Boss Capital Scam Test 2015

Boss Capital Scam Inspection

Boss Capital Scam Inspection

Boss Capital is among the new entrants in the binary options market. It is owned by a British firm and is one of the few brokers which accept US traders. The broker has just started operations last year in 2014 and has already become quite popular for opening the doors to the US traders who unfortunately are not given the same privilege with most other brokers. But since Boss Capital is not regulated, one question remains- is Boss Capital scam?

Boss Capital Scam | Trading platform

One good way of judging the scam brokers is by checking out their trading platform. If they seem to be “marketing” too much, then that means there is too much for “them” in it and too little for “you” the actual trader. It is as simple as that. This is true for all types of platforms, not just for binary options. An important aspect to consider for any broker’s platform is that it has to be more than just the interface – it should have a list of assets and stocks along with the ease of finding them. The more navigable it is the better. Boss Capital seems to have perfected this part, as stated in our previous Boss Capital Scam Inspection. We can conclude that they are here with the intention to stay. Besides, they use the Tech Financials platform with over 200 functionalities available in-house.

Boss Capital Trading Platform Call and Put Options

Boss Capital Trading Platform

Boss Capital Scam | Withdrawal

One of the most important things to do when looking for scam brokers is to check the withdrawal policy of the broker. Many a times the broker offers a very complicated withdrawal policy, which the traders correlate with scam. But in this case, the withdrawal policy is the biggest strength of the broker. While reviewing withdrawal processes which we have included in our Boss Capital Review 2016, we found out that they offer the traders to place a smooth withdrawal request within a few minutes. This is what has kept their website alive even amidst the different scrutinizing traders. So they must be credited for offering good withdrawal schemes.

Once you submit a withdrawal request, it will be processed for 72 hours after which it will be transferred to your account. If you hold an account lower than the VIP account, then you have to pay a 30 dollar fee for withdrawal after the first withdrawal of every month.

Boss Capital Scam | Accounts

When mentioning accounts, it should also be mentioned that account types vary with the deposit amount. The higher you deposit, the higher your account type and the more privileges you get with your accounts – like numerous withdrawals every month without any fee and so on. Also, you get bonuses with every type of account. Some bonuses are huge – they are as large as 65% of the deposited amount.

Boss Capital Scam | So are they scam?

There has been a buzz in the market that this broker is a scam, more so, when compared to other regulated brokers. But it is not necessary that every unregulated binary options broker is a scam; plus, they are newly established broker. While the years of operation may be small, Boss Capital has still managed to build up a good reputation owing to their service and operational expertise. It can be finally concurred that Boss Capital is definitely not a scam and is here to stay.

Start trading with Boss Capital today with a free demo account.

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Author's overall rating:
Author: Ben Prescott
Updated:

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