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:
- 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 21st 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.