BinaryOnline Broker Review ¦ Binary Trading South Africa

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

BinaryOnline Broker Review

There are hundreds of brokers on binary options market in South Africa and each day, new binary brokers appear by offering trading platforms to trade binaries in an efficient way.

BinaryOnline is one of such brokers, who is present for all interested South African traders.

BinaryOnline is owned by the Zola Ltd, company located in Bulgaria, Europe.

To learn more about this binary options broker and what trading features does it offer to traders in South Africa, read further in our BinaryOnline broker review.

BinaryOnline General Info – South Africa

According to BinaryOnline broker review, they claim to offer a wide selection of trading tools and services, which should be sufficient enough to enable traders to achieve high profits on BinaryOnline trading platform.

To begin trading binaries with BinaryOnline, required minimum deposit is $250. Also, accepted currencies are: EUR, GBP and USD. Lowest investment is $25 while only for Hyper options, minimum investment is only $5.

This broker claims to offer max. returns up to 81%.

BinaryOnline Platform and Trading Features

This binary broker states how they are continuously working on delivery latest trading tools and innovative platform to interested traders in order to have a successful binary trading journey. Our BinaryOnline broker review shows how they use PandaTS software.

Platform looks very modern and traders can easily navigate over the site when in a search to find relevant information before trading binary options begins. This software is one of the popular ones in binary industry and an increasing number of brokers use it on their platforms.

What we found useful while reviewing BinaryOnline broker is that they offer a selection of trade options with detail explanation of each. They include: One Touch, HIgh/Low, Range Options, Hyper Trading, Copy and Social Trading.

Considering times of expiry, BinaryOnline covers a truly amazing list of expiry times, such as short term (30 s, 60 s, 2 min, 5 min, 15 min), medium term (30 min, 1 hr, end of day) and long term (end of week / year).

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

Our BinaryOnline broker review revealed how they offer more than 100 of different underlying assets, such as stocks, commodities, currencies and indices.

There aren’t too many binary brokers who offer Social Trading option such as BinaryOnline does. They support copy and social trading which is especially important to traders beginners since it enables them to have more successful trades. South African traders are able to follow successful pro traders and copy their good trades.

Another powerful trading instrument we discovered in BinaryOnline broker review is opportunity to experience mobile trading. In past few years, binary industry put focus on developing new ways how to attract people to join the platforms and by offering mobile platforms they achieved great success.

With BinaryOnline mobile app, traders in South Africa are able to experience a whole new level of trading binary options. It is an excellent choice for all those busy traders who want to have access to the trading platform on the go. With this app, South Africans can see how list of trading tools and features is exquisite, same as in desktop version.

BinaryOnline app is connected both with Apple and Android devices so traders are able to download the app from App Store and Google Play as well. Registered traders only have to provide their email and password when they try to login to the mobile app. BinaryOnline app is free and simple to use.

What we noticed also while reviewing this broker, is that BinaryOnline is connected with one of the leading binary auto trading software on the market; Binary Options Robot. This way, South African traders who prefer auto trading benefits are able to trade binary options with BinaryOnline broker.

BinaryOnline Account Types

Our BinaryOnline broker review showed us how traders are able to choose between three different trading accounts. Further, we’ll provide more details about a specific account type.

BinaryOnline Takeoff Account

  • Deposit $250 – $2499
  • 24/7 customer support
  • Promotional email alerts
  • Daily market news and updates
  • Access to winners corner and webinars

BinaryOnline Standard Account

  • Deposit $2500 – $9999
  • 24/7 customer support
  • Promotional email alerts
  • Daily market news and updates
  • Access to winners corner and webinars
  • Personal trading expert
  • Access to free signals for 2 weeks

BinaryOnline Premium Account

  • Deposit $10000 – $49999
  • 24/7 customer support
  • Promotional email alerts
  • Daily market news and updates
  • Access to winners corner and webinars
  • Personal trading expert
  • Access to free signals for 3 weeks
  • 10 risk free trades
  • Live trading with Professional
  • Higher profits

So far, we haven’t noticed demo account on BinaryOnline platform. Most traders prefer to try out the platform before they place a trade and make a deposit. It is pretty handy since inexperienced trades get an option to train first and later on, experience real trading in binary options.

However, BinaryOnline broker review revealed how registered traders are able to use Islamic account, intended for Muslim traders. With Islamic account, traders don’t have to pay any additional charges and yet have an option to trade binaries on this easy to use trading platform.

BinaryOnline Customer Support Service

For this BinaryOnline broker review, we noticed how they provide really good customer support, which is meaningful to all traders in South Africa interested to join this trading platform. Traders are able to contact this binary broker via: email [email protected] , live chat, phone (UK and Australia) and online contact form.

We tried out live chat option and were satisfied since support agent joined the chat shortly. We find customer service to be an important segment of trading binary options since very often, traders want to get an instant answer and that can be provided with a responsive BinaryOnline customer support service.

Education segment is considered as an important segment of binary trading and its importance is recognized by BinaryOnline broker. Under Winners Corner, traders in South Africa are able to find a truly excellent list of education guides and tutorials.

Winners Corner is divided into: ebook, binary options 101, binary options 201, knowledge base, binary insight, FAQ and market updates from financial markets.

These educational tools are greatly appreciated since they assist traders to improve their existing trading knowledge and go few steps further into learning more and becoming more successful trader in binary options trading.

While binary trading 101 and 201 provide more explanation of what binaries are and how to trade them, in Knowledge Area, traders are introduced to videos, signals, glossary and ebook in order to be well informed and see what are the latest market trends.

A selection of videos, economic calendar, calculators etc are available under Market Insight. Traders are able to know from where do market news come from and how to use that in binary trading process.

BinaryOnline Banking

According to BinaryOnline broker review, this brokerage company is operated by the Zola Ltd, 14 Tsar Osvoboditel Blvd in Sofia, Bulgaria.

They try to maintain high safety measures and conduct transparent online business. This can be seen under BinaryOnline tab, since they offer privacy policy, terms & conditions, KYC policy, AML policy and many more.

To make a deposit, traders need to invest $250 at least to begin trading. It is possible to deposit via debit (Visa) and credit cards (Mastercard), as well as bank wire transfer. From e-wallet representatives, only CashU is available.

As regards to withdrawals, traders in South Africa need to login to their trading account, go under My Account and click on Withdrawal tab. Several documents need to be sent to the broker first, for authorizing a trading account, such as:

  • proof of residence
  • copy of ID card
  • Copy of credit card used in binary trading
  • Investment testimony form

Depending on chosen trading account, estimated period of time for funds withdrawal is between 3 to 5 business days.

This broker unfortunately charges fees for all withdrawal options. Via credit cards fee is $25 and additional $10 processing fee (credit cards), for CashU it is $25 and via wire transfer even higher, $50. This is way higher than average amount in industry which we think it is pretty odd and unclear.

BinaryOnline Broker Review 2020

New and interesting binary options brokers keep appearing both on the South African market as well as global.

Among the newly available brokers, we also found BinaryOnline which we shall review for South African traders.

This broker is owned by a Bulgarian based company called Zola Ltd.

In our BinaryOnline broker review, South African traders will be able to learn more about this broker and the trading features and accounts it offers.

BinaryOnline General Info – South Africa

According to information available on their site, they provide varied trading services, features and tools which are to be used in order to obtain healthy profits while trading binaries with BinaryOnline.

The first thing we inspected for our BinaryOnline broker review was their minimum deposit requirements and we are happy to say that it is set at $250, an average sum in the binary options industry.

The minimum investment per trade is set at $25 while Hyper trade option allows traders to invest the minimum of $5.

South African traders may use USD, EUR and GBP as deposit currencies.

According to information available on their site, the maximum returns can go up to 81%

BinaryOnline Platform and Trading Features

The research we did for our BinaryOnline broker review also revealed they use Panda TS trading software which is among the most popular ones in the binary industry.

This provides a modern but effective platform which grants traders the access to plenty of interesting and potentially profitable trade options.

The trade options South Africans can choose from include: Range Options, High/Low, One Touch, Hyper, Social as well as Copy Trading.

With BinaryOnline traders also get a range of expiry times which cover short, medium and long term expiry times. For short term, traders can select 30 sec, 60 sec, 2 min, 5 min and 15 min.

For the medium term, traders may select 30 min, 1 h and End of Day while long term provides expiry times such as End of Week or End of Year.

This broker accepts fully traders from South Africa and is connected with Binary Options Robot. This automated software is free to use and offers South Africans possibility to accept or decline trading signals.

This broker provides the usual categories of underlying assets like stocks, commodities, currencies and indices as well as more than 100 variations of those underlying assets.

As we have already mentioned in our BinaryOnline broker review, this brokerage also provides copy and social trading which can be extremely useful for novice traders.

This enables them to follow professional traders and copy their trades.

Mobile trading is another trading instrument available with BinaryOnline. In providing the mobile trading app, this broker has tapped into the requirements of their traders, especially those with busy lifestyles.

In using the mobile trading app, traders have the opportunity to trade binary options on the go. South African traders interested in using this mobile app should know that it is the same as the desktop version.

The mobile app can be used effectively on iOS and Android devices, it is free for registered BinaryOnline traders and can be downloaded from Google Play or App Store.

Another interesting detail we found in the course of our BinaryOnline broker review is that they are connected to Binary Options Robot, one of the leading auto trading solutions on the market.

This provides yet another opportunity for South African traders as there is an increasing number of those who prefer automated binary trading.

Their platform is available in English and Turkish.

BinaryOnline Account Types

The majority of binary brokers today offer several different trading account types.

In our BinaryOnline broker review, we found that three different types of trading accounts are available to South African traders interested in this broker.

In addition to that, this broker also provides the Islamic Account for Muslim traders which is so designed as to respect the rules of Sharia Law.

It would seem that this broker does not offer a demo account as of yet.

BinaryOnline Takeoff Account

  • Minimum deposit from $250 – $2499
  • Customer support around the clock
  • Promotional email alerts
  • Daily market updates and news
  • Access to webinars and winners’ corner

BinaryOnline Standard Account

  • Minimum deposit from $2500 – $9999
  • Customer support around the clock
  • Promotional email alerts
  • Daily market news and updates
  • Access to webinars and winners’ corner
  • Personal trading expert available
  • A 2-week access to free signals

BinaryOnline Premium Account

  • Minimum deposit from $10000 – $49999
  • Customer support around the clock
  • Promotional email alerts
  • Daily market updates and news
  • Access to webinars and winners’ corner
  • Personal trading expert available
  • A 3-week access to free signals
  • Risk-free trades = 10 in total
  • Live trading with an expert
  • Higher profits

BinaryOnline Elite Trading Account

  • Minimum deposit from $50,000+
  • This account provides extraordinary packages to allow traders the highest possible quality of trading
  • For all other information concerning this account traders are instructed to contact BinaryOnline team

BinaryOnline Customer Support Service

Quality customer support service is an important part of any binary options broker and in our BinaryOnline broker review, we also inspected this segment.

We can say that they provide a well-organized and professional support as well as several means of communication.

Live chat is the fastest manner of communication, but traders can also use an email [email protected], phone numbers provided for Australia and UK as well as the web form.

The customer support service is available 24/7 and traders can contact them with any questions or issues they have.

We have also been pleasantly surprised when we realised just how many diverse and helpful educational materials this broker provides for their traders. In a sense, the entire platform is just filled with great information concerning binary options trading.

From a detailed FAQ section to Winners Corner which contains everything from eBook on binary options to updates from financial markets and other fantastic assortment of materials.

Traders can benefit greatly from browsing sections such as Binary options 101 and Binary options 201. There is also the Knowledge Area which contains videos, signal, eBook and glossary.

The economic calendar, calculators and videos can be found in Market Insight section.

BinaryOnline Banking

According to information available on their site, this broker strives to provide all the security measures necessary to provide protection of traders’ private and financial info.

To support that, South African traders are advised to inspect the BinaryOnline tab which contains info on Terms and Conditions, KYC policy, Privacy policy etc.

In accordance with the KYC policy, traders have to submit several documents such as proof of address, a copy of the photo ID, investment testimony form and a copy of the credit card used to make a deposit.

Deposit and withdrawal methods available with BinaryOnline are:

  • Credit/debit cards like MasterCard and Visa
  • Bank Wire Transfer

The withdrawal procedure is simple and all South African traders need to do is log into their account and under My Account select Withdrawals.

Depending on their withdrawal method and the selected account type, it might take from 3 – 5 business days for the process to be completed.

Traders should also be aware that the minimum withdrawal amount for bank wire is $250 with a $50 fee charged for every withdrawal.

For credit/debit cards the minimum withdrawal is set at $100 with a $25 fee charged for every withdrawal.

Binary Options Trading – South Africa

Welcome to Binary Options South Africa – portal for binary options trading and all information related to binary options industry.

Binary options trading is popular in South Africa and our priority is to provide you with the quality trading services and up to date reviews of the best binary options brokers reviewed by us in the industry.

We give our best in providing our readers the latest news on financial market, as well as popular binary strategies and list of guide articles.

New: In order to serve a wider audience, we have added a Forex and CFDs section – learn how to trade these instruments and choose the best forex broker of those we have reviewed!

If you are interested in trading underlying assets on financial market and you want to increase your chances for potential earnings, this is a website for best binary information on South African market.

Those interested in binary options trading can find on our site a variety of useful topics and list of reliable binary options brokers reviewed by us. B esides useful trading data and information, South African traders can check our Binary Robots section and know more on what is binary auto trading and how efficient can it be in the trading process.

Awarded brokers in South Africa

  • Broker
  • Min. Deposit
  • Min. Invest.
  • Regulated
  • Trade Now
  • Broker Review
  • Main focus of Binary Options South Africa is to provide our readers with the accurate and updated reviews of popular binary options brokers. We have reviewed all brokers from the very beginning to the final step; withdrawal process. Issues like customer support services, security of funds and simplicity are the most important elements in binary options process and if they are on the highest level, traders stand a chance of achieving success while trading binary options. Here on Binary Options South Africa, you can take a closer look on our Binary Guide and Binary News sections, where you can find a wide selection of articles and information that can be of great help during trading process.

    When visiting our Binary Robots section, you can know more on binary options auto trading and its importance in binary options industry. Auto trading software is considered to be a novelty in binary options trading and we believe that our South African investors will continue to be satisfied with provided information and latest updates on financial market.

    Binary Options Trading – Find the Best Binary Broker in South Africa

    Binary options are options with two possible outcomes; will the price of an underlying asset rise or will it fall. Trading binary options has fixed payout and expiry time. Back in 2008, when binary options industry appeared on financial market, it quickly gained popularity among many people worldwide, interested in this new type of online investment. Binary options trading is very attractive for people in South Africa, interested in binary options. We try to provide the best useful information that can help investors in South Africa to deposit with a particular broker and start their binary options trading journey on the best profitable way.

    Trading binary options has many advantages for South African traders. On our site, you can check the list of binary brokers and their reviews in accordance with information in them, regarding trading platfform, payment methods and available binary options features. Transparency and facility of binary options trading are among the most important elements in trading process. For this reason, it is crucial to provide you the accurate and up to date information on all things relevant to binary options industry.

    Binary options trading is completely legal and available to interested investors in South Africa. A variety of binary options brokers offer numerous trading instruments and services for investors worldwide. Information such as binary strategies and guides can be easily found on the top of our website. In our reviews on Binary Options South Africa, investors can choose an appealing trading platform and start their journey in binary options industry. With the use of multiple binary features, available on the site, we believe that our South African investors may enjoy in binary options trading experince. Check our list to see which brokers to avoid.

    *Amount to be credited to account for a successful trade.

    Best Binary Options Brokers 2020:
    • Binarium
      Binarium

      Top Binary Options Broker 2020!
      Best Choice For Beginners and Middle-Leveled Traders!
      Free Demo Account!
      Free Trading Education!
      Big Sign-Up Bonus!

    • Binomo
      Binomo

      Trustful Broker. Recommended Only For Experienced Traders!

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