Boom Assets Market has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After using Boom Assets Market since last summer, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Customizable dashboard|Copy trading available|Responsive team
Cons: Limited cryptocurrency options|No live chat on mobile
After spending since I retired last year trying to make Boom Assets Market work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Helpful community forum|Economic calendar|Fast support response|Intuitive for beginners
Cons: Wait times can be long during peak hours|Research section could be deeper
I invested $25,000 with Boom Assets Market after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Boom Assets Market has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by Financial Markets Authority|Cannot verify credentials
I found Boom Assets Market through word of mouth in my investment club and the initial impression was positive. But for roughly four months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Clean UI|Educational resources|Good analytical tools|Responsive team
Cons: Onboarding videos are outdated|Inactivity fee applies after 12 months
My withdrawal from Boom Assets Market was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for over three years of being strung along.
Pros: Social trading features|Fast execution
Cons: Mobile app could be improved|Website design could be more modern
I gave Boom Assets Market a fair chance. After since early this year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Demo account available|Wide product range|Real-time alerts|No hidden fees
Cons: Charting tools need more indicators
I had a dispute with Boom Assets Market and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Great customer service|Fast support response|Intuitive for beginners
Cons: Nothing significant
I wanted to transfer my portfolio from another broker to Boom Assets Market. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Portfolio tracking tools|Fast support response|Demo account available|Dividend tracking
Cons: Minor UI glitches occasionally|Could offer more webinars