In this Boss Capital review, we comprehensively examine a relatively new broker on the market. Despite being new to the broker scene, what impressed us most about Boss Capital was their extensive range of tradable assets and simple trading platform. Moreover, they offer customer support in as many as 10 different languages that is available 24 hours a day.
Our review also found that Boss Capital went to great lengths to simplify their platform and provide extensive training materials to . However, this not to the detriment of advanced functionality for the more advanced traders. Boss Capital has also made payments and withdrawals as seemingly effortless as possible.
|Support Features||Live Chat, Phone, Contact Form and Email|
|Free Demo Account||No|
|Deposit & Withdrawal Methods||Visa, Mastercard, Bank Wire|
|Account Currencies||EUR, USD, GBP, Yen, RUB, CAD, AUD|
|Languages Available||English, Spanish, German, French, Italian, Dutch, Japanese, Arabic, Portuguese, Greek, Russian|
|Option Types||High / Low, Touch / No Touch, Pair Options, 60 Seconds, Boundary|
|Option Expiry Times||60 seconds to 24 hours|
|Mobile Trading||Android & iOS|
Boss Capital Options
Boss Capital allows investors to trade a range of more than 200 assets. These include any number of currency pairings as well as single and index stock options. In terms of the types of expiries that they offer on the options, they range from 60 seconds all the way up to one year (which certainly surprised us).
When opening an account with Boss Capital, you have 5 different account types from which you can choose from:
- Standard: The minimum deposit required for a mini account is a $200. With this, you get access to the basic trading platform and all it’s exciting features. You also are able to make use of the extensive training materials making this account ideal for those investors who are just dipping their toes in the Binary Options market.
- Mini. Once you have deposited $500, your account is upgraded to a Mini package. With this package, you can get a 25% Bonus to trade with. You also have access to live webinars
- Starter. With a $1,000 deposit, you have access to a Starter package. This package entitles you to a 30% Bonus as well as Boss Capital’s exciting Market Reviews.
- Silver. The Silver account requires a $5,000 deposit and entitles you to a 50% bonus or one free risk free trade. You will also get access to your very own dedicated account manager and a free session with the trading academy as well as a VIP webinar.
- Gold. The Gold account requires a minimum deposit of $10,000 and entitles you one of the following: 75% bonus, 3 risk free trades or 1 Guaranteed profit trade. Apart from this, you will also get 2 free academy sessions and one free VIP webinar. They are also throwing in an optional tablet with this account.
- Platinum. The top tier of Boss Capital’s trading accounts, this is the choice for experience traders and VIP members. Requiring a minimum deposit of $25,000, the platinum account entitles you to one of the following: 100% Bonus, 5 Risk Free trades or 3 Guaranteed profit trades. You also get access to a total of 5 free Academy sessions as well as 2 free VIP webinars. The silver account also entitles you to same day withdrawal.
Deposits and Withdrawals
Boss capital has made it very easy for investors to deposit and withdraw their funds in a convenient way. They accept all major credit cards, wire transfer as well as Skrill (Money Bookers). They are also quite prompt on their withdrawals within their defined limits. We tested this after using the platform. The minimum deposit in order to begin trading is $200 but benefits and bonuses differ according to the total amount deposited as explained above.
Boss Capital Homepage
Boss Capital Trading Platform
Boss Capital’s trading platform is easy to use yet powerful and functional enough for advanced investors to customise. They also offer Android and iOS mobile applications allowing you to trade on the go and monitor your positions. The average payout on binary options with Boss Capital is 85% and the average out-of-the money reward ranges from 0-15%.
When we tested the customer service of Boss Capital we found it to be very fast. 24/7 customer support appears to be on offer for those Silver accounts and above but it appears that they take general queries from all investors seriously. Even with our limited test account, the live chat agent answered my question almost immediately. Moreover, this support is available in 10 languages and through email, live chat and toll free international numbers.
Boss Capital stands out for us in the range of securities that one can trade and the options available to trade these securities. Added to that their large number of packages and swift customer support gave us an overall good impression. For new binary investors, the extensive selection of education material will help you make the most of the highly functional and simplistic trading platform.