BOQ Trading Review 2020

BOQ Trading Rated 3/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
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BOQ Trading Guide - Read our In Depth BOQ Trading Review

This BOQ Trading review was written by industry experts with over 20 years of financial experience in Forex trading, CFD trading, Spread Betting, Share Dealing.

What is BOQ Trading?

BOQ Trading are an a global online financial trading platform and multi asset broker founded in 2014

Over 6 years later BOQ Trading has grown to offering retail investors Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading.

BOQ Trading are a global broker and have a head office in United States.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this BOQ Trading review and assess how well the BOQ Trading platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like BOQ Trading can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of BOQ Trading we breakdown the pros and cons. What BOQ Trading are able to offer, what countries BOQ Trading are available in. Who BOQ Trading are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this BOQ Trading review useful.

This review of the BOQ Trading platform is very detailed. If you are interested in trading with BOQ Trading in any capacity please take the time to read and research the whole BOQ Trading review.

We have tried to explain the ins and outs of financial trading through the BOQ Trading platform as plainly as possible so that you the trader are as informed as possible before you start to use the BOQ Trading trading tools and depositing and withdrawing funds from BOQ Trading.

Benefits of trading with BOQ Trading

Open BOQ Trading's Website

Your capital is at risk

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with BOQ Trading like Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. you should have confidence in BOQ Trading and know that the management of your financial investments on the BOQ Trading platform is in good hands.

At the bottom of this BOQ Trading review you can also learn about some pretty good alternatives to BOQ Trading

With this BOQ Trading review we hope to help you see if BOQ Trading is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding BOQ Trading that will help you get off to a good start in the world of online trading.

BOQ Trading Review Table of Contents

BOQ Trading review
BOQ Trading is a Multi-Assets Trading Platform with over 61+ Assets

Learn more about BOQ Trading. BOQ Trading is a multi asset platform with 61+ tradable Assets. Assets available on BOQ Trading include Forex trading, CFD trading, Spread Betting, Share Dealing.

BOQ Trading trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, CFD trading, Spread Betting, Share Dealing are considered financial assets.

BOQ Trading review
Features of BOQ Trading

BOQ Trading review
What you should know

BOQ Trading offer four ways to trade: Forex trading, CFD trading, Spread Betting, Share Dealing.

With BOQ Trading you will need a minimum deposit of $200. You can sign up for a demo account to acquaint yourself with BOQ Trading platform.

BOQ Trading are able to accommodate various levels of traders whether you are experienced or a beginner.

BOQ Trading review
Are BOQ Trading safe?

When choosing a broker like BOQ Trading the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2014, and in operation for 6 years BOQ Trading have a head office in United States.

BOQ Trading is regulated. This means BOQ Trading are supervised by and is checked for conduct by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to BOQ Trading, this will be honored. If BOQ Trading violate any regulatory rules their regulated status could be stripped.

BOQ Trading review
Is my money safe with BOQ Trading?

Any payments funded to BOQ Trading accounts by traders are held in a segregated bank account.

For added security BOQ Trading use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should BOQ Trading use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in BOQ Trading deposited in a Tier 1 bank?

Having any money you deposit with BOQ Trading means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if BOQ Trading goes out of business for some reason.

Therefore, we can safely conclude that BOQ Trading is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex trading, CFD trading, Spread Betting, Share Dealing is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. BOQ Trading also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding BOQ Trading. let us look at the BOQ Trading features in more detail.

Try creating two accounts when you are working with BOQ Trading. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit BOQ Trading

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How BOQ Trading as a Company Compare Against Other Brokers

Broker boqtrading eToro IC Markets XTB
Year Established 2014 2006 2007 2002
Head Office United States Cyprus, UK Australia Poland
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ BOQ Trading users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit BOQ Trading Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BOQ Trading review
BOQ Trading Pros and Cons

What we like about BOQ Trading

  • Used by over 10,000 BOQ Trading users and traders
  • Established in 2014
  • Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
  • Min. deposit from $200

What we don't like about BOQ Trading

BOQ Trading review
BOQ Trading Regulation and Licensing in more detail

We have checked and BOQ Trading is regulated and supervised by reputable organisations. You are able to check every BOQ Trading supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with BOQ Trading. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect BOQ Trading traders and provide a safe trading environment.

BOQ Trading is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as BOQ Trading you should be sure they're legitimate online agent.

BOQ Trading review
Is BOQ Trading Global?

Yes, BOQ Trading is global as BOQ Trading is available in over 194 countries.

BOQ Trading is a global trading platform in the sense that it operates in 194 nations including nations in Europe, Asia, Oceania, and Africa. Major countries BOQ Trading covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. BOQ Trading has a total of more than 10,000 users.

BOQ Trading review
BOQ Trading Fees Explained

  • BOQ Trading withdrawal fees varies on payment method
  • BOQ Trading does charge a fee for inactive accounts.
  • BOQ Trading does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How BOQ Trading Fees Compare Against Other Brokers

Broker boqtrading eToro IC Markets XTB
Min Deposit 200 200 200 0
Withdrawal Fees 0 Yes No varies
Inactivity Fees Yes No No
Deposit Fees No Varies No
CFD Commission Fees No Yes Yes

BOQ Trading review
BOQ Trading Minimum Deposit

BOQ Trading require a minimum desposit of 200 GBP/USD when opening an BOQ Trading trading account.

A minimum deposit is the minimum amount of money required by BOQ Trading to open a new online brokerage account with them.

Dont be scared off by brokers like BOQ Trading charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

BOQ Trading review
BOQ Trading Withdrawal Fees

BOQ Trading withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

BOQ Trading for example allow you to withdraw your funds to Debit Cards, Credit cards, BPAY.

BOQ Trading review
BOQ Trading Inactivity Fees

BOQ Trading does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

BOQ Trading review
BOQ Trading Desposit Fees

BOQ Trading does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

BOQ Trading review
BOQ Trading Commission Fees

BOQ Trading does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

BOQ Trading review
What can you trade with BOQ Trading?

Be aware that Different entities under BOQ Trading Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with BOQ Trading over 61 instruments infact.

If you are looking at trading currency pairs BOQ Trading offer over currency pairs.

Compare BOQ Trading with eToro and IC Markets below.

Your capital is at risk

How BOQ Trading Trading Options Compare Against Other Brokers

Broker boqtrading eToro IC Markets XTB
Instruments Available 61 2000 232 4000
Platforms MetaTrader 4,Mac,iPhone Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 50 65 50
Major Forex pairs No Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 19 21
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural NO Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 957 100 1696
UK Shares No Yes No Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit BOQ Trading
Your capital is at risk
Visit eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BOQ Trading review
Trading on BOQ Trading web platforms and other applications

BOQ Trading offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

An BOQ Trading IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

BOQ Trading also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.


See BOQ Trading's platforms

BOQ Trading review
Is the BOQ Trading Trading Platform Secure?

BOQ Trading safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. BOQ Trading also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating BOQ Trading.

BOQ Trading review
BOQ Trading Trading Platform Options

Once you have logged into your BOQ Trading account you will see the below trading platform options available to you.

  • MetaTrader 4 (MT4)

BOQ Trading does not offer the MetaTrader 5 (MT5) trading platform. If you are looking for a online platform that does support MT5 click here

BOQ Trading does not offer the cTrader trading platform. You can find a broker that supports cTrader here

Lets explore each of these trading platforms in detail and what options BOQ Trading gives you.

BOQ Trading review
BOQ Trading MetaTrader 4 (MT4)

BOQ Trading MetaTrader 4

MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with BOQ Trading. You can learn more about the MT4 Platform here.

You can start using the MetaTrader 4 platform with BOQ Trading in multiple formats including through an online web platform, Through a downloadable application for Windows PC's and Apple Macintosh computers. BOQ Trading MetaTrader 4 is compatible with the latest macOS Mojave. BOQ Trading allows traders to trade on mobile devices through Android and IOS devices like the iPhone.

Metatrader 4 Webtrader on BOQ Trading

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade BOQ Trading MetaTrader 4 on IOS Devices

You can download the BOQ Trading app or also trade with BOQ Trading through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. IC Markets customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade BOQ Trading MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. BOQ Trading provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android BOQ Trading MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade BOQ Trading MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

BOQ Trading MetaTrader 4 Advanced Trading Tools

The BOQ Trading advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. BOQ Trading offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade BOQ Trading MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

BOQ Trading MetaTrader 4 AutoChartist

BOQ Trading Autochartist provides the world's first Market Scanner available for MT4 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

BOQ Trading Trading benefits :

  • Low min deposit

BOQ Trading Trading Accounts Offered :

Can I try BOQ Trading before I buy?

BOQ Trading offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

BOQ Trading withdrawal and funding methods.

Please note that the list of BOQ Trading payment methods below depend on the BOQ Trading Entity and the Clients Country of Residence.

BOQ Trading offer the below funding payment methods. learn more about BOQ Trading

BOQ Trading Payment Methods

  • BOQ Trading accepts Debit Cards
  • BOQ Trading accepts Credit cards
  • BOQ Trading accepts BPAY
Broker boqtrading eToro IC Markets XTB
Bank transfer No Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes No Yes
Neteller No Yes Yes Yes

How can I start trading with BOQ Trading?

When opening a trading account with BOQ Trading, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on BOQ Trading trading platforms here.

Your capital is at risk

Performing trades with BOQ Trading

BOQ Trading allow you to execute a minimum of trade of varies. This may vary depending on the account you open. BOQ Trading allow you to execute a maxium trade of varies.

As a market maker, BOQ Trading may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the instruments.

BOQ Trading Leverage and BOQ Trading CFDs Explained

let's take a look at some of the basics of using BOQ Trading leverage.

BOQ Trading offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

BOQ Trading leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the BOQ Trading trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The BOQ Trading leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

BOQ Trading CFDs are typically used for short to medium term trades. For example BOQ Trading intraday trading.

Education resources at BOQ Trading

To trade effectively with BOQ Trading, it's important to get a have a good understanding of the BOQ Trading trading tools and the markets.

BOQ Trading offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with BOQ Trading.

Take time to look around the BOQ Trading platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at BOQ Trading

BOQ Trading support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

BOQ Trading have a D grade support rating because because sometimes the response was slow or our query wasnt answered. BOQ Trading less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at BOQ Trading

We tested the BOQ Trading live chat and it works well. We sent messages to BOQ Trading livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.

We tested communicating with BOQ Trading support in multiple languages in multiple countries. BOQ Trading where able to resolve our customer issues.

Email Support at BOQ Trading

We sent several emails to BOQ Trading and answer times overall were excellent. The fastest response from BOQ Trading was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with BOQ Trading, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from BOQ Trading.

Phone Support at BOQ Trading

We called BOQ Trading and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The BOQ Trading phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual BOQ Trading team by calling in varying languages. BOQ Trading made an effort to make sure our queries were answered.

Overall the phone support from BOQ Trading was okay.

See how BOQ Trading Support Compares Against Other Brokers

Broker boqtrading eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit BOQ Trading Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with BOQ Trading

As BOQ Trading is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under BOQ Trading Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore BOQ Trading's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with BOQ Trading you can visit the BOQ Trading trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.boq.com.au on November 25, 2020.

BOQ Trading review
Is BOQ Trading A Good Broker?

We spent over 3 months examining BOQ Trading in depth. Although we found some very useful aspects of the BOQ Trading platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative BOQ Trading broker.

  • BOQ Trading have a good track record of offering Forex trading, CFD trading, Spread Betting, Share Dealing.
  • BOQ Trading has a history of over 6 years.
  • BOQ Trading has a reasonable sized customer support of at least 10.
  • BOQ Trading are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). This means BOQ Trading fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • BOQ Trading have regulation from a Tier 1 reputable country.
  • BOQ Trading has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • BOQ Trading have an international presence in multiple countries. This includes local BOQ Trading seminars and training.
  • BOQ Trading are able to hire people from various locations in the world who can better communicate in your local language.

BOQ Trading Risk Disclaimer

Your capital is at risk

BOQ Trading review
BOQ Trading not quite right?

If after reading this BOQ Trading review, BOQ Trading does not fulfill your needs check out these BOQ Trading Alternatives.

Click here to view the best BOQ Trading Alternatives

We have spent years researching the best alternatives to BOQ Trading. Click the links below to learn more.

If you feel some of the above BOQ Trading are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of BOQ Trading alternatives below.

BOQ Trading review
Related BOQ Trading Vs Comparisons

We have covered allot in this BOQ Trading review, If you want to see how BOQ Trading compares side by side with other brokers check out our BOQ Trading Vs pages.

If you would like to see how BOQ Trading stands up against other brokers you can read some of our BOQ Trading comparisons below. We compare side by side some of our top rated BOQ Trading versus comparisons. Read our indepth BOQ Trading VS pages below.

BOQ Trading review
BOQ TRADING Frequently Asked Questions

Can I try BOQ Trading before I buy?

BOQ Trading do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do BOQ Trading accept?

Please note that the list of payment methods below depend on the BOQ Trading Entity and the Clients Country of Residence.

BOQ Trading offer the following funding payment methods Debit Cards, Credit cards, BPAY, among other payment methods.
Learn more here

Your capital is at risk

Is BOQ Trading safe?

BOQ Trading are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). Any payments funded to BOQ Trading accounts by traders are held in a segregated bank account. For added security BOQ Trading use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is BOQ Trading trading good?

BOQ Trading is considered good and reputable to trade with BOQ Trading. BOQ Trading is used by over 10000 active traders and BOQ Trading users. BOQ Trading offers Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. Minimum deposit with BOQ Trading is 200.

Is BOQ Trading trading Legit?

BOQ Trading was founded in United States in 2014. BOQ Trading has been facilitating trade on the financial markets for over 6 years. BOQ Trading offers clients Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. All funds deposited to BOQ Trading are held in segregated tier 1 bank accounts for security. BOQ Trading is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) so can be considered legit.

Is BOQ Trading a good broker?

BOQ Trading is overseen by the top tier financial regulators Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) so can be considered a good broker. BOQ Trading allows Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading.

Is BOQ Trading trustworthy broker?

BOQ Trading can be considered trustworthy. All money funded to BOQ Trading is placed into a segregated tier 1 bank account. this means your money in not held by BOQ Trading directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also BOQ Trading is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).

What is the minimum deposit for BOQ Trading?

The minimum deposit to trade with BOQ Trading is 200.

How long do BOQ Trading withdrawals take?

Withdrawing money from BOQ Trading processing time varies but averages 2-5 days.

Is BOQ Trading regulated?

BOQ Trading is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).

Is BOQ Trading a market maker?

BOQ Trading is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with BOQ Trading?

When opening a trading account with BOQ Trading, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on BOQ Trading trading platforms here.

Is my money safe with BOQ Trading?

BOQ Trading is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). One of the most important criteria for traders when choosing a broker like BOQ Trading is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to BOQ Trading, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is BOQ Trading a con?

BOQ Trading is regulated and well established having been in business for over 6 years. BOQ Trading is definitely not a con.

Can you make money with BOQ Trading?

Although traders have had great success with BOQ Trading. Trading on the financial markets with BOQ Trading is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does BOQ Trading have fees?

BOQ Trading withdrawal fees varies on payment method. BOQ Trading does charge a fee for inactive accounts. BOQ Trading does charge deposit fees.

When was BOQ Trading founded?

BOQ Trading was founded in 2014.

How many people use BOQ Trading?

BOQ Trading is used by over 10000 registered BOQ Trading users.

What is BOQ Trading Headquarters country?

BOQ Trading has its head quarters office in United States.

Does BOQ Trading offer negative balance protection?

BOQ Trading does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does BOQ Trading offer guaranteed stop loss?

BOQ Trading does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does BOQ Trading allow scalping?

BOQ Trading does not offer scalping.

Does BOQ Trading allow hedging?

BOQ Trading does not offer hedging.

Does BOQ Trading offer CFD trading?

BOQ Trading offers CFD trading.

Does BOQ Trading offer STP?

BOQ Trading does not offer STP trading.

How many people use BOQ Trading?

BOQ Trading is used by over 10000 BOQ Trading users and traders.

Is BOQ Trading an ECN broker?

BOQ Trading does not offer ECN trading.

Does BOQ Trading offer a demo account?

BOQ Trading does not offer demo account.

Does BOQ Trading offer an Islamic account?

BOQ Trading does not offer Islamic accounts.

What are the funding methods for BOQ Trading?

BOQ Trading accept the following funding methods : Debit Cards, Credit cards, BPAY.

BOQ Trading review written by Andrew Blumer and Mark Hansen

We hope you found our review of the BOQ Trading brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

BOQ Trading review written by Mark Hansen of Comparebrokers.co