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Introduction

Boi-Trade.com is an online broker that offers its services to retail traders from all over the world. The company is based in the Marshall Islands and is owned by Builders Investment Ltd. The broker provides access to the global financial markets through the MetaTrader 4 platform and offers a wide range of tradable assets including forex, commodities, indices, stocks, and cryptocurrencies. In this Boi-Trade review, we will take a look at the broker in detail and see what it has to offer to its clients. We will also examine the company’s regulation, trading platforms and instruments, as well as its pros and cons.

What is Boi-Trade?

Boi-Trade.com is an online trading platform that offers a wide range of financial instruments including forex, CFDs, and cryptocurrency pairs. The company is headquartered in Tallinn, Estonia and is regulated by the Estonian Financial Supervision Authority (EFSA).

Boi-Trade.com offers three types of trading accounts: Standard, Pro, and VIP. The Standard account requires a minimum deposit of $250 and gives access to the full range of tradable assets. The Pro account requires a minimum deposit of $5,000 and gives access to additional features such as higher leverage and lower spreads. The VIP account requires a minimum deposit of $25,000 and gives access to even more features such as priority withdrawals and dedicated account manager.

The Boi-Trade.com trading platform is available in two versions: a web-based platform and a mobile app. The web-based platform is designed for beginner traders while the mobile app is designed for more advanced traders who want to trade on the go. Both platforms offer a user-friendly interface with all the essential features needed for online trading.

Some of the key advantages of trading with Boi-Trade.com include competitive spreads, no commissions on trades, fast order execution, and negative balance protection. In addition, the company offers 24/5 customer support via live chat, email, or telephone.

Regulatory Overview

The U.S. Securities and Exchange Commission (SEC) has published Investor Bulletin: Trading Procedures at Exchanges, which provides information on the different types of exchanges and their key features.

The SEC regulates securities trading in the secondary market, which is where investors trade securities that have already been issued. The main exchanges for secondary market trading in the United States are the New York Stock Exchange (NYSE), the Nasdaq Stock Market (Nasdaq), and regional exchanges.

Many other smaller exchanges also exist, often catering to a particular type of security or investor. For example, there are exchanges that only trade debt securities, such as corporate bonds, and others that only trade derivatives contracts, like options and futures. There are even some that only permit trades between two specific counterparties, rather than between any willing buyer and seller as occurs on public exchanges.

The key difference between public and private exchanges is who can trade on them. On a public exchange like the NYSE or Nasdaq, any qualified broker-dealer can execute trades on behalf of its customers. In contrast, private exchanges typically require participants to be large institutional investors, such as banks, hedge funds, or mutual fund companies. As a result, private exchanges tend to have fewer participants and higher transaction costs than public exchanges.

The SEC’s role is to protect investors by ensuring that the markets operate fairly and transparently. In addition to regulating secondary market trading through its rules governing broker-dealers,

Trading Platforms and Instruments

When it comes to trading platforms and instruments, Boi-Trade.com offers a wide variety of options for its clients. The company’s flagship trading platform is the MetaTrader 4 (MT4) platform, which is available for desktop, web and mobile devices. In addition to the MT4 platform, Boi-Trade.com also offers the WebTrader platform, which is a user-friendly platform designed for those who prefer to trade online without downloading any software.

As for instruments, Boi-Trade.com clients can trade a wide range of financial instruments including forex pairs, CFDs on indices, commodities, stocks and cryptocurrencies. In terms of leverage, Boi-Trade.com offers up to 1:500 leverage on forex pairs and up to 1:200 leverage on other instruments.

Pros and Cons

Choosing an online broker can be a daunting task, with so many different options available. In this Boi-Trade.com review, we’ll take a look at the brokerage’s regulation, trading platforms and instruments, as well as the pros and cons of using their services.

Regulation

Boi-Trade.com is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 258/14. CySEC is a member of the European Securities and Markets Authority (ESMA) and is considered to be a reputable regulator. The broker is also registered with the Financial Conduct Authority (FCA) in the UK, giving them passporting rights to operate across Europe.

Trading Platforms and Instruments

Boi-Trade.com offers its clients two different trading platforms: MetaTrader 4 (MT4) and WebTrader. MT4 is one of the most popular trading platforms in the world and is available for desktop, web and mobile devices. WebTrader is an web-based platform that does not require any software download or installation. It has all the same features as MT4 but is more convenient for those who want to trade on the go.

The broker offers a wide range of CFD instruments including forex pairs, cryptocurrencies, stocks, indices, commodities and ETFs. There are over 50 forex pairs available to trade with leverage up to 1:200 and spreads from just 0 pips on the EC

Conclusion

The bottom line is that Boi-Trade.com is a reliable and trustworthy broker that offers a great selection of trading platforms and instruments. The company is also highly regulated, which gives traders peace of mind when it comes to safety and security. However, there are a few drawbacks to using Boi-Trade.com, such as the high minimum deposit requirement and the lack of customer support options. Overall, though, we believe that Boi-Trade.com is a great choice for those looking for a reliable and safe online broker.

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