If you are trading binary options using forex pairs then the best time to trade is when there is an overlap of the London & New York sessions. This is around 9 am to 12 pm South African The trading starts on Sunday evening (South African time) and lasts until pm on Friday when the North American session closes. Each of the cities mentioned above has specific 12/07/ · admin · July 12, Monday through Friday, 24 hours a day, 5 days a week, South Africans can trade the international currency markets online. On a Sunday evening in Here are our top picks for the best binary options brokers in South Africa: 1. IQ Option Established in and is known for its excellent services worldwide. IQ Option offers one of Digital Options allow you to trade on the extent of the price change, rather than just on the general price direction. If the price of the traded asset reaches the price selected by you ... read more
From the volatility aspect in options trading South Africa, the higher the volatility, the more significant the option price because the uncertainty increases the possibilities of a higher outcome. Since options prices can be modelled, it makes them less risky compared to other assets, thus making it easy to understand and evaluate. Options trading primary risks revolve around the uncertainty of the market and the levels of volatility.
There are common mistakes that even seasoned traders make in options trading. One of the most common ones is holding on to their call or put options until expiry.
Exercise the contract immediately when the underlying stock goes up to reap the profits. Another most common options trading mistake especially for beginners is not having a good exit plan for your option or thinking that a cheaper premium is better.
Options trading South Africa can open a door of opportunities if used correctly but the risks should not be underestimated. When choosing a binary options broker, you need to consider needs as an investor. Do you need a binary options broker that has excellent educational resources about binary trading South Africa? Are you a beginner?
Are you a small or big investor? Here are some useful binary options tips that give you further insights into choosing a broker. During the global crisis, financial markets have seen unprecedented changes in the market volatility and the brokerage industry, thus impacting all investors, including those in South Africa.
In turn, we have become more committed than ever to provide unbiased and expert reviews of best binary brokers in South Africa for investors of all markets and all levels. Here are our top picks for the best binary options brokers in South Africa:. Established in and is known for its excellent services worldwide.
IQ Option goes on to give its traders well-structured learning resources, i. e video tutorials, demo accounts, and ebooks. Its website is simply designed and user friendly, making it enjoyable to use. You will receive a monthly trading analysis to help you maximize your earnings. Make sure to read our full IQ Option South Africa review and find out why IQ Option is at the very top of our best binary brokers in South Africa list.
com has had an outstanding record of being a trustworthy binary broker globally. They also have a well designed mobile app intended to give users a great experience.
Successful traders in South Africa have unlimited access to education resources designed to turn a novice investor into an expert. Read more about this great binary trading company in our Binary.
com South Africa review. Founded in , and has received various forerunner awards. They have a system of status for its customers; starter, advanced and expert providing traders with flexible trading conditions. Traders in South Africa are allowed to trade more than 80 assets from stock indices, cryptocurrencies, commodities, popular currency pairs and they are always expanding the list of assets.
OlympTrade platform has a user-friendly interface and very easy to navigate. How and why did we list them 3 of our best binary brokers in South Africa list, find out in our Olymp Trade Review South Africa. Despite being in the market for a while, Deriv. com has strived to maintain its name among the top broker list by consistently keeping up with the market and doing what its competitors are doing. The biggest advantage Deriv has over its competitors is its long history which has seen them continually rebranding and upgrading its services, making it a frontrunner in the market.
They are not only reliable but trustworthy as well. Just like its competitors, Deriv offers a wide range of trading options in South Africa, such as commodities, CFD Spreads, cryptocurrency assets, and forex and binary options. Traders are offered three accounts when they sign up; opt DTrader, DBot, and SmartTrader. Explore the various options revealed in our detailed Deriv. com Review South Africa.
Their support is readily available to answer your questions and respond to your queries promptly, in over 15 languages. Aside from over different commodities offered in their trading platform, read our 24option Review South Africa and find out what other outstanding features you can expect from this binary options broker. Ayrex also offers free binary signals. Their customer support team is also very helpful as well.
Read all about this great binary trading company in our Ayrex Review. There are several software companies which design and sell binary trading platforms South Africa to binary options brokers. Many brokers will lack the personnel or resources to create their own, proprietary platforms and will instead turn to those software providers.
These brokers will prefer to receive and customize an already developed automated trading software South Africa , which will save time and allow them to focus entirely on the service they provide.
Currently, there are several software companies which offer white-labelled products and the three most popular ones are SpotOption, Tradologic and Tech Financials. Other white-label platforms are the MarketsPulse, OSystems, KeyStone, ParagonEX and PandaTS platforms and many more, differing from one another in the number of assets offered and the count of distinctive trading feature each has to offer.
On the other hand, proprietary platforms are trading platforms which are designed by the respective brokers themselves. Developing their own trading software or a binary robot, allows these brokers to add unique features, such as options types which are not available on the white-label platforms. Proprietary binary trading platforms also offer a wider range of expiry settings compared to white-labels. One of the most popular proprietary binary trading platforms is the one developed by Binary.
One of the best binary trading platforms is definitely the proprietary software offered by IQ Option. When we talk about binary options brokers and trading in general, there is always some kind of a risk involved. However, with binary options trading, this risk can be minimized if you can investigate more and know more about brokers on which you have deposited.
That is why we inform traders, especially beginners before they start to trade with a specific broker. We believe that our reviews are objective and we want to provide all information about the trading platform, payments, FAQ, trading strategies and rules, withdrawal terms and customer support.
Therefore, traders are supported to read our broker reviews, where they can find all information about trading with robots and different brokers. We are working hard to bring traders all the information and guidelines to the best brokers platforms and trading software that you can find on the internet.
So go ahead and enjoy in our broker reviews and we wish you all the best with the time you will spend in financial trading markets! Nevertheless, this opens South Africans up to a wide range of brokers worldwide, to entrust their trading with. Each binary trading company South Africa, as well as the entire financial market, is controlled and observed by the FBS, Financial Services Board.
If you are looking for a regulated binary trading company South Africa, consider reading our CMTrading Review South Africa. This broker is operated by Blackstone Marketing Proprietary Limited which holds the South African FSB license Disclaimer: This website is independent of of all forex, crypto and binary brokers featured on it.
Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed. The website does not provide investment services or personal recommendations to clients to trade any financial instrument. Information on binarytrading. za should not be seen as a recommendation to trade CFDs or cryptocurrencies or to be considered as investment advice.
za is not licensed nor authorised to provide advice on investing and related matters. The potential client should not engage in any investment directly or indirectly in financial instruments unless s he knows and fully understands the risks involved for each of the financial instruments promoted in the website. Potential clients without sufficient knowledge should seek individual advice from an authorized source.
In accordance with FTC guidelines, binarytrading. za has financial relationships with some of the products and services mention on this website, and binarytrading.
za may be compensated if consumers choose to click these links in our content and ultimately sign up for them. CFDs and cryptocurrency trading entails significant risks and there is a chance that potential clients lose all of their invested money. Important notice for US traders: Not all brokers and offers are regulated in the United States of America.
za does not recommend any forex, crypto and binary brokers or exchanges to US traders besides NADEX, which is licensed by CFTC. Every trader is obligated to check the legal status in their respective jurisdiction on their own.
Toggle navigation. Binary Trading South Africa South Africa is one of the fastest-growing binary trading market economies in Africa. Binary Options Brokers List Daily, thousand of traders wants to get all important information about binary options brokers.
We have compiled some of the best trading practices that can help improve your binary trading experience and help make your binary options activities successful, so these are not limited to beginners at binary trading South Africa: Be disciplined. Have a plan and stick to it. Know when to stop. Do not be a greedy binary options trader.
Invest what you can afford to lose. Do comprehensive market research on your trading asset so that you minimize losses. Safety is crucial. Do your research before registering an account with a binary options broker. Investigate the security factor to avoid falling into the hands of scammers like many South Africans have. Diversify your Trades.
As the saying goes, do not put your eggs in one basket, diversifying your trades is very crucial as you do not have the same risk exposure. South African traders who diversify their trades have a higher chance of trading binary options successfully. Reversal strategies are used when the market is overcrowded by sellers or buyers the price of an asset is very high or low. Reversal strategies often make a profit in situations where the chart is near strong support and resistance levels.
Common reversal strategies are:. Long-term strategies are the most accurate and realistic strategies for binary options, as they are less susceptible to market noise temporary minor price fluctuations. Long term strategies include:. Short-term strategies are for turbo options with expiration from 60 seconds to 5 minutes.
To use these strategies, you need a lot of experience. Short-term involves a high degree of risk and high-profit due to a large number of transactions.
Popular short term strategies are:. This is another group of binary trading strategies that involve high-risk. Drain strategies work similarly to a casino. The idea is to generate profits one time for every losing trades. As the name suggests, drain strategies can drain your funds in no time. A robust binary options strategy should not consist of indicators alone.
To start earning stably, you must remember the following factors:. Combined with any of the strategies mentioned above, these factors can bring large profits in binary options trading. We gave a detailed review of the types of trading strategies in the previous section.
The main idea of this strategy is to double your capital in 60 seconds. To implement this strategy, you need two indictors; MA and MACD.
To make sure that we have a trend, and not just normal market noise, we move the chart away and see how long this trend continued. Next, we impose MA 9 to track the trend.
If the trend is growing, the chart should be above the MA line, i. If the trend falls, the chart should be below the MA line, i. We will catch a specific point at the intersection of the MACD. You can look at the histogram and wait until it crosses the 0 marks. We prefer to bet on the intersection of the baseline with the signal line. Thus, we find the optimal entry point and comply with all the rules of trend trading. This is a simple yet effective trading strategy.
The Trinity system is based on three indicators: RSI, MA, MACD. It is considered a proven binary options trading strategy. If you are a fan of trend trading, the trinity is your best bet. The parameters for indicators are:. No doubt, the trinity system is a binary options trading strategy that works best. But we recommend you to try this strategy on the demo account.
When you look at the financial market and you have plans to participate and trade binary options, then it requires from traders to have enough trading knowledge to know how to use specific strategies when trading with a chosen trade option, short term or long term.
Traders can choose among many trading strategies, ranging from those that are mostly used by traders beginners or those that require certain trading skills and are intended for experienced traders. In the industry of binary options, strategies are considered to be in the topmost important elements of binary options trading.
With well-chosen strategies, it is possible to maximize profit and achieve success, whether we are talking about short terms strategies or other types, offered on various trading platforms.
We always advise our readers to evaluate many trading strategies and understand them in order to benefit from them in the trading process. As binary options have become popular, many South Africans want to ride the train. They are looking for ways to find the perfect strategy. We already mentioned some of the best trading strategies. As we all know, knowledge is power. For any South African searching for a strategy, they have to learn how binary trading works.
You have to know about technical analysis, understand the reasons for price movements, and read charts. Without this, binary options trading becomes a casino. The choice of a reliable broker is like getting closer to your perfect strategy. To select the best brokerage firm, look for.
You can find all relevant details in our Olymp Trade Review South Africa and Deriv. com Review South Africa. This is one of the most important factors that every South African need to consider. Money management is how you can avoid losses. If you apply risk management in each transaction, 6 out of 10 transactions will be enough to bring a stable profit.
To apply strategies, you have to master trading charts. Most brokers provide demo accounts for free. After that, all you need to do is find the necessary indicators and try out a few strategies. When buying a CALL option if the price goes up or PUT the price goes down , your decision must be based on trading signals.
Such signals can provide a trading strategy. Remember, there is no need to search the Internet for complex systems and pay a lot of money for them, as a rule, the simpler the strategy, the better it works.
If the currency pair or other assets is in trend, the strategies, based on a combination of moving averages, are perfect. During the flat the price is in horizontal movement , you can use the well-known indicator Bollinger Bands with standard settings. As a South African, you need to remember these points if you want to find profitable binary strategies.
Technical analysis is often used in the binary options industry primarily because it is based on financial charts. A key element of successful trading with a focus on technical analysis is having more knowledge regarding binary trading signals. If traders wish to achieve high returns, they should be able to identify the market trend and stay on the right track. Trading on technical strategy can be awarding for traders in South Africa if it is used properly.
A lot of traders depend upon the technical analysis. This is the analysis of the asset prices in order to find out about the future movement of the market. It is not something very easy, but if you are capable to do that, then you will be able to guess better. Your prediction will translate into better earning and more money. There are a few types of technical analysis available for the help of the traders and you are about to discover about them.
Trend following is the type of technical analysis where the historical trend is followed to find out about the trend of the market. It is thought that if the historical movement if the market can be read properly, understanding the present market will become a lot easier. Your prediction will have more depth and more confidence.
Momentum in technical analysis is also known as the moving average convergence divergence. Under this method, the price of the asset is determined by the parent of its rising and falling within a certain time period.
It can be a long time or a short time. Both the ways, you will have an average reading of the market which will help you to guess about the price movement better. Mean reversion is the type of technical analysis where the mean of assets rather the price of an asset is identified. If you are having problem in understanding then a little explanation will make things simpler. The price of an asset is rising and falling all the time, so there is a need to find out the mean and if the price is going to settle down by that point.
This one will help you to f ind out a strong point based on which you can anticipate better. Pattern recognition is the type of technical analysis which will help you to recognize a pattern among the current trend. If a pattern can be identified, then it will become easier for the trader to make his prediction better and take more risks. Besides technical analysis, fundamental analysis is also considered to be very significant in binary options trading.
It works on the principle that it evaluates all important factors that can influence the price, both internal and external. Those factors include data, ranging from company information to the big global market events. Some events affect asset price more intensely than with some other underlying assets. For traders, it can be difficult to monitor and follow all the time all relevant market news in real-time.
However, it is recommended for traders to choose an asset and focus on one and use specific trading strategies to achieve success while trading binary options. A lot of underlying assets, such as corn, wheat, soya, oil etc can be at large extent exposed to market changes, influenced by different natural events, such as floods, earthquakes, hurricanes and other disasters.
It will result in supply shortage and therefore, the price of wheat will be higher than before the flood. It is pure supply and demand. Some natural events is easier to predict while others are more difficult which can finally result with big market trends and instability of a particular asset.
Environmental disasters can have a large impact on a wide range of assets and change the current trend without having time to prepare yourself for the upcoming events. When you participate in the financial market, politics can largely influence the price directions of a particular asset. These political events can include war or a sudden change that happened.
Changes in governments of some countries can also influence in price movement of a certain asset; stock, currency, commodity or index. All these elements have to be taken into consideration before placing a trade because the market situation can happen at any moment and traders should be aware of that fact.
This is why traders should read market news and try to predict will a particular asset be more or less affected on the financial market. Besides natural and economic events, the release of different economic data can also influence the price movement of a particular underlying asset. Different data, released from companies and governments have a wide range of importance levels for traders in the binary options industry. In a situation like this, traders in South Africa mostly use the economic calendar to keep on track all relevant economic and financial data , that are being used in the trading process.
A good quality economic calendar will provide traders with a complete review of the economic data release. Most significant data include GDP, unemployment and interest rate.
GDP stands for Gross Domestic Product and it is known as a key indicator of economic health. GDP measures the total value of goods and services on a national level. As one of the key indicators of fundamental analysis in binary options trading, unemployment can show exactly how good or bad and economy can be.
It only requires to monitor unemployment rates to get the bigger picture of a particular economy. For example, economies who have low unemployment rate are doing very well, but their companies can face a crisis and stop hiring people. This is seen as a poor sign for this one economy. Once again, the economic calendar can be of great help and will provide you with the latest information on important market events.
This is especially useful for traders beginners who can use the economic calendar to turn their trading process in profitable binary options trading that can assist traders to maximize profit when trading binary options. Fundamental analysis can be of great assistance during the trading process. Trade with an award-winning broker like IQ Option.
Disclaimer: This website is independent of of all forex, crypto and binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed.
Some of them are unknown, while others have been tested by many successful binary traders in South Africa and have been profitable. But the question is how to find the most effective binary options strategy? In any financial market, many experts follow the principle of predicting the direction of price changes with the minimum amount of risks.
They create their own unique trading system, applying one or more simplified approach. Combining them, and using several trading tools, they get a universal strategy that brings good profit. To determine the direction of the market, professional traders in their systems use a wide range of elements of technical and fundamental analysis. Binary options traders sometimes have to sort out a dozen strategies to find their own.
In this search, they look for several criteria. The strategy should correspond to the trader; it must be convenient, understandable, and give a good income.
Many traders recognize five minutes of fortune as a simple, convenient, and effective strategy. Before applying, the trader must find an asset whose price is steadily moving in one direction, no matter up or down. Having found an asset, a trader needs to acquire a suitable binary option and wait for the end of trading.
The Five Minutes of Fortune trading strategy can be reused multiple times during the day. This is one example of a binary options strategy. If you are just starting, its best to use a trading strategy that ensures the diversification of capital, as it increases the safety of the funds and the probability of winning.
The most active trading strategies follow the principle of taking risks, but in less quantity. Trading is done 24 hours a day, five days a week.
As you know, the Earth is round, and this allows financial institutions on different continents to trade around the clock. Thus, when traders in Australia go to bed, traders in Europe wake up. This is why many traders say that the market never sleeps. There are four trading sessions:. Many traders get confused that you can only trade forex binary options pairs at a certain time. It is worth mentioning that when considering time, we should also ponder on volatility. Volatility is the change in price per unit time.
It has three types:. It is a time when the market is not suitable for trading. There is a conflict between buying and selling, and the market is in a downtrend. Low volatility is observed in the Pacific 11 pm to 8 am South African time and Asian 1 am to 10 am sessions. This is because the market does not have large volumes of money. Even though Chinese and Japanese markets are open in the Asian session, normal volatility begins to appear closer to the European session 9 am to 6 pm.
This is a time when the markets are neither going up nor down. They are in a balanced state. Such volatility appears during the trading sessions of Asia and Europe and Europe and America 2 pm to 11 pm because markets of different continents are open at the same time.
High volatility occurs when important economic events and news about crises, wars, sanctions releases. Trading at such moments is not recommended, because the market behaves unpredictably and impulsively. Besides volatility, South African traders need to understand the concept of days of the week. Mondays and Fridays are not considered the best days for trading, as there is a chance of high volatility. So, Tuesdays, Wednesdays, and Thursdays are good options for South African traders.
But we can advise to avoid low volatility, monitor the charts, and keep up with the news. We mentioned the Five Minutes of Fortune trading strategy earlier. It is a good strategy for all levels of traders. But many people are inquisitive about finding binary trading strategies for beginners.
The simple approaches are the most effective. When used correctly, these indicators give a high percentage of correct and free binary trading signals for binary options and be excellent filters for each other. The strategy is suitable for all timeframes. Naturally, the older we take the timeframe, the more accurate the result. Spring is a reversal trading strategy, which means you have to go against the trend to get profits.
For reversal binary trading South Africa strategies, it is important to choose the correct parameters of the indicators. Many people recommend the default settings for the indicators, but for Spring reversal, you need to change its settings to filter out the false signals.
The higher the time frame you choose, the more accurate signals for binary options you will receive. If you are familiar with trading charts, applying these strategies will be a walk in the park.
Binary options trading is all about profits. Each trader tries to enter the market to find profitable trades. But often, traders went into this fantasy world of profits. For profits, you need a solid binary options trading strategy. As we already mentioned in the previous section, strategies for beginners. Trending strategies are applied when there is a trend in the market chart rises and falls for a long time.
They are the most profitable and least risky. The most common trend strategies are:. Reversal strategies are used when the market is overcrowded by sellers or buyers the price of an asset is very high or low. Reversal strategies often make a profit in situations where the chart is near strong support and resistance levels.
Common reversal strategies are:. Long-term strategies are the most accurate and realistic strategies for binary options, as they are less susceptible to market noise temporary minor price fluctuations. Long term strategies include:. Short-term strategies are for turbo options with expiration from 60 seconds to 5 minutes. To use these strategies, you need a lot of experience. Short-term involves a high degree of risk and high-profit due to a large number of transactions.
Popular short term strategies are:. This is another group of binary trading strategies that involve high-risk. Drain strategies work similarly to a casino. The idea is to generate profits one time for every losing trades.
As the name suggests, drain strategies can drain your funds in no time. A robust binary options strategy should not consist of indicators alone. To start earning stably, you must remember the following factors:. Combined with any of the strategies mentioned above, these factors can bring large profits in binary options trading. We gave a detailed review of the types of trading strategies in the previous section. The main idea of this strategy is to double your capital in 60 seconds.
To implement this strategy, you need two indictors; MA and MACD. To make sure that we have a trend, and not just normal market noise, we move the chart away and see how long this trend continued.
Next, we impose MA 9 to track the trend. If the trend is growing, the chart should be above the MA line, i. If the trend falls, the chart should be below the MA line, i. We will catch a specific point at the intersection of the MACD. You can look at the histogram and wait until it crosses the 0 marks. We prefer to bet on the intersection of the baseline with the signal line. Thus, we find the optimal entry point and comply with all the rules of trend trading.
This is a simple yet effective trading strategy. The Trinity system is based on three indicators: RSI, MA, MACD. It is considered a proven binary options trading strategy. If you are a fan of trend trading, the trinity is your best bet. The parameters for indicators are:. No doubt, the trinity system is a binary options trading strategy that works best.
But we recommend you to try this strategy on the demo account. When you look at the financial market and you have plans to participate and trade binary options, then it requires from traders to have enough trading knowledge to know how to use specific strategies when trading with a chosen trade option, short term or long term.
Traders can choose among many trading strategies, ranging from those that are mostly used by traders beginners or those that require certain trading skills and are intended for experienced traders. In the industry of binary options, strategies are considered to be in the topmost important elements of binary options trading. With well-chosen strategies, it is possible to maximize profit and achieve success, whether we are talking about short terms strategies or other types, offered on various trading platforms.
We always advise our readers to evaluate many trading strategies and understand them in order to benefit from them in the trading process. As binary options have become popular, many South Africans want to ride the train.
Here are our top picks for the best binary options brokers in South Africa: 1. IQ Option Established in and is known for its excellent services worldwide. IQ Option offers one of If you are trading binary options using forex pairs then the best time to trade is when there is an overlap of the London & New York sessions. This is around 9 am to 12 pm South African Digital Options allow you to trade on the extent of the price change, rather than just on the general price direction. If the price of the traded asset reaches the price selected by you 12/07/ · admin · July 12, Monday through Friday, 24 hours a day, 5 days a week, South Africans can trade the international currency markets online. On a Sunday evening in 27/05/ · Binary options offer flexible expiry time. For day trading, the best way is to work on charts from 1 minute to 15 minutes. Then the best expiration times are from 5 minutes to say 26/06/ · As a South African trader, the best time to trade is when major market sessions overlap. This is generally between and During these hours South Africans can ... read more
Your prediction will translate into better earning and more money. Thus, when traders in Australia go to bed, traders in Europe wake up. If you are a fan of trend trading, the trinity is your best bet. Set your primary budget. Our platform allows the use of bank cards days , e-wallets days and wire transfers days for depositing and withdrawing funds. za has financial relationships with some of the products and services mention on this website, and binarytrading.
At what time the forex market opens? Unlike the call options, the higher the strike price, the best time to trade binary in south africa intrinsic value the put option has. There are many free alternatives. On Sundays, there is a limited volume and the trading is not very profitable. com Despite being in the market for a while, Deriv. GDP stands for Gross Domestic Product and it is known as a key indicator of economic health. Sydney market starts at 11 PM and ends early in the morning at 7 AM, while the Asian Tokyo market is active between 1 AM and 9 AM.