24Option is one of the first Binary Options Brokers to arrive in 2010. 24Option is regulated and uses TechFinancials Trading Platform, which is considered one of the best trading platform available to date. 24Option has superior payout which’s up to 95%, this’s significantly higher than other Binary Options Brokers which offers payout varying between 71% […]
Talking about stockpair.com, we could consider it as the king of stock pairs trading in binary options. Besides regular assets like Forex Pairs, Commodities and Indexes, StockPair also includes the trading of relative strength between 2 stocks. Stockpair is very similar to Forex that we look at the relative strength of two assets and measure […]
TradeRush was found in 2011 but it already looks like a mature Binary Options broker. Traderush has their headquarters in Cyprus, I don’t think there’s a big problem since I’ve always been using broker from Cyprus, so far they’ve treated me nicely. SpotOption is their chosen platform with at least 85 different assets and a […]
Goptions start offering Binary Options trading since 2009. Goptions doesn’t really mark its name at the time they appeared, however recently they have been making a lot of efforts to push themselves to the top of the chain. The brokers provide trading services to client globally with their SpotOption Binary Options platform, offer decent payouts […]
Being a newcomer is certainly not easy, especially if you join a very competitive market like the US one. However, that doesn’t mean nobody could make it. Boss Capital is a typical example of a latest broker participating in the binary option market of the US, but gaining fast reputation for its service for the influential voices in the community. People are always curious about how companies like this could quickly rose to prominence, what their strategies are and how they can stay alive in such a competitive environment with so little experience. In this review, we’re going to take a very close look in to Boss Capital operation to find the exact answer for all of these concerns.
Boss Capital Trading Platform & Features
- Very Clean & Easy-To-Use Trading Platform
- Advanced Charting & Technical Analysis On-Site!
- 150+ Underlying Assets, With 200+ Trading Combinations
- A Handy Underlying Asset Filtering System
- Customer Support In 10 Widely Spoken Languages
- “Hassle Free” Guaranteed Withdrawal Policy
- Rarer “Short-Term” and “Boundary” Options Available
- 7 Different Contract Varieties To Trade With
- Outstanding Education Center With Video Academy
- High Payouts On Short-Term Contracts – Up To 85%
- Both Standard and High-Yield One-Touch and Boundary
It is very surprising to know that the platform of Boss Capital is constructed using the Tech Financial platform technology, which is a very common technology used by many other companies in the market considering its unique and special look. For example, a well-known company in the binary options all of us might know – the 24Option also applies the same technology as the foundation for their platform. Also, it is a pity that the above-mentioned broker is now unavailable for US market. But for the companies which are still operational in the US market, there is no doubt that Boss Capital possesses the best version of this technology.
One interesting feature of Boss Capital that we would like to introduce to all of you is their amazing on-site charting and technical analysis (please refer to the above picture which is taken during our review at Boss Capital). Before getting to know this feature, you should know that, it is always recommended that the traders should use the off-site software such as the forex charting software MT4 or TD Ameritrade’s ThinkOrSwim software. However, in case of Boss Capital, there’s only need to use that software if you are about to make long-term contract trades such as end of weeks or longer expiry windows. So what makes the differences between Boss Capital and other brokers regarding this? The answer is their on-site charting and technical analysis. This is such an amazing tool of Boss Capital since, the only other broker having the same sophisticated charting and analysis tool is the 24Option which is also the 3rd biggest broker in the global market. Therefore, the presence of such technology at Boss Capital can be considered as a major success.
Regarding the trading options, it is interesting to know that Boss Capital has a total of 7 contracts to trade with. The number downs to 5 if you don’t consider the difference between standard and high-yield contracts. Their options are similar to what are often provided by other brokers in the market. We also need to learn how Boss Capital serves their customers by reviewing their educational material as well as customer service. However, before that, let’s see how the contracts are carried out on Boss Capital platform.
Standard High/Low & Above/Below
One of the most common type of Binary option is the standard high/low contracts, also known as regular binary option which is basically a bet to see whether the price will go up above or down below our entry price when it comes to expiry. Generally, the contract return rate ranges from 71% to 89%.
Another common type of binary options is the above/below binary options. It works very differently compared with the above options. With this type of contract, what you do is to choose whether the price is higher or lower than it is actually at the moment and that entry price is determined as the goal rate (also known as strike price). The broker will be the one who sets the goal rate. This goal rate will keep a certain distance with the current price, and the gap will vary depending on the current volatility. This contract is a bit more risky than the above contract; however as a result, the reward is also very promising with the best return of up to 500%.
Boss Capital “Short-Term” Options
Are you familiar with 60-second binary option? The answer is probably Yes, since it is one of the most common binary options in the market. To be exact, this kind of binary option stands as the second most traded, but it doesn’t stop there. Traders are pushing these things to new limit. New versions of 60-second binary option have very different timing variety of from 30 seconds, 60 seconds to even 2 minutes, which is a great benefit since it enables traders to have different choices of flexibility and strategic development to maximize their profit. This kind of binary options is somewhat similar to the high/low binary options. Boss Capital is also one of a few brokers in the market whose payout is one of the highest of up to 85%.
Standard Daily & High-Yield Weekly One-Touch
One-touch option is another choice for traders in binary option market. This type of binary option has two versions, a standard daily contracts and a high-yield weekly one-touch option, which is still working on weekend (and weekend only!). This is a very impressive feature since there are not many markets running on the weekend. The return of high-yield weekly one-touch option can be reached even 500%. This kind of contract is also very useful if you want to join event-based trading such as news trading or earning releases…
Regular Daily & High-Yield Weekly Boundary Options
Another kind of binary option similar to the above one-touch is the boundary option, which also has two versions: regular and high-yield. This contract is not as popular as other contracts though there are more and more people beginning trading it. Its mechanism is also very different. To be exact, there is a certain price range set by the traders, and they need to predict whether the final price of chosen asset will finish within that range or not. Simple, right?
Boss Capital Customer Service & Reputation
In our opinion, customer service is one of the most important factors while choosing a broker since nobody would build partnership with a broker who has infamous customer service no matter how well their other benefits and features are. Knowing this very well, we always try to examine the service of every single company in our review. In particular, we contact their team and report about some unreal problems and see how they response. A typically good broker will handle the situation well regardless problems and customers’ manners by remaining helpful and calm all the time, even though our problems are fake. Boss Capital customer service is tested twice; one with their phone service and another with their live chat, and it is great to know that they are doing extremely well with a friendly, calm and knowledgeable team.
Although Boss Capital is kind of a newcomer in the market, they quickly rise to prominence. So what are the reasons for their impressive success? The answer is that Boss Capital is well-known for a long time for their fantastic service and pioneering innovation, which is brought back from another notable company that bring both Traderush and Redwood Options – two of the most successful brokers of the binary options. The support from this company partly explains why Boss Capital is largely welcomed by many important traders with influential voices very soon after their beginning.
Educational and Strategy Development Materials
Besides customer service, another criterion to judge the performance of a broker is their educational strategy development materials, since there are new people who have no idea about binary option and need guidance before they can join the game. Boss Capital is really good at this. It has one of the best programs for the newcomers that we have come across for years. Starters here will be granted access to very prosperous collection of a beginner eBook, a full video academy, video courses, market complimentary and over 15 different webinars which are the best material and cover all levels. These webinars are the best material and only depositing clients have access to these, other clients will see a lock icon just like in the above image. Boss Capital does a better job than other brokers, who often offer basic knowledge for beginner only. Advanced traders at Boss could even learn many things from their materials.
Boss Capital Review Conclusion
This broker is one of the best brokers that we have reviewed for quite a long period since our review about GOptions. In the US market, there is no doubt that Boss Capital stands at the top choices for traders. However, with the global community, it is still very competitive market but we believe this is a good choice for all customers. To sum up, Boss Capital is still new, but its performance has amazed all of us and it is obvious that this broker will develop even further in the future, not only in the US market but also in other binary option market around the world.
We welcome any comment or review regarding Boss Capital. If you or your friends have experience with this young but excellent company, feel free to comment below so that our community will have different perspectives about it.
Boss Capital Preview
Grand Option is a Cyprus based binary options broker regulated by CySEC. It offers over 100 tradable assets including Forex, commodities, indices and stocks for the most extensive choice of global investors.
Platforms and Accounts
The standard trading account is one of the latest accounts introduced. It generally contains High/Low options and 60-seconds options which makes more profit and is widely accepted by clients. Making account of this type, you are, without paying any extra money, provided with a market expert who can help you 24 hour a day. Depending on the initial amount you deposit, you may be entitled to get 20% bonus.
Grand Option trading is generally increased through superior trading accounts. Clients may receive consistent 25% bonus according to the initially deposited amount. The account holders can have a market expert together with a personal online trading session with a market analyst. In addition, they also receive an extra 2% return on every trade.
All customers can reap the most benefits when they set up a Grand Option VIP trading account. This is custom-made for people who want to become a professional trader and can take advantage of their money. Specially, the system gives the most bonuses to VIP traders, which is up to 30% and training session with senior market expert.
These 3 types of accounts are different in benefits the holders can get depends on their minimum deposit. However, it is not clearly stated on the website or FAQ section. A demo account is also offered for new traders who want to try and learn first without risk of loses, yet it’s not popular or very obvious as Grand Option is designed for those who have already been familiar with binary option market.
Grand Option Features
Like other binary option website, Grand Option set up an Academy where customers can find training courses by videos or eBook about almost everything important in trading, varying from several trading strategies, leading market indicators to trading tools, trading concepts and traders’ psychology and behavior.
There are inclusive news analyses on a daily basis. You can open an account by making deposits using credit/debit cards, Moneybookers or wire transfer from any bank in the world.
Customer service is always available. If you need anything, just contact them directly through Live Chat, phone and email. Their website and supports load in English, Italian, Russian, Turkish and French.
Grand Option Preview
24winner is one of the latest brokers to join the competitive binary option market, and it quickly draws attention from traders, which is not a surprise after we complete our review about this company. Its strong advantages are a wide variety of financial products and
services alongside with very easy-to-use tool and supportive information. With this broker, both professional traders as well as novice ones can start their trades using the simple yet useful tools provided.
In addition, this broker is under regulation of the CySec and authorized by FCA. Its headquarter is in Nicosia, Cyprus and it is operated by Safecap Investment Ltd. Alongside its special settings which allow traders to control their own risks, knowing this will help traders feel completely safe and secure while trading with this broker
24winner Platforms and Accounts
Being one of the best brokers, 24winner has in stock many different kinds of trading options such as binary options, currencies, stocks, indices and commodities. A simple interface will help traders move quickly to their desired options and start the registration right away.
Account variety is another strong point of this broker. Their Classic options have the popular standard call/put options and you might also find other promising options such as the one-touch which offer the potential payout rate of up to 500%, touch/no-touch, ProOptions and finally SpeedMaster. The last one is primarily the 60-second option. With their ProOptions, traders can see the asset history as well as the features that have most bonuses such as double up, rollover, buy our and binary builder style options. Furthermore, this broker also allows you to pick two popular assets and place them against each other. Other possible actions include delaying your exit and selling early. Free welcome bonus is applied for every type of account, which is great to know. Regarding their bonus, beside the welcome one, other bonuses could reach even 100%. Taking a look at their promotion programs which are available almost all the time, you will have no doubt why this broker could be so popular in the market.
The accounts at 24winner can be registered with different currencies including USD, EUR< GDP, CAD, UAD, etc. You need to make a minimum deposit of $100 and your trade must be at least $10, very generous for anyone who is careful and does not want to take risk at first. One bad thing we find here with the account is the fact that they do not offer traders the “Demo account” feature, which often lasts for a month or more and is a must with most of the binary option brokers.
Anyway, they still have a good asset list containing numerous stocks, forex pair, commodities and global indices which also cover Asia and Middle East.
We think 24winner has a good website. Traders are able to completely control their trade from the beginning. The process is displayed by a graph tool which also has useful information such as payout, expiry time and asset’s value. All are under traders’ control.
One of 24winner’s notable features that we must mention is the Economic Calender which is quite different from those of other brokers in the market. This feature will help traders grasp an overview of what is going to happen in the market by displaying the main market-shaping events of day in a well-organized order. They also alert traders about the market indicator reports, rank them based on their significance and show the predicted and actual impact on the currencies that get affected.
Their Trading Academy also draws our attention since it has a prosperous collection of video tutorials, interactive Ebooks and audio courses which are free for account members, both novice and experienced.
We believe this broker is going the right direction with a customer-oriented platform, numerous promotion programs as well as many unique features. If it keeps doing this good, their reputation will surely spread far more in the future.
Binary option trading has attracted lots of people. However, information about this field is not yet fully and publicly provided. The lack of information may get people frustrated and tired as nobody can stay loyal to an investment that they are still strange to. Naturally, we are confident that it is high time you created a binary option trading career for your own good, and we will tell you the reasons.
The first reason is that the number of brokers in the industry has gone up continuously, this lead to a harsher and hotter competition between the brokers. And in their way to stand out from the crowd and attract customers with their services, brokers naturally have to perfect their operation conditions and need to provide their customers with appealing platform and more customer-focused terms.
Legal and regulated way of trading
For some people, the binary option trading market is very tempting and appealing, but they eventually decide not to join the market because there are not enough regulations to protect investors. However, some regulations have just been established in Cyprus—the homeland of most major brokers in the industry. With such regulations for the trades and practices, traders can now play in a safer and fairer environment with less chance of getting involved in scams. The scam problem was still very common until some years ago.
Another great news, the minimum level set out for deposits has just been lowered. Therefore, if the problem that prevents you from investing into binary option trading is the needed large sum of money for investment, you can now get rid of such worry as you are now allowed to deposit into your account with as low as just $100. This advantage surely prevails what Forex offers, as many Forex brokers usually set a minimum level for deposits of hundreds, or even thousands, of dollars. On the other hand, traders fascinated with the world of binary option trading can now gain reasonable profits for their trades without having to invest heavily in the first place.
Great diversity of trading tools
When it comes to binary option trading, we should also check another aspect that is the collection of tools provided for traders. The tools depend upon the brokers and the platform on which you perform trades. The primary goal of these tools is to support traders and help them minimize chances of losing money and reduce losses. All new traders in this field are offered a set of tools and lots of information so that they can equip themselves with enough knowledge and skills to become an expert in this industry.
Furthermore, trading platforms have fixed most of the glitches in the system—known as “system bugs”—and facilitated an easier and safer environment for traders than before. Trading platforms are now of high excellence and brokers provide top-notch services to traders and the payout ratios are still big. Because of the remarkable growth in both popularity and scale of binary option trading, many experts expect the industry to keep this growth rate for a long time into the future, as this will absolutely help to expand and improve the conditions, environment, and customer service for traders.
Get involved now
In this article we have mentioned some remarkable advantages of binary option trading, and out of huge confidence, we can conclude that it is now perfect time you stepped into the industry. Binary option trading will pave the way for future trading platforms because this type of trading is not as demanding and harsh as forex trading. Also, people without good computer skills can still enjoy the binary option trading. The only thing that you need to have is some strategies, techniques with lots of practices. A good set of technical tools and user-friendly online environments, along with devotion and determination of a trader, will help you on your way to become a successful trader in binary option field. This was not so easy back then when binary option trading was just created with imperfect system and unregulated manner.