English

BOISIL GROUP foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.boisilfx.com/, about the company's legal and temporary regulatory information, the company's address 6 Thornes Office Park, Monckton Road, Wakefield, England,WF2 7AN, United Kingdom.

BOISIL GROUP Forex Broker

Basic Information

Registered Region

United Kingdom

Operating Period

Company Name

BOISIL GROUP LIMITED

Abbreviation

BOISIL GROUP

Company employee

Customer Service Email Address

info@boisilfx.com

Contact Number

+628119276644

Company Website

https://www.boisilfx.com/

Company address

6 Thornes Office Park, Monckton Road, Wakefield, England,WF2 7AN, United Kingdom

Keywords

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

BOISIL GROUP Review Summary Founded 2008 Registered Country/Region China Regulation Unregulated Market Instruments Forex, Commodity, Inices Demo Account Unavailable Leverage Flexible EUR/ USD Spreads N/A Trading Platforms MT4 Customer Support 24/h-Phone and email What is BOISIL GROUP？ BOISIL GROUP offers a comprehensive solution for trading, from providing the necessary trading platforms to executing and settling transactions. Additionally, their aim is to provide a positive client experience. By promoting BOISIL GROUP and referring new partners, individuals and organizations can increase their profit potential. It is worth noting, however, that BOISIL GROUP does not currently have valid regulation, meaning that its operations are not overseen by any government or financial authority. This may present risks for those considering investing with the company, and it is advisable to thoroughly research the potential risks and rewards before making any investment decisions. If you are intrigued, we extend a cordial invitation to peruse the forthcoming article where we will conduct a comprehensive evaluation of the broker from multiple perspectives. We will present you with concise and well-structured information, and conclude with a succinct summary that will offer you a comprehensive understanding of the broker's key attributes. Pros & Cons Pros Cons MT4 supported Not regulated Regional restrictions No social media presence Pros of BOISIL GROUP: - Supports MT4 trading platform, which is widely used and popular among traders. Cons of BOISIL GROUP: - BOISIL GROUP is not regulated, which raises concerns and potential risks for investors. - Has regional restrictions, meaning that some people might not be able to use the platform at all. - Has no social media presence, which could be seen as a lack of transparency and lack of engagement with their users. Is BOISIL GROUP Safe or Scam？ Although the broker claims to develop procedures to keep funds safe and offers balance protection, investing with BOISIL GROUP carries risks as they currently lack valid regulation and have no government or financial authority oversight. Before deciding to invest with them, it is crucial to conduct extensive research and carefully consider the potential rewards and risks involved. It is generally recommended to choose regulated brokers to ensure the safety of your funds. Market Instruments BOISIL GROUP offers a diverse range of trading instruments across various asset classes to cater to the needs of different traders. Here are the trading instruments available on the BOISIL GROUP platform: - Forex: BOISIL GROUP allows traders to engage in foreign exchange trading, where they can trade currency pairs such as EUR/USD, GBP/USD, USD/JPY, and more. Forex trading involves speculating on the fluctuations in exchange rates between different currencies. - Commodities: Traders on BOISIL GROUP can also trade in various commodities. This includes popular commodities like gold, silver, crude oil, natural gas, copper, and agricultural products like wheat, soybeans, and corn. Commodities trading enables investors to take advantage of price movements in these physical goods. - Indices: BOISIL GROUP provides access to major global stock market indices. Traders can speculate on the performance of indices such as the S&P 500, Dow Jones Industrial Average, NASDAQ, FTSE 100, DAX, and more. Investing in indices allows traders to gain exposure to the overall performance of a specific stock market. Account To open an account, traders can click “Open a Real Account” and fill in the form and upon completion they will receive an email with your login details that traders can use to log in to their secure members area. Trading Platforms BOISIL GROUP offers its clients the MetaTrader 4 (MT4) trading platform, which is one of the most widely used and respected platforms in the industry. MT4 is known for its user-friendly interface, advanced charting capabilities, and extensive range of trading tools and features. The trading platform provided by BOISIL GROUP is designed to cater to the needs of both beginner and experienced traders. It offers a seamless and efficient trading experience, allowing clients to trade various financial instruments across different markets. Moreover, the platform offers real-time market quotes, allowing traders to stay updated with the latest market prices and make informed trading decisions. Clients can also place various types of orders, including market orders, limit orders, stop orders, and more, to execute their trades based on their predefined strategies. Deposits & Withdrawals BOISIL GROUP offers convenient deposit and withdrawal options to its clients, providing flexibility and ease of use. Clients can choose from several payment methods, including VISA, Mastercard, Maestro, Skrill, and CHINAPAY, to fund their trading accounts or withdraw their profits. BOISIL GROUP accepts VISA, Mastercard, and Maestro, which are popular credit and debit card options worldwide. Clients can securely enter their card details on the platform, and the transaction is processed through a secure payment gateway. This option is convenient for clients who prefer to use their cards for deposits and withdrawals. Skrill is another payment option offered by BOISIL GROUP. Skrill is a renowned digital payment platform that allows users to send and receive money online securely. With Skrill, clients can make deposits and withdrawals swiftly without disclosing sensitive financial information. For clients in China, BOISIL GROUP accepts CHINAPAY, which is a widely recognized third-party payment platform in the country. Traders can use CHINAPAY to deposit and withdraw funds, making it convenient for Chinese clients to manage their trading accounts. Besides, Fx does not charge fees for client deposits nor withdrawals. However, banks cab charge wire transfer fees. It is important to ask traders bank what their applicable fees will be when initiating a wire transfer. Notes: All deposit requests are processed by their department within 1 working day. Bank wires:Your transfer request should be processed within 3–5 business days of the time your funds were sent from your account. Customer Service Customers can visit their office or get in touch with customer service line 24/h using the information provided below: Telephone: +62 8119276644 Email: info@boisilfx.com, support@boisilfx.com Address: TA-25P1 SHOUHERIN LAKE RESIDENCE UNIT 29 AC KEC. TANJUNG PRIOK, KEL. SUNTER JAKARTA UTARA BOISIL GROUP has a dedicated Frequently Asked Questions (FAQ) section on their website, which aims to assist clients by providing relevant information and addressing common questions. This section is designed to offer transparency and clarity regarding the company's services, processes, and investment opportunities. By providing this resource, BOISIL GROUP aims to help clients make informed decisions and find answers to their queries and concerns more easily. Conclusion In conclusion, BOISIL GROUP is a trading platform that offers a range of services to its clients. With its user-friendly interface and advanced charting tools, BOISIL GROUP's trading platform, MT4, caters to the needs of both beginner and advanced traders. However, BOISIL GROUP does not have proper regulation from a government or financial authority. This lack of regulation may raise concerns for potential investors and could expose them to risks. Therefore, traders should verify the regulatory status of BOISIL GROUP or any broker they choose to work with to ensure compliance with industry standards and regulatory requirements. Frequently Asked Questions (FAQs) Q 1: Is BOISIL GROUP regulated？ A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: How can I contact the customer support team at BOISIL GROUP？ A 2: You can contact via phone: +62 811927664 and email: info@boisilfx.com, support@boisilfx.com. Q 3: Does BOISIL GROUP offer demo accounts？ A 3: No. Q 4: Does BOISIL GROUP offer the industry leading MT4 & MT5？ A 4: Yes. It offers MT4. Q 5: At BOISIL GROUP, are there any regional restrictions for traders？ A 5: Yes. The relevant information on BOISIL GROUP is not applicable to the use of relevant information from the United States, Singapore, Hong Kong, North Korea and Iran residents or our customers in the above regions for transactions. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

BOISIL GROUP broker review

Is BOISIL GROUP safe or scam

Rating Index

Boisil Group Forex Broker - Comprehensive Information Guide

1. Broker Overview

　　Boisil Group Limited, established in May 2021, operates as a private limited company headquartered in Wakefield, England. The company primarily serves the forex market, catering to both retail and institutional clients. Boisil Group has positioned itself as a player in the financial services sector, particularly focusing on forex trading, commodities, indices, and shares.

　　The company has made significant strides since its inception, aiming to build a reputation for integrity, transparency, and security in trading. The operational model of Boisil Group includes providing a variety of trading services and products, which are tailored to meet the diverse needs of its clientele. With a commitment to high performance driven by technology, Boisil Group broker aims to optimize trading efficiency for its users.

　　As a relatively new entity in the market, Boisil Group has already established a solid foundation, focusing on creating a long-term relationship with its clients to facilitate their trading success. The business model encompasses retail forex trading and institutional services, showcasing its versatility in the financial arena.

2. Regulatory and Compliance Information

　　Boisil Group operates under the regulatory oversight of multiple authorities. It is authorized and supervised by the Australian Securities and Investments Commission (ASIC) and the Saint Vincent and the Grenadines Financial Services Authority. However, it is crucial to note that the company has faced scrutiny regarding its regulatory status, with some licenses being revoked in the past.

　　The regulatory license number for Boisil Group is 611521129, and it is essential for potential clients to be aware that the broker currently lacks a valid regulatory license. This absence of regulation raises significant concerns regarding the legitimacy of the broker and the potential risks involved for investors.

　　The company adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to ensure that all client transactions are conducted within legal frameworks. Client funds are kept secure through established procedures designed to protect customer money, and the firm is committed to maintaining transparency in its operations.

3. Trading Products and Services

　　Boisil Group offers a broad range of trading products, including a variety of forex currency pairs, CFDs (Contracts for Difference) on indices, commodities, stocks, and cryptocurrencies. The forex market is particularly well-represented, with numerous major and minor currency pairs available for trading.

　　The broker provides access to over 200 trading products across four asset classes. The trading platform is designed to accommodate both novice traders and experienced investors, offering a user-friendly interface and advanced trading tools. Boisil Group broker also frequently updates its product offerings to include new and trending assets, ensuring that clients have access to the latest market opportunities.

　　In addition to retail trading services, Boisil Group extends its offerings to institutional clients, providing tailored solutions that include white-label services and asset management. This dual approach enables the broker to cater to a diverse clientele, enhancing its market presence.

4. Trading Platforms and Technology

　　Boisil Group supports the widely recognized MetaTrader 4 (MT4) trading platform, known for its robust features and user-friendly interface. MT4 is favored by many traders for its comprehensive charting tools and technical analysis capabilities, allowing for efficient trade execution.

　　Additionally, Boisil Group offers a proprietary trading platform that is accessible via web and mobile applications, supporting both iOS and Android devices. This ensures that traders can manage their accounts and execute trades from anywhere, at any time.

　　The broker employs an ECN (Electronic Communication Network) execution model, which provides clients with deep liquidity and minimal price slippage. The technical infrastructure is designed to support automated trading strategies through API access, accommodating traders who prefer algorithmic trading methods.

5. Account Types and Trading Conditions

　　Boisil Group provides various account types to cater to different trading needs. The available accounts include:

Standard Account: Ideal for beginners, requiring a minimum deposit of USD 100. This account offers variable spreads starting from 0.5 pips on major currency pairs.
Pro Account: Designed for more experienced traders, offering tighter spreads starting from 0.2 pips for a higher minimum deposit.
Prime Account: Targeted at high-volume traders and institutions, providing specialized support and advanced trading features.

　　Leverage options vary by account type, with maximum leverage reaching up to 1:500 for forex pairs, 1:100 for cryptocurrencies, and 1:50 for stocks. Traders can utilize a minimum trading lot size, and the broker's policy on overnight fees is designed to maintain transparency regarding trading costs.

6. Fund Management

　　Boisil Group supports multiple deposit methods, including bank wire transfers, credit/debit cards, and cryptocurrencies. The minimum deposit requirement is set at USD 100 across all account types, making it accessible for new traders.

　　Deposits are processed swiftly, typically within one business day, while withdrawal methods include similar options. However, it is important to note that withdrawal fees may apply, with bank wire withdrawals incurring a fee of USD 25 and credit/debit card withdrawals subject to a 2.99% processing fee.

　　The broker's commitment to client fund safety includes segregating client funds from operational funds, ensuring that traders' investments are protected.

7. Customer Support and Educational Resources

　　Boisil Group offers customer support through various channels, including phone, email, and live chat. The support team is available 24/7, catering to clients across different time zones. The broker provides assistance in multiple languages, enhancing accessibility for a global clientele.

　　Educational resources are integral to Boisil Group's service offerings. The broker provides a range of materials, including webinars, tutorials, and eBooks, to help traders enhance their skills and knowledge. Additionally, clients have access to market analysis services, including daily updates and research reports, to inform their trading decisions.

　　The availability of trading tools, such as calculators and economic calendars, further supports traders in managing their portfolios effectively.

8. Regional Coverage and Restrictions

　　Boisil Group primarily serves clients in regions where forex trading is legal and regulated. The broker has established a presence in several key markets, including the United States and Australia. However, it is essential to note that Boisil Group does not accept clients from certain jurisdictions due to regulatory restrictions.

　　The broker's regional offices are strategically located to support its global operations, ensuring that clients receive localized assistance. Specific countries where Boisil Group does not accept clients include those with stringent regulatory frameworks that conflict with the broker's operational model.

　　In conclusion, Boisil Group broker stands out for its extensive range of trading products and services, robust trading platforms, and commitment to client support. However, potential clients should remain cautious due to the broker's regulatory status and the associated risks.

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