Review of Boss Capital
|Support Number||+44 203 519 3488|
|Support Types||Live Chat, Support Email|
|Languages||English, Russian, German, Portuguese, Greek, Spanish, Japanese, Arabic, Italian, French|
|Minimum 1st Deposit||$200|
|Minimum Account Size||$200|
|Minimum Trade Amount||$10|
|Maximum Trade Amount||$7500|
|Bonus||Up to 50% first deposit bonus|
|Free Demo Account|
|Account Types||Standard, Bronze, Silver, Gold, VIP|
|Deposit Methods||Visa, MasterCard, Wire transfer, Electronic payments|
|Withdrawal Methods||Visa, MasterCard, Wire transfer, Electronic payments|
|Number of Assets||200+|
|Expiry Times||24hr, 1hr, 15min, 60sec, 7days, Monthly, End of the year|
|Types of Assets||Currencies, Stocks, Indices, Commodities|
|Option Types||High/Low, Touch/No Touch, Boundary, 60 Second Trades|
|Account Currency||USD, AUD, CAD, EUR, GBP, Yen, RUB|
|US Traders Allowed|
- Low minimum investment
- High ROI
- Doesn't accept US customers
Do you wanna be “The Boss?” Some individuals turn to binary options as a money-making technique, allowing them to control their income potential. With a 9-to-5 job, your boss has control over your assignments. He is unlikely to allow you to outshine him and might even take credit for your work.
That is not so, when you control your destiny using Boss Capital. Now, you can trade when you want, wager what you want and when you win – you keep the proceeds. Isn’t freedom nice and profitable? Here is a review of this popular binary options broker, called Boss Capital.
Broker Review Content
Trading Like the Boss
When you visit the blue-and-white Boss Capital website, you will see a conservative display, similar to a three-piece business suit. It kind of looks like it has been around for many years, but it was only founded in 2014. The headquarters are in Gibraltar, while the physical corporate address is at Shar Planina Street 63, Sofia, Bulgaria. Boss Capital is owned by the Melnic Group Ltd.
The display is quite clear, straightforward and easy-to-use. You will find tabs at the top for “Live Chat,” “LOGIN” and “Open Account.” The entire Boss Capital template seems focused on getting you started quickly.
In fact, there is a “Quick Start” box on the right hand side. Just type in your Name, Email, Phone Number, Location and Currency. Accept the terms and hit the “Register” button. Then you can receive a “free eBook and important information regarding” your account.
Minimum Deposit to Start
All you need is a minimum deposit of USD$200 to get started. The minimum investment is USD$10 and the maximum investment is USD$7,500 – usually most websites don’t list a maximum. The maximum payout is 89% at Boss Capital. Different promotions are run, including the offer for 10 risk free trades.
You can trade hundreds of commodities, currencies, indices and stocks at the Boss. Currencies include the AUD, CAD, EUR, GBP, JPY, RUB and USD. Not many binary brokers offer the RUB, so that is an advantage. If you want to invest in more international assets, not found on other websites, then Boss Capital might be the broker for you.
“Trade in 4 Easy Steps”
Beginners might be a bit intimidated by the whole binary options concept. There seem to be so many steps to trading binary options. Thankfully, Boss Capital has broken it down graphically into 4 easy steps:
The trading types for Boss Capital are fairly standard, including the High/Low, One Touch, Boundary and 60 Second types. Although, the information is not new to binary options professionals, it is presented in an “easy-to-understand” format for newbies. The trade expiry times are quite extensive – 60 second, 15 minute, hourly, daily, weekly, monthly or end of year.
Accounts Determine Features
Just as with most binary options brokers, the better accounts will offer better features. You can test out your trading skills with the demo account. For beginners, you only need USD$200 to open a “Standard Account.” The next level is the “Bronze Account,” which rewards you with a 20% welcome bonus, more webinars and a dedicated account manager.
The “Silver Account” rewards you with a 40% welcome bonus, webinars, expedited withdrawals and 2 risk free trades. The “Gold Account” rewards you with a 65% welcome bonus, webinars, personal account manager, 5 risk free trades and up to 80% fixed increased payout. For the exclusive “VIP Account,” you will need to make a deposit of USD$100,000; this is best for institutional traders, who should contact the Boss Capital Corporate Division, for more information.
SpotOption Trading Software
The Boss Capital broker uses the SpotOption trading software. This SpotOption trading platform has been around since 2010. The SpotOption system might open up in a separate window, when you activate it.
The binary options software technology has become so advanced that many brokers have turned to these common brands. The display for SpotOption is fairly simple with all of the functions at the top of the screen. The graphs are solid, giving you a clear summary of your profit or loss on the right hand side.
While SpotOption lists a number of features on tabs at the top, not all of these will necessarily be available to you. The “Spot Follow” feature is the way that you can engage in “Social Trading” at “Spot Option.” Simply, spy on others to see what trades, they are executing and how successful, they are.
There is no scalping, there are no signals at Boss Capital. If you have an Android mobile device, you can simply go onto “Google Play” to download the Boss Capital app. That is pretty handy, isn’t it?
Money Deposit & Withdrawal
You can choose from the more popular money deposit techniques of Visa, MasterCard, wire transfer and electronic money systems. The money withdrawal takes anywhere from 2 to 6 days with faster withdrawal for those who have better accounts.
Unlike other brokers, the Boss Capital educational trading information is not displayed prominently on the Home Page. Instead, you need to go to the bottom and visit the “Educational Center.” This fact suggests that Boss Capital is catering to a more experienced client base.
When you first sign up, you can receive a free eBook. For beginners, you can read the “Glossary” of basic binary options terms to get acquainted. This helps you learn “How to Trade.”
Once you visit the “Trading Academy,” you will find that the knowledge resources are quite ample – dominated by webinars and training videos. Nowadays, it is easy to get all the information, you need online.
Global Customer Support
You can contact the Boss Capital customer support, using phone, email or Live Chat. You will find international toll-free numbers on the website. The Live Chat tab is at the top of the screen on the right hand side.
The customer support for this broker is 24/7 in 10 different languages: Arabic, English, French, German, Greek, Italian, Japanese, Portuguese, Russian and Spanish. The Boss has satellite offices all over the world. This international breadth might be one of the best features of this broker.
+ 10 Risk Free Trades
+ Quick Start
+ Sleek Easy-to-Use Display
– No Signals
– Lengthy Money Withdrawal
– Limited Educational Resources
Be Bossy Trading Binary
If you want to DIY, show some entrepreneurial panache and be your own boss, then Boss Capital seems to have the features to make you successful. The Boss Capital website is easy-to-navigate with features for beginners and experts. If you are a beginner, you can read the “Glossary,” “How to Trade” and eBook. The “Trade in 4 Easy Steps” is visually beneficial, helping you understand the process, quite succinctly.
Boss Capital is quite streamlined and well-organized – ideal for serious traders. Fans of the SpotOption trading platform will naturally hanker to the Boss Capital website. Unlike other brokers, the “Live Chat” is not a “pop-up window,” but is a tab at the top of the screen.
Overall, the Boss Capital broker offers features for all trading skill levels. It is not really splashy or attention-getting; instead it provides information in an easy-to-understand format. There is also a section for institutional investors. This broker is easy-to-use, straightforward and gives you a simple way to “Be the Boss!”Visit Broker