Boss Capital is relatively new to the online binary options brokerage scene, but its freshness to the industry does not undermine its strong offering. The company was established in 2014, with headquarters in the United Kingdom and is not regulated. Since it hit the road running on a positive note, it has quickly managed to earn itself a reputable, good standing among binary options brokers. Its two main strengths lie in its trading platform, using the less common TechFinancial platform and in the diverse asset selection it presents. The TechFinancial platform runs smoothly and this choice enables Boss Capital to offer its users a larger 85% pay-out rate, much higher than much of the competition. Another positive is that the minimum deposit is $200, which opens the website up to new users.
With over 110 individual underlying assets, the range that Boss Capital is not just large, but diverse. They not only does the platform include the usual mix of stocks and forex options, but also a wide array of commodities, indices, and pairs. There are over 8 commodities, allowing for users to trade on a more unusual selection. The stocks cover an even mix of sectors while the forex options cover the expected major and minor currencies. The only weakness in the selection could be a sparser choice of Asian and Australian stocks. The stocks and indices choices themselves are extensive, covering a broad range of US, European, Asian and Middle Eastern assets evenly, catering to all markets while also satisfying a European clientele.
Boss Capital’s platform showcased strong reliability with no protruding concerns. TechFinancial’s platform is well developed and reliable, and with Boss Capital, like other binary options brokers, I there was an occasional delay between entry and confirmation. As with all web-based trading the internet can always cause slight snags and it’s best to use a dedicated browser, free from add-ons and extensions to improve performance. Additionally, the site uses SSL for all pages, which is a sign of commitment to security.
While all charts on binary options trading sites are not comprehensive, Boss Capital does use TechFinancial, meaning the charting options are better than most brokers. Compared to the much-used SpotOption charts, TechFinancial charts are easier for users to make decisions about their chosen assets. These charts are user-friendly and simple to track. They feature more tools to understand what is going on with assets on the market and better understand trends. One specific example is time range. SpotOptions’ time range only starts with 5 minutes, which is not suitable for the popular 60 seconds options, which a lot of beginner traders use.
Boss Capital has designed a user-friendly platform. When trading, users can filter the underlying assets by asset type, or customize their experience by selecting specific assets, a beneficial tool for regular users to find their favourite assets. As new traders become more comfortable with binary options trading they will realize that they only trade on a smaller number of assets, and this will be especially helpful given the large number of assets Boss Capital offers. There is a demo account option, however, this feature is only available to those who have already made a deposit. Boss Capital’s demo option only benefits those already committed to trying out trading. Opening this option up to aspiring traders for a limited time period could push Boss Capital’s stellar offering even further. For depositing and withdrawals, the process is straightforward, with numerous methods available for users to fund their accounts.
Boss Capital has good support. It is easy to contact them. Their support staff is available via phone, email or LiveChat. The team is professional, friendly and provide quick and informative answers to any questions put forward. They speak a number of languages including English, French, Arabic, German, Italian, Spanish, Russian and Dutch. Boss Capital’s educational material is impressive. In their trading academy, users have access to an e-book, video courses at an introductory level as well as courses for more advanced traders. The site also offers exclusive webinars and daily market news.
|Deposit Bonus||Up to 100%|
|Markets||Forex, Stocks, Indices, Commodities|
|Number of Assets||130|
|Deposit Currency||US Dollar, British Pound, Japanese Yen, Euro|
|Account Funding||Visa, MasterCard, Dinners Club, Maestro International, JCB, Carte Bleue, Dankort, CartaSi, Laser, Discover, Liberty Reserve, MoneyBookers, Money Gram, Wire Transfer|