Best Binary Options Brokers In South Africa

What are Binary Options Brokers?

Brokers sell binary options at a fixed price (e.g., R100) and offer some fixed percentage return in case of in-the-money settlement.

Some brokers, also offer a sort of out-of-money reward to a losing customer.

Best Binary Options Brokers In South Africa

AvaTrade Review.

HFM Review.

FBS Review.

Tickmill Review.

Exness Review.

BDSwiss Review.

IC Markets Review.

FP Markets Review.

How do binary options brokers make money in South Africa?

Most binary options brokers make their money when you lose yours. The commission is also a common form of payment for binary brokers

especially if the trading is not happening on an exchange but between two individuals. Legitimate, regulated brokers mark up the asset price on the platform.

How does a binary options broker work?

Unlike other types of options, a binary option does not give the holder the right to buy or sell the specified asset.

When the binary option expires, the option holder receives either a pre-determined amount of cash or nothing at all.

How much money do you need to trade binary options?

The majority of binary options companies will allow you to sign up on their site and start trading with as little as $250 to invest.