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/10

BOQ

Australia | Above 20 years |
Regulated in Australia | Market Maker (MM) | Self-developed | Global Business

https://www.boq.com.au/

Website

Rating Index

Influence

Influence

A

Influence index NO.1

Australia 8.68
Surpassed 83.50% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+61 1300557272
standrews@standrews.com.au
https://www.boq.com.au/
FIONA LAWRENCE, 'Boq Village' Level 6, 100 Skyring Terrace NEWSTEAD QLD 4006

Licenses

Licensed Entity:Bank of Queensland Limited

License No. 244616

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Basic Information

Registered Region
Australia
Operating Period
Above 20 years
Company Name
Bank of Queensland Limited
Abbreviation
BOQ
Company employee
--
Contact Number
+611300557272
Company Website
Company address
FIONA LAWRENCE, 'Boq Village' Level 6, 100 Skyring Terrace NEWSTEAD QLD 4006

gerry400

Unverified

Jersey

i have made a withdawal of 112,775 USD and its under review. i follow up thru customer service and they advice me that the amount that i have withdrawn cannOT be release due to ID Account Abnormality and needS to recharge to the last amount 3,035 USDT which is being deposited thru OKX via merchants. they explained to me the problem so i was encourage to pay the recharge fee. after a while customer service sent me a message that the are ready to release including the too up payment. however since i agree to release the money i need to pay from my own pocket the amount if 5,017USD as a handling fee and after receiving the payment they will release the money within 10 to 30 minutes. i didnt pay because i realizes ive been scammed already. the last picture on the bottom is their BOQ forex platform and the second one is the log in. this is different from legit BOQ platform which is yellow in color as shown on the last photo

Exposure

2023-12-03

jun26

Unverified

Zimbabwe

Fake platform. If you encounter a BOQ that requires you to deposit money, be careful. You can only deposit money but not withdraw money. They will find various reasons to prevent you from withdrawing money and ask you to continue to pay a margin.

Exposure

2023-09-11

David Wilson

Unverified

United Kingdom

Queensland Bank,a big bank, great service.👍👍👍 They are first-class.

Positive

2024-05-22

王苏彬

Unverified

United Kingdom

ASIC is one of the best regulators in the world and BOQ is my current forex broker. It's able to provide a series of satisfactory services and my money is safe.

Neutral

2023-02-15

Aung Myohlaing

Unverified

Spain

I love the experience of trading with BOQ so far! It is an honest and caring company. They can always answer my questions in time and solve them as soon as possible.

Positive

2022-11-22

想當年

Unverified

Hong Kong

BOQ’s customer support service leaves me a very good impression! Their stuff can always answer my questions patiently and gently, and give me some useful suggestions. So they have become one of my favorite brokers.haha..they did a really good job! Respect!!

Positive

2022-11-18

卡布奇诺80913

Unverified

Hong Kong

I never use this bank before, but it is quite influential in Australia… Its customer support seems quite excellent, their staff would answer your questions politely.

Neutral

2022-11-17

漫步咖啡

Unverified

Hong Kong

I do not know what to say, bank transfers sometimes need longer time... I once used its services, then it disappointed me. I suggest that you should go to find other companies...

Neutral

2022-11-16

8
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Official website

Website

boq.com.au
23.75.3.20
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
WHOIS.AUDNS.NET.AU
Company
AU-NIC

Genealogy

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Relevant Enterprises

BANK OF QUEENSLAND LIMITED(Australia)
Active
Australia
Registration No. 009656740
Established 2004-03-10
Related sources Website Announcement

Company Summary

BOQ Review Summary
Founded1874
Registered Country/RegionAustralia
RegulationASIC
Financial ServicesBank accounts, home loans, credit cards, personal loans, insurance, business loans, business accounts, foreign exchange and trade services, merchant and payment products
Minimum Deposit0
Customer SupportTel: 1300 55 72 72

BOQ Information

BOQ, established in 1874 and regulated by ASIC, offers diverse financial services for individuals and businesses, including various bank accounts, home and personal loans, credit cards, insurance, and specialized business banking solutions. They are noted for having a zero minimum deposit requirement for some accounts.

BOQ Information

Pros and Cons

ProsCons
Regulated by ASICAge restrictions on high-yield savings
Diverse account typesLimited channels for customer support
Zero minimum deposit
Long operation time

Is BOQ Legit?

BOQ has a Market Maker (MM) license regulated by the Australian Securities and Investments Commission (ASIC) in Australia with a license number of 000244616.

Regulated AuthorityCurrent StatusLicensed EntityRegulated CountryLicense TypeLicense No.
Australian Securities and Investments Commission (ASIC)RegulatedBank of Queensland LimitedAustraliaMarket Maker (MM)000244616
BQQ license

Financial Services

  1. For individuals, BOQ offers bank accounts (transaction, savings, term deposits), home loans (including refinancing and calculators), credit cards (with rewards), personal loans, and insurance (home/contents and car).
BQQ services 1
  1. For businesses, BOQ offers loans and finance (including business loans and overdraft), business accounts (transaction, savings, Visa debit card), foreign exchange and trade services, merchant and payment products, industry expertise (e.g., agribusiness, healthcare), and business banking support (tools, calculators, knowledge hub).
BQQ services 2

Account Type

Business bank account: BOQ offers various business bank accounts, including Business Transaction Accounts for daily operations and Savings and Investment Accounts to earn interest on business funds. They also provide Industry Specialist Accounts tailored for sectors like Solicitors, Real Estate Agents, and Not-for-Profits.

BQQ account 1

Personal account: BOQ offers two types of personal accounts, which are the Transaction Account and Savings Accounts.

Transaction account: BOQ's transaction accounts generally feature no monthly account-keeping fees, no withdrawal fees at BOQ ATMs within Australia, and no transaction fees within Australia. They also state no overdrawn fees if you happen to overdraw your account.

BQQ account 2

Savings accounts:

FeatureFuture Saver Account (14-35 years old)Smart Saver Account (36 years or older)Simple Saver AccountTerm Deposits (Balances $5,000 - $249,999, Term 12-24 months)
Interest Rate5.25% p.a. on balances up to $50,0004.90% p.a. on balances up to $250,0004.55% p.a. on balances up to $5M4.00% P.A.
Bonus InterestVariable rate up to $50,000 if criteria metVariable rate up to $250,000 if criteria metGet a great, ongoing interest rateFixed term interest rates and no account fees
AvailabilityAvailable on the myBOQ app-
Monthly Account Fees
Minimum Deposit--0$1,000
Other FeaturesEarn bonus interest each month when criteria metSimply sit back and watch your savings growFlexible terms from just 1 month, choose interest payment frequency
BQQ account 3

Keywords

  • Above 20 years
  • Regulated in Australia
  • Market Maker (MM)
  • Self-developed
  • Global Business

Wiki Q&A

Vahid
Within 1 year

Does ASIC’s regulation of BOQ broker cover all its services?

WikiFX Reply
Yes, ASIC’s regulation of BOQ broker covers all of its services, including the bank’s financial products like loans, credit cards, and investment accounts. ASIC’s oversight ensures that BOQ broker follows Australian financial regulations, offering products that are secure and transparent for customers. The regulation ensures that the bank provides clear terms and conditions, maintains adequate financial reserves, and operates in a way that protects consumer interests. As a consumer, I feel confident that BOQ broker’s broad range of financial services, from personal loans to business banking products, are under the watchful eye of a reputable regulator. This regulatory protection extends to the bank’s operations, meaning that customers have recourse if they encounter any issues or disputes. For me, knowing that BOQ broker operates within the boundaries of ASIC’s strict rules adds a level of security to my dealings with them.
Broker Issues
BOQ
Regulation
08-20
United States
Nagarjuna
Within 1 year

Is BOQ broker a regulated financial institution?

WikiFX Reply
BOQ broker, also known as Bank of Queensland, is a fully regulated financial institution in Australia, overseen by the Australian Securities and Investments Commission (ASIC). This regulation ensures that BOQ broker adheres to strict financial guidelines, providing a secure environment for investors and consumers. ASIC’s role is to ensure that all licensed financial services providers, including BOQ broker, follow the rules that protect investors' rights and funds. Being regulated by ASIC means that BOQ broker must maintain high standards in areas like capital adequacy, financial transparency, and customer service. Personally, I find that the ASIC regulation adds a lot of value to BOQ broker's credibility, especially as it shows their commitment to customer protection and fairness. It also ensures that the bank operates with integrity, which is essential for anyone looking to invest or deposit funds. However, as with any regulated financial institution, it’s important to understand the terms and conditions of the services offered. In my case, I would feel more secure working with a regulated entity like BOQ broker due to the added level of oversight and compliance it ensures.
Broker Issues
BOQ
Regulation
07-07
United States
Pushpender Sharma
Within 1 year

Which payment methods does BOQ broker support for deposits and withdrawals?

WikiFX Reply
BOQ broker supports a variety of payment methods for both deposits and withdrawals, including direct bank transfers, card payments (Visa and Mastercard), and electronic funds transfers. These payment methods make it easy for customers to access their funds or deposit money into their accounts. For business accounts, BOQ broker also offers merchant services for businesses needing to process payments. I find the flexibility of payment methods offered by BOQ broker to be very helpful for both personal and business banking needs. The inclusion of card payments and bank transfers makes it easy to manage finances, but for international transactions, it’s always good to verify any additional fees or processing times.
Broker Issues
BOQ
Deposit
Withdrawal
06-04
United States
Phoebe Yao
Within 1 year

Which payment methods does BOQ support?

WikiFX Reply
BOQ broker supports a range of payment methods, including direct bank transfers, card payments (Visa and Mastercard), and electronic funds transfers. These payment options make it easy to transfer funds to and from your BOQ broker account. For business accounts, BOQ broker also supports merchant services, which is convenient for companies that need to process payments from clients. Personally, I appreciate the variety of payment options available through BOQ broker, especially for personal accounts where I need easy access to funds.
Broker Issues
BOQ
Deposit
Withdrawal
05-18
United States
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