Since binary options only seem to gain in popularity when it comes to South African market, it would appear that traders found it to be a profitable alternative to make profit.
There are several important factors which contribute to a successful binary options trading, and selecting a safe trading platform paired with a reliable broker and a fine set of trading features comprise the base.
Governed by that, we have decided to present South African traders with useful info on what are the best trading platforms for safe binary options trading which can further help traders in their decision-making process.
The Most Successful Binary Trading Platforms
In order to present South African traders with a transparent and easy-to use list of safe and well-known platforms, we shall cover those which are best known and most widely used in binary options trading.
Best binary options platform present on the financial market are:
- SpotOption trading platform
- TechFinancials trading platform
- Proprietary trading platforms
- Tradologic trading platform
- PandaTS trading platform
- Leverate trading platform
Trading on SpotOption Platform
A simple fact that over 250 brands across the globe use this trading solution speaks volumes about its popularity and success. SpotOption platform was established in 2009 and since then continues in providing trading software embedded with both high security level and excellent standards of trading.
Some of the most prominent binary brokers on today’s market use this trading platform:
Equipped with superb trading options and a fine variety of features, South African traders who end up trading on this platform will be able to get the most out of their trading journey.
SpotOption software offers traders following trading features:
- Double Up – tool used to double the trade if South African traders are positive the trade is going in a right direction
- Rollover – when switched on it provides the possibility to delay time of expiry when traders aren’t certain about the direction of the price
- SpotFollow – provides the option to copy the trades executed by professional binary options traders
- OptionBuilder – enables a personalized trade
Trading on TechFinancials Platform
Since it appeared on the market in 2009, this trading platform soon became one of the most sough-after trading software solutions. Plenty of brokers from our list utilize this platform for a unique and successful trading experience.
South African traders which decide to trade with brokers who offer this trading platform gain access to a fine trading software which presents an assortment of different features and tools when can be used so as to secure a profitable binary trade.
Over 100, 000 are executed daily using TechFinacials platform and another benefit is that traders are also given the opportunity to execute trades via mobile app which further facilitates the trading process.
Trade options available with TechFinancials are as follows: Touch/ No Touch, High/Low and Boundary options. Tools such as Spot, Ladder, Option Pricing and Trading On-the-Go which are also available, just add to the rich trading assortment.
Proprietary Platforms in Binary Options Industry
Another way to go is by turning to proprietary platforms, and several well-known and respected brokers opted to use that route for binary options trading.
Brokers which selected this are:
The main idea behind the proprietary platforms is to design custom-made software which is equipped with unique trading features and tools which will, accordingly, provide those who use it with a unique trading experience.
Brokers, listed above, are all CySEC regulated which only adds to the overall appeal since that guarantees high standard of service and meticulous following of rules and regulations proscribed by such authorities.
Since all proprietary platform are different and come with their own unique set of trading options, tools and features, South African traders can look forward to a truly exceptional trading experience.
With IQ Option that can be the useful mobile trading app and with StockPair new trading option – Kiko Options.
However, there is one common character trade they all share – user-friendliness. Meaning, traders should not experience any problems in trying to use them and navigate them successfully.
In order to gain full insight into each trading platform, interested South Africans are advised to further read reviews.
Trading on Tradologic Platform
Another great choice when it comes to answering the question what are the best trading platforms for safe binary trading is – Tradologic platform.
This trading platform has been on the market since the very beginning of binary options trading, since 2008, and broker RBinary is one of those who use Tradologic as their trading platform.
A selection of interesting trading options is available for those traders who opt to trade on the Tradologic platform and among those on offer, traders can find: Touch/No Touch, Binary, High/Low, Touch Up/Down, Turbo Options, Matrix MultiX and Binary 100.
Additional features are also available and those include: Double-Up, Re-Strike, Close, Rollover and Insurance.
South African traders which will trade on this software will do so on a user-friendly interface which will provide an easy binary options trading experience.
Those trades who prefer constant access to their account and who wish to trade on the go and take up any potentially profitable opportunity can do so via mobile trading app which is also available with Tradologic.
Trading on PandaTS Platfrom
Available on the trading market since 2007, PandaTS provides those who use it with a modern, innovative approach to trading and an easy-to-use platform.
Various trading options are integrated within this trading solution and those are: High/Low, Hyper, Turbo Options, Range Options and Touch Options.
Tropical Trade and Binary.com, both reliable binary options brokers also present on the South African market, opt to use this trading platform.
PandaTS trading software also provides opportunity to be used as a mobile version via mobile trading app and both Android and iOS devices can run this app without problems.
Trading on Leverate Platfrom
Leverate platform is another response which may be offered in order to answer the question on what are the best trading platforms for safe binary options trading.
More than 100 brands have chosen Leverate as their software solution.
TradeThunder is one of the brokers which uses Leverate as their trading solution.
Options such as High/Low and 60 seconds are possibilities open for binary trading with another interesting feature called One Click. Upon activation, this provides an immediate execution of binary trades.
BX8 platform provides South African traders with a simple-to-use platform which has a decidedly modern feel to it.