This flexibility is excellent; many other sites only offer match bonuses! Read the next section to find out about bonus amounts.

    Boss Capital Trading Accounts

    If you are going to open an account on Boss Capital, you can open any of the following account types:

    • Beginner: Deposit $200-$5,000, no bonus ($200 is the minimum deposit).
    • Semi Educational: Deposit $5,000-$25,000, receive a 50% match bonus or 25% trading insurance.
    • Full Educational: Deposit $25,000-$50,000, receive a 75% match bonus or 50% trading insurance.
    • Semi Advanced: Deposit $50,000-$100,000, receive a 100% match bonus or 75% trading insurance.
    • Full Advanced: Deposit $100,000+, receive a 100% match bonus or 100% trading insurance.

    Keep in mind you cannot claim both the match bonus and trading insurance, as the total amount of the bonus you receive cannot exceed 100% of the amount you are depositing.

    Boss Capital also offers demo accounts. Unfortunately, these are severely restricted. If you are depositing $2,000, you only get 3 days to practice. You can get a week if you deposit $5,000, 30 days if you deposit $10,000, or unlimited demo testing if you deposit $25,000 or more. I strongly recommend you find a way to demo test somewhere else before you risk your own money.

    “Each of these account tiers comes with a range of benefits. Even with a beginner account, the benefits are pretty nice; you get free 24/7 support, an eBook, educational videos, market reviews sent out weekly to your inbox, and starter webinars. You also get an account manager for 1 month.”

    At the next level up, you can add on strategy webinars, 2 academy sessions, 3 months with the account manager, and daily market reviews. A tier above that, you get the account manager for 6 months, and you can take advantage of 5 academy sessions. At the Semi Advanced tier, the account manager is there to help you for a whole year, and you receive 10 academy sessions. At the highest tier, you get a lifetime account manager as well as unlimited academy sessions.

    Mobile Trading on Boss Capital

    There is an app available right now for trading on Boss Capital on Android devices. As of yet, I see no app for iOS devices, but I have read that one is on its way soon.

    Boss Capital Deposits and Withdrawals

    You can deposit on Boss Capital using a credit or debit card or wire transfer. The following currencies are available: USD EUR, GBP, AUD and CAD. The minimum deposit via credit card is $200, while it is $500 with a wire transfer. The same methods can be used to withdraw after you provide verification of your identity.

    Boss Capital charges $30 processing fees for wire transfer withdrawals—this is the standard industry-wide. For credit card however, there are no fees. Considering the hefty withdrawal fees charged by many competitors, this is nothing short of excellent. The company blatantly states in the FAQ, “There are absolutely no hidden fees or extra charges.”

    There are minimum and maximum withdrawal thresholds. The minimum is $100 for wire transfer, but only $10 for credit card. This is again awesome, since many sites set a $100 minimum for all withdrawals. The maximum is set at $2,000 per week. While that might be a tad restrictive for some traders with larger accounts, my guess would be that if that is you, customer service would be willing to work with you. For most traders, it should not be an issue.

    Boss Capital Trading Platform

    Last I checked, Boss Capital was powered by Tradesmarter. When you load the platform, you will discover it is very easy to use, and that you can see at a glance where everything is. On the left, you can pick an asset as well as a trade type: Call/Put, One Touch, Boundary or Short Term. On the right, you can view your graph and place your order. Open trades and trade history are displayed below that.

    Here is what I like about the trading platform:

    • On the trading ticket, a simple question is posed. For example, if I click on a EUR/USD Call/Put option, the platform asks me, “Will the EUR/USD at 11:15 close Higher or Lower than the current price?” This language makes trading easy to understand even for complete beginners.
    • A nice variety of trade types are available, including Boundary, one of my very favorite types of binary options trades. Boundary trading is unique, since it gives you the chance to make money even when the market is sitting flat and doing nothing.

    All in all, I think the Boss Capital platform and trading features are great. You will find few other binary platforms which are this user-friendly and well-designed.

    Customer Support on Boss Capital

    I actually have had several experiences dealing with Boss Capital’s support team over the years. The most recent one wasn’t so great—the live chat feature on the website is (as of the time of this review) broken. I think though this will probably be remedied quickly, because in the past, my experiences with the team were great. The wait time before an agent staffs the desk is usually very brief, and the agents themselves are friendly and helpful.

    Trading Features and Resources on Boss Capital

    • The minimum trade size is $10 USD while the maximum trade size is $7,500 USD. This is a huge range, suitable for traders with very large and very small accounts.
    • There are many educational resources offered through Boss Capital, especially at the upper account tiers.
    • Advanced charting is offered with indicators, trend lines, and other tools to help you understand what is going on in the markets so you can plan your trades.
    • You can use “Sell Your Options” to exit trades early.

    Verdict

    Boss Capital was designed with the novice trader in mind. The simplicity of the trading platform coupled with an abundance of resources makes this a great site for beginners. Nonetheless, the high maximum trade ceiling and the functionality of the platform make it an excellent broker for advanced traders as well.

    Pros:

    • The investment size range is non-restrictive and therefore suitable no matter how large or small your account might be.
    • The customer service team is fast, friendly and helpful.
    • There are very few fees, even for withdrawals, and the minimum withdrawal threshold is low.
    • The trading platform is amazingly user-friendly.
    • You get to choose the type of bonus you prefer.
    • Multiple types of trades are offered.
    • Ample educational resources are offered.
    • Early trade is available.

    Cons:

    • The demo accounts are too restrictive to actually be useful for most traders.
    • A lot of the extra benefits and features only are available if you have a significant sum of money to deposit. Those opening basic accounts with the minimum deposit will not be able to take full advantage of all these extras.
    • Is Boss Capital a scam?

    No. Even though this broker is unregulated, they are well-established, have excellent reviews, and offer friendly terms of service. Whereas a lot of competing sites are out to get your money through excessive fees, Boss Capital has made it possible to withdraw your money anytime with no fees via credit or debit card.

    • How can I get started trading on Boss Capital?

    In the upper right-hand corner of the homepage, look for the yellow button which says “Open Account.” Click on it. This will take you to a page where you can fill out your basic personal information on the left and your account information on the right. Choose your account currency and set your password, and then click, “Open Account.” You can then make your first deposit and start trading.

    • Who should consider trading on Boss Capital?

    Anyone! I think this site is ideal for total beginners because it is so easy to use, but intermediate and advanced traders will appreciate the streamlined platform and the extra features and benefits too. And being able to say goodbye to withdrawal fees is awesome all around!

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