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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
- Min. Deposit
- Min. Invest.
- 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.
*Amount to be credited to account for a successful trade.Best Binary Options Brokers 2020:
The Best Binary Options Broker 2020!
Perfect For Beginners!
Free Trading Education, Free Demo Account!
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Binary Options Trading – The Best Binary Brokers, Robots and Signals in South Africa
Best Online Trading Brokers
Binary Options South Africa
Best Binary Options Robots – South Africa
The goal we have set up is simple – to put together only those robots and binary brokers in the binary options industry which offer unique and effective trading features.
We are creating a place where South African traders can get informed and stay informed about trading solutions on the market which provide satisfactory trading experience.
Here, South Africans can learn what they need to know when they start looking for binary brokers or robots.
Find out about interesting trading features, handy apps and distinctive settings which stand out from the rest.
Our site has a mission to review binary brokers and robots for traders in South Africa and allow them insight into the exciting world of binary options trading.
Secure Trading with Nothing but the South African Brokers and Robots Reviewed by Us
As one of the fastest growing trading markets in the world, South Africa has virtually hundreds of various brokers, automated binary robots and signal providers to offer to interested traders.
One would think such a wide choice would make the selection easier.
Yet, it is not quite so.
The first step toward success in binary options trading, be in with binary brokers or robots, is to know what to look for.
After all, what South African traders opt for in terms of trading software or broker can mean the difference between a plush bank account or an empty one.
What are Binary Options?
The opportunity for the public at large to trade binary options appeared in 2008 which caused an outright revolution in the trading world.
What are binary options and what makes them so appealing?
Binary options are a form of online trading which have an expiry time, two basic possibilities when it comes to underlying price direction and a fixed return.
The fact that attracts so many to binary options is multidimensional – the investment is affordable to the “Average Joe”, the basic principle is simple as the price of the underlying asset can go either up or down and it is all happening online.
Additionally, the trading can be done from virtually everywhere in the world where the internet connection is stable and traders may use all kinds of fantastic trade options and tools so it becomes much easier to understand the interest binary options draw from people.
There is a longish list of trade options which can be used such as the newbie favourite High/Low, 60 Seconds, Pair Options, Range Options, Ladder Options, One Touch…
Another point in favour of trading binaries is that traders know the risk, the profit and the potential loss in advance which makes money management much easier. The possible payouts are very attractive as well.
Traders are the ones who set the underlying asset’s price direction and its expiry time.
With all the benefits, it is understandable that many on the South African market wish to participate so the question how to do that is important. However, what prospective South African traders have to know before they start is that this form of trading is suitable for all.
Benefits of Successful Binary Trading in South Africa
Naturally, there are other forms of trading available on the market like Forex, yet binary options are far simpler and the possible gains go higher.
With binary options, South African traders have the absolute control when it comes to their trades and they also know the risk involved. Another aspect of binary trading makes it a very appealing prospect – it is not possible to lose more than the invested sum.
As indicated, trading binaries is versatile and South African traders may use not just various options but also a great selection of expiry times. Some can be as short as 30 seconds or as long as 150 days. This also provides a very individualised approach to trading as different traders have different trading styles.
It is also possible to use various trading strategies which can be combined with the selected expiry times. It is important to know that short expiry times are riskier but are also more profitable and very exciting.
The profits also depend on the selected binary broker so those may range between 70-93% which is an industry average. These numbers make it even more apparent why binary options trading is so popular, both in South Africa and around the world.
Traders may invest in a verity of underlying assets which are typically sorted into four categories of stocks, commodities, currencies and indices. Binary brokers provide an Asset Index where traders can see a complete list of available underlying assets and the total number may go over 200 with some brokers. This truly provides numerous trading possibilities.
The trading platforms are, especially with established brokers, modern but very efficient and user-friendly. That makes it even easier for beginner traders in South Africa to join the ranks of those profiting from binary options.
Additionally, traders can find a well-stocked selection of advanced tools and features to help them not just to trade but improve their skills as well. One of the most popular trading features is the demo account.
How to Trade Binary Options in South Africa as a Beginner
In our guide for dummies, South African traders can pick up various tips on how to approach binary options trading as a beginner and what they need to know before they invest their funds.
One of the first thing traders have to be aware of are scam brokers. Binary options trading is popular and widespread and there are those who are trying to take advantage of that using any means necessary. The good part is that traders who invest a bit of time into research and education can learn what to look out for. More importantly, they can learn the signs which typically point to a scam broker.
On our site, traders can find plenty of interesting and useful broker reviews which will provide info on all the essential aspects important for that broker.
Low minimum deposit is always a good choice for beginner South African traders, and brokers like IQOption ($10) or Binary.com ($5) could be a great starting point.
Starting Your Trading Journey with a Reliable Binary Broker?
Not knowing is not a problem because traders can learn. Educational materials, great advice and useful tips are just a click away.
We suggest that South African traders start by investing time into selecting a binary broker which provides a secure trading platform together with a variety of underlying assets and trading features.
We provide a list of best binary broker reviews which can be a huge help for all prospective South African traders. These brokers are, in most cases, regulated by one of the regulatory authorities which is also important as it provides more confidence.
Why Do Traders Have To Read Broker Reviews?
Financial trading or investment without a certain amount of risk does not exist. Yet, in binary options trading that risk can be minimised by being properly informed. This is where the importance of broker reviews come in. When South African traders read broker reviews they obtain valuable information before they select a broker for binary trading.
We work hard to make our reviews as objective as possible, providing detailed information about trading platforms, available underlying assets, payment methods, withdrawal procedure and customer support.
Our site is designed to give traders in South Africa valuable input about broker’s services and trading options so traders can decide whether they want to make a deposit with a certain broker or not.
As mentioned, there are risks involved with any kind of financial trading and losses occur, just as profits. It is possible to find negative and highly subjective opinions of traders who have lost their investment on various forum sites. Often, they will be filled with frustration, dissatisfaction and only the partial truths.
We advise traders to consult reviews written on BinaryOptionRobot.com where they will be able to find a selection or useful info rather than going to obscure forums which are more often than not used simply to vent anger and frustration.
Experience and Profit from Demo Account as a Beginner
Demo accounts are one of the best allies South African beginner traders can have in binary options trading. There are plenty of brokers listed on BinaryOptionRobot.com which provide demo accounts for their traders like Opteck, 24option and 365trading.
The demo account is the perfect practice field since it is a risk-free environment due to the fact that funds are virtual and not real on the demo. Traders who utilise the demo account can gain more knowledge but also confidence.
Once they have done sufficient practising on the demo they can move on to a real account and start their binary options trading journey.
Binary Auto Trading
What Do You Know about Binary Auto Tradingin South Africa?
Binary options trading can truly be done by anyone, that is why it became so popular so quickly. Yet, a certain level of knowledge and skill is necessary to get that which all binary options traders want the most – profit.
Binary auto trading grew from the desire to make this online trading venture even more accessible to a large public. It is not easy to take up something new, especially when it comes to investing money. This fear can frequently keep inexperienced South African traders back. This means that often, traders would get stuck between the rock and the hard place. They wish to participate and profit but are too afraid to do so.
Then, there is also the aspect of learning to consider.
That means that South Africans who wish to do binary trading successfully have to invest time into learning about trading strategies, market monitoring and other aspects necessary for binary trading.
Yet, not all traders are willing or in a position to do that. Luckily, there is a solution and it is called binary auto trading. Or, trading with binary options robots as this manner of trading is known better. This way of trading is becoming very popular and it is easy to understand why.
As one of the best software currently available on the market, we reviewed and checked Binary Options Robot, which is completely free trading software that works so as to place trades in various underlying assets respecting traders’ wishes.
This advanced trading solution makes use of the amazing technology available today to scrutinise the circumstances on the South African market and then place trades according to settings adjusted by traders.
It may also achieve high payouts which makes Binary Options Robot even more attractive trading solution for inexperienced South African traders.
What is Binary Automated Trading?
South African traders who take up financial trading of any kind usually have one driving force – to achieve healthy profits. Availability of binary options trading in South Africa allowed millions of people the opportunity to participate in this form of online trading.
Trading binary options is known as an easier and more simplified form of financial trading and with binary automated trading that simplicity was taken to a whole new level.
What binary auto trading is an added benefit which has managed to attract even more traders.
It took the already straightforward trading process and made it even simpler. Instead of the traders doing the research and learning about various aspects of the trading binaries they simply have to adjust the settings.
Once that is done, binary robots do the rest of the hard work.
The reason why so many traders in South Africa and around the world, now favour this manner of trading is the amazing technology that is behind it.
Advanced and complex algorithms scan the current market situation and generate trading signals. Trading signals are essentially information communicating which trades have the highest chance of being successful.
Naturally, these signals are generated based on the trader’s preference, they are not random. As is the case with standard binary trading, risks are present in binary auto trading too but the process is made even easier and probably much less daunting.
In order to help and guide prospective binary options traders who are interested into binary auto trading, we at BinaryOptionRobot.com will provide a lengthy guide into South African binary auto trading which will, hopefully, be an excellent springboard for a profitable trading journey.
Binary Signal Provider Types – South Africa
When it comes to generating signals, two types of signal provider software are available on the South African market.
On the one side, seasoned and experienced South African market experts create trading signals, and on the other traders may opt to use signals generated by complex trading algorithms.
In the first case, trading signals are human-generated. While this certainly has some drawbacks, to South African traders have to know that all financial markets have the human element present.
Therefore, a team of professionals with deep knowledge trading combined with the understanding the human nature, can be very good for achieving success.
The second type refers to the signal provider software which is firmly based on sophisticated, advanced and innovative technology which utilises complex algorithms in order to generate binary trading signals.
The algorithms scan the South African market to pinpoint trading opportunities which are likely to end in profits. Since algorithms are designed in such a way to include various parameters and factors, the so-called “human error” is considerably reduced.
It is neither possible nor fair to place one above the other when it comes to the type of signal providers, this is strictly down to traders’ preference.
At any rate, once the signals have been generated and delivered, South Africans can then use them to trade binary options.
Advantages of Binary Auto Trading Signals in South Africa
Several binary options signals providers have been reviewed on our site in order to provide useful info to our readers from South Africa.
Traders can find detailed information about services offered by each provider, the price and comprehensive data concerning their tools and features.
The appearance of South African signal providers and binary auto robots, could be a great solution for many traders.
Yes, some amount of research to choose the right binary robot and the equally suitable binary options broker is still necessary, but the rest is no longer a problem.
South African traders are not required to follow the financial market and all the events taking place. They even don’t have to know a lot about underlying assets or what might influence them. The same can be said about the trading strategies because the trading software does all the hard labour for them.
The market is observed and analysed either by advanced algorithms or, alternatively, trading experts. Binary trading signals are generated and delivered, containing the information of which trades have the best chance of yielding profits. Most binary auto robots, require that South African traders set the preferences in terms of which underlying assets they want to trade, how many trades per day they want the trading software to execute.
Traders can also set the daily budget which is a fantastic way to manage the money. Once those settings have been adjusted according to traders’ preference, the binary signal providers will do everything else.
Naturally, there are differences concerning quality, settings, features, tools and the number of underlying assets provided by various signals providers and binary robots, but the bottom line is – they do the hard part for the South African traders. They can the market and generate trading signals which have the highest probability of being profitable.
Again, there is no such thing as a 100% guarantee that every trade will end in success and traders have to keep that in mind before they decide to go into binary options trading.
Binary Signal Providers
How to Choose the Best Signal Provider in South Africa?
We at BinaryOptionRobot.com, are here to offer latest binary news to South African traders who are considering taking advantage of binary options auto trading. However, all advice and tips we give here are used at traders’ risk.
It is not possible to favour human-generated trading signals over those created by an algorithm. Traders have different preferences and there is no right or wrong here.
But, what we can do is offer all prospective South Africans some handy tips on how to approach binary auto trading which can make the decision-making process at least a bit easier.
We have researched various signal providers in South Africa and here are some of the tips on how to choose trading solutions that provide the best ratio of quality and effectiveness.
What to Look for in Binary Signal Providers?
The minimum deposit is usually the first thing South African traders investigate. In the majority of cases, the signal providers or robots are completely free.
This means that traders do not have to pay extra to use them. They do have to make a deposit to start trading. The deposit is made with one (or more) of connected binary brokers who support automated binary trading. While the deposit amount can vary, in most cases it is around $250.
Another thing to look out for it to select a signal provider which is connected to well-established and preferably regulated binary broker.
Another thing to look out for when it comes to how to choose the best signal provider in South Africa is not to fall for unrealistic promises. As we pointed out – there is no such thing as a 100% guarantee to make profits. South Africans should stay away from such signal providers and select those which make realistic promises.
We also suggest traders in South Africa to opt for a binary robot which always demands that traders have to be logged into their account and present online when the trading process is taking place. Traders should also be the ones who adjust and set all the preferences and settings on the trading software.
Another important element which is sometimes overlooked is the quality provided by the customer support agents.
We strongly suggest that South Africans test the customer support service before they make the final choice.
Automated binary trading is getting more and more popular which means that the number of binary robots/signal providers grows almost daily. Selecting the best one is not easy, but in paying attention to tips we have provided it can be a much easier and less stressful process.
If traders also dedicate some extra time to reading various binary signal reviews available on our site that process will become even easier.
What is the Best Binary Options Auto Trading Robot in South Africa?
An increasing number of binary options auto trading robots available on the market does not make the answer to this question an easy one. However, as is always the case, some binary robots are more popular than others.
Binary Options Robot is one such trading software. It has managed to profile itself as the best South African binary robot in 2020. This title came as a direct result of outstanding services this binary trading solution provides to its registered traders.
Based the information available on their site, this is a 100% controllable binary trading software, it is free and it does not require any additional downloads or installations.
Binary Options Robot Software – Special Technical Information
One of the most appealing aspects of this trading solution is that Binary Options Robot offers its services for free. The registration process is simple, quick and free and South African traders can select any binary options broker available with the Robot.
What South African traders get to experience with Binary Options Robot is an advanced form of technology which uses API connection which then connects Robot backend to binary brokers. In using API technology, fast information processing is possible and, as the saying goes – time is money. And in binary options, time is of crucial importance.
Binary Options Robot uses a sophisticated trading algorithm which not only takes into account the present market situation, but also makes use of the information obtained via indicators, entry points, candlestick formations as well as risk management rules.
South African traders are free to use Binary Options Robot from any device which has good internet connection.
The Robot can and will trade only when it is connected to the internet. This is an additional protection for traders as that means that nothing happens without their knowledge.
South African traders get to choose among over 50 available assets. It is recommended to keep most (or all) underlying assets active at all times. This will generate more trading signals and more opportunities to make profitable trades and it does not cost anything to keep them active.
Traders also have a handy History tab which depicts all trades carried out in the past with all details about that trade.
There is another perk which comes with Binary Options Robot and which has been pioneered by this trading software called the Auto Trade Approval.
The Auto Trade Approval is a kind of a pop-up window that allows traders to have the control over their investment choices. When the Robot scans the financial market and located the optimal trade, it transmits that information to the trading dashboard.
This info appears in the form of the Auto Trade Approval providing relevant details about the trade. South African traders will see the underlying asset, investment value, a suggested put or call option as well as the expiry time for accepting the trade. What auto trade approval does is give traders the ultimate control as they get to either accept or decline the suggested signal.
Traders have the final say with Auto Trade Approval.
Binary Options Robot – Advanced Trading Features for Better Performance
The further attraction of Binary Options Robot is given in the fact that South Africans needn’t be trading experts to use it and hopefully profit from it. Naturally, it is always better when traders do know and understand the basics of binary options trading and are familiar with trading strategies.
Experienced binary traders in South Africa can also find this to be an exciting trading prospect since they can simultaneously trade with more binary options brokers.
This can be achieved from the one trading platform so traders know what is happening at all times and can manage or adjust their trading plan easily.
By analogy, this also indicates that South Africans do not need to open more than one trading account with Binary Options Robot.
South Africans have more than 50 underlying assets available which are grouped into currencies, commodities and stocks.
Binary Options Robot also provides Daily Stop Loss feature that which allows more protection for traders’ investments. The Stop Loss feature gives traders free reigns over how much they want to invest on daily basis. Once the set level has been reached the Robot will no longer trade. This is great as South African traders can create a solid investment plan and avoid unnecessary losses.
Maximum Daily Trades is yet another helpful feature that South African traders should use. This tool is designed to help traders set the maximum number of trades per day.
Trading Amounts feature is a handy way to define an amount that could be invested for specific underlying asset groups. For example, with Trade Amount traders can define that they wish to invest $200 in currencies, $100 in commodities, and perhaps $50 in stocks.
How to Open an Account With Binary Options Robot?
The registration process is simple, fast and straightforward with only the basic info required to open an account with Binary Options Robot.
The South African traders will receive a confirmation mail after they complete the registration process. After the registration is done, the traders have to make a deposit with more or more available binary brokers after which they can initiate the trading process.
Created and designed to be user-friendly, especially for newbie traders, the Robot will open one broker account for traders once the finalise the trading process. Depending on the country, in this case South Africa, Binary Options Robot will choose the best available binary broker. Later, the traders are always welcome to add more brokers to their portfolio.
Another thing should be kept in mind – if South African traders already have a trading account with one of the brokers available on Binary Options Robot it is not possible to use it this trading solution.
Traders have to register using Binary Options Robot if they wish to use this trading software.
Binary Options Robot VIP Account
However, the cherry on the cake when it comes to this binary trading solution is Binary Options Robot VIP account. This advanced trading account is free and traders become eligible to use it as soon as they make a deposit with one of the available binary brokers connected with the Robot.
When South African traders make a deposit for the first time, they will be in a unique position to use the VIP account for one month completely free of charge. And even after that first month is up all they need to do is make another deposit and the VIP membership will be prolonged.
Binary Options Robot VIP account is a collection of advanced trading features designed to further boost traders’ chances of securing success.
Contained within the VIP account, South African traders will find Trading Strategies feature, Risk Level features and Expiry Times features.
Until recently, this account numbered four strategies but now a new one has been added – Order Flow strategy which means there are now five in total. With Risk level feature traders may adjust the risk factor and with Expiry Times, South Africans can test both short and long-term expiry times.
Fintech Limited, which appeared on the South African market in 2020, is another potentially interesting binary robot.
A free binary options auto trading system, Fintech Limited provides handy trading features such as mobile trading app. Trader Sentiment is another useful trading feature which enables Fintech traders with a chance to monitor other registered traders and depicts the number of manual trades vs auto trades.
South African traders who opt to use this binary options trading robot traders get to experience aspects of social trading and copy trading via Sentiment feature.
Profitable Auto Trading Is The Key?
As evident by the info we provided here, binary auto trading can save a lot of time. Plenty of new and interesting auto trading robots are appearing on the market at all times bit not all of them will be equally successful and provide traders what they want in terms of profits.
Risks are ever-present and South Africans have to keep that in mind. However, in following at least some of the suggestions we provided here as well as testing out binary solutions such as Binary Options Robot, auto trading could be the key for many South African traders.
And of course, investing at least a little bit of time into education can only help along the way. Reading reviews on various binary robots and signal providers will allow South African traders to have a much wider and fuller picture. That, in turn, should make the selection easier.
The Importance of Binary Brokers for Successful Auto Trading Process
To say that the success of profitable binary options trading depends on a single segment would be a complete fabrication.
As always, there are many elements that must come together for traders to achieve the ultimate prize – profits.
Yet, one could argue the point that some elements are more important than others.
And two of the most important ones is the right combination of established binary broker and superbly designed auto trading robot.
As pointed out earlier, it is always clever to check the regulation status connected brokers have. If they have been regulated by regulatory bodies such as CySEC in Cyprus, ASIC in Australia, FCA in the UK, CFTC in the United States or FSB for South Africa. There are other regulatory authorities around the world as well and this may point out to the quality traders may expect from a certain binary broker.
South African traders must be aware that a regulatory license is not a guarantee, but it still provides additional security for binary traders.
Having a superb binary auto trading system will mean very little if the binary broker is a scam or simply does not put adequate effort into providing quality services.
Which brings us back to the point that we, at BinaryOptionRobot.com already mentioned – taking the time to do proper research. This does not just refer to the matter of binary auto robots and binary auto signal providers which, recently, seem to be overlapping concepts, but to binary options trading in general.
By selecting a South African signal provider or binary options trading robot which trades with only those binary options brokers which have withstood the test of time and provide the best possible service to their registered traders, is the union which stands a fair chance of bringing about healthy profits.
Our advice stands – traders should read broker review sites which offer advice and info on best binary brokers on the South African market.
The site also contains fantastic guides and strategies which can all help South African traders to expand their knowledge on the binary options trading process in general.
And in doing so, all prospective traders will also be able to grasp the basis of binary auto trading as well.
Customer Support and Education in South Africa
Successful binary options traders know to never underestimate the power of knowledge in binary options. There is no need to pay for expensive courses or colleges, as many good brokers offer quality educational materials. One of them is the popular and widely used 24option. On their platform, South African traders can find an entire section full of useful tips.
Another important thing to keep in mind is the professional, accessible and friendly customer support service.
When everything goes well, customer service is something the average trader doesn’t take into consideration, but if things go downhill it is important to have a good customer service to fall back on.
Customer service nowadays typically provides several different communication channels. Depending on the selected binary broker, South African traders can contact them via phone, email, live chat or skype.
Before making a deposit, traders should definitely test if the broker offers the satisfactory customer support service. Sometimes the customer service is available only in English, and sometimes in more languages, so South Africans have to make sure to check if they offer service in either their native language or in the language they understand and can communicate in.
Sometimes not even the best customer service will be able to solve a problem in record time, however good customer service will always give traders all the necessary information and support they might require.
Binary Options Trading in South Africa
As the world becomes increasingly more plugged in to the internet, and the cost of living continues to rise globally, it’s important to diversify your funds to ensure future financial success.Many individuals, citing this need, have begun to seek out different investments throughout South Africa to invest their rand, discovering Binary Options Trading and involvement with these type of investments.
Options trading refers to the engagement of stock exchanges through forex funds, or a compilation of various stocks into one bundle. In South Africa, online option trading is the most economically viable way to trade the forex, often done through binary options trading.Utilizing websites such as share trading, traders in South Africa can access their various binary options and conduct their bets with relative ease.
What Websites We Recommend
Below are the sites that we believe will help you best.
R 1500 20% Bonus
In South Africa
Min.Deposit R3000 Get 20% Bonus FSB Regulated.
In South Africa
Min.Deposit R2900 FSB Regulated.
In South Africa
Open Account 24Options
What is Binary Options Trading?
Binary option trading refers to the process of estimating the calculated price of a stock, and then obtaining that estimate after it has reached that. Often, those trading are done through a binary trading platform. While most stock options trading involves the purchasing of an asset and then waiting on its value to increase, Binary Options trading is different. It is a form of Forex trading, and is often done on the open market. Investors can normally work through specific brokerages, who trade their Binary Options for them. This allows for many investors to sit back and collect their returns. However you can see this isn’t always the case.
How Binary Options It Works
If Investor A predicts that the price of a good will rise a significant amount, while another predicts that it will fall, the gain/loss is determined by what the investor chooses as the correct price. By betting R2000 that it will go down by a set amount, Investor B bets that it will go up by the same amount. In terms of that 2000 rand, Investor A made a bid, while Investor B made a call.
Once that price is achieved, or unachieved, by that set amount of time, the amount bet by each investor is given in regards to what is lost/gained in a turnover. If Investor B was correct, then Investor A will lost their bet/investment and it will be given to Investor B. 15% of the turnover from each Binary Options trade will be deducted towards the firm that helped facilitate the trade.
Trading in South Africa
By using the online platform, share trading in south africa, users are able to stay up to date with their trades. Being provided with a live graphic of market trends, traders can monitor their prices and stay up-to-date with current pressing details. This is indeed a huge advantage for the traders who trade using binary options. While in the past couple decades it was required to.
Trusted binary options brokers
This opportunity enables South Africans to trade online, plugging them into the network of global traders all growing their own investments from the comfort of their own home. As our country is thrust into the digital age, many South Africans are capitalizing on this event with relative ease.
With the turbulence of binary options trading, immediate knowledge of your situation is required, and in the importance of smart-phones in our daily-life, current up-to-date monitoring is now easier than ever.
Unfortunately, often enough, traders who do not have access to the right information or resources find themselves having trouble finding success within the market. Not only this, their opportunities are limited geographically, making trading online the best choice for many residents in South Africa.
What is Binary Options Trading?
Binary Options trading refers to a monetary trading option in which you either get a fixed pay-off, or nothing at all, after placing a bid on what you believe the price of an investment will be at a specific time.
You could purchase into the price of sliver for an investment of 100, hoping that it will rise above a price of 500 by a certain period. If it is reached by this time, you have your investment returned. Often online trading offers additional benefits to your success as well.
First approved in 2008 by the United States, it has long found a home online in which specific brokerages work with investors to increase their revenue potential.
It works through a rapidly fluctuating price system, in which a single option may open at forty-two rand one day and increase exponentially to fifty depending on the market.
However similar, trading online in binary options is different. Done through brokerages, many listed at the bottom of this page,
Why Should I choose Binary Options Trading?
Its accessibility similar to other online trading options, traders are able to log into their accounts using apps or websites such our own at home, or at their office. This comfort differs from traditional investing, or competing on the JSE.
Here, we hope to enable your route to financial success with comprehensible financial resources and tools. With access to what we provide, we will guide you through the best route that fits not only your schedule, but your personal goals.
How do I get started?
In the expansive world of binary options trading, we recognize help might be needed and our support staff is here to help you with any questions you may have through our email.
By choosing one of the links we have provided below, various portals are available for you to start your investment platform. Each are easy to read for even the most inexperienced investor to learn and feel assured that they have made the right choice.
Each represent their own excellent starting point in your journey. Whether that’s through the trading of Oil binary options, or gold, it’s possible for any trader to have a fully diversified portfolio with binary options trading.
For the smart investor, research is key, and the availability of our own research works tremendously well with the links listed below.
More Binary Options Terms.
Fixed Return Option – A FRO is another term for asset-or-nothing, in which when the trade you place is successful that a specific amount of money is returned to the trader. Sometimes traders can promise up to 80% returns, however a return rate of at least 50% is more likely.
Controlled-Risk Trading – Controlled-Risk trading is the process of brokerages or other managers helping an investor manage their funds with a lack of risk for overall loss. In Binary Options trading, this is a typical method of management.
Theoretical Asset Pricing – Theoretical Asset Pricing, also known as Capital Asset Pricing, is the process of using binary options to determine the future price of an asset or security. Utilizing its past price history, it is a model to determine the risk or expected returns of various assets.
Over-The Counter (OTC) – OTC trading, or off-exchange trading, is the process of two parties directly trading with-in each other without the use of an exchange. An exchange, such as the traditional stock exchange, is normally regulated by a government body while the OTC one is not. Binary Options is one of the most common forms of OTC trading.
With the rapidly increasing and decreasing prices of binary options trading, it’s important to consider a few select strategies in order to maximize your profit.
These strategies have been developed over time by both brokerages, and individual traders, specifically to help out the average investor.
5 Step Binary Options Trading Guide
The most crucial aspect of learning how to trade binary options is the knowledge behind it, for many investors lack the overall information needed to make successful trades.
Since South Africans are not located close to the global financial markets, the internet offers every piece of information you could need to start.
By knowing more about the subject you want to invest in, the history of its prices and whether or not it is at a current peak price, or the volume of the asset you wish to trade in online, you can increase your chance of success.
Vital to the success of your portfolio, research will also decrease the risk of your exposure to scam-brokerages.
2. Choosing the right trade
Researching enables you to move to the next step, which is determining the type of trade you wish to invest in and then the frequency. After deciding on the right brokerage that you are sure will work for you, you’re free to use their online platform and get started investing.
Specific assets trading do not move as quickly as others, while others drastically change in prices throughout the day and focus more on the overall cash-value. These types of trades are known as asset-or-nothing or cash-or-nothing.
Another helpful tip is to note when each global market opens, and conduct your trades when this happens.
3. Conducting your trading
Brokerages and the websites you use to invest are there to help you grow your money, and you have finished with your research, it’s time to decide on which asset you are going to be trading.
With real-time monitoring through the online platform investors are able to track the asset in which you are investing, often letting you set bids or quotes on the asset you are trading.
If you have purchased oil and believe it will rise $5 in price by the end of the day, the website or brokerage you use will facilitate your trade and take its fee from the trade. Generally this is under twenty-percent.
By doing multiple trades per day, which increases the chance you could make money, you could quickly earn a profit.
4. Managing your funds and Diversifying
As you grow your online binary options portfolio, the need to branch out your funds will arise. This means, instead of just trading in one asset, that you begin to trade in multiple.
Keeping on track of your research will allow you to be sure that you are conducting careful trading. The only way to make a large profit in binary options is through a large amount of trading, which can only be built through growing your existing assets.
As well, it takes a good understanding of money management to succeed in binary options trading.
5. Keep Your Emotions In Check
The key form of binary options trading is to keep track of your emotions, as the price of your asset may decrease significantly below the goal you have set, but this may soon quickly come back to its initial standing.
This often rapid decrease or increase can cause many unweary traders to let go of their investments at a lower price than what they had purchased them for initially, when in reality that price fluctuation could’ve stabilized sooner than they thought.
Binary Options Trading- How to Know when to “Put” or “Call”
After you have bought your first binary options and are ready to begin trading, you will have to make one choice in each trade.In the formula of binary options, you will have to either place a ‘Put’ on your binary option, or a ‘call’ on your trade for your desired outcome.
This choice is pivotal to your success, for if you are correct, then you will see a return from your trading platform or brokerage. If you are unsuccessful however, this unfortunately may not be the case.
For this reason, investors and traders across South Africa study statistics and other data to gain a better understanding of the market. With their extensive research, they have released strategies and other methods of trading that our partners share, and we would like to discuss in more detail.
Due to the rapid fluctuations of the global financial markets, each binary option that is trading on the market is changing in price every second through changes in pips.
When you are deciding to place a put on your Binary Options trade, you are making the assumption that the asset you are trading will go up in price.
The highest form of return through Binary Options, is through specific options pricing. This means you will choose the exact price it will rise to, or a price that is close to it. Typically this form of trading goes against another investor, and whoever is closest to the correct number wins the trade.
While with putting you do not always have to set the specific price you predict your asset to grow to, often times placing a ‘put’ on your binary options simply means you just predict it will go up. Trading platforms that offer this form of trade typically offer a lowered return rate, but with a steadier rate of success.
In order to increase your success, binary options should be placed on ‘Put’ if they are increasingly volatile. If Asset X has a pip graph that rises more often than lowering, notice at what times it is the highest.
Once you have a good understanding of the trading behavior of your asset, you will be able to use this along with other observations to boost your percentage.
To place your binary options trade on ‘call’, you are predicting that the price of it will lower.
It is similar to putting, with only the opposite intention.
Binary Options trading on the market will go through ‘dips’ in which their value is drastically lowered from a steadier price in the past. These dips often repeat themselves during certain times, and can be watched out for. For this reason, if a dip is noticed, it is important to place your option on ‘Call’.
This choice is influenced dramatically by real-world events that may correlate with the value of the asset your Binary Option is trading, and a close eye on the financial markets can reduce the risk of turmoil to your portfolio.
Making your choice
With your research, you will notice trends within your binary option of interest and will have to take note of each. A trader who understands the mathematics behind trading, along with his asset’s trading history, will notice that his risk percentage will be lowered tremendously.
With either call or put options, you will see the same rate of return. For this reason it is up to you to use the strategies we list along with our counterparts, and research your decisions to call or put before you make your first trades.
Breaking down Binary Options
Every year, binary options trading liberate South Africans financially. Although at first glance binary options trading may seem complicated, in application the process of Forex investing is relatively easy and a growing trend that ties South Africa into the global financial market.
How Do Binary Options Trading Work in South Africa
A trader buys into the forex with a base currency, and then sells it at the price they wish as a quote currency – this differentiates the market and influences the price of the forex.
The price is ticked off in measured intervals known as pips, otherwise traded as units. By quoting the select pip you wish to sell or buy your forex, you predict the potential gain. Pushing it down into such tiny intervals allows for a maximized control over the often turbulent pricing of the Forex market.
The investor who predicted that the pip would rise to a specific amount, would place a ‘bid’ on the price, while the investor who wished to sell the forex at another pip would place a ‘call’.
Ultimately, as stated above, the most accurate bid or call takes the bet on the trade with generally 15% to 20% of the trade’s profit going to the firm that helped facilitate the transaction in the first place.
Effectively when you trade a Forex binary options you are buying into the price of one currency against another, as each trade is paired up with another identical trade for the opposite notion.
With the investment of a certain currency, for example your own funds, it is matched against another volatile raising or lowering of price. This enables the Rand to be bought against the USD, Euro, or any global currency.
In short, you are bidding your price against something while another trader is doing the opposite, and whoever is closer to achieving this goal is able to receive the profit while the other receives the loss.
Binary Options Trading Advantages
Placing trades, once limited to the JSE, can be done through the online website that is functioning as your brokerage, or the brokerage yourself, on their own platforms that they provide.
These websites digitally give the tools of the average investor on the JSE, and provide a steady stream of up-to-date information that wouldn’t be found outside of the digitally world.
Through the process of buying into another currency, often investors are able to double their money and see the gains supported by both themselves, and their brokerages.
By bidding on theoretical trading, you are effectively working ahead of the market to achieve profit you desire. You are also competing on a global market against currencies of potential higher or lower value than yours, exposing your overall value to a different level of fluctuation.
With the price of the Forex often depending on multiple currencies, this pushes the pip up and down depending on that options position in the market. By trading the Rand against the USD for instance, which has a higher monetary value, an investor would be able to double their money.
Along with this, binary options traders do not have to bid the full price of a forex and simply buy it in pips. This form of investing negates the need a large amount of capital (although the typical movement of pips is in units of 1000) and can see returns grow quickly.
Other investments, such as trading traditional stocks on the JSE, are conducted on a much slower basis. They are limited to specific areas of interest and do not offer the robust diversity that binary options trading does.
Binary options and Forex trading FAQs
It is important for any trader wishing to begin investment in binary options to conduct extensive research before beginning. This is why we’re here to help you.
How do I get started?
After registering your account with one of the websites we’ve provided, along with giving the information required to be entered, any trader is able to begin investing. Accounts are generally free on most websites, making it easy for anyone to sign up.
By linking your account with your bank account, you can place a small amount of funds in your investment account to be redistributed into investments. With some websites your account can begin investing with as little as a 12 rand deposit, but generally deposits range from six hundred to over one thousand rand.
What can I trade in?
With binary option investing, you can bid on the price of nearly anything. Many investors see the most success in the industrial field.
Others bid on the price of specific companies to even the potential real estate value of buildings.
Open twelve hours a day, the market operates and places its trades from 22 GMT to 22 GMT.
How do I place a trade?
By using the websites we provide, we make it easy for you to navigate the trading process and conduct your business.
What are the dangers of binary options trading?
With any investment comes risk, however dangers can be significantly minimized by using the right tools and choosing the right investments. Due to the gambling nature of the independent market, it’s possible to lose a large part of your investment if you are not careful enough.
How can I protect after these dangers?
By choosing the correct brokerage, or the one that fits the most to you, you can feel assured that a general rule of ethics comes into place. They protect for future financial disasters, as well as direct your binary options investments on a day-to-day basis.
Generally it is hard for your investment to lose a significant amount of money, as the brokerage you’ve chosen will normally not let you lose more money than what was initially placed into the account. This means you can feel confident to trade on the market, without the risk of losing it all if you operate independently. This functions for many websites available for binary options trading as well.
What if I want to go independent?
Many South African binary options traders, working through online websites such ourselves, work as their own brokerages and use the websites support staff as their guide for any potential problem. By sending a question, or concern you may have, your problem could potentially be addressed.
What is a pip?
A pip is how traders track and measure the price movement of an asset, broken down into a micro interval. Typically, a pip is worth one unit of the currency it is trading in.
How can my small investment grow?
After investing, you are able to place trades in intervals. If you bid that the price of gold will rise $10 from $40, and you find that you are correct, you will gain the $10 that you bid. Over time your success in doing so will grow your funds to whatever amount you wish, and can be diversify to include multiple trades at one time.
How can I find the support team?
By using our own email listed, as well as the email and live-chats in the websites we have available, access to the support that you need is possible.Best Binary Options Brokers 2020:
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