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Top Binary Options, Forex and Crypto Auto Trading Robots
Auto trading robots are famous for being the best and easiest way to trade. They have become the perfect solution for complete beginners. Through their sophisticated algorithms, they scan any market movement for you and deliver your trades directly. This means fast and immediate results, with no special training needed.
Check out our list below of the top auto trading robots for South African investors. The best part is that all of them are completely free and require absolutely no downloads or installations.
- Free Signals
- Trade Now
- Robot Review
Usually, traders in South Africa review binary, forex or cryptocurrency strategies and place trades themselves according to market news. In this way, they try and assess any market changes or fluctuations and act accordingly.
Nowadays, thanks to the development of technology, South African traders no longer have to do the research themselves, but can use binary, forex or cryptocurrency auto trading robots.
What are Auto Trading Robots?
Auto trading robots are basically automated software that automatically places trades on the user’s behalf. This, of course, requires South African traders to set up their preferences that auto trading robots will later use when trading with numerous underlying assets.
With auto trading, traders can participate in the financial market with only a minimum investment and achieve success. It’s no wonder why auto trading has grown so popular among investors worldwide, as well as traders in South Africa.
How Do Auto Trading Robots Work?
Auto trading robots are divided into three categories:
- Binary Options Robots
- Forex Robots
- Cryptocurrency Robots
Of course, software exists (like the ones above) that combines forex and cryptocurrency, for example, into one auto trading robot.
For new traders, auto trading software like binary robots can present a valuable and useful tool which makes trading direct and easy. All you need to do is:
- Set your preferred amount to invest in
- Choose the number of trades each day, trade options and time limit
- Choose whether to accept or decline a signal
How do these programs really work though?
Basically, automated software analyzes price movement and gives indications, known as signals, of whether pairs of instruments will move up or down in the market. They are highly advanced and result-oriented trading robots that are available for worldwide binary options, forex and cryptocurrency traders.
Let’s take binary option robots for example.
Top Binary Options Broker 2020!
Best For Beginners!
Free Trading Education!
Free Demo Account!
Get Your Sign-Up Bonus Now:
Only For Experienced Traders.
Note: We will be using binary option robots as examples to illustrate how auto trading works. The same applies for forex and cryptocurrency robots.
Binary Robots are automatically set to follow current market trends and see if there are any changes regarding trading assets. These robots use financial graphs and other financial tools and market analysis in order to be as precise as possible when making trades.
Binary options auto trading in South Africa has many advantages and one of the main reasons for its massive popularity is the fact that there is no human factor, since it is all done automatically by the machine.
The most significant fact with auto trading robots is the fact that they use binary signals when placing trades.
What are binary signals and how do they work?
Binary signals are alerts, received from experienced traders with years spent in the binary options industry. When received, these signals are sent to automatic software which then places trades in specific underlying assets. The importance of binary signals lies in the fact that they all work in real time, so the robot can use them effectively.
This is where auto trading comes into the picture with great possibility to achieve all of the above. Binary options trading itself isn’t difficult, but the truth is it does require a certain degree of financial knowledge.
Below you can find detailed information about features of the most popular binary robots in the industry.
Does Auto Trading Software Really Make You Profit?
It is important to note here that all trading entails some risk and no promises of profit can really be made. Your best bet is with the best automated software out there – which in our opinion is FX-Advisor. They offer YOU the choice of broker and provide world-class automated signals. Trading has never been easier.
Is Binary Auto Trading Less Risky Than Trading on My Own?
With auto trading solutions, the risk level is instantly minimized because the software is more efficient in price movement predictions and following current market trends. It becomes possible to trade with a variety of underlying assets, from stocks and currencies, to commodities and indices.
Are South African Binary Robots a Time Saver?
Binary robots are a huge time saver. For South African traders who want to participate in the financial market but cannot find the time to keep checking the movement of all assets, these automated systems are the perfect solution. In fact, among several advanced techniques for binary options trading, automated software is considered to be the most convenient and easy to use solution.
What Trading Features Should I Use with Binary Robots?
Before trading with any auto trading robot, make sure to set your own limits:
- Adjust the risk level
- Set the amount you are not willing to cross in losses
This is a very important step, because if you start trading with the default settings and for some reason the robot’s predictions are wrong, you could lose a lot of money.
Do Binary Robots Connect Me to the Best Binary Options Brokers?
The way automated trading robots work is that they connect you to brokers you can use their software through. Are these brokers really the best choice though?
Many binary robots automatically connect you to a single broker they are working with and give you no choice in the matter, when in reality you should be able to choose which broker you prefer to use the software with.
Check out our list on the top of the page of the most reliable auto trading software for users in South Africa.
Our top choice is always FX-Advisor, which gives you the choice to trade with the broker you prefer. They have many brokers available for users in South Africa, so the choice is ultimately up to you.
Either way, we took the time to find the best auto trading robots out there to make this list for you, so whichever you prefer, we confidently stand behind.
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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How to Make Money with Binary Option Robot
Top Binary Option Robots in Russia
Claim your free binary option robot, get started with three easy steps:
- Name of Robot
- Min. Investment
- Min. Deposit
1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.
2. The Binary Option Robot Will Predict the Price Movement
Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.
3. Decide on how much you want to Invest
Then you need to decide how much you want to invest in the commodity and when that investment will expire.
4. Collect your Earnings
Finally, you collect your earnings (the good part!)
Get a binary option robot for free by clicking on the button below and learn how you can make money while you sleep!
Introduction to Binary Option Robots
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.
Binary Option Robot
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.
binary option robot for mac
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.
option robot strategies
Binary Hedge Fund
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.
Choosing a Broker
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.
Get a binary option robot for free by clicking on the button below and learn how you can make money while you sleep!
Binary Options Trading – The Best Binary Brokers, Robots and Signals in South Africa
Best Online Trading Brokers
Binary Options South Africa
Best Binary Options Robots – South Africa
The goal we have set up is simple – to put together only those robots and binary brokers in the binary options industry which offer unique and effective trading features.
We are creating a place where South African traders can get informed and stay informed about trading solutions on the market which provide satisfactory trading experience.
Here, South Africans can learn what they need to know when they start looking for binary brokers or robots.
Find out about interesting trading features, handy apps and distinctive settings which stand out from the rest.
Our site has a mission to review binary brokers and robots for traders in South Africa and allow them insight into the exciting world of binary options trading.
Secure Trading with Nothing but the South African Brokers and Robots Reviewed by Us
As one of the fastest growing trading markets in the world, South Africa has virtually hundreds of various brokers, automated binary robots and signal providers to offer to interested traders.
One would think such a wide choice would make the selection easier.
Yet, it is not quite so.
The first step toward success in binary options trading, be in with binary brokers or robots, is to know what to look for.
After all, what South African traders opt for in terms of trading software or broker can mean the difference between a plush bank account or an empty one.
What are Binary Options?
The opportunity for the public at large to trade binary options appeared in 2008 which caused an outright revolution in the trading world.
What are binary options and what makes them so appealing?
Binary options are a form of online trading which have an expiry time, two basic possibilities when it comes to underlying price direction and a fixed return.
The fact that attracts so many to binary options is multidimensional – the investment is affordable to the “Average Joe”, the basic principle is simple as the price of the underlying asset can go either up or down and it is all happening online.
Additionally, the trading can be done from virtually everywhere in the world where the internet connection is stable and traders may use all kinds of fantastic trade options and tools so it becomes much easier to understand the interest binary options draw from people.
There is a longish list of trade options which can be used such as the newbie favourite High/Low, 60 Seconds, Pair Options, Range Options, Ladder Options, One Touch…
Another point in favour of trading binaries is that traders know the risk, the profit and the potential loss in advance which makes money management much easier. The possible payouts are very attractive as well.
Traders are the ones who set the underlying asset’s price direction and its expiry time.
With all the benefits, it is understandable that many on the South African market wish to participate so the question how to do that is important. However, what prospective South African traders have to know before they start is that this form of trading is suitable for all.
Benefits of Successful Binary Trading in South Africa
Naturally, there are other forms of trading available on the market like Forex, yet binary options are far simpler and the possible gains go higher.
With binary options, South African traders have the absolute control when it comes to their trades and they also know the risk involved. Another aspect of binary trading makes it a very appealing prospect – it is not possible to lose more than the invested sum.
As indicated, trading binaries is versatile and South African traders may use not just various options but also a great selection of expiry times. Some can be as short as 30 seconds or as long as 150 days. This also provides a very individualised approach to trading as different traders have different trading styles.
It is also possible to use various trading strategies which can be combined with the selected expiry times. It is important to know that short expiry times are riskier but are also more profitable and very exciting.
The profits also depend on the selected binary broker so those may range between 70-93% which is an industry average. These numbers make it even more apparent why binary options trading is so popular, both in South Africa and around the world.
Traders may invest in a verity of underlying assets which are typically sorted into four categories of stocks, commodities, currencies and indices. Binary brokers provide an Asset Index where traders can see a complete list of available underlying assets and the total number may go over 200 with some brokers. This truly provides numerous trading possibilities.
The trading platforms are, especially with established brokers, modern but very efficient and user-friendly. That makes it even easier for beginner traders in South Africa to join the ranks of those profiting from binary options.
Additionally, traders can find a well-stocked selection of advanced tools and features to help them not just to trade but improve their skills as well. One of the most popular trading features is the demo account.
How to Trade Binary Options in South Africa as a Beginner
In our guide for dummies, South African traders can pick up various tips on how to approach binary options trading as a beginner and what they need to know before they invest their funds.
One of the first thing traders have to be aware of are scam brokers. Binary options trading is popular and widespread and there are those who are trying to take advantage of that using any means necessary. The good part is that traders who invest a bit of time into research and education can learn what to look out for. More importantly, they can learn the signs which typically point to a scam broker.
On our site, traders can find plenty of interesting and useful broker reviews which will provide info on all the essential aspects important for that broker.
Low minimum deposit is always a good choice for beginner South African traders, and brokers like IQOption ($10) or Binary.com ($5) could be a great starting point.
Starting Your Trading Journey with a Reliable Binary Broker?
Not knowing is not a problem because traders can learn. Educational materials, great advice and useful tips are just a click away.
We suggest that South African traders start by investing time into selecting a binary broker which provides a secure trading platform together with a variety of underlying assets and trading features.
We provide a list of best binary broker reviews which can be a huge help for all prospective South African traders. These brokers are, in most cases, regulated by one of the regulatory authorities which is also important as it provides more confidence.
Why Do Traders Have To Read Broker Reviews?
Financial trading or investment without a certain amount of risk does not exist. Yet, in binary options trading that risk can be minimised by being properly informed. This is where the importance of broker reviews come in. When South African traders read broker reviews they obtain valuable information before they select a broker for binary trading.
We work hard to make our reviews as objective as possible, providing detailed information about trading platforms, available underlying assets, payment methods, withdrawal procedure and customer support.
Our site is designed to give traders in South Africa valuable input about broker’s services and trading options so traders can decide whether they want to make a deposit with a certain broker or not.
As mentioned, there are risks involved with any kind of financial trading and losses occur, just as profits. It is possible to find negative and highly subjective opinions of traders who have lost their investment on various forum sites. Often, they will be filled with frustration, dissatisfaction and only the partial truths.
We advise traders to consult reviews written on BinaryOptionRobot.com where they will be able to find a selection or useful info rather than going to obscure forums which are more often than not used simply to vent anger and frustration.
Experience and Profit from Demo Account as a Beginner
Demo accounts are one of the best allies South African beginner traders can have in binary options trading. There are plenty of brokers listed on BinaryOptionRobot.com which provide demo accounts for their traders like Opteck, 24option and 365trading.
The demo account is the perfect practice field since it is a risk-free environment due to the fact that funds are virtual and not real on the demo. Traders who utilise the demo account can gain more knowledge but also confidence.
Once they have done sufficient practising on the demo they can move on to a real account and start their binary options trading journey.
Binary Auto Trading
What Do You Know about Binary Auto Tradingin South Africa?
Binary options trading can truly be done by anyone, that is why it became so popular so quickly. Yet, a certain level of knowledge and skill is necessary to get that which all binary options traders want the most – profit.
Binary auto trading grew from the desire to make this online trading venture even more accessible to a large public. It is not easy to take up something new, especially when it comes to investing money. This fear can frequently keep inexperienced South African traders back. This means that often, traders would get stuck between the rock and the hard place. They wish to participate and profit but are too afraid to do so.
Then, there is also the aspect of learning to consider.
That means that South Africans who wish to do binary trading successfully have to invest time into learning about trading strategies, market monitoring and other aspects necessary for binary trading.
Yet, not all traders are willing or in a position to do that. Luckily, there is a solution and it is called binary auto trading. Or, trading with binary options robots as this manner of trading is known better. This way of trading is becoming very popular and it is easy to understand why.
As one of the best software currently available on the market, we reviewed and checked Binary Options Robot, which is completely free trading software that works so as to place trades in various underlying assets respecting traders’ wishes.
This advanced trading solution makes use of the amazing technology available today to scrutinise the circumstances on the South African market and then place trades according to settings adjusted by traders.
It may also achieve high payouts which makes Binary Options Robot even more attractive trading solution for inexperienced South African traders.
What is Binary Automated Trading?
South African traders who take up financial trading of any kind usually have one driving force – to achieve healthy profits. Availability of binary options trading in South Africa allowed millions of people the opportunity to participate in this form of online trading.
Trading binary options is known as an easier and more simplified form of financial trading and with binary automated trading that simplicity was taken to a whole new level.
What binary auto trading is an added benefit which has managed to attract even more traders.
It took the already straightforward trading process and made it even simpler. Instead of the traders doing the research and learning about various aspects of the trading binaries they simply have to adjust the settings.
Once that is done, binary robots do the rest of the hard work.
The reason why so many traders in South Africa and around the world, now favour this manner of trading is the amazing technology that is behind it.
Advanced and complex algorithms scan the current market situation and generate trading signals. Trading signals are essentially information communicating which trades have the highest chance of being successful.
Naturally, these signals are generated based on the trader’s preference, they are not random. As is the case with standard binary trading, risks are present in binary auto trading too but the process is made even easier and probably much less daunting.
In order to help and guide prospective binary options traders who are interested into binary auto trading, we at BinaryOptionRobot.com will provide a lengthy guide into South African binary auto trading which will, hopefully, be an excellent springboard for a profitable trading journey.
Binary Signal Provider Types – South Africa
When it comes to generating signals, two types of signal provider software are available on the South African market.
On the one side, seasoned and experienced South African market experts create trading signals, and on the other traders may opt to use signals generated by complex trading algorithms.
In the first case, trading signals are human-generated. While this certainly has some drawbacks, to South African traders have to know that all financial markets have the human element present.
Therefore, a team of professionals with deep knowledge trading combined with the understanding the human nature, can be very good for achieving success.
The second type refers to the signal provider software which is firmly based on sophisticated, advanced and innovative technology which utilises complex algorithms in order to generate binary trading signals.
The algorithms scan the South African market to pinpoint trading opportunities which are likely to end in profits. Since algorithms are designed in such a way to include various parameters and factors, the so-called “human error” is considerably reduced.
It is neither possible nor fair to place one above the other when it comes to the type of signal providers, this is strictly down to traders’ preference.
At any rate, once the signals have been generated and delivered, South Africans can then use them to trade binary options.
Advantages of Binary Auto Trading Signals in South Africa
Several binary options signals providers have been reviewed on our site in order to provide useful info to our readers from South Africa.
Traders can find detailed information about services offered by each provider, the price and comprehensive data concerning their tools and features.
The appearance of South African signal providers and binary auto robots, could be a great solution for many traders.
Yes, some amount of research to choose the right binary robot and the equally suitable binary options broker is still necessary, but the rest is no longer a problem.
South African traders are not required to follow the financial market and all the events taking place. They even don’t have to know a lot about underlying assets or what might influence them. The same can be said about the trading strategies because the trading software does all the hard labour for them.
The market is observed and analysed either by advanced algorithms or, alternatively, trading experts. Binary trading signals are generated and delivered, containing the information of which trades have the best chance of yielding profits. Most binary auto robots, require that South African traders set the preferences in terms of which underlying assets they want to trade, how many trades per day they want the trading software to execute.
Traders can also set the daily budget which is a fantastic way to manage the money. Once those settings have been adjusted according to traders’ preference, the binary signal providers will do everything else.
Naturally, there are differences concerning quality, settings, features, tools and the number of underlying assets provided by various signals providers and binary robots, but the bottom line is – they do the hard part for the South African traders. They can the market and generate trading signals which have the highest probability of being profitable.
Again, there is no such thing as a 100% guarantee that every trade will end in success and traders have to keep that in mind before they decide to go into binary options trading.
Binary Signal Providers
How to Choose the Best Signal Provider in South Africa?
We at BinaryOptionRobot.com, are here to offer latest binary news to South African traders who are considering taking advantage of binary options auto trading. However, all advice and tips we give here are used at traders’ risk.
It is not possible to favour human-generated trading signals over those created by an algorithm. Traders have different preferences and there is no right or wrong here.
But, what we can do is offer all prospective South Africans some handy tips on how to approach binary auto trading which can make the decision-making process at least a bit easier.
We have researched various signal providers in South Africa and here are some of the tips on how to choose trading solutions that provide the best ratio of quality and effectiveness.
What to Look for in Binary Signal Providers?
The minimum deposit is usually the first thing South African traders investigate. In the majority of cases, the signal providers or robots are completely free.
This means that traders do not have to pay extra to use them. They do have to make a deposit to start trading. The deposit is made with one (or more) of connected binary brokers who support automated binary trading. While the deposit amount can vary, in most cases it is around $250.
Another thing to look out for it to select a signal provider which is connected to well-established and preferably regulated binary broker.
Another thing to look out for when it comes to how to choose the best signal provider in South Africa is not to fall for unrealistic promises. As we pointed out – there is no such thing as a 100% guarantee to make profits. South Africans should stay away from such signal providers and select those which make realistic promises.
We also suggest traders in South Africa to opt for a binary robot which always demands that traders have to be logged into their account and present online when the trading process is taking place. Traders should also be the ones who adjust and set all the preferences and settings on the trading software.
Another important element which is sometimes overlooked is the quality provided by the customer support agents.
We strongly suggest that South Africans test the customer support service before they make the final choice.
Automated binary trading is getting more and more popular which means that the number of binary robots/signal providers grows almost daily. Selecting the best one is not easy, but in paying attention to tips we have provided it can be a much easier and less stressful process.
If traders also dedicate some extra time to reading various binary signal reviews available on our site that process will become even easier.
What is the Best Binary Options Auto Trading Robot in South Africa?
An increasing number of binary options auto trading robots available on the market does not make the answer to this question an easy one. However, as is always the case, some binary robots are more popular than others.
Binary Options Robot is one such trading software. It has managed to profile itself as the best South African binary robot in 2020. This title came as a direct result of outstanding services this binary trading solution provides to its registered traders.
Based the information available on their site, this is a 100% controllable binary trading software, it is free and it does not require any additional downloads or installations.
Binary Options Robot Software – Special Technical Information
One of the most appealing aspects of this trading solution is that Binary Options Robot offers its services for free. The registration process is simple, quick and free and South African traders can select any binary options broker available with the Robot.
What South African traders get to experience with Binary Options Robot is an advanced form of technology which uses API connection which then connects Robot backend to binary brokers. In using API technology, fast information processing is possible and, as the saying goes – time is money. And in binary options, time is of crucial importance.
Binary Options Robot uses a sophisticated trading algorithm which not only takes into account the present market situation, but also makes use of the information obtained via indicators, entry points, candlestick formations as well as risk management rules.
South African traders are free to use Binary Options Robot from any device which has good internet connection.
The Robot can and will trade only when it is connected to the internet. This is an additional protection for traders as that means that nothing happens without their knowledge.
South African traders get to choose among over 50 available assets. It is recommended to keep most (or all) underlying assets active at all times. This will generate more trading signals and more opportunities to make profitable trades and it does not cost anything to keep them active.
Traders also have a handy History tab which depicts all trades carried out in the past with all details about that trade.
There is another perk which comes with Binary Options Robot and which has been pioneered by this trading software called the Auto Trade Approval.
The Auto Trade Approval is a kind of a pop-up window that allows traders to have the control over their investment choices. When the Robot scans the financial market and located the optimal trade, it transmits that information to the trading dashboard.
This info appears in the form of the Auto Trade Approval providing relevant details about the trade. South African traders will see the underlying asset, investment value, a suggested put or call option as well as the expiry time for accepting the trade. What auto trade approval does is give traders the ultimate control as they get to either accept or decline the suggested signal.
Traders have the final say with Auto Trade Approval.
Binary Options Robot – Advanced Trading Features for Better Performance
The further attraction of Binary Options Robot is given in the fact that South Africans needn’t be trading experts to use it and hopefully profit from it. Naturally, it is always better when traders do know and understand the basics of binary options trading and are familiar with trading strategies.
Experienced binary traders in South Africa can also find this to be an exciting trading prospect since they can simultaneously trade with more binary options brokers.
This can be achieved from the one trading platform so traders know what is happening at all times and can manage or adjust their trading plan easily.
By analogy, this also indicates that South Africans do not need to open more than one trading account with Binary Options Robot.
South Africans have more than 50 underlying assets available which are grouped into currencies, commodities and stocks.
Binary Options Robot also provides Daily Stop Loss feature that which allows more protection for traders’ investments. The Stop Loss feature gives traders free reigns over how much they want to invest on daily basis. Once the set level has been reached the Robot will no longer trade. This is great as South African traders can create a solid investment plan and avoid unnecessary losses.
Maximum Daily Trades is yet another helpful feature that South African traders should use. This tool is designed to help traders set the maximum number of trades per day.
Trading Amounts feature is a handy way to define an amount that could be invested for specific underlying asset groups. For example, with Trade Amount traders can define that they wish to invest $200 in currencies, $100 in commodities, and perhaps $50 in stocks.
How to Open an Account With Binary Options Robot?
The registration process is simple, fast and straightforward with only the basic info required to open an account with Binary Options Robot.
The South African traders will receive a confirmation mail after they complete the registration process. After the registration is done, the traders have to make a deposit with more or more available binary brokers after which they can initiate the trading process.
Created and designed to be user-friendly, especially for newbie traders, the Robot will open one broker account for traders once the finalise the trading process. Depending on the country, in this case South Africa, Binary Options Robot will choose the best available binary broker. Later, the traders are always welcome to add more brokers to their portfolio.
Another thing should be kept in mind – if South African traders already have a trading account with one of the brokers available on Binary Options Robot it is not possible to use it this trading solution.
Traders have to register using Binary Options Robot if they wish to use this trading software.
Binary Options Robot VIP Account
However, the cherry on the cake when it comes to this binary trading solution is Binary Options Robot VIP account. This advanced trading account is free and traders become eligible to use it as soon as they make a deposit with one of the available binary brokers connected with the Robot.
When South African traders make a deposit for the first time, they will be in a unique position to use the VIP account for one month completely free of charge. And even after that first month is up all they need to do is make another deposit and the VIP membership will be prolonged.
Binary Options Robot VIP account is a collection of advanced trading features designed to further boost traders’ chances of securing success.
Contained within the VIP account, South African traders will find Trading Strategies feature, Risk Level features and Expiry Times features.
Until recently, this account numbered four strategies but now a new one has been added – Order Flow strategy which means there are now five in total. With Risk level feature traders may adjust the risk factor and with Expiry Times, South Africans can test both short and long-term expiry times.
Fintech Limited, which appeared on the South African market in 2020, is another potentially interesting binary robot.
A free binary options auto trading system, Fintech Limited provides handy trading features such as mobile trading app. Trader Sentiment is another useful trading feature which enables Fintech traders with a chance to monitor other registered traders and depicts the number of manual trades vs auto trades.
South African traders who opt to use this binary options trading robot traders get to experience aspects of social trading and copy trading via Sentiment feature.
Profitable Auto Trading Is The Key?
As evident by the info we provided here, binary auto trading can save a lot of time. Plenty of new and interesting auto trading robots are appearing on the market at all times bit not all of them will be equally successful and provide traders what they want in terms of profits.
Risks are ever-present and South Africans have to keep that in mind. However, in following at least some of the suggestions we provided here as well as testing out binary solutions such as Binary Options Robot, auto trading could be the key for many South African traders.
And of course, investing at least a little bit of time into education can only help along the way. Reading reviews on various binary robots and signal providers will allow South African traders to have a much wider and fuller picture. That, in turn, should make the selection easier.
The Importance of Binary Brokers for Successful Auto Trading Process
To say that the success of profitable binary options trading depends on a single segment would be a complete fabrication.
As always, there are many elements that must come together for traders to achieve the ultimate prize – profits.
Yet, one could argue the point that some elements are more important than others.
And two of the most important ones is the right combination of established binary broker and superbly designed auto trading robot.
As pointed out earlier, it is always clever to check the regulation status connected brokers have. If they have been regulated by regulatory bodies such as CySEC in Cyprus, ASIC in Australia, FCA in the UK, CFTC in the United States or FSB for South Africa. There are other regulatory authorities around the world as well and this may point out to the quality traders may expect from a certain binary broker.
South African traders must be aware that a regulatory license is not a guarantee, but it still provides additional security for binary traders.
Having a superb binary auto trading system will mean very little if the binary broker is a scam or simply does not put adequate effort into providing quality services.
Which brings us back to the point that we, at BinaryOptionRobot.com already mentioned – taking the time to do proper research. This does not just refer to the matter of binary auto robots and binary auto signal providers which, recently, seem to be overlapping concepts, but to binary options trading in general.
By selecting a South African signal provider or binary options trading robot which trades with only those binary options brokers which have withstood the test of time and provide the best possible service to their registered traders, is the union which stands a fair chance of bringing about healthy profits.
Our advice stands – traders should read broker review sites which offer advice and info on best binary brokers on the South African market.
The site also contains fantastic guides and strategies which can all help South African traders to expand their knowledge on the binary options trading process in general.
And in doing so, all prospective traders will also be able to grasp the basis of binary auto trading as well.
Customer Support and Education in South Africa
Successful binary options traders know to never underestimate the power of knowledge in binary options. There is no need to pay for expensive courses or colleges, as many good brokers offer quality educational materials. One of them is the popular and widely used 24option. On their platform, South African traders can find an entire section full of useful tips.
Another important thing to keep in mind is the professional, accessible and friendly customer support service.
When everything goes well, customer service is something the average trader doesn’t take into consideration, but if things go downhill it is important to have a good customer service to fall back on.
Customer service nowadays typically provides several different communication channels. Depending on the selected binary broker, South African traders can contact them via phone, email, live chat or skype.
Before making a deposit, traders should definitely test if the broker offers the satisfactory customer support service. Sometimes the customer service is available only in English, and sometimes in more languages, so South Africans have to make sure to check if they offer service in either their native language or in the language they understand and can communicate in.
Sometimes not even the best customer service will be able to solve a problem in record time, however good customer service will always give traders all the necessary information and support they might require.Best Binary Options Brokers 2020:
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