Big Boss is a Forex company founded in 2013. There are points that you do not need to submit identity verification documents to open an account, there are abundant deposit and withdrawal methods, and the hurdles for the minimum deposit amount and the minimum number of transactions are low, so those who want to trade immediately can easily open an account. We handle 41 FX currency pairs, 2 precious metals, 2 energy, and 8 stock indexes. Forex traders will not complain because you can challenge even with minor currencies. It will also be a company that has a financial license.
BigBoss is an FX brand operated by Prime Point LLC. The FX virtual currency trading service will be available in 2013, and it is still an emerging company.
|Prime Point LLC
|P.O. Box 1823 Kingstown, VC0100 St. Vincent & the Grenadines
|Business start date
|June 12, 2013
|Number of employees
A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is Big Boss licensed?
|Prime Point LLC
|St. Vincent and the Granadeen Financial Services Agency (SVG)
Whether or not withdrawal is refused
It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. What about Big Boss, as some companies run away at worst? The patterns of withdrawal refusals from past cases are summarized below. BigBoss has no restrictions on scalping, double-decker, automatic trading, etc. It is possible to buy and sell automatically using EA on the trading tool MT4.
|Account name and withdrawal name are different
|Withdrawals are not possible to prevent money laundering.
|Banks without SWIFT code registration
|BigBoss does not allow you to withdraw from a bank account that does not have a SWIFT code registered.
|Transactions that overload the server due to ultra-short-term trading
|A user who has traded many times at super high speed has had an account freeze in the past.
|Arbitrage is prohibited.
|Double-decker transaction with multiple accounts
|Double-decker transactions are possible if the same account is used, but if the accounts are different, it is a fraudulent transaction.