Boss Capital is among the newer brokers in the binary options industry yet traders would never know it based upon how they conduct business. This broker has quickly become a trader favorite with our in house team of analysts, including U.S. based traders, who are welcomed. Their user-friendly platform is driven by TechFinancials, one of the top three platform providers in the industry today. Offering payout rates of up to 89%, it really is no wonder why so many have opted to trade with this broker.
Boss Options Review Basic Information
Official Website: http://www.bbinary.com/
Officially Launched: Early 2009
Account Currencies: USD, EUR, GBP
Minimum Deposit: $250
Mobile Platform: Yes
Demo Account: Yes – For Depositing Customers Only
Accepts US Clients: No – No US or Israel
Deposit Bonus: Yes – Up To 100%
BDB Review Rating: 8/10 – Very Good
Platform and Security
As previously mentioned, the Boss Capital platform is quite basic in design, meaning that any learning curve should be extremely minimal. Navigation among the available options is fast and easy, as each trade type is clearly labeled. Trade windows provide all the pertinent information needed for trade selection and execution. The trading environment is kept secure via SSL encryption, offering worry-free financial transactions. Basic account registration costs nothing and should take no more than a minute or two.
Bonuses and Promotions
Boss Capital offers a number of attractive incentives to those who choose to trade with them. These include perks such as deposit bonuses, risk-free binary options trades, cash back deals, and more. Those who take advantage of the higher-tier VIP accounts will have access to the largest variety of extras, including insurance plans. The five account tiers include: Standard, Executive, Gold, Platinum, and VIP.
Education Resources and Trading Tools
Boss options provides traders with plenty of education material, including trade instruction, a binary options eBook, video courses, webinars, and more. Market news and a detailed FAQ section are also provided. While the news can assist traders with fundamental analysis, live price charts provide assistance with technical analysis. Price data is presented not only in real-time, but also for the recent past.
High/Low: This is the basic binary options Call or Put trade. Simply predict whether the price of your selected asset is going to be higher or lower than the entry price.
One Touch: Predict whether your select asset is going to be able to reach or exceed a pre-determined target price while the trade remains live.
Boundary: The opposite of the One-Touch, with Boundary trades the goal is to predict whether the price of your selected asset is going to remain between an upper and lower target boundary while the trade remains live.
Short Term: The same as basic binary options, but with short expiry times of just 60 seconds. Two and five minute trades are also available.
They provide a large variety of assets. These come from the stock, commodity, currency, and indices asset classes. This broker delivers a wide variety of currency pairs, the key commodities and indices, and plenty of big-name stocks such as Google, Facebook, Microsoft, and more. Traders who appreciate variety are sure to like what this broker has to offer within their asset listing.
Major credit cards such as Visa and Mastercard are accepted. This does include both debit cards and pre-paid debit cards as well. Bank wire transfer can also be used for both deposits and withdrawals. US Dollar, Euro, British Pound, Japanese Yen, Australian Dollar, Canadian Dollar and Russian Rubles are the accepted currencies. The minimum deposit is $200 of the selected currency and there is no minimum withdrawal amount in place.
Boss Capital provides customer service in a number of different forms. Live chat is available on the website. There are also a number of contact phone numbers listed within the “Contact” section. Email is also an option. Questions, comments, and more can be sent to: firstname.lastname@example.org. Response times are fast and the customer service representatives are courteous and knowledgeable.
There is much to like about Boss Capital. It is certainly nice to see a TechFinancials platform that welcomes U.S. traders. Return rates on standard trades are as high as 85%, which is excellent. There are plenty of assets to choose from, as well as plenty of trade types. Not all traders like tiered accounts, but these can certainly provide some distinct advantages. The one noted disadvantage is the lack of a mobile trading app, but this prospective problem certainly will not impact all traders. Overall, they deliver a lot of what traders want and does so in a professional manner. Because of this, we do recommend them to all traders at this time.
Overall Boss Options Review Rating = 7.5/10 = Good