Introduction
Boom.com is an online platform that provides users with access to a variety of financial instruments and markets. The company is based in Australia and is regulated by the Australian Securities and Investments Commission (ASIC). The Boom.com platform offers a variety of features, including live quotes, charts, news, analysis and more. The company also provides a mobile app for iOS and Android devices. In this review, we will take a look at the Boom.com platform, its features, user ratings and more.
What is Boom.com?
Boom.com is an online broker that offers a range of investment products and services. The company is regulated by the Financial Conduct Authority (FCA) in the UK, and by the Central Bank of Ireland (CBI) for clients in the Republic of Ireland. Boom.com offers two main types of account – a Self-Invested Personal Pension (SIPP) and a general investment account. Both accounts offer access to a wide range of asset classes, including stocks, bonds, ETFs, mutual funds, and commodities. Boom.com also offers a range of investment tools and resources, including a real-time news feed, economic calendar, and market analysis.
Boom.com Review
Boom.com is an online broker that offers a wide range of financial instruments and platforms for its clients. It is regulated by the Financial Conduct Authority (FCA) in the United Kingdom and by the Cyprus Securities and Exchange Commission (CySEC). Boom.com has been operational since 2014 and is based in Nicosia, Cyprus.
The broker provides its clients with two main types of trading platforms: the MetaTrader 4 (MT4) platform and the Boom Trading Station (BTS). The MT4 platform is a popular choice among traders as it offers a wide range of features and tools for technical analysis. The BTS platform, on the other hand, is a web-based platform that is designed for beginner traders.
Boom.com offers a wide variety of financial instruments including forex pairs, CFDs on indices, commodities, stocks and cryptocurrencies. The broker also provides its clients with negative balance protection and does not charge any commissions on trades.
The minimum deposit required to open an account with Boom.com is $100 and the minimum trade size is 0.01 lots. Leverage up to 1:500 is available for retail clients and up to 1:200 for professional clients. The spreads offered by the broker are variable and start from 0 pips on major forex pairs.
Overall, Boom.com is a reliable broker that offers a wide range of products and services to its clients. The company is well-regulated and provides
Boom.com Regulations
Boom.com is a new online broker that has quickly become a popular choice for investors. However, before you open an account with this broker, it is important to understand the rules and regulations that govern its operation.
The first thing you need to know is that Boom.com is not regulated by the Financial Conduct Authority (FCA) in the UK. This means that it is not subject to the same strict rules and regulations as other brokers operating in this jurisdiction.
That said, Boom.com is still required to comply with certain regulations in order to operate lawfully. For example, it must adhere to anti-money laundering (AML) laws and keep client funds segregated from its own accounts.
In terms of platforms, Boom.com offers both a web-based platform and a mobile app. Both platforms are user-friendly and offer a wide range of features and tools.
In terms of instruments, Boom.com offers a good selection of forex pairs, CFDs on indices, stocks, commodities and cryptocurrencies. It should be noted that leverage levels are relatively high, so traders need to be aware of the risks involved.
Finally, in terms of user ratings, Boom.com has generally been well-received by users. The vast majority of reviews are positive and cite the broker’s low fees, good customer service and easy-to-use platform as key reasons for their satisfaction.
Boom.com Platforms
Boom.com is an online broker that offers a variety of trading platforms for its clients. The most popular platform among Boom.com users is the MetaTrader 4 (MT4) platform, which is available for both desktop and mobile devices. Boom.com also offers the WebTrader platform and the Boom Trading Station, which is a proprietary platform designed specifically for the company.
Boom.com provides its clients with a wide range of tradable instruments, including forex, CFDs, indices, commodities and cryptocurrencies. The company also offers a variety of account types to suit different trading styles and budgets.
Boom.com has generally positive user ratings, with most reviewers praising the company’s low fees, good customer service and easy-to-use platforms. However, some users have complained about the company’s withdrawal process, which can take up to five business days.
Boom.com Instruments
Boom.com is an online broker that offers its clients a wide range of instruments to trade with. The most popular ones are Forex, CFDs and Futures. The company also provides access to some less known but still interesting markets like cryptocurrency or bonds.
Boom.com has been around for more than 10 years now and during that time it has managed to build a good reputation among traders. It is regulated by the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC). Boom.com is a member of the Investor Compensation Fund (ICF), which protects clients’ funds up to €20,000 in case the broker becomes insolvent.
The company’s website is available in 7 languages: English, German, French, Spanish, Italian, Russian and Arabic. Boom.com offers its clients 3 types of trading platforms: MetaTrader 4/5, WebTrader and Mobile Trader. All of them are available as desktop or web-based versions and can be downloaded for free from the App Store or Google Play Store.
The minimum deposit required to open an account with Boom.com is $250 (or equivalent in other currency). The minimum trade size is 0.01 lot and the maximum leverage offered is 1:200. Spreads are variable and start at 2 pips on EUR/USD pair.
Boom.com Instruments:
Boom offers a wide array of different
Boom.com User Ratings
Boom.com is a popular online broker that offers a wide range of investment products and services. The company has been in operation for over 10 years and has earned a solid reputation among investors.
The company’s website is user-friendly and provides a great deal of information on the various investment products and services offered. Boom.com also offers an online chat service that is available to answer any questions that you may have.
The company has an excellent customer service record and provides a toll-free number for investors to call with any questions or concerns. Boom.com also provides a detailed FAQ section on their website.
Investors who are looking for a well-rounded online broker will find that Boom.com offers a great selection of investment products and services. The company’s customer service record is excellent, and their website is user-friendly.
Conclusion
Boom.com is a website that provides an online platform for users to trade cryptocurrencies. The website has been operational since 2018 and is based in the United Kingdom. Boom.com is a regulated company by the Financial Conduct Authority (FCA) and offers a user-friendly trading interface. The website also provides a mobile app for iOS and Android devices. Overall, Boom.com is a reliable and trustworthy website that offers good value for money.