Score

1.53 /10
Danger

Bosctime

Suspicious Regulatory License

High potential risk

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.15

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-10-03
  • 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

Pyramid scheme complaint
Expose
Bosctime · Company summary

Note: You can't access Bosctime's official website: https://www.bosctime.com/prepage/fxtrade right now.

Bosctime Information

Bosctime started in 2022 as an unregulated broker company with registration in China.

Bosctime Information

Is Bosctime Legit?

Bosctime is seen to operate without regulatory control. Lack of regulation might increase risks among investors as no established framework for monitoring and ensuring fair practices exist.

Is Bosctime Legit?

Downsides of Bosctime

  • Unavailable Website

Bosctimes official website cannot be accessed at present. This raises concerns about reliability and accessibility.

  • Lack of Transparency

Investor understanding regarding what Bosctime remains limited due to insufficient information concerning this platforms operations and dependability.

  • Regulatory Concerns

It is unclear whether the company has any regulatory status, which makes it hard to trust its overall integrity and protect investors interests at large thus such matters have left its regulative position in doubt.

  • Withdrawal Difficulty

A user on WikiFX left a report on using the application where he cited many challenges in the process of withdrawal of funds. This concern was still unsolved after one week and more with the request still pending.

Negative Bosctime Reviews on WikiFX

On WikiFX, “Exposure” is indicated as a word of mouth; gotten from the users.

The recommendation for traders is to check the information and risks before engaging in dealing with the unregulated platform. If fraudulent brokers persist, you can report in our Exposure section and our team will help to solve such problems.

Negative Bosctime Reviews on WikiFX

As of now, there was 1 piece of Bosctime exposure in total. I will introduce it.

Exposure 1. Cannot withdraw money

ClassificationCannot withdraw money
DateJan 8, 2020
Post CountryHong Kong

Conclusion

Trading with Bosctime might not be safe because no one watches over them. Investors should pick brokers that follow rules and are open about what they do to keep the money safe and follow the law. When you choose a trading site, go for ones that big rule-makers keep an eye on. This will help you feel safer and more at ease.

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