Boloni is a contracts-for-difference (CFD) broker, with its official website domain boloniltd.com registered on October 9, 2024. The platform focuses on providing trading services for investors in forex, precious metals, crude oil, indices, and cryptocurrencies, but it does not offer services in regions where it might violate local laws and regulations.
Platform Services
Trading Accounts
Boloni offers trading accounts through its website boloniltd.com with spreads starting from 1 pip and allows leverage up to 1:400. However, specific details about minimum deposit requirements, margin call levels, and stop-out margins are not disclosed on the website.
Trading Platform
The broker provides users with the ST7 trading platform, which supports both desktop and mobile access. The platform is equipped with powerful chart analysis tools, including over 50 technical indicators and intraday analysis tools.
However, the mobile download link provided on their website shows the mobile app appearing as RCICAI on the App Store and RTHYUTG on Google Play, instead of ST7.
Trading Products
Forex
The platform offers trading in major forex pairs such as EUR/USD, USD/CAD, GBP/USD, USD/JPY, covering dozens of different forex offerings.
Precious Metals
Users can trade precious metals such as spot gold (XAUUSD) and silver (XAGUSD) on the platform.
Crude Oil
The platform also supports contracts-for-difference (CFD) trading in US crude oil (UsOIL).
Indices
Provided index trading includes the Nikkei 225 (N225), GER30, and S&P 500 (US500).
Cryptocurrencies
Cryptocurrency trading covers various major digital currency pairs including Bitcoin (BTC/USD), Ethereum (ETH/USD), and Ripple (XRP/USD).
Deposit and Withdrawal Methods
Boloni has not disclosed specific deposit and withdrawal methods on its website, nor does it mention whether any fees are involved in the deposit or withdrawal processes.
Social Media and Contact Information
Boloni does not provide contact channels on major social media platforms such as Facebook, Instagram, or Twitter. Users can only communicate with this broker through email or online forms offered on its official website.
Company Background and Regulatory Information
Company Background
According to its website, Boloni is headquartered in Denver, Colorado, United States, at 1430 Stout St, Denver, Colorado, United States. The platform claims to be one of the top 50 financial services companies, yet it does not provide any detailed company registration information or regulatory credentials.
Additionally, the broker's website claims that the platform's funds safety is guaranteed by the UK's Markets in Financial Instruments Directive (MiFID).
Regulatory Information
Upon checking, no regulatory information related to Boloni was found on the websites of the Financial Industry Regulatory Authority (FINRA) or the U.S. Securities and Exchange Commission (SEC). Moreover, no authorization records for this company appear on the UK's Financial Conduct Authority (FCA) website.
Conclusion
Boloni is a CFD broker established in 2024. While the broker offers a variety of trading products, it fails to provide information about the actual company and lacks authorization from any financial regulatory body. Investors should exercise caution when choosing such platforms and be fully aware of associated risks.
Risk Warning: CFD trading carries high risks. Due to leverage, market volatility will be magnified. Investors should manage risks prudently. Ensure you fully understand trading mechanisms and associated risks, set investment strategies according to your risk tolerance, and only invest funds you can afford to lose.
