Score

1.56 /10
Danger

bosslane

United States

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.41

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

open now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
bosslane · Company summary
bosslaneReview Summary
Founded2023
Registered Country/RegionUnited States
RegulationNo regulation
Market InstrumentsFutures, Options, Swaps, CFDS
Demo AccountNot mentioned
LeverageUp to 1:500
SpreadFrom 1.5pips
Trading PlatformMT4
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 MT4No regulation
Minimum deposit $10Didn'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 TypesStandardPremiumBusiness
Monthly Fee$10$20$50
Monthly Transaction Limit$10,000$100,000$1,000,000
Total Transaction Cap( per Month)1001,00010,000

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 PlatformSupported Available Devices Suitable for
MT4Desktop, MobileBeginner
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.

User Reviews

More

User comment

0

Comments

Write a review

No comment yet

start to write first comment

2