Binary.com is now Deriv
With deposit of only $5, Binary.com South Africa presents itself as a popular broker on South African binary market!
Binary.com has a longstanding reputation of being a trustworthy binary broker of global market. Below in our Binary.com broker review, we will provide detailed information about this trading platform and what features can traders across the globe use to get the most from this brokerage company.
Binary.com is owned by Binary Investments Ltd and originally emerged in 1999.
Further in Binary.com broker review our readers will be introduced to different trading features and instruments which can be used in the trading process. Also, they can find out more about how to register, use different tools and make payments with Binary.com broker.
Binary.com Review South Africa
We learnt in Binary.com broker review South Africa that used software is their own, which means how Binary.com South Africa offers traders a custom-made software, with a selection of features to use. One of these features is usage of binary robot. It is possible to trade with different assets, such as commodities, stocks, currencies and indices.
This broker is regulated by Malta Gaming Authority (MGA licence MGA/CL2/118/2000).
Minimum required deposit is just $5, while minimum investment is also $5. Maximum investment is $100 000 and bonus of $150. Payout can reach even 100%.
This broker offers an amazing list of trade options, which should be sufficient to all traders, beginners and professionals. Available trade options are: 60 Seconds, Boundary, High/Low, One Touch, Long Term and Touch Options.
Together with these options, traders can select a preferred time of expiry, such as trading with expiry of 15 s, 30 s, 60 s, 2 min, 5 min, 15 min, 30 min, 1 hr, 24 hr, 24 hr+, end of day, end of week, end of month, 30 days and 150 days.
Our Binary.com broker review revealed how traders beginners can benefit from trading on Binary.com platform. This broker provides option to use demo account and practice trading first. Demo is great way to train and learn all tricks of how to perform the best in binary trading in risk free environment. Instead real funds, traders invest virtual funds on $10,000 free Binary.com demo.
Also, our Binary.com broker review showed us how recently they installed mobile application to their registered traders in South Africa. This app is user-friendly and consists of many useful tools and features, just as desktop version.
This Binary.com mobile app is a great for all busy South African traders who want to trade binary options by using their tablets or mobile phones. Their app can be found both in App Store and Google Play.
Traders across the world who join this platform would be happy to know how they can use a variety of education materials from Education Centre. They can use a set of webinars, FAQ, guides on different topics, which can be useful for both traders beginners and pro traders.
Binary com Broker Review South Africa
This broker has one of the best support service to traders, which is by far one of the main reasons why people from South Africa join this trading platform. Traders can reach Binary.com broker through [email protected], phone and live chat as the fast communication option. Phone number is available for following countries: Japan, Malta, Malaysia and Isle of Man.
In Binary.com broker review South Africa, we tried live chat and were satisfied with the way how support agent answered our questions. Also, we learned how Binary.com supports GameCare organisation, which helps traders who have issues regarding quantity of their trading.
This platform is available on numerous languages, which is excellent for traders worldwide who aren’t fluent in English and want to have other language options. Available languages are: English, Spanish, Russian, French, Polish, German, Portuguese, Italian, Indonesian, Arabic, Chinese and Vietnamese.
Registration on Binary.com platform is free of charge and also very simple. This broker ensures traders a trading platform where traders don’t have to worry about depositing and withdrawing. Minimum deposit is really low, just $5 which is more than attractive amount to join Binary.com broker.
Under Banking option, when traders click Cashier button they can choose a payment method and upgrade their account from demo to a real trading account.
Accepted payment options are via credit cards (Visa and Mastercard), UnionPay, Western Union and bank wire. As an alternative payment method, traders can choose between a selection of e-wallets (Skrill, Yandex.Money, Neteller, OK Pay, Perfect Money, Moneta.ru, QIWI, WebMoney and PaySafe Card).
Funds withdrawal is the fastest via e-wallets and credit cards and usually it takes up to 2 business days, while for bank wire transfer it can be up to 5 business days. For withdrawals through bank transfer, fee of $25 will be charged.