Best Free Binary Signals South Africa – Binary Trading – South Africa

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

Online Trading South Africa

The Best Forex Brokers in South Africa

Online Trading in South Africa

The Forex market is not centralized, and therefore, it can be traded for 24 hours daily, from Monday to Friday. However, although it is possible to control risk by using stop loss orders, one can still lose more than expected if the conditions of the market such as liquidity and slippage change adversely.

How to Trade Forex in South Africa

Remember that in Forex trading, you can make money whether the market is going up or down. Thus, if your analysis shows that the market is going up, you can buy or go long. On the other hand, if you predict that the market will be going down, you sell the given pair or go short. However, you must be careful to ensure that you are risking only a small part of your equity in any given trade. Thus, you have to trade a lot size that is proportional to your equity and use stop loss orders in such a way that you do not risk more than 2% of your account on any given trade.

Binary Options South Africa

Although Binary Options trading is exciting to some people, it can seem extremely risky for others. Just like Forex trading, you will have to sign up with a Binary Options broker to get access to the markets. There are several reliable South African Binary Options brokers, but you can also choose the accredited international brokers. Then you will have to develop a strategy for analyzing the markets and making your trading decisions. You can learn how to do technical analysis, fundamental analysis, and even sentimental analysis from trading books and even the internet. All you need is a reliable way of predicting market movements accurately.

A Realistic Approach To Binary Options Trading In South Africa

There is a lot of discussion going on about Binary Options as a means of getting additional income in South Africa and as a result, Binary Options trading is getting more and more popular. Several times, it has been portrayed as a solution to all your financial needs with the possibility of making tangible sums of money in minutes, but in reality, is this the case? Let’s explore the real aspects of Binary Options trading and all there is to know.

What is Binary Option

A binary option is a financial derivative in which the investor forecasts the price direction of an underlying asset such as stocks, commodities, indices, currencies and even events. If the forecast is correct, the investor earns a fixed sum of money. If not, the amount he loses is also fixed. Basically, a trader/investor would have to foresee if there would be a rise of fall in the value of the underlying asset within a certain time frame and make predictions accordingly.

Popularity and Regulation of Binary Options Trading in South Africa

Binary options trading is becoming increasingly popular in South with a growing number of people getting involved. There has equally been a comparative increase in the number of brokers offering this option of trading.

The activities of Binary Options brokers fall under the regulations of Financial Services Board (FSB) which is the governmental entity that monitors organizations that are in the field of financial services with the aim of ensuring that consumers’ rights are protected.

Key Things You Should Know About Binary Options Trading

As with any other type of trading, there are key things you should know about binary options before starting to trade:

  1. Binary Options Work With Stocks, Currencies, Commodities And A Lot Of Other Assets

Binary options are considered a financial derivative. What this means is that each trade has an underlying asset in the form of stocks, commodities, currencies etc. However, you are trading on the price movements associated with these instruments and not on the instruments itselves.

  1. You Can Know your Profit/Loss Beforehand

Unlike the regular day trading, in Binary Options trading, you get to know your profit or loss before you make a trade

  1. Strike time, Strike Price and Expiry Time Are the Key Components you Should Familiarize yourself with

A strike time is basically the time at which a trade was placed and the amount placed is the strike price while the expiration time is the moment when the binary option expires.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

Let’s say the trader chooses an instrument like Microsoft stock and the binary option has an expiry time of 2 hours then, he predicts if the stock would have dropped or increased in value at the end of the 2 hour period and If the stock goes in the predicted direction, the investor earns a profit and if it goes against the direction of prediction, a loss is recorded.

  1. You Can Only Lose Up to Your Initial Investment

There are no margins or additional losses in binary options trading. Thus, you know how much money you will be risking before committing to a trade.

  1. Don’t Overlook Risk Management

In any type of financial trade, risk management should always be taken into consideration. The rule of thumb in terms of risk management is to not invest more than 2% of your total capital on any single trade. That being said, if you have $500 to invest, don’t invest more than $10 on a trade. This will ensure that you will have enough trades to recover in case of an early loss.

  1. Binary Options Isn’t a Get-Rich-Quick Scheme

Unlike what you may have heard from many dubious brokers, you won’t get rich overnight with binary options. There is a learning process to binary options and it could take some time to master it depending on your commitment.

Why Research is Very Important in Binary Options Trading

A good trader needs to understand the risks and the rewards involved in these often-misunderstood instruments. To achieve a level of success, a certain amount of analysis (both fundamental and technical analyses) should be done especially with respect to how trending news in the company, industry, country or region might affect the price of the asset. This helps the potential investor to predict with some level of certainty, the foreseeable price direction of the financial instrument of interest.

Importance of Selecting a Reliable Broker

Many binary option “brokers” have had history of questionable operations, data and price manipulations, promising unrealistic results, refused or stalled withdrawals. In such scenarios, there is no real brokerage in its sense rather, the customer is unwittingly trading against the broker. To advise traders against such unethical behaviour, services of platforms like binaryoptions.org.za which review and recommend brokers based on various standards of measurements are usually helpful.

Here are six steps to take when choosing a reliable broker:

  1. Capitalization and Trajectory

It is better to choose a broker that has a rather large capitalization. The amount of capitalization almost always attests as to the reliability of the broker. This is because capitalization shows a solid business with good capital and ability to offset risks. Also, ensure the broker has its share of experience in the field.

The more assets offered, the more trading opportunities you will have to diversify your risk.

  1. Check Out Terms and Conditions

Also, read the terms and conditions of your binary options broker. This is especially true for brokers that offer bonuses. These bonuses many have many restrictions. This way, you can choose the one broker that favours you the most.

As with any other service, you want to be sure you get help when you need it.

A payout that ranges between 75% to 90% in this industry. The higher the payout, the higher your profits

Binary Options can be a good way to generate additional income if research and analysis is done well but as with any other type of business activity, it is important to prepare oneself beforehand before engaging in it.

The activities of financial service providers in South Africa are regulated by the Financial Services Board (FSB). Ensure that any broker of your choice is regulated and has valid FSB licence and registration number, this way, you are guaranteed an acceptable level of safe trading and transparent deposit and withdrawal process.

South Africa forex brokers

Forex and binary options brokers are flocking to South Africa. One of the reasons is that the country’s economy is rapidly growing, and the demand for financial services is high among the population. Another reason is probably the rising regulatory pressure upon forex (and especially binary options) brokers in Europe, urging them to seek new markets to expand.

Indeed, there is huge market potential for forex and related services in South Africa. It is the most economically developed country in Africa and is the only country from the continent that is part of the G20. Its financial, legal, and communications sectors are well-developed. What is more, the south African JSE Limited is the largest stock exchange in Africa and among the top 20 in the world.

The Financial Services Board (FSB) oversees the non-banking financial services industry, which includes collective investment schemes (unit trusts and stock market) and financial advisors and brokers, among others. It is in charge of the licensing process of financial service providers, it is responsible for ensuring that the regulated entities comply with the relevant legislation as well as the capital adequacy requirements to promote financial soundness of these entities and thereby protecting the investing community.
Moreover, the FSB has enforcement powers to deal with breaches through the enforcement committee, and also runs a customer complaints service, the Office of the Ombud for Financial Services Providers.

With both forex and binary options trading allowed and well-regulated by the FSB and with relatively few limitations, such as the investment limit of R5 million, South Africa is truly an attractive and promising destination for financial services providers.

Below is a list of forex brokers regulated in South Africa.
XM is in process of obtaining a regulatory approval.

South Africa forex brokers

Broker Regulation Min.deposit Leverage Platforms Review
CySec, FCA, FSC $10 1:1000 MT4, MT5, Web Review Website
FCA, ASIC, FSCA $50 1:400 MT4, Trading
Station,
NinjaTrader
Review Website
FCA, CySEC, DFSA, FSB $100 1:500 MT4, MT5, FxPro
Markets,
cTrader
Review Website
CySec, FCA, FSCA, DFSA $5 1:1000 MT4, MT5, Web Review Website
FSA, FCA, ASIC $10 000 1:100 Web, SaxoTrader Review
FCA, CySEC, ASIC $100 1:200 Web, Mobile Review
ASIC, Central Bank of Ireland, ADGM $100 1:400 (1:30 for EU clients) MT4, MT5,
AvaTrader
Review
CySEC $100 1:400 Xtrader Pro Review
CySEC, FSB $100 1:200 Sirix Web,
Mobile
Review
FSB $1000 1:100 Alfa Trader Review
CySEC $50 1:100 in-house mobile
app
Review
FSB R3 500 1:500 MT4 Review
FSB R5 000 1:100 MT4, CloudTrade Review
FSCA Not specified 1:500 MT4, Web Review
FSB R5 000 1:500 MT4, Web Review
FSB N/A 1:75 Protrader Review
FSB Khwezi Trade 1:200 MT4 Review
pending FSCA $100 1:100 MT4 Review
FSCA $100 1:200 `web Review

FBS wins ‘Best Copy Trading Application Global-2020’ award

The prestigious “Best Copy Trade Application 2020 Global” award went to FSB for their innovative CopyTrade platform. Read more

Plus500 sets up new subsidiary, gets South African Authorized FSP license

Plus500, one of the major global forex and CFD brokerages has obtained an Authorized Financial Service Provider (FSP) license from South Africa’s Financial Services Board (FSB) through its newly created subsidiary Plus500SA Pty Ltd., the company said. Read more

Plus500 sets up new subsidiary, gets South African Authorized FSP license

Plus500, one of the major global forex and CFD brokerages has obtained an Authorized Financial Service Provider (FSP) license from South Africa’s Financial Services Board (FSB) through its newly created subsidiary Plus500SA Pty Ltd., the company said. Read more

South Africa’s FSB blacklists binary options broker Stockpair

South Africa’s financial services provider and markets regulator, the Financial Services Board (FSB) has issued a warning against the binary options broker Stockpair. According to FSB, the broker is operating the site Stockpair. Read more

South Africa’s FSB blacklists binary options broker Stockpair

South Africa’s financial services provider and markets regulator, the Financial Services Board (FSB) has issued a warning against the binary options broker Stockpair. According to FSB, the broker is operating the site Stockpair. Read more

Free Options Signals

by Independent Binary Options Signals Provider

Free binary options trading signals will automatically appear on the page when the system sends it. You will also hear a sound when a new signal comes. Thus all you need to get the signals – be online. You don’t need to refresh the page. The system will do it. In average you can get 120+ signals a day here.

By default, the service sends signals in GMT/UTC or GMT+0 timezone. You can change the timezone to your local timezone in the system settings menu.

The service (binary options robot) sends signals using short Support/Resistance levels. We strongly advise you to filter signals with additional indicators or longer SR levels.

So what does each signal show? In simple words each our signal gives a prediction and tells you that possibly at the end of a 15-minute candle which will close at “close time” the asset “X” will have the price “higher or lower” than “trade price”. If that prediction was correct, the system marks the signal as won. We hope that this information will help you save time on market analysis. Please note that the way you use the information is entirely up to you.

In addition to that, we provide a few tools that can help you improve your performance. For each asset, you can set the price difference between our prices and your broker prices and apply a trade price threshold. Pay your attention that using the price threshold will influence on the results!

The automatic binary options robot system can not work well every day. During unfortunate market conditions, the service might send many losses. Do not use the service at that time: come back later or use another service.

Do not like to be online on the website? Get the same binary options signals and signals from other services directly in your Telegram Messenger. Buy the delivery of the binary options signals in Telegram.

The translation was done by machine. There may be discrepancies. Saw a mistake? Want to help us? Have more questions about our services? Contact us.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

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Binary Options Trading For Beginners
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