BOQ Trading Guide – Read our In-Depth BOQ Trading Review
This BOQ Trading review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this BOQ Trading review does not apply to US users.
If you're a new entrant in the world of trading and broker, so many facts will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You will acquire adept at all of the concepts of broker as you keep trading. For starters, you have to select the right broker who'll be clear with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment program will generate hefty returns. BOQ Trading is one such stage that will take you along with your investment to great heights. It's crucial that you understand about BOQ Trading before you trust them with your cash.
Our entire BOQ Trading Review covers all you need to learn about trading using BOQ Trading. A fantastic broker can multiply your initial investments and give you positive profits. If you would like to make profits, you should trade with a brokerage service that contrasts with your investing goals.
There is no sure-fire way to guarantee profits; thus, you must carefully analyze your broker before you select them. It's a frequent misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.
BOQ Trading is a broker which has found its way successfully into the broker world. In this review, we've attempted to collate a number of the important aspects of BOQ Trading. This review will help you to understand whether BOQ Trading is a good match for your investments or not. We've attempted to breakdown all the qualities and fees for your advantage.
BOQ Trading Review, Table Of Contents
- Who are BOQ Trading?
- Benefits Of Trading With BOQ Trading
- Everything you should know about trading with BOQ Trading
- Is BOQ Trading Safe To Trade With?
- Pro's & Con's Of Trading With BOQ Trading?
- Compare Brokers Similar To BOQ Trading
- Regulation And Licencing In More Detail
- BOQ Trading Awards
- Minimum Deposit Required For A Live Account With BOQ Trading
- BOQ Trading Commission And Fees Explained
- Compare broker fees against BOQ Trading
- BOQ Trading Withdrawal Fees Explained
- BOQ Trading Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With BOQ Trading?
- Alternatives To BOQ Trading
- Frequently Asked Questions About BOQ Trading
Who are BOQ Trading?
BOQ Trading is a forex broker headquartered in United States and provides a range of tools for online trading. Since its beginning in 2014, BOQ Trading has emerged as a top-tier player in the field of online broker. BOQ Trading includes an extremely competitive and full-featured trading site that is focused on forex, indices, metals, sharesand commodities.
Over the past 7 years, BOQ Trading has grown into one of the leading online brokers.
After establishing in 2014, their client base has become as big as 10,000+ clients.
BOQ Trading is a favorite of many dealers.. Our BOQ Trading review found that they're an excellent choice for automated trading options. It's best suited for investors that are searching for an assortment of assets. Social and automated trading solutions are the core at BOQ Trading.
Technology plays a significant role in BOQ Trading. BOQ Trading offers trading on MetaTrader 4,Mac,iPhone. BOQ Trading is honest, transparent, and a well-regulated agent by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The trader resource department at BOQ Trading is very enlightening for new dealers as it permits them to have a closer look in the financial markets. BOQ Trading caters to all types of traders and are a must-have broker for any well-diversified method of online trading.
If you feel that BOQ Trading is not right for you then at the bottom of this BOQ Trading review you wil find a lot of alternatives to BOQ Trading.
What you should know about trading with BOQ Trading
BOQ Trading is a lively platform that provides various methods of trading online. These tools cover the financial markets considerably. The Majority of the broker platforms provide fewer methods than BOQ Trading
If you want to trade with BOQ Trading, you'll require a minimum deposit of $200. This deposit is compulsory if you would like to begin trading with BOQ Trading. This 2021 BOQ Trading review will direct you safely about trading with them.
BOQ Trading is as flexible as any other broker platform. BOQ Trading is great for traders that want a manageable selection of low-cost services. The platforms supplied by BOQ Trading are third party, white-label offerings. All traders may pick out of MetaTrader 4,Mac,iPhone.
Together with everything, BOQ Trading has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a transaction must be kept open. The agents provide premium customer service that rewards clients with benefits.
Many less reputable brokers try to pressurise users into larger funding for premium services. BOQ Trading, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the more advantages will become available.
BOQ Trading accounts are available globally and provides excellent service everywhere they have clients. There are some select few countries where BOQ Trading accounts are not available. Traders in the following countries cannot open or use a BOQ Trading account:
Is BOQ Trading Safe To Trade With?
Launched in 2014, BOQ Trading has been operating for 7 years, they are headquarted in United States.
BOQ Trading is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). These bodies have rules that make sure that trading platforms have steps in place to maintain investor's assets procured. This means that BOQ Trading users don't need to be worried about their money as it is segregated and safely stored in established banks. SSL encryption secures every user's private information as well.
You can make use of an option for 2 Factor Authentications (2FA) with BOQ Trading for heightened security. An SMS for the confirmation code will be sent to your phone. You'll be required to enter this code to log into your account.
Another concern with fiscal brokers is in respect to safety may be manipulation of trading. This is highly disadvantageous for consumers on these platforms. Nonetheless, this is much more widespread in the example of Market Maker brokers who compete with customers on the platform.
Pro's & Con's Of Trading With BOQ Trading
Every online trading platform has some ups and downs, and no BOQ Trading review would be complete without having a balanced approach. This BOQ Trading review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
BOQ Trading Pro's
- BOQ Trading is trusted by 10,000+ clients
- BOQ Trading doesn't charge withdrawal fees
- BOQ Trading doesn't charge inactivity fees
- BOQ Trading doesn't charge deposit fees
- BOQ Trading doesn't charge CFD fees
- BOQ Trading offer trading on MetaTrader 4,Mac,iPhone
- BOQ Trading offer 61 trading instruments
- BOQ Trading can communicate in
BOQ Trading Con's
- BOQ Trading does not offer Negative Balance Protection
- BOQ Trading does not offer Guaranteed Stop Loss
- BOQ Trading doesn't trade major forex pairs
- BOQ Trading doesn't trade minor forex pairs
- BOQ Trading doesn't trade exotic forex pairs
- BOQ Trading doesn't offer trading on cryptocurrencies
BOQ Trading Review - Compare Brokers Similar To BOQ Trading
|BOQ Trading||WIT Invest||Zacks Trade||Circle Markets|
|Headquarters||United States||Saint Vincent and the Grenadines||United States||New Zealand|
|Regulated By||Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)||Unregulated||Unregulated||Financial Industry Regulatory Authority (FINRA)|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk|
BOQ Trading Review - Regulation And Licencing In More Detail
BOQ Trading is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
BOQ Trading, as a business, has a powerful set of rules for ensuring fair trading on its own platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
BOQ Trading Review - Awards
- At the time of writing this BOQ Trading review, they had not received any awards.
BOQ Trading Review - Minimum Deposit Required
The minimum deposit that you must deposit to begin on BOQ Trading is $200. This is a decent amount for those just beginning. It's possible to make more complex deposits as you cooperate. But, ensure that you understand how to make the most of your money before investing in larger sums.
BOQ Trading Review - Commission And Fees Explained
BOQ Trading is an online brokerage platform, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. In other words, an online broker is not necessarily influenced by the amount of clients they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 different types of penalties for this objective.
The first sort of charges to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're charged trading fees. In such cases, you are spending a spread, funding rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are people who are charged when you maintain a leveraged position for longer than daily.
Apart from trading charges, online brokers also charge non-trading fees. These are dependent on the actions you undertake in your account. They are billed for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, BOQ Trading doesn't charge high fees in comparison to other online agents. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who often exchange, for example weekly or daily trading.
However, non-trading fees charged by BOQ Trading are comparatively greater. As a result, you are billed more for non-trading activities in your trading accounts, such as deposits and withdrawal. These aren't related to the sale and purchase of assets.
This BOQ Trading review breaks down each of the relevant non-trading charges for you in detail.
Compare broker fees against BOQ Trading
|BOQ Trading||WIT Invest||Zacks Trade||Circle Markets|
BOQ Trading Review - Withdrawal Fees ExplainedBOQ Trading doesn't charge withdrawal fees
Withdrawal of cash is possible at any moment from the BOQ Trading account. It's possible to draw up sums to the amount of your account balance, keeping aside the perimeter used. One thing to keep in mind is that you don't always have to have any cash in your account.
Moreover, the withdrawn money will be moved directly to the accounts you use to create deposits. Therefore, if you used a credit card for deposits, then the withdrawn money is going to be sent to the card. BOQ Trading will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you're opting to withdraw in.
BOQ Trading Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of the buzzing questions that run through your head when open an account with BOQ Trading. An inactivity fee is an amount charged to registered dealers that haven't engaged in purchasing or selling for some time. The period regarded as inactive is decided by the broker.
The inactivity fee also differs from 1 broker to another and isn't generalized. If a traders account doesn't have a buying or selling trade, it is maintained by the broker as an inactivity fee. The traders need to pay this fee under terms and conditions that they had consented while enrolling.
BOQ Trading doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no fees are indicated by BOQ Trading, it's best for you to close the account if you are inactive. Inactivity fees are not just charged by brokerage firms but also many financial services.
For additional trading platforms, the inactivity fee depends upon the type of account you've chosen. The inactivity fee is subjected to many circumstances and needs to be disclosed clearly by the broker beforehand.
BOQ Trading Review - Deposit Fees Explained
When you move money into your trading account from your bank account, a deposit fee can be billed by the broker. Most brokers do not charge an excessive amount of money for this particular operation.
BOQ Trading doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the BOQ Trading trading platform is simple. You just need to finish a single-user profile questionnaire to start depositing money into your trading account. You'll have to provide an identity evidence and evidence of residency to deposit large amounts.
BOQ Trading Review - Compare Broker Deposit Methods
|BOQ Trading||WIT Invest||Zacks Trade||Circle Markets|
What Can You trade With BOQ Trading?
Note: BOQ Trading offers a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered will be different depending on the country of residence of the client.
BOQ Trading has a wide variety of over 61 instruments available for you to trade with.
If trading currency pairs is of interest to you then BOQ Trading offer over currency pairs.
Compare BOQ Trading, WIT Invest, Zacks Trade & Circle Markets below.
Alternatives To BOQ Trading
If, after studying this BOQ Trading review, BOQ Trading doesn't quite fulfill your needs check out these BOQ Trading alternatives.
We've scoured the internet to find the best alternatives to BOQ Trading. Click on the hyperlinks below to learn more.
Frequently Asked Questions about BOQ Trading
Can I try BOQ Trading before I buy?
Yes, you can most certainly try BOQ Trading before you buy. BOQ Trading offers demo accounts for the convenience of new traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you sign up for a demo account on BOQ Trading, you may set out using a decent amount of virtual money. It's to establish a sense of security and confidence in you until you choose to spend your own money.
With this digital BOQ Tradingdemo account, you are able to experiment at all, to whatever length you desire. You can also start positions, test different trading approaches, and much more.
BOQ Trading specifies on its official website that you can exchange real time stocks in a demo account.
Is BOQ Trading safe?
It is possible to drop all your worries since we believe that BOQ Trading is perfectly safe to use. It is in compliance with all the principles of Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Even so, BOQ Trading doesn't provide assured stop-loss protection.
Why does BOQ Trading ask for my passport?
The reason that BOQ Trading asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, BOQ Trading has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, BOQ Trading must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with BOQ Trading?
The process to start trading withBOQ Trading is perhaps simple enough to be a cakewalk. You need to begin by signing up on the BOQ Trading website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with BOQ Trading is $200. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with BOQ Trading.
The best way to kickstart your trading career with BOQ Trading is to open a demo account facility before risking any real money
What funding methods do BOQ Trading accept?
There are multiple methods to fund your accounts with BOQ Trading. The process is effortless and quick, with different payment methods at your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You must bear in mind that PayPal is not available in all country. The currencies BOQ Trading
Is my money safe with BOQ Trading?
Yes, your cash is safe and secure with BOQ Trading. As you know, BOQ Trading operates with proper conformation to. It has established lots of measures to protect all of its own investors.
BOQ Trading protects its clients' private and sensitive data under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you wish to further safeguard your accounts, it is possible to empower Two-Step Verification as well. It takes an SMS confirmation that you access your accounts.
Is BOQ Trading trading good?
Yes, trading via BOQ Trading is a nice and good experience indeed. It's a great and intuitive platform with useful features for your simplicity. In addition, you could even gain access to a huge collection of educational tools and assistive material to kickstart your trading experience.
If you are still skeptical, you can open a eToro demo account and assess the credibility of the platform on your own.
Which Countries does BOQ Trading support?
BOQ Trading operates around the globe. However, due to regulations there are some countries that BOQ Trading does not accept clients resident in
Is BOQ Trading legit?
BOQ Trading is a legit company headquarted in United States since 2014. They are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). BOQ Trading is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is BOQ Trading a good broker?
BOQ Trading is an excellent agent, and its own users can vouch for this. The highlight of the platform is its quick order execution on transactions.
You'll find the clean design of the platform along with the commendable features that a pleasure to work with.
Is BOQ Trading a trustworthy broker?
Yes, BOQ Trading is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for BOQ Trading?
The minimum deposit to open a live account with BOQ Trading is $200
How long do BOQ Trading withdrawals take?
Normally, withdrawal of money from BOQ Trading is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from BOQ Trading to show in your bank account.
Are BOQ Trading regulated?
BOQ Trading are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Is BOQ Trading a market leading broker?
BOQ Trading is currently among the industry leaders. It has over 10,000+ registered customers and over 7 years of expertise on its own record. They're one of the world's leading trading platforms and a dominant figure in the Fintech revolution.
It simplifies this status to its incredible platform and wide selection of tools plus resources so that you may put money into capital markets.
Is BOQ Trading a con?
No, BOQ Trading is not a con. They are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules. Thus, it is safe to say that BOQ Trading is not a scam.
Can you make money with BOQ Trading?
Through BOQ Trading, several traders earn a great deal of money. But typically, through consistent trading, you also can create between 2% - 10% profit a month.
This may seem to be a small number, but within the year, this adds to a substantial amount of gains. While BOQ Trading supply you all the tools to make money, they cannot guarantee that you will profit.
Does BOQ Trading have fees?
Yes. To start trading with BOQ Trading, you need to deposit $200. Certain commissions while trading additionally applies. Any processing fees from your bank might have to be incurred by you.
When was BOQ Trading founded?
BOQ Trading was founded in 2014 in United States. BOQ Trading is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
How many people use BOQ Trading?
BOQ Trading is a globally recognised broker with 10,000+ customers.
Where is the BOQ Trading head office?
BOQ Trading has its head office in United States
Does BOQ Trading offer negative balance protection?
No. BOQ Trading does not provide negative balance protection. If your balance is unfavorable, BOQ Trading indicates you contact customer services. With this, you are able to correct any imbalances within your own account.
Does BOQ Trading offer guaranteed stop loss?BOQ Trading unfortunately, doesn't offer guaranteed stop loss. BOQ Trading gives a chance to its dealers to close their trade in their specified price. Apart from this, BOQ Trading does not provide guaranteed stop loss.
Does BOQ Trading allow scalping?Yes, BOQ Trading do permit scalping. Several traders throughout the world choose BOQ Trading due to their scalping services. They offer trading on MetaTrader 4,Mac,iPhone which let this.
Does BOQ Trading allow hedging?
Yes, BOQ Trading does allow hedging.
Can you trade energies with BOQ Trading?
No, unfortunately you cannot trade energy stock with BOQ Trading
Can you trade agricultural shares with BOQ Trading?
No, unfortunately you cannot trade agricultural stock with BOQ Trading
Can you trade cryptocurrency with BOQ Trading?
No, unfortunately you cannot trade cryptocurrency with BOQ Trading
Can you trade metals with BOQ Trading?
No, unfortunately you cannot trade metals with BOQ Trading
Can you trade UK Shares with BOQ Trading?
No, unfortunately you cannot trade UK shares with BOQ Trading
Can you trade US Shares with BOQ Trading?
No, unfortunately you cannot trade US shares with BOQ Trading
Can you trade Japanese Shares with BOQ Trading?
No, unfortunately you cannot trade Japanese shares with BOQ Trading
Can you trade German Shares with BOQ Trading?
No, unfortunately you cannot trade German shares with BOQ Trading
Does BOQ Trading accept bank transfers?
No, BOQ Trading does not accept bank transfers.
Does BOQ Trading accept credit cards?
No, BOQ Trading does not accept credit cards.
Does BOQ Trading accept PayPal?
No, BOQ Trading does not accept PayPal.
Does BOQ Trading accept Skrill?
No, BOQ Trading does not accept Skrill.
Does BOQ Trading accept Payoneer?
No, BOQ Trading does not accept Payoneer.
Does BOQ Trading accept Neteller?
No, BOQ Trading does not accept Neteller.
Does BOQ Trading offer Live Chat customer support?
No, BOQ Trading does not offer customer support through live chat.
Does BOQ Trading offer phone customer support?
No, BOQ Trading does not offer customer support over the telephone.
Does BOQ Trading offer email customer support?
No, BOQ Trading does not offer customer support through email.
What languages can BOQ Trading communicate in?
BOQ Trading has the ability to communicate and support customers who speak:
Does BOQ Trading have a wikipedia page?
No, BOQ Trading does not have an official wikipedia page.
Does BOQ Trading offer demo accounts?
Yes, BOQ Trading offers demo accounts so you can learn their systems before risking any real money.