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 are a new entrant in the realm of trading and brokerage, so many facts will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough knowledge. You'll get adept at all the concepts of brokerage as you keep trading. For starters, you have to choose the ideal agent who'll be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment plan will create hefty returns. BOQ Trading is one such stage that will take you and your investment into great heights. It is important that you understand all about BOQ Trading until you trust them with your money.
Our full BOQ Trading Review covers everything you need to know about trading with BOQ Trading. A fantastic broker can multiply your initial investments and provide you positive profits. If you want to earn profits, you should trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire method to ensure profits; thus, you should carefully assess your broker before you select them. It's a frequent misconception that all brokers are exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments in danger.
BOQ Trading is a broker which has paved its way successfully to the broker world. Within this review, we have tried to collate some of the important facets of BOQ Trading. This review will allow you to know whether BOQ Trading is a good fit for your own investments or not. We've attempted to breakdown all of the qualities and charges 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 variety of instruments for online trading. Since its start in 2014, BOQ Trading has emerged as a top-tier player in the field of online brokerage. BOQ Trading has a highly aggressive and full-featured trading site that's focused on forex, indices, metals, stocks , commodities.
Over the past 7 years, BOQ Trading has grown into one of the leading online brokers.
After launching in 2014, their client base is becoming as large as 10,000+ clients.
BOQ Trading is the favorite for many traders.. Our BOQ Trading review found that they're an excellent choice for automated trading solutions. It's best suited for investors who are looking for a variety of assets. Social and automated trading options are the heart at BOQ Trading.
Technology plays a significant role in BOQ Trading. BOQ Trading features trading on MetaTrader 4,Mac,iPhone. BOQ Trading is fair, transparent, and also a well-regulated broker by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). Their outstanding variety of tools will be beneficial for most traders. Third-party partnerships also provide in-house analysis.
The educational section at BOQ Trading is quite enlightening for new dealers since it allows 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 almost any well-diversified approach to 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.
Everything you should know about trading with BOQ Trading
BOQ Trading is a lively platform that provides various procedures of trading online. These instruments cover the monetary markets substantially. The Majority of the broker platforms offer fewer approaches than BOQ Trading
If you want to exchange with BOQ Trading, you will need a minimum deposit of $200. This deposit is required if you want to start trading with BOQ Trading. This 2021 BOQ Trading review will guide you clearly about trading with them.
BOQ Trading is as versatile as any other brokerage platform. BOQ Trading is great for traders that want a manageable range of cheap services. The platforms provided 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 absolutely no minimum time over which a transaction has to be kept available. The brokers provide premium client service which rewards customers with advantages.
Many unprofessional brokers attempt to pressurise customers into bigger financing for premium services. BOQ Trading, on the other hand, is more concentrated on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the greater benefits will become available.
BOQ Trading accounts are available globally and provides outstanding 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?
Established in 2006, BOQ Trading has been open for 7 years, they have a head office in United States.
BOQ Trading is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). These figures have rules that mandate that trading platforms have steps in place to maintain investor's resources procured. This usually means that BOQ Trading users do not need to worry about their money as it is segregated and safely kept in banks that are established. SSL encryption simplifies each user's personal information as well.
You can make use of an option for Two Factor Authentications (2FA) with BOQ Trading for heightened security. An SMS with the verification code will be sent to your phone. You will be required to enter this code to log in to your accounts.
Another concern with fiscal brokers is in respect to safety may be manipulation of trading. This is highly disadvantageous to users on these platforms. Nonetheless, this is more widespread in the case of Market Maker agents who compete with customers on the stage.
Pro's & Con's Of Trading With BOQ Trading
Every online trading platform will have some pros and cons 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||Vanguard Investments||AxiTrader||Charter Prime|
|Headquarters||United States||United States||Australia||Australia|
|Regulated By||Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)||Office of the Comptroller of the Currency||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)||Financial Conduct Authority (FCA)|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Losses can exceed deposits||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 data encryption functions, it supplies an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer data is never to be shared with some other institutions or individuals. Including credit history and other financial information.
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 you need to begin on BOQ Trading is $200. This is a decent amount for people just beginning. You can make more advanced residue as you cooperate. But, make certain that you know how to make the most of your cash before investing in larger amounts.
BOQ Trading Review - Commission And Fees Explained
BOQ Trading is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily influenced by the amount of customers they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 types of penalties for this purpose.
The first sort of fees to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In these instances, you're spending a spread, financing speed, or a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are those who are charged when you hold a leveraged position for more than a day.
Aside from trading fees, online brokers also charge non-trading fees. These are dependent on the activities you undertake on your accounts. They're charged for surgeries like depositing cash, not trading for long periods, or withdrawals.
Generally, BOQ Trading does not charge high fees compared to other online brokers. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who regularly trade, for example weekly or daily trading.
But, non-trading fees billed by BOQ Trading are relatively competitive. Consequently, you're billed more for non-trading activities on your trading account, such as deposits and withdrawal. These are not about the purchase and sale of assets.
This BOQ Trading review breaks down each of the relevant non-trading fees for you in detail.
Compare broker fees against BOQ Trading
|BOQ Trading||Vanguard Investments||AxiTrader||Charter Prime|
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 sums up to the sum of your account balance, keeping aside the margin utilized. One thing to remember is that you don't necessarily need to have any cash in your accounts.
In addition, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, if you used a credit card for deposits, then the withdrawn cash 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 various currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency 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 traders that have not participated in purchasing or selling for a while. The period regarded as inactive is decided by the broker.
The inactivity fee also differs from one broker to another and isn't standardized. If a traders account doesn't have a purchasing or selling trade, it is maintained by the agent as an inactivity fee. The traders need to pay this fee under terms and conditions that they had agreed while enrolling.
BOQ Trading doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no charges have been implied by BOQ Trading, it's better that you close the account if you're inactive. Inactivity fees aren't only charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee depends on the sort of account you've chosen. The inactivity fee is exposed to a lot of circumstances and needs to be revealed clearly by the agent beforehand.
BOQ Trading Review - Deposit Fees Explained
When you move money in your trading account from the bank account, a deposit fee can be charged 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 money on the BOQ Trading trading platform is simple. You just have to finish a single-user profile questionnaire to begin depositing money into your trading account. You will need to provide an identity evidence and proof of residency to deposit large amounts.
BOQ Trading Review - Compare Broker Deposit Methods
|BOQ Trading||Vanguard Investments||AxiTrader||Charter Prime|
What Can You trade With BOQ Trading?
Note: BOQ Trading provides many different trading instruments due to regulatory restrictions in many 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, Vanguard Investments, AxiTrader & Charter Prime below.
Alternatives To BOQ Trading
If, after reading this BOQ Trading review, BOQ Trading doesn't quite fulfill your requirements check out these BOQ Trading alternatives.
We've scoured the web 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 definitely try BOQ Trading before you buy. BOQ Trading provides demo accounts for the convenience of beginner traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.
If you sign up to get a demo account on BOQ Trading, you will set out with a decent amount of virtual money. It is to establish a feeling of safety and confidence in you before you choose to invest your own money.
With this virtual BOQ Tradingdemo account, you can experiment in any way, to whatever period you wish. You can also open positions, test different trading strategies, and more.
BOQ Trading specifies on its official website which you can exchange real time stocks with your demo account.
Is BOQ Trading safe?
It is possible to drop all of your worries because we believe that BOQ Trading is completely safe to use. It's 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 a number of methods to finance your account with BOQ Trading. The process is effortless and quick, with various payment methods in 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 money. You have to bear in mind that PayPal is not available in all country. The monies BOQ Trading
Is my money safe with BOQ Trading?
Yes, your money is safe and secure with BOQ Trading. As you already know, BOQ Trading works with good conformation to. It's established plenty of measures to guard all its investors.
BOQ Trading protects its customers' personal and sensitive data under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you wish to further protect your account, you can enable Two-Step Verification as well. It takes an SMS affirmation that you get your account.
Is BOQ Trading trading good?
Yes, trading through BOQ Trading is a nice and good experience indeed. It's a great and intuitive platform with helpful features for your simplicity. In addition, you can also obtain access to a vast selection of educational resources and assistive substance to kickstart your trading experience.
If you are still skeptical, it is possible to start a eToro demo account and assess the credibility of the platform for yourself.
Which Countries does BOQ Trading support?
BOQ Trading operates across the globe. However, due to regulations there are some countries that BOQ Trading cannot 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 a great broker, and its own users can vouch for it. The highlight of this platform is its fast order execution on trades.
You will find the clean design of this platform along with the admirable 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 one of the industry leaders. It supports over 10,000+ registered users and over 7 years of expertise on its record. They are one of the world's top trading platforms and a prominent figure in the Fintech revolution.
It majorly owes this status to its incredible platform and wide range of resources plus tools so that you can 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?
Using BOQ Trading, several traders earn a lot of cash. However, typically, through consistent trading, you can create between 2% - 10% profit a month.
This can look to be a small number, but within the year, this adds to a substantial number of gains. While BOQ Trading supply you all of the tools to earn money, they can't guarantee you will gain.
Does BOQ Trading have fees?
Yes. To start trading using BOQ Trading, you have to deposit $200. Particular commissions while trading additionally applies. Any processing fees from your bank might need 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 worldwide recognised agent with 10,000+ clients.
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 doesn't offer negative balance protection. If your balance is unfavorable, BOQ Trading indicates you contact client services. With this, you are able to fix any imbalances within your own account.
Does BOQ Trading offer guaranteed stop loss?BOQ Trading unfortunately, does not provide guaranteed stop loss. BOQ Trading gives an opportunity to its traders to close their trades at their given price. Apart from this, BOQ Trading doesn't provide guaranteed stop loss.
Does BOQ Trading allow scalping?Yes, BOQ Trading do permit scalping. Many traders throughout the world select BOQ Trading for 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.