Since binary options trading is a rising industry in South Africa, it is our job to provide South African traders and objective and detailed information how to trade binaries successfully.
Also, it is crucial to connect with a binary broker who offers trading platform that suits traders’ preferences the most.
We recommend trading with regulated binary options brokers, such as IQ Option South Africa
Our binary guide is about deposit methods with best regulated brokers in South Africa which offer secure trading platforms for safe and profitable binary trading journey.
Why is Binary Trading with Regulated Brokers a Good Choice?
In binary options, safety is one of the most important segments of the trading process. To introduce our readers with valuable info how to deposit in a secure way and from where to start, read further our Deposit methods with best regulated brokers in South Africa guide.
Lately, regulation status is becoming more significant than ever before since more brokers are deciding to reach global masses with a regulated platform, which shows how a particular broker is serious and definitely not a scam.
In terms of trading binary options with a regulated broker, South African traders can experience safe binary trading journey where they don’t need to worry about how to deposit or withdraw money and will they’ll be scammed while doing so. An additional benefit that some of the brokers provide is access to binary signal providers, usually for free.
From where to start in terms of depositing?
The first step is to register on a particular platform or log in if traders are already registered. With brokers mentioned in this guide, registration is straightforward, which is important to all traders, pro traders and especially beginners.
For registration process to be successfully completed, South Africans need to provide few information, including first and last name, email address, password, preferred currency and country.
Afterwards, traders are required to make a deposit from available deposit options, which can be seen in each our broker review as an important information for interested traders. Brokers offer traders option to choose between different currencies, as well as ability to deposit via cards, wire transfer or e-wallet providers.
24option Regulated Broker – Deposit Methods
As a trustworthy broker who operates on binary market since 2010, 24option is one of the pioneers in this industry. To traders in South Africa and worldwide, 24option is known to offer secure and yet simple platform to trade binary options on due the fact traders have on disposal a selection of trading instruments and features to use.
Minimum required deposit amount is $250. With 24option broker, South Africans can deposit via several ways, such as debit and credit cards ( Visa, Visa Electron, Dankort, JCB, Diners Club, Cartasi, Liberty Reserve, Discover Card and Laser), bank wire transfer and e-wallets (Skrill and Neteller). On 24option platform, traders can easily monitor payments and past trades.
How to Deposit with Banc de Binary South Africa?
Alongside with 24option, Banc de Binary is one of the leaders in binary options trading and a first broker with CySec regulatory licence 188/13. Trading with Banc de Binary is safe and easy, which is especially significant to traders novice in South Africa.
To be able to deposit, traders need to be logged into their trading account and should enter preferred deposit option and an amount to deposit it. Once traders receive confirmation, they will be able to see their balance on trading account.
Minimum deposit to begin trading is $250. Other available account types are Silver ($2500+) and Gold account ($5000+). Accepted deposit methods with Banc de Binary broker are: credit and debit cards, bank wire and ewallets (Skrill, QIWI, WebMoney, CashU…).
Deposit Methods on IQ Option Proprietary Platform
IQ Option broker is very popular among many traders in South Africa thanks to many advantages which awaits South Africans to invest in different assets and maximize profit.
As a regulated binary broker (CySec licence 247/14), IQ Option introduces South African traders with their own proprietary platform and a selection of assets to trade with, demo account, mobile app and many others.
One exquisite note to all South African traders is how deposit is just $10, which is affordable amount to many people in South Africa. Beside Real account, it is possible to deposit $3000 and use a VIP account with more benefits included.
Accepted deposit methods on IQ Option platform are: debit / credit cards (Maestro, Visa and Mastercard), wire transfer and e-wallets (QIWI, Skrill, FasaPay, Neteller, CashU and Boleto.)
What are Binary Deposit Methods with BDSwiss Broker?
BDSwiss also belongs to category of reliable binary brokers with regulated status on South African market. This broker is licensed under reg.no. 199/13. To traders in South Africa, BDSwiss offers trading with binary options and CFDs.
Lowest deposit to begin trading is set to $250, while returns go up to 85%. On SpotOption platform, South Africans can use a variety of features, such as Rollover and Double Up, as well as mobile app for traders on the go.
With BDSwiss broker, South Africans are able to deposit via Maestro debit card, bank wire and e-wallet providers (PaySafe Card, GiroPay, Ukash and Sofort).
AnyOption – Deposit Methods in Binary Options
AnyOption is one of the most reputable brokers for South African traders. This broker obtains two licences, one CySec (187/12) and second one FSB licence (regulatory authority in South Africa; FSP 42020).
To begin trading binary options with AnyOption regulated broker, required deposit is $250. So far we had chance to review them, there are several deposit methods available on AnyOption trading platform. These deposit methods include payment through cards (Visa, Maestro and Mastercard), bank transfer and ewallets (Skrill Moneybookers).
Banking with AnyOption is simple and straighforward where traders don’t need to worry will they have issues regarding depositing or withdrawing funds. To be able to deposit, South Africans first need to log in to their trading account and click on My Account tab to see available deposit methods.
We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!
Between 74-89 % of retail investor accounts lose money when trading CFDs