Top 10 Binary Options Sites South Africa
Daweda Exchange Broker
This popular binary options broker appeared in 2016 and quickly became an obvious choice for many South Africans interested into trading binary options.
Potentially one of the main reasons of Daweda Exchange popularity might be thanks to minimum deposit amount of just $100, which is way below average in binary trading. Also, required investment is $10.
When trading on Daweda platform, traders are able to choose between traditional binary options trading and automated version, such as on Daweda ATS software.
IQ Option Broker
IQ Option is a binary broker who uses user-friendly interface, modern platform which makes trading binary options easy even for new traders. The software they use is their own and it enables secure trading.
With a minimum deposit of only $10 and a minimum investment which starts at just $1, maximum returns possible with IQ Option can reach 92% and numerous trading options, tools, features and accounts, IQ Option is a great choice for binary options trading.
Another CySEC regulated broker, 24option has been present on the binary options market for the past six years.
Equipped with a TechFinancials software on their modern platform which supports more than 10 languages, 24option offers five different accounts, a handy mobile app available for both Android and iOS devices and an in-depth education section.
Minimum investment with 24option comes at an affordable $24 while their minimum deposit is $250.
Maximum returns can go as high as 88% as assets on offer include currencies, commodities, stocks and indices with numerous underlying assets which can be found on 24option platform under Asset Index section. Customer support is available 24/7 and South African traders can reach it via live chat, email and phone.
Another jewel in our top 10 binary options sites South Africa, AnyOption is not only CySEC regulated broker but also FSB regulated (reg.no FSB 42020) which serves as a proof traders are dealing with a trustworthy binary options broker.
On their proprietary platform, AnyOption uses SSL encryption technology which makes certain all sensitive data transfer happening between traders and AnyOption platform is secure.
Their minimum investment is $25 and the minimum deposit is $250 while AnyOption maximum returns can go up to 80%
Always innovative in their approach to binary options trading, AnyOption offers a novel way of trading binary options with their Bubble Options which could be interesting for South African traders to explore and learn more about.
Live chat, phone and email are all available as a means to communicate with customer support around the clock. Traders have the added benefit of AnyOption platform offering the mobile app too which makes it possible to trade all the time, as well as having a selection of 15 different languages on their platform.
Registered under a CySEC license, PrestigeOption, a binary options broker present on the trading market since 2015.
They offer numerous trading features on their modern trading platform which uses the SSL encryption technology which enables secure data transfer between their platform (they use TradeSmarter software) and their registered traders. Fantastic features such as Sentiment,
Fantastic features such as Sentiment, Risk-O-Meter and Refer-a-Friend enable traders quality trading experience. Paired with five different account types and an affordable $250 minimum deposit as well as various trading options place PrestigeOption on our top 10 binary options sites South Africa list.
With Opteck, traders get six different trading accounts and a demo account as well, which can be of immense value to novice traders since it provides a safe trading environment.
Opteck also offers an Islamic account for their registered Muslim traders.
Another benefit of trading with this broker is their minimum trading which is only $25.
Opteck minimum deposit is $250 and maximum returns can rise up to 85%. MasterCard, Maestro, wire transfer and E-wallets (CashU and Skrill) are all paying methods available to traders while Opteck minimum withdrawal sum is $50.
The final point in Opteck favour is the fact that this broker is also CySEC regulated, has a licence number 238/14 and has been present on the market for the last 5 years.
Present on the market since 2010, StockPair, a brand name of Nextrade Worldwide Ltd is a CySEC regulated broker whose license number is 229/14.
As a forward-thinking broker, StockPair offers interesting binary trading options such as Kiko Options, Pair Floating Options and Pair Fixed options together with the standard Binary Options.
Detailed education materials available on StockPair platform, together with a fine selection of assets and underlying assets and a safe trading environment provided by SSL encryption technology used on the platform, makes StockPair a logic choice for out top 10 binary options sites South Africa.
They also offer interesting bonuses which South African traders can read about in their terms & condition section under point 20. Lastly, with StockPair the minimum deposit comes at $250, minimum investment is $20 and maximum returns can go all the way up to 85%.
Established back in 1999, Binary.com binary broker is present on global financial market. To South African traders, this broker offers proprietary platform with many specific trading features and tools.
Minimum deposit is just $5 as well as lowest investment which makes it one of desirable binary options brokers on South African market.
In case of any unclearities, traders can turn to their support agents via email, telephone or live chat. Also, it is important to note how South Africans are able to make deposit via many different ways, such as numerous e-wallets, credit cards and wire transfer.
ETX Capital Broker
On binary market since 2014, OX Markets presents itself as a modern trading platform where traders can experience simple binary trading journey.
Required deposit amount to begin trading is $100, which is an attractive amount to invest in.
Traders are able to invest in different underlying assets, such as stocks, commodities, currencies and indices. Also, on disposal they have a selection of useful trading apps and features, including demo account and mobile application.
OX Markets Broker
To attract more traders to join in, OX Markets offers a modern and user-friendly interface with a variety of trade options (short-term and long-term).
Minimum deposit is $250 and traders in South Africa can earn up to 88% return of their investment.
Traders are able to select between 4 different trading accounts. Regarding any trading step, they can turn to resposnive customer support service provided.