For your aid in chart analysis, Binomo provides 20 different graphical tools. The platform has fast refresh rates and economic calendar integrations. The quality and consistency of the interface make it intriguing. The platform is filled with hi-tech features which ensure smooth and easy-going interaction.

The trading balance is displayed on the top screen. You can modify the platform as per your preference. Pocket Option comes with an option of copy trading which allows the trader to copy the trades of an expert trader. With this, you can earn a passive income even without knowing much about the trading system.

For efficient trade execution, two highly productive trading servers are present. The interface is attractive and comprehensible. Therefore you will need a functionable mobile trading app. This trading platform allows you to trade through mobile apps as well.

Android and iOS users can download the app from their respective app stores for a comfortable and better experience. IQ Option offers a simple and elegant mobile app for all its users. You can download the mobile application from the respective app stores of Android and iOS devices. Olymp Trade has introduced a mobile application that is reliable, quick in response, and up-to-date. In this technology era, it offers an application with smooth functions for both iOS and Android devices.

Along with the PC version, Binomo offers an application for smartphones as well. It is available on iOS and Android. In addition, it has a push notifications option that ensures that you remain updated regarding the transactions. The app is designed in such a way to match the desktop design so that the trader who prefers to switch between them can experience consistent familiarity. Mobile apps ensure you make on the go trading. You can make the purchase and sale anytime you want.

This amenity is offered by Pocket Option. You can now make any transaction using the mobile platform available on Android or iOS devices. Bonus, demo account, multilingual support: What services do the five brokers among Quotex offer? We introduce you to the most important ones. It offers traders multilingual support. You can select your preferred language that you are comfortable in. This communication ability makes solving problems easy. Quotex is available in more than 15 languages.

If you are a beginner, this demo account will help you learn the basics of trading, and if you are a pro trader, you can use this to check whether the interface and platform are as per your taste.

The support staff is friendly and professional. Other than the practicing account, the platform offers two types of accounts for its users:. Only traders outside EEA can get access to the VIP account. Olymp Trade provides efficient services to its traders. For their convenience, it offers many features like:. If you are a beginner and want to learn with expert traders, you can join the Olymp Trade Academy.

It is a training institution where newcomers can hone their skills at a reasonable fee. The platform provides an education section that has webinars, free eBooks, and trading tutorials, making it easy to learn. According to your need, you can check these features. This account supports personal managers and strategies for trading. This provides maximum benefits and fully customizable services.

Also, the platform regularly provides exciting deals and promotions to its traders. The platform operates on a highly advanced proprietary platform expressly designed to be encrypted, securing all the customers.

In addition, your payment methods used for depositing and withdrawal are also protected. For the customers, over assets are available. One unique service this platform provides to its users is the facility of social trading. Before you can start trading you will need to deposit some money into your account.

You can make deposits through e-payments or cryptocurrencies. You can choose between different payment methods to deposit and withdraw your funds securely like:.

Olymp Trade offers quick and simple deposits using popular payment systems like Bank Cards, e-Wallets , Bank transfers, Union Pay and Skrill.

The choice of adding funds to your trading account includes Visa, MasterCard, JCB, American Express with some other international payment methods. To make a deposit, follow the steps:. It is uncommon, but Quotex might ask for additional documents and information during the withdrawal process if they believe that the particular action is illegal.

This is done to prevent any illegal trading and financial fraud. The withdrawals are quick and are made to the same depositing source. You can withdraw the funds or profits at any moment of time. The steps to withdraw your funds are as follows:.

To withdraw funds, follow the steps:. Note: for security reasons, you can withdraw funds only from the source you used for depositing. Sometimes you need assistance — so what can the brokers do to solve your problems, how can you contact them?

For any query, you can contact their customer care through their website. IQ Option offers customer support through emails, online chat, and phone. In addition, some countries like South Africa, Brazil, Singapore, and Mexico provide toll-free phone numbers.

Their customer care assistance is exceptional. The platform provides services like:. Through a range of different mediums, Binomo assists its traders. To reach them, you can use their email address or live support. They are accessible on various social media platforms as well.

Pocket Option is quite serious regarding their customers, and therefore to assist them in the time of need, they have offered various means. In South Africa, no law makes binary trading illegal, but they are not regulated either, although the Financial Services Board FSB might make a move to provide the license to the local traders.

As per the current situation, offshore brokers are allowed to offer their services in South Africa as long as they are certified and licensed in their respective home countries. Binary trading options are an emerging source of passive income in many countries.

Although trading tools are very simple, it is, however, a complex process. Therefore, specific knowledge and on-point analysis are required. A novice will minimal, or no knowledge may start with the demo accounts offered by the best binary options trading platform. You must choose the right place to invest your money. One wrong move could prove fatal for you.

So select those Binary trading options which are promising and are regulated by a recognized authority. It is all about strategies and how you judge the situation. Your forecast will determine the future of your fortune. Deliberately decide on the platform and the asset to avoid any monetary loss. Show all posts. Save my name, email, and website in this browser for the next time I comment.

Quotex vs. Pocket Option — Which one is better? News: iOption shuts down - Binary Option Broker closes the door. The 5 best Binary Options brokers and platforms Cameroon - Comparison. The 5 best Binary Options brokers and platforms Bosnia Herzegovina - Comparison. Risk warning: Trading involves risk.

We need your consent before you can continue on our website. com is not responsible for the content of external internet sites that link to this site or which are linked from it. This material is not intended for viewers from EEA countries European Union.

Binary options are not promoted or sold to retail EEA traders. Binary Options, CFDs, and Forex trading involves high-risk trading.

In some countries, it is not allowed to use or is only available for professional traders. Please check with your regulator. Some brokers are not allowed to use in your country. They are not regulated. For more information read our entire risk warning. If you are not allowed to use it leave this website. We use cookies and other technologies on our website. Some of them are essential, while others help us to improve this website and your experience. Personal data may be processed e.

IP addresses , for example for personalized ads and content or ad and content measurement. I understand - visit this website at my own risk. Another aspect is the time scale — the period for which the binary option is set for. It can be as short as 30 seconds, or for a month, a year, or any period in between.

However if the trader was incorrect, they lose their full investment. However there is no leveraged exposure with a binary trade, so the ratio of reward and risk can be easily managed.

It is the simplicity of binary options trading that is the greatest advantage. It can be used as an investment vehicle, or used to hedge other investments. There are numerous trading strategies, each catering for a unique investment need.

Binary options trading can be used across a huge selection of markets and commodities and in a number of ways. The needs of the individual investors, would therefore determine the best trading account or best broker suited to them. If you want to know more about binary options brokers then you can compare a large amount of binary brokers in South Africa.

Certain binary trading accounts attract certain investors due to the investment limits. While some brokers can offer minimum trades of just £1, others specifically caters for investors willing to invest £, in one single trade. An investor has to consider their own trading needs carefully when choosing a suited binary trading platform, prior to opening an account. Brokers do make the decision easier, by offering demo trading accounts.

These accounts allows new clients to try out their offered services, and see whether the investment scales and range of markets is suited to them. An investor can then proceed to a funded account once they are content with having found the right trading platform.

Here at binaryoptions. za we provide you with insight into strategies for binary trades. We provide a list of brokers, and also review their weaknesses and strengths.

Home » Brokers » Best brokers in South Africa. Risk warning: Trading is risky. Binary trading in South Africa , like other countries around the world, has seen a swift rise in popularity since its introduction to the financial market. Binary trading in the country has attracted lots of attentive people in the past few years as a definite way to earn some extra profits, according to experts.

Moreover, aside from the fixed payout, the expiration time makes it appear more natural to trade and thus more appealing than most other financial markets. Binary options are a form of options trading based on one question — did an asset end up over a certain price or not by a defined time. Established in , Quotex. io is a binary options broker that Awesomo Ltd owns.

It is a Seychelles-based company regulated by an independent authority, International Financial Markets Regulatory Centre IFMRRC. This trading platform presents advanced technology, an interactive interface, and pioneering digital trading.

It uses a simple proprietary based web-platform. It has customization options, and the platform is available on desktops, smartphones, and tablets. IQ Option was founded in and is a part of IQ Option Ltd. It provides a diverse range of financial instruments to work with. Many awards have been given to the platform for its features and capabilities. Cyprus Securities and Exchange Commission CySEC regulates this platform.

They established themselves as the binary options broker, but now they also offer Contract for Differences CFD on selected assets, including stocks, Forex, EFTs, commodities, digital and binary options, and crypto. This platform is designated as Cypriot Investment Firm CIF based in Cyprus. Users of online trading platforms can trade in the European Economic Area.

You can access the platform on the desktop version as well as on smartphones. With around 50 million users worldwide, it has become a well-liked international binary trading platform. Olymp Trade was introduced in the year It is owned by St. The platform is advanced and popular among binary traders. Every day, more than 25, users trade with Olymp Trade. This platform provides a very efficient trading method that enables the traders to make predictions on the assets available on the platform.

Binomo was established in It is operated by Dolphin Corp. Vincent and the Grenadines. It is suitable for small investors and is represented in more than countries around the globe. The International Financial Commission IFC regulates this company.

These services are a popular choice among traders who are used to short-term trading. The trading platform offers 40 different financial instruments. Recently established Pocket Option is an emerging trading platform that is attracting traders to itself.

Owned and operated by Gimbell Ltd, it was introduced into the market in and is regulated by the International Financial Market Relations Regulation Centre IFMRRC. The platform provides more than financial instruments like commodities, stocks, currencies, indices, forex.

You can set the expiration time from 60 seconds up to 4 hours. Binary options trading is a huge market, and it is spreading continuously. The trading quickly raised popularity in South Africa. South Africa is one of the leading market economies in Africa and is an evolving destination for binary options.

Brokers from different countries permit South African traders to invest on their trading platforms. Financial Services Board FSB regulates the financial market in South Africa.

Accordingly, the binary options there are considered as Over Counter OTC derivative instruments. Companies interested in binary options trading in South Africa are obligated to obtain a Financial Service Provider License. Nevertheless, offshore brokers are allowed to market their products if they have a license in their home countries. The traders can choose a brokerage that is registered under any European recognized license , ASIC or CySEC. The platform is attractive and is suited for both beginners as well as veteran traders.

It is web-based and needs no downloading of the application. io offers trading options on more than assets. You can choose commodities, indices, currency pairs, or cryptocurrencies to trade in from the option located on the screen. You can make the payments with the deposit and withdrawal options present on the screen. Besides that, the trading balance is displayed.

The platform provides 4 different kinds of candlesticks with a timeframe starting from 5 seconds to 1 day. The layouts and charts are customizable. The platform gives you:. These amenities make the platform easy to navigate. The charts are very smooth, and the transaction history is easily accessible.

With the social trading section, you can trade even without any trading experience as it enables you to replicates the strategies of successful traders. Quotex has established a comfortable environment for all the users. It has a proprietary trading platform and allows you to trade in a variety of financial instruments. A drop-down box displays the assets, including:.

On the main screen, you can find the chart which displays the currency value over time. With technical indicators, you can understand the system and see which trades are likely to be profitable. In addition, the platform provides a range of charting tools. For example, there are graphs such as line graphs, hollow candle charts, bars charts, and areas charts available on the User Interface UI.

You can access the platform not only from desktops but also from smartphones. The trading platform has several features like technical indicators and analysis.

On the bottom of the screen, there is a trading history where you can look at previous market conditions. You can use the Take Profit Option, which automatically sells your assets at a certain profit level. On the other hand, you can set a Stop Loss amount which will limit your loss. It has several educational features and competitive spreads.

The interface is simple and alluring, which makes trading easy and comfortable. Binomo provides a platform suitable for short-term trades which is streamlined and efficient. Designs are modern and advanced and are regularly updated to catch up with the needs of the traders. For your aid in chart analysis, Binomo provides 20 different graphical tools.

The platform has fast refresh rates and economic calendar integrations. The quality and consistency of the interface make it intriguing. The platform is filled with hi-tech features which ensure smooth and easy-going interaction. The trading balance is displayed on the top screen. You can modify the platform as per your preference. Pocket Option comes with an option of copy trading which allows the trader to copy the trades of an expert trader.

With this, you can earn a passive income even without knowing much about the trading system. For efficient trade execution, two highly productive trading servers are present. The interface is attractive and comprehensible. Therefore you will need a functionable mobile trading app. This trading platform allows you to trade through mobile apps as well.

Android and iOS users can download the app from their respective app stores for a comfortable and better experience. IQ Option offers a simple and elegant mobile app for all its users. You can download the mobile application from the respective app stores of Android and iOS devices. Olymp Trade has introduced a mobile application that is reliable, quick in response, and up-to-date.

In this technology era, it offers an application with smooth functions for both iOS and Android devices. Along with the PC version, Binomo offers an application for smartphones as well. It is available on iOS and Android. In addition, it has a push notifications option that ensures that you remain updated regarding the transactions. The app is designed in such a way to match the desktop design so that the trader who prefers to switch between them can experience consistent familiarity.

Mobile apps ensure you make on the go trading. You can make the purchase and sale anytime you want. This amenity is offered by Pocket Option.

You can now make any transaction using the mobile platform available on Android or iOS devices.

The less valuable an option has when the expiry time is little because the probability of a price move in an underlying stock becomes less as we draw closer to the expiry. A trader buys a call option if he predicts the price of the underlying asset or commodity to rise on the strike. For years, people relied on various underlying assets and commodities to earn income. Check out the Binary Broker Review page for more information on all the Binary Options Brokers. com is not responsible for the content of external internet sites that link to this site or which are linked from it. As there are no regulated South African brokers, you are going to need to find an offshore broker that accepts South African Traders. The platform provides an education section that has webinars, free eBooks, and trading tutorials, making it easy to learn.

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