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Top 10 Binary Trading Sites South Africa

In order to help our South African traders in their search for a good binary options broker, we have compiled a list of top 10 binary trading sites South Africa by our choice.

Listed below are broker sites which offer quality trading services, have a great reputation and can help South African traders to make the right choice when it comes to choosing a broker which will suit their needs and trading style to perfection.

Trading sites on our list have great trading features, tools, various account types, reliable customer service, transparent terms & conditions and provide appropriate safety measures.

Top 10 Binary Trading Sites South Africa

  • Broker
  • Min. Deposit
  • Min. Investment
  • Max. Return
  • Free Demo Account
  • Trading Account
  • Review

Top 10 Binary Trading Sites South Africa

IQ Option

One of the most popular brokers in South Africa, IQ Option isn’t accidentally on top 10 binary trading sites South Africa. This is a regulated broker with a modern, user-friendly platform.

Their minimum deposit is just $10 while IQ Option minimum investment starts at $1 and maximum returns can go up to 90%.

They use their own software on their platform which offers a safe way of trading binary options with a variety of different trading options, features, tools and account types.

They provide a proprietary platform which is adequately protected via SSL encryption technology. South African traders are given plenty of trade options with a vast choice of underlying assets,  trading features and tools.

With IQ Option, traders also get to use Real Account and VIP account.


Present on binary options market since 2010, 24option is another regulated broker which offers their registered South African traders numerous trading options and five different types of accounts.

They utilise MetaTrader 4 trading platform which provides effective trading experience. With a minimum investment of $24 and a minimum deposit of $250, 24option maximum returns can go up to 88%.

Their trading platform is available in more than 10 languages and offers a mobile app, compatible with both Android and iOS devices, extensive education section, numerous underlying assets and a 24/7 customer support.

Luckily for all South African traders, 24option also provides a demo account where traders get to experience binary trading in a risk-free environment.


South African traders will discover PrestigeOption, a popular binary options broker established in 2015.

On their platform which uses TradeSmarter software as well as SSL encryption technology, they offer numerous trading features.

With Risk-O-Meter, Sentiment and Refer-a-Friend, traders are presented with great features which can significantly improve their profits.

When combined with easy to use trade options, six account types and an average minimum deposit of $250 make PrestigeOption presents an attractive package for South African traders.


Binary broker Opteck, a trading name of Centralspot Trading Ltd, has been on the binary options market since 2011. This is another regulated broker we have reviewed on or site because of the high quality of service it provides.

South African traders can start trading with Opteck at only $25 and with a minimum deposit of $250. Maximum returns possible with Opteck can reach 89%.

Opteck offers six accounts with the addition of both demo account which can be of great value to novice traders as well as Islamic account for Muslim traders.

Minimum withdrawal amount is $50 and that can be done through various payment methods which include Maestro, MasterCard, E-wallets (Skrill and CashU) and wire transfer.


With a minimum deposit of $250, a minimum investment of $25 and maximum returns which can go as high as 80%, AnyOption is a binary options broker present on the market since 2008.

They are FSB regulated broker (reg.no FSB 42020).

This broker uses their own software on their proprietary platform coupled with SSL encryption technology which enables safe transfer of information between the platform and the traders.

Among other interesting trading features, AnyOption offers the Bubble Options which South African traders ought to explore.

Their customer support is available around the clock through live chat, email and phone and their platform is available in 6 different languages.

With a minimum investment of only $25, maximum returns which can go up to 80% and a minimum deposit of $250, AnyOption also has a mobile app adjusted to be used on both iOS and Android devices.


A brand name of Nextrade Worldwide Ltd., StockPair has been present on the market since 2010.

StockPair offers interesting trade options such as innovative Kiko options well as a myriad of underlying assets, detailed educational materials and a safe environment (SSL encryption technology used throughout their platform) to South African traders.

Their minimum deposit is $250 while minimum investment is only $20 and maximum returns which can reach 85%.


BinaryOnline broker is one of the binary brokers with very low investment amount $5. This broker offers high returns even up to 81% for successful trades.

A great option regarding BinaryOnline is the fact that this broker is connected with one of the best binary automated trading system on South African market, a Binary Options Robot software.

With BinaryOnline, South Africans can also experience the increasingly popular copy and social trading.

Daweda Exchange

Another prospective binary broker for interested South Africans, Daweda Exchange is a recent addition to the market. They are a regulated broker which provides South Africans with interesting trading choices.

Their minimum deposit is lower $100 while the minimum investment si set at $10.

They provide traders with an effective, modern proprietary platform which features both mobile trading and the demo account.

Another benefit of opting to use daweda Exchange is that South African traders can choose to use their Daweda Exchange Automated Trading System for a different binary trading approach.

ETX Capital

On the market since 2014, ETX Capital binary broker offers lower than an average minimum deposit of $1oo and affordable minimum investment of $10.

South African are offered more than 100 underlying assets, great trade options like High/Low, 60 Seconds, pair Options and Long Term.

As a modern binary broker, ETX Capital provides both mobile trading app as well as a demo account which is funded with $10 000 of virtual money which is ideal for practising in a risk-free environment.

Traders also get reliable customer service, numerous payment methods and well organised Education section.


This is another interesting broker for South Africans which has been available for binary trading since 2015. This is a regulated broker who has a deposit of $250 and a minimum investment of only $1.

SpotOption software is used on their trading platform which provides traders with trade options like 60 Seconds, High/Low, Pairs and Long Term.

With BullBinary, South Africans can also use additional trading features like Sell Options, Rollover and Double Up which could further boost trading results.

Also, traders get to enjoy the perks of handy trading features like mobile trading app and demo account.