BOA

BOA is a Hong Kong-based security company that was founded on 11 February 2020, according to public records. The company describes itself as focusing on investment services in stocks, funds and bonds, positioning itself within the traditional securities brokerage space rather than as a forex or CFD broker.

Its registered address is at RM 1703, 17/F Sino Plaza, No. 255 – 257 Gloucester Road, Causeway Bay, Hong Kong. The company’s official website is boaisl.com. However, independent public information about the firm remains very limited, and no official marketing materials or client-facing account details could be verified at the time of this review.

BOA was formerly regulated by the Securities and Futures Commission (SFC) of Hong Kong under a Derivatives Trading License (AGN). However, according to known records, this license has been revoked. The revocation is a significant cautionary signal for potential clients, as it means the company currently operates without a valid regulatory licence in Hong Kong.

Traders and investors should note that dealing with an unregulated entity removes the safety nets provided by regulatory oversight, such as client fund segregation and access to compensation schemes. FXCanary’s Scam Risk Score for BOA is 34 out of 100, classified as “Guarded,” reflecting the risks associated with its revoked licence and lack of transparent operations.

Based on the company’s description, BOA’s core offerings are in traditional securities—stocks, funds, and bonds. There is no indication that the firm offers leveraged forex or CFD trading to retail clients. This makes BOA a stockbroker in nature, though the lack of a valid licence undermines its credibility.

No specific account types, trading platforms, or funding methods were available in the public domain for verification. As such, clients seeking to invest through BOA would face considerable uncertainty regarding the terms and conditions.

BOA appears to target individual investors interested in Hong Kong and possibly international securities markets. However, the revocation of its SFC licence severely limits the company’s ability to serve clients legally in Hong Kong. Investors who require regulated and transparent brokerage services should exercise extreme caution.

Without independent reviews or user feedback, the firm’s actual service quality and reliability remain unknown. The guarded risk score suggests that while no immediate scam has been reported, the absence of regulation is a red flag that cannot be ignored.