Binary Options Trading Comes to South Africa
January 5, 2015
Binary Options trading has taken the world by storm is now available to all South Africans. All you need to start trading is a reliable internet connection on your computer, iPad or Smartphone, a credit card and a free account at one of the world’s leading Binary Options platforms (see table below).
Millions of people have successfully established a second income by trading Binary Options online. Yes, you too can make instant profits within a matter of minutes. Affording that new set of golf clubs or big screen TV is now easier—and quicker—than ever before.
A quick guide to trading Binary Options
- Binary Options trading is perfectly legal for anyone in South Africa over the age of eighteen. Trading Binary Options you get the opportunity to predict what a price will do. There are only three possible outcomes. Either the price will go up or it will go down, or it will stay the same. If you predict right, you can make around 85% instant profit (depending on the platform you trade on). It’s as simple as that.
- Binary options follow the performance of real stock markets and real foreign exchange markets. But you don’t need a knowledge of these markets to trade Binary Options. All the information you need you can get on the platform you choose.
- The platform presents the return on your potentially successful trade in binary options when you make the call or put option As an example, imagine you invest $100 in currencies (like the Rand against the Dollar). You believe that the rand will go down in value against the dollar. Let’s say the potential payout is 85%. Your amount will be displayed as a $185 return if the price goes the way you predicted. If the Rand does indeed depreciate, then you have $185. That’s an 85% profit.
- If your prediction is wrong, you will not lose more than what you put down. In this case, you will only lose the $100.
More Guide Points
- If the price does not move at all, then you get your $100 back in full.
- Binary Options trading is not like conventional trading. You can set the price movement prediction at a few minutes or a few hours. One minute trading is highly popular because you can make quick profits in a short period. You have to predict what will happen to the price in the next 60 seconds. There’s no waiting period to see whether you prediction was right or not. You will know within a matter of seconds and profits will be allocated instantly.
- You can then release your profits into your bank or credit card account whenever you are ready. Or you could use your gains and make more Binary Options trades for a chance to build up your earnings pool. It’s an exciting way to make money.
- It is easy to check the rand/dollar exchange rate here: USD to ZAR
The perfect investment opportunity for you
Binary trading is an excellent opportunity to launch a second income for business people, retired individuals, or anyone with time in the day.
Imagine the thrill of watching your money pool get bigger and bigger as you make your Binary Options predictions. All that is needed is a stable internet connection, a laptop or computer, and a selection of a platform to trade on. These platforms are also compatible with mobile devices like iPads or Smartphones. Make your deposit with a credit card then start to sell and buy.
You do not have to have a lot of knowledge about the share market or currency trading to take part in Binary Options trading. You can get all the information on any given trade at the time trading takes place. This information includes
- the trade you have opted for
- how much you are investing in that commodity, currency or stock to go up or down
- and how much profit you stand to make if your prediction is correct
There is nothing more you need to know to make quick investment gains online.
A simple concept that is easy to understand
Binary options trading is simple to learn. In fact, the ten top platforms we present here have training sections for beginners. They will help you learn about this trading before you get started. Visit each one of these platforms and read reviews about them to see what others have said. You can also check out their available statistics to see which one you would prefer. Once you have made your first deposit (typically $150 to $250, which is about R1500 or R2500 depending on the exchange rate), you can activate a demo account so you can practise before placing money on your predictions.
A demo account shows you how simple and immediate Binary Options trading can be. Your dummy Binary Options account will have play money so that you can learn risk-free how to trade Binary Options. Once you see how exponentially your profit pool can grow, you’ll be eager to start trading for real. Try it now. We are eager for you to join us in this unusual method of trading.
Minimal risks – Maximum profits
The thing that attracts so many people to trading Binary Options is the low-risk factor. First of all, you have an excellent chance of making gains. Second, you get to choose how much you put down on an individual trade. Your can make a trade from as little as $20. This way, you are always in control.
Another low-risk factor is that the amounts you invest are relatively small. Should you lose on a trade, it will be an insignificant amount compared to the potential profits you can make. In binary options trading, it’s not a stressful process like conventional trading. For some quick profits you can make, the risk is relatively minimal compared to other forms of trading.
What’s even better is that you are constantly in the know about how much you will gain or lose. Profit margins are usually around 85% of the amount you’ve laid down (see table).
Where we fit in
We are official South African advertisers for Binary.com. We allow you to:
- weigh up your options
- study different platforms
- make an educated decision about joining Binary.com.
- sign up free at Binary.com and start free training
- start trading to earn good money
So there’s no reason not to give this a try before deciding. Open a free account, practice first, make your first deposit and start your journey to prosperity.
All info was correct at time of publishing