Boss Capital Mobile
We have found out that Boss Capital has shut down their operations.
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It’s no secret that many traders these days lead busy lives. They are away from home a majority of the day working, running errands and attending to other personal or family needs. It does not leave much time to sit and home in front of the computer for sure.
Having an easy to use and understand mobile app is just one of the secrets to Boss Capital’s success. Its highly touted trading platform has an easy to understand user interface and a lot of support and information options for its traders. It has also become highly popular with users from the USA and is one of only a handful of online brokers that Americans are allowed to trade on. It is also one of the few brokers that took a lot of time developing their website to cater to the needs of US based traders.
A good mobile app gives the site users the ability to trade 24/7. A trade can be placed conveniently on one’s lunch break or even while taking in the opera; never again does a trader have to miss an opportunity at a profitable trade because they are not at home in front of the PC. It is just one of the ways that Boss Online is attracting new customers by the thousands.
The app features no additional charges to use it, has 24/7 support available the same as the website, can place the same option trades as the website, the users pay no commission on the trades and is available to use in several different languages. Also just like the computer interface, the mobile interface can be customized to the user and all the transactions made on the device are safe and secure.
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For a quick overview, let’s take a look at four possible binary options trades that can be done on the mobile app.
Boundary Instrument – this is where the user selects an assets price to finish either within the confines of a specified boundary or on the outside of it in order to make a successful trade.
Call and Put Instrument – these are the simplest types of binary option trades. The investor places a call option if they expect price movement to keep rising and a put option if they expect price to trend downwards.
Short Term Instrument – these are instruments that are traded on very short time frames as the name indicates. These are simple put and call options whose short time frame tends to make them less risky.
Touch Instrument – this is a binary option type trade where the investor simply picks if an option will hit a certain price point or not. They select touch if they think it will trend to the price point and no touch if they don’t think it will get to the specified price point.
The Boss Capital App makes it easy to place these types of trades and make a profit no matter where you are.
References and Further Reading:
1. The pricing of call and put options on foreign exchange (JO Grabbe – 1983)
2. The obstinate passion of foreign exchange professionals: technical analysis (L Menkhoff, MP Taylor – 2007)
3. The microstructure of foreign exchange markets (G Galati – 2000)
4. The microstructure of foreign exchange markets (JA Frankel, G Galli, A Giovannini – 2009)
5. The emergence of the euro as an international currency (R Portes, H Rey – 1998)
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