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No Regulation
Score
1.56 /10
Danger
bosslane
5-10 yearsSuspicious Regulatory License
High potential risk
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Comparison
Quantity 2
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.38
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-12
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Exposure
2 pieces of exposure in total Pyramid scheme complaint
Expose| bosslaneReview Summary | |
| Founded | 2023 |
| Registered Country/Region | United States |
| Regulation | No regulation |
| Market Instruments | Futures, Options, Swaps, CFDS |
| Demo Account | Not mentioned |
| Leverage | Up to 1:500 |
| Spread | From 1.5pips |
| Trading Platform | MT4 |
| Min Deposit | $10 |
| Customer Support | / |
bosslane Information
Bosslane, registered in the United States, is a brokerage that mainly provides traders with trading instruments such as futures, options, swaps and CFDS. It allows traders to use the MT4 platform with minimum deposit requirements as low as $10. However, this broker is currently unregulated and has great security risks.
Pros and Cons
| Pros | Cons |
| Support MT4 | No regulation |
| Minimum deposit $10 | Didn't provide any contact information |
| The account charges a monthly fee |
Is bosslane Legit?
Bosslane is currently unregulated, and its operation is not subject to laws and regulations. In addition, the query information on its official website shows that it is registered in 2023, but it is currently inaccessible.
What Can I Trade on bosslane?
The trading instruments offered by Bosslane mainly include futures, options, swaps and CFDS.
| Tradable Instruments | Supported |
| Futures | ✔ |
| Options | ✔ |
| Swaps | ✔ |
| CFDS | ✔ |
| Forex | ❌ |
| Precious metals & Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
Bosslane offers three types of accounts - Standard account, Premium account and Business account.
All three accounts require a monthly fee ranging from $10 to $50. The monthly transaction limit is relatively loose, and the minimum is $10,000. In addition, the limit on the number of transactions per month varies from 100 to 10,000.
| Account Types | Standard | Premium | Business |
| Monthly Fee | $10 | $20 | $50 |
| Monthly Transaction Limit | $10,000 | $100,000 | $1,000,000 |
| Total Transaction Cap( per Month) | 100 | 1,000 | 10,000 |
Leverage
Bosslane offers leverage options ranging from 1:1 to 1:500. Large lever span, you can choose on demand.
bosslane Fees
Bosslane offers variable spreads, with major currency pairs starting from 1.5pips, and commissions ranging from $5 to $10 per lot, depending on account types.
Trading Platform
Bosslane provides traders with the Meta Trader 4 platform, which you can use on your desktop.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile | Beginner |
| MT5 | ❌ |
Deposit and Withdrawal
The payment methods that traders can use are bank transfer, credit and debit cards. Deposits are usually processed immediately and withdrawals take several business days to process, Bosslane said.
In addition, in terms of deposits and withdrawals, the minimum requirement is $10 and the maximum is $10,000.
2
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