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bosslane Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-12 12:07

Abstract: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.

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
MT4✔Desktop, 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.

  

Related broker

No Regulation
bosslane
Company name:bosslane market limited
Score
1.58
Website:http://www.bosslanevip.com/zh-cn/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.58

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