Best Binary Option Robots for South African Traders
Binary options trading is quite a profitable business the world over and many investors have been making high returns in this fast-growing financial sector in the past decade. The binary options industry made a splash in 2008 when it was officially introduced into the financial market. It has since then become an integral part of online trade for both novice and professional investors. Due to the intricacies involved in this business, some may imagine it is a difficult concept to understand how to trade or even be successful at it but like with any other field, it’s a learning process.
It simply takes prospective traders a certain amount of effort to learn so they can improve and hone their trading skills to a much better sheen. For traders residing in South Africa, there are a range of many reliable brokerage houses present in industry that they can choose from. These brokers offer a wide array of trading features and resources which include trading guides, tutorials, e-books and webinars among many others.
In South Africa, trading binary options comes with a raft of advantages. Chief among them is the fact that there is little human factor involved considering most of the trading is done automatically. This allows traders to minimize their risk levels since the software employed by binary robots is more efficient in detecting minute price movements as well as predicting and following the current market trends. As such, it becomes easy to trade a varied selection underlying assets with minimal risks.
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Binary Robots have been developed to follow and mimic current market trends while at the same time, using embedded algorithms to notice the slight changes prevalent in trading positions regarding the highest grossing trending assets. They use financial tools and software analytics so they are able to achieve precise calculations before they can execute trades. Thanks in great part to the latest technological advances; investors within South African are able to trade on various trading platforms offered by binary options robots.
In a nutshell, robots can be defined as auto-trading software algorithms that execute trades on behalf of online traders. This auto-trading platform in turn requires users to set their own preferences which the robots employ to place trades on a wide variety of commodities, assets, indices, currencies and more. Traders are thus able to invest in the financial market using these auto-traders and all this is achieved with minimum effort that results in winning investments.
Many South African investors are active participants in this versatile scene with many of them seeking to maximize their profits. And because there lies great promise in technology, the industry is slowly becoming an even more exciting field thanks to the advanced features being developed every day.
Binary options robots are an exceptional platform and most traders in South Africa prefer using them. Many are those who prefer not to be involved in the trading process itself either because they don’t want to spend too much time trading or they have hectic schedules which won’t allow them time to participate. The confluence between both types of traders is that they are all after investing in the industry for a chance to achieve high returns.
binary option robot results
Appearance of Binary Options Robots in South Africa
The South African market has experienced a revamped financial sector and being one of the fastest growing economies in Africa, the rainbow nation embraced the binary options industry in the early part of this century. At the onset of binary options trading platforms, there wasn’t an official regulator to cover the safety of traders or provide brokers with licenses. But that didn’t stop the industry from becoming more and more famous as time went by.
However, many of the local brokers held official licenses which allowed them to operate since most traders dealt with brokers that were located offshore. These brokers were mostly firms domiciled in other countries but which accepted South Africa-based traders. In the intervening years, the trading landscape has grown and expanded fast for trading platforms in South Africa and currently, there are licensed and regulated brokers.
The FSB [Financial Services Board] is the authority charged with regulating the South African binary options market. FSB supervises the regulation of Africa’s largest stock exchange market; Johannesburg Stock Exchange. Many traders thus adjust their trading strategies to reflect the processes going on in this stock exchange. However, the main job of the FSB is securing the work of one of its agencies, the Financial Advisory and Intermediary Services [FAIS]. This is the agency that essentially is in charge of the binary option trading industry in South Africa. FAIS is tasked with securing financial service providers through a number of departments, and each department has a particular field of operation;
- Registration of South African brokers
- Supervising the entire binary options trading field
- Compliances by binary option traders
- Assisting binary options websites to become competent global brokers
There are many reliable trading platforms that are allowed to operate in the exciting South African market, with many of them also having a presence in the global market. Among these are the Binary Option Robot, the Option Robot and the Binary Hedge Fund. In this review, we’ll be looking at how each has impacted the South African market.
Trading binary options has slowly gained traction in South Africa in the past few years, with more and more traders joining this lucrative online industry with a goal to maximize their profits. As technology continues to witness remarkable advances, the South African market has embraced binary auto-trading platforms which have proved to be an entirely new concept in trading owing to the many exceptional features they are comprised of.
The Binary Option Robot is one such auto-trader which works through deploying automated software to place binary options trades. Traders use this remarkable software platform to execute trading instructions which they have pre-programmed with clear instructions dependent on a range of variables like time, price, market volatility, etc. The best thing about this software is that it’s totally free and traders won’t need to perform any downloads since it operates straight from servers hosted in the cloud.
To use this robot, traders only need to program their preferences and the auto-trader will go to work regardless of whether traders are online or not. This is made more popular by the fact that it has been specifically designed to give even novice traders an opportunity to make profits by giving them trading analysis and commands which are both controlled through software algorithms.
binary option robot dashboard looks this, easy to use
Partners with Binary Option Robot
For those traders new to investing in binary options, the Binary Option Robot offers a host of reliable and regulated brokers to help on their journey of trading a wide range of underlying assets. It’s simply upon traders to select a regulated broker of their choice that is licensed to operate in their country of residence. If you are a South African trader, below are a few of the licensed brokers available on the Binary Option Robot platform;
- Banc de Binary
- Cherry Trade
- Porter Finance
For optimum best results, you may sign up for an account with two or more of the above brokerage firms as it will make your trading experience even more profitable. The auto-trading binary option robot is an automated system that you can install and launched directly a simple way. It then follows signals that have been developed by financial experts and professional traders. In order to ensure you get the best winning results, the robot only selects indicators that are provided by reliable signal service providers.
The binary option robot packs a host of notable features that make for quite an exciting trading experience. Traders in South Africa are able to rely on a diverse offering of trading options that allow them to select those which most fit their unique needs. Remember too that you’re allowed to use more than one broker in your investments if you want to increase your success rate. The binary option robot comes with a variety of default settings as well as other options you can use to protect your investments. The features below are among those on offer;
- You have access to the “Stop Loss Option Daily” feature which allows you to restrict investment spending.
- You can set a certain amount per trade depending on your investment capital or level of experience.
- This auto robot also allows you to reverse your trade should it appear to be headed in the opposite direction of your initial prediction.
- This auto robot is able to work on Smartphones, Tablets and Personal Computer and it can operate on mobile devices supported by Windows, Linux, iOS and Androids operating systems.
- Another special feature of the Binary Option Robot is you are allowed to select as may assets as possible if you want to increase your chances of winning trades.
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Another auto-trading platform is available for South African traders and it promises rich profit amounts. The Option Robot is on offer to traders who would want to trade binary options but lack the time to check the price movement of the underlying assets they have their eyes on. This Option Robot is an automated software facility that will save your time and will place trades on your behalf according to the preferences you set. Automated software is among the advanced techniques used in binary options trading that is considered as one of the easiest and most convenient solution in the industry today.
Because this auto-trader operates from servers hosted in the cloud, it is able to relate to and follow the instructions given by any user. By using the binary options market’s technical patterns and price pointers, it then creates accurate signals that work towards assisting your investment portfolio while also greatly reducing the risks that are attendant to this financial facility. It’s by using the Options Robot that traders in South Africa have been able to invest in a variety of assets, commodities, indices and currencies without having to be afraid of potential losses. The Option Robot will guide you in making the right investment decisions while at the same time, give you the opportunity of achieving great success in your trading journey.
How the Option Robot Works
The Option Robot is especially nifty for beginner traders as it offers them valuable tools that help invest in global assets even in their absence. Such tools include the ability it offers to traders so they can set their trading options and time limit, loss amounts as well as the number of trades to be executed per day. The Option Robot deploys auto-trading software to analyze price movement then place the trades that end culminate in the highest possible return rates.
An exceptional facet of this auto-trading software system is that it’s one of the best results oriented and advanced trading systems that is available in the market today, not only for traders in South Africa but in the global scene too. This automated robot employs sophisticated algorithms to locate market trends such as the behavior of financial assets, minor market fluctuations and other significant events that are common in binary options trading.
Using these parameters, it closes in on patterns which are likely to be repeated then executes trades according to preset conditions. The Option Robot identifies trending assets then informs you on which to invest in. By using mathematical algorithms, an inbuilt software system, it is able to generate signals which it applies in detecting and executing high frequency transactions. In a nutshell, the Option Robot offers you;
- Access to a single interface and variety of online brokers
- Access to binary options signals every time a great investment opportunity arises
- The ability to execute the trades on your behalf
option robot main page
The Option Robot packs a host of special features that will make your trading experience all the more exciting in South Africa. These features have been designed to offer traders a seamless platform that makes trading binary options online to be quite the simple,
fun and profitable pursuit. To start you off, the platform will allow you;
- To set your trading preferences as well as customize the platform’s settings. This means that you are essentially in complete control of the entire trading process.
- To set the assets to trade, daily investment amount limit and daily maximum loss amount among many other parameters.
- Access to the “Risk Level Control” facility which allows you to select a risk level that is suitable to your investment amount. This feature will also let you control the assets you want to trade, daily investment amount and loss amount level among other aspects.
- Access to the “Reverse Trading” facility which allows you to place trades in contrast to the generated trading signals. If you find that the generated signals will most likely end in the red, you’re able to reverse the trade to prevent losses. This also allows you to make profits by placing trades that are contrary to the generated signals.
In addition to the special features, South African traders have a choice of technical indicators that serve to improve the overall Option Robot platform. You can choose to rely on a single technical indicator, or you can choose two or more indicators as your sources of trading signals. The six indicators are:
- RSI [Relative Strength Index]
- MACD [Moving Average Convergence Divergence]
- CCI [Commodity Channel Index]
You can adjust any of these technical indicators in your settings tab either individually or collectively. If you want to employ multiple indicators at the same time, you must make sure that each mirrors the other in order for the Option Robot to generate trading signals.
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Update: Binary Hedge Fund no longer accepting new customers
Trading binary options in the Rainbow Nation has continued to progress remarkably well in the past decade. The major reason for this is because the last few years have witnessed a greater penetration of global markets by South African traders. Investors in South Africa, like in the rest of the world, want to increase their profits too through trading in this fast-growing financial industry. As such, they are searching online reviews regarding binary robots, binary options brokers, auto-trading signals and classic binary options platforms in order to have an edge when trading.
To be a successful trader, you need to have analysis-based on technical strategies if you’re to understand the minimal movement of the market’s trending assets. And this is where the Binary Hedge Fund comes to take on the technical aspect so any trader can invest without worrying about mathematical formulae of technical analytics. The Binary Hedge Fund is based on specific investment drivers which serve to offer exceptional trading experience to South African investors.
Hedge funds were hardly ever regulated or even available to the public in the not too distant past. In South Africa, many traders had not heard of them until they peaked on the global level. At present, the Binary Hedge Fund is available to every trader the world over. Like what happens with traditional hedge funds, the Binary Hedge Fund has been developed as a trading vehicle for traders who seek to take risks in the binary options field. However, these traders’ capital funds are typically handled by professional investors. One of the major advantages of this facility is that it’s a web application that gives you access to specific professional trading rooms to place your trades in.
How the Binary Hedge Fund Works
The name “Hedge” refers to a financial instrument that’s totally independent of current market situation and its future growth. As such, a hedge fund is a financial facility which pursues absolute profit returns without regard to the prevalent economic conditions. Traders use hedge funds to invest in shares as well as various asset classes like assets, commodities, currency pairs, etc., as well as various other derivative risk management instruments to maximize their return on investment.
In Binary Hedge Fund platform, a variety of technical tools are offered to traders. These tools have been designed with the sole intention of assisting you access maximum returns from your invested funds. They combine with the best financial market traders who are selected to place trades on behalf of traders using result-oriented strategies to guarantee rich payouts. In short, the best traders in the South African market share their investment knowledge with you so you can have the best experience trading binary option online. The Binary Hedge Fund is essentially an auto-trading software robot that functions in much the same way as the Binary Option Robot detailed above.
binary hedge fund main page
Advantages of the Binary Hedge Fund
Investing in hedge funds for the ordinary citizen in South Africa is virtually impossible due to strict regulations. But since the Binary Hedge Fund is essentially not a fund but automated software, the same limitations attached to hedge funds aren’t applied. You are thus able to access all its advantages free of charge and without risking millions of Rands. Among the many advantages of the Binary Hedge Fund are;
- It works independently
- It only places trades via the most reliable, trusted brokers
- It gives you access to the most popular trading assets in the market
- It gives you access to signals from trading experts so you make high profits
- It is designed to make profit without regard to prevailing market conditions
- It allows you access to a professional trading platform that would otherwise cost hundreds or thousands of Rands
Partners of the Binary Hedge Fund
The most amazing factor with Binary Hedge Fund is the fact that its fund managers are experienced economists, renowned investors and finance experts. While binary options own the initiative in this direction, the hedge fund has essentially become the de facto leading mover. The success of Binary Hedge Fund is due to the fact that it works with some of the best binary options brokers in the market. These brokers’ trading platforms include;
- Bloombex Options
Notable Features of Binary Hedge Fund
There are various special features that the Binary Hedge Fund boasts of. Most of them have been designed to make the trading experience not only easy to muster but also to make it more convenient for South African traders from all walks of life. Among these are;
- You can choose the total number of trades to place per day as well as the daily loss amount you are comfortable with.
- You are able to monitor your trades via the “Trading History” facility. This facility gives you a full account overview of assets traded and trading results among other specifics.
- You are able to check signal types versus their success ratio via the “Signals” facility that displays all the signals generated.
- Expert traders have access to a special feature that allows them to select the maturity of their individual portfolios.
Since its introduction, the Binary Hedge Fund has become quite popular with binary options traders and it’s easy to discern why. Together with the features detailed above, it has gained the trust of South African investors who are continually turning to this exceptional trading platform that allows them access to professionals support while they invest on a wide range of global assets. And by working side by side with influential brokerage houses, the Binary Hedge Fund can afford to assure traders that this is clearly an auto-trading platform that’s on its way to marking a leading position in the coming years.
Basic Concept of Binary Option Robots
Many binary options investors domiciled in the Rainbow Nation traders know that this financial instrument is completely legal. In addition, traders should know that most of the brokers who are licensed to operate in the country are mostly based in the United States and Europe. But this is a big advantage since most investors know that signing up with offshore brokers afford them a bigger piece of the binary options pie, especially for brokers regulated in Europe as they give traders access to the entire European Union trading block. There are various types of brokers, just as there are various types of trading platforms that South African traders have access to.
Because each of the trading binary robot platforms above comes with its own pros and cons, it is up to the traders to choose the one that will suit their preference best. When using the signals provided or their auto-trading robots, ensure they fit not only your investment expectations but your strategic goals as well. In addition, make sure that the broker you eventually sign up with is both reliable and trustworthy. Read up on each of your prospective brokers in order to make the choice that fits you best. As a prospective investor in South African, you must understand the different offers given by various binary options brokers.
The registration procedure is made quite easy and simple so you can sign up for an account and deposit funds. Because different brokers offer different registration rules, feel free to select the broker who suits your needs the best. In addition, each broker available on the binary option robot has minimum initial deposit amount as well as a minimum investment amount so selects the one who suits your needs.
You might also want to consider the minimum withdrawal and bonus amounts each is offering before deciding on the broker you will finally sign up with. Many South African traders who are new to binary options will more often than not choose a broker who offers a demo account so they can get experience through trading using virtual money as opposed to placing real money trades.
Customer Service Support
The binary option robots reviewed here typically offer users a Live Chat option. Should South African traders have any questions regarding the trading platform or process, they can get comprehensive information from the customer service support team via Live Chat, Email or Phone Number. In addition, users are provided with articles which detail the inner workings of these auto-trading robots, plus excellent FAQ section which host various answers about the entire trading process in simple language.
Because not every binary options broker is the best fit for your trading needs, it then becomes vital to be smart about it before you sign up for a trading account. Below are a few factors you should consider when looking for the best broker to register with in South Africa;
- Ensure your broker of choice comes highly recommended by any of three auto-trading robots reviewed above. Make sure the broker isn’t a fraud and has good reviews online.
- Ensure your broker of choice will provide you with a range of tools that will teach you about trading binary options. Such tools include tutorials, technical guides, e-books, etc. A demo account is certainly the icing on the cake for it will enable you to place trades using virtual money thus giving you much needed experience.
- If you’re looking to conduct binary options trading via auto-trading robots or by following signals, ensure your choice of robot has the requisite reputation in the market before you commit your trading capital to their platforms.
The binary options trading industry in South Africa has been growing in leaps and bound in the past few years and from the look of things, South Africa is well positioned to be the prime trading hub for online traders. Binary robots in turn are quickly gaining a reputation as among the best trading tools South Africans can rely on for increasing their investment returns. The Binary Option Robot, the Option Robot and the Binary Hedge Fund have proved to be some of the greatest tools investors can have access to.
South African citizens who have been searching for the best binary options robots, binary options brokers as well as trading signals need look no further. It’s in this knowledge that we have compiled this review so we can make it easier for the residents of South Africans, and any trader wanting to access the binary options industry via the Rainbow Nation, to access all the information they need to know concerning this exceptional financial facility. Now you are ready to choose the robot as well as the broker who suits you best so you can begin trading.
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