Boss Capital is a top binary options trading destination that offers more than 200 assets, education materials, bonuses and excellent service. This broker was founded in 2014 and quickly it managed to become one of the easiest binary options trading sites to recognise thanks to its modern and attractive design. Marblestone Partners Ltd. is the company that owns Boss Capital and it’s based in London, the UK. This trading site provides a safe trading environment and holds the reputable VeriSign seal of approval. Besides trading on desktop and laptop devices, users also can trade on the move thanks to Boss Capital mobile app.
Trading Offer
Boss Capital is a well established binary options trading site that uses the popular TechFinancials platform. The operator offers more than 200 assess separated in four categories: indices (CAC-40 Future, SMI-Future, Qatar Index), forex or currency pairs (EUR/USD, GBP/JPY, USD/CHF), stocks (Barclays, Ericsson, Netflix) and commodities (silver, corn, coffee). The platform, that can be instantly started, offers four types of trading as well. Therefore, users can choose whether they’re into call/put, one touch, boundary or short term trading and go for it. The last type of trades offers the extra fast 60 seconds trades as well as 2-minute and 5-minute trades.
It has to be pointed out that the payout rate at Boss Capital goes up to 85% and that’s considered to be a reasonable value. This online broker offers five different trading account packages that require a minimum investment of $/£/€500, $/£/€1,000, $/£/€5,000, $/£/€10,000 and $/£/€25,000. Some of these include a personal account manager and broker consultations that can be very helpful to both new and experienced traders. It has to be pointed out that the platform is completely point-and-click affair; this makes it easy to use and fast to respond. Neither glitches nor crashes will irritate traders while they’re at Boss Capital. When it comes to trading limits, the minimum amount for short trades is $/£/€10, while for all other trades $/£/€20.
The platform offers many useful trading tools such as stop losses, even though this tool doesn’t apply to binary options trading since the winning and losing amount are determined prior to opening a particular trade. Traders that will join Boss Capital have to know that any abusive trading techniques such as scalping, which try to manipulate the system, are strongly forbidden by the operator and result in termination of the trading account.
Spreads, Fees, Margins
Just like 24Option, Boss Capital boasts with zero spread, controlled risk investment and no hidden fees. Boss Capital provides fixed and predetermined returns that are a common thing for all other binary options trading sites. However, the operator provides flexible trading methods that make the whole process very enjoyable and far from complicated. The claim that Boss Capital doesn’t include any hidden fees is pretty legit since traders can easily find out how much and what for they’re paying. For example, aside from the one free withdrawal per month, there is a standard $/£/€30 cashout processing fee that is mentioned on various locations on the site. Additional fee that users may have to pay is the inactivity fee of $/£/€50 if the client’s account hasn’t been used for six months or more. Inactivity of four years or more results in a termination of the account. The minimum amount users can deposit at Boss Capital is relatively low $/£/€200.
Bonus Information
There are five welcome packages available to newly registered customers at Boss Capital. Naturally, the bonus amount depends on the initial investment a trader is ready to make at the broker, thus the match percentage can vary from 25% to 100%. In addition to the basic mini and starter packages that come with 25% and 30% bonus only, there are packages that come with risk free trades and guaranteed profit trades as well. Thus, the silver account welcome bonus consists of a 50% match bonus and a single risk free trade, while the gold offer includes 75% bonus, three risk free trades and one guaranteed profit trade. The best offer is a 100% bonus, five risk free trades and three guaranteed profit trades available to platinum members only. The minimum deposits for the offers are as it follows: $/£/€500, $/£/€1,000, $/£/€5,000, $/£/€10,000 and $/£/€25,000. The bonus has to be wagered 30, 40 or 50 times, depending on the particular offer.
Since it was already mentioned that there are five different account types at Boss Capital, it can be concluded that there are five VIP tiers as well. Depending on the account type you choose, you can expect some pretty generous benefits from the operator. For example, some rewards traders receive are educational videos, courtesy calls from market analysts, market reviews, account manager, weekly signals, same-day withdrawal approvals and etc. Furthermore, on various occasions Boss Capital knows to surprise its customers with interesting bonus offers and promotions. Sometimes, traders at this binary options broker are treated with cash back deals, while other times they get risk-free trades and so on. Unfortunately, the operator doesn’t offer refer a friend programme for now. Nevertheless, its currently active offers give Boss Capital the right to boast with generosity towards its new and regular customers.
Website
From a purely visual point of view, Boss Capital has a pretty simple, yet well designed website. All in white and blue shades, it pleases the eyes and doesn’t take away the focus from the primary reason users access it – binary options trading. This simplicity makes Boss Capital very user-friendly as well as easy to navigate; everything you need is two clicks away at most. The trading platform can be accessed in a moment and it’s loaded in a second or two; naturally, the total loading time depends on the users’ Internet connection too, but in most cases it needs no more than 5 seconds. Traders aren’t required to download and install any software into their computers, since the TechFinancials platform is available in instant-trade mode. This means that you can access it directly from the website and open trades using various desktop devices. In addition, Boss Capital is available on mobile devices as well. Users can download a native Android app to trade on the move, plus it supports iOS devices too.
Boss Capital is an operator that takes a good care of its users and thus traders can find lots of useful information on the operator’s website. For instance, there is a whole trading academy that provides guides on how binary options trading works that’s extremely helpful to rookies. At the online academy users can find Boss Capital eBook, courses and glossary as well as market news. Knowing the latest happenings on the market is crucial for making smart trades. Additionally, the website includes an economic calendar that reminds users of upcoming events that shouldn’t go unnoticed. Free live trading signals are also available, but only to certain account types. Full demo account is not available, but users can try the mini demo version featured on the homepage to see how most things function.
Banking and Payment Options
Traders that want to test their binary options trading skills at Boss Capital can make deposits at the site using credit cards, electronic payments and wire transfer. The accepted credit cards by the operator are Visa and MasterCard and the minimum deposit amount for such deposits is $/£/€200. However, members that would like to top up their account using wire transfer will have to make a deposit of at least $/£/€500. The maximum deposit amount for credit card payments is $/£/€20,000, whereas wire transfer deposits are unlimited.
When it comes to making a withdrawal at Boss Capital, traders should be aware of the cashout process first. Before the operator processes a withdrawal, users have to submit a scanned copy of their credit card – if they’re requesting such cashout – as well as a copy of ID and a copy of any utility bill. All documents must be signed by the user. Boss Capital needs two business days in order to process any withdrawal request by customers. Standard and executive accounts have one free cashout per month and all other requests come with a $/£/€30 fee. The withdrawal limits are $/£/€100 minimum and $/£/€20,000 maximum cashout amount for credit card cashouts.
Additional Details of the Broker/Company
Boss Capital is a serious and dedicated binary options operator that provides a support team that works around the clock. Users can use the live chat window in order to get in touch with an available agent 24 hours a day, seven days a week. Additionally, the operator offers e-mail support as well as phone support. Since Boss Capital is present in numerous countries worldwide, users can find a long list of numbers for citizens of many South American, North American, European, Asian, Oceania and African countries. Furthermore, there’s an extensive FAQ section.
Unfortunately, users won’t find any recognisable logos from licensing bodies on Boss Capital website because the operator is not licensed yet. This can be a problem for some players, since joining a regulated operator is always a better move than sticking with an unregulated broker. However, the site is at least approved by VeriSign and thus users don’t have to worry whether their personal and financial information is safe or not. The company does everything to protect players’ deposited money such as keeping them on separate account. Furthermore, Boss Capital is PCI compliant, meaning that the operator never holds on to traders’ credit card information.
As was already mentioned before, Boss Capital is a binary options broker owned by Marblestone Partners Ltd. This company is located in London, the UK and its company number is 09205858. The company launched Boss Capital in 2014 and since then it managed to scoop several prestigious awards including Bets Binary Options Broker for 2015, Top Rated Broker and Secure Trading recognition. For now, Boss Capital hasn’t sponsored or partnered with any popular sport clubs or celebrities. However, we believe it’s just a matter of time when the operator will follow its competitors’ steps and surprise its users with a sponsorship deal.
Conclusion/Experiences/Comparison
In conclusion, Boss Capital is one of the best choices when it comes to selecting a binary options broker. However, players have to know that the site is not regulated, which is not the case, for example, with 24Option. On the other hand, Boss Capital features more than 200 assets and that puts it in a better position than other brokers with approximately 100 different assets. The site has a pretty low minimum deposit amount of $/£/€200; in contrast, most of the other brokers require a minimum deposit of $/£/€250. Thus, it can be concluded that Boss Capital has both positive and negative aspects; which one overshadows the other depends on traders’ personal preferences.