Trading binary options is a popular online investment industry in South Africa. This is the reason why we, on Binary Options South Africa, decided to explain in details deposit procedure for our South African readers.
It is perfectly clear how security and earnings go hand to hand in binary options trading process. Therefore, so many traders in South Africa are looking to find valuable information on how to deposit with best binary brokers in a safe and simple way.
This guide article will show you the list of best reviewed binary brokers in South Africa and how easy it is to deposit with them and use trading platform in the best profitable way.
Trade only with Top Binary Brokers
Here on our list of trusted binary brokers, South African traders can see a list of binary brokers who accept South Africans. These brokers were reviewed and established as trusted trading platforms.
Our top brokers offer excellent safe trading platforms with a variety of features and trading instruments as well as quality customer support. Also, it is important to mention that both deposit and withdrawal process are secure and transparent, which contributes to greater trust of traders.
- Binary.com – named as Best South African broker
- 24option – named as Best Safety
- IQ Option – own proprietary platform
How to Deposit with Best Binary Brokers in South Africa?
The initial step is to register on preferred trading platform. With trustworthy brokers, as ones mentioned above, registration is simple and done within few steps. Below, traders can take a closer look to how does deposit process look with the specific broker.
In the registration process, South Africans are asked to provide several information, needed for the creation of the trading account. This information include:
- First and last name
After that, the second step is to deposit preferred amount, based on available deposit methods. This depends on the broker and what deposit methods does he offer to South African traders. It is also possible to choose between different currencies. With most brokers, selected currency during deposit process has to remain the same as for withdrawals.
Binary.com is specialized for South African traders!
Chosen software that Binary.com uses is their own platform which is well-known on the global market. To start trading with this broker, the lowest deposit amount is $5. Minimum investment is also just $5, while maximum is $100 000.
The deposit level corresponds to all traders who are just starting to invest in binary options. It’s a nice feeling when you can test a broker with such a low deposit and at the same time test all the tools and features.
Besides demo account, which gives traders an opportunity to trade with 10.000$ virtual money, traders can choose to invest in different underlying assets, such as forex, commodities, OTC stocks, indices and volatility indices.
This broker accepts deposits done via credit cards, bank transfer and e-wallets.
How to Deposit with 24option?
24option is a respectful broker presented on South African market since 2010. This broker has build up a reputation of secure trusted platform, that offers a wide selection of useful tools for maximizing profit with binary options.
We have named 24option as Best Safety Broker! They are a regulated broker and so far we haven’t received reports of 24option scam activity.
24option accepts multiple payment methods, including debit and credit cards, bank wire and alternative payment methods. For more details regarding deposit methods, check our 24option review.
Under Banking tab, traders can easily track their funds for deposit or withdrawal.
If traders check Regulation page of 24option, they can see all regulatory authorities that gave approval to 24option broker to offer their service on global and South African market.
How to Deposit with IQ Option?
They try to ensure safe trading experience for all traders who join and use the platform and provided trading instruments and services.
South Africans can practice trading on IQ Option demo and also use mobile app to invest in binary options from anywhere. Regarding payments, minimum deposit with IQ Option is just $10, which is very attractive amount for traders.
It is possible to choose among debit/credit cards, bank wire transfer and alternative methods as e-wallets.