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BetOnFinance Broker Review 2017

  • Min. Deposit $10
  • Min. Invest $1
  • Return n/a

BetOnFinance is the first global gaming system which provides a whole new way of participating on financial markets. They are operated by the BetOnFinance Ltd.

By which elements does BetOnFinance differ from other binary options broker on South African market?

In this BetOnFinance broker review, we’ll take a closer look of how they operate and what trading features do they offer to South African traders who want to experience a different approach of online trading.

Trading on BetOnFinance enables traders to bet either on the best or worst assets in predetermined period of time.


BetOnFinance for South African Traders

What we learnt in BetOnFinance broker review is that they combine regular horse betting with trading on stocks as type of underlying asset. We can definitely say how BetOnFinance provides a unique way to trade on global financial market unlike many other binary brokers.

From where to start? The initial step is to register with BetOnFinance platform. To get full access, South African traders have to submit few needed documents (personal info) to confirm identity. Afterwards, they need to choose a currency in which to trade. Available currencies are: EUR, SEK and DKK.

BetOnFinance broker review reveals how required deposit amount is €10 and betting begins at amount of only €1.

Betting on BetOnFinance platform is fun and simple to trade on. Traders need to choose a direction of a stock in predefined time. Afterwards, they are required to select a deposit amount and place a bet.

BetOnFinance Trading Accounts

BetOnFinance broker review demonstrated how traders in South Africa are able to choose between two available account types. One is demo account while other one is real account type intended for real betting.

BetOnFinance Free Competitors account

As a demo account, it is an excellent option for all those South Africans who want to practice first and test the platform before an actual bet. This account is free and is funded with €5000 for practicing on how to bet and gain more betting experience with BetOnFinance.

BetOnFinance Real Play account

Betting on Real Play enables South African traders a wide selection of trading opportunities. Traders are able to start betting from just €1 and deposit amount of €10. It is possible to bet between themselves according to BetOnFinance broker review.

What to Expect from BetOnFinance Betting Platform?

We discovered in BetOnFinance broker review how South African traders have option to select between 2 betting platforms, such as demo and real account type. This software provides very simple use of it due to own proprietary platform.

Overview is simple and traders can check Game Selection as listed on the left side of the platform. Traders are also able to choose a market to bet on, game option, time frame and game day.

With BetOnFinance, traders can bring personal touch to it and adjust the settings as they want. This can be done easily by professional traders as well as traders novice. On their disposal, traders can choose between 30 different stocks and a selection of expiry times (12 hours, a day, week and a month).


BetOnFinance Customer Support Service

For this BetOnFinance broker review, we checked if their customer support is responsive or not. South African traders can reach this broker via web form or even through Facebook and Twitter.

If traders want to learn all tips and tricks of expert financial betting they can check Bet School. Under this tab, traders can find a selection of guide articles and tutorials on how to increase betting performance.

Alongside, South African bettors can get stock information under News tab. Latest updates and market news are listed so traders can get updated info about a specific stocks.

BetOnFinance Banking

As the last segment in BetOnFinance broker review, we will analyze banking information which are relevant to registered South African traders. There are various deposit methods available on BetOnFinance platform, such as Visa, Visa Electron and Mastercard.

For BetOnFinance payments to be properly done, traders need to authenticate their trading account by providing proof of identity. This broker doesn’t approve withdrawals higher than 2300 EUR without any identity proof (ID card copy and proof of residence).

BetOnFinance - Review Conclusion