RBinary Broker Review ¦ Safe Binary Options Trading South Africa

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

Binary Options Trading – South Africa

Welcome to Binary Options South Africa – portal for binary options trading and all information related to binary options industry.

Binary options trading is popular in South Africa and our priority is to provide you with the quality trading services and up to date reviews of the best binary options brokers reviewed by us in the industry.

We give our best in providing our readers the latest news on financial market, as well as popular binary strategies and list of guide articles.

New: In order to serve a wider audience, we have added a Forex and CFDs section – learn how to trade these instruments and choose the best forex broker of those we have reviewed!

If you are interested in trading underlying assets on financial market and you want to increase your chances for potential earnings, this is a website for best binary information on South African market.

Those interested in binary options trading can find on our site a variety of useful topics and list of reliable binary options brokers reviewed by us. B esides useful trading data and information, South African traders can check our Binary Robots section and know more on what is binary auto trading and how efficient can it be in the trading process.

Awarded brokers in South Africa

  • Broker
  • Min. Deposit
  • Min. Invest.
  • Regulated
  • Trade Now
  • Broker Review
  • Main focus of Binary Options South Africa is to provide our readers with the accurate and updated reviews of popular binary options brokers. We have reviewed all brokers from the very beginning to the final step; withdrawal process. Issues like customer support services, security of funds and simplicity are the most important elements in binary options process and if they are on the highest level, traders stand a chance of achieving success while trading binary options. Here on Binary Options South Africa, you can take a closer look on our Binary Guide and Binary News sections, where you can find a wide selection of articles and information that can be of great help during trading process.

    When visiting our Binary Robots section, you can know more on binary options auto trading and its importance in binary options industry. Auto trading software is considered to be a novelty in binary options trading and we believe that our South African investors will continue to be satisfied with provided information and latest updates on financial market.

    Binary Options Trading – Find the Best Binary Broker in South Africa

    Binary options are options with two possible outcomes; will the price of an underlying asset rise or will it fall. Trading binary options has fixed payout and expiry time. Back in 2008, when binary options industry appeared on financial market, it quickly gained popularity among many people worldwide, interested in this new type of online investment. Binary options trading is very attractive for people in South Africa, interested in binary options. We try to provide the best useful information that can help investors in South Africa to deposit with a particular broker and start their binary options trading journey on the best profitable way.

    Trading binary options has many advantages for South African traders. On our site, you can check the list of binary brokers and their reviews in accordance with information in them, regarding trading platfform, payment methods and available binary options features. Transparency and facility of binary options trading are among the most important elements in trading process. For this reason, it is crucial to provide you the accurate and up to date information on all things relevant to binary options industry.

    Binary options trading is completely legal and available to interested investors in South Africa. A variety of binary options brokers offer numerous trading instruments and services for investors worldwide. Information such as binary strategies and guides can be easily found on the top of our website. In our reviews on Binary Options South Africa, investors can choose an appealing trading platform and start their journey in binary options industry. With the use of multiple binary features, available on the site, we believe that our South African investors may enjoy in binary options trading experince. Check our list to see which brokers to avoid.

    Best Binary Options Brokers 2020:
    • Binarium
      Binarium

      Best Binary Broker!
      Perfect for beginners!
      Free Demo Account! Free Trading Education!

    • Binomo
      Binomo

      Only for experienced traders!

    *Amount to be credited to account for a successful trade.

    Binary.com Review

    Binary.com was one of the long-term binary options brokers, available on global financial market. Our Binary.com review revealed how they accept traders from South Africa and therefore, we decided to review their trading platform.

    Binary.com initially appeared on financial market back in 1999 and are operated by the Binary Investments Ltd.

    In this Binary.com review, we will take a closer look of the platform and trading instruments, which are available for traders in South Africa. For more details about this safe binary options broker, read further in our Binary.com review.

    Binary.com Trading Platform

    Our Binary.com review showed how this broker uses own proprietary software, which puts him in category of few binary brokers who offers their own software to registered traders. They enable traders to use a variety of trading tools and a selection of different underlying assets.

    Traders in South Africa should know how Binary.com broker is a regulated one.

    For Binary.com review, we learnt how required minimum deposit is low $5. Minimum investment is also just $5, while maximum is $100 000. Highest bonus is $150, while maximum payouts can go up to 100%.

    Binary.com Trading Features and Services

    Our Binary.com review revealed us how they offer a long list of trade options, combined with an exceptional list of different times of expiry. South Africans can choose whether they want to trade with following trade options: One Touch, High/Low, 60 Seconds, Boundary, Long Term and Touch Options.

    Traders can select among short term and long term expiry times, covering trading within 15 s, 30 s, 60 s, 2 min, 5 min, 15 min, 30 min, 1 hr, 24 hr, 24 hr+, end of day/week/month, 30 days and 150 days as maximum.

    Traders can invest in different underlying assets, such as forex, commodities, OTC stocks, indices and volatility indices. Full list of assets can be found under Asset Index on the bottom of the website.

    According to our Binary.com broker review, we noticed how they recently implemented mobile app, which is excellent news to all interested binary traders who are busy, but want to have access to mobile platform. This app is connected to both Android and Apple devices and can be used on tablets and mobile phones. Binary.com mobile app can be downloaded from App Store and Google Play.

    On the other hand, they do offer demo account, which is an excellent news for inexperienced South African traders. When traders register on this platform, they will be offered with $10 000 of virtual money for safe trading.

    Why we say safe? Because trading on Binary.com platform is risk free since traders don’t invest their real money but instead they get a chance to practice and test trading platform in order to have better trading results.

    Another thing we came across Binary.com review is that they have implemented charts in real time, such as candlestick graphs and JAVA software, which enables traders to easily detect price range of chosen asset.

    Our Binary.com review showed how they have prepared one of the best education section, together with blog. In Learning Center, South Africans can find training videos, including those related to different assets.

    Also, traders can get more information about security tips, weekly market updates, glossary and FAQ. especially for new traders, Binary.com prepared tab called New to Trading? And education webinars to gain more trading knowledge.

    Binary.com Customer Support

    What we discovered in Binary.com review is that they offer assistance via several communication channels, such as: email [email protected] , live chat and phone for several countries worldwide. Binary.com also has offices in different countries (Malta, Japan, Malaysia and Isle of Man).

    This way, traders can ask for help whenever needed and live chat showed as the quickest option, since support agent joined chat within seconds. Having good customer support is valuable to have since traders need to trust their broker, who will assist them achieve success while trading.

    Also, this broker supports GameCare, an organisation which supports people with trading issues.

    Our Binary.com review revealed how platform is multilingual and available on following languages: English, French, Spanish, Russian, German, Polish, Portuguese, Italian, Arabic, Indonesian, Vietnamese and Chinese.

    Binary.com Banking Info

    Traders in South Africa should know how registration on Binary.com is free, however deposit is required to start trading. Minimum deposit amount is $5, which is extremely low and also, attractive for traders to join and begin their binary trading experience.

    They offer absolutely amazing list of deposit methods as we discovered in Binary.com review. It is important to keep in mind how selected payment method while depositing has to remain the same as when withdrawing.

    Under Banking tab, traders can click on Cashier (to select payment option and upgrade to a real account) or on Payment Methods option.

    Available deposit methods with Binary.com are:

    • Debit / credit cards: Mastercard, Visa and UnionPay
    • Bank wire: Western Union, Internet Banking, Internet Bank Transfer and Bank Transfer
    • E-wallets: Skrill Moneybookers, Neteller, OK Pay, FasaPay, Perfect Money, Moneta.ru, WebMoney, QIWI, Yandex.Money and PaySafe Card

    With cards and e-wallets, deposits are instant, while withdrawal time depends on selected option, but is usually between 1-2 working days. Only via bank wire, withdrawal time can go up to 5 working days.

    OptionsXO Broker Review

    This broker is closed.

    OptionsXO in South Africa

    OptionsXO is one of the best brokerage companies in binary options industry. They were established in 2020 and are owned by Omni Capital Ltd.

    For the past few years, this broker is continuously working on providing the best trading instruments and services for traders to have a profitable binary options trading experience.

    In our OptionsXO review, we will take a closer look on their trading platform and available services that this broker offers traders in South Africa, such as:

    OptionsXO Trading Platform

    While writing OptionsXO review, we discovered that they use TechFinancials as its trading software.

    It is one of the best available out there and present as excellent and user friendly interface for traders to use in when trading binary options. TechFinancials interface presents very modern and professional approach to binary trading world and traders can easily navigate through the site.

    When trading, traders can see all significant information on the main screen, without switching the tabs which simplifies trading process. On the upper right side, traders can choose among many trading instruments, while on the bottom of the site, they can read latest market updates and news regarding different trading assets.

    To begin trading binary options with OptionsXO, minimum deposit is $200 and maximum bonus can go up to unlimited. Bonus trading terms require 30x turnover.

    Minimum investment per trade is $25 and maximum investment is $10000. Highest possible return with this broker is 89%. Traders in South Africa can place trades in following accepted currencies, including USD, EUR and GBP.

    For more details regarding trading features and banking, read below in OptionsXO review.

    OptionsXO Trading Features and Services

    This broker offers a whole set of useful trading services, but let’s start with available trade options on OptionsXO trading platform, which include 60 Seconds, High/Low, One Touch, Boundary, Long Term and Touch Options.

    For traders to set expiration time for chosen trade option, here is the list of expiry times: 15 seconds, 30 seconds, 60 seconds, 2 minutes, 5 minutes, 15 minutes, 30 minutes, 1 hr, 24 hr + and end of day.

    Traders can place trades in a variety of available underlying assets, such as stocks, currencies, commodities and indices. On the bottom of the site, traders can find a full list of all assets that can be used in binary trading process.

    Tip: Consider IQ Option instead – the best regulated broker for South African traders with a minimum deposit of only $10!

    OptionsXO offers traders very useful and innovative trading features that can help traders in South Africa to achieve high payouts in the trading process. These features are Rollover and Double Up.

    Rollover – with this feature, traders are able to postpone expiry time of an option that can increase profitability. Traders use Rollover when they want to profit from market changes and turn possible loss to a money gain. For Rollover to be possible, option must be out of money and it can be done at least 30 minutes before option expiries.

    On the other hand, feature called Double Up enables traders to double the trade if they are convinced that trade is going in the right direction. They can activate Double Up button and second option will be created, but under the same conditions as the previous one. With this trading feature, traders can double their investment.

    During our OptionsXO review, we noticed how this broker offers two excellent and very popular trading services in binary options industry and those services are mobile trading and demo account.

    In our OptionsXO review, we’ll explain them more closely. Let start first with demo account. OptionsXO allows traders in South Africa to improve trading skills in order to become more experienced at no risk.

    This is possible due the fact that in demo version of the platform traders do not invest real money. Instead, they place trades with virtual one and this way, they gain confidence in trading binary options because they are aware they can not lose any money.

    Demo account is especially designed for traders who join trading platform and want to learn how they can benefit from binary options trading. They can practice and use different strategies which ones they find most useful.

    On OptionsXO demo account, traders can also choose among several trade options and place trades with a variety of underlying assets, just as on the usual trading platform.

    OptionsXO mobile trading, however, is an excellent choice for traders who are always on the move and thanks to technology development, now they can trade binary options on tablets and smartphones also. OptionsXO mobile app is compatible with both iOS and Android system.

    Now, traders do not have be in front of computers to be able to trade binary options, but they can use mobile version of the trading platform and maximize profit when they are on the go.

    OptionsXO Trading Accounts

    This broker offers 4 account types for traders worldwide to choose from. These accounts are: Mini, Silver, Gold and Platinum.

    OptionsXO Mini Account

    Required minimum deposit $200, access to trading platform and no commission

    OptionsXO Silver Account

    Required minimum deposit $2000, access to trading platform and Education Centre, 2% return on each trade, customer support 24 hr, available trading expert to consult with and no commission

    OptionsXO Gold Account

    Required minimum deposit $5000, access to trading platform and Education Centre, 3% return on each trade, customer support 24 hr, available trading expert to consult with and no commission

    OptionsXO Platinum Account

    Required minimum deposit $10000, access to trading platform and Education Centre, 4% return on each trade, customer support 24 hr, available trading expert to consult with and no commission

    OptionsXO has a multilingual trading platform that is available to registered traders. We were astonished when we saw such a wide selection of different languages, which include English, German, Spanish, French, Italian, Russian, Danish, Swedish, Portuguese, Japanese, Korean, Chinese, Turkish and Arabic language.

    OptionsXO Customer Support

    Quality and up to date customer support is the first service with which traders in South Africa are faced when they sign up with the binary broker. OptionsXO provides traders with customer support service 24/7 and traders can contact this broker via email [email protected] , live chat, web form and telephone.

    During our review, we tried live chat and we satisfied with assistance, provided by OptionsXO agent. OptionsXO review shows that phone number for South Africa traders is +27 021 299 69 87. Phone numbers are also available for following countries: UK, Spain, France, Luxembourg, Italy, Ireland, Germany, Canada, Japan, Australia and Bahrain.

    During our OptionsXO review, we found out that this broker offers traders an exquisite selection of educational materials to traders worldwide.

    Traders can choose among a variety of different tutorials and materials that assist them to achieve high payouts when trading binary options.

    Traders can use FAQ, How to trade? and explanations of technical and fundamental analysis. Traders have on their disposal tutorials for beginners and advanced traders and a wide range of webinars and trading guidelines where each trader can get information that is needed for trading process to be profitable.

    OptionsXO Banking Info

    Banking issues and security of trader’s funds are the most significant in the binary trading industry and so does OptionsXO pays a lot of attention to enable traders to have a safe binary options trading experience.

    To make payments with this broker, few documents have to be sent for authorization, such as photo ID, proof of address and copy of credit card if it used in the trading process.

    Minimum deposit amount is $200 and traders can deposit through several different payment options, which include debit and credit cards, bank wire transfer and e-wallets.

    Accepted cards are: Maestro, Mastercard, Diners Club and American Express. Very popular payment option is binary industry are e-wallet providers and OptionsXO accepts Skrill Moneybookers, Ukash and CashU.

    As far as withdrawal process concerns, minimum amount is $100.

    Unfortunately, this broker charges fee of $25 per each withdrawal made. With withdrawal via bank wire, amount is $200. After traders submit withdrawal request, it takes between 4 to 7 days for OptionsXO to process it. Later on, additional 5-7 business days are required for money to be visible on the account.

    Best Binary Options Brokers 2020:
    • Binarium
      Binarium

      Best Binary Broker!
      Perfect for beginners!
      Free Demo Account! Free Trading Education!

    • Binomo
      Binomo

      Only for experienced traders!

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