BullBinary Broker Review ¦Binary Options Trading South Africa

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

BullBinary Broker Review

This broker is closed.

Estalished in 2020, BullBinary is a binary broker who is present on South African market to offer trading platform for investing in binaries. This brokerage company is operated by the Spot Capital Markets Ltd.

Further in BullBinary broker review, we’ll provide more thorough information regarding the platform and what trading tools can South Africans use to maximize profit in binary options.

BullBinary South Africa – General

What we discovered in BullBinary broker review is that required minimum deposit is $250. Minimum investment is only $1, while returns go up 90%. With BullBinary, it is possible to choose between several different currencies, including USD, EUR, GBP, PLN, HUF, BRL and CZK.

BullBinary broker review revealed how they obtain regulation of 14 regulatory authorities which is absolutely fantastic. With its regulatory status, traders don’t need to worry if their funds will be safe as well as will they be able to reach BullBinary support service in case of any assistance.

BullBinary Platform and Trading Features

SpotOption software is the chosen one for BullBinary broker, thanks to its simplicity while trading. Available trade options on BullBinary platform are: 60 Seconds, Pair Options, High/Low and Long Term. our BullBinary broker review showed us how South Africans can choose between more than 180 underlying assets (currencies, stocks, commodities and indices).

Traders might wonder which features and services are available on this platform. Our BullBinary broker review showed us how features such as Double Up, Sell options and Rollover await traders in South Africa to join in and begin trading.

As the word says it, Double Up means how it is possible to double the trade in order to improve trading results with an asset. With Sell Options, South Africans can sell the position before a trade expires. Rollover feature is very meaningful for registered traders since it enables them to postpone expiry time, which is especially important if a trade is in unsuccessful position. This feature is valid up to 15 minutes before trade expires.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

BullBinary has prepared mobile app to satisfy needs of busy traders who prefer trading binary options on the go. Due to tech improvements, traders can now benefit from mobile trading since mobile platform is transparent and easy to use with clear overview on trading charts. App is connected with both iOS and Android systems.

Inexperienced South African traders will be glad to see how this broker offers demo account option on this platform, as learned from BullBinary broker review.

On BullBinary demo, traders can perform strategies and trading techniques in risk free environment to gain more trading knowledge. With demo, trading is risk free since there is no option of investing real funds, only virtual ones. Traders should know how on Regular account, demo account isn’t available, but access to demo can be used only when traders deposit at least $2500.

Tip: Consider IQ Option instead – the best regulated broker for South African traders with a minimum deposit of only $10!

BullBinary Account Types

What we learned in this BullBinary broker review is that this broker offers several trading account to South African traders, besides practicing on demo. Check further our BullBinary broker review and find out more about characteristics of each BullBinary account.

BullBinary Regular Account

  • Minimum deposit of $250 and investment $1
  • Payouts up to 83%
  • Withdrawals within 5 business days
  • A variety of education materials on disposal

BullBinary Silver Account

  • Minimum deposit of $2500 and investment $1
  • Payouts up to 83%
  • Withdrawals within 5 business days
  • A variety of edu materials on disposal and 1-on-1 trading sessions with an expert

BullBinary Gold Account

  • Minimum deposit of $20 000 and investment $5
  • Payouts up to 85%
  • Withdrawals within 2 business days
  • Access to Edu Center and unlimited 1-on-1 trading sessions
  • Personal expert on disposal
  • Access to market news and webinars

BullBinary Platinum Account

  • Minimum deposit of $50 000 and investment $25
  • Payouts up to 90%
  • Withdrawals within 24 hours
  • Unlimited and free withdrawals
  • Access to Edu Center and unlimited 1-on-1 trading sessions
  • Personal expert on disposal
  • Access to market news and webinars

BullBinary Customer Support Service

Good and quality customer support is an important segment in binary options industry and our BullBinary broker review showed exactly that.

Traders in South Africa are able to reach this broker via several ways; email on [email protected] , live chat, online form and phone number for 18 countries around the world.

Also, platform is multilingual and available on following languages: English, French, Portuguese, Spanish, Chinese, Czech, Italian, Russian, Greek, Polish, Hungarian, and Arabic.

Another important element for registered traders is the fact how support service is on traders’ disposal 24/5. South Africans can ask support agents any question regarding their platform, how to make transactions or what features can be used in order to make profit when trading binaries.

As mentioned above in the BullBinary broker review, traders have option to check their Education tab and find needed info which can be used in the trading process.

These education materials include FAQ, Economic Calendar, Bull Academy, webinars, latest updates from market news, One-on-One trading and Products. Entire Education Center is completely adjusted for traders novice as well as pro traders who can use education guide to expand trading knowledge.

BullBinary Banking Info

Owned by Spot Capital Markets Ltd, this broker offers South African traders an innovative platform with a wide range of trade options, accounts and features for profitable trading journey.

Our BullBinary broker review revealed how it is possible to deposit through several ways, such as:

  • Cards: Maestro, Visa, Mastercard and Carte Bleue
  • Wire transfer
  • E wallets: Neteller, Skrill Moneybookers, AstroPay, Boleto, WebMoney, PaySafe Card, QIWI, Moneta.ru, Sofort, TrustPay, Neosurf, GiroPay and HalCash

Also, it is important to mention how there are no fees for depositing. In order to begin trading, South Africans first need to sign up, click on My Account tab and deposit a specific amount of money.

Concerning withdrawals, traders first need to submit a withdrawal process and provide several needed information. They include proof of address and copy of ID card. These documents need to be sent to email [email protected] for this broker to approve request.

Once approved, it might take up to 5 working days for traders to receive their earnings. Our BullBinary broker review showed us how there are no minimum withdrawal amount, which isn’t so often seen in binary industry. But, this broker does charge fee for withdrawals, in amount of $10, except Platinum account which is free.

BullBinary Broker Review 2020

BullBinary, a binary broker present on the South African market since 2020, is a brand name of Spot Capital Markets Ltd. This is a regulated broker which provides traders with numerous options to make a profit.

In BullBinary broker review we shall present essential information concerning their trading platform, account types as well as trading features and tools.

BullBinary General Information

In BullBinary broker review we discovered that minimum deposit is $250 with the minimum investment being only $1.

In order to deposit funds, traders first need to sign up and then simply proceed to My Account tab where they can deposit the funds which they will later use in trading.

Traders may select among a handful of currencies such as EUR, GBP, USD, CZK, PLN, HUF and BRL.

Another benefit for South African traders is the possibility of attractive returns which may go up to 90%.

Additionally, as a binary broker regulated by a regulatory body, South African traders get that extra security as concerning the safety of their funds.

BullBinary Platform and Trading Features

When it comes to trading software, SpotOption is utilized on BullBinary trading platform. SpotOption is one of the leading trading software in the industry.

In our BullBinary broker review we found that trading options South African traders can use are:

  • High/Low
  • Pair Options
  • 60 Seconds
  • Long Term

More than 180 underlying assets are also available to traders when they place trades and those are sorted into four categories: indices, currencies, stocks and commodities.

South African traders also may benefit from various trading features which include Rollover, Double Up and Sell Options.

Sell Options feature provides traders with the possibility to sell position prior to trade expiry.

On the other hand, Rollover feature provides an opportunity for traders to delay the expiry time which can be of great importance if traders find themselves in a position where their trade is not going in the predicted direction.

The Double Up feature is there so traders may double the trade they made which may bring in more profits.

Fantastic and very 21 st trading tool available with BullBinary is their mobile trading app. This is a handy solution for all South African traders with busy lifestyles who still want to be active participants in the binary options trading market.

Our BullBinary broker review showed that traders having iOS and Android devices may use this trading app.

Another great benefit for South African traders which we discovered in our BullBinary broker review is their demo account. Using the demo account is especially beneficial for newbie binary options traders as this provides them with a perfect setting for practicing.

Demo account is a risk-free solution since traders get virtual funds not real once and they can practice various trading strategies and options.

With BullBinary, access to the free demo account is possible once South African traders deposit the minimum of $2500, which means this trading feature is not available with their Regula account.

Lastly, the BullBinary trading platform also supports a variety of languages such as Arabic, French, Portuguese, Spanish, Chinese, Czech, Italian, Russian, Greek, Polish, Hungarian, and English.

BullBinary Broker Review 2020

On the market since 2020, BullBinary is a binary options broker which holds interesting trading opportunities for the South African market. Spot Capital Markets Ltd. is the company behind BullBinary brokerage.

Our BullBinary broker review will focus on providing all perspective South African traders will essential information concerning this broker and trading tools, features and options it has to offer to all interested South Africans.

BullBinary South Africa

The first aspect we inspected in our BullBinary broker review is their minimum deposit policy and this broker has it set at $250 which is considered to be the average for binary options industry.

For minimum investment per trade, traders will have to invest $1 while the possible returns might reach 90%.

Several different currencies are available to South African traders and those include GBP, USD, EUR, PLN, CZK, BRL and HUF.

In our BullBinary broker review, we also found that this broker is regulated and has managed to secure 14 different regulations from various regulatory authorities.

BullBinary Platform and Trading Features

Trading software used on BullBinary trading platform is one of the best-known in the industry – SpotOption. SpotOption software provides simple yet modern and effective trading.

Further in our BullBinary broker review we also saw they offer a nice selection of trading options which are: Pair Options, High/Low, Long Term and 60 Seconds.

When it comes to underlying assets, all perspective South African traders have a selection of more than 180 which are sorted out into four customary groups – commodities, stocks, currencies and indices.

BullBinary broker offers their registered traders interesting and potentially profitable trading tools and options.

One of the most popular trading features is the demo account and which we found to be available with this broker.

By making use of the free BullBinary demo account which is available once South African traders make a deposit of $2500, traders have the fantastic opportunity to practice binary options trading. That means they can use the demo account to gain confidence, knowledge and practice prior to any actual trading.

In our BullBinary broker review, we also found that demo account is not available with BullBinary Regular account.

Other trading features and tools include mobile trading app, Double Up, Rollover and Sell options.

With Sell options, South African traders have the opportunity to sell the position prior to the expiry time. Rollover feature provides the possibility for traders to delay the expiry time which can be very good in instances when a trades is not going according to estimated direction.

Double Up feature has been created to give traders a chance to double the trade so as to achieve better trading results.

Lastly, the mobile trading app which is also available with this broker is a great way to trade binary options regardless of their current location.

Advanced technology implemented with the mobile trading app is efficient but also easy to use and transparent as it provides traders with trading charts and clear overview. In utilising mobile trading app, traders can trade from any location and thus snap up any potentially profitable trading opportunities but without being tied to a PC or laptop. BullBinary mobile trading app is available for Android and iOS mobile devices.

BullBinary platform is multilingual and is available in following languages: English, Portuguese, Spanish, Chinese, Czech, Italian, French, Russian, Greek, Arabic, Polish and Hungarian.

BullBinary Account Types

Next step in our BullBinary broker review are the account types available with this broker and which number four in total. Each account has a specific set of characteristics and features and caters to various traders and trading styles.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

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