• Home
• Compare Brokers
• Free Demo
• Getting Started
• Trading Education

Boss Capital Review

Overview

Boss Capital is a relatively new binary options broker focused foremost in English speaking countries. It focuses on UK, Canada, New Zealand, Australia, etc, and also offers accounts in those local currencies. Minimum deposit is $200, and minimum trade size is $5 on short term options and $25 on longer term options. It offers up to 100% deposit bonus, and one of the highest deposit bonus percentages even on small accounts. It offers payouts that start at around 85% on short term trades, and up to several hundred % on longer term trades, which can be set as far out as one year! It also offers 15% refund on losing trades, which is another plus, not many brokers offer 85% payout and 15% refund at the same time. And above all it has a good reputation, because even though it's a new broker, the people that created it and run it, have many years experience in the industry. Boss Capital also offers free broker consultation and up to five risk free trades to new clients, this can be quite a lot of money in risk free trades for Gold account clients. Being new in the business, this broker is also planning to become even more competitive in the near future, by offering more unique features and possibly new exciting offers. It appeals to both beginners and professionals.

Boss Capital no longer accepts US clients
Click here for a list of USA friendly brokers

 

Trading Platform

The trading platform is quite competitive; it offers more than 200 assets and all the features one will ever need. It's simple and easy to navigate through. It is web based, no need to download any software, and is also available on several smart phone devices. Expiry times can be chosen among 1 minute, 15 minute, 30 minute, 1 hour, end of day, and as far as 1 year. This probably covers the needs of all serious investors seeking to trade commodities in trades lasting from days to months.

Safety of Clients' Funds & Regulation

Boss Capital is not regulated within the EU or by the CySEC, because doing so will prevent it to accept clients from certain countries. It is however a very reputable broker and even though it is based in Gibraltar, it utilizes the Swiss banking system. Your deposits are held safe at the BSI Bank Zurich. This broker still follows international directives regarding anti money laundering measures and integrity on both themselves and their clients.

Deposits & Withdrawals

Deposits and withdrawals can be made using all major credit cards, bank wire transfers, Skrill and CashU. The broker has a good reputation in processing withdrawals and clients shouldn't have any problems. As long as they have their accounts validated according to the broker's client agreement. Deposits can take up to 7 working days to process but are done so reliably.

Specials

Boss Capital offers good training and basic support to beginner traders, and certain unique features in the trading platform. Such as the Boundary Option, which allows traders to set 2 boundary prices on market price and profit from an approximate price action, rather than exact single price targets. It also offers up to five risk free trades to new clients (if they win they keep the profits, but if they lose the broker will refund their losses on these trades). The risk free trades feature is quite rare nowadays; big account holders should consider it in detail, because it can allow them to make several very large size trades, at no risk! This is quite a feature, considering that some trades can offer 5 or 7 fold gains.

Our Verdict

The trading tools offered by Boss Capital are flexible and reliable, though not extremely rare to find. It offers however all the incentives to the serious professional trader to start trading big size with this broker. That is because of the continuous customer support, safe banking structure, and the first few risk free trades. These risk free trades can be properly utilized by professionals only, and make them $1000s in risk free trading, whereas beginners are unlikely to do so.

On the downside, Boss Capital offers no demo accounts and only supports English and Japanese languages.

Another way to use Boss Capital effectively is through commodity trading, including all time frames and many different types of binary option instruments. Its platform, the commodities offered, and the flexibility of expiry times greatly suggests and points to successful commodity trading. Remember commodities will offer at times, more smooth trends than currencies or stocks, ranging from daily to monthly expiry times.

Trade with Boss Capital