BullBinary Broker Review ¦Binary Options Trading South Africa

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Trading Education, Free Demo Account!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker. Only For Experienced Traders!

BullBinary Broker Review

This broker is closed.

Estalished in 2020, BullBinary is a binary broker who is present on South African market to offer trading platform for investing in binaries. This brokerage company is operated by the Spot Capital Markets Ltd.

Further in BullBinary broker review, we’ll provide more thorough information regarding the platform and what trading tools can South Africans use to maximize profit in binary options.

BullBinary South Africa – General

What we discovered in BullBinary broker review is that required minimum deposit is $250. Minimum investment is only $1, while returns go up 90%. With BullBinary, it is possible to choose between several different currencies, including USD, EUR, GBP, PLN, HUF, BRL and CZK.

BullBinary broker review revealed how they obtain regulation of 14 regulatory authorities which is absolutely fantastic. With its regulatory status, traders don’t need to worry if their funds will be safe as well as will they be able to reach BullBinary support service in case of any assistance.

BullBinary Platform and Trading Features

SpotOption software is the chosen one for BullBinary broker, thanks to its simplicity while trading. Available trade options on BullBinary platform are: 60 Seconds, Pair Options, High/Low and Long Term. our BullBinary broker review showed us how South Africans can choose between more than 180 underlying assets (currencies, stocks, commodities and indices).

Traders might wonder which features and services are available on this platform. Our BullBinary broker review showed us how features such as Double Up, Sell options and Rollover await traders in South Africa to join in and begin trading.

As the word says it, Double Up means how it is possible to double the trade in order to improve trading results with an asset. With Sell Options, South Africans can sell the position before a trade expires. Rollover feature is very meaningful for registered traders since it enables them to postpone expiry time, which is especially important if a trade is in unsuccessful position. This feature is valid up to 15 minutes before trade expires.

BullBinary has prepared mobile app to satisfy needs of busy traders who prefer trading binary options on the go. Due to tech improvements, traders can now benefit from mobile trading since mobile platform is transparent and easy to use with clear overview on trading charts. App is connected with both iOS and Android systems.

Inexperienced South African traders will be glad to see how this broker offers demo account option on this platform, as learned from BullBinary broker review.

On BullBinary demo, traders can perform strategies and trading techniques in risk free environment to gain more trading knowledge. With demo, trading is risk free since there is no option of investing real funds, only virtual ones. Traders should know how on Regular account, demo account isn’t available, but access to demo can be used only when traders deposit at least $2500.

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

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Trading Education, Free Demo Account!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker. Only For Experienced Traders!

BullBinary Account Types

What we learned in this BullBinary broker review is that this broker offers several trading account to South African traders, besides practicing on demo. Check further our BullBinary broker review and find out more about characteristics of each BullBinary account.

BullBinary Regular Account

  • Minimum deposit of $250 and investment $1
  • Payouts up to 83%
  • Withdrawals within 5 business days
  • A variety of education materials on disposal

BullBinary Silver Account

  • Minimum deposit of $2500 and investment $1
  • Payouts up to 83%
  • Withdrawals within 5 business days
  • A variety of edu materials on disposal and 1-on-1 trading sessions with an expert

BullBinary Gold Account

  • Minimum deposit of $20 000 and investment $5
  • Payouts up to 85%
  • Withdrawals within 2 business days
  • Access to Edu Center and unlimited 1-on-1 trading sessions
  • Personal expert on disposal
  • Access to market news and webinars

BullBinary Platinum Account

  • Minimum deposit of $50 000 and investment $25
  • Payouts up to 90%
  • Withdrawals within 24 hours
  • Unlimited and free withdrawals
  • Access to Edu Center and unlimited 1-on-1 trading sessions
  • Personal expert on disposal
  • Access to market news and webinars

BullBinary Customer Support Service

Good and quality customer support is an important segment in binary options industry and our BullBinary broker review showed exactly that.

Traders in South Africa are able to reach this broker via several ways; email on [email protected] , live chat, online form and phone number for 18 countries around the world.

Also, platform is multilingual and available on following languages: English, French, Portuguese, Spanish, Chinese, Czech, Italian, Russian, Greek, Polish, Hungarian, and Arabic.

Another important element for registered traders is the fact how support service is on traders’ disposal 24/5. South Africans can ask support agents any question regarding their platform, how to make transactions or what features can be used in order to make profit when trading binaries.

As mentioned above in the BullBinary broker review, traders have option to check their Education tab and find needed info which can be used in the trading process.

These education materials include FAQ, Economic Calendar, Bull Academy, webinars, latest updates from market news, One-on-One trading and Products. Entire Education Center is completely adjusted for traders novice as well as pro traders who can use education guide to expand trading knowledge.

BullBinary Banking Info

Owned by Spot Capital Markets Ltd, this broker offers South African traders an innovative platform with a wide range of trade options, accounts and features for profitable trading journey.

Our BullBinary broker review revealed how it is possible to deposit through several ways, such as:

  • Cards: Maestro, Visa, Mastercard and Carte Bleue
  • Wire transfer
  • E wallets: Neteller, Skrill Moneybookers, AstroPay, Boleto, WebMoney, PaySafe Card, QIWI, Moneta.ru, Sofort, TrustPay, Neosurf, GiroPay and HalCash

Also, it is important to mention how there are no fees for depositing. In order to begin trading, South Africans first need to sign up, click on My Account tab and deposit a specific amount of money.

Concerning withdrawals, traders first need to submit a withdrawal process and provide several needed information. They include proof of address and copy of ID card. These documents need to be sent to email [email protected] for this broker to approve request.

Once approved, it might take up to 5 working days for traders to receive their earnings. Our BullBinary broker review showed us how there are no minimum withdrawal amount, which isn’t so often seen in binary industry. But, this broker does charge fee for withdrawals, in amount of $10, except Platinum account which is free.

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.

BullBinary Broker Review 2020

BullBinary, a binary broker present on the South African market since 2020, is a brand name of Spot Capital Markets Ltd. This is a regulated broker which provides traders with numerous options to make a profit.

In BullBinary broker review we shall present essential information concerning their trading platform, account types as well as trading features and tools.

BullBinary General Information

In BullBinary broker review we discovered that minimum deposit is $250 with the minimum investment being only $1.

In order to deposit funds, traders first need to sign up and then simply proceed to My Account tab where they can deposit the funds which they will later use in trading.

Traders may select among a handful of currencies such as EUR, GBP, USD, CZK, PLN, HUF and BRL.

Another benefit for South African traders is the possibility of attractive returns which may go up to 90%.

Additionally, as a binary broker regulated by a regulatory body, South African traders get that extra security as concerning the safety of their funds.

BullBinary Platform and Trading Features

When it comes to trading software, SpotOption is utilized on BullBinary trading platform. SpotOption is one of the leading trading software in the industry.

In our BullBinary broker review we found that trading options South African traders can use are:

  • High/Low
  • Pair Options
  • 60 Seconds
  • Long Term

More than 180 underlying assets are also available to traders when they place trades and those are sorted into four categories: indices, currencies, stocks and commodities.

South African traders also may benefit from various trading features which include Rollover, Double Up and Sell Options.

Sell Options feature provides traders with the possibility to sell position prior to trade expiry.

On the other hand, Rollover feature provides an opportunity for traders to delay the expiry time which can be of great importance if traders find themselves in a position where their trade is not going in the predicted direction.

The Double Up feature is there so traders may double the trade they made which may bring in more profits.

Fantastic and very 21 st trading tool available with BullBinary is their mobile trading app. This is a handy solution for all South African traders with busy lifestyles who still want to be active participants in the binary options trading market.

Our BullBinary broker review showed that traders having iOS and Android devices may use this trading app.

Another great benefit for South African traders which we discovered in our BullBinary broker review is their demo account. Using the demo account is especially beneficial for newbie binary options traders as this provides them with a perfect setting for practicing.

Demo account is a risk-free solution since traders get virtual funds not real once and they can practice various trading strategies and options.

With BullBinary, access to the free demo account is possible once South African traders deposit the minimum of $2500, which means this trading feature is not available with their Regula account.

Lastly, the BullBinary trading platform also supports a variety of languages such as Arabic, French, Portuguese, Spanish, Chinese, Czech, Italian, Russian, Greek, Polish, Hungarian, and English.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Trading Education, Free Demo Account!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker. Only For Experienced Traders!

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