Withdrawals from Boss Capital
Before you can make a withdrawal request from Boss Capital, you will need to provide documentation establishing your identity and your place of residence. This is a standard industry practice, and if you take care of it as soon as you open up an account, then it won’t slow down the withdrawal process at all. You will need to send a scanned copy of a government issued photo ID, a copy of a utility bill that shows your home address, and if you are using a credit card, then a scanned copy of the front and back of the cars. Be sure to block out all but the last four digits of the card. Also, block out the CVV on the back. This info isn’t necessary for the broker to confirm your card and it helps add an extra level of security to your account.
If you used a credit card to fund your account, your funds will be sent back to that same credit card. Withdrawals are free when you use a credit card. If you are going to use a wire transfer, the first one each month is free. After that, they have a $30 fee attached to them.
Withdrawals can take up to four days for Boss Capital to process. After this, it could take your bank another five to seven days before they finalize the transaction on their end.
Is Boss Capital right for you? That’s up to you to decide.
Boss Capital is not currently regulated. As such, we encourage you to be very cautious before you decide to deposit with this broker.
With this said, Boss Capital does seem to have a lot to offer. Our Boss Capital review has all of the information you will need to figure out if this is the right place for you to trade. If you have further questions, spend some time looking at the site itself. If there are any unresolved questions, get in touch with their customer support team.
Trading binary options is very risky, and going with a low quality broker can increase this risk. The broker might not necessarily be a scam, but that doesn’t mean that it is going out of its way to protect you and your money. We encourage you to think carefully about risk management and the protection of your capital. Our Boss Capital review is here to help you get started off in the right direction and pick the right broker for your personal and unique needs.